Showing results:
Displaying 51 - 100 of 359
SA 2024 - Getting Technically Proficient
.
Sales and Trading Bonuses 2023
It's close to the end of the year and you know what that means. Another bonus season is soon to be upon us. Obviously headlines have not been encouraging recently, but would like to get some chatter going about what expectations are. Let me get the ball rolling: BB AN2 (will be AN3 after this bonus...
WHICH EQUITY RESEARCH SECTOR IS BEST?
Hi, I am still a bit far out from applying to ER associate positions, but I would like to know which opportunities are good and which aren't. I've seen many posts that says you want a good bank, analyst, and a sector with good deal flow, so which sectors and banks are the best in terms of getting...
What are the top target high schools?
Recruiting is starting earlier and earlier with sophomore and freshman programs in college. Colleges are starting to recruit athletes in middle school now, it's only a matter of time before banks start recruiting from high schools. Aside from top private schools obviously, for public schools, I'm...
"The next step?" Please help!
Hello All, I am hoping to get a valuable second opinion. I had a final round interview with a BB a month ago. It went well, then two weeks after my interview I was asked to fill out paperwork including my social, to proceed with "the next step" When I asked what the "next step" is they said it would...
Mid market bank London to US BB - feasible?
Hi all, Currently working at a Japanese bank in London and I'm currently looking to move to a BB/EB in the US. Reason being is that I am mostly pitching in my team and haven't learned anything in the last few months - don't want to become underqualified in case I make a jump later in life. My...
How to say that the bank you're applying to is the best without saying it
Hey guys, I'm applying to FT positions and would appreciate some tips on how to make my Cover Letter impressive and to answer the Why This Bank question. Let's say you are applying to GS/MS/JPM, they already know they are the best in the business, so I guess that mentioning that would be too cliche...
Chances of IB summer analyst internship
Shit I know you guys have seen posts like this many times. Anyways, there is too much information out there and everyone seems to be making things up. First of all, when is BB IB recruiting for summer analysts? I've seen people say may, others say september. I'm not sure if it's too late for me to...
Negotiating First Year Analyst Offer at Bank
I received an offer to work for a large bank (GS, MS, JPM) as an analyst once I finish my senior year of college. I want to negotiate as I don't want to leave anything on the table, but everything is standardized across the bank (base salary, sign on bonus, PTO, etc). Where can I negotiate / what...
Comp at MM Banks?
Hi all, I was wondering how total comp compares among MM banks (Upper-tier ones like Jefferies, WF, Houlihan, WB, Baird, etc. as well as tier 2 MMs like Harris Williams, RJ, Solomon Partners, Stifel, etc.) Is pay at MMs usually comparable to BBs, and in terms of career progression, is comp generally...
Why would anyone in their right mind make the switch to PE?
Why would anyone in their right mind switch from BB Analyst --> MF PE Associate? Why not just go A2A? Everyone on this forum talking about how MF PE is 2x worse than IB for work/life balance, similar pay at junior levels, and very little chance of making partner or getting that coveted spot at the...
Is it possible to get into BB after TS in Big Four?
Hello Monkeys, I am building my career plan and in case my Plan A (start my career in BB - Elite Boutiques) doesn't work I thought about a plan B. What is better between working in m&a small/mid cap vs going into TS in Big 4 if you want to join BB? Because some boutiques are no name and even it's...
What banks have (Class of 2024) diversity programs for IB?
I am a male class of 2024 diversity student and was wondering about what banks have diversity programs for IB for Summer 2023. Is there a list somewhere on this site where I can access this? If not, can you drop the names of the banks that you know have these kinds of programs for summer 2023? Below...
What job can you get at an bulge bracket investment bank if you are a non-target with low/medium GPA?
Everyone knows that you need to come from a target school with a high GPA to become a person with the job title "Investment Banking Analyst" at the Bulge Bracket Investment Banks like GS, MS, Barclays and etc. But I am wondering what OTHER jobs can a recent finance graduate from a non-target and...
Bank withdrawing signed/accepted offer?
EDIT: I just had a call from the head of HR who said nothing could be done. They could offer me nothing. When I told them about the bad PR, that it meant applicants could never trust a signed contract with JPM she merely repeated that they could do nothing. Long time lurker here doing my first post....
BB S&T/IBD vs Multi-Manager Hedge Fund
Hey, I am currently a senior analyst working in Risk at a BB outside the US (London, Hong Kong, Tokyo). Within a month, I will be internally moving to a team that sits between S&T and IBD working on Structured Finance, Mortgages etc. I have been very interested in Real Estate and this is a role that...
