If you can, read the whole story. Anyone out there that's gone through tough shit, heads up and never give up! <h3>My living situation as a child</h3> I was born in a third world country (middle east), very (and I cannot stress this enough) shitty living conditions. Dirt...
There was an earlier thread that mentioned more and more people felt that it was OK to renege an offer, especially in a recruiting timeline that's so butchered and prolonged (Apparently March - Present). Coming from an undergraduate student's POV, it seems that it would make sense to...
I'm a bit of a health nut (workout 5x a week, track meals, etc..). Will working in <abbr title="investment banking">IB</abbr> affect that? Have the long hours cut into your exercise habits and/or eating habits? If so, how can one mitigate that? - A future banker...
It seems to be every other post on the <abbr title="summer analyst intern">SA</abbr> threads and every other thread in this forum is begging for hirevue questions. You all need to stop. Like seriously there aren't many things that are more beta than being frightened to...
Apart from the more obvious ones such as financial modelling in Excel, what would you consider some of the most important and in-demand hard skills in today's job market? (what about tech/programming skills like Python/Data Science?)
To be more clear do you guys say "I'm in banking", "I'm and Investment Banker", "I'm an analyst"? or "I'm an analyst at MS." What's your go to?
<h4>My background:</h4> At this time last year, I was an intern in a top group at my dream bank and was so excited my life was on-track and going according to plan. Two months later began a semester-long panic as I tried to secure a full-time job after not receiving a return offer....
This new guy has just been hired and they decided to place him next to me. He is a FUCKING nightmare. Music from his earphones can be heard 6 floors down, he is constantly talking (either to himself or on his personal phone), D-O-E-S N-O-T S-T-O-P bouncing his leg and goes over people's...
tl;dr Lateraled to <abbr title="elite boutique">EB</abbr> (M&A/RX) from T1 <abbr title="bulge bracket">BB</abbr>. Do people think Energy will hit a rough patch with the impending recession? If so, are BB's destined to fall behind like <abbr...
I'm asking as a science major who's interested in the field. Is there a lot of ganging up on the junior analyst by the associates, etc. How common are "Jordan Belfort-esque" personalties usually?
Conflicted Dream Chaser
How would an undergrad student make this decision? Would you spend your time creating a valid business plan and then evaluate your decision? Would you work on your skills for <abbr title="investment banking">IB</abbr> + your business idea at the same time? Or would you...
Hi all, I'm currently a first year analyst at a mid-tier <abbr title="bulge bracket">BB</abbr> in <abbr title="New York City">NYC</abbr> for training. Simply put, I feel like I don't fit into the culture of investment banking (more on this...
Basically I got a call from HR on a Thursday saying my work visa transfer got denied so I had to pack up and leave the US by Monday. Currently overseas sorting out my situation - my girlfriend and all my friends stateside, as well as my family here, are still in shock. Background: I'm an...
<h4>About</h4> I broke into the Blackstone restructuring group, I stayed for 10 months then joined a start-up hedge fund. I'm now working on my own startup (<a href="https://atom.finance/home/?inviteCode=beta10">atom.finance</a>) focused on building a...
Please rank the 4 undergraduate programs in order of best to least with regards to <abbr title="investment banking">IB</abbr>. Stern #2 only to Wharton according to U.S News, but most on this site seem to disagree.
I messaged an Analyst at a Boutique Bank, asking if he had time to share about his path into <abbr title="investment banking">IB</abbr>. He responded with "Sure, if you pay me $100, $50 before and $50 after I'll talk to you on the phone for an hour and review your...
Almost there lol
I have done one of these AMAs ~2 years ago but it's been forever and I figured it was time for another. ###Brief Background: - Went to Target West Coast school with just "ok" <abbr title="investment banking">IB</abbr> alumni base, 4.0 GPA, economics...
Ok monkeys here it is: Highest version number you’ve seen on any file (ppt, xls, whatever) PLUS 2 * Longest number of hours spent on your second longest week PLUS 2 * Number of pages in longest book you’ve done Looking back at my 2 years in <abbr...
Per WSJ: https://www.wsj.com/articles/piper-jaffray-nearing-deal-to-buy-sandler-o-neill-for-485-million-11562618214 What are everyone's thought on this? Obviously Sandler is a player in small/mid size banking and brings an end to the Sandler O'Neill name that saw them survive the...
