|+156||My Private Equity Recruiting ProcessI am about 3 weeks removed from receiving three <abbr title="private equity
">PE</abbr> offers (from <abbr title="megafunds
">MFs</abbr> and top <abbr title="middle market
">MM</abbr> firms), both elated and relieved to be done...||Candor||128 (3 new)||2 weeks|
|+110||I'm an average joe making good money for family and enjoying a chill life. What am I missing out on by not pursuing prestige?Hey guys. I'm a 29 year old white male with a loving wife and 1 year old son. I went to a state school (Cal State Fullerton), graduated with a 3.1 GPA (didn't give a crap about school, just partied) and then got a sales job. Then I busted my ass (I'm not analytical or smart, but...||averagejoe1010||159 (123 new)||2 weeks|
|+100||Investment Banking Resume Template - Official WSO CV Example<img src="https://www.wallstreetoasis.com/files/ib_resume_title_0.png" 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...||WallStreetOasis.com||157||2 weeks|
|+88||My journey from no-name boutique to PE MFI have been a long time lurker and recent poster here, I have got so much from this community, I can say I would not have done it without you so I think it is time to give something back. I am sure you heard stories like mine but I hope this can be inspirational to some of you.
<h3>My...||masters||57 (1 new)||3 weeks|
|+67||Most 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. ||Ivan Boesky||76 (2 new)||1 day|
|+60||The 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....||EarlFromUtah||112||3 hours|
|+60||A Contrarian View - Raging BullTLDR - seen a lot of pessimism out of the major firms, it's starting to make me think it's too pessimistic, making me consider that we’re on the cusp of a multi-year secular bull market, let's discuss
OK, I've been struggling with a couple of thoughts over the past few...||thebrofessor||86 (13 new)||3 days|
|+53||I 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...||PEConsultant||63||10 hours|
|+50||Most prestigious job opportunity you've ever seenWhat is the most prestigious job opportunity you've ever seen someone get or take directly after college?||BillMurray||98 (61 new)||2 weeks|
|+47||What 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?||GingerGuy||104 (102 new)||1 day|
|+36||Bad 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.||morgan28||41 (41 new)||1 day|
|+31||Approaching 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>...||maddy.ap||46 (46 new)||1 week|
|+31||1 year into MBA: Things I wish I knewHi all,
Longtime reader and writing as a small way of “giving back.” I’m in my second year at H/S/W and thought I’d share some thoughts and insights. My background is traditional – think <abbr title="investment banking">IB</abbr> / Consulting / <abbr...||Bschool||33 (22 new)||1 week|
|+31||Didn't Realize This is a Job Requirement NowSo was browsing LinkedIn just for the fun of it and came across this golden job posting today. It's weird to see this explicitly stated as a skill now
<img src="/files/styles/w800/public/inline/images/inkedcapture1_li_0.jpg?itok=iEMwuOya" alt="" />||NoJobProspectsI...||14 (14 new)||1 week|
|+29||What 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...||ThatOtherGuy||80 (80 new)||10 hours|
|+28||How I Passed the CFA Exams Back-to-Back-to-BackHow I Passed the <abbr title="Chartered Financial Analyst">CFA</abbr> Exams Back-to-Back-to-Back
January 2, 2016 was the first Saturday of the year and the start of my Level I studies. At the time, I was working in real estate equity research and my hours...||jeremysg||18||1 month|
|+26||Do many young I-Bankers pivot to F500 ladder? Seems like you sharks would dominate, yeah?I grew up in metro Detroit and every other white collar parent is a Big Ten (if that) grad who makes a cozy $330k, 550k, even well into 7 figures after working up corporate (finance/marketing/engineering/sales) ladder at an automaker, auto supplier, etc. Mark Fields, former CEO of Ford, was...||DukeED23||73 (73 new)||1 week|
|+26||Did anyone enjoy or appreciate their IB experience?There are plenty of posts about how horrible <abbr title="investment banking">IB</abbr> was for people, but did anyone appreciate it or like it?||astern73||45 (38 new)||2 weeks|
|+26||2020 On-Cycle Recruiting Kicks OffLooks like Christmas has come early this year...for some
Rumor has it that the following firms have kicked off; post your observations below!
* New Mountain
* <abbr title="Kohlberg Kravis Roberts & Co.">KKR</abbr>
* ...||sledsonmyfeet||113 (42 new)||4 days|
|+23||Microsoft: 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...||CuriousCharacter||36 (36 new)||16 hours|
|+23||Cars You Would Never GetWhat car would you never consider getting? I know many people that won't get luxury cars because they are depreciating assets. Nothing wrong with that but I'm looking for opinions on cars you wouldn't get because they're cliches or just plain bad.||ColdCaller||109 (107 new)||1 week|
|+23||Private 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...||WallStreetOasis.com||71||2 months|
|+23||Lying 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,...||Jake Paul||80 (80 new)||3 days|
|+23||Is 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...||LeveredCat||56||1 week|
|+22||Where 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?||jnhadekjs||81 (20 new)||3 hours|
|+22||Work Hard and Achieve Big Things: A Short Success StoryHello fellow monkies,
Today, I wanted to share a success story. Unfortunately, this success story is not my own, but instead, my college roommate. Hopefully soon, I will be sharing my own.
My college roommate has a ~4.0 GPA. He spends every day, morning to night, in...||YungBull||9||1 month|
|+21||Some Red Flags During an Interview?What are some factors that we should look out for while interviewing, that would either
* automatically ding us
* We should watch out for from the company's side||GingerGuy||32||4 days|
|+21||Biotech finance part 2: valuation methodologies and modeling considerationsIn a [previous post](https://www.wallstreetoasis.com/forums/biotech-finance-from-ib-to-vc-hf-to-funded-startup), I discussed the most basic skill required for biopharma finance: forecasting a P&L for a drug.
In this post, I'll discuss the next step -- valuing biopharma companies. ...||biotech212121||10 (10 new)||1 week|
|+20||Non-target -> 3 Superday Rejections -> Dream FT AM OfferLike many users, <abbr title="Wall Street Oasis">WSO</abbr> has been a major resource for me. Not just in information but also hope during times when it wasn't so easy or I didn't think it was possible. I've really enjoyed reading success stories, and I...||Apples to Apples||10 (7 new)||2 weeks|
|+18||Against 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...||Dedline||7 (7 new)||1 week|
|+18||Recruitment Set Back To "Normal"Do you think other banks will now follow through?
<a href="https://www.wsj.com/articles/goldman-jpmorgan-hit-pause-on-intern-recruiting-madness-1540819063?mod=hp_featst_pos2">WSJ: Goldman, JPMorgan Hit Pause on Intern Recruiting ‘Madness’ </a>
Two Wall...||keyboardwarrior||32 (5 new)||4 weeks|
|+17||Moron Manager!! What to do???!Would kindly appreciate your feedback.
I recently joined a boutique real estate firm after 4 years on the debt site to do acquisitions and development. it's a small shop with three principals, an acquisitions manager (aka moron from hell) and me as acquisitions associate.
Here is...||Mike-Bozzuto||39 (34 new)||2 weeks|
|+17||Does 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,...||iBankedUp||73 (73 new)||1 week|
|+17||Will the Tech industry take over?Had a question for you guys.
The tech industry is the type of thing that seems too good to be true but actually turns out to be true. I have three main reasons to believe the most talented students will move in droves to the tech industry unless something changes.
1) Automation is set to...||wallstreetpop99||38 (16 new)||3 weeks|
|+17||How 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...||LeveredBetaBoy||19 (19 new)||2 days|
|+17||Children and Demanding CareersThe more I look around, the more I realize I’m an anomaly in private equity. I’m married, in my late 20s and have two kids below the age of two. I’m managing the work hours and traveling quite well, but I was wondering if others on here are in a similar situation and how you guys manage...||CorneliusLux||21 (21 new)||2 weeks|
|+16||2020 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...||banker832||27 (27 new)||4 days|
|+16||Why 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...||DNMA82147||46||14 hours|
|+16||Am 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...||robbyboyjohnny||43 (43 new)||3 days|
|+14||Greatest 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 -...||Will_Hunting||23 (23 new)||4 days|
|+14||What are the biggest lies on this forum being pushed around constantly?For me it has to be the "Dude, people in sales easily clear $500k a year. Look into software or Pharma sales."
Anyways, what are some you notice?||Tony Montana||44 (42 new)||2 weeks|
|+14||In 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...||emeka||46 (46 new)||2 days|
|+14||How 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...||Private_Equiteer||7 (7 new)||1 week|
|+13||Recommended Drinks?Landed a second round interview with two VPs in a boutique firm. I am supposed to have a formal interview with one of the VPs and go out for drinks after.
Any recommended drinks for someone who doesn't drink that often? I don't want to kill the post-interview vibe when it's...||JayLite||52 (8 new)||3 weeks|
|+13||Rothschild = 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...||firdaws||26 (26 new)||4 days|
|+13||Favorite 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....||Isaiah_53_5||47 (47 new)||3 days|
|+12||Craziest 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...||DonalDayUmTray||40 (40 new)||2 days|
|+12||I 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...||bankingtostartup||37 (37 new)||3 days|
|+12||If 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.||cdnbig5||59 (59 new)||5 days|
|+12||StrippersI'm a personal hater of strip clubs. Recently I was out with some of the manager directors and partners of my firm. We kicked off the night with a bang starting with a fancy lounge, an upscale steakhouse, followed by more drinks. Around midnight one of the (married) guys gets the bright...||WolfofWSO||23 (23 new)||3 weeks|
|+12||Incoming 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?||SirGrayWalrus||46 (1 new)||1 day|
|+12||How 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...||JD665511||6 (6 new)||58 min|
|+11||How 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.||yayaa||45 (45 new)||3 days|
|+11||Any 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...||Aeropro-Babolat||26 (26 new)||3 days|
|+11||What 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...||scshtx||28 (28 new)||4 days|
|+11||Uber IPO and the Morgan Stanley Banker / Driver[Is this real life](https://www.wsj.com/articles/morgan-stanley-bankers-side-gig-could-help-firm-land-highly-coveted-role-on-uber-ipo-1539855000?mod=hp_lead_pos2#comments_sector)? Apparently MS banker Michael Grimes has been "moonlighting" as an Uber driver for years. This is the same...||iggs99988||24 (10 new)||3 weeks|
|+10||How 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...||AtomicPenguin||45 (45 new)||1 day|
|+10||The 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.
<div class="text-center"> <a class="btn btn-success btn-lg text-center" id="Register...||WallStreetOasis.com||4||2 months|
|+10||In 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...||davidsmith62||24 (24 new)||2 hours|
|+10||How 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...||NoJobProspectsI...||36 (36 new)||1 day|
|+10||Is 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>||biscuitsandgravery||16 (16 new)||1 day|
|+9||Join 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...||AndyLouis||71 (2 new)||2 weeks|
|+9||Train your children for a professionIs it possible to train your children early with skills like accounting or using finance tools? We see all the time that children are trained to be athletes since they were babies. Sentiments and morals aside, I just want to know if anyone has tried this.||LeveredCat||32 (17 new)||3 weeks|
|+9||My 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...||JBanksohn||20||7 months|
|+9||Best 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...||TrackBack||35 (34 new)||36 min|
|+9||I found a unicorn - help.Let's say you come up with a brilliant unicorn startup business idea and plot twist - you're an employee in <abbr title="investment banking division">IBD</abbr>.
If you create your business plan and investor pres. using some work resources, does the bank have...||tiredandangry||38 (15 new)||3 weeks|
|+9||I got an offer!! Now, I'm scared I'm over my head!! HELP?!So I'm a non-target as it gets. I grinded to get this offer and now I'm really scared. I feel stupid meeting with the seniors in the office. I honestly have no idea what they are talking about half the time the other time I'll pick up a few keywords. How do I get ready for this...||BOBBERT||15 (8 new)||3 weeks|
|+9||Financial & 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...||WallStreetOasis.com||52 (1 new)||3 weeks|
|+9||Where 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.||Nick6802||27 (27 new)||2 days|
|+9||Overcoming 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....||Ivan Boesky||27 (26 new)||1 week|
|+9||Private Equity in Canada - UpdatedI'm looking to gain more insight into the private equity space in Canada, particularly for Toronto. I understand that there are historical posts addressing Canadian <abbr title="private equity">PE</abbr>, but any updated information would be helpful. Please share any...||TDot Hunk 22||22 (21 new)||3 weeks|
|+9||Msc Finance ranking EuropeHi there!
From what you' ve heard/seen throughout your whole career, what are the best school for a <abbr title="Masters in Finance">MSF</abbr> in Europe? (I know that it depends on the field we are considering, let's say for <abbr title="investment...||Merlo97||31 (31 new)||2 weeks|
|+9||Baird lifestyleHey guys! Can anyone here speak to the analyst lifestyle in Baird’s Milwaukee office (hours/weekends/etc.)?
