|How would you rate this Miami opportunity? Pros and Cons?I have an offer to move back home to Miami to work with a small acquisitions shop (4 partners - each covering a different skill-set/area of expertise from finance/acquisitions, management, renovation, etc.) which was formed almost 11 months ago and has acquired +$35MM in multi-family rental assets (... ||Willem_DaFoe||5||17 sec ago |
|Mid-Market PE Valuations: Where Up is DownWith U.S. stock markets near record highs, and M&A activity on-track for another big year, there has been much commentary about whether markets have once again detached from intrinsic value. By and large, the labour market has returned to normality, the housing market has recovered, and consumers a... ||LeveragedTiger||4||3 min 27 sec ago |
|WSO - What Do You Hate?Ok, time to let me hear it...we just went through a BIG upgrade & redesign, so first off THANK YOU for your patience. I know it wasn't the smoothest jump in the world and things were pretty messed up there for a few weeks!
The site is faster and in my opinion, much cleaner/better, but we don't ... ||WallStreetOasis.com||132||5 min 35 sec ago |
|NYU Schack MSRE Vs Cornell Baker Masters in REI am RE professional, I currently manage self owned portfolio of residential and commercial real estate. I am looking into full time programs in Real Estate focussed on investing/Asset Management to help me attain my goal to have my own REIT in future. After graduating I want to work for a REIT and ... ||Gemini08||12||10 min 57 sec ago |
|Which of these MBA programs would help the most for a career in finance?I'm looking at Michigan, Duke, Cornell, UCLA, USC, UT Austin, UNC and Northwestern. Also looking at UChicago and Columbia and while I'm sure those would help me the most I probably don't have a great shot at those 2 and northwestern.
I don't want to limit my options as I'm not completely sure wha... ||greekmyth||4||18 min 54 sec ago |
|SA Technical InterviewWhen interviewing undergrads for an SA position, would you ever ask about Fifo vs. Lifo (an accounting concept), or minority interest / investments in equity interests?
What are some examples of questions that could be asked? ... ||prospectiveintern||0||26 min 15 sec ago |
|Moving to the Southeast - Any advice for job huntingSo I am looking to potentially move to the Southeast for family reasons and starting my job search with the goal of being down there by year end to March next year. I am currently looking for any advice on head hunters in the area for PE/VC/HF work...please let me know. ... ||hockey1316||6||29 min 36 sec ago |
|Do hedge fund managers need to be register if the LLC is located in Wyoming?In the state of Wyoming you do not need to register as an investment advisor. If my hedge fund is registered as an LLC in the state of Wyoming but I live in a state that requires registration. Do I still need to register?
I found an article: thinkadvisorDOTCOM/2015/02/04/sec-busts-3-advisors-for-... ||mattsgotquestions||6||48 min 3 sec ago |
|What is your definition of "hard work"?I know many of the people on this forum are professionals in the world of finance. Many of you probably know what it means to work very hard, especially for those of you in investment banking. In your opinion, do you think many young people today are unwilling to commit themselves to "hard work"? I ... ||Origin||0||48 min 8 sec ago |
|Does anyone know about Barclays BNRI? Barclays Natural resources Investment. It was a branch of Barclays Capital, doing private equity in natural resources. Can't find more details from the website.
Wonder its reputation.... ||parachute1110||2||51 min 28 sec ago |
|Yuppie majorWhat´s the ultimate "yuppie" major? I´d say finance.... ||MB78||0||55 min 18 sec ago |
|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 started ... ||chronk||10||58 min 32 sec ago |
|Internships to go afterDelete... ||WSOreader375||3||59 min 27 sec ago |
|Resume during internship?This might be a silly question, but how do you generally describe your current internship on your resume? I have a couple of informational interviews coming up and don't know whether I should update my resume to include my current internship position. I've been here for only two weeks and don't have... ||AintersGonnaAint||0||1 hour 3 min ago |
|Recommended reading management consultingHi fellas, will be applying for summer internships next year in management consulting (London) and looking for a few good books to read to understand the logistics of the industry and also prep for interviews.
I'm thinking of reading 2 books:
The McKinsey Way
Case in Point
Does this seem ad... ||cazzz||5||1 hour 9 min ago |
|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 years and I'm hap... ||Natalie_Accepted||49||1 hour 18 min ago |
|Duke, Fuqua??Is a Duke MBA gonna get me where a Sloan MBA would have?? Always had the dream of attending MIT, got rejected there though and accepted at Duke. Re-apply or just go to Duke??... ||MBAing||5||1 hour 19 min ago |
|(Accounting and Finance) Double Major Vs Finance & Economics from Non - TargetI am currently in between about pursuing a degree in Accounting and Finance vs Finance and Economics.
