TopicReplies
+48AMA: extreme poverty to non target to investment banking

johndoe2019

Hello everyone, I am sharing this because Andy and Patrick said it may be useful for some younger users. I legitimately believe that <abbr title="Wall Street Oasis">WSO</abbr> helped me get my career started. About me: I grew up in the roughest part of town...

27
+21WeWork: The Bull(ish) Case

CuriousCharacter

I’m working on a mammoth multi-part Google post and WeWork ties in nicely with the overall theme. *(To be clear, I have no opinion on WeWork as an investment - and I have zero knowledge of real estate - but I saw [this...

31
+18What's your walkaway $ number?

thexfactor336

After a bender of a boys trip to Miami, I'm sitting at my desk hungover, tired, and with a huge case of the Mondays. Don't really feel like doing any work today so been planning my Europe trip for this summer. And it got me day dreaming and thinking about some hypotheticals:...

45
+17AMA: GS/MS IB Analyst —> Megafund PE Associate —> HBS/GSB Business School

Classica

Hi Everyone, I’ve lurked on this site for a long time and it’s been extremely helpful at different points in my career. I’m interested in giving back via an AMA thread as I’ve seen others do over the years. Quick background: - Graduated from one of the top liberal arts schools -...

24
+11AMA on the WSO IG tomorrow with @CRE

famejranc

@CRE" will be hosting an AMA on the WSO Instagram tomorrow (https://www.instagram.com/wallstreetoasis/). He will start answering questions around 11:00 AM ET, and you can start sending in questions tonight around midnight. His background: - Real Estate Development Manager - Poli...

16
+11AMA: Non-Target to Strategy Consulting to Director

remeiko

Given that I've been able to gain a lot of insight through this forum I figured it was time to give back. Quick background on me: - I went to a non-target school in Toronto - Went from academic probation (less than 2.0 gpa) to graduating with a 3.6 GPA (in yrs 3/4) - Joined a top...

8
+9Recession in 2019? The Great Recession 2.0

Iguler

Hello All, Is the second housing Armageddon coming in 2019/2020? If you think this, why? Article from the Jesse Colombo at Forbes - Housing Bubble 2.0: America’s Housing Market Is Up 49% Since 2012 [quote] Since the dark days of the Great Recession in 2009, America has experienced one...

19
+8Looking to acquire an SME, question about LBO model cases and level of risk in classic PE

Ballingwithabudget

Hi, I am in the process of searching for a small company to acquire, and have been struggling to find a target due to the various targets inability to service debt if business declines somewhat. This has led me to pull out of several discussions and I am starting to wonder about my approach....

16
+7AMA: I'm a current MBA student in the NYU Stern part-time program

NYUSternAMA

Hi everyone, Hope this finds you well. I created this account for anonymity purposes, but wanted to do an AMA on NYU Stern's Part-Time <abbr title="Masters in Business Administration">MBA</abbr> program. I've seen quite a few questions asked about it, but no...

2
+6Credit Hedge Fund opportunities

bigcheese210

I wanted to make a quick blurb/ overview of the different pathways in the overarching credit space but also seek feedback and other thoughts from other guys in space – knowing full well plenty of things on my list are guesstimates, anecdotal, etc – and that I’m more coming from a place of...

0
+6Should I Slow Down?

Warren's Buffet

Hi WSO! I have a bit of a predicament. I'm currently a first year with ~70 credit hours and can graduate in Fall of 2020 with a few more summer classes and winter classes. I wanted to get your thoughts on this and how going full time usually plays out after something like this. So far,...

12
+6i dont wanna learn crypto but i wanna own it tell me what to buy

GoldenCinderblock

yeah. what he said. it's a sort of emotional arbitrage. i will be invested in everything and will get excited when ANYTHING is discussed. forests? yes. i will invest in trees. mills of various sorts. not italian cars. never those. but i will invest in german or swedish engineering with...

12
+6If you were to design a development internship program, how would you structure it?

TheMasterBuilder

Still a sophomore in undergrad but have the task of helping design a RE development internship program for a company that does not have a formal one. In my situation how would you all structure it and what aspects of development would you want students to experience and what skills would you try...

7
+6Career (and Life) Measuring Sticks - Where should you be by what age?

VaRty Time

Welp I want to avoid writing a novel here because I have seen my story a bunch of times from my friends IRL, and even more so on this forum, and think you are familiar with it. A little backstory - I just turned 26. I am on my third job (previous jobs was mid-office at <abbr...

