Showing results:
Displaying 1,201 - 1,250 of 5,333
Need some advice for getting into IB
Hello, I need some advice for getting into IB. I'm a rising senior at NYU studying econ. For 2 and a half years, I studied Chem for Pre-med, so I have zero IB internship experience. I just did an audit internship at a big 4 firm (it was the only thing that worked out for me this summer), and I'm...
Would I be stupid not to take this IB offer?
I've been working in my current role for
Big 4 Deals an IB Alternative?
How does the deals division at big 4 stack up to investment banking? Is it a reputable alternative? I would love to know how similar the work is and whether the work/life balance is as bad. Obviously compensation is lower, but surely this would be amongst the highest paid big 4 divisions? Perhaps...
PJT London vs Citi London
I have 2 outstanding offers for a SA 2023 position at Citi and PJT London- any thoughts/ advice on which to choose would be very much appreciated!
Name dropping from different country...
Hi Guys, quick question here: Is there any point name dropping in my cover letter ( for spring week in UK) if the person I name drop works for the company in a different country? I assume the people in the office I am applying for will not know them, but may still be useful to show I have been...
When does a DCF produces a lower valuation than the LBO
I came across this interview question and was not sure: "When does a DCF produces a lower valuation than the LBO" Some help?
M&A Process Letter - Interview Question
I stumbled on a M&A process letter interview question. Appreciate some insight for you Monkeys: - How would you structure a sell side process letter for Round 1 and 2? What are the typical terms in the letter? - How does the letter content differ for Round 1 and 2? - I answered one is non-binding...
Investment Banking Spring Weeks Questions Advice
We all know receiving investment banking offers for spring weeks/insight days is pertinently a numbers game which is mainly based on the earliest time a candidate is able to submit a well rounded application. For those who have been through the spring week application process, during the interview...
How Do You Deal With FOMO Or Opportunity Cost In Choosing Your Career?
Hi guys, battling with this for a while now and would really appreciate someone sharing their insights into how they deal with the fear of missing out or opportunity cost of pursuing real estate versus other career paths.I'm currently in college at the moment and hold 2 interests: one being...
Teneo Capital Advisory (IB) - Questions
Hi everyone, Anyone have an idea what the culture and compensation for a second year analyst at Teneo is like? Also, if anyone has insight on the types of questions they ask in their interviews that would be really helpful! I saw the company's Glassdoor page and tbh it looks padded af from senior...
19 y/o Student - Tips on getting into Investment Banking
Hello everyone, I am from Germany and recently graduated with a high school degree that's equivalent to a 3.0 GPA in the US and landed a position for a dual-degree at a university in my city recently. The university isn't renowned in any way on an international or even national scale, although the...
Definition of a Financial Investment
A financial investment is an asset that you put money into with the hope that it will grow or appreciate into a larger sum of money. The idea is that you can later sell it at a higher price or earn money on it while you own it.
Which internship offer to go with?
Current undergrad at UVA and I am in a bit of an interesting situation. First year I took a mix of cs and econ classes, and with some hs experience in cs I now have 2 internship opportunities for next summer. 1. SWE intern at decent mid-level company (non FAANG level tho) 2. Consulting insight...
Should i take PWM role in sophomore year, if my goal is to go into IB?
So my situation is that I am in my sophomore year (in Australia) and have been offered my first role at a pretty good PWM firm. This would be my first corporate job. However, my goal is to get into IB eventually. I also have a close connection with a valuations manager at big 4, who i am confident...
IB to Tech - How Does It Work?
Trying to get an understanding of what specific jobs burnt out bankers wind up moving to in tech. The past 6 months aside, tech has been the place to be for the last decade. Bankers have been moving to FAANG+ in droves for strong comp and better WLB. My question is, what jobs are they actually...
RE: Transitioning from CRA to IB or Private Debt
Hello, New to the forum here. I currently work at one of the big 3 CRAs and got my CFA recently. I cover U.S. corporates- primarily on high yield and levfin issuers. Was wondering what the best strategy is in terms of making a jump to IB or Privat Debt. My role is about a middle manager (Associate...
Former SA at a crossroads: RE or IB
I need some help deciding between two jobs. I just finished a CRE debt internship at a major player in the space (JPM, WF, BofA). The position pays very well for the hours (100k base for 45-55 hour work week), and I would get to work in my hometown, which is awesome. However, I just finished...
Is it normal to feel like an idiot during training?
