Trending Content (see all)Replies
+114
A friend of mine cheated and got an Internship offer at a BB IB

Anonymous Monkey

A friend of mine has a GPA of 2.1. He basically photoshopped his unofficial transcript with better grades and gave himself a much higher GPA and he eventually received a Summer Internship Offer from a <abbr title="bulge bracket">BB</abbr> and even passed their background...

146
+22
Has IB Work/Life Balance Changed in 2019?

ROK_Marines

It has been awhile that tech & start up companies offer more comfortable and lucrative careers to top tier students, and banks have been enforcing protected weekends to secure their talent pool. Do you think these past few years work/life balance has changed in the industry or have the...

45
+14
IBD London - Top Groups

multi678

Hi! Pretty straightforward question. What are the top groups in London <abbr title="investment banking division">IBD</abbr> in terms of exit opps? While I realise that, unlike in <abbr title="New York">NY</abbr>, groups don't matter as much in...

50
All Pods
All Events
WSO Hall of Fame: Investment Banking Forum

WallStreetOasis.com

The Wall Street Oasis Investment Banking Hall of Fame provides a comprehensive collection of some of WSO's best discussions on the investment banking 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 navi...

-
Recently Active Topics
Replies
+29 9
+1
California vs UK for West Coast IB

WChssenior

Hi everyone, I am currently a Hs senior about to graduate and go off to college. My gpa was a little low, but my AP scores were solid along with my ACT scores. I got in to Oxford for Mathematics/Philosophy and PPE. I also got into cal poly SLO for engineering. I was waitlisted at USC for CS/bus admi...

3
+30
AMA: Barclays IB to MM Private Equity

WSO Mentor

I was previously at Barclays (NYC) in investment banking as an analyst and have since transitioned to a middle-market leveraged buyout private equity firm where I've been for several years. I offer detailed resume reviews (have to-date reviewed over 350) and interview coaching for prospective underg...

52
+6
Why did you decide to go into finance?

az_eater

How did people know they wanted to go into banking? I'm a freshman at a target school and finance is very popular here, but I don't know whether or not it is right for me. What's the best way for me to learn about it and see if I should pursue it as a career path?...

13
+1
Want to be more than an Excel Monkey

blee4RBC

I'm a senior in college and grateful to be hitting an awesome IB desk hopefully by August. Courtesy of my school's program - it's courses, the co-curriculars, etc etc - I know my way fairly well around a spreadsheet and can "model" whatever needs modeling to support my views/thesis (of course, there...

1
+4
Asking for Signing Bonus Early

ThrowAway129

Don't want to out myself, so this is a throw away account. I'm currently wrapping up my senior year and start on the desk in a few months, at which time I'll receive my signing bonus. My predicament is that the place that I interned at last summer (non-bank) through now has brought on a new summe...

9
+7
Barclays Sophomore Springboard 2019

blackflamingo

Hey everybody, I was wondering if anyone had any info on the Barclays Sophomore Spring Board event.? Has anyone gotten past the Koru assessment?...

69
+2
Forced to delay graduation but accepted summer 2020 offer -- what to do?

memaze

Hi everyone. I'm a sophomore and after doing accelerated recruiting, I got a summer 2020 BB IB offer (my junior summer). However, due to personal and family reasons, I have had to leave college for the remainder of my semester and will return this coming fall, so my graduation has been pushed from M...

1
0
Distressed Debt/RX Internships

QjcjaZ9

Undergrad at a target in the northeast starting to recruit for RX and special sits for 2020 SA positions. Some boutique RX groups have started their processes. When will the BB'S special sits and distressed debt groups start recruiting? Will any on the investing side hire SA undergrads? I know GS Sp...

0
+166
AMA: extreme poverty to non target to investment banking

johndoe2019

Hello everyone, I am sharing this because Andy and Patrick said it may be useful for some younger users. I legitimately believe that WSO helped me get my career started. About me: I grew up in the roughest part of town nearby a big city (think Ferguson Missouri, Flatbush Brooklyn, Balti...

89
+1
Invited to interview but later got canceled?

Davidoff

Hi Monkeys, So I finished the required model and case study, and was told I was selected to the next phase of interview. Several days later I got dinged because they are not moving me to the next round due to the high quality of candidate pool. Any idea what to do? Should I just accept the fact or...

1
0
Do target schools matter for OFF campus recruiting?

