Title# of commentsWSO Score*
What investment banking is in simple words and my story <em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 4/9/13</em> There are a couple different paths that you can take as a finance major: <ol> <li>Commercial Banking </li> <li><span class='keyword_link'><a...12952.29
F*&King AnalystsSo, apparently I haven't been on this site in while, and it'd be a shame to make a return to just complain, but I've emptied the beers from the minibar and it's still way too early to sleep, my body now evading anything approaching a circadian rhythm. Instead of sleeping,...12246.22
Learn from My Mistakes<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 1/19/13</em> I've always loved this site because even when I was but a wee little lurker in college I could always come on here and hear about all the little details that finance professionals...8641.86
How to Treat the New Blood: 3 Rules to Follow<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 2/7/13 </em> Now, most of the posters on WSO aren’t managing anyone yet or even have anyone below them on the totem pole for at least a few years, but those that will (or have) may benefit from this...2124.21
New To Formal Fashion? Start Here. PT1I spend a bit of time in this part of the forum and consistently and constantly find repeated questions from individuals coming out of college and starting their career regarding suits, shirts, ties, shoes, etc. My goal is to attempt to address every aspect and component you need to know about...5922.59
Investment Banking 2014: 6 Things To Know For MBAs<em>Mod Note (Andy): #TBT Throwback Thursday - this post originally went up on 9/22/14.</em> <em>This comment was originally posted in <a href="http://www.wallstreetoasis.com/forums/the-decline-of-mba-ocr#comment-1180319">The decline of MBA...2620.26
The Work Always Gets Done<em>Mod Note (Andy): Make sure to read the comment below from @xqtrack" in response to the OP (36 silver bananas): [quote]This is the kind of <span class='keyword_link'><a...9119.91
How to negotiate for more money during the interview process<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 9/22/12</em> So, this question keeps coming up, "if I negotiate with a prospective employer, will I piss them off or ruin my chances?"  I wanted to share the perspective of the person hiring...7518.75
Eight Habits of Top Bucket IBD SummersWhen I was starting out in finance a while back, WSO was an amazing resource and really helped me so I thought I'd give back. This is my first real post on WSO and I don't think I've seen one of these posts recently so I thought I'd put it up. With the start of the summer,...1618.16
Lateraling GuideI recently lateraled from a “no-name” boutique to a top MM and wanted to share some of the knowledge that I gathered and wished people had told me when I went through the process. I also have several friends who also went through this process. Hopefully this will help someone. My...5216.52
3 Myths About Excellence That I Used to BelieveThis week, I want to share with you one of the sources that inspired my quest to deconstruct excellence. It was a fascinating (but very long) report in <i>Sociological Theory</i> that made me realize that the three things I thought I knew about what makes great people who they are...2016.20
Demystifying GSO Capital (Blackstone)I’ve been searching info about these guys for a while now. There are few threads on WSO with some insight, but still pretty limited; best source currently is their website. I came across some good 2015 overview <strong>(focus on Europe)</strong> recently that I wanted to share...1915.19
MSF Question and AnswerI get a ton of emails and answer a ton of posts asking similar questions so I thought I would answer the most common ones I get here and allow others to post their questions so everyone can see them and the subsequent answers. Hope this helps. <h3>Summer Analyst...20415.04
Endowments & Foundations Part 1: A Basic Overview <h3>Endowments & Foundations Part 1: A Basic Overview</h3> I think the most useful threads I’ve read on this site were threads from people like @BlackHat" who explained a specific industry in finance and what they do. They always helped while I was in undergrad and was...3213.32
The Power of HabitWritten by Pulitzer prize-winning reporter Charles Duhigg, 2012 New York Times bestseller <em>The Power of Habit</em> boasts a ubiquity on recommended book lists that few works from the past few years can match. Because some books age like wine, and some like milk, I usually let...1313.13
WSO 10 Year Anniversary: THANK YOU (10% Off Site Wide for Month of July)As we approach our 10 Year anniversary, I'd like to thank the thousands of members that have made WSO an incredible resource to millions of readers. The last 10 years have been an amazing ride and I can't wait to tackle the next 10! As part of our celebration, we thought a 10% site...1911.19
AMA: CS/Finance Major -> Software EngineerHey all, Recent graduate here trying to kill time before work starts. I've seen a number of recent posts about people in finance getting burnt out and considering picking up the skillset to become software engineers. I'd be happy to answer any questions about this trade-off, or...409.40
Demystifying BAAM (Blackstone)As requested by @MBAGrad2015" in <a href="http://www.wallstreetoasis.com/blog/demystifying-gso-capital-blackstone">my previous post (about GSO)</a> and several other users who pm-ed me about BAAM, I decided to start another "demystifying" thread - the...89.08
Why Investors FailAlmost every investing study tells us that buying stocks at a low price to anything results in market beating performance. Even just buying a S&P <span class='keyword_link'><a...168.16
Remembering Jimmy LeeJimmy Lee passed away this morning. For those of you who aren't familiar, he was a stalwart of the Street and embodied the character traits that all bankers should try to emulate. Decided to write this post because of the amount of sadistic pleasure in his death that I've seen in...68.06
Notes from a Girl in Consulting (and Finance)I've had a great and interesting journey so far, and to be honest, I'm not sure what I want to do finally - we'll see how it goes. I'm impatient, not detail-oriented, fun loving, not serious - none of the characteristics generally valued in banking or consulting. Yet I...147.14
