Highest Ranked Discussions

AllStateRap

Hi everyone. I go to a top feeder elementary school and hoping to get into <abbr title="middle market">MM</abbr> or hopefully <abbr title="megafund">MF</abbr> <abbr title="private equity">PE</abbr> down the line. I'm...

slippy777

Curious about the dumbest things you've ever said in an interview that make for a funny story. I had a coffee meet with associate/vp today (family friend). I have f'd up couliflower ears from wrestling/mma. The associate was a wrestler and commented something along the lines of...

frgna

<!--<img class="img-responsive center-block" src="https://www.wallstreetoasis.com/files/ib_questions_title.png" alt="Investment Banking Interview Questions: A Comprehensive Guide" />--> I was in your shoes about five or six years ago. I worked as an...

Keyser Söze 123

Haven't seen this post in a while, and I'm interested in hearing everyones stories. Below I've included my own story, which happened at a large boutique firm on the east coast. It's lengthy but hopefully a worthwhile read. To begin, I'm in the office it's...

frgna

I was writing an email to a fellow monkey who is about to start as an investment banking analyst in the summer. It's been a little over 5 yrs now since I was a wee young first-year analyst in restructuring for one of the <span class='keyword_link'><a...

cabbagecorpIPO

I love the stories of interns crashing and burning, drinking too much, or doing something stupid as much as anyone else, but are there any tales from the opposite end of the spectrum? <em>Mod Note (Andy): One of the most viewed posts of 2017.</em>

Simple As...

When I did my AMA thread a while back I promised at least one person that I would share my general research process. So here you go... Every analyst has his/her own way of conducting due diligence. There certainly is no one correct way to come to an investment decision, however, I’d argue...

Draper Specter and Co.

In honor of GoT S7 premiering next month, I'd like to pose a simple question to the <abbr title="Wall Street Oasis">WSO</abbr> community. If the investment banks were the Houses of Westeros, which would they be? My Opinion: <span...

bbjhva

Five years almost to the date, I was fired from <span class='keyword_link'><a href="/company/oliver-wyman" target="_blank">Oliver Wyman</a></span> (after 11 months at the firm, straight out of ugrad). This is when I'd walked into the...

Gotham's Reckoning

Chimps, after working with all of our first years at our firm on several deals, I’ve found that I’m frequently getting asked for tips and tricks that I wish I had known as a new analyst. I’ve listed out some insights on what I think every analyst should know as they begin their stint in...

Anon1254

I know it's a jungle out there guys. It's tough for people just graduating to find jobs, but it's even tougher for those in the work force and those with a non-target educational background to break into Finance (let alone work in a competitive sector). This story is a...

YNWALIVERPOOL

<a href="https://www.wallstreetoasis.com/forums/2018-full-time-ib-recruiting-timeline-megathread-page">See the 2018 Full-Time <abbr title="investment banking">IB</abbr> Recruiting Timeline Megathread Page here</a> EARLY RECRUITMENT PROCESS /...

David Aames

I turned 30 last week, thought i'd pass some advice and my favorite quotations on to you all. I pulled all these from my <em>grand</em> list so it is by no means comprehensive, just a sample. Enjoy. fwiw I'm ex finance (spent 3 years in <abbr title="investment...

NuckFuts

We all know banking isn't easy, and I am usually all about encouraging young people to work hard in finance since the long-term benefits to your career can be incredible. But it's good to be realistic about the job - many of us tend to act like heroic titans of finance who love the...

CompBanker

There has been a lot of recent discussion on these forums as well as in the media regarding the value of an <abbr title="Masters in Business Administration">MBA</abbr>. As a longtime member of the community and someone who recently made the decision to pursue an <abbr...

Jared Dillian

Hey monkeys, I'm on a plane from CLT to PHX, and I have wifi, and I'm not in the mood to work on my book. I like giving you guys some of my more thoughtful newsletter articles every once in a while, but I've never directly contributed to the forum. I have a few hours to kill, so...

johndoe89

Guys, This is a serious and sincere plea to any of you undergraduate kids who're using these silly titles on their LinkedIn profiles. Please for god's sake, take this out. It just looks stupid and wannabe-ish. I don't know who started doing this and where, but it's just...

mergersandacquisitions78

So I'm recovering from a procedure and out of commission for a couple days, and I thought I would use the downtime share a few observations / career guidance for those people starting out in the business. Take this with a pinch of salt, as its one person's advice, but these are all...

Goldmansak

Viewer discretion advised. This is mostly a rant and I apologize in advance. But hey, sometimes <abbr title="Wall Street Oasis">WSO</abbr> gets a little dry so we gotta spice this up a bit. Love y'all btw. 1. Recruiters can lick every inch of my ball$ack....

overpaid_overworked

So, apparently I haven't been on this site in while, and it'd be a shame to make a return to just complain, but I've emptied the beers from the minibar and it's still way too early to sleep, my body now evading anything approaching a circadian rhythm. Instead of sleeping,...

jhoratio

This idea was discussed within a comment thread a couple month ago but I thought it deserved its own thread just because of how awesome it is. I wanted to share with you guys a tip that is virtually guaranteed to improve your interviews. Here's what you do: 1. Arrive at interview...

Candor

I am about 3 weeks removed from receiving three <abbr title="private equity ">PE</abbr> offers (from <abbr title="megafunds ">MFs</abbr> and top <abbr title="middle market ">MM</abbr> firms), both elated and relieved to be done...

Marcus_Halberstram

Here goes a book... and not because I need to defend myself, but because I think I have a perspective a lot of people can relate to but can't necessarily put their finger on. <h3> Laziness </h3> I don't look down on "ordinary" people. I am an ordinary person....

anonymousman

Like a majority of people who are on this website, I used to come on here and write bullshit about a life partly my own, partly fantasy. I'm now going to uncloak the anonymous man and tell you my story. My name is Stephen Ridley. I graduated from a top tier British University with a...

BlackHat

Still jet-lagged by 8 hours from a day and a half in London, I haven't slept for a good 48 hours and remembered I owe <abbr title="Wall Street Oasis ">WSO</abbr> my process for dissecting a <span class='keyword_link'><a...

labanker

There's a perception of people on the street that private equity is the cream of the crop. The hours, the pay, the beloved carry, the work itself - is it all greener grass syndrome? Not quite, private equity is pretty awesome by most standards; that's why becoming a private equity...

WallStreetPlayboys

This is a long winded post and is tailored to people looking to get a good look into <abbr title="financial institutions group">FIG</abbr>. We're unsure if there is demand for content like this but... 1) if you guys are interested in <abbr title="financial...

ItzWhitneyBItch

About a year and a half ago, I posted about getting 20+ interviews and no <abbr title="full time">FT</abbr> offer (<a href="//www.wallstreetoasis.com/forums/20-company-interviews-laterno-ft-offer-looking-for-advice">20 Company Interviews Later...No <abbr...

babyygotwacc

So I've had this hunch for a while and wanted to get others thoughts. Before you think I'm crazy and sleep deprived just look at the evidence I am about to bestow upon you all. Over the past year I've been growing suspicious that my MD is a vampire... There are several reasons...

EbbsAndFlows

Did anyone else hear about a summer analyst dying recently at a Chicago MM? Apparently he had worked some crazy amount of all nighters. Unclear as to what the exact cause of death was. I’m not bringing this up for e-cred but to say that this shit is absurd and needs to change, I’m sure...

PJC Truther

Takeaway message: Piper Jaffray (PJC) is a massive sweatshop. Probably one of the worst <abbr title="middle market firms">MMs</abbr> for work/life balance from what I’ve seen and heard. Imperial Capital is the only other <abbr title="middle...

Goldman Snacks

So, everyone is a prestige whore in some way or another. Let's be honest. For every 1 person who can afford to pay cash for an S500 AMG but drives a Prius for the mileage, there are 100 million people who finance a car they can't really afford. The same applies to school - How many...

PrestigeCaller

**Update:** See the Non-Target Edition <a href="https://www.wallstreetoasis.com/forums/by-popular-demand-ranking-the-douchiest-people-you-will-meet-on-wall-street-non-target"> here</a>. <h3>The HPY Kiss Ass:</h3> Imagine this: The entire analyst class has to...

Sil

It’s been a slow day at work, so I decided to do something useful and type up this thread with some basic networking tips. I went into my background in detail in <a href=”//www.wallstreetoasis.com/forums/lateraling-guide”>my lateraling guide</a>, but basically I went to a...

famejranc

What do you think? What is a sign that you have really succeeded in life? How high have you set the bar for making it? <em> #8 top discussion of 2018 </em>

The Real Slim Shady

Hello my fellow Monkeys, Although I've been stalking this forum for a year and a half, I didn't have the courage to officially join until recently. I'm currently in my second internship with <abbr title="JP Morgan">JPM</abbr> and have some down time after...

Gotham's Reckoning

<h3>Disclaimer</h3> This post isn't meant to be a salty venting, but more of a sharing some of my self-realizations from the past year on things that I wish I had fully understood 12 months ago. “Congrats on closing your deal!” “You were a rockstar on this one –...

Wall Street Mentors

<em>Mod Note (Andy): Bumped this back up from winter 2010 and it is still useful, but <strong>even more companies and banks are listed in the <a href="//www.wallstreetoasis.com/wso-company-database"><abbr title="Wall Street Oasis ">WSO</abbr>...

Dances With Newfoundland

Recently, as I contemplate my life in this soulless dystopian tech city, I cannot help but fantasize about Chicago and how awesome that city really is. So underrated. The only true negative is the winters. Consider the following: 1. Very cheap for a major city, especially rent. There are...

Spacesarenotallowed

Disclaimer: I've made a throwaway account due to the crippling embarrassment of what just happened to me and my fear of being connected to this in anyway. I'm <span class='keyword_link'><a href="/company/goldman-sachs"...

Nefarious-

You think I’m f*cking with you? I am not f*cking with you. I have been noticing a very cancerous trend in this country. A trend that has even leaked onto <abbr title="Wall Street Oasis">WSO</abbr> in many aspects, which is arguably filled with very ambitious and...

PrestigeCaller

11 Things Employers Tell Interviewees and What They Really Mean <h4>1. "We Have a Very Flat Hierarchy":</h4> We have a few VPs that take home all of the carry and three dozen Analysts grinding out all of our legwork because it's cheaper. All you little shits are...

yessir1

<a href="https://www.wallstreetoasis.com/forums/2018-summer-analyst-ib-recruiting-timeline-megathread-page">See the 2018 <abbr title="investment banking ">IB</abbr> Summer Analyst recruiting megathread here</a> <strong>Updates:...

averagejoe1010

Hey guys. I'm a 29 year old white male with a loving wife and 1 year old son. I went to a state school (Cal State Fullerton), graduated with a 3.1 GPA (didn't give a crap about school, just partied) and then got a sales job. Then I busted my ass (I'm not analytical or smart, but...

square_miles

<em>This comment was a response to the @ContemplatingBanker"'s post on <a href="//www.wallstreetoasis.com/forums/how-to-deal-with-the-hours">"How to Deal with the Hours"</a> (find this comment lower down on page 2). Patrick called this "one...

GridironCEO

Monkeys, Wanted to share with you this story that happened at my company. Happened on a different team than I'm in in, but in the same building. Kid starts out in the <span class='keyword_link'><a href="/finance-dictionary/what-is-the-back-office-BO">back...

whitecollarandsuspenders

First, shout out to @phantombanker" for his original work "How I got a 770 on the GMAT with minimal effort while working banking hours" which I attempted to pay homage to with the post title. ### Introduction **Re: This Post** This post applies mostly to the Quant...

Stay.Hungry

As you probably saw this morning with a headline along the lines of “Google Anti-Diversity Memo” or something similar, someone at Google wrote a 10-page piece that challenges the status quo regarding the gender gap. The actual title is “Google’s Ideological Echo Chamber” and by the...

subsix

I've been an observer on this site for a few years. In my mid-40s but use the site to keep current on how younger guys look at the business, career expectations, etc. Thought I'd do this AMA in order to pass on what I've learned (though it's your call as to how much you...

Option Value

Hello <abbr title="Wall Street Oasis">WSO</abbr>, I have been a long time lurker, and this is my first post (or maybe I am one of the top rated authors who decided to make a post anonymously). I have noticed a certain lack of information about infrastructure investing on...

PrestigeCaller

**Most Prestigious Cities:** Gods of Prestige: New York, Hong Kong, London Very Prestigious: Chicago, San Francisco, Singapore, Zurich, Frankfurt Prestigious: Charlotte, Houston, Atlanta, Washington D.C., Boston Meh: Los Angeles, Dallas, Miami, Minneapolis, Philadelphia F*ck Your Life:...

ibgybg

Longtime reader here, left the biz in 2012. I thought I'd give back and post some good advice that was shared with me by an older mentor when I was younger. Learn it. Use it. Live it. Hope you find it helpful. <h3>15 CAREER STEPS</h3> 1.) Perception is everything...act as...

TorontoMonkey1328

Enough coddling: by definition some people are the bottom 15%. For those of you who don't have the self-awareness to recognize you aren't cutting it, here are the signs (real life examples). If you do any of the following, I shouldn't have to explain to you why you are a bottom...

BlackHat

Financial planners, mutual funds, <span class='keyword_link'><a href="/finance-dictionary/what-is-an-exchange-traded-fund-ETF"><abbr title="exchange traded fund">ETF</abbr></a></span> managers, and even Warren Buffet all say the...

ridzr

I just got offered a J.P. Morgan - Video Interview. What should I expect? This is what was stated in the email. "As mentioned previously, we would like to give you the opportunity to tell us more about yourself and invite you to record video responses to 3 questions." Please let me...

IamObama

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...

Pizz

My dad and mom, who are poor, but sacrificed a lot for me (working 2 jobs, working on weekends, etc.), I'm sending them off to a nice long vacation, all paid by me. What have you guys done for your parents, just out of curiosity? Also paid off all of their debt they had (under 5k). Seems...

VPGuerilla

<em>Mod Note (Andy): Throwback Thursday - This was a originally posted in June 2012</em> So the interns are out in full force. Hoards of them. (Before I get into this-- I have no idea why they are called "SA's" these days- they will always be interns to me.) I...

Group Therapy

There are a couple different paths that you can take as a finance major: <ol> <li>Commercial Banking </li> <li><span class='keyword_link'><a...

APAE

<em>Mod Note (Andy) - #TBT Throwback Thursday - this was originally posted on 10/11/13 and is great information for those thinking about which types of banks to apply to for <abbr title="full time">FT</abbr> and <abbr title="summer analyst...

WallStreetOasis.com

<img src="https://www.wallstreetoasis.com/files/ib_resume_title_0.png" alt="Investment Banking Resume Template - Official WSO CV Example" /> <p><b>Attached to the bottom of this post, you will find the Wall Street Oasis Investment Banking Resume Template...

X2

I'll start us off. The first one is not quite dumb, but funny nonetheless. I applied to a retail banking (teller position) internship years ago to get some first-hand interviewing experience, knowing very well I didn't want to go into retail banking. When the interview was over, I...

Stalagmite

When I joined the industry, fresh analysts like myself would flit through the morning newspaper like a drowning man who clutches one spar after another for support. Our attempts to stay abreast were as haphazard as that man’s attempts to stay afloat. On page 1, we would read an article...

afe9

Hello guys, I'm an Economics graduate from the University of Iceland. I thought I'd share with you some information that I believe has never been made public before, at least not in English. It's a story about some brilliant investments that made a select few hedge funds A LOT...

M. Blank

I can't answer if <abbr title="private equity">PE</abbr> is the best job in the world but I can offer a little outside perspective that some may be interested in. Having spent the better part of the last decade in SEAL Teams and other specialized units, I found...

Henri Poincaré

<em>Mod Note (Andy): 8/16/18 - Updates continue to roll in, make sure to check <a href="https://www.wallstreetoasis.com/forums/2019-ft-analyst-recruiting-timeline?page=1">page two</a> for the must up to date information.</em> Haven't seen a thread on...

DCF_king

List some of the funniest phrases your MDs have used Ex: "spin your wheels" "bat this around internally"

NiuShi

<em>Mod Note (Andy): "WSO Best of 2013" - this was originally posted Aug 1st.</em> So summer is winding to a close and recruiting season is rapidly approaching. Monkeys will be dusting off their resumes with the hopes of securing <abbr title="investment...

macro bruin

Howdy folks, this market has me bored to tears [edit: I'm truthfully also just having a harder time getting a read on conditions than at any point in my career, so that is prompting both frustration and introspection], and just for work-unrelated reasons, I have a bit more free time on my...

AllDay_028

As much as Donald Trump? In the last week we've seen proposed plans come out of the white house that: Gut medicaid and limit access to low cost private insurance Cut low income housing programs Cut low income food programs Cut after school and summer programs primarily attended by...

The Uncontortionist

Disclaimer: I abhor both candidates who captivated the nation Tuesday evening as their bizarre and disgusting efforts over the past year that made our country look like a flaming pile of shit in a paper bag, desperate to be stamped out, reached their ultimate climax. I wrote recently about both...

johndoe89

I compiled this post because I've received several questions aroud this topic in private messages and I thought it may be helpful to discuss my experience with a wider audience. I would like to caveat all of the information in this really long post below by saying that these are all broad...

