Does anyone know about the investment process at Fidelity Biosciences? Do they look at early stage biotechs or are they predominantly focussed on late-stage, expansionary companies?
Any insights into their investment criteria/process would be much appreciated.
Thanks...||UKLookingtotheUS||2||2 years 9 months ago|
|0||Can some provide an insight into the work of a fixed income analyst/ portfolio manager?Hi, I'm quite interested in asset management (regular AM, not private equity or hedge funds). if you go on WSO or similar websites, you will find tons of threads like "a day in the life of an M&A banker" or "a day in the life of a trader". for some reason, however, I havent found a thread where som...||UK2013plus||3||2 years 9 months ago|
|0||Favorite/Best Sectors to Cover (in IB or ER)?Just wondering what people consider to be the best/their favorite sectors to cover, in both IB and ER. Why do you like the sector? What do you dislike about it?...||notthehospitalER||2||2 years 9 months ago|
|0||globe.jpg||notthehospitalER||0||2 years 9 months ago|
|0||My chances at top MSF programs (realistically-be harsh please)hi guys,
You all seem so knowledgeable with regards to MSF programs so I figured I would ask for your advice.
GPA: 3.6 California State University Northridge
Mexican National(speak French)
Graduated Dec 2012 did a few internships simultaneously for 6 months at a Micro...||vike27||12||2 years 9 months ago|
|0||Company Interview: JPMorgan Chase||0||2 years 9 months ago|
|0||Entry Level Economists in BanksHey guys,
I am going into my junior year this coming fall double majoring in Economics and Math. I've been trying to search for entry level economist roles in banks (esp. BB) but to no avail. How does one get an internship doing economic research in a bank? I am currently doing experimental econ...||ZenEcon||4||2 years 9 months ago|
|0||So, what's next? Advice needed. I currently work in Industry in an IT Strategy role and I have been working from the past 2 years after graduating with a BS/MS in Computer Science. I wanted to switch to Consulting because of the slow pace in Industry. I networked my way into 3 interviews - 2 with a Big 4 and 1 with a firm similar ...||tptk14||1||2 years 9 months ago|
|0||very cool & strong young persongood evening,
just started a job at an independent advisory firm that i got as a result of nepotism. interned at their BD's corporate HQ last year & had a positive experience. excited & appreciative of the opportunity. passed my series 7 last month, taking the 66 august 1st
graduated with a ba...||timeismonkey||1||2 years 9 months ago|
|+13||Your Model of Life Is WrongMod note: for the tl;dr version, skip down to "Circa 1960"
First, some background. I’m going to explain how we got to where we are today in order to frame our place in history and our model of life, so bear with me...
A Long Time Ago B.C.(E.)
A long time ago, human civilization began s...||808||63||2 years 9 months ago|
|0||"Why should I hire you?"Heya monkeys,
Through intensive networking attempts (cold e-mails and such), I was recently able to sit down with a director from a top MM and he offered to do an internal transfer of my resume to the Capital Markets division as well as regional head of research. That seemed to be a potentially b...||straightnochaser||8||2 years 9 months ago|
|0||Glorious Taps||Fingerling Potatoes||0||2 years 9 months ago|
|0||stupidest to do.jpg||ivyliga||0||2 years 9 months ago|
|0||Good books for non-finance professional?I was wondering what you guys thought might be a good book for a non-finance professional. Something that gave some clear, basic advice on the likelihood of beating the market, the the problems associated with high fees, etc.
This is for family members, none of whom are doing anything crazy with ...||Markov||1||2 years 9 months ago|
|0||Can I just walk into a bank and get an internship?I'm a 17 year old, UK student that will be walking into banks throughout the next two weeks until I manage to secure an internship. My plan is to walk in, ask to speak to a financial advisor and hand them my CV and Cover letter while doing a small elevator pitch, presenting myself, and asking for an...||strugsebastian||24||2 years 9 months ago|
|0||How to set myself up for consulting...Okay, so I found a post pretty similar to what I am attempting to demystify but it was a couple years old and I just figured I would start a new one.