Is a degree in both Accounting and Finance actually worth it? I thoroughly enjoy both majors as I have taken a few of each courses, which is the reason for my consideration of both majors. In te... ||Singh_dass||1||1 hour 32 min ago |
|Small Error on Cover Letter/ResumeHello,
Before anyone else tells me to use the search bar, this situation is slightly different.
On my application, I mentioned that I worked at a research shop and did some equity investment analysis based on a company's FY 2014 and FY 2015 results, not knowing that I was confused and that FY ... ||ActivistInvesting||2||1 hour 51 min ago |
|Recent Lateral Moves QuestionHello all,
If you signed the offer to join NewCo A but got an interview request from NewCo B and you like NewCo B more than NewCo A because of the role is just better suited for you, how to best proceed in going through the process with NewCo B without making you look bad. Assume they are not com... ||MonkeysOfWallstreet||1||2 hours 54 min ago |
|Company Compensation: Danske Bank ||0||3 hours 5 min ago |
|Best pet for an analyst in investment banking?All,
I've always wanted to have a pet but never had the opportunity. Since I clearly have a strain on time to take care of a pet, I am inquiring as to what would the best pet be? Working till late but generally don't hit over 100 hours/week. Dog would be out of the question, and fish are a little... ||TheNiceBanker||70||3 hours 8 min ago |
|Altucher: Don't Go to CollegeMod Note (Andy): Best of Eddie, this originally was posted on 2/9/11. Old video got taken down, but this one is pretty relevant.
I can almost hear the collective gasps from the peanut gallery as you guys watch this, but Formula Capital's James Altucher thinks college is a sucker's bet. Well, not re... ||Edmundo Braverman||77||3 hours 14 min ago |
|What to expect in this industryHi guys
I just finished my college and accepted an offer from HK based L/S hedge fund as a research analyst.
As far as I know getting into HF industry without any prior experience is rare.
My question is, would I be able to successfully grow in this firm? What kind of life style will I face as I ... ||hong4431||5||3 hours 17 min ago |
|506 (c) Offering ExampleDoes anyone have an example sheet for a 506 (c) offering?
Thanks.... ||yig||0||3 hours 45 min ago |
|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=12... ||mcbites||3||4 hours 9 min ago |
|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 wide discount... ||WallStreetOasis.com||20||4 hours 18 min ago |
|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 in ... ||networkyournetworth||13||4 hours 18 min ago |
|Series Exam QuestionsHey folks,
So I'm starting FT in BB S&T this fall. I have to take the Series 7 and Series 63 in August and I have two major questions:
1. Do I actually need to spend a significant amount of time studying to pass? I majored in Finance and Accounting in college and read the first couple chapter... ||Anonymoose||7||4 hours 23 min ago |
|Networking with tradersHey everyone,
Currently an intern at a BB within a general finance role. I was paired up with my mentor who's a Director in Muni trading. We've been spending sometime together and hes going to be introducing me to some of the traders who work with him (equity, fixed income) as well as letting me ... ||DrXJS-.||4||4 hours 25 min ago |
|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 incredib... ||DirtyCash||9||4 hours 27 min ago |
|Rewind - Summer Recruiting 101 + Q&AIn case you missed our April 20th webinar entitled IBD Summer Recruiting 101, have no fear. The full recording of the webinar can be found below (free for only 24 hours and then it goes into our video library). Do you want to a 1 on 1 mentoring session with Anthony? Click below:
SIGN UP WITH AN... ||wsomentors||0||4 hours 40 min ago |
|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.
Summer Analyst Eligibility
• The SA position is re... ||TNA||204||4 hours 47 min ago |
|Internship Title for ft recrutingI'm currently interning at a large AM firm and am wondering whether to write my role as a Summer ER Analyst or summer investment analyst. The firm formally calls us Summer analysts but I don't think that is clear enough on my resume. Potentially want to move into banking and was wondering what would... ||Wallstreetertobe||1||4 hours 47 min ago |
|M5 MBA IB Associate exit opportunities to PEHello Everyone,
For someone with no pre-MBA IBD experience, I will soon attend one of the M5 MBA's and I am pretty sure to land a job as an IBD associate.
