***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.
So i'm currently studying finance at a university in Sweden. With my first year finished i'm looking to get a part time job for some valuable work experience as well as networking opportunities. However, I have absolutely no prior work experience in the field of bank or support which makes me somewhat of an unattractive employee.
So with my (very) limited work experience, which could be described as irrelevant, I might have a hard time actually finding something. Due to reasons stated I thought maybe there's still a chance, maybe I could try job hunting in unconventional ways.
I currently work at a bulge bracket bank in their retail segment as an intern. I was recently offered a position at a boutique IB specializing in M&A, and would like to have the M&A experience while remaining at the bank I am currently at as I see future opportunities moving up.
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.
I get that it goes like this
Analyst
Associate
VP
SVP (or executive director)
Managing Director
However, what is after Managing Director? Is there a managing director for each 'division'?
This image is supposed to be of Goldman Sachs new structure. Does that mean there is one MD for Debt Writing, one for Equity Writing, one for ICBC, one for Management Fees, etc etc. And that all those MD's report to the heads of their 'division'? So does that mean that the head MD of equity writing, financial advisory, underwriting, and debt writing all report to the MD of the entire Investment Banking division?
Thanks to @In The Flesh for helping me plan this and for getting the discussion going in this thread: SPECIAL WSO Happy Hour: The Re-Return of AndyLouis.
I'm excited to be in NYC (the best city in the world?!) all next week and Friday August 14th I'll be hosting a WSO meet up for all 21+ to join in.
I look forward to meet in person all those that I've talked to via the site, and of course a chance to see again all those whom I've met before.
Who: Any member of WSO + feel free to bring friends as the space we have can hold 50+ people.
What: Informal meet up of the WSO monkey contingent. The NYC meet ups regularly get a group of 25+ people, the majority of which are professionals. I hope this one will double in attendance!
Where: Galway Hooker Pub, back billiards room, http://galwaypubnyc.com, 7 E 36th Street, between 5th and Madison
How to find the group: Mention "WSO" or "WallStreetOasis" at the door and they'll direct you to where we are located.
When: Fri Aug 14th, 8pm - 11pm (or later if people are sticking around)
FAQ's:
Networking? Keep it informal, e.g. don't go around passing out your business card :-)
Dress? Business casual. Awards will be passed out to most overly dressed
Drinking? Definitely
Cover charge? None. Unfortunately it's not open bar though so bring your Sapphire card.
What if I show up late? No worries, we'll be there till at least 11pm
How do I contact you? Any questions email me Andy@wallstreetoasis.com, phone# 206-886-8599
See this post for more info, and recaps from previous meet ups
Ready to tackle the toughest private equity interview questions? Recruiting season is right around the corner and just in time we've released version 2.0 of our popular PE interview Prep Pack.
This new version includes:
- 9 LBO Modeling Tests with VIDEO solutions (15+ hours of content)
- 30+ additional videos integrated throughout the guide
- 5+ webinars and counting from actual PE professionals...
+ much much more...
I am super pumped about version 2.0 since I think we really raised the bar with all the extra video content and video solutions to the 9 LBO modeling tests....and we're not done yet. We're already working on version 3.0 which as always, will be a free upgrade to those that get in now!
Good Luck,
Patrick
ps - for those of you that have already purchased version 1.0, please e-mail Ivy@wallstreetoasis.com your receipt and she'll get you version 2.0 for free within 24 hours!
I've heard from some people that they had trouble finding out how to sign up for this list. Add your name/email to the form below and you'll be notified of future webinars. FYI I email 30min before each webinar with a link to join in + each email includes info for upcoming webinars and webinar rewinds.
I recently received a Business Analyst position at a large firm (I do not wish to disclose) in the branch located in my town. The department is very large and I do not wish to transfer as their are a combination of factors I know here (status at my office , family in my hometown, easier professional mobility, etc.). I want to go back to school for an MBA but the only program in my range is at the school I attended for my undergrad.
We're excited to announce that we have just created a special discount for our investment banking interview Prep Pack customers.
Our new 2015 "Plus" version of the package includes 1 year access to the WSO Video Library ($399 value) and 1 year access to the WSO Company Database ($360 value) for only $100 (which is a whopping saving of $659 vs. buying those resources alone).
This deal is only available to people who purchase or have purchased the IB Prep Pack. New clients also have the option to get the investment banking interview Prep Pack Plus deal by clicking here. Old customers can upgrade by clicking here.
First off : hello everyone in this forum/on wallstreetoasis.
I'm here to read up on things in Finance especially in Hedge Funds because I'm very interested in it generally, so I'm not an expert or anything.
'Tis the season. So far, I've only seen posts on speculation. Would like to get a post started with actual #'s (or percent of salary). Anyone receive numbers yet?
In case you missed them, here's some of last week's most popular topics:
What do you guys think about Fantasy Stock Trading?
Post By @StockDraft.co
I'm a co-founder at StockDraft (FanDuel for stocks) - what do you guys think? Do prospective monkeys want to use this kind of thing?
I like to compare my experience of the Back Office, with one of the final scenes in Lord of the Rings. Towards the end of the Return of the King, there is a moment where Frodo, the hairy footed rapscallion that he is, looks as though he is going to blow everything and keep the one ring for himself. The look on Sam's face at this moment is exactly how I felt every Monday morning at 9AM, trudging through Canary Wharf towards another day in IT. Fear, desperation and above all else, a feeling of helplessness. After a year's worth of applications, I've recently accepted a job in Equity Research and thought I'd give a few tips to anyone else hoping to make the jump.
1. Start applying. All the banks will feed you some bs about 'internal mobility' and how you can move from the Back Office to the Front Office. Speaking from experience, this is rare - it does happen, but it's by no means a certainty. Better to look for entry level jobs at other places, or even summer internships that can then be converted.
WSO is now accepting applications to be a Campus Rep at your school for the 2015-16 school year. We are looking for motivated students with a solid work ethic and strong presentation/communication skills who are willing to commit until May 2016. Phone interviews will be conducted during August and September so get your applications in soon!
Our Campus Reps help us by spreading the word on campus, meeting with and giving presentations to student clubs and organizations, organizing meet ups, social media activity, university partnerships, and other on campus activities. Perks that reps can receive include free WSO guides, free access to our Video Library & Job Board, letters of recommendation from Andy, prize money for the top reps, and more.
Click inside the post for more information and to formally apply>>>
Well, according to Bloomberg, that's true, though likely not as big a surprise to the forums here. What is a bit surprising to me is seeing the complete shift in banking v. technology that is charted in the article and the subsequent breakdown by schools shortly thereafter.
For those in graduate school or simply looking to break into the sell side, how does this sit with you? Is the lure really wearing off or does this mean more opportunity for those previously excluded from the recruiting process? If the latter, what does that say about the industry in general?
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.
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
I am currently in my third year as an analyst at a small investment bank in the Mid-Atlantic. Its a small firm but the two senior guys each did times at much larger banks and I have gotten what I believe to be I solid lower middle market deal experience. Today, I had a discussion about what I would like to do next come May when my third year is up (there is no possibility of promotion upwards due to our the firm's size).
Hi guys,
I have been having trouble getting responses during cold e-mails to non-alumni.
What is the best way to establish common ground during a cold e-mail? For example, I am a non-target student and I try send e-mails to other non-targets. What is the best way to seamlessly put it in the e-mail?
