Showing results:
Displaying 1 - 50 of 53
SA 2025 Interviews Kicking Off (everyone)
Hey, For those recruiting, here is a quick update on the timeline: Interview processes wrapped up for many DEI apps Interview processes kicking off for the standard apps Most apps closing under a month 66 banks have apps open right now Figured there is some uncertainty going around about SA 2025...
Best Practices for Interviews
Yo yo, Now the whole world knows that apps are opening up for SA 2025, let's discuss best interview practices. Some firms like Gugg, will turn an app in 1-2 weeks. Next thing you know, you're walking into a Superday before New Years. 1. Confidence: You don't know shit about the job or basic finance....
VC and Business Analytics Extern Advice
I recently received a VC and BA remote externship at a large computer/tech company (Think HP, Dell, and/or Intel). My past two experiences have been in commercial banking and mortgages. I am currently an incoming sophomore in college and I go to a somewhat unknown state school. I have a 3.90 GPA and...
Current D/E vs Targeted D/E in DCF
To calculate WACC in DCF, should you take Current (Actual) D/E ratio or targeted D/E ratio. I am throwing arguments for both sides and want to take thoughts on what would you take. Targeted D/E: Because I am discounting cash flows of future periods and hence the D/E should also be forward looking...
Has anyone here started their business?
Hi all, I been wanting to start a new business (art startup) but I work crazy IB hours. Any tips on how you got started? Did you fund it yourself at first and then quit? Or did you go the angel investor side or incubators? Thanks fam!
Coronavirus
Has anyone heard if coronavirus is influencing FT class of 2020 in terms of start dates or headcount?
A Monkey Seeking Advice - BB ops or extend
Hi Everyone, So I am currently in my senior year and have a FT offer at a BB in OPS, currently awaiting placement either will be located in NYC or NJ. I am considering whether to reject the offer if I get placed in NJ (as it would be difficult to network with NY FO) or even reject it all together no...
What is an Investment platform?
An investment platform refers to the online marketplace where you can buy and sell the investments from a multiple choice of investment options. The investment platform facilitates the buying and selling of assets with ease and is a stark contrast from the traditional investment methods where you...
Intercompany profit-on-stock
Can somebody please explain with a numerical example in what consists the elimination of intercompany profit-on-stock in a consolidation scenario? Thank you
Undergrad decisions
I am trying to decide what school to go to for next year. My choices are IU Kelley, UGA, Clemson, Fordham, and Umiami. Cost is not really an issue. Obviously, IU Kelley is the highest ranked business school but I didn't love the weather. UGA, Clemson, and Umiami all had amazing campuses and weather....
Do you feel they are safe for investment?
Guys, being in investment space for the past 5 years, I am highly concerned about the modern digital asset investment platforms or ecosystems, and the practices followed by them for simplifying digital asset investments or tokenized security investments for the novice or relatively inexperienced...
Thinking Like an Investor
I said in a previous post that I would try and write some more content in the future aimed at helping my younger self/newer analysts out. Bit of a quiet period before earnings start to pick up next month so here is something that I’ve created and use every time I research a new company from...
French in NYC
Hello! I was wondering how often do you see French people work in the front office of investment banks in NYC? What did they typically do to get there? Because I hear being a European and wanting to work in NYC is pretty difficult (unlike London). What are the ways for a French person to be able to...
Dumbed down version of premiums and discounts
On the Toptal Finance blog there are some great guides to help studying. The latest post is a real-world guide to help you understand premiums and discounts. It looks at the best practices available when determining the levels of value in a transaction.
Top megafund P/E compliance role or transaction processing BB ?
I’m currently a compliance analyst in NYC . I recently interviewed with a top megafund for q compliance role (temp to permanent) I also interviewed with a top BB for transaction processing role ( full time ) both firms gave offers, what do you think would be the best option to move to another MO...
HL Dallas?
Anybody heard anything about HL Dallas? Specifically about the RX group? Know the HL RX NY office is a top RX group but havent heard anything about the more regional offices.
Which undergrad public safety is best to attend: IU, Penn State, UFlorida, or Fordham?
I am a rising senior in high school and I am aiming for the Ivy League and other top schools, but I have heard that people have success in IB from less selective schools. The costs for the colleges I am thinking about are Penn State (25-30k), IU ($38k), UFlorida (Full-Ride), and Fordham...