The biggest issue I have is that my dream is to work in PE but of course it's an uphill battle trying to break in post-MBA and after experi... ||Oracle2020||7||5 hours 4 min ago |
|Top Groups at Deutsche BankI recently accepted an SA offer at Deutsche Bank, and have built networks in a few groups. Which groups are considered best in terms of exit opportunities/experience/culture?... ||Catinthewall||23||5 hours 21 min ago |
|TMT Internet Industry Outlook ReportI have some great reports. TMT, Internet Industry reports by BBs. One report is on 2015 U.S. Consumer Internet Outlook 476 pager!... ||wallstreet_hacks||48||5 hours 23 min ago |
|Charlotte NC bankingHow is Charlotte? It's obviously not New York or Chicago, but it seems like a lot of banks and PE firms are moving in. It's still relatively cheap to live there, especially in Uptown. Seems to be growing at a rapid rate. Just wondering what the general vibe of it is. Seems like most top southern sch... ||ib_2020||14||5 hours 34 min ago |
|Barcap front office vs GS Ops/Credit Risk for BSchoolI'm a recent new grad. I've received offers from
-Barcap front office (sales)
-GS Ops/Credit Risk
To be honest, I plan to exit finance in around 3 years for a B-school or another industry (i.e. IT)
Given I am looking for the best environment to learn transferable skills + impress future interv... ||lolcatslol||4||5 hours 57 min ago |
|Company Compensation: Canaccord Genuity ||0||6 hours 7 min ago |
|Columbia Value Investing Program PlacementI know this has been covered previously, just thought I would bring it back up since I'm considering this program. How is this program viewed from perspective employers? Without prior buy-side or equity research experience would this program be a good launching pad to the buy-side?
... ||Stevie123||33||6 hours 24 min ago |
|cost of equityhi guys,
Im struggling to calculate the cost of equity for real estate investment, please help - this should be different than normal cost of equity which is found either by CAPM or Dividend growth model
also how to choose appropriate discount rate for DCF
many thanks to you all
... ||Vladimir-Stash||0||6 hours 37 min ago |
|Best Quality Novelty Fake IDs and Passports,Marriage certificates ([email protected])Buy counterfeit,real fake passport, drivers license, id card
Best Quality Novelty Fake IDs and Passports,Marriage certificates and Drivers license etc buy now high quality-We have the best HOLOGRAMS AND DUPLICATING MACHINES With over 13million of out documents circulating over the world.
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|LBOs: Debt Repayment vs. Dividends?Just wondering, when modelling LBOs is it market practice to assume you:
a) amortise debt & forsake dividends over the holding period in favour of lower interest expense & a higher equity value at exit,
b) pay dividends & forsake debt repayment over the holding period in favour of a (sl... ||Zweihander||5||6 hours 52 min ago |
|2015 McKinsey insight and BCG bridge2BCG status updates for APD/ADC!Hi everyone,
Thought I'd start a thread for 2015 McKinsey insight and BCG bridge2BCG status updates for advanced degree candidates. From the past years's posts, I expect McKinsey and BCG to be scheduling their 1st round interviews in early May.
Please feel free to post updates and indicate wh... ||Sue-Lee||138||6 hours 52 min ago |
|Career Change to Investment Banking Analyst - EXITSAll,
Any idea if exit ops for investment banking analysts are the same if I were to have add a different career before going into IB?
Graduated in 2012 and have been working in Equity Sales and just got an offer to join an investment bank as an generalist analyst. after my 2 year stint, will i... ||costajax||2||6 hours 57 min ago |
|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 have to achieve a min... ||design||8||6 hours 57 min ago |
|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, always dtf, into all the s... ||GoldenCinderblock||17||7 hours 1 min ago |
|How competitive is recruiting at Berkeley? Just out of curiosity, how hard is it to do well at Berkeley (good grades, school year internships) and recruit for IBD (or Consulting)?
With a school of that many kids in Econ & Haas and a decent amount of Haas kids aiming for banking, I would assume that its pretty competitive. At least on th... ||tobster28||3||7 hours 44 min ago |
|Financial modelling at VC firmsHi guys:
Can some of your shed some lights on what kind of financial modelling is used and required at VC firms please? Is it mostly simple 3 statement model +DCF, that's it? I guess one would also need to learn how to model fundraising activities (debt, equity, asset sales etc), is that fair to ... ||Chimp_and_jeez||6||7 hours 48 min ago |
|It's possible: How I got the Hedge Fund Analyst job ||wsomentors||0||8 hours 20 min ago |
|SB for Healthcare/Pharma/Biotech Industry PrimersI am looking for some healthcare/pharma/biotech primers, primarily from BBs. If anybody can provide copies of the most recent editions, particularly Deutsche Bank's "Global Pharmaceuticals: Pharmaceuticals for Beginners", they will receive 2 SBs for each primer. PM me please if you have any primers.... ||ikemblem||33||8 hours 26 min ago |
|Interested in Wall Street, but don't want IB or S&T? There's a whole world of other divisions looking for you! ||wsomentors||0||8 hours 40 min ago |
|Private Equity Case: Utility Services ||wsomentors||0||8 hours 46 min ago |
|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, balance sheet... ||WhaleofWallStreet||6||8 hours 52 min ago |
|Anyone with access to a bloomberg terminal? Need a favour please.Hi guys,
I'm kind new here but was looking for a favour if possible.
