|+23||Favorite All Time Quotes?I would like to present this question to all those in the WSO community: what is one of your favorite quotes? Could be from absolutely anything. ...||124|
|+2||Graduating this month and beginning my SA position this Summer: Dilemma Hi WSO,
I was lucky enough to land a SA position in IB at a BB in NY (yes, HR and the team are aware, agreed with my reasoning that doing an SA is the best pipeline to land a FT job in IB).
Of course, my #1 priority is to get a return offer for this particular team, and work for this BB FT (t...||4|
|+1||Goldman Sachs Chicago OfficeLooking to hear any insights or information that you guys have on the Goldman Sachs Chicago office. Have heard that they mainly deal in Industrials, Consumer/Retail, and FIG. Would appreciate any insights on the level of execution that comes out of this office, top MD presence, as well as deal flow,...||1|
|+1||The Joyous Process of HiringThis is more so letting me vent, so bare with me here.
I've begun the process of hiring a few new analysts, and it amazes me that the job postings spell out VERY SPECIFIC base requirements and people just ignore this. Now, I'm not talking about "minimum 5 years experience" and the person has 4, ...||73|
|+1||Better program for a veteran looking to work on the StreetI’m leaving the military after a decade of service and have been admitted to Columbia GS and Yale’s EWSP. I’m interested in studying economics, with the ultimate aim being grad school and a client-facing, revenue generating, role on the Street. Both schools are great opportunities, and I under...||1|
|+9||Riding an Electric Scooter to Work Fellow Monkeys,
What are your thoughts on riding an electric scooter to work? I live in Manhattan towards 1st/2nd ave in the mid 20s and work in midtown on Park. An uber in the morning takes forever (40 min with traffic) and the subway is a pretty far walk and is always unreliable. Any downsides...||37|
|Allen & Company llc - Interview - Technology, Media and Telecom (TMT)|
|Piper Jaffray - Interview - Industrials|
|+1||Check this out i found way to get free BTCEarn free bitcoin click this link - you get free money pretty easy to do all you do is click and boom they send it you !
|Evercore - Salary & Bonus - Investment Banking|
|T. Rowe Price - Interview - Generalist|
|+2||Does Morgan Stanley drug test?Self explanatory. I'm an incoming full time IBD analyst next summer and am wondering if I'll get a urine or hair test at training. We didn't as SAs and I believe I heard FTs don't either, but want to be sure.
I figured asking here would be less awkward than emailing HR....||21|
|+2||GS vs Barcs (London S&T SA)Summer internship offers for both.
Obviously GS is better generally (I think) but I have some good connections in Barcs so I will be able to get on the desks I want for the rotations.
How much worse is Barclays than GS in markets?
Thank you all
|Blackstone Group - Salary & Bonus - Generalist|
|Stifel Nicolaus and Company, Inc - Salary & Bonus - Equity Capital Markets|
|+1||Transfer interest of MBB office in Tier 2 city to a Tier 1 office applicationI am coming from an academic background and I am contemplating moving into strategy consulting. I attended a recent event at an MBB's office and received encouraging indications that I should move forward.
The MBB is trying to grow its practice in this Tier II city, which is closest to my school....||2|
|0||How come older people wear baggy suits?I am noticing that the suits that older men wear are very baggy and large for their body type. As opposed to the younger generation where the suits are slim and fits like a glove....||1|
|Stifel Nicolaus and Company, Inc - Salary & Bonus - Equity Capital Markets|
|+2||Senior Housing with Memory Care I currently work as an acquisitions analyst for a value add MF shop. Recently I connected with a principal at a shop that exclusively acquires and develops senior housing communities with memory care units.
