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Grace (Session 12) - Some Big News and An Important Decision - Oct 16, 2020

Monkey to Millions

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In this session, after a long time since our last chat, Grace shares some big news. Plans for the Summer 2021 are already taking shape and she has some exciting new developments from all of her hard work.

 

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WSO Podcast (Episode 12) Transcript:

Patrick (CEO of WSO): [00:00:23] Hello and welcome, I'm Patrick Curtis, chief monkey of Wall Street Oasis, and this is monkey to millions. A show where you get a front row seat as I mentor young students and professionals to try and help them break into their dream jobs in the first cohort. You'll meet four students, all preparing for intense job interviews while trying to also balance a personal life and schoolwork. The goal of this show is to shine a light on the struggles of trying to break into competitive positions with a non-traditional background and to give you a roadmap for your own success. My hope is that as you get to know these four impressive students, you were inspired to dream big. Remember, these are real people, and this is their true story. Let's get to it in this session after a long time since our last chat. Grace shares some big news plans for summer. Twenty one are already taking shape, and she has some exciting new developments from all of her hard work. All right, Grace. It's been a long time. Thank you for your patience with my voice issues. But I'm back and you're back. As a result, yes, I'd be great if you could just give me a. I'm way behind. I don't know what's going on. Give me an update. Give the listeners an update of what's going on with everything.

Grace: [00:01:44] Mm hmm. Yeah. So I'm about halfway through the semester right now, a little bit before that. So in the thick of all my work for classes and then I've also been going through recruiting. So the timelines this year have been moved around a little bit because of everything going on. But I actually had a Super Day earlier this week with City and I got an offer this morning, so that's very exciting.

Patrick (CEO of WSO): [00:02:13] Awesome. Congrats. That's cool. So tell me about the process in terms of the recruiting process, when is it? Is it been really kind of was that an online drop or was that just through networking? How did you get into that process? Was it through one of the programs? Yeah, go back a little bit before all that stuff. It was like, right the last time we talked. Tell me what? What happened? Where were we? You had just started classes or like,

Grace: [00:02:37] I think it was before that. Actually, I think it was June. Before I'd started classes,

Patrick (CEO of WSO): [00:02:41] You would come back to New York.

Grace: [00:02:43] Yes, I've been back in New York since beginning of June

Patrick (CEO of WSO): [00:02:46] And July or August.

Grace: [00:02:48] I think so, but like a little bit before my classes started. And then since then some of the applications for sophomores opened on August 1st. That was Goldman and Bank of America. I think it was two of them. So for Bank of America, I went through the first rounds, which was a higher view, and I didn't make it through after that. And then Goldman's, I'm still in that stage. They just kind of have my application, but it sounds like they're finished recruiting for sophomores. So not entirely sure, but I haven't really heard anything OK. And all of my contacts there also don't really know because it's all through H.R.. Yeah. So those were the two that were earlier on. And then with Citi, I actually did their freshman diversity program over the summer. So this summer, that was all virtual and it consisted of different zooms and webinars and that took place over the course of a few weeks. And because I did that program, which I had to apply for, I think it was last spring.

Patrick (CEO of WSO): [00:03:58] What's the city rotation FTD?

Grace:  [00:04:02] So it's like freshman diversity discovery, I think, is what it stands for.

Patrick (CEO of WSO): [00:04:05] I thought it was just like a week that just like a week weekend thing or it was like a couple hours.

Grace: [00:04:09] So I think normally when it's in person, it all takes place over a few days. But because it was moved to the summer, they spaced it out more and there was a small group project involved in it. So it was it wasn't high commitment either, because it was all virtual. You could show up the things you were able to, but it wasn't like they were taking attendance at everything. You sure,

Patrick (CEO of WSO): [00:04:34] Sure about that.

Grace: [00:04:37] Sorry, go ahead. I actually, unfortunately, because of one of the timing, a lot of the parts of that where I wasn't able to join live with a lot of aspects of that program because you were doing, but I had applied to

Patrick (CEO of WSO): [00:04:48] Your internship, right?

