Silver BananaTopicReplies
+2
Hate IB? Why not join a different bank or group?

Head Scratcher

Hello fellow monkeys, Over the last few years as myself and close friends have entered into the IB world, I can't help but notice a couple of major themes: 1. Experience varies wildly from bank/group 2. Analysts tend to throw in the towel before considering whether IB is a potential long-term ca...

1
+1
Junior transfer student at a target school w/ nothing lined up for summer. What now?

King-Cash

Hi all, I am currently a junior transfer at a target with nothing lined up for the summer. Just finished my first semester w/ a 3.78 GPA Out of the 100 transfers that were accepted, only 2-3 managed to get a IBSA position as far as I know. I could have had a spot at one of the Big 4s had I put in t...

3
+1
MS AIP

BepBep12

Anyone have updated information on what MS AIP actually does?...

6
+12
Stupidly low bonus. Should I jump ship?

Throwaway4days

Quick summary: graduated 12 months ago, been working at this 5 man M&A boutique for around 8 months. Was promised quarterly bonuses and a split on execution fees. Base salary was low @ $50k but still took it. Fast forward to last week: haven't been paid any of the quarterly bonuses up until now cos...

38
+1
No name to Bulge

Bob Smith 23728

I am rising Junior and have been interning for a very small IB since August and will be interning there next semester as well as in the summer. I was wondering how I should go about using this to try and get a full-time offer the following year at a larger bank. Love interning there just want to wor...

1
+2
JP Morgan Investment Banking Junior Analyst Full Time Program

lilmosey

Currently a senior at a semi-target school and completed a summer IB internship at a lower MM firm. I heard about the investment banking junior analyst program for JP Morgan, and I was wondering when recruiting for this full-time program would start. Anybody have any insight? Thanks!...

7
+11
Interview with Piper Jaffray

RichChigga

I'm interviewing at Piper Jaffray for Diversified Industrials and Services Investment Banking, can someone shed some light on how the interview process is like? Anything about this group at Piper Jaffray will also be helpful....

54
0
Worried About Exit Opps From Low-Tier BB

arryan656

Hi all, I am currently about to start FT at a low-tier BB (think DB/UBS) and am worried that my exit opportunities are limited. I am not exactly set on a PE role but many of my classmates are at top-tier BB or EB banks and I am concerned that I will not be able to place anywhere promising out of my...

8
+2
Winter intern recruiting

teaktable

I come from a non target, a couple of IB internships but overall a fairly atypical background. Its been suggested to me a few times I pursue a winter internship which i can transition into a full time offer. Anyone know which major banks run winter internships?...

2
+26
Marriage?

MoneyisHappiness

Are you investment bankers better off marrying a girl who’s also working the same job in investment banking? I feel like they would understand the obscene workload and long hours. And the combined income could also reach up to a million for the family in the long run. Or would you prefer a regul...

58
+2
Making VP in 4 years?

Emperorᅚ

Is it possible to make VP in 4 years in investment banking? This would be 2 years analyst + 2 years associate, promoted to VP at beginning of 5th year. Many if not most banks now offer analysts early promotion to associate after 2 years, to lure them away from the buy-side. But I haven't seen any da...

6
+10
Can't help flexing on everyone.

flexingonyourparents

I feel kind of an inner voice which tells me to flex on literally everyone, even on people who earn much more than I do. Lmao, even on my parents. I ball so fucking hard that I can't even save a pound. I squander all the money on Gucci, Balenciaga, Louis Vuitton and other shit (bought a new GBP 12k ...

13
+1
Deliemma trying to break into IB

ajk12612

Hey I kind of have a problem and was wondering if I could get some advice on my current situation. I am from a non-target school and currently a senior with 4 classes left to graduate in May 2019. I did a wealth management internship this past summer at a BB because I thought that is what I wanted t...

