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+5Moving Upstream in PE


Moving upstream in <abbr title="private equity">PE</abbr> is notoriously challenging and I would greatly appreciate some advice from the community. I am currently working in a very small <abbr title="private equity">PE</abbr> boutique with only...

+5Have any of you changed since doing finance or going to an Ivy League school?


Okay so I grew up pretty wealthy in the midwest. I used to be a person who treated everyone with respect and was not superficial by any means. However, when I got to college(a target ivy), I noticed a change when I started hanging out with students who were quote on quote, "fuck you...

+4The future of capitalism and high finance jobs


In a stunning article makes the point through research that democracies and capitalism as a whole is losing out to the authoritarian governments. What do you think is the future of global...

M&A Corporate Development from a Non-Target UniversityAll Pods
Webinar: "My experience as an analyst at Goldman Sachs" -- 9pm ET, 7/8/19All Events
Recently Active TopicsReplies
0Bank of america Sh!ts the bed... AGAIN


" <span class='keyword_link'><a href="/company/bank-of-america-merrill-lynch">BofA to defer</a></span> bonus payments By Greg Farrell in New York Published: January 28 2009 16:30 | Last updated: January 28 2009 21:37 <span...

0Deal Flows?


A quick question to those first-year analysts (class of 08) in i-banking.. How does a deal flow look like? I'm desperate now having worked and closed only one deal in the past 5 months. I know <span class='keyword_link'><a...

0Merrill Commodities


Any thoughts on <span class='keyword_link'><a href="/company/bank-of-america-merrill-lynch">Merrill Commodities based</a></span> in Houston? It seems investment bank's commodity desks are either in Houston or <abbr title="New...

0Dealbook's rather scathing insights on the SEC


[quote=dealbook] Instead of entrusting the S.E.C.’s investigative work to lawyers who dream of working on Wall Street, mix things up by hiring the best of our nation’s out-of-work financial and investigative journalists. [/quote] heh..good point. The link is provided <a...

0Paid internship? What do you think?

alphabeta I came across to this article today and they mentioned this company University of Dreams ( This company claims that we are guaranteed an internship by paying couple thousand bucks. What I found...

0it's the new LSO


0Barclays Capital or Citi?

Big D

If you were given a summer offer to both, which one would you take and why?

0Stub bonus


Anyone know the '08 year-end stub bonuses for the large <abbr title="private equity">PE</abbr> shops for pre-mba associates? All-in comes out to what?

0TradingRM LLC


has anyone ever heard of these guys? i am interviewing with them on monday, and not sure about these guys (head hunter got me interview). the position is as an option trader. they <span class='keyword_link'><a href="/finance-dictionary/trading-overview">do...

0Merrill IBD Summer Analyst Interview


I have a first round phone <span class='keyword_link'><a href="/company/bank-of-america-merrill-lynch">interview with Merrill</a></span> for the <span class='keyword_link'><a...

0ROH and DOW Merger - Question


Quick summary of the situation: DOW agrees to acquire ROH in June 2008 for $78/share (cash), deadline to close was today. DOW fails to close, gets sued by ROH in order to force specific performance. Merger agreement is airtight, no MAE, no option to walk and pay breakup fee, not contingent on...

0Hickey Freeman Bankrupt


Hickey Freeman's parent company has declared bankruptcy. I wasn't aware they were struggling, but hopefully Hickey and Hickey Freeman will stick around, and if not maybe there will be some good sales to...

0Soon to be Ex-BofA CEO?


The Service Employees International Union, in its most aggressive move yet to criticize the finance industry, has called on <span class='keyword_link'><a href="/company/bank-of-america-merrill-lynch">Bank of America</a></span> to remove its chief...

0Free Pearl Necklace?


WSJ posted an add for a FREE pearl necklace worth over $250 with a 25.95 S&H charge. What do you think, good deal? See add below from their website:"/17068/19 "How Do You Spell Pearl Necklace? F-R-E-E. Stauer saves...