<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...
I am just wondering whether you all have friends (outside of the bank) or an SO working these hours? I see indication of analysts dating, but am unsure whether this is real or just people self projecting an image of themself that they want. I mean where is the time to develop serious...
Hey everyone! With <abbr title="investment banking">IB</abbr> <abbr title="summer analyst intern">SA</abbr> and full-time recruitment starting up in Canada over these next couple months, lets get the thread going! This is make or break for some of us...
Hi all, I have been interested in energy for a while now but have not been able to dig up a consensus on deal flow and relative strength of the different banks. Took a brief dive into my school Bloomberg and below is what I found. Focused on purely <abbr title="mergers and...
Hey Everyone, I am considering leaving my current role in spite of not having an offer lined up and, prior to doing so, wanted to get feedback from the broader group. For context, I am currently a 1st year analyst working in a back-office function at a <abbr title="bulge...
I currently have not even been offered an interview at any of the 25+ banks I have applied for. When is it time to panic? I go to a non-target school but I have high GPA and <abbr title="investment banking">IB</abbr> internship experience at a small boutique.
Currently at a <abbr title="bulge bracket">BB</abbr> in Ops and been here for 2 years. There’s an internal program to move to <abbr title="investment banking division">IBD</abbr> for which I’ve made great connections and think I have a high...
I am a 20 yr old Ivy league rising junior with a 3.7 GPA. Assuming no risk is too big, what is best approach/career path for making 1 billion dollars before the age of 40? I get that this is extremely aggressive but was thinking about <abbr title="investment...
Conflicted Dream Chaser
My situation: My theory+technical understand is not the best. That being said, I actually struggle really understanding what's going on in the markets + news. Id like to be able to actually form my own opinion on matters rather than just tag along what I hear. Timeframe: I have all day...
The market seemed to be a little sketchy last week and even though this will probably blow over, I think we can all agree that at some point in the next few years we are going to see a big recession just considering the fact that we've had a 10 year bull market. I was pretty young in 2008...
A lot of Democratic candidates are talking about making healthcare a public institution available for everyone. Would this completely destroy the healthcare sector of IB? Should junior <abbr title="investment banking">IB</abbr> employees avoid being placed in the...
**Background** Hey <abbr title="Wall Street Oasis">WSO</abbr>, I've been a longtime lurker (for some advice, but also for the laughs) and thought it's probably time to contribute back (as I also have something somewhat valuable to contribute now). Some general...
I'm an undergrad with a 3.1 GPA in a hard major. However, my GPA is a 3.5 if I exclude two semester during a direct family member terminal illness. I list my current GPA on my resume, but not sure I should include the 3.5 explanation or just wait to explain in an interview. Would prefer to...
Has anybody heard from PJT's Strategic Advisory about first round interviews and Superdays? Applied in March and updated app in June, but haven't heard anything since. Interested in <abbr title="New York">NY</abbr> and SF offices.
Am hearing a number of analysts and associates at my firm discussing this, one apparently having gotten confirmation from someone he knows at JPM. Can anyone else confirm or deny anything in regards to the specific teams/groups/sectors that did or didn't make offers as well can anyone...
I’m in a position now where I have an offer at a bank that I’m somewhat happy with, but it’s by no means my first choice. It’s a smaller bank so don’t want to give too much info, but think somewhere between Lazard and Baird with regards to prestige. The issue is my offer expires next...
<abbr title="investment banking division">IBD</abbr> at both. While <abbr title="Deutsche Bank">DB</abbr> is still a <abbr title="bulge bracket">BB</abbr>, given the recent news around the firm I feel as though this decision is a...
Monkeys, With 2019 analyst bonus season in full effect, any ranges for bonuses received yet? Also for single data points, see below for template. Level: A1, A2, or A3 Base Salary: Bonus: Type of Bank: <abbr title="bulge bracket">BB</abbr>, <abbr...
What's the reputation of HSBC today, specifically in New York, and what kind of exits they have to <abbr title="middle market">MM</abbr> <abbr title="private equity">PE</abbr>, if any.
