Silver BananaTopicReplies
0
Harvard Extension School

MoneyisHappiness

Current high school student who is interested in attending a university for a couple years and then I want to transfer into Harvard Extension School. I just have a few questions 1. Do employers look down because it isn't Harvard College? 2. Do you have access to networking events and facilities? ...

8
+9
Youtube Vlogging as a Career over Investment Banking?

themonkeyking

What do you think? It needs very less investments, the career at the start is pretty slow and one makes no money for over a year, but after 3-4 years, it will make money on its own. 2 videos a week, part-time income goes, less than 10 hrs of work. You can work in McDonald's by the time you grow you...

60
+3
CF BIG4 Poland -> BB IB London (when should I start networking?)

Albinosek

Hello everyone. I'm a recent graduate from Warsaw School of Economics with a terrible GPA, which I believe is near to the median GPA (4.16/5.00). I've been working for one of the BIG4 firms for several months now. As you can imagine, I can't brag about grades I amassed throughout my college journey....

10
+2
Top Healthcare M&A Groups

Obadiah

Interested in hearing your thoughts on which banks have the top Healthcare M&A groups. I've been receiving conflicting answers, some saying BBs (JPM, GS) and others saying EBs (Evercore). I'm hoping this post will clear things up. Thanks!...

3
+1
Advice for prepping for IB technical questions for Non-Finance Background Kids

HedgeIt

Hi everyone, I'm looking for advice to prep for technical questions for IBD SA 2020 recruiting. I'm a sophomore at a Target and just made the switch to finance (previous summer) so I don't have a crazy knowledge on financial modelling. So far, I have mainly focused on modelling courses and readin...

1
+3
UMiami for Finance

throwaway193914

I'm thinking about transferring into UMiami next Fall as a Junior for finance. Just curious if there are any alumni or people working in Finance in South Florida that could shed some input on their finance program as far as recruiting goes. ...

12
+18
BB Operations MD AMA

Opslivesmatter

Haven't seen too many posts to shed light on this so ask away. Also see my latest post here: //www.wallstreetoasis.com/forums/how-to-get-the-md-to-push-your-resume Mod Note (Andy): This is an older AMA originally posted on 2/20/16 but the OP let me know he's still able to answer some questions! C...

121
+8
Help with offer decisions.

thenewchimp

I’ve got the Jefferies IBD summer, BNP sales and trading summer, and a grad offer with KPMG for accountancy. What are your thoughts on these offers, which would you take, and what will stand me in the best stead for a career? ...

25
+1
SA Summer Housing

I Am Not Uncertain

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1
+1
What's the point of activism defense?

Hooligan low key

A lot of banks advise boards on defending against activist investors. I'm curious, if the goal of an activist investor is to unlock shareholder value, why do companies pay advisors to fight them? By paying fees to do so, isn't this essentially acting against the best interests of the shareholders?...

5
+1
Charlotte Summer Intern Roommate

Prospective_Pledge

Interning for an IB this summer in Charlotte and looking for a roommate. Most likely interested in getting a 2 BR apartment in Catalyst. PM if interested....

1
+1
Shareholder Advisory & Activism Defense

ursnmzgzgzg

Future exit opps from activism defense at a top BB (GS/JPM/MS)? Interested in PE down the road, and don't know much about the group as it is new. ...

5
+1
term loan interest based on initial principal amount

hanso6

Assuming a company is granted a term loan with a L+425 bps (LIBOR Floor 1.25%). Besides paying interest, it also plans to reduce the principal whenever excess funds are available. Will interest payments then be calculated in reference to the initial principal amount or to the one that is left after ...

2
0
How to break into Corporate Banking in Canada?

corporatebanking

Hey guys, looking for some guidance on my path to breaking into corporate banking in Canada. I'm fully aiming for Bay Street, I have no intentions of working in the States so I'm looking for guidance on how to get into the Big 5 (RBC, TD, CIBC, BMO, Scotia) Firstly, school-wise which schools are gr...

10
0
MTS Health Partners: more information on firm?

dare34

Any opinions on this firm? ...

17
+1
LIFO to FIFO and COGS increases? Does not make sense

XHexK12

If a company changes from LIFO to FIFO, how would that impact its financial statements? The answer says that assuming costs are increasing, LIFO to FIFO will increase COGS and thereby decrease Net Income. It will also reduce taxes and inventory. However, my understanding is LIFO (high COGS) to FIF...