I'm currently doing some macro econometrics research on via SVAR models (Vector autoregressions).
I needed a time series of UK Government Gilt 30 year yields (bloomberg ticker: GTGBP30Y:GOV) from 1997 onwards.
Would any... ||kartik_b90||5||9 hours 16 sec ago |
|Please critique my resume - graduateI'm looking to get into Investment Analysis or Research. Is this CV good enough? How/what can I do to tailor it more specifically towards employers in that area?... ||ya93sin||4||9 hours 37 min ago |
|Rewind - CFA - is it right for you? + Q&AIn case you missed our April 15th webinar entitled CFA - is it right for you?, have no fear. The full recording of the webinar can be found below (free for only 24 hours and then it goes into our video library). Do you want to a 1 on 1 mentoring session with Rick? Click below:
SIGN UP WITH RICK
... ||wsomentors||0||9 hours 52 min ago |
|Chose the wrong summer internship, what options do I still have for FT recruitment? (credit to equity?)My background:
-undergrad going into my senior year at a top Canadian business school (think Ivey, Queen’s)
-fairly average GPA
-interested in investing, although deal teams are good too
This summer I’m working at a multinational insurance company as a part of the fixed i... ||MikeZZZ||3||10 hours 41 min ago |
|Qualified Movers Packers Making Shift Straightforward and SmoothHave you been relocating your house from in order to somewhere else? Are you experiencing lots of household goods along with items? Do you think your own transfer will likely be topsy-turvy as well as miserable? You think you may confront plenty of tricky functions on the proceed? Are you currently... ||ravietrade001||0||10 hours 43 min ago |
|Professional Movers and Packers Impart Method for Fixing All Your Relocation NeedsMoving from place to a different can be quite tiresome and stressful task. It is because this delivers a great deal of excess troubles as well as operates which might be not simply very tiring and also tedious but additionally hard in addition to nerve-racking. Although moving by to someplace else ... ||ravietrade001||0||10 hours 44 min ago |
|get india tour @ http://www.indiatourpackage.co.uk ||Peter22||0||10 hours 59 min ago |
|Consulting Salaries in London is S***!Recently, I was thinking of gaining some international exposure by moving to London. But the salary differential is really too large for it to be a consideration considering London is as expensive as where I'm based out now.
In NYC, fresh graduates in big 4 consulting start on 70+k and MBA SC hir... ||Jameslair||24||11 hours 35 min ago |
|Anyone got good detailed models that they can share?I'm looking for some good, comprehensive and detailed models. I am obviously willing to send along the two models from GS i have in exchange. PM if you have something good. Just looking for different methods of modeling used by other firms.... ||IamObama||22||12 hours 5 min ago |
|Demystifying BAAM (Blackstone)As requested by @MBAGrad2015" in my previous post (about GSO) and several other users who pm-ed me about BAAM, I decided to start another "demystifying" thread - the Blackstone's 2014 Hedge Fund Solutions (BAAM) overview. All is based on few recent presentations that I was able to gather.
Again, ... ||Kimura||8||12 hours 5 min ago |
|Company Compensation: Ernst and Young ||0||12 hours 11 min ago |
|What glasses to wear?At school, I've always pretty much worn contacts, but with all the time I'll be spending in the office, I'll probably need to start wearing glasses. I would opt for a cheaper pair from somewhere else, but would this kind of style be acceptable?
http://oliverpeoples.com/shop/men/optical/executive-... ||NickW1||11||12 hours 24 min ago |
|APV question regarding debtHi there,
I have 1 questions I hope someone could help me with.
If a part of a company is taken over for cash and I assume no debt was taken over but I have an EBIT to Interest coverage ratio target, do I subtract any debt during the APV calculation or would it be zero as currently I have none... ||Romano||0||12 hours 26 min ago |
|WSO Weekly Wrap-Up (6/27-7/3)In case you missed them, here's some of last week's most popular topics:
3 Myths About Excellence That I Used to Believe
Post By @Deconstructing Excellence"
[quote]This week, I want to share with you one of the sources that inspired my quest to deconstruct excellence. It was a fascinating (but ... ||Lucas_M||0||12 hours 26 min ago |
|Company Interview: PwC PricewaterhouseCoopers ||0||13 hours 25 min ago |