Helping Others GrowCompetition is generally thought of as a good thing but too much of a good thing isn’t good for too long. I was brought up in the kind of intense academic environment where competition gives way to rivalry, sabotage and one-upmanship. Many of you may be part of a similar environment right now....107.10
INTRODUCING: The WSO Applicant Database. Take 5 minutes on WSO to Reach Hundreds of Finance Recruiters and Finance CompaniesGiven that we have built up relationships with hundreds of companies and finance recruiters, we thought instead of just a simple job board (which you can find <a href="http://www.wallstreetoasis.com/finance-jobs">right here</a>), we would also create a WSO Applicant...796.79
7 Tips on Reneging So you were a summer intern at Company A and got a return offer for FT after you graduate. Congratulations! Except now that you’re half way through the fall semester you are starting to have doubts on whether you should have accepted that offer. Or maybe you were approached by a recruiter from...126.12
How I Limit Anxiety, Stress, and RegretA few weeks ago I wrote a post for WSO that received a lot of traffic and comments: <a href="http://www.wallstreetoasis.com/blog/why-i-quit-my-job-aka-regrets-of-the-working">Why I Quit My Job (a.k.a. "Regrets of the Working")</a>. I talked about how the...96.09
Reuters IBD Global Review 2015Sup monkeys, here is super detailed analysis of market share, fee share, broken down by division and by industry group and across regions. Should basically answer 90% of questions that get posted on this forum over and over again. (which group is best in x, rank xyz for me etc etc). And all...86.08
Billion-dollar Tech Babies: A Blessing of Unicorns or a Parcel of Hogs?A unicorn is a <a href="http://en.wikipedia.org/wiki/Unicorn">magical beast</a>, a horse-like, horned creature that is so rare, that even in mythology, you almost never run into a blessing of unicorns (which, I have learned is what a group of unicorns is called). It was...76.07
I Didn't Think It Could Get Any Worse I was just shown a LinkedIn profile of a kid working as an Analyst who had a list of the offers he'd received through recruiting on his LinkedIn. Jesus Christ children! See picture attached to post. 485.48
A girl on tumblr wrote a guide on targetting different types of bankers for money....I follow the investment banking and economics tag on tumblr for study notes and stumbled upon this post. I thought it I'd post it on here for reference for people of all levels. I can't post links but if you search said tags those on tumblr the post is still up and it led me to a whole...1175.17
21 Short Videos Worth More Than an MBAI just saw this posted from Inc Magazine. These are definitely worth watching. Enjoy! (link inside post) <!--break--> <a href="http://www.inc.com/geoffrey-james/21-short-videos-worth-more-than-an-mba.html">21 Short Videos Worth More Than an MBA</a>85.08
The Floor<em>Mod Note (Andy): WSO readers qualify for a $100 discount to Jared's Daily Dirtnap daily market newsletter...just email [email protected] and mention "WSO Monkey Discount" You can follow Jared on twitter at @dailydirtnap</em> As you guys probably know by now,...65.06
Conversation with an Equities Sales TraderUpdate: I was speaking to a guy in Australia on the cash equities desk at a BB. Just edited the post for the US/global audience, cut out slangs about kangaroos and shit. Hey guys, I think it's about time to post something since I have been a member for couple years now. The following is...65.06
"A Son Never Dies" by Sunil Gupta - Moving Letter from a Father of an Ibanking Analyst<em>Mod Note (Andy): Make sure to see the comment below by user @DickFuld"</em> <P> This letter was cited in the DealBook here: http://www.nytimes.com/2015/06/02/business/dealbook/reflections-on-stress-and-long-hours-on-wall-street.html?ref=dealbook - Unfortunately the...544.54
Ask Natalie from Accepted about Business School AdmissionsI'm here to answer any questions you have regarding Business School Admissions. I am a former Admissions Dean and Director and currently a consultant with Accepted. While at Accepted, I've helped clients gain admission to top BBA,MBA, MFE, MF, MCF and PhD programs over the last 7...484.48
How I use books to prevent burnout (plus my top 5 from the past year)<em>Mod Note (Andy): Alistair also has a webinar coming up with us on 7/13 at 7pm, see the event page <a href="http://www.wallstreetoasis.com/event/webinar-signs-youre-getting-burned-out-and-what-to-do-about-it-7pm-et-71315">here.</a></em> I am obsessed with...344.34
Thoughts on Goldman vs Lending ClubThe NY Times <a href="http://www.nytimes.com/2015/06/16/business/dealbook/goldman-to-move-into-online-consumer-lending.html?_r=0">had a report</a> last week that <span class='keyword_link'><a...84.08
Long term, concentrated, deep fundamental investingI often hear this combination of terms bandied about. Is there anyone at a shop who has a mandate like this? What is your process/edge? Are there any classic books you'd recommend as a practitioner of this style of investing?413.41
BIG NEWS: 2014 WSO Compensation Report is OUT!Dear WSO Community, I'm pleased to announce the release of the <strong><a href="http://www.wallstreetoasis.com/wso-annual-compensation-reports">2014 WSO Compensation Report</a></strong>! We had another great year with even MORE entries than last year...383.38
Meredith Whitney shuts down hedge fund because...well...she blew itThis is what happens when you think you're smarter than everybody because you were right once (see: Citigroup stock price, 2007-2009). from WSJ:[quote]Meredith Whitney shut her fledgling hedge fund, a setback for the ex-banking analyst who became one of Wall Street’s highest-profile...293.29
AMA: Restructuring Analyst at Top BBHi all, happy to answer London-specific questions on recruiting. Long-time WSO user, created a new account for this AMA. I got a lot of help from this forum during my recruiting process and I owe a lot to WSO. Wanted to try and give back by offering some insight into recruiting, exit opps and...273.27
Procrastination [insert better title later]<em>Never put off until tomorrow what you can do the day after tomorrow.</em> -Mark Twain We have all had troubles resulting from the delay of work, but does that necessarily mean our troubles were borne out of procrastination? Looking at a recent article out of <a...123.12
