Silver BananaTrending Content (see all)Replies
+25
How was Investment Banking modeling done back in the day?

Howard Hughes

Have always wondered this. Investment banks have been around long before excel - even back to the 80s and 90s - so how would investment banks and private equity firms create <abbr title="initial public offering">IPO</abbr> pricing, valuations, <abbr...

37
+12
Net debt: The definite list

plsfixtx

Since this topic comes up on <abbr title="Wall Street Oasis">WSO</abbr> every now and then, I thought that it might help to collect everything in one list. The underlying definition is all "interest bearing liabilities". I will split it up into “positive...

12
+7
The wall street personality

Oligarch92

Yet to work my first 'real' job, I have had my first real exposure to people in the industry through reaching out to a handful of PMs, associates, etc. Many are happy to grab lunch, well-mannered, yet, and particularly with more senior people, are unsmiling and morose. It confuses...

12
All Pods
All Events
Silver Banana
Recently Active Topics
Replies
+19
2019 Goldman Sachs Exploratory Program HireVue

frankxie

Hey guys, I just got the HireVue invite yesterday for the exploratory program. Has anyone finished it? How is the question? ...

207
-
-
+1
Best Excel Macros? TTS? Macabacus? Other?

g0ttag0

I've been out of the game for a while- what is the best macro package these days? I remember several years ago it was TTS- but now I'm seeing Macabacus mentioned more. What's the verdict?...

2
+1
Generalist Programs vs. Direct Group Placement for Post MBA Associate

KoalaBears

At the post MBA level, the biggest difference between banks seems to be that some have a pool for the first 1-2 years (e.g., MS, Evercore, PJT, Moelis), while the rest do direct group placement (e.g., Goldman, JPM, Lazard, PWP). I'd be curious to get people's thoughts as to which route that they re...

1
-
-
+2
BAML CNR Exit Ops

average intern 43

How well does BAML CNR place into private equity and is the group technical at all? I know the group has a strong reputation, but I'm not sure about their exit opportunities. ...

1
-
+6
BAML IB Groups (NYC)

byebyeib

Recently left BAML (product group / ivy league) for a buyside opp, so thought I'd share insight on groups. BAML is an excellent bank, but thought I'd be **REALISTIC** with those looking for advice. M&A and LevFin usually have the largest intern and analyst classes, with the coverage groups trailing ...

12
+2
Are Psych majors eligible for STEM extension in IBD?

YearOfMonkey845

I know for a fact that most of the psychology-related majors have been added to the list of majors eligible for STEM Visa extension. But since the STEM extension applies in case the student works in an area related to his/her STEM major, I am not quite sure if the psych major gig will work for STEM ...

3
-
-
-
-
+1
CIBC Mining Toronto

Toronto12345

Does anyone have any information on CIBC's Mining team in Toronto? I'm looking for more information on their deal flow, culture, hours, etc. Any information is helpful!...

1
+1
Tips for networking trip

UserInformation

I'm traveling to a city about 5 hours from where I'm located for networking purposes. 6 investment bankers have agreed to meet with me on Thursday and Friday for informational interviews. Logistically, the trip is gonna suck. I don't exactly have the finances for this trip, so I'm sleeping in my car...

3
+1
GLC Advisors

fitzmagic

Just wanted to know the opinions on GLC Advisors and specifically compensation, hours, culture, and exit opps? Are they paying street or above?...

1
+2
Best Software Groups in IB?

jsm1993010

Hey guys, I'm currently a 2nd year at a MM bank in an M&A group. Through the deals I've been on, I've become really fascinated with software / SaaS based businesses. My current bank isn't particularly strong in that sub-vertical. Does anyone with more experience in the space know what the best gr...

12
+2
Write Down of PPE by 100

WhartonKid2020

May seem like a basic question, but still confused. Let's say PPE is written down by 100. EBIT will decrease by 100, and after tax effect is -60 on NI. Once we move to cash flow statement, we add back the 100, and we have a net change of +40 cash. But let's just stop and think about it. Does a PPE...

6
+7
2019 Morgan Stanley Inside Access Day

sophgoat

New thread. Feel free to share the interview questions here. : ) I'm from a target school but mainly applying for this program to practice my interview skills lol...

71
+1
Arma Partners Graduate Internship London

MNAPRO

Hi all, Since I haven't found any threads on this topic, I decided to create this instead. Has anyone heard back after submitting their application for Arma's Graduate Internship in London? Deadline was on Sunday and they said they will reach out to succesful candidates during mid-february. If anyn...

5
-
-
+2
Difference in prestige for Analyst vs. Associate programs at EB?

Assistant2theregionalmanager

At firms like Moelis/PJT/PWP/Evercore/Lazard/Guggenheim, I know that analysts at EBs are really highly regarded, but does that extend to A2A or MBA associates? Sorta in the way Yale undergrad is more highly regarded than Yale SOM? Just interested in the way those of you currently on the street per...

