Silver BananaTopicReplies
Bank of America Merrill Lynch - Salary & Bonus - Mergers and Acquisitions
+17JP Morgan HireVue Actual Interview Questions for Online Interview Just completed the HireVue for JP Morgan IB- FT Role. 7 questions, 30 second preparation, 3 min to record your answer. Interview Questions for JPM HireVue Interview Questions will vary based on the position. You can expect some of the following questions: Why are you a good fit for this positi...48
0caia level 1 examHey Any one currently studying for caia level 1 exam? how does it go? Any one schedule for Sep exam?...0
+2Moelis Houston FT recruitingHey guys, any one has some insights about Moelis Houston's interview process? Curious to know what the scope of interview will be and also any insight about the culture, deal flow, etc....2
+3Back office to IB analyst attemptsI have been in my current role with a BB BO role for a year and five months and interned junior to senior year. I knew I wanted either ib or research around the time of my internship but did not secure either after having one full time ib analyst interview on campus. In the past few months I have ha...6
Centerview Partners - Interview - Investment Banking
Bank of America Merrill Lynch - Salary & Bonus - Mergers and Acquisitions
+26Summer Analyst Hours at BB/EBWhat hours should someone expect as a summer analyst at a BB or EB. I obviously know that a FT analyst can expect 80+ per week, but is that the same for a SA? Mod Note (Andy): Don't miss the most upvoted comments below: Top comment 1, Top comment 2. ...72
+5Brown vs UChicago for undergrad?I'm just a lower middle class kid in the Midwest. I'm not super smart, I'm lucky plus a lot of chutzpah, I guess. Where should I go? The challenge of Chicago sounds alluring, but I know I can't hang with any kids there, so will I be treated like an idiot ... or will intensity actually force me to gr...24
0How to move on from Commercial Banking?Hope I'm posting in the right place. I've recently rolled off a grad program in the Commercial/Corporate Banking of a MM bank. They really like me but there's not much they can offer me in terms of career progression that would teach me more complex technical skills/modelling. Basically, I don't ...0
NASDAQ OMX Group - Interview - N/A
PwC PricewaterhouseCoopers - Review - Generalist
Jane Street Capital - Interview - N/A
0Best I-Banks in Toronto for Analyst Entering Second YearI've been working at a big five bank in Toronto for the past year. Sector is good, but the group barely executes. I'm getting sick of working on pitch after pitch and have it go nowhere. What's worse is that the other analyst who started with me summered in the group and got an opportunity to work o...0
Credit Suisse - Salary & Bonus - Investment Banking
+5Ever busted for sneaking out early on Friday? It's Friday. Summer. None of you wanna be there at work. What's the protocol for sneaking out a little early on a summer Friday, maybe right after lunch? If the boss is gone, is it doable? Or just too damn risky? ...25
+1Morgan Stanley 2019 London Earlybird Full Time Investment Banking AnalystHas anybody applied to the application for this opportunity? Pretty interested in working in the UK (US student from target school)...3
+1MS London Earlybird Programhi guys have you got any feedback or updates for Morgan Stanley Earlybird Program for any position??? Do you know when candidates will receive telephone interview AC invitations or HireVue interview invitations? Thanks!!!!! ...4
+29Breaking into buy-side equity research - my experienceThis 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 expe...60
Boston Consulting Group (BCG) - Review - Generalist
+1Do I have a shot at scoring an interview with a top CRE firm?* I'm a 28yo UG senior @ UC Berkeley * Expected graduation date: May, 2019 * Major: Urban Studies (City Planning) * Silently emphasizing in Econ (Int. Micro/Macro, Urban, and a Graduate course: Land Use Controls) * Relevant work experience before transferring to Cal: Three years as a residentia...3
Boston Consulting Group (BCG) - Salary & Bonus - Generalist
+6Best "Performance" Dress ShirtJuly in Texas has me actually succumbing to the marketing power of the bro-startup companies that are hawking sweat-wicking dress shirts. I've occasionally seen users mention mizzen+main, twillory, state and liberty, etc. I don't trust the reviews of these things on their websites, and if you tr...33
+2Assistant Project ManagerI've recently been offered a position as an assistant project manager at a smaller MF development company. I've currently worked in investment sales for 1 year at Marcus & Millichap and have decided to pursue opportunities within the development sector of the industry. Development is much more fasci...3
+3If you could go back...... What would you do differently?Just like the title states.... If you could go back to your first day in real estate knowing what you know today, what would you do differently? I am curious to hear how and why you would do things differently....13
0selling series 7 and 63 materialshi all - let me know if anyone is interested in buying my series 7 or 63 books and materials? They are from knopman. Must be willing to meet in manhattan.. Please PM me. ...0
