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Comments (63)

Most Helpful
  • Analyst 1 in IB-M&A
Aug 9, 2021 - 8:35am

He's been running this "scam" for quite a while. Desperation is the main driver behind his business model. They target kids who haven't been able to make any headway in the recruiting process. If you use the search feature, WSO has more valuable content than this entire course / mentorship bs

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Aug 9, 2021 - 8:44am

I'm always seeing this guys sponsored posts or livestreams on LinkedIn. He never gives real info all he does is scare kids by telling them "recruiting is almost over" or "You're behind". He also defends this by saying he doesn't target people who are well-set for IB rather the people who go to non-targets or have some sort of GPA issue, but like I know plenty of kids who just networked hard, had good personalities and all landed IB positions. You seriously don't need to be a genius to be an IB analyst. But anyways if this thread blows up Sammy will be here and then also bring his random students to defend him - can't wait to come back to this.

Aug 9, 2021 - 8:45am

Whenever I open LinkedIn or Instagram and see Sam's bloated face pop up in the ads section my day is instantly ruined. Can't stand these grifters emotionally manipulating insecure kids and charging insane prices for shitty courses. I will say Sam is not the only one as the dravidians over at go buy side are employing a similar scam. At least at go buy side you get to interact with that big titty bimbo Brooke Baker(if anyone has her gram dm me) instead of a pudgy middle aged Asian dude.

  • Intern in IB-M&A
Aug 9, 2021 - 10:41am

He has a WSO account so he'll probably show up with like 7 other burner accounts shortly. If I recall there was another thread about him maybe last year where he appeared and tried to defend himself

Aug 9, 2021 - 12:08pm

I actually recently did one of the "free sessions" he offers to new prospective clients and one things the person on the call did was ask me to rank myself on a scale from 1-10 for how well I thought I knew my behavioral/technical questions. I see myself as pretty self aware so I felt I was able to accurately rank myself. The person then proceeded to ask me a few technical and behavioral questions to "gauge my knowledge" as well as some questions about the progress I've made with networking. Let's just say I haven't been contacted by them since. Maybe I was already too established in my knowledge of what it takes to break in so I wasn't a target for them but regardless this was a red flag to me and I have to agree with everyone here. Total scam. The whole meeting reeked of sloppy sales tactics.

Aug 9, 2021 - 12:48pm

I was reached out by them. Seemed like a complete scam. The founder basically told me he had calls with potential clients for a full 12 hours that day and couldn't spend more than 5 min with me on the phone. If all they're doing is calling incoming analysts to solicit business: 1) they definitely don't have an established set of clients 2) don't take care of existing clients. 

Array
  • 2
  • Analyst 3+ in IB - Restr
Aug 9, 2021 - 7:25pm

Similar experience as the above comments. He definitely says all the right stuff and then asks for $7.5k. Bottom line is, 99% of the people in the industry got in without forking over that kinda money, so why should I?

  • Analyst 1 in IB - Gen
Aug 9, 2021 - 8:31pm

Forgot I had a call scheduled with the founder after a (long) night out. Needless to say, I was still fucked up and I told him so LOL dude was so offended like "we have mentors at top hedge funds". Like bro if they were any good they wouldn't need the money hahah fuckin loser 

  • Research Analyst in HF - Other
Aug 9, 2021 - 12:10pm

This post needs more recognition. It's an utter scam and everyone here has the right to know about it.

  • Intern in IB - Gen
Aug 9, 2021 - 1:09pm

Haha, he kept reaching out to me after I stopped replying and then after I accepted a SA offer I told him so he would shut up and he never messaged me again. 

Aug 9, 2021 - 2:13pm

Could not agree more with the assessment of WSMM as a scam. Despite not having purchased the program, by doing their free call their pressure sales tactics and unnecessarily manipulative commentary spoke to the shadiness of their entire business model. They  aimed to convey that success was not possible without their help, and they sought to make you feel helpless and dejected coming out of the meeting. And the price they charge for the course is outrageous and simply justified by "a career where you can make millions" and the desperation many feel to act and make progress in recruitment. One example of his tactics is to make offers of "free bonuses worth $6k if you join within the next 48 hours" but the whole course isn't even worth close to that, especially when you can easily do it on your own with BIWS and a good personality. I was able to get offers and secure a spot at an EB despite their commentary and I hope they finally get what's coming to them for this. It truly is a manipulation of students' desperation and lack of familiarity with the IB world. Anyone in IB will tell you a 90% success rate is simply not possible. The field is quite competitive and most will fail due to lack of preparation (not spending enough time truly learning BIWS) or cultural fit (are you somebody people want to work with/be around). By redefining a "success" I suppose 90% could be possible (calling a spot at any regional/boutique or tangentially connected shop a success), but to make claims like that when people assume that means BB/EB placement is flat out misleading. This misleading number is pushed by claims of entry by clients into top banks, so they don't seem to mention MM or regional entries at all. In truth, Sam seems like the last person who should be teaching this course. Firstly, he is not even in the same time zone as he isn't in the US. Secondly, he isn't even the one who hops on the call with you, it's one of his goons. Lastly, he only has had a couple of years of experience in IB, and it was over a decade ago. He's not accomplished in the field and from what I gather from OP's comment, he isn't invested in your success. I couldn't think of a worse way to spend that kind of money. Hope this helps for those on the fence for his program. DON'T BUY IT. You can do it yourself.

Aug 9, 2021 - 5:02pm

I actually think being at a MM bank has quite a few advantages over BB/EB and I have friends at many, but my point is that Sam Shiah is very deceptive and misleading in his content and program. Much respect for anyone who makes it into IB though!

