Silver BananaTopicReplies
Bank of America Merrill Lynch - Review - GeneralistGood people, great place with solid deal flow and unique location with bulge bracket brand name and reputation.. Long hours for pay that barely compensates for events missed out on when opportunity cost is factored in....
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Some quick questions about HireVue operations!Hi! I have just completed my first Hirevue video interview ever. (JPM) But unfortunately, I was unable to fully finish my first question in time, busy looking at the camera... not noticing that time is running out. Will this be critical to my interview assessment? Based on your experiences? I answ...
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Thought on small boutiques?Hey everyone, I managed to secure a winter IB analyst position at a boutique in NC and wanted to get some advice. Most posts on the website pertain to very well established and global banks, but when it comes to much smaller offices what would you recommend to do? It's about a month long, from what...
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Houlihan Lokey FAS Valuation Exit OppsAnyone have insight on exit opportunities for FT recruitment with a summer internship in valuation at HL? ...
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M&A Models from ScratchWhat is the best way to learn to build these models from scratch? People have told me to find a template and re-build it over and over, but no two deals are the same. I want to be able to understand fee structures and build a foundation that I can apply to any other deal. I have also considered fin...
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Advice on Breaking into Investment Banking in Toronto or CalgaryHello everyone. I'm a new immigrant to Canada seeking advice on entering investment banking either in Toronto or Calgary. I've been trying for 7 months now. I was advised to get an MBA but I simply can't afford that right now especially the top MBA programs. I do have the CFA charter, completed the ...
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JP Morgan Securities - Review - GeneralistLearn a lot from the experience and get to interact wit hundreds of really passionate individuals in the industry. LOng working hours; need to be constantly sharp to handle tons of information thrown at you, but can help one grow tremendously...
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UBS or Barclays for SA LondonHi Guys, Got offers for both, kind of in doubt as I liked people at both and both banks have certain strong groups. Don't have insights into which groups I will be placed in as of this point. What are your views? ...
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I’m gonna delete this thread but I need a unique title Delete delete delete.................….....................................:.:::::::::::::::::::::,,:::::...
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Piper Jaffray - Interview - Investment BankingNothing too unexpected. You usual, "walk me through $10 of additional depreciation", "walk me through a revenue build", "if our model is coming out with two high a valuation, what can we do to bring the numbers in line". As I mentioned earlier, they had several one on one interviews and several two...
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Excel prep / coursesHey guys, anyone of you has a recommendation to get better & learn more about excel again (as the last time in school was very long ago and we never worked with excel in Uni so far). Can be udemy courses (if they are affordable) Youtubers, sites... If they focus on finance it would be the icing ...
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IB Networking and Deal SourceingI'm 26 years old and I live in San Francisco and just joined a new company back in July. We're a boutique IB that focuses on debt transaction between 5-75mm in the form of traditional ABL, DIP financing, mezz, restructuring, bridge and some sell-side advisory (very small part of Business ~5%). BizDe...
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Stifel Nicolaus and Company, Inc - Review - Investment BankingGood work-life balance, great culture, people seemed satisfied with the place, and a lot of social events. . Separated departments, the summer was very slow overall with not a lot of deals but a lot of pitches. ...
Bank of America Merrill Lynch - Interview - Investment BankingThe interview was not that bad. Mostly behavioral questions I just did not prepare well. A couple technical questions just about financial statements. They have a script of interview questions to ask but they will ask you questions based off of how you answer previous questions. If you say you kn...
Citibank (Hong Kong) - Interview - Investment Banking1. Chinese-English translation test 2. read 3 news/articles, be ready to talk about news to professionals 3. group discussion more like small group English class, pick a article that interests to you and be able to explain why. Articles are usually recent news. try to test your market sense. also h...
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Leveraged Finance Groups' Hours Across StreetLev Fin seems to be one of the more variable groups I've heard in terms of average days. Specifically speaking, how do hours compare between BBs vs. Elites vs. Boutiques? Obviously the days are much slower than a DCM group but nature of the companies you advise could cause you to be in the office ...
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PJT vs GS vs MS vs CenterviewI am doing an off-cycle internship at an American BB (think Citi, BAML, JPM), and I got an offer to join one of the above mentioned. I networked hard in the remaining 3 with good chances to get interviews. Which one would you chose? EDIT: in London...
