Silver BananaTopicReplies
+2Investment Banking Bonuses 2018 Anybody have any input on bonuses for analysts this year (2018)? Please include: Analyst Level (1, 2, or 3): Coverage or Product Group: Base: Bonus: ...2
+4UK Master in Finance AdviceHi all, I am a penultimate year Business Management student at a semi-target university in the United Kingdom (think Warwick, Bath, Durham). I am currently doing an industrial placement (12 months) in the Asset Management division of a BB in London. I will be applying to the below schools for...21
+14What cities will be the top places to live in the next 5-10 years?It seems as though many people are fleeing California because of soaring rent increases, weak infrastructure/high traffic, high taxes, and lack of water. Where will the top places to live and develop real estate be in the next 5-10 years? It seems as if the best places would be business friendly...67
+1MBA vs MSRE executive programs - worth it in my case?Hi all, I am 33 years old and have been in commercial real estate for the last 10 years. I went to a non-target school and got a bachelors in Finance with a concentration in Real Estate. I own my own boutique full service brokerage company that is profitable , though small with only 5 employe...3
0When are Goldman SuperdaysWhen are Goldman Sachs super days typically? Due to coop program scheduling, I need to have accepted an offer before May, but that is also when some super days have been held. If you apply early do you get an earlier super day? Thanks...0
+4Elon Musk. Love or Hate?As the title says, you either love this guy or hate him. To me, he’s gotta be the funniest/cheekiest CEO of our time. The amount of cheeky, snide comments he makes is just hilarious and he ends up roasting interviewers through his sheer intellect. Some people think this is D-bag behaviour, but I f...26
0Audit --> Corporate Acct --> Corporate FP&A OR Big4 FDD --> MBAI have a specific question for my current situation and would be curious to hear what people think: I had ~2.5yrs Big 4 audit experience and then left for a corporate accounting role in the healthcare technology industry. The company is public but still small enough that I wound up splitting time...3
0I completely messed up a case study!!!I completely messed up a case study! I was given a take-home LBO case study for an FT position with a MM bank I am applying for. Is there a chance I can still move further or should I throw in the towel? The next step is going into the office to meet MD and VP's....10
0Please tear apart my resume - 3rd Year AnalystI'm 2/3 of the way through my FLDP and am looking at other very select opportunities. I havent updated my resume since college so all my FT experience is new here. Please tear it apart. Any advice is much appreciated.. just trying to gauge how this will be viewed by a 3rd party....0
0Things the interviewer said...I interviewed for a lateral hire at a top management consulting company...I've been working at a different industry for a long time... The way you approached the case interview was novel and unique Your thought process has a competitive edge Are you really sure you want this job? What other ca...0
+16Accepted to HBS 2+2: AMAJust graduated college and was fortunate to be accepted to the 2+2 program at HBS. When I was going through the application process there was a noticeable lack of business school info on WSO geared towards college seniors, so I figured I'd do an AMA to help future monkeys. Some basic info on my ...46
+6Is this a crazy idea to help land a job?I'm currently in process of trying to land a new job. So far I haven't had much luck but I know it is because I've just been applying to online applications via LinkedIn, Select Leaders, etc. After reading advice throughout the forums I know I need to network more and be more aggressive. Additio...14
+462019 Goldman Sachs IBD Summer AnalystI don't think there's already a forum on Goldman's 2019 IBD Summer Analyst recruiting process, so figured I'd start one. Please share insights/questions below! Is anyone else recruiting through the accelerated timeline? UPDATE: HireVues were sent out on Friday, Apr. 20th for Early Action timeline...708
02-hour modelling test - sector specific?I was asked to come in for a 2-hour test. Based on previous forums I am assuming it will be a model update + written component. In your experience, was the modelling sector specific? Ie. I am interviewing for FIG but the ratios used to value FIG companies will be completely different than for instan...0
+1Top government agency vs. Deloitte/MBBI am a recent graduate from a school with a top CS program, and I am choosing between government work to start and federal consulting. My major wasn't CS, but I took lots of CS/data science-related courses. I am hoping to choose a path (gov't vs. Deloitte analytics/MBB) that keeps my options open. A...4
+1Best way to find a new tenant for an apartment?Hey guys, so I got this job offer in another city, and I'm looking to break the lease for my current place. The breakup fee is 3 months rent, plus 60 days notice (so essentially on the hook for 5 months). I can get away with the 60 days notice though if I can find another tenant. What are the bes...1
BMO Capital Markets - Interview - Generalist
MUFG - Review - Corporate Banking
0CV - Bullet points formattingHi fellow monkeys, I will be applying to 2019 summer internships (IBD) in London soon. For my most recent internship I do have a 'sub bullet' line. What do you think about it? I am only using it once in my entire CV, is that a deal breaker or should I change it to a normal bullet point? Thanks...0
MUFG - Salary & Bonus - Corporate Banking
CPP Investment Board - Salary & Bonus - Private Equity
CPP Investment Board - Salary & Bonus - Private Equity