GridironCEO

So this email has been making the rounds all day and it was sent by an <abbr title="New York City">NYC</abbr> Moelis Staffer to all the analysts at the office after finding out that many of them weren't in the office at 2AM. Each number listed was crossed out to...

monkey_brah

<em>Mod Note (Andy): <a href="https://www.wallstreetoasis.com/forums/burnout-life-choices#comment-1707407">make sure to see the top comment below</a> by user APAE</em> All, Created a burner account here to talk about burnout and life choices. For...

DickFuld

Who saw the interview with Kellyanne Conway on Meet the Press this morning where she outlined the "alternative facts" the press secretary was offering yesterday about the about the size of the crowd at the inauguration on Friday? Truly bizarre that White House representatives are...

Sizzling_Biscuit

Investment Bankers have a secret way of communicating with one another. Whether it's a discreet nod or those matching Ferragamo shoes/ties, bankers have a fraternal pact with one another that everyone outside the industry just wouldn't understand. However, you'll soon realize...

valuationGURU

Networking is one of the key factors in the success of most young professionals. Whether it is gaining valuable advice or getting a leg up in the hiring process, networking opens doors and unlocks knowledge that would otherwise be hard to find. <h3>best way to track networking...

Johnny Peppers

Hey boys, I'm in a bit of a pickle here at work and I need some opinions on how much shit I'm realistically in. For context, I am a top-performing second year analyst at a <span class='keyword_link'><a...

IBtryhard

I am a minority, first generation college student, brought up by a single mother, lived in the hood, etc, etc... Throughout school (K-12) I didn't know shit about anything. I didn't know the importance of a high school GPA because none of my friends (at the time) did either. Nobody...

mxc

<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 4/30/10. To see all of our top content from the past, click <a href="//www.wallstreetoasis.com/highest-ranked-discussions">here.</a></em> The following e-mail has been going around...

Sizzling_Biscuit

<h3>Week 1: Training </h3> You arrive through the large glass doors in your suit and tie. You went to that Brooks Brothers outlet store or Macy's store and bought the nicest white shirt you can find. Your shoes are from one of those large department stores. You even have them...

masters

I have been a long time lurker and recent poster here, I have got so much from this community, I can say I would not have done it without you so I think it is time to give something back. I am sure you heard stories like mine but I hope this can be inspirational to some of you. <h3>My...

WallStreetOasis.com

<abbr title="Wall Street Oasis">WSO</abbr> is excited to have the experts from mbaMission on board to answer applicant questions in the business school forum. mbaMission is the world’s leading <abbr title="Masters in Business...

BlackHat

<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 3/24/13.</em> So I've seen a few posts lately asking about mutual funds, Asset Management gigs, and alternatives to the sell-side out of college, and hopefully my experience taking the asset...

thebrofessor

deletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedelete

NorthSider

I've been doing a fair bit of thinking about the idea of a "work/life balance", and it's a topic that I encounter more often on this board than just about anywhere else, so I thought it an appropriate forum for discussion. When I was in college interviewing for the typical...

KeepingitPrivate

[quote]In three words I can sum up everything I've learned about life. It goes on.[/quote] -Robert Frost From the outside, my life right now looks great. I graduated with high honors from one of the world's best universities, completed my banking stint in a top tier group and am...

Creamofthecrop

So I have been around here for about a year and half now, and have to say thank you to the community. Really learned a lot and got my foot in door based on the advice on these forums. ### The Non-Target School Now for my story, I attended a large (20,000+ students) non-target school. We...

RX

<h3>Wrapping up My Stint at an Elite Boutique Investment Bank</h3> For reference, I finished my second year as an analyst in May 2016. I did <abbr title="mergers and acquisitions ">M&A</abbr> at one of the top <abbr title="elite...

Lloyd BIankfein

**3 reasons why <span class='keyword_link'><a href="/company/morgan-stanley">Morgan Stanley</a></span> is headed to zero** 1. Their CEO, James Gorman looks like a fucking muppet. He isn't even bald! 2. In 2008, the last time they were...

NoJobProspectsInSight

Monkeys, I feel that my GPA has really been holding me back lately. What are your thoughts on putting a pro forma GPA on my resume? I was thinking it would look something like the following: <img src="/files/styles/w800/public/inline/images/capture_6.png?itok=iQ9NBnFi"...

Mark Hanna

Received this floating around last week. Apparently it was written by a <span class='keyword_link'><a href="/company/barclays-capital">Barclays</a></span> kid that just left. For those of you who have bosses who love to use business metaphors and...

MichaelScarn

Pretty self-explanatory: just looking for traits/habits/characteristics of interns that really piss you off and might preclude them from getting a <abbr title="full time">FT</abbr> offer.

Pocket_Rockets

I'm curious to see how other WSOer's job search for <abbr title="commercial real estate">CRE</abbr> is going. Are people seeing a lot of success or struggling?

BlackHat

<em>Mod note (Andy): Throwback Thursday, this post originally went up on 7/11/12.</em> I promised a few people some long overdue wisdom, but haven't had the motivation lately to actually write something up. But after reading <a...

TheGrind

The main takeaways are either headers or in bold. <h3>If you get accepted to multiple top 10-15 schools, take “prestige” out of the equation.</h3> I always tell the story of my good friend who passed up a full ride at Columbia to pay full freight at Wharton due to...

Feinstein

Hi guys, Feinstein here. Short story is, a bit over six years ago, I posted on this forum regarding a career decision on whether to stay in <abbr title="investment banking">IB</abbr> or go to <abbr title="McKinsey, Bain and BCG">MBB</abbr> (<a...

Click OK to Continue

I'm 25, and I feel like I have hardly any money saved. I'm looking at going to b-school soon, and will definitely have to take out loans. I don't think that's surprising, but it just got me thinking about how much is normal to have accumulated at this point in my...

jordan25

In which direction is this world heading? I don´t think there is anything I hate more than Liberals. What do you guys think causes this "trend"? - http://www.newsmax.com/Newsfront/NYC-releases-gender-list/2016/06/01/id/731809/ -...

10xleverage

In the spirit of thanksgiving, I have decided to host a thread where you can ask all you ever wanted about banking or <abbr title="private equity ">PE</abbr>. Please feel free to ask away.

Fear The Bulge

Welcome to a personal rant. I don't care that this looks like a Buzzfeed listicle, because I've got a bone to pick and my opinions matter the most. Here are the five types at my gym that I wish would instantly disappear, leaving only me and the other swole gods, and a bunch of hot...

Beabs

As some of the firms have already started accepting applications for 2019 for <abbr title="Hong Kong">HK</abbr>/SG, I thought it's the time to start this topic for those who are specifically interested in working in <abbr title="Hong...

tiredandangry

Burner account for venting purposes. I'm tired. I'm tired of working at a bank that never wins <abbr title="mergers and acquisitions">M&A</abbr>. I bet they don't feel this way at Lazard. I'm tired of the umpteen thousandth pitch where...

Bondarb

<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted in August 2007 and it's scary how accurate @bondarb" was in predicting what was to come next:</em> [quote=bondarb]<p>...it is very possible that a big name like Bear or Lehman could flat go...

suehlee88

Hey guys, Thought I'd start another thread for those of us APDs/ADCs (read: spent too many years in school) who are applying for full time positions either earlier this year in the Spring (<span class='keyword_link'><a href="/company/boston-consulting-group"...

GoldenCinderblock

I’m in a corporate politics situation, which is an arena I’m not very experienced in, and am coming to you for advice. Please keep replies relevant to the topic at hand and not just calling me a bad person and whatnot. If you’re one of those “gung ho off to work we go” people who...

donnyboy101

I've found finance to be completely unbearable. The pay and career development is excellent but the level of work, expectations, and lack of control over your life is not worth any amount of pay. Senior employees have no guts or real business skills, or they would have gotten the hell...

Goldmansak

Okay, I lied. This is only a don'ts list. Keep in mind, these are just some items I picked up from my experiences throughout the years. I'm not sharing this as a person who treats interns like dicks. I'm sharing this because I love y'all, and we all are here to help you...

Appley

One of the things <abbr title="Wall Street Oasis">WSO</abbr> has shown me is to not always judge a book by its cover -- some of you have some real interesting things that happened to you. That said, what are some of the most strangest things that have happened to you while...

geoffblades

Throughout my career I was constantly reminded of how little I knew. When I interviewed for the job at <span class='keyword_link'><a href="/company/goldman-sachs" target="_blank">Goldman Sachs</a></span>, as a finance major writing a...

DropBear

<h3>Consulting Case Book PDF's</h3> I went through the consulting interview process a few months ago and found these case books really useful for practicing, both with people in mock interviews and for solo issue tree practice. I have also really benefited time and time...

Fehnance

<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 5/20/13. To see all of our top content from the past, click <a href="//www.wallstreetoasis.com/highest-ranked-discussions">here.</a> Make sure to see the great comment below by...

TorontoMonkey1328

When I was starting out in finance a while back, <abbr title="Wall Street Oasis">WSO</abbr> was an amazing resource and really helped me so I thought I'd give back. This is my first real post on <abbr title="Wall Street Oasis">WSO</abbr> and I...

Martinghoul

There appears to be some demand for an <span class='keyword_link'><a href="/finance-dictionary/what-is-a-hedge-fund-HF" rel="nofollow"><abbr title="hedge fund">HF</abbr></a></span> AMA, so here goes... I believe this...

ColdCaller

Is it just me or is it cringeworthy when someone lists experiences such as "Pizza Hut Delivery Guy" on their LinkedIn profile? Or how about that person that has 6 languages on their profile 4 of them being listed down as "Elementary Proficiency". Or those profiles that have...

Dances With Newfoundland

As an <abbr title="Masters in Business Administration">MBA</abbr> graduate from a top program currently working at a FAANG tech firm, I have to get this off my chest. Tech has been super hot at <abbr title="Masters in Business...

Wallstreetneversleeps

Following up after an info session is great, especially if you actually took some positive information from it.... However, there is a new email circulating Wall Street that may not dethrone the "Barclays Welcome to the Jungle" one from a few years back but.... here is some...

Ivan Boesky

Lol definitely want to hear what some of you have to say about this. I'm sure there are some good stories out there.

DickFuld

<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 11/25/13. Check out @DickFuld"'s current AMA <a href="//www.wallstreetoasis.com/forums/ask-dickfuld-november-2015">here</a>. To see all of our top content from the past, click <a...

thefinancekid

I've been using linkedin for a couple months now and it's ridiculous how many people give themselves big titles like "CEO" when they haven't even graduated college. It seems like my generation is **obsessed with entrepreneurship** - so much so they start to *"fake...

Asatar

I’ve noticed a few more UK-related questions popping up and as this site has (understandably) been very US-centric over the last 5-10 years I thought a brief overview of what the industry is like in the UK would be helpful. **Who Are The Firms?** * **Bulge Brackets** – the usual...

Batman81

Remove this post. It is 5 years old, out of date and I keep getting messages about it! Thanks v. much

thebrofessor

TLDR - seen a lot of pessimism out of the major firms, it's starting to make me think it's too pessimistic, making me consider that we’re on the cusp of a multi-year secular bull market, let's discuss OK, I've been struggling with a couple of thoughts over the past few...

FinDroid

Monkeys, one of the best aspects about this community is that people talk about their stories and opinions in a candid way. I was reading this [article](https://www.theatlantic.com/business/archive/2015/07/millennials-with-rich-parents/398501/?utm_source=atlfb) which said that millennials...

pageturner200

After reading about the taxes on bonus thread, I am now curious about the political breakdown of users on <abbr title="Wall Street Oasis">WSO</abbr>, and I'm sure you are too, so I'm making a quick, anonymous and simple poll. Please vote and fill out as best as...

novian18

<span class='keyword_link'><a href="/guide/wso-internship-guide">Being a summer analyst</a></span>/associate in investment banking is a rite of passage that you will never want to do again, but will be happy you completed. As someone who did this...

SanityCheck

Although working as an investment banking analyst was a living hell at the time, I now look back at my years with nostalgia. Luckily, as time passes, the 100 hour weeks just blend together and the pain has gone away. Of course, I'm still irrationally uncomfortable and nervous whenever I see...

ftorbust

I apologize for the length of this post, there is a lot for me to cover and I don't want to skip any of the details. So it finally happened - I <span class='keyword_link'><a href="/finance-dictionary/what-is-a-hedge-fund-HF"...

Postgradwonderer

More geared towards the guys who are out of college and actually working full time, especially those in their 20s. For the guys in here who don't have a girlfriend/wife, what are you doing with your lives outside of work?

NuckFuts

After <a href="https://www.wallstreetoasis.com/forums/ama-3rd-year-pe-associate-10bn-aum-mbolbo-equity-mezz-distressed-debt ">my AMA</a> I promised to write down some thoughts on office politics, since that was probably the topic that got the most interest from the <abbr...

Zeppelin

deletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedelete

thefamilyofficesdb

I’ll start. The client’s 10-year financial projections (based on user count) were on the basis of exponential growth. And by the time he got to year 10, he didn’t have to forecast anymore because by year 8 he had already attracted 1.26 Billion Users for his app, and was raking in $636B...

FormerBanker

<h4>TL;DR:</h4> I was a slacker through college, worked as a programmer, pivoted to <abbr title="investment banking">IB</abbr> through <abbr title="Masters in Business Administration">MBA</abbr> Associate program, hated it, went back to...

Bernie L Madoff

Examples: -"We have great team culture" -> they are neutral with each other -"Facetime is not required" -> but they'll call you out if you don't show up -"We love you / We want you to come in immediately" -> they actually can't f***king...

ksouza

I started a throwaway account as I feel that this is quite a sensitive topic. I’ve been networking heavily since my final year in university. I’m now almost 2 years into my first job in finance. It’s always been easy for me to get the attention of an M.D. from a well-known bank. I was...

PatrickStar120

If you haven't seen it yet, a picture has gone viral of someone humping the "fearless girl" statue that faces the Wall Street Charging Bull. According to a Huffington Post <a...

George Kush

Surely I'm not the only one here who watches Tucker... Did anyone else see the girl he had on who was an illegal immigrant who became a VP at GS? <iframe width="560" height="315" src="https://www.youtube.com/embed/ZjR3xLN6IyA" frameborder="0"...

earthwalker7

Starting my rant.... <rant> I just got asked about career planning for the move from <abbr title="investment banking division">IBD</abbr> to <abbr title="private equity">PE</abbr>, yet again. I've a lot of sympathy for my fellow...

DrBillBrasky

What’s the worst candidate you’ve seen get hired for an <abbr title="investment banking">IB</abbr> analyst role? For instance, have you ever seen someone with like a 2.5 gpa in kinesiology but had solid connections or something get hired

X2

Story time. What prompted me to start this post: I was interviewed today for a <abbr title="private equity">PE</abbr> Role. Interview went great. Was scheduled to be 30 minutes, lasted an hour. Answered every question he threw at me as if I was Amazon's Alexa. Note:...

geoffblades

Everyone deals with anxiety - to one degree or another. Some of us squash it down, some of us develop coping strategies, but nonetheless all of us know that gnawing feeling in the pit of our stomachs. That sense that things could go wrong. It’s exhausting. It takes away from the quality...

PEConsultant

I’m genuinely curious as it seems like these type of posts have become the norm for the younger generation on LinkedIn, why do people post these? You’re not a 5 star football recruit I couldn’t care less which option you decided to pick and your thank you shade you throw at the companies...

TrackBack

With the <a href="https://www.wallstreetoasis.com/forums/investment-banks-as-the-houses-of-westeros">"Investment Banks as the Houses of Westeros"</a> post being so awesome, I was bored this morning and thought we could the same with NFL teams now that the season...

jjacobs06

I cant find much in the way of compensation for real estate other then the summary page from the HR consultant that is floating around here, so I thought maybe people will be willing to describe what they do, their market, and what their compensation looks like. Industry: Real Estate...

SmartThinker

I'm a college sophomore at a target, and currently at about $2 million altogether. I've been involved in the Bitcoin community for a couple years now. I cashed out $1 million into fiat, and I still have $1 million invested in crypto currencies. My initial investment was $25K, from...

PrestigeCaller

The people wanted it, so you get it. **Lawyer - Prestige Pros:** -J.D. is the most prestigious post-graduate degree to have. -Extremely well read and versed in history - which makes for prestigious dinner conversations. -Wields influence over the legal system, and influence is one of...

aspiringchimp

What do you think? Just like last year, PwC and Strategy& are still not aligned. https://managementconsulted.com/consulting-salaries/2017-management-consulting-salaries-for-undergraduate-mba-interns/ <em>Mod Note (Andy): top 50 posts of 2017, this one ranks #21 (based on # of...

Keyser Söze 123

My managing director always tells me, "Keyser, have a good weekend." What my managing director actually means is, "Keyser, Bend over." ...and I fall for it every time. Curious to hear what fallacious things your MD tells you? <em>Mod Note (Andy): One of...