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Drink this Chicken Soup, Let’s Carry onThe wealth management market is always changing. We have heard about myths of millionaires, however, there are only endless winters in sight. As it is too cold, we may drink chicken soup. When your opinion differs from that of the professor’s, you may like this: “You can never think that there...
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Headhunters: Pinpoint PartnersAnyone know anything about Pinpoint Partners or their track record? They're based out of the UK but somehow are trying to get analysts to the buy-side in SF, Boston, and NYC. Don't think their connections are very strong and their biz model seems to just be sending blast emails to IB analysts on Lin...
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GS v. MS v. JP v. PJT Partners (All London 2019 SA)Hey, Still looking for insights/advice on choosing between GS, MS, JP and PJT Partners – all London offices. Thanks in advance!...
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Barclay's IBD SA 2019 HirevueDid anyone get/done the Barclays summer 2019 IBD hirevue? I have heard it is extremely hard and there are a lot of market conceptual questions. If anyone has any insight that would be much appreciated....
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BAML Best Groups & Exit OppsHi monkeys, I've seen similar threads popping up for JPM & MS groups recently and to my surprise could not find any info related to BAML. I would be curious to hear your thoughts on what the strongest groups are at BAML and how they place in terms of PE exit opps (MF & MM). I am personally a bit u...
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22 Year Old Failure Seeks Advice re: Breaking into FinanceFor the sake of brevity, here is my information: *22 years old *flunked out of undergrad after 2 semesters (did not have my stuff together, smoked pot all day and did not go to class) *worked various random jobs (sales, paralegal, billing) *failing entrepreneur (started a b2b sales business last ye...
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BMO leveraged finance?Anyone here familiar with where the leveraged finance team is housed at BMO? I see that they have 2 product groups DCM which does high yield bond and Loan Products just lev loans. Can anyone clarify?...
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2018 SA Return Offer RateCan anyone speak on the return offer rates for BB/EB in NYC this past summer? I know it is a crap shoot to get an IB FT role, but does anyone have the actual #s for each bank? ...
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JPM GF&BM or EY FSO Consulting or PNC Capital MarketsI am debating between all of these options as I continue throughout the process. Any insight would be appreciated. ...
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Am I Too Good Looking To Be A Banker??Hi everyone! I am a rising junior at a target school. I was wondering if I'm too good looking to be in investment banking. It all started a couple weeks ago at my internship with Goldman, a local Jewish owned deli, not the bank. The owner wanted to take the interns out to dinner, with his wife, ...
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Perella Weinberg Partners - Review - GeneralistGreat culture, training, and development program. Bonus is paid in cash and cash is king. As a junior banker I feel I receive tremendous support from the team and people do care about my well being.. Hour isn't the best on the street. At times the work can be demanding, but it better to be busy than...
Morgan Stanley - Review - Mergers and AcquisitionsLearned a lot about the industry especially as someone without a lot of prior experience in the business.. The normal negatives of the industry, long hours and a lot of work to go through. Was hectic 10 weeks....
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Confusion due to different interpretations of enterprise valueSo basically my understanding of enterprise value vs equity value is based on the M&I guide, which states that enterprise value should be interpreted as the value of all core-operation assets available for shareholders +debtholders, while equity value should be interpreted as the value of all assets...
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Canada Associate Bonuses MUCH Less? I have been trying to find out what I-banking associate bonuses at the big 5 banks in Canada are, on average. I assume they are MUCH lower than in the US but I have no data at all on this. Does anyone have any data on year 1, 2, and 3 associate bonus levels (post MBA) at RBC, CIBC, BMO, Scotia, TD...
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M&A Advisory and Valuation at a Public Accounting firm: How difficult is it to move to Investment BankingI recently received a FT offer for the Mergers & Acquisition Advisory and Valuation group of a Public Accounting firm. They are around the Top 10 mark in the U.S. in terms of size. My background: Senior at a Non-Target with no IB experience. Investment Banking is my first choice, however I realize...