Grace: [00:04:50] Exactly. Yeah. And so I had applied for that in the spring and it didn't involve any interviews. It was just based on resumes. But because I did that program. It's an accelerated process then, for the sophomore recruiting for their entire banking capital markets division. So I was in the first group for that. I had two first round interviews last week and those were just phone interviews and then my Super Day was yesterday and that was on Zoom. And that was. Three consecutive 30 minute interviews.

Patrick (CEO of WSO): [00:05:24] How are they?

Grace: [00:05:25] They were really good, actually very few technical at all.

Patrick (CEO of WSO): [00:05:29] Did you have to like dress up and look like all polished for like as a real interview?

Grace: [00:05:33] I guess so.

Patrick (CEO of WSO): [00:05:35] I'm just trying to think of how this because it's a totally new this is all new, right? This is the first time really they've ever had like these Zoom super days and the Zoom first rounds. So it's kind of interesting to hear first hand account of what it was like. So, so are you. You said initially there was to the first round was two interviews, short interviews.

Grace:  [00:05:55] That's the first round was two phone interviews, both about 30 minutes long or 20 to 30 minutes and then

Patrick (CEO of WSO): [00:06:02] Phone, not Zoom. So phone interviews tell me any technicals, mostly behavioral, just walking through your resume to stuff like that.

Grace: [00:06:09] I was mostly actually there was a mix there behavioral and technicals, OK? And one of my interviewers was an analyst. The other one was an associate for the first round. And then yesterday, how did you do that?

Patrick (CEO of WSO): [00:06:21] How did you do on the technicals?

Grace: [00:06:22] Oh, it was everything pretty good. There wasn't much that I think there was one question about types of synergies that I stumbled on a little bit. But other than that, it was everything that I was expecting. Ok. And they never went super in-depth with anything anyway.

Patrick (CEO of WSO): [00:06:36] They're just saying, if you kind of had any sort of idea.

Grace: [00:06:39] Hmm. Right. And then yesterday, for the Super Day, the first two were both vice presidents, and then the third person was in their corporate banking group. He's the vice chairman of Big. Um, in the corporate and corporate banking, so there was really good. They were all incredibly nice and the first two interviews, I spent most of the time talking about my internship. So the first interview was walking through my resume and then the rest of the conversation was just talking about the things that I've done in my internship. And most of what we talked about, too, was something I'd been working on in the past few weeks that I've been given a lot of responsibility with. So that was really nice how the timing lined up there. I had a lot to talk about. And then the second one was almost the same thing, except yesterday when you

Patrick (CEO of WSO): [00:07:31] Said a lot of stuff, you've been given responsibility, meaning your internship. You had been given a lot of responsibility right before this. Like with,

Grace: [00:07:37] Yes, the past few weeks, something that I've been working on that I felt perfect. Perfect.

Patrick (CEO of WSO): [00:07:42] And so it was you were more involved with, like the last couple of weeks than you had been previously. So you were able to kind of point to that exactly like what? Like what specific stuff

Grace:  [00:07:51] Like it's this one company that they're really small, so they're not able to afford an investment thing for the entire process and they wouldn't be able to afford those fees. But we're doing we help them out with certain aspects of it. And so I was given responsibility without much direction from my MD because I work directly with my M.D. on this to make sort of a mini sim and that was kind of developed into a fuller SIM for this company. So I, yeah, I basically was given a lot of freedom with that. And right now I'm in the stages of back and forth edits and comments and everything. So it's been a very busy week, but It's been really nice and it's been really rewarding to be able to do a lot of that on my own. And I think my associate got involved with the two this week, and they both seem like they were really happy with what I came up with. So that was so you're able

Patrick (CEO of WSO): [00:08:48] To kind of point to that in the interviews, which is huge. Mm hmm. Ok, so did you? Okay, so that one. Well, and then, yeah, sorry, I keep going. I interrupted you.

Grace: [00:08:57] So the second interview was a lot of also talking about my internship. And then there were maybe two behaviours in there sort of situational things.