0GS 1st Round IBD = Hell!!!


had the 1st round on the phone today. It was terrible! Technical all through. Has any one else interviewed witht them for this coming <span class='keyword_link'><a href="/guide/wso-internship-guide">summer internship</a></span>?

+1Question: how much does McK pay for summer associate?


Anyone has any idea? I have a friend who is heading for the north America interviews with some other options from big <abbr title="investment banks">IBs</abbr> so we would like to have a sense of comparison... Also, if he aims at working at <abbr...

0BoA S&T summer offer ... fishy?


I did a first round interview on-campus, got called today by one of the interviewers, and I <span class='keyword_link'><a href="/guide/wso-internship-guide">received a summer analyst</a></span> offer for the Sales and Trading division. Weird? I asked...

01st round w/


<span class='keyword_link'><a href="/company/barclays-capital">Barclays</a></span>? Has anyone had an on campus interview with Barclays? I heard last year at my school, think (Columbia/UPenn/Cornell/Darmouth), it was one on campus interview and then...

0Morgan Stanley HK IBD SA Offers


Offers, anyoneee??? I heard someone has heard back from them.



Ok... So this dbag is not only not going to his hearings, but instead he's touring talk shows to say how innocent he is. Is he completely crazy? I don't think so, I think he's a very greedy/resourceful guy. He saw an opportunity to get rich off of the Obama appointment, but...

0Interview Questions for Sophomores


For Sophomores yet to take Finance classes what kind of technical questions are to be expected.



We've all seen posts for people asking about email formats. A few investment banks have rolled out new email formats, please see below. Bear Stearns [email protected] or [email protected] Lehman...

0Complaint letter to Richard Branson


If you haven't seen this yet, it's hilarious.<span class='keyword_link'><a href=""...

0Interview Question: Where would you invest today?


A lot of my friends interviewing for i-banks nowadays have been getting this one: Where would you invest $100,000 today? My answer: Some in corporate debt (read a Bloomberg article that some corporate debt is now paying 18% return and not all these firms are going to go out of...

0How's JPM's IB interviews?


I searched and couldn't find a lot of topics on this. Anyone know how the first round on-campus interviews are like for <span class='keyword_link'><a href="/company/jpmorgan-chase"><abbr title="JP Morgan">JP</abbr>...

0Which career would you chose if all jobs paid exactly the same and had the exact same hours at all levels of seniority?12
0Washington University in St. Louis


What is WashU's reputation amongst employees at Wall St firms? Is it considered a prestigious school or not so much? Thanks for the responses

0OCR over. No offers. What now?


So, say I'm a junior at a target, <abbr title="on campus recruiting">OCR</abbr> is over and done with, and I don't have any offers. What do I now? Is there no chance of getting a full-time position after graduation without an internship? Advice? Comments? All...



Any thoughts on <span class='keyword_link'><a href="/company/bnp-paribas">BNP</a></span> Paribas S&T? I know very little about them. How's working there? How good are they at what they do? etc.

0emphasizing networking at superdays


How effective would trying to sell how much networking you gave done with the firm be at superdays? Especially non-target superdays? Does anyone care about networking at that point?

0Anyone hooked up/dated with a stripper?


Went to a strip club last night and thought it about it while getting a lap dance. Wonder what'd it be like. Should be easier than dealing some chick who's still dealing with ex-bf or is asking her bf if she can go to a dance with another guy. Anyone been through this process...

0Question for Ivey HBA Students


I am considering transferring to Ivey, I had a few questions for current students. 1. When transferring into Ivey from another program, how do recruiters (for <span class='keyword_link'><a href="/guide/wso-internship-guide">summer analyst...

+1Private Equity Summer Analyst


Do these positions exist?

+3Bye bye, Thain.