Has anyone heard back from EVR 2020 process for first round interviews? I know apps were released just last week. Thnx
Hey monkeys, As I am a rising sophomore at a non-target, I have been trying to position myself as best as possible to land an <abbr title="investment banking">IB</abbr> gig. I understand that a very common path is for students to do an internship in <abbr...
I go to a west coast tech-focused university and I’m starting to wonder if <abbr title="investment banking">IB</abbr> is the right call. The best talent in my peer group are going into rotational programs or fintech companies. It seems like the main upside is a faster...
Hello! Has anybody received and completed the Goldman Sachs hirevue Investment Banking for the <abbr title="New York">NY</abbr> branch? If so can you please share what specifi questions you were asked and how many? Would be happy to share mine too. Thanks
I have some questions about the general expectations after receiving a <abbr title="summer analyst intern">SA</abbr> offer: * What should you be studying/doing before you enter a SA? * How prepared should you go into your internship? -----for example: what skills...
Hi All, I am an analyst with a top 3 <abbr title="bulge bracket">BB</abbr> in CEE in the back office (finance) since February, and I dread every day coming to work. The work is extremely mundane and boring and I am not learning anything as most of the work is running...
Which banks give undergraduate investment banking summer analysts signing bonuses? and how much are they worth? (New York)
Hey All, This is my first time posting so I hope its in the right place lol. Just for some background, Im 30 years old from <abbr title="New York">NY</abbr> (Long Island) and after law school, instead of going to practice, serendipitously founded my own tech/fitness...
Due to some extenuating circumstances combined with an exploding offer, I accepted a 2020 <abbr title="summer analyst intern">SA</abbr> position at a top <abbr title="middle market">MM</abbr> bank (Baird/Blair/HL). I'm at a target with a good GPA...
Hello <abbr title="Wall Street Oasis">WSO</abbr>, A moment of silence for the equity desks at Deutsche. But on a serious note where is the future in finance. Commissions have been cut back, compensation has decreased, and ai and machines are slowly taking over the...
Why does everyone want to work in the front office? What is it that is so appealing? Anyone got any thoughts?
Thanks everyone, I got the information that I needed. For the sake of remaining anonymous I have removed what I wrote here, gave a little too much information.
Is VP by 30 possible if you do A2A? How possible/achievable is it to make VP by 30 at <abbr title="elite boutiques">EBs</abbr> or BBs?
In the recruiting process for PJC and would love to hear others' updates. Office socials were mid-July and phone screenings followed/are ongoing. Has anyone heard back from their phone screening? Good luck everyone.
Never thought I'd be making a post like this but here I am, months down the line in the recruiting process with no Super Days or offers in hand. Had very strong pulls (VP referrals, good connections with HR, etc.) at BB's and a couple other top shops where I genuinely thought I would...
Hey everyone. Hoping everyone could share what they know about banks' offer rates this summer for the <abbr title="summer analyst interns">SAs</abbr>, so people that are recruiting <abbr title="full time">FT</abbr> have a better sense of where...
Wells Fargo <abbr title="summer analyst intern">SA</abbr> 2020 applications opened up today for <abbr title="investment banking division">IBD</abbr> so I just wanted to get a thread going to stay up to date with the process. Does anyone have an idea of...
Wondering which is better for investment banking placement for UNDERGRADS Notre Dame Mendoza or IU Kelley
I'm interested in Big data+finance and considering making a job of mgmt consultant. I like analyzing data, using my knowledge in finance, and doing presentation in front of others with my analysis+own solutions. I've also considered Trader, but i'm kind of talkative so i think...
John Gorilly 123
I will be a freshman at an Ivy in the fall, and I was wondering if double majoring in applied math and computer science is a good combo for placing into a top <abbr title="investment banking">IB</abbr> position?
It's known that most banks have been moving north to the midtown area. Out of curiosity, what are the top <abbr title="bulge bracket">BB</abbr>/<abbr title="middle market">MM</abbr>/<abbr title="elite boutique">EB</abbr>...
Are first round invitations out for <abbr title="private equity">PE</abbr>, credit, or real estate? Either for new york or the LA office
Sorry for double post / cross post (also posted in job search forum), but would like to get insights on the <abbr title="investment banking">IB</abbr> option from this crew. My story: - did a degree at a top 10 undergrad - a few years consulting at a small place...
