BB

Hi everyone, I wanted to create a post about my process on GS for Junior Analyst in IBD. Sadly I did not get it but anyways. Context: Applied in Mexico City, 2 years of experience in AM and from a mexican target school. 1.- Apply through the page 2.- Webinar of general information (No filter yet)...

17 Mar 2021

Hi, hoping to see if anyone has insight or access to information that sheds insight on the top healthcare groups on the street? Are there certain firms that outperform in this area over others? I understand there are various verticals and sectors in Healthcare and some firms may outperform others in...

02 Jun 2020

Hi everyone, I recently received an offer for a graduate position in a BB in Europe. I will be entering the background check phase and am really stressed about it. I had a burnout during my last internship and quit one month in, my coworkers and my boss were nice but I hated the work. When applying...

26 Nov 2021

Curious to hear where you guys went after your experience on the trading floor. This would be incredibly helpful for us younger folks in the industry! Undergrad Major: Years on Trading Floor: S&T Desk Role & Position: Where you are now: Salary/Comp: Any Advice?:

27 Nov 2020

Okay! So who's taking UBS's BB spot? BNP Paribas, Wells Fargo, Nomura or RBC? (Other?) Your opinions are valued! May the best bank win!

24 Oct 2021

Former Leveraged Finance / DCM Analyst -> Associate at a BB, left before COVID (thank goodness or else I then would literally have no soul). Here to help those that are looking to get some inside detail in the job role, what you actually learn, and what you need to know during interviews. Really...

20 May 2020

Hey guys, I really just am positing hoping to calm the nerves. I recently received a dream offer to become an Analyst at a BB in IB. Great references from within the firm, plus murdered the interviews and actually got a better position than what I applied for. Anyways, as I have seen with everyone...

29 Mar 2022

Hi I heard that GS and MS also consider final year students for their SA programs. Does anyone have an experience with this. Someone who applied with final year graduation date, for example for this years recruitment period with grad date 2022 and still got considered? I know that some people...

04 Aug 2021

Hello, I'm pretty deep in discussions with a US BB investment bank about joining as a VP on a power trading desk in London, I'm currently a relatively junior power trader at an EU utility. Anyone familiar with European power markets will know theres a pretty large shortage of power traders atm so...

31 Jul 2021

Recently graduated high school and am now at uni. I drink, I party, I smoke - I live the uni life - but I hate this place. Most people I know are so fake, so gay, and so unappreciative of me and my efforts to become someone they can rely on (cringe af ik). So now, I no longer want to contribute to...

12 Mar 2022

I am using a throw-away account for this post. I have been meaning to do a post to tell my story for a couple of years now, and finally am following through with it. It is my hope that fellow students and analysts will gain some insight and perspective from my experience. Background: I had always...

10 Feb 2018

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13 Apr 2022

Good Evening Everybody, I am a Community College student that would love to work in Investment Banking in the future. Although I have been seeking summer sophomore internships left and right, I tend to encounter that same old "must be enrolled in an accredited 4-year institution" statement. With...

19 Jun 2021

Hi Guys, I would like to ask, does the need for Visa Sponsorship in the UK put me into disadvantage when applying to investment banks in London for Summer Internship? I currently have Student Visa that allows me to work without sponsorship. I am not planning to lie on my application when the...

01 Aug 2021

Hey everyone, I'm currently a rising sophomore at a target school (Ivy). I finished my first year with a 3.8 GPA, and have two internships for this summer. One is at a global middle market investment bank, and the other is at a small search fund. I'm planning on applying for sophomore BB SA...

15 Jun 2021

I looked at some employment reports of top 15 bschools during 2012-2017 and this seems to be the trend. For example, Columbia, a finance powerhouse, had 55 graduates heading over to McKinsey in 2017, while that figure for Goldman Sachs was only 8! The top 5 recruiters in 2017 were McKinsey, BCG,...

16 Sep 2018

Deciding where to sign a full-time IB offer--choosing between an EB and a top BB (GS / MS). My end-goal is MF PE. I go to a non-target. I SA'd at the EB--which has a a mediocre track-record of sending analysts to MFs--and ended the summer on great terms and would be walking into full-time with great...

