Excited and Nervous

Hi fellow monkeys!

Awesome news. I received an offer to work in Equity Research Full-Time at a solid bank!

I start early September and would like to take some time to relax/visit family. But I also want to spend my time prepping for my position as most of the knowledge is learned on the job.

And so, my question to you is, what kinds of things should I do to prep. Any resources?

My list so far:

  1. Refresh accounting
  2. Read through annual reports of companies I'll be helping to cover.
  3. Excel formatting/shortcuts refresher.

Also, is there anything else that I should know? Dress code, what's acceptable in terms of surfing (reading news online, reading wso) at work, etc.etc.

Anything else?

 
Best Response

1) Yes refresh this, if you're a bit rusty I'd recommend BIWS or WSP 2) Also read through and brush up on the industry as a whole. Sometimes you can get hold of industry reports published from respected banks, otherwise just google articles or find an industry specific website (i.e. http://www.commodities-now.com/news/metals-and-mining.html) 3) If you have nothing else to do, yes. I wouldn't worry too much about knowing every single shortcut. Just make sure you know the basic formulas, conditional formatting and fast navigation / error checking.

I wouldn't be seen on Facebook etc. but if you genuinely have nothing to do nobody will mind you reading the FT, Economist, WSJ or other related content. After all the senior bankers have gone you should be fine to do some personal browsing (again, no Facebook or social media).

You'll learn everything above on the job really quickly so I wouldn't bother. Excel shortcuts are learned from unplugging your mouse, industry expertise from just sitting next to your senior listening to the hundreds of phone calls he takes and accounting is only really needed when bulding models from scratch. You'll be just in time for your first earnings season so enjoy your break.

 

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