So to start, I did 2 years of Molecular and Microbiology and decided against being an Orthodontist so I switched to Finance and ended up killing it...||dougiek||23||2 years 9 months ago|
|0||Company Compensation: Capinnova Investment Bank||0||2 years 9 months ago|
|+1||IBanking OasisIn case you all haven't seen the origins of WSO, check it out:
WSO has come a long ass way and I gotta say I love what Pat's done with it. Good work man...||D M||8||2 years 9 months ago|
|0||Second Bachelor's Degree?I graduated from a non-target school with a 3.3 GPA a year ago and have been working in back office operations for a global asset management firm. My end goal is to get an MBA from a top b-school and work in IB, and to help get me there I'm considering getting a second BA from UPenn. They have a pr...||JMurph||9||2 years 9 months ago|
|0||How do I cold call for a position?I've been looking to breaking into IB and PE. Anyone have any good cold calling techniques that I can use. Also, Please give me some resume critique. I could use the feedback.
PM if it's anything serious...||quantitativeman13||4||2 years 9 months ago|
|0||Bonus Bananas July 19, 20131) Sweaty Wall Streeters Skip Booze for Spin-Class Meetings (Bloomberg) - You losers make me sick...
2) Bank of England suspects traders of bond-rigging (BBC News) - The next big story out of London. First LIBOR, now this. When are the fixed income kids gonna learn to play nice?
3) The Future ...||Edmundo Braverman||9||2 years 9 months ago|
|0||Anyone in Toronto need a roommate?Plans fell through with another guy I was planning on living with and I need to find a place in Toronto to live, starting in September. I'm working at Bloor & Yonge and would prefer to live somewhere around there. PM me if interested...||robbert91||0||2 years 9 months ago|
|0||Advice for eventually breaking into investment banking...Hi,
I am new here and out of respect for the internet, prefer to stay anonymous. I just thought I would post here as I am a young gun with high hopes of breaking into investment banking. I really admire what you guys do and hope you will continue to aspire to be the best in your field. That being...||AcornOne||0||2 years 9 months ago|
|+5||My Story (A Thank You Card to Patrick and the Team)I recently received an message to a comment I made how I was able to break into IB as an intern and would like to provide a nice update to where I am in my career.
Original Story from April 2012:
When I started the fall semester 2011, I was coming off a BB MO role and about to start a VC inte...||JBanksohn||18||2 years 9 months ago|
|0||HF or Corporate BankingFirst time post--long time reader.
Any advice on HF vs. Corporate banking for entry level chimp. Two offers and undecided?
Thanks...||Eddie90||3||2 years 9 months ago|
|0||Towers Watson Investment AnalystAnybody know much about this position or the hedge fund alternative? Salary, exit ops, lifestyle are all things I am interested in. Thanks....||FunkMonkey12||0||2 years 9 months ago|
|0||Boutique hedge funds?I had a chat with someone in my network and he recommended small/boutique hedge funds as a good place to start for someone new to the HF world. He cites a flatter structure (more learning opportunities/wearing different hats) and says these firms are more willing to hire and groom talent vs. the lar...||chupadora||2||2 years 9 months ago|
|0||Finance vs. MedicineI'm an incoming college freshman at a T-20 undergrad and am unsure about whether I want to pursue finance or medicine.
Let me preface this by saying that money really isn't my main motivator and I'm actually genuinely interested in both fields. My parents and my older siblings are all physicians,...||janseniv||9||2 years 9 months ago|
|0||Non-Target Resume FeedbackI'm going into my senior year in September and am starting to network with my school's alumni network as well as personal network, wanting to break into a BB or MM. Have alumni contacts at a few MMs and BBs as well as personal contacts at a BB. Before sending them my resume I wanted to get feedback ...||Bluth_Co.||3||2 years 9 months ago|
|+1||Hedge funds can now advertiseLast week the SEC voted 4-1 to end a ban on "general solicitation" by many private issuers.
