A trend is emerging among some investment banks, where case studies are becoming a component of the interview process. In today's episode, we discuss:why case studies can be relevant to investment banksthe two structures of case studies I've observedhow to approach preparation for case studiesFor recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

Today's episode features a conversation with finance consultant Jason Lum. Jason worked his way up to several high-finance roles - including a banking role at CIBC - from his time as an undergraduate at a non-target university in Canada. We discuss several aspects of the recruiting process, including:- using 'bridge' roles to land your IB job- the importance of combining networking with relevant experience- how to bounce back from a superday disaster!To connect with Jason, check him out at: https://jhlconsultinggroup.ca/ or on Linkedin: https://www.linkedin.com/in/jason-lum7/For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

Today we'll look at a real deal pitch example for a deal that's happening in the market right now. We cover the basic facts of the deal and what things you can point to in terms of the strategic rationale for the acquisition.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

Getting the typical "why investment banking" question is expected, but what if your interviewer expects you to go deeper?You might get asked for a deal pitch! Today we cover the basics of how to structure an answer to the question "pitch me a deal"For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

What does it take to become an investment banking analyst? When you do you need to start the process, and how do you keep track of so many deadlines?In today's conversation, I speak with Larry B Oliver. As a current IB analyst, Larry has experience navigating the analyst recruiting process and offers tips on how to best navigate it.Larry also runs The Pulse newsletter, a free resource helping aspiring bankers (and others in adjacent fields) stay on top of deadlines. Check it out in the link below:The Pulse Newsletter -- (beehiiv.com)For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

When a company mergers with another business or acquires a business, there is a standard process that investment banks go through to get the deal done. Today we explore these six steps.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

Today we discuss some common valuation ratios for investment bankers!For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

It's time to reflect on my summer internship in investment banking! Here are the high level lessons I learned.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

We’re back! A quick update for y’all.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

Aside from the basic three methods of valuing a company, here are a few other valuation methodologies you should know.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

Today we cover the three major valuation methodologies!1. Comparable Companies2. Precedent Transactions3. Discounted Cash FlowFor recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

You might know the basic equation for calculating enterprise value already. But how do you account for convertible bonds as part of that calculation?For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

Let's learn how to calculated fully diluted shares for a company using something called the Treasury Stock Method.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

Let's break down enterprise value together today!For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

Goodwill is one of those weird accounting concepts that doesn't come naturally at first. But it's super important and not that hard to understand once you break down the underlying logic of it. Today we'll learn about goodwill! It's critical for investment bankers to know, particularly in the context of mergers and acquisitions.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

What is EBITDA and why do we care about it as investment bankers?For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

What's the difference between GAAP and the ambiguous "Non-GAAP" earnings that we often see in company financials? For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

Capitalizing a purchase vs expensing it can be understood by looking at the differences between the Income Statement and the Balance Sheet. Let's check it out!For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

I used to think that when a business "made money" it was the same thing as earning revenue, as well as collecting cash. But then I realized I was wrong. Today we cover a basic accounting principle that's important for investment bankers to understand when looking at financial statements.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

When an asset gets written down in value, how does that impact the financial statements? What happens when debt gets written down too?For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

What does it mean for capital to be "working"? Today we unpack this concept, which is plays an important role in understanding the balance sheet, cash flow, and projecting cash flows in a DCF model.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

Can Shareholder's Equity be negative on the balance sheet? And if so, how?For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

What happens when a company sells a product, and how are the financial statements impacted? We'll assume the product is sold for $20 and it costs $10 make.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

What happens to the financial statements when a company buys a factory with debt? We'll look at this scenario at Year 0, Year 1, and the end of Year 2 / start of Year 3.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

How do you account for changes in the financial statements when inventory increases by $10?For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

How does accrued compensation work on the financial statements? Today we'll work through a simple problem to find out.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

Let's put our knowledge of financial statements and depreciation to work to solve a simple investment banking accounting question.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

Depreciation and Amortization always seems like funny concepts to me, but now that I have studied them in more detail I understand why they exist.Today we'll go over the basics of what D&A actually are and why they matter.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

We covered what the three financial statements are, and their most basic components. What how do they connect to each other? We'll cover some of the major connections between the three financial statements.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

Today we're talking about the fundamentals of the cash flow statement! (my personal favorite)For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

Today we're covering the fundamentals of the Income StatementFor recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

It’s time for Day One.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

Today we explore the fundamentals of the balance sheet!For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

How to do final preparation before starting your internship!For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

A quick update on life, and where I’m interning this summer!For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

What are the different levels of responsibility of an investment banker?For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

What types of banks exist in the U.S? Today we'll talk about three broad categories:Bulge BracketsLarge IndependentsSmaller IndependentsThanks for enjoying this episode via audio or on YouTube!For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

As Investment Bankers we certainly don't have to know the finer details of accounting - what we do have to know the basics! Here are some of the essential concepts we should know as investment bankers.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

What's the difference between a coverage and a product group at an investment bank? Today we'll learn the basics.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

Matthew Farquhar started out as an undergrad in Canada trying to figure out how to break into Investment Banking. At first, it wasn't going well.Unanswered emails, coffee chats that went nowhere...not to mention he was coming from a "non-target" university.Fast forward several months, and he landed a prestigious Investment Banking internship in the US.Now, Matthew helps other students like him break into banking with his firm, FR Consulting. Today we learn about what mistakes Matthew made in his recruiting process...and what he learned to do right.https://www.linkedin.com/in/farquharmatthew/?originalSubdomain=caFor recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

It's not enough to know your story and to know why you want to go into Investment Banking. It's important to have clarity about why you want to work for *a specific bank*.How do we answer this question? For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

Today we answer the fundamental interview question "Why Investment Banking?"For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

Tell Me About Yourself - The Pitch!Quite possibility THE most important interview question.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

Today we have a special episode of an interview with Sandy Li. Sandy is a Wharton alum, former investment banker, and recruiter. She currently works as an executive coach teaching important skills like executive presence and discovering your unique value proposition.I thoroughly enjoyed the conversation and have listened to this multiple times for my own learning. Enjoy!Learn more about Sandy at: https://www.sandyliexec.com/For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

Five Reasons Not To Pursue Investment BankingFor recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

What exactly is investment banking?For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

We're on YouTube now!!:)For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]

Quick update on the showFor recruiting help, join the WSO Academy waitlist today!Contact: [email protected]