Silver BananaTopicReplies
+41How I Broke Into Goldman IBD From a Non-TargetHello Everyone, I am a senior at a non-target school in the northeast and have recently accepted a <abbr title="full time">FT</abbr> offer in <abbr title="investment banking division">IBD</abbr> at <abbr title="Goldman...29
+36Bad HabitsWhat bad habits (besides lack of sleep) have you all developed since you started at a bank? For example, I started biting my nails after a month on the job but had never bit them before and a friend began to mumble random finance terms in her sleep.41
+31Didn't Realize This is a Job Requirement NowSo was browsing LinkedIn just for the fun of it and came across this golden job posting today. It's weird to see this explicitly stated as a skill now <img src="/files/styles/w800/public/inline/images/inkedcapture1_li_0.jpg?itok=iEMwuOya" alt="" />14
+25Biotech finance part 2: valuation methodologies and modeling considerationsIn a [previous post](, I discussed the most basic skill required for biopharma finance: forecasting a P&L for a drug. In this post, I'll discuss the next step -- valuing biopharma companies. ...15
+202019 Summer Analyst Program for Hong Kong/SingaporeAs some of the firms have already started accepting applications for 2019 for <abbr title="Hong Kong">HK</abbr>/SG, I thought it's the time to start this topic for those who are specifically interested in working in <abbr title="Hong...1068
+19Do many young I-Bankers pivot to F500 ladder? Seems like you sharks would dominate, yeah?I grew up in metro Detroit and every other white collar parent is a Big Ten (if that) grad who makes a cozy $330k, 550k, even well into 7 figures after working up corporate (finance/marketing/engineering/sales) ladder at an automaker, auto supplier, etc. Mark Fields, former CEO of Ford, was...73
+17Why does every 2nd IBanker want to transition to PE?I've done research and spoke to a lot of people in the industry and it seems like the hours aren't that better at all from <abbr title="investment banking">IB</abbr> and the all in comp is roughly the same as in <abbr title="investment...52
+16Did anyone enjoy or appreciate their IB experience?There are plenty of posts about how horrible <abbr title="investment banking">IB</abbr> was for people, but did anyone appreciate it or like it?45
+15Most Badass Intern Story? I love the stories of interns crashing and burning, drinking too much, or doing something stupid as much as anyone else, but are there any tales from the opposite end of the spectrum? <em>Mod Note (Andy): One of the most viewed posts of 2017.</em> 182
+14Greatest Acquisition of All TimeLong time listener, first time caller. Searched through the forums to no avail. What do you consider the greatest acquisition of all time? Can be corporate, government, whatever. A few that come to mind. - Google purchasing Youtube in 2005 for $1.65B (Valued at $160B earlier this year -...23
+13Rothschild = Goldman Sachs of EuropeI would like to hear opinions on Rothschild in London/Europe. I heard in America they are not that good, but they are top notch in the City. From what I heard from bankers in the City, they are the most prestigious place (one of), and are basically Goldman of Europe. They rank no.1 in multiple...26
+11Any other targets get screwed by this year's Summer Analyst recruiting cycle? What are your plans now?So I went into the summer recruitment process pretty confident coming from a target with a 3.8+ gpa and a relevant <abbr title="investment banking">IB</abbr> internship at a boutique under my belt, and so far no opportunities have materialized. Had multiple phone screens...32
+10Best Groups at BBs, Best Banks for certain Groups RankingJust wondering about street perception on ranking the bulge brackets/elite boutiques across the major industry and product groups: (As in which firms have the strongest groups for some of these) <abbr title="mergers and...41
+8Bible of FinanceWhich of the follow do you think is like the bible in the field of Finance? Investment Banking - Valuation, Leveraged Buyouts and Mergers & Acquisitions (Joshua Rosenbaum, Joshua Pearl) Principles of Corporate Finance Brealey Myers Books on Corporate Fiance by Damoraran Financial...20
+82018 Investment Banking Report: 8 Trends in the Industry<center><img src="" alt="" /></center> <br> Wall Street Oasis (WSO) released a detailed <a...1
+7IB Best Offices - Updated 2018Hi all, More of a fun one: Hoping to get a list going as to the best/nicest office buildings for investment banks (ideally in NYC) and why you think they're desirable (amenities, layout, artwork(?), etc.). I'm aware that a similar question has been asked before, but figured...18