WSO NYC Happy Hour: Tuesday, June 23rd, 7PM, Galway HookerThe next NYC meetup is coming up Tuesday, June 23rd, first WSO meetup of the summer! We'll be in the ground floor lounge, in the back on the right (just before the billiards room). Bring your thirst, especially you, @rufiolove" ! Location: Galway...83.08
The Saga of CaesarsCame across this article and thought it was an interesting read. [quote]There have been so many truly extraordinary twists and turns in the saga of Caesars Entertainment over the past eight years that it’s hard to pinpoint exactly when the whole thing went off the rails. After all, an $18.4...63.06
GS vs MS Hunger Games - Who Takes It?Came across this interesting article on Bloomberg yesterday (link inside post), it has some interesting insights into leadership of both organizations and strategy. <strong>What do you guys think, who takes it in the a) mid-term, b) long-term (given their differing...23.02
GS Analyst dies<em>Mod Note (Andy): Make sure to read the letter <a href="http://www.wallstreetoasis.com/forums/a-son-never-dies-by-sunil-gupta-moving-letter-from-a-father-of-an-ibanking-analyst">"A Son Never Dies"</a> written by Sarvshreshth's father Sunil...672.67
Wall Street Oasis SEO Interns Needed NOWWall Street Oasis is looking for several hard working individuals to join our intern team to help with online-marketing tasks, specifically Search Engine Optimization (SEO) and link-building. <strong><a...502.50
How do you guys deal with negative press about finance?Finance-hate is so common, that almost anything related to the ills of the finance industry passes as news these days, whether or not it makes any sense whatsoever. People are very influenced by the stories they hear. People seem to assume that my peers are Patrick Bateman, Leonardo di Caprio,...442.44
Financial & Valuation Modeling Boot-Camp<strong><span class='keyword_link'><a href="https://gv142.isrefer.com/go/wso35/wsoasis/">Financial modeling</a></span></strong> is a skill that any investment banking analyst will have to master. Although the majority of <span...402.40
Be a Wall Street Oasis Contributing Blogger<strong>Project description: Finance / Wall Street / Business Blogger</strong> We are looking for several talented writers (professionals in the finance industry preferred) to blog for WallStreetOasis. There is a list of suggested topics you can choose from but if there is an area...342.34
Relationship Question: Not the usual oneSo, as someone who used to be on the answering side of this, I was hoping for various viewpoints on what I should do. I'm going to dismiss the money before hoes answers straight off the bat. If you have that opinion, express it in more words and make your case. My situation is as...322.32
WSO Hedge Fund Interview Prep Package in the Works!<strong>***NOTE: I am willing to pay cash AND give you a free copy of the package if one of your cases or pitches ends up in the actual guide.***</strong> Please send me an e-mail ([email protected]) explaining the case or pitch (long vs. short or type of case study) and...192.19
Barclays Power & Utilities: Welcome to the JungleWow <h4>The Ten Commandments for Wall Street Interns</h4> [quote]Incoming Intern Class of 2015, Welcome to Power! I am sure you are all busy at training, but in the interest of helping your transition into the summer, and hopefully helping some of you secure Full-Time offers,...1182.18
HSW MBA w/ Banking&PE Experience Considering Banking AgainHey guys, I've been following this site for the past 9 years while I was still looking for <span class='keyword_link'><a href="http://www.wallstreetoasis.com/guide/wso-internship-guide">summer analyst</a></span> positions in college; never thought...182.18
Private Equity Interview Prep Pack Version 2.0 is Out!Ready to tackle the toughest <span class='keyword_link'><a href="http://www.wallstreetoasis.com/guide/the-wso-private-equity-interview-prep-package">private equity interview</a></span> questions? Recruiting season is right around the corner and just...182.18
Cheapest and time efficient way to eat healthy in New York?Hey Guys, I'm a SA that just arrived in New York and I'm pretty much broke. I train 3-4 times a week and try to stay in shape. That being said, what is the cheapest way I can eat healthy in a time efficient manner. I don't mind eating the same thing every day for three months....162.16
"Message Recall Failure"I had just gleefully sent off the fruit of my long labour, as approved by my VP, to a client duly cc'ing the MD when, seconds later, the MD buzzes the intercom asking to see me briefly. Fully expecting a pat on the back and perhaps some scotch and a cigar. He proceeds to hand me a heavily...152.15
Can Apple Music Overtake Spotify?Prior to Apple’s WWDC conference on June 8th, many sources predicted the event would cover more than just software refreshes. Apple did not disappoint, releasing Apple Music. Apple Music combines music streaming, live radio, and a social network for musicians into one bundle. It will directly...142.14
You guys are so lameThere's so much bad information on this website. Don't take a sick day. Don't wear a suit that isn't exactly one of these colors. Focus on talking to MDs. Banking is life. <span class='keyword_link'><a...142.14
How to build HF track record that is worth anything?Hi, if I want to run my own shop one day but wanted to establish a track record to show investors, what would the best way to get about that be? Currently a CEO in the biotechnology field but I'm absolutely fascinated by equities. My goal is to build a reputable track record. What steps...102.10
Learning curve as a PE associateI have heard that in banking, the learning curve is shaped as follows: you learn everything in your first 9 months as an analyst then afterwards you don't learn all that much new until you're a VP. In other words, the learning curve between month 0-9 is steep then month 10-48 is flat...82.08
Cash, Debt and PE Ratios: Cash is an upper and debt is a downer!<a href="http://www.wallstreetoasis.com/blog/the-value-and-pricing-of-cash-why-low-interest-rates-large-cash-balances-skew-pe-ratios">In my last post,</a> I looked at the leavening effect that large cash balances have on PE ratios, especially in a low-interest rate...12.01