6
+5Pre-asset Portfolio Company Equity Comp

ResponsibleRinger

Any experience with what % equity (incentive shares) a VP of finance level should expect when joining a portfolio company that was just formed? This is in the energy space. Any experience would be helpful - particularly interested in hearing about associate at <abbr title="private...

3
+5What’s the difference between “new technology” and “aging technology” at an investment bank?

WSO_123

I read a few reviews of my <abbr title="middle market">MM</abbr> bank, where people complained that our technology was so outdated, that it was difficult to do work. At the same time, some <abbr title="bulge brackets">BBs</abbr> are praised for having...

8
+4How to adjust to Hedge Fund culture

googly2u

I'm a lawyer in London and just moved into a VP position with a leading hedge fund. I worked in financial services before but this is my first real job in house. I've been here a few months and I really find hardly anyone is chatty or friendly. I am finding that a little difficult...

2
+4When to Use Cap Rate, or Price Per SF?

nycre1234

Under what circumstances would you use a cap rate to value a property and when would you use price per square foot to ascertain a valuation?

6
+3China's tech employees are fighting back against the "996" working hour philosophy

kakaman

https://techcrunch.com/2019/04/12/china-996/ Currently there's been a lot of press around Chinese tech workers protesting the "996" working hour philosophy, which stands for 9AM-9PM, 6 days a week. It's kind of interesting because the tech companies that have this...

6
+3Nice Dividend Stocks

GoldenCinderblock

I have decided ti start investing in stocks for fun and I have decided I like dividends. Tell me your favorite dividend stocks. Trying to get some dividends up in this bitch. Also, is there a good reason I shouldn't use RobinHood so long as I'm not trying to trade options and other kid...

17
+3Win A Year of WSO Premium (80,000+ Interview and Salary Data Points), $299 Value, for FREE

WallStreetOasis.com

Welcome to our new <abbr title="Wall Street Oasis">WSO</abbr> Weekly Trivia! Show off your industry chops for a chance to win a year of <abbr title="Wall Street Oasis">WSO</abbr> Premium (a $299 Value) free! Which <abbr title="investment...

3
+3Ivy League Certifications? A second shot or a scam

Iguler

Finance is getting more and more competitive making it hard to break into any field, especially when you don't have a target school on your resume. Now, Ivy League schools like Columbia, Harvard, NYU, etc are offering certifications in finance, and while this may seem like a second...

4
+3Help! UVA vs. OSU vs. Michigan

Throwaway123447

Hi. I want a job in finance, but I am not sure what specific job. I was admitted to UVA, Michigan (Computer Science, not Ross) and Ohio State and I was wondering which one to choose. I would be able to attend Ohio State for free, but I would be 71k in debt if I went to UVA and 68k in debt at...

16
+3MB Restructuring vs A&M Restructuring

fitzmagic

Would you take a restructuring consulting role at Alvarez & Marsal or a restructuring banking analyst role at Miller Buckfire? Goal is to eventually work in distressed <abbr title="private equity">PE</abbr>/<abbr title="hedge fund">HF</abbr>.

3
+3Joint Venture with a bank and a debt broker?

Brody92

How common is that? I work for a bank focussing on CMBS originations. Few years ago, Walker & Dunlop launched a CMBS origination platform and formed a joint venture with a fund managed by an affiliate of Fortress Investment Group. The benefit to Fortress was the robust deal flow resulting...

6
+3Physical Trading, No futures, and no series exams

Sangisinacoma

So I attended a non-target school and recently received an offer as a commodity trader on the lumber desk at a firm called Seaboard International Forest Products. The company is a subsidiary of the Forest City Trading Group and is located in New Hampshire. I traditionally envisioned myself...

2
+3Greenhill Dallas?

UgEcon

Does anybody happen to have any insight into the Greenhill Dallas office? Any other investment banks in Dallas?

6
+2Carrying contingencies in the development proforma

egold70

Had a couple of basic question relating to how to work the contingency line items in a typical development budget/proforma. Assuming both a hard cost and soft cost contingency, if a GMP contract is utilized, once the contract is executed, shouldn't the hard cost contingency effectively...

5
+2Average number of openings at each of the top 50 PE firms

DCF_king

Does anyone have a rough estimate of how many people each top 50 <abbr title="private equity">PE</abbr> firm hires on average from IB? Thanks!