Much appreciated.||babs||37 (12 new)||3 days|
|+8||Long TSLA Update: Better Good Than Lucky####In The Money
<img src="/files/styles/w800/public/inline/images/tesla_cash_flow.jpg?itok=gMES0cc3" alt="" />
*Cash is King - origin unclear, but said after the ‘87 market crash by Pehr G. Gyllenhammar, CEO of Volvo (Fate Loves Irony)*
I wasn’t planning on...||CuriousCharacter||5 (1 new)||4 weeks|
|+8||Food you can't standWhat food do you absolutely hate? Is there anything you would never touch in a million years? How did you come to hate it?||LeveredCat||50 (49 new)||1 week|
|+8||BBH fires both MD and SVP after sexual harassment claims by Julie NadeauWhat do you guys think of this?
"Brown Brothers Harriman 3rd year Analyst Julie Nadeau partied with her male supervisors Managing Director and Senior Vice President on daily basis in Four Seasons Hotel rooms, Nobu, Cipriani… One night her Managing Director suggested to go somewhere...||celinewilson||16 (16 new)||2 weeks|
|+8||Why don't interns pay banks for the privledge of working there?Experience is all that matters when someone is first starting out, right? So banks should make the interns pay them in exchange for training and the intern experience. Me personally - I'd pay at least $80 to put Goldman Sachs on my resume. The banks could rake in so much f****** dough just...||famejranc||12 (12 new)||2 weeks|
|+8||Winter is almost here - What Non-Suit jacket are you wearing for warmth?So I know this topic is kind of taboo - every shop is different in what they wear. For us, its basically everything except a suit jacket if you are just in the office, and then we throw on the jacket for meetings. If I am in the field (development guy) I even run with jeans and a jacket with...||pere797||19 (19 new)||2 weeks|
|+8||Are we recession proof?I've been seeing a lot of chatter especially on this forum, about how central banks today have instituted policies that make the global economy "Recession Proof". The Economist recently[ put out this video](https://www.youtube.com/watch?v=rD7KNVzkLPw) that says otherwise. How...||GingerGuy||11 (6 new)||2 weeks|
|+8||2018 Investment Banking Report: 8 Trends in the Industry<center><img src="https://www.wallstreetoasis.com/files/ibreport_title_2018_2.png" alt="" /></center>
Wall Street Oasis (WSO) released a detailed <a...||WallStreetOasis.com||1||6 days|
|+8||How 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...||TheCaptainAtSea||10 (10 new)||2 days|
|+7||Struggling 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...||consultant120||9 (9 new)||4 days|
|+7||Why does it feel so weird to make an "ask" at the end of a informational interview?I've been having a few conversations per week. I've been having solid success with contacting alumni. For the life of me, I cannot make "the ask". After 5-10 minutes and when I run out of questions, I usually just say "Thank you for taking the time to speak with me...||John-Jacobs1||23 (20 new)||1 week|
|+7||2020 On-Cycle PE PlacementIf anyone has the info.. how did banks or groups across the street place during the on-cycle sprint that happened during the past week ?||PE123456||17 (17 new)||1 week|
|+7||What 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...||propshopdroptop||21 (21 new)||1 week|
|+7||Does Your Degree Matter?I found [this interesting Forbes article](https://www.forbes.com/sites/ashleystahl/2015/08/12/six-reasons-why-your-college-major-doesnt-matter/#3f5d664c35a0) that outlined 6 reasons why your major doesn't matter.
1. Your degree is a prerequisite for the competitive workforce; the topic...||GingerGuy||31 (31 new)||3 days|
|+7||How to conceal the devilGentlemen (ladies, turn back now…),
I’ve come back to <abbr title="Wall Street Oasis">WSO</abbr> for your advice on a serious, and what I presume to be a common issue.
First, a bit of background. I’ve recently joined a <abbr title="private...||Johnny Peppers||17 (17 new)||3 weeks|
|+7||How 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.||Leerverkauf||23 (21 new)||1 day|
|+7||How 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? ||Pizz||28 (28 new)||24 min|
|+7||IB 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...||MMMaybachMusic||18 (18 new)||1 day|
|+7||Bible 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...||thatmenonguy||12 (12 new)||1 day|
|+7||Tattoos 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?)||Merlo97||12 (11 new)||1 week|
|+7||Deal 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...||SRinv94223||12 (12 new)||5 days|
|+7||CBRE Launches Coworking Management Platform - Goodnight WeWork["The new business, called Hana, will not lease space directly, but will work with property owners and will design, build and operate flexible office space for them. It will make money through revenue and profit-sharing agreements with...||Trunk Yeti||47 (47 new)||1 week|
|+7||Automation 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...||sheperd99||7 (7 new)||1 week|
|+7||Leaving 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...||Its Free Real Estate||24 (24 new)||23 hours|
|+6||Client 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?||SirGrayWalrus||10 (10 new)||1 day|
|+6||Senior 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...||itsanumbersgame||15 (6 new)||1 day|
|+6||Need advice on asking for promotionHad good input. Thx............... ... .......... . ................................||Optimus_Subprime||14 (14 new)||1 week|
|+6||Offer Decision Help NeededHi all,
I am a current junior trying to decide on which internship offer would give the the greatest probability for a successful career. I would like to eventually end up in <abbr title="private equity">PE</abbr> ideally focusing on tech or consumers. Apologies if this...||golde44||6 (6 new)||2 weeks|
I was wondering if anyone could share info on the leading boutique players for the retail/consumer buy-side. I am looking to learn more about specialist funds that are retail exclusive or (at least semi-exclusive). Would love to hear about key firms, deal strategies, life at the...||Rondo12||23 (23 new)||1 week|
|+6||Just Received McKinsey Offer - Happy to HelpHad my final round this past Friday and got the call the same day. This forum was pretty helpful to me, so I wanted to pay it forward. If you're still in the process for McKinsey (or BCG, I also interviewed there) and have any questions, send 'em my way and I'll do my best to answer.||simonmany||29 (29 new)||2 weeks|
|+6||Do Big 4 TAS recruit at T15 MBAs? And what's the typical post MBA (I assume senior associate) rumeneration package? ||DNMA82147||22 (22 new)||5 days|
|+6||FP&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...||Jake Paul||11 (11 new)||1 day|
|+6||AMA: I worked as a CTO at prop-shop doing high frequency trading (HFT)Hello everybody!
I've been very lucky to end up doing what I'm doing
My expertise is building low latency trading systems for <abbr title="high frequency trading">HFT</abbr> strategies.
I led the software development to do high-frequency trading, executing...||hft1111||27 (9 new)||1 day|
|+6||Buyside 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?||curiousinvesting||16 (16 new)||11 hours|
|+6||I think I’m being underpaidBackground: Non-target US undergraduate >> approx. 2 years at Big 4 transaction advisory (non-US office but in a major financial center) >>just entered 2nd year at US-based <abbr title="middle market">MM</abbr> bank (HW, LI, Baird, WB), also in the same city as...||WillowTree||10 (10 new)||3 weeks|
|+6||Single MomsAs I sit down with a stiff Jack and Coke, I thought I would chum up a rough guide for men thinking about starting a relationship with a single mom and what some of the ramifications are of dating and entering into a deeper relationship with a single mom could be. Of course this guide does not...||WolfofWSO||15 (15 new)||3 weeks|
|+6||Hair wax/gel suggestionsAfter deciding to keep my hair long this fall, I'd like to know which hair wax or gel you guys use
No wet look if possible, just to fix them
Something available in UK/London or through Amazon
Cheers||Real Marcus Hal...||34 (34 new)||2 days|
|+6||Equity Research sell side: how do you think the buyside should do better to interact with you?going to be starting in equity research at a mutual fund. i'll be be covering companies and so wanted to ask the <abbr title="Wall Street Oasis">wso</abbr> community (specifically those working on the sell side) what are the characteristics of buyside analysts that you...||monkey_brood||20||6 months|
|+6||Harvard 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...||ch66220||21 (4 new)||1 week|
|+6||Should I take a gap year before as an IBD analyst at MS?I am fortunate enough to have a <abbr title="full time">FT</abbr> <abbr title="investment banking division">IBD</abbr> offer from MS to start in July 2019, only two weeks after my university course ends. I have always had in the back of my mind that I...||kek's ouroboros||7 (7 new)||3 weeks|
|+6||Oil&Gas interviewHi! What can be asked? What the most difficult technical questions you were asked?
Thanks in advance!||V_Vartan||16 (16 new)||1 week|
|+6||When Planning Your Life, How Far Ahead Do You Consider?Do you guys think it's pointless to plan your life? If not, how far ahead do you consider when planning the future?
In high school, I would never have imagined where I was today. And I mean that in a good way. I have taken my life one step at a time and have changed my career progression...||YungBull||18 (15 new)||3 weeks|
|+6||Breaking 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...||ChimpMaster||6 (6 new)||1 week|
|+6||Investment Thesis, submitted this to a PMHi <abbr title="Wall Street Oasis">WSO</abbr>,
I've recently been in talks with an Asset Manager who has brought me in numerous times to help me get a better idea of what the day-to-day is like. I reached out to a school alumni that works there (Portfolio Manager)...||financeguy11||27 (27 new)||2 days|
|+5||Don'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!!! ||jnhadekjs||7 (7 new)||2 days|
|+5||Work MouseDoes anyone have any recommendations for a solid mouse, preferably under $100? I want to upgrade to something that will hopefully add some efficiency. There are so many similar ones online it's hard to differentiate. ||Willie Nelson||15 (15 new)||2 weeks|
|+5||Getting a Hedge Fund job as a Political Science Professor?Hello all,
I was hoping to get some advice on the types of jobs/funds that might be a natural transition from my current job as a political science lecturer. Just to give a little quick context, I'm in my mid-twenties, was an adjunct professor for 3 years, and am now a full-time...||IRnerd||33 (27 new)||1 week|
|+5||What 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...||t_parno2121||8 (8 new)||6 days|
|+5||Corporate 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...||silliconvalleyd...||13 (13 new)||4 days|
|+5||Fish Out of Water - East Coast to West Coast TransitionI was born and raised on the east coast, going to school here as well. Will be heading to New York next summer for a banking <abbr title="summer analyst intern">SA</abbr> gig.
A long-time networking connection works out in San Francisco at a top group (GS/MS tech). ...||molderingpeanuts||23 (23 new)||2 weeks|
|+5||Sector 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...||IRnerd||14 (14 new)||1 week|
|+5||Uncovering "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...||Pocket_Rockets||15 (15 new)||13 hours|
|+5||Too 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...||Asprbnker||30 (30 new)||1 day|
|+5||Will PE Start Hiring College Seniors?PE recruiting keeps on getting earlier each and every year. [https://outline.com/884yqd](https://outline.com/884yqd)
It's crazy that private equity firms are recruiting investment bankers who are just **weeks** into their jobs.
Mr. Curtis even shared his opinion in the article and...||ColdCaller||23 (23 new)||3 weeks|
|+5||Anyone 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...||EarlFromUtah||12 (12 new)||1 week|
|+5||Under valued at my jobHi,
Disclaimer: I mainly made this post to vent.
I am currently working at in a <abbr title="front office">FO</abbr> trading role at a <abbr title="bulge bracket">BB</abbr> bank. Our team focuses heavily on technology and using code to optimize...||ccca||14 (14 new)||3 weeks|
|+5||New 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>....||aptguy||17 (17 new)||5 days|
|+5||What 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...||whatsapitchbook||24 (24 new)||3 days|
|+5||Cold email mistakeSo I'm trying to find an unpaid spring or summer internship in investment management and have been sending this email out to small companies: "Hello, My name is X and I am studying Finance at Y. I'm reaching out to see if your company has any internship opportunities....||famejranc||11 (11 new)||3 weeks|
|+5||NYC 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...||futureREmogul||23 (23 new)||1 day|
|+5||New 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...||WallStreetOasis.com||4||1 year|
|+5||What coding language to learn?For those who are adept at coding, if you were to learn one language, what language would it be? ||Temujin RE||26 (26 new)||1 week|
|+5||CRE Stepping StonesLooking to get some insight into a potential strategies for a career path in <abbr title="commercial real estate">CRE</abbr>.
