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Wall Street Oasis » Forums » I-Banking Bullpen
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When Does Life Get Better?
 

SlikRick's picture
SlikRick
      CO
 
(Senior Orangutan, 461
 
Points)
 on 12/5/12 at 6:00pm
Life-Gets-Better-Cover-3.jpg

Before I jump into it, I want to make clear that this is NOT a sob story, and I'm very happy with where I'm at! I've been at my current consulting gig for 5 months and gets better by the day. I'm still learning a lot on the job, but I'm finally starting to feel like I'm adding value to my team and not just asking questions throughout the day. That being said, its still nothing compared to the amount of fun I had in undergrad.

Question: To all the bankers, consultants, PE folks, etc, do you feel that life is better now post-grad or when you were in college? To some, this question is ludicrous and of course you're going to say college was the best time of your life. And like most, I fall into that camp. But are there others who disagree? If so, what event happened in life to make you feel happier? Was it the fat bonus? A significant promotion? Children? Acceptance into an awesome MBA, ensuring the most significant, life changing two years of your life (kidding...please no MS)? Would love to hear thoughts.

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IvyGrad's picture

I love my life now. College

IvyGrad
     
 
(Senior Baboon, 197
 
Points)
 on 12/5/12 at 4:56pm

I love my life now. College was fun, but it's just much better to be making 75-80k a year working 50 hours a week, get to travel to cool places (I work in consulting), live in the most awesome city in the world (NYC), have access to lots of gorgeous girls, and the best part is I am still in my mid 20's.

Like half of all my friends from college live in NYC so I hang out with my college buddies all the time. Plus, as of now, I love my gig, since for the weekends, I can get the free airplane tickets to travel to whatever city I want to go. Last weekend, I went to Vegas and met up with my college buddies there and had a fucking blast. Next weekend I am going to LA to visit my another friend from college, with all travel expenses covered by my company.

Back in college, I was shit broke, thought that over 70% of crap I learned in all classes were boring and useless (and they are), and I wasn't happy with the city that my college was located in (New Haven). Still, I met many fun group of friends while there so no regrets.

In my opinion, someone's life prime is from early twenties to early thirties. Get a decent paying job, make lots of friends, travel and see the world, party a lot, and date lots of girls. And, don't get married. Try to enjoy your life when you are young & single. From mid-30's and on, it's all downhill.

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beezle's picture

I agree. College was fun,

beezle
      VC
 
 
(Senior Monkey, 97
 
Points)
 on 12/5/12 at 5:21pm

I agree. College was fun, but I am so much happier setting my own schedule, making my own money, and spending time with the people I care about the most. I'm glad I got out of banking because my hours are a lot more reasonable now, so I get to spend my nights and weekends travelling or laying on the couch watching football.

It's interesting you brought up the bonus thing. I read an article about how events like getting larges bonuses or winning the lottery only make you happy for a few months at most, and then most people get back to their "normal" level of happiness. I haven't won the lottery, but getting a top tier bonus only made me happy for about a week. It's the freedom of making my own money, controlling my own time, and finding someone special that makes me happy, regardless of the long hours at work.

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CompBanker's picture

I agree with IvyGrad. Life

CompBanker
      PE
 
 
(Almost Human, 8,740
 
Points)
 on 12/5/12 at 5:22pm

I agree with IvyGrad. Life now is WAY better than college. A lot of it comes from the flexibility of being an "adult" combined with enough income to do whatever you please. It is really cool being able to pave your own path in life. IvyGrad talks about travel, but that is just one aspect of it. As a college grad with a good income, you can say: "I think I want to go skiing this weekend, I'm going to rent some skis and a nice condo and just do it." That sort of flexibility to do as you please is amazing.

CompBanker

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SECfinance's picture

I may be different because I

SECfinance
      IB
 
(King Kong, 1,432
 
Points)
 on 12/5/12 at 5:35pm

I may be different because I transferred schools midway through so I had to start over socially, but I am ready to be done with school. I enjoyed my interning experience this summer and am going back to the same company for FT.

I want to get out in the world and start making my own money and making my path. There are a lot of things that I want to do/work towards and I need money to do them. I'm nowhere near ready to settle down, just ready to start doing my own thing and walking out of the shadows of relying on other people.

I understand why people say college is the best time of your life (no responsibilities), and I've had fun, but I'm looking forward to what the future will bring.