1
+2Hedge Fund Summer Analyst 2020

ProfessionalPatagucciHardo

Self explanatory. Started this to keep track of what is going on with <abbr title="hedge fund">HF</abbr> recruiting. As of now, I have seen some small funds looking for Summer interns but no big funds have opened apps yet.

0
+2Co-GP structure!

yoruba123

Any one have any insight on co-GP structures? For example, $100M deal with 60% LTV. You go to a <abbr title="private equity">PE</abbr> firm to raise $35M of JV equity and co-GP puts in $5M. How do you structure this amongst the co-GPs? how are fees split? Do you...

3
+2Martin Shkreli is a NATIONAL TREASURE

GoldenCinderblock

I'm sitting here addicted to these videos playing in the background this guy is hilarious he has won me over mind body and spirit. Discus this hilarious and glorious man and post his best videos. watch that shit. HAH. HAHAHAH. HAH. i like...

11
+2Question: anybody know what is all-in comp for an MD at a boutique like Union Square Advisors?

casinoguy

Thanks all. I am considering jumping to an elite boutique to be an <abbr title="mergers and acquisitions">M&A</abbr> banker where I will be in charge of selling companies in a various segment. Wondering how much one of these bankers gets paid. Think Union Square...

6
+2Summer Valuations Intern CRE?

The606

I just got an offer from a large <abbr title="commercial real estate">CRE</abbr> (think JLL, CBRE, Cushman). for its Valuations dep. What can I expect to be working and how and what should I prep for? I bought some real estate modeling courses online what else can I do?

5
+2HARD TAKES

anonmises

Have a long night ahead and could use a distraction every hour or so What is your hardest take... on anything. I'm talking hardest take possible. Fire away

7
+2So how much abuse is too much?

earthwalker7

Quick question .... how much abuse do you guys think is too much? Where would you draw the line? Not being a snowflake here -worked in finance a long time, so I know people's behavior can be poor and it's accepted industry-wide. And of course, coming in to finance, there's...

1
+2What the heck is going on with Tesla?

Iguler

What do you think about the future of Tesla? With news changing and headlines on a daily basis, are you seeing a future for this company? Time and time again Tesla has been making headlines on every news story, and while many believe no publicity is bad publicity, in this case I have to...

4
+2What does "print red" or "print black" mean

Gordon_C

I have come across this quite often but don't wanna ask in the office. There are questions that are stupid although we all say there isn't. What does "print red" or "print black" mean when issuing a securitization say <abbr title="commercial real...

2
+2Best Memories on Wall Street

JJ123456

Any stories worth sharing about your favorite memories on wall street. Curious to hear what anybody has to say

3
+2Frankfurt M&A Market

x0r34m

I am considering <abbr title="bulge bracket">BB</abbr>/<abbr title="elite boutique">EB</abbr> options for Frankfurt <abbr title="mergers and acquisitions">M&A</abbr> and was curios if experienced industry veterans could give...

2
+2WM Internships

mrintern

Which types of skills from wealth management jobs/internships can be leveraged for other finance paths? Not that I have little interest in this career, however I think this is something that I would prefer to pursue as a career change further into my professional life after working in other...

1
+2Barclays After the Bell?

js656

It is a networking event with members of Barclays' equities division in <abbr title="New York City">NYC</abbr>. Have not looked too much into Barclays equities, so I thought it would be a good learning experience. Has anyone been to the event or have any insight on the...

2
+1SVB Leerink's 2020 SA NYC Superday Results

354231

Has anyone heard back from last Friday's Superday for Leerink's SF/<abbr title="New York City">NYC</abbr> Offices? I was told by a member of the firm that results would be sent out within a week of the interview. However, I have heard that return offers are...

7
+1Beginning Synergies Analysis

jerepi

Hello everyone. I need some help interpreting this Synergies Analysis for a presentation. It is a breakdown of the retail division's contribution to a merger. Is this just basically saying they will achieve a full synergy of 300MM in year 3? I can't really see how the final synergies...

1
+1suspended after finishing SA internship

pinestreet01

I did a <abbr title="summer analyst intern">SA</abbr> internship and got a <abbr title="full time">FT</abbr> offer, but got a disciplinary suspension from school (this will be noted on transcript) which changed my graduation timeline. Disclosed it to...