Asia_i_Banker

During a recent round of interviews with several banks, headhunters sent across a number of potential technical questions that they said I should be very comfortable with. However, through all of my interviews I was never actually asked any technical questions (although I did do a 3 hour...

therealgekko

What's something you said in an interview that made you want to bitchslap yourself? I'll start. Back when I was a junior looking for <abbr title="summer analyst intern">SA</abbr> positions in <abbr title="investment banking">IB</abbr>, I...

NuclearPenguins

Sitting at my desk here just waiting for things to wind down so thought I’d give back to the community and try my first long form post. I did some interviewing last year but this year I was heavily involved for both <abbr title="summer analyst intern ">SA</abbr> and...

Underdogforlife

Hello folks, I would like to share my story a little bit for those who felt beaten up by the recruiting season. I was born and raised in a very underdeveloped city in China. I remembered the ranking, the GDP of my province is the second or third lowest in China. Although I went to relatively...

WallStreetOasis.com

Another [heartbreaking story](https://www.wallstreetoasis.com/forums/summer-analyst-dies-at-lincoln-international) about an intern that passed away after working long hours just hit WSO and I'm thinking why does this keep happening and what can we do to prevent it (or at least make it more...

AcquisitionsGuy

I've had a couple of people PM me about what I do in <abbr title="real estate investment trust">REIT</abbr> acquisitions and what the deal process looks like. I figured I'd post this for people's future reference. I work at a fairly large <abbr...

Dingdong08

I find <a href="//www.wallstreetoasis.com/forums/what-are-exit-opps-really-like-for-mbb-partners">this thread </a>pretty amusing because I'm ~40, have two kids, have made good money over the years in a good field (not consulting) and there's just no way I'm...

pe-b1tch-hehe

That's right. It's summer time. Although doing deals and pounding out diligence is sweet, the Hamptons are sweeter. <h3>How can we save time to get out of the office faster?</h3> Putting together a list of best practices and techniques (applicable to junior...

Eddie Braverman

<p>It was a happy coincidence when Patrick emailed me a couple weeks ago to check in and see what I've been up to, because I've been thinking about you guys a lot lately. It's been a couple years since I was with y'all every day, and at the risk of sounding like a big...

DaveMCR

A career in the hedge fund industry is one of the most desirable careers in finance. Money is undoubtedly the greatest attraction to careers with hedge funds, with analysts making $150k and then some. Portfolio managers often make north of seven figures, which is why eventually running a...

Sergioaguero

Dellllllllllllllllllleeeeeeeeeeeeeeeeeeeeeeeeeeeeetteeeeeeee..........................................

halonyc

I don't think there's already a forum on Goldman's 2019 <abbr title="investment banking division">IBD</abbr> Summer Analyst recruiting process, so figured I'd start one. Please share insights/questions below! Is anyone else recruiting through the...

DickFuld

So, there’s an MD on my team who I think highly of and does good business. He’s considered a good mentor and good leader/manager. I’m thinking of who I’m going to promote to a senior leadership position from the middle ranks and he was my top choice before tonight. The only...

Undercover meme

Just what the title says. Just the dumbest/meanest/most unprofessional thing you've gotten from an interviewer. To start off, I had a friend butcher a technical and get asked if he won a Special Olympics medal during a <abbr title="elite boutique">EB</abbr>...

The Uncontortionist

<em>You can read my latest article (post election): here: <a href="//www.wallstreetoasis.com/forums/shut-the-fck-up">"Shut. The F*ck. Up."</a></em> This article could have easily been entitled “In defense of manhood,” or something of that...

babymonkey357

Share your worst - I've had a lot shitty PPT work this week, and want to commiserate. **My worst in banking:** MD thought it would be value-added to show a slide summarizing all the <span class='keyword_link'><a...

BlackHat

I've always loved this site because even when I was but a wee little lurker in college I could always come on here and hear about all the little details that finance professionals picked up and wish they had known earlier. The big questions, like which offer to take or whether to...

Courtside

Does anyone know some good fashion hacks to make us monkeys' lives a bit easier? I've heard putting your dress shirt in the dryer with an ice cube can replace ironing, is this true? Has anyone attempted this?

The Uncontortionist

As with many of you, I had the chance to spend some time with relatives over the Thanksgiving holiday. It was average, to be honest. It’s always good to see loved ones, but it is a balance between hectic traveling, rushing to see as many people as possible, and if you live any significant...

Grosse_Pointe

Ross seems fun, where a strong GPA is somewhat assured, with defined paths to great jobs. Yet everyone is telling me to go to Chicago. I'm surprised I got into Chicago, safe assumption my GPA isn't going to be stellar, but maybe the Chicago brand is worth that downside? And while not...

Cabepusher-9999

Recently received a signing bonus and it ended up getting taxed at 51.5%...wtf is that normal or did something get messed up? I got taxed in <abbr title="New York">NY</abbr>, so I know there will be some state tax, just don't know how it ends up being greater than 50%...

labanker

It’s been awhile since I’ve checked in on <abbr title="Wall Street Oasis">WSO</abbr>. I hope 2016 has treated you all well and you’re now settling in for some well deserved rest and relaxation time over the course of the holidays. It may just be selection bias...

THE PsYcHoLoGy

<img src="/files/styles/w800/public/inline/images/lotr.jpg?itok=P86qtEcR" alt="" /> Some unique insight into the buyside vs. sellside and the hunt for eternal glory. I've had an interesting few years that has led to experience on both sides of the table. Given...

EarlFromUtah

So I go to a top school, so think Harvard, Yale, or Princeton. And coming in, I almost felt a sort of insecurity, because I thought that I would be up against the grinders whom I knew in high school, and against kids who went to the best boarding schools, which everyone knows prepare kids well....

moneymogul

This week's report is a continuation of <strong><a href="//www.wallstreetoasis.com/forums/week-2-hitting-the-desk">"Week 2: Hitting the Desk"</a></strong>, and <strong><a href="//www.wallstreetoasis.com/forums/week-1-training...

Undercover meme

I wanted to know where banks were in relation to each other, but alas I couldn't find a map that showed them all. So, I made this fucking disaster: <img src="/files/styles/w800/public/inline/images/bank_map_0.jpg?itok=JQxTKOin" alt="" /> Let me know if...

Jack M.T.

I am still not sure if this will add any value or if anyone will find this useful, but I've seen a couple of "Too old to break into IB?" topics lately and I thought I'd share my journey with you. The advice and stories I've read on this forum have helped me maintain my...

French35

Hello, I am not proud of what I have done but I think the US academic pushed me to focus too much on academics rather than the actual content. Background: I am an international student and my undergrad was business, I had the chance to be accepted in an intensive computer science grad...

Sizzling_Biscuit

**Being a Star Analyst isn't hard.** If you can excel in the top 10 best practices below, you will excel in banking: 1) Be responsive: Reply back within minutes, never more than half a hour, especially during a live process 2) Good attitude: It's late, we're all tired,...

YungMonc

***Disclaimer*** I realize this question is geared toward men. I would appreciate female input as well, but my assumption is most women expect/want their husband or future husband to work. Also, just to cover my bases, I don't assume men are the only ones married to wives and women the only...

MichaelScarn

I have a friend who’s doing a summer internship at a bank (not <abbr title="bulge bracket">BB</abbr>, but a smaller place). His boss invited a bunch of the employees on his boat July 4th and all was good… until the boss broke out the Old School joint and started...

toobusy

*"Moelis is a sweatshop"* is the lullaby at the 399 Park Avenue bullpen. Given our reputation as a sweatshop, I figured I would add some color to the below email that has been circulating its way across the street to cement our status on the street as a true ex-DLJ legacy shop. In...

GoldsteinPyramidScheme

I don't see the issue with deporting Illegal Aliens or excluding groups of people from countries that are known for producing terrorists. I don't see the issue with dismantling the H1B program and putting Americans at work. Not importing people from India and China, pay them for cheap...

JCI30

Donald Trump has finally released his plans for his business empire. Trump announced that he would turn over complete control to his sons as well as divert any foreign hotel revenue earned into the US Treasury. Trump was quoted as saying: [quote] Over the weekend I was offered $2 billion...

SUNYWallStreet

I wanted to tell my story on this forum - as <abbr title="Wall Street Oasis">WSO</abbr> has been the sole reason which helped me learn about the industry and how to break in. I am from downstate New York, born and raised. I was a poor student in high school, so much so I...

Tiger16

At the private school that I attend, and at most colleges and universities in America, political correctness rules. Students on college campuses have developed an almost Orwellian newspeak and become fearfully polite, careful to avoid offense, and constantly afraid of being labeled with the slew...

ibankergf1

Hi there, am an SO to someone in banking. He's one year out to promotion to VP. He keeps telling me it will get "better". Not sure what it means and I would really like specific details. He still works to 9/10/11 longer most nights. Still working most weekends. I asked him...

ctrl-z

Title says it all. I know that the intern making accumulated simple mistakes or if the intern just isn't a cultural fit they won't end up with a return offer. Do you guys have any stories of single actions/events where an intern was instantly 'dinged'... like something...

alpinespringwater

<h3>Timeline:</h3> In 2005 my mother passed away unexpectedly. In 2008 my family’s house was foreclosed on and I was told I would need to support myself through college. I was 17 at the time and already unstable due to the emotional trauma of my mother’s death. In 2009 I...

KREBSCYCLEOMG

shit on me all you want because idgaf!!!! all your fate is mine, you little f*ckers i volunteered to do <abbr title="on campus recruiting ">ocr</abbr> because i thought it'd be a nice break but F*CK i'd rather be hunched over my desk than be dealing with these...

WallStreetPlayboys

<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 3/22/14 and ranks #14 for the year by total silver banana count. You can see all our top ranked content <a...

NuckFuts

Edit: <em>Wow, did not expect this thread to get so popular. Apologies if you PM'd me and I have not responded - there are dozens of messages I would respond to if I wasn't getting crushed on a deal. My firm must monitor my <abbr title="Wall Street...

Ebolamonkey

Ladies and Gentlemen, I know a whole lot of you are in NYC or cities where vehicle ownership doesn't make sense, but if somehow you do or for others in places where you have to own a car to get around... 1. What is your current ride and why? 2. What's your dream...

TacoBanana

Hi there folks, been some time since I last mingled around here. So here's my story: Used to work in <abbr title="mergers and acquisitions">M&A</abbr> for a <span class='keyword_link'><a...

MBAApply

"Five years from now..." is a pretty good benchmark for the half-life of most business or career-related arcs (okay, maybe 5-10 years, depending on the career or industry). As an undergrad or fresh grad, of course your undergrad matters - to you, to your peers, to recruiters, to...

Jamie_Diamond

CFOs who provide me with financial statements that look like something out of Jumanji. How am I supposed to work on the model when capex is in your pre-tax expenses and you've clearly had your audit done by El Pollo Loco. I drooled over working in <abbr title="mergers and...

Wu_Tang Financial

Good morning, I am posting my success story for a few reasons. First, to (hopefully) inspire someone in a situation that I was in. And second, to thank members of high finance and this website specifically. I will try to keep this as brief as...

ptm24

There are plenty of posts on here about whether or not <abbr title="investment banking">IB</abbr> or other finance jobs are "worth it." However, I haven't seen many posts on whether or not people on here think that they're worth all of the benefits that...

Deo et Patriae

Approximately one year ago I did <a href="https://www.wallstreetoasis.com/forums/headed-to-hbs-in-the-fall-ask-me-anything-ama">this AMA</a> about being accepted and attending <abbr title="Harvard Business School ">HBS</abbr>. A week ago I finished...

Gekko21

In Part 2 of Gekko’s Guidance, I’m going to cover <abbr title="Sales and Trading">S&T</abbr> interview prep (also can be used for Research). Part 1 of <a...

DiscountedSmashFlow

Hi everyone, I know there's a mega-thread for this but that thread doesn't seem to have the most accurate information. <h3>Investment Banks With Summer 2019 Applications Open</h3> Summer 2018 applications have barely closed and it's already time to start thinking...

TheMagicConchShell

It's that time of year again, wasting countless hours trying to get into a <span class='keyword_link'><a href="/finance-dictionary/what-is-the-bulge-bracket-BB"><abbr title="bulge bracket ">BB</abbr></a></span> sophomore...

Basketfoot

<strong>Mario</strong> - Rational asset allocator, owns a good mix of low-cost index funds and ETFS <strong>Luigi</strong> - Incapable of second level thinking, investment theses are that he "believes in it", writes disingenuous Seeking Alpha articles, has...

SBrunsWS

Very simply who is your favorite billionaire? I 'd have to go with Rupert Murdoch or Henry Kravis...

big unit

<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 3/6/14 and ranks #9 for the year by total silver banana count. You can see all our top ranked content <a...

rufiolove

This is the reaction any analyst who has ever worked in banking has when you say you want to leave banking for business school then come back as a post b school associate... <img src="http://epicpinterestfail.com/wp-content/uploads/2012/11/how-i-met-your-mother-barney-why.gif"...

JD665511

Hello Everyone, I am a senior at a non-target school in the northeast and have recently accepted a <abbr title="full time">FT</abbr> offer in <abbr title="investment banking division">IBD</abbr> at <abbr title="Goldman...

WeMadeIt

<a href="//www.wallstreetoasis.com/forums/2017-ft-ib-analyst-recruiting">Click here</a> for the 2017 <abbr title="full time">FT</abbr> <abbr title="investment banking">IB</abbr> Analyst Recruiting Megathread discussion page....

harvardgrad08

<em>Mod note: <strong><a href="//www.wallstreetoasis.com/faq/what-are-the-best-qa-threads-and-interviews-with-top-finance-professionals-on-wso ">Click here</a></strong> to see all of our q&a's and interviews</em><P> Given the...

WallStreetPlayboys

<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 6/29/14 and ranks #20 for the year by total silver banana count. You can see all our top ranked content <a...

Bankerstreet

Theres no statistical evidence for this but, why is real estate second to most other financial services jobs? Most people in business school are primarily looking for <abbr title="investment banking">IB</abbr>, consulting, <abbr title="asset...

CompBanker

<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted in 2006. To see all of our top content from the past, click <a href="//www.wallstreetoasis.com/highest-ranked-discussions">here.</a></em> So I'm new here and spent a good deal of...

Anonymous Monkey

I hate being poor. I want to make a lot of money. I got lucky getting into a target college, now what? Maybe I'm scrappy, but I can't compete academically with hyper-aggressive kids from Stuyvesant, Exeter, and other $30K-60K year prep/boarding schools, so what am I supposed to do?...

itsanumbersgame

In a rare moment, I've found myself at a local, wooden, quiet neighborhood bar sitting alone drinking my 3rd Budweiser with a closed out tab. I thought it a pleasant way to break up my week though I hope not to make a habit of it. With not much else to do, and tired of looking at screens...

GingerGuy

What technological advancements or updated social norms are you not following? I like to think I'm a pretty forward-thinking guy but I still always prefer to pay with a card/cash, over using Apple Pay on my phone. What are you old-fashioned about?

geoffblades

Whatever you want in life, you’re going to have to ask for it. It doesn’t matter if you desire to excel in your career or to live on the beach—[I’ve done both](http://geoffblades.com/greatest-achievement-goldman-sachs-vp-quitting/)—you’re going to need other people’s help. A...

geoffblades

Right after the credit bubble burst in 2008, shocked, people scrambled desperately for answers. Turning to the economists, nearly all of whom failed to predict the deepest recession in decades, they asked, “What will happen next?” Having seen the obvious writing on the enormous wall...

Dances With Newfoundland

First, it goes without saying that men who actually rape or assault women or use their power to blackmail, threaten, or intimidate women into engaging in sex, are disgusting human beings who should be castrated and locked up. There is no excuse for it: period. At the same time though, an...

Blazer1989

Theoretical: What would be your dream career choice assuming it paid the same as Investment Banking?

Tiger16

Finance attracts a lot of people who like to work hard and play hard. Financial professionals may work brutal hours and have to deal with high levels of pressure, but they also make lots of money, work prestigious jobs, and can afford to drop cash on nights out. So what are some of your...

Intern4ever

Share the worst task you had to do as a summer intern, or most tedious work you assigned to a summer intern... Example: - Manually scanning a 300 page investment consideration deck, page by page, because graphics was too busy

TripleActingTripleAction

Not too long ago, I was an undergrad. Reaching out to people that I have never met. Praying and hoping that they would perhaps read my Linkedin message and respond. In this process, I learned what rejection felt like but also met a ton of people across the different segments of finance and was...

Marcus_Halberstram

<em>Mod Note (Andy): #TBT Throwback Thursday - this is the 2011 Finance-forum post of the year (from Jan 28, 2011). Thanks @Marcus_Halberstram" for a great post!</em> Since it is recruiting season, Im posting a multi-part series on how the whole process works to help the...

1600mPenn

Hey <abbr title="Wall Street Oasis ">WSO</abbr>, Since this site has been instrumental in helping me break into Consulting from a non-target, I wanted to share my experience with the community. Hopefully this post will be helpful to someone else looking to break in to...

SeekingAlphaMale

Every day there are numerous posts from undergrads or recent grads with nearly identical topics - “Do I have a chance at landing an XYZ entry-level position at ABC”. Posts like these, where all they seek is validation from <abbr title="Wall Street Oasis">WSO</abbr>...

