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+27
What Field Are You And in What Broad Region?

isa2130953

The reason I ask this is because some areas are harder to find jobs in and I found a job in an area that does not have too much. **I currently work in <abbr title="venture capital">VC</abbr> in the LA area.** NOBODY has to get specific if they are uncomfortable. If...

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+24
What was your first big break?

kyleluck

My first big break was back in freshman year, I managed to cold call the head of investment banking at X bank. Managed to impress him enough to say he would help in pushing my resume for an interview for that year's internship. But never got the internship nor interview for the summers...

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+13
Books You Recommend

isa2130953

What books do you recommend!? Name any of your top picks - finance related or not. * Venture Deals - Brad Feld (Great for VC) * Prince of Tides - Pat Conroy (literally nothing to do with finance just a great book- sad tho) * Straight to Hell by John Lefevre (stories from a...

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+3
How to manage long hours when you're not used to it

liyms64

Hi all, hoping to get a bit of wisdom from some of the harder worked around here.... figured this would be better off in the banking forum as you're more used to the hours. Bit of background - I'm an M&A consultant with experience in all stages of the deal cycle (diligence - signing - Integration ...

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+1
How are MDs actually hired?

Derk-Dicerk

I think you are all teenagers and can't answer the question. But I hope there are some experienced people here who know. What actually happens to a senior VP, do they get internally promoted to MD, do people just constantly offer you MD roles, or is there something else?...

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Qatalyst FT2020 interview

Qthrowaway1998

Throwaway account. Just received an invite for Qatalyst FT2020 first round phone interview. Seems a lot of the information in the database is tailored toward SA interviews. Wanted to see if anyone has interviewed with them for FT before and can provide any insight into the questions and process. Onl...

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Investment Memo Example?

fynance18

Hi All -- Does anyone have an example investment memo they can share? Tried searching online but having no luck. I have a case study coming up and they're asking for one. Any leads are appreciated :)...

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URGENT HELP PLS LBO MODEL NOT BALANCING

fynance18

Hi All -- I have a 24hr case study coming up and I'm trying to get a template set but my model isn't balancing. It's a mezzanine tranche of debt that is throwing it off bc when removed everything is perfect. Anyone available to take a quick look, I can dm the model. Really really appreciate it!!!!!...

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+1
How to break into Operations

GoldenBananas

Hi Monkeys, I know a lot of you are trying to break into operations and while I know that it can be quite hard and competitive at times, you need to stay positive. I would like to share with you some tips that you could use to secure that sweet Ops job. Essentially, there are a few critical ques...

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+4
IMPERIAL COLLEGE BUSINESS SCHOOL FOR IB

thenewchimp

Offer for MSc Management at Imperial college business school, also LSE post grad diploma in Acc and finance Will a MiM at ICBS get me into a top bank for IB? OR not worth the 27k???? help!!!!!...

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Kurupt

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+2
SA 2020

happyhippie

Hi! I have been a little behind so I am confused as to which firms (BB+EB) are recruiting rn and what the time line going forward for this summer is for 2020 SA? Also, is it fruitless to apply without having a connection at the firm? I am at a target. Any info on the following would be great: Morg...

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+24
Reconsidering banking after receiving offer... help?

rituneX

So I'm a sophomore econ and math major at a target school, and I've been aiming for banking since the start of college. I'm now sitting here with a summer 2020 IBD offer at a good BB and completely doubting myself. This semester in college has been rough because I overextended myself with courses ...

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deltedelteltedeteldelete

teaktable

deltedeltedleteldeltedeltedletedletedletedeltedletedletfdledltelleteldeltfeldeltedleteldtledleteldeltedel...

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+1
Orienting Law related internship for banking

unluckysoul

I'll be interning at a federal court this summer under a judge with a couple of law clerks (yes, nepotism). However, my heart these days is leaning more towards banking, and it would be awesome if I could intern sophomore year. However, I don't know how I can orient the freshman internship as a spri...

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Impact of Tenured Employees Outside of IBD in IBD recruiting?

teaktable

Overall the question is, if I had a financial advisor in wealth management with 10 years+ with the firm, or someone in S&T who has spent 15-20 years with the firm recommend me for IBD, what would be the weight of that? Would it even matter in the grand scheme of getting interviews? What about a MD ...