The general summary is now these private issuers can publicly discuss, advertise investment opportunities, and publicize past performance.
This is also good news for law firms, as they will now be consu...||yeahright||15||2 years 9 months ago|
|0||Company Compensation: NERA Economic Consulting||0||2 years 9 months ago|
|0||WSO Weekly Wrap-Up 07/13 - 07/19In case you missed them, here's some of last week's most popular topics:
Audit vs IB Part 2: Compensation
The accounting compensation is going to be greatly overshadowed by the finance pay. It just isn’t that sexy. Accountants don’t get rich through employment (with the exception ...||computerized||1||2 years 9 months ago|
|+1||Toronto WSO Meetup: Fri July 19, 830PM, Beer AcademyToronto Monkeys - summer is here, it's been awhile since we've gotten together...let's have a meetup!
Join us at the Beer Academy (http://www.beeracademy.ca/), 75 Victoria St Toronto, ON M5C 2B1
Some (or all) of the Toronto hosts will be in attendance: (Lingsha, Snow, Edward, Jordan and Gary...||lingshahu||11||2 years 9 months ago|
|0||Work experience required for MFin or MA economics programs? Do MFin programs typically require work experience? Would it be unfavorable to have no work experience and go to a MFin program straight from college? What about master's programs in economics like LSE's MSc? Also, what types of positions do graduates typically get out of the first or second tier ...||JMurph||0||2 years 9 months ago|
|0||Student contemplating career pathHi guys. I'm a 16 year old high school student from NJ.
Just wanted to start off by saying that ever since I've been little, I've been interested in real estate. Every where I went, I picked up one of those free real estate guide, and pretty much by the time I was 10, knew the average real estat...||mzcool||10||2 years 9 months ago|
|0||steven-cohen.jpg||NorthSider||0||2 years 9 months ago|
|0||Phone interview caught me choking chicken, AMAHi all,
Just got called by a BB for a full-time position. I didn't expect the call but I paused the video I was watching anyway. I answered, got through some of it, and for some reason the video unpaused itself.
Well, it was kind of loud, and the last thing I heard over the shit I was watching...||Kassad||7||2 years 9 months ago|
|0||If you knew a candidate was a WSO troll, would you hire them?I find it funny how some of the college students on here are huge trolls or just douchebags, yet, they also post enough info to be able to easily know who they are. Would you hire them if you saw their name come across a stack of resumes?
I see how one could say, "at least they have a personalit...||Loki777||13||2 years 9 months ago|
|0||wso weekly wrap up_3.preview_7.jpg||computerized||0||2 years 9 months ago|
|0||Help with choosing majors please!Hey guys,
I'll be a rising sophomore at a target school. Long story short-GPA plummeted freshmen year due to underestimating what curves can do (and laziness)/taking random difficult(in terms of grading) classes to explore. I was and still am undecided but feel pressured to transfer/dual degree...||erinsch||3||2 years 9 months ago|
|0||Ordering Brooks Brothers customised shirts and suits onlinehttp://www.brooksbrothers.com/designyourown/designyourown,default,pg.html
Ever wanted to have a full-cotton, double-breasted, double-vented suit with slack lapels? Well, here's your chance...
You get to pick all the options you like, although I'm not sure how they'll ever get anything to fit p...||Angus Macgyver||5||2 years 9 months ago|
|0||Corp. Banking v. Lev. Fin.What would you choose?
-BB corp. banking
-love the group, culture, etc.
-BB lev. fin (more similar to DCM-high yield bonds & leveraged loans)
-70-80hrs/wk...||Texas Tea||5||2 years 9 months ago|
|0||blb||Kassad||0||2 years 9 months ago|
|0||Blackrock Private Equity PartnersAnybody know anything about the group? Have a Super Day with their New Jersey office in a couple days. Mostly FoF? How much direct? What do exit ops look like?...||nontargetPSD92||15||2 years 9 months ago|
|0||2nd year IB ANL - kill my resumeI am looking to lateral to a less specialized group (e.g. M&A or cash-flow driven industry group). Please be brutal to my resume.