Hello all, I've been training with my analyst class for about three weeks now and I just feel as if everything is bouncing right off my face and I feel like an idiot compared to everyone else. I did well in college and grinded for this career path but it feels like nothing is sticking. Does it get...
Project Finance - Nord LB
Hey all, Looking for people who can speak about Nord LB's reputation within project finance circles. I'm aware that the Japanese and French banks dominate this landscape, and wondering how Nord LB stacks up in terms of the people, dealflow, comp, hours, and exit opps. Thanks in advance.
Advice for MO interviews?
I am preparing for 2 BB MO interviews as an Equities Volatilies Product Control/Valuation Analyst. Any advice for interviews? How do MO interviews compare with FO interviews i.e less or more technical questions? Any interview questions that are certain to come up that differ from normal FO roles?
Want to work in HF long term, what is better for junior summer internship
Answered - post has been answered. Thank you. Answered - post has been answered. Thank you. Answered - post has been answered. Thank you.
Is it wrong to network with people on the opposite side of a deal?
The title is pretty self-explanatory. Working at a PE firm for the summer and often see either very interesting opposing sponsors or top-tier advisors for the sell-side team. Given I'm aiming for an IB spot out of undergrad, would it be wrong to network with the sellside advisors? Appreciate any...
London IB hiring freezes?
Just wondering if anyone has heard from their HR department on hiring for this year and what that looks like? No mention of freezes where I am in London (Big 4 CF)
Comp Advice - Unconventional Career Path
Hello, I was hoping to get some advice from you wonderful folks about what would be a fair comp level for someone like myself. Context: I am in the private debt space. I am currently working as a senior analyst and our team sits on the buy side of the transaction. Firm is very large and renowned:...
Breaking into IB from corporate?
Hey! I graduated two years ago from a top target undergrad b-school with a major in finance and always had my sights on IB. Unfortunately due to some family circumstances, my grades suffered in undergrad (3.2 gpa) and I missed out on recruiting season. Long story short, I graduated right when Covid...
Leveraging Expired Offers / Lying
Hi everyone, I want to know your thoughts on this. Heard that some candidates over past processes have been using expired diversity offers or have been lying about attaining offers to leverage securing early rounds for SA processes. Wondering how your firm views it and want the standard practices...
Capital Raising for Venture/Growth companies (scale-ups/start-ups)
All How do roles differ for Analysts / Associates who work on capital raising advisory for venture / growth stage companies (i.e. Series B / C / D fundraise from VCs or growth equity firms for scale-up or start-up companies) vs typical M&A roles. What does the role entail? What is the level of...
Wells Fargo IB FT
Has anybody been invited to a 1st round interview? Emailed recruiter but said she/he would get back to me soon. Wondering if anybody has heard anything as applications closed on Sunday.
Global Capital Markets Morgan Stanley offer
Hey, I have been recently been provided the opportunity to join the GCM team but IBD is definitely my long term goal. I was wondering if anyone has had any experience with GCM at MS and could provide info about your role, exit ops, possibility of mobility etc. Thanks a lot everybody :)
Advice on leveraging midwest MM IB offer for a IB full time offer in New York
Hey Guys, I just finished up my IB summer internship at a midwest MM bank. I got my return offer but I want to work in NYC because of proximity to family and friends. I know I can do a year at my current bank and lateral after, but I would rather just start my career back at home then spending...
Got Milk?
Aight boys and girls I need some advice. I'm currently doing a bachelor of business at QUT in Brisbane but am strongly considering switching into a double degree in Mathematics & Business. Is this a viable option for S&T/IB and is it worth doing a STEM degree to stand out from the other million...
Amortization of Bond Premium
If the below is for OID, what is it for premium? Let's say $10 premium. Also, do amortization expenses create DTLs? Why/why not? Curious given write-up of intangibles leads to a DTL 3 statement impact of OID IS : An annual OID amortization expense is recognized on the income statement for each...
Future of balance sheet / in-between banks?
What are the best groups at places like WF and Nomura? Will they ever build up their advisory business or is levfin still their bread and butter? I'm fairly curious to know how changes in the economic landscape will affect deal flow, as well as what analyst experiences are like compared to bb/eb/mm
Thoughts on IB Data Science groups (eg. GS IBD Strats, Citi M&A Strategic Advisory)
Interested in learning more about what these groups and where people tend to exit to. I'm a CS/ECON double-major and have experience with data science and finance and am looking to go into IB and then preferably HF (best fit given personality and strengths). These groups look interesting but I want...
