Silver BananaTopicReplies
+100Investment Banking Resume Template - Official WSO CV Example<img src="" alt="Investment Banking Resume Template - Official WSO CV Example" /> <p><b>Attached to the bottom of this post, you will find the Wall Street Oasis Investment Banking Resume Template...156 (2 new)
+70Most Illegal (or unethical) Thing You've Witnessed on the JobLol definitely want to hear what some of you have to say about this. I'm sure there are some good stories out there. 77 (44 new)
+68I have officially accepted a position at...postsI’m genuinely curious as it seems like these type of posts have become the norm for the younger generation on LinkedIn, why do people post these? You’re not a 5 star football recruit I couldn’t care less which option you decided to pick and your thank you shade you throw at the companies...76 (76 new)
+67What were the biggest lies you were told during the interview process that weren't true on the actual job?Examples: -"We have great team culture" -> they are neutral with each other -"Facetime is not required" -> but they'll call you out if you don't show up -"We love you / We want you to come in immediately" -> they actually can't f***king...100 (100 new)
+63The students at top schools aren't really that intellectually impressive. So I go to a top school, so think Harvard, Yale, or Princeton. And coming in, I almost felt a sort of insecurity, because I thought that I would be up against the grinders whom I knew in high school, and against kids who went to the best boarding schools, which everyone knows prepare kids well....118 (118 new)
+58What Are You Old-Fashioned About?What technological advancements or updated social norms are you not following? I like to think I'm a pretty forward-thinking guy but I still always prefer to pay with a card/cash, over using Apple Pay on my phone. What are you old-fashioned about?113 (113 new)
+56How I Broke Into Goldman IBD From a Non-TargetHello Everyone, I am a senior at a non-target school in the northeast and have recently accepted a <abbr title="full time">FT</abbr> offer in <abbr title="investment banking division">IBD</abbr> at <abbr title="Goldman...47 (47 new)
+51Football, Potential Felon, Non Target ---> S&T Offer####ABOUT ME A decent amount of details will be omitted, went through too much to type.. just shoot questions… My mom was 21 when she had me and my father was a taxi driver In <abbr title="New York City">NYC</abbr>. Growing up was a bit tough given the cards I was...30 (30 new)
+46I Might Hate Finance, And This Might Be the Turning PointThe signs were all there. I wasn't a great student in college, but it wasn't the content of the work that killed me. It was the little things like attendance, being on time to things, paying attention to the instructor, setting aside time to study, and following the instructions...47 (47 new)
+43Where do you find those "wifey" types that will stick with you forever?Since most women in clubs are just looking for one night stand/brief flings and <abbr title="investment banking">IB</abbr> girls have superiority/feminist complex. So where do you find those other wife type girls?143 (143 new)
+39How do you stop being butthurt and emotional in this business?Do any of you cry if your MD/PM yelled at you for screwing up, or coming late, etc.? Or simply feeling irritated by your MD/co workers who speak in a stern voice? How do you stop taking all of this personally, and realize that all that matters at the end of the day is money? 120 (120 new)
+38Bad HabitsWhat bad habits (besides lack of sleep) have you all developed since you started at a bank? For example, I started biting my nails after a month on the job but had never bit them before and a friend began to mumble random finance terms in her sleep.47 (21 new)
+36 lean keto to volume in foreign compass of doors of the feature training outlander round in desert hither into expropriate exploit abstain from at abstain wean away from way to combine about accelerate-between crash stranger lavishness by oneself at for on age-strung to regular a in...0
+34Slim Trim Keto Max Diet: Weight loss Shark Tank Reviews, Price & Buy!It trusted that energetic about might have a hereditary inclination to stout. On the off chance that you feel truly genuinely . valid for you, it may be the case that tend not to deliver or react into the pertinent hormones in your body, with the goal that your appetite never feels content...0
+33It's getting ugly out there - Baly to cut 13 stock teamsArticle just hit last night...Baly cutting 13 stock teams (~40 investment professionals) plus a bunch of back office to be cut by end of year. Oct was really bad for hedge funds, Nov has been an official **bloodbath**. MLP, Citadel, Baly all getting hit hard. Garden leaves vary by firm, but...128 (128 new)
+31What Profession Lives Up to its Hype?So we all know that expectations usually don't meet reality: 1. Banking -> <abbr title="private equity">PE</abbr> isn't the multi-million dollar promised land 2. Academia to professorship is a nightmare process with slim chances of tenure 3. Becoming a...81 (62 new)
+31Approaching 30 and lostI am turning 30 this month and looking back now I realize how little of my goals I have achieved (professionally and personally) I make around $150k a year, hardly enough to make a decent living in Manhattan. Not in <abbr title="investment banking division">IBD</abbr>...46 (8 new)
+27Let’s talk REPE CompAlways found REPE compensation info to be spotty so looking to share. Market: <abbr title="New York City">NYC</abbr> Experience: 7 years Role: Acquisitions Firm Size: $7B AUM Salary: $150k Bonus: 70%-100% of Salary Carry: N/A Hours: 45 hours/week 222 (222 new)
+25UK Non-Target to FT Analyst at Top Tier M&A FirmHi everyone, This website has been incredibly useful to me, and I owe a lot of career success to it. It’s given me a lot of excellent insight into <abbr title="investment banking division">IBD</abbr> and has been a great source of motivation. Therefore, I’d like to...16 (1 new)
+23Career Paths/Exit OpportunitiesI think this would be very beneficial to a lot of people on this forum, so if you could list your career path to how you got to your position you are currently in now from undergrad, as well as the firm or at the least the size, it would be very appreciated. Ex: investment sales (think...35 (30 new)
+23Private Equity Resume Template - Official WSO CV Example<h4>Attached to the bottom of this post, you will find the Wall Street Oasis private equity resume template for experienced professionals, used by the WSO paid service and thousands of candidates to successfully land a job in private equity.</h4> For those of you with deal or...72 (1 new)
+23Is it weird to like working 100 hrs a week?I always preferred to work over 14 hrs a day and always felt the 40 a week is not enough. Since my job requires a lot of analysis and research, it is quite enjoyable to work all day. I recently saw an [article...56 (8 new)
+22Marriage?Are you investment bankers better off marrying a girl who’s also working the same job in investment banking? I feel like they would understand the obscene workload and long hours. And the combined income could also reach up to a million for the family in the long run. Or would you prefer a...52 (52 new)
+22Microsoft: The (not so) Evil EmpireAh, **Bill Gates**. Growing up, William Henry Gates III was the kid you loved to hate: With an IQ of 160, a today’s dollars-trust fund worth north of $20mm, AND politically connected parents, he was smarter than you, richer than you, and had a brighter future. <img...38 (38 new)
+22Lying on your resume -- experiences, ethics, and strategies This might not sit well with a fair amount of people on here, but I've found this interesting since I've heard a few financial professionals say that this is an okay thing to do (to an extent). Has anyone else here made a small lie on their resume? (director of bullshit club,...80 (36 new)
+22Some Red Flags During an Interview?What are some factors that we should look out for while interviewing, that would either * automatically ding us OR * We should watch out for from the company's side32 (14 new)
+21I'm nervous about ring for herI'm looking for where to buy a ring and found this (redacted spam). What do you think of it? Whether you are deceived there or have you heard something about it? Tell me, you've already gone through this. I'm nervous!30 (30 new)
+20So what's December like for you FO guys? It's interesting in BO . . .As I've posted here before, I'm <abbr title="back office">BO</abbr> at a <abbr title="bulge bracket">BB</abbr>, and generally having a great time with it. I even did an AMA on managing my Summer Analysts if anyone wants to look up my post...29 (29 new)
+19"Self Made"Simple question. Can you really consider yourself "self made" when your parents dropped $100,000+ on a public or private education for you? I hear people claim that their "self-made" but yet they went to a $200,000+ private school completely on their parents dime. Interested...70 (70 new)
+19How did you learn to think high level?I’ve been reading bios of a few prominent executives and have found the trajectory each takes to get to their current seat to be really fascinating. This is not to say that many or even any of these paths are straight line or replicable, but what each has in common is that at some point the...21 (21 new)
+19How has MeToo changed your willingness to mentor female team members?Just curious if it's changed anything for anyone else? Not going to lie, it's made me very paranoid, I don't meet anyone (male or female) at all unless it's in a public place and I had cameras installed with audio at our main office. I talked to a few executives at...47 (47 new)
+18Against InstitutionalismI had a conversation with a close family member who was looking for my perspective on office politics / career. Through our conversation and for the first time, I realized I have an anti-institutionalism perspective on career. This perception of career / work / organization has served me well...7 (7 new)
+18Why does every 2nd IBanker want to transition to PE?I've done research and spoke to a lot of people in the industry and it seems like the hours aren't that better at all from <abbr title="investment banking">IB</abbr> and the all in comp is roughly the same as in <abbr title="investment...52 (52 new)
+18Am I in okay shape as far as how much I've saved at age 27?So I work in an industry that is very niche. I graduated magna cum laude from a top target school, did management consulting for awhile, and then moved into something in sales with somewhat low hours, pretty minimal travel, and when I do travel, unlike in consulting, it's usually...43 (39 new)
+17Does anyone know why bodybuilders use steroids?This may be the wrong forum, but I want objective views (not a tirade with a hidden agenda to defend its use), on exactly the title question. I watched some football this weekend (American football, not those skinny wimps kicking a ball around), and I noticed these guys are incredibly fit,...73 (73 new)
+16Are we in a new Family Office bubble?Maybe I'm just cynical, but at my <abbr title="middle market">MM</abbr>, we have rarely seen family offices compete for deals in auctions and it seems there are more and more being formed weekly, if not daily. I'm astounded at how much capital is now going into...26 (26 new)
+16"What do you want for Christmas"Hold off on the jokes, for now. Every year my family and significant other inevitably asks me what I want for christmas (early/mid 30's). Every year I have no ideas to supply them with outside of token fluff as I would have already purchased it if I wanted/needed it. That said, my...40 (40 new)
+162019 Race/Competition Goals?I know a bunch of people on here compete. What are your goal times for next year for your events --- 5Ks 10Ks, Marathons, Tris, etc etc etc? Whats your big race of the year? This is what I am thinking so far... Plan to do: Jan 50K (registered) - just want to finish / have fun (its a...69 (69 new)
+162020 On-Cycle Recruiting AnecdoteOn-cycle <abbr title="private equity">PE</abbr> recruiting is a nightmare. Your sense of self-worth becomes tied to a result that is ultimately out of your hands. Rejection is inevitable and crushing. Remember this is a small step in your career and working in private...27 (22 new)
+16Whats the coolest perk you've gotten from work?We've all heard the war stories of private jets, booked clubs and models and bottles. It seems like the 'good-old-days' may have come to an end but I was curious of any recent cool experience you guys have had? Ex. Closing dinners, relationship management etc44 (44 new)
+15Greatest Acquisition of All TimeLong time listener, first time caller. Searched through the forums to no avail. What do you consider the greatest acquisition of all time? Can be corporate, government, whatever. A few that come to mind. - Google purchasing Youtube in 2005 for $1.65B (Valued at $160B earlier this year -...24 (24 new)
+152018 /2019 Bonus DiscussionThat time of year again. Many banks are just finishing their fiscal year but others should be close to payout time (BMO / <abbr title="Royal Bank of Canada">RBC</abbr> / others?) Thought might be good to start a thread to see where comp is shaking out. I realize...11 (11 new)
+14Have you ever been called out on non-PC things you have said in the office? I'm pretty PC in most situations, by context. You know who to tread lightly around, in terms of words said. Has someone ever called you out on being non-PC in the office? I've only been called out once. That I can remember. I think I was about 6 weeks into my first job after...33 (29 new)
+14In my 30s and want to start overHello <abbr title="Wall Street Oasis">WSO</abbr>, let me get to the point. I'm in my early 30s, and want to change my life around, but I'm not sure where to start or what I want to do, or even what I'm realistically capable of doing at this age. The...50 (50 new)
+14How to Diligence Firm Culture / Determine Fit (Post-MBA / After 2-Year Program)Hi all - Wanted to get some perspective / insight from some of the more senior / tenured <abbr title="Wall Street Oasis">WSO</abbr> members on something I have been trying to figure out for a while. Come this summer I'll be rolling off of my associate program at an...7 (1 new)
+13GS Veterans Integration Program (VIP) 2019I'd like to start the 2019 Veteran Integration Program thread this year. The application just opened up and I plan on applying in the next week few weeks. Taking this content directly from last year's post - In past years the application entailed an online resume screen, followed...45 (39 new)
+13What Straight-A Students Get Wrong Worthwhile opinion piece this weekend from Wharton professor Adam Grant - ["What Straight-A Students Get Wrong"]( [quote]The evidence is clear: Academic excellence is not a strong predictor of career...42 (42 new)
+13Uncovering "News" Before It Hits the Front Page of BisnowIn real estate, similar to wall street, once bisnow is covering a "hot market" it's usually a little to late. Not always, but generally speaking brokers have managed to mark up underwriting assumptions to a point where the upside is definitely limited. Curious whether anyone...26 (26 new)
+13Rothschild = Goldman Sachs of EuropeI would like to hear opinions on Rothschild in London/Europe. I heard in America they are not that good, but they are top notch in the City. From what I heard from bankers in the City, they are the most prestigious place (one of), and are basically Goldman of Europe. They rank no.1 in multiple...26 (26 new)
+13Favorite Strains? Just got some Gorilla glue #4 and Lucky Charms ... they are both good, but huge fan of Gorilla glue #4 so far... Also, got a few Kaviar joints last week. My friend and I tried out the Indica and it was fucking strong as hell - pretty awesome though....47 (47 new)
+13Hedge Funds v/s Private Equity: Which industry will survive and thrive in the next two decades?**Loaded Naive Questions Alert:** *Apologies for the verbosity.* I recently read a thread on the hedge fund bloodbath. Coincidentally, I recently saw a video where Balysany spoke at Milken Institute's panel discussion and gave some profound advise on 'How to run a hedge fund?';...24 (24 new)
+13Success tips for manic depressivesFor all you manic-depressive types, what tips and tricks do you have to maximize your success through those highs and lows? 23 (23 new)
+13Incoming full-time Analysts: How much debt (student loan/cc debt) do you have?Thought this would be interesting to see. How much in student loans did you take out? Do you have any existing credit card debt? If so, are you paying interest?70 (70 new)
+13How to beat your boss in a pissing contest, literally.Hey guys, just thought I would drop some advice here. This website has been a big help for me recently so I thought I would give back. The topic I'd like to discuss is one of great importance. Have you ever been in the bathroom at work, and your boss comes in? He sets up on the urinal...10 (10 new)
+12How has high finance changed your worldview?Working on both the sell side and now the buy side makes me think the only thing that matters to people is money and power. People won’t treat you with respect unless you have a ton of money, power or prestige. Do you agree? How do you get away from this type of pessimistic thinking?27 (27 new)
+12Craziest Hobbies You DoWhat are the craziest most eccentric hobbies you do, or have heard someone else do. I'm not talking about stamp collecting or picking up pebbles to shove up your ass, but actually interesting things that would make your interviewer instantly hooked on what you are saying. Have any of...40 (40 new)
+12How did you get your current job? Tips & advice.How did you end up at your current job? Was it through a contact you knew? Graduate school? A website you recommend? Any advice for someone who is on the quest for landing a solid job. Thanks.45 (7 new)
+12I was in Equities Research for 10 years in Asia – Ask Me AnythingJust some brief background about myself. I started in Australia working as an Actuarial Analyst and moved to Hong Kong just before the Financial Crisis. My first job at an Investment Bank was at a Bulge Bracket doing Data Management for their Equities Research Department. Eventually, I got...40 (30 new)
+12Dumb 3rd-rate designationsSo I'm confused by those who decide to get random worthless designations. I just saw a comment on a coworker's linkedin post (he's going for an Oxford Ph.D. btw, and lists nothing) from somebody who is a QKA(R), CRPS(R), and CHSA(R). Who puts this sort of junk after their name? ...44 (44 new)
+12Two-Year Sabbatical/Break from PEI’m a Senior Associate at a <abbr title="middle market">MM</abbr> <abbr title="private equity">PE</abbr> fund in my mid-20s. I enjoy what I do, but want to try something different. I’ve had an entrepreneurship bug as far back as I can remember,...19 (19 new)