+1Would you ever work a for company if your don't like their 10k?Question is simple, would you work for a company if you don't think it is a good investment after their 10k showing all indicator of a disaster waiting to happen (Cash burn, wastage, bad management) even if they pay you well and the benefits is good...3
Goldman Sachs - Review - Securities
+2I have a million dollars in my IBKR account and will get 10 million more next year, how do I successfully create a hedge fund?I'm 19 years old and in a unique situation where me and my friend (his dad is an ultra wealthy Chinese entrepreneur) were given a million dollars to invest and use to create a rudimentary fund management firm. We were told that if we could outperform the market and create a strong foundation for a l...4
Goldman Sachs - Salary & Bonus - Securities
+1Post graduate coursework? Needs to be reported?Took some classes after college. Did well in them but feel like they would detract from my story, as they are unrelated to what my future goals are. Is it necessary to report? Can I get away without reporting them. ...3
JPMorgan Chase - Review - Corporate Finance
JPMorgan Chase - Salary & Bonus - Corporate Finance
+6Hottest Women Of All TimeWho is included in your list of "Hottest Women Of All Time"? **My Picks** (in no particular order) Angelina Jolie Monica Belucci Irina Shayk Adriana Lima Rosie Huntington-Whiteley Kendall Jenner Bella Hadid Emily Ratajkowski Viki Odintcova Megan Fox ...30
+9Join the Email & WhatsApp groups for your city Join the email list for your city to receive updates on future WSO events in your city. When signing up you will also receive a welcome email with a link to join your city's WhatsApp group. We created these WhatsApp groups with the goal of making it easier for WSO members to organize events / happy ...68
+441Dumbest thing you've said in an interviewCurious 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 *"I see wrestling...258
+6Point 72 Academy 2019 Recruiting Hello everyone, Just trying to get a feel for Point 72's Academy 2019 recruitment process. I submitted my resume and got Hirevue a day later. After completing the Hirevue I was then invited to an "exclusive summer networking night" at Point 72's office in NYC. The invitation said the event w...84
+26Nomura ReputationWhy does Nomura get so much shit on WSO? I don't have any personal biases for or against the firm, but it seems to me that their only downfall is the deal flow (which is a problem at a lot of other lower tier banks). ...49
0Large hedge funds with few employeesHello, I was looking at a hedge fund recently with fewer than 10 employees. It manages over 600m. It has grown a lot recently. So they may have some hiring. Are there examples of other large hedge funds with few people. What mostly contributes to the employee size? Is it certain strat or funds that...0
+1Is Claremont Mckenna considered a target school or at least a semi-target?I've been admitted to claremont mckenna recently but I've been hearing mixed things either it is really good or it isn't. So I wanna know what most people think of CMC...2
+1Should I study operations engineering with a concentration in Financial Engineering at undergraduate level at Columbia?Hey, so in one of the colleges I got into, Claremont McKenna, I can do a 3/2 programme where I study economics at CMC for 3 years and then going to Columbia for 2 years to get a BS from the engineering department. Do you think studying operations research with a concentration in financial engineerin...2
+17How Do Hedge Fund "Geniuses" Einhorn and Ackman Still Have Any AUM? So hedge fund "genius" David Einhorn is down 18 percent this year, even though the S&P is up 5 percent. Last year, his fund gained 2 percent while the S&P gained 22 percent. He slightly underperformed the m...44
Peter J Solomon Company - Salary & Bonus - Investment Banking
02019 Summer Analyst ProgramAre there any places in the U.S. that are still open to apply for the summer 2019 internship? Thanks for the help....0
Peter J Solomon Company - Salary & Bonus - Investment Banking
+1Is this a possible "Golden Ticket"? How do I use this referral?I am a raising senior who interned at an economic consultancy this summer. The internship program is known to not give return offers. Knowing this, I ended up doing a project for a global partner. We got coffee several times, and got along great. He complimented me on the deliverable and ended u...1
+13MSF or MBA for my experience level?Long story short, I didn't get the exact job I wanted out of college (non-target private school in northeast) and am working on the product rather than securities side in fixed income. I want to transition to a capital markets or trading, or research role where I can interact more with the actual se...31
Bank of America Merrill Lynch - Review - Investment Banking
Bank of America Merrill Lynch - Salary & Bonus - Investment Banking
+3thoughts on PIMCO?- What is their reputation like in the street? - What is the exit opp like if one decides to pursue ibanking? would it be helpful at all coming from the buy side? or is it irrelevant?...132
Bank of America Merrill Lynch - Review - Mergers and Acquisitions
Bank of America Merrill Lynch - Salary & Bonus - Mergers and Acquisitions
+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
+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
+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
Boston Consulting Group (BCG) - Review - Generalist
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
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
+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
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
+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
+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
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
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