Patrick (CEO of WSO): [00:09:07] But are you ready for those just like, tell me?

Grace: [00:09:10] So just having two stories, essentially, yeah, I don't even remember what the questions were, but they weren't

Patrick (CEO of WSO): [00:09:16] Difficult come at a time that a conflict in a group or talking about a time when, you know, whatever something like that.

Grace: [00:09:21] I think one of them had to do with making a mistake, learning from a mistake, something like that. And both of them also left a lot of time for me to ask them questions. So of the 30 minutes, at least ten minutes in, both of them were just spent more as if it were a networking call and me just asking questions. And it worked out well because the first vice president was in industrials and the second one I interviewed with just moved out of industrials into tech. So that's an area that I'm interested in. So it was nice that they lined up their

Patrick (CEO of WSO): [00:09:52] Industrial tech industrials. Yeah, that's right. And then so you kind of were able to ask a lot of questions around that. Did you express your interest in that?

Grace: [00:10:01] Mm hmm. I told them that was one of I used to really top three. I have three industry areas that I'm especially interested in, and that's one of them. So I expressed that and the one was telling me too, that if I express things like that, then that can help me in terms of what groups I'm placed into. Over the summer. So that's nice. And then the third interview was it was a little different because I think by the time that I got to him, he had expected that. He expected that I would have been asked technicals already, and he was really surprised when he asked if I had gotten technical questions and I said no, and he was. So then he asked me, like, what? I'm comfortable with answering, and you asked me a few technicals about positive equity and beta. And it's the kind of thing where they just keep digging until you can't answer anymore. So the point where I couldn't answer any more with you is he's asking for a specific number of what cities cost of equity would be and the return on equity. So I have to answer that I talked about different characteristics that would increase it or decrease it, but I couldn't come up with a number. I gave a range that ended up being a little off, but OK. And it turns out he was

Patrick (CEO of WSO): [00:11:19] Also too high. Did you give too high?

Grace:  [00:11:21] I gave it too low.

Patrick (CEO of WSO): [00:11:22] Ok. Um, I mean, their cost of debts, probably super low.

Grace: [00:11:27] Right, right, we didn't talk about that at all. So interesting it was it was good, though he explained it to me. And what's the current range?

Patrick (CEO of WSO): [00:11:36] 10 to 20 percent, something like that?

Grace: [00:11:38] Yeah, I think you said 10 to 12. I had said, I think it was, I think I said something like six to eight. Ok. It's not hard. It wasn't too far. Yeah. And then it turns out that he was also born in Baltimore, actually. So we spent at least 10 minutes of the interview talking about that, talking about baltimore sports teams and this one local shop that's really close to where I grew up. The owner. So it was really nice that that part too. We weren't really talking about anything related to City.

Patrick (CEO of WSO): [00:12:10] Do you feel like all your networking calls helped you on these?

Grace: [00:12:12] Oh, for sure. Just knowing how to navigate a conversation.

Patrick (CEO of WSO): [00:12:16] Yeah, you're more comfortable. Yeah, it's a big deal. So cool. So you got the offer today or yesterday. Today, this morning. Oh my gosh, party. Yeah.

Grace: [00:12:26] So I now have one week to respond to it. Mm hmm. So really, the only other thing that I'm still waiting on is Credit Suisse and recruiting with them and then also Stockton. So I definitely like cities program and I'd be very happy to go there. I just I'm not sure how to approach it with Credit Suisse because I had spoken directly with three different people on the real estate team because their real estate team recruits somewhat separately, like it's still part of the general process for sophomores, but then it becomes separate after that. I don't completely understand it, but I'm wondering if it's worth it to reach out to them and check on that, or if I should just stick with having this offer. I think it depends

Patrick (CEO of WSO): [00:13:17] If you would actually take it over. And so think of that before you like. Kind of burn, and you don't want to be like, hey, what's the deal? And then like, yeah, here's an offer and you're like, Just kidding, right? So I think I think it's worth bobbing in an email to Goldman. Let them know that you have an offer, an exploding offer, just trying to touch base because I don't know, I mean, did you get a good sense for Goldman that you'd want to go there over Citi? I mean, for name and resume alone, I think, right?

