IB ANALYST REVIEWS

I just received my analyst reviews from my bank and thought they were unthoughtful and generic. The review listed things that we hear all the time in investment banking like "more attention to detail", "better execution of financial analysis", "more expertise in industry specific sub verticals", etc. These are obviously helpful tips for an extended career in Investment Banking but, in reality, they are not going to make your work better. I have been a top bucket analyst for the past two years and wanted to share a couple things that have helped me produce better than average work, including:

  • Double check everything on paper and separating myself from work before turning back and reviewing

  • Subscribing and using online investment banking tools like BAM~SEC and MEMO~FI (www.memo~fi.co) to have an edge on your competition

  • Adhering to your superiors demands regardless of whether you have better ideas or believe you have a more correct way of doing things

  • Practicing financial analysis outside of typical staffings as you will not be given a model in a long time and need to be ready when you are

What is some of the feedback you guys hear from your 360 reviews? And, what is some real life advise that helped you be a BETTER ANALYST?

 

When I was interning the top analyst at my firm had a rule that you print everything before you send it to anyone. You will catch way more errors reviewing printed stuff with a pen rather than clicking through the deck/model on your laptop. It'll cost you a few minutes every time but will typically save you entire iterations of the project.

 

Printing it out seems to be common advice on this site. Would you say most analysts do that or are most too lazy and trust that their work is fully accurate?

 

Wouldn't suggest printing stuff out unless you're a real clutz. Look for font, double spaces, right color usage, spell check, right alignment, no typos, whether something looks right, etc. Teh more you do it, the easier it becomes, Guerro

Will update my computer soon and leave Incognito so I will disappear forever. How did I achieve Neanderthal by trolling? Some people are after me so need to close account for safety.
 

common spellin gmistakes, good pint. Use spell check. F7. Do you konw where that is on the computer? Happy to help out and show you. Where do you live? Can I remote in? Perpahs we can see each other on Zoom? Teryaihttps://media0.giphy.com/media/EAd8AQzsWWUxi/giphy.gif" alt="IB ANALYST REVIEWS" />

Will update my computer soon and leave Incognito so I will disappear forever. How did I achieve Neanderthal by trolling? Some people are after me so need to close account for safety.
 
Most Helpful

Call FactSet about everything instead of spending hours trying to figure something out on your own when the support line can help you find what you are looking for in minutes (usually)

 

Can do the same with CIQ too. Can we get this post to 10,000 SB? If this post gets 5 SBs, I will do a sequel to this post. https://media0.giphy.com/media/14cilFdQzr8hG0/giphy-downsized.gif" alt="likes" />

Will update my computer soon and leave Incognito so I will disappear forever. How did I achieve Neanderthal by trolling? Some people are after me so need to close account for safety.
 

He's a second year, will be leaving anyways. Don't b mean https://media3.giphy.com/media/GlYeU30GX4rnO/giphy.gif" alt="dd" />

Will update my computer soon and leave Incognito so I will disappear forever. How did I achieve Neanderthal by trolling? Some people are after me so need to close account for safety.
 

To be a good analyst the main factors that you need to have are: A high level of mathematical ability, Programming languages, such as SQL, Oracle and Python, the ability to analyse, model and interpret data, Problem-solving skills, a methodical and logical approach, the ability to plan work and meet deadlines, accuracy and attention to detail.

 

Just get drunk with your bosses and you will be promoted faster... duh

 

1) Highlight comments once you've turned them, making it a lot easier to visually see the comments that you missed or didn't hit yet 2) Take advantage of the outside resources available to you so that you can focus your time on the important details. Whether it's using FactSet support to create a complex chart for you, your bank's graphics team to do a full slide graphic, or Logo Intern, those all reduce time spent on less meaningful tasks

 

Are people actually abiding by the rules in WFH? Seems hard to print a whole deck after every turn on your own printer.

 

how do you practice financial analysis? do you use your company’s existing models or build from scratch?

 

There are a bunch of resources that you can use to better your financial modeling. Some of the things that I did in order to practice was to search my local shared drive for models on projects that I was interested in and reach out to the team that was involved in building it if I had any questions. Macabacus is also great.

 

“Adhering to your superiors demands regardless of whether you have better ideas or believe you have a more correct way of doing things”

  • Sounds like your firm is stuck in the 1950s.
 

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