1
+1
2019 housing advice

caeq

Hi guys, Trying to figure out what's reasonable to spend on rent in my particular situation. Working in (non-BB) AM so same base as 1st year banking but with much better hours / lower bonus - meaning that dinner / ubers home at night etc aren't going to be expensed, I'll generally have a lot more t...

3
+1
An Analysts' Responsibilities

hanso6

Given the rich resources on financial modeling - isnt't it quite rare that an analyst builds models from scratch? To be honest, my impression from skimming through the forum is that one is mainly responsible for creating the pitchbook rather than modeling at all. Can s/o briefly share his experience...

1
+4
BB Corporate Banking vs Houlihan FAS

YieldGod

Had a few options this recruiting season in terms of offers. My top two choices came down to Corporate Banking at a BB and FAS (valuation) at HL. Didn't know a lot about the two groups when I made my decision. Just curious does anyone know major differences between the two in culture, pay, exit opps...

10
+3
Build LBO model from scratch for case study

DZZ

Hello all - I need to build an LBO model from scratch as part of a case study. I will have 3 hours to complete this, remotely. I am a decent modeler, I don't need a modeling course or anything, but I would like to review resources to brush up on building an LBO model from scratch, can anyone suggest...

1
+4
Greenhill 2018

david1865

Hi, What are peoples thoughts on Greenhill in 2018? They have obviously had a tough few years and are not on par with Lazard / Evercore in the boutique space. How are they perceived against upper MM Banks like Jefferies ? Interested in both London and NY perspectives. ...

3
+2
Office Dynamics

monkeytomd

Hello everyone, I started interning at a small IB boutique and I have somewhat of an understanding of office dynamics at this level. My question is for the people at bigger banks is how would you quantify your interactions with other members of the team. That sounds weird so let me give an example...

2
+1
Application Process

monkeytomd

Hello everyone, I am preparing myself for the SA 2020 ( I know its early, don't blame me blame the process). Anyway, I was wondering if there is such thing as a referral link to apply, I have heard about them but not enough to think they're actually real. My greater question is: does it matter if I...

2
+1
PLEASE HELP WITH: State of High-Yield Bond market / Lev Fin / League Tables

banker2018

Hello everyone, I'm interested in the state of the High-Yield Bond Market. I know that in the 80s high-yield bonds were used to finance large LBOs and that there was a few boom and busts. Are high-yield bonds still commonly used to finance LBOs? If so, does anyone have any idea on the percentage o...

2
+2
Secondary advisory any advice/interview help needed! PE/M&A/IB

workgymsleeprepeat

Hi, I got an interview coming up for secondary advisory role at a good IB. Couldn't find much of information online, any tips/advice, what to prepare for would be HIGHLY appreciated. My current level of accounting/valuation knowledge is good enough for internship interview at IBs for M&A. But n...

7
+1
CRE financing modelling case study

starburst

Hi all I have a second round meeting with a bank in their commercial real estate financing group. I was told this will be a "case study" session - sounded like you have to do modelling/analysis on the spot. Can someone please please help me prepare for this? I have zero idea where to start. If anyon...

1
+2
Help me Choose - RBC vs WF

Big10Lyfe

Have offers from Wells and RBC. Wells has the sell day thing and I could get placed in Charlotte, which is annoying, but I feel like its a stronger bank (despite all the scandals on the retail banking side), liked the people more, etc. Any advice? ...

12
+1
Waitlisted After MM Full-Time Superday... What Can I Do?

Bjoon

Hey all, Last week, I was part of a target superday for an MM IB position. The day after the superday, I was notified via e-mail that I was wait-listed for the position, though I had a pleasant interview experience - thought I really hit it off with an MD. I was told I'd be notified by mid-October,...

3
0
JP Morgan 2019 Off-cycle Internship - Hearback and fellow applicants

Financemonk1

Hello folks, I'm an undergrad who's just applied for a JP Morgan 2018-2019 off-cycle Internship position. Just wondering, has anyone else applied, and has anyone else received a hear-back after the hirevue interview? ...

