<img src="https://www.wallstreetoasis.com/files/ib_resume_title_0.png" alt="Investment Banking Resume Template - Official WSO CV Example" /> <p><b>Attached to the bottom of this post, you will find the Wall Street Oasis Investment Banking Resume Template...
Sitting at my desk here just waiting for things to wind down so thought I’d give back to the community and try my first long form post. I did some interviewing last year but this year I was heavily involved for both <abbr title="summer analyst intern ">SA</abbr> and...
It seems that to get into investment banking, you must: - apply early - have been to a target school - in order to get into the target school, excel in high school, have money and you must know which schools are targets for investment banking It seems like that in order to tick off all...
Hey everyone, The title is pretty self-explanatory, could any of the older guys share their feeling when their first bonus hit their checkings account? Not looking for any numbers, rather the feeling /sense of accomplishment, I'm sure at that time of your career it was something to be...
Just saw on linkedin the following post from an <abbr title="investment banking">IB</abbr> recruiter: "[...]a candidate we had offered a full time grad role to returned his signed offer letter. Issue was that it was his signed offer letter for one of our...
I'm currently a first year <abbr title="Masters in Business Administration">MBA</abbr> student at a top finance <abbr title="Masters in Business Administration">MBA</abbr> program (Booth, Wharton, CBS, etc.) and was unsuccessful during the...
I just left <abbr title="investment banking">IB</abbr> and went entrepreneurship way, so this is a bit of a rant post and a throwaway account, but felt like I need to share. With all do respect to hard-working individuals out there - investment banking industry is broken...
Gotta love it when you ask for an analysis and this is the response, “*I didn’t check my work, but here you go*.”
<em>**Disclaimer: Semi-target Alumni** </em> Now that training is finishing up at my bank (GS/MS), I wanted to share with <abbr title="Wall Street Oasis">WSO</abbr> how radically different the analyst class make up is compared to the pre-conceived notion of...
Here is a summary of Investment Banking in London. ###Strongest Banks: In Europe, Goldman Sachs and Morgan Stanley are traditionally the strongest banks that get the most high profile transactions. They are followed by the 'Elite Twins in London' Lazard and Rothschild and the...
I come from a target West Coast school. I say target because being on the West Coast, there are only three name-brand schools you can land a job on at an i-bank on the West Coast. Those name brands from my POV are Stanford, Berkeley, and USC. I go to one of the first two. Hats off to the Moelis...
I am currently working as an investment banking analyst at a <abbr title="bulge bracket">BB</abbr> and 6 months after starting the job, I feel the learning curve flattens very quickly. I don't learn much from making another pitch book and even in the live deal, I feel...
Unfortunately turning comments on a pitch deck today so I have some time in between turns to do an AMA. Thought I'd give back to the community here now that I'm wrapping up my 3rd year at a <abbr title="middle market">MM</abbr>. Definitely wouldn't be here...
Currently working at an insurance broker (think Marsh/Aon/Willis) Graduated from a state school Ask on
<abbr title="Wall Street Oasis">WSO</abbr> Community, I wanted to take the opportunity to leverage my experience to be helpful with an AMA. By way of background, I attended a state school, broke into <abbr title="middle market">MM</abbr>...
Whats up guys. So I have this boy of mine who is a shot ass, I kind of respect it. You gotta. He goes to a top school (Think Princeton, Harvard, Yale) but this kid getsabsolutely boozed just all the time, skips classes, gets retarded high, but somehow finesses and has like a GPA of a 3.7. He has...
Wanted to start a discussion and get some opinions on the current state of banks/boutiques across Oil and Gas/Energy, especially since <abbr title="Deutsche Bank">DB</abbr> recently closed down its Houston office. I've heard that, as far as the <abbr...
I wanted to get ideas regarding new reading material, since my mind is full of academic books and guides at the moment. I was thinking about No country for old men or something in that regard. Maybe something related to finance, (without it being "educational").
Hi folks, Building off a solid discussion in a recent post about UBS's sponsorship for <abbr title="investment banking">IB</abbr>, I wanted to inquire about the recruiting landscape for <abbr title="investment banking">IB</abbr> Associates at...