+12Moelis NY placements for this cycle (HF and PE)?Hello everyone! I will be interning at Moelis <abbr title="New York">NY</abbr> in Summer 2019 and was just curious how well Moelis analysts placed this cycle. Appreciate any information regarding this!43 (43 new)
+11Best Groups at BBs, Best Banks for certain Groups RankingJust wondering about street perception on ranking the bulge brackets/elite boutiques across the major industry and product groups: (As in which firms have the strongest groups for some of these) <abbr title="mergers and...41 (40 new)
+11If you could never work again but still earn middle class salary, would you do it?Let's say someone offered you middle-class salary adjusted to your city's COL (around 50k in most medium-sized American cities) would you do it on the condition that you never get a job? Meaning you can never move up the social ladder but you never have to work.59 (59 new)
+11Buyside Jobs out of UndergradHow do the people who get jobs at places like Silver Lake, Silver Point, and Blackstone do it? Are they just smarter, do they work harder, is it connections? And how do those jobs compare to top banking jobs at <abbr title="Goldman Sachs">GS</abbr>, MS or EBs?38 (38 new)
+11Do wealthy men actually attract gorgeous women?There's a narrative out there that wealthy men (non-celebrity) get hot women. Is this based in reality or is it a Hollywood story? I work with some very wealthy people and their wives or significant others aren't really that attractive. I find they're usually with someone who...37 (37 new)
+11Interview with Piper JaffrayI'm interviewing at Piper Jaffray for Diversified Industrials and Services Investment Banking, can someone shed some light on how the interview process is like? Anything about this group at Piper Jaffray will also be helpful.52 (52 new)
+11What to wear to coffee meetings? I have a coffee meeting with an SVP at one of the big brokerages. This is supposed to be just a chat about the industry, but I will definitely be implying that I'd like to work there. What should I wear to the meeting? It's pretty cold out right now and I was thinking of just wearing...29 (29 new)
+11Workout Routine Working 80-90 Hours?What are some tips and tricks or whole workouts you guys use when you don't really have time to spend 2 hours at the gym 4 times a week?45 (45 new)
+11I'm a hedge fund recruiter. AMA!Howdy all, I work at the largest private search firm in the world that only does financial services. I focus on the fundamental, bottom up investing space of the hedge fund community, however we cover the full gamut of products on the buy and sell side. It's been quite a year for the hedge...62 (61 new)
+11Stupidly low bonus. Should I jump ship?Quick summary: graduated 12 months ago, been working at this 5 man <abbr title="mergers and acquisitions">M&A</abbr> boutique for around 8 months. Was promised quarterly bonuses and a split on execution fees. Base salary was low @ $50k but still took it. Fast forward...36 (35 new)
+11Is it normal to feel stressed after taking an offer at a BBDoes anyone else feel pressured after they accept an offer? like wondering if they really are good enough? idk whats brigning on this lack of confidence ever since i accepted an offer at a <abbr title="bulge bracket">BB</abbr>17 (17 new)
+10How real is the pigeonhole?Hey guys need some insight here: so I’m a second year analyst at a <abbr title="bulge bracket">BB</abbr> power group at the moment but have the opportunity to move internally to another group. They're just starting out a junior team at this office and so I’d work...46 (16 new)
+10The WSO Job Board is Now FREE The WSO Job board is now free for anyone that wants to apply...all anyone has to do is upload a resume and they will be allowed to submit their application. <P> <div class="text-center"> <a class="btn btn-success btn-lg text-center" id="Register...4
+10Protein Shake as a mealLooking for something to substitute breakfast/get good protein after a workout. Never done it before but bought an overpriced shake recently and really liked it (Strawberry, banana and vanilla? protein powder) pretty sweet tbh but something that doesn't taste like crap and has good...42 (42 new)
+10Anyone actually like their corporate development job? (Post -IB)I know most people exit to <abbr title="private equity">PE</abbr>/<abbr title="hedge fund">HF</abbr> (coming from my firm) and maybe 1-2 in each analyst class exit to corporate development. I myself also plan on exiting to <abbr title="private...21 (21 new)
+10Any other targets get screwed by this year's Summer Analyst recruiting cycle? What are your plans now?So I went into the summer recruitment process pretty confident coming from a target with a 3.8+ gpa and a relevant <abbr title="investment banking">IB</abbr> internship at a boutique under my belt, and so far no opportunities have materialized. Had multiple phone screens...37 (37 new)
+10Where to live in Boston for young peopleAnybody know where are the best places to live in Boston for the summer? I will be a rising Junior and working in the Financial District.30 (13 new)
+10In my early 30s with no directionI wanted to reach out to this community to possibly help me get better situated with my current position. I am so lost at this point and would really appreciate some feedback from the more successful individuals from this community. I have recently discovered the <abbr title="Wall Street...24 (23 new)
+10Bible of FinanceWhich of the follow do you think is like the bible in the field of Finance? Investment Banking - Valuation, Leveraged Buyouts and Mergers & Acquisitions (Joshua Rosenbaum, Joshua Pearl) Principles of Corporate Finance Brealey Myers Books on Corporate Fiance by Damoraran Financial...25 (25 new)
+10How do You Stop Yourself From Wasting Money?Title says it all, how do you guys stop yourself from blowing through every penny you have? Given the long hours and perpetual stress inherent to finance I always find myself daydreaming of the "next big purchase" that I can make. Not that I'm swimming in debt or anything, but...36 (27 new)
+10People wondering whether they should quit their IB job to join the militaryThis post is inspired by a recent thread in which someone mentioned wanting to leave his cushy <abbr title="investment banking">IB</abbr> position at 26 to join the military as a junior officer. Apologies if it's in the wrong forum, moderators. As someone who...1 (1 new)
+10Be a WSO Social Chair & Help Host WSO Meetups in Your City We've been getting more events going on lately (Paris, Toronto, Charlotte & DC this month, plus <a href=""><abbr title="New York...117
+9Join the Email & WhatsApp groups for your city Join the email list for your city to receive updates on future <abbr title="Wall Street Oasis">WSO</abbr> events in your city. When signing up you will also receive a welcome email with a link to join your city's WhatsApp group. We created these WhatsApp groups with...71
+9My Story (A Thank You Card to Patrick and the Team)<em>I recently received a message replying to a comment I made how I was able to break into <abbr title="investment banking">IB</abbr> as an intern and would like to provide a nice update to where I am in my career. </em> <h3>Original Story from April...20
+9What is High Finance? Is this just a made up term? What's middle and low or even atmospheric finance? Can someone define?22 (22 new)
+9AMA: 2nd year BA/A/AC at MBB going to UMM/MF in 2020Graduated from a non-target university and joined <abbr title="McKinsey, Bain and BCG">MBB</abbr> at a mid-size office. Just signed a UMM/<abbr title="megafund">MF</abbr> <abbr title="private equity">PE</abbr> offer during 2020 on...25 (25 new)
+9What level do I have to be at to get a trophy wife?To be more specific I want a supermodel wife. Those with internships, did your MDs have banging victoria secret angels as their spouses? What about the VPs? Do I need to be the CEO or the manager of a hedge fund to get one? If not supermodel, I'll take the next step down and do a...10 (10 new)
+9REPE failed drug testSo, it's that time of year, excited and highly qualified future <abbr title="summer analyst interns">SAs</abbr> receive the worst news imaginable: you failed your drug test and we can no longer offer you employment. Unfortunately, I am one of you. The most qualified...37 (37 new)
+9Financial & Valuation Modeling Boot-Camp<strong>Financial modeling</strong> is a skill that any investment banking analyst will have to master. Although the majority of investment banks and other financial firms now have formal training programs, many students and prospective finance professionals are choosing to enroll in...52
+9Overcoming Inferiority ComplexI am 19, a student and have an insane inferiority complex.. I always feel as if I am behind in some way, that I don't "look" the part, or that I can never achieve X because (insert bs reason here), etc. Basically a bunch of bull shit that I keep feeding myself for idk what reason....27 (26 new)
+9Getting through the lowsI'm 0/3 on interviews in banking and for at least 2 of them I really felt like they went well and I had a shot. I'm from a non-target and I would gratefully work at any tier of firm. Has anyone experienced a similar situation? How did you get through it?15 (8 new)
+9Leaving Investment Sales for Small/New RE fund - sound worth it?<abbr title="Wall Street Oasis">WSO</abbr>, I have a pretty cushy analyst job on a decent investment sales team, working about 40-50 hours per week with a nice boss and making about $100k a few years into my analyst stint. I do not see myself staying in IS long term since...33 (20 new)
+9Baird lifestyleHey guys! Can anyone here speak to the analyst lifestyle in Baird’s Milwaukee office (hours/weekends/etc.)? Much appreciated.37 (13 new)
+8Paid Subscriptions that are worth their money/good value?Are you guys enrolled in any paid subscriptions? do you think paid subscriptions are worth it? what kind of subscriptions are you willing to pay for? they don't have to related to news or magazines, you can add music subscriptions or game subscriptions etc. Personally, i'm thinking...35 (35 new)
+8Senior Housing QuestionHi all! I was wondering if people could give like.. an intro to senior housing as it's one of the only products i have no experience in underwriting. For example, it'd be great if you can talk about the different types (assisted living vs. skilled nursing vs. etc...) and what they...25 (16 new)
+8R.I.P. theaccountingmajor - Finally BannedHello everyone, the accounting major has finally been banned from this website. This is a sad day for the community.10 (10 new)
+8Advantages of DebtHi, why is having a certain amount of debt being preferred to having none? I get that interest expense is tax-deductible but isn't my net income always lower when having debt as opposed to having no debt?16 (16 new)
+82018 Investment Banking Report: 8 Trends in the Industry<center><img src="" alt="" /></center> <br> Wall Street Oasis (WSO) released a detailed <a...1
+8Debt Fund Modeling / ArgusCalling all debt fund analysts/associates... I work at a mortgage <abbr title="real estate investment trust">REIT</abbr> as an analyst and we are a typical bridge lender. I am curious to see how detailed other shops underwriting/modeling is. - Besides the typical...15 (8 new)
+8PTO in REWhat is your PTO in RE? Example of my situation: Position: Analyst Field: Development PTO: 10 days If you have any other interesting set up, like unlimited non-paid time off, let us know. If there are any other interesting perks you have, that would be cool too. 34 (34 new)
+8Christmas GiftsHey All, As we approach the holiday season, I was just curious what types of gifts you guys were thinking of getting for your mother/father/girlfriend/boyfriend/grandparent etc. I personally love getting people gifts and am gearing up for some serious holiday shopping and am excited to spend...26 (26 new)
+8Investment Sales Vs. Debt/Equity BrokerageI am currently deciding whether to go into investment sales vs. being a debt/equity broker. If you could be as specific as you can, what are the differences between the two. Comp., time it takes to break out, exit opportunities, what are some companies to start for <abbr title="New York...17 (17 new)
+7Client meeting etiquette rules as an AnalystWill be attending meetings with clients soon. What are some basic etiquette rules before/during/after the meeting as an Analyst apart from taking notes?11 (11 new)
+7Struggling with Managerial Activities in Stretch RoleWas a great performer when contributing to my engagements as a Consultant however I've been recently placed into a stretch role on an engagement that involves activities traditionally done by a Manager/Senior Manager on the project. I'm struggling to perform as per my usual self in the...9 (9 new)
+7Any late bloomers or guys who missed out on a lot growing up feeling this way about life as you get older?I might be one of the very few here but my background was atypical compared to the normal American kid. Grew up poor, didn't have a halfway decent high school experience that involved spring breaks and breaking out of your shell (high school was straight World Star lol), and college...10 (10 new)
+7Would you rather be an Accounting Partner or a Law Partner?Out of curiosity, which would you rather do? Law partners earn more but they work more Accounting partners earn less but they get way more free time during the summer. Thoughts?24 (24 new)
+7What to expect from a prop trading job?I've received and accepted an offer to start as a trader at a prop shop and while I have a decent understanding of my day to day job, I'm realizing I have a lot of unanswered questions about career path. I'm hoping you all can give me some insight. I don't want to name the...21 (20 new)
+7Does Your Degree Matter?I found [this interesting Forbes article]( that outlined 6 reasons why your major doesn't matter. 1. Your degree is a prerequisite for the competitive workforce; the topic...31 (31 new)
+7Where to live in NYC for young peopleI am very likely moving to <abbr title="New York City">NYC</abbr> soon and am at a place now to where I have to seriously start apartment hunting and finding a place to stay. Depending on how it all goes, I might even have to look for a roommate. What I am looking for...27 (27 new)
+7How to seem like a human being during interviewsAs the title says, how does one fake being a fun and interesting person? All the HR people emphasise how important it is to have a life outside of your career pursuits. Asking for a friend.23 (21 new)
+7Networking is over-rated/not-need for finding corporate jobs. My experience!In my experience, networking is totally over-rated when you are looking for jobs. I got my first job out of college through <abbr title="on campus recruiting">OCR</abbr>, but the next two, including my current one, I simply got through applying online on the...42 (42 new)
+7IB Best Offices - Updated 2018Hi all, More of a fun one: Hoping to get a list going as to the best/nicest office buildings for investment banks (ideally in NYC) and why you think they're desirable (amenities, layout, artwork(?), etc.). I'm aware that a similar question has been asked before, but figured...18 (18 new)
+7Tattoos in IBD/HF/PEIs it a problem to have tattoos (not wrist/fingers) in these industries? (For instance if in the forearm you should not roll your sleeves, right?)12 (11 new)
+7RE Mezzanine DebtCan someone give me a rundown on mezz debt? 1) What term will mezz lenders do? 2) Is it always interest only or do they also amortize in some circumstances? 3) Are there ever holdbacks in the loan? Is it always fully funded upfront? What if it is for construction? 4) What total DSCR, LTV,...28 (28 new)
+7Deal team? Development team? AM team? Which should I go with?Hi all, I am an asset management associate (two years of experience) working at a lower-MM <abbr title="commercial real estate">CRE</abbr> asset manager with exposure to basically all asset classes on both the debt/equity side. Long term I want to (A) go to a great...12 (12 new)
+7Purchase Multifamily Property as first investmentHey monkeys, I’ve gotten to that stage in life where I’m looking at purchasing my first property. I’m looking into buying a 3-flat property with 2 beds and 1 bath each unit, and living in one of the units myself. What are the some of the benefits/risks to this type of investment? How...31 (31 new)
+7Automation estimates are overblown.Been browsing a lot of Reddit out of boredom recently and I've realized that almost everyone there thinks that in 20-30 years we'll have working robots serving as doctors, lawyers sometimes even mentioning financial careers like <abbr title="investment...7 (7 new)
+6Need advice on asking for promotionHad good input. Thx............... ... .......... . ................................14 (14 new)
+6Do Big 4 TAS recruit at T15 MBAs? And what's the typical post MBA (I assume senior associate) rumeneration package? 22 (22 new)
+6Giving back to those who help youHello everyone, I have been in contact with an VP at an investment bank who has been helping me. I have done a few informational interviews with him and he has helped me with a few other things. I am just looking for something that I can do to sort of "re-pay" him for the time he has...14 (14 new)
+6FP&A to Valuations -- skills needed?Recently started a corporate finance FP&A job. I'm not far in yet but even my senior analyst (1 year experience) spends most of his time updating already built models, refreshing excel reports, and building powerpoint decks for executive meetings. This is not really what I thought I...12 (2 new)
+6IB or $200M PE Fund out of UG?I'm in an interesting situation and I was hoping that some of you <abbr title="Wall Street Oasis">WSO</abbr> members could lend me a hand. In Summer 2017 I interned at a small <abbr title="private equity">PE</abbr> fund (three employees, $100M...8 (8 new)
+6Corporate Venture Capital vs Independent Venture capital firms ?what's the pros and cons of starting your career in CVC vs independent <abbr title="venture capital">VC</abbr> firms? Will having the brand name on your resume (i.e intel capital, comcast ventures and etc) help you to move to top <abbr title="venture capital...14 (14 new)
+6Top Banks for Leveraged Finance?Hey monkeys I’m looking to lateral into Leveraged Finance. What are some of the top banks for Levfin? I would imagine it is those with larger balance sheets, yet Goldman has a <abbr title="leveraged finance">Levfin</abbr> team too. Any insight is...10 (3 new)
+6Harvard MDes - real estateDoes anyone here have any experience or thoughts on the Harvard real estate program? I know it is technically a Masters of Design degree, but it appears you can take courses in the business school, law school and at MIT which is interesting. Just wondering what the placement is like out of the...21 (4 new)
