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For those of you who have had trading experience or have shadowed enough traders during internships, what is the usual P/L of a trader per day for any desk that you've observed... like let's say a cash trader on a good day would have 10k profit while on a bad day 50k losses... maybe...
Greatest P/L in one day by desk 		ambition56122 years 23 weeks
Can somebody talk about Citi's presence in Chicago? I'm assuming Diversified Industrials is based there, any other groups? Also, what's the culture...
Citi Chicago 		TheHungryOne112 years 23 weeks
I've applied for Research Analyst at Morgan Stanley, Summer Internship 2011 (http://www.morganstanley.com/about/careers/careers/programs/articles/455.html) . I'm in my penultimate year studying towards a Master of Science in Finance. Can anyone who have done this internship just...
Morgan Stanley Summer Intern - What does a day look like? 		ZapHod66602 years 23 weeks
Hi all, I am currently a big4 junior in southeast asia looking to break into wallstreet, my main target is ER or AM. Please let me know what I can do to improve my resume as a recent colleauge hooked me up with a BB and they are asking for my CV. Please help me out, any comments will be greatly...
Please comment this resume. Need help fast!! 		Jose Marino92 years 23 weeks
Hi guys I'm trying to break into ER. I have some good ideas and I can do the writeups but I need some help with the modeling part to add some authenticity to a report...or at least show people that I can model. I do know some people who do ER and would be willing to take a look, but I want to...
Cold model 		ihatemoney02 years 23 weeks
I applied for summer analyst position in Citi, and uploaded my resume (which was supposed to be 1 pg) after submitting, I realized that the uploaded resume actually ran a line over to a second page! The instructions specifically said it had to be 1 page long! Do you think they will not consider me...
Summer Internship RESUME ERROR 		frozen_memory42 years 23 weeks
Serious four questions please. Context: + Sometimes being with my girlfriend can take over an hour and it exhausts me. And when I sleep after that I'm really exhausted. I feel I have low energy on the morning after and sometimes feel weaker at the gym. + She's quite demanding...
Tricks to saying no to your girlfriend when choosing work 		GotBushels272 years 23 weeks
Established in 1997, the Firm is a leading financial institution in Chicago with an established track record of success in proprietary trading. It specializes in inventory and risk management, using state of the art technology and proprietary tools and is heavily committed to building the next...
Job: Options Trader- Chicago, San Francisco 		02 years 23 weeks
Right now i'm in my second year of an Honours BA in Econ at a B.C(canada) uni, and was hoping to get a starting job abroad with an investment bank, analyst hopefully and specifically in Eastern Europe(Russia, Ukraine, etc) i was wondering if anyone has worked abroad and if they accept North...
Analyst/I-banking abroad 		maxim.sharov32 years 23 weeks
Buddy of mine is placed as "first in priority". No idea if any offers have been handed out yet and the HR contact keeps saying they need "headcount" before they hand out offers? Anybody hear back with an offer? I know some rejections have been handed out...
Black Rock FMG (Financial Modeling Group) 		morningsoup02 years 23 weeks
I've applied to Merrill Lynch Wealth Management Summer Analyst Programme in London and I'm trying to get a better understanding of what I'll be doing as an intern. Reading previous post on the subject it seems like I'm better off sanitizing Chernobyl or clear the dung out on...
Merrill Lynch WM vs Chernobyl Sanitize Team 		ZapHod66642 years 23 weeks
Any idea how to find startups to apply to / how to get a job at a startup / do they even hire entry level analysts? Obviously, well-funded/VC backed startups would be where I'd want to work, but how do you even go about applying/finding these startups? Just looking on VC sites and their...
Working at a startup as entry level 		brutalglide22 years 23 weeks
I was wondering what the success rate of moving from operations to the front office is? For example I am looking at GS operations job, offer pending. I have other interviews going on which would be middle office positions. The other interviews are at big asset managements firms, supporting...
Ops to Front Office? 		barcachimp182 years 23 weeks
How does one become the best trader out of a group? Also how do you know if you are a good stock trader or...
How to be the best trader 		future-ib132 years 23 weeks
College junior, looking at summer internships. I've been interested in M&A for the past 1-2 years, and relatively recently after speaking to some people in FIG it caught my interest as well. I think I would enjoy covering banks etc., but I might want to move into PE after my analyst years,...
FIG --> PE 		MurdersNExecutions132 years 23 weeks
Hi guys, How is it going? I have a question about the MSF programs and schools and my shots at them, and I hope to receive some insights and opinions here...
MSF Programs & Schools - My Shots 		Ernuz242 years 23 weeks
So whats the financial rationale behind this deal? If this is a strategic play, which I think it is (Bright Food being a strategic), then what would be BX's exit strategy? Its pretty unusual for a strategic to team up with a PE fund since they have opposite plans (PE wants to exit in 3-5 years...
