Silver BananaTopicReplies
+3
WSO Hall of Fame: Equity Research

WallStreetOasis.com

The Wall Street Oasis Equity Research Hall of Fame provides a comprehensive collection of some of WSO's best discussions on the equity research industry. Keep in mind this Hall of Fame does not include Q&A sessions by WSO veterans. To view a full list of Q&A’s & Interviews please navigate ...

-
+6
Future of Equity Research - 12+ Months into MIFID II

LDNFinance

Just came out a client meeting on the dynamics of the Equity Research industry following the implementation of the industry killer aka MiFID II. Here are a few insights: #### Pros: 1. Due to the changes in fee structure and the quarterly evaluation of research providers by the buyside, banks are...

8
+1
Are my "Qualifications" Likely to get me an interview for Career Change to ER?

IRnerd

While I have always enjoyed researching the markets and have been a professional researcher for a while now (albeit in a different industry), I have been thinking for a long time about taking the leap and changing careers to Equity Research. I am finally mentally ready to go this route, but my quest...

5
0
Goldman Sachs Tactical Research

M8R-6kfgp21

Hello. Does anyone know what Goldman Sachs "Tactical Research" does on a daily basis? What are the exit opportunities from such a position?...

4
+1
Capital Group Data Analytics Rotation and Training Program

cseltzer19

I recently applied for the DART program at Capital group, and I am about to take the HireVue interview. Anyone have any insights to the company/ this interview process? Thanks!...

1
+1
Two-hour modeling test coming up - looking for help

Brsammy

Hi everyone, I have an upcoming two hour modeling/writing test for an ER associate role at bank. I have been mostly preparing for it using the guides available online (BIWS and the youtube videos on financial modeling), but was wondering if anyone could offer some help with the resources. I did s...

3
+32 5
+10
Equity/Credit Research Bonus Discussion

multplecontraction

There's currently a bonus forum going around on the banking forum, would be great if we could get something similar going for research so we can all get a pulse on where everyone stands. Try to stick with the following format: Title: Rank: Bank Size: Base/Bonus: ...

48
+1
Job Offer buy side

lakshmiganapathi

I got interviewed by a hedge fund manager in August. I pitched few stock ideas and he liked it. He said he wants to hire me. He reached out recently and said “I would like to set a time to meet the team.” Does it mean I got the job and he will discuss numbers? Or will I’ve to go through anothe...

3
+1
Changing the "most important number in the world"

The White Bull

The LIBOR rate (London Interbank Offered Rate) is one of the most important numbers in finance, which helps to calculate the returns for various securities. But it is to be phased out by 2021, owing to[ inherent weaknesses](https://dealbreaker.com/2015/06/admissions-of-widespread-libor-manipulation-...

1
-
-
-
-
-
-
+1
Need Advice: Equity Research in Asia versus Market Risk in NYC

LLL_LLL_LLL

Need some advice to compare two offers listed above, both from bb. **Work**: Equity Research: In a newly established tactical Equity Research team. Would like more information on this. Was told that the team is mainly responsible to discover misprice in mid-cap stocks in Asia that have not previou...

1
-
-
-
+2
How to prepare for earnings season?

DECS10

We're in it but can any one help with some tip and tricks on how to best prepare for earnings season? I'm looking for something that will help make it smoother - what have you found has been the most helpful in the weeks leading to up, day of, and afterwards. Thanks....

4
-
-
+1
LBS Master of Financial Analysis Interview

HA101

I have received an interview invite. I was wondering if there is anyone who can share their insights about the interview process. What kind of questions should expect? are there any situational/behavioral based questions? Do they reject a lot of people at the interview stage?...

2
-
-
-
+2
Switching Office Locations

Chiwhomst456

I have currently been working in ER around a year now in Chicago. Things have been going well but my fiancé just got a big job offer in New York. I am hoping I can ask my senior analyst,l if I can just work out of the New York office, but am thinking that might be a bad move. I just wanted to see i...

