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I used to work with a guy that had everything on the surface, but absolutely nothing inside. The guy was 6 feet tall, good-looking, charismatic, multi-lingual, graduated from a top business school, and had made MD at a bulge bracket investment bank. Yet he couldn’t remember the last time he... How to Develop a Personality |
<em>Mod note (Andy): we vetted this user to confirm his identity/status and yes in fact he is who he says he is, and is eager to answer your questions :)</em>
Bio: I decided to join WSO to help both students and young professionals advance in their Finance careers, whether that be... I'm an MD and I run the Sales division: Ask Me Anything |
For better or for worse, there’s a very unique feeling when everything goes completely according to plan yet nobody seems to care or notice. Such is the case with our favorite company of the moment, Tesla Motors. For those unaware, TSLA has rocketed upwards since its Q1 earnings release,... A Perfect Storm |
You've just gotten that promotion and now you're in charge of a small team. Congratulations! And welcome to middle management. All the hard work and the knowledge you've developed about everything your firm does these past few years has been noticed. But, now you have a small... 7 Things I've Learned About Being A Manager |
Assuming that you have access to no financial products such as FactSet, Bloomberg, CapitalIQ, Thomson or otherwise, thought it would be helpful to give a step by step guide on how to ramp up on a new company from your home computer. Using FaceBook as an example. Lets go ahead and start with the... Basic Guide Ramping Up On A Company With Public Information (Part 1 of 3) |
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... WSO is Looking for Campus Reps For Summer/Fall 2013 (and beyond) |
<em>“You know, In The Flesh,”</em> a WSO monkey told me at a recent Happy Hour, <em>“that gentleman’s book is the real deal. I ordered that shit on Amazon as soon as I read your review. It’s so right, man. I want to be like that: keep my word, honor my commitments, be... Being A Gentleman, Revisited |
Inspired by comments from this: http://www.wallstreetoasis.com/forums/basic-guide-ramping-up-on-a-company-with-public-information-part-1-of-3
Lets just jump in.
<strong>Technology:</strong> In this space there are really two metrics that matter the most, sales growth and EPS... Beginners Guide to Valuation and Metrics By Sector |
<em>Mod Note: This is a syndication from Jared's Daily Dirtnap daily market newsletter. WSO readers qualify for a $100 discount...just email [email protected] and mention "WSO Monkey Discount" You can follow Jared on twitter at @dailydirtnap</em>
There I go... In Praise Of High Interest Rates |
<em>Mode note: Blast from the past - "Best of Eddie" - this one is originally from December 2010.</em>
Monty09 may have gotten the best plug yet for his <a href="http://energyrodeo.com/">Energy Rodeo</a> in Houston next month, and it came from none... New York vs. Houston |
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Need Integrity
Sounds like you made a decision already; the best thing is to live with it and leave after a year if you really hate it.
Word gets around so
Word gets around so fast...don't risk it.
reneg away....start
reneg away....start interviewing at other shops and then if you get a better offer, take it. no hesitation.
Couldn't agree more with
Couldn't agree more with Jimbo. They wouldn't think twice about rescinding offers so don't feel bad looking around. If anything if you stick with the current firm, you'll know you're there for the right reasons and not for a lack of other opportunities.
nystateofmind + Jimbo: Are
nystateofmind + Jimbo:
Are you guys sure about that? You never know who has a lot of power, could just be a lowly VP. Some people are infuriated by reneging. Wouldn't you be worried about some self-righteous banker making phone calls and blackballing your career?
"Are you guys sure about
"Are you guys sure about that? You never know who has a lot of power, could just be a lowly VP. Some people are infuriated by reneging. Wouldn't you be worried about some self-righteous banker making phone calls and blackballing your career?"
No. How would they even know where you went anyway? You don't need to tell them.
I'd be worried about them throwing me out on the street with no recourse.
Welcome to the world of at-will employment.
Be very wary
HR people talk to eachother, most of them have worked together at some point in the past. And believe the fact that everyone at that bank will be talking about the "little douche" (or some other choice set of words) who reneged on his offer. They will tell their friends at other banks, at all levels. And before you think to ask, yes at any bank one person with strong feelings about you negatively is enough to get you blackballed (barring your dad being the CEO or some such).
Plus, if you liked the joint why would you risk it in this job market.
--There are stupid questions, so think first.
Financial Modeling Training
Banking Resume
A little clarity... my offer
A little clarity... my offer was for another summer. I interned as a freshman. Is a summer intern really important enough to be blackballed?
so this is going to be
so this is going to be sophomore year into junior year summer?
stick with the offer. how'd you swing a summer internship as a frosh anyway?
Ohhhh
Yeah, I'd keep it anyway just cuz it'll save you alot of time and give you some brand loyalty cred on your resume. However, no they won't care that much over a lost summer. They will care, and they will talk because you accepted and then would be rejecting, but not nearly as much as if this were even a junior internship let alone FT.
--There are stupid questions, so think first.
Financial Modeling Training
Banking Resume
No one will care about an SA
No one will care about an SA leaving, but why not stay it is only for the summer. If you want to test the waters elsewhere do it, but be weary if you change another summer you might not get an offer for FT.
Also, if anyone is worried abotu renegging on a FT offer do not worry. We had one do that last year at ML and no one paid it mind. He left us and went to Evercore for some mundane reason, but that is what he wanted. No one is going to blackball an analyst, associate, vp, or md. Unless you walk in rip the K in their face and spit at them, you're safe.
Don't do it unless you
Don't do it unless you definitley know you can get a job somewhere else. The market is not good right now
Yeah, speaking from
Yeah, speaking from experience at an uber-target (watching friends do it, that is, since I'm all set) FT recruiting this year is in the dumper. Take past years' odds and cut them in half. Couple banks bringing back all of 5 ppl for 2nd rounds to fill maybe 1 or 2 slots at most (don't know if the jobs even exist of if they're just for show), many other banks filling only a very small handful of openings. Consulting sounds like it's going alright, IBD is a bitch to break into. Lot of very qualified people crapping themselves as they reach the end of the recruiting season with nothing to show for it.
Don't think about getting a
Don't think about getting a FT BB job. My friend's sister who is like amazing, did an S&T and a IBD internship is getting shut out of everything
I'm not exactly sure what's going on with consulting. Boutiques are good to look at too