2
-
-
-
0
New PJT Email Format?

larryclarkson

Seems like it's not [email protected] for the new guys, nor is it just [email protected] Anyone know what it is now?...

1
-
-
+1
Course Review: FMVA by Corporate Finance Institute.

DisGuyDucks

Hey folks! I have been trying to understand – how to acquire the ‘pro’ modeling skills and have a certificate to show for the same as I start out my internship hunting process. I am trying to wrap my head around the FMVA course offered by CFI. I think the course is worth the money because: ...

1
+1
where to fine data for ongoing and finished/failed M&A's

keon6

I want to find a large data set of bunch of M&A activities. If I can find ones that haven't closed, that'd be nice too. Where can I find them?...

3
+1
Macquarie Commodities & Global Markets

41seaguls

I have an upcoming superday for Macquarie's Commodities & Global Markets group. Wondering if anyone has any insight or experience with the group? Looking for any information anyone is willing to share. Thank you....

3
-
+2
Best Places to Eat Pizza in NYC

reformed

Our group (think EB with a sweatshop culture and lots of animosity e.g., Evercore, Moelis, Guggenheim) wants to plan a team event. Looking for a venue that we can rent out. Also open to paintball....

13
-
-
+1
CIBC World Markets Analyst

holdupyeah

Hi guys, I'm curious to know if anyone has any information on the CIBC World Markets/Investment Banking Group regarding United States presence. Looking online, I don't see very much information regrading the group or posts on forums that mention what it is like working in the IBD group at the bank....

1
-
-
+1
College junior trying to make a switch from AM to IBD

workInProgress

Hi everyone, I'm currently a junior at a top target (think UM, UVA, NYU), but studying computer science in the Engineering school at university (therefore a fairly low GPA --> 3.3ish) and attempting to move over to IBD for full time. Doing AM at a BB (think UBS, CS, Barclays) this upcoming summer ...

1
-
0
Deleted***

1-10

Hi all, I have been fortunate to land a BB S&T FT gig and I sincerely appreciate all the advice I have received on this forum. ...

0
+18
AMA: Former no-name IB Analyst --> Data science/Artificial Intelligence position at large quantitative hedge fund

GeorgeWashington519

Hi All, I’m an ex-IB analyst at a no-name boutique in a major city. I recently left my job at the boutique after a year and a half for a new position in data science/artificial intelligence at one of the largest quantitative hedge funds in NYC. My career path sounds a little bit strange to many p...

23
+2
Regional MM to BB/EB ?

Bill Stern @ Axe Cap

I'm looking for advice on whether to lateral in August or Sept? Currently working in Chicago at a BB in Asset Based Lending started as an analyst in Janaury and I'm thinking about going into IB in Atlanta/Chicago/Houston/Charlotte. I don't want to go to New York given the COL. However, in most of th...

8
-
-
-
+1
Will pay for ER reports

LMidMarket

Does anyone have access to ER reports for SUPN Supernus Pharmaceuticals. I'm willing to send PayPal or venmo if someone can pull the available reports for me. Please message me or comment below if you are able to do so. Thanks...

3
-
-
-
+1
Need Advice - VP not responding

anonymous_123abc

So I have been in the interviewing process with a bank for a lateral analyst position and was supposed to speak to a VP after speaking to the recruiter and an associate. The VP had to cancel and emailed me to reschedule so I gave him a couple times I was free but never got a response. I sent him ano...

3
+1
Analyst/Associate Moving Internally to Another City Logistics

PTH85

Hey all, I'm currently nearing the end of my two year analyst stint (IBD) in a regional office. I've been offered to stay on as a third year analyst and will be moving to the firm's New York office. Historically, I know analysts in similar situations at my firm have had all of their moving expen...

1
+1
A2A Sign On Bonus

tonytwotimesmalone

Since some banks across the street have changed base salaries at the associate level, was wondering what analyst to associate promotion sign ons are these days. What is street these days? Seems like historically there has been a range around 40k-60k. Would be good to hear what BBs pay have been payi...

4
+1
Contractor to Full Time Oppotunity

jialopet

I am currently working as a contractor for a bank, I enjoyed the culture of the bank however they were laying off some people and I like to do a good job at whatever I am doing so they extended me numerous times. My current renew is up and I will not be renewed as my processes were moved out of the ...

1
+63
2018 /2019 Bonus Discussion

AllBurnedUp

That time of year again. Banks have finished their fiscal year and should be close to payout time (BMO / RBC / others?) Thought might be good to start a thread to see where comp is shaking out. I realize WSO has a database, but in an effort to keep things blinded and semi-real time lets post here....

153
-
-
+1
Jefferies Healthcare Buyside Exits

james1987randolf

Hi all. Wanted to get some updated discussions going on the Jefferies HC group and their recent PE placements. They are probably top 3 on the street in deal volume and do a ton of M&A - was curious if their placements have evolved beyond middle market / upper middle market funds, into MF territory...