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IB Modeling Test: Will Macabus be installed?Hi all. Took the advice of many monkeys here and downloaded Macabus lite. Been loving it. However, it just occurred to me that when I'm handed a laptop for a modeling test, it might not be installed. Can anyone speak from experience? ...
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1st Year Analyst Salary Negotiation HELP Long story short... 2 offers from BB for 1st year analyst position. Company A is 10k more salary (different position). How do I leverage Company A salary to get Company B to match. Would rather work for Company B. ...
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Deutsche Bank 2019 Summer Analyst MegathreadHey guys -- just figured I'd go ahead and start a thread for Deutsche Bank, mainly in regards to NY. Anyone got updates on DB's NY recruiting process?...
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Morgan Stanley - Interview - Sales and TradingIf you are going to design an app, what will you create? I responded with creating a personal finance app, similar to YOLT, but can set monthly budget, and combine with personal wealth management services such as stock investment, to help the younger generation to not only keep themselves in budget,...
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What is job security like in IB and other financial careers?How would you describe job security for investment bankers? Do certain groups have better security like ECM and DCM? Also, if anyone knows, what is job security like in PE, PWM, AM, consulting and corporate finance?...
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GCA Savvian - Review - Investment BankingStrong domain expertise and M&A capabilities, particular in M&A. Good culture most of the time; nice offices.. Sometimes it is unclear what the firm strategy is and different leaders have different views. Some bankers get more pressure / work than others...
Barclays Capital - Interview - Generalist1. How to calculate FCFE? And the number of discount rate you use? 2. Difference between comparable companies and precedent transactions 3. What kind of company has negative beta? 4. Why banking? 5. Why Barclays? 6. Why you? 7. Biggest weakness 8. Any leadership experience? 9. How to calculate WACC?...
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Biotech 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 Google’s...
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Why is beta of asset=unlevered beta?Didn't get this- Beta Equity = Beta Asset + (D/E)*(Beta Asset- Beta Debt) Beta Asset is not dependent on how the assets of a firm are financed and hence it is equivalent to a firm’s unlevered beta. T being the tax rate, the relationship between the levered and unlevered beta can be written as B...
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Big 4 Audit vs F500 FLDP – Which is better for a lateral move into IBD after 1-3 years? - FT OFFER HELPI'm writing this post for a colleague of mine who is interested in getting into IBD but is unable to join a bank right after undergrad. She's got offers in external audit at a Big 4 and a Financial Leadership Development Program at a F500 (one of those rotational programs where you do some finance, ...
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Boutique Summer InternshipsI intern at a healthcare consulting firm in NYC for Investment Banks, PE firms, and hedge funds. I'm very close to the managing partner of the firm I intern at and she is very connected to a lot of senior MD's at most BB's and boutique and would personally vouch for me which is helpful. She's encour...
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Citi's Freshman Discovery Diversity Program - January 2019Hi, I am a freshman who just applied to Citi's Freshman Discovery Diversity Program that is set to take place on January 2019. I was just wondering if anyone that has experienced this program or similar ones in prior years could shed some light on when I can expect to hear back and what the program ...
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General Management Bachelor for a Career in IBI am in my final year of high school and currently considering my study options. I want to pursue a career in IB here in Egypt or abroad, if I get the chance. The best program for this type of career is the AUC’s Business Administration but it’s so expensive. I am currently considering the GUC (...
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Macquarie Group Limited ABN - Interview - GeneralistThe most difficult interview question asked was in regards to a "management finance reform" event that could not be traced back to any event within the United States. Macquarie is an Australian based firm so I thought that maybe the question was in reference to a EU or ASEAN 6 based reform of which ...
Jefferies & Company - Review - Mergers and Acquisitionsreally nice team, so it was not hard for me that i did not receive a bonus after finishing the internship. worked really long hours, so the pay could have been higher to come up with all the effort for work ...
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IBD Ranking NY vs. LondonHey guys! I am currently in the process for IBD SA 2019 positions in London and would appreciate any insights into the prestige of the different BB tiers in London vs EBs. Many people in this forum talk about GS/MS/EVR/CVP/PJT etc. being better than all else, and I am just wondering how much of this...
