Quantcast
Channel: Wall Street Oasis - Investment Banking & Finance Community
Viewing all 9975 articles
Browse latest View live

INTRODUCING: The WSO Applicant Database. Take 5 minutes on WSO to Reach Hundreds of Finance Recruiters and Finance Companies

0
0

Given that we have built up relationships with hundreds of companies and finance recruiters, we thought instead of just a simple job board (which you can find right here), we would also create a WSO Applicant Database.

This vision for the database is to allow all WSO users to create a detailed "Applicant Profile" that can be used by recruiters and companies to find great talent. It is similar to an online resume you see on LinkedIn, but with a lot more detail around actual skills relevant to financial positions, scores and certifications so that recruiters can use it to filter through candidates that are a great match for their spots.


Sacrificing too much to be a banker?

0
0

Came across an old Reddit TIFU post: An Australian banker was devastated to find out that he had given up his whole life for a "9-7 job" . The fact that his wife had been cheating on him for 10 years was just the tip of the iceberg.

Today I found out my wife has been cheating on me for the last 10 years. My son feels nothing for me. I realised I missed my father's funeral FOR NOTHING. I didn't complete my novel, travelling the world, helping the homeless. All these things I thought I knew to be a certainty about myself when i was in my late teens and early twenties. If my younger self had met me today, I would have punched myself in the face. I'll get to how those dreams were crushed soon.

WSO Private Equity Resume Template for Professionals with Deal Experience is Released!

0
0

Big Announcement: WSO private equity resume Template for Experienced Professionals with Deal Experience is Now Public!:

Click here for the free investment banking resume template for college students.

For those of you with deal or project experience coming from Investment Banking or Management Consulting, looking to make sure your CV format is clean and make sure that your private equity resume is polished for those competitive buyside jobs in private equity and hedge funds, we have a great sample resume you can now use free of charge (attached to this post below). We're hoping this clean format gives you an even bigger edge in recruiting (besides being members of WSO :-). Also, don't forget that our private equity interview prep guide is now available after years in the making (here)!

2016 Summer Analyst IB Recruiting Timeline Megathread

0
0

Mod Note (Andy): Make sure to bookmark this page as this will be the cumulative thread for 2016 SA IBD info and added to the frontpage each week to help collect more info

As banks recruit earlier and earlier, I thought it would be good to have a dedicated thread for recruiting this fall. I know from first hand that some accelerated processes are kicking off so it might be beneficial to start aggregating data. This will help keep track of what's going on and the individual deadlines for online applications.

APPLICATIONS / INTERVIEWS / SUPERDAYS

Goldman Sachs

Morgan Stanley

J.P. Morgan

WSO Monkey at OWS Videos

0
0

Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 11/16/11. I was talking with my brother the other day about this (he was the photographer for it) and I thought "yeah I should put that post back up!"

Last week we sent our very own mascot out to OWS to charm the crowd, pass out some bananas, engage in some conversation and spread the message: "Wall Street Monkeys are not part of the 1%"

Best videos of the bunch are below, and if you haven't seen the photos yet, see the album on our Facebook page or our Flickr Page.

Here's my personal fav, our monkey man dancing along to the sounds of OWS

Rejection

0
0

Mod Note (Andy): Make sure to check out the comment inside the post by @M- Weintraub

So, it's been a while since I've provided content to this wonderful website (sorry Patrick). But, I figure now would be a good time.

I just received a nice "Your no longer being considered for this job" update on a job I interviewed for a couple weeks ago. So while I'm still disappointed I figured I'd ask the group, what are some of your best rejection stories, whether it be a job or a girl or really anything.

WSO Hedge Fund Interview Prep Package in the Works!

0
0

***NOTE: I am willing to pay cash AND give you a free copy of the package if one of your cases or pitches ends up in the actual guide.*** Please send me an e-mail (Patrick@wallstreetoasis.com) explaining the case or pitch (long vs. short or type of case study) and I'll tell you more.

Honesty in IB?