+6Traveling to Japan, any tips/suggestions?Hi Everyone, I will be traveling to Japan next month for ~ 9 days (3 Tokyo, 3 Kyoto, 3 Osaka). I was wondering if any of you had any tips or suggestions on things I need to see/try. Any input would be appreciated. Thanks! 26 (26 new)
+6King of the shortlists but can't get an offerFor the past two summer recruiting cycles I have been able to interview my way to the final rounds of <abbr title="summer analyst intern">SA</abbr> <abbr title="investment banking division">IBD</abbr>, but was unable to get an offer. I thought all of...10 (10 new)
+6Oil&Gas interviewHi! What can be asked? What the most difficult technical questions you were asked? Thanks in advance!16 (13 new)
+6NYC Brokerages Starting OutMore geared to my <abbr title="New York City">NYC</abbr> folks on this page. Looking to get my start in brokerage as I just recently graduated in May. I have had trouble trying to land something at one of the big shops like NKF/CBRE/JLL/Cushman so wanted to hear opinions on...32 (32 new)
+6Joining LevFin and FSG at this point in the cycleGot an offer from a <abbr title="bulge bracket">BB</abbr> and I will have to choose my team soon. Their LevFin/<abbr title="Financial Sponsors Group">FSG</abbr> is the top one, however, would it be dumb to join one of these teams at the moment given...25 (24 new)
+6Yes or No?Hey guys, I had an interview this last week with a local <abbr title="asset management">AM</abbr> shop about an internship for next summer, and they told me to come back and meet with the CEO. Does this mean I have a pretty good chance of getting an internship? Sorry if...17 (17 new)
+6What's the word on Citadel now?How should I think about an opportunity with Citadel? Are people jumping ship? They cut a lot of headcount at Aptigon recently.14 (14 new)
+6Breaking into the buyside from a non-target - You can do itI wanted to share my experience receiving a full-time buyside research offer from a firm with 30 - 40bn AUM to both help and encourage students seeking to get into buy/sell-side equity research out of undergrad. I am the first student from my school to be hired into the firm from undergrad. I go...6 (6 new)
+6Funniest EBITDA adjustment... GoPro-forma run-rate bank NTM <abbr title="earnings before interest tax depreciation and amortization">EBITDA</abbr> - included a ramping unit adjustment and weather adjustment Any others?14 (14 new)
+6Rank the Banks!Hey everyone, I threw together some league tables for the banks. I grouped them as, Bulge Bracket, Balance Sheet Banks, Elite Boutique, and <abbr title="middle market">MM</abbr>. The data is completed deals YTD for all sectors. I then ranked each bank in the category...12 (12 new)
+6I got the title of "Investment Associate" but deep down I think i'm an Analyst at best?I have a feeling my current title may haunt me considering I'm not on a skill-level of an Associate. Should I tell my boss I want to remain an "Analyst"? I have increased responsibilities (which I can deliver) but I still suck (and don't have a clear idea) how I'm...21 (21 new)
+5Evercore and Lazard NY Placement Just wanted to make a post to see how EVR and LAZ did this year in regards to <abbr title="private equity">PE</abbr> placement. Thanks guys.16 (16 new)
+5Physical Commodity Trading: Useful Accreditations and Skill Sets?Seeking some advice once again from the physical guys on this forum. I recently accepted an entry-level role in the physical space. It's a great opportunity, and I'll have plenty of time for learning/development outside of work. So I was wondering: besides networking my ass off and...15 (15 new)
+5What's the most Prestigious thing to own?Bank, Museum, Charitable Foundation, Research Institute, Technology Company, Space Company, a Country etc 22 (22 new)
+5How bad is Deutsche Bank these daysHow bad is DB these days particularly for ASOS starting and career trajectory and pay. A lot of articles about people and teams leaving before bonus season. It sounds bad from the outside. If you have any other choices should you forgo DB at this...7 (6 new)
+5Why do investment bankers get paid so much when their work is so easy?And don't tell that they work too long. I know a manager at walmart who work as much as IBankers and makes just 80k. She has also a degree and been working 12 years in the same company. Even high schoolers with passion can do <abbr title="investment...19 (19 new)
+5Don't you think we should party and get shitfaced?I really am starting to like some of you people especially @thebrofessor" and I'd love to have a beer with yall!!! 7 (7 new)
+5Diminishing ROI for Banking?Most people here obsess over "prestige" and staying on "the path." Yet the traditional route of undergrad -> <abbr title="investment banking">IB</abbr> -> <abbr title="private equity">PE</abbr> is well trodden, and the ...2 (2 new)
+5Who is the most prestigious person alive?Who are some of the most prestigious people alive? Who are some of the most prestigious people you know? 25 (25 new)
+5Does anything pay better than finance?If we looked at jobs purely for monetary purposes, does anything beat out finance? Engineers/hard science professions usually don't earn that much starting out and their salaries don't grow that much. Engineers with 15 years of experience could only be earning 150-200k. Heck,...99 (99 new)
+5What are the most important aspects of an offering memorandum/offering memorandum?To all the analysts/associates/VP's at debt and/or equity real estate investors, what are the most salient aspects of an offering/financing memorandum and which aspects are typically ignored? To provide some context, I work as an analyst at a top capital markets shop in a major US market...8 (8 new)
+5White Cotton Button-Down OxfordTitle. Any brand recommendations that make them in numbered sizes? (16.5 35) Preferably no logo or pocket27 (13 new)
+5Sector most sensitive to politicsI have read in a few posts on this forum that sectors like O&G, A&D, and Industrials generally are among those most politically driven, or at least the most sensitive to political developments. I was wondering if anyone who works in these sectors (or sectors that you believe are also...14 (8 new)
+5How long would it take IB Associate post MBA with 250k all in comp to pay 150k of student debt?Can he pay all of it in first year if he lives in misery? 16 (16 new)
+5Too many quality games too little time Hi guys, Would not really consider myself a full-time gamer, but do enjoy playing the odd game of FIFA, cod, PUBG overwatch etc. However, I'm sure anyone as who a owns a console since September is well aware of the quality releases out as of lately (spiderman, RDR2, assassin creed...30 (30 new)
+5Real Estate Opportunity For Civil EngineersHi all, I am currently a student enrolled in the <abbr title="balance sheet">BS</abbr> Civil Engineering. I have an entrepreneur mindset and I really don't wanna grind from 9 to 5. To heat up the game, I do work for some of my projects which include websites and...6 (6 new)
+5Anyone ever go through an identity crisis I got really high from an edible a couple hours ago, and started to think about how I am the way I am. When I was growing up, I was pretty nerdy, and then I started going out and making friends once I went to high school. And what I realized is that my personality isn't really unique. I...12 (12 new)
+5New guy at boutique brokerage. What do I need to know?Long story short. I was given a shot at a boutique multifamily brokerage. Average deal size is 30MM. They are great, but are somewhat lacking in training someone new. I have a business background, but have no experience in <abbr title="commercial real estate">CRE</abbr>....17 (4 new)
+5What to buy in a US currency crisisHello, In the case that there is a debt or currency crisis in the US - what would be some solid choices for selecting assets to profit off this kind of event? Gold seems like an obvious one but is there more? I’m interested in opinions on foreign currencies and EM stocks and how...27 (25 new)
+5Had a "fit" interview with MD of ECM...Takeaways and ConcernsEdit: Thank you everyone for your response. Now I'm just writing to fill up the space and use up the minimum character limit.28 (28 new)
+5Effective communication (for non-natives)Hi, I was wondering if someone can recommend a source or way to improve ones fluency in spoken English? I consume almost all media, books, papers etc in English and have no significant difficulties doing so. But as I’m barely exposed to taking the active part, my level of fluency is...11 (11 new)
+5Why is there no 70-100% year end bonus in consulting post MBA like they have in IB?With all the high fees they receive for engagements even with smaller firms, I'd assume they'd at least a little more than <abbr title="investment banking">IB</abbr>. Is it why there's a high turnover in consulting as compared to <abbr...9 (9 new)
+5BCG GAMMA?Got dinged by BCG generalist after 1st round, but got a phone interview with GAMMA. Want to start thread since not much information is available for gamma right now... 1. interview process. what is that 30 mins phone interview with recruiter about? background? mini case? experience? 2....16 (1 new)
+5Do I need BIWS/WSP if I have the Rosenbaum book?Just was curious as I have the Rosenbaum book but wasn't sure if it would be worthwhile to purchase the BIWS or WSP course as well. 23 (23 new)
+5Wolfe Research.Thoughts on the firm / culture / reputation within equity research? I have done a forum search but everything is old. Glassdoor has mixed reviews. What sort of exit opportunities would be possible if you were in a ranked team there?18 (13 new)
+5New Case Webinars in WSO Investment Banking Interview Prep PackOver the last 12 months, we have made a big effort to improve our <span class='keyword_link'><a href="/guide/investment-banking-interview-prep-questions">investment banking interview</a></span> prep package by bringing to you relevant webinars with...5
+5What coding language to learn?For those who are adept at coding, if you were to learn one language, what language would it be? 26 (26 new)
+5Deloitte S&O BrandUndergrad considering full time offers, one of which being Deloitte S&O in a non top choice city (think Atlanta, Dallas, Houston). Is S&O truly the next best thing after MBB? What has given this firm such a high reputation? Does the Deloitte brand create that much better opportunities in...9 (9 new)
+5New York Technology Focused Buyout ShopsHey guys – I wanted to try and get a list of some reputable buyout shops (not growth equity) that participate in internet/software buyouts. I know that the majority of these are located in San Francisco/Palo Alto/Menlo Park. However, there are a few such as Siris Capital ( buyout) that...7 (7 new)
+5Fashion Businesses? where are you?Hey guys, I'm new here in the Fashion For Business Forum but all the discussions here are about fashion advices. Which is great but I'd like to talk about fashion businesses. Let's start here! Tell me about your businesses if you're in the fashion industry. 15 (9 new)
+5Using 100% equity for a project - does it ever make sense?Just wondering about this, does it ever make sense to not use any debt for a real estate project? Say for example, you're having a difficult time deploying capital because cap rates are super low, but you've found a decent investment. So you want to deploy as much of your equity as...23 (23 new)
+5Chance at HBS/GSB? Profile EvaluationHi all, Made a throwaway account for anonymity. Would like to know my chances at an <abbr title="Masters in Business Administration">MBA</abbr> from <abbr title="Harvard Business School">HBS</abbr>/GSB. URM Female 3.6 GPA, Non-Target...11 (11 new)
+4Investment Banks in 10 years - RankingHi guys! How do you think the landscape will change in the next couple of years? Will the Bulge Bracket be reduced to the US banks? Will the Europeans merge? How will the <abbr title="elite boutiques">EBs</abbr> be positioned? Which might fall from glory (as...25 (25 new)
+4Negative Net Debt in an Acquisition Hi Guys, Hi have a have a couple of questions that confuse me: 1) If I am going to acquire a company with negative net debt, should the price I need to pay be tied to the equity value or I buy the company at the Enterprise Value (i.e paying a lower price)? What I mean is, when the Equity...9 (9 new)
+4Wells Fargo Multifamily Capital Randomly came across this group while searching Agency Multifamily sector. Can someone shine some light on Wells Fargo Multifamily Capital? What's their reputation? 12 (12 new)
+4Any of you here ever bartended before?Not in high finance so the work hours are more laid back and left my old job a little over a week ago after getting an offer in <abbr title="New York City">NYC</abbr>. It seems like back in my college days, bartender was the job to get but even now when I have been out of...15 (15 new)
+4Why is investment banking still attractive to younger generation if 40% of comp is stolen by the big theif aka the government?Suppose your all in comp is 200k-40%= 120,000. That isn't so attractive anymore especially if you're living in <abbr title="New York City">NYC</abbr> or SF. You might get a refund but that's still very high36 (36 new)
+4How are Booth, Kellogg, and Columbia for Post-MBA PE?Currently in my third year at a <abbr title="middle market">MM</abbr> <abbr title="private equity">PE</abbr> firm and gearing up for round 2 applications. I accept that my GPA/GMAT make HSW a longshot, but I think I have a decent chance at the rest of...7 (7 new)
+4Bad GPA, Employment Gap how do i land a job in CREI graduated from Penn State with a degree in Finance in 2015. I did not know what sector that I wanted to go into and had plenty of entrepreneurial aspirations anyways. So I got the genius idea to work in fields totally unrelated to my major as a way to have more time to figure out what I...7 (7 new)
+4What can I do in high school to get into HYPSM?As you all know, top targets are incredibly competitive, and they reject so many people who are obviously geniuses, I'd like to study finance and go into ibanking, and then switch over to hedge funds. Problem is, I'm a sophomore in high school, no idea what to do to improve my...50 (50 new)
+42019 Investment Banking Analyst Program - JP MorganI have just finished my HireVue questions for 4 different positions and they all appeared to be the same: 1. Explain why are you going to be a good fit for the analyst position at <abbr title="JP Morgan">JP</abbr> Morgan. 2. Describe a time when you were a part of a...12 (12 new)
+4BAML LevFin and FSG Placement this CycleDrawing inspiration from the on-cycle recruiting page, how did <abbr title="Bank of America Merrill Lynch">baml</abbr> <abbr title="leveraged finance">levfin</abbr> and <abbr title="Financial Sponsors Group">fsg</abbr> in <abbr...14 (14 new)
+4B Riley FBR / Very small I-bankI am a Big 4 portfolio valuations manager (recent promote) and was just offered an associate position at B Riley FBR in there I-banking division. Whats the word on this firm or switching from big 4 to very small I-banks in general?? I am also applying to top B-schools (not admitted yet) - is it...12 (12 new)
+4Pursuing Olympics 2020 instead of IB job...How to stay relevant?Hello all, I decided to take a professional contract for track and field instead of trying to pursue a job in <abbr title="investment banking">IB</abbr>. Idea is to go for 2020 olympics then pursue an opportunity in <abbr title="investment...15 (15 new)
+4Post MBA Career AdviceHi, I am looking for some thoughts on what my next career move should be. I have a detailed background below. But I am 3 years out of <abbr title="Masters in Business Administration">MBA</abbr>. have a background in consulting and FP&A with some <abbr...12 (12 new)
+4What makes JPMorgan special?Hi Guys, I have a HireVue interview with JPMorgan coming up and I suspect they'll ask me: why JPMorgan? I have my own reasons, but my perspective is limited as I'm basically an outsider - an undergrad. To widen my perspective and get a better grasp on the firm: what do you...12 (8 new)
+4Getting Ghosted After Meeting that Went Extremely Well?Hey <abbr title="Wall Street Oasis">WSO</abbr>, so I am pretty young and met with the founder/CEO of a fund a few weeks back. The meeting went extremely well. We bonded like old friends over a lot of things and he spent much more time with me than was warranted considering...12 (12 new)
+4Upper BB PWM or Corporate Development Internship at $1-5 billion firmI'm a sophomore at a semi-target looking to use this internship as a stepping stone to recruit for investment banking next year. Which one would investment banks think of as better? <abbr title="bulge bracket">BB</abbr> <abbr title="private wealth...16 (16 new)
+4What are the similarities and differences between Corporate Development and Sell-Side in terms of experience?There are countless articles regarding the buy side vs. sell side in terms of similarities and differences. What about between corp dev and sell-side? Corp-dev meaning that you work on deals for the company itself and underwrite your own deals and sell-side where you represent clients. My...8 (8 new)
+4When is the slowest time of the year? Do you get extended time off?*How much time do you get off for the holiday season? Christmas? A couple days? A week?* *Are other times of the year less busy, and thus, can you take off a few days off? If so, what time of the year is that? Is Labor day (weekend) particularly slow?* Assuming these answers are highly...9 (9 new)
+4IB Boutiques that are still hiring for SAHi <abbr title="Wall Street Oasis">WSO</abbr>, I'm a sophomore pursuing a Summer Analyst position. I understand that I'm very late for <abbr title="summer analyst intern">SA</abbr> recruiting but I understand that many boutiques are still...11 (11 new)
+4What's your biggest regret in life?What's your biggest regret in life and if you could do it differently, would you? As I grow wiser and older, it appears to me that choosing finance and accounting was the biggest mistake of my life. This is not because I'm doing poorly but the work in itself is very repetitive and...25 (25 new)
+4In a Dark Place, Looking for AdviceHi Everyone, As title suggests, I am looking for some advice from people in the industry in helping me evaluate career paths. Obviously, I have spoken to family members about my feelings about my career but coming from a fairly modest family, it is hard getting relevant advice as no one works...15 (5 new)
+4WSO Internships & Employment OpportunitiesJoin the Wall Street Oasis Team! <h4>Open opportunities for students: </h4> <ul> <li><a href="">Blogging Internship</a></li> </ul> <h4>Open opportunities for...11
+4Networking after undergrad and what to offerI know when you're in college, the idea behind networking is just to show enthusiasm. And I don't think I've seen a definitive post on networking past that stage. So for those bankers building a book, the ambitious ones making career jumps and industry changes, for the person who...2 (2 new)