I'll start with the end goal first: Start my own shop and own/acquire a portfolio of <abbr title="commercial real...||CREgorrilla||15 (15 new)||2 weeks|
|+5||Wells Fargo vs. Deutsche Bank (non-NY locations): Reputation, Culture, Hours, etc.Hi guys,
I have two <abbr title="full time">FT</abbr> offers - one for Wells Fargo (they're only recruiting for Charlotte), and one for Deutsche in Jacksonville. I didn't want to work in New York straight out of college. At Wells, the pay is 100K+ with bonus,...||markiv199||18 (18 new)||5 days|
|+5||Deloitte 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...||Awilo11||9 (9 new)||4 days|
|+5||Moelis 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!||ProspectiveMonk...||23 (23 new)||1 day|
|+5||Whom do female bankers/consultants date?Given their busy schedules, in your personal experience or experience of friends, who do they usually date and who do they usually end up with? Do they typically go for other bankers/consultants, marketing, sales, artsy types, doctors, lawyers, trades people etc? ||HC2399||10 (9 new)||3 weeks|
|+5||Fashion 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. ||Ahmed-Sadman||15 (14 new)||1 week|
|+5||Breaking In: Self Transformation to Fit the "Right" Mould Excerpt from LS Hilton's "Maestra"--which touches upon what most people who want to break into finance at the highest levels, but don't have the pedigree, undergo in their chameleon like dance to fit the right mould, smooth put the rough pointy edges, and be a smooth member...||Rashers||14 (10 new)||3 weeks|
|+5||Analyst QuestionAnalyst at a development firm here. Just wondering, do a lot of analyst positions in real estate <abbr title="private equity">PE</abbr>, development, and investments require a lot of cold calling and comp gathering? I am doing some underwriting as well, but I am also...||CryptoEnthusiast||24 (24 new)||2 weeks|
|+5||I 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...||IdkLOL||21 (21 new)||21 hours|
|+4||Investment 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...||C-K.K.||25 (25 new)||1 week|
|+4||Accenture Strategy vs. Deloitte BTA vs. EY TAPI've received offers for Deloitte BTA, EY TAP, and Accenture Strategy. Because I wasn't sure what type of consulting I wanted to do and was under the impression that Technology Consulting would be heavier on data analytics than Strategy, I applied to a mix of the two and ended with...||xghlyt||18 (18 new)||2 weeks|
|+4||Any 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...||Postgradwonderer||7 (7 new)||1 hour|
|+4||Roommates in HoustonWill be spending the summer interning in Houston <abbr title="investment banking division">IBD</abbr> and looking for some roommates. I have no ties to the city, so would be open to location. Preferably looking at downtown/midtown area because of walking convenience.
If...||arb||6 (6 new)||3 weeks|
|+4||How 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...||temporairypemonkey||7 (7 new)||1 week|
|+4||hear back Hirevue SA London GS/JPM/MSHey, is there anyone who heard back from
<abbr title="JP Morgan">JPM</abbr>/<abbr title="Goldman Sachs">GS</abbr>/MS
Summer Analyst Hirevue interviews?
If yes: when, which division and how much time did it take do hear back after your Hirevue?...||Bananawarz||17 (17 new)||1 week|
|+4||Funniest Thing You've Seen on a Client Call?I'll kick things off. I'm sure there are some gems of ridiculous episodes that have occurred while on a client call/management call.
I was working with a boutique <abbr title="mergers and acquisitions">M&A</abbr> shop, and I had been thrown onto a deal...||IBD-Athlete||1 (1 new)||2 weeks|
|+4||Clearing the air with a women from work?There is a very hot, beautiful women at work who I have known for a couple of months. She has a bf. Due to the dynamics of our work relationship I have never seen her as potential dating material. Our relationship at work has always been strictly platonic. However a couple of weeks ago she...||Sergioaguero||3 (3 new)||3 weeks|
|+4||What are the best alternatives of IB (or other high finance)/Consulting if people don't get in? Looking for the best alternatives to these careers without a technical/engineering/medical/law background. Where do people that don't get in go? big 4? other than that?||vashdun||8 (8 new)||3 weeks|
|+4||BAML 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...||ms d. jones||8 (8 new)||2 days|
|+4||Pursuing 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...||davidfinn||15 (15 new)||4 days|
|+4||RBC Full-Time IBD or MS SA LondonIf they were both full-time, MS is the obvious choice. Which do I choose as <abbr title="Royal Bank of Canada">RBC</abbr> is a full-time offer??||buzzyonfire||6 (6 new)||1 week|
|+4||Multifamily DD Terms - What are you seeing?Question to all the monkeys who work in <abbr title="megafund">MF</abbr> out there: Have you recently seen a dramatic change in DD terms whether it's deposit amounts (hard money up front or just stupid $), DD periods of 10 days or less, contingency periods of 10 days...||The Creature||19 (2 new)||3 weeks|
|+4||Startup Comp Structure & FundraisingFellow Monkeys,
I am currently in discussion with a startup to join them to focus on Fundraising and business development. As a fairly early stage project, they do not have cash to pay me - I am fine with that and are suggesting a cash bonus once the fundraise is successful. Does that seem...||Pan European Monkey||8 (8 new)||3 weeks|
|+4||What 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...||benunderwood||12 (12 new)||1 week|
|+4||Should I use seeking alpha with caution?Hi,
to keep me updated and get more insights on market activity I followed the advice to subscribe for seeking alpha's 'Wall Street Breakfast'. In addition to that, how would you recommend to use the remaining information provided on seeking alpha? Should I treat it as...||hanso6||10 (9 new)||3 weeks|
|+4||What 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...||Bernie L Madoff||8 (8 new)||1 day|
|+4||How 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? ||jnhadekjs||16 (16 new)||3 days|
|+4||Anybody Trading NG?Anybody here getting into the NG market right now? Anybody getting run over or hitting it big?
Curious as to what people think about NG market and how people are trading it...||George_Banker||31 (31 new)||6 days|
|+4||What is considered diversity/URM?Hello! I have seen lots of posts about getting <abbr title="summer analyst intern">SA</abbr> offers through diversity pipelines, but have never actually seen what the consensus on the definition of diversity is. For example, Asians are generally considered minorities, but I...||undergradhardo||18 (18 new)||3 days|
|+4||In 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...||pierfranci1||15 (15 new)||1 week|
|+4||WSO Internships & Employment OpportunitiesJoin the Wall Street Oasis Team!
<h4>Open opportunities for students: </h4>
<li><a href="https://www.wallstreetoasis.com/blog/new-wso-blogging-internship">Blogging Internship</a></li>
<h4>Open opportunities for...||AndyLouis||11||10 months|
|+4||Direct 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...||iFindValue||11 (11 new)||1 week|
|+4||The 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...||REF'd_Up||25||1 day|
|+4||Rosenbaum 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?||alberto.jg||7 (7 new)||4 days|
|+4||Does 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...||ImmaYieldGuy||6 (6 new)||1 week|
|+4||How to internally network?I'm currently interning at a big 4 in a non - consulting department, and i'm wondering how do i network with consulting department without giving off the idea that i don't like my current position. What is the proper way of internally networking?||confusedkid||10 (8 new)||2 weeks|
|+4||Two Harvard grads start a camping business, make millionsCame across this
What do people think about this business? I consider it...||dsch||11 (11 new)||1 day|
|+4||Private Equity Reference CheckHi everyone, I just had a final round interview for an associate role at a <abbr title="private equity">PE</abbr> fund. I thought it went overall pretty well, however there were other candidates (who I'm sure also did just as well) but regardless I am hopeful that I...||pehopeful124||10 (10 new)||2 weeks|
|+4||Petroleum 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...||BubblePoint||12 (12 new)||5 days|
|+4||Need advice on possible opportunity in PakistanHey y'all,
So long story short. My brother's roomate's dad owns a private equity shop in Pakistan. He has offices in both Dubai and Pakistan, where his shop dabbles in a bit of everything from apparel to a major Pakistani cricket team. The firm has about $30M AUM I believe at...||mgaT||10 (10 new)||1 week|
|+4||LSE 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...||CompletelyLever...||4 (4 new)||2 days|
|+4||What to do? Role changed overnight to Real Estate Development from Back Office Accounting / FinanceI spent the past year working in an accounting/finance role at a small firm ($1BB in asset value) that initially was <abbr title="private equity">PE</abbr> but also starting to enter the development business.
Several months ago, my boss (one of the senior execs in a...||bananatoro||5 (5 new)||3 weeks|
|+4||Ground Up Development Case Study for interviewSo I was given a ground up development case study as a take home assignment for the last round of my interview with a smaller developer. The point of this exercise is to see my "ability to create a coherent, nice looking presentation of a model that is simple to read, functions correctly...||futureREmogul||6 (6 new)||1 week|
|+4||Direct 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? ||Buyside Monkey34||7 (7 new)||1 week|
|+4||Isn'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...||jnhadekjs||18 (18 new)||1 day|
|+4||How 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...||Acidophilus||18 (18 new)||17 hours|
|+4||Haven'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...||jnhadekjs||21 (20 new)||5 days|
|+4||Affect 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...||IRnerd||9 (9 new)||1 week|
|+4||Profile evaluation for top MBA programsPlanning on applying to B-school next year, and wonder if you guys could help me with some career advice.
Undergrad at Stockholm School of Economics
GMAT: 740 (50Q, 41V)
Work experience: Two years at a small <abbr title="private...||Guruno1||16 (16 new)||3 days|
|+4||6ix9ine 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,...||Dolphins Are Cool||13 (13 new)||1 week|
|+4||Do 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...||financevietnam||20 (20 new)||6 days|
|+4||Any 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?||Dollar Bill||3 (3 new)||1 week|
|+4||Paying attention to PlumbingHere is how I found a pure mind, body, and soul synced to the power of oneness.
Many of the sites I saw told me that it was important to clean my colon because of the toxins that fester in the lower GI. It all made sense to me. As we all know, or should know, the colon’s main function...||WolfofWSO||3 (3 new)||2 weeks|
|+4||URGENT: Exploding Full-Time Offers, Please Help Me Decide! (BB vs MM)Hi all,
I fortunately received two full-time investment banking offers: one for (random coverage group) at a lower-tier bulge in <abbr title="New York">NY</abbr> (think: UBS, BarCap, Deutsche), and one for (tech <abbr title="mergers and...||6ix9ine||20 (20 new)||3 weeks|
|+4||Track Record in Real EstateAt lot of times in many areas in real estate whether it be a principle firm, brokerage, debt agency etc., the decision of using your service comes down to looking at your record?
As a young person in the industry, how do you get that track record?||futureREmogul||8 (8 new)||3 weeks|
|+4||Hours/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. ||ebit_dab||7 (7 new)||1 week|
|+4||Advice/Tips on trying to relocate to a Tier 1 cityHi guys,
I'm trying to relocate from Chicago to <abbr title="New York City">NYC</abbr> or LA.
After doing some research:
I have my pitch down on why I want to relocate
I can get new ph#s from Google and addresses that are specific to the areas that I will be...||mm2009||31 (28 new)||2 weeks|
|+4||Christmas 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...||Nightman Cometh||15 (15 new)||23 hours|
|+4||When do you receive the Sign In Bonus?Hi Guys when do you actually receive the sign in bonus? I am interested in that because I need to make plans||desmond-Beyer||7 (7 new)||3 weeks|
|+4||Difference 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...||kanda85||10||2 weeks|
|+4||Low GPA, 700 GMAT Please review profileHi guys!
Here is my profile,
From Eastern europe(very small country)
Working in P&G as a financial analyst for 2 years
Undergraduate GPA around 2.0
Please help me, how can i strenghen my profile? Should i get <abbr...||John37||9 (9 new)||19 hours|
|+4||What 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...||DNMA82147||8 (8 new)||1 week|
|+4||Calculating EBITDANoob question: I find multiple different calculations of <abbr title="earnings before interest tax depreciation and amortization">EBITDA</abbr> on a given company. CapIQ says one thing, Bloomberg says another, and my own calculation says another thing. Which one do I use...||Ivan Boesky||12 (12 new)||2 weeks|
|+3||Becoming a mobster - how did they start?Hi,
just watched a short documentary on Whitey Bulger. In respect to his physical appearance, I was wondering how ppl like him became so powerful. Sure, later on one has his dirty squad, however, until then it might take some time.
Does anyone know a movie/documentary/book that actually...||Burkamp||5 (5 new)||3 weeks|
|+3||Houston/Energy Exit OppsHey All,
I'm a 2019 <abbr title="full time">FT</abbr> start at an <abbr title="elite boutique">EB</abbr> (Evercore/Lazard/Moelis) in Houston. At the junior level I will likely gain heavy exposure to <abbr title="mergers and...||wsoquestion54||6 (6 new)||1 week|
|+3||Direct Lending + Mezz to distressed debt or special situations?Curious as to others opinions and the community’s consensus but is it possible to move from a direct lending/mezz shop like a Ares, Golub, Varagon, PennantPark, Maranon, or THL credit that can invest up and down the capital structure to a special situations or distressed debt fund? ||Buyside Monkey34||4 (4 new)||2 weeks|
|+3||White 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...||tehoriginal||9 (9 new)||3 days|
|+3||Difference between 'Real estate analyst' and 'Investment advisory analyst' at HFF?Does anyone know the difference between a 'real estate analyst' and an 'investment advisory analyst' at HFF?