0
+1
Late Summer 2019 Internship Recruiting

Gator_Chris

I was not sure what I wanted to do and am now trying to recruit for a summer internship for this upcoming summer. A lot of the people I have contacted have said that they are already done recruiting. I was wondering if anyone knew of places that are still recruiting for summer interns. Thanks...

1
0
Bankers - how often do you use a financial calculator?

b2

I was told that I need a financial calculator for training... was wondering whether it's actually used often. I'd prefer not to spend hundreds on something that I'm never going to use. If it is necessary, any recommendations?...

29
+3
Critique my cold-email for freshman year internship?

AdderallMonkey

Hey guys. I am currently a freshman at a semi-target and I am going to start reaching out to firms in my area for an internship. I realize freshman year internships are kind of a joke, where you do "bs" work... however I still have no idea how to format an email. I am thinking something along the li...

8
+4
Ducera Partners Info

fitzmagic

Does anyone have any info on Ducera partners? culture, hours, comp? Also, anyone have any insight into their interview process?...

8
+2
What firms have dedicated Restructuring groups?

Undercover meme

While I know the list of firms that have a restructuring practice, I wanted to know the ones that have a group where you specifically apply into restructuring as opposed to being a generalist who does some rx deals. For example, PJT has RSSG, but Moelis is a generalist program without a dedicated gr...

8
+4
Networking Before Start of SA?

IB FTW

I understand that before SA most interns will prep on their technicals, team/bank deals, excel shortcut etc. But specifically how to network before the start of SA without seems like a kissass? My purpose of the networking is primarily to understand how I can prepare better and of course build early...

10
+1
CFA in Public Finance?

Irisheagle

I go to a non-target school but got a FT job in Pub Fin as a FA. Would getting a cfa help me in the long run to get into a BB for pub fin? ...

1
+1
https://docs.google.com/document/d/1tat15Ct6PUjQuaWSit4Vegm4uJ0aPptjEmcC-TujhxE/edit?usp=sharing RESUME SUGGESTIONS

amaxg

I'm interested in pursuing a career in Investment Banking. What do you suggest I add/remove/edit/restructure in my resume? ...

1
+2
Reputation of Tech-focused Boutiques on par with tech groups in BB/EB?

Techie21

Hey guys, there seems to be a lot of ibanks sprouting up, especially on the west coast who deal only in tech advisory. I went through CapIQ and compiled a list of tech investment banks, and was wondering if we can establish a ranking for the following banks with regards to exit opps, deal volume, a...

3
+2
2019 Bonus Watch

Debtbanker

It's that time of year again! Has anyone been hearing rumors on how bonuses are looking this year? I heard the Canadian Banks have or are in process of giving numbers out right now. Hearing flat to down YoY...

5
+1
Self-employed trader looking to break into the investment banking world

motstreet

Hello everyone, I am new here and would like to thank everyone in advance for the advice and wisdom. Long story short, I graduated from the top 15 business schools in the world with a degree in finance in 2016, but instead of getting a job right out of college, I decided to day-trade (something ...

1
+2
Stupid mistake on resume- is this is a big deal or am I overthinking?

Room-One

Applied to an IBD summer analyst intern position at a BB. I read on here that if you have an ethnic name (me) it's good to list your high school and the dates you attended to show you're fluent in English. So I listed my high school last-minute after I did a dozen checks on everything else...I notic...

7
+1
2019 FT London IBD

chirmurri

Anyone got any insight into 2019 FT IBD roles for London? Understandably very late in the cycle so very few banks are still open, 1-2 seem to have closed but re-opened not too long ago. Appreciate any insights. Thanks....

1
+2
Biotech/Life Sciences Vertical in IB: Day to day

bulls1997

Hi all, Hoping someone could provide some insight into the kind of deals you'd be working on in IB under the HC umbrella within a biotech/life sciences group. Outside of IPOs & M&A. What does the day-to-day look like & how does it compare to other HC sub-sectors? ...