PE Fund Performance: Anyone Can Hit Top Quartile Once, but Consistently?To the community that works in PE (or VC, <span class='keyword_link'><a href="http://www.wallstreetoasis.com/finance-dictionary/what-is-a-hedge-fund-HF" rel="nofollow">HF</a></span>, etc.) I'm interested in hearing your perspective on...12.01
Top 20 Best Interview Tips/Responses (very srs post)Credits to an unknown author (found this stuff on a random FB page). Edit: looks like it's from www.thepoke.co.uk <strong>Enjoy.</strong> <!--break--> <h3>1. Intro</h3> <img src="http://i62.tinypic.com/2q04tcg.jpg"> <h3>2....12.01
New (ish) User IntroductionHi, I've been reading some articles in the past few months on WSO but never really set up my profile completely mainly because I had been studying for the <span class='keyword_link'><a href="http://www.wallstreetoasis.com/cfa-training-free-trial-learn-signal"...02.00
Are MBAs becoming less important?Interesting blog post from Fortune, which talks about how prominent PE firms such as GTCR are no longer requiring their associates to attend business school. Rather, promising associates are being promoted from within. A similar trend is happening at MBB consulting firms, which used to kick...481.48
Five Reasons Why a Rate Hike is GoodThe speculations of when a rate hike will occur has dominated market headlines with the ending of the Fed’s Quantitative Easing program in October. A volatile first quarter for the markets presented a foreshadowing for what many believe will be bearish market with the imminent raising of...321.32
Anyone know of any good biographies?Finance is good, anything else would be welcome as well. Looking to explore readings beyond investing. Thanks in advance301.30
Which should have the highest IRR: Office Building, Multifamily apartments, or retail shopping center? Why?I've gotten this one in a few interviews and because of my limited real estate experience I think I have been getting it off. Last time I said highest would be shopping center (22%-25% <span class='keyword_link'><a...251.25
Anyone familiar with the nightclub business?My organization is about to have a retail vacancy at an absolutely SICK location in Northern Virginia and we're kicking around the idea of recruiting a nightclub to the location. This is kind of an open-ended discussion, but what are the thoughts? Anyone familiar with the business? Any...241.24
Fundrise: Raising Real Estate Capital Online - Thoughts?I've known the crowdfunding firm Fundrise for a while now, but never really looked into it: https://fundrise.com/ Basically you go to their website, select a deal you like, and invest cash ($5,000 minimum), without physically meeting the sponsor/operator/developer. It's like buying...221.22
Acquisition Guidance At my shop we have slowed the pace of our acquisitions to a bare minimum and our only acquisition targets are heavy value add/opportunistic . We are now almost exclusively focusing on new development opportunities in the multifamily space. The few guys who are still working on acquisitions...211.21
How to find a property's intrinsic cap rate?I am at an otherwise traditional PE/<span class='keyword_link'><a href="http://www.wallstreetoasis.com/finance-dictionary/what-is-a-hedge-fund-HF" rel="nofollow">HF</a></span> firm that is pretty much doing its first RE deal...so we are all...171.17
How do you balance where you want to live / offers you get?FT recruiting is on my mind more and more often nowadays. I've come up with the current dilemma... Say you have an offer for a strong MM IB in its regional HQ. Think Milwaukee, Minneapolis, St. Petersburg, Memphis. This offer would be better than another offer that is either a...151.15
Fashion ----> Finance (Yep I know)Let me make this short and simple. Background: I went to one of fashion school ivy leagues (FIT) and finished undergrad with a degree in Fashion Merchandising. I wanted to be a planner. Fashion Merchandising: Business degree with a focus on consumer retail Planner: ...131.13
Associate to VPI would like to hear about people's experiences of moving from an associate to a VP level on the investment side of RE, and any advice they could share on how they did this. I'm sure the common message would be networking, but what other recommendations would you make? It seems like...131.13
Learning some basic coding on your own?I have been quite interested in learning some coding on my own, specifically thinking about VBA to further enhance my excel skills. Although I do not necessarily need to know programming in my job, I thought knowing VBA might give me more ideas as to how certain processes can be improved. Also,...131.13
Best TMT Groups in LA, NY, and SFWhat are considered to be the best <span class='keyword_link'><a href="http://www.wallstreetoasis.com/finance-dictionary/what-is-technology-media-telecommunications-TMT">TMT</a></span> groups in LA, NY, and SF individually; please provide both <span...121.12
AMA: AC/BA level consultant at a boutique I'm one year out of my masters and wanted to give back. Ask me anything from recruiting to the actual work. As a bit of background I did a masters in management and got hired through OCR. I was hired by a boutique and I've been working there ever since.121.12
Shot at WF Financial Analyst Position, any help greatly appreciated.I have been lurking for months on end now trying to absorb any and all information, so thank you in advance for any of your help. Background: 22, graduated last year with a degree in Economics with a minor in Accounting from a non-target UC. Only real financial/real estate experience has been...121.12
Off-Market DealsMaybe it's just me, but over the past 12-18 months I seem to be receiving more and more in the way of off-market deals via email, and many of these are coming from independent "brokers" (i.e. people with Yahoo and AOL email address who work from home, etc). In most cases, these...111.11
Creating a deal board...Just as a quick market test - would anyone here be interested in / benefit from / participate in a type of deal board for each other? I think its safe to say that we all aspire to become top producers and would only benefit from bringing in more production into our shops. Not sure the exact...111.11