3
+4
Credit Suisse Autumn / Final-Year Internship London IBDCM

will_ibd

Hey guys, I got an offer for the Autumn Internship at CS in IBDCM starting from September 2019. I was wondering if somebody knew a little bit more about it, like how many interns do they really hire after this 10 week programme (conversion rate). The HR rep told me it was very "competitive" but did ...

7
+1
Chances to get FT in IB coming from well-known University but having studied Economics?

Sheep29

Hey WSO community! I will be pretty brief: - economics background in one of the best EU universities (Bocconi University); - internships in well-known and prestigious places but not in IB: European Commission, Embassy of Italy (economic office), Mediobanca (research center of this Italian bank); ...

4
+2
Options outside NYC IB

bugssi

I am currently a freshman at a non target. I would like to work in IB in NYC to start my career. I love the city and the opportunities IB gives you seem to be stellar. However, I can't see myself starting a family in NYC, and that is a goal of mine. I would like to remain on the east coast somewhere...

3
+1
What are the hours really like now?

bugssi

Saw a post yesterday of somebody saying they work 70 hours in a *busy* week. The norm seems to be 80 hours on average. How many hours can an analyst/associate be expected to work at a BB compared to an EB and a MM? Also, is the pay drastically different for the hours worked? Thanks...

1
+1
Interview process help

Throwaway201820192020

Made a throw away account for this. Wondering if I could get some help understanding an interview situation I’m in with a boutique bank. Had three phone interviews in a short period of time. At the end of each interview I was told the process consisted of two or three phone interviews followed b...

1
+2
Raymond James Tech and Services Atlanta

StraightCasHomie

Can anyone shed light on RJ Tech & Services for summer analyst (tech sector rep, deal flow, prestige). How good is the group and does it justify going to Atlanta rather than NYC or SF? Any comments would be appreciated. Thank you. ...

4
+1
Strategy to IB

BobDole1234

Hello all, I've been a reader of these forums for a few months now, and want to gather some advice. I've been a strategy consultant with a big 4 firm overseas for just over 1.5 years, and want to make a jump back to the U.S. There's a limited number of strategy positions available, and wanted to he...

1
0
Barclays TMT SF vs. NY

APAPAP17

Monkeys, Can anyone shed some light into the differences between the two M&A groups? I would to hear about the cultural differences, analyst class sizes, types of deals, exit opps, etc. I'm assuming compensation is the same. Thanks homies. APAPAP17...

8
+1
HSBC Paris Graduate Programme Strategic Transactions Group

will_ibd

Hi Monkeys, Does anyone have some insights into HSBC's Graduate Programme in Paris regarding market presence, deal flow, exit opps etc.? It's a 2-year programme with 4 rotations in the Strategic Transactions Group: M&A, LAF (Leveraged and Acquisition Finance), ECM and DCM. If you had an offer f...

1
+1
MiM to IB

stitchfix01

Hi, this is my first time posting on WSO. Hoping this helps. Currently a final year student studying law in a top tier Law School in India, with prior work experience in a BB in India (no offer) and also written CFA Level I. Want to transition into IB in Europe. If I were to pursue an MiM from LBS ...

2
+1
Informational Calls: What to say?

BaguetteMan

Hey WSO, I'm currently a freshman at a Canadian semi-target for TO IBD. I've been networking for a little over two months now, sending cold emails to alumni and just people in the industry as well. One thing I've noticed is that the first phone call I set up feels a bit forced. There's good chemist...

3
+1
Getting emails off Linkedin

Bugsbunny7

Hey all, I am a freshman at a target university and I'm currently reaching out to a whole bunch of investment banking (boutique and MM), PWM, and PE firms near my hometown. My strategy so far, specifically for boutique banks, has been to find an MD/Senior Partner on Linkedin, and then find their em...

4
+2
MBA to IBD Associate with low GMAT

BaseballSluggerz

WSO, Apologies if this is in the wrong forum - Mods, please don't hesitate to move. I was recently admitted to a T20 MBA program. After 5-7 years working in equity sales I decided it was time to get my MBA and try to break into IBD. Didn't have the opportunity to recruit into IBD out of undergrad...

