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Vexxal posted:I might send trinity a letter to see if they have any of these events. I'd hope so but sometimes UCD is considered more financial. *shrug* It was just a semester of general business courses - it was more traveling around Ireland/Europe than any sort of real focus on school or career. Aren't most undergrad degrees there 3 years? Even if you don't get anything legit out of undergrad you could probably do a masters in the UK or US or something.
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Aug 21, 2011 01:30
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"Management science and information studies" doesnt sound like a real degree to be honest, I would guess youll be better off doing Maths/Econ. edit: also doing something with a strong compsci component will potentially get you typecast into an IT/technology role. You should probably decide whether this is something youd be comfortable with. And if you are, youll probably be better off just doing straight comp sci. But honestly, if you genuinelly enjoy maths then just do maths; you cant really go wrong with that. I dont think Oxford/Imperial/LSE/UCL require STEP, so you could apply to those too. Nodrog fucked around with this message at 02:53 on Aug 21, 2011 |
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Aug 21, 2011 02:34
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Nodrog posted:"Management science and information studies" doesnt sound like a real degree to be honest, I would guess youll be better off doing Maths/Econ. Is the presitigious uni worth the debt? keep in mind irish third level is free and trinity is ranked 15th in the world for maths
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Aug 22, 2011 20:03
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Vexxal posted:Is the presitigious uni worth the debt? keep in mind irish third level is free and trinity is ranked 15th in the world for maths Not many people outside academia will really about ranking for individual subjects, only the university's reputation as a whole. Ive no idea how Trinity is considered by UK employers, but oxbridge/lse/imperial/warwick generally make up a huge proportion of the IB intake (although part of this presumably is because less people from Trinity apply to UK grad schemes, etc). Nodrog fucked around with this message at 07:43 on Aug 23, 2011 |
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Aug 23, 2011 01:58
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I'm hoping this is the correct thread for this. If not, I apologize. I'm just looking for a bit of help. I'm sending out my resume and cover letter to a regional investment bank in hopes of securing a summer internship in 2012. There is no actual posting for the internship, but my father's been working with this group on a big project for a while and gave me the contact information for the/one of the Senior VP(s) at the branch. This is the digital equivalent of a cold call. I don't even know if this firm does internships, I'm just shooting in the dark here. I was filling in the email address and tabbed down to the subject line and drew a giant blank on what to put in there. Any advice? And at that, what would you suggest putting in the body of the email, since my intentions and whatnot are spelled out in the cover letter?
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Aug 24, 2011 02:03
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Vexxal posted:Is the presitigious uni worth the debt? keep in mind irish third level is free and trinity is ranked 15th in the world for maths The difference between Oxford and the rest is that by the time you hit 2nd year in Oxford everyone's already done 80% of a 4 year undergrad and the 3rd is basically master's level courses. And there are a lot of employers who recruit primarily out of Oxford and Cambridge. In the recruitment season there is a bank presentation virtually every day. If nothing else apply apply apply, you can always back out if you don't want to go.
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Aug 24, 2011 02:45
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AJzer posted:I'm using Excel 2010. Sounds like you'd be best suited by creating an Excel Add-in. Just pull out the functionality you want from your Excel sheet and stick it in the add-in. You can then reference the add-in wherever, to access functions to calculate whatever, or pull information from a database, etc. Plenty of tutorials online for creating add-ins as well.
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Aug 24, 2011 05:46
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Probably not the best thread for it, but not sure where it would be. Where would I look for more in-depth explanations of derivatives? I don't know why, but I find them fascinating. I've already read ECONned and How I Caused the Credit Crisis (which actually has excellent explanations of arbitrage CDOs and such, interspersed with all the stripper/drugs bullshit). Preferably ones that are being commonly traded currently.
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Aug 25, 2011 22:17
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Our Gay Apparel posted:Probably not the best thread for it, but not sure where it would be. Where would I look for more in-depth explanations of derivatives? I don't know why, but I find them fascinating. I've already read ECONned and How I Caused the Credit Crisis (which actually has excellent explanations of arbitrage CDOs and such, interspersed with all the stripper/drugs bullshit). Preferably ones that are being commonly traded currently. What types of derivatives are you most interested in right now? Fixed Income derivatives like ABS, swaps and forwards? Options, commodity derivatives (like ETFs), or something like that? Most Finance textbooks have pretty good primers on most of the types.
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Aug 25, 2011 22:23
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for theory hull is your best bet on derivatives, for business/war stories traders guns and money by das is good.