Jacob42

Say if you go to a target school. Say you want to apply to an EB IB (or BB) firm that doesn’t recruit from your campus. Do you have any significant advantage over people from non-targets by applying to these firms, or does this only apply to OCR done by specific firms? Also, if there is an advan...

0
+1
Citi Freshman Discovery Program

gw2022

Hi all, I applied for Citi's Freshman Discovery Program which is set to take place in late May. Have people heard back? They said they would get back to us in April, so I am unclear. Thanks! ...

2
0
Modelling Formatting - Yellow Fill In-Model

JRMcC

I've been self-teaching modelling, and I had a quick question for the experienced folk here. I've seen a number of models with cells outlined and filled with yellow that aren't clearly listed under assumptions (e.g. in a revenue schedule for a retail company the comparable store sales growth being ...

0
+114
A friend of mine cheated and got an Internship offer at a BB IB

Anonymous Monkey

A friend of mine has a GPA of 2.1. He basically photoshopped his unofficial transcript with better grades and gave himself a much higher GPA and he eventually received a Summer Internship Offer from a BB and even passed their background check. How exactly did this happen? Apart from the obvious, h...

149
+3
Career progression and salary for Market Risk in BB

ProfessionalPatagucciHardo

What is the career progression for Risk Management in a BB, salary progression, and possible exit opps? I am looking at a possible Risk Management program that then leads to Markets Risk....

6
0
Finding more meaning out of my life

ProfessionalPatagucciHardo

This post is a venting post and an ask for help from someone to point me in the right direction. I am from a very non-target school and made it through recruiting for a MO role at mid tier BB (Citi/Barclays). However, I had the opportunity to do an IB SA stint with a BB (GS/JPM/MS) and turned it do...

0
+3
No finance background

mathfinancephd

I come from a math and CS background, but am currently looking for roles in IB, PE, trading, etc as opposed to engineering or quantitative research. Is it possible to get such internship/full time positions even if you have no finance, business, or economics background? Or do they mostly ask finance...

5
+14
IBD London - Top Groups

multi678

Hi! Pretty straightforward question. What are the top groups in London IBD in terms of exit opps? While I realise that, unlike in NY, groups don't matter as much in London, there are still some groups from different banks that are considered top tier, JPM Leveraged & Acquisition Finance comes to m...

52
-
-
+3
What's the best deal toy you've seen?

NA123

Title says it all. Other than the coveted WSO King Kong Deal Toy, what's the best deal toy you've seen or heard about? ...

8
-
+1
Poor First Semester, how do I ensure a 2020 Position?

Krish-Gandhi

Hey Everyone, I am currently an incoming sophomore at a Target school in Canada. My first year (marks wise) wasn't the greatest, first semester average was very poor, and despite a strong bounce back in second semester, my average still is very low (~75-76%). I know for a fact that next year I will...

4
+12
Reconsidering banking after receiving offer... help?

rituneX

So I'm a sophomore econ and math major at a target school, and I've been aiming for banking since the start of college. I'm now sitting here with a summer 2020 IBD offer at a good BB and completely doubting myself. This semester in college has been rough because I overextended myself with courses ...

39
0
Too mature?

de_jam

Hello, I am PhD, 37, had a (failed) startup in renewables Don’t want to go engineering, too late to get into IB? ...

0
0
On Being Pushed Out

Jumper83

Hi WSO - been lurking for a while and wanted to share my experience of being pushed out. It’s been about two years ago and when I was going through everything, I didn’t see much coverage on here and I wanted to give back. TLDR: worked hard as analyst; thrown under the bus on a project and push...

35
0
Breaking into IB with no IB internship? - a Junior student from a non-target school

HeardOverWSO

As a Junior student from a non-target, I am currently interning as an M&A intern for a small shop. I recently realized that I want to do IB after graduation (mostly because of current role in M&A and want to work more into transactional side). Did anyone else have the same situation and broke into I...

0
+2
Too many IBD internships – is it bad for the CV?

duckworth

Hi guys, Just wanted to ask - would having three IB internship experiences look bad on your CV, especially when aiming for IBD Summer Analyst positions (in London)? I'm currently doing a gap year in my home country after finishing my undergraduate degree somewhere in continental Europe, and will be...

8
+3
2019 FT Roommate Thread

bry_d

While it may prove too early to lock down housing, finding roommates couldn't be early enough. I'm a respectful, clean and considerate guy looking for solid roommates. Basic information below: City: Chicago Preferred Neighborhood: River North, South Loop, West Loop, pretty much open to anywhere in...