+4Direct Lending --> Distressed/Special Situations InvestingHey guys, I've been interested in distressed / special situations investing for over a year now, did an <abbr title="Restructuring">RX</abbr> banking internship this last summer and didn't get a return offer, decided to post-pone a year to recruit for summer...13 (10 new)
+4The Progression of a Fixed Income TraderHey monkeys, I recently accepted a position for after college in fixed income trading. However, I'm really interested in working on the buy side at a fixed income asset manager as an analyst; eventually working my way to a PM. Is it a good career start to accomplish this goal of becoming...27 (27 new)
+4Rosenbaum or Damodaran?I want to prepare for <abbr title="investment banking">IB</abbr> interview. Which is Books is better Rosenbaum Investment Banking or Damodaran on Valuation?7 (7 new)
+4Business Valuation Associate - DeloitteCan anyone shed some light on this position? What is the work like? Comp, exit ops, <abbr title="Masters in Business Administration">MBA</abbr> prospects, etc. Any insight or information is much appreciated!10 (10 new)
+4Does Starting Banking Early Help with PE Recruiting?Hi, everyone. I am graduating from undergrad early this December and have been asked by my bank if I would consider starting early because of deal flow. Would you recommend that I keep my travel plans or start working before the rest of my class? With on-cycle <abbr title="private...6 (6 new)
+4Piper Jaffray Career Exploration Program 2019There hasn't been a thread on this yet for this year. Anyone have any insight or details on the process or the program itself? Just had my phone interview, but not sure when we hear back. My call was also pretty short...12 (12 new)
+4Two Harvard grads start a camping business, make millionsCame across this What do people think about this business? I consider it...11 (11 new)
+4Petroleum Engineer Applying to MBA programs to IB/MBBI’m in a metro Texas city, late 20s, working for an oil company. Total salary, bonus, stock is between 160-180k, great 401k and I work 45-50 hrs a week. Survived 4 rounds of layoffs. Graduated from a top 2 engineering college, 750 gmat. I’m currently doing <abbr title="Chartered...15 (15 new)
+4How to deal with the fact that you are not the bestHey guys, after this recruitment season, I realized that there will always be people who are smarter/more qualified than me. There is always someone who works at a more prestigious Firm/Team or simply performs better. Same thing about University, when you go to Cornell (which is a great...8 (8 new)
+4LSE Alternative Investments Conference?This is the annual conference that a group of <abbr title="London School of Economics">LSE</abbr> students organise every year, primarily focusing on Private Equity and Hedge Funds. I went last year, and I therefore figured I could offer some insight into whether it is...4 (4 new)
+4Direct Lending vs LevFin at a BBWould you rather be at a direct lending fund out of school or at a LevFin team at a BB? How do exit opps for both differ? What option fares better in recruitment for other buy-side roles? 7 (7 new)
+4Isn't it a bit of an exxageration that IB guys get a lot of p*ssy?I've noticed that <abbr title="investment banking">IB</abbr> gals don't prefer to date <abbr title="investment banking">IB</abbr> guys (superiority complex/feminism maybe) so where do these <abbr title="investment...18 (18 new)
+4How are you "macro equity" guys doing? (Druckenmiller/Bessent style)Wondering if there are any of you analysts/PMs on here who do equities from a macro standpoint like Druckenmiller and Bessent. In a recent interview, SD says the algos are throwing off the signals he used to glean information from about trends. Are you guys finding it incrementally more...20 (20 new)
+4Haven't Facebook and LinkedIn made things easier for extreme level stalkers?I have this creepy dangerous type thick accented russian stalker. She says she went to American University in Cairo and MIT but I found that to be not true. Brief backstory: She and I had an internet fling/whatever you call it (6 months) and she lives in Chicago. I've talked to her and...21 (20 new)
+4Affect of the sector you cover on work/life balance for ER Associate?While I have heard that the most significant factor impacting an <abbr title="equity research">ER</abbr> associate's work/life balance is the analyst that they work under (their style, etc.), I was wondering if covering certain sectors vs. others can cause an <abbr...9 (9 new)
+4Profile evaluation for top MBA programsPlanning on applying to B-school next year, and wonder if you guys could help me with some career advice. My profile: M23, Sweden Undergrad at Stockholm School of Economics GPA: 3.7 GMAT: 740 (50Q, 41V) Work experience: Two years at a small <abbr title="private...16 (16 new)
+4BlackRock Raising a $10-$20bn direct PE investment fund, “Long Term Private Capital”Has anybody heard about this group? They’re raising a $10-$20bn fund and I’m interested to hear any news or gossip that fellow monkeys may have13 (13 new)
+46ix9ine in Prison (How does this change his chances of breaking into IB)I've always pondered becoming a rapper, albeit having no talent. With the recent news that 6ix9ine may get 25 to life in the news this week, I've been surprised to not see this hit the front page. He's the only reason Bobby Shmurda put out a verse this year. Please discuss,...13 (13 new)
+4Do you use a Windows PC or a Macbook as your personal laptop?I have a gaming desktop at home and just purchased HP Envy 13 ($800) to use on the bed/when traveling. Some people said that I should go for a Macbook Pro/Air 2018 for some change from Windows 10, but I couldn't justify an extra $500-1000 for a machine that has such a disastrous keyboard...20 (14 new)
+4First Job-Offer: Looking For AdviceWhat's up everyone? I haven't really posted on this site, but have utilized it significantly over the years as I tried to decide which career path to follow. I have wanted to go into Investment Banking since I was a Sophomore, but came from a Non-Target school which limited me greatly....6 (6 new)
+4Any Stories of Rockstar Interns?Does anyone has any stories of Rockstar interns who we can all learn tips from when it comes to being successful in our Summer Internships?3 (3 new)
+4How do you characterize investment banking around unsophisticated/trashy family?I didn't have anyone tune me into <abbr title="investment banking">IB</abbr> during undergrad and I've ended in law school. I've witnessed friends attend <abbr title="investment banking">IB</abbr> feeders and they're doing really,...7 (7 new)
+4How to be a Healthcare Analyst? I work at a generalist fund, but our team is particularly light on healthcare so I figure it'd be good for me to become as well rounded in the sector as I can. I've made some decent event-driven calls so far with devices and HC services (hospitals / ASCs / etc), but have always...11 (11 new)
+4Hours/Pay at MM Unitranche Credit Funds?What are average hours for Associates at middle market credit shops like Golub, Monroe, <abbr title="Goldman Sachs">GS</abbr> BDC? Average comp would be great too, for all levels from associate to MD. 7 (7 new)
+4Need an EXPERIENCED Futures Traders HelpSo I'm currently a Junior Trader, prop trading and making markets in energy products. Not officially trading yet, as I'm still learning the product. I have a few questions that I can't figure out. 1) Let's say I'm bought Jan19-Feb19 and Feb19-Mar19 spreads and I want...10 (10 new)
+4Lack of ModelingSecured a <abbr title="full time">FT</abbr> offer in a group that is known as the top group in the bank. Strongest deal flow and hardest group to break into. Only issue is that they don't model. Goal is <abbr title="middle market">MM</abbr>...7 (7 new)
+4Was Lehman Brothers a BB?I was 9 when Lehman went under so a question to the older <abbr title="Wall Street Oasis">WSO</abbr> members - was Lehman considered a <abbr title="bulge bracket">BB</abbr> or <abbr title="elite boutique">EB</abbr> etc? 8 (8 new)
+4Best Coverage Groups at Barclays & Group NetworkingHey all: Thanks in advance for your help. I'll be working at Barclays <abbr title="investment banking">IB</abbr> in the summer of 2019 and was wondering which coverage group are most highly regarded. Are there any specific groups you all would recommend? Also hoping...5 (5 new)
+4Thoughts on D.A. Davidson's IB?I hear they do really well in <abbr title="financial institutions group">FIG</abbr>, but lately I've been hearing that they are doing great in other coverage groups as well. Their <abbr title="investment banking">IB</abbr> presence is getting...6 (6 new)
+4Can Derivatives Cure Cancer?[This TED Talk]( by MIT Professor Andrew Lo describes how financial engineering can be used to help cure cancer. In the video he describes what sounds like an ABS with several tranches that would be open to public...12 (12 new)
+4Difference Between Strategy Desks and Trading Desks in Fixed Income I have previously been to a BB's fixed-income trading floor and was able to have a very quick glimpse into the majority of desks. One that really interested me was a strategy desk that seemed to have a smaller team than most of the other desks. Since I didn't have long to speak to...10
+4One of my clients is an heir to an Italian Noble House. How do these people still have money hundreds of years later?His account is not small it's north of $100 million the family on wikipedia started in the 1400s. I genuinely have no idea how families like this stay rich for so long and why no one ever talks about it they only focus on Bezos/Gates I bet this guys family has more money than the Waltons 14 (14 new)
+4What will happen to IB if another recession like 2008 one hits?Experts say it's coming in 5-10 years and I'm talking about the <abbr title="investment banking">IB</abbr> hopefuls. I wouldn't want to drop 120k on <abbr title="Masters in Business Administration">MBA</abbr> just to end up in irrelevant...8 (8 new)
+4Women going into IB? I recently accepted a position as an Analyst at a middle-market bank in SF and will start beginning of January. Coming in as one of the few junior females on the team, I wanted to hear from other women on this page about their experiences working in a male-dominated environment. I’m also...1 (1 new)
+4How do Ugly Stupid College Guys Get Hot Girls?So how is it that ugly, stupid, college guys get hot girls just because they drink and party? Like, I could understand if you're an attractive athlete, but I've seen some of the shortest, red-haired, most stupid people at my campus hang around with hot women just because they...30 (30 new)
+3White when asking for a profile evaluation?Hi, I notice a lot of people state their ethnicity as "White" when asking for a profile evaluation. I'm a bit confused where I would fall. Both my parents are migrants. My mother is sudanese, my dad is Irish. I have olive skin. I'm from Australia, so I really...11 (11 new)
+3Current Sophomore SA ScheduleI'm planning out my networking for next semester. I want to specifically target firms still recruiting during Spring of sophomore year for junior <abbr title="summer analyst intern">SA</abbr> internships. I know <abbr title="Goldman...15 (15 new)
+3theaccountingmajor Banned From WSOSup guys, it's @theaccountingmajor". I tried to log in to my account, and by the looks of it, I've been banned from the website lmao. I guess I'll be taking a sabbatical for a little while. It's been real. But the next time you're reading a post titled...3 (3 new)
+3What are some PERE firms that invest in real estate operating companies (REOC's) / platforms? Interested in finding some names of <abbr title="private equity real estate">PERE</abbr> / <abbr title="private equity">PE</abbr> firms with a European presence and track record for looking at platform deals / investing in companies that have a large...9 (9 new)
+3Mid-Day Interview/Meeting AttireHi All, This may seem like a foolish question, but I have gone back and forth on my thoughts a couple times. I have a meetup/interview with the partners of a group that is hiring that I am interested in joining. We have already gone through a successful phone interview. The interview is in...8 (8 new)
+3Dentist recommendations?Where do you guys go to get your teeth cleaned and etc.? Need some recommendations and also, has anyone heard of 212 Dental Care that does telemarketing? 8 (8 new)
+3Moving From Informational to Actual InterviewsHey all, Long time lurker posting for the first time. So, I am a graduating senior trying to land an IS Analyst roll for some of the top teams on the west coast. I have been doing informational interviews for months now, networked my ass off, have made a bunch of contacts across the industry,...3 (3 new)
+3Is there any old tradition you would never abandon?I always like the old way of doing things. It comes from knowing many old school artisans ever since i was a child. Recently, my old cobbler decided to retire; the man have made shoes for my family for 3 generations. I can't seem to find any other independent shoe maker where i live,...9 (9 new)
+3choice of prop firm offers?Hey all, I currently have offers from Belvedere and Volant. Offers differ considerably in comp, but volant is also in <abbr title="New York City">nyc</abbr> so there's a cost of living difference. I was wondering what each firm's reputation was, or any other info...9 (9 new)
+3Lying about networkingHi guys, I have a <abbr title="bulge bracket">BB</abbr> phone interview in London coming up next week but they rejected me for all their networking events. Now I need a good reason for 'Why this Bank'. Can I get away with lying about going to their events and...6 (6 new)
+3How long did it take you to land your offer?I have gone through a handful of rounds for private equity ranging from 1st round to final rounds and have come short every time. This has become a frustrating time for me and it is only making me lose track of the end goal as the entire recruiting process is wearing me down. I am a second...7 (7 new)
+3Should I give up on moving to IB front office?I graduated from University (UK) with a Law degree about two years ago. Since then I have worked for one of the big 4 and currently, work for a <abbr title="bulge bracket">BB</abbr> asset manager. I have been trying to move over to the <abbr title="investment...14 (14 new)
+3Lower Ranked Schools for tier 2 consulting?I'm currently struggling to get my GMAT where I want it to be. I've still got months to work on it, but part of me is concerned about getting into a top 25 program. I wanted to find out what schools might be best to look at/ what schools punch above their weight class in placements...15 (15 new)
+3CF BIG4 Poland -> BB IB London (when should I start networking?)Hello everyone. I'm a recent graduate from Warsaw School of Economics with a terrible GPA, which I believe is near to the median GPA (4.16/5.00). I've been working for one of the BIG4 firms for several months now. As you can imagine, I can't brag about grades I amassed throughout...8 (8 new)
+3I've known this girl since 6th grade and now she's cheated on me I've known her for 13 years and now she's cheated with her brother in law. I broke up with her but I can't stop thinking about her and crying like a baby. I loved this girl so much and I've loved her for so long that I'm not able to see myself without her anymore....4 (4 new)
+3Gucci Princetowns for WorkHey all, I'm a 1st year analyst at a small-desk <abbr title="asset management">AM</abbr> firm with ~3b AUM. Only about 7 of us in total. I was wondering how professional or unprofessional the Gucci Princetowns are (they are the Gucci horsebit loafer slides (i.e. no...7 (7 new)
+3Get Your Resume Reviewed by Industry ProsRecruiting season is here make sure you're ready for it with a <strong><a href="//">Finance Resume and/or Cover Letter Review</a></strong> from one of our expert resume reviewers. Need it done in a...50
+3Can I leave 6 months in?Monkeys, I need some advice. I have the opportunity to leave my current role as a credit analyst at a commercial bank to join a boutique <abbr title="asset management">AM</abbr> firm focused on debt. The only problem is that I've only been working in my current role...6 (6 new)
+3"Project success but don't be flashy"I got a bunch of meetings coming up, some in a casual setting and some in a more formal setting. I was told to "dress and accessorize appropriately" and when I asked what the fork is that supposed to mean, the response was "project success but don't be flashy". So let...8 (8 new)
+3Should you be SELFISH to your FRIENDS when applying for your FIRST JOB?!I recently got my first job in a big investment fund firm, thanks to my friend who was also competing for the job but did not end up getting it. We initially applied together at the same time, he received the next staged interview email while I did not. When we bumped into each other a...14 (14 new)
+3Starting in brokerageI am a recent college grad and looking to go into investment sales. I have been interviewing around everywhere and wanted to hear your guys thoughts on Marcus & Millichap. As in is it a good place to start after college? I heard their commissions are very unfavorable. Any teams that I should...6 (6 new)
+3Timing the NYC Housing MarketI’m looking to buy a 1 BD place in one of Brooklyn’s more tertiary markets where you can find a decent co-op for ~$350-$400k. We’ve obviously seen a correction on the high end of the housing market the last year but does that necessarily mean that a correction is going to hit the lower end...7 (7 new)
+3Acepted Private Bank Analyst Job with BB. HR not answering me, ghosting me?Hi everyone. Recently I accepted a Private Bank Analyst position with a <abbr title="bulge bracket">BB</abbr> for after I graduate (the Bank name is not necessary). On my offer letter there is a start date for July 2019. The first 6 weeks of the program are actually in a...18 (18 new)
+32nd Year Analyst Lost at SeaLongtime lurker, fresh account. I'm a 2nd year analyst in <abbr title="bulge bracket">BB</abbr> coverage (mid tier group at mid tier bank). I'm not sure what I'm doing with my life. I kind of assumed Id go into <abbr title="private...7 (7 new)
+3Can I use LSE On-Campus Recruitment Studying Abroad?Considering studying abroad for an academic year at <abbr title="London School of Economics">LSE</abbr>. Will be during my junior year recruitment cycle - will I be able to utilize the <abbr title="London School of Economics">LSE</abbr> <abbr...10 (10 new)
+3Equity CushionHi, if the Enterprise Value of a business deteriorates, is it always Equity (Value) that depletes first or does debt loose its value simultaneously?6 (6 new)
