How to recreate Bloomberg using Twitter
You’ve lost your job in banking. You’ve lost your access to Bloomberg. You’re suffering from near-terminal Bloomberg terminal deprivation and you really have no idea what’s going on in the world beyond...
View Article10 crucial cover letter mistakes made by candidates for banking jobs in...
Finance recruiters in Asia say they spend even less time looking at your cover letter than they do flicking through your resume. But while a cover letter won’t, on its own merits, convince a recruiter...
View ArticleMorning Coffee: Work 70 hours a week, earn £230k. Morgan Stanley’s hot...
If you want to earn £200k+, must you work a stupid number of hours? If you ask a mid-ranking M&A banker on a deal, he will probably say ‘yes.’ But there are jobs out there where an income of £200k+...
View ArticleHow long does it really take to pass CFA Level III?
Yesterday was CFA Level III results day. For the first time in a while, the pass rate actually increased: 54% of people passing the third and final exam, more than at any time since 2006, when the pass...
View Article5 questions you must never ask in an interview with Goldman Sachs
You happen to be attending an interview with Goldman Sachs. As a good and diligent candidate, you will know the importance of asking some questions of your own at the end of the interview process. How...
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The top 25 Masters in Finance for getting a job in investment banking
For every available graduate job in investment banking, there are over 40 applications. Goldman Sachs only hires 3% of those that apply for its analyst and associate schemes. It helps, therefore, to...
View ArticleFive things you should do before starting your MBA
For newly-admitted MBAs, it’s nearly time to head back to the classroom. As business school grads told us previously, the work starts fast and can leave many clawing to catch up. It’s advisable then to...
View ArticleMorning Coffee: How to become a famous equities analyst, aged 27. Bill...
How do you make a name for yourself in equities analysis just three years after you’ve left university? Why not try issuing a succession of detailed negative research notes suggesting that investors...
View ArticleGoldman Sachs jobs suddenly filled with outsiders (from Bank of America)
There was a time, not long ago, when a lot of the jobs at Bank of America seemed to be going to ex-Goldman bankers. Ex-Goldmanite Thomas Montag hired in people like Sanaz Zaimi and William Roberts....
View ArticleThe A Level results achieved by bankers at Goldman Sachs, JPM and Morgan Stanley
It’s that day. Thousands of British teenagers are opening their exam results. The more attractive among them are being photographed jumping in the air with delight by national newspapers. The less...
View ArticleAgeing brokers spurning big banks with new trend
Wealth management is an old person’s game, with the average U.S. financial adviser currently over the age of 50. That’s a problem for banks, which need to create contingency plans for when their...
View ArticleNomura hires new trading chief from high frequency trading firm
In theory, investment banks’ traders are looking for alternative career paths. Hedge funds are the obvious outlets and high frequency trading firms, despite their relatively small size, are reportedly...
View ArticleHow M&A bankers describe themselves on their resumes
You work in M&A and are wondering which resume words to use to describe your personality and effervescent enthusiasm for building complex financial models at 2am. Wonder no more. We’ve looked at...
View ArticleQuitting your job: What happens next in banking and trading
Bank employees are, generally speaking, rather transient people. Many bounce around, working at several different banks in multiple countries over their career. But if you’re a junior banker or one...
View ArticleEuropean bankers not needed for banking jobs in Singapore
Singapore may have overtaken Switzerland as the world’s fastest growing wealth management hub, but that isn’t making European private bankers flock to jobs in the city state. Wealthy European clients...
View ArticleMorning Coffee: How to get a job at Brevan Howard now. Could repo traders...
All of a sudden, repo traders are in the spotlight. And it’s showing up a lot of imperfections that no one had spoken of before. It all started with the Wall Street Journal, which published an article...
View ArticleGoldman Sachs just hired someone from Lidl
Goldman Sachs careers rarely start at discount supermarket chains. As we noted yesterday, they’re more likely to start with stupefyingly good A Level grades, followed by a top university, followed by a...
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MBA salary expectations now slightly less delusional
If you shell out upwards of $50k for a top MBA, you expect your earning potential to be greatly enhanced when you graduate. The good news is that, generally speaking, MBAs earn a lot more money when...
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Private equity juniors increasingly toiling for benefit of their highly paid...
Private equity, the promised land. Looming like a large carrot in the peripheral vision of the exhausted analyst in the investment bank, PE promises similar pay, more kudos, more interesting work and –...
View ArticleThe weird and fascinating scuffles involving the 1%
Covering Wall Street from an employee angle is interesting, in part, because rich, smart and powerful people tend to be eccentric in both their professional and personal lives. And rarely are they ever...
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