|0||Business Valuation Billable HoursI was hoping to hear from others at Big 4 in regards to what your billable hour goals are each year?
Thanks in advance. ...||valuationGURU||5||2 years 10 months ago|
|0||Nuts||FCP4||0||2 years 10 months ago|
|0||Has anyone heard of MasterTheCase.comI went through demo videos of the site and it seems to be nicely done. I didn't like its structuring too much but maybe because it was only a demo video.
I tried finding reviews or information about the owner/creation of the content but can't.
Just wanted to see if anyone has any experien...||siyaram||5||2 years 10 months ago|
|0||You Include Consulting Firms?... and No I-Banks?How is it that a list of the toughest companies for job seekers lists zero investment banks, but has a bunch of consulting firms and Teach for America?
For an industry with the average company giving offers to less than one percent of its applicants, according to Bloomberg LP, I find it hard to b...||ELbric||3||2 years 10 months ago|
|0||What do you need to be a Security Analyst in a value investing fund?Do you need a mba, cfa or just contacts, etc. What do you need?...||Juan Carlos-Gonzalez||3||2 years 10 months ago|
|0||What I'm about to ask is ridiculousSo I'm a junior at a top LAC and have been lucky enough to attend 3 BBs' diversity recruiting events (1 in freshman year, 2 in sophomore year). Also been to valuation workshops sponsored by banks and another event by a well-connected foundation (business-type, promoting presence of a minority group ...||Scholes||4||2 years 10 months ago|
|0||My CV for hedge fund analyst jobs - please review################################################
Note: based on people's comments I've revised the CV and updated it as best as I could - check out the newCV.jpg if you like for the latest version. I think it reads/looks better. Thanks everyone for your comments so far, it's appreciated.
#########...||mpc000||9||2 years 10 months ago|
|0||Public equities - proprietary research for the individualWhen working at a HF or AM firm, you likely have the ear of those you contact - suppliers, customers of the company, management, etc.
When working individually, however, it seems that it will be more difficult to attract attention. Trade shows are probably still an option. But what about other ...||paperorplastic||0||2 years 10 months ago|
|+2||George Clooney, Stick to Making Movies, PleaseFor a few months now, Dan Loeb of Third Point has been criticizing Sony's management of their entertainment arm. In his view, Sony would be well served to spin off their entertainment arm, as noted by dealbook back in May:
[quote]Mr. Loeb said he believed that spinning off a portion of the enter...||mikesswimn||21||2 years 10 months ago|
|0||wso weekly wrap up_3.preview_7.jpg||computerized||0||2 years 10 months ago|
|0||Does Houlihan Lokey not accept summer interns?I was talking to a friend recently who told me that Houlihan Lokey does not even entertain the idea of perspective interns applying for summer positions. I looked on HLs site and couldn't find any starting summer internship information. How could this be true?...||vernge01||5||2 years 10 months ago|
|0||Living in the City of LondonJoining an M&A group in the City.. and everyone keeps saying not to live in the City.
Which neighborhood near the City is good/affordable? Barbican? Near the Shard?
Thanks...||lionwater||30||2 years 10 months ago|
|0||Potential Accenture + Booz & Co. Merger?I can't post the link apparently, but Nasdaq released an article rumoring this merger.
Reminds me of Deloitte's acquisition of Monitor Group....||Synerstrat||25||2 years 10 months ago|
|0||Cold Emailing/Calling Large Companies for Internships can cold calling/emailing large companies (public/private) in HR or someone you know help you get an internship? ...||Fwd Unto Dawn||1||2 years 10 months ago|
|0||Corporate finance from a target school...a waste?I'm a rising freshman headed to Dartmouth this fall. Most on-campus recruiting at Dartmouth seems to be geared for IB, consulting, etc. However, I value work-life balance over money (to a reasonable extent), so I've been looking into other careers in business such as corporate finance.
My parents...||dart17||22||2 years 10 months ago|
|0||Failing in CollegeWhat were some of your most memorable fails while in college? Perhaps you bombed a class, ran a business in to the ground which you founded yourself, or failed to seduce that cute girl who lives a couple blocks from your house? Let's hear it monkeys.