+7Tattoos in IBD/HF/PEIs it a problem to have tattoos (not wrist/fingers) in these industries? (For instance if in the forearm you should not roll your sleeves, right?)12
+6Client meeting etiquette rules as an AnalystWill be attending meetings with clients soon. What are some basic etiquette rules before/during/after the meeting as an Analyst apart from taking notes?11
+6Offer Decision Help NeededHi all, I am a current junior trying to decide on which internship offer would give the the greatest probability for a successful career. I would like to eventually end up in <abbr title="private equity">PE</abbr> ideally focusing on tech or consumers. Apologies if this...6
+6I think I’m being underpaidBackground: Non-target US undergraduate >> approx. 2 years at Big 4 transaction advisory (non-US office but in a major financial center) >>just entered 2nd year at US-based <abbr title="middle market">MM</abbr> bank (HW, LI, Baird, WB), also in the same city as...10
+6Should I take a gap year before as an IBD analyst at MS?I am fortunate enough to have a <abbr title="full time">FT</abbr> <abbr title="investment banking division">IBD</abbr> offer from MS to start in July 2019, only two weeks after my university course ends. I have always had in the back of my mind that I...7
+6Oil&Gas interviewHi! What can be asked? What the most difficult technical questions you were asked? Thanks in advance!16
+6Biotech finance: from IB to VC / HF to funded startupI worked in the healthcare IB group of a lower-tier BB, then was a biotech analyst at a $1.8B late-stage VC / growth equity fund / public equity fund, then founded a venture-backed biotech startup. I’ve also worked in advisory and BD roles with several startups and in finance and BD at...8
+5What's the most Prestigious thing to own?Bank, Museum, Charitable Foundation, Research Institute, Technology Company, Space Company, a Country etc 22
+5Piper Jaffray: Sweatier Than Ever in 2018Takeaway message: Piper Jaffray (PJC) is a massive sweatshop. Probably one of the worst <abbr title="middle market firms">MMs</abbr> for work/life balance from what I’ve seen and heard. Imperial Capital is the only other <abbr title="middle...148
+5Diminishing ROI for Banking?Most people here obsess over "prestige" and staying on "the path." Yet the traditional route of undergrad -> <abbr title="investment banking">IB</abbr> -> <abbr title="private equity">PE</abbr> is well trodden, and the ...2
+5Fish Out of Water - East Coast to West Coast TransitionI was born and raised on the east coast, going to school here as well. Will be heading to New York next summer for a banking <abbr title="summer analyst intern">SA</abbr> gig. A long-time networking connection works out in San Francisco at a top group (GS/MS tech). ...23
+5Too many quality games too little time Hi guys, Would not really consider myself a full-time gamer, but do enjoy playing the odd game of FIFA, cod, PUBG overwatch etc. However, I'm sure anyone as who a owns a console since September is well aware of the quality releases out as of lately (spiderman, RDR2, assassin creed...30
+5My Favourite Question For Wrapping Up InterviewsI don't remember where / who I stole this from, remember kids, there's no originality in banking, but my favourite question when they ask: "Do you have any questions for me / us": What is it about my resume and experience that interest you. It's a beautiful...47
+5Had a "fit" interview with MD of ECM...Takeaways and ConcernsEdit: Thank you everyone for your response. Now I'm just writing to fill up the space and use up the minimum character limit.28
+5UVA or Cornell?So I am at city college right now and killed it there with a 4.0 and am fortunate enough to receive offers of admission as a transfer student for next Spring to both UVA & Cornell. I got in Pre-comm for UVA (opportunity to apply to Mcintire) and Hotel for Cornell. I am completely unsure on...10
+4Investment Banks in 10 years - RankingHi guys! How do you think the landscape will change in the next couple of years? Will the Bulge Bracket be reduced to the US banks? Will the Europeans merge? How will the <abbr title="elite boutiques">EBs</abbr> be positioned? Which might fall from glory (as...25
+4Roommates in HoustonWill be spending the summer interning in Houston <abbr title="investment banking division">IBD</abbr> and looking for some roommates. I have no ties to the city, so would be open to location. Preferably looking at downtown/midtown area because of walking convenience. If...6