Blackstone/Bright Food - GNC 		wamartinu52 years 23 weeks
Trade support specialist for a long established private asset manager/broker dealer. Boutique firm is located in mid-Manhattan. Requires five years experience in trade support on Wall Street. Proficient in Excel, with strong working knowledge of Microsoft Office. Knowledge of Access and...
Job: Wall Street Trade Support Specialist 		02 years 23 weeks
I'm about to send this cover letter into GS Chicago do you think it will get circled among banks? Dear Hiring Manager: Please interview me. Why? I can stay up and burn the midnight oil. Can go pickup food orders with out screwing it up. Realistic about what tasks i'll be...
Structured Finance Desk Cover Letter 		blastoise62 years 23 weeks
Hi all, So I'm currently working on finishing a semi-automated trading system that helps me screen a large number of stocks and coming up with short term buy or sell recommendations using a simple algorithm I made up. Basically, I am wondering how I should market this when I apply for...
How do I market building a trading algorithm in interviews? 		diddykong8992 years 23 weeks
Hi monkeys, Did anyone receive an offer that includes a large portion of what might otherwise be the base salary earmarked for "housing and transportation allowance"? If so, do you know how this may be spent? Can I buy a car with this money? Can I make payments on a car with this...
MBB Housing / Transportation Allowance 		persimmon122 years 23 weeks
Surprisingly, I haven't seen a previous post to get this info - does anyone have a rough probability of getting accepted after being waitlisted? I'm sure if varies by school but I am looking for just a rough probability. Thanks in...
CBS Waitlist 		GOBlue2422 years 23 weeks
I recently was invited to attend UBS's winter reception, but the problem is that attending would mean delaying my flight home by 4 days and costing an extra $70 on plane tickets. For those of you that have attended these kinds networking sessions in the past, what were your experiences? Do...
BB Winter Reception Worth Attending? 		accountspayable22 years 23 weeks
After a good year of banging my head against the wall and cold-emailing/cold-calling firms to try to break into trading, I lucked out and got a friend to connect me with a direct link with a recruiter, with whom I will be speaking next week. I'll be frank about my own quals: 1....
How much can a headhunter help you? 		ivoteforthatguy02 years 23 weeks
I am attempting to put together a group of young finance professionals in Chicago which will be very similar to groups already formed and doing very well in Houston and Dallas (www.ypfinance.com/houston). This group would be formed to help everyone network, have guest speakers, and perform...
YPF Chicago 		HFFBALLfan12302 years 23 weeks
Hi everyone. I am currenty a senior in college and my school online internship/ job network is terrible. I recently started applying online trough the carreer section corporate websites for internships. I applied to 8 internships and none of them got back to me. No rejection letter or...
Applying on company website 		collegekid8932 years 23 weeks
I am going to be speaking with the Assistant Director and Professor that heads up the program next week. Anyone have any questions that they want asked? Post here and I will link the interview when I do it....
University of Illinois- Urbana Champaign MSF Interview 		TNA152 years 23 weeks
And the races I've participated...
Will I get dinged for listing sailing as my interests? 		Adam Smith202 years 23 weeks
I have an interview coming up and they requested a video conference. My school charges $80 to use a video conference room, and I was wondering if I can just use Skype (I have my own online number, so they would call that and I can do webcam). Have anyone done video conferencing before? If so,...
is Skype sufficient for Video Conference interviews? 		FXSA201082 years 23 weeks
Good morning WSO, During my morning "surf the web" ritual, I stumbled across this article on Yahoo: http://news.yahoo.com/video/us-15749625/laser-hazards-for-pilots-landing-planes-23407336 To summarize briefly for those who don't have the time, the article is about a...
Well this just seems outrageous. 		moranges92 years 23 weeks
i am evaluating two offers (both in nyc) as a second year lateral from a smaller bank - which is better for exit opps to decent PE funds (probably a tier below madison dearborn or JLL) - also, if i decide to stay in banking beyond the 3rd year, which is better for transferring to an...
Deustche Bank LevFin vs. UBS LevFin 		j.krizk112 years 23 weeks
Does anyone know anything about Canaccord Genuity's Sales and Trading team? What's the companies reputation other than being Canada/UK based....
Canaccord Genuity 		dbm198812 years 23 weeks
Hey guys, How does Lazard compare to banks like Citi & DB? I have offers from these three in London so would love to have feedback about their respective brands/dealflow etc..right now I am leaning towards Lazard but don't know much about its culture and how it compares to bigger...
Lazard vs Bulge Brackets 		IBDlondon2011472 years 23 weeks
Hey guys, Does anybody know of any publications / periodicals that deal with hedge fund compliance...