Investment Banking Career Path
Not sure how to delete the forum. delete delete delete delete delete delete deletev deletev delete delete delete delete
Career advice! B school and job search
Hey all, Long story short, can’t decide between dropping $$$$ on IU MBA program or a low tier 1 school for half the cost? I went to a shite undergrad school with a bus admin degree. Also, I am trying to break into a firm in Charleston, SC. I only have corporate accounting experience but am dying...
Using Models to Invest
Are models relevant to actual investing? I feel like IB models businesses with strategies that do not accurately reflect what a business is and will be in x amount of years. It seems more like technical analysis rather than fundamental analysis which is proven time and time again to be fallacious....
Investment Manager Research Intern; Career Prospects/Exit Opportunities?
I am an incoming Investment Manager Research intern at a large consulting firm, and am looking to gain insight into the career path/exit opportunities within this field. Essentially, I will be working with Associates/Analysts covering different asset classes (Equities, FI , HF) in order to gain all...
Lateral Switch from Audit to Investment Banking Feasibility?
Hello good people of WSO , I'm currently in my third year of college with an internship at one of the Big 4's audit division for the upcoming summer. HOWEVER, I do not want to study for the CPA and reach the 150 credit requirement. My question is: Is it possible for me to do the audit internship at...
Any advice for aspiring Financial Analyst?
Hello all, I am new to this forum and well, quite frankly new to a lot of things regarding finance. So, what I wanted to talk about is tips/advice for undergraduate students like myself looking to get into a Financial Analyst career. I am currently an incoming sophomore at DePaul University and...
Between a Rock and a Hard Place
Avid reader here. Many thanks to the community for the insight, advice, and laughs. I’m stuck between a rock and a hard place. I recently graduated with a BS / MBA from a non target with a 3.8/3.97 (full ride if it matters). I thought accounting would be my best bet coming from a non-target to...
Why start-ups are better than big banks
Before I begin, I will admit this is highly dependent on different circumstances within each start-up, and the growth potential of your specific company. However, I am making the case that start-ups are better than any BB or established firm due to a couple of main reasons- 1) Exposure- Start-ups by...
Transfer or no transfer?
Hello everyone, I'm a rising sophomore at a LAC in upstate NY ( liberty league) majoring in CS and Econ with a 3.7. I'm satisfied with my school but I feel like I could push further up the ladder for more prestige and OCR . Going into college I didn't know I would be interested in finance this much...
IB 2019 networking
Hey so just finished a FO internship in a BB (NYC). Networked within the bank and got an MD in IB to ask for my cell number and wanted to set up a meeting next week. My internship is done and I was emailing through the company email, no longer in my control. Before I left i mentioned to switch to...
Alternative career path: Math PhD?
Hi folks, I am a sophomore at UNC majoring in math. I worked as an intern at the Investment Banking division at Industrial Bank Co.(China). During this internship, I found that I really hate office work. I enjoy intellectual freedom and wouldn't want to do boring and basic works. Moreover, I found...
Advice for Canadian student at non-target (UBC/Sauder) with an average gpa (sub 3.5). Any advice would be appreciated!!
I have no industry connections, mediocre grades due to transferring programs to commerce pretty late, and I have no relevant internship experience or EC's. Im finding its hard to even get involved on campus since clubs ask for your grades and previous experience which I don't stand out in. I don't...
To be or Not to be? Asset Management - Allianz Global Investors: Stepping Stone
I successfully secured a position on the Allianz Global Investors' Graduate Program in London. Would like to hear some other peoples' thoughts on the program, the reputation, and potential exit opportunities of the program. Is it a good company to start an asset management career in? Are there...
Can't break into IB - NEED ADVICE (GMAT Prep or Modeling Course)
A little background on myself: Graduated with a bachelors in Finance in December of 2017. Had no banking internships throughout my undergrad years as my school wasn't a target IB school (Even though I had a 3.86 GPA). After graduating I managed to land myself a spring internship at a boutique...
1031 Exchange information and resources
Hi, I am new here. I have been looking into new investment opportunities. I really like the tax benefits of 1031 exchanges but I need to do some more reading / research to see what kind of return I will be looking at. Does anyone have any recommendations on where I can read more about 1031's? Matt
Breaking into Corporate development through MBA from an Engineering background
I have a background in Electrical Engineering and technical experience in telecoms. I am in an M7 MBA school and was not able to get an internship in Corp. Dev. What can I do to improve my fulltime chances?
