8/26/16 - WSO Weekly Wrap Up

In case you missed them, here're some of last week's most popular topics:

Can I turn a jackass into a champion?
Post By @Fear The Bulge"

How many of you have a younger cousin named Andy, who is a senior at a target school and is pissing away any chance of excellence by drinking moderately and having the confidence of a kicked puppy? All of you? Cool, so I'm about to tell you a very relatable story.

8 Rules to Live By
Post By @IBGYBG"

A lot of people have emailed me asking for life advice after I posted "15 Career Steps". Now, pull up your skirt and repeat John Chatterton's 8 "rules to live by". He wrote them after serving 2 years in Vietnam as a medic in the frontline, where you almost always get killed.

Damage Control: How to prevent small mistakes from destroying your "rockstar" status
Post By @Ben_CharismaOnCommand"

All of us like to imagine that work will go smoothly 100% of the time; no mistakes, no blow ups with our bosses and no frustrations with the people below us. Unfortunately for most of us, that is not how it always works out.

Global Macro's Future "Stars" - Where Are They Coming From?
Post By @Burke"

The first generation of global macro investors (e.g. Soros, Steinhardt, Robertson, Rogers) came from a wide range of backgrounds. However, these days we see lots of demand for prop traders or PhD economists among macro funds. What professional backgrounds are today's and tomorrow's top macro minds coming from?

MSF Class of 2018
Post By @TNA"

With many MSF/MMS programs starting their application cycle in the next couple of months I wanted to provide a place where you guys can post your profile, ask questions or seek help. I have done this for the past 3 years and I think a lot of people have found it helpful. I hope this year will be the same!

Retired Kobe Bryant announced his $100M venture capital firm
Post By @fine-nance"

Kobe Bryant has a venture capital firm called Bryant Stibel, and apparently he has been running it along with Jeff Stibel for years. Do you think Bryant Stibel will be successful?

Is it really THAT bad with Deutsche Bank & UBS?
Post By @Making Monkey"

Are Deutsche Bank and UBS really terrible banks to work at? Should I not even bother doing an internship with them next summer?

Best Gyms and Workouts in NYC
Post By @Alibabes56"

Monkeys and gorillas, which are the best gyms and workout routines in NYC? Come and add more to the list!

How are interns/new hires allocated to sectors?
Post By @Drummond"

I am going to be an equity research SA next summer. I was wondering if any ER professionals who have made hiring decisions could chime in on how interns are allocated to sector teams.

Career Advancement Opportunities

April 2024 Investment Banking

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  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

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  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

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  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
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  • 1st Year Analyst (205) $159
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notes
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