Alistair-Clark

[quote]<p>I need this done for tomorrow morning, but don’t spend too much time on it. <strong>I don’t want you to be here all night.</strong></p> [/quote] That's what my MD said to me before I pulled my first all-nighter. &nbsp; I've had other...

Undefined

<em>Mod note (Andy): Throwback Thursday, this post originally went up on 3/2/12.</em> In the past few months, I've been approached on a few occasions by college-aged folks asking the typical question: how to succeed on the street from a less-than-stellar undergrad background....

ichorturtle

<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 2/23/14 and ranks #12 for the year by total silver banana count. You can see all our top ranked content <a...

Lions.

Longtime lurker. First post. ###About me: I'm originally from the South. Growing up, I hated school. I'm talking about failing multiple classes, dreading going to school, and even getting suspended many times. I was diagnosed with ADD at a young age, but never wanted to take...

wilowallstreet

I've received a lot of emails from members asking for advice on how they can have a great career. Before I get into that, let me give you my back story so you know where I am coming from: I came from an Emerging Market country, I didn't speak english very well when I arrived in the US...

NoEquityResearch

I'm probably one of the few people on here that has done both <span class='keyword_link'><a href="/finance-dictionary/equity-research-overview"><abbr title="investment banking">IB</abbr> and <abbr title="equity...

Phizzurp

With the holidays approaching, I'm curious how you all deal with the awkward family gatherings. More specifically, does anyone else feel despised by their own family now in regards to their career choice? Personally, I have a VERY blue collar family. My immediate family consists of...

DealTeamSix

Monkeys, What are some of the most notorious "Groups" on the street? This can include massive jerks, (overly 100+ regularly) abusive workloads, or just old school street mentalities. For example, I've heard <abbr title="JP Morgan">JPM</abbr> HC is one of...

Kassad

Liquor, hash, Mary Jane, Molly - what's your preferred substance when it comes to taking the edge off or making things just interesting enough? I've gone through a few, including all of the above, a few hallucinogens, some experimental stuff that is said to be produced by the brain...

moneymogul

This week's report is a continuation of <strong><a href="//www.wallstreetoasis.com/forums/week-1-training ">Week 1: Training Week</a></strong>. Note that I <abbr title="asset management">AM</abbr> a bit further into my internship...

NuclearPenguins

In light of the “Piper Jaffray: Sweatier Than Ever in 2018” thread ([link](https://www.wallstreetoasis.com/forums/piper-jaffray-sweatier-than-ever-in-2018)), I was inspired to share the biggest professional regret of my career so far, however early in my career that it may...

GreenspanAndHam

Well that was absolutely hilarious. Haven't seen a CEO dodge questions and come unglued like that since the "asshole" moment from Skilling. Stock's down about 5% after-hours thanks to fraud-boy shitting the bed yet again. I hope some of you are short the stock or long swaps...

cashfl0w

So applications are up! You dont have to reveal actual interview questions. Just wanted to know how you're experience was for 2016 class. As for me, the interviewer seemed more like a gatekeeper from an admission staff. Its like I had the criteria for an interview, but since I came from a...

BlackHat

Mod note (Andy): Throwback Thursday, this post originally went up on 4/23/12. Hey guys, so after some encouragement from a few of you guys I'm gonna go ahead and start a bit of a series of posts on my experience in the <strong><span class='keyword_link'><a...

MTBaltimore

Don't give up out there, kids. I'm a high school drop out who's now a Manager at a top 10 consulting firm. For all of those out there who are asking 'do I have a chance if...', here's your answer: you f*cking bet you do. The only thing stopping you from getting...

LeveredBetaBoy

I have a super slow day at work today and found myself thinking about some ridiculous travel stories I've had from the past few years and want to canvas <abbr title="Wall Street Oasis">WSO</abbr> for some of your own. Can be anything from a weird or funny adventure to...

wilowallstreet

<em>Mod Note (Andy): Check out Wilowallstreet's AMA <a href="//www.wallstreetoasis.com/forums/ask-an-ex-ib-md-anything">here</a>. The AMA is still open and he is actively answering any question that you may have.</em> Someone asked me last week about all...

finbrah

It seems like lately there have been more posts about saving money and how to accomplish fiscal responsibility. That's nice and all, but everyone splurges on something, no matter how fiscally conservative they are. I happen to think a topic like this would be a lot more interesting than...

geoffblades

6 <abbr title="asset management">AM</abbr> meant it was time to check voicemails. 11 PM meant it was time to check voicemails again. Every second in between reserved for hustling, fixing the thousand problems guaranteed to crop up that day. That was my life <span...

Nefarious-

<abbr title="Wall Street Oasis ">WSO</abbr>, it is time to talk. The new trend around here lately has been to post about how badly you hate your job (specifically in iBanking) and then act like a genius when you decide you want to leave. This needs to stop. It is not a...

ibpotential

Recently got the opportunity to talk with the head of banking at a solid <abbr title="middle market">MM</abbr> firm (think William Blair). He said that he hates hiring 3.9+ GPA candidates and actually sees it as a red flag. His reasoning was that they lack social...

CompBanker

I received a number of PMs asking for advice for analysts as to how to successfully position themselves for <span class='keyword_link'><a href="/guide/private-equity-interview-prep-questions"><abbr title="private equity">PE</abbr>...

originationmgmt

As we welcome the 2017 Analyst Class, I have some knowledge sharing for the incoming monkeys. <h3>Suits come in three different constructions:</h3> 1) Fully Canvassed 2) Half Canvassed 3) Fused __________________ <h3>What's the...

Pizz

Working 55-60 hour weeks every week of the year has made me forget what it feels like having a 9-5 job. So those who do, what does it feel like?

Sil

I recently lateraled from a “no-name” boutique to a top <abbr title="middle market">MM</abbr> and wanted to share some of the knowledge that I gathered and wished people had told me when I went through the process. I also have several friends who also went through this...

Deal Team Six

Obviously this depends greatly on an over the phone vs. in-person, but what does your process consist of? I have taken this opportunity to describe my phone interview strategy: I hardly ever sleep the night before, because who knows, I may never get this opportunity again. I wake up groggy as...

big unit

<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 2/13/14 and ranks #10 for the year by total silver banana count. You can see all our top ranked content <a...

disillusionedasian

i resent my tiger, helicopter asian parents. they were basically amy chua. i had no fucking life growing up. no video games. barely any friends. no TV. all i did was school, academics, etc., after school academics, violin, etc. fucking horseshit. all my parents cared about was GPA, how well I...

CompBanker

Since some of my longer threads/advice seems to have been buried on the forums, I decided to consolidate it via this post. Enjoy! The majority of the below text is sourced from the following link: <a...

Kassad

The signs were all there. I wasn't a great student in college, but it wasn't the content of the work that killed me. It was the little things like attendance, being on time to things, paying attention to the instructor, setting aside time to study, and following the instructions...

overpaid_overworked

I don't remember where / who I stole this from, remember kids, there's no originality in banking, but my favourite question when they ask: "Do you have any questions for me / us": What is it about my resume and experience that interest you. It's a beautiful...

neink

Or is it too early to post Ron Paul.gif? Pretty exciting. Take your guess, we'll see in a week who was right. Make sure to see the top comment below by UFOinsider. **Tuesday update:** <img src=https://i.imgur.com/oVpBYGp.jpg> **Thursday update: ** <img...

Lone Wolf

<em>Mod Note: Each day we'll be posting the top WSO forum posts of 2014. This one was originally posted on 11/24/14 and ranks #7 for the year by total silver banana count. You can see all our top ranked content <a href="//www.wallstreetoasis.com/highest-ranked-discussions/year...

StateofNature

I see a lot of high school/college kids providing advice and "insight" into how firms place, how people should think about exit opps, what groups are best, etc. <h3>An Experienced Review of <abbr title="investment banking">IB</abbr> Exit...

TorontoMonkey1328

Inspired by @APAE" 's recent post as well as trying to further my goal to give back by posting meaningful content on <abbr title="Wall Street Oasis">WSO</abbr>. I know this is super basic, but rarely will people actually sit you down and teach you exactly how...

el bee oh

After working in <abbr title="private equity">PE</abbr> for a while I am thinking of applying my skills learnt on the buyside and transferring them to the dating scene. <h4>Step 1</h4> Find the good opportunities. Search through Instagram, Facebook and other...

APAE

After seeing the reception a recent [comment](https://www.wallstreetoasis.com/forums/ibd-and-fitness) received, I chose to make this its own thread with the hope of reaching more people. Fitness is an incredibly important thing in life, both the elements of it you can see and those that you...

To IB or not to IB

Hey Monkeys, Read up on this [article](https://www.bloomberg.com/news/articles/2017-06-21/america-is-now-a-second-tier-country) from Bloomberg. The article is based on the Social Progress Index report that is published annually by non-profit organization Social Progress Imperative. I did...

hightheta01

How's it going you filthy Monkeys? As we talk about our professional life and career aspirations on a daily basis, I became a little curious. *What do you animals actually end up doing on the weekends?* Unfortunately I have to do the whole dinner and a movie routine with the old...

Mr. Manager

<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 2/27/14 and ranks #8 for the year by total silver banana count. You can see all our top ranked content <a...

Auditor277

Currently being in the hell that is non-target recruiting one exercise that I constantly do to remain optimistic is to imagine what my perfect day would look like. My perfect day would look something like this: - Wake up 4 <abbr title="asset management">AM</abbr> Run for...

VTTRADER

####ABOUT ME A decent amount of details will be omitted, went through too much to type.. just shoot questions… My mom was 21 when she had me and my father was a taxi driver In <abbr title="New York City">NYC</abbr>. Growing up was a bit tough given the cards I was...

CompBanker

<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 7/5/14 and ranks #15 for the year by total silver banana count. You can see all our top ranked content <a...

PrestigeCaller

With no further ado, from most to least douchey... **The SEC Frat God:** Perhaps the most identifiable of all the non-target Analysts, mostly because he looks like the exact opposite of everyone else around him. Instead of the gelled slick-back, he's rocking a poorly trimmed Frat Mop...

StoicTrader

http://www.wsj.com/articles/rigged-was-hillary-clintons-fbi-case-1476831990 Please read. I'm not a huge fan of Trump but IMO he's a better option than Hilary. Shit is so rigged... And Trump isn't like all the other puppets.

reformed

I made it 5 minutes before they closed and I bought a gallon of skim milk. <em>Mod Note (Andy): this was originally posted on 12/14/15.</em>

ripxxx

Hi guys, sophomore at non-target here. I submitted my <span class='keyword_link'><a href="/company/jpmorgan-chase">app for <abbr title="JP Morgan">JP</abbr> Morgan</a></span> <span class='keyword_link'><a...

UTDFinanceGuy

Ok, guys and girls. I'm pretty open about myself on here, but lately I've been super busy and not nearly as active as I like to me because after being laid off at a massive tech company I started my own gig. It was something I did before for freelance because I have experience as a...

GrandJury

You've made it. The holy grails of holy grails. Maybe you have successfully escaped your credit analyst internship at Capital One and have landed a cushy job at Citi come Summer 2018. Maybe you did a summer at Bain last year and realized you wanted a more fulfilling experience than...

phd_engineer

Hey guys, it's time for the sequel to last year's popular thread. This thread is primarily focused towards those APDs/ADCs (PhD/JD/MD) applying for full-time positions to MBB. While MBB seems to have a monopoly on the ADC application process, we can also use this thread to share...

Trunk Yeti

I'm beginning my MRED in the Fall, and am starting to wind up my networking efforts. I figured a CapIQ screen of every developer in the nation sorted by State/City would probably be a good start. I hope that anyone else in a similar situation finds this useful. Let me know if you have...

Jamie Dman

When you got your first bonus, how did you feel? how did you spend it? How much of it did you save? How are you spending your bonuses now?

lapike

Today I saw an analyst try to talk to an MD about working capital adjustments, and the MD went "Don't teach your father how to fuck, kid", which is something he usually says when we're showing him stuff he already knows. It always has us cracking up. That got me thinking...

thugnificent2123

Thank you to everyone on <abbr title="Wall Street Oasis">WSO</abbr> for giving me the tools and courage to pursue this huge career change. After 6 months of slowly decaying in a middle office role, I was finally able to land a <abbr title="front...

wilowallstreet

<em>Mod Note (Andy) - We're reposting the top discussions from 2015, this one ranks #9 and was originally posted 11/22/2015.</em> <em>Mod Note (Andy): Check out wilowallstreet's AMA <a...

JamesDimon

Guess there are lots of girls out there who have similar questions. Please allow me to analyse your situation as a professional investor. My annual income is more than $25M, so I hope everyone believes that I’m not wasting time here. From the standpoint of a business person, it is a bad...

MonkeyLaundering

I'm looking to secure a bulge bracket, investment banking, summer internship, in London, next summer. I'm currently on internship in a small financial service firm in Dublin, and while the experience is decent, it's not exactly what I was hoping for this summer. I had...

NiuShi

Dear My Little Chimp, Slow down, child. I know you are just <span class='keyword_link'><a href="/finance-dictionary/what-is-the-bulge-bracket-BB">starting that <abbr title="bulge bracket">BB</abbr></a></span> investment...

Winston Wolfe

Has anyone been hearing rumors on how bonuses are looking this year? <span class='keyword_link'><a href="https://gv142.isrefer.com/go/wso15/wsoasis/" target="_blank">WSP</a></span>: *"An investment banking analyst should make $155,...

LES

In today's social media dominated world, we only see edited versions of reality. Most likely, this is a result of human nature (the tendency for human beings to want to show off/be admired) and the apps themselves. After all, who wants to follow or watch someone who posts pictures of...

Mostly Random Dude

Since we are talking about savings and cost of living, I thought it would be interesting to share "hero to zero" stories that you have seen. I'd imagine anyone working in finance has seen at least a few cases of some dude overextending himself financially and blowing up after a...

labanker

As I mentioned in a previous thread (<a href="//www.wallstreetoasis.com/forums/how-to-make-vp-in-private-equity">"How to Make VP in Private Equity"</a>), a couple years ago I said goodbye to the private equity industry and decided to try my luck in the tech...

thebrofessor

deletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedelete

BillMurray

What is the most prestigious job opportunity you've ever seen someone get or take directly after college?

DopeBoy14

I've been working for a year at a large investment bank as an analyst in <abbr title="mergers and acquisitions">M&A</abbr>. I was fired today after an argument with my associate that happened a couple of days ago. I'm still in absolute shock right now....

theaccountingmajor

So for the past several days, I've been getting DMs from the website moderators that my posts have been removed. Can I ask why you all are so angry? I've had so much MS thrown my way, it probably triggered some sort of red-flag. Lol like seriously - every other day, there's some...

REPE God

After a long day of watching our dickhead CFO haze the new analysts with his miserable sense of humor, I've been reflecting about some of the biggest dickhead moves I've ever seen a superior pull on a subordinate in the office. I think my top three are... 1) During Christmas party a...

mergersandacquisitions78

[quote]This is the kind of <abbr title="balance sheet">BS</abbr> that MDs absolutely LOVE to tell themselves: "I am hardworking and tough, sure, but I'm also really fair and I let people have lives when they tell me about it. This would never be my...

geoffblades

<em>Mod Note (Andy) - We're reposting the top discussions from 2015, this one ranks #10 and was originally posted 10/4/2015.</em> In 2007 I made my hardest career transition. After leaving <span class='keyword_link'><a...

Big_Red

Hi Folks, I posted a thread earlier in the month and there was a lot of interest in techniques and tips for cold contacting investment bankers so I thought I would share what I know. First things first, I'm not an investment banker. I'm a <span...

I Invest

<h3>1. Why not just try to start with a <abbr title="private equity">PE</abbr> firm?</h3> There are <abbr title="private equity">PE</abbr> firms that hire juniors out of undergrad. However, this 99.99% of the time is in a sub-associate...

anonymousman

I'm confused. I used to post on here a couple of years ago, most of what I posted was bullsh*t. The truth is I was in my final year at university, I'd just done an internship, wasn't sure how I felt about it as a prospective life, and I wanted to play banker on the internet to...

Leonardo-Cope

I remember back when I was I kid, which wasn’t actually that long ago... I used to think everyone in high finance was like Harvey Spector or something. Found the idea of working in a place like Pearson Whatever extremely intimidating. But then I got to college, did an internship, worked as an...

Fear The Bulge

How many of you guys have a stupid younger cousin named Andy who's a senior at a target school and is pissing away any chance of excellence by drinking moderately and having the confidence of a kicked puppy? All of you? Cool, so I'm about to tell you a very relatable...

big unit

<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 2/6/14 and ranks #25 for the year by total silver banana count. You can see all our top ranked content <a...

Stannis_B

As many of you know, Harvard recently rescinded the acceptances of at least 10 students (I think the number is 12) for obscene memes in a Facebook group chat. Unfortunately, I was one of was those students. My initial response was to blame Harvard, the founders of the offensive group...

decrebepro

Can anyone speak to what it's like working at a Hines/Tishman/Related in a flagship office (NY/LA)? Somewhat curious about comp, hours, culture and all that, but far more interested in the actual quality of the work and what the impact is on your career. As an analyst at one of these...

fine-nance

Some people choose to document their entire life on Linkedin, while others prefer to keep it simple, showing the bare minimum. Personally, I like to keep mine somewhere in between. I cringe whenever I see people writing their autobiography in the summary, having an essay under each of their...