Monkeys, currently a <abbr title="bulge bracket">BB</abbr> VP and recently landed a <abbr title="private equity">PE</abbr> offer in a <abbr title="middle market">MM</abbr> Fund but for an experienced Associate role - yikes! Got...
Hi, I have applied to B-School for 2019 enrollment. I am interested in either working in management consulting or <abbr title="investment banking">IB</abbr>. I noticed on managementconsulted.com that they published 2019 management consulting salaries and <abbr...
Besides Gugg (Heard their 2020 process already kicked off), will other banks be pushing back <abbr title="full time">FT</abbr> and <abbr title="summer analyst intern">SA</abbr> recruiting for the 2020 class?
Hey guys, I'm a 21-year-old student from mainland EU. Earned my BSc in Business Administration last year at a top-10 European business school (3.8-3.9 GPA, depending on which conversion scale is used). I'm now in a gap year since I wanted to gain work experience prior to enrolling...
Hey WSO monkeys, I'm taking a 2 month break from work (unlimited PTO perks!) and as a software developer, I am looking for side projects to work on to keep my skills sharp. I wanted to get a survey on what kind of small tools you all wish existed within the financial services industry....
Seeking insight into Indiana Kelley, it seems like their workshop places absolutely lights out to EB’s, BB’s, and MM’s. However others seem to be skeptical of IU. As a college senior trying to get a holistic view of the school, how well is it respected and perceived on the street? Does the...
So I just interviewed with Centerview and got asked: What do you think about german chancellor angela merkel? Is it approbiate to ask these kind of questions?
Hey monkeys, I'm a sophomore at a semi-target. I've recently switched to major in econ and am interested in finance. Specifically, I want to work in Private Equity or Investment Banking. I think that I would be more suited and more interested in the deal side of finance rather than...
Background: Notre Dame sophomore looking into Investment Banking internships/jobs in Chicago. Was wondering if there was a list or if people had suggestions of top <abbr title="investment banking">IB</abbr> firms and groups to start networking with.
I will be attending a top 15 program come August 2019. I am looking to get a Summer Associate role at an Investment Bank. The school I will be attending historically places very well for Investment Banking. Is there any advice on what I should do before my <abbr title="Masters in...
<strong>Financial modeling</strong> is a skill that any investment banking analyst will have to master. Although the majority of investment banks and other financial firms now have formal training programs, many students and prospective finance professionals are choosing to enroll in...
Most of the stuff I've seen is dated. What is the opinion on KeyBanc <abbr title="investment banking division">IBD</abbr>, in particular their tech group? How does it rank amongst other <abbr title="middle market">MM</abbr> firms? Thanks.
Wanted to better organize the 2020 recruiting here instead of my previous post. @AndyLouis" Current 2020 <abbr title="summer analyst intern">SA</abbr> Info: [quote="champagnepaki"] Not really. Sure the WSJ article from this past Fall brought awareness...
Hello Everyone, (This does pertain to AU but sort of a question to non-finance in general moving to IB) I've taken a look through the forums, and for non finance graduates (Medical) and I'm hoping for a career change into <abbr title="investment...
I wanted to ask you all what your weekend hours looked liked in <abbr title="investment banking">IB</abbr>. I'm trying to make comparisons from boutique, <abbr title="middle market">MM</abbr>, <abbr title="bulge...
Hi All, Just looking to get a rough estimate of where 1st-year analysts typically live in London, and how much is usually spent on rent? Taking £50k base for 1st years, that is roughly just £3k a month after tax. I understand this will vary depending on if you work in CW, the city or...
As of December 2018, there were approximately <a href="//www.finra.org/newsroom/statistics#key">630,000</a> FINRA-Registered Representatives. The majority of these reps passed their securities licensing exams in the traditional way – by studying and sitting for the Series...
Hi All, I’m an ex-IB analyst at a no-name boutique in a major city. I recently left my job at the boutique after a year and a half for a new position in data science/artificial intelligence at one of the largest quantitative hedge funds in <abbr title="New York...
What are the starting salaries for investment banking in the U.S. for 2019 (stub year)? I'll be a summer associate this summer and was wondering how salaries are at <abbr title="bulge bracket">BB</abbr>, <abbr title="elite boutique">EB</abbr>, and...
