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+12
"Modelling" has to be the biggest misnomer in this industry.

Leonardo-Cope

I remember back when I was still a student, being intimidated by the idea of having to form "models" - despite my undergrad being in physics. It turns out in finance, "modelling" just means dividing one excel cell by another, saying "yeah sure, that growth will...

39
+10
Financial & Valuation Modeling Boot-Camp

WallStreetOasis.com

<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...

54
+7
IB in Los Angeles - banks, groups, culture?

californiadreaming000

Hoping to learn more about investment banks in Los Angeles. My current firm's only california presence is in San Francisco. I've done a bit of research and think I understand which banks are in LA, but it's hard to tell what groups are out there. Also hoping to know a little more...

39
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0
transaction comps versus multiples method valuation

bmwhype

what is the difference between the two? they both look at multiples as a valuation parameter but......

4
0
Work Etiquette

uppereastside

Who is with me on this? I think those who don't flush the toilet or was their hands in the restroom should be fired. I can understand this in middle school, but why do people in high-finance do it too?...

1
0
How Bad Should We Want Goldman?

goldson23

Is it safe to say we should not quit until we land Goldman? If we got a BB summer internship we should not relax until we get Goldman? Is Goldman fully worth us spending our summer internships and first couple months in senior year working on our interview skills for Goldman?...

83
0
Former NYC ibanker told me she got 4 days off total during 1st year

sleepyguyb

She worked at BoA NYC ibanking. Her first year 4 days off total. Thats 361 days of working (maybe not all full days, but only 4 days totally off). Thats fucking crazy....

20
0
List of Tier 2 and Tier 3 i-banks in HK

ibd victim

Anyone know who the tier 2 and tier 3 i-banks in Hong Kong are? Thx....

1
0
Recruitment Consultants

random99

Anyone know of good recruitment consultants in the UK. I have used a few which are useless. So want to contact a few that can really help me with a career move to another bank...

4
0
internship with Bloomberg...

Jude84

Ok, should I call BS on this? A buddy of mine just landed an internship in D.C. with Bloomberg making 19/hr. But get this he is a poli sci major at a third tier non-target with a 2.5 GPA. Apparently he's going to be covering financial news or whatever in Congress, I forgot the rest of the details. B...

0
0
which banks block ibankingoasis?

armchairnabokov

...just curious to see who can procrastinate here at work and who can't......

1
0
Trivia---Name the 10 largest

HomerS

Name the 10 largest LBOs in North America in the past 25 years! Bonus if you can name transaction value too!...

9
0
DE Shaw Credit Opportunities vs. Sankaty Advisors Analyst (Pre-MBA)

HFPrimate

Hey, There have been a few posts about Sankaty, but I wanted to ask as to whether anyone knew about DE Shaw's Credit Opportunities Analyst role, and how it would compare against Sankaty's Analyst position (similar job descriptions), in terms of culture, hours, quality of work and training (I expect...

4
0
Commercial Banking to MBA to I-Banking Associate

george8068

Assuming all three are in Canada, is this possible/probable?...

12
0
IT Division

Texas10

I was wondering if anyone knew how much those who worked in BB IT (Information Technology) departments made?...

5
0
Kinyan Capital

MandA_Junkie

Does anyone know anything about the company Kinyan Capital?...

4
0
M&A Advisory = ibanking or consulting?

sleepyguyb

Say a firm does strickly M&A advisory and does not underwrite any offerings, is this an ibank or a consulting firm?...

3
0
Why do targets even try?

sleepyguyb

Everyone knows they don't have the social skills needed to succeed....

18
0
ML groups lifestyle

IB4Life

Hey Everybody, I've just accepted a summer analyst position with Merrill Lynch, and am trying to decide on which groups to select (we get to rank our groups). The difference in lifestyle is pretty important to me -- most importantly, the average weekly hours for groups. Does anyone know how t...

16
0
Trivia Question -- Please Help

carbeats123

If anyone knows the answer to this it would be greatly appreciated. The cost of "this" famous flight was underwritten by the J. P. Morgan & Co. partners and was arranged for by partner Dwight Morrow, a member of the Aviation Board. ...

16
0
Summer Associate Programs

Cornelius

Say an individual has worked in IB for 2-3 years as an analyst. Is it possible for the analyst to enter into or interview for a summer associate program at another investment bank? That is, without being in school earning a MBA....

1
0
pre-training training?

jonathanknee

So my school is offering a 5 week finance crash course on valuation, accounting, etc. this spring. Given that I have an econ (but not finance/accounting) background, would taking this help me next year as a FT analyst? My initial reaction is that I'll be adequately trained this summer, so there's n...