14 Aug 2019

Currently stuck between the first 3 options in the title for Undergrad, but leaning towards UCLA. Any advice for which school would best set me up for a career in IB or consulting is appreciated! Also waitlisted at Cal Berkeley, Cornell, Northwestern, and Georgetown. Have around 10 days to decide on...

21 Apr 2021

I have heard mixed thoughts on this from senior people. Some seem to say they don't care about your GPA once you have interned at a firm/got the job...and it should not be included on your resume after you graduate...some say it should be included on your resume after you graduate? There is no...

03 Jun 2020

Currently second year at a tier 1 BB in Europe in IBD (generalist, mostly M&A and pieces of ECM/DCM). While PE used to be favored exit opp coming into the job, I feel like this has changed quite a bit after having run processes with them in either side and having seen the kind of lifestyle these...

27 Oct 2019

I'm in the pre-MBA stage of my career and currently working for a T2 Strategy Consulting firm. As the title suggests, I am hoping to get perspectives about how feasible it would be for me to recruit for Banking and Consulting at the same time during MBA recruiting. I would also welcome any general...

09 May 2020

I recently withdrew an application from a Tier 1 BB. The reason is that I had already signed an offer to join another BB and, long story short, because of some e-mails I sent the Tier 1 BB knew what this firm was and knew I had an exploding offer with them so at the Superday they would have probably...

04 Nov 2021

Hello everyone, I recently received an offer to join a BB as a summer analyst. I haven't formally accepted the offer yet as another recruitment process with another bank is going on and I want to wait as long as I can to see where the second process will end up going in the next days. How long do...

14 Oct 2021

For many, institutional sales offers the best of all worlds: great pay, fewer hours than in corporate finance or research, less stress than in trading, and a nice blend of travel and office work. Like traders, the hours typically follow the market, with a few tacked on at the end of the day after...

13 Mar 2018

Should I feel confident? happy? nothing? I am not too sure how this all works, apparently someone forwarded a recruiter my resume and they emailed me to apply (keyword: apply!) for a BB IB role. Personally, I am not quite sure what to make of it or if it even means anything special. I am a first...

15 Oct 2021

I'm currently a postgraduate student on a 1 year master's programme in London and recently received an offer to start full time at a BB in September. I expected to graduate this September (that's also what my CV said) but due to personal circumstances now won't be able to finish my dissertation by...

01 Aug 2021

All, I am doing this because I haven't found a thread like this on WSO. I am curious as to everyone's most absurd ib interview questions that they have been asked, and their answer. Funny, intense, irrelevant, etc... I am not looking for the usual: "How many ping pong balls can fit in a 747?",...

31 Jul 2016

Hi everyone! I am currently a freshman at a non-target school. After looking up "Student Programs" at some BB banks, it appeared to me that most of these programs are for minority students. As a person who identifies as Asian, do you have any suggestion on programs that I am eligible to sign up for?...

14 Nov 2021

I'm a recent finance graduate from a "non-target" with a 4.0 GPA. I've had a WM internship at a BB in NYC and also worked part time at my school's endowment fund doing ER for the portfolio. I was the only person at the WM internship to get a return offer, which I turned down because I knew I wanted...

30 Sep 2019

Hey guys, I'm a rising sophomore at a target school (Ivy). Finished freshman year with 3.8 GPA, currently doing both an IB and search fund internship this summer. I've already started looking for sophomore SA programs at local boutiques and MM firms, and plan on starting the networking grind soon....

22 Jun 2021

I have signed an offer for a top tier BB's research division (think GS/JPM/MS) as a lateral hire and my background check was already completed. But I just got this other offer from another top tier BB (GS/JPM/MS) but it's with their trading division (which I definitely like more and and the role...

22 Jul 2021

Hi all, This has been something that I've been wondering for a while. If a VP at a top BB or EB like GS / MS or EVR / PJT / CVP, and they've grinded up since 1st year analyst, do you guys still think it'd be near impossible for them to find a decent PE role as a senior associate at a 1~3bn PE fund?...

17 Sep 2020

I joined WSO a little less than two days ago. I want to post my in depth detailed story of how I made it to the BB I am at now. Hopefully this will help inspire a few people or at least show them that you can in fact make it to a great firm coming from basically nothing. I grew up in a decent...

19 May 2017

Hi everyone, I could really use some advice given my unconventional situation. I did my bachelor's in Hong Kong at a non-target in Hotel Management and graduated June 2020 (midst of the pandemic). Since then, I've been working for almost 1 year at a small VC firm that invests across series A to...