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In reply to CompBanker
porkbellies's picture

CompBanker: I agree with

porkbellies
      IB
 
 
(Orangutan, 295
 
Points)
 on 12/5/12 at 5:57pm
CompBanker:

I agree with IvyGrad. Life now is WAY better than college. A lot of it comes from the flexibility of being an "adult" combined with enough income to do whatever you please. It is really cool being able to pave your own path in life. IvyGrad talks about travel, but that is just one aspect of it. As a college grad with a good income, you can say: "I think I want to go skiing this weekend, I'm going to rent some skis and a nice condo and just do it." That sort of flexibility to do as you please is amazing.

Amen to that. Being an "adult" is the best.

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AndyLouis's picture

college was fun, immediately

AndyLouis
     
 
 
(Almost Human, 6,117
 
Points)
 on 12/5/12 at 6:16pm

college was fun, immediately after college was depressing ("the real world sucks" syndrome), then living abroad soon after college teaching english in china was fun and cleared this up, then getting back home and figuring out exactly what i wanted to do with my career for a few years ie "stuck in limbo" wasn't fun, fast forward to ~26 and figuring it out, setting a plan and doing what i'm doing now = best years of my life, and things are just getting better, and don't see why it won't continue to :). So advice for those of you who in that post college depression (or dreading it), things WILL get better, a lot better

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Extelleron's picture

I'm in college, so you have

Extelleron
      IB
 
(Monkey, 54
 
Points)
 on 12/5/12 at 6:19pm

I'm in college, so you have to take my response with a big grain of salt, but I imagine whether or not you prefer college or "real life" depends a lot on what sort of resources you had available to you in college; i.e., if you have wealthy parents who pay for a lot of stuff and you don't have to worry about being super frugal, then I'd imagine it has to be a total blast. On the other hand, if you are on your own and have basically no money, you'll be inclined to prefer the real world afterwards because you'll suddenly have the resources to do what you want, something you've never had the chance to do before.

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In reply to AndyLouis
ladubs111's picture

AndyLouis: college was fun,

ladubs111
      IA
 
(Senior Orangutan, 436
 
Points)
 on 12/5/12 at 6:28pm
AndyLouis:

college was fun, immediately after college was depressing ("the real world sucks" syndrome), then living abroad soon after college teaching english in china was fun and cleared this up, then getting back home and figuring out exactly what i wanted to do with my career for a few years ie "stuck in limbo" wasn't fun, fast forward to ~26 and figuring it out, setting a plan and doing what i'm doing now = best years of my life, and things are just getting better, and don't see why it won't continue to :). So advice for those of you who in that post college depression (or dreading it), things WILL get better, a lot better

Andy your path more or less parallels mine with some substitution of course. But same idea, college was a blast, right out of college real world sucks syndrome kicks in, then just doing whatever job while figuring out what i wanted to do. Fast forward to today: found and got into what I wanted to do.

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Nefarious-'s picture

I like how IvyGrad gave a

Nefarious-
      CF
 
(Neanderthal, 2,218
 
Points)
 on 12/5/12 at 6:29pm

I like how IvyGrad gave a pretty in depth explanation and CompBanker simply mimicked it and received 2SBs for doing so :D

You're born, you take shit. You get out in the world, you take more shit. You climb a little higher, you take less shit. Till one day you're up in the rarefied atmosphere and you've forgotten what shit even looks like. Welcome to the layer cake, son.

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Tommy Too-toned's picture

Totally depends... But on

Tommy Too-toned
     
 
(Gorilla, 509
 
Points)
 on 12/5/12 at 6:55pm

Totally depends... But on AVERAGE I thought it went something like: teenage years unhappy, uptick at start of college, back down toward the end of college, up and down at the start of work life, uptick around 30 when you get married, downhill after a few years, and then up again when the kids leave for college

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In reply to Nefarious-
AndyLouis's picture

Nefarious-: I like how

AndyLouis
     
 
 
(Almost Human, 6,117
 
Points)
 on 12/5/12 at 6:59pm
Nefarious-:

I like how IvyGrad gave a pretty in depth explanation and CompBanker simply mimicked it and received 2SBs for doing so :D

michael jordan rule.