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2019 Bay Area TMT Group Rankings?

oceandrive

What are the best TMT groups to be at in the Bay Area in terms of deal flow / exit ops? Seen a couple posts on this but wondering how it has changed throughout the years...

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[GS Valuation Principles Guide] PDF version

ema

Does anyone have the latest PDF version of the Goldman Sachs "Valuation Principles Guide - Investment Banking Division" and would be willing to share?...

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Barclays Early Superday May 17th Status Updates???

AZNman

Just wanted to see if anybody had heard back from the early superday at Barclays from last week. HR didn't give anybody I interviewed with a timeline and I wanted to see if anybody had either heard back or had experienced the Barclays early process in the past. Thanks!...

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+4
What are the top restructuring/distress debt advisory teams on the street for 2020 Summer Analyst recruiting?

RX-prospie

I was looking into a ton of different firms: Miller Buckfire, PJ Solomon, Ducera Partners, TRS Advisors, Centerview? Where do these stand compared to some of the more established players? (Lazard, PJT, Evercore, Jefferies, etc.) Ranking would be great....

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+1
PWM at BB during school year or try boutique IB?

AdderallMonkey

Hey guys :) I am an incoming sophomore. So this summer I am interning at a top BB (MS,JPM,GS) in the PWM department. I go to school in the city, so my boss said if I wanted to I can continue to work during the school year one day a week. My goal is investment banking, so I was wondering if it would ...

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Dartmouth vs. Duke OCR?

NJStudent1021958

Hi everyone, As a high school junior I've started thinking about where I want to go to college, and considering that I want to go into finance, particularly Private Equity after undergrad (yes, I know it's very difficult but one can only hope...) I have narrowed down my top choices (schools I am t...

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+75
Offer rescinded what can I do now?

Anonymous Monkey

Hi everyone, I signed my summer offer with this bank earlier this year and recently I realized that a friend that I was going to find housing with, backed out. And since it was an unpaid internship to begin with, I would have had to pay around 1200-1300/month for housing if I went solo. I decided t...

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+2
Callable bond question

Pan European Monkey

If you have a perpetual bond that can be called after 3 years. It was issued when the 1 year interest rate was at 10%, in year 2 the one year interest rate increased to 20% and finally in year 3 the one year interest rate is 15%. For year 4 the interest rate can go up to 20% (70% likelihood) stay fl...

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+4
Have you heard of these guys?

Harden221

Just came across a bank, Torreya Partners, on LinkedIn. What is their reputation, comp, culture? ...

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+1
Starting Out With Clothes

backup5162018

Hi, I'm a rising sophmore at a T2 (think Dartmouth, Penn CAS etc.) target with a high GPA. I have a part time internship this summer, and will be going through recruiting over the next two years presumably. I'm sure this has been asked before, but is there some sort of reasonable checklist for what ...

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+4
Warwick Uni vs Kings College vs NYU (CAS)

TheConfusedKid

Hello, I'm a student at a school in Europe and I have been admitted to NYU CAS and have offers from King's College London and Warwick University. Currently, I am trying to decide which uni should I attend but I'm having difficulties. I'm talking about undergraduate degrees, and I surely want to purs...

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+2
Is NYU CAS Economics a nontarget?

guest4567

I am trying to decide between schools right now and I have been reading all over the place that NYU econ is a nontarget. I know that they have access to most of the on campus recruiting opps that stern students have, which is access to almost every known bank in NYC. Do banks really weed out econ st...

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+1
Reasons to, and not to Become an Investment Banker

danldesr

What are the top three reasons to become an investment banker, and what are three reasons not to be an investment banker? ...

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+2
Is it good or bad to ask after someone's kids during a coffee chat?

hellotoyou789

1. Is it good or bad to ask after someone's kids during a coffee chat? 2. If someone recently went on maternity leave is it good or bad to ask after their baby during a coffee chat? On the one hand it seems like a good idea as many parents like talking about their kids more than anything in the w...

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GPA tanked second semester freshman year. Am I doomed for sophomore internships?

unluckysoul

I'm a student at a target (Think HYP) So basically, freshman fall. I kinda struggled, but I managed to churn out a 3.7 (yes, I literally got an A minus in every single course, which makes me very salty looking back). However this semester, due to an infamous course, my schedule got f*cked up. In fac...