Thanks...||ibdana01||18||2 years 9 months ago|
|0||Company Interview: Cambridge Associates||0||2 years 9 months ago|
|0||Company Compensation: Sterling Partners||0||2 years 9 months ago|
|0||Company Compensation: Capital One Financial||0||2 years 9 months ago|
|+1||PLEASE let me know what I would be best fit for professionally.Hey guys, so I wanted to ask where you guys think I would be best fit to make a lateral move into. I have looked into IB, Corporate Finance,and Consulting and I am still having issues choosing a clear career path. I actually graduated and worked a bit in Public Accounting in Audit, the problem was t...||Terps123||5||2 years 9 months ago|
|0||Company Interview: Bank of America Merrill Lynch||0||2 years 9 months ago|
|0||Company Compensation: JPMorgan Chase||0||2 years 9 months ago|
|0||Switching jobs after short time at entry level (consulting to IB)I graduated last May, which means I've been in my current job for about 5 months. Suffice to say I hate it. I'm at a boutique consulting firm in a pretty small town (not super small but definitely no NYC or Chicago or even Boston/Houston). Dealflow ("engagement flow"?) isn't bad. But...
--consultin...||MaximA||10||2 years 9 months ago|
|0||am I in the wrong industry if I have this weakness? I'm not interested in a trading career but I want to pursue a career that is market related so I felt I could get the best responses in this forum section. It seems that more and more interviews contain brainteasers and mental math. An interview can be going great but I completely screw these up.
...||rza||7||2 years 9 months ago|
|0||Company Interview: JPMorgan Chase||0||2 years 9 months ago|
|0||Introduction and Quick QuestionsHey guys,
First off, thanks for reading this. I've known about WSO for a couple of months but have only started to really dig into the site in the past couple of weeks. The community here seems fantastic and very helpful for people interested in banking and other finance-related areas. I'm leanin...||afroman99||4||2 years 9 months ago|
|0||Location, location, location?Hello Everyone.
About 5 years ago I decided I wanted to work on Wall Street as an IB. Unfortunately, I went to a non-target university in the southwest and after college I started working for other southwest universities as an HR analyst. Even though I graduated in Finance, I was looking for emp...||blueduds||3||2 years 9 months ago|
|0||Tales of the Trading Floor: Share your storiesI thought it would be funny if people had any memorable tales from when they interned in markets. There is always good banter/stories worth sharing....||Mont||20||2 years 9 months ago|
|0||Importance of II-Rank when Moving to Buy-SideHow important is the relative II-rank of one's analyst when looking at the move from the sell-side to the buy-side? I know it's a big deal to get ranked, but will someone who worked for a first ranked team get a lot more consideration than someone who worked for a third ranked team? What if the pers...||revoad||4||2 years 9 months ago|
|0||What makes a great letter of recommendation?While LORs often have a lower value on a business school application than other benchmarks such as GPA and GMAT/GRE, they can often be the deciding factor for an admission.
What makes a great LOR? Outline the best one you received? How do you think business schools assess the strength of LORs? ...||PutINweRK||7||2 years 9 months ago|
|0||Company Review: Dow Jones||0||2 years 9 months ago|
|0||baby-monkey.jpg||kingoftheotherroad||0||2 years 9 months ago|
|0||New Job on Resume?So I started a new job a month ago. Since before I got the job I had been in the running for an upcoming LDP with another bank that starts in January. Even though I haven't officially applied, I've made it to the final interview round. Now it's time to officially apply. The last interview I had with...||Hoogers||4||2 years 9 months ago|
|0||Disadvantages of working at a VC FoF straight out of undergrad?Would you be able to move to traditional PE, VC, large FoF, or IB after this? Or does it limit you?...||Loki777||2||2 years 9 months ago|
|0||algorithm_1.jpg||kingoftheotherroad||0||2 years 9 months ago|
|0||Rising Junior Resume Review - Transition from Corp. Finance to IBI'm currently a rising Junior and want to break into IB eventually. The problem is I have a Corporate Finance/Accounting background.