+3Scotch Gift Recommendation for Dad Hey all, Christmas is coming up and I want to get my dad a gift he will really appreciate. He basically owns everything he wants so I figured getting him alcohol was a good start. I don't know much about the space as I don't drink it that often. His go-to is either JW Double Black...29 (29 new)
+3Physical Trading to Wall Street/Prop TradingI am a non target 4 year employee at a pretty reputable physical trading company in CHI. Went to a big 10/big 12 esq. school, majored in general business & graduated with honors with a 3.7. The B School usually ranks somewhere between 50-150..... Kind of just fell into my current job,...4 (4 new)
+3Battlefield VAny BF V pc gamers here? Just started playing and would enjoy some more folks to game with. I definitely dont enjoy jt as much as bf 1, but its decent so I will likely play it some. 17 (17 new)
+3Returning Internship at CRE Brokerage vs. Acquisitions at Development FirmI know there are lots of threads on here about REIB vs IS Analyst roles and getting into REPE. I was curious as to peoples thoughts on development acquisitions versus IS analyst. A little background: I interned last summer at a large <abbr title="commercial real...9 (9 new)
+3Who is the most impressive guy at your workplace?Or who is the most impressive guy you have had the privilege of working with. What makes him or her so impressive? It could be sheer intelligence or just a crazy resume or a combination of both.6 (6 new)
+3Definition of a Feasible RE DevelopmentHey all, as an undergrad student I've been researching the industry a lot and a term I've seen constantly used is feasibility. How would you describe what a feasible real estate development is? Thanks in advance.15 (15 new)
+3Bloomberg Market ConceptsHas anyone purchased the BMC course and knows if one gets access to an interface like the one of a terminal? Or is it just watching explanatory videos - doesn't become clear from what they promote on their website.6 (6 new)
+3Development Underwriting and Waterfall ModelingHi all, I'm hoping someone can help me with a development model I'm working on for a real estate modeling class I'm taking. Just have a few questions that are really frustrating me: Hard costs are 90 <abbr title="middle market">MM</abbr>. Soft costs...6 (6 new)
+3What Adam Grant Gets Wrong About What Straight-A Students Get WrongI have now seen Adam Grant’s article titled *What Straight-A Students Get Wrong* circulated on two platforms three times over the past two days (sorry <abbr title="Wall Street Oasis">WSO</abbr> won't let me link). The article and everything it stands for is driving...1 (1 new)
+3No Internship for Sophomore Year, What to do?Hello, I am a sophomore at a well-known target school and I gave up a while back on trying to get a <abbr title="bulge bracket">BB</abbr> gig for this summer's internship. Most of the people at the firms I contacted told me that the positions for sophomores are...8 (8 new)
+3"Tell me about a recent deal" - is talking about a carve-out/spin-off appropriate?This is a super common interview question. Typically candidates talk about <abbr title="mergers and acquisitions">M&A</abbr> transactions, but I wanted to know if it is perfectly fine to talk about a recent spin-off instead of an <abbr title="mergers and...8 (8 new)
+3Following Up InternSo I recently met with the CEO of a large asset manager in his offices in <abbr title="New York City">NYC</abbr>. I am 19 and I think he ended up liking me since he spent 1.5 hrs with me and talked in depth about his firms philosophy. I think I made it clear that I want to...6 (6 new)
+3How much do looks matter in finance?I'm an undergrad in a target school aiming for corporate banking and as we all know, finance is a sales oriented business especially CB. Socially, I think I'm alright because I'm not socially awkward or anything and I'll adapt to my role but I'm wondering how much your...14 (12 new)
+3Remaining Truly Anonymous on WSOLately I've been looking for advice on certain personal topics and want to turn to <abbr title="Wall Street Oasis">WSO</abbr> to get a different perspective. I haven't turned to friends and family, well because they haven't lived through some of this stuff...8 (7 new)
+3Opinion on Gleacher Shacklock (London)? What are people’s opinions of Gleacher Shacklock? I have a grad offer there for <abbr title="mergers and acquisitions">M&A</abbr> and SSG (Special Situations). Can’t say I heard of it before last year so was wondering what the perception of the firm was like as...7 (7 new)
+3Is all the bashing that Financial Technology Partners gets on this forum deserved?First year analyst at a lower tier <abbr title="bulge bracket">BB</abbr> thinking of switching shop to get some meaningful deal experience in the tech sector. As a side note, I'm not currently in the tech group at my <abbr title="bulge...3 (3 new)
+3Kayak vs Google Flight - What is your favorite travel search engine and why ?Hi everyone, I'm really interested in knowing how finance/consulting guys like you plan their travels especially which travel search engine you use and why ? If you could also state your country of residence as I know that certain sites are more popular in certain parts of the world I...10 (10 new)
+3Deutsche Bank London Strongest Teams?I am going to be interning in the Corporate Finance Division (investment banking) at Deutsche Bank in London. I wanted to know if anyone can shed light on their strongest teams in CF? I ideally want to be placed in modelling heavy team so if you could comment on the level of modelling, that...4 (4 new)
+3Attempting to Enter Consulting – No First-Round Interviews Despite Referrals?I’d like to reach out to this forum for some advice, as I am currently in a tough position as I look to enter consulting. For a few months, I have been trying to enter the management consulting industry. I went to a target public school (top 15 undergraduate business school) and started my...9 (9 new)
+3MS in Real Estate Options in DCHi, I know there was a thread created a few years ago, but I wanted to see if anyone has done either the Georgetown MSRE or the Johns Hopkins MSRE programs? I'd be doing the part-time at either program and still working. I didn't know if one was perceived better or had a bigger...7 (7 new)
+3Bloomberg published detailed stats on real estate MBA hiringThe number of graduates working in real estate post-MBA and compensation. <a href=""> Full article</a>................................................ 18 (7 new)
+3How much of a raise after 1 year?So my boss called me in for a meeting to discuss my year end salary and bonus. I didn't initiate the meeting, he did. I've basically crushed my expectations coming out of undergrad and ending the year with two big closings this year. - How much should I expect to receive in a...6 (6 new)
+3London Investment Banking Culture/HoursHi looking for some advise: I’m pursuing full time opportunities in London and wanted to ask if people have insight into which banks <abbr title="investment banking division">IBD</abbr> have the best culture (work/life, collegiality, etc). I am from US but applying to...14 (4 new)
+3How does LBS MBA IB/MBB recruiting work?I've heard that there's no formal <abbr title="on campus recruiting">OCR</abbr> in UK as in the US and networking almost never works for large banks/firms. So how does it happen? Do they have to apply online to every position?15 (15 new)
+3Non-target needs Career Advice after failing at IB recruitingHi everyone, I'm a second year student in the UK and I was unsuccessful in my applications for <abbr title="investment banking">IB</abbr> this year. I am writing this post because there is literally no one I can ask freely about this. On-campus career advisers are...14 (14 new)
+3Offer to go to AM but I like M&AHello guys Have been working at a generalist <abbr title="mergers and acquisitions">M&A</abbr> team for just 4 months right after undergrad and I really like working here, my team is great, I am learning a lot, I like to think that I am a good intern since I...6 (6 new)
+3Taking the GMAT or sticking with the GRE?Hello, I took the GMAT a year ago and got a 329. High 160s in quant and low 160s in verbal. I'll be applying to business schools in a few years and wanted to know if it was worth taking the GMAT. I'll be targeting T25 schools mostly. Should I prepare and take the GMAT? My goal is...6 (6 new)
+3Which jobs do you expect to see gone in 50 years?Which jobs do you think will become obsolete, automated or unnecessary in society 50 years from now? Could be finance or non-finance related.24 (24 new)
+3What companies have the worst career portal application interface ever?I swear some of these companies are running in the early 2000's with their terribly formatted and cumbersome application processes. Like seriously, if your company is making a good amount of money, at least use Glassdoor or Linkedin. A notable example is Greenhill which requires my...17 (17 new)
+3Meeting with MD of ECM at Boutique, asked about what my "objectives" areI pulled a hail mary and spat out a 32 page industry and equity research report with my own research, original thinking and thesis. I ended up walking into a small boutique and spoke with the MD of <abbr title="equity capital markets">ECM</abbr> and handed him my...10 (10 new)
+3Should I worry about automation?I've seen a lot of posts about people saying automation is overblown then others that say automation will hit hard in 20 or so years (specifically in non-STEM jobs.) I'm a bit worried about which jobs in finance will disappear or be largely cut down. I'm interested in mainly...8 (8 new)
+3Adjusting for SynergiesHi, can s/o clarify why adjusting for synergies leads to a lower valuation range? E.g. <abbr title="enterprise value">EV</abbr>/LTM <abbr title="earnings before interest tax depreciation and amortization">EBITDA</abbr> would obv. be lover if one...7 (7 new)
+3What's the most coveted job in the Finance world? Where do all the top Finance and Economics students want to go to. Also what's the toughtest job to get? I've heard analyst at Citi is the toughest.13 (11 new)
+3DCF - Circular References in Calculating Implied Share PriceHello, can someone help me clarify how the problem of circular references is solved when determining the implied share price in a DCF? I do know how to adjust Excel so that the calculation can be solved, but still don't understand how the initial issue of fully diluted shares...8 (8 new)
+3'The Alchemy of Finance'Hello there, I've just acquired an another interesting book written by Mr. Soros, 'The Alchemy of Finance'. If any of you have read it (I assume some must have), what did you like about it, is it still relevant and, very importantly, what do you think about the theory of...16 (7 new)
+3Trick (?) Technical Question Assuming a new accounting rule allows capitalisation of R&D, and your firm is investing heavily in R&D, what would be the effect on firm value? Came across this in an old forum post (about 10 years back) and wasn't answered particularly definitively. I think the net cash position...16 (9 new)
+3Should I give up on trying to move from tier two consulting to blue chip PE and instead shoot for banking?I'm a year and a half into the job and have been working so hard to break into <abbr title="private equity">PE</abbr> from consulting, but it's not working. I'm wondering if it makes sense to just call the two years a wash, reach out to fellow alumni of my...9 (9 new)
+3Do MBA adcoms know/care about investment bank prestige?Do the <abbr title="Top 7 MBA business schools">M7</abbr> <abbr title="Masters in Business Administration">MBA</abbr> adcoms know and care about investment banking prestige. They obviously know about the <abbr title="bulge...4 (4 new)
+3M&A SA to Restructuring FT?I will be a summer analyst in the <abbr title="mergers and acquisitions">M&A</abbr> group at <abbr title="Wells Fargo">WF</abbr>/Jefferies/UBS level firm in <abbr title="New York City">NYC</abbr> this upcoming summer....1 (1 new)
+3Full Time Resume TipsI was wanting to know if the format for full-time resumes were formatted differently than undergrad resumes and how so. I would imagine there would be more detail regarding deal experience. Please point me in the right direction.4 (4 new)
+3Preparation for 2 hour LBO modelling testHi all Invited to an AC for a boutique advisory focusing on aerospace and defense (in London). Told that i will be doing a 'simple' 2 hour modelling test on Excel that is likely to be either an <abbr title="leveraged buyout">LBO</abbr> or Merger Analysis test....6 (6 new)
+3Full-Time Dilemma - 2 OffersThis is currently my senior year, and luckily I have been able to find employment already. During August this year, I was deep in the process for a <abbr title="middle market">MM</abbr> in a satellite city (think Atlanta/Washington/Boston/Chicago). At the time, it...20 (20 new)
+3Standing desks?Hey all - do any of you use standing desks in the office? If so, how did you get one? I have one set up at home and I'd really like to ask HR to get one. Not sure if it's something they would be open to or if it's okay, as no one currently besides one MD on the floor has a...18 (18 new)
+3VC/Tech PE Opps: Non Technical PM at GOOG/FB Hi guys, Just landed a gig at a tech company as a product manager (will finish undergrad april 2019) With recruiting schedules crazily pushed up, I was wondering if recruiting for <abbr title="venture capital">VC</abbr> or Tech <abbr title="private...7 (7 new)
+3How to get work-life balance in a work-life balance companyI wanted to get work-life balance so I left a high-pay job and went to a lower-pay one. My whole company seems to have work-life balance. My boss supports me to have work-life balance. My job doesn't require long hours. But the person who is my direct supervisor on most of my projects...12 (12 new)
+3How does this corporate/politics type thing work?I am in one group - (team a) and I am directly backing this one director (director a). So I am helping him out and completing shit that he wants me to work on (since after all, my direct boss) - fine. Then there is this other director (director b) from a different group (team b), who keeps...9 (9 new)
+3Barclays vs Citi vs RBC S&TWant to know the pros and cons of <abbr title="Sales and Trading">S&T</abbr> at any of those places assuming I don't know specifically where I want to go into (FICC, Equities, etc)12 (12 new)
+3What are the best non-Bumble/Tinder dating apps? 9 (9 new)
+3WSO Hedge Fund Resume Template for Professionals with Deal Experience is Released!<strong><abbr title="hedge fund">HF</abbr> Resume Announcement: <abbr title="Wall Street Oasis">WSO</abbr> has released a hedge fund resume template for Experienced Professionals with Deal Experience!</strong>: <em><b><a...9
+3Christmas-list Book SuggestionsI'm looking to fill up my christmas list with some good books, and I'm looking for suggestions and opinions about books on the following topics: 1) Distressed securities investing (heard a lot about Moyer, any other good ones?) 2) Corporate bankruptcy/restructuring 3)...8 (8 new)
+32019 Goldman Sachs Exploratory Program HireVueHey guys, I just got the HireVue invite yesterday for the exploratory program. Has anyone finished it? How is the question? 10 (10 new)
+3Small PE FoF / Co-Invest vs. Large PE FoFHi all, Would appreciate people’s thoughts on these two great opportunities that have offered me positions as Analyst / Sr Analyst 1) ~5Bn AUM <abbr title="private equity">PE</abbr> <abbr title="fund of funds">FoF</abbr> strategy, with 40-50%...5 (5 new)
+3Standard 60-40 portfolio outperformed every single Ivy League Endowment fund in the past decade ''The performance of Ivy League endowments has trailed a passive portfolio of 60 percent U.S. stocks and 40 percent bonds over the past ten years...8 (8 new)
+3Wealth Management Recruiting Season?I’ve been lurking on this forum for awhile and noticed that there’s been a lack of major superdays for wealth management discussed, while most other positions like audit or financial analyst are already done thier recruiting seasons. I’ve applied for wealth management basically at every...9 (9 new)
+3Career Choice - FP&A Hi, I would like to give me your opinion about career choice I have to make the next two days. I hava bachelor in Accounting and Finance and master in Finance. My goal is to work in FP&A department of a firm. I have two offers. One is from PwC for auditing department and the other an...13 (13 new)
+3Bocconi (IEF) vs University of Manchester (with an exchange year at an American university)I am 17 and I have been accepted by the University of Manchester, in the course called "International Management with American Business Studies", and accepted in Bocconi's IEF degree. I am interested in a career in Business (I love management and creating my own firm) but more...8 (8 new)
+3Where should I invest my bonus?Old topic, looking to refresh conversation given current state of market (Dec 2018). DISCLAIMER: NO ONE'S INPUT WILL BE CONSIDERED LEGAL ADVISE. Haha. Just want ideas. About to get paid for first full year of work. Expecting $50k (~30k post tax). Just wanted to ask around to see what...6 (6 new)
+3Free money and Debt BingeI was reading an article on credit card and student loan debt in US so decided to dig into the financials of some of the biggest lenders. I came across the attached. <img src="/files/styles/w800/public/inline/images/pages_from_third-quarter-2018-earnings.jpg?itok=NYqxj0J8"...1 (1 new)
+3Argus spec suite UW approachWhen underwriting a new acquisition (or updating projections for an existing deal) that has a decent amount of vacancy, how do you guys go about thoughtfully setting dates for the lease-up of vacant suites? Brokers always tend to be pretty aggressive, but other than arbitrarily pushing their...6 (6 new)
+3Anyone know anything about Marcus & Millichap Venture Associate Program?It's a rotational program for recent MBA's in acquisitions, asset management, developments. Has anyone heard anything about it or know someone whose been through it? Thanks.6 (6 new)
+3Offer at a SupermajorHello everyone. I need advice from people in Commodity Trading. I have been offered a role of Marine Coordinator/Operator at a Super Major. I have also interned in Risk for another Super Major. I want to work as a trader in commodities in the future and know that operations knowledge is very...13 (12 new)
+3Is my current trajectory looking M7/T10 worthy?I wanted to get an idea if my career trajectory is looking <abbr title="Top 7 MBA business schools">M7</abbr>/T15 worthy. Background **Age:** 24M (Will be ~30 for matriculation) Race: Black & Asian (Mainly identify as black, am I still considered a...6 (6 new)
+3Antares Capital - Lifestyle, comp, exit, etcHey y’all, Just accepted a <abbr title="summer analyst intern">SA</abbr> 2019 position with Antares Capital Chicago (credit analyst/Front Office type). I have prior internship experience in private debt at a smaller fund (Monroe Capital, NXT Capital, Madison Capital,...6 (6 new)