Career advice coming from TSI have been working in transaction services for a Big 4 firm for a few years now (senior level). I have reached the point where I am starting to think about long term career aspirations. Recruiters have sent me lots of positions to ponder including investment banking analyst roles, corporate...101.10
Business Insider advising summer interns to avoid HamptonsNoted without comment - here's the Dealbreaker take on this one (link inside post) [quote]<strong>Business Insider To Wall Street Interns: Stay The F*ck Out Of The Hamptons, Bro</strong> </i> For those with keen eyes, the streets of Manhattan are increasingly filled...101.10
Understanding basic concepts regarding public REITsI have spent bulk of career working for REPE funds and institutional advisors. Have never worked for a public or private <span class='keyword_link'><a...91.09
2nd PE Associate Gig Background - rounding out my 1st year of an associate gig at a MM PE firm (non-NYC), with a looming end in sight for my contract next summer. Not terribly interested in getting my MBA, but would like to stay in PE. I haven't brought up getting promoted with my current employer, as...91.09
MBA loansI'm pricing private loan options for business school in the fall. SoFi's MBA loan program is relatively new and most of the online reviews are for their consolidation services. Does anyone have experience dealing with the company? Would appreciate any feedback or recommendations for...81.08
Real struggle - Time to Quit?Hi everyone, want some advice here. I have not had much success in job hunting in the early years since graduating 3 years ago. Hence, i have been job hopping roughly every 12 months over the past 3 years, therefore i already have 3 different jobs in my short professional career. Although I...81.08
Idiotic Compliance TrainingI'm forced to deal with this shit at the end of every quarter and it's just so frustrating. We have to take a series of online courses on the usual bullshit topics -- sanctioned countries, money laundering, etc. The worst part is there's a quiz at the end of each section and we...81.08
Goldman Sachs -> McKinsey -> Leveraging offer?Hey everyone! I am an active poster here and I have created a new account just to get some privacy (hopefully) and some much needed advice from my fellow experienced primates. I've read around WSO but haven't found the thing that I'm looking for so here goes: - I finished a...71.07
How do you sift through the news and find what's relevant?I often encounter the problem of opening up Marketwatch/FT/bloomberg and not knowing where to start and end up getting lost. Do any of you guys have any recommendations of what sites are organized, and how to sift through news pertaining to your interests/work? Personally when I look at how...61.06
ANNOUNCEMENT: New Partnership with Learn Signal (CFA training) We're very happy to announce a new partnership for <span class='keyword_link'><a href="https://www.e-junkie.com/ecom/gb.php?ii=1145861&c=cart&aff=44880&ejc=2&cl=175031" target="_blank">CFA</a></span> training company...61.06
What Accounting Software Does Your Fund Use?Our back-office is currently looking to change over to new accounting software but I really dislike the program they picked out. Just looking to get some feedback on what other accounting software is out there for funds? What does your your fund use to generate monthly reports, <span...61.06
complete revenue & cost model On the modelling part, could someone be so kind to post or PM the parte of a model that builds up in detail the revenue and cost lines in the income statement (just that part, i am not looking for a 3 state model plus valuation) ? The fact is that sometimes i have a wealth of data and...61.06
Does O&G Industry Experience Matter for I-Banking?I am currently working for a major F500 O&G equipment and services company about to transition out of our rotational program focused on Supply Chain/Operations into a "permanent" position. My next role will be working as a Business Development Analyst sourcing for M&A...51.05
Investment Banking HeadhuntersWhat would you guys say are the best headhunters to use for IB laterals? I found a few topics on this but they are all outdated and generally do not have great responses. My buddy is looking to lateral from a European city (he is in sort of a hybrid <span...51.05
LBO Model: Entry Multiple Method - IRR goes UP with time?Hey guys, I have a modelling question, which is probably pretty basic but please excuse me. I've built LBOs where we've looked at taking a public company private: start with share price, imply a share price with offer premium * NOSH = <span...41.04
Finance at Kellogg?Hey guys, its app time for Round 1 of MBA programs. I've heard Kellogg is a marketing school and I'm looking to career switch into <span class='keyword_link'><a href="http://www.wallstreetoasis.com/finance-dictionary/what-is-asset-management-AM">Asset...41.04
Veteran looking for adviceHey everyone, my name is Chris and I'm a 6 year Navy veteran (submarine nuclear power) seeking to get into IB. I'm a student at the University of Alabama. I'm majoring in MIS and Finance and I have 6 semesters left until graduation. I currently have a 3.5 <span...31.03
Asset Management to IBHello all, I've had two <span class='keyword_link'><a href="http://www.wallstreetoasis.com/forums/searching-for-a-summer-internship">internships</a></span> at top Asset Managers (think <span class='keyword_link'><a...31.03
Nuances between Hedgefund, Asset Mgmt, Investment MgmtHi all, I have done some searching on WSO and google to try to find details about the differences. I am heading to business school (applying now, matriculating fall 2016) and am trying to research my true post-mba goals. I read that Investment Mgmt and Asset Mgmt seem to be...21.02
Just finished my freshman year at Amherst, looking for resume adviceHi Guys! I just finished freshman year and sadly, I don't have a formal internship this summer. I am going to work a retail job and may also intern in the finance department of a tech company, so nothing really related to investment banking. Can you guys help me improve my resume so I...21.02
Operating Leases and Capital BudgetingI've been trying to update our capital budgeting process to remove operating leases from the forecast and handle them separately as a finance decision. What I'm struggling with is the proper calculation of <span class='keyword_link'><a...21.02