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DonVon's picture

College was fun, but the

DonVon
      IB
 
 
(King Kong, 1,915
 
Points)
 on 12/5/12 at 7:03pm

College was fun, but the "real world" is much better, not even a close comparison. I get to do whatever I want, I'm not constantly worrying about my bank account, and I don't have to constantly think about homework/classes/papers that, while interesting, really don't matter a whole lot in the grand scheme of things.

I was _so_ ready to get out of school. I never want to sit in a classroom again. Socially it was awesome, but that's not exclusively why we go to college.

"An intellectual is a man who takes more words than necessary to tell more than he knows."
- Dwight D. Eisenhower

Check out my blog!

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Bobby Digital's picture

Life is great now but you

Bobby Digital
     
 
(Senior Monkey, 94
 
Points)
 on 12/5/12 at 7:11pm

Life is great now but you didn't do college the right way if it wasn't the best time of your life. Zero responsibilities, campus atmosphere, spring breaks, tons of coeds in their physical prime, and it's perfectly acceptable to treat every night like the weekend. Sure, I wasn't earning the $ I am now but it was a different mindset. Things were cheaper, life was more modest, and I didn't have a worry in the world. Finances are relative when you could go out and spend $20 comfortably in college.

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CaR's picture

I loved every minute of high

CaR
      O
 
 
(Gorilla, 687
 
Points)
 on 12/5/12 at 7:16pm

I loved every minute of high school. I thought nothing would beat using our fake IDs to buy booze so we could get borderline hospitalization drunk in whoever's basement while their parents were on vacation, or suiting up for varsity basketball games in front of the whole school. I'm still not convinced anything beats the rush of losing your virginity, or watching the female anatomy develop. Holy shit, what a glorious thing. On graduation day, I wondered how anything could possibly beat that.

Then came college. An absolute blur of growing up on my own, meeting people from a plethora of states and countries and making some of the best friends I'll ever have. A non stop quest to complete basic daily functions after subjecting my body to quantity of booze and aderrall that might make Charlie Sheen blink, but probably not. A sudden realization that the real world was right around the corner, where dad's wallet would be increasingly inaccessible; and thus, my introduction to finance. An true dichotomy of responsibililty and irresponsibility I wouldn't give up for the world. What could be better than that?

Now, 7 months out of college in a position at a firm I hardly even knew existed four years ago, making enough money in a year to support my $1300 rent and monthly car payments for the 2012 Jeep I just bought on my own. Sure, I work eight times as much as in college, but the only reason I worked in college was to get myself where I am today. Really isn't a more rewarding feeling I can think of (thus far). If you would have told me I'd be working hours like this in college, I would have sat in a corner and cried most likely. But, here I am.

I guess my point is, there are different stages in life. It's the easiest thing in the world to look back on the 'glory days,' or to look forward to the next stage when you just know things will be better. Each stage requires more sacrifice, but it's only what you make of it. There might be a guy selling necklaces for $10 on the beach in Hawaii who, while not being able to afford his rent, lives the purest, most carefree lifestyle out there. But, that's not the life you're working for, and it's not the life I'm working for. Ambition is an important human quality, but it can ruin you if you aren't true to yourself and your goals. So, realizing that, have a glass of bourbon and make the best with what you've got

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IlliniProgrammer's picture

Expected future happiness

IlliniProgrammer
      ST
 
 
(Almost Human, 9,258
 
Points)
 on 12/5/12 at 7:25pm

Expected future happiness peaked for me after I got my first bonus.

I think happiness peaks at 50 hours/week in a general job, maybe 75 hours/week in a job you're really passionate about if you don't have kids or a family. Otherwise, you need to have a strategy for getting to 50 hours/week or a job you can truly enjoy putting those extra 25 hours into.

Work hard, play hard.

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D M's picture

Once you're out of college,

D M
      O
 
(Senior Neanderthal, 5,009
 
Points)
 on 12/5/12 at 7:30pm
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"WSO is like the 300 for anti spamage. None shall pass." -happypantsmcgee
"You stop being an asshole when it sucks to be you." -IlliniProgrammer

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EURCHF parity's picture

To paraphrase Paul Graham, in

EURCHF parity
      O
 
 
(Senior Orangutan, 484
 
Points)
 on 12/5/12 at 7:38pm
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prudentinvestor's picture

Having Money > Being

prudentinvestor
     
 
(Orangutan, 317
 
Points)
 on 12/5/12 at 7:41pm
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Zweihander's picture

Like people have said college

Zweihander
      IB
 
(Senior Baboon, 241
 
Points)
 on 12/5/12 at 7:50pm

You know you've been working too hard when you stop dreaming about bottles of champagne and hordes of naked women, and start dreaming about conditonal formatting and circular references.