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MD Global Partners - Review - Investment BankingGreat culture, and open door policy where interns and first year analysts are encouraged to reach out to senior bankers for help and questions. small office which can get extremely crowded during busy time; less of structure in place, had to rely on yourslef a lot...
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FT Partners Exit Opps How do the exit opps/analyst experiences are FT Partners compare to an upper MM?(RBC/WF/HL) I’ve read the last few posts about them but would like updates perspectives....
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BAML LevFin realistic placementsHi, posting on throwaway account. I'll be joining BAML LevFin's '19 analyst class in New York. What are some funds I should be realistically considering/reaching out to? I'm interested in both corporate PE and credit and wondering what type of shops are feasible. Thanks!...
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Houlihan Lokey Los Angeles Restructuring SA InterviewHave an interview with HL LA FRG for a SA gig - saw 1 thread on this but was wondering if anyone has an experience/tips/recommendations. Thanks a ton....
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Citigroup - Review - Mergers and AcquisitionsIt is an eat what you kill environment, lots of availability to stay on as an analyst, lots of exposure to big time deals.. Lots of asshole managing directors and a serious workaholic environment. Staffers have no mercy and people regularly pull all nighters....
Houlihan Lokey - Interview - Investment BankingWhat is Excel Function to Remove Gridlines? Walk me through an LBO at a high level? Why HL? Explain to me the two period in a DCF. There was a sample case question where you were advising a local coffee company with an old founder. You were asked to think of risk factors for the company and what rou...
Morgan Stanley - Review - Investment BankingN/A--------------------------------------------------------------------------------------------------------. N/A--------------------------------------------------------------------------------------------------------...
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People who have had success with off-cycle recruiting, What was your timeline? (Also is my plan reasonable?)I currently am doing an internship at a boutique and was wondering what I should be doing more for FT recruiting. I've been reaching out to alumni at bigger shops but the consensus is that FT recruiting is done. I was recommended at trying to get a spring internship at a bigger shop ie BB, IBAB, EB ...
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Information on Blackstone Tactical OpportunitiesI’m interviewing for a job with Blackstone TacOpps next month. Does anybody have any info on what they're doing or what an interview with them might look like? Are they a good group? What is Blackstone Tactical Opportunities? Blackstone Tactical Opportunities was created as an opportunity to in...
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Why do Banks ask if I worked at KPMG?Hello guys, maybe this is a dumb question but I thought about asking it all the time ... I´m just too curious not to ask. I´m currently applying to several firms in the financial sector and there are really a lot of banks who ask if I worked (they name it solely) at KPMG? Why is that? Of cour...
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Credit Suisse - Review - Investment BankingGood work/life/study balance Good salary for Russia Good experience Can give a full-time offer (rarely). Due to the fact that part-time internship it is does not really to be involved in all processes in the bank A very small chance to get full time...
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New Off-Cycle Analyst InterviewI've had a drawn out process for one of the banks (think LAZ, HL, EVR) where I started interviewing for a role in one group but higher ups killed the opening. They liked me enough to pass me onto another group in the same office where I interviewed with everyone except the MD. This group made me a v...
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BNP Paribas - Review - TradingGreat benefits, lunch and breakfast are offered. You get to go to the onsite gym if you want to. Relaxed atmosphere as well. I would say, the work life balance is rather difficult. Very long hours and difficult to "exist" if you are not a trader...
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Best PlanHi all, This is my first here.I want to know more about best investment plan available. Thank you....
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Which banks still have IBD full-time analyst applications open (for NYC)? Is it too late?Hi, I am currently a senior at a target school. I recently secured an offer at one bank, but I recently started looking for BB IBD analyst positions (late, I know). I was wondering if there were still some programs open. Thanks!...
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JMP securities superday invitehi guys someone told me that we should be hearing from JMP securities about a superday early this week... has anyone received an invite yet?...
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Summer 2020 recruiting time lineHello All, Is summer 2020 internship recruiting for BB an EB starting this January or March? Has any firm announced any open/close dates yet?...
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Starting off in corp devTo those who are in corporate development, what does your team look like? I have not heard of anyone in corp dev at the beginning of their careers. Without much knowledge on the area, I have listed some potential benefits, and invite anyone to criticise my points or provide some info. reasons for l...