"Fail Forward. If you're taking risks, and y...||karypto||26||2 years 10 months ago|
|0||220px-StickFigurePortrait.jpg||Scandal||0||2 years 10 months ago|
|0||Consulting - Health issuesOther than the weekend and maybe Friday, is there a single day in the week that a consultant is able to exercise/go to the gym? Do clients provide access to a gym or perhaps, do you rely on the hotel treadmill for staying fit?
I know per diems are generous, but I hear they usually lead to poor ea...||helpinghand||11||2 years 10 months ago|
|0||House of LiesHey WSO,
Thought i'd share this new show called house of lies with all the monkeys interested in consulting on the site.I came across the show after finishing suits and although it isn't as good as suits (in my opinion) it has all the same characteristics that makes suits such a great show (bante...||mogel||16||2 years 10 months ago|
|0||Career change to ConsultingLooking to see if a career change into Consulting is a viable option for me. My background.
B.S. Nursing with 4 years as ICU Nurse
10 years in sales and distribution for medical devices. As a distributor I have experience with Fortune 100 companies and small start ups.
Currently working on MBA i...||MedicalTechSales||9||2 years 10 months ago|
|0||Chinese student has a shot?Hi, I am a graduate student with a Master Degree in Applied Math from Columbia and a bachelor degree in finance from Hong Kong. Did a summer analyst program in equity research with a hong kong local investment bank. Now I've graduated from Columbia.
You guys think I have a shot with US consultin...||jakeshi||17||2 years 10 months ago|
|0||Why aren't there more 'life of a consultant' blogs?Although there is more content than banking/finance analyst blogs, there really isn't much out there. Is it due to compliance issues?...||Reasonhall||7||2 years 10 months ago|
|0||Banking/PE Informal Interview Study MaterialsSo as a part of me figuring out my future, I set up some informal interviews over the course of this week with a MD from a mid/small market local IB boutique, a partner of the mezzanine capital investment arm of a major retail bank, and a partner at a relatively well known private equity firm.
M...||CRE||0||2 years 10 months ago|
|0||300_268425.jpg||CRE||0||2 years 10 months ago|
|0||Company Compensation: State Street Corporation||0||2 years 10 months ago|
|0||Dog sunglasses.JPG||ELbric||0||2 years 10 months ago|
|0||How to keep in touch with your cold email contacts?Hi guys,
I sent a lot of cold email to alums, and met many of them for a coffee chat. Some of them a very helpful. However, I'm struggle to keep in touch with them and I don't know how to follow up. Are there any advices for this?
Thanks in advance...||aka47gunner||0||2 years 10 months ago|
|0||redactedthis post has been redacted...||MarkyBrasef87||5||2 years 10 months ago|
|0||Company Compensation: Citigroup||0||2 years 10 months ago|
|0||WSO IBD FT Resume CritiqueWSO,
I have thoroughly enjoyed being apart of this forum for almost 2 years now. This is actually my first post and I am asking all monkeys out there to help take a look at my resume. I am prepping for FT and it obviously has to be in top shape. Any advice would be appreciated. Thanks in advance...||BigBadWolf92||6||2 years 10 months ago|
|+2||Bonus Bananas August 9, 2013Bronze Medal Ping Pong GOD Bravely Resigns From Goldman Sachs
Well, this one isn't actually from this week, or even this year for that matter, but I think it's an appropriate Friday to drag up the resignation letter of former Goldman Sachs Exec Greg Smith. Why? Because it has lines like this:
...||RSLA||6||2 years 10 months ago|
|0||Alternative short-term job to IB - need adviceHello all,
Here is my situation: Finance major from non-target school. Living in London.
So far have been unable to find the type of role I am looking for in Finance, and have been spending the last 2 years either in the Finance or Marketing department of a major F500.
My ideal role would ...||euinvestor11||3||2 years 10 months ago|
|0||Michigan Monkeys, where you at!?So, my fiance' and I are currently living in NYC, but she just about cries every day about wanting to move back to Michigan. I was planning on starting my MBA this fall at Fordham, but it's possible to move back at anytime.