A few moments ago, BofA CEO Ken Lewis (our hero) and Merrill’s former chief John Thain hashed things out in what was referred to as an “emergency meeting”, trying to determine what exactly Thain’s future will be at the new Bank of Merrill, or whatever the hell it’s going to end up...

+1UBS SF Tech group interview SA


Anyone has any ideas about this group, what type of deals they are working on and what type of questions should i expect for a first round, please be specific as much as possible, thank you very much and truly appreciate this guys

0MFP Investors


Anyone know about them? I've gathered that they have 1.6bn, are classified as an activist hedge, run by Michael Price who used to run Mutual Series and then Franklin Templeton Pierce (basically, the info on Forbes). Looking to know about their reputation and possibility to leverage a...

0Drunk Trader Sets Fire to WTC Elevator

jackofalltrades Commodities trader arrested after trying to start a fire inside 7 World Trade Center. DRW Commodities employs some classy people...

0Gross Ads


Those ads with the chick holding up her shirt to show her stomach going from normal to emaciated are a little off-putting. I know it pays the bills, but are there really that many fatties cruising <abbr title="Wall Street Oasis">WSO</abbr> these days?

0Leveraged Capital Markets


Can anyone explain what LCM is? I'm trying to figure out whether or not I would want to participate in something like Leveraged Capital Markets but I don't know what exactly it entails.

0UBS LA/Evercore still recruiting at Ivey?


Does anybody if <span class='keyword_link'><a href="/company/ubs-ag">UBS</a></span>/<abbr title="Credit Suisse">CS</abbr> LA and <span class='keyword_link'><a href="/company/evercore"...

0pitch book process- 2 different pitchbooks?


is there usually an initial pitch (tailored to the client) to sell your bank to the client to convince them to use your services, and then LATER ON there is the actual pitch regarding to the deal at hand (IPO/merger/etc) or is this all combined into one?

0Pre-MBA associate positions at VC/growth equity firms


I'm in my 2nd year at a leading <span class='keyword_link'><a href="/guide/consulting-case-interviews">management consulting</a></span> firm (with several tech-related projects) and am starting to look for pre-MBA associate positions at <abbr...

0NYC Cougar Dens?


Hi All, Im making a trip up to new york in a couple of weeks. I am currently single and I have a particular attraction towards older women. My previous girlfriends have been in the age range of 27 - 35. With that said I talked to some of my acquaintances that are located in <abbr...

+1ER summer intern final round help


hi all i am having my <abbr title="equity research">ER</abbr> summer intern final round in a few days i am more worried about the technical questions, aside from talking about the general market, pitching a stock (both long and short) what are some other possible tech...

0Timeline for non-targets


Just to clarify this. Does anybody know when non-targets usually hear back regarding <abbr title="summer analyst intern">SA</abbr> 1st round interviews? Assume it's after recruiting is done at the targets, but I'm a little worried because I got all my apps in...

0Banks' industry and product groups


With first-round interviews coming up, I thought it'd be helpful to have a list of the industry and product groups at each specific bank - it would be a huge help when it comes to researching the bank and knowing what you're talking about when going to the interview. Does a list...

0Evercore E-mail Format


Can someone please let me know the format of e-<span class='keyword_link'><a href="/company/evercore" target="_blank">mails for Evercore</a></span>. Is it just [email protected]

0M&As and underwriting/IPOs- usually separate in BBank? Best bonuses/exit opp?


Are the mergers and acquisitions divisions of a bulge bank usually separate from its underwriting/<abbr title="initial public offerings">IPOs</abbr> in the investment banking division?? which would be a better way to exit to private equity/hedge funds ? what are the bonus...

0Any places still accepting apps for internships?


I've already been rejected by most of the big banks. Does anyone know of any middle markets or boutiques that are still accepting applications for internships this summer?

0New rules for 2009

Jason Borne

Dear Staff Welcome back to the office after the long year-end holiday break of 2008. Please be advised that there are new rules and regulations implemented to raise the efficiency of our company in 2009. ATTIRE: It is advised that you come to work dressed according to your...