My inbox is like big dumpster of emails and lately, it’s been bothering me that it takes a long time to find stuff. What do you guys do to keep your inboxes organized? Looking for some tips and tricks beyond some common sense stuff. Thanks!
Hey everyone, Currently been admitted to USC on a full tuition scholarship (school is basically free, I pay something like 10k a year for food+housing) and UMich - Ross (65k/yr for all 4 years). Cost isn't a big deal, but I would ideally like to have the money in my 529 ready for me in...
<abbr title="Royal Bank of Canada">RBC</abbr> advised BB&T on its merger with SunTrust. It's obviously a huge deal for the bank. Is it a <abbr title="bulge bracket">BB</abbr> now or on a good track becoming one?
A lot of posts on <abbr title="Wall Street Oasis">WSO</abbr> suggest that having back office experience may work against you when attempting to move to front office. Does this mean that a college student should avoid working in the back office, even if that means having no...
Hey all, What podcasts are people listening to these days? I'm interested in deal / business news, but also general entertainment. I usually go for the ringer or the economist. Just opening up the discussion and trying to spice up my subway ride. Gimme your best picks. THX
As the topic above states. Many will know they make unpaid full time offers to incoming analysts. Is this still the case?
Hi - we have following discussion among partners You have a Company A with ENV = 50 (= ENterprise Value) C = 10 D (bank) = 15 EQV = 50 + 10 - 15 = 45 (=EQuity Value) Now the owner of company A has learned something about finance and does a smart move: she/he makes her/his customers...
Curious to know, outside the 80 - 100 hours in office, what other side hustles you <abbr title="Wall Street Oasis">wso</abbr> monkeys are engaged in in a meaningful and material manner? One thing I've observed is that very few folks around me, despite all being well...
I am a current sophomore at an top 10 undergrad (US) double majoring in economics and statistics (with a minor in CS). I'm the head/officer of a 3-ish clubs here (they're pretty well established clubs here, but they aren't related to finance). I have a relatively fine GPA (3.8+)...
I haven't seen too many posts on what bonuses and salaries are like nowadays since the 2017 thread. Curious to see if the pay bump at that associate-level affected Corp Bank or Comm Banking? Here are the numbers standing since the last update: Corporate Banking : A1: $85k +...
Over the last 12 months, we have made a big effort to improve our <span class='keyword_link'><a href="/guide/investment-banking-interview-prep-questions">investment banking interview</a></span> prep package by bringing to you relevant webinars with...
Hi all, As the title says, I would appreciate if someone, preferably who has worked at one of these firms for a few years, could take some time to explain the different divisions within the Big 4 firms, with a focus on Investment Banking / <abbr title="mergers and...
Posting with a new account and looking to get some advice, so here are the facts. I’m a 1st year associate at a somewhat reputable <abbr title="middle market">MM</abbr> <abbr title="private equity">PE</abbr> firm in a 2nd tier city. Graduated from...
Can anyone confirm this? I heard that this will be the case going forward with 2019 <abbr title="summer analyst intern">SA</abbr> program. No interns, including <abbr title="investment banking">IB</abbr> Summer Analysts, will be given a return offer if...
Hi, I'm doing a <abbr title="leveraged buyout">LBO</abbr> model and this is how I differentiate base case vs optimistic case in the model: - In optimistic case, I use more leverage (the deal is financed 70% by debt and Debt/<abbr title="earnings before...
So I’ve been here for a little while and have seen a balcony on the higher floors. Would it be recommended to smoke a blunt during the night time hours or during the lunch time hours? Thanks.
Hello, I am a senior in high school and now it is time for me to pick a college. I have narrowed my choices down to 3 schools. Fordham, Indiana, and Penn State. I have written a little about my financial situation down below. Penn State: In-State so total cost will be around 37K. Around...
I see a lot of people talking about the applications opening up rn. Does it help to apply early? I thought that the apps are checked after the deadline so what's the point of applying right now?
Hey guys, I've decided to hunker down and get ready for the accelerated recruiting that will be kicking off next month at my uni (second semester sophomore rn). Right now I can talk about the different valuation methodologies, walk you through a <abbr title="discounted cash...
Why do people keep telling me they know accountants that make 100k+ right out of college. Pretty sure that’s not a thing. But it’s not like you can call these guys out on their bull shit to their face. Anyone have any data points?