Tried to find info online but couldn't find anything. The only thing that comes to mind is that the Investment advisory team may be the investment sales team...||press107||8 (8 new)||2 weeks|
|+3||Why 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 high||DNMA82147||34 (34 new)||4 days|
|+3||Physical 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...||LongGamma94||6 (6 new)||2 days|
|+3||Mid-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...||temp09||7 (7 new)||15 hours|
|+3||Leveraging FT offer - Worth the risk?Hey guys,
Need your help answering a hypothetical question.
Let’s say you are currently an intern at a mid-tier investment bank in a top group (i.e <abbr title="Bank of America Merrill Lynch">BAML</abbr> LevFin). Is it worth it to risk trying to recruit toward the...||Keepsake||1 (1 new)||3 weeks|
|+3||How 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...||smithjohn57||4 (4 new)||1 hour|
|+3||Meeting people after moving to a new city?Made a burner account for this...
Back in May I graduated and moved to a midwestern city (not Chicago) to work for a F500. I dont know anyone here, all my friends and family are 7+ hours away. I’ve been here 7 months now and still don’t have a single friend or even acquaintance.
I go...||DJ D Solomon||7 (7 new)||3 weeks|
|+3||VC to HF?Currently, a <abbr title="venture capital">VC</abbr> associate executing early stage investments (Series A and B) primarily around fintech, SaaS, infrastructure; But i'm growing more and more dissatisfied with VC; I like the work, but feel like there really isn't...||SCZealot||6 (6 new)||2 weeks|
|+3||Useful macros for bankingHey guys
Im preparing for when i start full time in a <abbr title="elite boutique">EB</abbr> this summer
Im fairly new to macros and VBA but i heard it could be useful for some things in excel like:
Conditional formatting checks for:
- Net income PL flowing...||infrab1||6 (6 new)||2 weeks|
|+3||What good is a degree in business administration? Many undergraduate schools offer a degree in "General Business Administration" where rather than taking a bunch of classes in, say, accounting, you can take a variety mix of a bunch of business electives. Does this degree have any value? Or is it better to focus on one subject? ||theaccountingmajor||6 (6 new)||3 weeks|
|+3||Is it possible for nobody to get an A?Have you ever been in a class where the professor didnt give one single person an A? Is that even allowed at most institutions? ||theaccountingmajor||10 (10 new)||3 weeks|
|+3||Is 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,...||LeveredCat||9 (9 new)||1 day|
|+3||choice 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...||WanabeeTrader||6 (6 new)||1 week|
|+3||Dream Unlimited Toronto Canada?anybody knows anything about Dream Unlimited in Toronto, Canada. Specifically for their strategic finance team. What's the interview process like, <abbr title="comparable analysis">comps</abbr>, exit opps and etc? Thanks. New to real estate.||dbcr98989||3 (3 new)||3 weeks|
|+3||Wall Street Oasis Needs an iPhone AppI was wondering how come <abbr title="Wall Street Oasis">WSO</abbr> has no iOS app? I am sure it would be widely used if it were to exist. I don't know about you guys, but whenever I'm on this site using Safari on iPhone, posting comments tends to be hassle. I...||2and20||1 (1 new)||2 weeks|
|+3||Post 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...||fds||8 (8 new)||1 hour|
|+3||Get Your Resume Reviewed by Industry ProsRecruiting season is here now...so make sure you're ready for it with a <strong><a href="//www.wallstreetoasis.com/wso-finance-resume-review">Finance Resume and/or Cover Letter Review</a></strong> from one of our expert resume reviewers. Need it done in a...||WallStreetOasis.com||50||5 months|
|+3||Still can’t find anything for sophomore summer 2019...I’m a current sophomore at a non-ivy target and am having a lot of trouble finding a sophomore summer 2019 gig (mainly looking at things related to <abbr title="investment banking">IB</abbr>/<abbr title="private equity">PE</abbr>, and AM). I also had...||RocketToTheMoon||12 (12 new)||2 weeks|
|+3||Best Group at Barclays/JPMWhat is the best group to go into for summer internship/<abbr title="full time">FT</abbr> at Barclays and <abbr title="JP Morgan">JPM</abbr> in terms of exit opportunities for PE? ||alex291394||8 (8 new)||3 weeks|
|+3||Can 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...||CB to AM||6 (6 new)||2 weeks|
|+3||PE Recruiting: Deciding what firm is the best fitHey everyone,
As <abbr title="private equity">PE</abbr> recruiting chugs along, I was wondering how you decided what firm was right for you. I know that it can be extremely beneficial to go into HH talks and the <abbr title="private...||DiamondsDancing||3 (3 new)||6 days|
|+3||Why does it seem finance is a dying industry?So many people talking about automation, bonuses going down, layoffs, analyst classes decreasing in size, etc on this forum. Some of the jobs represented on this forum being declared as dead. There's articles online that say sales and trading, <abbr title="equity...||Big 4 Chadwick||19 (19 new)||1 week|
|+3||Should 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...||Making the Worl...||14 (14 new)||1 week|
|+3||Starting 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...||futureREmogul||6 (6 new)||4 days|
|+3||UBS HOUSTON FT ANALYST --- SONRU/SUPERDAYHas anyone heard back from UBS' Houston office after completing the SONRU video interview? I did mine about 2.5 weeks ago and haven't heard anything yet. Says online that my application is still being reviewed.. Hear that they want to do Superday by the end of the month from my follow...||jjmoneywatts||11 (11 new)||2 weeks|
|+3||Can 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...||Noobster1||10 (10 new)||4 days|
|+3||HFT vs. Options MMI've been fortunate enough to secure an internship at a large quant fund. Part of the internship involves a rotation to one of the two groups in the title. I have a few questions that I'd love to get a broader opinion on:
* How does the future look for these two areas? For...||BlinkTy||9 (9 new)||1 week|
|+3||Couple months into my first job out of collegeHey all, just to give some context. I am a new analyst on the electronic trading desk and I am in the product group covering the equity algos of the firm. Its been a couple of months since I started and I am learning a lot but I still feel truly lost. Is there a time frame when things begin to...||wallstreetnoob2008||7 (7 new)||2 weeks|
|+3||Car adviceHi! Need your advice. I want to buy a car, inexpensive, but quite representative, so you can ride it to meetings with clients . What do you think about this ? It is also useful for, for everyday worries . As far as I know, Ford are good cars, aren't they?||John-Gaarg||9 (9 new)||1 week|
|+3||Exit opps for corporate strategyWhat are the exit opps of doing corporate strategy type of work out of college for a fortune 50 company? The group is pretty prestigious, and mainly hires HYP kids. The type of work I am doing will consist of <abbr title="discounted cash flow">DCF</abbr> models and cash...||baloneymaloney||10 (10 new)||1 week|
|+3||Physical 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,...||winthorpeIV||4 (4 new)||1 week|
|+3||Battlefield 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. ||Big4please||17 (17 new)||1 day|
|+3||Who 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.||Ammons||6||12 hours|
|+3||Bloomberg publishes 2018 MBA rankings - thoughts?Here are the rankings
Link to full article: https://www.bloomberg.com/business-schools/2018/
What do you think?
For me, no major surprises. Johnson got a nice bump, but...||lapike||13 (13 new)||2 weeks|
|+3||H/W/S MBA path with diverse backgroundHi everyone,
I'm URM, female, military veteran from Ivy leauge. I have <abbr title="investment banking">IB</abbr> summer analyst experience at <abbr title="bulge bracket">BB</abbr> in <abbr title="New York City">NYC</abbr>...||wild wild west||6 (6 new)||3 weeks|
|+3||SunTrust Robinson Humphrey Group Choice?I've seen some other posts about STRH but nothing all too recent. I'm looking to get some info on the best groups at STRH and which ones have the best deal flow and therefore the best exit ops. Secured the <abbr title="summer analyst intern">SA</abbr> offer but...||gordonmonkey||11 (11 new)||2 weeks|
|+3||Accept Big 4 Offer?Interested in banking, but recently received an offer for EVS at a Big 4 (80k) in <abbr title="New York City">NYC</abbr>. Not having worked a single day in my life at any firm I'm pretty excited. Deadline to accept is Nov 20th, but there is potential for getting...||catcherintherye||7 (7 new)||3 weeks|
|+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...||enterthemonkey||8 (8 new)||2 days|
|+3||Blackrock Superday San FranciscoHi everyone,
Did anyone who was at the Blackrock superday on 11/2 last Friday hear back yet? If so, what division were you applying for? Still waiting but it has already been a week so was wondering what other people have heard.||chimpguys123112||15 (15 new)||2 weeks|
|+3||J.P. Morgan Wealth Management Super-day I have a Wealth Managment Super-Day scheduled for this Friday after only doing HireVue, It's going to consist of a lunch and 5-30 minute interviews. What should I be focused on for preparation/does anyone have any personal insight they can share as to what I should expect? I'll be...||zlok||25 (25 new)||2 weeks|
|+3||Profile Review: Good WE/EC, Bad GradesTarget: <abbr title="Top 7 MBA business schools">M7</abbr>
Current Age: 25
Desired Age for MBA: 28-29
UG School: Top 100; GPA: 2.5; Triple Concentration degree in Finance, Entrepreneurship, and Marketing
Nationality Info: White, Male
No official...||justphresh||6 (6 new)||1 week|
|+3||Opinion 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...||crazzymadman||7 (7 new)||1 week|
|+3||Uber IPO ValuationI was reading articles on Bloomberg regarding Uber's anticipated <abbr title="initial public offering">IPO</abbr> of 120 billion and I have a question: Why is the valuation so high if Uber's core business model isn't profitable? They're only up and...||andrewmyles80||7 (7 new)||3 weeks|
|+3||Books about "Big Short"Hello,
I'd like to mearn more about the subprime mortagage crisis. Any recommendations?
I want to focus how and when it happened and how those few investors found it.||Younghoon||6 (6 new)||3 weeks|
|+3||Is 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...||wouldacouldashoulda||3 (3 new)||1 week|
|+3||Where 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...||Postgradwonderer||12 (12 new)||14 hours|
|+3||Kayak 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...||alg78||10 (10 new)||1 day|
|+3||Chance me for Harvard 2+2Academic Stats:
I'm 23 years old, Asian, Male. Currently, a senior at Pace University (NYC) and will be joining a <abbr title="bulge bracket">BB</abbr> for investment banking credit. I was initially at Baruch College for 3 years with a 2.7GPA and will be graduating...||RichChigga||5 (5 new)||2 weeks|
|+3||GreenhillHow well did Greenhill analysts exit this year? I keep hearing in the news and sometimes on <abbr title="Wall Street Oasis">WSO</abbr> that the firm is headed on a downward trajectory, but I was wondering how that bleeds into the firm's culture, pay, reputation, and...||CubofWallStreet18||6 (6 new)||3 weeks|
|+3||Bloomberg published detailed stats on real estate MBA hiringThe number of graduates working in real estate post-MBA and compensation.
<a href="https://www.bloomberg.com/business-schools/2018/industries/real-estate"> Full article</a>................................................ ||5 million||18 (17 new)||2 weeks|
|+3||London 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...||Cpackers38||14 (4 new)||1 week|
|+3||Research Analyst CompensationWhat is the typical compensation for a research analyst in a specific asset for a big brokerage (Think JLL/CBRE/Cushman/Newmark)?||futureREmogul||20 (20 new)||2 weeks|
|+3||How 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?||jnhadekjs||15 (15 new)||2 days|
|+3||What should I do as an undergrad if I want to work for Mckinsey? Currently, in my sophomore year, have a 3.5 GPA- I think it is a little low for Mckinsey so I am trying to get it up. I go to a target school. It's my dream to work at Mckinsey and consulting is definitely what I want to do after graduating. I want to maximize my chances of getting in at...||yoonsgyeong||29 (29 new)||1 week|
|+3||Evercore vs. BAML vs. PJT PartnersWith regards to summer internships at Evercore, <abbr title="Bank of America Merrill Lynch">BAML</abbr> (IBD) and PJT in London - how do they compare in terms of deals, lifestyle and reputation/prestige?
All responses greatly appreciated!||The pay is the ...||35 (27 new)||5 days|
|+3||Do the Big 4 care about college Prestige? I was wondering about the emphasis that the Big 4 place on the name/prestige of the B-School. For example, if I really like UGA's Terry, but also got into UVA's Darden, would I be a fool to choose Terry (for accounting)? From what I can tell, there appears to be a lot less of an...||john finn||9 (9 new)||1 week|
|+3||Piper 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...||RocketToTheMoon||4 (4 new)||2 days|
|+3||Lazard Buyside Equity Research - Exit Opps: IB, PE, HF?With a Buyside Equity Research role, what are the chances of breaking into the following jobs right out of undergrad:
a. Hedge Fund?
b. Private Equity?
c. Investment Banking? ||EconomicEquity||6 (6 new)||3 weeks|
|+3||Offer 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...||jamkub||6 (6 new)||1 week|
|+3||Double major Math+Finance?Hello! Currently I'm currently a freshman at UT McCombs school of business looking to work in finance. Possibly <abbr title="investment banking">IB</abbr> or quantitative but I'm still learning about the different fields so I am trying to keep my options open. I...||BlueMonkey99||11 (11 new)||3 weeks|
|+3||Family Offices LifestyleThis has been covered in some length, but thoughts on joining a family office reporting to the CIO.
