Hello WSO,
been lurking for a while, love this site and the witty commenters.
Have a question, but first heres background.
Graduating this week, no job offer. Dece GPA, non-banking experience but have better internships than waiting tables or working at car washes (though I did that for a little summer liquidity).

I'd like to end up (of course) in IB... to be honest at a boutique actually. I think it suits my personality and independence.
But I am a very realistic person. I know I'm not getting an IBD offer out of school, especially this late in the game. Got a call recently for a JPMorgan Chase Commercial Banking Analyst interview. I took it because who can be picky in my situation?
But now I'm second-guessing everything after reading around, talking to people, going on WSO.

I'm working for a BB HFOF (first year out of school) and am wondering if it is possible to move to investment banking. I feel that I do not have a solid skill set for long-term survival in the industry if I stick with HFOF.

Greetings WSO community,

Can anyone share the potential exit opps for a junior analyst or a database analyst for that matter?

Looking into an entry level job as a junior analyst and would want to know the exit opps, and the duration for being an junior analyst/ database analyst.

Would really appreciate your thoughts.

Hey all. So, of course I drop down to the WSO gods and humbly ask for a line or two of advice. I am being recruited for a MM Corporate Banking Relationship Manager position for a large bank. This position would be working with general funding issues, capital injections, M&A advisory, etc etc. I am currently a commercial credit analyst at a tiny bank in the Midwest. I like the analytical aspect of my current position, but when I say I work for a tiny CB, I mean my credit dept. is 3 people, including me.

I have a job doing financial planning and analysis (FP&A) at a (mature and midsize) tech company when I graduate. I don't want to get too specific about what they do. What kind of exit opps are there? I want to get into something sexier than FP&A, although I'm not sure how bad FP&A is. Since I go to an extreme non-target it was considered one of the best jobs one can get from my school.

So my first question is, how good/bad is FP&A relative to the universe of finance jobs? Has anyone here had one? How is it? I know some are more accounting based than others. It seems a lot more fun than credit analysis for no-name banks and all the other jobs that recruit at my school.

Neuberger Berman (formerly spun off from Lehman) seems like a very solid asset management firm.

Currently looking into its private equity group which does fund investing, secondaries, but also co-investing and mezzanine debt investing. Anyone have thoughts on exit opps after? Would it be very tough to lateral to direct buyout firms after? This is assuming 2 years of IBD experience prior to NB.

Is it better to stay in IBD and try hard for pure MM PE directly? Or would this be a solid gig too?

Appreciate any insights

Hello all,

I was hoping that someone could shed some light on what types of exit opportunities are likely from F500 roles that someone who joined out of undergrad might have. For example, how do large CPG companies place into business schools? Do such companies typically not sponsor employees for MBAs? Which companies offer the best meritocratic environment and room for rapid career growth and promotion?

Thanks for any help you can provide!

You slog it out as a Trader for a few years and realise that you're a boss. You become a PM and realise you're a boss. Other bosses realise you're a boss and they along with all their boss friends give you some money to play with. You become a hedge fund manger and confirm to all that you're a boss. You generate good returns for a few years and find yourself sitting on a few hundred mil. You close your fund and become a bum.

With a few hundred mil, there are not an awful lot of industries which are closed off to you. Why then is it that we hear very little about hedge fund managers using their cash to become bosses in other industries? Thoughts?

Does anyone have first hand experience or know of anyone that have worked in this group? Seems like an interesting opportunity. I am looking at post undergrad by the way.

Thanks!

I was wondering if anyone knew anything about MS's Healthcare group in Menlo Park. I rarely hear much about it, considering how strong Ms's tech group is out there.

In terms of exit opps and prestige is what I am mainly looking at.

Thanks in advanced

Hi guys, I am a first year analyst at a BB, and I have grown more interested in distressed securities hedge funds and distressed private equity. It looks like the work would involve both value investing style analysis and dealing with, at times, complicated problems. I was hoping to get some advice from those in that industry or second year IB analysts who have interviewed on whether I should focus solely on recruiting for distressed funds or tell the headhunters I am more than willing to start at any PE / HF. Also, which is more relevant for distressed investing: traditional LBO PE or L/S equity HF (if I couldn't find a job in distressed debt / distressed PE to begin with)??

What is the mix of exit opps in a top group's analyst class (GS TMT, MS M&A, etc) vs average groups vs less strong groups (UBS FIG or something)? Assume a bulge bracket firm.

My guess is that most of MS M&A goes to megafunds if they choose or maybe HF or MM PE if they prefer that. I'm sure that every single person will get an interview at megafunds if they want. However, I'm sure that little more than half of the class actually gets an offer from the top places like BX, KKR, etc., although the percentage is probably among the highest on the street. I'm sure there are at least one or two people per class that screw up their buyside interviews and end up somewhere less desirable.

Hi all,

I am a senior at a top school, majoring in statistics with a 4.0 GPA. I am very interested in a quant heavy graduate degree (MBA, Finance, Stat Ph.D) down the road, but would like to get some real world exposure first. I am considering the following, all of which sound very interesting.

ZS Associates- Business Analytics Associate
Nielsen Company- PSAP
Cornerstone Research- Analyst

I would appreciate any advice/opinions/anecdotes regarding the above positions.

