WSO Weekly-Wrap Up (9/1-9/7)

In case you missed them - here are some of the hottest topics from the past week:

How to be THAT associate

"September: the time of the year when hundreds of newly-minted MBAs are unleashed upon their new groups. If you master the following key phrases, they will help you stand out from even the toughest and most prestigious competition..."

Make sure to see the response to this in How to deal with THAT associate
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Is Banking Worth The Time?

"These analysts endure punishing hours for a paycheck that can be near minimum wage on an hourly basis. After a couple of years, most analysts will attend a prestigious MBA program and drop down several hundred thousand in tuition and lost wages/opportunity cost. Is this really the best use of our time?..."

How to phone interview like a BSD

"Since we’re headed into recruiting season now, thought I’d share what I learned..."

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Q&A with a Fixed Income Trader at a Major Bank
"If you're interested in a career in trading or just want to learn more about an interesting career path and the people in it, then read on for an in-depth and informative look into the life of a fixed income trader..."

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Let's Rank FEMALE Bankers as DATES
"So last month member Bankerella caused a lot of commotion with dating advice and actual rankings for MALE bankers. Her conclusions were (and we may or may not agree with it) that male TRADERS were the best out of the crowd/asset classes, as being the most self assertive and I guess empowered guys out there. I wanna turn this thing around, now let's see if we (the males) can RATE THE WOMEN according to their rank and file..."

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Job of the week:
Private Equity Analyst
Location: NYC
Compensation: TBD
Details: OWe are looking for an exceptional pre-MBA with at least 1 year of experience to join its team. Prior investment experience in Investment Banking, Private Equity, Venture Capital, or Distressed Investing is strictly required. Candidate must possess exceptional communication and analytical skills as well as a degree from a top tier college or university.
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Member of the Week:
Big thanks to Frieds for doing a very informative Q&A series, see part 1, part 2
 

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Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

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success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”