Hey monkeys, I'm on a plane from CLT to PHX, and I have wifi, and I'm not in the mood to work on my book. I like giving you guys some of my more thoughtful newsletter articles every once in a while, but I've never directly contributed to the forum. I have a few hours to kill, so...
This idea was discussed within a comment thread a couple month ago but I thought it deserved its own thread just because of how awesome it is. I wanted to share with you guys a tip that is virtually guaranteed to improve your interviews. Here's what you do: 1. Arrive at interview...
So, everyone is a prestige whore in some way or another. Let's be honest. For every 1 person who can afford to pay cash for an S500 AMG but drives a Prius for the mileage, there are 100 million people who finance a car they can't really afford. The same applies to school - How many...
11 Things Employers Tell Interviewees and What They Really Mean <h4>1. "We Have a Very Flat Hierarchy":</h4> We have a few VPs that take home all of the carry and three dozen Analysts grinding out all of our legwork because it's cheaper. All you little shits are...
Wall Street Mentors
<em>Mod Note (Andy): Bumped this back up from winter 2010 and it is still useful, but <strong>even more companies and banks are listed in the <a href="//www.wallstreetoasis.com/wso-company-database"><abbr title="Wall Street Oasis">WSO</abbr>...
Hey guys, I graduated from non-target college (Baruch College) last year majoring in Finance with Economics minor. I have a GPA just below 3.0. I enjoy finance industry, especially capital markets. It's been a year, yes, a full year since I've been applying for jobs. I used...
Just what the title says. Just the dumbest/meanest/most unprofessional thing you've gotten from an interviewer. To start off, I had a friend butcher a technical and get asked if he won a Special Olympics medal during a <abbr title="elite boutique">EB</abbr>...
Following up after an info session is great, especially if you actually took some positive information from it.... However, there is a new email circulating Wall Street that may not dethrone the "Barclays Welcome to the Jungle" one from a few years back but.... here is some...
I’m genuinely curious as it seems like these type of posts have become the norm for the younger generation on LinkedIn, why do people post these? You’re not a 5 star football recruit I couldn’t care less which option you decided to pick and your thank you shade you throw at the companies...
I've been working for a year at a large investment bank as an analyst in <abbr title="mergers and acquisitions">M&A</abbr>. I was fired today after an argument with my associate that happened a couple of days ago. I'm still in absolute shock right now....
I hate being poor. I want to make a lot of money. I got lucky getting into a target college, now what? Maybe I'm scrappy, but I can't compete academically with hyper-aggressive kids from Stuyvesant, Exeter, and other $30K-60K year prep/boarding schools, so what am I supposed to do?...
[quote]In three words I can sum up everything I've learned about life. It goes on.[/quote] -Robert Frost From the outside, my life right now looks great. I graduated with high honors from one of the world's best universities, completed my banking stint in a top tier group and am...
Recently got the opportunity to talk with the head of banking at a solid <abbr title="middle market">MM</abbr> firm (think William Blair). He said that he hates hiring 3.9+ GPA candidates and actually sees it as a red flag. His reasoning was that they lack social...
I apologize for the length of this post, there is a lot for me to cover and I don't want to skip any of the details. So it finally happened - I <span class='keyword_link'><a href="/finance-dictionary/what-is-a-hedge-fund-HF"...
I went to an interview and was asked to tell a joke. I told a simple one. How would you respond? <em>Mod Note (Andy): See more jokes in this thread from 2017</em>: https://www.wallstreetoasis.com/forums/interview-questions-tell-me-a-joke
I have been on this website for more than ten years and thought I would dish out a bit of advice. ####A bit of background: I worked up to director level in trading, before going to get an <abbr title="Masters in Business Administration">MBA</abbr> and changing industry...
I've always loved this site because even when I was but a wee little lurker in college I could always come on here and hear about all the little details that finance professionals picked up and wish they had known earlier. The big questions, like which offer to take or whether to...
This is an actual question I got and completely f'd up the answer... How would you go about answering this question? It seems like a lose lose scenario. If you answer it seriously, by explaining your high GPA/relevant experience then its a really boring answer and you might even come...
Has anyone applied to BlackRock to be a full-time analyst and received a request to submit a virtual cover letter? I'm not sure what to expect so if anyone has completed it and could tell me what questions were on it that would be great! I'm not sure whether to expect to submit one...