Dances With Newfoundland

House Republicans unveiled their tax plan today, and boy do I hate it. And I'm saying this as a conservative Republican who has never voted for a Democrat. The key components of the plan are as follows: 1. Federal tax bracket will be reduced from seven to four: 39.6%, 35%, 25%,...

Cheney

Saw this on my Facebook feed a few days ago from an international student with an extreme case of poor me syndrome. Probably the most entitled thing I've ever read. Oh, and for context, this school is a semi-target at best. All references to the school's name have been replaced with...

dabears92

I recently completed my first semester at Columbia Business School and wanted to share my experience thus far. I would also be happy to field any questions. The primary reason for writing this long-winded anecdote is to provide clarity into the actual experience at Columbia for prospective...

takenotes08

Hey guys, I need some advice here. I work at a mid sized office with about 50 employees total. A girl from another team recently broke up with her boyfriend and has hinted that she is down a few times with flirty texts and being touchier than a co-worker should be at a work retreat. She...

CuriousCharacter

I’ve been seeing lots of grass is greener envy on WSO and thought I could offer perspective. <img src="/files/styles/w800/public/inline/images/tech_alternative_1.jpg?itok=Bp2G3yKy" alt="" /> ####For Context I was all set to join a hedge fund post graduation,...

DCF_king

Any new tips that could helpful is greatly appreciated. Some input on what to expect from your experience...

DwyaneWade3

I had a friend who used to worked with a few people from Tobin tell me that analysts at Tobin don't get paid unless they're there while a deal is closed. In that case, they'll receive a bonus/stipend or something like that. Does anyone know if this is true??? I'<span...

TNA

Every year I do a post like this on about this date for students seeking admission. Most MSF/MMS program start their application cycle around this time so it is usually helpful. Prior years Q&A are listed...

thebrofessor

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myPuppyVictoria

I went to an interview and was asked to tell a joke. I told a simple one. How would you respond? <em>Mod Note (Andy): See more jokes in this thread from 2017</em>: https://www.wallstreetoasis.com/forums/interview-questions-tell-me-a-joke

Rags to Hermes

I was reflecting on my path the other day, and I decided that it is time to share my story with <abbr title="Wall Street Oasis">WSO</abbr>. I am going to warn you in advance, it is going to be long. Rewind to senior year in high school, I was a good student at a school...

DealTeamSix

Gents, Off topic and just out of curiosity. Being a first-generation American with strong European roots, I have always found it fascinating which substances people use to get through the week, enjoy the weekend, wake up in the morning, or fall asleep at night. ESPECIALLY here in America....

Dedline

Evening Monkeys, @Eddie Braverman" [recently posted](http://www.wallstreetoasis.com/forums/use-thanksgiving-to-set-2017-goals) how he uses the Thanksgiving weekend to set his goals and provided the community with a few tools for categorizing, qualifying and actualizing annual...

mb317

Has anyone applied to BlackRock to be a full-time analyst and received a request to submit a virtual cover letter? I'm not sure what to expect so if anyone has completed it and could tell me what questions were on it that would be great! I'm not sure whether to expect to submit one...

drali

This thread is for undergraduate students currently applying to the <abbr title="JP Morgan">JP</abbr> Morgan's 2018 Winning Women events in <abbr title="New York City">NYC</abbr> and Chicago. Feel free to follow and/or post if you're in...

Chimp scampi

Any creative subtle solutions on dealing with a cocky intern who likes to re-iterate everything you say and talk over you?

banker89978

Hey everyone! I just finished a first round interview with <abbr title="Goldman Sachs">GS</abbr> through hirevue, does anyone know how long it takes to hear back? It's hard to tell how I did but will <abbr title="Goldman Sachs">GS</abbr> still...

Feinstein

Hi all. I posted earlier (about [reflecting on six years following a career change](https://www.wallstreetoasis.com/forums/checking-in-6-years-later-ib-to-mbb-transition)) and got treated to a fascinating discussion — thanks to the questions raised by all of you! In that discussion, some...

timetogetserious

Has anyone else been on LinkedIN lately to see a bunch of posts something along the lines of "Pleased to announce I graduated (honors degree) from (ivy league school) and will spend the next year volunteering to save the sea turtles from racial microaggressions before beginning my job with...

earthwalker7

Starting a thread for mid-career finance professionals. Where did you guys go after banking? I ended up in <abbr title="private equity">PE</abbr> myself, but man, it's hard. Seems <abbr title="Wall Street Oasis">WSO</abbr> is all about the...

thefinancekid

From all-star banker Frank Quattrone, buyout magnate Henry Kravis, to hedge fund legend Steve Cohen - there are always people we aspire to be or in the least look up to. If you had the chance to choose ANY big names to work directly for, who would it be and why?

phantombanker

Plus make sure to see my post <a href="//www.wallstreetoasis.com/blog/how-i-got-a-770-on-the-gmat-with-minimal-effort-while-working-banking-hours%E2%80%A6">How I got a 770 on the GMAT with minimal effort while working banking hours</a>

JamesDimon

I majored in psychology and economics at Tufts University. After graduating, I worked for a <span class='keyword_link'><a href="/guide/consulting-case-interviews">management consulting firm</a></span> in Boston for two years. I enjoyed my employment...

ATL_8379

<em>Mod Note (Andy) - We're reposting the top discussions from 2015, this one ranks #13 and was originally posted 2/22/2015.</em> <center><img src=“https://www.wallstreetoasis.com/files/suntrust.png“ alt="" /></center> I’m a long time reader...

Teller

<em>Mod Note: Each day we'll be posting the top WSO forum posts of 2014. This one was originally posted on 9/18/14 and ranks #13 for the year by total silver banana count. You can see all our top ranked content <a href="//www.wallstreetoasis.com/highest-ranked-discussions/year...

TNA

I created the last post about this time so I thought it would be a good time to get a new thread going. With many MSF/MMS programs starting their application cycle in the next couple of months I wanted to provide a place where people can post their profiles, ask questions or seek help. I've...

xgozax

I'm about sick of all the damn women (and virgins) complaining about how there aren't enough women in INSERT_CAREER_FIELD_HERE. This argument is made about minorities as well, which is similarly irritating. I'm writing this article to (brutally) highlight the things that women do...

BreakingOutOfPWM

Hi folks - I've been active on here for quite some time and thought I'd give back by sharing a bit of my background and providing some advice for those of us on the 'second chance' track. I left my first degree (top 50 undergrad) with a sub 2.0 GPA after 2 years (family...

Thorr2017

Hi Guys, I know that there are women out there who are easily impressed by the money and generally the prestige of Investment Banking, but how do you show them discreetly that you are <span class='keyword_link'><a...

Bankers Dozen

I'm a freshman at what you guys would consider a semi target (uva / mich / notre dame) and am at the point where i'm really trying to figure out the rest of my time in undergrad and what i want to do when i graduate. I'm good at finance, i understand how the <abbr...

NonTarget Scrub

Hello all. Long time lurker here who recently "made it" by winning a summer offer for 2019 at a top independent advisory shop (think EVR/CVP/PWP). I want to reflect on my experience recruiting and hopefully help out some prospective monkeys in the process. My background- I currently...

FiredFedChairman

Figured since MS just officially opened their applications for summer 2019 I’d start a megathread to keep track of updates. Has anyone applied yet?

Passionate Investor

1. There are plenty of ways to enter a pool. The stairs is not one of them. 2. Stop talking about where you went to college. 3. Don’t knock it ‘til you try it. 4. If a street performer makes you stop walking, you owe him a buck. 5. It’s okay to trade the possibility of your 80s...

financekid02

Most of this forum is about how people successfully broke in and now hate their lives. In reality breaking in isn't as easy it looks. So people people who went to elite semi/target schools (and non targets as well) and got rejected whats your story?

AllDay_028

Under the current executive action. this article gives the numbers: https://www.propublica.org/article/trump-executive-order-could-block-legal-residents-from-returning-to-america Homeland Security confirms it applies to green card holders:...

dan_yo23

I’ve been paying close attention recently to what the people who advance quickly in their career have in common, and what the people who are stuck in the same role for years have in common. One insight I had was that the people who are stuck in the same role for years and decades are no...

JuicyJuice

I received a message on LinkedIn from someone looking to get into <abbr title="investment banking">IB</abbr> a couple weeks back, in which the individual explained his situation and couldn't understand why he isn't seeing progress. The general gist...

madmoney15

<h3>Background: </h3> Rewind back to October 2011. I was a Senior at a fairly prestigious state school, but it was a non-target university. I was graduating with a major in History, and I believed I wanted to go to Law School eventually. My father and mother both went to Law School...

champagnepaki

I just realized nobody on this forum ever takes a second to appreciate all the hard work we put in and all the great knowledge we share with each other. A year ago I graduated from HS and entered my local CC because I had no clue what was really for me. I was a Computer Science major at the...

AllBurnedUp

That time of year again. Banks have finished their fiscal year and should be close to payout time (BMO / <abbr title="Royal Bank of Canada">RBC</abbr> / others?) Thought might be good to start a thread to see where comp is shaking out. I realize <abbr...

lionheartedx

Hey! I haven't seen a megathread for <abbr title="Bank of America Merrill Lynch">BAML</abbr> 2019 <abbr title="summer analyst intern">SA</abbr> yet, so here it is. <abbr title="Bank of America Merrill Lynch">BAML</abbr>...

thebrofessor

deletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedelete

tgi-finance

In a recent class discussion, we shared which companies we would like to work at upon graduation, and the reasons for choosing these companies. Common answers for respectable companies were Google, Apple, Spotify, and Deloitte. My favorite is probably Google, because of they way it treats its...

Mr. Pink Money

<em>Mod Note (Andy) - We're reposting the top discussions from 2015, this one ranks #8 and was originally posted 8/23/2015.</em> There's really no point to this post. TLDR: Sometimes it's just a job with a boss that does boss things. <h3>1) Young PMs...

throwaway_999

Hey all, This is really bugging me. Recently <span class='keyword_link'><a href="/tag/superday">had a superday</a></span> with the regional office of an <span class='keyword_link'><a...

CompBanker

<h3>Background</h3> I randomly discovered <abbr title="Wall Street Oasis">WSO</abbr> nearly seven years ago just weeks after I secured a <abbr title="full time">FT</abbr> <abbr title="middle market">MM</abbr> <abbr...

Fear The Bulge

First off, a question for you monkeys. Regarding the <a href="//www.wallstreetoasis.com/forums/woodford-creatine-greatness">Woodford and creatine</a> combo I use to signal the end of cocaine hours and the beginning of premarket: I started preparing it in the bottles to save...

Eddie Braverman

I was having a conversation with my 6th grader the other day and almost gave my wife an aneurism. We were casually discussing school when the subject of one of his pals came up. This kid used to be a real paste-eater, and I'd be lying if I said I don't enjoy a little schadenfreude at...

bell_hk_sig

As we go through recruiting season, people are bound to get hit with some of the strangest and most absurd interview questions that they never would have thought to prepare for. For the sake of comedy, please share questions here that you've either given or received. Here's...

Wu_Tang Financial

Janet Yellen recently provided a federal reserve study, with the ultimate findings being that income inequality creates different opportunities for people. Now this isn't exactly a big discovery, however it seems odd this study was performed. You can read the full article published on CCN...

TheWolfofWS

Whatsup Monkeys, I thought it would be important for all college students to read my story and understand that ITS NOT IMPOSSIBLE to get a job on the street coming from a Non-target school. I'm sorry if this post is long, I just have first-hand experience going through recruiting and I...

Dances With Newfoundland

Ok folks. This is Trump scandal #99447. Oh hell, I've lost count of the number of times people have gone hysterical over Trump's comments. Here are my thoughts on this. 1. Trump is a vulgar man with no filter. It's just who he is. Having said that, Presidents say a lot of...

ActiveShare

I've been reading <abbr title="Wall Street Oasis">WSO</abbr> for years and it helped me out immensely when I was trying to figure out the best route to take in order to achieve my goals. Now it's time to try and return some of that value, so here goes....

JuulAddict

Hello, I'm in a predicament. I need to decide whether to propose and marry the girl that I love before starting my first year as a full time <abbr title="investment banking">IB</abbr> Bulge Bracket analyst or to do it during the first year or after the first year. I...

big unit

<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 2/24/14 and ranks #17 for the year by total silver banana count. You can see all our top ranked content <a...

My Name is Jeff

TL;DR: Shoot out any questions you may have regarding any topics over here - the job, <abbr title="megafund">MF</abbr> <span class='keyword_link'><a href="/guide/private-equity-interview-prep-questions"><abbr title="private...

KREBSCYCLEOMG

<em>Mod Note (Andy) - We're reposting the top discussions from 2015, this one ranks #12 and was originally posted 10/4/2015.</em> <em>Mod Note (Andy): See his original post here: "<a...

Fear The Bulge

Man, it seems like there's nothing better than waiting until everyone's gone from the office for the night (we're talking the wee hours of the morning here folks, and we're not counting janitors as people) and doing lines off some prude bitch's desk while I undo a few...

guyfromct

I’ve dealt with both internal corporate recruiters and external (headhunters) and I continue to be amazed at how awful they are as a rule. I applied to a super regional bank, a recruiter reached out with some questions and stated that after I filled it out they’d reach out to set up a...

LateralMonkey

Hello everyone. I'm an investment banking analyst and I.. hate my job to put it lightly. I'm also terrible at it, which is mostly due to how much I hate it (I was a top 2 analyst until I just started hating everything). No, I'm not throwing myself a pity party. I'm...

overpaid_overworked

Number one thing I hate about investment banking: the congratulations you get after pushing an all-nighter to get a book out. Spent last night (and most of this morning) pushing out an important book for an <abbr title="initial public offering">IPO</abbr>. This...

thefinancekid

As a Senior HS student looking ahead not just 5 years from now but 15 years down the road, it scares me. I've been always interested in studying finance/business for my undergrad. Seeing the stagnating finance industry and the increase in automation (or atleast intentions to do so), I am...

Tiger16

For years, the investment banking sector has prided itself on the idea that it is fiercely meritocratic. Those who work hard succeed, and those who don't get chucked out fast if they don't make the grade. Recent research, however, has shown that the industry is dominated by people...

BobTheBaker

So Elon Musk tweeted a series of erratic comments stating that he is considering taking Tesla private at $420 per share, which represents a 23% premium on Monday's closing price of ~$340. As a result the stock shot up, reports were the tweets might be fake, volatility is ridiculous, and now...

grassmuffin

Ok, so I am a current senior in high school and I am in a predicament. I want to go into <abbr title="investment banking">IB</abbr> before getting my <abbr title="Masters in Business Administration">mba</abbr> and then <abbr title="asset...

DickFuld

Yes, you read that right. AndyLouis asked me to when I was going to do an AMA a year and a half ago or so in some random thread. I first researched what "AMA" meant and then realized it was a great opportunity. I had not really been in the DickFuld character yet and I truly never...

LReed

It seems that conservative and liberal pundits alike all use Investment Bankers as a symbol of greed and corruption to scapegoat for all of the countries woes. Did this all start after the housing crisis or has there always been hostility towards bankers? I commonly hear journalists spout...

endoftheroad

<em>Mod Note (Andy): Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 2/23/14 and ranks #26 for the year by total silver banana count. You can see all our top ranked content <a...

jnhadekjs

Since most women in clubs are just looking for one night stand/brief flings and <abbr title="investment banking">IB</abbr> girls have superiority/feminist complex. So where do you find those other wife type girls?

wannabeconsultant999

<h3>The Truth About The Back Office</h3> Hey guys, so I know there are a few posts about the <span class='keyword_link'><a href="/finance-dictionary/what-is-the-back-office-BO">back office</a></span> (i.e Operations) on this site but I...

SSits

<em>Mod Note (Andy): This was originally posted 12/30/14 and is a great read for those getting prepared for Summer Analyst recruiting</em> We're preparing for our OCR interview day for <strong>summer interns</strong> from one of our target schools and our team...

Hugh Myron

Monkeys, One topic that I see pop up time and time again on here is regarding the gym. I have a particularly slow Friday ahead of me so I thought I'd post a brief guide to training since I imagine, for the most part, we all have similar lifestyles and the challenges that come with them....

JTH

I started skimming the <abbr title="New York ">NY</abbr> Post irregularly after I heard the Mulaney bit on it ("the New York Post is like talking to someone who heard the news, and now they’re trying to give you the gist"), and I saw an **AMAZING** article today...

Appley

[quote] Fee <abbr title="fixed income ">fi</abbr> <abbr title="front office ">fo</abbr> fum I seek the site of a new HQ Bringing jobs and scouting talent I'll make retailers know they're dead -Appley [/quote] Jeff...

thewallstreeter200

Hi everyone! Long term user, but new account here to preserve my anonymity. <h3>My background: </h3> I'm currently a private equity analyst at one of the funds in the topic title. As some of our processes are slowing down, I wanted to check back into the forum and give back...

treeman

So tonight I was <span class='keyword_link'><a href="/company/goldman-sachs">at a <abbr title="Goldman Sachs">GS</abbr></a></span> info session, and a student asked verbatim "what can you tell me about the work/life balance...

tillmanw

Hey - I just wanted to stop in and tell you guys how I paid off approximately 60K in student loan debt. I went a very cheap/frugal route, but maybe you can apply my methods to your day to day. This post is for the middle class kids who don't get enough financial aid and/or scholarships....