4
+1[Entry level]UBS client advisor assistant or P&G assistant brand manager?

loststar

I have 2 offers from UBS and P&G, which are actually very different in terms of work nature and prospects. The position in UBS is client advisor assistant which mainly assists client advisor in daily operation and relationship management. Assistant brand manager in P&G will be assigned a...

1
+1Lazard MM vs Guggenheim

Step2

Hi all, just wanted to try and get a consensus behind this dilemma. I know rankings are pointless to a degree, but hey, multiple opinions are better than one. I'm trying to gauge between <abbr title="summer analyst intern">SA</abbr> offers for these two positions. I...

5
+1Situs for CMBS

Forex Swings

Hey guys, there isn't much on the company as a whole on this site, what is there is a little dated. From what I understand, Situs is used to outsource grunt work or "consult" with to get off the book employees in the CMBS/underwriting space. My questions, for someone that has...

2
+1Acquisitions -> Lending -> Acquisitions?

Leverup13

Hello, Started my real estate career working on the acquisitions team at a large pension fund. Although I am gaining exposure to a lot of deals, I am looking for a little more hands on experience in sourcing and underwriting transactions as a lot of the modeling/underwriting of our equity...

2
+1usc vs northeastern

lovekdramas

Hey guys! I need some information on a few things. I would like to know how difficult the Marshall program at USC is and if I can transfer from Dornsife to Marshall before fall 2019. If not, how hard is internal transfer from Dornsife to Marshall. I also heard about grade deflation in the...

1
+1Help! UVA vs. OSU

Throwaway123447

Hi. I want a job in finance, but I am not sure what specific job. I was admitted to UVA and Ohio State and I was wondering which one to choose. I would be able to attend Ohio State for free, but I would be 71k in debt if I went to UVA. Where should I go? Thanks.

3
+1Raymond James Recruiting Timeline

Monolith61

I was wondering if anyone had any insight into Raymond James' recruiting timeline. I am looking to apply for their 2020 summer analyst class. Thanks in advance.

2
+1HL Restructuring 2020

johnsilvers1234

Has anyone received an interview from Houlihan this year--the restructuring group? I go to a target but have not heard much

5
+1Breaking in after undergraduate: How?

kolmegumli

Alot of the networking content on this site is focused on how undergrads can break in, and not so much on how a working professional (let's say 1-2 years out of school) can, which is a completely different game. About myself, spent almost 2 years doing TS at a Big 4 then moving over to a...

1
+1Best out of these Colleges for Investment Banking

danldesr

I am looking at these schools for investment banking: University of Notre Dame, Stanford University, University of North Carolina, Chapel Hill, University of Florida, University of Michigan, University of Virginia, Harvard University, University of Pennsylvania, Columbia University, University...

2
+1What are some of the underrated banks that don't get talked about?

TheYoungWolf

<abbr title="Wall Street Oasis">WSO</abbr> obsesses about the <abbr title="bulge brackets">BBs</abbr> and same boutiques like Lazard and Moelis over and over again. For the students that miss out on the top well-known banks, what are some strong...

2
+1PwC Management Consulting or Barclays IB?

confusedsophomore

Hi all, trying to decide which internship to go with for the summer. Interested in consulting and want to do <abbr title="McKinsey, Bain and BCG">MBB</abbr> (McKinsey, Bain, BCG) in the future and not sure which internship is best. I like consulting better but still a...

5
+1Tech buyout help

Holdthedoor

Could someone provide a brief description of what makes a solid tech buyout candidate and what the process is like from the view of a Growth Equity investor? Perhaps provide an example of a previous deal? Trying to get up to speed for an interview with a hybrid (minority/majority) model.

3
+1Last part of Investment Banking Resume?

enterprisevalued26

What do you think looks better as the last part of my resume? I don't have any experience in investment banking but am trying to break in. I feel like the first example shows that I am well rounded but the second example is direct experience. Please let me know what you think. ...

1
+1Transaction Agency Question

Alex.wallace789

California broker here. I am sure many other brokers here have been in similar situations so I’d appreciate any feedback or advice... - I am the landlord rep at a building - I have been working with a potential tenant for the space for a while - I have provided the tenant a reasonable...