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Aug 25, 2011 22:30
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So I work at a boutique advisory firm as a financial analyst. I kind of like working only roughly 35 hours a week(though I have and don't mind working up to 100 hours a week) and the pay isn't bad for 4 months out of college. Anyone got any career advice? I'm thinking I'm going to sign up for the June CFA level 1 exam. I just don't really know what paths I could take after all of that. Should I stay where I am at until I have the CFA designation and then reevaluate or try to jump ship to a larger hedge fund / BB / etc after two years. I'm fairly clueless and don't have anyone to really ask. Little background is I double majored in mathematics and economics and you can probably guess what school I went to. I had no internship because well lets just blame it on being lazy and the whole market crisis occurring when I was looking for an internship. Thank you. lizardking fucked around with this message at 23:43 on Aug 25, 2011 |
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Aug 25, 2011 23:38
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GO gently caress YOURSELF posted:What types of derivatives are you most interested in right now? Fixed Income derivatives like ABS, swaps and forwards? Options, commodity derivatives (like ETFs), or something like that? Most Finance textbooks have pretty good primers on most of the types. Fixed income. I'll look up the stuff the other guy mentioned, and look around for good textbooks.
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Aug 26, 2011 00:39
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edit: ignore
Nodrog fucked around with this message at 01:44 on Aug 28, 2011 |
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Aug 28, 2011 01:33
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lizardking posted:So I work at a boutique advisory firm as a financial analyst. I kind of like working only roughly 35 hours a week(though I have and don't mind working up to 100 hours a week) and the pay isn't bad for 4 months out of college. Anyone got any career advice? I'm thinking I'm going to sign up for the June CFA level 1 exam. I just don't really know what paths I could take after all of that. Should I stay where I am at until I have the CFA designation and then reevaluate or try to jump ship to a larger hedge fund / BB / etc after two years. I'm fairly clueless and don't have anyone to really ask. Little background is I double majored in mathematics and economics and you can probably guess what school I went to. I had no internship because well lets just blame it on being lazy and the whole market crisis occurring when I was looking for an internship. Thank you. Whatsup future business school buddy.
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Aug 30, 2011 21:40
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Morrissey. posted:I'm hoping this is the correct thread for this. If not, I apologize. I'm just looking for a bit of help. This might be too late - but since you probably have a full semester before they recruit summer interns (if they do) I would email and ask if he could spare a quick call or have coffee or something to ask questions about the profession and his career and any advice and such instead of just cold emailing your resume if nothing is posted and it's not last minute. Then you can follow up later on asking if they are looking to take interns. At the very least (assuming you get the meeting or at least email with him) he probably knows people who do need interns.
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Aug 31, 2011 03:07
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I graduated in May from a non-target (but well-regarded) school with a bachelor's in economics, but a low GPA. I had internships on the buy side, and want to break into the financial world full-time somehow, preferably buy side or PE. I am pretty well connected, and other than the GPA my resume is solid (I think). Any tips? My cover letter skills are unpolished, but I write well. I'm willing to do almost anything to get in at the ground level somewhere.
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Sep 8, 2011 02:30
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wescreweleven posted:I graduated in May from a non-target (but well-regarded) school with a bachelor's in economics, but a low GPA. I had internships on the buy side, and want to break into the financial world full-time somehow, preferably buy side or PE. I am pretty well connected, and other than the GPA my resume is solid (I think). Any tips? My cover letter skills are unpolished, but I write well. I'm willing to do almost anything to get in at the ground level somewhere. This is a really hard situation. Stay on your school's job board and keep spamming resumes. This is the time when I'd really try and think of every contact you and your parents have, and looking for your alumni directory and cold-calling. I'm not sure what else you can do. If you don't find something you might have to consider a masters program that would allow you to recruit again. edit: And also, be realistic. You've already graduated, have a low GPA, and went to a non-target. Do you really think you're going to happen into one of those rare PE/buy-side analyst positions? Most PE jobs out of college are cold-calling anyway. Your best bet might be a small real estate investment company helping with their existing properties and helping do the diligence and analysis on potential acquisitions. edit2: Also calling everyone you worked with during your "internships on the buy side" for anything they can give you. Its Miller Time fucked around with this message at 03:56 on Sep 10, 2011 |
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Sep 10, 2011 03:52
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Its Miller Time posted:This is a really hard situation. Stay on your school's job board and keep spamming resumes. This is the time when I'd really try and think of every contact you and your parents have, and looking for your alumni directory and cold-calling. I'm not sure what else you can do. If you don't find something you might have to consider a masters program that would allow you to recruit again. This is pretty practical advice, but I'd say you also have a more circuitous route - doing temp work and temp-to-perm positions at low levels of areas of finance you'd like to be in. It's no doubt more work and time intensive as you work your way up, but if this is where you want to be, it is doable.