Thank you very much

Most people occupy their entire exit opp mindset with PE or HF...how come few ppl focus on going into traditional AMs like Dodge & Cox, Capital Group or PIMCO after their IB stint? If anything, these places pay more and have better hours than many of the PE places.

hello fellow monkeys. i'm in need of some help here. can somebody please explain what does this job EXACTLY entail. im not sure if this is FO/MO/BO. and what could the possible exit opps be? btw, this is for a european BB in APAC. i ask because the requirements for this posting are quite high. any info would be highly appreciated.

Role Overview -
1. Risk reporting
a) Running client positions through risk engine to generate risk sensitivities
b) Consolidating risk engine outputs in database to produce value-added reports
c) Timely end of day reporting for global Risk Team and other internal clients
d) Customized margin reports for clients with different trading strategies
e) Periodical dashboards for senior management

2. Exceptions handling

Hi, currently looking at a job as an analyst at a multifamily lender/loan originator. I don't have a lot of knowledge in commercial real estate, but the job is basically an analyst role working between the loan originators and the underwriters. Can anyone shed some light on how much modelling skills involved in this job and what are the general comp looks like, and more importantly, WHAT are the exit opps available?

Thanks in advance.

Hi, currently considering a job as an analyst at a top 10 multifamily lender/loan originator. Can anyone shed some light on how much modelling skills involved in this job and what are the general comp looks like, and what are the exit opps available? And how does this job look on MBA apps? My goal is to make it into a good REPE or a top REIT.

Thanks in advance.

I don't like my current job in Valuations and I want to leave. My salary leaves much to be desired and there really is no upside potential to the job as bonuses are minimal. I've certainly learned a lot but I'm now looking for another challenge. I've been with a well know firm in the industry (Think Big 4/D&P) for 15 months now and I'm looking to get out. I started with them right out of undergrad.

I've been contacted through LinkedIn by 3 or 4 recruiters over the last couple of months and I always pursue those opportunities but I've yet to get anything other than a phone interview.

I'm not exactly certain what I would like to do but I am considering IB, Equity Research and Corp Strategy (not likely).

I'm finishing up my 2nd year in FIG IBD at a bulge bracket, but not a top one. I haven't yet figured out what to do next and could use some advice. Options:

1) Stay in my group for a 3rd year.
My life is pretty easy right now, not much work to do and with 2 classes of Analysts below me, a 3rd year would be easy. I could spend most of my time trying to recruit, and hopefully find something semi-decent with an immediate start at some point. However, I did not have much luck with the main headhunters as I'm not in a top group. Most interviews I've had in the past year have been smaller firms that I found through the smaller headhunters or job websites like Onewire. And I don't think I have the transaction experience that buy side firms are looking for. Also I am sick of my group.

I'm curious as to what are the different path's that one takes to get in to a top tier b-school for his/her MBA degree?

I come from a semi-target out here in the mid-west (think Wisconsin, UIUC, Indiana etc.) and am aware of a lot of kids doing 2 years at a BB, 2 years at PE and moving on to Wharton or HBS.

Is it possible to transition to business school by working in a boutique for 2-4 years (since a lot of boutique's turn their analysts in to career bankers) ?

Any inputs or personal experiences would go a long way in being helpful. Thanks!

I'll be starting as an analyst in July at a PE fund with a little over $2B in LA (they've been doing really well recently). It sounds like the experience will be excellent, but I'm wondering how this potentially unfolds down the line.

Do I still go through PE interviews in a year and a half? Is it difficult to switch firms (whether they're larger or not)? Do I stay in PE for only 2 years before MBA or wait longer?

I've crawled all over search but there's not much insight there since direct from undergrad PE isn't common. I'm really excited about the opportunity but just a little unsure about how this all plays out down the line.

Thanks.

As far as I can tell 99% of us are college students anyway. Kinda silly to be asking about stuff 2-4 years out in the future, like seriously wtf?

Saw this just now and made me laugh because I'm not the only one, you guys might appreciate:

http://wheninfinance.tumblr.com/post/22255481930/w...

Safe to say that bridgewater traders can go anywhere they want afterwards? Also, I assume that they have their choice among b-schools as well.

Hey WSO,

I got a call for a broker/dealer trainee program. It's supposedly heavily involved in equity research, and the company is a solid boutique in NYC (not a scam, as I initially thought).

Is this worth my time? What are the exit opps as a broker? I've searched the forums but most topics are an argument of "I've never done it but I heard it sucks," vs "I've done it and it's great." Is it really a dying industry?

Anyone with experience care to chime in?

Ok-- so I know that people here are not into ranking the various Wall St banks in regards to overall prestige, but this is a little different. I think a lot of people might find it useful to know how *INDIVIDUAL* groups stack up against one another when it comes to *STRICTLY* getting absolutely nowhere. Therefore, how would you rank the bottom 10 to 15 groups on Wall St in terms of the lack of opportunities post-IBD?

Operations at a BB firm or investment banking analyst at a small/unknown firm. Which would have better exit opportunities? Which would look better for B-school?

How's exit opps from this group? How does it stack up against Financial Sponsors and M&A?