+4What can I do in high school to get into HYPSM?As you all know, top targets are incredibly competitive, and they reject so many people who are obviously geniuses, I'd like to study finance and go into ibanking, and then switch over to hedge funds. Problem is, I'm a sophomore in high school, no idea what to do to improve my...30
+4Funniest Thing You've Seen on a Client Call?I'll kick things off. I'm sure there are some gems of ridiculous episodes that have occurred while on a client call/management call. I was working with a boutique <abbr title="mergers and acquisitions">M&A</abbr> shop, and I had been thrown onto a deal...1
+4BAML LevFin and FSG Placement this CycleDrawing inspiration from the on-cycle recruiting page, how did <abbr title="Bank of America Merrill Lynch">baml</abbr> <abbr title="leveraged finance">levfin</abbr> and <abbr title="Financial Sponsors Group">fsg</abbr> in <abbr...12
+4Pursuing Olympics 2020 instead of IB job...How to stay relevant?Hello all, I decided to take a professional contract for track and field instead of trying to pursue a job in <abbr title="investment banking">IB</abbr>. Idea is to go for 2020 olympics then pursue an opportunity in <abbr title="investment...15
+4RBC Full-Time IBD or MS SA LondonIf they were both full-time, MS is the obvious choice. Which do I choose as <abbr title="Royal Bank of Canada">RBC</abbr> is a full-time offer??6
+4What makes JPMorgan special?Hi Guys, I have a HireVue interview with JPMorgan coming up and I suspect they'll ask me: why JPMorgan? I have my own reasons, but my perspective is limited as I'm basically an outsider - an undergrad. To widen my perspective and get a better grasp on the firm: what do you...12
+4What are the similarities and differences between Corporate Development and Sell-Side in terms of experience?There are countless articles regarding the buy side vs. sell side in terms of similarities and differences. What about between corp dev and sell-side? Corp-dev meaning that you work on deals for the company itself and underwrite your own deals and sell-side where you represent clients. My...8
+4J.P. Morgan 2019 IBD Video InterviewHi guys, sophomore at non-target here. I submitted my <span class='keyword_link'><a href="/company/jpmorgan-chase">app for <abbr title="JP Morgan">JP</abbr> Morgan</a></span> <span class='keyword_link'><a...459
+4People who didn't make it into IB: What are you doing now?I am currently in the process of applying for <abbr title="investment banking">IB</abbr> related internships and I have a feeling I'm not going to make the cut. You know how sometimes you dance with the hottest girl in the club but you KNOW she's not going home...51
+4In a Dark Place, Looking for AdviceHi Everyone, As title suggests, I am looking for some advice from people in the industry in helping me evaluate career paths. Obviously, I have spoken to family members about my feelings about my career but coming from a fairly modest family, it is hard getting relevant advice as no one works...15
+4Rosenbaum or Damodaran?I want to prepare for <abbr title="investment banking">IB</abbr> interview. Which is Books is better Rosenbaum Investment Banking or Damodaran on Valuation?7
+4Piper Jaffray Career Exploration Program 2019There hasn't been a thread on this yet for this year. Anyone have any insight or details on the process or the program itself? Just had my phone interview, but not sure when we hear back. My call was also pretty short...12
+4Petroleum Engineer Applying to MBA programs to IB/MBBI’m in a metro Texas city, late 20s, working for an oil company. Total salary, bonus, stock is between 160-180k, great 401k and I work 45-50 hrs a week. Survived 4 rounds of layoffs. Graduated from a top 2 engineering college, 750 gmat. I’m currently doing <abbr title="Chartered...14
+4LSE Alternative Investments Conference?This is the annual conference that a group of <abbr title="London School of Economics">LSE</abbr> students organise every year, primarily focusing on Private Equity and Hedge Funds. I went last year, and I therefore figured I could offer some insight into whether it is...4
+4Direct Lending vs LevFin at a BBWould you rather be at a direct lending fund out of school or at a LevFin team at a BB? How do exit opps for both differ? What option fares better in recruitment for other buy-side roles? 7
+4When do you receive the Sign In Bonus?Hi Guys when do you actually receive the sign in bonus? I am interested in that because I need to make plans7
+4What will happen to IB if another recession like 2008 one hits?Experts say it's coming in 5-10 years and I'm talking about the <abbr title="investment banking">IB</abbr> hopefuls. I wouldn't want to drop 120k on <abbr title="Masters in Business Administration">MBA</abbr> just to end up in irrelevant...8