I'm a freshman at top 20 non-ivy semi-target (think Vandy/WashU/ND) who has come to realize that breaking into <abbr title="elite boutique">EB</abbr>/<abbr title="bulge bracket">BB</abbr> in <abbr title="New York...
Hi guys: On many of the technical interview guides, questions on 3 financial statements still use the assumption of tax rate = 40%. Given the new corporate tax rate is around 21%, do we need to adjust to using 20% when we walk through these questions in interviews? Thanks!
I'm a finance major and have taken financial and managerial accounting. I did well but I memorized for the test and didn't fully take in the material. Now I'm studying technicals by reading the Rosenbaum book. This is my first part of studying. I don't understand all of the...
Anyone get an interview yet? We hear back from the program before February 15th, but I still haven't gotten an interview. Thanks!
Hello <abbr title="Wall Street Oasis">WSO</abbr>, I want to reach out with 4 questions: First I want to ask the forum about what to expect/what role summer analysts have in deal teams and other functions of IB? From what I have heard you are often treated like a first...
Hi, I would like to know what are your thoughts on soft skills in <abbr title="investment banking">IB</abbr>. Which are the most important? How do you improve emotional intelligence?
Never posted on here but I have 3 offers for a lateral associate position (from an upper MM). Advice?
Hello, I posted a much longer discussion on the Job forum, but I wanted to bring this up here in a very quick format: https://www.wallstreetoasis.com/forums/non-target-with-great-experience-and-40-gpa-how-do-i-get-people-to-talk-to-me-when-networking I'm an undergrad with a 4.0 GPA...
Little back ground: I'm currently an analyst at a boutique in <abbr title="New York City">NYC</abbr> and broke into <abbr title="investment banking">IB</abbr> due to sheer luck after graduating from undergrad in may from a non-target. I started at...
To be clear I seriously doubt I was blacklisted, but I want to know what the worst possible case is. I applied for a 3-day "insight forum" at Bank of America which required a first-round hirevue interview. Literally the worst interview of my life...I started it 20 minutes before it was...
I'm a sophomore at a non-target (3rd year of a 5-year program) ultimately hoping to get into <abbr title="investment banking">IB</abbr> through 2020 summer analyst recruiting. I have one <abbr title="private equity">PE</abbr> internship and one...
Currently a Sophomore at a Non-Target, and was wondering what the recruiting timeline would be for <abbr title="summer analyst intern">SA</abbr> 2020 positions. I know there are threads stating that recruiting will begin in the next few months at Target schools, but was...
I was wondering if the concept of chinese walls within instutions really work? Do you think private information made available to the private side of the wall really isn't influencing how trades are conducted on the public side? Also in that context, when investors had access to private...
so I submitted my resume and transcript to a position. on my transcript, my gpa is 3.566. but i heard it's standard practice in banking to round to one decimal place - so on my resume it says 3.6/4.0. didn't see the discrepancy until i submitted it. am i totally screwed?? will HR...
Hi All! Year 13, got offers from Warwick and CASS for Management, and from UCL for IMB (information management for business). Which one would give me the greatest chances for breaking into <abbr title="mergers and acquisitions">M&A</abbr> at a top BB? I know...
So, basically I moved to the US when I was 24 (with $700, 1 backpack and 0 English) and spent 5 years in CC, and then transferred to UC Berkeley Haas School of Business Undergraduate Program for 2 years. I will be graduating this spring and I am 32 right now. I just wondering what my chances are...
I completed a summer internship at a <abbr title="bulge bracket">BB</abbr> and received/signed an offer for <abbr title="full time">FT</abbr>. After speaking with my college, I'm missing one distribution requirement course that will have to be...
Hey there folks-just want to get some perspective on how the situation is looking for internationals at [Top 20 US MBA...
Hey y'all, So here's a question for you full time folks. Do people who join a <abbr title="bulge bracket">BB</abbr>/<abbr title="elite boutique">EB</abbr> Full-time (i.e. never did <abbr title="summer analyst...
P/E is 20 Rev 2000 Gross Margin 50% <abbr title="enterprise value">EV</abbr>/<abbr title="earnings before interest tax depreciation and amortization">EBITDA</abbr> 7.5x Debt 1000 Number of Shares = 100 Interest rate 10% Operating Expense...