6
0
Applying for a job that is posted by a headhunter/recruiter

richyla

When applying for a job that is advertised by a recruiting firm, are you suppose to address the cover letter to the recruiting firm or just state "hiring manager/sir/madame etc". I have been searching through the forums and have found some info on headhunters/recruiting firms, but not on this subjec...

2
0
For the summer

justanotherday

Hey, I have a IBD internship this summer. Could you guys please tell me some websites from which I can learn some relevant accounting concepts. My school does not offer many accounting classes and I want to be at least somewhat prepared for the summer. Also, how exactly do you get better at Excel ...

5
0
analysts/associates from indian schools?

analyster

Just wondering if anyone here is from the indian bschool frat. Anyone outthere? Specifically frontend profiles. im joining a BB this may (m&a/ecm) as an analyst, based out of mumbai....

3
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How hard will it be to get an IB associate job with MSU MBA?

NSX

It seems like I've been getting a lot of mixed feedback on this. I'm an MBA student at Michigan State University (29th in business week). I have a 3.7 GPA, and a 3.9 gpa in computer science for undergrad. Some people have told me that it's very hard to that kind of job not coming from a top-10 t...

10
0
Sophmore in College

MakingItRain

Hi, I'm a sophomore who recently got into (undergrad) Haas school of business @UC Berkeley and I'm interested in I-Banking. I have an amateur understanding of what I-banking is all about, and I've heard that it is extremely difficult to break into. In fact someone told me that I should be joining c...

1
0
before hiring you as a full-time assoc.,

emocha

do investment banks check your pre-MBA work experience, i.e. pay, title, etc etc?...

7
0
A Few Good Men - A Trader's Version

Salam Shpekov

Have you read this at Leveragedsellout.com? It is absolutely hysterical. I can't stop laughing A Few Good Men - A Trader’s Version I eat breakfast three hundred yards away from four thousand hedge funds who are trained to pick me off. So don't think for one second that you can come dow...

5
0
Summer Internship - Have an internship with a PE dept.

MandA_Junkie

I may have an internship at Oppenheimer & Co. in their PE dept. Are they well respected on the street?...

4
0
Evaluating the Boutiques

djia5000

Accepting that BB is better than most no-name boutiques, what should a potential monkey be looking for in a small bank? For example, one bank im talking to is a full service bank, but works on rather small deals. They claim to deal with a few specific groups, but not the whole gamut. A second wor...

6
0
Rents in SF

bicoastal

Gotta move up to SF this summer (probably june/july) - anyone know what sort of rents i'm looking at for studio/1br... office is in the financial district, thinking about living in the marina. any suggestions?...

1
0
Length of IBD FT Training?

student22

Why is there a difference between the length of each training? Citigroup IBD 6 weeks GS 5 weeks JPM 8 weeks Why? ...

34
0
Is there any advantage to starting training at the 1st or 2nd start date?

wharton2wallstreet4life

I'll be a summer at a BB which has two start dates, and I was just wondering if anyone considered there to be any tangible benefit to doing the 1st or 2nd session?...

7
0
BrickBreaker - High scores?

uppereastside

What is everyones high score on BrickBreaker?...

8
0
a$$hole list

wahaha008

is there a list of people that you DON'T want to work for / stay away from in the BBs if someone stands out in your mind, please tell list it in the following format, planning to excel this stuff, makes it easier for me to copy and sort thanx Company Name 1. Name, Division, Tittle ...

23
0
A choice between IB and CM

djhjyf1983

I've heard that a work in CM related to research or structuring is about being concentrated on a particular product while a work in IB consists of a broader range of tasks and analytical stuff. So it makes people more universal. Moreover, some people say that you're likely to play minor role in comp...

10
0
bad grades after offer

joebruin

so i was wondering what the "contingent upon no deterioration of academic performance" could most likely mean? Do you guys think the bank will take away the offer if you don't pass a class. For example, I know someone who got a D and I got a NP(no pass) in a tough non major class that we both didn't...

33
0
Best Groups at GS, MS and UBS

monkeybizness07

Hey, What are the top 3 groups (for whatever reason e.g dealflow, great pple, etc.) to work for at GS, MS and UBS....

7
0
Best Groups at ML

crsh78

I think there was an attempt at this question asked a few weeks back but there weren't very many answers. What are the best product or industry groups at ML? This is for whatever reason you like - lifestyle, deal flow, people, etc. Industry-wise, does anyone know specifically about the telecom, con...

2
0
Arizona State

stevoswim

I'm new to the board, but I am a freshman at Arizona State. I passed up other opportunities for better schools and took an out-of-state scholarship to come here. I wanted to know if ASU was well-represented on Wall Street? The WP Carey School of Business here is ranked in the Top 25 by US News an...