Graduated in December, moved back to my parents' because I'm a worthless human being. Have applied to ~500 jobs, have had 10 phone interviews, 1 in-person interview. Have contacted ~80 alumni, barely any responses. Day after day, its the same fucking thing. Sending my...
Hello everyone, I am a freshman attending Dartmouth - majoring in economics. I am focusing my future on finance, whether it be working at a hedge fund or private equity. But I've read and have been told a few times that I won't be able to make it in the industry because of my...
<em>Mod Note (Andy): Check out Wilowallstreet's AMA <a href="//www.wallstreetoasis.com/forums/ask-an-ex-ib-md-anything">here</a>. The AMA is still open and he is actively answering any question that you may have.</em> Someone asked me last week about all...
In a Bloomberg article last week, <abbr title="JP Morgan">JP</abbr> Morgan announced that it will begin using online behavioral science-based games to recruit college students. [quote]"Beginning this year, the bank will be using the games, instead of in person...
Bombed an interview. Want to read stories to make myself laugh/fee better
<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 2/23/14 and ranks #12 for the year by total silver banana count. You can see all our top ranked content <a...
<em>Mod Note (Andy): This was originally posted 12/30/14 and is a great read for those getting prepared for Summer Analyst recruiting</em> We're preparing for our OCR interview day for <strong>summer interns</strong> from one of our target schools and our team...
Hey everyone, My interviewer met up with my boss at a networking event and long story short the interviewer revealed I was interviewing at his firm. My firm is likely to ask me to leave as they are very unhappy about it. Just wondering, how do you guys go about your job search to protect...
I am turning 30 this month and looking back now I realize how little of my goals I have achieved (professionally and personally) I make around $150k a year, hardly enough to make a decent living in Manhattan. Not in <abbr title="investment banking division">IBD</abbr>...
I made all the <span class='keyword_link'><a href="/tag/superday">way to superday</a></span> at a <span class='keyword_link'><a href="/finance-dictionary/what-is-the-bulge-bracket-BB"><abbr title="bulge...
<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 10/17/12. To see all of our top content from the past, click <a href="//www.wallstreetoasis.com/highest-ranked-discussions">here.</a></em> <h3>Deciding to Recruit For the Buy...
hey monkeys, I got an offer rescinded after I tried negotiating the compensation. HR said the MD was unhappy about it and advised me to move on since it was a bad start to the working relationship. Any advice on how to approach it in the future? I honestly think I did it in a polite and...
<em>Mod note (Andy): Throwback Thursday, this post originally went up on 6/4/12.<em> <em><strong>Andy note:</strong> some of the quotes below were published on CNBC / Yahoo awhile back: <a...
What are some factors that we should look out for while interviewing, that would either * automatically ding us OR * We should watch out for from the company's side
I'm 0/10 can anyone beat me? And why is it suggested that my speech and behavior are inadequate upon learning that I have been rejected so many times in a row? What if society is the problem?
Hey guys, In a few interviews I've been asked "why should we hire you?" or "what distinguishes you from the other applicants?" They're tough questions but also pretty fair since they're getting at what's really the point of the interview to begin with....
Hi everyone. I currently work for a top tech company (think IBM/Salesforce/Oracle/CISCO) selling SaaS and high-tech enterprise software. My base salary is $60k and last year, I made around $100k before taxes with commission. I'm 26 years old, and have been working in sales for 1.5 years. My...
Hello all, I was suddenly grabbed by an idea to write down the lessons I learned from the ten interviews across seven different positions and 6 different companies I attended in the past 2.5 months on the road to my first job out of university. I started brainstorming in rough chronological...
Hello, I started a new job as a first year analyst at a small investment firm out on the west coast. During my first few days, I learned there is no formal training program here and it is basically learn as you go where I would be pulled into various projects to help out. However, I am now 4...
I plan on driving to chicago from a city roughly 5 hours away. The goal is to cold walk in at as many investment banks as I can. Does anyone have experience doing this? Any tips? Keep in mind I have absolutely no warm leads. I plan on going in and asking for a hiring manager or MD depending on...
Okay so I’ve tried to be nice and avoid saying this all week but there’s only so much hysteria a gal can take. Wannabe interns, can you please SHUT UP! Enough with the “Why isn’t HR calling me back?” and “Omg, does HR hate me?” bullshit already. I know you’ve coasted...