+2Traveling while Living in LondonHow often do you monkeys that live in London travel on the weekends? I am working at an <abbr title="hedge fund">HF</abbr> in <abbr title="New York City">NYC</abbr> right now and my hypothesis is that I'd love living and working in London more...2 (2 new)
+2Development / Family Office CompThere has been so much info on REPE's I wanted to ask <abbr title="Wall Street Oasis">WSO</abbr> users on their experience working for family offices, who are essentially the GP in mostly ground up developments, with some value add and covered-land deals. We have a...2 (2 new)
+2Valuation - Reasoning Can someone shed some light, or maybe refer to a good book, on the more qualitative aspects of valuation. Conducting valuation analyses in let’s say an imminent company transaction makes perfect sense to me. Sure, you want to look at comparable companies, recent transactions of similar...2 (2 new)
+2Charles Tyrwhitt Suit vs SuitSupply SuitWhich one do you guys prefer? Obviously SuitSupply suits are "higher-end" and offer great quality but I was wondering if Charles Tyrwhitt Suits are any good given that they are pretty affordable. I only own SuitSupply suits and Charles Tyrwhitt for shirts only.7 (7 new)
+2Underage Drinking with SA Team? I'm going to the States for an internship this summer. I'm legal where I am (Canada), but wouldnt be in the States. Would you reccomend drinking at work functions/going out with the team for drinks after work? I'm 19, female and I'm nervous about fitting into the culture....5 (5 new)
+2Am I too slow or should I stop digging?Hey, I am an undergraduate currently preparing for potential <abbr title="mergers and acquisitions">M&A</abbr> interviews. My interest in this field is relatively fresh so there's a lot I don't know. This somewhat gives me a headache (literally) as I'm...3 (3 new)
+2At a Top Boutique, Moving from UK to US - Which City Should I Choose?Hey guys, So I am a first-year analyst at a top boutique (think EVR/LAZ/PJT etc.), who just started working there recently. Since my undergraduate days (LSE), I've always wanted to move to the US so I always made sure to bring this topic up when I was interviewing with banks and...3 (3 new)
+2WSO needs your help! We're looking for someone to do a site test Hey all, we're looking for someone to help us do user testing for one hour between Mon 12/17 - Fri 12/21, 2-7pm et. <em>Site testers will receive one month free access to our video library ($97 value) which has all 275+ of our webinars and their...22 (2 new)
+2Should I move to Boston for this job?I'm looking for some help thinking through a career move. I'm a quant strategist at a hedge fund in <abbr title="New York City">NYC</abbr> and I have an offer to move to a similar but somewhat more senior role at a top tier asset manager in Boston. I have 8...4 (4 new)
+2Target Capital Structure in a DCFWhy is it that for estimating cost of debt in a <abbr title="discounted cash flow">DCF</abbr> the estimate is based on an assumed target capital sructure rather than the actual one (assuming that the target is currently not at its target capital structure)? Is that a...3 (3 new)
+2any insights on M&A at constellation software Canada?anybody has any insights on <abbr title="mergers and acquisitions">M&A</abbr> at Constellation Software in Canada? exit opps, <abbr title="comparable analysis">comps</abbr>, culture and etc. Thanks!3 (3 new)
+2Lateral to BB/EB after SA at lower-tier bankHi all, I've received an offer to summer with a lower-tier bank (think <abbr title="Royal Bank of Canada">RBC</abbr>/HSBC/TD/SocGen). For a bit of context: I went through recruiting and secured 5-6 superdays at "better" firms (BB/EB) but I wasn't able...11 (11 new)
+2I am creating a financial modeling course for private equityI am finishing up a course on how to build a 3-statement "operating" financial model for private equity. It is a *monthly* model that includes: * A pro forma balance sheet that layers in the new capital structure * Forecasting the income statement, including building an...6 (6 new)
+2IB Groups explanations Hey everyone, There's a few groups that I can't seem to comprehend even after a few Google searches. Could someone explain the primary purpose of these 3: Fig, financial sponsors, and LevFin?1 (1 new)
+2Got an offer contingent on reference checks - worried about reference checksRecently got an internship at a mid size firm, but exaggerated some bullet points on my resume and only have ok relationships with most of my previous bosses. What worries me most is that I also used a work sample I worked on in part at my previous internship and sent that to the firm now...7 (7 new)
+2PE Firms with FT Analyst ProgramsHey guys, I've done 2 summers in <abbr title="investment banking">IB</abbr> at a <abbr title="bulge bracket">BB</abbr> and am interested in doing <abbr title="private equity">PE</abbr> <abbr title="full...4 (4 new)
+2First Job Career QuestionHi all, I just received an offer for an acquisitions analyst position at a small(ish) value-add investment firm in a secondary market. They target deal size of $2MM-$20MM and do roughly $50MM in volume a year. The starting salary is pretty low, and there isn't a bonus, but we can put...3 (3 new)
+2Cold-cI have a call with a VP of a small investment bank on Monday. I am just a freshman(soph by credit). I basically cold messaged him on linkedin. What should my main topics be? Should I ask him for an internship opportunity? How to go about that? This is my first time and i'm stressed af pls...5 (5 new)
+2WACC - negative equityHow do I calculate <abbr title="weighted average cost of capital">WACC</abbr> for a company with negative equity value? It’s a private company, so when proportion of equity * cost of equity will be negative right? Can someone please clarify?8 (8 new)
+2Favorite Distressed LMM PlaysCan I get some case studies/examples of everyone's favorite distressed lower middle market plays? Bonus points for anything in consumer. 1 (1 new)
+2Moving to FO client execution from COO -Too Old to move? Advice needed.Hi All, Would welcome some advice, I'm 30. Got and <abbr title="Masters in Business Administration">MBA</abbr> from an ok school (MBA finished as Brexit hit so had to take a non ideal job), got <abbr title="Chartered Financial...1 (1 new)
+2Profile Review: 25F / 750 GMAT / 3.8 GPA / Chemical EngineerI'm posting on behalf of my spouse. She would plan on matriculating in fall 2020. Age and work years are current, not at matriculation. Here's her profile: **Work experience:** Engineer for ~3 years at a top 5 chemical company (1 promotion). Currently employed ~0.5 year as engineer...3 (3 new)
+2Tricky accounting questionAssume you sell a tangible asset for $100mm, and will receive $50mm in cash first, and the rest later. If the asset had a book value of $50mm and a historical cost of $150mm, how will this transaction affect the 3 statements? I understand when the paid is made at once, but how should I deal...3 (3 new)
+2Would You Take This Position?Monkeys, I am a senior in college and this company has asked me to replace their current treasurer/CFO. This position has a few job titles (treasurer, CFO, head of finance, controller), which are cool, but not too important to me. Basically I would be in charge of accounting/finance. Private...3 (3 new)
+2What internship should sophomores in Asset management be looking for? Should sophomores in asset management look for an internship in a hedge fund? Should sophomores just try to get an internship through family or friends to set them up for their junior year? Anyone have advice?1 (1 new)
+2Investment Research/Analyst Jobs where most of work is independent/minimal human interactionHello all, Recent graduate here looking to get your thoughts on an investment job involving mostly (or all) independent work (e.g. conducting research, updating models on Excel, writing research reports). I understand that many finance positions involve heavy interaction with others but...7 (7 new)
+2Dubai LandscapeHi, I am interested in doing <abbr title="investment banking division">IBD</abbr> and particularly <abbr title="mergers and acquisitions">M&A</abbr> but I could not find a good opportunity in the US. I am going to a target but struggling to get...4 (4 new)
+2London: LEK vs. Strategy& vs. AccentureHi all, I'm a UK undergraduate who's been fortunate enough to receive offers for Associate positions at LEK, Strategy& Corporate and Accenture (all London office). I'd love to hear from anyone who has a perspective on the relative merits of starting out at each of these...5 (5 new)
+2Job Offer Timing Not Working Out - Re-Accept Declined Position?In a bit of a predicament and wanted to get some advice from the community as I've found everyone's input here beneficial in the past (using a throwaway account for anonymity). Long story short I applied for a dream job months ago, made it through the process and finally received an...4 (4 new)
+2Wayfair's Hiring SpreeCan anyone shed light on the recent hiring spree going on at Wayfair? From what I hear they're poaching left and right from <abbr title="McKinsey, Bain and BCG">MBB</abbr> and Big 4 consulting. But what I can't figure out is why are <abbr title="McKinsey,...3 (3 new)
+2Discord group to discuss markets live?Hello, This may already exist, but has <abbr title="Wall Street Oasis">WSO</abbr> created a Discord channel or some other equivalent for the members to discuss the markets live? One of the best thing about Bloomberg is the chatrooms to keep you involved with market...1 (1 new)
+2Attach a resume to my cold email to help better "sell" myself?Currently looking for an off cycle winternship or a spring internship and was wondering if attaching a resume would better help "sell" myself. I have solid RE internship (4bln+ company) and a boutique <abbr title="investment banking">IB</abbr> internship (had...6 (6 new)
+2Moving from CEE HF to LondonHi guys. First, a little bit about my background: I'm a year two analyst at a long/short equity hedge fund (~$200-300m AUM) based in CEE (think Czech Rep./Poland/Hungary). We invest globally, though mostly in the US and regional (CEE) stocks. I got my position straight from the...3 (3 new)
+2Best way to apply to mid-market UK firmsHi everyone, I've been a <abbr title="Wall Street Oasis">WSO</abbr> member for a while but this is my first post. I'm currently looking to apply to <abbr title="middle market">MM</abbr>/<abbr title="elite...3 (3 new)
+2Compensation in ERI haven't seen a lot of concrete info on compensation in <abbr title="equity research">ER</abbr>. Does anyone have reasonable expectations for comp at the junior analyst/associate and VP levels? of course senior analyst will vary but I'm curious about junior...7 (7 new)
+2I'm Thankful for ThanksgivingEvery Thanksgiving, like most Americans I take a moment to ponder what I should be thankful for . I’m an executive at a high end retail chain that does much of it’s business on Black Friday. My employees do a tremendous amount of work to accomplish this and it helps me make my living and...1 (1 new)
+2Tiny PE firm or established PE fund of funds?Quick synopsis: I don't like my current job so I'm interviewing at a small <abbr title="private equity">PE</abbr> firm and a large <abbr title="private equity">PE</abbr> fund of funds. Is it better to work at a small <abbr...3 (3 new)
+2Which is more important: IRR vs. MOICHey everyone, university student here. I recently spoke about investment strategy with an alum at a fairly well-known <abbr title="private equity">PE</abbr> firm. When discussing returns analysis, he said that in most cases his firm cares about MOIC more so than <abbr...10 (10 new)
+2Goldman Sachs SEC StratsGot offered a position in this group. Was wondering what it may be (what SEC might stand for) and what the job entails. Thank you!7 (7 new)
+2UBS Real Estate & Private Markets - Summer Analystjust applied for this internship, anyone know anything about it or have experience in applying for this position1 (1 new)
+2Help me choose the right university for Investment Banking I am an international student from Pakistan who aspires to study combination of Mathematics and economics at undergraduate level. I have offers from Edinburgh, Bristol and Manchester university for Bsc Mathematics. I have been refused by <abbr title="London School of...9 (8 new)
+2MD compensationHave anyone seen a good compensation report that includes MD salary/bonus in NYC? Lots of datapoints for ANL/ASO. Curious to see how things look if you stay for the long-term.6 (6 new)
+2Private Capital AdvisoryHi all, There's not a huge amount on this forum on the private capital advisory groups, so would really appreciate some advice. Private Capital Advisory seems an interesting role in a <abbr title="elite boutique">EB</abbr>. What are the exit opportunities and pay...1 (1 new)
+2Small-Cap PE Analyst vs MM IBHi, what do you guys think about an analyst position at a smallcap <abbr title="private equity">PE</abbr> firm (<$1bn) it has a decent track record and people with a <abbr title="middle market">MM</abbr> <abbr title="investment...1 (1 new)
+2Career Advice Banking vs ConsultingHello everyone currently I am in a dilemma I figure only strangers on the internet can help me with. So a little background on my CV, I come a non-target background with a 3.2 GPA in finance. I have been able to complete four internships in my time in undergrad which has helped me get this...8 (8 new)
+2Unpacking Corporate Banking at Citi/BAML?/Does anyone have any insight as to Corporate Banking at Citi? I understand the roles completely differ depending on the bank and where it is housed, but these two are both located under the <abbr title="investment banking">IB</abbr> arm.11 (11 new)
+2Blackrock Financial Market Advisory (FMA)Recently received a <abbr title="full time">FT</abbr> offer for this group and wanted to get some more up-to-date insight on where this group stands. I've read almost everything about this group that's been on <abbr title="Wall Street...2 (2 new)
+2Is this corporate or investment banking?Hey guys, Sorry if this is a dumb question, I just want to be 100% positive. Please see the description below: 2019 Analyst Program – Real Estate & Specialized Finance: Corporate & Investment Banking X values junior talent and aims to give the best foundation for a successful...5 (5 new)
+2Is a phone call enough to break a contract?Hey guys, Was wondering if a phone call to HR and former manager is enough to renege on an offer, or is it necessary to send a certified mail to the company so as there is a written trace somewhere. I just want to make sure everything is done properly so it doesn't backfire in the...1 (1 new)
+2Best way to leave Google to start long journey to join the buy side.Hi all, I am a software engineer in Google, who is interested in buy side finance. That being said, I recently got an strat offer from <abbr title="Goldman Sachs">GS</abbr> in <abbr title="Hong Kong">HK</abbr>. After visiting the office and talk...2 (2 new)
+2Anyone know anything about Northmarq Capital?Hey all can anyone shed any light on Northmarq Capital (Analyst)? I believe they’re a debt and equity shop. From reading around it seems like the culture/pay their is great. Can anyone else speak upon? As well as exit ops?7 (7 new)
+2Peaky Blinders HaircutSo I'm thinking of trying out a new haircut, but I'm not sure if its unprofessional or not. Don't want it to effect any internship prospects. Was thinking about getting the same haircut as Tommy in the Netflix show Peaky Blinders. What do you guys think?9 (9 new)
+2What to do with idealistic people?I've been assigned by my boss to welcome some new blood and show them the ropes. It appears that over 70 percent of them have an idealistic view of the world (both socially and politically). They are talented so I want to train them properly and have them be ready for actual work. But I...11 (11 new)
+2Refinance Auto Loan?I bought a car the other day and financed through them, but really it's through PNC or some shit. My rate is like 6.25, I think. What are the rates like right now for private auto loans? I called Pentagon Federal Credit Union, Wintrust, Capital One, Chase, Barclays, and AAA before going in...8 (8 new)
+2Equity Research - HomebuildersI'm currently in S+T and interested in <abbr title="equity research">ER</abbr>, specifically in Homebuilders/Real estate Equity Research. I've done modeling courses but I'm curious as to how to model for Homebuilders. Is there anything specifically that I...2 (2 new)
+2Acquisition/Debt Fund - ModellingHello everyone, I will be an inten at a major debt fund in Europe in January. I have some free time at school and I am trying to improve my modelling skills! Does someone have some modelling example for debt funds are more broadly for acquisitions (I already have the one from M&I and...4 (4 new)
+2Credit PE vs. traditional PEI'm currently working at a traditional <abbr title="private equity">PE</abbr> firm, and was reached out by headhunters on a few opportunities regarding the private investing arm of credit/special situations firm focused on distressed long-only <abbr...2 (2 new)
+2taking a gap year before starting IB full time? burned out?I have an <abbr title="investment banking division">IBD</abbr> <abbr title="summer analyst intern">SA</abbr> offer from a top <abbr title="bulge bracket">BB</abbr> this summer as a junior at a target; I'm incredibly grateful...4 (4 new)
+2Investment Banking from NYC to CharlotteHi Guys, I'm currently working in Investment Grade Finance for a big bank in <abbr title="New York City">NYC</abbr> (second year associate). I'm trying to make a move to Charlotte / North Carolina (can't stand <abbr title="New York...6 (6 new)
+2Leaving a bank immediately for a better offer? Need adviceHi all-- I recently graduated from a non-target and have just resigned from my first job which was pretty much a placeholder at a <abbr title="private wealth management">PWM</abbr> shop for 6 months. Through networking and passing <abbr title="Chartered Financial...2 (2 new)
+2Fundless Sponsor Launch<abbr title="Wall Street Oasis">WSO</abbr> Members, I am launching an Independent Sponsor (Fundless-Sponsor) firm to focus on Lower-mid market deals in the US and Canada, and I was interested in receiving feedback from the community regarding interest in partnering with...1 (1 new)
+2what % of my PnL should I get?if i make for sake of argument $10mm for a fund that has a 2/20 fee structure how much of that should I get paid if i am a junior analyst that works under a senior analyst (e.g., there are 3 tiers in hierarchy)? suppose this a single manager fund. how do the following factors affect the...6 (6 new)
+2Venture capital vs corporate development exit opportunitiesI'm a junior investment banker who's currently trying to decide between an exit opportunity in the corporate development & strategy team at a F500 financial services firm (modelling, strategic projects, M&A) or an analyst role in a small <abbr title="venture...2 (2 new)