0
0

Hi all,

I have a friend who was in IB who is of the opinion that there is an inherent amount of dishonesty in the industry. I'm very interested in the industry, but I'm also fairly religious, so I was wondering if you guys agreed with his opinion.

I know that the goal in IB is to present the company in its best light, and I know firms are legally prevented from blatant lies, but I was just wondering how much "creative" word-smithing, glossing over certain details, or otherwise bending the truth might be involved with the job.


WSO Weekly Wrap-Up (7/25-7/31)

0
0

In case you missed them, here's some of last week's most popular topics:

Cost Estimators: The Bankers of the Construction Industry
Post By @UTDFinanceGuy

Recently I started a career in the construction industry as a project manager and cost estimator for a local company (boutique) and have seen the underlying similarities to the bankers of the financial world. It's also a career most finance and business guys haven't heard of because the companies almost purely recruit from those interested in the construction world (civil engineers and construction science majors more so). However, it is exceptionally easy to get into with a finance/business degree because many of them don't have the education at all.

Do clothing brands matter?

0
0

For interviews and SA jobs, does it matter where you get your suit?
I find that H&M has dress shirts and suits that fit me well and go for pretty cheap, do interviewers even care as long as the suit fits me properly?

2016 Full-time IB Recruiting Timeline Megathread

0
0

It's that time of year again, folks. Time to polish those resumes, fire up the LinkedIn and WSO search functions, and bug the hell out of the career advisers at your schools. It's recruiting time!

We are all looking for information on timelines and deadlines for every bank possible. If you or your school has information on important upcoming dates, please, please, please share them with us!

I'll collect all the information I can here in this first post, and I'll update it from info in the body of the thread. If you have information and you don't want to post for whatever reason, PM me and I'll add it.

I realize some of this will be speculation, so if you see something here you know not to be true, let me know.

Applications / Interviews / Superdays

Why I Enjoy Networking with Candidates

0
0

I thought I'd write a networking post from a different perspective. We often see advice on WSO from people who are undergrads or recent hires with advice on how to network into the industry (good fresh perspectives from people who have recently navigated "the system"). I wanted to give a bit of insight from a different perspective as someone on the other side who participates in looking for talent: This is why I enjoy networking and how I think about it.

"I want to find the next 'me'."


I've noticed everyone I've ever met who participates in recruiting is a bit biased in this regard. We like hiring people who resemble us. For me, I respond very well to people who are highly technical and comfortable with numbers. I have a tendency to geek out. I fully acknowledge there is much more to IBD than this, but this is my soft spot. For others it's being a varsity athlete. Another favourite is school backgrounds (If I can be so bold as to say: you Americans love it when you see someone from the same school, especially non-targets).


My Advice: People are much more responsive if you have some kind of hook. If your initial contact is too "copy and paste" it risks fading into the background. The best cold callers I've seen are the ones who take a few extra minutes to customize the email by doing a quick LinkedIn creep to find a common thread.

The ‘Business Cycle’ framework

7 Things I Learned While Running a Business

0
0

Thought some of you may enjoy reading this. For the last 1-2 years, I've been running an editing service as a side gig. I probably won't operate it for too much longer because my regular job takes too much time, but I thought there were some good takeaways from running it that I will definitely consider for any future business I start. After all, that is my end goal. I'd be happy to answer any questions!

For the past 1.5 years, I've run an editing service with a friend from Germany. Having studied abroad twice, I've had several international friends (non-native English) ask me to look over their papers for grammar mistakes, and they would usually compensate me with dinner or alcohol. Alcohol was the preferred payment, as Systembolaget (Sweden's government-run liquor chain) was beyond expensive. When I returned home after the second stint abroad, I reconnected with a friend I had met abroad, and we decided that there might be a market for offering affordable editing services, as editing services are typically not within a student's budget. At the time, most base prices started at $0.02/word, so you can do the math for a thesis/dissertation that is over 20,000 words. No student wants to spend their paycheck from their part-time job on this kind of service. We figured if we kept expenses low, we could charge low and become the "student-friendly editing service." Here are the top seven things I learned about running a business:

#1. A lot of competition is never good.