2
+2
Need some career advice for undegrad junior without SA internship offers

galashoww

Hi. I am a non-US citizen (from Asia) going to one of Ivy Leagues with 3.6~ GPA majoring in stats and econ. I have had two internships in the past (one in a long-biased asset management firm back in my country and one that is related to real estate). I am very passionate about equity research, and...

5
+1
Healthcare - best sub-sector for exit opps?

numbersloth

In healthcare ER, which sub-sector (healthcare IT + distr., facilities + managed care, biotech, pharma, life science tools and diagnostics, med tech) provide the best exit opps? How do they differ across the sub-sectors? Which sub-sectors are up and coming and which are on their way out?...

2
-
+1
salary/compensation at biotech ER entry level

ritika-das

Hi, I have a tentative offer from a biotech ER group in a small boutique firm and was told that my total compensation would be between 80-90K as an entry level associate. Also, the MD of the group hiring me said something about there being upside from the companies they cover. This is my first finan...

1
+1
Confused about deferrals in EA/TTWO/ATVI

casualgamer

Last semester of college brings a lot of free time, so I've been studying the video game industry in the meantime... Sorry if this is generally common sense. What exactly does "impact of GAAP deferrals" mean as stated in ATVI's releases? For instance, in Q3, GAAP net revenues were $1512m and $146...

1
-
-
-
-
+1
MD in biotech ER: long term career advice

pancho23

Hi guys- just wanted to get your opinions on career trajectory long term. To give some background I just started working in ER as an associate in biotech. I have an MD and just finished my internal medicine residency in the summer, passed Level I and II of the CFA as well, taking Level III in June. ...

5
-
-
+1
Anyone know any remote equity research internships/companies that hire remote interns?

fomo120

Hello I'm looking for entry level remote equity research internships/positions and was wondering if anyone knows any specific companies that hire remote ER interns? I don't care about the pay (as long as I could get at least minimum wage) since am more interested in the modeling/research. I have so...

3
-
+1
Football field graph - how to reach min and max DCF values?

LCHMan

Hello everyone, I'm a junior monkey trying to learn how to properly compose a football field graph and I'm looking for insight into what makes a successful one. Which variables should I take into account and what ranges should I be looking at to get proper min and max values for the DCF method?...

3
+3
2.4 GPA, non-target school, previous e/r intern, NEED NETWORKING ADVICE

ebitdapizza

Hey guys, I have 2.4 GPA, attend a non-target school, secured an e/r internship in a boutique investment management firm last fall, and I'm having a hard time getting another internship for this coming summer... looking for creative advice and tricks about networking (anything other than LinkedIn n...

13
-
-
+7
TMT Internet Industry Outlook Report

wallstreet_hacks

I have some great reports. TMT, Internet Industry reports by BBs. One report is on 2015 U.S. Consumer Internet Outlook 476 pager!...

84
+1
Recommendations: Academic Research

Callmemax

Hey everyone, I'm currently searching for a topic for my bachelor thesis and I am planning to read some academic research to get a sense of what other people in the finance world write about. Since I am unsure where to start, I'd appreciate recommendations on papers you enjoyed reading/found thoug...

1
+4
Need career advice.. PLEASE help

Yankees_28

I've read many threads on WSO that dealt with career advice, but was hoping to get some input on my situation. Background: went to a non-target private school in the south (decent reputation and ranked business school) and graduated with honors, currently working at a BB in a BO function (think co...

13
0
Firms that take freshman (going into sophomore) interns for ER

Chairman

Are there any firms that would be open to taking a freshman intern? Not a searchable metric on LinkedIn. Please save the bashing for the sake of boosting your own confidence, I'm not asking if its feasible I'm asking who has taken freshman. Cheers ...

1
-
-
+1
Realistically, can I become an investment analyst at a Hedge Fund?

koko87

Greetings Fellow Chimps, Apes, and Humanoids, I've taken a long journey down my finance career thus far and I've reached a juncture where it's finally time to pursue my passion of becoming a research analyst at a Hedge Fund. :::pause for uproarious jeers and hysterical laughter::: For the past ei...