So with all the banks recruiting pretty early this cycle, some people are gonna be getting offers as soon as this April, like at Citi. Will these banks be doing their background checks for summer 2020 this spring 2019, including drug tests? Or will the tests be administered closer to the start...
Just wanted to get some insight into what groups are viewed as the best in terms of deals you work on and exit opps. Also any insight into which groups are showing great momentum over the last couple of years.
Are there actually ever private companies included in the <abbr title="comparable analysis">comps</abbr> universe of trading comps? Same for private/private deals in transaction comps? I honestly wouldn't know how to calculate <abbr title="enterprise...
I received summer associate offers for Guggenheim <abbr title="New York">NY</abbr> and <abbr title="Bank of Montreal Capital Markets">BMO</abbr> Chicago. Given the minimal exit ops for post-MBA associates anyway, I’m mostly comparing on the basis of...
Hey monkeys! This is my first post on <abbr title="Wall Street Oasis">WSO</abbr> but have been following the discussions for years. I'm a sophomore international student(F-1) at a regional target down south. I feel like my best bet is in Houston since there are only...
My question regards the **culture/personal fit of Investment Bankers in London**; specifically at **EB's (Lazard/Evercore/HL)** but also at BB's. I have recently been offered a Summer Analyst position in <abbr title="investment banking division">IBD</abbr>...
Envisiage advisors is the company. Echelon is also searching. Radiology Partners is looking for an <abbr title="mergers and acquisitions">M&A</abbr> anlyst/rep. Looking for undergrads/pre-MBA aka temporary position or you're playing support for a more...
Delete this thread, Delete this thread, Delete this thread, Delete this thread, Delete this thread .
I am currently employed by a tiny boutique (6 people, tiny deals). Deal size within this industry are usually under $20m. I'm not liking my time here (rife with office politics, stupid decisions by management, poor advisory practices etc.). More worringly, I've heard rumours the firm...
From what I have heard from alumni and others, it seems that <abbr title="elite boutiques">EBs</abbr> and other top industry specific boutiques pay significantly more than <abbr title="bulge brackets">BBs</abbr> for junior bankers. I was just wondering...
Why is it that providers of bank debt view mezzanine debt more like equity, thereby allowing the issuer to contribute a lower equity investment? If this reasoning is based on mezzanine debt being subordinated, then the same should apply in regard to high-yield bonds, right?
Anybody have any idea about what compensation is like at the <abbr title="New York">NY</abbr> office for first and second year analysts? The database doesn't seem to have consistent data. Thanks!
choices to make
Hey y'all, I am currently a high school senior deciding which colleges to choose from to break into <abbr title="investment banking">IB</abbr>. So far I have heard back from Rutgers, Penn State, UTD, UT CAP, and SMU. I applied for finance, but I have only been...
Was blessed to receive an offer from <abbr title="Bank of America Merrill Lynch">BAML</abbr> <abbr title="New York">NY</abbr> and am considering a few groups -- Industrials, Healthcare and Consumer/Retail. Have heard that HC and Industrials are...
I will really appreciate your help guys. Background: International student (not EU), currently a student at a target/semi-target uni in the UK. Think Bristol, Bath, Durham, Warwick, studying Economics & Mathematics. I am currently on my 3rd year out of 4 in London doing a 12 month placement...
Hi, is becoming an investment banker comparatively prestigious as becoming a lawyer (holding factors like company etc constant for a moment). I was wondering cause law (at least in Europe) takes on average 7 years + until you become a fully qualified lawyer. In investment banking on the...
I am deciding between these two banks. Would greatly appreciate thoughts on things such as lateral moves/ exit opportunities as I make my decision.
Hi all, Just wondering if anybody knows much about HSBC GBM -Investment Banking? 1. Comps for analyst and associates and comparison to other banks: Base and bonus 2. Reputation 3. Ranking and dealflow 4. What groups have the best dealflow (other than the obvious <abbr title="debt...
Hi everyone, trying to consider a few options and wanted to know if anyone had heard of this route or had some general feedback. I graduated from a non-target with a degree in finance (3.9 GPA). I have been working at a “no-name boutique” for about 2 years. One year as an intern throughout...
I am class of 2022. Just a little confused on how it works. All I know is that it is early as tits.