Financial & Valuation Modeling Boot-Camp

0
0

Financial modeling is a skill that any investment banking analyst will have to master. Although the majority of investment banks and other financial firms now have formal training programs, many students and prospective finance professionals are choosing enroll in self-study financial modeling training programs to look more competitive to potential employers and position themselves as a valuable asset to the firm from Day 1.

Wall Street Oasis presents 35% off Wall Street Prep's popular 3-day Investment Banking Boot Camps. ***NOTE: When you register with a .edu address the discount will be applied upon checkout ...if you are a student without a .edu address please contact Wall Street Prep directly. Discounts do not apply to seminars run by CFA Societies.***

If you can't attend a boot camp, train yourself with Wall Street Prep's popular Self-Study programs and get 15% off as a visitor from WSO! You won't find that deal anywhere else. If you are not a student, you can still get 15% off the live IB Bootcamps by clicking below.

Sign Up Here - 15% Off Special


WSO Mobile Offers: Text "WSO" to 38470 and get...

0
0

If you text the 3 letters "WSO" to the # 38470, you will be entered to receive 1 special discount every month to WSO's products and services...these include WSO Resume Review, Wall Street Mentors, Financial Modeling Training, WSO Job Board, WSO Video Library and more...again, it's as simple as texting the 3 letters "WSO" to 38470 :-)

Thank you for supporting the WSO community,
Patrick

Introducing: The Hedge Fund Name Generator

0
0

Prospective HF managers: Having difficulties coming up with a creative name for your hedge fund? Just visit hedgefundnamegenerator.com . And in case you want to start a hedge fund tomorrow, here are the most liked hedge fund names on that website:
1. SilverStone Partners
2. LiquidStone Group
3. SilverRiver Associates
4. RedHill Sons & Co
5. BlackBay Sons & Co

The difficulty can be seen both in the fact that the random Hedge Fund Name Generator has been around for six years already, and by the increasingly poor choices being made: Dabroes Management. Genius Hedge Fund. 5:15 Capital Management. Point72 Asset Management. And, as this jaunty little video from the Journal notes, Brown Trout Management.

No offense to the guys who work there, but why on earth would someone invest millions of dollars in funds that named Genius Hedge Fund or Brown Trout Management? My hedge fund's name is Green Crescent Advantage. What name did you get?

When will the 80% LTV days come?

0
0

We used to have a pretty good lending relationship that was funding 80% LTV for retail and hotel properties provided of course that the debt service coverage was very strong. However, once the recession hit, this changed pretty fast. Nowadays I am only slowly starting to hear about 80% LTV, but only for property types like multifamily. For the most part 75% is still the max is most asset classes. Anyone seeing any conventional bank lenders (not private lenders) pushing LTV now? If so, what asset classes? What markets?

Is Meritocracy Dead in America?

0
0

Mod note: Best of Eddie, this was originally posted on 8/22/12.

Here's an interesting spin on the class warfare that seems to have grown much worse over the past decade. MSNBC's Chris Hayes opines in his new book that America is no longer a meritocracy, but an aristocracy with a couple hundred million serfs. In a lot of ways, it's hard to argue against that. He makes the point that the ruling elite weren't satisfied just climbing the ladder, they had to pull it up behind them. What do you guys think? Is America still a meritocracy, or are we forever doomed to this inequity?

Webinar: Corpfin Analyst to Top 10 MBA Program, How to Prepare -- 7pm ET, 8/4/15

0
0

WEBINAR DESCRIPTION

On Tuesday Aug 4th 7pm ET Wall Street Mentor Arshan will be hosting a webinar entitled "Corpfin Analyst to Top 10 MBA Program, How to Prepare", with a q&a session to follow. Arshan is an industry veteran with experience in corporate finance.

WATCH HERE

If you missed the webinar, it will be available on the homepage in exactly 1 month, for 24 hours September 4, 2015 before going into the WSO Video Library.

When: 
August 4, 2015 - 7:00am to 8:00am
Event type: 
WSO Webinar
Viewing all 9975 articles
Browse latest View live




Latest Images