Hedge Fund Compliance Publications 		roymondito02 years 23 weeks
I could really use some advice here guys. I'm a 5th yr senior, have a pretty strong resume, good grades/school, had a ton of banking interviews this fall with not much luck. I could have graduated last may but came back another year to try to line up an analyst job. *[next two paragraphs...
NEED HELP,WEIRD SITUATION 		Canundrums12 years 23 weeks
[quote]“You only find out who is swimming naked when the tide goes out.” “A girl in a convertible is worth five in the phonebook.” “Let blockheads read what blockheads wrote.”[/quote] Yeah, solid small talk there Warren. Got to go return some videotapes now. It’s no secret...
A random walk down an efficient market 		Jorgé42 years 23 weeks
did anyone else hear back yet from the icap final round that was on...
ICAP Final Round 		futuretrader199902 years 23 weeks
I just had a Morgan Stnaley phone interview for an operations analyst position. The recuriter just asked me very basic questions. Previous employee/salary/job description/gpa and then a behavior question and pretty much hung up the phone. The interview was no longer than 5 minutes. This was an epic...
Morgan Stanley Phone Interview Bomb!! 		mjali001162 years 23 weeks
Someone I had never met at a BB just called me out of nowhere saying they were looking at candidates and my name came up. We had a brief phone conversation that I think went fairly well. It's obviously a good sign, but since recruiting season hasn't even started and I have not...
just got a random phone call from associate at BB... 		bugattiveyron42 years 23 weeks
Fellow WSO-ers, I am a prospective monkey looking to get into the HF industry (I like Mortgages), and I was recently reading an article about Druckenmiller closing his fund. I started thinking about Warren Buffet and some other legends of the industry growing quite old and I am wondering how...
Hedge Fund Succession 		Livingston12 years 23 weeks
I've recently been thinking about several investment ideas for my personal accounts, one of which centers around my bearish view of the bond market...which has lead me to TBT. From this post, I'm looking to generate the following dialogue: 1) How QE2 has effected the market and more...
TBT WTF 		wiggityWACC182 years 23 weeks
I was curious to know if people with direct experience working with the real estate asset management team at a top BB? A few questions... 1) Do BB usually invest directly into properties, evaluate potential acquisitions, and manage tenants, and hire property management firms, etc. ....or do...
Real Estate AM at a BB 		hellonyc12 years 23 weeks
I am going to a school that offers a freshman study abroad program with a 6 week internship. I am ultimately interested in going to HF or PE, but know I need to start in IB. I have received my internship and am looking for some advice/opinion. Based on my preferences how does an internship at...
freshman Year Internship 		thepuh32 years 23 weeks
...
x 		nmbrluvr22 years 23 weeks
I've literally been playing hide and go seek with this ceo of a boutique for the past 2 months now.... in the last 8 times i've tried to get a hold of him, I've managed to get a hold of him once (last week) where he told me he's too busy to talk right now (after market...
Annoying or Persistent, Can't really tell the difference 		wallstreetballa172 years 23 weeks
My Global Economic Policy Professor showed us this hilarious video yesterday as farewell during our last class. http://www.youtube.com/watch?v=PTUY16CkS-k What do you guys think, and its amazing, how many people on main street will actually think this is...
Quantitative Easing Explained 		net2adeolu22 years 23 weeks
Anyone use this site? I just downloaded it for my Iphone and have been playing around. It looks pretty interesting and apparently Bloomberg supports it....
StockTwits 		TNA12 years 23 weeks
Though I'm afraid they'll find it's too little, too late, someone is finally taking Dick Fuld to task for cratering Lehman Brothers and helping himself to hundreds of millions in compensation while he ran the company into the ground. In a rare instance of poetic justice on the...
Poetic Justice: Lehman 401k Sues Fuld 		Edmundo Braverman12 years 23 weeks
http://www.cbsnews.com/8301-501465_162-20022526-501465.html Now it's getting ridiculous. I did not think they could make travel more odious, but now they have. TSA screener: a perfect job for perverts and child molesters...
I miss the days when the TSA just stood around doing nothing 		ivoteforthatguy402 years 23 weeks
Did anyone hear back from the 11/6 superday or from the ones from October? How long does it usually take for PAG to make offers? HR told us on the day that they will get in touch with us within a week regardless of the decision, and I knew people who got rejected by phone that week. And last time...
BlackRock PAG SuperDay 11/6/2010 		BarryNYC222 years 23 weeks
Monkeys, if you're not familiar with Mixergy - every day they feature an interview with a successful entrepreneur that walks through how they built their business, what their challenges were, what they've learned, etc. It's a fantastic resource for both entertainment and...
How WSO Was Built - Patrick Interviewed on Mixergy.com 		CaptK302 years 23 weeks
I was looking for the latest piece from Thomas Lee, if anyone can post it or send it to me via PM, I would really appreciate it. Thanks...