<em>Mod Note (Andy) - This AMA was originally posted last year but @SeekingAlpha180" said he can still take questions from you (+new questions about his transition) </em> <strong>3/7/16 update: </strong><abbr title="Wall Street...
I'd like to start the 2018 Veteran Integration Program thread this year. I'll be applying as soon as the application opens...Last year it was mid-October. Who else is applying this year? In past years the application entailed an online resume screen, followed by a Hirevue...
Fear The Bulge
Welcome to the school of shitty networking. There will be future courses, but here's an intro. I receive messages on nearly every social media platform (even Tinder) from people trying to get a job. Some are fine, and I just ignore them. Some are spineless, or insane, or so terribly...
DELETED for very important reason...
Hello all! I didn't see any one mentioning the <span class='keyword_link'><a href="/company/goldman-sachs" target="_blank">Goldman Sachs</a></span> VIP 2017 yet so I will do the honor and start a thread for it. From my understanding,...
If I've accepted a job offer and start two months from now, is it acceptable to update Linkedin to show the job? <h3>When to add your upcoming job to LinkedIn?</h3> Most of our users agree - that you should wait until you actually start to update your LinkedIn. However, some...
What's going on everybody, The <abbr title="Wall Street Oasis">WSO</abbr> community has helped me out tremendously over the past few years, so I've decided that it's time to give back. Recently accepted an offer from a non-<span...
Some of you may have heard that Harvard Business School does not teach introductory accounting classes anymore. One of the reasons is that they use an online accounting software from a BYU professor, who is now providing his course for free. Has some pretty good exposure and some top...
Did anyone get the 2019 <abbr title="summer analyst intern">SA</abbr> MS HireVues yet? I just got it today. Could someone explain the process further, and give me some tips? (I am a rising sophomore so this is my first interview) Also, was getting the HireVue a selective...
Long post ahead (will not apologize). Afternoon Monkeys, Long time lurker, first-time poster. It seems the flow of threads has decreased these months, but hopefully, many of you will read this / comment (even if just to complain about the length of it). First of, a bit of background. I...
I'm starting to reach out to ppl and have secured a few coffee chats with <abbr title="bulge brackets ">BBs</abbr>, <abbr title="investment banking division ">IBD</abbr>. What are good things to ask in a coffee chat or networking session,...
I've seen the thread with the hardest interview questions that was a great resource. However, I wanted to ask you fellows what is the Hardest or most interesting behavioral questions you've either been asked or heard about?
I recently received an offer from a bank for a <abbr title="full time">FT</abbr> Analyst role, I accepted the offer both verbally over the phone and via email. A few days after accepting the offer (before progressing to sign the contract), I was called in for a...
We're digging through resumes for summer analysts again. Thought everyone might enjoy or benefit from a few of the real gems (all emphasis mine): "Objective: To obtain an internship in the field of financial services to utilize my VAST analytical and quantitative...
In my experience, interviews are scheduled just 2-3 days in advance. This is extremely short notice to take a half day or so off work (depending on anticipated interview time, and location). I'm sure a lot of you work long hours, in a somewhat fast-paced professional environment, how do you...
It's that time of year again, folks. Time to polish those resumes, fire up the LinkedIn and <abbr title="Wall Street Oasis ">WSO</abbr> search functions, and bug the hell out of the career advisers at your schools. It's recruiting time! We are all looking for...
I am using a throw-away account for this post. I have been meaning to do a post to tell my story for a couple of years now, and finally am following through with it. It is my hope that fellow students and analysts will gain some insight and perspective from my...
Hi monkeys, I met up with an MD at a <span class='keyword_link'><a href="/finance-dictionary/what-is-the-bulge-bracket-BB"><abbr title="bulge bracket ">BB</abbr></a></span> for coffee today and it didn't really go well....
<em>Mod Note (Andy) - We're reposting the top discussions from 2015, this one ranks #15 and was originally posted 11/1/2015.</em> Hey everyone! I have been following this site and enjoyed contents from different kind of people. Since my experience is unique, I decided to post...
<em>Mod Note (Andy): Don't miss his webinar coming up this Sunday! "<a href="//www.wallstreetoasis.com/event/webinar-hedge-fund-investment-pitch-3pm-et-11016">Hedge Fund Investment Pitch</a>" You can ask me anything. I know there are probably a lot...