0Lying About Passing CFA L2 on the First Try?So I was interviewing for a HF research role and the interviewer asked if I passed the all levels of the CFA on the first try. For whatever reason, I quickly answered yes, even though I failed L2 once. I immediately felt awful for the lie, but I held my composure like Nixon in the first half of the ...0
+26BAML 2019 SA Megathread Hey! I haven't seen a megathread for BAML 2019 SA yet, so here it is. BAML applications open July 1st. Post here if you have any updates! ...233
+3Career advice: ideal role for becoming a GPhi guys, seeking some career advice from some more experienced folks on here. i'm currently working for a fairly reputable PE firm doing AM - angelo gordon/cerberus/och ziff size/level firm. i enjoy the work we do - although we're usually the capital partner in deals, we are largely pretty hands on ...9
+1Superday preparation I have my first superday coming up next week I was speaking with an analyst who told me she didn't learn about her superday until 2 days before. In general how much do people prep before a superday? I woke up today and didn't drink coffee and I slept for the entire day....3
Bank of America Merrill Lynch - Review - Investment Banking
+1WSO DC Meet up: Tue Aug 14th, 7pm, Vapianos (18+)Join us at after work for drinks and socializing This is an 18+ venue. Please Add to your calendar The Venue: -Vapianos at 1800 M St NW, Washington, DC 20036 How to find the group: -The event host is Farzin -Make sure to join the DC Whatsapp group (link below) for updates about where the grou...1
Bank of America Merrill Lynch - Salary & Bonus - Investment Banking
+2how is oppenheimer?How is IB at Oppenheimer? I know it's not the greatest, but wondering if it would still be a good place to work with decent exits? This is for Full-time, not internship...6
+2Which full time offer: JPM Corporate Client Banking or Oliver Wyman Consulting?Hey all, I am looking for some advice here. I received a fulltime offer from JPM's Corporate Client Banking team. This team works a lot with the lev fin team in the IB, therefore the majority of the work is IB rather than commercial banking. CCBSI is a front office role, but technically it isn't ...2
+1FICC sales trading deskBasically, I am trying to understand what are the key requirements to join a FICC Sales/Trading desk at a large IB. How hard is it? In particular, how hard would it be to get the job if you are NOT a young grad, already with some year or experience? Would a BSc in business, a MSc in Finance, ...1
+5Credit Suisse 2019 SA MegathreadFigured that some of the BB's already have their threads but not CS. Post any updates that you guys have about Credit Suisse's recruiting timeline (especially NY)!...26
Moody's Analytics Knowledge Services - Review - ERS - Enterprise Risk Services
Moody's Analytics Knowledge Services - Salary & Bonus - ERS - Enterprise Risk Services
+1Tax DepreciationHi all, Struggling with answering the following: You buy an asset for 100, operationally it is depreciated over 10 years but tax wise over 5 years, how does the Balance Sheet look like after 3 and after 7 years? Keeping in mind Accrued Losses Thanks for the help ...1
+49Craziest Travel StoryI 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 WSO for some of your own. Can be anything from a weird or funny adventure to just an awesome experience. I'll get the ball rolling with one of my f...65
+2Just started at a TMT M&A boutique - Exit Opps?I've recently joined a boutique focusing on the TMT sectors straight out of college. The team is tiny (7 people in total) and is run by a veteran in the TMT and M&A sector. Team is overall good, hours and pay are pretty good, but I have some reservations regarding my own personal exit opportunities....8
+1Question About Cashflow statementHey WSO, in this excel file I've been having trouble learning why would yo...4
Boston Consulting Group (BCG) - Review - Generalist
Boston Consulting Group (BCG) - Salary & Bonus - Generalist
+6Crypto Here To Stay?Okay so the huge craze and hype over bitcoin and its counterparts are long over, last year seeing the price tumble to the dark depths of oblivion. Do you guys think that bitcoin will actually have a place in society as a payment means other than for drugs and illegal shit etc... CFA level 1 and 2 ha...28
0Red Bull vs Caffeine Pills vs Coffeethoughts?...29
+3What would be a good second major to Mathematics for IB?Hey there, I am a math major currently considering a double major. I am considering finance and economics, but I was wondering what would be other good options? Thanks...11
+13I just bought a new Maserati. Suddenly everyone on the road hates me.So after picking it up this weekend and putting ~300 miles on the car, I am rather surprised at the amount of (negative) attention this thing gets. My old car was actually more expensive when new, but it was "just" a Mercedes. It was red. My new car is white. I'm the same person. I go to t...42
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+3Wall str lacks DIVERSITY.I have absolutely no words for this... I am writing this while I have just found out that my application for 2021 summer analyst program at THE GOLD MAN SAHCS has been DENIED. My cover letter had EVERYTHING: I made an EXCEPTIONAL analysis of the current state of bitcoins. Suggested improvement...10