They are looking for an acquisitions associate and want me to come in and meet the team. ...||5|
|+5||Calling all mortgage brokers...For anyone that works at a commercial debt brokerage shop, (Meridian, CBRE, JLL, Eastil, Newmark) can you explain a typical day of your life. I’m interested in learning more about the process of getting a loan commitment for your clients and what differentiates every company from the others. What ...||11|
|Deutsche Bank - Review - Trading|
|Boston Consulting Group (BCG) - Review - Generalist|
|Boston Consulting Group (BCG) - Salary & Bonus - Generalist|
|Deutsche Bank - Salary & Bonus - Trading|
|+2||Best Way to Find Live DealsHi guys,
I just wanted to share a resource I have found helpful when interviewers ask me for a deal I have been following. I am subscribed to an email service called Axios Pro Rata run by Dan Primack. Here is the link to subscribe https://www.axios.com/newsletters/axios-pro-rata-89126e99-ac30-43e...||1|
|+3||M&A Consulting market - London v.s. U.S All,
I'm studying for the GMAT at the moment and once I finish I'm looking to go to London or U.S (Irvine, CA/ New York/ Dallas/ Chicago are my options). I would take a couple of months off between roles to further prepare for the GMAT.
My line of work:
M&A consulting in a Big 4, with a speci...||9|
|0||Enterprise value levered or unleveredCould someone help me articulate this question: is EV of a company levered or unlevered...why? Plus, if PE of the acquirer higher than PE of the target in an all cash deal, would it be accretive or not sure and required more info..thanks ...||18|
|Cushman and Wakefield - Salary & Bonus - Brokerage|
|+1||Projecting GPASince recruiting has moved up so much this year, I am having to submit my application to banks ASAP. My question is can I factor in the summer classes that I have not officially received grades for into my GPA? I already finished the courses but my grades have not been calculated into my GPA on my t...||1|
|+1||Barclays houston superday Has anyone heard back yet? My understanding was the plan was to give all feedback by last night.
|+1||LSE Summer 2018 I'm taking a summer course (advanced corporate finance) at LSE this August. Will be in London for the month. I'm a rising second-year undergrad student. Any places in London I should definitely check out while I'm there? Any other recommendations are greatly appreciated! want to take advantage of t...||2|
|+4||World's dumbest 'smart guy'?I left a large family business that had close to $200 m in revenues. I got 2 Master's degrees (Financial Mathematics and an MBA from an Ivy). I am now 46 and own a semi-profitable restaurant, some real estate, and have a small severance package. All I ever wanted was to work in hedge funds. I di...||42|
|+1||UBC Sauder (BUCS) vs Waterloo DDP (BBA+CS) vs Rotman CommerceHi! I'm an international student, looking to breakthrough in the world of marketing. I've had an interest in CS since I was a kid but stopped pursuing it later on due to my change in extracurriculars. I've shortlisted 3 top business schools in Canada and am super confused on which one to choose.
|+1||2018 JP Morgan MBA Early Advantage ProgramHey guys,
Has anyone else heard back about the 2018 JP Morgan Early Advantage for MBA students that start in the fall? I just received an email to complete a digital interview. Wondering if anyone has any insights. ...||1|
|+29||Deutsche Bank OfferHave a DB offer for SA 2019. Haven't applied to any other firms yet, wondering whether to take it or not. Go to a target school, GPA above 3.5. ...||120|
|Akuna Capital LLC - Interview - Prop Trading|
|Northwestern Mutual - Interview - Strategy|
|0||Bentley Associates - Salary & Bonus - Investment Banking|
|+2||Grad Plus LoansHi, I wanted to get some advice from those who have borrowed Grad plus loans before. FAFSA websites say that you can borrow up to the cost of attendance minus loans and scholarships. My issue is that I will be living off campus and I don't understand if these loans will cover my living expenses or j...||4|
|+1||HELP - OSU vs UIUCI am an incoming sophomore at a community college that will be transferring to either UIUC or Ohio State. At this stage, investment banking is not my first choice for a career but I still want to keep that door open before I nail down what I want to do. I'm thinking along the lines of consulting or...||3|
|Loop Capital Markets - Salary & Bonus - Investment Banking|
|Raiffeisen Investment - Interview - Investment Banking|
|+11||What Not To WearHey guys,
So I have read and heard that SA's shouldn't wear loafers, so what are they supposed to wear?
|+1||New member speaking upI've lurked for a while and decided to jump in, so here goes...
