A Valuation Question - unexpected cash found at Year 0
I recently interviewed with a top M&A house and one of the interviewers asked me this question:"There is a firm with Equity of $100 and EV of $150. If you suddenly found a $200 cash which was...
View ArticleBlackstone-PJT, Lazard, GS 2015 start dates?
I was wondering if anyone knows the FT analyst start date for any of these firms? I goto a quarter school that ends July 1st. Know all the other firms start dates except these 3. Would really...
View ArticleWSO Mock Interviews - Had 10+ Interviews with SA IBD - Looking to Transition...
Is anyone interested in practicing behavioral interviews? I'm transitioning into real estate, but I could help you out with your IB recruiting.*IBD *investment banking
View ArticleClik here to view.
Interview: Not the Usual Question
I am starting a long-term internship at a Middle-Market bank next Monday. I also happened to have a final round at a top BB this week, but the MD who is responsible for hiring decided to spend an...
View ArticleCan EV or Equity Value ever be negative?
Can EV or Equity Value ever be negative? if so in what situations? TV which is negative > 5 year projections? alot of cash on hand?Enterprise value...
View ArticleClik here to view.
Marijuana Deals
Throwaway account for obvious reasons. Rising junior right now. Over the past summer I worked at a boutique investment bank, where I worked on a marijuana deal (legit company, not potheads). Would...
View ArticleThoughts on Evercore?
Hey monkeys,Got an offer from Evercore for Full Time. I was wondering if anyone had insight into what their PE placement looks like at the analyst level, and what their MBA placement looks like further...
View ArticleHigh Turnovers...why even join investment banking?
A question I've always pondered is why do people even decide to joing IBD if they're just going to leave after 2 or so years? The answer to that is likely the fact that it's a stepping stone to other...
View ArticleLast 20 Credits - GPA Visual Manipulation
Cumulative GPA - 3.5 (Displayed on Actual Transcript) Last 20 Credits (Junior / Senior Year) - 3.8 (Calculated by taking last 20 credits...) Major GPA 3.6 Last 30 Credits GPA (Sophmore, Junior, Senior)...
View ArticleFundraising and CapEx
Quick question,assume you're starting a restaurant. You get 125k from shareholders (who claim 35% of stake) and 125k from debt. You use this money to buy all the PP&E. When doing a DCF for this...
View ArticleAdvice on San Francisco IBD recruiting
Hey all,I just finished my IB SA stint with a MM bank in Chicago, Industrials coverage.For full-time I would really like to be in San Francisco. I would prefer tech, but would not mind HC or CR. From...
View ArticleClik here to view.
Excuse for switching firms
Just curious for opinions: I may have an opportunity at another local M&A place where the compensation is much better. Problem is that I have a great relationship with my MD (he's not responsible...
View ArticleFull Time Random Drug Test
I've been working at a bb just curious has anyone full time as analyst ever been random drug tested? Can't say that I ever have since the initial test when I got the jobrandom drug test
View ArticleIBD vs Trading for exit to HF
Which would give me a better and quicker opportunity to start a career at a HF - IBD or a trading desk at a BB? Are there any general paths I should be aware of? Here's what I've heard so far: 1. This...
View ArticleRichard Ivey Students: How Does IBD Recruiting Work At Our School?
I was wondering how most students get their IBD summer placements. Here are a few questions regarding this:1. Do most people get their IBD jobs from applying through the career centre? I see from the...
View ArticleActuarial student to investment banking
Hey there. I completed several actuarial exams and very close to reaching my associate credential as an actuary. I will be getting my master's degree in actuarial science from columbia U soon. If i...
View ArticleAcquisition accounting
Hi guys,Apologies for spamming the forums recently with all my piled up queries about finance.I would like to understand the merger/acquisition accounting. Consider the following example of two...
View ArticleNetworking question - recruiters
I recently had a conversation with a director at a major bank. Towards the end of the call we agreed to grab lunch in a couple of weeks when he gets back from a trip. I also asked if he recommended I...
View Article