6
+1
JP Morgan 2019 Quantitative Research Internship Hirevue/Codevue Interview

jingqh

Does anyone have any idea what the questions for 2019 Quant Research Analyst internship at JPM are like? I Googled it but couldn't get many details on this particular role. The email says the Hirevue (actually it's Codevue) interview will be 45 minutes long. Not sure if it's solely a coding challeng...

1
+1
Hi folks. I am new here

powersize

Hi folks. I have started my career as a M&A Analyst at a small IB boutique and after a year switched over to being a Data Analyst in Thomson Reuters (gathering info for all M&A, PEO and PE transactions for Thomson Reuters Eikon product). Yesterday I started a new position as a Financial Modelling a...

1
+2
Overcoming Absymal GPA/Non-Target for Lateral Hiring

Oper9er

I have about 1 year of full-time experience and a summer internship in IB/M&A with a small boutique. I’ve done very well in this job and have been a high performer since my internship. Deal flow is excellent and I’ve learned a ton. I was able to take on associate responsibilities as well and cru...

1
+1
Difference between JP Morgan and JP Morgan Chase

HopetoBank

I've always thought that they were the same. Apparently not. The big money/main jobs are at JP Morgan (investment banking) and what goes on at JP Morgan Chase? Are J.P. Morgan and J.P. Morgan Chase the same? Although the naming of J.P. Morgan and J.P. Morgan Chase are very similar, they both of...

15
+4
Jefferies Houston; other similar boutiques?

RiptideU

Wanted to get a feel for the culture at this group as of the last 1-2 years. Seems like deal flow is insane but haven't had the chance to hear from current or recently department junior bankers in this group. Spoke with a former analyst who used to be there almost 4 years ago but wanted a more recen...

32
0
Barclays TMT

GoldwingX

Hi guys, anyone have any updated insight on Barclays TMT given the transition there? Heard Tech and M&T split up etc. Would love to hear some insights esp on Assoc life there e.g. hours etc. Thank you!...

4
+2
Boutique analyst through the schoolyear lateral advice

momnpopshop

I have been working as an analyst (my title is not intern) at a small boutique throughout this year of school. I go to an unranked state school in the Northwest, and have a pretty good gpa (3.4+). Will upper MM's be interested in me if I start to network with them? Is one full school year of IB M&...

6
+3
Unlevered beta and Levered beta, which one do we usually know first?

Kevin ZH

I know that the formula for these two is: Levered bottom-up beta = Unlevered beta (1+ (1-t) (Debt/Equity)) But which one do we know first and how? Thanks a lot!...

6
+3
Interview Q: P/E vs EV/EBITDA multiple, which one is usually higher and why?

MrFetching

Hi guys, First entry on the forum so bear with me... ( also, happy new year to all ) I recently interviewed for an internship position for a boutique in London, thought it was going really well, got along with the analysts who were interviewing , etc but had one question that kind of threw me off ...

8
+2
Please guide me

jialopet

I am 24 and am looking for guidance in terms of my career path in investment banking. I attended a non-target school, had a very low GPA and to top it off I never actually completed my degree. I am extremely embarrassed about this and I really tried to complete it. I had several struggles wrapping u...

1
+1
Investment bankers and Accountants

Michaelkane

What does an M&A analyst do when complex accounting issues get involved and accounting knowledge is needed for instance in building a Merger model ? Does the role of two overlap? ...

3
+1
Lateraling from a BB to a MM

Goldsoulboi

I currently work at as an analyst at a BB in nyc and would like to transfer to a MM bank in a smaller city after my first year. I have a whole bunch of different reasons for doing this. But I was wondering if anyone had any experience doing this? How should I go about this? There is a specific MM ba...

3
+3
When does 2020 full-time recruiting start ? (US & UK)

EBITDAD17

Hi everyone, When does 2020 full-time recruiting for analyst positions in both the US and in the UK start? Thanks...

2
+1
Raine Group - any information? Culture, Hours, Leadership, Deals, etc.

THEBLUECHEESE

Not much information on this highly successful TMT boutique shop. Anyone have good intel on these guys? Yes I know they work on TMT deals and own the SoftBank relationship and etc. But what about culture, hours for junior employees, leadership and direction of firm, chance to rise thru ranks, etc....