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IlliniProgrammer's picture

I'm not as detail oriented as

IlliniProgrammer
      ST
 
 
(Almost Human, 9,258
 
Points)
 on 12/5/12 at 7:59pm

Work hard, play hard.

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mxc's picture

I have a dream job but

mxc
      O
 
(Senior Gorilla, 813
 
Points)
 on 12/5/12 at 7:59pm
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Falcon's picture

Like CaR said, high school

Falcon
      CF
 
(Gorilla, 531
 
Points)
 on 12/5/12 at 8:00pm

Just a sophomore looking for an opportunity to start up this dream of mine.

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Thurnis Haley's picture

I pretty much hate college so

Thurnis Haley
      CF
 
(Senior Orangutan, 380
 
Points)
 on 12/5/12 at 8:20pm
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BTbanker's picture

*tries to spot Brady's new

BTbanker
      IB
 
(Senior Neanderthal, 5,340
 
Points)
 on 12/5/12 at 8:51pm

"A man generally has two reasons for doing anything. One that sounds good, and the real one." - J.P. Morgan

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above_and_beyond's picture

I hate real "adult" life.

above_and_beyond
      IB
 
 
(Senior Orangutan, 487
 
Points)
 on 12/5/12 at 9:14pm
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Culcet's picture

The thing I don't like about

Culcet
      EN
 
(Senior Orangutan, 410
 
Points)
 on 12/5/12 at 9:49pm
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In reply to Thurnis Haley
Art.Vandelay's picture

Thurnis Haley: I pretty much

Art.Vandelay
      O
 
(Gorilla, 503
 
Points)
 on 12/5/12 at 9:20pm
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In reply to Art.Vandelay
Culcet's picture

Art.Vandelay: Thurnis

Culcet
      EN
 
(Senior Orangutan, 410
 
Points)
 on 12/5/12 at 9:34pm
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computerized's picture

You guys all mention chasing

computerized
     
 
(Senior Orangutan, 447
 
Points)
 on 12/5/12 at 11:43pm
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HowardRoark's picture

College has been fun, but

HowardRoark
      O
 
(Orangutan, 339
 
Points)
 on 12/6/12 at 12:07am

jacobzhang.net - my thoughts and portfolio.

"Money doesn't talk, it swears." - Bob Dylan

See my other WSO Blog posts

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In reply to HowardRoark
Falcon's picture

HowardRoark: College has been

Falcon
      CF
 
(Gorilla, 531
 
Points)
 on 12/6/12 at 12:11am

Just a sophomore looking for an opportunity to start up this dream of mine.

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CoochieMane's picture

Culcet is spot-on. I messed

CoochieMane
     
 
(Orangutan, 342
 
Points)
 on 12/6/12 at 2:13am
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In reply to CoochieMane
IvyGrad's picture

CoochieMane: I hope those in

IvyGrad
     
 
(Senior Baboon, 197
 
Points)
 on 12/6/12 at 2:37am
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prospie's picture

Looks like this has already

prospie
     
 
(King Kong, 1,721
 
Points)
 on 12/6/12 at 8:46am

Financial Modeling Training
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MFFL's picture

This might be a bit outside

MFFL
      ER
 
 
(Senior Baboon, 213
 
Points)
 on 12/6/12 at 11:07am

"Well that's even more than less than unhelpful." - Jack Sparrow

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Otter.'s picture

Extelleron: I'm in college,

Otter.
      CD
 
 
(Gorilla, 561
 
Points)
 on 12/6/12 at 11:18am

Hi, Eric Stratton, rush chairman, damn glad to meet you.