Just got an email for a first round with Deloitte corporate finance, which is their <abbr title="investment banking">IB</abbr> group. Anyone have any experience with this, or know if it’s behavioral or technical oriented?
In the world of college sports, top athletes from high schools all over the country compete to join the best programs for 2 to 4 years. Just like college sports, banking takes the absolute cream of the crop of their pool, sometimes less than 1% of those who want it, simply because there are not...
Good day <abbr title="Wall Street Oasis">WSO</abbr>, I'm currently a non-target student that's been looking for the best self-study materials. Any suggestions? I'm not really looking for the typical BIWS and WSP packages considering I'm either already...
Just curious where people would be willing to renege their offer for <abbr title="Goldman Sachs">GS</abbr> IBD: * <abbr title="investment banking">IB</abbr> MM? * <abbr title="mergers and acquisitions">M&A</abbr> EB? * ...
Please tell me how outrageous this is, but am I stupid for not trying to leverage a family connection to get into IB? I have a very close relative who is a VP at a top <abbr title="bulge bracket">BB</abbr>, but I don't want to be known as "that guy" who just...
Let's say a company currently is at <abbr title="enterprise value">EV</abbr>/Rev=8x, <abbr title="enterprise value">EV</abbr>/EBITDA=12x. Next year, its multiples are <abbr title="enterprise value">EV</abbr>/Rev=6x, <abbr...
What 5 books will give me a strong grasp of knowledge on a vast majority of finance topics? <abbr title="investment banking">IB</abbr>, <abbr title="hedge fund">HF</abbr>, <abbr title="asset management">AM</abbr>, PE….. Etc....
Thoughts on rounding a gpa up from a 3.1 to a 3.2 gpa. I go to a target school for most <abbr title="bulge bracket">bb</abbr> banks but most of them have 3.2 gpa cutoffs?
First year here: Am I the only one who is completely annoyed by Italians in LDN <abbr title="bulge bracket">BB</abbr> <abbr title="mergers and acquisitions">M&A</abbr> teams? It sometimes seems these folks do stick together across ranks like...
Hey <abbr title="Wall Street Oasis">WSO</abbr>, Just wondering if anyone could share any insights into which <abbr title="investment banking">IB</abbr> division is the most satisfying to work in (M&A, <abbr title="leveraged...
Hi all, I just hit the desk (IB, NYC) and have had little trouble with the technical/conceptual difficulty of the work. However, as basic/simple as this may sound, I'd love **advice on maximizing focus at work.** This is especially relevant in banking, as many of you know, where certain...
Hello All, I'm currently a rising junior at a semi-target. I have a couple phone screens upcoming and I'm told by my connections there I'll need to discuss my GPA. I have a around 3.2-3.3. I have no trends. Basically just hovered around it. I have very interesting, but largely...
Does anybody know what Cowen and Company is like in 2020? Thinking about applying to their Houston and Chicago offices.
I'm currently a <abbr title="summer analyst intern">SA</abbr> at an <abbr title="elite boutique">EB</abbr> and in the last few days, I talked to headhunters about entry-level roles (analyst 1) in <abbr title="middle...
Have been looking into Rothschild & Co.'s Restructuring and Debt Advisory Group vs. Greenhill's <abbr title="mergers and acquisitions">M&A</abbr> Group vs. Centerview's Advisory Group. Rothschild definitely has reputable European <abbr...
Hi, why do you assume a constant capital basis (i.e. Capex=D&A) from the terminal year of your projection period onwards? After all a growth rate is added to the <abbr title="free cash flow">FCF</abbr> of the terminal year which then is treated as a perpetuity [FCF *...
Please Rip my resume apart. Applying to both <abbr title="investment banking">IB</abbr> Internships and Master in Fin. Programs this upcoming fall. Any insight is encouraged and appreciated, no matter how brutal
Hi all, I have a superday for Guggenheim that will take place in August at the <abbr title="New York City">NYC</abbr> Office. I was wondering if anyone had insight on what the superday entails and what to expect. I would really appreciate it. Can also make this a thread...
Anyone have any insight into their process? I know the applications have been open for months and I've heard they have a week-long "Energy Banking Boot Camp" coming up in August. Have they already filled 2020 <abbr title="summer analyst intern">SA</abbr>...