Anyone From JP Morgan With Access To Research ? 		MrFuture02 years 23 weeks
Ive visited a TMT desk at a BB, what I find really interesting is that they deal with the companies Ive been following and almost worked at with my engineering background. Its almost a natural fit, since ive been in technology all my life high-tech products just make sense and I have pretty good...
TMT 		kiwiserv12 years 23 weeks
just starting in repe now, fund has a pretty broad mandate (including take privates and buildups of opcos in hospitality etc.) so ive gotten a good balance of exposure to asset level and company level deal work if i want to lateral to a more traditional corp buyout position, do options exist?...
repe to corp 		bankbankbank32 years 23 weeks
Everyone has the story about one kid asking a stupid question, and everyone coughing "asshole." But do you have any truly embarrassing OCR stories? Share...
Your story here: Kids embarassing themselves at recruiting events. 		wolfy352 years 23 weeks
Hey guys I have a hedge fund interview coming really soon (in a month). I met the hedge fund manager through his wife while working at my current job. They are currently a private fund and haven't gone public. I don't know what to prepare for other than hedge strategies and basic...
Hedge Fund Interview 		mjali00112 years 23 weeks
Are their any S&T firms/teams that are not the obvious Bulge Bracket or large banks but have a serious impact? (And not Baird, Jeffries...
S&T Firms other than Bulge Bracket 		dbm198862 years 23 weeks
Is applying online really the blackhole if: 1. The bank recruits on campus and has the school team reviewing resumes from that school 2. There is on campus resume drop but its not open to...
Applying Online 		fgh12352 years 23 weeks
What would be the best way to list an independent consulting project on your resume? Would you just list it as 'Independent Consulting Project', or could you use the name of the company you assisted? i.e. ''Okonkwo's Yam Shack - Independent Business Analyst' or...
Independent Consulting Project on Resume? 		Opi62 years 23 weeks
Seems Julian may soon be getting what he so richly...
Assange is going to jail 		drexelalum11372 years 23 weeks
I'm current working at a PE fund of funds hoping to make the transition to direct investing. During a recent round of interviews with a middle market PE firm, I was asked to build an LBO model from scratch. Lacking any training or prior IBD experience made this task pretty tough and I was...
Financial Modeling Training 		ledo7742 years 23 weeks
Through a lot of a$$ kissing over the past year which I stepped up even more in the past few months, I have two job opportunities at two firms. One is a BB and the other is a boutique. I won't go into a lot of details on the boutique except to say it works with top hedge fund managers of past...
Expected First Year Salary as Jr. Trader 		brooksbrotha62 years 23 weeks
Hey everyone - While networking for a summer S&T analyst position I was able to get in contact with a director on the High Yield desk at a BB. After exchanging numerous emails, the director invited me to come in and sit on the desk. He mentioned at the time that it was a busy day, so it...
How to approach contact about putting resume through 		tdwick00452 years 23 weeks
I probably don't even need to point you to the evidence since it's all the rage right now, but just take a look at the thread IB vs trading or whatever it is. I started this thread so that I could sit back, laugh, and say, "I told you so!" See http://danbush.ytmnd.com...
HAHA - DAN BUSH EXPOSED! 		lbomonkey292 years 23 weeks
Its now 8:30pm and I've been toiling all day and night on something given to me yesterday at 2am. To all the ladies around, what is the best way to solicit action? Do you just approach a girl and be frank, or do you start on a different...
Getting Laid 		Dan Bush292 years 23 weeks
I'm curious to know...what are the trends in suit styles on Wall Street for Associates and VPs... 2 button or 3 button? Do most stick to conservative 2 button styles? 3 buttons seem to be more young and...
Suits...2 or 3 buttons? 		Monopolisf162 years 23 weeks
I'm curious to know, how do bulge bracket analysts and associates make time for recreational activities such as going out, meeting friends,...
Making new "friends" as an analyst/associate. 		Monopolisf772 years 23 weeks
he's building his own company and selling it LOL he also wrote on another thread that he's working in IB this summer but wants to interview for S&T fulltime...im trying to find it, this is too funny, i cant undersatnd why a guy would lie so much on an anonymous...
dan bush doesn't have an offer 		prospie42 years 23 weeks
I own this fucking forum. I've posted more shit, and contributed more than anybody else. King Kong aint got shit on me. Everyday you wake up eager to see what I post. Admit it, you want me here. You want me on this forum. You need me on this forum. If Bill Clinton can survive, Dan Bush can...
I'm here to stay. 		Dan Bush182 years 23 weeks
Many on the board are building a wardrobe for either IB interviews or full time. The dress at most firms is shitty except for a select few. Here are the tenents of good IB dress: 1. Aviod Brooks Brothers or anything that looks like Brooks Brothers. It is for 50 year old men who lack sartotial...
Bankers Clothing Compilation 		Dan Bush782 years 23 weeks