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saving for educationanybody have any ideas on how to save money for graduate school? i'm planning on being an analyst for 2-3 years and want a way to park my bonuses (and maybe grow it a bit) so I don't have to take on as much of a loan. any tax-efficient ideas?...
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Best Groups on the Street - Comp, Exits, Etc.Wanted to see what everyone's opinion is on the best groups on the Street. Not specific banks but groups within banks in terms of comp, exits, etc....
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Stifel Nicolaus and Company, Inc - Interview - Investment BankingThe questions were all pretty behavioral. They asked about the experiences on my resume and situational-based questions. There were minimal technical questions, and they were very straight forward: 1. Tell me about a time when you had to work in a team. 2. Talk about a time when you had to meet d...
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Focus Financial PartnersDoes anyone know anything about this company? It seems like they give advisory to RIAs looking to merge or sell off some equity. https://focusfinancialpartners.com/...
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The Case for Choosing a Non-TargetHello all. Long time lurker here who recently "made it" by winning a summer offer for 2019 at a top independent advisory shop (think EVR/CVP/PWP). I want to reflect on my experience recruiting and hopefully help out some prospective monkeys in the process. My background- I currently go to a large s...
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Union Square Advisors - Review - Investment BankingAmazing culture, very experienced seniors, great intern lunch events. Mentorship is very strong, Entrepreneurial spirit. Not much work experience - 1st year analysts start with summer interns, so they get priority for staffings...
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Claremont Mckenna v. Tepper (undergraduate) v. Tufts for IBI've recently received offers from CMU (Tepper), Claremont Mckenna, and Tufts. Which of these schools is best for IB placement into BB banks? Any help/opinions are greatly appreciated. ...
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Liontree Culture/HoursCan anyone provide insight on how true this article is? https://www.businessinsider.com/liontree-has-worst-hours-for-investment-bankers-2018-10 Came across this and saw it claimed that bankers at Liontree average 90 hours a week... is this the case?...
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New Member Seeking InsightsHey guys, I've been on this site for a while so minds well send a post out there. I am from Burlington VT, and go to a LAC in upstate NY. I am a sophomore econ major 3.9 GPA and looking towards junior year I-banking analyst interviews/positions. If anyone has any insights on I-banking from non-targ...
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JP Morgan Securities - Review - Investment Banking-Great work environment -Everyone is focused in getting the task done but teamwork is essential -Even though long hours get tiring at times, the associates try their best to not overload the analysts with work.. The long hours will get the better of you a few days. Although training is provided, it ...
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Target schools in Ukraine?I'm thinking about taking a year from school, working, and saving all my money while living with my parents. We have family in Ukraine and $1 goes a long way over there. Teachers also accept bribes and I'm miles ahead of everyone over there in terms of intelligence anyway. Is it worth? Any targets i...
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Does previous application record matter? Hey folks I just had a question came in my mind: Many firms would say something like: "We would keep your record and encourage you to reapply in another academic year" in their rejection letters. So would last year's record really matter? For example, if I did extremely bad for one firm last year fo...
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Morgan Stanley Sophomore Summer AnalystAnyone heard anything about the Morgan Stanley sophomore summer internships? I have heard they don't touch these apps until after junior internships are filled but wasn't sure....
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2019 Citi HK SA Hey WSO, Wondering how many people have got first-round invitations with Citi HK IBD/CMO/Markets? I only heard back from CMO and am little bit anxious. Seems like last year Citi only conducted one batch of interviews in U.S. starting from Oct. Any insights would be appreciated....
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Being Blunt, is it bad?There is this person I know (not on this website) who I have to, sadly, be lab partners with and she is very rude, loud and obnoxious. She claims she is very blunt (what ever the fuck that means). I guess that means she is always honest 100% of the time, but don't care about how she hurts other ...
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Goldman Sachs - Review - Investment Bankinghttps://www.wallstreetoasis.com/node/add/company-reviewhttps://www.wallstreetoasis.com/node/add/company-reviewhttps://www.wallstreetoasis.com/node/add/company-review. https://www.wallstreetoasis.com/node/add/company-reviewhttps://www.wallstreetoasis.com/node/add/company-reviewhttps://www.wallstreeto...

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