21
0
Broker Dealer platform for registration and independent Bankers.

bobste

I have been looking into broker platforms that sponsor or hold registration and provide compliance and broker dealer services to independent bankers and placement agents. Does anyone have any recommendations for firm. Ideally it would have a local, ny/nj office. I would rather a firm that does busin...

0
+2
Breaking into IBD a year after college

Leverup13

Looking for advice on how to break into IBD a year after college: Graduated May 2018 with a non-target finance degree, passed CFA Level I, have been working in a real estate acquisitions role since graduation, and had internships in equity research and accounting. Wondering what my best shot woul...

3
-
+1
Macquarie Infrastructure Debt Superday Help

rafkamaqazi

Hey Folks, I've just completed a Spring Insight (London) at Macquarie and been fast tracked to a super-day in May for their Infrastructure Debt Group (MIDIS). I found the work and the team super interesting and well-rounded. However my question is how to prepare for such a niche group. Is there som...

2
+6
2018 Goldman Sachs IBD Summer Analyst West Coast Insight Days

354231

Has anyone heard back for the west coast insight day application? They say we will be notified no later than the 15th of March ...

44
+1
Is moving downtown worth it?

ibcad

I am an upcoming SA and wanted to get your thoughts on whether or not I should move downtown for my internship. I currently live an hour commute from the office (which would translate to a 2-hour back and forth commute daily). I am used to the trek since I do it everyday during the school year, bu...

1
+1
Is the online application alone worth it

ibpotential

Curious to know if anyone has landed an interview from a firm after purely applying online without any networking. My school has a solid presence on Wall Street, but there are no alums at certain banks that I would like to pursue....

3
+2
What is more prestigious job 1 vs job 2?

Johnkakanowski

Job 1 Treasury Analyst Supervision and coordination of requests for proposals for bank and armored car services and related fees. Analysis of bank and armored carrier fees. Tracking of short-term and long-term investments. Management of the company's dividend program and accounting, including: Inter...

5
+1
GS Virtual Insight Series 2019

fdjaiof

Hi, did anyone received decisions for the virtual insight series of Goldman Sachs? Also, how can we check out status?...

2
-
+6
West Coast (LA + SF) Investment Banking Exit Opportunities - 2012-2017

WACCOFF

For those interested in better understanding west coast exit ops (LA and SF), please refer to the below. Of note, certain "exits" are for non-returning summer analysts (typically, those are the exits to other IB). The list is not comprehensive nor do I attest to it being accurate. Los Angeles BAML...

4
+1
Deutsche bank & Commerzbank merger...

JPM.21

How do you guys feel about this? even though they said talks "collapsed" some say it might still happen....

2
+2
Coverage Versus Lev Fin

Bill Stern @ Axe Cap

Can someone shed some light on what has a better exit opps? After being at my job for 3 months, I spoke with my manager about lateraling into an coverage team or Lev Fin team over lunch recently. My manager is very supportive, he's a very down to earth and easy going guy. I have no doubt I will be a...

6
-
-
+1
Does being yourself and saying the truth in interviews pay off?

numero masseur

So I recently stumbled upon this article (cant post link) about an intern that did the contrary by mentioning salary/wage when asked why they wanted to work here. **- “I just want to work in a cool environment and pocket a nice wage,” I told one senior trader. He was stunned and at first I thoug...

3
+1
Breaking Into Investment Banking From UC Berkeley

jeffrey.wu13579

This is my first time posting on this forum. I'm an incoming freshman to UC Berkeley and right now, my intended major is computer science. Although I'm interested in CS, after reading through stuff about IB banking and trading, I feel like I would be really interested in a career in that. I'm hesita...

1
0
How can i find out soeones reddit username?

djdddaod

How can i find out soeones reddit username?How can i find out soeones reddit username?How can i find out soeones reddit username?How can i find out soeones reddit username?How can i find out soeones reddit username?How can i find out soeones reddit username?How can i find out soeones reddit username...

2
+5
Incoming SA in a BB FIG group (MS/GS/JPM), but long-term goals are PE. How should I approach the summer?

Anonymous Monkey

I will be interning in a top BB FIG group this summer, but my long term career goals are PE. I'm worried that FIG will pigeonhole me given my career goals, and hinder me in the buyside recruiting process. Should I attempt to lateral to a different group within the firm to secure a FT offer after my ...