13
0
Think Equity - Familiar with these guys?

ChemEtoVC

Anyone familiar with these guys from an ER and/or IB standpoint?...

1
0
Having a Desk?

MandA_Junkie

What does it mean to "have" a desk (i.e. trading desk)?...

1
0
summer plans

paulson_01

So, I didn't score the IBD gig for SA. I have been working at in er. For the summer, should I switch to an ops/middle office role at a more reputable player, or stick with the "front office" gig at the small place? I'm afraid I'll be losing out on networking opportunities if I don't grab another pos...

5
0
Valuation: Measuring and Managing the Value of Companies,

RobertSmith

Looking for a book to review valuation, especially by working through a few cases/examples. This is supposed to be the premier book, anybody have any reviews? (Amazon line here: http://www.amazon.com/Valuation-Measuring-Managing-Companies-Fourth/dp/0471702188)...

2
0
advice for this summer

malthusian

hey IBO, I was just wondering if you guys could help me decide what to do this summer... my interests lie in trading, so I dunno if I should post this in TT, but im sure most people there read this forum too, so it probably shouldn't matter. I'm an econ major at an Ivy and I have two options I can t...

2
0
Guys i need help with a CV

Banking on Investments

Ok so somehow, someway, don't ask how, I found a person in NYC who says she can shop my resume around to some major Ibanks. She said send her my resume and a cover letter. Problem: What do I write on this cover letter? I've never written such an ambigious cover letter. Advice, tips? generic cover l...

8
0
Financial calculator for free?

student22

Is it true GS, BS, ML etc all provide the new analysts class for FT a financial calculator e.g. HP 12 C for free?...

15
0
GS Job Opportunity

GSOPP

I am been looking at the board for awhile and I think that this is a fantastic resource. Anyways, I currently know that there is an opportunity at Goldman for lateral hires, either first or second years. If you think that this is something that you may want to pursue please private message me and ...

4
0
Blackberry - Do IB's provide analysts with these?

Cornelius

Are there any IB's that do not provide their analysts with a blackberry?...

15
0
Merrill Lynch Operations

JRado

At the analyst level, how does the operations dept differ from corporate finance/M&A, in terms of hours, compensation, promotions, etc? Thanks guys...

0
0
Have offer; interest from another bank

fp175

I have an offer at a European bank in London. It's not BB, but the desk I got hired to is top 3 in Europe and one of the bank's biggest revenue earners. I'm pretty happy with the company and the job offer. I recently met someone from an American bank, that doesn't have as strong a reputation in my ...

5
0
Does anyone know anything about Davis Capital or Billow Butler & Company?

juststartedd

I'm really just seeing if any of you guys have heard of either. If so, good/bad rep? Thanks in advance....

4
0
Easiest "target" school to get into

phosho

Speaking of targets vs. non-targets, lets be even more elitist -- whats the easiest "target" to get into from high school? im thinking umich or uva....

61
0
At work?

ap

Anyone at work right now? Haven't gone home since yesterday?...

1
0
MS In finance, class options --> help me choose the best for either M&A or trading track

jackstone104

I'm about to start an MS in Finance. I'm currently locked into a job (military commitment) for the next three years or so, but I'm required to take 4 of the following classes in addition to the core classes for my MS. Though its likely I will apply to MBA school after I get out, I'm wondering whic...

3
0
Investment banking

m0et

Hello, im new here... im pretty confused how do end up working with IB. I hope you guys will make me more clear in my head. Im 19 years old and graduating from a swedish high school. My grades arent the best, but im going to take examination to get better grades. Im expecting to apply to univers...

1
0
best BlackBerry to carry to interviews to score an IBD position?

patekphilippe

I've been carrying my BlackBerry Pearl to IBD interviews and usually just laying it out on the table with the interviewer. Sometimes I go play with it while I'm in the waiting lounge (usually games of Brick Breaker). I was wondering if anyone has any suggestions on which BlackBerry is the best one ...

11
0
Friedman departure from Friedman, Billings, Ramsey

PJmonkey

Anybody know anything about Martin's (not Manny's) departure from FBR?...

0
0
Working for two firms

Joema35

I currently work in sell side er for a large bank (not real estate related sector) However, I am also interested in the real estate market and am thinking about getting licensed to work on a part time basis to bring in some extra cash f]low for a company that is owned by a family friend. Do you kn...

