Now that most everyone has their offers for 2008 Analyst positions, I thought we could get a thread together with some numbers to replace the one that somehow disappeared yesterday.
Make sure to mention your type of firm (BB, MM, Boutique) and your city if you feel comfortable.
| +171 | Analyst: Why is UBS IB doing worse than peers?, UBS CFO: No Comment | 29 | 18h |
| +163 | UBS Tech layoff | 52 | 2d |
| +149 | UBS’s M&A BANKERS ARE DOING TERRIBLY. $200M EXTRA IS BEING CUT | 31 | 1d |
| +121 | Leaked Interview Questions to Recruiting Services | 59 | 22m |
| +65 | How do YOU manage networking requests? | 20 | 14h |
| +60 | Are target prospects getting dumber? | 27 | 1d |
| +34 | MBB Pay Raises | 26 | 2d |
| +22 | US 2027 SA IB worried about background check | 8 | 58m |
| +21 | Earliest you can get fired | 7 | 12h |
| +20 | Career Crossroads | 4 | 42m |
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.
Any BB IBD Analyst - Any Location Street Base Street Sign-in Bonus
...correct me if I'm wrong, but I'm pretty sure, this is the case...
+SEO Career Program, Investment Banking http://www.seo-usa.org/career/default.asp?page_id=99
+Excel 2007, Webcasts http://www.microsoft.com/events/series/officesystemwebcasts.aspx?tab=we…
75k in NC is a lot of money man ...
You should not consider the location when talking about money. Think about it from the firm's perspective: irrespective of in which state or country you work, firm still pays you the same dollars (euros, pounds, whatever currency) - with maybe slight difference related to various social taxes and payments which are being made by your employer.
So, as an employee, you may pretend to earn the same gross amount irrespective of your location and cost of living.
I disagree. Cost of living is vastly different between NYC and really anywhere else. Makes a big difference.
On $75k you can probably buy a decent little 2 bedroom condo in NC but you can barely afford to rent a shithole studio with a roommate in NYC. That is, of course, assuming you have a sizeable down payment.
"We are lawyers! We sue people! Occasionally, we get aggressive and garnish wages, but WE DO NOT ABDUCT!" -Boston Legal-
Gotta look at your compensation in terms of what the money buys. If you aren't trading it for goods or services it's just paper.
It's not even paper. It's 1s and zeros hanging out somewhere on a hard drive. They don't give you a wad of $100s on payday last I checked. Most direct deposit, so they don't even give out checks anymore. "We are lawyers! We sue people! Occasionally, we get aggressive and garnish wages, but WE DO NOT ABDUCT!" -Boston Legal-
Eos sed minus sit magnam. Nihil illo omnis eligendi quo.
Consequatur hic aperiam quod. Pariatur sit similique dolores.
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...