24 Jun 2021

Hey guys, I'm in a bit of a tight spot, and could use some advice. I'm a rising junior at a non-target unranked state school and this past summer I managed to get an internship as a summer analyst at a private equity firm. Fortunately, I knocked it out of the park, and even though they weren't...

16 Aug 2017

So I have a interview coming up for PWM at a BB and I would like to know how technical the interview questions will get. From what I understand, PWM mostly focuses on fit questions and less on technical, but I am still unsure on what to prepare for. Any info you may have would be greatly...

24 Aug 2017

It seems like UBS is an ongoing joke on this forum for being known as "the worst" of the bulge bracket investment banks but I have always wondered why? I talked to a lawyer at a major M&A law firm and he even he knew how bad their rep is amongst bankers. We talked about different banks and he said...

01 Mar 2018

For a few personal and professional reasons, I left a BB to join a smaller boutique. This has come with a promotion up a year in standing & pay well-above street (190k base as an Associate 2). I am greatly enjoying it, but the inner ambition in me is curious as to my future career prospects given...

15 Jan 2020

Hi guys, I go to a school that is ranked 45-40. I have had two real estate internships and I want to break into banking. I went from a 2.87 gpa for my first 2 years to 3.27 gpa that I round to a 3.3 on my resume. I am not qualified enough for an analyst position realistically, even though I am very...

25 Mar 2018

We had an info session with a BB at our school yesterday and I wanted to know how y'all go about following up and staying in touch with higher-level folks that y'all talked to. Usually, with analysts and associates, it's pretty easy as I just ask them to get on a call or I ask them if they can...

06 Mar 2020

I am interested in a Capital Management Analyst role at a BB that is centered around risk weighting assets for the purpose of Basel III. Can anyone provide any insight on this role? From my understanding, it seems like they support the more glamorous forecasting / analysis roles within treasury. Is...

21 Jul 2017

I had a signed contract with a major bank in the UK. 3 weeks after the graduation they inform me that I wasn't able to get a work visa hence the offer got withdrawn. I tried to see a possibility of being transferred to another country or simply asking for a deferral of the contract for a year in...

25 Jun 2018

I know this site obsesses over GS/JPM/MS a lot, but how much "better" are they compared to other BBs (C/CS/BARC/BAML/UBS/DB) on the street regarding (1) culture (2) workload (3) pay (4) structure? Is the difference just blown out of proportion on this site, or are the banks actually a lot more...

25 Oct 2020

Hello everyone! I am an incoming sophomore ib intern at a GS/MS/JPM and I would absolutely love to turn this sophomore internship into a junior opportunity. I have no friends nor family in the industry so I am turning to WSO for advice! Does anybody have any experience being a sophomore intern and...

24 Jan 2022

What's up folks- I recently became a poster here from a lurker dating back a year ago. I really wanted to share this with you guys to get your thoughts. Forgive me for the length, but writing this all out actually felt really good and I think it will really help paint the picture. Recently, I had an...

15 May 2016

Everyone is always so concerned about group prestige and firm prestige, this seems to stem largely from an eagerness to move over to the buy-side and get into a top firm/MF etc... If you are an individual who wants to stay in banking when does your firm and group "prestige" on the street start to...

01 Jun 2020

SPACs seem to be the hot topic of the month. Which banks have the strongest SPAC franchises and who do you see maintaining that lead moving forward

30 Jul 2020

Hi everyone, I have a SA offer at a BB (JPM/MS) and was just wondering what groups are best for PE exits. Is it the traditional LevFin/M&A, or perhaps there is no difference between them and the coverage groups. I know modeling isn't done much in some LevFin groups, so curious what your thoughts are...

03 Nov 2016

Hey all. I am currently a first year credit analyst working at a BB. I went to a huge state school and graduated top of my class. I've been trying to break into Investment Banking for about three years now. In an effort to rebrand, I have decided to pursue a Masters in Finance. So far, I have been...

08 Mar 2020

I've seen many, many threads on lateral hiring, but still I feel I don't know much. I'm interested in London. I hope there are some people who actually conduct lateral interviews, and they could offer some guidance. What questions would you ask a candidate like me (with huge exp)? 6-month long...

05 Nov 2020