General progression in title, pay, skill set? Hours? Networking?
Low Key family office, hard to find deal info. Would also do portfolio (stock) allocation. Real Estate arm too.
$2-6B...||TouchedbyYou||3 (3 new)||3 weeks|
|+3||Ducera Partners InfoDoes anyone have any info on Ducera partners? culture, hours, comp?
Also, anyone have any insight into their interview process?||fitzmagic||6 (6 new)||3 weeks|
|+3||Had a "fit"interview with MD of ECM...Takeaways and ConcernsIf you check my recent threads I posted how I pulled a hail mary and reached out to MDs last week and all of this week handing out a research report on an industry and a related company.
I didn't include my resume when I reached out to this one MD. Fast forward and I followed up, he...||enterthemonkey||20 (20 new)||1 day|
|+3||Structural Disincentives to be HealthyI woke up this morning with a fever high enough to call in sick, which is counted as a vacation day at my bank's policies. Over the course of the day (which is still ongoing... waiting for comments) I probably did about 70-80% of the work that I normally do: dialing into conference calls,...||arkman||2 (2 new)||3 weeks|
|+3||Colony Capital Summer AnalystRecently received second-round interview with Colony Capital in LA. Curious if anyone can provide any insight on the firm or anything at all. If you know more about their summer internship program that would be great as well.
Thanks.||41seaguls||8 (8 new)||2 weeks|
|+3||Meeting 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...||enterthemonkey||10 (10 new)||4 days|
|+3||When will automation come for CRE?When do you guys think automation will come for REPE, REIB, <abbr title="real estate investment trust">REIT</abbr>, <abbr title="commercial real estate">CRE</abbr> Development and <abbr title="commercial real estate">CRE</abbr>...||cdnbig5||11 (11 new)||2 weeks|
|+3||Adjusting 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...||KubSaki||7 (7 new)||3 days|
|+3||Why 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...||jnhadekjs||4 (4 new)||18 hours|
|+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...||Leerverkauf||15 (6 new)||1 day|
|+3||How do you factor in impending politics into valuation?I am curious about how you all factor in impending political events into valuation. For example, if you think that the GOP/Democrats will become dominant in the senate (just an example, also curious about things like changes in Fed Chairman, world politics, natural disasters), what would you...||undergradhardo||3 (3 new)||2 weeks|
|+3||What are the indicators of a good management team?Hi! I have been doing some networking with different <abbr title="private equity">PE</abbr> firms, both big and small, and have always asked what their specific firm's evaluation of a target company consists of. Most of the time, I am told that management teams are the...||undergradhardo||4 (4 new)||3 weeks|
|+3||Starting in M&AI have just accepted an offer at an <abbr title="investment banking">IB</abbr>. I will be a <abbr title="mergers and acquisitions">M&A</abbr> Analyst and want to have a leg up in my competition. Any news articles I can read regularly or books that...||sestokes||5 (5 new)||2 weeks|
|+3||Background Check Traffic Citation -- Consulting OfferI recently got an offer from from a large consulting company (think Strategy&, Accenture, etc). However, I recently received a traffic-related citation in my state, with a court-date coming up. Basically I caused a minor accident, no one hurt but a car got towed. Will this impact my...||trainngen||11 (11 new)||3 weeks|
|+3||Preparation 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....||TKZ123||6 (6 new)||3 days|
|+3||Canadian Boutiques: CompensationBay street monkeys,
I'm looking to get some figures on the compensation of the smaller boutiques (INFOR, Origin, Haywood etc.) and if it differs a lot from the rest of the street.
I'm assuming base and bonus would be lower but would love to hear what you monkeys have...||neyssi||2 (2 new)||2 weeks|
|+3||First Year Analyst Housing NYC QuestionsHey guys,
Have some questions about housing for a first year analyst. Assuming no debt payments, conservative spending habits and a <abbr title="bulge bracket">BB</abbr> <abbr title="investment banking division">IBD</abbr> first year salary, is it...||stevegonz||5 (5 new)||2 weeks|
|+3||Is this legal?Hi WSO! Question about <abbr title="private equity">PE</abbr>/<abbr title="venture capital">VC</abbr>. I am wondering of the legality of this scenario: a <abbr title="venture capital">VC</abbr> fund taking a stake in a legitimate...||Ivan Boesky||9 (9 new)||2 weeks|
|+3||VC/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...||mike ross||7 (7 new)||6 days|
|+3||Tuck v Kellogg v MIT Sloan v Columbia for FinanceMilitary vet invited to interview at the above schools. Looking to break into finance, specifically <abbr title="investment banking division">IBD</abbr> after my <abbr title="Masters in Business Administration">MBA</abbr>. Looking to get real-time,...||Jmsheehan5||6 (6 new)||2 weeks|
|+3||How 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...||JudgeRudy||12 (12 new)||1 week|
|+3||Business Development at a Unicorn --> VC?Hey monkeys,
Curious about whether or not I'd be limiting my career path if I take a business development role at a tech unicorn (~$3bn company). I've been in banking at a <abbr title="bulge bracket">BB</abbr> for about a year and a half and eventually want to...||chipopo||6 (6 new)||2 weeks|
|+3||Societe Generale Summer Analyst 2019 SuperdayI recently had a Superday with SocGen for <abbr title="summer analyst intern">SA</abbr> 2019. Has anyone received offers yet? Please share if you've heard back.||brocklee123||26 (26 new)||2 days|
|+3||Can't seem to lateral, not sure whyHey guys, just had a question about the lateral recruiting process for candidates like myself already in <abbr title="investment banking">IB</abbr>. I work at a boutique firm and am trying to make the move up to a <abbr title="middle...||aijeter7||9 (9 new)||2 weeks|
|+3||WSO 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>:
|+3||Lack 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>...||wso5305||6 (6 new)||3 days|
|+3||Consulting to PE with market/commercial due diligence experienceI'm currently an associate with a boutique strategy consulting firm that specializes in market due diligence, serving primarily mid-market <abbr title="private equity">PE</abbr> shops. I have been with the firm for about 1.5 years after graduating with a Bachelors...||Duediljack||8 (8 new)||2 weeks|
|+3||My custom keyboard for IBDo most of my work on my laptop for the <abbr title="investment banking">IB</abbr> I work for. I created a custom keyboard layout using sharp keys. It's optimized for excel use. I have a num pad that I hook up to the side that isn't visible. Let me know if this is...||NYCguy8080||6 (6 new)||2 weeks|
|+3||Career 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...||Michael Jefferson||13 (13 new)||1 week|
|+3||2020 PE Recruiting for Non-TargetsCurious as to how the early process affected analysts coming from non target schools. Can anyone share their experience or what they saw from peers?||johnnybanks1||5 (5 new)||2 weeks|
|+3||Mars & Co vs KPMG Strategy Offers. Post MBAHello <abbr title="Wall Street Oasis">WSO</abbr>,
Long time lurker here and finally finished my <abbr title="Masters in Business Administration">MBA</abbr> recruiting. I've secured few offers and narrowed down to two. (I wanted to focus more on...||ConsultingChimp111||6 (6 new)||2 weeks|
|+3||Didn't apply for any 2019 SA internships until now because of family crisis; is it too late for an IBD internship?I'm a junior at a non-target school. My father was diagnosed with cancer in May and passed away in September. Between my summer <abbr title="asset management">AM</abbr> internship, dealing with the funeral/life insurance stuff/other things I haven't been able to...||Peter-Kang||5 (5 new)||2 weeks|
|+3||Free 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"...||TripleARated||1 (1 new)||3 days|
|+3||Add on acquisitions in LBOhow would one model out add-on acquisitions in an LBO? If you wanted to consolidate a local player in the 3rd or 4th year, how would that flow through the <abbr title="leveraged buyout">LBO</abbr> correctly and how would I make that accretive to boost returns?||sffinance321||5 (5 new)||3 weeks|
|+3||Argus 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...||decrebepro||6 (6 new)||3 days|
|+3||Is it Inappropriate to Negotiate My Salary? Entry-Level Offer in Rotational Program Right After CollegeI've been offered an excellent position at a large, well-respected firm in a rotational program. The compensation is what you'd expect for an entry-level program right out of college, but should I negotiate for more or is that a bit inappropriate since I am still in college?
Any...||REF'd_Up||7 (7 new)||1 week|
|+3||EY vs. Deloitte ConsultingI got an offer from EY advisory but I'm considering passing it up in order to interview at Deloitte. I would be taking up a Supply Chain Management Consulting position at both companies.
I'm mainly considering this for two reasons:
1) Deloitte generally has a bigger brand name...||mozamon||9 (9 new)||2 weeks|
|+3||Anyone 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.||greekmyth||6 (6 new)||1 week|
|+3||Career Outlook - FP&A at a Major REITI recently just landed my first job out of college at a major <abbr title="real estate investment trust">REIT</abbr> (200b+ AUM). I interviewed for several different positions there, but the interview that I performed the best was for a Financial Analyst Role that focuses...||bberg||6 (6 new)||2 weeks|
|+2||Blackstone Corporate Finance AnalystHello all,
Long time lurker here. I recently received an invite for Blackstone's Corporate Finance team. I did some research but couldn't find much information on google or <abbr title="Wall Street Oasis">wso</abbr>. Initially, I thought it'd be more...||WSO_Monkey123||6 (6 new)||5 days|
|+2||Traveling 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...||ElliotWaveSurfer||2 (2 new)||1 week|
|+2||Is comp in finance decreasing?Is comp on in <abbr title="investment banking">IB</abbr> and <abbr title="private equity">PE</abbr> decreasing every year? I've heard people argue that since bonuses are getting smaller each year, tech is looking to be a nice alternative to...||cdnbig5||7 (7 new)||2 weeks|
|+2||So you want to work at an investment bank...The odds of landing ANY job at an investment bank are slim. In fact, as you've probably already famously heard, the acceptance rate to Harvard undergrad is multiple points higher than all bulge brackets. i.e. Goldman 3%, <abbr title="JP Morgan">JP</abbr> Morgan 2%,...||FinanceWannaBe44||39 (39 new)||2 weeks|
|+2||Most needed skills for a research associate?What kind of modeling and valuation skills are needed as an associate? Is a <abbr title="Chartered Financial Analyst">CFA</abbr> becoming necessary to reach the analyst level?||PtoCFisUnderrated||3 (3 new)||2 weeks|
|+2||CS 2019 SA Group SelectionDoes anyone know when group selection is going to be? Also, when will the drug tests/background check happen?||gungun||1 (1 new)||4 weeks|
|+2||Am 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...||Flomm||3 (3 new)||1 week|
|+2||Overcoming Low GPA For FT Recruiting? Have good work experience Hey guys I'll be graduating next year and want to prepare for <abbr title="full time">FT</abbr> <abbr title="investment banking">IB</abbr> recruiting since the timeline is becoming super accelerated. For some background, I'm in Canada and go...||_money511||10 (9 new)||3 weeks|
|+2||Wells 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? ||RE Seeker||4 (4 new)||1 week|
|+2||At 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...||nfkj||3 (3 new)||1 day|
|+2||any 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!||dbcr98989||3 (3 new)||1 week|
|+2||Lateral 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...||bigcitylife||11 (11 new)||3 days|
|+2||Oaktree undergrad SA interview?Got one, absolutely no idea what to expect. Fit questions, technicals, investing questions, accounting, etc? There's nothing on <abbr title="Wall Street Oasis">WSO</abbr>, and nothing on Glassdoor. ||lakebeachadvisors||16 (1 new)||3 weeks|
|+2||I 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...||RoochieMingus||6 (6 new)||5 days|
|+2||IB 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?||monkeytomd||1 (1 new)||3 days|
|+2||PE 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...||ThrowawayAcct2||4 (4 new)||1 week|
|+2||WACC - 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?||Koalalol||8 (8 new)||23 hours|
|+2||JPM Assessment centre case studyHi everyone,
I have an investment banking full time analyst assessment centre coming up and would like to know insights about the case study? thanks!||G.London||6 (6 new)||1 week|
|+2||Sure Tier 2 MBA vs. Uncertain Tier 1 MBAHi everyone,
I am currently in the process of applying for <abbr title="Masters in Business Administration">MBA</abbr> programs. I did an international exchange program where I first studied in Europe before going to the US, and ended up graduating with degrees from both...||lookingforMBAadvice||4 (4 new)||2 weeks|
|+2||Oil & Gas NAVAll -
Attempting to pickup some O&G coverage at the office. We utilize a sell-side constructed model and I'm trying to reconcile the reserves information from the model with actual data provided by the company. I've been able to tie the PDP numbers, but I can't find where...||redraidermustang||8 (8 new)||2 weeks|
|+2||Profile 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...||Emgi||3 (3 new)||1 week|
|+2||Tricky 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
I understand when the paid is made at once, but how should I deal...||ms7896986||3 (3 new)||4 days|
|+2||What 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?||Giants123||1 (1 new)||1 week|
|+2||Job 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...||REthrowaway||4 (4 new)||2 days|
|+2||Wayfair'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,...||SmallSchool434||3 (3 new)||1 week|
|+2||Attach 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...||John-Jacobs1||6 (6 new)||2 weeks|
|+2||Moving 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...||Leo Bloom||3 (3 new)||1 week|
|+2||What is High Finance? Is this just a made up term? What's middle and low or even atmospheric finance? Can someone define?||Distressed Indu...||8 (8 new)||13 hours|
|+2||How hard do Directors/Executive Directors Work in Banking?Hey guys...I was just wondering how hard bankers above the VP position work at boutique investment banks as I got an offer to join a reputable boutique yesterday. Before accepting, I want to make sure the environment I will be joining will help me in my career and that I can learn from people...||Hit_F9_Dude||2 (2 new)||2 weeks|
|+2||Compensation 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...||Deter6895||6 (6 new)||17 hours|
|+2||I'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...||WolfofWSO||1 (1 new)||1 week|
|+2||Tiny 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...||cone45||2 (2 new)||1 day|
|+2||Goldman 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!||vechains||7 (7 new)||1 week|
|+2||UBS Real Estate & Private Markets - Summer Analystjust applied for this internship, anyone know anything about it or have experience in applying for this position||chimp123454321||1 (1 new)||1 week|
|+2||How to prepare myself for upcoming PWM internship???I will try to keep this short. I come from a non-target school, 3.3GPA, but investment is all my passion, and I have been investing (equity, options, and recently commodity futures) since middle school (Chinese market and then changed to US market when immigrated). like everyone else, I was...||peterlam3316943||2 (2 new)||1 week|
|+2||Accenture Management Consulting Final Round (CDP)Hi Everyone,
Was hoping to gain some insight before my final round interview with Accenture for their Management Consulting Practice. Can anyone speak to their experience with final rounds for MC? I know there will be a case but I am assuming it will be different than the standard ones...||onemanarmy||7 (7 new)||1 week|
|+2||Private 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...||Somersethorn||1 (1 new)||1 week|
|+2||S-4 vs 424BHey there,
can s/o tell me the difference between an S-4 and a 424B filing?