Obviously this isn't a topic to bring up in an interview, and you want to push this discussion off as long as possible, but when asked "May we contact your previous employer?" or " What would your current employer say about you if asked?" how should you answer if you and...
Given that we have built up relationships with hundreds of companies and finance recruiters, we thought instead of just a simple job board (which you can find <a href="//www.wallstreetoasis.com/finance-jobs">right here</a>), we would also create a <abbr title="Wall...
Myself, and a few people I know of were invited to do the 15min video interviewers for Goldman Sach's IBD summer internship. However, I believe they are not interviews, but rather you recording answers. Anybody have any experience with this/know what they ask? <h3>GS HireVue Online...
I've seen a lot of freshman and HS grads wondering how to land internships or gain relevant experience early on in their undergrad careers. Every year the job market becomes so much more competitive for those of us wanting to break into finance. I'd like to share what I believe to be...
2.5 years in, promotion coming in January, got laid off Monday from a <abbr title="bulge bracket">BB</abbr>, along with numerous others in the group. Not performance based at all, it just seems that the business is clearly becoming something that the firm doesn't want...
For all interested in Investment Analyst internship at Makena Capital Management in Menlo Park... <h3>Interview Process:</h3> In California: (1) 45 minute interview on-campus with two interviewers and questions are simple like walk me through your resume, <span...
I was wondering how someone might write an email asking for internship opportunities. My school is not in the city and there are no i-banks here so I can't really set up coffee meetings. So, how would you structure your email and should I attach my resume with it? Any help is much...
So as you guys are all aware, <abbr title="investment banking">IB</abbr> headcount is decreasing, <abbr title="private equity">PE</abbr>/<abbr title="hedge fund">HF</abbr> positions are much more difficult to secure with the...
I'm creating this thread because I think that diversity recruiting is a powerful tool that is very much underutilized. Just about every <span class='keyword_link'><a href="/finance-dictionary/what-is-the-bulge-bracket-BB"><abbr title="bulge...
Sorry had to take this away.
Given the number of messages I continue to receive with questions regarding my switch from commercial banking to investment banking, I thought it'd be helpful to provide a few guidelines for those looking to make the switch. <h3>How to Break Into <abbr title="investment...
A friend of mine is applying for positions in finance now. She is a sophomore at an Ivy and trying to get experience in finance. She is targeting mostly office assistant positions. She showed me a resume template that is really cool and edgy. It's a non-traditional but very clean...
Hi everyone, so I am a junior currently going through <abbr title="summer analyst intern">SA</abbr> recruiting. On paper my resume looks pretty good: GPA: 3.7/4.0, have a Boutique <abbr title="investment banking">IB</abbr> internship and an <span...
<em>Mod Note (Andy) - as the year comes to an end we're reposting the top discussions from 2015, this one ranks #39. This one was originally posted 9/20/2015. <em>Mod Note (Andy): Check out Wilowallstreet's AMA <a...
Hey fellow monkeys, It seems like we get posts every month about the email address of certain banks. I decided to make a list of all the banks/hedge funds/prop shops. <h3>standard company email format database</h3> While this offers the standard email format for all the...
I just read through a stack of cover letters and resumes to prepare for a summer intern interview day. Here's some comments from the perspective of a late 30s banker on the interviewer side of the table. <br><ol><li>Every cover page and resume looks the same. I skim...
Hey guys, I'm doing an internship at a Foturne 50 company. Some of the the interns went out last night, and my roommate apparently sent an email to HR about the party. I'm not exactly sure what could be the worst care scenario, but it seems like HR would not care about personal...
Rags to Hermes
So I have been asked twice in the past week by ambitious young monkeys "What are the best sources to learn to build a <span class='keyword_link'><a href="https://www.wallstreetoasis.com/financial-modeling-training" target="_blank">financial...
Hey guys, so I received this offer from a solid <abbr title="investment banking">IB</abbr> recently, but I already accepted & signed an offer for a fairly large consulting shop (not management consulting). They are in completely different cities (different coasts...
I was wondering if anyone else has had an experience where you were treated like garbage in an interview or job search. A while back I had an interview, and the first thing the employer told me, right off the bat was, "We're not going to hire you." I thought to myself, ok......