CFA: Worth the effort?Hello everyone, I am a 25 years old finance graduate that recently sold part of his business. My main source of income are capital gains generated with the money received from the sale of the company. Unfortunately at this time I am unable to take a full time job in the finance world, as...21.02
Entrepreneurship at Harvard Business SchoolCurrent HBS student here. Wrote a post about some of the things I learned from going through Harvard's new FIELD 3 class: http://www.cleverlayover.com/blog/?p=1221.02
What happened in the stock/bond markets last week (6/22-6/26)?<b>Stock Market Analysis </b> The Dow fell 0.38% last week. We also saw similar losses in smaller cap stocks. Overall we had more stocks fall than rise but we still had more new highs than new lows. Six out of 9 sectors fell, with Utility and Basic Material stocks doing the worst....21.02
For those of you who need some motivationCame across this Chrome extension on Product Hunt. For those of you who need on-demand motivation. Enjoy :) https://chrome.google.com/webstore/detail/do-it/eppncnmppghbndacgkideegigaminkfg?ref=producthunt11.01
Economic Political CommentaryHey guys! I just started a wordpress as an outlet for my love of economics and politics, completely new to blogging, but I write as I think so it may be witty. As economically-oriented people, I was wondering if I could get some feedback on how my first post looks!...11.01
Received shirt gift from WSO thanks !Hi i just received my gift shirt thanks a lot altough i think i got fatter these late months time for a "restructuring" hah11.01
Activist Investing: What is it and Why is There so Much Hype?Activist investing is on the rise, in both the media (Bill Ackman vs. Carl Icahn debate, highly entertaining: https://www.youtube.com/watch?v=hCZRk1lL90Q) and the stock market. For those unfamiliar with the concept, an activist investor’s goal is to obtain a seat on a public company’s board...11.01
Winland Electronics a case of hidden value laying in plain sight<div class='post-body entry-content' id='post-body-2160335735333951087'> It's not often that a value fund piles into a stock with a $5m market cap. &nbsp;Especially a fund with billions under management, but that's exactly what's happened with...11.01
Thomas Pink sale up to 40% offhttp://www.us.thomaspink.com/categories/sale/fcp-category/home01.00
Fund of Funds (FOF) return on investmentHi all, Recently looking at an opportunity at an Asian <span class='keyword_link'><a href="http://www.wallstreetoasis.com/finance-dictionary/what-is-a-fund-of-funds-FoF">FOF</a></span>. The fund size is still small at the moment, but total firm AUM...01.00
Thank You To Our SponsorsWe'd like to thank the Wall Street Oasis sponsors that help keep the community free for everyone and we encourage all of you to check them out below! <strong> <a href="http://www.clearadmit.com/">Clear Admit</a> - MBA Admissions...01.00
OECD: Credit is Bad for Your Economy<em>by Dr Constantin Gurdgiev, Adjunct Assistant Professor of Finance with Trinity College, Dublin</em> In many jurisdictions around the world, policymakers and economic analysts are keen on promoting the virtues of credit systems as drivers for growth. Even in more...01.00
Startup Banker Says HiHello WSO Monkeys, et al. I'm Rahma. Like many of you, I'm in my late twenties and completed stints at <span class='keyword_link'><a...01.00
Goldman Tells Summer Interns To Go Home Before Midnight<strong>Facts</strong> (applies to interns only): Interns are not allowed in the office between 12am - 7am</li> They're not allowed to work Saturday</li> They're not allowed to work from home during these hours </li> <strong>This brings up a...570.57
Bad Luck JustinHaving a bad day? How about losing two jobs within a span of a week because of a joke. Next time, consider what you are writing in your next e-mail... From Gawker: <h3>Barclays Banker Loses Two Jobs After Leak of Insane Intern Email</h3> [quote] The Barclays interns who...480.48
Recommend books for summer readingI won't be starting my job until early September so have plenty of time this summer. One thing I want to do is catch up on my reading. Looking for recommendations for books in the areas of investing, macroeconomics, finance, and politics. The first book I'm gonna tackle is...450.45
Why is Stern disliked so much, but Wharton praised?From all the research I've done, they really seem to be much more similar than they are different. Both very finance/wall street focused, recruited heavily, competitive, selective admissions. Other than the Ivy League tag, the financial aid (Penn definitely has better aid if you need it...300.30
Get Your Resume Reviewed by Industry ProsRecruiting season is here now...so make sure you're ready for it with a <strong><a href="http://www.wallstreetoasis.com/wso-finance-resume-review">Finance Resume and/or Cover Letter Review</a></strong> from one of our expert resume reviewers. Need it done...280.28
IB SA Receiving More Meaningful Work?It's 1 week into the IB SA internship, and I have been learning a lot and familiarizing myself with a day in the life of an investment banker. However, I notice that I haven't been given any substantial <span class='keyword_link'><a...230.23
UT MSF Review150.15
Those who worked in NYC finance before moving to other citiesThere seems to be some WSO posters who started their finance careers in NYC, did well, but chose to move to other cities. I'm very curious to hear from them about the pros/cons of being in NYC vs other cities from a strictly professional standpoint (don't want this to devolve into a...60.06
How screwed am I being in this position for investment banking internships?I am transferring to the Gabelli School of Business as a finance major at Fordham University this fall to start my junior year. I want to go into investment banking, but I have no internship experience. I am coming from San Diego State University as a finance major with a 3.98 <span...50.05
How much loans did you take out for B-SchoolBasically the question is in the topic Also what would the max advisable amount of loan to be taken for an MBA beyond which point its not even maybe worth it to pursue the MBA Thanks21-0.79