How would I 'bankify' the top bullets of my resume? What kind of wording and phrasing are they looking for? If you guys could help me direct these bullets more t...||kshoop321||2||2 years 9 months ago|
|0||AMA mm pe.png||AndyLouis||0||2 years 9 months ago|
|0||Undergrad Prepping for FT RecruitmentJust added this summer's internship to my resume: want to know what you guys think heading into full-time recruitment. I definitely aimed for this internship to be the focal point of my resume, but I feel like there are parts that are too detailed.
I honestly just finished up and haven't had tim...||CodeBlue||7||2 years 9 months ago|
|0||Rate my resume contentNon-target School - Accounting (Information systems minor) 3.3
Master's in Tax 4.0
KPMG structured finance intern - MBS/CDO
Freddie Mac finance intern
government contractor intern
Campus fellowship leader
Dean's List 2009,2010
fluent in 2 languages
proficient in 2 languages...||randomnameforme||7||2 years 9 months ago|
|0||Company Compensation: Oppenheimer||0||2 years 9 months ago|
|0||Why the F*** is Bloomberg subscription so expensive?Was looking around at subscriptions, or as bloomberg calls it 'terminal' and realized that it was close to $20,000 per year.
Does anyone have a subscription, if so, whats the big deal? ...||GimeThatBanana||13||2 years 9 months ago|
|0||Fake BoobsHow can you tell fakes from real apart from giving them a feel.
This chick at work who I never noticed before was wearing a tight t-shirt and lets say i realised she is well endowed it that dept. She came over to ask me something and there was only one place I could focus. I do hope she didnt rea...||random99||28||2 years 9 months ago|
|0||Model for private debt investing?Hi all,
I'm wondering if anyone can share a model that analyzes whether to lend money to a company in distress. Senior, collateralized, preferably in PIK form, but anything similar are better than none.
Many thanks!! ...||uoft2013||3||2 years 9 months ago|
|0||Accretion/Dilution QuestionHi all, I'm getting ready for an early interview with a boutique in August. I got this question in a practice interview with an analyst at the firm:
If the company buys back shares at $9 per share and book value is $13, by what percentage does each dollar spent on share repurchases increases book...||blue.devil84||2||2 years 9 months ago|
|0||Company Compensation: JPMorgan Chase||0||2 years 9 months ago|
|0||Anyone selling CFA Level 1 Stuff (books, etc)?I would be interested in buying. I understand if you guys want to wait until you get results back....||SFRE||3||2 years 9 months ago|
|0||Rising Junior - SA resume helpHey guys. Need some help on my resume before SA recruitment starts. I know I don't have any actual work experience, but I tried spinning my resume so that it would be passable. Any help would be appreciated and suggestions on where I should look for a job in the summer. Thanks alot!...||ceom||6||2 years 9 months ago|
|0||Why do people want to go into ER?I am doing an ER internship and I don't like it that much.
A lot of reading 10ks and trying to build a model that is somewhat similar to the broker research benchmarks.
What's so attractive about it?...||DictatorCloudy||36||2 years 9 months ago|
|0||UNC Senior: Chances of acceptance into Harvard 2+2?I'm going to be a senior at UNC Chapel Hill in the fall. I'm finishing my double major in econ and business. I'm signed up to take the GMAT in September, and I want to get some idea of how well I need to do. I don't want to go straight into the MBA, so I'm taking it solely for the 2+2 program (at le...||Sensaition||12||2 years 9 months ago|
|0||Company Compensation: Citigroup||0||2 years 9 months ago|
|0||Resume: Research Associate/IB Analyst in Canadian FirmsHi, guys,
First of all, my name is not John Doe. I am in an awkward situation with regards to career prospects. I am an MBA and CFA Level 2 Candidate in Canada that isn't a recent graduate. I am also enrolled in the CA program, but that's not something I tend to include on my finance resumes.