1
-
-
0
M&A Advisory Freshman Summer Internship

TheStat

I might have an opportunity of interning at a M&A Advisory firm ( Lower Middle Market) and I was wondering if this is a good opportunity for a freshman summer internship....

11
+2
Too Late for 2019 Summer Opps?

DatBoi441

What's up WSO, I'm a sophomore at a semi-target in the northeast, and I only have one internship experience in a small shop doing PWM. Didn't really get screened for many opportunities within FO (probably due to having around a 3.3 GPA). I've just been hustling and networking my ass off and I have...

9
-
-
-
-
-
+1
Meeting MD First Round Interview

Porter780

Had my first IB interview today for an Analyst. Graduated school about a year ago, have had 3-4 years experience working in this industry throughout uni (IB role is sector specific). Firm is large-cap Met with MD, VP and Associate today for first round - what does this mean? I always thought you me...

1
-
-
+1
Want to do IB then move to PE, or potentially do PE out of undergrad, need college advice?

s121

From what I’ve seen I believe there are two paths for this. One path is I’ll need about 2 years in IB before I can make a move to a PE MF, id ideally like to go to a New York EB or BB for IB, but after 2 years in a IB I want to go into PE ideally on the west coast, but location doesn’t matte...

10
+1
Any Info on Victory Park Capital

Jam6

Hey guys, looking for any info on Victory Park Capital...they have offices in Chicago, Boston and SF. anything on rep, deal flow, the usual stuff would be great. thanks ...

9
-
-
+2
Location vs. Brand?

GDMAL

Delete delete delete Delete delete Delete delete delete delet Delete delete delete Delete delete delete Delete delete delete Delete delete delete ...

8
-
-
-
-
+4
Soft Skills in Investment Banking

Distracted

Hi, I would like to know what are your thoughts on soft skills in IB. Which are the most important? How do you improve emotional intelligence?...

20
+1
Is it worth it to try to lateral from BB SA to a "better" BB FT?

ybanKing

Title is pretty self explanatory but a bit more of context: I'll be doing my IBD SA at Barclays in London this summer. Question is: is it worth it to try to lateral FT to American BB's that are more prestigious (like MS/GS/JP or even Citi or BAML)? I do want to pursue Masters or MBA at a good univ...

4
+1
Solving for IRR Based on Irregular Cash Flows

JFirst

Hi guys, I'm trying to solve for IRR (let's say 20%) based irregular cash flows to the sponsor - essentially trying to find out what cash to sponsor is required to arrive at an IRR of 20%. So at close, the sponsor contributes $100 of equity. In a 10-year project, I know for sure at year 1 the proje...

1
+5
Wells Fargo Groups

Randoman6745

What are the best groups in Wells Fargo's IBD in terms of deal flow, culture and exit opps? I know this has been posted here before but the information is pretty old and WF is growing fast so I assume much of it has changed. I'm also curious about the locations of each group for interns as I know so...

16
-
-
0
Veteran at a target school with a lower than average GPA

Lvl99Bankstanding

I'm at an Ivy target school as a Sophomore, study political science, play varsity sports and served in the Marines for five years. I failed one class and it killed my GPA and now I'm at a 3.0. I seemingly have a few prospects at some of the BB's and have received votes of confidence and my requests...

5
+27
AMA: Non-Target -> 3rd Year Analyst MM IB

NuclearPenguins

Unfortunately turning comments on a pitch deck today so I have some time in between turns to do an AMA. Thought I'd give back to the community here now that I'm wrapping up my 3rd year at a MM. Definitely wouldn't be here today if it wasn't for WSO. ###Quick background (Non-Target -> 3rd Year Analy...

68
+1
Houlihan Lokey - Private Funds Group Intern

TRASCOR

Hey all, Was looking at a post for an internship position for the Private Funds Group at Houlihan Lokey. Before applying, I wanted to know if anyone had any insight in to what this group does - I think it's an IR/PE Strategic Consulting / Fundraising type position. Looks interesting. Also if you...

1
+152
Piper Jaffray: Sweatier Than Ever in 2018

PJC Truther

Takeaway message: Piper Jaffray (PJC) is a massive sweatshop. Probably one of the worst MMs for work/life balance from what I’ve seen and heard. Imperial Capital is the only other MM bank I’ve heard that is worse, and I guess Lincoln now that somebody died. Background: Created this new acco...

162
+13
What schools have the largest student-run investment funds?

GibbonAwayNow

I've been unable to find a comprehensive list of student managed funds at both the undergraduate and MBA level. Would anyone here happen to know which schools have funds >$1 million?...

77
-
-
-
-
+2
SA 2019 Healthcare Banking?

RocketToTheMoon

Delete.....................................................................................................

6
-
+1
Cannabis a valuable ‘New’ Industry for New York

press_1

With law makers, and State officials starting to draw up legislation to legalize cannabis in New York. Analysts and Experts from the industry are estimating the market could be worth in excess of $1 billion USD and offer a profitable alternate produce for local famers. It’s not if but when New Yo...

1

Pages