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Culcet's picture

Again, it's fruitless to even

Culcet
      EN
 
(Senior Orangutan, 410
 
Points)
 on 12/6/12 at 11:35am
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Hayek's picture

College was great, but being

Hayek
      CO
 
 
(Senior Orangutan, 436
 
Points)
 on 12/6/12 at 12:06pm
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vtech243's picture

My two cents .... I think

vtech243
      IB
 
(Baboon, 173
 
Points)
 on 12/6/12 at 12:07pm
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In reply to Otter.
beezle's picture

Otter.: I think Extelleron

beezle
      VC
 
 
(Senior Monkey, 97
 
Points)
 on 12/6/12 at 1:38pm
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In reply to beezle
traps's picture

beezle, what field are you in

traps
      IB
 
(Senior Chimp, 22
 
Points)
 on 12/6/12 at 2:38pm

Traps

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In reply to Culcet
Thurnis Haley's picture

Culcet: Art.Vandelay: Thu

Thurnis Haley
      CF
 
(Senior Orangutan, 380
 
Points)
 on 12/6/12 at 2:51pm
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In reply to traps
beezle's picture

traps: beezle, what field are

beezle
      VC
 
 
(Senior Monkey, 97
 
Points)
 on 12/6/12 at 5:19pm
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Powa23's picture

Hmm seems like I'm the only

Powa23
     
 
(Orangutan, 291
 
Points)
 on 12/8/12 at 12:52am
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In reply to Powa23
Otter.'s picture

Powa23: Hmm seems like I'm

Otter.
      CD
 
 
(Gorilla, 561
 
Points)
 on 12/10/12 at 11:46am

Hi, Eric Stratton, rush chairman, damn glad to meet you.

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In reply to Powa23
above_and_beyond's picture

Powa23: Hmm seems like I'm

above_and_beyond
      IB
 
 
(Senior Orangutan, 487
 
Points)
 on 12/10/12 at 1:53pm
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lolwtf's picture

Is all how you spend the

lolwtf
     
 
(Chimp, 7
 
Points)
 on 12/10/12 at 5:04pm
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GrandJury's picture

I'm still in college and I

GrandJury
      IB
 
(Baboon, 130
 
Points)
 on 12/11/12 at 8:26pm

The greatest risk you can take in life is not to risk it all.

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Tommy Too-toned's picture

^In my experience, college

Tommy Too-toned
     
 
(Gorilla, 509
 
Points)
 on 12/11/12 at 8:47pm
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In reply to above_and_beyond
Powa23's picture

above_and_beyond: Powa23: H

Powa23
     
 
(Orangutan, 291
 
Points)
 on 12/12/12 at 1:07am
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The Company authorizes you to view and download a single copy of the material on www.WallStreetOasis.com (the "Web Site") solely for your personal, noncommercial use. By using the Web Site you are giving the Company the sole right to use any and all content you generate or publish on the site for commercial, non-commercial or promotional purposes. This includes any and all forum posts, comments, blog posts or any other material you generate on the Web Site.

The contents of this Web Site, such as text, graphics, images, logos, button icons, software and other items (collectively, "Material"), are protected under both United States and foreign copyright, trademark and other laws. All Material is the property of the Company or its content suppliers or clients. The compilation (meaning the collection, arrangement and assembly) of all content on this Web Site is the exclusive property of the Company and protected by U.S. and international copyright laws. Unauthorized use of the Material may violate copyright, trademark, and other laws. You must retain all copyright, trademark, service-mark and other proprietary notices contained in the original Material on any copy you make of the Material. You may not sell or modify the Material or reproduce, display, publicly perform, distribute, or otherwise use the Material in any way for any public or commercial purpose. The use of the Material on any other web site or in a networked computer environment for any purpose is prohibited.

You shall not copy or adapt the HTML code that the Company creates to generate its pages. It is also protected by the Company?s copyright.

Acceptable Site Use.

General Rules: Users may not use the Web Site in order to transmit, distribute, store or destroy material (a) in violation of any applicable law or regulation, (b) in a manner that will infringe the copyright, trademark, trade secret or other intellectual property rights of others or violate the privacy, publicity or other personal rights of others, or (c) that is defamatory, obscene, threatening, abusive or hateful.

Web Site Security Rules. Users are prohibited from violating or attempting to violate the security of the Web Site, including, without limitation, (a) accessing data not intended for such user or logging into a server or account which the user is not authorized to access, (b) attempting to probe, scan or test the vulnerability of a system or network or to breach security or authentication measures without proper authorization, (c) attempting to interfere with service to any user, host or network, including, without limitation, via means of submitting a virus to the Web Site, overloading, "flooding", "spamming", "mailbombing" or "crashing", (d) sending unsolicited e-mail, including promotions and/or advertising of products or services, or (e) forging any TCP/IP packet header or any part of the header information in any e-mail. Violations of system or network security may result in civil or criminal liability. The Company will investigate occurrences which may involve such violations and may involve, and cooperate with, law enforcement authorities in prosecuting users who are involved in such violations.