+2which of these two paths are better...government bank examiner or aerospace?I currently work at an aerospace manufacturing company(not the big name ones) doing a very particular role. I know the word aerospace sounds prestigious and can help on a resume. My current role is a lot of data entry, a little analysis, and a little bit focused on costing and estimating....3 (3 new)
+2What was real estate like in 80s and 90s?I know the audience of this site tends to be younger, but if you're an older folk or have any stories that would be super interesting. I was talking to this semi-retired guy who used to do land development, and he was saying how everything used to be analyzed through back of the napkin...4 (4 new)
+2Acquiring a company that has a large amount of debt, solutions?There's a company that is looking to be acquired. The company is in a very niche market, has a decent amount of market share, high sales but operational inefficiencies, large amount of debt and high interest payments. If the company is acquired, what could be some possible solutions to the...4 (4 new)
+2Operations - Good & BadMy first of several planned posts regarding Operations roles at an investment bank [So you want to work at an investment bank]( seems to have become fairly controversial, but I think it’s important that you...1 (1 new)
+2CS(major/minor) and/or ECON(major/minor) and/or SOCIOLOGY(major) and/or BUSINESS MINOR at Cornell?It may seem a little bit all over the place, but I'm generally interested in these areas at the same time wanting to optimize my chance of breaking into <abbr title="investment banking">IB</abbr>. I am currently a freshman in A&S at Cornell. I feel like the...5 (5 new)
+2100-Day Planning ExamplesHi fellow monkeys, I was tasked to lead the effort of drafting a 100-day plan for a new investment. Appreciate it if you can share examples/templates/recommended structures? My internet search didn't return much... Thank you in advance!4 (4 new)
+2Young Individual... Don't know what to do in life? I graduated from undergrad with a finance and economics degree in 2016. I have two years of experience as a financial analyst for a small real estate company, and 2 years of experience at a FCM as a Credit Analyst II. At this time I don't know what I want to do in life or where I want to go...3 (3 new)
+2Can you start your own ER firm?How would you sell that research though? 4 (4 new)
+2Internal move or different companyMonkeys – Currently working in corporate development. Company is pausing on <abbr title="mergers and acquisitions">M&A</abbr> to absorb previous deals so they want me to rotate to a new group. They offered a lateral position – no promotion in title or base salary....8 (8 new)
+2FT Macquarie vs Off-cycle BB (GS/JPM/MS)I have two offers, <abbr title="asset management">AM</abbr>, not really sure if I should go for the safe <abbr title="full time">FT</abbr> or risk it for a <abbr title="bulge bracket">BB</abbr>. Any advice? What's best in...1 (1 new)
+2Oxford MFE Offer: Should I accept it? Greetings, I received an offer from Oxford MFE program. As it's quite early in the application process, I did not get the chance to apply to MIT MFin (another of my choice). I have many questions to answer before I make my decision. Here are some of those: Should I accept the Oxford...16 (16 new)
+2Should I buy a blazer as an intern? Hi everyone, I want to know if I should buy a blazer for my internship at the FRBNY starting February. Based on what a recruiter told me, the program will be business casual with some business formal situations. I'm aware that business casual generally consists of slacks and a dress...6 (6 new)
+2Deferred admission to B-school because you are busy doing dealsHey guys. I guess this is probably a weird topic, but after all the efforts, I finally got into <abbr title="investment banking">IB</abbr>. Now just before I got in, I also applied to Msc Finance to some B-schools in Canada ( didn't know I would get in <abbr...2 (2 new)
+2Want to know more about IB.... Is getting a text book worth it?I am a freshman at a target school who wants to learn more about investment banking. I am not in the business school at my university, although I am trying to transfer into it at the moment. I have a very basic understanding of what Investment Banking is. To put it in perspective, I could...7 (7 new)
+2Graduating 1 year early. Can I start early at my EB? Hello everyone, So, I'm doing an internship this coming summer at an <abbr title="elite boutique">EB</abbr>. I recently found out that if I use the internship for credit, drop my double major (Economics & a liberal arts subject of interest, but no practical...10 (10 new)
+2Do you have a housekeeper?As an analyst in <abbr title="investment banking division">IBD</abbr>, you probably know that spare time is rare. How do you manage your household? Do you have a housekeeper? I feel like having an appartement in a prime location @ 2K a month (while single) + utilities...8 (8 new)
+2Biotech Investing Pipeline ValuationI am new to biotech investing. How does one normally value the pipeline of drugs for a company? The company's investor presentation gives you the drug candidates in the pipeline, but how do you know which of their candidates are more valuable? How do you begin to figure this out?2 (2 new)
+2Profile Review for M7/T10GMAT: 750, IR7, W5.5 GPA: 3.45 Undergrad School: US News Top 30 Major: Engineering W/E: Four years in R&D for a much touted emerging tech (think IoT, 3D printing, AI etc.) Employer: Non-household name US F500 company ECA: Ongoing Leadership positions in a public school related...8 (7 new)
+2HFF Internship AdviceInterested in an internship after I graduate and while I complete the <abbr title="commercial real estate">CRE</abbr> cert for Cornell. Wondering where to start in terms of understanding what HFF does without a finance background (tech major). I understand what they do on a...5 (5 new)
+2Post MBA Career in Real EstateFirst of all, I did read a lot. So I won't ask whether starting in REPE is possible. My background: <abbr title="Masters in Business Administration">MBA</abbr> in a good school (top 20). Was an accounting professional in RE area before for 5 years. I feel getting...1 (1 new)
+2Corporate Strategy/Development in Europe/UKMight seem premature, but the idea of a Corporate Development/Strategy job really interests me. I'll be joining a <abbr title="bulge bracket">BB</abbr> as an <abbr title="investment banking division">IBD</abbr> <abbr title="full...1 (1 new)
+2Related AffordableRelated's affordable housing developer group. Does anyone have experience working for them or with them on deals? What was your experience like? How's the group's overall reputation? 1 (1 new)
+2GMAT Advice - Please helpI have ~3 months to take the exams for early admissions programs such as <abbr title="Harvard Business School">HBS</abbr> 2+2. Didn't do too well on the SATs but walked in with 0 practice. I'm willing to work as hard as I need to for the next few months. For...1 (1 new)
+2Meet Andrew Yang, a 2020 US presidential hopeful running against the robots"Andrew Yang doesn’t mince his words: He doesn’t think the robots are coming; he knows they are already here. And he wants to take his concerns about this all the way to the White House. “I’m Andrew Yang, and I’m running for President as a Democrat in 2020 because I fear for...6 (5 new)
+2Exit Opps for Commodity Trading? (Oil/Gas/Power)I was just wondering where people who start in commodities trading normally end up. Do they just climb the ladder and stop at the top of the trade floor or are there other financial positions available to them? 5 (4 new)
+2Rosenbaums LBO AnalysisHas anyone read Rosenbaum and Pearl and can recommend on how to study the <abbr title="leveraged buyout">LBO</abbr> Analysis chaper (Ch. 5)? Would it be an advisable approach to try to be able to build a complete model from scratch or is it more like one should understand...4 (4 new)
+2Would you rather be the CEO of BB or a billionaire hedge fund manager?Which would you prefer (taking into account remuneration, prestige, influence etc): - Global CEO of <abbr title="bulge bracket">BB</abbr> - Hedge fund manager with net worth of $500m - $1b - Tech company founder with net worth of $500m - $1b7 (7 new)
+2Winter Internships for Undergrad?I know that certain firms in banking (PJT) and <abbr title="private equity">PE</abbr> (Bain Capital) have had winter internships in the past. These are the few week stints between semesters. I'm curious if anyone has heard of any similar programs running this year,...1 (1 new)
+2How to become a great writer?Hello <abbr title="Wall Street Oasis">wso</abbr> community, I've thoroughly enjoyed this forum not only due to the level of intellect of its members (on the aggregate), but also due to some members' truly excellent writing. Some of the comments/pieces I've...1 (1 new)
+2Lost in my career (Advice needed)I don't want to make a super long post but hoping to glean some advice from the forum given folks here are quite knowledgeable and helpful. Long story short, I was a typical monkey who thought he had his life together. I went to an upper ivy (HYPS) and then <abbr...2 (2 new)
+2What is your salary expectation? Interview question ER at BBHave been interviewing for an equity research role at a <abbr title="bulge bracket">BB</abbr> and wondering what's the salary I should expect/ask for? I see on glassdoor for an <abbr title="equity research">ER</abbr> analyst it's about 92k....6 (6 new)
+2Silicon Valley Bank Superday - Associate Development ProgramReaching out to anyone with knowledge about Silicon Valley Bank. I have a superday for the ADP program next week and was wondering if anyone has any helpful tips on what they look for (culture, experience, career goals). I go to non-target state school so I am very hopeful to land an offer! ...5 (5 new)
+2‘Thousand points of light’RIP George Herbert Walker Bush Still not sure what to make of this administration. Is someone just trolling Trump? In July, Trump had this to say about the former president: [quote=“Donald Trump”]Thousand points of light, I never quite got that one. What the hell is that? Has anyone...10 (10 new)
+2Current HBS student offering Essay ReviewsHi, I am a current <abbr title="Harvard Business School">HBS</abbr> student looking to help out any R2 applicants looking for additional feedback on their essays to Harvard and other top US schools (Stanford, Wharton etc.) I will review your essays and provide...1 (1 new)
+2Improve Chances at Chicago BoothIf you are applying to Chicago Booth's MBA program, I'd like you help you improve your chances of acceptance. I'm presenting *[Get Accepted to Chicago Booth](* this Wednesday at 10 AM PT/1 PM ET and at 4 PM PT/7 PM ET. I will...1 (1 new)
+2Superday at Elite Boutique w Nontarget Candidate fffffffffff fffmmmgggghhhhoooooooooooooooooooooooooooooooodgdndgngdanjldgalndganlgadjlndgjlndagjndgajlndagjlndgajnldgnjldganljdgjlndgajlndagjlndgajnldgajlndagjlndgajlndgjln Deleted.11 (11 new)
+2BeesCan I sue my beekeeper neighbor? Every day I see my neighbor's bees flying around my garden stealing the pollen or nectar from my flowers. Then the bees go back to my neighbor and create honey. My neighbor then harvests the honey and sells it at the farmers market for profit. I have...10 (10 new)
+2Can I get energy investment banking from Booth or Columbia MBA?like 60% of the associates on linkedin are from McCombs which makes me worried 8 (8 new)
+2Dartmouth Tuck: HF / IM Jobs. Possible?I am in the process of applying to R2 for top <abbr title="Masters in Business Administration">MBA</abbr> programs, specifically Chicago Booth, Columbia, Dartmouth Tuck, and Cornell Johnson. I am confident in my ability to get into Cornell, 50/50 on Tuck, but am 99% sure I...1 (1 new)
+2Not getting anywhere with bigger shops that I want an off-cycle at, should I just cold call/go in person?To preface, I am currently networking. Contacted around 100+ people at larger banks, bigger firms etc. Currently doing an off cycle at a boutique <abbr title="investment banking">IB</abbr> as well. The thing is, I know these larger <abbr title="private...8 (8 new)
+2Investment personalityWhen a hedge fund is assessing you investment personality or asks you what type of investor are you, what do they actually want to hear or know? 2 (2 new)
+2Thinking about transferring. Chances with low ACT. Hello all I am a rising sophomore this year, and I am currently attending a no name college in the University of Wisconsin system. I am thinking about transferring out to a good college in a major city. I have a good GPA 3.5+ freshman year and, a 3.95 second semester of freshman year. Over...20 (9 new)
+2PE Exits - Jefferies, Guggenheim, PWPAnyone have specifics on where analysts from these banks exited to for PE? Names of specific <abbr title="private equity">PE</abbr> firms would be appreciated. Thanks!3 (3 new)
+2Do you find your work rewarding?Hey folks, I just wanted to ask the people working in <abbr title="investment banking">IB</abbr> what it is that gets you through your analyst years and you to bust your ass 100 hours per week? I feel that external factors like pay, prestige and exit opps are the...6 (6 new)
+2A few months from graduating college andSo I am a few months from graduating college for a bachelor in accounting. I am planning on opening my own unaffiliated investment advisory practice, I have about $70,000 all ready to go to help start the business that I raised through my family and my own savings, already passed the series 65...1 (1 new)
+2Crossroads in Career Hello All, I want to start by saying how thankful I am to this community for all the advice that has been provided on this site. At this stage of my career, I am currently undergoing a serious career and personal transitions which I will summarize below: - Had to leave work to take a...1 (1 new)
+2M&A Boutique vs BB TreasuryHi fellow monkeys, I'm in a bit of a pinch right now but to get straight to the point: 1. SA19 <abbr title="mergers and acquisitions">M&A</abbr> Boutique (Relatively new/unknown not on the same level as <abbr title="elite...6 (6 new)
+2Corp Strategy --> IBDI'm currently an Engineer at a F500 company. I've been working here for a little over a year and got an internal offer to join the corporate strategy team focusing on MA&D. I eventually want to transition to <abbr title="investment banking...1 (1 new)
+2London School of Economics for Consulting in AsiaAsking for a friend applying to college here: How well regarded is the London School of Economics in the consulting industry, especially in Asian countries such as Hong Kong and Singapore? Would his major at the London School of Economics matter (entry requirements and acceptance rates are...3 (3 new)
+2While using a DCF and WACC, where do I input my own required rate of return?Hi everyone, From an investors perspective while calculating a DCF(FCFF using WACC), where do I put in my own required rate of return? Do I replace the cost of equity with my own return in the <abbr title="weighted average cost of capital">WACC</abbr> formula? **Wacc...7 (7 new)
+2KPMG M&A LondonHi guys, Was just wondering how well regarded the KPMG London <abbr title="mergers and acquisitions">M&A</abbr> team is? I am assuming their <abbr title="mergers and acquisitions">M&A</abbr> team is more like a traditional IB? (They have 4...7 (7 new)
+2Tech Focused Boutique IBHey All, Working on project in the data center industry and would like to chat with some bankers in the sector. Was wondering if anyone here knew any good boutiques in the sector that deals with LMM companies (<$200M EV). Currently looking at DH Capital, please let me know if you have any...1 (1 new)
+2JPM vs Evercore vs for London SA Hi all, New to the site and wanted some opinions on whether to take <abbr title="investment banking division">IBD</abbr> at <abbr title="JP Morgan">JPM</abbr> for a summer analyst position or Evercore for the same position. Can anyone speak...12 (12 new)
+2Does it make sense to move to MM IB senior analyst role after 3yrs Big 4 & 2-3 yrs Corporate?Hi guys Have been offered opportunity to interview for an <abbr title="middle market">MM</abbr> <abbr title="investment banking">IB</abbr> as senior analyst and wondering whether to take the opportunity. It's a North American <abbr...3 (3 new)
+2If you ONLY worked on live deals, with no pitching, how many hours per week would you work?I was having this discussion with someone this evening and thought it was interesting. Hypothetical question: if, as an investment banking analyst in your current role, you had absolutely zero pitch responsibilities and only worked on active engagements, how many hours do you estimate you would...5 (5 new)
+2BB IBD vs AM (PIMCO, Blackrock) for HF?Hey guys, What do you think would help to get into Hedge Fund easier? I interned at a <abbr title="bulge bracket">BB</abbr> <abbr title="investment banking division">IBD</abbr> but I'm thinking about moving to <abbr title="asset...1 (1 new)
+2What firms have dedicated Restructuring groups?While I know the list of firms that have a restructuring practice, I wanted to know the ones that have a group where you specifically apply into restructuring as opposed to being a generalist who does some <abbr title="restructuring">rx</abbr> deals. For example, PJT has...7 (7 new)
+2Analyst to Associate Promotion - Disscussions with BossHi, I'm working for my boss who is an MD at a smaller shop, and it's been two years now that I've been an analyst here. We definitely do not have a structured HR/process by which we get raises or promotions. Since being here, I haven't received an extra promotion (when I...3 (3 new)
+2Stupid mistake on resume- is this is a big deal or am I overthinking?Applied to an <abbr title="investment banking division">IBD</abbr> summer analyst intern position at a <abbr title="bulge bracket">BB</abbr>. I read on here that if you have an ethnic name (me) it's good to list your high school and the dates you...7 (6 new)
+2Credit to PE I'm an undergrad who will intern at a credit fund at a larger <abbr title="private equity">PE</abbr> firm like Apollo/Ares/TPG/<abbr title="Blackstone">BX</abbr>/Bain/<abbr title="Kohlberg Kravis Roberts &...5 (5 new)
+2Withdrawing from a Study Abroad ClassI am currently studying abroad and decided to take an economics class (minoring in econ) at one of the elite schools (top 10 in Europe) my program partners with. I'm starting to prepare for the final and am realizing I didn't spend enough time studying throughout the semester. The only...7 (7 new)
+2Rite Aid- has anyone worked on a recent deal?Looking at a deal from the debt side. Subject is not a Walgreens owned location. It is my understanding, that non walgreens owned locations are getting killed in terms of cap rates even if they have 10+ year leases. There is a risk premium attached and cap rates are 100-200 points wide. I am...8 (8 new)