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Sep 10, 2011 04:03
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Apologies if this isn't the correct thread. I've got a interview with a London based Hedge fund for an entry level quant analyst job as part of the Derivatives Trade Compression Team (not 100% sure on what this technically is). Background is just out of Bath doing Fluid Dynamics, no financial background, bit of Matlab/Fortran programming. Is there anything I should really be doing in addition to this - Researched company background and main people to a certain extent. - Trying to get through as much of Crack's "Basic Black-Scholes" and "Heard on the street" as possible. Further with Hull's "Options, Futures and Derivatives". - Reading up on Greece, Euro, general goings on in markets, etc. Does anyone have experience of going through these sorts of interviews?
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Sep 22, 2011 17:43
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Nevitt posted:I've got a interview with a London based Hedge fund for an entry level quant analyst job as part of the Derivatives Trade Compression Team (not 100% sure on what this technically is). That team is responsible for finding ways to "compress" a portfolio of derivatives by recreating the position using fewer contracts. This leaves the resulting position the same but less complex, which can reduce counterparty risk.
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Sep 22, 2011 17:55
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Nevitt posted:Apologies if this isn't the correct thread. I've got a interview with a London based Hedge fund for an entry level quant analyst job as part of the Derivatives Trade Compression Team (not 100% sure on what this technically is). Background is just out of Bath doing Fluid Dynamics, no financial background, bit of Matlab/Fortran programming. Is there anything I should really be doing in addition to this It sounds like you're on the right track in terms of your preparation so far. Keep researching the formulae that you'd likely be using. Be sure that your advanced math skills are up to par though, just to be safe. Good luck on your interview!
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Sep 22, 2011 18:07
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Nevitt posted:Apologies if this isn't the correct thread. I've got a interview with a London based Hedge fund for an entry level quant analyst job as part of the Derivatives Trade Compression Team (not 100% sure on what this technically is). Background is just out of Bath doing Fluid Dynamics, no financial background, bit of Matlab/Fortran programming. Is there anything I should really be doing in addition to this IMO do not worry too much about your lack of finance background - that can be taught, and they won't be expecting you to know. In fact, it can count against you if you claim to know about some particular financial topic and then get it wrong Your interviewer will instead be looking for raw intellectual horsepower and the ability to learn
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Sep 23, 2011 08:03
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One thing I never understood about banking: Say the corporate banking division of a bank says that it offers it's customers structured derivatives products. Say a futures foreign currency exchange hedged against currency flucuation. Who are the actual parties involved? Do they sell to the bank, or another party and the deal is brokered by the bank? Sorry if the question is a little broad, I'm just hazy on a few general concepts and I'm trying to peg it down properly.
Hoops fucked around with this message at 15:25 on Sep 23, 2011 |
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Sep 23, 2011 14:59
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Hoops posted:One thing I never understood about banking: Say the corporate banking division of a bank says that it offers it's customers structured derivatives products. Say a futures foreign currency exchange hedged against currency flucuation. Who are the actual parties involved? Do they sell to the bank, or another party and the deal is brokered by the bank? Sorry if the question is a little broad, I'm just hazy on a few general concepts and I'm trying to peg it down properly. At most banks that would fall under Investment Banking. The Corporate Bankers might use it as a selling point but the actual process of creating a product is done by the Investment Bankers. I worked on an OTC Derivatives sales desk. The bank takes the opposing side of the trade and hedges it on the back end and the product is marked daily.
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Sep 23, 2011 20:23
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I'm going to reach out next week to an alum from my school who's an administrative assistant at a hedge fund. Wish me luck.
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Sep 23, 2011 22:45
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realqueenbetty posted:I'm going to reach out next week to an alum from my school who's an administrative assistant at a hedge fund. Wish me luck. If you have a connection I would ask for the admin to get you in touch with a director or something. Not sure an admin would really be in a position to help you out.
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Sep 25, 2011 01:43
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Maybe not directly, but she could certainly be the one to put in a good word at a firm where I know no one. I cold-called an admin at another hedge fund once and she got my resume to the head of business development. Ultimately, I got turned away via snail mail, but at least I got an audience.
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Sep 25, 2011 07:06
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Would anyone be willing to give me a quick opinion on a presentation I've been working on?  I'm in a case competition and our assignment is to do a PowerPoint on an acquisition target. Having someone take a look at our valuations and thought process would be very very very much appreciated 
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Sep 26, 2011 06:32
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FT Recruiting is looking like an absolute bloodbath for people right now. Thank god I have another year although we could be in apocalyptic hell-scape by then I suppose.
