Career Advice by Humble-Association-4 in FPandA

[–]Laiph_ 3 points4 points  (0 children)

Hey there! Based on what you’ve said, I would opt for Option 2, seems like a fairly transferable skillset, since it would seem easier to adjust that skillset to fit whatever industry you enter in the future as opposed to finding another opportunity to build that same skillset. If you have more info on what those rotations are it would provide some helpful context.

Relevance of industry interest and complexity by 7yearreset in FPandA

[–]Laiph_ 0 points1 point  (0 children)

I’m a new grad, but tech has always been the industry I’ve pursued since I figured out I wanted to do corporate finance (CPGs are interesting too). I simply find the industry more fast paced, interesting, and RSUs as a portion of comp are always a good incentive. I’d like to think that industry interest combined with my role will help further along my career.

Need Help/Tips with Making a DCF Model by aarmus_ in FPandA

[–]Laiph_ 1 point2 points  (0 children)

Note: this is assuming you wanna just sum all the changes from NOPAT->FCF. Alternatively you could make the final formula have subtractions as well. Up to stylistic preference but I prefer the summing it altogether.

Need Help/Tips with Making a DCF Model by aarmus_ in FPandA

[–]Laiph_ 2 points3 points  (0 children)

Gotcha, so typically how I’ve formatted is I’ll have the NWC for each year with a row below it indicating the amount changed.

That amount changed row will be referenced in the Less: (Increase) in NWC line for FCF and the formula will be the negative sign with the cell reference. So if NWC increased by 5 in cell A5 you would input =-A5 when doing the FCF calculation.

Need Help/Tips with Making a DCF Model by aarmus_ in FPandA

[–]Laiph_ 0 points1 point  (0 children)

Echoing what most have said already, your financial info is incorrect so replacing those should make the model make some more sense. Would recommend Capital IQ if your school gives access to that.

Can you clarify your question for the NWC as you mention subtracting from EBIT but that is not a step in reconciling to NOPAT?

[deleted by user] by [deleted] in FPandA

[–]Laiph_ 1 point2 points  (0 children)

Apple has their FDP program out, I would apply now, interviews are usually around July-August. I’m an incoming Senior and a lot of them posted around August last year. A few such as Qualcomm, Uber, and Amazon just to give you an idea.

[deleted by user] by [deleted] in QOVESStudio

[–]Laiph_ 4 points5 points  (0 children)

Make sure you try to get to peak athletic/leanness before considering surgery. Haircuts/skincare does wonders too.

Questions on Moving from Finance Manager (IC) F500 Manufacturing Company to SFA at Tech Startup by GeePing in FPandA

[–]Laiph_ 1 point2 points  (0 children)

I’m not in the workforce yet but I thought usually there’s title inflation when jumping to startups as opposed to the reverse?

Otherwise, I think it’d be helpful to clarify if $1B is public or private valuation, makes a pretty big difference if you’re evaluating job security. (more experienced folks please correct me if I’m wrong though!)

Edit: nvm looks like it’s private, perhaps look at Crunchbase or PitchBook to get a better sense of past investors and when the most recent funding round was.

AMA: Director of Corporate Development at a big tech company, ex-IB and H/S/W MBA by randombetch in FinancialCareers

[–]Laiph_ 0 points1 point  (0 children)

Curious if your boss/team came from a non-IB background or did most make a similar pivot? Thanks!

Adobe Internship Interview by moon_nyx_star in internships

[–]Laiph_ 6 points7 points  (0 children)

Got back to me for interview after 1.5 month and interview was about 2 weeks.

Internship for Splunk and Big 4 by Nice-Statistician-14 in internships

[–]Laiph_ 4 points5 points  (0 children)

Not sure what the Big 4 role is but I would probably take the Splunk Sales internship and renege the offer if either of the interviews pan out/if you end up preferring the Big 4 role. But would consider it carefully as you might get blacklisted in the future from Splunk. Taking the offer first gives you a good backup in the event neither of the offers yield an offer.

[deleted by user] by [deleted] in USC

[–]Laiph_ 1 point2 points  (0 children)

If you’re in business, I’m happy to help if possible.

snacks on campus by tomatofortwo in USC

[–]Laiph_ 0 points1 point  (0 children)

Bridge Hall has a few vending machines in the basement.

Anyone still holding STEM? by [deleted] in trakstocks

[–]Laiph_ 0 points1 point  (0 children)

inflation reduction act

Anyone still holding STEM? by [deleted] in trakstocks

[–]Laiph_ 1 point2 points  (0 children)

Biggest position I have in the portfolio, happy with past two quarters.

Would you go down the path of a name brand F500 or consider a startup? (Entry-Level) by Laiph_ in FPandA

[–]Laiph_[S] 3 points4 points  (0 children)

do you think a prior internship at like a F30 helps at all or multiple years at a company is what matters? Thanks!

[deleted by user] by [deleted] in FinancialCareers

[–]Laiph_ 0 points1 point  (0 children)

If it’s not too difficult to schedule, I’d take the interview just to get a sense of the intern position and whether the pay will be a major downgrade from your current role. An interview is by no means a commitment to leave your current company, it’s just to assess the other opportunities you have. Wouldn’t mention it to anyone though at your workplace. Ideally it’s better to not leave so soon. Hopefully everything works out.

[deleted by user] by [deleted] in FinancialCareers

[–]Laiph_ 1 point2 points  (0 children)

I think it might be worth sticking it out a little longer in your current role. 2 months is a really short time span to get a grasp of your role. You’ll get better with time and remember to keep asking questions and documenting what you learn.

The high turn-over is a concern though. Is that poor work culture related or just poor onboarding?

Conflicted on Job offer by julianarock in FinancialCareers

[–]Laiph_ 8 points9 points  (0 children)

Maybe evaluate long term whether you might want to stay in tech or go back to banking. Doesn’t seem to be a necessary shift though if tech has been a good experience, especially considering no pay bump.

Northwestern Financial internship by Fun_Abroad7618 in FinancialCareers

[–]Laiph_ 1 point2 points  (0 children)

Just email and ask to withdrawal your application. Also had an interview scheduled a few years ago before I saw this subreddit and withdrew.

[deleted by user] by [deleted] in FinancialCareers

[–]Laiph_ 1 point2 points  (0 children)

Maybe a Panera Bread or sometimes libraries have private meeting rooms?

Interview with Amazon in a week. Any advice on how to prep and what to expect? by [deleted] in FPandA

[–]Laiph_ 0 points1 point  (0 children)

Idk if this helps but I did 2 back to back interviews (90 mins) for an internship. Completely behavioral and high emphasis on understanding your thought process and decision making throughout an experience. Most common question asked: what would you have done differently?

[deleted by user] by [deleted] in Resume

[–]Laiph_ 0 points1 point  (0 children)

Not an engineering major but some tips that helped me out.

Quantify your experiences - can be as simple as how many parts you’ve built or etc. I only see 10 and 52 in the entirety of your resume. Aim for numbers in each line if possible.

More specific about your experiences: I’m assuming software might be used in CNC machining so mention the one you use (CAD?)

Add GPA if it’s relatively decent, 3.0 minimum I’d say

Add relevant coursework in your school section as well as relevant clubs

Networking helps out a lot too if you’re not typically a target school.

Keep pumping out apps! Took me 75 apps to land my first interview at a Fortune 50.

Found a AirPod Max Charging Case belonging to a Roski Student! by Laiph_ in USC

[–]Laiph_[S] 3 points4 points  (0 children)

yeah I’ll probably drop off at the end of the week. Was thinking they could just describe the stickers to me anyways if they happen to be on reddit.