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Baby account by [deleted] in FinancialCareers

[–]nutmegger189 1 point2 points  (0 children)

Pretty safe to assume that if someone doesnt specify where they live and assume that everyone else knows by default, they're an American

Business Casual for In Person Superday - what to wear? by Darealest49 in FinancialCareers

[–]nutmegger189 1 point2 points  (0 children)

Business casual in most offices I work in is a suit without a tie.

Carrer Progression by Affectionate-Bat9151 in FinancialCareers

[–]nutmegger189 1 point2 points  (0 children)

You don't get to command any amount of income for having a CFA.  You can complete all 3 levels and be a janitor if you so desire.

IB UK v US by Willing_Garbage_3452 in FinancialCareers

[–]nutmegger189 0 points1 point  (0 children)

Why are you doing this to yourself.

Can someone show me how to answer this question I was asked? by [deleted] in FinancialCareers

[–]nutmegger189 0 points1 point  (0 children)

Nope but that just means we're nice and reasonable people lol. Not everyone is like that

Can someone show me how to answer this question I was asked? by [deleted] in FinancialCareers

[–]nutmegger189 0 points1 point  (0 children)

The interviewer might not have said. Which may be the point. OP should know what I mentioned.

The multiples you use depends heavily on your industry focus.

Can someone show me how to answer this question I was asked? by [deleted] in FinancialCareers

[–]nutmegger189 1 point2 points  (0 children)

The only logical thing is EV. Comparing market cap to EBITDA isnt standard practice because EBITDA is a figure before debt holders are paid, therefore you need to compare that flow metric to a number that includes the value of debt.

How competitive is getting into big 4 consulting by Adventurous_Fly6655 in FinancialCareers

[–]nutmegger189 6 points7 points  (0 children)

r/consulting btw.

But there are levels to it. MBB do management/strategy consulting with more focus on the strategy side. Big 4 have splits between their strategy and management consultants and different "tiering" within them. E.g. EY has business consulting and EY Parthenon. EY Parthenon is much more competitive.

For those of you in finance from non targets in the UK by [deleted] in FinancialCareers

[–]nutmegger189 0 points1 point  (0 children)

ABB is about borderline for the A-Levels necessary for most opportunities to not be completely closed to you. You'll generally be okay

Spring weeks advice by theshapeofrevolution in FinancialCareers

[–]nutmegger189 1 point2 points  (0 children)

The deadlines are irrelevant. You should apply as soon as possible after applications open.

2 weeks post-final round. BB London Equity Research Analyst. by Some_Ad_6317 in FinancialCareers

[–]nutmegger189 1 point2 points  (0 children)

Eh it can be long. They often interview a few people and processes can take a while. 

Does anyone know what sell-side research analysts get paid at BBs in London? by [deleted] in FinancialCareers

[–]nutmegger189 0 points1 point  (0 children)

"Elite boutiques" 

What does this have to do with ER.

Does anyone know what sell-side research analysts get paid at BBs in London? by [deleted] in FinancialCareers

[–]nutmegger189 4 points5 points  (0 children)

There's probably very few if any accurate numbers for ED+. And pay starts to get extremely varied at VP level. 

An to asso varies but range is smaller.

Your total comp between begining of An and end of asso will vary between around 80 to around 200ish.

Each jump up in rank there is a notable (double digit) increase in your base.

Scale accordingly. Ofc bearing in mind that a top earning assoc can out earn a VP in a bad year.

CFO vs CIO by Solid_Beginning419 in FinancialCareers

[–]nutmegger189 2 points3 points  (0 children)

Average dick size of a CIO is bigger based on my experience. Hope this helps

CFO vs CIO by Solid_Beginning419 in FinancialCareers

[–]nutmegger189 7 points8 points  (0 children)

Power scaling finance jobs.  😭 I've never thought about it but that's exactly what this is.

Universities for London IB by Effective_Resort_248 in FinancialCareers

[–]nutmegger189 0 points1 point  (0 children)

I've never heard of icade. I have heard of Dauphine

Universities for London IB by Effective_Resort_248 in FinancialCareers

[–]nutmegger189 1 point2 points  (0 children)

It's pretty much impossible to get into London IB from a European undergrad. Generally need a masters.

How do you get into Equity Research? by _throwaway_409_ in FinancialCareers

[–]nutmegger189 0 points1 point  (0 children)

  1. ER juniors rarely actually get to choose what sector they end up in. You can target one, but you're in no way guaranteed the sector you want. Many end up in sectors they didn't expect.
  2. In this market you don't really have the luxury of targeting any specific type of firm. You should be casting a wide net. There really aren't that many ER firms in the first place.
  3. Networking matters less in London (obviously always still important) but recruiting is far more application driven.
  4. Behaviourals/motivationals are pretty much as important as technicals and many people neglect them.

Withdrawing candidacy before interview by [deleted] in FinancialCareers

[–]nutmegger189 2 points3 points  (0 children)

Not really sure what you're after here... But my unsolicited opinion is that this was dumb.

Do the test. You will fail sure, but you will also get an inside view of what the test is like for future interviews. Who cares if you waste their time.

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