To my knowledge the S4 is necessary if an acquiring company wants to use a consideration that is at least partially composed of shares or public debt. But what about the 424B (prospectus)?
Hanso6||hanso6||3 (3 new)||2 weeks|
|+2||Blackrock 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...||excelmodels_cok...||1 (1 new)||4 days|
|+2||Relative ranking of quant trading intern programs?How do firms such as Citadel, Optiver, Jane Street, Virtu Financial, Akuna, and SIG compare in terms of the value that their internship programs add (in terms of learning and resume strength)?||financemajor4||7 (7 new)||2 weeks|
|+2||Why are there no Investment Banks with Partnership models?In the business world, most firms offering professional services have a partnership model such as accounting firms, law firms, consulting firms, and private equity firms but not investment banking. Is there a reason for this? Goldman is the only bank I could think of that has...||wallstreetpop99||7 (7 new)||2 weeks|
|+2||Commuting: What happens in snow?I have been commuting since September on Metro North from Connecticut. This is new to me. What happens in the snow?||voreason||4 (4 new)||2 weeks|
|+2||Best 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...||HYUNG JUN-LIM||2 (2 new)||6 days|
|+2||Anyone 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?||jtl1002||6 (6 new)||1 day|
|+2||What should you list under the "minimum salary requirement" on a job application?If you know full well that the market rate for a specific job is $70k a year but the minimum you would accept personally is $50k. Should you list $50k+ on the "minimum salary requirement" section? If you do this and get called in for an interview, will the hiring person offer you the...||TheBestMan||18 (1 new)||2 weeks|
|+2||if accounts receivable goes down by 100, what happen to 3 statements?what I think is as below...
IS: No change since it has been already recorded as revenue
W.C decrease by 100
Net change in Cash increase by 100
Account receivable -100
is this right?
But, on youtube, one of the videos from...||vanggoo||4 (4 new)||3 weeks|
|+2||IB's most likely to accept non-targets for summers internships.Hi Guys,
I go to a non-target in the UK, I've applied for some fairly prestigious asset managers and IB's (PIMCO, <abbr title="JP Morgan">JP</abbr> Morgan, Moelis) but understand that they probably won't accept me.
To hedge myself, I'm essentially...||benunderwood||3 (3 new)||2 weeks|
|+2||Refinance 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...||GoldenCinderblock||8 (8 new)||6 days|
|+2||Top UBS groups?Can anyone weigh in on what groups w/in <abbr title="investment banking division">IBD</abbr> at UBS are considered their best? Any location. Based on senior talent, exits, dealflow etc.
Thanks,||arb||1 (1 new)||2 weeks|
|+2||Acquisition/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...||bukos||4 (4 new)||1 week|
|+2||Situation of internationals at Top 20 US MBAhttps://news.efinancialcareers.com/uk-en/327749/trump-effect-scaring-off-one-wall-streets-key-recruiting-cogs?_ga=2.14305719.1267339256.1541777540-1210063983.1541777538
Hey there folks-just want to get some perspective on how the situation is looking for internationals at Top 20 US MBA...||wolfofnorthpart...||8 (8 new)||3 weeks|
|+2||I'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....||Ibanker1265||2 (2 new)||1 day|
|+2||ildfj sdlkjfkldsjf aslkfj lsdjdflsaj ldkfj dskljf lka;j flkds jflkjdsalkfj ldksajf lkdsj flkdsj flkdsj flkdsj lkfjdksljf lkdsj flkdsj fldsj ||jonathan-wang3||8 (8 new)||2 weeks|
|+2||Beta hedging with options?How do you beta hedge with two options that have different underliers? In other words, how would one reproduct a typical long/short pair-trade with options?
Let's say you are going to buy AAPL 1month Calls 5% OTM, and you want to hedge it by buying SPY's puts: How would you...||Capital Returns||5 (5 new)||2 weeks|
|+2||Funds that invest in illiquid opportunitiesHi guys:
What are some funds that invest in illiquid opportunities, but are not traditional <abbr title="private equity">PE</abbr> shops please? When they hire, what kind of people do they usually look for?
Thanks||CU04||7 (7 new)||4 days|
|+2||MM IB vs. Private Equity FoF summer analyst, what should I take?So I am exploiting two offers right now, one from a <abbr title="middle market">MM</abbr> <abbr title="investment banking">IB</abbr> (think Key Bank, Fifth Third, ) at their HQ (not a major city) and one from a major Private Equity Fund of Fund (think...||Feedmeeee||9 (9 new)||3 weeks|
|+2||Leaving 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...||Leverup13||1 (1 new)||4 days|
|+2||Which offer to take? (UBS/DB/Two Sigma/Jump/Flow Trader)I have knowledge in both trading and programming, hence, I applied to different roles. Which one of the options look the best to you (Just from the career progression and compensation perspective)?
1. UBS/<abbr title="Deutsche Bank">DB</abbr>/<abbr title="Credit...||Wanderful||8 (8 new)||2 weeks|
|+2||Fundless 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...||LowMidMarket||1 (1 new)||2 days|
|+2||Venture 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...||needs_advice||2 (2 new)||1 week|
|+2||Is getting an interview with Citadel an impressive achievement in itself?Is getting an interview with Citadel an impressive achievement in itself?
Even if no call back after first round.||therich06||11 (11 new)||2 weeks|
|+2||Operations - Good & BadMy first of several planned posts regarding Operations roles at an investment bank [So you want to work at an investment bank](https://www.wallstreetoasis.com/forums/so-you-want-to-work-at-an-investment-bank) seems to have become fairly controversial, but I think it’s important that you...||FinanceWannaBe44||1 (1 new)||1 week|
|+2||Transfer from UCLAI am currently thinking about transferring to either Northwestern or Cornell from UCLA. I know both schools are extremely competitive to get in as the transfer acceptance rate is really low. Just wondering if I can get in either one of them, would it give me a much better chance for IB?||NYG||9 (9 new)||3 weeks|
|+2||Timing 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...||Pokemon Master||1 (1 new)||1 day|
|+2||Unpopular opinion, airplane travel doesn't suck anymoreAirplane travel used to be terrible, but not anymore. The security lines move quickly and they have enough staff to keep the wait times down. There are tons of good restaurant and drink options within airports and the prices are pretty much the same as in the city. Phone chargers everywhere and...||famejranc||9 (9 new)||2 weeks|
|+2||SVB LeerinkSVB announced it's acquiring Leerink. Any thoughts on this and what it means for Leerink?
[Press Release](https://www.svb.com/news/company-news/svb-financial-group-to-acquire-healthcare-investment-bank-leerink-partners/)||npl9||1 (1 new)||2 weeks|
|+2||Worried my career in finance is over before its begun....Hey guys,
First post on here... I am graduating from Western Connecticut State University with a BBA in Finance in a month. Currently I have 0 job prospects though I have doing a lot of applications. My GPA is a 3.5 and I have done 3 internships. One at Wells in Equipment Finance, one at IBM...||p.hetherington01||8 (8 new)||2 weeks|
|+2||Internal 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....||Returnofthemack||8 (8 new)||1 week|
|+2||Reneging a bank for a non-bankIf I need to renege a bank for another company that is not a bank, should I tell the people at my bank what company it is? What if they ask? For the record, the company I am joining is not in financial services, and the two companies do not compete. ||jonathan-wang3||8 (8 new)||2 weeks|
|+2||FT 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...||chimpochimp||1 (1 new)||1 week|
|+2||Oxford 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...||mak14||14 (14 new)||2 days|
|+2||Should 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...||thebooks118||6 (6 new)||1 day|
|+2||Job Advice: Consulting vs. PE vs. Private LendingI am new to Wall Street Oasis. However, I am struggling with making a full-time job decision and think that you all might be able to offer some advice. I am currently a senior at a target school, completed an internship last summer at a hedge fund, and have offers from the following three firms:...||NJGal||2 (2 new)||3 weeks|
|+2||Deferred 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...||TheSleepyBanker||2 (2 new)||1 week|
|+2||Want 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...||Bugsbunny7||7 (7 new)||1 week|
|+2||Graduating 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...||Dizzybird||7 (7 new)||15 hours|
|+2||Do most MBA hires at MBB have prior MBB experience? Do <abbr title="McKinsey, Bain and BCG">MBB</abbr> prefer prior <abbr title="McKinsey, Bain and BCG">MBB</abbr> experience (as an analyst or associate recruited after undergrad) while recruiting <abbr title="Masters in Business...||Eddie9999||13 (13 new)||3 weeks|
|+2||Do 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...||silverace||8 (8 new)||1 week|
|+2||Biotech 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?||analyzer||2 (2 new)||2 days|
|+2||Profile Review for M7/T10GMAT: 750, IR7, W5.5
Undergrad School: US News Top 30
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...||Eddie9999||6 (6 new)||20 hours|
|+2||HFF 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...||abc1324||5 (5 new)||3 days|
|+2||What is the best choice for a non-EU citizen to get a job in European IB between Bocconi, St. Gallen, and SSE MSc Finance?Hello Everyone!
I am an undergraduate graduating 2019. After getting rejected by HEC, I am currently applying for the aforementioned schools in Europe. Which would you say is the best if I aspired to pursue a career in Europe <abbr title="investment banking">IB</abbr>....||wsoluciano||6 (6 new)||3 weeks|
|+2||Entry multiple in LBO?I'm running an <abbr title="leveraged buyout">LBO</abbr> for a case study and the prompt was open ended so I made general operating assumptions to growth and margin, capex, NWC, etc.
For the entry and exit multiples, I based it off of select precedent transactions...||sffinance321||1 (1 new)||3 weeks|
|+2||Lazard Industry Groups -- Exit Opportunities?I'm an incoming <abbr title="summer analyst intern">SA</abbr> and I've heard that some Lazard groups place much better than others for buyside roles. What groups do you see best represented in top tier <abbr title="private equity">PE</abbr>...||AspiringHardo||1 (1 new)||3 weeks|
|+2||is 40yo toooo old to apply for a PhD entry associate consultant position?Hi guys,
I am turning 40 this year, and currently finishing my postdoc training in Harvard med. I graduated with my Ph.D. degree 2 years ago, and I have around nine years of working experience in the clinical pathology lab.