0Analyzing Options Trading Data, What should I look for?Hello, I have access to daily excel spreadsheets going back ~3 years which include: Daily Trade data (majority is options, some equity) ~30-100 trades per day Daily cash balance Daily account balance Daily price data It's extremely messy, I've been spending the past week trying to clean it...0
0Top Investment Banks in Each Industry 2018I have not seen a comprehensive list of the top banks for each industry. So many people new to the banking industry have this "GS is king" mentality without realizing that GS is outclassed in many industries. I think it would be really helpful to have one thread that lists the top 3-5 banks in each ...0
0Cerberus culture/work environment (NYC)Can anyone provide insight into this subject? How crazy are the hours? Dress code? Flex work schedules or telecommuting? How does pay compare to other firms (PE, BB, HF)? Thx!...35
+2Tech bubbleSo what's the latest in regards to the so called "tech bubble"? I've been hearing about it for a while now, but mostly conflicting reports. Has silicon valley been slowing down? Is the tech industry dying or is the industry bubble expected to burst? Any thoughts on this? Links and sources would b...9
+1Bizarre Apology Emailed to Every Employee in RegionWorking in a F200 firm's wealth management division this summer. Our office is part of a group that has five offices across SoCal, ~450 advisors, support/staff, etc across the group. This morning, *everybody* got this strange and dramatic email from one of the advisors. We all read it and said, "...2
+1JP Morgan Commercial Real Estate HireVue QuestionsDoes anyone who has done this yet remember the questions asked? I know the banking ones are up here somewhere but I haven't been able to find the real estate ones anywhere. ...1
+4How does inflation affect the DCF Value?So I was asked this in a recent interview, and while I mentioned the factors (Unlevered FCF will increase because revenue, COGS increases) and the discount rate is affected because the cost of debt factors in inflation through the risk-free rate (not sure about this, and does cost of equity get affe...20
0Some questions regarding internships?Hey monkeys, I am starting an Economics and Business course at WU Vienna this October. As IB internships are pretty much non-existent in Vienna, I will most likely have to go to Frankfurt or Zurich for experience. Is it possible to do any kind of relevant internship in those two cities during t...0
Deloitte - Salary & Bonus - Audit
+2Do Bankers Get Pissed When Their Analyst Rates Stock a "Sell?"Just read that an analyst at Goldman rated Intel a sell. I know back in the good ol' fraudulent days, analysts like Henry Blodget and (maybe) Mary Meeker got caught touting stocks publicly, while...3
0Cerberus Capital Management: advancement, b-school, other opportunities I would like to hear thoughts on Cerberus Capital Management. I know they are both a hedge fund and LBO firm, but could you provide more specifics as to reputation compared to other large hedge funds and LBO shops out there? How about culture (specifically within the LBO group)? How is it as a pl...32
+72019 Investment Banking Full Time Recruiting - Do I Have a Chance?I'm a non-traditional student, attending a non-target school, with a GPA of 3.49. I participated in some SA interviews this past season with JPMorgan, CITI, BoA, and Goldman, along with some smaller regional banks, but unfortunately nothing came of any of them. The only option I see from here is to ...21
Blackstone Group - Interview - Financial Sponsors
0Healthcare Boutique FirmsWhat are some strong boutique banks that are focused primarily on the healthcare industry? Ziegler, Cain Brothers, and MTS Health Partners come to mind, but does anyone know of others? Ideally, I'm looking for banks that have over 30 employees. Thanks....4
+30Lmao TeslaSo 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 trading ...98
PricewaterhouseCoopers - Interview - Real Estate
+1Investment PitchOver the last 3 years I have developed a systematic L/S strategy that has continuously generated alpha and is ready to put into production at an institutional level. Strategy is both scalable and repeatable. It is a relative value strategy that also incorporates options to exploit small but more cer...1
+5What should be the new name for Papa John's?The legacy of this brand is tainted by Mr. John's unretractable remarks. His [statement caused sales to fall 10% in July]( I can't see a future where the name remains as is now that ...15
+1How Important is Learning How to Code?Inspired by a [post]( I made yesterday where I received some advice to learn coding. So how many monkeys understand coding? Was it helpful in your career? How did you learn (compsci courses, coding bootcamp...1
Mizuho SecuritiesMizuho Securities Co., Ltd. is a Japanese investment banking and securities firm. It is a subsidiary of Mizuho Corporate Bank, Ltd., which is a wholly owned subsidiary of Mizuho Financial Group....
