Showing results:
Displaying 601 - 650 of 1,042
ER Interview - Help a brah out, brahs.
Hello Gents, I've been lurking around these for some years now, but it was not until earlier today I decided to create an account. Brah is here to ask for your guidance/help. Little about myself... Junior in top 30 Unis, Ukrainian, OK grades. Previous experiences include PWM and Market Risk. Just...
Multi-asset Investments at AM vs. Equity Research at a Sell-side BB?
Hey guys, It's unfortunate that this is my first post here but I wanted to see if you guys had any ideas about the above decision. I currently have offers in a multi-asset investments team at an asset manager (think BlackRock, Fidelity etc.) and equity research at a sell-side bulge bracket (think...
Equity Research BB vs Corporate Finance Boutique
I work for a Big 4 firm in London within audit and valuations and I am coming up to qualification. From speaking to recruiters it seems that my ACA is valued by tier 1 IBs and elite boutiques only within ER roles. For a shot at BB or elite boutique IB I need some kind of M&A experience, which I...
Credit vs. Equity Research
What are some of the key differences between the two? Obviously the security being valued is different, but I imagine you would still be looking at the strength of the company and looking at the same financial statements, etc. Wondering because I enjoy ER , but have some opportunities for credit...
Excel Operating Model for multi-segment company
Hello, I am analyzing a public company operating at 3 Segments, one of them is "Corporate". Is there any excel template or best practices I can use in order to correctly analyze the COGS and finally the EBIT for each segment? For example, should I enter all the 3 segments data in one Sheet? Or...
From Biomedical Sciences PhD to Equity Research
Hello, I am a current graduate student at a top tier university. I recently became interested in the public market particularly biotechnology and pharma investing. I started a small portfolio and began following companies this space but also importantly, develop my own criteria for investing. I am...
Overview of the Equity research Industry
I was motivated to make this thread after reading a lot of the other threads in this forum, about why certain top analysts are still on the sell-side. It appears that almost everyone who doesn't work on the buy-side or sell-side, or even a remotely close front office position fails to understand how...
Either an acceptance or a rejection after the final round interview
Last Thursday, I was interviewed for the final round by the head of equity research at a second tier equity house. Today, I got the call from HR, saying that for some reasons (instruction from regional office), they won't be able to proceed the hiring process until mid next month, will inform me the...
Interview for an Internship I'm probably not qualified for
Today I submitted my resume for an equity research internship at a boutique investment management firm, not actually thinking anything would come of it. To my surprise though, I've been contacted for an interview. The problem is I don't know much about ER and at this point I'm probably not...
Taking the Bull by the Horns...Excelling at BB Banks
All -- I am finally moving from a tiny little boutique to the big leagues, a bulge bracket bank, within the next two weeks! The interview process was long but not as hard as I was expecting and it's a huge step in the right direction for me. I am, however, finding myself becoming increasingly...
Guggenheim Partners Equity Research
Anyone have any information regarding analyst positions in equity research at Guggenheim ? Exit opps, base/bonus, hours, culture in general? Would especially appreciate info on exit opps and comp.
Associate Research Report/Interview - What to do?
Hi All, Quick background - I'm a third year auditor at a big 4 in the Northeast. I went to a midwest state school w/ little/no finance (ER/IB) recruiting out of undergrad (much more out of MBA) but tons of accounting, hence the choice. I'll try to keep this as short as possible, but want to give...
Big 4 Audit to Equity Research Transition - Non-Target Resume Critique
Hi All, As the rest go, please be brutally honest - I've revised this format pretty significantly from previous resumes. I recognize that B4 Audit doesn't transfer directly to ER - besides knowing financial statements and notes/disclosures themselves - but I'm hoping that my writing/research ability...
Overly cautious networking?
Hi guys Before I begin I'll give a brief background of myself; non target grad entering the second year of his role in Credit Risk MO at BB . I want to make the move to Equity Research and have been sourcing a contact list over the past couple months to reach out to as well researching the role....
Equity research covering public REITs...career path and exit opps???
Can anyone please expand on the exit opportunities for ER covering REITS? I have several questions: 1) Is ER competitive / desired experience in the RE industry? 2) Is transitioning to REIB, REPE, or corp equity research possible from RE research? 3) Does covering publicly traded REITS change the...
