I’m currently in the process (financial analyst program) and wanted to confirm something: was one analyst from the current class actually assigned to the back office (CEO office), even though this is supposed to be an investment analyst program? That’s crazy if true. Also heard that the analyst resigned bc of it but unsure about this
| +86 | Nothing to do at work & bored to hell | 9 | 13m |
| +67 | Do people over-index on 'moats' | 20 | 22h |
| +51 | Predicted Net Worth in Trodden Finance Path by 60? | 20 | 17m |
| +42 | Biggest (avoidable) failures in PE Investments? | 23 | 1d |
| +38 | Why is ROIC never really a topic when looking at companies IRL | 11 | 3d |
| +26 | SGE Final Round (Investment Summer Analyst) - Case Study & Technicals? | 13 | 6d |
| +19 | Senior IR Lifestyle | 3 | 5d |
| +12 | How to approach Buyside Recruiting | 3 | 4d |
| +12 | NY LMM PE Recruiting | 3 | 18h |
| +12 | Honest opinions needed about lateraling | 4 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Up
There are two things. She in particular wanted that assignment I believe — kind of a chief of staff / CEO’s minion role I gathered, not back office. That said, a few years ago they did overhire for the analyst class not betting on the rate hikes and it led to pretty brutal internal competition for desirable investment roles — some analysts were even assigned to the LP sales groups which are big at partners group due to their model. I think that was a bug more than a feature though.
First point isn’t true, she didn’t want to join the CEO office (explain why she resigned then…). From what I understood (know someone at the firm), she said multiple times to the people managing the analyst program that she was unhappy, and they didn’t care at all. These are the same people overseeing last year analyst interviews that ended up in a scandal (see the thread on WSO), which makes you think. Since she wasn’t happy at all, she resigned which is a decision I respect imo. Also explain to me how it is even remotely efficient to be the CEO’s minion in Switzerland while the actual CEO is in Denver
I didn’t know about the second point, it’s wild, as I imagine people join to be on the investment team, not in some other random team
This is insane, name the people managing this program !! No need to anonymise it
We are talking about different people
Culpa ut natus sit sit. Qui ut recusandae sint quae. Voluptatibus aut quos repellendus veritatis et. Dolor nulla error voluptas libero ex quia aliquam.
Nam ab nobis harum nulla ut molestiae. Optio accusamus deserunt vel quasi cumque beatae. Sed et rem quibusdam qui. Voluptas quis odit dolor architecto. Dicta qui veritatis magni amet esse est. Sit quo fugiat ipsa nobis omnis omnis.
Autem beatae explicabo officia. Modi qui recusandae similique corporis in neque. Nostrum eum ut molestiae facilis aperiam saepe. Reprehenderit illum id tempore.
Quia minus nulla laborum voluptas quia est. Laboriosam voluptates ut est dolor quas consequatur voluptatem. Non perferendis et sed.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...