In my former life, I spent 8 years as a financial planner and investment adviser. That wasn't the life for me any longer, and real had been an interest and passion for as long as I could remember.
Our family has been involved wit...||1|
|Wells Fargo and Company - Interview - Middle Market|
|+1||Will Fintech Be The Future Of Banking?*"Watch out, big banks. Silicon Valley is targeting finance as the next industry ripe for disruption."*
Here is an interesting article that [summarizes how tech companies have lately been pushing to enter the financial sector](http://money.cnn.com/2018/05/15/news/companies/tech-banking-amazon-app...||1|
|+1||investment portfolioWhat is necessary for a proper investment? How to professionally manage investment portfolio? thanks for the help...||1|
|+3||Actuarial Associate to IB roleHi all.
Looking for some feedback on my situation.
I'm currently an actuarial associate at a large financial services/asset management firm in NYC. I've passed a couple of exams, but haven't reached the associate credential (ASA). I've been out of college for 2.5 years now. I'm comfortable ...||7|
|+1||Stuttering and IBI've been going through a lot of applications and they always ask if I have a disability. I was wondering if I need to list stuttering/stammering as a disability when applying to jobs? It is a little difficult to speak eloquently during interviews but it doesn't affect me to the point where I can't ...||3|
|+1||Breaking Into Consulting: Switched Careers Twice | Doing Preliminary ResearchBackground:
-Sales 2 years --> Real Estate 2 years
-Looking to harness strengths that were never harnessed
-Looking for more fulfilling work
-Currently Studying for the GMAT; original goal was to go REPE route but I am putting feelers for consulting after some preliminary research
|+1||Thoughts on my cold emailing templateI am currently a rising junior pursuing a finance degree at Rhode Island College. Recently, I began exploring career options and In my search I came across your profile on Linkedin. I noticed that you currently hold a position at ______ as a ________and I am interested in your career path.
|+1||Blackrock PAG prestige?I want to know how prestigious BlackRock PAG is. I am deciding between some offers between this and a prop trading shop called trillium.
I'm leaning towards BlackRock right now because i hear it is very analytical and has great exit ops into hedge funds or investment banking because of the Black...||30|
|NCG HoldingsConcentrated value opportunities across corporate securities and special situations....|
|Nathan Capital HoldingsConcentrated value opportunities across corporate securities and special situations....|
|+1||Can an SA offer get rescinded for a GPA drop during recruiting?So I went pretty hard for recruiting this sophomore spring semester and managed to get myself an offer at a top BB with a relatively low GPA to start with (think around 3.5...). I was also working 30+ hours and taking relatively tough classes. I did well in all of my business classes (A) but I made ...||2|
|Athyrium Capital Management|
|+3||Getting into the Big 4 and Your Future CareerNowadays, as the competition steadily increases and fortune 100 entry-level positions become inexperienced college grad's new goal, what must one do to get ahead.
Just a few quick questions about the Big 4:
What is the Big 4's stereotypical entry-level candidate? -Google, Apple and Fac...||45|
|+3||These are true right?Any time you say e e through the map
I love my house very much
Love him with conditions
Take the bottom plate to get it and then glide
E today to kk
Cn f get
E will wait
E finally put a wallet name? Every day it ship A take a look as the last gift e give A?
It's a goo...||7|
|+1||Best way to get into investment banking without experienceI am a rising junior at a semi target (think McCombs or Ross) and I have no internship experience within finance. My parents started a new business and I have spent the past two going on three summers helping out in whatever capacity I can. The closest thing to experience I have is the personal port...||2|
|+1||"Alpha" equity research out of EuropeAre there any shops that produce stock-picking ideas across industries based on more in-depth work? Ie, not the classic set-up covering verticals. Curious if there are any places like that in London....||3|
|cherry bekaert llp - Salary & Bonus - Valuation|
|RBC Capital Markets - Interview - Technology|
|cherry bekaert llp - Salary & Bonus - Valuation|
|cherry bekaert llp - Salary & Bonus - Valuation|
|+1||Victory is impossible!So it was 3:30am, I had to be at the airport by 6:30am and my model was #Reffing out as usual. My associate starts jumping up and down like a lunatic behind me because we haven't even started printing the 35 pitch books...even though he was the one that messed up the model in the first place by aski...||8|
|+2||Comp questions for debt/equity shopsI'm considering talking to a few debt/equity placement firms regarding job ops, after spending 10+ years on the principal side doing acquisitions. Looking at boutique type groups rather than the HFF/Eastdil/Cushman types.