Grace: [00:13:49] It's it sounds like it's finished. That's the only thing can be

Patrick (CEO of WSO): [00:13:54] Done. It's finished. You can even just say that, say, I assume it's money because maybe they have one slot left, they're holding it. And maybe when they hear like, oh, we could stay away from Citi, that's good. Let's do it. Yeah, maybe they'll give you an offer, but it doesn't hurt just to love that. Ok. And just, you know, doing it in a nice way.

Grace: [00:14:16] The only other thing I have going on right now is so JPMorgan usually doesn't really SoC gen, so they haven't started yet. I've just gotten notifications that they're reviewing applications currently.

Patrick (CEO of WSO): [00:14:27] And then before you continue on that. I have a question about this specific offer. This is for investment banking. Like is it's an investment banking sophomore internship like you'll be working in the summer there.

Grace: [00:14:38] Yes. So it's the investment banking division. And in past years, their sophomore internship program has been rotational through divisions. So it could be that you spend some time in investment banking and then you go to sales and trading, but they changed it this summer to try to be more competitive with the other sophomore programs on the street. And so now it's still kind of rotational, but just through different groups within IB. So it's a 10 week program, and I think it sounds like it would be three different product or coverage groups that you get to rotate

Patrick (CEO of WSO): [00:15:12] Through, like industrials, potentially ECM or DCM. Or do they do it like that? I don't even know if they do it.

Grace: [00:15:19] I'm not sure how that process will work, especially because this is the first summer of having this kind of rotation. So that's something I'll ask them.

Patrick (CEO of WSO): [00:15:29] It sounds good. I mean, it sounds like it'll be a good resume. Either way, that's super exciting. I'm super happy for you. Congrats. And then then, yeah, I think it doesn't hurt to. I mean, I wouldn't do Credit Suisse unless you're thinking you would take it over Citi, because real estate seems to be a place you want to go. I mean, I feel like doing more pure generalist B, even if it's, you know, one specific. Industry group. They do product groups at City does the right thing. Right, so you would be you wouldn't. When you said they had moved out of industrial, they have like, do they have industry groups as well, not just coverage And.

Grace: [00:16:10] Yes. So it's the all the people that I spoke with are coverage groups. I'm not sure how it works with products.

Patrick (CEO of WSO): [00:16:17] Ok, so yeah. Might be a good question to ask. Mm hmm. This in terms of. Maybe whatever you have to offer, don't rock the boat, so just, yeah, maybe just ping Goma and maybe either any other, any process like Morgan Stanley that you're in or J.P. Morgan. Yeah, tell me about J.P. Morgan.

Grace: [00:16:38] So they normally don't take any sophomores. And then I noticed, I guess it was the beginning of September that their Lat Am group in within banking was a separate application and that they are open to sophomore. So I applied for that and I did a higher view and one of those online assessments, and then I got an email from them, probably about two or three weeks ago that they were starting to go through applications and that super days would take place between October and December. This went people who applied to all different groups and I think banking's on the earlier end. However, they also explicitly said in that email that they cannot accommodate people who have other offers that they can't adjust for you, so you have to act accordingly. So the fact that I haven't heard anything from them, I mean, they just started reviewing applications. I don't know how spread out that process is. All I

Patrick (CEO of WSO): [00:17:31] Would do. I would have to overcomplicate it. Just accept the city offer. If you don't hear anything from Goldman within a day, OK, a day or two? Well, wait, wait a little bit. What is it your Monday when you have to say Monday,

Grace: [00:17:43] I'm next Friday

Patrick (CEO of WSO): [00:17:45] By next Friday, so I wait till like I send an email today to Goldman. And that's it. And then I would just take City because it's a good name for the resume. It's you're going to be able to. Now the tricky part is as you're approaching, as you're coming up to next summer. And you're doing that internship. The tricky part is halfway through or whatever they try to, if they try to like, Hey, we wanted you to come back for junior year, that's when you're going to probably be a little bit. I want you to be a little bit more. A little bit more thoughtful, and maybe not for lack of a better word, crafty around how you potentially tell them commit or don't commit because I don't want you to lock yourself into staying at City, necessarily when I think you. It's great, it's a great firm. I think you'd be great to get that full time. You obviously have to focus on like performing well at the job, Roland, because like you don't want to do is not get a return, right? But a lot of these firms now they'll go sophomore junior full time.