My question though, what are the job prospects like in Michigan? I haven...||Skinnayyy||4||2 years 10 months ago|
|0||Elon Musk and Richard Branson on entrepreneurshipTook all of my will power to tear myself away from this vid and share the link with everyone. Still watching but it's been great so far.
http://venturebeat.com/2013/08/08/richard-branson-and-elon-musk-on-fear-failure-and-reinventing-the-future/ ...||moneymogul||8||2 years 10 months ago|
|0||Aaron Korsh on Bankers vs. LawyersThis forum is going nuts about the Suits line. I just wanted to provide some more color:
Switching the jobs of the guys in the "Suits," he said, had less to do with likability than with practicality. "Look, investment bankers . . . they're below the rung of lawyers in the public's perception thes...||PA||1||2 years 10 months ago|
|0||Company Review: PwC PricewaterhouseCoopers||0||2 years 10 months ago|
|0||CFA Results Mod note: Now that you've gotten your results, how did you do?
Results come out Tuesday Morning. Who's ready for this?
Passing level 2 would be such an awesome feeling that I can't even put it into words. 4-5 months of torture and it all comes down to this. I REALLY don't want to take this ex...||pacman007||116||2 years 10 months ago|
|0||How I Work||skylinegtr94||0||2 years 10 months ago|
|0||Apply now or wait for an internship to start to improve the CVHey guys,
I have a problem. I am studying at a semi-target in the UK, and am getting ready for SA IBD applications (I am entering my penultimate year). The story is this:
Applications have opened in some investment banks (like Barcap and CS) on the 1st of August. A few of them are gonna be openi...||wookie1310||3||2 years 10 months ago|
|0||Financial and Valuation Modeling Boot Camp (New York City) SOLD OUTAttended by investment banking, private equity, corporate finance professionals, MBA students, and those in career transitions, Wall Street Prep's popular Boot Camps bridge the gap between academics and the real world, to equip professionals and students with practical financial skills they need on...||AndyLouis||0||2 years 10 months ago|
|0||Summer Hiring-Are responses this slow, or was I rejected?So I last Monday conducted an interview with a financial news company, and the interviewer, who talked about second round interviews, how the company is expanding, asked me a decent amount of questions, says that they'll be interviewing for the rest of the week (last week,) now its the next week. I ...||JohnBrohan||9||2 years 10 months ago|
|0||Can personal trading experience affect on hiringI'm just wondering how much affect personal trading experience can have on getting hired on a prop desk. Obviously anyone can open a trading account, but if you can demonstrate what you've learned from that experience in a way that is applicable to a prop desk, how much will that help you? I'm just ...||deutschemorgang...||5||2 years 10 months ago|
|0||chase.jpg||ivyliga||0||2 years 10 months ago|
|0||Eliminating associate from the cash flowHello!
I have a question regarding an associate company and would really appreciate any help.
If we take one company as a potential investment that has its own core business + shareholding in another company (e.g. 15% of shares --- associate company) , then if we would like to know how much we are...||Rimini9||1||2 years 10 months ago|
|0||diff. between LTM and TTM / shortcut for wrap/ shortcut for merge cellsMonkeys,
Is there a difference between LTM and TTM? I'm under the impression that it just means the previous consecutive 12 months before a certain date, which doesn't necessarily have to be today. (For example, LTM EBITDA as of 3/31/2007 would cover the 12 month interval prior to 3/31/2007. Is t...||advantageplayer||13||2 years 10 months ago|
|0||Dropped/Repeated UG- hurt chances for top MBA program?I have a 3.98 GPA from mid-tier school and 760 GMAT, solid recs/essays
Double-majored in finance and physics
In a 2-year IBD analyst program at a BB bank
PROBLEM: During undergrad, I withdrew from three courses (none in the same semester), leaving me with three W's on my transcript. Also, I...||ApplyingToBSchool||14||2 years 10 months ago|
|0||ambition.jpg||ivyliga||0||2 years 10 months ago|
|0||Public Shaming - Yay or Nay?I’d like to share with you all a brief story – something that recently happened to me. Will do so ‘in effect’ rather than verbatim to protect anonymity of the counter-parties in this story. What you should take away from this, young monkeys, is something you should never do. With that, a ...||NiuShi||30||2 years 10 months ago|