1
+1Imperial vs UCL vs Trinity vs Cass

AlmostAMaster

Hi everyone, I am seeking some advice. I was fortunate enough to get offers from all 4 places but need to make a deposit within the next 3 weeks to secure a spot in one of them. The programs that I got accepted into are: MSc Finance at UCL MSc Finance at Trinity College Dublin MSc...

4
+1I can't land an interview - can someone critique my resume?

jaanders

I've recently redone my resume. I'm trying to get into an advanced finance role (trading, investment banking, <abbr title="mergers and acquisitions">M&A</abbr>, consulting, private equity, asset management, hedge fund, etc), but nothing is really sticking. ...

5
+1Putting an internship on a resume that you haven't started yet

krispee

I'm a current sophomore and I have an internship at a boutique in <abbr title="New York City">NYC</abbr> this summer. I know it might sound dumb to put an internship on my resume that hasn't even started yet, but I'm at a non-target and with <abbr...

2
+1Placement for FT BB

TomTheBanker

Just received email about flying to the office for the <abbr title="full time">FT</abbr> Placement Super day next week. Has anyone else done this before? What groups are highly regarded in <abbr title="bulge bracket">BB</abbr> <abbr title="New...

2
+1Health / Medical Screening

georgiatech

Background: soon starting my first gig at a large financial institution. As part of their screening process, they require me to disclose all health-relevant information (physical, mental, allergies etc.). My question is, whether I should to disclose all these things (e.g. going to the doctor in...

1
+1Ever feel like morals, ethics, or being a prude holds you back in life?

ASC_842

I came up with a few business ideas but they all seem to promote unethical activities. I found a good market for legitimate businesses that can make bank through shady shit but I kinda don't want to support it. I feel like this is really going to hold me back from making mad $$$. Not all of...

2
+1Podcasts relating to banking

MarkBaumClone

What are some of your favorite podcasts that you all listen to relating to business, finance, banking, etc?

2
+1Entering M7 at 33

jkap

I will be entering an <abbr title="Top 7 MBA business schools">M7</abbr> full-time <abbr title="Masters in Business Administration">MBA</abbr> program this fall just after turning 33. When I graduate, I will be 35. I come from an architectural...

3
+1Best Movie Monologues

LongLTCM

The scene that made you realize you were a deal-closer, those monologues that make you want to sell everything you own, and move to a 50-acre ranch in Texas, or the moment that you realized that your entire life you are making decisions based on the balancing of societal implications of your...

1
+1Horsebit Loafers Jingle

baseballdad

Just got a pair of horsebit loafers...the bit on the right loafer is a bit loose and slightly jingles when I walk. Is this normal? If so it seems rather strange that any junior could wear a shoe that makes audible noise...

1
+1RBC Tech Group in SF

Andrew12345

Hey Guys, I have a 1st round coming up with <abbr title="Royal Bank of Canada">RBC</abbr> in SF for their Tech Group. I was curious if anyone has any specific insight into their firm that could help develop a "Why RBC?" response. I, of course, am reaching out...

0
+1Post-MBA FT Associate Signing Bonus Payout Date?

leadlefttackle2013

Interned summer of 2018, secured the <abbr title="full time">FT</abbr> offer, and begin training for a <abbr title="bulge bracket">BB</abbr> in July 2019. Searching previous threads yielded mostly analyst signing bonuses with little data on <abbr...

1
+1Move from back office to middle office to front office

aconcernedguy

Hi everyone, I would love to get some input from the more experienced users around here. So first, my background: 23 years old with a Bachelor's degree from a non-target university in a small Eastern European country, have a year-long internship in the Financial Advisory department of...

1
+1Promotion or NYC?

Maximum Leverage

To keep it short, I am currently in Corporate Banking and have been afforded the opportunity to either accept an early promotion in the Tier 2 City I currently reside in (think Chicago/Toronto/Boston), or an equal position in <abbr title="New York City">NYC</abbr>. Is...

13
+1Is it worth going to study an Msc finance with no work experience in finance?

Jeng212

I am looking to study an msc finance in order to switch from my current career to one within finace. I have an engineering masters and work in O&G. This past year I have applied to countless jobs to no avail. I have been wanting to study an msc finance for some time as I believe it will give...

0
+1Citi IB Groups / Exit Opps

overlylevered

This has been on prior threads but I was wondering what the current state of Citi <abbr title="investment banking">IB</abbr> groups was. I am interested in M&T primarily, which I believe has performed well recently, as well as CR and Sponsors. Also was wondering how...

1