Big 4 Strategy Consulting Intern to Investment Banking Intern
Hello all. I was wondering if I can get some opinions on my situation. I am a sophomore at a target school (part of their college of arts and science school not business school) who has secured a strategy consulting internship at a Big 4 Firm for this summer. I still want to recruit for banking my...
RBC PU&I Review?
Hi Everyone, Just wondering if anyone has any insight on RBC's PU&I group? I have heard they are pretty good, but also see them posting the analyst role literally every 30 days...What is going on over there? Are people lateralling to better opps after a couple months or are they just flat out...
Right out of undergrad : BB IB or MM PE ?
PE MF vs BB IB right out of undergrad is a no brainer. But what about PE MM vs BB IB ? Pay slightly better in BB IB, lifestyle slightly better (depending on firms, could be significantly better) in MM PE, so I guess it all comes down to exit opps (or more precisely post-analyst years opps). I...
Risk or Corporate Treasury - which is more respected?
Hey, Let's cause an argument. Which division is better/more respected at a BB - Risk or Corporate Treasury? I vote Risk, fight me. Just have a bit of fun lads
Role, Pay Scale, Exit Opps from a Real Estate Investment Specialist at a BB?
Hey y'all, I have an opportunity to shift to secure a Real Estate Investment Specialist role at a BB. I currently work in CRE on the investment side but cannot find any information about what the role pertains, what it pays, and what the exit opps are. I am under the impression that a specialist is...
Last BB Slot Is Up-For-Grabs!
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!
Thoughts/Advice on the Internship Search Process & the Limited Utility of WSO
For some context, I'm currently a sophomore at a good academic school but a non-target for IB, and am an incoming IB SA at a top BB for sophomore summer (think GS/MS). Having navigated the sophomore internship process, I just wanted to offer some thoughts and advice regarding recruitment and the...
Q&A: Is the Monkey Business Over? 3rd Year Analyst Turning 1st Year Associate at a BB
Hey guys, I have a little bit of free time - hence I though it'd be a good idea for a quick Q&A. Some background: Immigrant from Latin America, moved to U.S. ~10 yrs ago Went to a non-target in the Pacific Southwest w/ a finance major (okay business school) Sophomore internship: non-paid gig...
PE secondaries/FOF or sell-side ER
delete delete delete delete delete
Bulge Bracket Consumer Bank Back Office VS Big 4 Risk & Financial Advisory
I got 2 internship offers, one is with Deloitte in its risk & financial advisory service, but got placed in its accounting and internal control service line. Heard that it is not really consulting and more IT audit. I’m personally not that into accounting … Another offer is with JPMorgan Chase,...
IB + Consulting • Rotational Strategy
HEAR ME OUT. I 've got an Investment Banking SA position for summer 2022, and a graduation date of May 2023. I'm wondering if I can also accept a FT Management Consulting job by graduating early (Aug 2022), and post-IB SA summer, I start working within Consulting FT. If I like it better than IB, I...
Will EBs increase base salaries/compensation?
BB comp is now at around 100k starting which is more than most EBs. EBs are known for having fat bonuses, but BBs now more or less matched their comp. Will EBs be able to sit still not being able to say that they pay more than BBs? Will EBs increase base salaries? People on a few different comp...
Visa Sponsorship at London Investment Banks
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...
Should I renege a top-tier BB research for another top-tier BB trading?
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...
Commercial Banking at a reputable BB or Investment Banking at a regional/smaller bank?
Which opportunity you would take and why? I'm not sure which would open up better exit opps and what each opp's career trajectory is. Thanks!
How to Maximize Chances for Junior Year BB SA
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....
Investment Banking Business Model
I understand the EB and BB strategy, with the former just being focused on advisory with the benefit of being independent + no balance sheet, and with the latter being a one-stop-shop for all things finance. What's the rationale behind boutique banks having an investment banking practice along with...
Freshman Internships to Sophomore BB?
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...
Compensation Debate: BB vs. Middle Market
It seems that despite MM being all cash bonuses the all in salary seems to be higher at Analyst, Associate levels. Is there a significant drop off in comp at the VP, Director and MD levels? Trying to figure out why BB MDs wouldn't just go to MM if they can make more. Obviously other factors...