0Which PE firms are just plain screwed?


My views: -Apollo: I don't think I even need to talk more about them. The less said the better. -Permira: Wow. Some really bad investments. Really, really bad. Possibly the worst large portfolio on the street? I think so. Not sure how they're going to raise more...

0Guys, try to be honest to yourselves: the party is over.


I've been working at a very good MM PE shop for the past 6 months. My job is secure and stable. But here's one thing I've learnt: the party really is over. If you're thinking of getting incredibly rich in finance, think again. Or better yet, read...

0jp morgan final round HK IBD SAnotification


Hello guys, Have anyone received notification for 2nd round yet? I tried emailing the HR but they said they have not complied the list yet. This sounds a bit fishy since the <span class='keyword_link'><a href="/tag/superday">superday</a></span> is...

0Chance with top prop firms


I'm currently a junior in college at a normal state school with a 3.8 GPA and my major is Management Information Systems. I work full time as a systems administrator. I'll be 25 when I graduate, due to working full time and attending school full time. Do I have any shot at hiring on...

+1All equity vs debt-equity firm


hey guys, just wondering: if you have two identical firms with different asset structures - one is all equity whereas the other has both debt and equity, which one would you invest in and why? my answer: in good times, invest in the debt-equity firm because your upside is unlimited and...

0Office furniture, get your office furniture!!!


Check it out. Someone posted John Thain's office goods on <a href="">Craigslist</a>. <div class="clearboth"></div> [quote]Antique furniture from former CEO's office- $1.22 M (Financial...

0UBS LA, CS LA or HLHZ Restructuring Group?


So I know you guys hate these comparison forums, but <span class='keyword_link'><a href="/company/ubs-ag">UBS</a></span> LA (w/out <span class='keyword_link'><a href="/tag/moelis">Moelis</a></span>), <abbr...

0UBS HK vs CS HK (Offers for both)


Just got offer from <abbr title="Credit Suisse">CS</abbr> and a strongly hinted at <span class='keyword_link'><a href="/company/ubs-ag">offer from UBS</a></span> (interviewer called me 3 days after interview telling me to inform...

0Present Value Question


A new copy of a book costs $118. You buy it at that price and then after one month you sell it for $80. You could have put your money in a 1 month CD that pays 2.4% annually. In present value terms, how much did you pay on the day of purchase to “rent” this book for one...

0I Hope Not


I thought I would share this becuase I found this particularly humerous. I went to grab coffee with one of my fellow classmates who works for a boutique now and his manager and two co-workers came along. When engaging in greetings, one fellow states his first name followed by "Harvard...

0JP Morgan Non-Target


Does anyone <span class='keyword_link'><a href="/company/jpmorgan-chase">know is <abbr title="JP Morgan">JP</abbr> Morgan</a></span> is taking non-target school kids for internships this year?

0Please Advise


Hi, All I am a newbie to this forum, I graduated this past year. I have experience in a <span class='keyword_link'><a href="/finance-dictionary/what-is-the-bulge-bracket-BB"><abbr title="bulge bracket">BB</abbr></a></span>...

0Would you "settle" for your second choice school?


Please help me with a "problem" I've been debating in my mind over the past 2 days. It's been driving me crazy. I was recently waitlisted at <abbr title="Harvard Business School">HBS</abbr>, which was by and far the only bschool that I was interested...

+1This argument will eventually grow legs... bye-bye bonuses or bye-bye solvency


This argument will eventually grow legs... bye-bye bonuses or bye-bye solvency...,<span class='keyword_link'><a...

0Britain Going Bust?

Eddie Braverman

Normally I'm fairly dismissive of rumors about a major 1st world country going bankrupt, but there might actually be something to this one. It's no secret that Britain is in trouble, and has been for some time. But now a few credible sources are stepping forward to suggest that they...