At the point in my career, I'm sorta burned out on the acquisitions side...||9|
|+1||FP&A exit oppsIts been a busy time since I joined the FP&A team as off-cycle intern.
Although pretty funny, the role is very cyclical.
What are usually the exit opps?
By the end of the year I have to start an MSc.. my goal is to end in buy-side. (I will do the CFA L1 this Dec)
PS: I'm working in a F1...||5|
|+3||Would you guys marry a poor chick from a poor family?I wouldn't and the MAIN reason is that I don't want her family become a liability to me. Trust me I have seen first hand, and it breaks families.
I had a conversation with a friend last week about this subject and he told me I was too picky. He even said that he would marry a waitress; I told hi...||226|
|+1||URGENT: How to learn financial modelling asapHi all,
I will be having a final round interview day for an analyst 1 position (large bank).
During the day I will be having a 1 hour modelling test.
As I have limited modelling experience I have no idea what they will ask me to do.
Operating model? LBO? DCF?
Wat will they provide me?
|+1||Testing topic Testing topic Testing topic Testing topic Testing topic Testing topic Testing topic Testing topic Testing topic ...||1|
|PwC PricewaterhouseCoopers - Salary & Bonus - Management Consulting|
|+1||Advice 101. ...||1|
|+3||Is religion a psychological disorder?Why do people still cling to archaic religious fairy tales even at this age? I find it hard to believe some of the things theists believe. Having smart people like scientists believe that wine is turned into blood, among other things, is very troubling. What will it take to slough off these beliefs?...||74|
|JPMorgan Chase - Salary & Bonus - Investment Banking|
|+1||Intership for an alienHello Guys!
I’m dominican and Studying business in college. I want to to my intership in USA… what company take people from another country to do their intership?
Also, I’m from non-target college...||1|
|+1||Wall Street Oasis Content Writer Needed Wall Street Oasis is looking for a talented student/young professional who is a good writer to help us optimize posts for WSO with the goal of raising the level of quality in the forums.
**TITLE:** Finance / Wall Street / Business Blogger / Writer / Content Optimizer
**WHAT THE JOB ENTAILS:...||1|
|Accenture - Salary & Bonus - Generalist|
|+3||How does an IPO roadshow work? A few questions on the IPO process:
- Who goes on the roadshow? The ECM team or the IB Coverage group? Are analysts usually brought along? Is it really as fancy as people make it out to be, with private jets etc?
- If there are 3 lead bookrunners do they all do a different roadshow and pitch to ...||5|
|+31||What are the Strongest Non-Target Schools for Undergrad Recruitment?I've noticed that there is not a thread exactly like this for prospective monkeys to take a look at. I'm currently an undergrad second year applying to some targets/semi's as a transfer, and this would have been helpful if I didn't know exactly where I wanted to be.
What are some strong non-core ...||139|
|Manulife Financial - Salary & Bonus - Insurance|
|+1||Fordham RE certificates (BVAL -> RE) I'm considering on signing up for the 6 week summer certificate program for either RE finance and investments or RE development at Fordham to transition into the real estate industry. What are people's thoughts given this program is quite new?