0
0
a few questions

dubawi

I have a few questions about investment banking terms and concepts that I could not answer myself: 1. What are the primary areas within the ECM department? 2. What is a shelf filing and what are its uses? 3. What is a "bake off"? 4. What dies it mean for a deal to be effective or filed with the SEC...

2
0
hours at boutiques

bigups

How are hours at boutiques in comparison to BB? For full time and for interning?...

10
0 5
0
Tax for Summer Analysts in Asia

Anonymous Monkey

Hi, I'm going to be working in Asia this summer for Lehman. I was wondering how taxation works for US Citizen-Summers working in Asia? Just curious cause I was doing my taxes today. Thanks!...

9
0
Merrill Private Equity placements and Equity Private Placement group ?

iwannaworkhard

Hey Guys, I'm doing the goup selection process now and I'm just curious to get your take on these two groups. Does anyone know if they're pretty solid? What would I exactly be doing and are the exit opportunities pretty good? Thanks!...

6
0
Best charity to donate to for getting an IBD analyst position?

patekphilippe

Please discuss. A friend of mine is interested in which charity is the frattiest and which one has the most IBD guys that would notice if you donated....

13
0
Timing of background checks for full-time analysts

dav3100

Does anyone know when background checks are conducted for incoming full-time analysts (analysts starting in Summer 2007)? The reason I ask is that one of the guys whom I'm planning to live with starting Summer 2007 recently mentioned (while drunk) that he'd "bumped up" his GPA a bit. I don't want to...

9
0
Royal Bank of Scotland West Coast?

joebruin

Anyone want to comment on Royal Bank of Scotland on the West Coast? Prestige, deal flow, culture, team size, history, strong groups....etc? Thanks!...

4
0
Math majors vs finance/econ majors vs other

matty200

Just out of curiosity, what percentage of people would you say come from each background? I'm just looking for a rough estimate from those in the business, for curiositys sake....

30
+2
What is BlackRock?

aguy

Are they good? What's their business?...

31
0
I-banking Associate Position

RobertSmith

Hi, First year of b-school, and I came into recruiting late. Got a interview with a bulge in LA last week, 2nd associate I talked to. Followed up with an email and phone call. It's now been 5 days and no call-back. Anything I can do, or is this a lost cause? ...

1
0
HK ib: ML vs JPM?

sashimi

just wondering if starting as a grad in HK, between ML and JPM, which is better? in terms of deal flow, prestige, pay etc? Thanks!...

0
0
Skills learned on an IPO

scottydoesntknow

seems like minimal. no?...

4
0
Blackstone Interview: anyone worked here or interviewed?

monkeyintraining

I'm planning on meeting with some HR people from the Blackstone Group in Boston tomorrow. I know a little bit about the company already and will obviously be doing a lot more research tonight but I'd really appreciate anything anyone can tell me that will help me tomorrow. Has anybody worked there...

25
0
Blackstone's SEC filings

tiniyo

I'm pretty surprised by the complete absence of Goldman. Here's the link: http://www.sec.gov/Archives/edgar/data/1393818/000104746907002068/a2176832zs-1.htm ...

3
0
How hard is it to complete a double/triple major at HYPW...

windowman

Coming from the uk, many degrees offered here allow you to double/triple major quite comfortably, albiet with an increased workload, however the level of customisation is less... Examples include Maths and Economics, Philosophy Politics Economics, Engineering Economics Management... I have ready m...

11
0
Moving from NYC BB to London BB

dav3100

I'll be starting full-time at a BB in NYC this summer in banking. However, having gone abroad to London and actually lived there for 2 years (when I was a little kid, though), I'm really interested in working there at some point or even forever. So, a couple of questions: - How easy is it to get yo...

8
0
What is it with Americans and GS

Oconnor

Hey guys, nice site, have been trawling for a bit. Anyways intro - i'm going into the IBD of one of the main european banks in London, guess that's about it really. One thing that strikes me on this board is the obsession with GS, the whole GS or bust idea. We definately don't have it on this side...

51
0
Bankrupty Case Suggestions

tubs

I am currently doing a corp fin case where I need to analyze a recent US public company that has either filed for chapter 11 or on its way to doing so. The company preferably should have easily identifiable comps, as the analysis needs to be extensive and I don't want to go digging for information....

3
0
big deal or small deal preference?

ermen

i'm currently staffed on a pretty big deal at the moment... however i find that i'm on the fringes of the action and am doing all the grunt work (which is to be expected as an analyst). as such, i don't really know the whole picture. i know that whilst being involved big deals is prestigous and lo...

1
0
How important is your first group?

ayn876

How much does it matter (to future career prospects/plans) which IB group you worked in as analyst? Does working in some groups close more doors than other groups? Or is the main thing that PE shops, hedge funds etc will consider is the fact that you worked in investment banking for 2 yrs straight o...

