Best Response

From what I have seen there are characteristics that can help differentiate analysts:

1) Attention to detail 2) Ask for help, but do not consistently annoy the Associate 3) Learning from your mistakes 4) Understanding that you are not God.

I had two analysts on my team who were technically very astute but the team hated them and they did not stay on after their time. They came in thinking that they were the next Gordon Gekko-crossed-with-James Bond. No matter how good your excel modelling is, or how well you can put together stuff for Directors, strutting around like you own the joint is not a good image.

 

3 is absolutely huge. Everyone expects the analyst to make an honest mistake- but you better not make that mistake again.

HYAddict:
From what I have seen there are characteristics that can help differentiate analysts:

1) Attention to detail 2) Ask for help, but do not consistently annoy the Associate 3) Learning from your mistakes 4) Understanding that you are not God.

I had two analysts on my team who were technically very astute but the team hated them and they did not stay on after their time. They came in thinking that they were the next Gordon Gekko-crossed-with-James Bond. No matter how good your excel modelling is, or how well you can put together stuff for Directors, strutting around like you own the joint is not a good image.

 

Analysts are like pizza delivery guys, they come in four types:

1) The guy that loses the directions has to call back the shop for a reminder where he's going. By the time the pizza gets to my house, it's cold and I'm no longer hungry. 2) The guy that arrives on time; yet, brings the wrong pizza or forgets the soda. 3) The guy that brings the right pizza, at the right time, to the right address. 4) The guy that arrives early, sets the table, lights the candles, places the napkin in my lap, pours my drink, and serves the dish.

Which analyst are you?

I'll do what I can to help ya'll. But, the game's out there, and it's play or get played.
 

The best quality of an IB analyst isn't asking questions which have been answered dozens of times. Search bar.

You seem like the type who'd IM their MD to get the LIBOR rate..don't be that guy.

"It is better to have a friendship based on business, than a business based on friendship." - Rockefeller. "Live fast, die hard. Leave a good looking body." - Navy SEAL
 

Knowing which tasks given to you are actually important or not. I'm not saying that if you have a bunch of free time to not do something, but expect to have minor things get lost in the shuffle and don't kill yourself trying to get something on your bosses desk that will never be read. There will be times that your boss mentions something in passing and it will be the most important thing you do all week, there will be other times where you spend 15 minutes talking about something in a meeting that no one will ever see or ask for again. Do your best to figure out which are which.

This to all my hatin' folks seeing me getting guac right now..
 

The top analyst is the guy I can give all the bitch work to and he just smiles and takes it. He works the most, does the highest quality work, and would gladly suck my dick if I asked him to.

He, unfortunately, doesn't have much in the way of people skills, so he will leave to go get an MBA, and will be refused an offer as an Associate, because, it's a sales business and he's not cut out for it. This is ok, though, because he'll get a job at a quant fund and continue to plug away happily on excel while the mediocre former analysts are now MDs and get to lose their remaining brain cells while wining and dining clients.

Now, do you REALLY want to be the star analyst?

 
alexpasch:
The top analyst is the guy I can give all the bitch work to and he just smiles and takes it. He works the most, does the highest quality work, and would gladly suck my dick if I asked him to.

He, unfortunately, doesn't have much in the way of people skills, so he will leave to go get an MBA, and will be refused an offer as an Associate, because, it's a sales business and he's not cut out for it. This is ok, though, because he'll get a job at a quant fund and continue to plug away happily on excel while the mediocre former analysts are now MDs and get to lose their remaining brain cells while wining and dining clients.

Now, do you REALLY want to be the star analyst?

if the star analysts founds his own l/s hf and becomes a billionaire whilst the mediocre analysts live on $5mm as mds, sure :p
 
karypto:
The star analysts makes all the other analysts believe he/she in an associate and gets them to do all your work.

this is would be a potential star banker.

The answer to your question is 1) network 2) get involved 3) beef up your resume 4) repeat -happypantsmcgee WSO is not your personal search function.
 
karypto:
The star analysts makes all the other analysts believe he/she in an associate and gets them to do all your work.

Getting your peers to do your work? That only works if you have their family hostage or if you have pictures of them committing a felony.

One of those lights, slightly brighter than the rest, will be my wingtip passing over.
 

as previously mentioned...a star analyst is someone who's first-in last-out, can spread 50 comps one night with the smile on his face, take whatever abuse your associate dumps on you and someone who will probably burn out after 2 years of banking

 

The star in my analyst class was very social and all the higher-ups and pretty much the entire analyst class liked him, tried to take him out for drinks, etc. On top of doing excellent quality work (sometimes made mistakes, but not many and probably never the same one twice), he was great at seeing the bigger picture and how everything fit together

 
BANK3R:
What does it take to get a FT offer as a SA or why would a SA not get hired FT?

From their perspective, they will ask the question: "would I rather this guy be working for us, or the competition?"

That will determine whether you get the FT offer or not.

 

Depends on the year though, like 2010 a lot of banks hired from their SA classes, 2009 not nearly as much... even 2010 Citi took like 90%+ but some other BBs took far less (closer to 50-75). However, it was usually the kids that lacked all social skills and despite being able to do most of the work, asked questions at annoying times and just didnt click with any of the groups that didnt get FT offers.

 

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