<em>Mod Note (Andy) - as the year comes to an end we're reposting the top AMA's from 2015, this one was originally posted 7/19/2015.</em> Spent the past 5 years working for a B4 firm in the Assurance practice and am taking a FP&A Director role within industry in the...
<em>Mod Note (Andy) - as the year comes to an end we're reposting the top discussions from 2015, this one ranks #37 and was originally posted 10/14/2015.</em> <em>Mod Note #2: Check out Wilowallstreet's AMA <a...
Here's one I came across this morning from a kid from an Ivy. "GPA: 2.45 / Major GPA: 2.6". Why he put his major GPA if it still sux my left nut is beyond me. I was thinking of drafting him the following email: "Dear [ ], Thank you for your interest in [ ]. ...
I am doing some work with U of Houston on resume prep so working on getting more exp on helping students with their resumes. Only way I know how is to actuallty review and help. Join <span class='keyword_link'><a href="/tag/energy-trading">energy trading...
Been an analyst for over THREE years now, now at my second bank, but I *hate* it. Which isn't to say I'm not a hard worker, but I'm not getting any good experience, deals are few and far between - and extremely small when they do come - and I'm so far removed from the normal...
I'm getting ready to start interviewing for internships soon and I'm wondering if anyone else is a naturally nervous and awkward person, and how do you think that impacted your job prospects? For me, I only appear nervous when I am (such as interviewing). So over time that part will...
<em>Mod Note (Andy) - as the year comes to an end we're reposting the top discussions from 2015, this one ranks #48. This one was originally posted 3/8/2015</em>. I've been exchanging PMs with a fellow poster who didn't like his current role and had the good sense...
<em>Mod Note (Andy) - We're reposting the top discussions from 2015, this one ranks #21 and was originally posted 5/1/2015.</em> I wanted to share some insight on what it’s like having been through a few things after graduating from college. For reference, I graduated from...
Hi fellow Monkeys. I was recruited by a pretty large company to be an associate. I went through the multiple rounds of interviews and was finally offered the job. Great! All is well. They need to do the background check and drug test.. standard..no problem. I am signed up to take the test...
I use LinkedIn a lot for networking. I do not think my picture is unprofessional. It's a nice professionally taken photo. I noticed that some people are dressed business professional in their pictures. That said, I noticed women could get away with wearing a nice blouse. In my picture, I am...
Hello everyone, Just thought I would compile a comprehensive list of things that should be done while you are an undergraduate student. Just remember, while some of these things may seem intuitive to you, it may not be that way for others. Some of these are self explanatory and will have a...
Recently began cold emailing alums and some recruiters and it's usually hit or miss. I know that there are times when your mailbox is practically full and there's just too much work to do - I'll probably won't hear from you (which I understand). I was wondering what you...
Long time lurker, but first time poster here looking for advice. So anyways, I graduated from a non-target, but very well respected school last year with a finance degree. Despite having a 3.87, two boutique <abbr title="private equity ">PE</abbr> internships (no big...
Is it just me, or is networking with male bankers 1000x more enjoyable/easier than with women? (No, this isn't a "sexist" post, considering I'm female writing this). I just prefer to network with guys over girls any day they just seem easier to talk to/get along with. Thoughts?
Says it all in the title, really.
As a lot of people ask about these things then I thought I'd make an AMA: I work in London and I made that much sought after career jump that started in Big Four audit and ended up in <abbr title="investment banking">IB</abbr> (Debt Capital Markets) at a boutique...
This post is for the nonlinear career trotters - All the paper perfect ivys to <abbr title="investment banking">IB</abbr> or Consulting can skip this thread unless you have some value to provide. But to the nonlinear career trotters, curious what your trajectories have...
Hi all, Long time lurker in need of some advice. I have a disability that does not impact my job performance or require any accommodations. Am I better off not disclosing it on full time applications or should I disclose it? I've heard a mix of "if you don't think you need...
I am a VP at a <abbr title="bulge bracket">BB</abbr> in a <abbr title="back office">BO</abbr> role. In addition to my daily duties, I'm also assigned to HR to work with the summer analyst program. Last year I had 3 <abbr title="summer...
Background: I've been working for 6+ years (<span class='keyword_link'><a href="/finance-dictionary/what-is-investment-banking-division-IBD">4 in <abbr title="investment banking division">IBD</abbr></a></span>, 2+ at a...