|0||Mfin/MSc in fin/ financial engineering at LBS/LSE etcHi,
I am looking forward to mfin/msc in fin programs at LBS/LSE/Oxford or top U.S. b-schools. Have the following profile:-
Bachelor of Engineering from University of Delhi with 67% marks
MBA from a top-ten Non-IIM Indian B-School with GPA=7.5/10. The method followed is different from that of th...||love_forests||19||2 years 10 months ago|
|0||Work hours as you move up the consulting ladder?Hi all,
Undergrad here curious on how things go as you (hopefully) move up the ladder. I know it starts at around 55-65 hrs/week for analyst consultant right out of undergrad. But what's it like from there, in the senior consultant (after MBA), project leader, etc all the way up to partner? ...||zentiger||11||2 years 10 months ago|
|0||Blocking users on WSOShould WSO have an option to block certain users from seeing your profile and posts (à la Facebook)? Those certain users obviously being colleagues. I'm in a small boutique and one of my colleagues recently made an account on WSO. If by any chance he comes across one of my old posts, it'll be prett...||Bateman Begins||7||2 years 10 months ago|
|0||Not a bean counter? Dinged.Obviously accounting is important in IB, but with all the focus on valuation, modeling, and general corporate finance knowledge in interview discussions and prep talk you would figure a lot of the banks won't grind accounting questions beyond the standard "link the 3 statements" in first round inter...||boutiquer||2||2 years 10 months ago|
|0||Company Compensation: Moelis & Company||0||2 years 10 months ago|
|0||Company Compensation: PNC Financial Services||0||2 years 10 months ago|
|0||Gbenga Akinnagbe looks like Curtis JacksonI dare you to disagree with me....||prospie||4||2 years 10 months ago|
|0||Company Interview: Sovereign Santander||0||2 years 10 months ago|
|0||confused||Peeather||0||2 years 10 months ago|
|0||Email Title for Responses to Job Listings What is the best thing to include in the email title? Would it be beneficial to include GPA if it is significantly greater than 3.5?...||JonDoe297||5||2 years 10 months ago|
|0||Advice Sought for Non-traditional Getting Into ConsultingBackground:
Graduated from target, public ivy with 3.3-3.5 GPA
Studied in the sciences, minor in econ, premed
Summer internships at research hospitals
Worked at ER after graduation while preparing for the Peace Corps
Interest in IR/development/entrepreneurship became greater than desire for m...||jacksparrow||8||2 years 10 months ago|
|0||Investment Banking Offers Low GPAI'm curious has anyone landed a Bulge Bracket offer or know of anyone that's landed BB Offer With Subpar GPA ...||ChasingGoals||53||2 years 10 months ago|
|0||Private loan modeling - any model examples?I'm interested in exploring the world of private loans. Initially something like lending club is interesting to me, but I have an idea that I think could create a new class of loans. I'm really interested in modeling out potential for this idea, but I have limited experience modeling debt items.
...||Wilson1823||1||2 years 10 months ago|
|0||Company Interview: Morgan Stanley||0||2 years 10 months ago|
|0||Company Interview: JPMorgan Chase||0||2 years 10 months ago|
|0||Adwords||dwic||0||2 years 10 months ago|
|0||Beansy the bean counter||boutiquer||0||2 years 10 months ago|
|0||Equity research/investment management from CSI am currently a undergraduate at a target school majoring in computer science. I have been interested in investing for a very long time and have been passively following the market for several years. I am very mathematically inclined and enjoy primarily computer science and math classes in colleg...||dudeman95959||3||2 years 10 months ago|
|0||We went to WhartonJust saw this clip from Suits floating around my social circle, and thought I'd share it with you guys. It's classic:
...||stupidquestions||17||2 years 10 months ago|
|0||Company Review: Barclays Capital||0||2 years 10 months ago|
|+1||Los Angeles WSO Social: Thurs Aug 8th, 7:30PM, SmithHouse Tap & GrillGuess what monkeys, the LA social is back! Great beer selection, award-winning BBQ. Under 21 friendly! Join us at the SmithHouse, just a mile east off the 405 on Santa Monica Blvd. in Century City.
Where: SmithHouse Tap & Grill, http://www.smithhousela.com
10351 Santa Monica Blvd. Los Angel...||Fingerling Potatoes||13||2 years 10 months ago|
|0||PWM Analyst -> Top 15 MBA program?What are the chances of a ML, GS Private Wealth Management Analyst getting into a top 15 MBA program?