5
0
Prestige - Associate at Mid-Tier BB vs. MM PE (<$1bn Fund Size)

fkumoney

What is the relative prestige (as assessed by people outside high finance) of being an Associate at a mid-tier group at a BB bank vs. an Associate at a MM/LMM Private Equity shop. The only looks my group typically gets is from smaller shops (sub $1bn fund size) that focus on small deals. Currently ...

3
+1
IBD Landscape in HK/SG 2019

thesmallshort

For those of you that work in the APAC region, where do you see the most activity lately? M&A, S&T, capital markets, leveraged finance? Additionally, are boutiques/independent firms still seen as second-tier compared to their BB counterparts (as opposed to EBs like EVR/CVP/PJT in the US and LAZ/Rot...

1
+1
another one - interview advice

Burkamp

To prepare for internship interviews I've worked through the book "Investment Banking" by Rosenbaum/Pearl and honed my Excel and PPT skills. Would you advise to additionally study one of the interview guides? I skimmed through one of them but had the impression that quite a few things are too simpli...

1
+1
Any tips for an OCR presenter/rep?

GoingToBeAnMD

I work for a BB and I've done various roles around incoming analysts including super-day interviewing and managing 3 SAs. This year, I've been informed that I will also be doing some OCR work and some of those dates are already being lined up. I will also be assigned to sifting through resumes to se...

1
+1
Will past ignorance come to haunt me? How long do I-Banks keep resumes on file?

mjor23

Coming from a European country with no tradition in investment banking, studying domestically an irrelevant subject (Engineering) at an unknown uni to investment bankers (even though it is top 100 in Engineering globally) and with minimal experience and a poorly made resume, but at the same time fa...

5
0
Top MM Boutique vs Bottom BB Firms

thetrilogy8

Looking into investment banking and specifically a summer analyst position. When comparing a top MM boutique, such as William Blair or Houlihan Lokey, to a bottom BB such as Macquarie, BNP Paribas, or Mizuho, which would be a better option? Speaking in terms of PE/HF placement, compensation, work-...

17
+3
exit opps - shareholder activism group

CaliforniaBankerrrrr

Hey all, just wondering where associates/2nd year analysts typically exit to from shareholder activism type IB groups. I know activism defense advisory is offered by some BB and EB banks and was curious if most stay in IB or eventually try to land at an activist fund or in PE. ...

13
+26
Non-Target to MM IB: My Advice

anonymous_789

Although I’m not as interesting as the Tibetan monk who realized his true passion is staring at Excel 18 hours a day, hopefully I can help a few monkeys find the golden/Goldman banana of internships. For advice, you can find me at [email protected] I began college at a large public universit...

8
+24
JP Morgan HireVue Actual Interview Questions for Online Interview

Pierpont

Just completed the HireVue for JP Morgan IB- FT Role. 7 questions, 30 second preparation, 3 min to record your answer. Interview Questions for JPM HireVue Interview Questions will vary based on the position. You can expect some of the following questions: Why are you a good fit for this position? ...

96
+12
Best Groups at BBs, Best Banks for certain Groups Ranking

TrackBack

Just 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) M&A Equity Debt Healthcare TMT Industrials Consumer/Retail Energy Real Estate LevFin Financial Spons...

42
0
How long did your background check take?

Vectors225

It's been over 3 weeks, or 16 business days, since my fingerprint. The initial email from the HR said it would take 5 days, which I doubted, but I didn't think it would take this long. Is this normal? The background check agency is First Advantage. I checked in with HR after 2 weeks and they said th...

36
+1
What does everyone mean by “technical skills”?

Pa La Pinga

I hear this being thrown around a lot. What do people mean when they say someone is “more technical” than someone else?...

2
+1
MS Finance Programs

momnpopshop

Well boys, looks like I am striking out on this whole IB gig. Anyone familiar with MSF programs at UVA/Vandy/WUSTL? Anyone know where I can get a profile evaluation on my chances of admittance? Im a state school kid with IB experience (nothing full time)....

1
+2
Restructuring Modeling Test

whaz

I'm in the process of lateraling from a BB industry group to a top EB restructuring group. The next and final round involves a 2-3-hour "restructuring modeling exam." Is this mostly a formality, given that I have already made it past the superday? What should I expect the test to consist of? Would g...

6
+1
Vanderbilt vs Emory for IB?

Sernie Banders

Was wondering how Emory and Vanderbilt compare for IB recruiting in NYC? And would it be worth transferring between these schools?...

3

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