1
-
-
+2
Financial modeling the Balance sheet and CFS

monkey10011

I am looking for some clarity on modeling out the B/S and CFS. Before say projecting the working capital, and everything else on the balance sheet, do I need to make sure that each balance sheet line item has a corresponding link to the CFS line item? I thought that is what I'm suppose to do, but ...

6
-
-
-
-
-
+1
Buy Side FI Research

pudge1058-.

Going to be starting at an AM firm soon in FI research. Was curious what the average salary for this should be, I know it varies by geography, etc. but generally speaking. (Specifically for a fund with ~$100bn)...

3
-
+3
Bloomberg Equity Research data analyst interview

Logisticjoe

I have received an online interview for an equity research data analyst at Bloomberg. Has anyone been through their interview process both online and phone/in person? What questions should I expect? Any broad insight on working for Bloomberg/comp for equity research would be greatly appreciated. An...

16
+1
PCG - Buy, Sell or Hold

FitnessandFinance

Today it was made evident that PCG secured a $5.5B DIP Financing from JPM, BoA, Citi and Barclays... I was under the impression this meant chapter 11 was a done deal.. but the stock price (+12.5% at time of writing) indicates otherwise. Might there be any restructuring experts who can share some kn...

5
+1
HY Credit Research Interview Process

maxwell95

This is for an entry level role at a BB. How different should this be than an ER interview? Should I have multiple HY credit pitches prepared for a first round? I currently work in structured credit research, so I'm familiar with FI and credit. I obviously know all the basics of ER interviewing (mar...

1
-
-
-
-
-
-
-
+1
ER PREP - Selling Used EDUCBA, Wall Street Mojo Online Material

Goutham-Babu

Hi, I am selling my used EDUCBA, Wall Street Mojo online material which has comprehensive financial training. It covers core areas like Equity Research, Investment Banking, Financial Modeling, Private Equity, Mergers & Acquisitions, Credit Risk Modeling, Venture Capital, CFA Level 1, CFA level 2, I...

3
-
-
-
-
-
+1
Likely post-internship path

er_wso

Hi there, This is my first post here on WSO, so sorry if it's in the wrong place or a little bit vague. I have landed an ER internship at a BB bank in London, and I'm really excited to start but just had a few questions... Firstly, what extent should I prepare to, I think I find out the desk I am...

1
-
-
+20
Anyone worried about getting laid off?

SomePleb

Title says it all. Would be interesting to get a poll going including firm size (bb/mm/etc) and sector....

35
-
+1
B. Riley FBR?

dan0440

Any thoughts on equity research at B. Riley FBR? What's their reputation on the street? How have they done since being acquired by B. Riley? ...

2
0
William Blair Equity Research Interview

mw9821

Hi all, I have an interview for an ER position with William Blair. Any advice on prep for the interview? Technical aspect: I heard BIWS materials were helpful here. Any other suggestions? Fit: I read that fit was very important for WB - can anyone elaborate on this?...

16
-
-
-
-
-
-
+14
I was in Equities Research for 10 years in Asia – Ask Me Anything

bankingtostartup

Just some brief background about myself. I started in Australia working as an Actuarial Analyst and moved to Hong Kong just before the Financial Crisis. My first job at an Investment Bank was at a Bulge Bracket doing Data Management for their Equities Research Department. Eventually, I got an Equi...

43
+2
Understanding what the treasury markets are really saying

curiousgeorgewarren

All -- I hear constantly that the 10 year treasury curve represents where the markets believe the interest rate will be in 10 years. However, how accurate is this conclusion? Isn't the 10 year treasury diluted by short-term speculators? Or is it really an accurate gauge? ...

6
-
-
-
-
-
+7
Wolfe Research.

unemployed1_1

Thoughts on the firm / culture / reputation within equity research? I have done a forum search but everything is old. Glassdoor has mixed reviews. What sort of exit opportunities would be possible if you were in a ranked team there?...

25
+2
H.C. Wainwright, no information online?

gogogadget37

I can't find much/any anecdotal information about this firm online... only one glassdoor review and nothing much on this site. Can anyone/does anyone know who can speak to their experiences interning at H.C. Wainwright in NYC? Either for investment banking or equity research....

6

Pages