Specific Prohibited Uses.

The Company specifically prohibits any use of the Web Site, and all users agree not to use the Web Site, for any of the following:

  • Posting any incomplete, false or inaccurate biographical information or information which is not your own accurate resume
  • Using any device, software or routine to interfere or attempt to interfere with the proper working of this Web Site or any activity being conducted on this site.
  • Taking any action which imposes an unreasonable or disproportionately large load on this Web Site?s infrastructure.
  • If you have a password allowing access to a non-public area of this Web Site, disclosing to or sharing your password with any third parties or using your password for any unauthorized purpose.
  • Notwithstanding anything to the contrary contained herein, using or attempting to use any engine, software, tool, agent or other device or mechanism (including without limitation browsers, spiders, robots, avatars or intelligent agents) to navigate or search this Web Site other than the search engine and search agents available from the Company on this Web Site and other than generally available third party web browsers (e.g., Netscape Navigator, Microsoft Explorer).
  • Attempting to decipher, decompile, disassemble or reverse engineer any of the software comprising or in any way making up a part of the Web Site.
  • Aggregating, copying or duplicating in any manner any of the materials or information available from the Web Site.
  • Framing of or linking to any of the materials or information available from the Web Site.

User Information.

When you register for the Web Site, you will be asked to provide the Company with certain information including, without limitation, a valid email address (your "Information"). In addition to the terms and conditions that may be set forth in any privacy policy on this Web Site, you understand and agree that the Company may disclose to third parties, on an anonymous basis, certain aggregate information contained in your registration application. The Company reserves the right to offer third party services and products to you based on the preferences that you identify in your registration and at any time thereafter; such offers may be made by the Company or by third parties. Please see the Company's Privacy Policy below for further details regarding your Information.

Registration and Password.

You are responsible for maintaining the confidentiality of your information and password. You shall be responsible for all uses of your registration, whether or not authorized by you. You agree to immediately notify the Company of any unauthorized use of your registration or password.

The Company's Liability.

As a condition to your use of this site, you release the Company (and our agents and employees) from claims, demands and damages (actual and consequential, direct and indirect) of every kind and nature, known and unknown, suspected and unsuspected, disclosed and undisclosed, arising out of or in any way connected with such disputes. If you are a California resident, you waive California Civil Code d1542, which says: "A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor."

We are under no legal obligation to, and generally do not, control the information provided by other users which is made available through the Web Site. By its very nature, other people?s information may be offensive, harmful or inaccurate, and in some cases will be mislabeled or deceptively labeled. We expect that you will use caution and common sense when using this Web Site.

The Material may contain inaccuracies or typographical errors. The Company makes no representations about the accuracy, reliability, completeness, or timeliness of the Web Site or the Material. The use of the Web Site and the Material is at your own risk. Changes are periodically made to the Web Site and may be made at any time.

You acknowledge and agree that you are solely responsible for the content and accuracy of any resume or material contained therein placed by you on the Web Site and you agree to let any users that are identified as recruiters (designated in the sole discretion of the Company) to have access to your resume.

The Company is not to be considered to be an employer with respect to your use of the Web Site and the Company shall not be responsible for any employment decisions, for whatever reason made, made by any entity posting jobs on the Web Site.

THE COMPANY DOES NOT WARRANT THAT THE WEB SITE WILL OPERATE ERROR-FREE OR THAT THE WEB SITE AND ITS SERVER ARE FREE OF COMPUTER VIRUSES OR OTHER HARMFUL MECHANISMS. IF YOUR USE OF THE WEB SITE OR THE MATERIAL RESULTS IN THE NEED FOR SERVICING OR REPLACING EQUIPMENT OR DATA, THE COMPANY IS NOT RESPONSIBLE FOR THOSE COSTS.

THE WEB SITE AND MATERIAL ARE PROVIDED ON AN "AS IS" BASIS WITHOUT ANY WARRANTIES OF ANY KIND. THE COMPANY, TO THE FULLEST EXTENT PERMITTED BY LAW, DISCLAIMS ALL WARRANTIES, WHETHER EXPRESS OR IMPLIED, INCLUDING THE WARRANTY OF MERCHANTABILITY, FITNESS FOR PARTICULAR PURPOSE AND NON-INFRINGEMENT. THE COMPANY MAKES NO WARRANTIES ABOUT THE ACCURACY, RELIABILITY, COMPLETENESS, OR TIMELINESS OF THE MATERIAL, SERVICES, SOFTWARE, TEXT, GRAPHICS, AND LINKS.

