have a final round interview tomorrow (Wednesday) and was wondering about the bank? any insight? comp for first year analyst? culture? intern acceptance rate?
| +180 | Evercore > Goldman and I don’t think it’s particularly close anymore | 65 | 41m |
| +156 | Article: Why UBS's Asian M&A bankers are thriving and UBS's American M&A bankers are not | 17 | 22h |
| +130 | I am a drunk MD AMA | 40 | 2d |
| +87 | UBS Offer Day | 30 | 1d |
| +75 | Santander IB? | 10 | 3d |
| +71 | I hate Wells Fargo | 19 | 1d |
| +55 | Think Twice before Recruiting for HOUSTON IB!! | 27 | 1m |
| +51 | No return offer - feeling like a failure is an understatement | 20 | 19h |
| +48 | How cooked am I as an incoming WF IB SA 2027? | 17 | 16h |
| +46 | WF Return offers | 28 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Based on the most helpful WSO content, here’s what you need to know:
Compensation for First-Year Analysts: While specific details about Bank Street Group's TMT division aren't explicitly mentioned, first-year analyst compensation in TMT groups at non-GS/MS bulge brackets and middle-market firms typically hovers around $169,000 all-in. This is consistent with averages reported for similar roles.
Culture: Insights into TMT groups generally highlight a mix of competitive and collaborative environments. For example, GS TMT is known for its "work hard, play hard" culture, with juniors being friendly and supportive despite the demanding hours. While Bank Street Group isn't directly mentioned, you can expect a similar dynamic in TMT-focused teams.
Intern Acceptance Rate: Specific acceptance rates for Bank Street Group's TMT division aren't provided. However, top TMT groups often have competitive intern-to-full-time conversion rates, with many firms aiming to retain a high percentage of their summer analysts.
Interview Prep: TMT interviews often include technicals, so be ready for valuation, M&A, and industry-specific questions. Additionally, behavioral questions will likely assess your fit for the team and your interest in the TMT sector.
Good luck with your final round interview tomorrow! Crush it!
Sources: GS TMT Culture, Houston 2018 Investment Banking Summer Analyst Recruiting, https://www.wallstreetoasis.com/forum/investment-banking/tmt-interviewstechnicals-sf?customgpt=1, Lazard TMT Boston First Round, Culture/Fit vs. Deal Flow vs. Interest in Choosing Group
Deal flow is very high, mainly MM telecom and data center deals with a few large cap/publicly traded deals each year. Culture and comp are top tier but say goodbye to work life balance
i just interviewed with them
Yeah I saw they average about 27-30 deals a year with a 30 member team which is super nice
was just scrolling and caught your recent post a minute ago so thought I'd add on. I had a friend who worked there before and he said people and comp is insanely good. but agreed, say bye bye to WLB
Curious about this too, how’d the final round go? What was interview process like/how were the questions?
.
it was chill, just be yourself i guess and like know your interests in banking
did they give offer calls?
not sure
nope (assuming they will this coming week) unless someone alr got offered
i think offers are out
Did you get call?
I think all offers are out.
So this is how I learn I got dinged 💀
cooked.
Deserunt deleniti ea cupiditate modi sit qui alias. Voluptas quidem nostrum deleniti similique quaerat et.
Quia perferendis corrupti cumque sint. Deleniti quia quis saepe corrupti. Illo quis qui est aut vero in. Quia adipisci accusamus hic debitis vero numquam. Animi fugit odit fugiat quia est. Nihil est asperiores pariatur qui dolorem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...