49
0
wireless / telecom inustry

bmwhype

is there anyone here that works in ibanking that focuses on the telecom industry? what multiple do they use? do they use the PEG multiple?...

1
0
Taking a break after two years?

holyvat

Although I am not even on my 2nd year as an analyst yet, I've been thinking about this for quite a while. I know that many of second years apply to MBAs to go into other industry or to associates, but I was kind of thinking that it would be nice if I could take a break after two years of this long,...

35
0
Siebert Financial Corp.

BB00

Anyone have any experience with them or have any information? Would be greatly appreciated. SYM: SIEB...

0
0
Operations at a mutual fund giant

tonnyrat

I'm applying for an ops position at the largest mutual fund company in operations. the job title is trading services specialist. Any ideas as to what Im getting in to?...

0
0
M&A Research Project

matty200

I work with one of my finance teachers on research projects. Right now he has me going through 2000+ M&A deals from 2000-2005, looking at all articles published about them, and determining managements projected cost synergies. Next that is compared with the stock price and changes in the months aft...

2
0
Associate Job Sources

jdbaboon

Does anyone know of any good sources for finding open associate level positions?...

1
0
Duff & Phelps Transaction Advisory Services Due Diligence

vonwagen

I have an offer from Duff & Phelps Transaction Advisory Services Due Diligence. What are the exit opps? Any comments?...

6
0
What level does it take in PE, HF or VC to make as much as BB IBD MD

Roller4Life

What level would you have to reach? The hierarchy is a bit different and the firms can either be very small or very large. Anyone know. ...

1
0
IBD and CDO

matty200

I have an interview with a bank that specializes in CDO's. What do you think I should touch up on before the interview, besides valuation of bonds and risk....

3
0
Target School : Top BB :: Top BB : PE

PoppingMyCollar

You can get a top BB gig from a non-target, just like you could get a PE job from a place that isn't a top BB, but in both cases it's much harder....

9
0
Best web sites?

RobertSmith

What do you read on a daily basis? thedeal.com? wsj.com? And so on.... ...

6
0
emerging growth companies

bmwhype

what are the benefits to work at a boutqie that specializes in emerging growth companies? this is really more of an ibanking interview question...as in "why XXXXX bank?" and i want to use the growth characteristic as a reason....

1
0
Banks communicating with each other

moneyinthabank

To what extent do recruiters at the different banks communicate with each other? For example, would they disclose info on who got offers from their firm to others?...

40
0
HR Question - Top performing SA

wharton2wallstreet4life

I've heard it told that one can be the top performing summer analyst, but if for some reason the HR girls don't like you, you won't get the offer? Anyone know about this?...

12
0
Offer - Would would you have to do to not get one?

collegeguy87

Hey, I was wondering... pretty much, what would you have to do not to get an offer? Thanks...

4
0
Leveraging Janitorial Services Internship

Sean Click

I will be interning in janitorial services for a BB in NYC this summer and had a few questions. 1. What are my chances of leveraging this into a FT IBD position? 2. Any places in NYC that I can live in for less than $500/month? Thanks ...

12
0
Generalist Offices

scottydoesntknow

What are the advantages/disadvantages of working in a generalist office, like UBS LA, but not specific to UBS LA? TIA....

7
0
Resume

MandA_Junkie

Do you guys think a Resume should have a justified alignment or does it not matter? I think it looks more professional when all the sentences end at the same point on the margin, but when you do it sometimes spaces between words get too big. Thoughts?...

3
0
Thoughts on "Applied Mergers & Acquisitions" by Robert Bruner

y2yankees99

I'm looking for a textbook on M&A that goes beyond just discussing standard valuation techniques? I noticed that this book is being used for m&a specific classes at some top mba programs. Does anybody have any thoughts on this book or other similar options? If anybody knows if the cd that can be bo...

0
0
Does Coverage offer bad exit opps?

glee

It seems that all the trolls here always claim that those analysts in product groups get better exit opps/placement than coverage analysts. From those with experience and first-hand knowledge, is that true? Is there anything wrong with an analyst in an industry group who gains exposure to all type...

7
0
Investment bankers made by circumstance?

freeloader

http://faculty-gsb.stanford.edu/oyer/wp/mba.pdf Let's hope bull market sticks around for another couple of years?...

0
0
Executives in Macquarie / Barclays?

ming

Hi all - I heard a position with Macquarie called "Executive" - which is totally unfamiliar for me. I know other IBs use analyst ->associate ->VP/AD->Director Do you know what this is position equivalent to? Many thanks! ...

8

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