Disclaimer of Consequential Damages.

IN NO EVENT SHALL THE COMPANY, ITS SUPPLIERS, OR ANY THIRD PARTIES MENTIONED ON THE WEB SITE BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, INCIDENTAL AND CONSEQUENTIAL DAMAGES, LOST PROFITS, OR DAMAGES RESULTING FROM LOST DATA OR BUSINESS INTERRUPTION) RESULTING FROM THE USE OR INABILITY TO USE THE WEB SITE AND THE MATERIAL, WHETHER BASED ON WARRANTY, CONTRACT, TORT, OR ANY OTHER LEGAL THEORY, AND WHETHER OR NOT THE COMPANY IS ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

Links to Other Sites.

The Web Site may contain links to third party web sites. These links are provided solely as a convenience to you and not as an endorsement by the Company of the contents on such third-party Web sites. The Company is not responsible for the content of linked third-party sites and does not make any representations regarding the content or accuracy of materials on such third party Web sites. If you decide to access linked third party Web sites, you do so at your own risk.

No Resale or Unauthorized Commercial Use.

You agree not to resell or assign your rights or obligations under these Term of Use. You also agree not to make any unauthorized commercial use of the Web Site.

Limitation of Liability.

The aggregate liability for the Company to you for all claims arising from the use of the Materials is limited to $1.

Termination.

The Company reserves the right, at its sole discretion, to pursue all of its legal remedies, including but not limited to immediate termination of your registration with or ability to access the Web Site and/or any other service provided to you by the Company, upon any breach by you of these Terms and Conditions or if the Company is unable to verify or authenticate any information you submit to the Web Site registration with or ability to access the Web Site.

Indemnity.

You agree to defend, indemnify, and hold harmless the Company, its officers, directors, employees and agents, from and against any claims, actions or demands, including without limitation reasonable legal and accounting fees, alleging or resulting from your use of the Material or your breach of the terms of these Terms and Conditions. The Company shall provide notice to you promptly of any such claim, suit, or proceeding and shall assist you, at your expense, in defending any such claim, suit or proceeding.

General.

The Company makes no claims that the Materials may be lawfully viewed or downloaded outside of the United States. Access to the Materials may not be legal by certain persons or in certain countries. If you access the Web Site from outside of the United States, you do so at your own risk and are responsible for compliance with the laws of your jurisdiction. These Terms and conditions are governed by the internal substantive laws of the State of New York, without respect to its conflict of laws principles. Jurisdiction for any claims arising under this agreement shall lie exclusively with the state or federal courts within New York, New York. If any provision of these Terms and Conditions are found to be invalid by any court having competent jurisdiction, the invalidity of such provision shall not affect the validity of the remaining provisions of these Terms and Conditions, which shall remain in full force and effect. No waiver of any term of these Terms and Conditions shall be deemed a further or continuing waiver of such term or any other term. Except as expressly provided in additional terms of use for areas of the Web Site a particular "Legal Notice," or Software License or Material on particular Web pages, these Terms and Conditions constitute the entire agreement between you and the Company with respect to the use of Web Site. No changes to these Terms and Conditions shall be made except by a revised posting on this page.

PRIVACY POLICY

The Company recognizes that you are concerned about privacy. We are committed to preserving your privacy and safeguarding your sensitive information. The following statement describes the general information-gathering and usage practices of our sites.

Our staff, contractors, Internet service providers and others involved in this site follow this policy or similarly strict policies regarding your Information.

Disclosure

The Company is committed to fully disclosing our policies regarding the collection, use, maintenance, disclosure and security of personal information obtained from users of our site. The term "personal information" includes a name, address, email address, or any other information which could be used to contact you directly or to identify you personally.

Use and Disclosure Limitations

The Company only uses personal information about its Web site users for specific purposes. We do not share user information with third parties except when we have told users about the disclosures, when we have prior consent, or when required by law.

Use Policy: When the Company gathers personal information from users, we ask for permission first. We also disclose, at the time of collection, how the information will be used by us. Personal information is used for activities such as auto-completion of commonly-used forms and helping us contact you when you solicit information from us.

