In case you missed them, here's some of last week's most popular topics:
3 Myths About Excellence That I Used to Believe
Post By @Deconstructing Excellence"
This week, I want to share with you one of the sources that inspired my quest to deconstruct excellence. It was a fascinating (but very long) report in Sociological Theory that made me realize that the three things I thought I knew about what makes great people who they are, were complete myths. Here is what I learned.
How to find a property's intrinsic cap rate?
Post By @dubyawhy"
I am at an otherwise traditional PE/HF firm that is pretty much doing its first RE deal, so we are new to this. How do I get a discount rate for this DCF? I have no way of finding out the full OCC of this investment. Alternatively, is there another way to find out a cap rate without looking at the market or transactions?
Shot at WF Financial Analyst Position, any help greatly appreciated.
Post By @networkyournetworth"
I'm handling residential mortgages with Wells Fargo and I networked my way into the Financial Analyst Program. What is my best option in terms of a "crash course" in the basics of CRE, CRE lingo, excel modeling, etc?
Ask Natalie from Accepted about Business School Admissions
Post By @Natalie_Accepted"
I'm here to answer any questions you have regarding Business School Admissions. I am a former Admissions Dean and Director, and currently I am a consultant with Accepted. While at Accepted, I've helped clients gain admission to top BBA,MBA, MFE, MF, MCF and PhD programs over the last 7 years and I'm happy to answer questions you have about Business School Admissions.
Notes from a Girl in Consulting (and Finance)
Post By @AtypicalMonkey"
I'm impatient, not detail-oriented, fun loving, not serious - none of the characteristics generally valued in banking or consulting. Yet I just got an outstanding review from my consulting internship saying I don't have any major areas that need improvement. Should I want to return to finance, I will have a standing offer from a former manager.
Reuters IBD Global Review 2015
Post By @DirtyCash"
Sup monkeys, here is a super detailed analysis of market share, fee share, broken down by division and by industry group and across regions. It should answer 90% of questions that get posted on this forum over and over again. (which group is best in x, rank xyz for me etc etc). And the information is incredibly recent too. I think it will also help to clear up a lot of misconceptions and outdated 'rankings' on this board.
How do you guys deal with negative press about finance?
Post By @sben3726"
Finance-hate is so common, whether or not it makes any sense. People seem to assume that my peers are Patrick Bateman, Leonardo di Caprio, or some character out of a Michael Lewis novel, but frankly those people are fairly rare in real life. I see very little resemblance between what I do in IBD and these fictitious characters. I also see very little relationship between what I do and any possibility of harm done to others.Did you guys have similar experiences? How did you guys internalize this? What is a healthy reaction to this?
Idiotic Compliance Training
Post By @design"
We have to take a series of online courses on the usual bullshit topics -- sanctioned countries, money laundering, etc. The worst part is there's a quiz at the end of each section and we have to achieve a minimum score or else we have to re-take the quiz. This stuff doesn't even pertain to my day-to-day functions. The rest of the people in my group and I don't have the access to defraud the firm even if we wanted to.Who else has to put up with this? I understand the firm's need to cover their asses, but there has to be a better way for them and for us to go about it.