Bad to list yourself as having a "disability" on an application ?Hey guys, I randomly thought of this so I just want to hear opinions. I am a Type 1 Diabetic and have always listed my self as having a disability on mi internship applications, well because it is listed as ont of the disabilities. I was just wondering if you guys think this would help, hurt,...16-0.84
PE right out of undergrad?Hello, I have been fortunate enough (or unfortunate???) to land a PE analyst position at a large megafund directly out of undergrad. (One of the dream companies) I have some questions/concerns: 1) Will this handicap my learning curve? 2) What will I do day to day? 3) Did I make a good...16-0.84
Cupcakes after Intern InitiationHey fellow monkeys, I was recently initialized into the <span class='keyword_link'><a href="http://www.wallstreetoasis.com/forums/searching-for-a-summer-internship">investment bank</a></span> I was working for. Some people have suggested that I...15-0.85
IB SA Recruiting Advice NeededDeleted for lack of advice and desire to maintain privacy.12-0.88
Would I get into the back office?If I graduate with a 2:2 degree in a stem subject, will I still be able to get into Operations at an Investment bank?10-0.90
How To Pick The Best Summer Dress ShoesSummer style can be difficult. What colours are appropriate? What shoe types should you wear? We created a guide to help clear up some questions: http://fir.mx/1TgESBc9-0.91
Friend of mine wants to build a next-generation film finance companyHi guys, so this is my second post so far, and I'm thoroughly enjoying the feedback I've been getting from ya'll (especially from @DickFuld"). This particular subject involves entrepreneurship, so I decided that posting this in the VC section would be best. So I've...9-0.91
Summer 2015: Keeping Busy Now that July 4th is right around the corner, summer has kicked into gear. By nature, the office has started to get a bit slow. Starting a thread in hopes of getting some suggestions for ways to keep busy either via hobbies/trips/etc. this summer. Feel free to share your plans. For reference,...9-0.91
Chances at MIT MFinPlease give me a profile Eval for MIT MFin: 3.8 <span class='keyword_link'><a href="http://www.wallstreetoasis.com/forums/canadian-grades-to-gpa" target="_blank">GPA</a></span> Economics from Top 20 US Undergrad (Math Courses: Statistics =...8-0.92
Should I disclose charge before background check results?Hey guys. So I was caught shoplifting almost two years ago for items under $30 (I know this is stupid and feel like crap every day about it, so please no judgment) My shoplifting charge was dropped down to a town ordinance. Anyways, I learned a lot from this experience and actually got a...8-0.92
Best Books for Equity ResearchLooking to break into Equity Research. The consensus seems to be that <span class='keyword_link'><a href="http://tinyurl.com/3rebxvt" target="_blank">Rosenbaum</a></span> and Pearl, Damodaran, and <span...8-0.92
Advice Please!I am at a point in my life where I am not sure what the hell to do, in fact I am very lost and am looking for some guidance. I would like to work in IB whether that be at a <span class='keyword_link'><a...7-0.93
Demographics of Different Divisions?When you look at <span class='keyword_link'><a href="http://www.wallstreetoasis.com/finance-dictionary/what-is-investment-banking-division-IBD">IBD</a></span>, sales , <span class='keyword_link'><a...7-0.93
How many singles in Executive MBA?I am 35 and got accepted into a part time mba program but declined because the average age is 29 and I thought I was too old. I am single and want to know if Executive MBAs are mostly married or still single?7-0.93
How many China Interns here got hired with real MNC or Fortune 500 jobs? How many were scammed?If you did get hired please explain to what position, the company name, salary received, and how you got the internship. I spent over $5,000 to get one of these fabled jobs and after I arrived in China was switched to some BS Chinese company that I was told was a "local subsidiary"...6-0.94
financial modeling projectI have a relatively small project that I need some help with and I was hoping regulars here could recommend a way to find an analyst (be they unemployed or just looking to make a couple extra bucks) to help me out, but not sure where to actually find someone like this, whether on this site or...6-0.94
SAT question (dumb one)Friends - this isn't a question a 30 year old professional should have to ask. From what I've seen online the SAT's don't really matter for MBA OCR. Is this true? My parents always told me that you don't study for the SAT's so I only scored a 1430 (out of 1600). ...5-0.95
Out-dressing your superiorsI get that you're not supposed to out-dress your superiors by wearing anything flashy like cufflinks, noticeable <span class='keyword_link'><a href="http://newyork.ardenreed.com/wso/">pinstripes</a></span>, etc. while still in a junior role, but...4-0.96
Boosting a resumeHello guys. I have just finished high school and this september i will be attending a non-target school in the UK studying finance. Since i am aware of the fact that i need to be proactive, network and work hard to land an internship and eventually a full-time job, i have recently been asking...3-0.97
Compliance and brokerage accountsHi, 3-0.97
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I need a jobHard as rock2-0.98
SMARTLY: Free MBA Prep - accounting, microeconomics, statistics, financeHi, I think everyone would be interested in Smartly, a free resource for MBA prep in the areas of accounting, statistics, microeconomics, and accounting. You can signup for free at https://smart.ly. The full program takes about 4-5 hours to complete and is comparable to Harvard's HBX...1-0.99
Percentile and RankHow often are the banana point rankings and percentiles updated? I've been at the same number for a couple weeks and I was just curious to see how much I've posted compared to other users. Also, it would be cool to see the users above and below you in points when you click rank in...0-1.00
NESCAC bros onlyAs you can see I'm not at a Nescac but my little brother is heading to Trinity College, and I was wondering about the amount of alumni on the street. Certainly a school with connections. And what about Colby? 0-1.00