Some background about me: 2.5 years in a business va...||1|
|+1||Friday CultureI am currently being considered for a position within an MBB firm. Part of the next steps is determining my home office location. I was curious if anyone has any experience what a typical Friday looks like at an MBB firm. Are you expected to go to your home office every Friday? I have experience ...||1|
|+9||JP Morgan Proud to Be 2018This thread is for undergraduate students currently applying to the JP Morgan 2018 Proud to Be Undergraduate Experience and Interviews in NYC. Feel free to follow and/or post if you're in another division as there might be similar recruitment timelines.
Anyone have any idea of what questions to e...||53|
|+1||Washington DC RE NetworkingMaking the move to DC in a couple of months, and looking for some people or groups to network with as I am on the job hunt. Have a few contacts in the area but would love some more as I make my move up there.
A little background I am a Portfolio Manager/Underwriter for a smaller bank with about ...||4|
|+1||Excel test for Acquisitions role at Insurance company?1 Hr excel test coming up. Im expecting being asked to construct a basic cash flow model (prob multifam) either by giving me assumptions, or going off an OM. Prob a debt table as well to get to levered/unlevered irr . Thoughts?...||2|
|+2||Best TMT groups on the street? (Specifically from BB’s)I just wanted to see which firms have the best TMT group besides GS which seems to be a clear front runner. Any outlook is appreciated....||11|
|+2||PE/VC Analyst ProgramsCurrent UG looking for FT analyst programs at top VC/PE. What are some of the firms that hire straight out of undergrad?
Little Background: Have summer of EB and PE (LGP/Thoma, etc) on resume, top GPA, semi-target school...||5|
|+2||Living Ray Dalio's PrinciplesSince I first read the pdf version of Principles, I’ve been fascinated by the way Ray Dalio thinks.
It’s true that his billionaire success is what drew me into his thinking, but it’s the rigor of Ray’s ideas that really hooked me.
Although I spend my life exploring ideas, I'm intensely...||3|
|Accenture - Salary & Bonus - Restructuring|
|Carlyle Group - Salary & Bonus - Restructuring|
|+1||Car Vending MachinesYou may have seen the article on WSJ about the Ford x Alibaba partnership to sell cars in China out of “car vending machines”... does anyone know who actually manufactures these vending machines?
Another user of similar technology is Carvana.
Ultimately trying ...||4|
|+6||Waterfall for long term holdHello,
Has anyone had experience with a structuring promoted interest waterfall for a development deal with no planned exit. The developer builds and owns their projects for the long term and planning to bring on a JV equity partner with the same long term hold strategy. I have only dealt with deal...||13|
|0||Accounting/Finance - Accountant I or IIWe are currently seeking an Accountant to provide support to the Accounting and Accounts Payable departments by ensuring data integrity of financial information, providing timely & accurate reporting to management & external public, safeguarding company assets, and maintaining internal controls in c...|
|0||Qatalyst Partners - Interview - Mergers and Acquisitions|
|+29||How important is the choice of a Spouse to your career advancement?I am late 20s/early 30s and I have been starting to ponder this question.
I read somewhere that men with spouses make more than men without...I also know that a divorce can tear your wealth into shreds. I know a guy who had 1-1.5MM in the bank in a Low COL area, got divorced, had to pay alimony, ...||109|
|+1||Confusion about Treasury Stock Method when Calculating Diluted Shares OutstandingHi all,
Sorry in advance for what is most likely a very basic question.
While the math for calculating diluted shared outstanding is obviously very simple, I'm a bit confused on the logic.
From what I understand, "exercising" an in-the-money option can either mean buying shares at a lower p...||3|
|+1||Get a roomMARKETS U.S. markets: Tech weighed on the markets with all three indexes finishing lower. Commodities: Holy oil. Brent Crude popped above $80 a barrel—a number we haven't seen in four years. Want Morning Brew Daily Served Fresh to Your Inbox? Drop Your Email Below....||1|
|Citigroup - Salary & Bonus - N/A|
|+10||Help! I think I hate consulting! What's next?Hi Guys,
I am a first year analyst at IBM within the Digital Strategy consulting practice, definitely the best division to be in at IBM consulting today! I am part of a few really cool internal initiatives and am relatively known in my group (80 first years so being known is good). I have a few ...||14|