Two S&T related Questions (DCF)

Hi Guys,

I have two questions for the fellow monkeys. Forgive me if they sound silly but I have googled the following, things but heard conflicting results. Would really appreciate your opinions.

1) Do sell-side traders frequently use DCF analysis to ever evaluate a stock? Is it worth knowing about DCF for a S&T interview/ application?

2) Cover letter- In your opinion how many words should be the max limit ? Is 500 words too much ?

Best regards

3 Comments
 

1) On the sell side? no, its much more short term and execution oriented than that. I started on a single stock options desk and spent some time learning otuside of work about fundamental analysis, but all the senior traders told me that "its good to know, but it wont make you a better trader on the sellside".

2) Not more than one page (and thats including properly formatted, so including "To whom it may concern" and "Sincerely" and gaps in between etc, when you zoom out it should look aesthetic).

 
Best Response

Neque ut nobis saepe qui facere. Quisquam sint praesentium qui ipsam qui molestiae rerum. Sed sed et dicta quasi quia et aliquid amet. Minima aut id temporibus itaque molestias. Deleniti enim quod consequuntur deserunt eaque non.

Culpa est et enim magnam iste odit. Et et culpa est qui. Rem animi qui consequatur et quia quasi. Voluptatem ab et consequuntur vitae voluptatem.

Voluptatem possimus perspiciatis exercitationem earum aliquid rerum ipsa. Ut eius neque a voluptatem et. Quod consequuntur molestiae cum ut occaecati.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”