I recently attended an informational session from BCG and found...||JohnWayneG||26 (26 new)||3 weeks|
|+2||When will robots take over completely?What year do you guys believe robots will completely, 100% take over the workforce? I've heard estimates from 50 years all the way to 500 so there's no clear answer.
How many years from now do you think all jobs will be gone?||Big 4 Chadwick||6 (6 new)||2 weeks|
|+2||Winter 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,...||Cethad-Omes||1 (1 new)||1 week|
|+2||How 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...||TurdFerguson26||1 (1 new)||2 days|
|+2||Lost 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...||dontbugme||1 (1 new)||13 hours|
|+2||Antares Compensation and Exit OpsHey, so I recently got an internship offer for the summer with Antares Capital in Chicago.
There's pretty limited information in the database about compensation and exit opps should I decide to stick around after my summer there (the internship pay is not prorated salary).
I was...||TheoSmith98||2 (2 new)||2 weeks|
|+2||Current 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...||OllieB||1 (1 new)||2 weeks|
|+2||Development 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...||JW199619||3 (3 new)||3 days|
|+2||BeesCan 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...||WolfofWSO||10 (10 new)||3 days|
|+2||Does luck play a big part in BB IBD analyst performance review?I am joining a <abbr title="bulge bracket">BB</abbr> <abbr title="investment banking division">IBD</abbr> <abbr title="full time">FT</abbr> analyst class with prior work experience. In my current employer, luck plays a big part of...||returntoforever||1 (1 new)||2 weeks|
|+2||Off The Beaten Track - Summer Ops Intern - Tier 1 BB PB Analyst - Tier 1/Tier 2 BB Senior Analyst S&TWanted to use this opportunity to give back to the community, and let people know that you can always transition careers on Wallstreet.
I graduated from a semi-target top public university, but virtually a non-target for <abbr title="Sales and Trading">S&T</abbr>....||Taroon007||5 (5 new)||2 weeks|
|+2||Can I get energy investment banking from Booth or Columbia MBA?like 60% of the associates on linkedin are from McCombs which makes me worried ||DNMA82147||8 (8 new)||1 week|
|+2||What Type of Leader Are You?There are many styles of leadership. The crazy, loud, demanding, intimidating ones. And the ones we actually don't hate and give guidance and mentorship to us. An amazing book that teaches about amazing leadership is definitely HTWFAIP, which I am sure most of you guys have heard of.
Do...||DonalDayUmTray||2 (2 new)||4 weeks|
|+2||Investment 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? ||monkey sleeps||2 (2 new)||1 week|
|+2||PE 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!||DCF_king||3 (3 new)||5 days|
|+2||Wharton Interview aka TBDAnyone have experience with Wharton interviews post 2012 (aka team based discussions)? Any advice would be appreciated.||mayzin||1 (1 new)||3 weeks|
|+2||Do 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...||Margin Carl||6 (6 new)||2 days|
|+2||Crossroads 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...||JBanksohn||1 (1 new)||1 week|
|+2||M&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...||therowdygent||6 (6 new)||3 days|
|+2||You think Jeff Bezos/Amazon would ever buy a bank?Morgan Stanley & Goldman Sachs have about $100 billion Market Cap and Amazon is trying to get into banking. You think they would ever be allowed to buy a bank maybe even aiming higher lik BofA or something||7iismail||10 (10 new)||2 weeks|
|+2||Corp 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...||dywm||1 (1 new)||3 days|
|+2||While 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...||Junior FI||7 (7 new)||4 days|
|+2||Second Interview at Quasi-PE Real Estate Investment & Specialty Finance FirmFirst <abbr title="Wall Street Oasis">WSO</abbr> post so I know I may get ripped for not posting in the right threads. As the title states, I have a second interview for an Investment Analyst position with a Southeast-based firm. The firm primarily serves as LPs (mezz debt,...||AssManager||1 (1 new)||3 weeks|
|+2||Got an offer for Oliver Wyman, should I still apply to MBB? I decided to interview at "Tier 2" consulting firms before I interviewed at <abbr title="McKinsey, Bain and BCG">MBB</abbr> to practice as realistically as possible, and I managed to get a full-time offer at Oliver Wyman while at it. The offer is great and I...||jabusiness||3 (3 new)||3 weeks|
|+2||Tech 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...||takenotes08||1 (1 new)||1 week|
|+2||Net Working Capital assumptions?I am building out an <abbr title="leveraged buyout">LBO</abbr> from a <abbr title="confidential information memorandum">CIM</abbr>. If the <abbr title="confidential information memorandum">CIM</abbr> doesn't provide...||sffinance321||6 (6 new)||3 weeks|
|+2||How important is your network?Is it stupid of me to want to move to <abbr title="New York City">NYC</abbr> right after college to get some work experience and the “experience” of living in a big city when I know I will want to move out of there in 5-7 years? I can’t see that lifestyle being a long...||MogulInTraining||9 (9 new)||2 weeks|
|+2||Deutsche 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...||PurpleSocks||3 (3 new)||1 hour|
|+2||Which Valuation Technique for each sector in Equity ResearchAs the title implies, which valuation technique are generally more useful for each sector? More specifically, if one were to interview for an associate position and were asked the sector that most interests them, I presume they'd then be asked something along the lines of the type of...||IRnerd||4 (4 new)||13 hours|
|+2||experienced BB S&T -> non-market -> Quant Funds (?)Hi,
Till recently I was an Index/<abbr title="exchange traded fund">ETF</abbr> derivatives trader for an European <abbr title="bulge bracket">BB</abbr> for 5y (+5y in structuring before that) trading quantitative investment strategies and options....||free_radical13||1 (1 new)||2 weeks|
|+2||Analyst 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...||-caP1taL1sm..||3 (3 new)||1 week|
|+2||Dell FDP vs. GE FMP (and upcoming interviews)I'm a Junior at a non-target school for MC firms, who's hoping to just build a good enough resume by next year to get the attention of those firms (for full-time ops). I've had an internship at the biggest healthcare provider in my state, and a pretty interesting resume beyond...||kattoul1||6 (6 new)||3 weeks|
|+2||Networking 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...||Poseidon_||3 (3 new)||31 min|
|+2||Is TAS (Big 4) an industry prone to automation?While audit has a risk of automation, I was wondering if other Big 4 services like TAS for example are at risk of automation or is a dying career.||grandpajohnathan||3 (3 new)||4 weeks|
|+2||is enterprise value 0, if equity is 100, and cash is 100?I had an interview and the interviewer said the answer was something about "net debt."
The question was this: if the company has equity of 100, and cash of 100, its enterprise value would be 0 then?
I said no...intuitively...
but could not elaborate it anymore..
Then the...||vanggoo||5 (5 new)||3 weeks|
|+2||Withdrawing 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...||tranche||7 (7 new)||5 days|
|+2||Financial 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...||MCPO56||2 (2 new)||1 week|
|+2||Valuation 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...||Ballingwithabudget||6 (6 new)||3 days|
|+2||Am 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...||Models n Bottles||6 (6 new)||1 week|
|+2||Positioning yourself with headhunters for niche private equity rolesI'm applying for a niche space within <abbr title="private equity">PE</abbr>. I currently have a headhunter repping me for a firm that does what I want, but she doesn't know about my longstanding passion/interest in the space. Should I call her cell and tell her,...||cthegr8||6 (6 new)||3 weeks|
|+2||What 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?||Discounted Smas...||19 (19 new)||5 days|
|+2||Goldman SSG Upcoming Interview....................................................................................................||INeedASpaDay||2 (2 new)||4 days|
|+2||GS/MS/JP vs UBS/DB/CS, should I stay or should I go?Hi Monkies,
I am currently employed at <abbr title="Goldman Sachs">GS</abbr>/MS/<abbr title="JP Morgan">JP</abbr> in a <abbr title="front office">FO</abbr> role, but in one that doesn’t build the skills I think I need to...||Yogono||2 (2 new)||3 weeks|
|+2||Non-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...||straighttohellxo||14 (14 new)||4 days|
|+2||How 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...||4SeriesBMW||7 (7 new)||1 week|
|+2||WSO 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...||WallStreetOasis.com||18||2 years|
|+2||... deleted ...................................................................................................................................................................................................................................................||michigan10483||8 (8 new)||1 week|
|+2||Moving 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...||Erinyousee||2 (2 new)||1 week|
|+2||[UPDATE] Restaurant Owner/Chef Seeking Advice for MBAHow's it hanging Monkeys - I made a post in July about my chances at being admitted to a top MBA program ([original thread](https://www.wallstreetoasis.com/forums/restaurant-ownerchef-looking-for-mba-advice)) and received some feedback requesting that I elaborate on my background, how I...||bkzen||2 (2 new)||3 weeks|
|+2||Advice 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...||Bob Loblaws Law Blog||1 (1 new)||2 days|
|+2||Switching Locations after Accepting OfferI accepted an offer at a non-NYC office at a <abbr title="bulge bracket">BB</abbr> a few months ago for <abbr title="full time">FT</abbr> and now am starting to regret my decision. If I talk to HR, do you think there is a chance they could/would let me...||plshelpmethx||9 (9 new)||2 weeks|
|+2||Asset 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...||Leverup13||8 (8 new)||3 days|
|+2||Northwestern 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...||rocket77450||8 (8 new)||2 days|
|+2||Conflicting Superdays, can't decide which one to go to, need adviceI have a superday for a long only asset manager with about $20-50B in AUM and <abbr title="bulge bracket">BB</abbr> <abbr title="equity research">ER</abbr> coming up on the same day. I'm deciding between the two primarily based off of the chance...||lakebeachadvisors||9 (9 new)||2 weeks|
|+2||Opinions on Citadel SecuritiesI received an offer from Citadel Securities as well as a few other shops (e.g. Optiver/IMC/DRW/SIG). While I am able to find out a lot about these other shops, there's not much about info on Citadel Securities. Does anyone know what it's like to work there? I heard the turnover there...||some advice||1 (1 new)||3 weeks|
|+2||Software Engineer looking for career adviceHi Fellow Monkeys,
I've been thinking about the future of my career, and wanted to get some input from people who may have been in or seen a similar situation to mine. I recently graduated with a degree in Computer Engineering from University of Maryland, and began full time work as a...||Kumquant||5 (5 new)||2 weeks|
|+2||Equity 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...||DisGuyDucks||3 (3 new)||4 days|
|+2||Team Lunch - dress code themeOur team is trying to do a team bonding lunch with a dress code theme. Please recommend a cool theme for us? Thanks.||ayy||2 (2 new)||4 weeks|
|+2||Should I shave my beard *completely* for interviews even if I have a baby-face?I'm about to begin interviewing for <abbr title="investment banking">IB</abbr>/<abbr title="asset management">AM</abbr> internships for Junior year summer. I have always had a baby-face, and if I shave, I look a solid 5 years younger than the 24...||philbegas||6 (6 new)||2 weeks|
|+2||Timeline after getting an offerI have been recently interviewing with a few real estate companies in various aspects (debt/equity brokerages, private investment firm, development firm).