Grace: [00:18:47] Right. I know a lot of people who've done that at different things.

Patrick (CEO of WSO): [00:18:50] Yeah, so it's very, very common. So. And then the cool part about that is when you do start full time, you kind of feel like, you know, the firm too.

Grace: [00:18:59] Right?

Patrick (CEO of WSO): [00:19:00] Although I will say Citi is not an easy place to work. It's a really great reputation. They have a lot of deal flow, but they all they do work really hard. This is for all banks, though, right? I think they're pretty well known to work pretty, pretty, pretty long hours. But.

Grace: [00:19:17] One other thing I have going on, this is more so would apply junior summer, but with Blackstone, so normally they have the women's program in the spring. That's a fast track to recruiting for your junior summer so that you do that as a sophomore, Coming spring, coming up. And so there would be this coming spring. But this year they for the first time, they moved that women's program and they have an adjacent more general diversity program, and they move that to the fall. So that's taking place in November now, and I applied for that probably about a month ago. Applications just closed recently, so they're just starting to review things. So I from the people I know at Blackstone that I've talked to, they don't know if the spring program is still going to be something separate and this is the sort of pipeline to that or if this is taking the place of that. But either way, both of the Fordham contacts that I have at Blackstone forwarded my name to HR and they said they've really done the most they can, putting my name forward to air. And the one person in particular told me that she has a decent amount of influence. So hopefully that should be helpful and would be

Patrick (CEO of WSO): [00:20:28] For a summer internship, not after your sophomore year, after your debut for your junior year.

Grace: [00:20:33] Yes. So normally that program is in the spring and it allows you to interview.

Patrick (CEO of WSO): [00:20:38] You're like lining stuff up and you're not even you're just starting yourself. You've already lined up like your junior summer internship, almost. I mean,

Grace: [00:20:48] If you go to

Patrick (CEO of WSO): [00:20:49] City, if you go city sophomore Blackstone junior internship, I mean, that's awesome.

Grace: [00:20:55] So I don't want to get my hopes up too high because they take so few undergrads to begin with. There's so few

Patrick (CEO of WSO): [00:21:00] Spots. There are very few spots there, very few.

Grace: [00:21:02] But it's that's definitely like my

Patrick (CEO of WSO): [00:21:05] Top goal would be the person who has influence. She's a Fordham alum, or you just

Grace: [00:21:09] Just know she works in their private wealth solutions group. So it's not the direct investing, but she gets to, but she also works with she has contacts in all the different groups because her group works with all of them.

Patrick (CEO of WSO): [00:21:23] And I think you're going to be going up against all these, these hotshots.

Grace: [00:21:26] Yeah. But I will say there's also a junior at Fordham currently who's been super helpful to me throughout recruiting, who will be at Blackstone this summer in the real estate investing group. So we've got one of those.

Patrick (CEO of WSO): [00:21:40] The investing is It. Is it advisory sell side or is it buy side like principal investment?