...||It's OK||9||2 years 9 months ago|
|0||Get the best financial products and financial servicesIf you are concerned about the financial security or term return of premium, you can get the best financial products and services from some of the most trusted financial services providing company. They have tie-ups with some of the leading cheap term life insurance and lic term insurance service pr...||indipolicy||2||2 years 9 months ago|
|0||Company Compensation: JSB-Partners||0||2 years 9 months ago|
|0||BO To Corporate DevelopmentHey Guys,
I have been slowly making my way from a BO position at a bulge bracket job to a FO position. Here's my story:
- Graduated from a semi target state school with average grades.
- I spent 3 years in BO (funds accounting) for a bulge bracket bank
- Spent the past 2 years working in val...||BankerC159||2||2 years 9 months ago|
|0||I feel bad for "target" studentsSimply put: Non-targets have a better story once they become successful....||kingoftheotherroad||59||2 years 9 months ago|
|0||cash.png||AndyLouis||0||2 years 9 months ago|
|0||dislike.jpg||ivyliga||0||2 years 9 months ago|
|0||The problem of being international Hello fellow monkeys. I am new to WSO, and this is my first post. First of all, I'd like to express my appreciation for this website and the resources it provides. Thanks to all of you, you guys are awesome!
The question I want to bring up is pretty simple - how much harder (if at all) is it for ...||Wolf_91||39||2 years 9 months ago|
|0||Closed End Fund Arbitrage ModelingHi guys, I'm an IBD analyst trying to learn how to value / model closed end funds. All I've been able to find online are random qualitative write-ups on the general strategy, but nothing of substance on how to actually model these out. Any suggestions or advice you might have would be truly appreci...||Nick_9||0||2 years 9 months ago|
|0||toon.jpg||RSLA||0||2 years 9 months ago|
|0||Giving performance reviews to HR during lateral process?So I am at a 1st-going-on-2nd year analyst at a MM bank and I'm looking to lateral. I have 2 performance reviews, both of which are positive.
Is it acceptable to give these to the new bank HR team (during the interview process) as support for why I'm a good candidate? If so, when in the process ...||g0ttag0||0||2 years 9 months ago|
|0||thinking.jpg||ivyliga||0||2 years 9 months ago|
|0||Fake ID in CollegeI attend a target university and so many people on campus have fakes. Every week underage freshmen and sophomores go out to the bars and clubs, as if it is completely normal to have a fake ID and frequent these establishments. I am all for having some fun and drinking at parties, but it just seems s...||moneyprestige||32||2 years 9 months ago|
|0||knauss-trump-portrait1.jpg||TripleNet||0||2 years 9 months ago|
|0||Houston M&A/consulting, A&M may '14 grad, what are my chances?monkeys, i'll try to make this a long story short. I'm at A&M, doing well GPA wise, 3 internships under my belt and the one that i'm at right now at a BB thankfully enough, the other two were pretty shitty. junior year I interviewed with most BB's for a bunch of analyst roles, but this year i've dec...||brainwashed110||5||2 years 9 months ago|
|0||Company Compensation: Accenture||0||2 years 9 months ago|
|0||PDF to Excel converter that works?Does anyone know of a good PDF to Excel converter that you can get for free online?...||craigje1992||5||2 years 9 months ago|
|0||latex_logo.png||Mr.Mathie||0||2 years 9 months ago|
|0||Company Review: Fisher Investments||0||2 years 9 months ago|
|0||Financial Analysts, Meet SkynetThey trade billions of dollars worth of instruments..why can't they do this?
[quote]Can an Algorithm Replace Stock Analysts?
Now the company says it doesn’t just want to do the job of business journalists, but also the work done by financial analysts.
At yesterday’s demo day for the FinT...||watersign||4||2 years 9 months ago|
|0||Outlook on Fixed Income?I've been hearing that financial institutions everywhere are shutting down/downsizing their Fixed Income division, to what extent is this true?
Been doing ER for about a month now at a BB and honestly the work is a little to qualitative to my liking, would definitely want to try something a littl...||haxx0r31337||0||2 years 9 months ago|