+29J.P. Morgan 2019 IBD Video InterviewHi guys, sophomore at non-target here. I submitted my app for JP Morgan IBD 2019 yesterday and just got invited to do a video interview. Anyone else get the video interview? Also, will there be another phone interview after this or straight to superday? Any insight or advice is appreciated. ...305
+2HELP! BCG and Bain fulltime Associate Consultant offers (Toronto), which one should i take?Hi All, I've got offers from both BCG and Bain offices in Toronto for 2019 full-time start. Which one should I take and why? Please also compare on the options of leaving to PE after two years or getting a sponsored MBA > staying at the firm for a bit > startup / F-500 exit / long-term consult...7
+1Quantitative Algorithmic Trader CompaniesDoes anyone know which hedge fund companies in Los Angeles hire Quantitative Algorithmic Traders? Also- is there an employment agency that can help?...2
PNC Financial Services - Review - Other
+9Have you ever been in a fight?If so, what happened? And did you learn anything (how much can you know about yourself if you've never been in a fight)?...30
+120 Years Old, Two years experience investing my own moneyI'm Alexander. I started with the stock market by trying to learn what options were. However, I had to learn the basics first. I started my first year learning about all the quirks of the market, what each ratio means, how the ratios are calculated, balance sheet, income statement, etc. It was a...2
+3Brand names on shirts?Are brands like Ralph Lauren and Vineyard vines fine for an IB job or does one need to have shirts without logos?...12
+6Best way to learn PE relevant finance: I've done modeling practice, but it's going over my headThis is an earnest appeal for advice on getting my finance chops up to speed as I am trying to make up for past laziness and learn what I need to to get out of the hell that is consulting and into finance. Because I have 1y of PE DD for MM/MF under my belt, I have judged that entering MM PE is my be...50
+1Co-Working in Malls I have no idea what the benefit to this is and the mindset of this. Thoughts?...2
+5Most hated people in finance?Who are some of the most looked down upon people ever in this industry? Martin Shkreli immediately comes to mind, but who else?...12
0Bad interview with a headhunter?Had a bad interview with a headhunter, should I be concerned? It was bad meaning I was told I was being too abrasive and essentially got chewed out for being so. Thoughts?...0
+2Corporate Development Perspective: Deal Frequency vs Deal Size?? Hi all! In an effort to keep this as brief as possible, I wanted to get opinions on Corporate Development roles with a particular focus on the transactional functions of said roles. If possible, I'd love insight from individuals who've had experience in Investment Banking, Private Equity & CD. In sh...12
BluePrint Research GroupBoutique Strategic Consulting Group...
PricewaterhouseCoopers - Review - Tax
Lazard - Review - Generalist
PricewaterhouseCoopers - Salary & Bonus - Tax
+10Compensation at oil majors and physical houses for traffic desk and tradersWas wondering what one would expect to be paid on the traffic desk at a supermajor oil firm and at a physical trading house such as Vitol, Glencore, Trafi on any product desk. Also, I know it varies quite a bit but what would a junior trader earn in salary and bonus at either the supermajors or p...30
Lazard - Salary & Bonus - Generalist
+18What is the longest amount of hours you have worked in a week?What are the longest amount of hours you guys have worked in one week. What was it like after you had finished that week or that task....73
+2Why are you good for X remembering last year's failureSo last year I went to this bank and had a pretty bad interview and was obviously rejected. I think i have very much improved this year and want to try it again. Do you think I could say something along the line of: last year I tried and failed, this year i have improved very much and would love to ...10
+1Need a virtual data room...Best Value?I was chosen to head up a small cap deal, and we are in the beginning of the execution phase. I've done some research but it takes a lot of time to call all these different sites to get quotes, and I've got ridiculous amounts of work to do. Some are superior to others, but those are usually very p...46
+1Surf ThreadI have noticed in another thread that some of the monkeys here are avid surfers, so I thought why not make a surf thread? While I would consider myself a bloody beginner (just did some surfing during an exchange semester in Cape Town and trip to Indonesia), I kind of fell in love with it and plan...4
+11Funniest Work Experiences/StoriesWhat's up guys, just wanted to start a thread with some funny work stories to hear about. Should be plenty with the crazy industry we work in. Don't hold back, lets hear em! ...16
PNC Financial Services - Salary & Bonus - Other
+22Intern asks for 2 weeks of vacation time?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. I to...35
+6Wells Fargo Summer 2019Has anyone had a phone interview with WF for IBD yet? I'm assuming it will be 50% fit and 50% technical. Is this what others have experienced? Also just a general thread for Wells Fargo IBD....65
0Trump doubles tarrifs on metal imports from Turkey Discuss...0
+2Canada or Australia, Where should I go to study to end up in equity research/fund management?Hi all! I am an Asian student majoring in economics. I am in my final year of undergrad and successfully cleared CFA level 1. I want to begin my career in investment research/asset management/ fundamental equity research. I don't have preference for buyside or sell side at the beginning but want ...7