Hi all, I'm currently preparing for a first round with Allen & Co and have read through some old threads about their abnormally lower return offer rates. Typically I would try to ask this question during a networking call but given how difficult it was to track them down I haven't...
Will be a freshman at wake forest. Any advice on how to treat my freshman year regarding networking, internships, gpa, and general life advice. Very interested in <abbr title="investment banking">IB</abbr> and just want to absorb as much advice as I can get before I head...
Have you ever gotten through multiple interviews, great coffee chats, impeccable compliments on your demeanor, but STILL did not get the job? Have you ever worked at a job full of empty promise promotions, piling loads of work, and still did the job WELL, but still no offer? Share a time...
Hi, Say I apply to all the <abbr title="bulge bracket">BB</abbr> sophomore programs or just <abbr title="summer analyst intern">SA</abbr> spots that take sophomores and completely make a fool of myself. Will this hurt my chances for recruiting as a...
Hey monkeys, I've tried searching this up a bit but can't seem to find any direct or clear answers. When you connect with people on Linkedin, you can often see their contact info which includes their email. However, often it is their personal email which they used to make their...
In terms of how well a story can flow and how it's viewed for junior year <abbr title="investment banking">IB</abbr> recruiting. My rankings from what I've read would be this: 1. Boutique <abbr title="investment banking">IB</abbr> 2. ...
This group seems to get a lot of recognition on this forum even in recent threads. Whenever someone asks "Which groups should I work in at bank XYZ?", Mergers and Acquisitions is sure to show up. Just curious why there is so much hype with this group in current times (2019).
Before I start, I realize I've screwed up big time, so please try to be helpful instead of telling me everything I did wrong. Anyway, I'm a rising junior at a semi-target (prestigious school, but not a huge finance place) with solid gpa (3.75), good extracurriculars, and I'm a...
I'm completely new to finance, and I'm planning to apply for a summer analyst pos next summer. Please drop a list of the best <abbr title="investment banking">IB</abbr> resources for me to create a good knowledge base for interviews, applications, basic things...
I just got a first-round phone interview. All of my other first-round interviews were at school. For a phone call, do I call them or should I give them my number? Sorry for asking this stupid question. Thank you for your help in advance and any kind of advice for the interview will be really...
Win a Year of <abbr title="Wall Street Oasis">WSO</abbr> Premium for FREE - Next Drawing is October 1st, 2019! Show off your knowledge of Callable Bonds with our "Call Me, Maybe?" Quiz of the Week! <a data-quiz="QF4DLYW" data-type=4...
I am curious about this division. I haven't seen much about it in any threads on this site post 2013. What is the culture/hours/comp in this division. What are the top groups leading this space currently? How are the exit opps? Also, why is this division barely mentioned on this site...
Figured I start a SEC goldman thread since the other one is overrun by those u <abbr title="investment banking">IB</abbr> boners... jk Received a Hireview last week anyone heard any updates about timelines etc
Currently attending a Canadian University and am a citizen. Want to make sure I am doing this right, when application asks "are you currently authorized to work in the country in which you are applying" I answer no, and when asked "Will you in the future need a sponsorshp to work...
Garbage Chimp 3131
I just finished my junior summer internship at a <abbr title="bulge bracket">BB</abbr> and received a full time offer. Any recommendations for how to spend January until the start date in July? I am graduating a semester early in December. Options I was thinking...
Havent seen any thread regarding APAC so i thought id open one. With apps open, anyone heard back/did a hirevue, feel free to discuss any related topics regarding the 2020 <abbr title="summer analyst intern">SA</abbr> in SG/<abbr title="Hong...
Hey guys, I am genuinely stuck in a very weird space right now. I am in a top 70 US undergrad with a 3.31 GPA. I wanted to be an actor and made some short films but due to fear of political persecution(use your imagination) I decided not to pursue it. My Mom got cancer and I had a poor first...
Hi everyone, Did anyone hear back for a 1st round phone interview for Deloitte's 2020 CF Full Time Analyst program? I feel like it has been a bit and haven't had much communication. Thanks All!
Hi all, Im working at Indutry in marketing department on a temporary contract matter (was maternity leave cover). So my contract was about to end in "n" months, and i was about to start lookin for another job and applied for <abbr title="McKinsey, Bain and...