5
+1
Cold emailing with the intent of setting up a meeting and subtly asking for an internship

Bugsbunny7

I am a freshman at a target school who is about to finish up their first semester of college. I am an out of state student so I've been looking for small boutique banks to reach out to where I am from. The major city in the area that I am from has a similar population to Oklahoma City - nowhere clos...

3
+1
delete this please

patagonia police

delete delete delete delete delete delete delete delete delete delete delete delete delete delete delete delete ...

2
+1
Studying Applied Finance and Economics at MQ

jay_roots

Hi all, (Posted in this forum as replies are more consistent) I am beginning my studies at Macquarie University (Australia) in 2019. I will be studying a bachelor of applied finance and a bachelor of economics. My main question is how will this degree be perceived in the investment banking industr...

1
+1
Being Vegetarian on the Street

Undergrad_Senior

So I'm a senior in college now, about to start work as an analyst in July 2019. I've been vegetarian my entire life, but I'm starting to wonder if this diet choice might affect a career on the street (IB, PE, etc.) down the line. Specifically, I feel like it might isolate me from others in the offic...

2
+2
Valuation - Reasoning

Burkamp

Can someone shed some light, or maybe refer to a good book, on the more qualitative aspects of valuation. Conducting valuation analyses in let’s say an imminent company transaction makes perfect sense to me. Sure, you want to look at comparable companies, recent transactions of similar targets, a...

2
+2
Rosenbaums LBO Analysis

Burkamp

Has anyone read Rosenbaum and Pearl and can recommend on how to study the LBO Analysis chaper (Ch. 5)? Would it be an advisable approach to try to be able to build a complete model from scratch or is it more like one should understand how the different parts are interlinked? ...

4
+3
No Internship for Sophomore Year, What to do?

StrictlyMonkeyBusiness

Hello, I am a sophomore at a well-known target school and I gave up a while back on trying to get a BB gig for this summer's internship. Most of the people at the firms I contacted told me that the positions for sophomores are primarily designed for diversity candidates and that I would have an extr...

8
+4
Societe Generale Summer Analyst 2019 Superday

brocklee123

I recently had a Superday with SocGen for SA 2019. Has anyone received offers yet? Please share if you've heard back....

32
+1
Morgan Stanley Guidance

Maichiavelli

I was hoping someone could help me understand the recruiting process for them a little bit. I have attended some of their webcasts (virtual, so no face time) and according to the recruiting timeline the next step is to attend an Ambassador Event, but I can’t find any events of the sort listed on...

2
+1
Modeling Speed Test - DCF & LBO

BananaBrains

Hopefully something similar to what I found for the three-statement models......................... ...

1
+53
Lateraling Guide for Investment Banking

Sil

I recently lateraled from a “no-name” boutique to a top MM and wanted to share some of the knowledge that I gathered and wished people had told me when I went through the process. I also have several friends who also went through this process. Hopefully this will help someone. My background: I...

99
+6
Giving back to those who help you

newso052

Hello everyone, I have been in contact with an VP at an investment bank who has been helping me. I have done a few informational interviews with him and he has helped me with a few other things. I am just looking for something that I can do to sort of "re-pay" him for the time he has taken to help ...

14
+1
How to prepare for Forecasting Case Study for IB Interview

jeanmazpo

Hi all, I have an IB interview for an analyst position coming up where I will be given a case study focused on Forecasting. Any tips on how to best prepare for this? How much excel should i brush up on? Thx!...

1
+3
Do MBA adcoms know/care about investment bank prestige?

TheYoungWolf

Do the M7 MBA adcoms know and care about investment banking prestige. They obviously know about the BBs but do they think of banks like Lazard/Moelis as much more prestigious than banks like Stifel/Brown Gibbons Lang?...

4
+1
Choose Perp. Growth Rate or Derive it?

KubSaki

Do I come up with a proposed perpetuity growth rate based on e.g. long-term sector outlook? Or do I derive the growth rate by first determining the terminal value using the exit multiple method and then solving for the implied growth rate? ...

2

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