A VP was telling me how a 3 yr analyst stint would be a great way to prepare for an MBA. I would like to hear your thoughts. Obviously, you won't get much modeling experience, but it's not like...||KobeFan||2||2 years 10 months ago|
|0||Can I make it to top MBA Program?I am currently working on my undergrad while working at a finacial advising firm. I go to University of South Florida. What im wondering is when im done with undergrad will USF be good enough along with a couple years of industry experience to get into a top MBA program?...||abauscher||4||2 years 10 months ago|
|0||Banking to Hedge Fund/PE/Asset Manager (Accounting/Finance)I'm looking to transition from a bulge bracket accounting/finance position to a similar function on the buy side, getting more involved in the alternative investment space - be it with a Hedge Fund, FoF, PE or Asset Manager. I have an MBA, I started off in public accounting, a firm just below big ...||Mets33||2||2 years 10 months ago|
|0||Company Interview: US Capital Partners||0||2 years 10 months ago|
|0||Law graduate from England looking for a job in banking. Basically, I have recently graduated from Newcastle University with a 2.1 in Law. I plan on taking a masters at the LSE and trying to get some internships. Up to now, my experience isn't great. I did develop and successfully market PPC campaigns (as an online affiliate marketing venture) online from...||Renatus||0||2 years 10 months ago|
|0||Company Review: GCA Savvian||0||2 years 10 months ago|
|0||BB Final Round AdviceHey WSO,
After a whole slew of interviews with a BB (think MS/UBS), I managed to secure a final round with their IB team. I've been to a lot of interviews at BBs and worked briefly for a boutique, but have never done a super day at any BB.
Any advice I should heed before going in for this? I'm...||Kassad||6||2 years 10 months ago|
|0||Company Interview: State Street Corporation||0||2 years 10 months ago|
|0||ER interviewsAlmost everyone tells me not to talk about a firm which the analyst is covering since he'll know more than me. What I want to know is what is the most reliable source to get this kind of information?
I would have thought this kind of information would not be easily accessible...||ar169||6||2 years 10 months ago|
|0||Found a job opening, how do I find the most likely point of contact for hiring?Hey,
So there is a job opening I am interested in at a very large firm. The job is only available through their career website's form. I know which team the position is for, but unfortunately the team is 50+ people.
How do i go about finding the right person to contact? I cold called one M...||Daniel88||3||2 years 10 months ago|
|0||Wall Street Doomsday PrepYesterday I was floating around the internet doing some light research on the H&K MR556 and MR762, during which time I stumbled upon a doomsday prepper forum. I lurked for a while. In fact, I lurked far longer than I had originally planned. Some are prepping for your Sandy or Katrina situation; othe...||SureThing||7||2 years 10 months ago|
|0||sales.jpg||In The Flesh||0||2 years 10 months ago|
|0||VERY non-target: shot in the dark or give up?Let me start by asserting that I know very little about investment banking, trading, hedge funds, personal equity, etc. What little I do understand, I find enthralling - specifically working a job with million or billions of dollars on the line. I realize this is more or less the pre-medical equival...||magnificentloser||19||2 years 10 months ago|
|0||Dilemma: asking an MD from another department I have a question and would like to get some opinions.
There's an MD in equity research for my top choice bank and his daughter went to school with me. She and I were pretty decent friends and she gave me the introduction with her dad. I have had the chance to talk with him a few times and have ...||Quazie||6||2 years 10 months ago|
|0||EV/EBITDA vs P/EWhich multiple should one choose - EV/EBITDA vs P/E given you have both the multiples ? given you have no debt and taxes within the structure !
Two companies have same financials (Rev, COGS, SG&A) except that one has higher depreciation - how does the EBITDA differ for the two companies in this ...||crushkiller||13||2 years 10 months ago|
|0||Company Interview: Genesis Capital||0||2 years 10 months ago|
|+2||Why I'm Giving Up the BoozeMod Note: Blast from the Past - "Best of Eddie". This one is originally from July 2012.