Toonsquad

Target school, 3.5+ GPA, relevant experience (really good <abbr title="summer analyst intern">SA</abbr> gig at an <abbr title="investment banking">IB</abbr> firm) but still unemployed for <abbr title="full time">FT</abbr>. I...

CreditMadrid

Hi monkeys, so today is my last day at my internship and when I got to the office, my boss left me an entire plate of homemade chocolate chip cookies as well as a gift card on my desk. Wasn't expecting anything like this and she didn't really have to do this. So the title is pretty...

PatrickStar120

What is everyone's top stock pick to start off the new year? Explanation preferred if you throw up some no name or controversial stock. Once the year is coming to a close we could look back and see whose pick is doing the best and whose is absolute shit. As there has been a lot of...

Dimesnickels44

Does anybody play any games for the Xbox 1 or the PS4? Does anyone play any shooting games, fighting games, racing games etc

FinDroid

Monkeys, there is usually so much of noise about Wall Street and New York due to both history and the number of opportunities present. I was thinking about what it is to be a finance guy in other cities. Though people working in the financial services are not supposed to crib about work-life...

Appley

According to a [recent WSJ/NBC survey](https://www.wsj.com/articles/americans-losing-faith-in-college-degrees-poll-finds-1504776601), a staggering estimate of 47% young Americans feel that a college degree is not worth it compared to a 49% who do. *That* is a pretty close divide which is...

TrackBack

You guys have any good stories? My group doesn't do anything which is probably good in terms of HR but I've heard some decent ones from some of my friends: - One group makes all the interns dress like absolute clowns during the last week of their summer. Like tuxedos to the...

wrapfee

Hello everyone. I've lurked here on and off over the years and realize there isn't much activity regarding wealth management, but thought I'd register anyway. I'm in my 30s, at an independent broker/dealer, been doing this over a decade (after getting my B.S. in finance and...

Pizz

<h3>Finance Interviews: </h3> Goldman Sachs 1st round. No. Altamont Capital 1st round. No. Bracebridge Capital 1st round. No Bridgewater Associates 1st round. No. <h3>Consulting Interviews:</h3> Cornerstone Research 1st round No. Analysis Group 1st round....

CB SVP

In the spirit of sharing, I figured I would set up one of these to help out those interested in learning more about Commercial Banking. As there is no separate sub forum, it is hard to find up to date/current info. Commercial Baking isn’t super sexy like <abbr title="investment...

Pizz

Do any of you cry if your MD/PM yelled at you for screwing up, or coming late, etc.? Or simply feeling irritated by your MD/co workers who speak in a stern voice? How do you stop taking all of this personally, and realize that all that matters at the end of the day is money?

morgan28

What bad habits (besides lack of sleep) have you all developed since you started at a bank? For example, I started biting my nails after a month on the job but had never bit them before and a friend began to mumble random finance terms in her sleep.

LeveragedTiger

Hey everyone. The ink has just barely dried on my accepted offer to join a boutique private equity firm as an analyst, but I think now is a better time than any to tell you how I made the jump to private equity from a VERY non-target background. <h3>My Bio:</h3> A little bit...

itsanumbersgame

Hello everyone, A big HELLO to those who can relate to this thread. *Don't have to read.* SHORT intro: I'm in my early 20's, went to a non-target school. Found my way to a storied and renowned <abbr title="investment banking">IB</abbr> and secured a...

ForexOptions

Kind-of insane how fast equities sell off. I presume it's mainly from the algorithmic machines that dump massive amounts of volume all at once. The DOW opened insanely how but sold-off very fast afternoon. I have no hope in these markets anymore. Now, everyone is running around chasing all...

LES

Over the past few years, this forum has helped me a lot, so I thought I'd give back. The following questions are all from interviews and superdays I've had at various <abbr title="bulge bracket">BB</abbr>/<abbr title="elite...

HairyHilary

This is an actual question I got and completely f'd up the answer... How would you go about answering this question? It seems like a lose lose scenario. If you answer it seriously, by explaining your high GPA/relevant experience then its a really boring answer and you might even come...

WpgJets

I have been reading <abbr title="Wall Street Oasis">WSO</abbr> for a few years now and would like to give back and help out all of the younger readers on here. When I was going through the interview process for my current role, I had a hard time figuring out what exactly I...

JackTheBad

I know this sounds insane! But theoretically speaking <span class='keyword_link'><a href="/company/goldman-sachs" target="_blank">what if Goldman Sachs</a></span> and <span class='keyword_link'><a...

thewaterpiper

I short quite a lot at my current shop. I'd split my shorting into 4 buckets: <ol> <li><h4>Low quality companies that are misunderstood:</h4> These are typically misunderstood because some risk factor in the business model isn't fully appreciated by the...

chan.kw

I recently went for a <a href="//www.wallstreetoasis.com/guide-to-finance-interviews">finance interview</a> at a smaller shop. The interviewer asked me to tell him a joke. I blanked. I ended up saying: A man walks into library and approaches the librarian. The librarian...

Burke

<Redacted>

PacNumber

In the last 60 days I've seen so many deals fall out. Not just mine but other brokers across several asset classes. Buyers are hyper critical of everything. Sellers still want crazy money...Apartment investors selling at 4 caps and trying to buy retail at a 6. They see the end in...

lurker22

Wondering about this. Is it just the prestige/pay? Seems like your experience would be quite limited at megafunds (type of work similar to banking, just modelling focused). Why don't more people pursue <abbr title="middle market">MM</abbr> -- especially if it is less...

Goldmansak

It's my birthday today, and learned that my GF paid for a 1 week vacation for the both of us to go to Cleveland. My natural excitement made me spin out of my chair, get up, and swing my fist into the air. I did all of this so fast that I didn't realize my Managing Director was right...

notbad4aquant

Posts like these are a dime a dozen, but I need to tell my story so that the next kid can take inspiration if they ever stumble onto this post. This is a long post, but I promise it's worth it. ###**Background** Was born and raised in Australia to immigrant, lower-class parents. We...

NorthSider

I've always considered myself entrepreneurial at heart. Even since I've started my work in <abbr title="investment banking">IB</abbr>, I have continued to work on developing a few "back pocket" ideas that I'm excited about. Indeed, ever since I can...

straighttohellxo

I am currently in the process of applying for <abbr title="investment banking">IB</abbr> related internships and I have a feeling I'm not going to make the cut. You know how sometimes you dance with the hottest girl in the club but you KNOW she's not going home...

ValueBanker14

<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 4/29/14 and ranks #11 for the year by total silver banana count. You can see all our top ranked content <a...

Dr. Shakalu

I have seen a few posts on the Commodities Trading forum asking about how petroleum trading is priced, hedged, etc. I was reasonably high up in Risk Management for a “major” trading company in Houston for a few years and am now running a hedge book at a smaller company, so I thought I may...

marketbeater

Yesterday I received an offer from an equity long/short fund in <abbr title="Hong Kong">HK</abbr> and achieving my goal that I have been pursuing over the past 5 years. As a long-time <abbr title="Wall Street Oasis">WSO</abbr> user, I have read...

Human

***Please look at the bottom of the post before PM-ing me for materials. Summary: NYSSA IRC as a Stepping Stone in Getting a Job in <span class='keyword_link'><a href="/finance-dictionary/equity-research-overview"><abbr title="equity...

SouthernAlpha

<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 3/26/14 and ranks #18 for the year by total silver banana count. You can see all our top ranked content <a...

WhiteHat

<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 10/17/12. To see all of our top content from the past, click <a href="//www.wallstreetoasis.com/highest-ranked-discussions">here.</a></em> <h3>Deciding to Recruit For the Buy...

Theo_Epstein_2032

Recruited on-cycle in early December and signed with an upper <abbr title="middle market">MM</abbr> buyout fund in <abbr title="New York City">NYC</abbr> starting Summer 2019 (flagship fund size: $6-9 bn; AUM: $20-40 bn). Lazy Friday in the office...

newyorkermonkey

Who else got this? Let's discuss. I know there was a giant thread on this last year, but does anyone have experience with Goldman Sachs Hirevue questions for this recruiting session? Please add your interview contributions in this shared google sheet for 2018 <abbr...

Fear The Bulge

I'm back and at 'em, motherfuckers. Last thing I truly remember from two weeks ago, I was watching the election results roll in and they called Wisconsin for Trump. Thus began such a hardcore weeklong celebration bender I totally forgot about showers, the internet, and everyone in my...

Blazer1989

Hi, I know that it's quite unlikely probably that an intern quit early, since they put a lot into getting the internship in the first place but nevertheless did you hear about interns who just couldn't handle the hours and therefore decided to quit early? <h3>Have Interns...

KD's Burner Account

Over the past few years I have noticed a notable amount of misinformation related to the <abbr title="Goldman Sachs">GS</abbr> SLC <abbr title="investment banking division">IBD</abbr> program on this site. Given the amount of recruiting momentum...

CreditMadrid

Good afternoon monkeys. As much of this site must work in <abbr title="New York City ">NYC</abbr> or used to work in <abbr title="New York City ">NYC</abbr>, what are some of the wildest things you've seen go down in the city?

sometechfounder

Wow does this forum brings back memories! WallStreetOasis was a welcome discovery my freshmen year in college and I checked it religiously back then - trying to gauge the relative prestige and status of different firms and sucking in all the hilarious and offensive terminology along with it....

xgozax

Happy to answer any questions. Message me personally if you'd like 1 on 1 help.

Fear The Bulge

Here we go again, boys. Diversity rant. Notice what I did there? I said "boys" because I'm sexist, right? Wrong. Am I sexist? Fuck yeah, if paying for everything and thinking (knowing) that men are better drivers is sexist. But no, I'm actually just speaking to my intended...

Subutai Baghatur

This will be my very first post to this forum, which is admittedly dedicated more to banking and private equity rather than investment research. Given the dearth of content on buy-side equity research (understandable given the small size/low turnover of the industry), I have decided to share my...

EnergyHOU

<em>Mod Note (Andy) - We're reposting the top discussions from 2015, this one ranks #14 and was originally posted 6/14/2015.</em> I spend a bit of time in this part of the forum and consistently and constantly find repeated questions from individuals coming out of college and...

Fatwilly

Hey monkeys, I am a junior analyst who just landed a full time <abbr title="mergers and acquisitions">M&A</abbr> analyst role in the city. I asked for the feedback from my director and MD and they say 'All the job you have done is great, that's why we...

N0DuckingWay

Background: I work for one of the largest banks in the world by assets, in credit analysis. My job is basically to analyze the credit risk of large corporates (generally more than $1Bn in revenue). Products are not limited to loans and revolvers, but extends to everything under the sun that is...

champagnepaki

*I'm sure so many of you are tired of seeing my name around here - but god damn this community is truly amazing.* 1. I graduated from a shitty high-school (Ranked 2/10 on Zillow). 2. I had a 2.6 GPA 3. I smoked weed (perfectly fine, but is just not for me) and was distracted,...

babymonkey357

Just want to share best practices and hear what other people do to be more efficient. I'm wrapping up 1st year associate in middle-market growth equity shop... <h3>PortCos</h3> * Keep a folder for each portco in outlook where I save all correspondence * Save all...

sonibubu

Article just hit last night...Baly cutting 13 stock teams (~40 investment professionals) plus a bunch of back office to be cut by end of year. Oct was really bad for hedge funds, Nov has been an official **bloodbath**. MLP, Citadel, Baly all getting hit hard. Garden leaves vary by firm, but...

Sohail

Hey Guys! With regard to the above captioned subject, I'm looking to get in touch with candidates who have applied for Abraaj's GAP for the 2017 intake. In this regard, I'd be grateful if people can apprise about the status of their application process. Also, all those who are...

Keyser Söze 123

Would love it if some of the senior guys on this site would share their take on the process from client pitch to closed deal, and add anything I may have omitted. <h3>SELL-SIDE <abbr title="mergers and acquisitions">M&A</abbr></h3> <h4>1 -...

Ben Shalom Bernanke

Hey guys, I've seen a few threads on options <span class='keyword_link'><a href="/finance-dictionary/trading-overview">trading and how</a></span> important the Greeks are to your overall options trade. I found a great read courtesy of OptionsHouse...

Wolfofgeorgestreet

Interested to hear what <abbr title="Wall Street Oasis">WSO</abbr> thinks of this. I am in two minds with this one, Its a tough one and in general you can't dare to question the validity of some government scientists

Eddie Braverman

<em>Mod Note (Andy): Best of Eddie, this was originally posted in 2010. To see all of our top content from the past, click <a href="//www.wallstreetoasis.com/highest-ranked-discussions">here.</a></em> <strong><em>"The meek shall inherit the...

myr899

When does <abbr title="full time">FT</abbr> <abbr title="investment banking">IB</abbr> Analyst recruiting typically start? I am a recent graduate (May 2017), and am wondering when banks will start taking resumes/interviewing online, or via other...

cipranis

I've been recently feeling exhausted while wading through the summer analyst recruitment process. I've been stretched thin from networking in February to pushing for interviews now, with no signs of letting up for a few more months. I'm sure some folks out there feel the...

TorontoMonkey1328

In <span class='keyword_link'><a href="/finance-dictionary/what-is-investment-banking-division-IBD"><abbr title="investment banking division">IBD</abbr></a></span>, I think most bankers would acknowledge that the Associate role is...

The Uncontortionist

Let me start off by clarifying. <span class='keyword_link'><a href="/finance-dictionary/trading-overview">By trading</a></span> I’m not referring to investing or trading part-time while you do other things (such as hold down a full-time job). I’m...

squawkbox

<strong>Moderator note (Andy):</strong> <em>this is a post from 2010 but squawkbox suggested its relevancy remains and can be very useful for those going through <abbr title="full time ">FT</abbr> & <abbr title="summer analyst...

MichaelScarn

So hedge fund "genius" <a href"https://nypost.com/2018/07/31/einhorns-greenlight-capital-is-down-18-percent-for-2018/">David Einhorn<a/> is down 18 percent this year, even though the S&P is up 5 percent. Last year, his fund gained 2 percent while the...

timr23

I'm a lot more ambitious than people around me and how I just can't relate with them because they have no aspirations, don't plan long term, etc.(I go to a non-target state school) It got me thinking about why I'm so professionally focused and want to get into a top firm and...

Prestigious Pete

I would like to extend a warm welcome to myself, Prestigious Pete. I am a jealousy amalgam, created from combining all the conceited, self-assured finance super douches into one man called Prestigious Pete. After finishing up at Andover, I went on to attend Yale University, where I majored in...

Appley

So for anyone who hasn't heard of the situation in Venezuela, [basically everyone is dying of starvation because of the lack of... well, everything](https://www.wsj.com/articles/venezuela-is-starving-1493995317). Literally, everyone -- infants are facing the possibility of dying so early...

CreditMadrid

This is more to catch the attention the mods if anything but is it possible to place an IP ban on a user? I, along with a lot of people, are definitely sick of the trolls that have been plaguing <abbr title="Wall Street Oasis ">WSO</abbr> for the past month and a half. I am...

Sanctified

Recently saw a posting for this program go up. Can anyone cast any light on what it actually is? From what I understand it's a 1 year program, then after do they cut you or are you asked to stay on given good performance? Insight into comp and details about the program would be appreciated...

Withoutapaddle

I saw a couple of my story posts, and thought it would be good to share mine since I come from a very nontraditional background. I saw another post in outline form and liked it, so mine will mimic that. <h3>The beginning:</h3> * I was placed in foster care at three months...

embeebee

I’m 6 weeks removed from receiving an offer at a UMM/<abbr title="megafund">MF</abbr> – it was truly a thrilling experience. Now that I’m back into the swing of things at work, I thought I’d give back to the <abbr title="Wall Street...

CreditMadrid

Nowadays there seems to be this overall hatred amongst the majority of people (more so millennials) for people who are in frats and for people who dress 'preppy'. A lot of people seem to look down upon those in fraternities and make generalizations about those in frats such as being:...

Eddie Braverman

<p>I'm sure most of you caught the news a few days ago that <a href="https://www.tesla.com/blog/all-tesla-cars-being-produced-now-have-full-self-driving-hardware">every Tesla coming off the assembly line now has full self-driving hardware</a>. That was the...

VPGuerilla

I am posting this because I need the WSO community's prayers, your good vibes, positive energy, anything you can send my family's way. Monkeys, I am going through a very difficult time right now. This site has helped me in many ways, I have tried to give back. You all know I am a...

HeadsetWorking

Easy, non-controversial question. I am expecting a clearcut winner to emerge. Let the recommendations fly.

TripleDown

**Disclaimer**: *This is not a stupid self help post, just something I thought people should know. I am quite shit at helping others personally in general so don't expect much or in fact anything.* <h3>What I have to say</h3> It goes like this, I have changed jobs recently...