0Future of regional banks


With the Messiah and Prince Harry and Princess Pelosi running the show now and likely to implement regulations on leveraging and salary, is this going to push business to regional banks? Or is everyone going to be leveraged a lot less and regional banks are going to suffer too? Engineering is...

0GPA, Summer Intership Suggestions


I'm a junior at penn, "majoring" in both wharton and biology. I'm looking for a <span class='keyword_link'><a href="/guide/wso-internship-guide">summer internship</a></span>. My gpa is miserably low (high 2.xx) though so far it has...

0Wachovia Job Test


I am going in for a newbie accounting position at <span class='keyword_link'><a href="/company/wells-fargo-and-company">Wachovia</a></span>. The interviewer told me to expect a test on Quickbooks and <span class='keyword_link'><a...



Hey, does anyone know anything about <span class='keyword_link'><a href="/company/ubs-ag">UBS</a></span> leveraged capital markets?? I'm about to schedule an interview with them but I'm not sure I have any interest based upon the job...

0Transition from BoC to trading in BB


I've recently been presented an opportunity to work as a research analyst at Bank of Canada, which is Canada's central bank (equivalent to Fed in the US). I wonder what is the exit opportunity for this role at BoC? Originally, I wanted a <abbr title="Sales and...

0Shouldn’t the “Change” have already started?


Throughout his entire campaign for presidency, Barack Obama used the word “change” every chance he got. America voted him in based on the fact that he promised to do things differently, to really turn this country around (although after Bush’s two terms, and the thought of another...

0Banc of America rumor or real?


..dealbreaker reported that <span class='keyword_link'><a href="/company/bank-of-america-merrill-lynch">all of BofA</a></span>'s research 1st years were laid off. is that true? Good luck to everyone.

0The DOW will pass 10,000 for good in....6
0Fiscal Irresponsibility


So I was fucking around on and ebay motors and stumbled across an '07 Aston Martin Vantage for about $63K. Considering '09 Vantages go for about $150K and brand new '07 Vantages go for about $120K, I thought this would be a pretty good deal if the car was exactly as...

0Exit into enterprise tech sales? Pro's and con's...


It's been mentioned here a lot, that <span class='keyword_link'><a href="/finance-dictionary/what-is-the-front-office-fo">front office positions that</a></span> actually bring in the money to the firm are far better regarded than middle-, or...

0Merrill Lynch HK Superday


Do anyone have experience with it? What kind of question do they ask? Is the airfare reimbursed? The invitation they sent out didn't seem to include any detail about flying expense.

0Case Interview with Barclays


I <span class='keyword_link'><a href="/company/barclays-capital">have a Barclays</a></span> <span class='keyword_link'><a href="/guide/consulting-case-interviews">case interview</a></span> scheduled next...

0How much do I have to wait?


Alright. So I signed with firm...they went bankrupt. Then another firm bought them and my offer was honored. (I'm sure you can guess who this is). I've been talking a lot to my boss over the summer but HR has not sent any of the to-be analysts any email or indication as to where we...

0Yield spread and financial sponsors


Hi all - I'm trying to chart out the effect of increased yield spreads (higher cost debt) on the decreased activity of financial sponsors in 2008. I have the financial sponsor activity taken care of, but I need some advice as to how to best show the yield spread on triple B credit (or...

0Any Experience with Phoenix Group or Reilly Partners


I was recommended to talk to Phoenix Group and Reilly Partners. Has anyone had any experience with either of these Headhunters? Anyone have a specific contact they worked with and liked at the firms? And no, they are not on the recruiter list.

0Fortis Investments


Hi, I'm having an interview with Fortis Investments in the near future, and I was wondering if anyone on this board who has interviewed with them might be able to let me know what to expect. This is for a <span class='keyword_link'><a...

0Market Cap - Interesting visualisation


0Worst day in history for financial stocks?


I must say that today felt like the worst day in history for financial stocks. XLF was down 16%, brutal brutal brutal. Its kinda funny how people here are worried about getting offers, <abbr title="summer analyst intern">SA</abbr> stints etc and the people that running...