Grace:  [00:21:44] It's by side. So I think he's in the Breit group, the real estate investment trusts Blackstone runs. He's in that group within real estate, so it's one of the front office investing positions, which is great. I think he's one of the first Fordham people to get a

Patrick (CEO of WSO): [00:22:02] Hire, and they hire right out of undergrad state for that,

Grace: [00:22:05] Those roles. So that's he'll be there this summer, and

Patrick (CEO of WSO): [00:22:10] That's very cool. I just the only thing that would worry me about you taking a role like that as like, do you have the training? I'm sure Blackstone does, because they're big enough, but. The good thing about banking in the two years of suffering for lack of a better term is you really do pack three years into three and a half years two and you become just like a monster in Excel and all this stuff, right? So like and it gives you a lot of confidence. But like that being said, you can skip it and you can get to a by side role. It's in an industry that you really are passionate about I think it's definitely

Grace: [00:22:45] Worth right because those are the top two things I'm interested in other than industrials as real estate and infrastructure especially is probably my top one. Especially some of the

Patrick (CEO of WSO):  [00:22:56] Things that interest you. So much

Grace: [00:22:58] Infrastructure. I just I really like, and I think this kind of runs common among all three of those groups is how it's all the real assets. It's very tangible and especially in the infrastructure area that it can. There's some overlap with energy and renewable energy infrastructure, which is growing so much now. And so I guess it's that

Patrick (CEO of WSO): [00:23:20] The true millennial trying to do good you and help finance renewable energy companies. Got it. So. Ok. Well, yeah, you can see I'm going to be able to be Santa soon with this. And so you can call me, Oh, you can say, OK, Boomer to me and

Grace: [00:23:39]: You're not close to that.

Patrick (CEO of WSO): [00:23:41] Yeah. So in terms of just. Yeah, next. I mean, this is super exciting, I think. All good, and the Blackstone stuff is kind of later, right? You'd be right, that's interviewing for the spring, but you'd be interviewing for that in the spring.

Grace: [00:23:54] If I think that's the way it is, then no, because this is the first year they've moved it to the fall. No one knows if there's a separate spring program or If this is taking

Patrick (CEO of WSO): [00:24:02] Place for next year.

Grace:  [00:24:04] Or no, this fall is in next month.

Patrick (CEO of WSO): [00:24:07] All for this year, for the junior summer, even though you're a sophomore.

Grace: [00:24:10] So that's why I'm not sure. They definitely wouldn't be interviewing this fall. It would be we interview in the spring. I just don't know if there's still a spring program. Got it fair. So I'll find out, I guess, what

Patrick (CEO of WSO): [00:24:22] Else is going on in general schools. Ok? You're surviving and all good schools, OK? And New York with kind of a weird

Grace: [00:24:32] State. Yes, it's my campus is so empty. I'm living on campus. Yeah, and it's a lot emptier than the surrounding neighborhood. So I spend a lot more time off campus, especially now because of that.

Patrick (CEO of WSO): [00:24:46] Are you is it coming back to life at all the city?

Grace: [00:24:48] Oh, definitely, especially the neighborhood that I'm in it, except for the fact that everyone's wearing masks. It feels like normal,

Patrick (CEO of WSO): [00:24:55] Ok, but people are being careful, especially, right? Yeah, because you guys had that initial surge. Ok, cool. How can I help, it sounds like you're we'll talk in a year. I don't even need to talk. No, we should talk before. Obviously, we should try to do a six every six weeks, eight weeks, something like that. because I think leading up to your internship, It'd be good to kind of prep you a little bit for that type of stuff and how to how to make sure you stay aggressive in the in meeting people, Even if it's Zoom like coffee. Because the internship, the interns that tend to do best are the ones that are like, don't see it as like, OK, I got the internship now. I just need to like, do the work perfectly. No, it's about relationships still. Mm hmm. And so, yeah. Make no, I cut you off, sorry. No, just making sure you do that.

Grace: [00:25:46] That's right. It's both are two of the three people who interviewed me reached out to me today within an hour of me getting the call about the offer, saying congratulations, then they're here to talk and everything. So that was really nice.