Living Like The Other Half
To those working in IB , when did you begin upgrading your lifestyle? What are some big purchases you've made thus far? What position did you hold and how many years of experience did you have?
How To Understand Risk Tolerance Level?
I have read somewhere "Understanding your risk tolerance is like being able to find a shoe size that fits you well" so how calculate my Risk Tolerance
Cold email vs being referenced first?
[EDITED] Hi all, I have a relative who did an internship at a BB about 7 years ago. He gave some contacts of people who still work there. He offered to send an "intro email" to some of them for me, but I feel like being direct with these contacts is better. Was wondering what some of you think in...
How to network/get the prized internship Target school
Hello All, Freshman undergrad student at Wharton here aiming for megafund PE after graduation. Dont have anything lined up for the summer and while I do realize it is pretty early, I would like to learn more about the process so when I'm a sophomore/junior I'll have it easier. I'm essentially...
Best Job to Learn Investing
Hi, new member here. To give some background info, I'm 19, currently applying for college and I've been immersed in business from a young age. Had 3 failed businesses, currently starting a new one. My goal is to become an investor in the future. However, I have been struggling with figuring out how...
Credit Suisse vs Mizuho vs SMBC
Do you think "Extra-Curricular Activities" is Important in Hiring?
I
A student lied about graduation date to OTPP Infra and received an offer (be vocal/not be vocal)
Hi all, So I heard of a Canadian masters student lying to one of the biggest pension plan regarding her graduation date to attain a winter internship offer starting in 2018. I'm wondering if OTPP should be aware of this? Because OTPP specifically indicated that the candidate is only eligible if him...
which should I do for summer internship??? S&T at a lower tier MM bank vs IB at a no name boutique
Hi WSO , I'm wondering what you all think I should do in the case that I end up with only the offers I currently have. I'll still be hearing back from many firms and I think I still have a chance with some BB's in Hong Kong for IBD , but let's ignore that for now. Currently I'm a junior in the...
what is my best plan of action
I am a senior from a non-target public university (3.5 GPA) majoring in accounting with work experience in small accounting positions, however this last summer I completed a Finance Summer Analyst program at a top Health Insurance company. My goal is to get into IB and if I don't I will probably end...
Desperately in Need of Financial Career Advice
Hello everyone! I have periodically sifted through WSO over the last few years as I have always been interested in Investment Banking and high-level finance, but I am finally at the age where it is time to figure out my career path. I go to a poor college in the US (still Top-100 Business program,...
ESPN is losing 10k customers daily - Can Disney save it?
After reading about how ESPN is firing millions of dollars in on air talent, and hemorrhaging money all together, I started thinking about how viable the company is for the long term and how it will affect the price of Disney Stock. ESPN is one of Disney's top money makers, and for the last few...
Why ib is pathetic nowadays
The important point is that programmers don't pay taxes. Given a 220k takehome a programmer is making 90k more than an associate. Programming requires no real credentials or experience, an associate requires an MBA . The programmer invests his 90k in California real estate with a 50% return. By the...
Goldman Sachs 2017 Superday
Hey guys! I recently (Jan 10) completed the superday for GS in the Jersey City office. This particular position is in the Finance division for the Controller's function. I'm hoping maybe I can connect with other prospective hires? Also, can anyone tell me how long it usually takes to hear back from...
Small Boutique IB or BB Wealth Management
Hi Guys, So I'm caught in a bit of a dilemma. I am coming from a non-target school, graduating in a couple of weeks with Finance degree, 1st gen college student. Didn't do BB summer internship, but I went overseas and worked at a 2B+ hedgefund as an equity analyst for summer internship (they only...
online excel/modeling programs for undergrad summer.
hello all, taking a break from studying for finals and had an idea that came to mind. I'm finishing up my freshman year in the Business Honors Program at a flagship state school not considered a target or semi, but has an incredible network and strong amount of alumni in IB . I know I'm going to...
UBC Sauder vs Umich LSA Economics
Looking to get into IB . Not 100% sure I'm into Investment Banking, but I'm confident I want a high paying finance job right after undergrad. I didn't get into Ross at UMich and I believe their new policy states you can't transfer once you've been rejected as a pre-admit. My parents will be paying...
or Want to Sign up with your social account?