"I have taken more out of alcohol than alcohol has taken out of me." - Winston Churchill
Those of you on the fence about attending tomorrow night's Bastille Bash might want to give it some serious thought, ...||Edmundo Braverman||64||2 years 10 months ago|
|0||What's wrong with this?Background: Second year undergrad finance student at NYU. Been trying to land a finance internship for several months now (specifically looking for something Hedge Fund/Asset Management/Trading related). Got one interview from one well known Hedge Fund in May but didn't land it.
Any help is grea...||Off the Charts||4||2 years 10 months ago|
|0||Jay Bilas Beats Down the NCAAhttp://msn.foxsports.com/collegefootball/story/jay-bilas-goes-on-twitter-rant-against-ncaa-for-making-money-off-players
The NCAA is such a scam.
http://www.youtube.co...||CRE||6||2 years 10 months ago|
|0||Tech Groups in New York - IBDWhich banks (both BB and MM) have tech-specific groups in New York? I tried to research on CapitalIQ and via company websites, but it is often difficult to tell which groups are located where.
Obviously most banks have their tech groups out West, but it would be good to know if the opportunity to...||Jamoke||2||2 years 10 months ago|
|0||Charge out rates + time spent creating PowerPoints?I'm looking to get estimates on 2 sets of numbers --
1) standard charge out rates for a firm by level (e.g. jr consultant, sr consultant, jr mgr, sr mgr, jr partner, sr partner)
2) roughly, the percentage of time spent creating business documents (e.g. PowerPoint presentations, Excel models) b...||michael.scoffield||5||2 years 10 months ago|
|0||Company Compensation: Deloitte||0||2 years 10 months ago|
|0||Banking Internship in Sao Paulo, BrazilNext Spring I am going to be studying abroad in Sao Paulo. I am a Finance major from Washington University in St. Louis (non-target but still attracts a few banks), and I want to get some advice on how to obtain a banking internship in Brazil for the summer.
I will be fluent in Portuguese by the ...||onthehunt11||2||2 years 10 months ago|
|0||JD/MBA SponsorWhat types of firms sponsor/reimburse their employees to receive their JD or MBA or both.
I am interested in the real estate industry, lending etc or management consulting industry. I am not sure which one to pursue....||standard_deviation||9||2 years 10 months ago|
|0||I'm told I "lack presence"I'm on the job hunt. I'm landing interviews but not offers. I was recently told by an acquaintance that I "lack presence" -- that I didn't leave a particularly memorable or engaging first impression.
Okay. Fair enough. I get a little nervous meeting people for the first time. I'll admit I don...||slidejockey||27||2 years 10 months ago|
|0||Most if not all of the successful people I look up to......built their wealth by building a business.
Don't get me wrong, I look up to one of my siblings, some family members, and family friends who are in finance as they are hard workers, but I can't help but think people who built businesses from the ground up are more prestige worthy.
Just my opini...||kingoftheotherroad||46||2 years 10 months ago|
|0||please give a harsh critique of this consulting resumeSee the attachment, and be as honest as possible with regards to both content and overall strength.
I've made some changes, the posted document is the updated version. Open to all comments and feedback!
Thanks...||packerbacker||13||2 years 10 months ago|
|0||Irrelevant Work Experience vs Community Service for ResumeSo this last summer I was an equity research intern at a financial startup, but last summer I was a web development intern at a tech startup. I think the web dev internship is pretty irrelevant (other than the fact that I'm a comp sci minor and TA so it's not necessarily random). Anyway, I did som...||elemental||1||2 years 10 months ago|
|0||Upgraded LinkedinHey folks,
Recruiting is getting started for FT and I have a questions related to networking and alumni outreach.
I'm trying to get some informational interviews scheduled but am struggling to get my hands on email addresses for people to reach out to. I was contemplating upgrading my LinkedI...||Window View||9||2 years 10 months ago|
|0||Doomsday.jpg||SureThing||0||2 years 10 months ago|
|0||Networking in ERSo I would be a junior this fall, which means in order to find an internship next summer I would have to kiss a lot of asses. However I was wondering if networking is useful for ER. I mean if I'm hiring someone for my ER department wouldn't I just hire a bunch of MIT graduates with 4.0 GPAs and 10 r...||ywu86||7||2 years 10 months ago|