ER at BB or IBD at MM
Hi all, I am currently deciding btwn 2 offers, one is in a ER role at a BB Bank and the other in IBD at a Middle Market Bank. Would be great to hear any insights on which you guys feel would be a better opportunity. In terms of scope of work, career progression, exits and any other miscellaneous...
CV Review - London EB/BB Recruitment
Hi guys, I'm wondering where realistic places are for me to end up in London when I apply to IBD in the next few months. Here is my profile: LSE Master Accounting & Finance 2021-2022 Grew up in London, went to a German school and got 3.5 GPA equivalent (1.8 Abitur) (native German & English)...
Career Start Issues
Dear monkeys of WSO, I hope you are all well. I have been monitoring this website for years now and I can say that it has been helpful and fun to read. However, I never felt the need to seek help for anything. But here I am today. So, I have graduated from a respected university in England last year...
DBO/M Klein/Dyal or GS/MS, Centerview
Got an offer from one of the first three banks. How do these firms compare in terms of exit ops and long-term prospects to GS/MS and Centerview, which recruit later?
IB FT Offer- recruiting timeline and options for seniors?
I am currently a junior and although my resume/stats are good, my internship fell through because I have to stay home for the summer (familial reasons). I accepted an IB internship at a practically new firm because it is remote so I am able to do it while being near my family. As I head into my...
Mining P/NAV impact
What is the impact of following transactions on P/NAV multiple of mining firm: 1. Borrow debt 2. issue equity 3. an acquisition funded with debt 4. an acquisition funded with equity Also, if P/NAV < 1 and firm issues equity to raise capital. Will it be accretive or dilutive? If so why ?
Examples of a "bad" group culture and sweatshop or just "standard" in banking?
What things would you consider items that constitute a bad group culture versus just being the "culture" of Bulge Bracket investment banking? 1st Year Analyst I am sure this list can go on and on but I am going to stop here. I think that this is 80-90% bad culture and sweatshop/crappy group and...
IU Kelley -> Goldman Sachs/JP Morgan/Moelis M&A Investment Banking -> UPenn Wharton -> Blackstone Private Equity?
Hey everyone. Longtime reader here; first-time poster. Thank you in advance for taking the time to check it out. Scenario: I'm 25 years old working on my bachelor's degree. I used to be a degenerate as a kid and I had immigrant parents who didn't know about the school systems here in US. I had a 2.5...
Why does UBS still rank in BB status despite being low on league tables?
I've heard great things about UBS's culture and global presence, especially in LevFin/TMT/Industrials as well as FX/Rates on the floor. However, in the league tables they seem to take a big hit across M&A, ECM/DCM, and S&T. Even banks like RBC, BNP, SocGen, HSBC, and so on, tend to have an edge on...
MBA vs Masters for Investment Banking
Fellow aspiring monkeys and experienced gorillas, I'm currently weighing the options on whether to pursue an MBA or a Master degree in order to break into Investment Banking (BB, EB, MM) and would like to hear your thoughts. I graduated in 2018 from a non-target on the east coast with a few finance...
ADVICE NEEDED: Deferred MBA program after IB Analyst Stint.
Hi All- Was considering Deferred MBA programs. I am a senior undergrad who interned within an IB group at a BB and will be returning full-time this summer. Was wondering what others thoughts are on Deferred MBA programs - especially for a college senior who will be an IB Analyst after grad. A lot of...
Winter IB Internships at BB?
On Linkedin, I see a lot of people--even outside of the schools like Dartmouth where you can take an off term during the school year--who have internships at BB like BAML and MS and I was just wondering how they do that? It seems like they only intern from Dec-Jan, during winter break. Is this...
How bad was your first IB interview?
How bad did you manage to mess up on your first few interviews? Anything silly you uttered without intending, or did you choke completely? Share your experience fellow bankers and aspiring bankers.
Tech analyst (BB or Big4)
Hi I am a little confused. Please advise me. I'm an engineering undergrad student in the US on a visa. Does it make a difference if I work as a Tech summer analyst (IT back office ) at Credit Suisse ,Citi (North caroline offices) or if I work at Deloitte , Pwc (Silicon Valley offices) in...
Tech summer analyst at BB VS Cyber/Tech consulting at big4
Hi I am a little confused. Please advise me. I’m an engineering undergrad student in the US on a visa. Does it make a difference if I work as a Tech summer analyst (back office) at Credit Suisse ,Citi (North caroline offices) or if I work at Deloitte, PWC (Silicon Valley offices) in...
or Want to Sign up with your social account?