+2Top REPE Fund Modeling Test - LBO?Have been at a smaller REPE shop for 2+ yrs on the acquisitions side. Am in the 2nd round for a top REPE fund in their European office. Feel very comfortable building model/amort table/waterfall from scratch, however this company (specifically the European office) has recently been doing...1 (1 new)
+2Is Corp Dev (Biopharma/Biotech) -> FP&A (Tech) -> Corp Dev (Tech) a Reasonable Path?I graduated from a target school and was hired into an analyst role in the corp dev team at a SMid-cap biopharma. I was promoted to senior analyst recently and am now approaching the 2 year mark at my company. However, in the past year, the corp dev team has been de-prioritized relative to...7 (7 new)
+2Financial analyst RE or commercial/corporate lending?So I'm currently an intern in acquisitions and asset management at an REPE firm with around $500m in assets. Unfortunately, they're not going to have any space to hire me at the end of this semester when I graduate. I have an opportunity to be a financial analyst at a large property...2 (2 new)
+2Valuation of a wholesale company which owns it's own warehousesHi, Looking for advice on valuation of a wholesale company, which owns its own warehouse (and property) it operates from. Let's take the example of just an <abbr title="enterprise value">EV</abbr>/<abbr title="earnings before interest tax depreciation...6 (6 new)
+2Surplus Cash - Investment AdviceHey everyone, I'm looking for some advice on where to allocate some surplus cash I have. For reference I'm a 1st year <abbr title="investment banking">IB</abbr> associate (A2A) in a mid-COL city. I max out my 401(k) and HSA, contribute to a high-yield savings...4 (3 new)
+2Am I in any position to be requesting this raise?I'm going on 8 months out of college, and I'm currently working as a financial analyst at a F200 company with a previous internship in FP&A at a medium sized company ($3B revenue). By the time this situation comes up I'll have 10-11 months experience here, depending on when...6 (6 new)
+2Best recruiter for lateraling?I am currently a second year analyst at a middle market and my time recently hasn’t been great in the group with a toxic culture and exodus of other analysts. I would like to re-do/finish my 2nd year at another bank and potentially do a third year so that I can recruit as well. What is the...3 (3 new)
+2DU MSREHey guys, Does anyone know much about the University of Denver's MSRE program and how it might compare to some of the top programs out there (i.e. Cornell, MIT, Berkeley, etc.)? Would opportunities/networking be regional or nation-wide? Limited to development? Thanks for all the help!7 (7 new)
+2What do you do in your free time? Feel like I'm wasting a lot of time(Still in school) I feel like I'm wasting so much time when I could be more productive. My typical free time is spent between youtube/guitar/xbox/gym (all regular activities). What do you all do?19 (19 new)
+2Goldman SSG Upcoming Interview....................................................................................................2 (2 new)
+2How to respond to an email introductionHi everyone. Hope you all had a great Thanksgiving. This is a stupid question but it’s my first time receiving an email introduction and not sure how to go about it. An alum I networked with introduced me through email to his MD at a boutique firm saying I would be a good fit to intern with...7 (7 new)
+2School Group Project Problems/////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////11 (11 new)
+2Fundraising for a nonprofit? I'm a new junior board memberRecently joined a newly established junior board of a local nonprofit org. One of our 2019 goals is to raise some $$$, but I'm inexperienced in this nonprofit fundraising game -- Can I get some suggestions/ideas? Anything is appreciated. Note that I work for a startup so it's hard...3 (3 new)
+2WSO Mobile Offers: Text "WSO" to 38470 and get...If you text the 3 letters "WSO" to the # 38470, you will be entered to receive 1 special discount every month to WSO's products and services...these include <abbr title="Wall Street Oasis">WSO</abbr> Resume Review, Wall Street Mentors, Financial Modeling...18
+2... deleted ...................................................................................................................................................................................................................................................8 (8 new)
+2Moving from DC w a toddler - where to move?Moving to <abbr title="New York City">NYC</abbr> with a 2 year old and my wife who’s a freelancer. Family income will be $270ish. Any ideas on where to get a 2 bedroom apt with an elevator (i know, impossible) at 950sqft+ for under $3700/mo in a neighborhood w lors of...2 (2 new)
+2Percent right on GMAT?I know that due to the algorithm this isn't really an easy question to answer.... but what level of percent were you getting right on everything before you starting to get scores into the 700s? I'm using 3 sources... Manhattan, Magoosh, and The OG Guides. On the OG Guide and Magoosh...9 (9 new)
+2Reputation of Tech-focused Boutiques on par with tech groups in BB/EB? Hey guys, there seems to be a lot of ibanks sprouting up, especially on the west coast who deal only in tech advisory. I went through CapIQ and compiled a list of tech investment banks, and was wondering if we can establish a ranking for the following banks with regards to exit opps, deal...2 (1 new)
+2SA opportunities - UBS vs BaringsHi, I currently have to opportunities to choose between. An asset management role w/ UBS realty investors or with the debt fund at Barings. Could anyone speak to the reputation of either of these firms a bit further? Which one also may better lead to a role in Acquisitions <abbr...3 (3 new)
+2Advice for Green L/S Analyst with M&A BackgroundI recently joined a smaller (<$500m) hedge fund after several years in middle market <abbr title="investment banking division">IBD</abbr> doing mostly <abbr title="mergers and acquisitions">M&A</abbr> transactions. After a little time on the job...1 (1 new)
+2Looking to talk to RE Developers about the capital raising and investor management processHey <abbr title="Wall Street Oasis">WSO</abbr> RE professionals, I'm heading sales and biz dev for a startup that's designing a deal showcasing and investor management product for small to mid-sized developers. We're looking for short 15-20 min calls with...5 (5 new)
+2Potential upside (but when?)Lets say that I use a <abbr title="discounted cash flow">DCF</abbr> or <abbr title="comparable analysis">comps</abbr> and find that there is an upside compared to the current market pricing of the stock. This essentially only tells me that there is an...5 (5 new)
+2Asset Management at PE fund or Acquisitions at Pension FundHi all, Trying to choose between two offers I have and was wondering which could set me up better for an acquisitions job at a bigger <abbr title="private equity">PE</abbr> fund or even a role in a REIB gaming & lodging group? My end goal would be lodging...10 (10 new)
+2Sensitivity Analysis - WACCIn a <abbr title="weighted average cost of capital">WACC</abbr> sensitivity analysis in my textbook the drivers sensitized for are 'debt-to-total capitalization' and 'pre-tax cost of debt'. What is the reason for using pre-tax cost of debt rather than...5 (5 new)
+2Northwestern for Management ConsultingI am a student at Northwestern planning to pursue a career in management consulting. Although Northwestern is a good school, I get the feeling that it does not have a very strong reputation in the consulting world. Would I be better off transferring to Columbia, Penn, or UChicago given that I...8 (8 new)
+2Please help me with ExcelHi guys, I am currently preparing for an Excel test. I downloaded a list of transactions from CAPIQ but can not seem to be able to sort the value columns by number (ex: from least to greatest). It only lets me sort from A to Z. I have tried copying and pasting into a brand new column but it...9 (9 new)
+2May 2019 Grad.. Commit to Job Now or WaitJust recently received an offer with Capital One's Commercial Banking Rotational Program. The structure is 3 rotations, with 1 being in Credit Risk. I've always leaned more towards <abbr title="commercial real estate">CRE</abbr> Lending out of undergrad, which is...16 (16 new)
+2Commercial Real Estate Broker Mentorship with Top Brokers in OfficeHi Everyone, After undergrad I have plans on going into commercial brokerage at places like JLL/CBRE/M&M. Let's say I get an offer as a broker at JLL/CBRE/M&M and get put on a team that's above average, but not the top grossing team in my office. Since I'm new my goal...5 (5 new)
+2Why is C++ more taught/required than python and R in MSc Financial engineering?Seems like top US/UK schools for MSc financial engineering teach C++ for sure but not python or R. Don't hedge funds and prop shops use python and R more often than C++ these days? Not sure what program to learn as an econ major undergraduate.3 (3 new)
+2Equity Research: Future Outlook.The questions here are more about the future and existence of the industry itself and how the current experts see it growing/dying. (Context: I am a 22-year old Indian guy with a graduation in business administration and zero experience in finance. In a recent discussion, I posted these...3 (3 new)
+2Places still hiring FT 2019Title says it all...anyone know any places (doesn't matter the size) that are looking for <abbr title="full time">FT</abbr> analysts with a start date after graduation 2019?4 (4 new)
+2Experienced associate/analyst job search discussion groupHaving worked at a middle market PE firm, where there aren't many peers to trade notes with, pretty much since college, I wanted to see if there's interest in a job search discussion group. It'd be a group for anybody who has gone through or is going through associate or...1 (1 new)
+2Is a high EV actually good?Hi, why is it actually a good thing to have a high Enterprise Value? Let's consider two companies (A and B) and say buing out shareholders (Equity Value) would cost $100 for each. Further both would have $20 in Cash with A having debt worth of $50 and B only $30. --> <abbr...5 (5 new)
+22019 Bonus WatchIt's that time of year again! Has anyone been hearing rumors on how bonuses are looking this year? I heard the Canadian Banks have or are in process of giving numbers out right now. Hearing flat to down YoY3 (3 new)
+2Haven't heard back from final round interview?I finished up a final round interview with a fund a couple weeks ago and I thought I gave it my best and got along with the team pretty well. Did think I could've done a bit better in some aspects, but for the private equity recruiting process, it always seems like all candidates can do...7 (7 new)
+2What's JP Morgan's Global Knowledge Network/Centralized Research Global?As stated, what's <abbr title="JP Morgan">JP</abbr> Morgan's Global Knowledge Network/Centralized Research Global? It was a summer internship program in Shanghai and given its description, it sounds like a research group within investment banking office. I am...2 (2 new)
+2any advice for someone about to interview at Goldman?I have an in person interview at Goldman. any advice?! its an in person. any info or advice greatly appreciated9 (9 new)
+2Can Someone Check My Resume + Other questions regarding CRE -- Cornell JuniorHi all, I am a junior at Cornell very interested in commercial real estate. I haven't had much luck with internships and was wondering 2 things: 1) Can someone take a look at my resume. I have a weird resume as I do not have much relevant experience since it took me a bit of time in...6 (6 new)
+2Top Hedge Funds in the Energy SphereI am a executive at a major energy corporation considering making a transition into the energy hedge fund space. I understand that due to the nature of the industry, hedge funds operating/specializing in the traditional energy (oil and gas) sector prefer hiring experienced professionals from the...4 (4 new)
+22018 Hedge Fund Report: 8 Key Takeaways<center><img src="" alt="" /></center> <br> The <a href="">2018 Hedge Fund Industry Report</a> compiled...1
+2Why don't you have a Hulu Girl on your dash?<img src="/files/styles/w800/public/inline/images/img_20181123_222114.jpg?itok=1qSSNFG1" alt="" /> Benefits of Dashboard Hula Girl: -Ease stress and anxiety as you drive around and glance at your dancing hula girl -Increases feeling that your life is a...2 (2 new)
+2Lazard Recent DealsHave a final round with Lazard in UK. Could anyone shed light on recent mega-deals conducted by them (preferable of a cross-border focus)? I know of Johnson&Johnson-Actelion. Any other mega deals in <abbr title="mergers and acquisitions">M&A</abbr>...6 (6 new)
+2Graduating in a couple of weeks with no experienceI'm struggling quite a bit to create a job search strategy and would seriously appreciate any guidance that I can get. I'm a student graduating this month from an absolutely non-target state university in California, with a grade point average in the 3 to 3.5 range. I've never...13 (13 new)
+2How often does your firm drug test?Took a labcorp drug test for the job starting Jan 1st, not sure how much they drug test or if they keep drug testing. I was at a medium sized REPE before this and they didn't drug test at all so I have no idea. Does your firm drug test? And if so how often?3 (3 new)
+2MIF at HEC Paris vs. ESADE vs. SSE vs. Bocconi vs. IE vs. St. GallenHi everyone, I just got admitted to HEC Paris and ESADE for the MIF intake 2019. Moreover, I am still awaiting the admission results from SSE, Bocconi, IE, and University of St. Gallen. My background: - BA (Hons) International Business Management, specilisation in Finance - GPA 4.0 -...7 (7 new)
+2McKinsey Interview ExperienceRecently I had an interview with McKinsey. After the first round, my interviewer bin my papers in front of me. Does anyone has this experience before? This really brings down the positive image I had with them so far.7 (7 new)
+23 statement modelling test for IBD SAHello I have an upcoming superday with an <abbr title="mergers and acquisitions">M&A</abbr> boutique. Part of it involves making a 3-statement Excel model in 1 hour using some given assumptions. My background is finance but ive never made a 3-statement model using...15 (15 new)
+2Non-traditional candidates to PE - how to gain credibility in front of head hunters?Hi guys: I came from an investing background but in a different geographic region and not a IB+PE 2+2, however, i do have deal experience....I have connected with a few headhunters for <abbr title="private equity">PE</abbr> recruiting, but it's been difficult to get...3 (3 new)
+2Do I Have a Chance at Full-Time Recruiting if I Have no Relevant Work-Experience?Hello, I am a third-year student at New York University Stern and I have a 3.94 GPA, but I didn't have any experience/good networking/good interviewing skills and I think that's why I couldn't get any internships at banks. What do I do? Should I read Vault or the guides at WSO?...6 (6 new)
+2International Real Estate AcquisitionsI'm interested in getting people's perspectives on why more of a focus doesn't go into acquiring properties internationally or in emerging markets. I'm assuming that a fund or a buyer with a fairly high risk tolerance would be interested in the (presumably) higher returns...1 (1 new)
+2Probably violated firm NDA, worried about reference checks finding something. Will they?I'm a little panicked here. I left a boutique RE firm a while ago on the east coast on decent terms. After leaving, I used a work sample I created partially on firm time to network. I got an offer from a midsize firm a couple of weeks ago, but the firm I'm getting an offer with saw the...6 (6 new)
+2Ticket Pocket?Hey all, what are your thoughts on a ticket pocket on your suit? I recently got this suit from suit supply and was wondering if anyone really cares about the ticket pocket and if you feel I could wear it to an interview? [Suit...10 (7 new)
+2How do I begin with reaching out for coffee?Hey everyone, So I'm a junior year student at a pretty well regarded university in New York, and I have been feeling extremely stressed for the last several months regarding my approaches to get any experience. I have a 3.1 GPA after my sophomore transfer reset because I was regularly...6 (6 new)
+2Madoff: 10 years later<h3>MARKETS</h3> <ul> <li>U.S. markets: The Dow managed to claw back a 500-point drop to close in the green. Leading the charge? Mostly technology stocks, including Facebook, Apple, Netflix, Alphabet, and Amazon. </li> <li> Jobs: Looking for your next...1 (1 new)
+2Firms friendly to FT hires Non-Target going to be at a mid-to-lower tier <abbr title="bulge bracket">BB</abbr> in Houston this summer <abbr title="investment banking division">IBD</abbr>. Looking to get to <abbr title="New York City">NYC</abbr> or CHI for...3 (3 new)
+2MBB Background Check: Lying on Resume........................................................................................................................................................................9 (9 new)
+2No Summer Offers, What Now?Junior at target school, 3.7 gpa, <abbr title="private equity">PE</abbr> intern experience. Networked hard since beginning of summer, did a few super days for <abbr title="investment banking">IB</abbr> and <abbr title="Sales and...6 (6 new)
+2It might not be worth itHi All - This forum has been a huge help to me over the last 5+ years as I've tried figuring out what it is I wanted to do with my life. As a background, I got an undergrad degree in finance from a non-target school but lucked into a decently paying job as a Financial Analyst for a...1 (1 new)
+2Any other full-time Americans university students in the UK trying to find a job? I was wondering if anyone had any advice regarding the best way to secure a position in the <abbr title="commercial real estate">CRE</abbr> investment industry if one is an American national studying at a UK university. Even though it is illegal for employers to...10 (10 new)
+2Nine Months of Soul-Crushing Unemployment - Advice NeededHi all, About nine months ago, I was let go from my first post-grad position at a small RIA (a story that I shared here previously). I've since met up with my former boss a few times, and he confirmed that my position was eliminated - they haven't hired anyone in my place. That...4 (4 new)
+2What exactly do "real estate consultants" do?This is for places like the big 4. I assume those in <abbr title="McKinsey, Bain and BCG">MBB</abbr> tend to do more portfolio and construction level work. It looks like a large part of the services are valuation services. Is it essentially another appraisal shop or is the...6 (6 new)