All of these companies are on the smaller, flexible side and if I am to get an offer from one of these companies, and still want to...||futureREmogul||10 (10 new)||2 weeks|
|+2||Places 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?||lloydbanks||1 (1 new)||3 days|
|+2||Is 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...||Burkamp||5 (5 new)||2 weeks|
|+2||Does NYU MBA place entry-level analysts?Short back story: I’m from a small town and a small state. I went to a small, non-target state university and majored and earned bachelor’s in both Finance and Economics. I worked full-time in retail management throughout school while maintaining a 3.6 GPA. At school I was part of both the...||Am2233||3 (3 new)||3 weeks|
|+2||Struck out in job recruitment at a target school. Go teach in Asia? So this is going to sound a bit absurd, but basically, I struck out in recruitment. Didn't get a full-time offer, and it's not looking too good for me. It's funny because I knew since high school I wanted to do investment banking, had to go to a target school and get good grades,...||EarlFromUtah||5 (5 new)||3 weeks|
|+2||Haven'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...||sffinance321||7 (7 new)||2 days|
|+2||LBO modeling for co-investment?Does anyone in co-investment groups or private equity firms know or understand how the modeling for co-investments work? If so please let me know how this is modeled out and how different it is to traditional buyout <abbr title="leveraged buyout">LBO</abbr> models!||sffinance321||4 (4 new)||3 weeks|
|+2||Top 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...||amda279||4 (4 new)||1 week|
|+2||College junior still looking for internship in s&t... any middle market banks that still are recruiting/havent started yet?Hey all, curious if anyone can help point me in the right direction and suggest some (smaller?) banks in the <abbr title="New York City">NYC</abbr>, Boston area that are still recruiting/haven't started recruiting for summer internships yet? I've looked everywhere...||Just a college ...||2 (2 new)||1 week|
|+2||Why 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...||GoldenCinderblock||2 (2 new)||1 week|
|+2||Lazard 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>...||mg19||6 (6 new)||1 day|
|+2||Joining 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 the...||Pan European Monkey||2 (2 new)||52 min|
|+2||Do 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?...||wjs345_1||6 (6 new)||4 days|
|+2||Ticket 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...||NoJobProspectsI...||10 (8 new)||5 days|
|+2||Davidson vs. UNCHello,
I am a senior in high school planning to major in Econ and I have to make a choice between the two schools. I plan on pursuing <abbr title="investment banking">IB</abbr> after college. Objectively, which school will be better for:
-Job recruiting in Charlotte
-Job...||DraxxThemSklounst||7 (7 new)||2 weeks|
|+2||Following up 3 times vs 2 times?Just was curious if it was ok to follow up three times vs 2 times to someone who hasn't replied to my past two emails. I know that the end of the year is a busy time so I'd rather just send another email as a reminder 2-3 weeks after my second one was not replied to. Is this alright?||John-Jacobs1||8 (8 new)||3 days|
|+2||Compensation MeaningCurrently interviewing for a job, and haven't come to the conversation about what the salary is but on the job posting it is listed as " Highly competitive and progressive commission structure"
What does this exactly mean? Base plus commission? Or just commission?||futureREmogul||7 (7 new)||2 weeks|
|+2||Starting AM Fall Co-op, any good reading material?I'm starting soon and wanted to know what I could do to sharpen my skills besides working on Excel and whatnot.||TheShah||4 (4 new)||3 weeks|
|+2||Institutional sales or Equity Research I have two <abbr title="summer analyst intern">SA</abbr> offers and need help with a decision
1) Alternative Investment Institutional Sales at a big buy-side firm
2) <abbr title="equity research">ER</abbr> at a <abbr title="bulge...||John Walker||5 (5 new)||2 weeks|
|+2||BlackRock 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 have||Did I get ghosted||7 (7 new)||27 min|
|+2||Firms 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...||ChiWildcat11||3 (3 new)||1 week|
|+2||MBB Background Check: Lying on Resume........................................................................................................................................................................||NNLaughs||9 (9 new)||1 week|
|+2||For other junior equity research associates working on the sell-side out there, what was the culture like for you?Right after college, I worked as a sell-side equity research associate for one year before I jumped to a buy-side fund. At the sell-side gig, I had almost zero client interaction, I guess because (1) there were not enough clients to talk to and (2) my senior was quite protective of his client...||Imnotasmartass||6 (6 new)||3 weeks|
|+2||Year End Rush | Debt FundsAre all of you starting to feel/experience a year end rush with lots of deals being signed up?
How are all of your teams handling all of the requests? Do any of you outsource underwriting/memo writing?||hard assets||4 (4 new)||1 week|
|+2||Monthly WSO Meet Ups Around the World: NYC, London, Toronto, Chicago, SF, HK, DC, Boston, LA, Houston<abbr title="Wall Street Oasis">WSO</abbr> meet ups are being planned every month around the world. To ease in planning, these are held at the same day of the month, same time, same venue. We are still on the hunt for a venue in LA, if you have an idea shoot me a pm. Join...||AndyLouis||2 (2 new)||2 weeks|
|+2||FLDP or Controller at F500 O&G<abbr title="Finance Leadership Development Program">FLDP</abbr> programs are seen by a majority of people in the CF world to one of the more coveted CF jobs out of undergrad. I am curious as to what you all think which route will lead to better exit opportunities in the...||OSU8686||6 (6 new)||3 days|
|+2||cold application or contacting employmentJust a general question regarding applications for internships/jobs...
Would anyone recommend reaching out to current employees prior to submitting your app? Not to beg for an endorsement but to sincerely ask them about their current position and how they were able to become employed by the...||ludwig.von.mises||1 (1 new)||1 week|
|+2||Venture Capital Canadaanybody knows any good <abbr title="venture capital">VC</abbr> shops in Canada beside <abbr title="venture capital">VC</abbr> arms of pension funds ? firms like real ventures, extreme venture partners and etc. Thanks!||dbcr98989||15 (15 new)||5 days|
|+2||Cold Calling Script helpI'm in the process of cold calling some nearby firms as they don't have any email or specific contact info for their employees. I tried mailtester but none of the combinations yielded any results. Just wanted to get an opinion on how my script is so far
Hi My name is XYZ and I am a...||John-Jacobs1||11 (11 new)||3 weeks|
|+2||Modular Real Estate Construction Hi All,
I'm giving a quick presentation for one of my undergrad classes regarding the opportunity for modular real estate construction. I'm specifically looking for information regarding financial incentives such as increased returns vs. traditional construction, as I am aware of...||ab1450||7 (7 new)||2 days|
|+2||Very new at MBB, stressing over learning curveVery recently started at an entry level consultant position at <abbr title="McKinsey, Bain and BCG">MBB</abbr> (only a couple of weeks). Prior to this I worked at a small financial firm at a relatively stress-free environment - especially in comparison with management...||Joanna19||1 (1 new)||1 day|
|+2||Evercore PFG or BAML M&A? (London)Looking for some advice on deciding on Gradprogramme. Evercore PFG or <abbr title="Bank of America Merrill Lynch">BAML</abbr> (M&A) for the London office? Does anyone know how difficult/easy it is to rotate within Evercore?||SER1||5 (5 new)||4 days|
|+2||Barclays 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)||ladbet||7 (7 new)||2 days|
|+2||Is the competition for internships overhyped?I am a freshman at a southern semi target and i'm just wondering when is the crucial time to secure internships if we are being realistic. I have 1 relevant summer internship under my belt and i'm not sure what to do this upcoming summer or if my current experience would be sufficient...||CS001||9 (5 new)||3 weeks|
|+2||Inflation Options - liquidity of market, players, more information?Hey guys, does anyone know anything about Inflation Options? Are these actively traded? What is the liquidity compares to Inflation Swaps (EUR or USD) and to Swaptions (again, EUR or USD)?
In particular, I am asking these questions on the European inflation options market.
Thanks a lot...||ForTheDream||8 (8 new)||1 week|
|+2||Stories about when a client roasted your MDWould be fun to hear if you have any stories about when your MD/Director got roasted by a client in front of you as well as what the client/MD said||EastB1||3 (3 new)||1 week|
|+2||What does starting on 3rd base mean to you?A lot of people on this forum talk about how some kids "start on 3rd base and think that they hit a home run"
What do you think starting on 3rd base looks like?||ToPimp4ButterBurgers||5 (5 new)||3 weeks|
|+2||Washington and Lee for NYC EB/BBHey everyone,
I'm trying to ascertain how good Washington and Lee is for <abbr title="New York City">NYC</abbr> <abbr title="bulge bracket">BB</abbr>/<abbr title="elite boutique">EB</abbr>. Any insight/anecdotes/knowledge...||Blue Ball||11 (11 new)||2 weeks|
|+2||Discussion and Questions about Automation in the Business WorldAlright, so this subject has been bugging me for a while. I'm not necessarily concerned about automation, more curious so hear me out.
First and foremost it's obvious certain jobs are safer than others. Jobs like baristas, tellers, cashiers, waiters, truck drivers, data entry, and...||grandpajohnathan||10 (10 new)||2 weeks|
|+2||Is There Office Politics In Sales & Trading?We have all heard about the sheer height of office politics in Investment Banking. I am sure it leads some of us to wonder what is this like in sales and trading? We have all heard about the meritocratic environment, but, can anyone share some light on any instances of dealing with blatant...||Dollar Bill||4 (4 new)||4 days|
|+2||IMD Superday for GoldmanHi everyone,
I'm a sophomore studying at a West Coast target, and I'm in the interview process for Dallas IMD. After finishing my hirevue around 2 weeks ago, I got an invitation for an IMD superday for this upcoming Tuesday. However, the recruiter told me that the superday will be...||Trojan1999||7 (7 new)||2 weeks|
|+2||IB> Buis Dev> ?Hey Guys, I don't usually post here but I am an avid reader. So i guess as you can see from my title, I went from <abbr title="investment banking division">IBD</abbr> to Bus Development (My functions are pretty much of an in-house investment banker, origination,...||Birdy786||8 (8 new)||3 weeks|
|+2||Lateral from Piper Jaffray MN to better MMs or BBs in NYC/BOS/DC/CLTIf I accept an Analyst gig at Piper Jaffray MN in a group with low/questionable deal flow, will I be able to lateral to a better <abbr title="middle market">MM</abbr> or BB? How long do I need to wait before switching? What will make me marketable to other banks?
I am...||Intern101||9 (9 new)||3 days|
|+2||First job experience, PE/VC Tech FocusHi guys, first time posting here.
First internship experience and have an interview with a little investment team, tech focus. I know the basics for <abbr title="investment banking">IB</abbr> interview, any advices on how to master a <abbr title="private...||theGodfather||3 (3 new)||1 day|
|+2||New Case Webinars in WSO Hedge Fund Prep PackOver the last 12 months, we have made a big effort to improve our hedge fund interview prep package by bringing to you relevant webinars with interview advice and actual investment pitch walk-throughs...I think for those of you that don't watch the webinars, it would be helpful to give you...||WallStreetOasis.com||1||1 year|
|+2||TPG Growth GroupI have heard a lot about how elite TPG growth is but I can't seem to find any information on the growth equity part of the group? What is it like? How do you enter it? Do they follow a bottom up sourcing model like Summit Partners? Anything about TPG Growth at all would be great to hear||friendofafriend||13 (6 new)||2 weeks|
|+2||Thoughts 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...||guacho1||1 (1 new)||1 week|
|+2||Bad GPA and 6 years of undergradHi all, long time user but posting on an anonymous account for privacy reasons.
Long story short, I have never been a great student. I have worked hard to get some solid work experience as an intern, and have worked at two different investment banks for 5 months each, a LMM private equity...||AnonymousStudent||4 (4 new)||2 weeks|
|+2||Is it weird to follow up after 1 month if I followed up after 1 week with no response?Just was curious if it would be appropriate to follow up after my follow up had no response. Was curious if this was acceptable as I don't want too seem annoying. So email (no reply) > follow up after 1 week (no reply) > follow up after 1 month (?), would this be fine?||John-Jacobs1||11 (11 new)||6 days|
|+2||Golf in the Corporate WorldHey guys,
Just wondering how important it is to know about/play a bit of golf, especially when working in an industry like <abbr title="investment banking">IB</abbr>... I understand it's obviously great to have common interests with other members of the <abbr...||FinFTW||10 (10 new)||5 days|
|+2||Modeling - Should I pull in adjusted or GAAP historical financials in building an operating model?Hello all,
I was wondering if I could get some advice on which to pull in for building an operating model - adjusted or GAAP financials? I've been using the 3 statement model template from Bloomberg to pull in historicals and the default is adjusted for obvious reasons, but does that...||Phinance||6 (6 new)||2 weeks|
|+2||Can I jump into investment banking without a MBA?Can I jump into <abbr title="investment banking">IB</abbr> or any high paying finance job without a <abbr title="Masters in Business Administration">MBA</abbr> after doing a couple of years in strategy at a F50? The group is quite prestigious (mainly...||baloneymaloney||6 (6 new)||1 week|
|+2||Do you have a personal domain/email?I'm thinking whether I should go create a personal domain ($15/year at GoDaddy) and host my own email ($5/month at Google Suite or Microsoft Office 365).
That way, I can have a personalized email address ([email protected]) and don't have to see ads in my inbox.
In...||financevietnam||9 (9 new)||1 week|
|+2||Lazard SF TMT - Same as Lazard MM TMT?Hi there,
I know Lazard has an active <abbr title="middle market">MM</abbr> practice, but I wasn't aware they divided it by industry segments such as <abbr title="technology, media, telecom">TMT</abbr>. Is Lazard's SF <abbr...||Sergio55||6 (6 new)||3 days|
|+2||lets say if someone just gave you cash 100 for free, then your enterprise value decrease by 100?Well. for the formula, yes, it seems,the enterprise value should decrease by 100 since net debt would be -100...
but.. seems it would not be that simple and remember I saw some post saying the <abbr title="enterprise value">ev</abbr> stays the same... but cannot find out...||vanggoo||7 (7 new)||3 weeks|
|+2||Here’s my sob story- The Long March towards IB!I’m sure you guys have seen plenty of these stories! Apologies in advance!
Some basic details about myself:
- From UK
- 26 years old
- Family business collapsed during high school and A-Levels ———> lost home and made homeless but still went to school and worked a job part...||MaybeOneDayOrNot||3 (3 new)||1 week|
|+2||Need help with a Growth Equity Sourcing TestHi everyone,
Created a burner account for the sake of anonymity.
I'm interviewing with a fund (think TA/Summit/GA/IVP) that asked me to source a few companies that fit these specific parameters:
- <$20mm Funding
- >$15mm Revenue
- Double digit growth
I have...||consultantburner||3 (3 new)||1 day|