DonalDayUmTray

We have all been there, some d**k just pushes our buttons to the level where we consider knocking this dude out cold or just being a complete douche and making him regret his entire existence. What did you guys do? When were the times when some bumblefuck gave you the hardest time staying...

CompBanker

Hello World! Compensation in the <abbr title="private equity">PE</abbr> world can be a bit of a black box. I sometimes get approached by folks who are perplexed by their compensation packages at a middle market <abbr title="private equity">PE</abbr>...

Ash Ketchum

Forbes came out with their annual 30 under 30 for 2018 today. It's that time of year where we feel bad about ourselves, but at the same time motivated, because no matter how well you're doing, there's always someone out there who's doing even better. Unless you're a 29...

Eddie Braverman

<p>I can remember being excited to vote. No, seriously. I was actually excited to vote for Bush the Elder back in 1988. And I was never more excited to vote than I was for Perot in 1992. But that was the last time I was excited to vote for President. </p> <p>I voted Dole in...

Slobberynugget

All, I am doing this because I haven't found a thread like this on <abbr title="Wall Street Oasis">WSO</abbr>. I am curious as to everyone's most absurd <abbr title="investment banking">ib</abbr> interview questions that they have been asked,...

Antiaverage

Curious how this varies across cities. In SF, it seems living anything above a bare minimum life-style requires $130-140k, after retirement contributions, healthcare, etc;. Pre-taxes you're talking closer to 165-180k. <abbr title="New York City">NYC</abbr> seems...

johnbates1776

I recently accepted an offer from Goldman. I got 6 rejection <span class='keyword_link'><a href="/finance-dictionary/what-is-the-bulge-bracket-BB">letters from bulge bracket</a></span> banks. Finally, on my last <span...

WallStreetOasis.com

Dearest Fellow Primates, It's been a while since I reached out and asked for advice, so I thought I would take the time now to explain what we've done recently, what we're working on and see how we could make the site better for YOU. ### Design So we just changed this to a...

kingmark21

A friend forwarded me this list of analysts / associates destination of Blackstone and PJT Partners (onwards) classes in New York and London. More info in the US. Enjoy, apologies for the long list: <h3>Blackstone <abbr title="New York">NY</abbr>:</h3> * ...

WhiteHat

I'm fairly new here, and deciding what to write about in a blog entry might seem easy enough, but I'd rather people enjoy what I read than just read it and forget it. So I spent some time this week going through the more popular posts on <abbr title="Wall Street...

benjirivers

Hey there wolves. I recently set a goal for myself to be have a million dollars sitting in my savings account before mid-age crisis blows me across the face like a metal baseball bat. If there's any of you young bucks out there on the street with a similar goal. Matter of fact, if...

Eddie Braverman

This is going to sound pretty odd to some of you, but it's one of those macro trends that have been on my radar since roughly before the crisis started in 2008. I'm talking about the current trend toward minimalism in general and its many offshoots in particular, what long term impact...

To IB or not to IB

Hey monkeys, Just like the title says, [are rich people ruining America?](https://www.nytimes.com/2017/07/11/opinion/how-we-are-ruining-america.html) The article claims that the future potential of the children of low-income Americans are being diminished by upper-middle-class...

henchman

<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 7/7/14 and ranks #16 for the year by total silver banana count. You can see all our top ranked content <a...

Simshifter451

I'm curious why you guys went into investment banking (or why you want to) and how many of you guys actually enjoy your jobs? It seems like so many people going into banking (especially at the analyst level) end up hating their work and the lifestyle that comes with it. I know investment...

FellowMonkey

Hello there fellow monkeys, I am about to apply for a <span class='keyword_link'><a href="/guide/wso-internship-guide">summer internship</a></span> in <abbr title="Sales and Trading ">S&T</abbr> at <span...

Real Marcus Halberstram

I've seen the car topic, now let's start with the watches. I'm a watches maniac. Currently wear: Rolex GMT Master ref. 1675, Rolex Submariner 1680 red write. Next: <abbr title="accounts payable">AP</abbr> 15300 Dream: Patek Philippe Nautilus 5712

thebrofessor

As you all know, I'm a bit older, but not one of the oldest guys on <abbr title="Wall Street Oasis">WSO</abbr>, been with my wife for a while, and we're at the age where people are constantly asking us when we're gonna have kids, as if it's a guarantee....

NuclearPenguins

WF crushing it, just saw this on WSJ. Expensing meals early is apparently a fireable offense at Wells. https://www.wsj.com/articles/wells-fargo-fires-bankers-amid-probe-of-dinner-receipts-that-were-allegedly-doctored-1535637745

Asia_i_Banker

Content removed Content removed Content removed Content removed Content removed Content removed Content removed Content removed Content removed Content removed Content removed Content removed Content removed Content removed Content removed Content removed Content removed Content removed Content...

JimmyDormandy

<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 2/16/11.</em> I have been meaning to post something regarding this topic for some time, even though it has been covered to the point of exhaustion. My final breaking point was about 2 weeks ago, when I...

Matrick

Must read article by Nassim Nicholas Taleb (link below): [quote]The Intellectual Yet Idiot What we have been seeing worldwide, from India to the UK to the US, is the rebellion against the inner circle of no-skin-in-the-game policymaking “clerks” and journalists-insiders, that class of...

VaRty Time

So I'll try to be short, but I had an incredibly frustrating story that I need to vent. So before the hardos on here come at me saying "Youre just mad you didnt get the position", let me say that you are completely right and I'll explain why. I graduated from a small but...

George Kush

I may be a dumb southerner who limped through advanced calculus like a wounded animal, but I spent a fair amount of time in college studying math and applied statistics. (I think it is amazing you can graduate from many institutions with a degree in finance, having memorized a bunch of formulas...

GridironCEO

Have been really hitting it off with a hot first year analyst during social and drinking environments. I work in a large trading floor type environment, she's on the other side of the same floor but sells a different product/has different clients. She might actually be a middle...

Marcus_Halberstram

<h3>The 100-hour Work Week Fallacy</h3> <i> A typical investment banking analyst can expect an 80-hour week.</i> Yes, there will absolutely be weeks where you will work a hundred hours, but those weeks are outnumbered by 80-hour weeks. A user shared a wise comment...

DifferentPath

Took a different path to Corporate Strategy and have since exited (see below). AMA. * Grew up in suburb of tier 2 US city * Underachieved in HS – B student (generous), ~1200 SAT, lazy * Pretty good at basketball, helped me get into top 20 college – WHEW * OMG COLLEGE...

accountingbyday

I've been asked to do an AMA a few times over the past few months and it's dead in the office so I figured I'd open myself up for questions. Brief background: - <abbr title="balance sheet">BS</abbr> in Accounting from no name college with 3.0 - MS in...

IBDMagician

As a woman eyeing a career in <abbr title="private equity ">PE</abbr>, how could one best plan pregnancy to minimise damage to one's career progression. Time it with MBA? Wait till Director or even Partner? I doubt there are many mothers on here who can speak from...

Alistair-Clark

If you're reading this, I'm assuming you take a shit load of stimulants to stay awake and get work done. It's the only option on those days where you've been grinding through mind-numbing Excel for 8 hours and your brain is turning to mush.  When you've been getting...

BillBelichick37

I think he somewhat helped his case but seems like it wasn't enough.

baburator

<em>Mod Note (Andy): Each day we'll be posting the top <abbr title="Wall Street Oasis ">WSO</abbr> forum posts of 2014. This one was originally posted on 10/1/2014 and ranks #23 for the year by total silver banana count. You can see all our top ranked content...

Alecbond19

Hello Monkeys, I had to come to <abbr title="Wall Street Oasis">WSO</abbr>, because what just happened was so absurd, I wanted to get some feedback/opinions of the interaction that just occurred. So I'm a part-time intern <span...

Aaron Burr

When you work 80-hour weeks regularly and the staples of your diet are $25 Seamlessweb pasta dishes and burger combos, inevitably, nature is going to call – on your office line. For the majority of analysts on Wall Street, working at an investment bank is your first time in a professional...

Dances With Newfoundland

I work for a very well known tech firm (i.e., <span class='keyword_link'><a href="/company/amazon" target="_blank">Amazon</a></span>, Facebook, Google), and although the job is ok for the most part (fantastic hours, laid back, love the people...

TheKing

I've been on and involved with this site since its inception. It's been a sort of guide to me since I was a junior in college - it helped me break into banking and then <abbr title="private equity">PE</abbr>. I've tried to give back over the years and am...

km190

<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 1/25/14 and ranks #19 for the year by total silver banana count. You can see all our top ranked content <a...

jnhadekjs

And don't tell that they work too long. I know a manager at walmart who work as much as IBankers and makes just 80k. She has also a degree and been working 12 years in the same company. Even high schoolers with passion can do <abbr title="investment...

BOTT1702

At the start of 2008, I was a grain trader with less than one year of full-time experience who, through a series of strange events, found himself as the de facto head of my desk’s P&L. Although I had a senior trader who was supposedly in charge, he had brought his own book of business to...

jrdchn

Hi everyone, wanted to get this thread started for updates on the APD recruiting cycle at <abbr title="McKinsey, Bain and BCG">MBB</abbr> for this year. Applied a few weeks ago to McKinsey but no updates yet, including invitation for PST.

Jared Dillian

<em>Mod Note: This post is from Jared's Daily Dirtnap daily market newsletter. <abbr title="Wall Street Oasis">WSO</abbr> readers qualify for a $100 discount... just email [email protected] & mention "WSO Monkey Discount". You can follow Jared...

Dances With Newfoundland

I've been thinking a lot about this lately. Work-life balance is something that I used to care a lot about but now am questioning that. Quick context. I currently work in finance for a mega tech firm out in the west coast. My work-life balance is fantastic: 45 hour workweeks, no work...

RealDealHolyfield

I can't believe I am finally writing this but it is time to really reflect on what has happened in the past month. <h4>Background:</h4> Parents divorced, grew up in poverty in the middle of nowhere, etc. Chose to go to my extreme non-target because it was a full-ride and...

CoreyGoldberg

This was one of the most hyped films going into 2018 and as a superhero movie fan I had high expectations. I personally thought it was a really great film, one of my favorite in the Marvel Universe Films. Director did an amazing job, story was well written, all actors notably Michael B Jordan...

Jim Slip

Hi All, I've read several forums, discussions, and arguments on WSO on getting into the target schools, what it takes to get in, affirmative action, diversity, equity et al, but here's an in-depth look at the admissions process and how American Asians are suppressed because they...

FratLord

[quote="<span itemprop="name">Attack_Chihuaha</span>"]<p>getting laid in college is somewhat overrated</p>[/quote] - @Attack_Chihuaha" 4/30/2017, Never Forget. How do you all feel about this? What are some other things that are overrated?...

Private_Equiteer

Hi All - Posting from a throwaway account for anonymity, but wanted to get everyone's thoughts on a relatively new phenomenon I've started experiencing since beginning my role on the buy-side. <h4>My background: </h4> A bit of background on me - traditional path to...

FinDroid

Monkeys, I was going through this [article](http://fortune.com/2016/05/23/homeownership-millennials-college-degree/?xid=soc_socialflow_facebook_FORTUNE&utm_campaign=fortunemagazine&utm_source=facebook.com&utm_medium=social) on Fortune which said that the American dream is not...

Kurtz83

Just re-joined the full-time working world after two years at H/S/W caliber <abbr title="Masters in Business Administration ">MBA</abbr> program. Attended b-school after ~9 years in the US military working in the special operations community. While in b-school, I did...

Tiger16

The slickback is without a doubt the most iconic Wall Street haircut ever worn. Patrick Bateman was the first to unleash it on an unsuspecting world, and Jordan Belfort brought it to a new generation of aspiring bankers and financiers. This isn’t the generic businessman combover, or even a...

FlakieBear

1- You can’t date a jerk and expect to turn them into a good person. Jerks are fully committed to being unpleasant. Those brief moments of tenderness they give you are designed to trip you up and give you false hope. It’s best to stay away altogether. 2- The rumors are true: your...

yayaa

What has been the biggest lesson you learned this year in your RE career? Has anything surprising occurred or any interesting moments/events/trends you’ve come across at work and witnessed in the estate field? How other players are reacting to the market? 1st year at your current job or...

WallStreetPlayboys

We have not done an overview in quite some time and needed a post specific to Wall Street. This will elaborate a bit on our hedge fund posts and provide an overview for those that are interested in Investment Banking (You will work closely with Leverage Finance at some point in your career). As...

NoEquityResearch

See part 1 here: <a href="https://www.wallstreetoasis.com/forums/worklife-balance-equity-research-vs-investment-banking-a-definitive-guide-part-1">Work/Life Balance: <abbr title="equity research">ER</abbr> vs. <abbr title="investment...

Aerbil99

Hello everyone, I am a freshman attending Dartmouth - majoring in economics. I am focusing my future on finance, whether it be working at a hedge fund or private equity. But I've read and have been told a few times that I won't be able to make it in the industry because of my...

Eddie Braverman

I listen to a lot of podcasts. I've almost always got one on in the background while I'm working (unless I really need to concentrate, in which case I use brain.fm). I'm amazed at how podcasts have taken the place of radio for so many people. With that in mind, I thought you guys...

Pantera

I spent 3 years in bulge bracket bank covering awesome tech companies. Banking was great for me can't complain much. The culture in my group was amazing, the people I worked with were fantastic. Lots of social events, group lunch breaks and coffee chats. But like everyone else I was...

Jcr10

The New York Times has obtained a document that indicates that the Trump administration will be reallocating resources to the civil rights division of the Justice Department. Why does this matter? The document also states that these resources will help to **begin a process of investigating and...

Hayek

<em>Mod Note: Throwback Thursday: this post originally went up on 08/13/13</em> Reaching for that golden ring of career success, as most of the monkeys here are trying to do, can have significant costs. Some are obvious: preparing for interviews, networking, and getting top grades...

Postgradwonderer

I know some guys in here lucked out in the sense that they grew up in nicer areas but for those of us who weren't raised in private schools or upper middle class type of places, are more "new money", and started getting wealthier after college as our 20s progressed I would like to...

iggs99988

Some close present / former trump associates got indited this morning, including campaign chairman Paul Manafort. https://www.nytimes.com/2017/10/30/us/politics/paul-manafort-indicted.html http://www.cnn.com/2017/10/30/politics/russia-investigation-manafort-latest/index.html How high up...

numbermassager

I recently saw a topic asking users to <a href="https://www.wallstreetoasis.com/forums/what-has-been-the-biggest-choke-in-your-life">share some of their biggest chokes in life </a>, and thought I'd start a similar thread of my own. Any stories? I'll start with...

johhnyboiiii

I wanted to start a central thread where all Canadian undergrad students could comment and share inquiries, information, and concerns regarding investment banking <span class='keyword_link'><a href="/guide/wso-internship-guide">summer...

alpha_q

I suppose the title is bespoken for :). Last week I had just finished and was going to wash my hands. At that moment the stall adjacent to the faucets opened and a woman was coming towards the sink. We each made contact with a puzzle expression. Internally, I freaked thinking I accidentally went...

Jared Dillian

I’ve been writing for this site on and off since 2012, and while I don’t work in the banking business per se, I work in a related field, and I’ve been lucky enough to have employed five great analysts over the years. So at age 43, and having been an employer many times over, I have a few...

Wolfofgeorgestreet

I think Trump hit it out of the park tonight. He spoke very well and I don't recall him stuttering or jumping words. What did you make of it?

upod01

<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 2/20/14 and ranks #21 for the year by total silver banana count. You can see all our top ranked content <a...

Discobolus

Been on <abbr title="Wall Street Oasis">WSO</abbr> for ages (10+ years) and asked Andy to let me do this AMA with a fresh username so I can focus on giving the most helpful answers without any baggage. I've benefited a lot from <abbr title="Wall Street...

NoEquityResearch

Back when I was applying for <abbr title="equity research">ER</abbr> associate positions, I was really struggling. Only a handful of positions per year opened in my industry, so I got very good at making the most of each application. I got to the point where if there was an...

Leveraged Sellout

Dear Women In Tech, Do you ever get so stressed out at work that you indulge the idea of taking a moderately well-paying job with reasonable hours in a stable industry with men who aren’t going to constantly sexually harass you? Do you dream of a place you can finally settle down and...

ysob2

Interested to hear what people think are the top groups in <abbr title="investment banking">IB</abbr> both for <abbr title="bulge brackets">BBs</abbr> and <abbr title="elite boutiques">EBs</abbr>. Some that jump to mind are...

Anonymous Monkey

Hey everyone, My interviewer met up with my boss at a networking event and long story short the interviewer revealed I was interviewing at his firm. My firm is likely to ask me to leave as they are very unhappy about it. Just wondering, how do you guys go about your job search to protect...

navyrugby

Once and for all - Here is the best guidebook I can give you for <abbr title="private wealth management">PWM</abbr>/<abbr title="private banking">PB</abbr> at the Associate level. Enjoy and show me some love... 1.1 What is Private Wealth...

Mr. Pink Money

<em>Mod Note (Andy): Throwback Thursday - this was originally posted Feb 2009</em> Since there aren't any decent/active discussions on the HF forum, I figure I start a thread highlighting the good, bad, and ugly aspects of working at a hedge fund. This is based on my personal...