Aug 9, 2021 - 2:42pm

tsk tsk tsk

What concert costs 45 cents? 50 Cent feat. Nickelback.

  • 1
Aug 9, 2021 - 5:06pm

I hopped on a consultation call with him last August just to see what all the buzz about and he was disturbingly desperate.

He tried to get my credit card information and charge me a $50 down payment so I could "think things over" about whether $6500 was worth it even when I continued to say I was not interested.

Funniest part about the consultation was that he said he could help me land a SA role at GS/MS/JPM when it was already past all of their superdays (mid-August). Just goes to show how he tries to take advantage of kids by lying to them about SA opportunities, knowing they won't land those offers in time.

Only interest he has is raking cash in from unaware non-targets so he can splurge more aggressive ads on YouTube (and by the look of them, he appears to be hurting for more clients). Dude literally has "follow up" ads for those who fall into the algorithm that skip through his first ad on YouTube with finance interests where he says "The reason I keep popping up is because you haven't signed up yet… and it's because you don't trust me so let me show you my 2011 lucites from Deutsche Bank"

Bottom line: stay away from this guy and let's get this thread to the fucking moon so we can see some cringe defense comments from Sam and his puppets

  • Associate 1 in IB-M&A
Aug 9, 2021 - 5:35pm

Never heard of him before, so I just looked him up. Looks like a total fraud, we should collectively report him.

  • Intern in IB - Cov
Aug 9, 2021 - 5:47pm

I'm actually seriously concerned about this guy... It seems that he might need help taking the stick out of his ass

  • Analyst 2 in IB - Cov
Aug 9, 2021 - 5:48pm

Have a friend who did an initial call with Sam. Was told that he tries to scare you into joining the program by tearing your resume apart and telling you ur never gonna make it. Most of his clients seem to join up after not getting a SA at one of the banks that recruit early -- HL Rx, Citi, RBC -- hence why the scare tactics work.

He told my friend that his resume ain't gonna get him anywhere and the only fix is joining his program. My friend eventually decided to go solo and ended up with an offer from a top BB

I'm sure some of his students do get IB offers -- but c'mon you really shouldn't have to pay someone to help land a SA. I'd imagine most of the things he helps you with are readily available on WSO anyways... Just focus on networking. Feel bad for the people who got screwed over. 

  • Prospect in IB-M&A
Aug 9, 2021 - 8:03pm

Ya the dude seems like a major scammer. The only thing that I don't get about this guy is that he actually had a pretty impressive career before starting WSMM. I looked at his LinkedIn and he's had some roles at top IB/PE and tech startup places. Why would he leave a high-paying career like that just to become a scam artist/fake IB guru on the internet? It makes no sense to me tbh.

  • Intern in IB - Gen
Aug 9, 2021 - 8:32pm

Was wondering this too. No one in their right mind would leave that kind of trajectory to scam desperate kids. Maybe he got pushed out or just became unhinged? Guess we'll never know.

  • Prospect in IB-M&A
Aug 9, 2021 - 8:32pm

and/or doxxed him. I know you're here Sam. I know you threw MS at this. You're exploiting kids by way intimidating and scaring them, then overcharging for the value you provide. That's not ethical dude. 

  • Intern in IB - Cov
Aug 9, 2021 - 8:32pm

After seeing all the evidence that Sam was going to share here on WSO in response to my post, I offered to come back and update this post with the truth because I would like to remain anonymous.

he threatened to dox you????

  • Intern in IB-M&A
Aug 9, 2021 - 8:32pm

Jesus Christ this man almost got doxxed lmfaoooo Sam is a piece of shit and I know he's probably checking this thread hourly because he's so salty

  • Intern in IB-M&A
Aug 9, 2021 - 8:32pm

You know that you are a piece of shit when you doxx and threaten people just to keep your business afloat. Guess what Sam? We know you, and every time someone asks about Wall Street Mastermind, we'll know what to tell them ;)) xoxo

  • Intern in IB - Cov
Aug 9, 2021 - 8:32pm

HAHAHHA NOT SAM PAYING OFF THE DUDE THAT POSTED THIS ORIGINALLY / DOXXING HIM or THREATENING HIM. Sam is such an L fr lmao ahahhahah no wonder he's a failure who has to resort to shit like this. BTW if anyone is seeing this, OP originally wrote about how much he hates Sam/WSMM and it's a scam, and the post was shadily updated to positive news. Sam Shiah is a CUCK

  • Prospect in IB-M&A
Aug 9, 2021 - 8:32pm

As a student doing research online and watching videos on youtube about IB, I see that dudes face every time. However, even as a high schooler, I was able to tell that he was full of shit when he started talking about 90% success rate. Also his hair style looks like he picked up my pubes from the bathroom floor and stuck them on his head with Elmer's glue.

  • Analyst 1 in IB - Cov
Aug 9, 2021 - 8:32pm

Wow. This reads like something out of a twilight zone episode. Three days ago this post was a rant completely destroying the WSMM program and Sam Shiah name, and now it's a glowing review of how great the program is and how everything was the OPs fault.  Complete *180 degree turn* in every single way. I wish someone had saved the original post or could access it via cache because I want a historical record of what happened here.

  • Analyst 1 in IB-M&A
Aug 9, 2021 - 8:32pm

Sam most likely doxxed the dude or threatened legal action cuz he found out who he was. If he didn't change the narrative he would be in trouble. 

Aug 9, 2021 - 8:32pm

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Aug 9, 2021 - 8:32pm

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  • Intern in IB-M&A
Aug 9, 2021 - 8:32pm

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Aug 9, 2021 - 8:32pm

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