Reflexion: It's amazing how toxic junior Investment Bankers can be
I just hit the 1 year milestone working at my desk, and as I am entering my second year in Investment Banking I must emphasise how disappointed I am after seeing how toxic your peers can be. I joined my group at a BB in London last year along with 2 other analysts, and although I knew IB was a very...
Imperial Master for IBD Recruiting?
Hi guys, I have received an offer to study at Imperial Business school for the MSc Investment and Wealth Management programme (my only offer this year). I am very torn on going or not and would appreciate any advice as the deadline to accept is approaching fast! I graduated with a first-class...
Real Estate Investment Banking Coverage?
I have an interview lined up for IB real estate brokerage team at a big bank. It'll be my first ever IB interview and I dont know what to expect. However, I do know BIWS 400 are must knows, but thats all. To get ready for real estate industry specific technical questions, Im willing to spend up to...
Real Estate Investment Banking Coverage?
I have an interview lined up for IB real estate brokerage team at a big local bank. It'll be my first ever IB interview and I dont know what to expect. However, I do know BIWS 400 are must knows, but thats all. To get ready for real estate industry specific technical questions, Im willing to spend...
TD's acquisition of Cowen
Just heard the news of TD's acquisition of Cowen. Any thoughts on what this means for the TD IB brand in the near/long term?
2022 Analyst 1s base salaries & bonuses
Hi All - I work in business operations for a top-tier investment bank and trying to gauge base salary and bonus levels. Could you please post your firm (if want to remain anonymous, could you state if its a boutique or bulge), base salary for 1st year analyst, and 2022 bonus? Thanks!!
Where will the big money be made during the 2020's?
Where do you see finance's biggest "white spaces" in this era? Let's assume your goal is to become a billionaire in financial services, to put it simply. Let's also assume tomorrow you're given $25 Million dollars carte blanche, as well as a healthy rolodex, to assist you on your journey toward this...
Transaction Banking to IBD?
Hello, I'm a sophomore who was offered an internship at GS's transaction banking division. I was wondering what the possibility of me internally transferring the next year to Goldman's investment banking division. Based on my knowledge, internal transfers get past the "fit" aspect of the interview,...
Best playlists for late nights in the office
I am curious to know what kind of music do people listed when they find themselves in the office after midnight without MD or VPs around and no one to interrupt your work. Also any recommendations are welcome. I usually go with tech, house, dance and trance playlists: Armin Van Buuren, Tiesto,...
Chances of breaking into IB in Sydney without PR
Hi guys, I am in a bit of a dilemma here and would really appreciate some advice. I am an international student who has been studying in Sydney since high school. I just graduated from UNSW with an honours degree in Finance a few weeks ago. The WAM for my honours is 91.6 (First-class) and for my...
Macro Event Trading - Books
Looking for some good books to read on hedge funds and more specifically macro event trading strategies. Does anyone have any recommendations?
Just failed Series 79 TO and 63-how bad is it?
Made this account just to ask this, but how bad is it starting as a first year IB analyst having failed the 63 and 79? I know I have two tries before getting fired, which is also terrifying, but on a scale of 1-10 how dumb is my manager going to think I am?
Benchmark IB Salary London 2022
Hi guys, Here is a consolidated thread of comps in IB in London as of Jun-22 In £k GS: 70 JPM: 75 MS: 70 BofA: 57.5 (As of Feb-22) Citi: 70 BCL: 60 UBS: 60 CS: 60 DB: 59 BNP: 60 NMR: 60 LZD: 60 RTD: 62 PWP: 70 CVP: 80 EVR: 70 PJT: 70 JEF: 70 Feel free to comments if any mistakes ! *Base salary for...
Return offer rates
Have heard from a few different people across different banks that return offer rates will be lower this year than years past. Is this true? I know most places probably overhired given previous deal flow but wanted to get a sense of how accurate this was. Currently an intern at a BB in Nyc.
Morgan Stanley M&A
Seeking some clarification on networking and the recruiting process for Morgan Stanley. It's my understanding (reinforced by a few current MS analysts/associates) that getting a summer analyst offer at the firm is highly contingent on knowing an MD. Meaning unless you have an MS MD pulling for you,...
Life Altering Dilemma/Pivotal Decision, Give Me your take. USC vs Cornell (I swear its different)
First and foremost I would like to apologize for the heinous clickbait title. I had to get your attention somehow, and quite honestly, the title isn't far off from how I feel. I finished my freshman year at a CC in Los Angeles and was offered transfer admission to Cornell Dyson and USC Marshall...
or Want to Sign up with your social account?