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Sep 27, 2011 00:10
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Thoogsby posted:FT Recruiting is looking like an absolute bloodbath for people right now. Thank god I have another year although we could be in apocalyptic hell-scape by then I suppose. Everyone I've spoken to says they're not going to make any FT hiring decisions until January at the earliest in the BBs.
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Sep 27, 2011 03:47
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Thoogsby posted:FT Recruiting is looking like an absolute bloodbath for people right now. Thank god I have another year although we could be in apocalyptic hell-scape by then I suppose. Confirming its a bloodbath. Evidently a shitload of banks literally pulled apps from school job boards, that's what I've been hearing from all over. Seems to have happened at mine (Ivy, not Harvard/Wharton) as well. Real scary poo poo. Definitely a great time to have an offer. Not my first-choice but in this environment I'll take what I can get.
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Sep 27, 2011 05:48
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Yeah I think I'm starting to see the writing on the wall. I may not even go for Summer Analyst positions and try to work my way into something like the GE Financial Management Program.
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Sep 27, 2011 15:15
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I go to a target ivy and I would say most BBs have pulled their apps and those who haven't have what looks like very limited openings in non-ideal groups. For reference, I had around 12 interviews before I chose my summer internship. It's almost October and I've had 3 interviews. As someone else mentioned, the BB where I interned is waiting a few months to decide whether to extend an offer to me. Last year was completely different for FT. It's looking pretty bleak now.
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Sep 27, 2011 18:26
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Thoogsby posted:Yeah I think I'm starting to see the writing on the wall. I may not even go for Summer Analyst positions and try to work my way into something like the GE Financial Management Program. Pretty sure FMP is more competitive than your run of the mill bulge bracket regional office. edit: And a word on the FT process. Given the backlog of qualified candidates, you really only have a shot if you did a good ibanking summer stint or are a Rhode scholar. I know most of the FT hiring at UCLA even last year was done laterally and informally before the school year even started, as it's completely an employer's market. Its Miller Time fucked around with this message at 19:31 on Sep 29, 2011 |
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Sep 29, 2011 19:29
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Its Miller Time posted:Pretty sure FMP is more competitive than your run of the mill bulge bracket regional office. My schools a big target for FMP. They take 3-4 interns a semester into the rotation and I know two starting full time, 1 in Healthcare and 1 in Capital, in January.
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Sep 29, 2011 21:21
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Jer posted:Would anyone be willing to give me a quick opinion on a presentation I've been working on? Happy to look at if you still need it; PM me
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Sep 30, 2011 07:11
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Fun read on TED from yesterday: http://epicureandealmaker.blogspot.com/2011/09/hard-rain-gonna-fall.html
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Oct 1, 2011 16:15
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TED is quite literally my favorite website and I wish the author was my MD. He's obviously really loving smart, but his writing style just blows me away. I bet he's great to work for. Also I just got an interview from a F500 business strategy group. Which is what I want to do after banking anyways and I haven't accepted my offer yet... Pay is substantially (like 40%) less evidently but the chance of me actually enjoying my early 20s rises substantially. Also ironic is that I worked on a deal for them as a client this summer, but they'd have no way of knowing that as it wasn't on my resume/didn't write a cover letter.
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Oct 2, 2011 05:34
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tolerabletariff posted:TED is quite literally my favorite website and I wish the author was my MD. He's obviously really loving smart, but his writing style just blows me away. I bet he's great to work for. He seems intense and extremely meticulous. Probably a great person to learn from but can be a nightmare with work for. I have an MD who is the most personable guy in the world, but comes up with turns at 2am like there's no tomorrow. Congrats on the interview and offer I would strongly lean toward the strategy offer. If I could take a 40% pay cut and even just work Hope everyone in NYC is ok with the protest and all, my friends at Deutsche are having a hell of a time getting to work.  Thankfully my bank (as most banks nowadays) is in midtown.
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Oct 2, 2011 16:01
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Yeah isn't GS the only bank that has its main offices on Wall? I was regional this summer/NY full-time (if I accept, I'm got to a final round with the strategy job and have a few other interviews lined up) and my bank along with every other I know of is Midtown or higher. Also got yet another interview from a F500 corporate strategy position at a client of the group I interned with, and once again it wasn't something I put in my resume/didn't write a cover letter. Should I be borderline nervous that my group could find out about this? I mean I still have 21 days to accept so I don't think they're allowed to cancel my offer but if they did... well that'd suck rear end.
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Oct 10, 2011 05:16
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