Options Delta Neutral StrategiesHello WSO, I am interning at the CBOT learning about commodity options and I have a quick question about options strategies. What is the fundamental difference between being Delta/Gamma Neutral compared to <span class='keyword_link'><a...23-1.77
help this poor recent college grad please (begging you guys)I graduated from the University of Pennsylvania with a degree in political science and international relations. My grades were above a 3.0 but below a 3.5. I've previously worked for an LG subsidiary and was a research assistant while at Penn. I'm also trilingual, was active in a...19-1.81
Will Britain exit the EU?As Varoufakis and Tsipras move from one failing debt negotiation to the other, UK plans upon the much anticipated referendum on continuing its affiliation to the Euro. The idea of a &lsquo;Brexit&rsquo; was the key agenda of competing parties in the recent election. With the motivation...18-1.82
Are these analyst wardrobe items "douchey"? Hey guys - I am an incoming analyst at an american <span class='keyword_link'><a href="http://www.wallstreetoasis.com/finance-dictionary/what-is-the-bulge-bracket-BB">BB</a></span> in NY starting this July. I recently had a birthday and just graduated...11-1.89
Best Groups @ GS, JPM, MS NY IBD?Rankings would also be greatly appreciated. So far I know: <span class='keyword_link'><a href="http://www.wallstreetoasis.com/company/goldman-sachs">GS</a></span> - <span class='keyword_link'><a...10-1.90
Law student wants $$$$I am a first year associate at a V20 law firm (I'm a niche litigator who knows nothing about finance/securities/M&A). I graduated from one of Penn/UVA/Duke at around top 25%. I make 160k, but fucking hate law. I only went into <span class='keyword_link'><a...7-1.93
Stand Clear of the Closing Doors PleaseGood Afternoon Ladies and Gentlemen, Thought I would introduce myself to the wolf pack. I'm headed into my senior year and will be graduating May 2016 with both B.S. Finance, B.S. Economics, and a Mathematics minor from a non-target. This summer I have an internship with a quant shop in...3-1.97
How To Form Relationships With Senior PeopleHi WSO! I recently put together a mini video course for my company Charisma On Command on one of the most common questions I get: <strong>How To Form Relationships With Senior People.</strong> I’ve created a special link for WSO - 100% free, no credit card info or anything like...2-1.98
Berkeley Econ/Haas vs Cornell Dyson AEMWhich one would be better for a career in finance/Wall Street? 2-1.98
DCF and dividendsI want to make a <span class='keyword_link'><a href="http://www.wallstreetoasis.com/finance-dictionary/what-is-a-discounted-cash-flow-DCF">DCF</a></span> for the company OUTFRONT(OUT) but the problem is that OUT is a dividend paying company. Should i...1-1.99
Why I am opposed to the Supreme Court ruling on gay marriageAfter the Supreme Court's historic decision, my facebook wall exploded with commentary lauding the decision. This is the first time I can recall in which every post in a given day was on the same topic. Amongst us well-educated urban professionals, gay marriage has become a litmus test...48-2.52
What are the tiers in Finance?Top tier = most desirable jobs like a mega PE fund middle tier: investment banking bottom tier: the crappy jobs like a State Farm insurance agent24-2.76
Doctor or Lawyer? Internal Medicine Doc, or Attorney who attended a Top 5 Law School - which title holds more prestige?18-2.82
Alone Time From S/O?So I've been with this girl for like 6 months. I live at her place, which is 15 minutes from work. And I don't pay rent, which is fucking dope (saving all my shekels). She's definitely wife material (whether or not we'll be getting married is another story). Cooks, cleans,...17-2.83
Appearing on SharkTank, American Idol, Reality "a real star is among us" programs on TV I had a heated debate with one of my colleagues today, yes on Saturday because my login for one of the sell-side research platforms wasn't working, I couldn't do what I wanted to do, called up a colleague, one thing turned into another and we talked about Shark Tank or those who want...4-2.96
Hey Mother's Milk hereHowdy. MMK here, not to be confused with my black cousin MLK. My name is MMK and I am from my mother. I joined the forum hoping someone can tell me how Share Buybacks affect the three financial statements. Once I get that answer, I'll be on my way. tata -MMK3-2.97
What do you guys think about this combination of Dual Degree? "Financial Engineering/Masters in Finance" NEED HELP!!!What are the major differences between these two programmes? I need your opinion because I accepted in both of those programmes and I can't decide which one to choose, so If I would choose to double with those programmes what would be the pros/cons? Both are in different schools, and both...18-3.82
Dropped out of collegeHello, My name's Jake and I dropped out of a 3rd tier college my Junior year. Originally, I majored in engineering because the school was in the top 50 in my area, however, after the second semester, I realized I was going to have to spend virtually all day in the library just to get...3-3.97
Decent GMAT, low AWA, am I screwed?So I just got my official scores in with a 740 overall (42V,49Q,8IR) but only scored a 5 on AWA. My goal is a top-10 program, so would it be worth retaking to try and bump that up? 22-5.78
Keep your spouse clueless: Road to Happiness Hi In a relationship, you talk about everything because you are best friends. This is easier said than done for us in Finance because they simply do not understand what we do. There is absolutely no point in explaining something to aliens (and we appear like aliens to them). I'd say...16-5.84
Who is the worst WSO member and why is it brady?Lets see which of his multiple accounts replies to this thread5-5.95
On a Plate: The fundamental factor that contributes to socioeconomic successI'm interested to see how people on this board make of this. http://thewireless.co.nz/articles/the-pencilsword-on-a-plate26-6.74
Should I break up with her?hi folks.. I am a regular on this board but thought it wise to post this as an anonymous. So here’s the deal: I have been seeing this girl for the past 6-8 months. We get along well and I think we are on the same “frequency”, i.e. we get each other. All in all, I would call this a good...35-12.65
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