End of 2014 SA Stint
Going into the final week of summer internships I'd be interested to hear about everyone's experiences. Feel free to share the best/worst times of the summer, has your opinion changed regarding IB / S&T / ER ,etc?, how does the summer come to a close (exit interview, final presentation, etc.)?, when...
Pitch ADR in Interview?
Is it wise to pitch an ADR in a buy side ER internship interview ? Or should I stay U.S.?
Metrics & Models for Automobile & Industrial Supply Industries
Hello chimps, humans, and everyone in-between, I'll give you a quick synopsis of my situation, why I'm looking for what I'm looking for, and what it is I'm looking for from the community.
I'm a First Year Equity Research Associate, Ask Me Anything
Mod Note (Andy): Happy to introduce another new blogger: "User X". He'll be blogging Sundays at 8pm ET. Hey everyone, looking forward to bringing some more interesting discussion threads to the site. Quick background: - Engineering degree + work experience - MBA - Eng-Finance transition - Equity...
Helpful to own firm's mutual fund in interview?
I plan to interview for an ER internship at a buy-side firm this coming fall. Would holding a company's mutual fund in the investment style I prefer be helpful when discussing personal holdings?
Q&A: 3rd year ER analyst
I have been an ER analyst at a BB for the last 3 years... I am now moving to the buy side, starting in 2 weeks' time. I have always found these threads useful so thought would create one myself in case anyone wants to ask about sell side (or buy side) equity research , and I will do my best to help....
How do ER analysts treat Acquisitions?
I am a complete newbie to ER but I had a question I wanted to ask. If a company has an equity investment in a firm till 2013 but then takes it over and consolidates it starting 2014, Then how do you make revenue projections starting 2014? How would an ER analyst treat something like this? Would you...
How to adjust figures for stock splits?
How do I adjust prices for stock splits when looking at historical data? Are they typically already adjusted by common sites like Google Finance? Along the same lines will historical EPS be adjusted? I looked around on the internet for these answers but couldn't find any clear response as to how to...
9-5 exit options
Hi, I am going to be a senior in college and trying to find career options. I know a lot of people on this forum are super ambitious about their career and dont mind working 60-80 hour weeks throughout their entire career in order to make a ridiculous amount of money. However, I am looking to jump...
Equity Research vs big 4
Hello, I am currently a college student looking for ideas on where to start my career. I am an accounting major at a good business school and have a great GPA. I have been doing a lot of searching of what would be a good career path for me. I have been noticing that many finance job exit options...
Handouts in buy-side ER interview?
I don't know if it's different on the buy-side vs the sell-side, but in an interview involving a stock pitch (all ER positions) is it appropriate to have a handout summarizing key information and give it to interviewers? Or is it more impressive to just rattle off numbers to them? In the former...
ER entry from pretty good MBA
Pretty new to the forum and looking for some help. I will be attending a good, not great MBA program this fall (15-20 ranked school). I am looking to break into ER , preferably on the sell-side. I will be entering school with four years experience at a large asset manager in a trade support role. No...
Equity Research Value Investing
I'm currently a student in college and am extremely interested in equity research, but also have a fondness for value investing. I've read and continue to read many books on the subject. For most Equity Research positions on the buy-side, would taking this mindset into an interview be a hindrance?...
Financial statement analysis help
I'm Looking at a company who uses the direct method to get to CFO. Cash Receipts from customers is $7bn but revenue as recorded on the IS is $6bn. Receivables only fell by c.200m so I'm not sure where the rest of this $800m is coming from. Any ideas?
Franz Kafka & Hanging Your Own Shingle
Anyone here a fan of Franz Kafka? He wrote a great story called "The Metamorphosis" and the story's main character, Gergor Samsa is in quite a pickle, work-wise, and fears for his livelihood: [quote] I will get dressed immediately, pack my samples, and be on my way. Will you all, will you let me go...
Resume for Corporate Finance/Equity Research/Risk Management
Would appreciate any valuable opinion. Targeting banks/funds in UK. Also, I have had some serious health issues and family stuff. Can I put the extenuating circumstances like that on resume? It did affect my undergrad grades very much and it was twice as hard to get top class on postgrad too because...
Looking for candidate interested in working on stock pitches and model valuation part time via email
I am looking for somebody who is interested in learning about valuing companies and pitching stocks on both the long and short side. I have recently started a blog where I intend to publish stock pitches and models. The role will not have hard deadlines for completing work nor that much work per...