Patrick (CEO of WSO): [00:26:01] That's cool. Well, that's really nice. Mm hmm. Awesome. Yeah. So I mean, you're sitting in a great spot, I think super excited for you. It's a big success story, although not surprising. I think I said early on, like, you're starting this right away freshman year, like there's almost no way you won't be successful. Just if you put your head down and you did like that, you really worked hard freshman year. Mm hmm. So I think it's awesome. Super, super inspiring, hopefully, to other people out there as well. So what I'll do? Yeah, I mean, let's chat again, like six to eight weeks or something, I think, OK, just keep me up to date. If you need anything on Skype or whatever or email, just shoot me a message in terms of like decisions like if all of a sudden Goldman comes in or like, you have any questions, don't hesitate to pay me, and then we'll kind of go from there. Ok? Is there anything else you want to share? Anything else you want to share about, like the process or like interviews or networking? Have you kept any of that up or schoolwork kind of slowed it down a little bit? Uh-huh.

Grace: [00:26:58] I was making good progress at the beginning of the year, especially doing follow ups. That's mostly what I've been doing now with the people I talked to all last year because I have my spreadsheet with all the people I've talked to and it's very long now. So a lot of people,

Patrick (CEO of WSO): [00:27:13] How many people

Grace: [00:27:15] I love. I think there's about one hundred and eighty rows

Patrick (CEO of WSO): [00:27:18] In this one hundred eighty conversations. Yeah, it's amazing.

Grace:  [00:27:23] We keep track of now. So I went through the beginning of the summer and I kind of marked there's a few people who I knew I probably wouldn't be talking to again, just based on our conversations and where I know they are now. And I marked I have the last date of contact for all of them. So I've been going through that and I've been putting off a lot in the past few weeks, one because I've been incredibly busy with school, but then also because I figured I could wait until I had an offer so I could update them on what I'm going to be doing for the summer. Thanks.

Patrick (CEO of WSO): [00:27:55] Thank you so much. I'll let you know. Yeah, and then it's positive. It's a couple. It's a one or two line email that makes everybody feel good.

Grace: [00:28:03] Right, exactly. That's awesome. Yeah, I think that'll be good.

Patrick (CEO of WSO): [00:28:08] Yeah, take your time to I would wait until you know exactly where you're going. Make sure if it's Citi or whatever, and then let them know, right? I guess maybe, maybe next, the week after next, you can start those emails, those funny emails. Right?

Grace: [00:28:22] And that's hopefully when things will be lightening up slightly for me for school. So your midterms right now? You said partially that it's interesting at Fordham, the way they do it for business students in your sophomore fall semester, It's one of the heaviest semesters for all business students because of the workload and everyone does this. They call it the consulting part, but it's a semester long project and you have all your classes with the same people. You're put in a groups and you're assigned a company and you develop, you identify a problem in the company. You act as consultants essentially, and then you have to form a presentation. And it's a kind of a competition at the end, but that's the major part of your grade and all your classes as well. So I'm in the thick of that right now.

Patrick (CEO of WSO): [00:29:07] That's cool, though. It's like really product base. Yes. How do they choose the companies?

Grace: [00:29:13] Uh, it's random, so I have Intel, which has been interesting because all the other companies that groups have are more B2C companies. So we're the only true B2B company, which makes it a little more challenging for us and making people understand the challenges that were identified within the company.

Patrick (CEO of WSO): [00:29:33] Yeah, it was tough. Well, good luck with all that. I don't envy the college of workload I remember. But congrats again on the big news. And yeah, let me know where you end up. Yes, definitely. Next week or the week after once the final? Yes. But obviously don't do anything risky

Grace: [00:29:55] Right

Patrick (CEO of WSO): [00:29:56] Around like. I don't know, chatting to people like, Oh, I got this or like, you know, acting all like whatever or making announcements, don't make any announcements on social yet or anything like that, you know what I mean? Right? Just be smart about it, humble and all that stuff, because especially around, especially around your classmates and stuff like that, because some people may not have an offer and maybe get upset. Mm hmm. Right? Yeah. Congrats to you. Big news. And yeah, keep me up to date and we'll chat again and then a couple of months. That sounds good. Awesome. Thanks, Grace. Have a nice weekend. You, too. Bye. And thanks to you, my listeners at Wall Street Oasis. If you have any suggestions whatsoever, please don't hesitate to send them my way. Patrick at Wall Street Oasis dot com. And till next time.