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+1
What are some unusual jobs you've seen people leave for after banking?

Reggin

I just read a post about someone who left banking to become a police officer and it got me thinking about other odd destinations post-IB. PE, corp. dev, consulting, etc. are obviously some of the more common landing spots, but I'm curious to hear about people moving to blue-collar jobs or switching ...

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(France) rather a 6 months ECM off cycle at BNP/SocG/CACIB or Big 4 M&A ?

Poulet-MalAssis

Hello everyone, For the clarity of my question and your answers, just note that i’m in France. I have two opportunities, one at BNP/Société Générale/Cacib in ECM and one in the M&A team of Big4 Audit. My goal is, just like many others here ahah, to secure on the longer run a position in the ...

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+3
How to network with people in specific groups?

hopefullybanking

This is my first post so I am sorry if the formatting is bad. I am currently a rising sophomore at a semitarget (think USC, Emory, Vandy) and I am interested in reaching out to bankers in specific groups this summer. I will be working in asset management; however, I really want to develop relationsh...

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Why would one prefers the sell-side?

TheSleepyBanker

I understand that most people prefer the buy side, for better $, better hours, less grunt work, etc.. Many gets into the sell side just to have a shot getting into buy-side later on. Still, I understand there are those who prefer the sell side as well. So just curious why would one prefers sell-si...

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+1
Pointless Thread

startedaspremed

00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000...

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+16
Where did you go to school and where did you end up?

mthomas711

I’m interested in how your school choice affected your ultimate career path. Did you go to a target or no? Did you up at a BB EB MM out of school? Or if not, how did you end up there? Or if not, where are you now and where do you want to be?...

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Any tips on networking over the summer while interning in NY?

D-Sol

I'm a rising junior at a Non-target and interning in NYC. I'd really appreciate if anyone can give me some tips on how to network in NYC for IB over the summer. I'm interning in Finance at CPG (companies like P&G, Unilever, Kering.) I'm trying to get into BB. Should I focus on networking or work har...

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+64
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...

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+2
LBO Valuation to extract floor value in a divestiture case

compmonkey

Hey guys, I don't really understand how LBO models are performed to find the floor value of a private company? I have the financials of last 3 year (up to FY18A) and 5 year forecasted IS, BS and CF. I have the entry multiple of 7x and exit multiple of 8x FY18EBITDA. The company wants to Sell 45% ...

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Seeking Advice for FT 2020 Recruiting

StreetEagle

Hey WSOers, I've been a long time lurker on this forum and I'm looking for some networking advice for FT recruiting. I've read hundreds of discussions on this form and I owe a great deal to actively contributing members for providing some sound advice about recruiting! I'm a rising senior at a semi...

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Major/Minor for IB or S&T (not sure yet)

nontargetfinance

Not sure if I want to go into IB or S&T yet. Still in undergrad with a good gpa. I came in with a lot of credits. Which is better? Economics and Finance Major with Math and Philosophy Minor? Or Economics and Math Major with Philosophy Minor? Just curious to see what everyone else thinks....

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+32
2017 Commercial/Corporate Banking Bonuses

WallStreetJunkie123

I'm curious to see how everyone fared in terms of commercial/corporate banking bonuses this year. Especially interested to hear about people who are only 1-2 years out of school (however, please feel free to share numbers for all roles and levels) Personally: Bulge bracket commercial bank, ~2 years...

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+4
Breaking In: Should I Relocate for Regional Boutique??

Anonymous Monkey

I am a big 4 TAS financial due diligence associate. I’m five years out of undergrad, and my end goal is to end up in small PE or large corp dev. I recently won an IB offer from a no name regional boutique a few hours away from my city and am unsure whether or not I should take it. It’s a legit ...

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+1
Societe Generale? TMT?

MonkeyLDN

My friend has an interview for the M&A TMT group at soc gen, I was wondering if they are particularly known for anything special and if anyone could shed some light on their TMT group particularly? Many thanks. ...

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+3
Guggenheim Structured Finance - Updated Info And Reputation?

creditrevolver

All - Can anyone shed some light on Guggenheim's reputation in the structured credit space (CLO/ABS/CDO, etc), whether it be NY or Santa Monica Office. Haven't seen much on this site about it, whether its the IB function or the investments side. Culture/Exit Opps/Rep? Thanks....

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