Canadian university student question
Hi I am a third year BBA (starting sept 2014) at a semi-target canadian university looking to secure an equity research or investment banking summer job next year. Please critique my resume on formatting, job description and overall look of it and how it is. Side note question, is it a good idea to...
rip apart my resume please - Canadian University student resume
Hi I am a third year BBA (starting sept 2014) at a semi-target canadian university looking to secure an equiry research or investment banking summer job next year. Please critque on the formatting, job description and overall look of it and how it is. Side note question, is it a good idea to bring...
Is It *Probable: Middle Office to Investment Management via MBA
Hi All,
Selling Research for Revenue?
Is it possible to you research of company as a public form of revenue? The plan is to start an advisory firm with consulting, accounting, management services (to name a few). In terms of service fees, if I can get a company to agree to publicly disclose their financial performance rather than...
Rip my resume to pieces - Equity Research
During my senior year I discovered through my work with our student managed fund I wanted to work in ER . I won't go into the details unless somebody is curious, but since then I have been working relentlessly to network my way into the industry with some luck of getting interviews, but no offers....
What do you do if you think your assigned sector is in a bubble?
Let's pretend the year is 2006 and you've just been hired as an SS ER guy in the real estate team. You, being a rationale and astute investor, feel that real estate stocks are severely overvalued and positioned to lose up to 50% in the next 2 or 3 years. What are you supposed to do about it? I can't...
Brokers who detail the calculation of cost of equity in their notes
Hello, I'm searching some names of brokers who detail how the calculate the cost of equity (with equity risk premium and son on) brokers note. Have you any name of brokers which do this ? Thanks :)
Correcting errors in published research
Here's a bit of a grey area which I was hoping someone can shed some light on. In terms of errors in published research, are there any government regulations around the process of amending the report? For example, I know research firms will generally issue an erratum if there is a serious mistake in...
Casey Research - Junior Investment Analyst
Anyone familiar with Casey Research and their Junior Investment Analyst positions? I would be interested in hearing mostly about exit opportunities (specifically, is this good experience to break into a front office position at a hedge fund?), but also about job responsibilities, compensation/bonus,...
Need Advice on Internship Situation
Hey Guys, So it looks like I will be starting an internship in ER in June. I have been told that it is technically a 3 month internship but it will probably turn into more like 5 or 6 months. The prospect of getting a full time position, at least with this analyst, seem very slim, but obviously the...
The Weekly Pitch: CCC, An Environmental Growth Stock
Greetings. I will be starting a new blog on WSO where I will focus on putting together quality equity research pieces. My goal is to get practice at writing ER and to hopefully generate some investing discussion on the boards in the process. I'll be starting a sister blog here:...
travel requirements for a new employee in Equity Research
For people fresh out of college who get hired by bulge banks, how many days of the year are spent on the road? What would be the purpose of the travel mostly?
Market and equity research
Hello everyone, I am new member of the WSO community. I am currently a graduate student majoring in political economy, I am also taking classes in corporate finance , financial management and international finance. I am looking for an internship in market or equity research . I have a special...
Best introduction email to head hunters from experienced candidate
I am interested in reaching out to HHs at major recruiting firms. I am an experienced candidate interested in new ER positions and HF positions in a specific city (SF). Ideally I'd like to use a very short, very simple letter to reach out to them to introduce them and give them my resume. I thought...
Equity Resarch Report Help!
Hi guys, Can anyone tell me where I can find free equity research on ebay ? or maybe send me some reports (with the financials) if you have access to good source? Thanks in advance for your help!
Newbie Introduction
Hey WSO! I'm just here scouring information on investment banking and equity research . I am currently an undergraduate in college looking for any useful information to help me get where I need to go. If anyone has any tips for a college sophomore at a non-target state school it would be greatly...
Models / Work From Past Firm
Hi All, I recently took a job in ER and have a question regarding the legality of using work from my analyst's past firm. My analyst uses models/reports from his last firm to do work at our current firm. He is a new analyst and came to my current firm from a well known bank. Since working for him, I...
How much influence can you have on the ER team you're placed in?
From reading this forum, it's pretty clear that it is extremely important to work for a well ranked analyst. However, I know that for many of the summer internship programmes at BB banks in London, you are randomly assigned to a team with head count and after your internship, you may be moved to...
or Want to Sign up with your social account?