0Non-target school timeline


When do non-targets hear if they are invited for a first round?

0I was asked a question like this in interview,can anyone help?


I was asked to design a structure product or <span class='keyword_link'><a href="/finance-dictionary/what-is-arbitrage">derivative to arbitrage</a></span>. anybody can introduce me such a product and its mechanism? thanks in advance

0Seeking some words of advice :)


Hi everybody, I will be joining the <span class='keyword_link'><a href="/company/barclays-capital">Barclays</a></span> Capital Finance Program in July, but have always set my eyes on a <span class='keyword_link'><a...

0Anyone Interview with Loughlin Meghji?


I came across the name from an earlier post and plan on reaching out to some alumni next week. Any idea what the interview process is like? I've heard that there is some sort "assessment" test.

0Analyst vs Associate title


So I was just offered a job at a small west coast <abbr title="venture capital">VC</abbr> firm (roughly $100M fund), however, I have a few concerns about the job title - I was offered an Analyst position, rather than Associate. I'm wondering how much this will effect...



This is just to vent a little bit. Im from a target school think (Columbia/Cornell/Dartmouth) and i have great EC's and graduated cum laude. I have been consistently been getting rejected from this mid market bank. I know several students who have analyst positions here who are from non...

0Contact Goodwill


Hey guys, Here's the scenario: I have been exchanging emails with an alum for a few months and when summer recruiting came around, I asked him if he could help, and he apparently sent a referral to HR for me to be interviewed. I got the call and was told it was for the Finance division...

0Break into Corporate Restructuring W/ Back Office Background


Hi, I have been interested in breaking into a role in Corporate Restructuring/Reorgs for some time now. My issue is that I graduated from a non-target school and my background is in <abbr title="private equity">PE</abbr> and Real Estate <abbr title="private...

+1Master Science Finance


What are you opinions on getting an MSF? I am interested in working in <span class='keyword_link'><a href="/finance-dictionary/what-is-asset-management-AM">Research or Asset Management</a></span>.



Hey guys, I was just wondering if you know of any stocks with negative betas? I know that theoretically it is possible, however, are there any real world examples?



Have a questions for you all? What do you put in your coverletters? There seems to be a lot of <abbr title="balance sheet">BS</abbr> flowing around, like... 1. express your interest. Well, if i was not interested i would not have applied. 2. Talk about...

0I say farewell to wso... good luck everyone


This is my last post on this fun and sometimes useful site. I came on sometime in 2006 and got me a few bananas. If you <span class='keyword_link'><a href="/tag/energy-trading">need any energy trading</a></span> advice or tips, please do reach out to...

0Thoughts on living in Astoria

[email protected]

Hey guys, I will be moving to <abbr title="New York City">NYC</abbr> in July to work for M/B/B. I have been talking to some buddies and it sounds like your dollar goes a lot farther in Astoria, and its only like 15 minutes to midtown (possibly more if they close the W)....

0Anyone seen that commercial for the clive owen movie?


I find it hilarious, I've seen it maybe 20 times this weekend. Its about some bank killing people, and throughout the commercial clive owen keeps saying that they have to "take this bank down". At one point he says "There's gotta be a way to take this bank down" as...

0Top BSchool for PE, GMAT Timing


Hi guys, Two quick questions. 1. What are the top business school's to go into PE? This would be for a candidate who did two years at a <abbr title="middle market">MM</abbr> <abbr title="investment banking">IB</abbr> followed by two years at...

0Funds in Palo Alto/ Menlo park


does anybody have a list of hedge funds located in palo alto/ menlo park or around that area? nothing in san Francisco though please thank you

0DCF Crash Course


I have an interview with a firm coming up, and part of the interview is a modeling exercise (creating a <span class='keyword_link'><a href="/finance-dictionary/what-is-a-discounted-cash-flow-DCF"><abbr title="discounted cash...