Parked on Park

It was the summer of 2014 when I first met her. We were both interning in the city; she was a year older and I met her when my friend, who was her roommate of 2 years, introduced us at a bar. Initially, I wanted to get to know her better so she could help me get a job – I wanted to line up an...

laughamout

I am an international student and a rising junior at a semi-target/low target school. When crafting my resume, is it advisable for me to create an English name (the likes of John/Dan) to fend off xenophobia? Or should I just go by my real name, which all of my friends and previous employers...

dchd9

I was never an art guy growing up. I used to think that people would call anything a masterpiece, even if it seemed to be something made in a pre-k crafts class (think dots on the wall). After taking a gen-ed class back in community college, I started to understand why people respected and...

xgozax

Most of the big banks are in New York and Glassdoor has their salary between $100-$150k first year. $150k is like $60-$70K In Texas dollars.

Isaiah_53_5

I usually make one big shake per day to sustain my energy and nutrition. What do you like to make?

moneymogul

Hello all. Inspired by another user's idea a few weeks ago, I've decided to keep notes of my internship in progress this summer and begin to release write-ups of each week as the summer goes on in an effort to give back to the community (and because I enjoy writing). If there is...

BlackHat

Hedge funds get all the glory... and now they're even going to get all the press, courtesy of the JOBS Act, and I'm more than excited to see who thinks they actually need to advertise to bring in the flows. However, while a hedge fund is structured to make one man insanely rich and a...

pton2020

Have a <abbr title="Deutsche Bank">DB</abbr> offer for <abbr title="summer analyst intern">SA</abbr> 2019. Haven't applied to any other firms yet, wondering whether to take it or not. Go to a target school, GPA above 3.5.

Bullfighter12

I am posting this because this site has been a tremendous help when I was first getting started. In no way do I view my story as special, I actually believe that people from my background are extremely common in my experience, but people on this board seem to think going to a non-target is a...

h3dgehog

While taking the time to clean and organize my desk after a hectic 4-6 weeks engaged in a deal, I came across my old <a href="//www.wallstreetoasis.com/guide/investment-banking-interview-prep-questions">WSO IB interview materials</a> I used in the past. Seeing these old...

The Pharma Guy

Slow bank holiday night, so I figured I would go into this. After having followed watch brand for some years and having had countless conversation with fellow consultants and banking friends about why you don't spend your first bonus on a fucking mixed steel-gold submariner, I figured a...

canarydwarf

Hello all, I was suddenly grabbed by an idea to write down the lessons I learned from the ten interviews across seven different positions and 6 different companies I attended in the past 2.5 months on the road to my first job out of university. I started brainstorming in rough chronological...

ptm24

Title says it all. There are plenty of discussions on here about the value of luck vs skill, so for you personally, what percentage of your success (or lack thereof) is due to luck and what percentage is due to skill?

mean5998

Anyone will to share their experience of a Goldman Sachs Superday specifically for <abbr title="investment banking division">IBD</abbr>. How many interviews is it usually? Is it more behavioral or technical? Thanks in advance <em>Mod Note (Andy) - don't...

George Kush

I was screening for new l/s ideas yesterday and forgot to filter market cap. Some hilarity ensued, and having a minute this morning, I figured I would share this collection of monkey shit. Yes, these are/were real companies and you can look them up on Cap IQ if you want. **5. Reality Racing...

JacobWSO

I'm looking for serious answers please because your responses will help me decide my life trajectory. I'm an undergraduate at an Ivy... I'm honestly drawn to finance almost entirely because it seems like a lucrative career and I'm not interested in medicine or law (if law...

Fear The Bulge

Story time. So last night I'm spinning my wheels in the wee hours, taking key bumps, waiting for pre-market. You know, usual weekday routine. I start clicking around WSJ and I see Shillary is leading in 4 key battleground states and that, combined with the coke, gets me mad. I almost reach...

Real Marcus Halberstram

Going through a bad moment for university, internship and so on, so Im pretty stressed out with constant anxiety. How do you guys deal with this?

French35

Hello everyone, I am currently intern in a small boutique and I have some issue with an associate. I would like to have your opinion about his behavior and if you can tell me if it's pretty normal in the industry or not. If it's not normal, how can I deal with that guy? The team...

moobybutts

Come from a town where not a lot of people really know what investment banking is (probably like most towns). I'll be a first year analyst making around 150-200k next year. I told my family, with the exception of my brother, that I'll make somewhere around 70k or so (tell them...

swagon

Thanks, WSO! I finally had sex for the first time last night. It took a lot of effort and persistence but I finally did it. I couldn’t have done it without the great advice I received on <abbr title="Wall Street Oasis ">WSO</abbr>. Looking back on my experiences, my...

Pokemon Master

So.... I'm kind of getting sick of explaining to friends and family that I'm not a realtor. Plus even when I do try to explain the concept of being a real estate investment analyst at a family office, it just kind of flies over everyone's head and they still assume that I'm a...

models_and_bottles

In the spirit of the holidays, I thought I would host a AMA for anybody interested in the life of a buy side analyst that works on an emerging markets fund. I also occasionally contribute ideas to our international developed market funds, but I do not work on any U.S. companies. Brief...

Going Concern

We, the monkeys of the Wall Street Oasis online community, hereby petition the resurrection of the user famously known as <b>Brady4MVP</b>. Currently said individual is operating under a moniker highlighting the distinction between mba's and muffins, and he is struggling. Having...

Rondo12

This is my take, and I've included some basic commentary about why I've listed certain firms in certain places. I'm definitely interested in hearing what people think, but before I give the list I offer two disclaimers: 1. This is what I think the landscape CURRENTLY looks...

mmmm123

I made all the <span class='keyword_link'><a href="/tag/superday">way to superday</a></span> at a <span class='keyword_link'><a href="/finance-dictionary/what-is-the-bulge-bracket-BB"><abbr title="bulge...

Zosa

Third year analyst here at an <abbr title="elite boutique">EB</abbr> in <abbr title="New York City">NYC</abbr>. Title says it all: I cannot save any money in NYC! Not blaming this on the cost of living here, although very high, my spending habits...

Crypto Jones

Hello, I currently work as a trader at a crypto focused hedge fund. Our primary function is that of a market neutral liquidity provider and we work with our clients to transact in concentrated positions of illiquid, thinly traded coins. Prior to this role, I was a trader at Goldman in...

Synergy_or_Syzygy

### 30 weeks later: Associate Edition Idea shamelessly stolen from @Sizzling_Biscuit" (<a href="https://www.wallstreetoasis.com/forums/30-weeks-later-re-imagined">30 weeks Later (Re-imagined)</a>) **Week 1: Training** You arrive through the glass doors in...

champagnepaki

I've noticed that there is not a thread exactly like this for prospective monkeys to take a look at. I'm currently an undergrad second year applying to some targets/semi's as a transfer, and this would have been helpful if I didn't know exactly where I wanted to be. What...

AndyLouis

Voting starts this week! I have some names in my head but feel free to post your nominations in this thread. Thanks! Also, let me know your nominations for <a href="https://www.wallstreetoasis.com/forums/nominations-wso-forum-thread-of-the-year">thread of the year</a>

idaho

I hit 1,000 bananas about nine months back, went inactive, and now am back for the time being. When I reached that milestone, I couldn't help but ask myself: How the hell did I spend this much time on WSO? So, to the ~400 or so users with 1,000 or more banana points: Who are you? Why are...

Cami19

I follow the investment banking and economics tag on tumblr for study notes and stumbled upon this post. I thought it I'd post it on here for reference for people of all levels. I can't post links but if you search said tags those on tumblr the post is still up and it led me to a whole...

FierceFalcon

Hi all, This past month a fellow summer analyst asked me if I thought management would mind if he took a 2 week vacation to visit his girl friend in Italy. Let me remind you that this is a 10-12 week internship... This guy has always been sort of an odd ball, but this was plain shocking....

little-monkey

So - I just got all my R1 decisions back and found out I got into MIT Sloan and Berkeley Haas! I was a low GPA candidate - ended up with 2.96 from a T30 "semi target" school. Major in Econ, Minor in Math. A caveat about my grades - my lower grades were in upper level math courses...

NoEquityResearch

Hey everyone...sorry to take so long for part 3 of equity research vs. investment banking. For those who missed the first two parts, see the links below: [Work/Life Balance: Equity Research Vs. Investment Banking - (A Definitive Guide, Part...

MonacoMonkey

Saw the post about "Cheating Sleep". Figure I'd start a sequel. :) In all seriousness, monogamy is only beneficial for two groups of people: 1) women - they have a biological incentive, since babymaking takes 9 physical months and years of nurture / time investment. a guy...

Esuric

So Trump recently released the first ever Fake News Awards. See below: http://www.foxnews.com/politics/2018/01/17/president-trump-reveals-winners-his-fake-news-awards.html 1) The New York Times’ Paul Krugman claiming markets would ‘never’ recover from a Trump presidency 2) ...

SilverbackGorilla

Among the many prominent companies and CEO's Goldman Sachs has joined the ranks denouncing Donald Trump's recent immigration ban. [quote]Goldman Sachs Group Inc.'s more than 34,000 employees arrived to work Monday to find a voice mail waiting. "This is Lloyd," it...

GingerGuy

Dead or alive. Fun interesting people, influential role models, mortal enemies, the bourgeoisie, whatever you think will make for an interesting conversation. I've got two picks: Danny Porush, I think he'd be fascinating to talk to about his time with Stratton Oakmont and Jordan...

WhiteHat

<em>This was originally posted on 10/26/12</em> For many positions, the stock pitch is the biggest part of the interview. It gives the interviewee the opportunity to explain his or her thought process and the way they evaluate an investment opportunity. It can separate the...

Dorsia_

Is anyone else tired of seeing the decisions for their applications like 5 months later. I thought It might be a good idea for people to consolidate decision information in a separate thread from the recruiting one. Here it would be cool if you posted anything you may have heard back for...

therealgekko

To the associates who started as analysts at their investment bank, why did you stay? Why not leave for buyside, corp dev, etc. after your two years? I'm genuinely puzzled by this, which is why I'm asking. I did an internship in banking, and worked in banking as a full time analyst...

kallester

When I did my military service, we performed an exercise whereby we stayed up for 36 hours without food and then marched our way to the shooting range. The resulting spread of bullets on the target where equivalent to that of someone being significantly intoxicated. I think many of us can...

ThatOtherGuy

So we all know that expectations usually don't meet reality: 1. Banking -> <abbr title="private equity">PE</abbr> isn't the multi-million dollar promised land 2. Academia to professorship is a nightmare process with slim chances of tenure 3. Becoming a...

tonapornottonap

Looking at how outrageous the entire system has become and wondering how you guys think this will turn into. Any takers?

maddy.ap

I am turning 30 this month and looking back now I realize how little of my goals I have achieved (professionally and personally) I make around $150k a year, hardly enough to make a decent living in Manhattan. Not in <abbr title="investment banking division">IBD</abbr>...

Real Marcus Halberstram

Monkeys, Just for fun, I would like to know how and what do you drink. Personally I love Apple Martini or red/white wine during the dinner Hennessey - Remy Martin after dinner Night out with table Dom Perignon, Belvedere or Patron, obviously Enjoy

WallStreetPlayboys

<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 5/13/14 and ranks #30 for the year by total silver banana count. You can see all our top ranked content <a...

rufiolove

You hear the occasional story before you take the leap; and longing to maintain the image of <em>The Next Chapter</em> you have so delicately envisioned for yourself, the one that rests deep in the confines of your subconscious and gives rise to those fanciful journeys your brain so...

Potryasayushi

This thread is for people applying to the bank's <abbr title="asset management">AM</abbr> Winning Women events this October in <abbr title="New York City">NYC</abbr> and Chicago. But feel free to follow and/or post if you're in another...

Charizard

Hey everyone, feel like we haven't had a good ol' argument/friendly discussion in a while. What would you say is the current tier list of investment banks in 2016 based on overall brand strength? If you have real balls, rank them with no ties (1a, 1b). <h3>Ranking the Bulge...

champagnepaki

I applied to a certain bank for SA19 in June. It's now only two months later, and I've just applied to their <abbr title="summer analyst intern">SA</abbr> 2020. Am I reading this wrong or am I misunderstanding the app? This is pretty retarded - I applied just...

anonymoushedgefund123

I recently got laid off by my employer, a larger credit focused hedge fund. I though I'd create an AMA to clear up questions anyone may have regarding the <span class='keyword_link'><a href="/guide/hedge-fund-interview-questions">hedge fund...

Mr. Manager

Some of you may have heard that Harvard Business School does not teach introductory accounting classes anymore. One of the reasons is that they use an online accounting software from a BYU professor, who is now providing his course for free. Has some pretty good exposure and some top...

Patz

My wife has worked for a big <abbr title="investment banking">IB</abbr> in <abbr title="New York">NY</abbr> for over 30 years. She's 60 years old. Of course, her goal is MD. She's now an ED. Every year, she gets passed over for MD. ...

Bschool

Hi all, Longtime reader and writing as a small way of “giving back.” I’m in my second year at H/S/W and thought I’d share some thoughts and insights. My background is traditional – think <abbr title="investment banking">IB</abbr> / Consulting / <abbr...

whatsapitchbook

Just curious what the brilliant minds of <abbr title="Wall Street Oasis">WSO</abbr> have to say about this. Obviously it's a good idea to pay down debt and not spend your money on a sports car, but also given the current interest rate environment - maybe it makes sense...

TorontoMonkey1328

<em>Mod Note (Andy) - as the year comes to an end we're reposting the top discussions from 2015, this one ranks #23 and was originally posted 8/28/2015.</em> <EM>Inspired by the <a...

Ben_CharismaOnCommand

We'd all like to imagine that work will go smoothly 100% of the time. No mistakes, no blow ups with our bosses, no frustrations with the people below us. Just sunshine and rainbows every day. Huzzah! Unfortunately, for most of us mere mortals at least, that isn't how it always works...

Keepondreaming69

And why is it Texas?! But really, I’d be interested to hear where some of you live and the pros and cons that come along with each area.

BabydickCapital

<span class='keyword_link'><a href="/finance-dictionary/what-is-a-hedge-fund-HF" rel="nofollow"><abbr title="hedge fund ">HF</abbr></a></span> Satire

a PAC-MAN

In a recent [article](https://www.cnbc.com/2017/10/17/bitcoin-is-speculative-bubble-and-unlikely-to-become-a-currency-ubs.html), UBS mentioned [quote] The relatively high volume of cryptocurrency turnover, against limited real-world use, suggests that many buyers are seeking speculative gain,...

ibank2019

Hey guys, I'm starting a thread for this program since first rounds are supposed to start coming out this week. Has anyone received anything yet? <em>Mod Note (Andy): Best of 2016, this post ranks #41 for the past year </em> <h3>Citigroup Summer Sophomore Internship...

iggs99988

https://www.cnbc.com/2018/01/25/trump-interview-with-cnbc-full-transcript.html Think everyone should read the interview transcript. I'm not sure how anyone can be against Trump at this point. He clearly has the country's best interests at heart. He's not nearly as draconian on...

wsobroski

The more I mature and expand my scope the more embarrassed I am of my immediate and extended family. I just can no longer ignore or normalize the cyclical nature of their perpetual ignorant decisions, their low culture attitudes & values, adults who don't read anything, exclusively eat...

ColdCaller

I guess there are two sides to these kinds of stories: the geniuses that used their intelligence to achieve big things in their careers/lives and the ones that didn't. The terms "genius" and "prodigy" are used pretty loosely these days so I guess the answers to this...

YungBull

Two weeks ago, a thread was created on favorite banking phrases. It blew up, and numerous monkeys shared some hilarious jargon used in this industry. If you haven't seen it yet, I definitely recommend checking it out...

SirGrayWalrus

What was he or she wearing? Did anyone mention it to them? What happened? Any funny stories? Just curious

imissmanhattanrealestate

<a href = "http://www.wallstreetoasis.com/forums/what-the-fck-have-i-done-with-my-life">My first post</a> garnered quite a few negative comments, as would be expected when I'm dealing with those in a situation similar to my husband's, defeated in life and ready to...

Kassad

Title says it all. The best idea I read here recently was making Instagram bots to sell accounts to wannabe celebs. My entrepreneurial pursuits are much more long-term: an automated trading system and an AI-driven drone security system, among others. So I'm curious: what other...

iBankedUp

Saw a college chick that was a big proponent of "smashing capitalism" and installing a marxist/communist system. It got me thinking why do people hate capitalism? First thing that's interesting is that people don't know what capitalism is. Discuss what it is, as it seems to...

NoJobProspectsInSight

So was browsing LinkedIn just for the fun of it and came across this golden job posting today. It's weird to see this explicitly stated as a skill now <img src="/files/styles/w800/public/inline/images/inkedcapture1_li_0.jpg?itok=iEMwuOya" alt="" />

SouthernAlpha

Hello Monkeys, I am currently in the process of transferring and was frustrated by the lack of a centralized source of information about transfer friendly schools for IB, so I made one for the website. Anyone who has some value to add related to placement from any of these schools, please...