Disclosure Policy: We do not normally disclose personal information to anyone outside of the Company unless we have previously informed users about the disclosures. However, some data may be used from time to time by outside contractors, including auditors or consultants, to assist us in carrying out necessary financial or operational activities. These uses will be consistent with this privacy policy and all contractors using this potential personal information must agree to safeguard it, to use it only for the authorized purpose, and to return it or destroy it upon completion of the activity.

The Company might be required to disclose personal information in response to a valid legal process such as a subpoena, search warrant or court order.

Although unlikely, it is possible that we may have to make certain disclosures to ensure the security of our Web site, to protect its integrity, or to take precautions against potential liability. In any of these situations, we will take any reasonable steps to limit the scope of the data disclosed.

Web Logs: The Company maintains standard Web logs that record basic information about visitors to our Web site. These logs contain: * The Internet domain from which you came to our Web site. * Your IP address. An IP address is a series of numbers which uniquely identifies your connection to the Internet. Although it is possible in some instances, certain types of IP addresses may be used by interested persons to identify users but we do not attempt to identify users in this way. * The type of browser (e.g., Internet Explorer or Netscape) and operating system (e.g., Windows 98) you use. * The date and time you visited the site, and the pages you saw.

We use Web log information to design our Web site, identify popular features, and in similar ways. We do not try to identify individuals from Web logs or to link Web logs to other user information. However, if someone tries to damage our Web site or use it in an unauthorized or illegal way, we may share Web log information with law enforcement agencies. The Company may provide aggregate information such as the number of users who visit particular pages of the site, or the number of people who link to certain external sites from our site, to other parties.

Changes to Privacy Policy

The Company's features and services will change over time and our information-gathering practices and policies may also change.

While our philosophy of protecting user information from inappropriate uses and disclosures will not change, this policy will be updated occasionally to include any change that materially affects the collection, maintenance, use, or disclosure of personal information.

Forum Topics

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    Do I start in London or Hong Kong?
  • One of my buddies in securities law showed this to me. Although reading SEC lawsuits is probably not your definition of time well spent, this one is worth a quick read. http://www.sec.gov/litigation/complaints/2013/comp-pr2013-102.pdf Begs the question, who in their right mind would make...
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Upcoming Events

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    Jun 20 2013 - 8:00am - Jun 22 2013 - 5:00pm
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<em>Mod note: make sure to see the great comment below by CompBanker</em> I come from a small town where nobody had ever heard of consulting or IB. I was fortunate enough to attend a top target college (a good Ivy) and land a gig in IB at a BB/EB. I'm starting full time this...
Finance Culture - Personalities
<strong>Background</strong> I randomly discovered WSO nearly seven years ago just weeks after I secured a FT MM IB position. The website was extremely nascent at the time with only a few thousand registered users. The majority of the users were college students with only a handful...
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<em>Mod note: <strong><a href="http://www.wallstreetoasis.com/faq/what-are-the-best-qa-threads-and-interviews-with-top-finance-professionals-on-wso ">Click here</a></strong> to see all of our q&a's and interviews</em><P> I figured I...
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After over one year in the making, the <strong><a href="http://www.wallstreetoasis.com/2013-wso-compensation-report-full">2013 WSO Compensation Report</a></strong> is here! Access to the FULL 108 page 2013 WSO Compensation Report is <strong>100%...
2013 WSO Compensation Report has Arrived
Where do i even start..I learned so much from this forum. The brutally honest opinions, sincere willingness to help, the technical information and random tips on everything has been absolutely crucial for me landing this offer. Coming from a non-target I didnt get that 3rd year SA position at...
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Fellow Primates, We are looking for 1-2 students on each campus to help WSO in its sales efforts to student clubs/career centers, and overall promotion at your school both online and on the ground. Below is a description of the position and benefits...thanks in advance for your help! <a...
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<img src="//img.pandawhale.com/48721-Sexually-Oblivious-Female-Meme-Ze2w.png" alt="Sexually Oblivious Female Meme - Favorite Position? I would like to be a CEO.">
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Why would you NOT go to the 2013 WSO Conference?
N/A - Already bought my ticket, see you there!
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32%
Waiting until last minute to make a decision
5%
Feel that it's not relevant for me
11%
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0%
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7%
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