5
-
-
-
-
-
-
-
+46
SA and Full Time Recruiting 2020 thread

John-Jacobs1

Wanted to better organize the 2020 recruiting here instead of my previous post. @AndyLouis" Current 2020 SA Info: [quote="champagnepaki"] Not really. Sure the WSJ article from this past Fall brought awareness and the process will probably be a little slower this year, but all of my contacts are i...

291
+2
Double Major/Minor: Finance and ???

weltz145

I will be attending ND as a finance major in the fall and I want to know what areas of study would be good to focus on to pursue a career in finance. If double majoring is not much of a boost, then I think I'm going to just minor in PPE (Philosophy, Politics, Econ) and fill my schedule with balanced...

7
+1
Is anyone familiar with New York International Capital?

Clocko11

Does anyone here work at NYIC/ know someone who does? My buddy received an offer to be an intern for 3 months and then be hired FT for a "negotiable" 70-75k. Seems fishy to me, especially given the lack of deal flow on their website. https://www.nyinternationalcapital.com/about...

1
+6
Lehman Brothers SA Interview

yabadabadooo

I have a first round phone interview with Lehman. It's just the typical firmwide interview with a recruiter. Has anyone gone through it and can provide some insight into what I can expect? Any help is appreciated....

22
-
+22
Has IB Work/Life Balance Changed in 2019?

ROK_Marines

It has been awhile that tech & start up companies offer more comfortable and lucrative careers to top tier students, and banks have been enforcing protected weekends to secure their talent pool. Do you think these past few years work/life balance has changed in the industry or have the hours just s...

45
+1
Jefferies Private Capital Group Summer Analyst?

43093ir

Got an interview and surprised they still recruited for the summer. Upon further research, I wanted to confirm if this was a low technical, low modeling client interaction type job more than anything else. The job description is as follows: Located within the broader Jefferies Investment Banking p...

2
+1
retake the gmat???

goldmansahs

Hey, I got a 710, is it high enough to land a job as an analyst at Goldman Sachs or Morgan Stanley in London? I have a 3.6 GPA from a top university (think LSE/LBS/UCL). My friend told me that I wouldn't make it to McKinsey so I thought I would try the investment banking instead. Is it feasible to ...

5
+1
I'm not doing PWM the summer after freshman year. Am I screwed? What do I do?

Who is John Galt

I'm currently a freshman who's gonna be a revenue analyst this summer. I've talked to an MD from UBS willing to give me a PWM internship next summer, but I was told that PWM is what I should do freshman summer, and that I should be doing PE/VC/IB my sophomore summer if I want to do IB junior year su...

4
+7
How to Crush an Internship

qwertyuiopasjkl

Have a finance internship this summer. Just a small freshman/sophomore internship type thing. Nothing like IBD SA or whatever else. Wondering what are some of the best pieces of advice you've either been given or you think most interns should know? Besides the typical work hard and stay off the pho...

4
+11
Are transfers really screwed?

ssanta

First-time poster here. I'm currently trying to transfer from a non-target to a semi-target this summer in order to get a GPA (ideally a 4.0) by fall. Currently, I'm a sophomore spring intern for a boutique investment bank in the southeast. Are big banks out of the question for people in my situatio...

35
-
0
Citi CMO SA 2020

gwave

Anyone have any insight into the timeline for 2020 recruiting ? Had first rounds but is there an upcoming super day ...

0
+1
Best Teams in UBS (London)

Ben Rickert

Hi all, What are the best teams in UBS in London in terms of culture, lifestyle and deal flow? Many thanks...

5
+1
Guggenheim RX or BX Special Situations

jackpfili

Currently have both offers on the table. What are your thoughts on pay, exit ops, culture? I'm leaning towards Guggenheim but any input would be appreciated....

5
+2
Networking Question: the follow up

restructfin

Hey peeps, This is a question about best practice. Do you guys always send a thank you after a networking call? And, if you are getting off of a call with someone that you've spoken to before, should you send another thank you email after this call? Any thoughts? ...

1
+1
MM M&A -> BB ECM -> BB M&A?

kattrn

I'm presently a first year analyst at a low to mid-market M&A shop (strong performer in the mid-market, not a random local firm). I've been networking and may have an opportunity to join a BB's ECM group. I like M&A and want to keep PE as an option in the next few years, however. Is it worth taking ...

1

Pages