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Alex Mason
What information do you need to know as an aspiring investment banker? Join career-switcher and MBA student Alex Mason as we journey together to uncover the technical (including the famous "400 interview questions") and not-so-technical aspects of the investment banking profession.
How Do You Present Valuation Methodologies To A Client?
It's not enough to do the calculations to understand what you think the valuation of a company is. How do you present this information to a client?For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
08:1130/06/2023
Would An LBO Or DCF Give A Higher Valuation?
Which would produce a higher valuation for a company - an LBO or DCF analysis? Why?For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
08:2430/06/2023
Industry-Specific Multiples
There are more multiples used then the most popular ones, especially when it comes to certain industries. We discuss a few examples in today's episode.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
08:4329/06/2023
Multiples You Should Know
Today we discuss common multiples (valuation ratios) that you should know.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
11:1629/06/2023
Other Valuation Methodologies
What are some other valuation methodologies other than the main three, and when would you use them?For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
11:1128/06/2023
The Three Major Valuation Methologies
Today we cover the three major valuation methodologies:Comparable CompaniesPrecedent TransactionsDiscounted Cash Flow AnalysisFor recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
10:2328/06/2023
Equity Value vs Shareholder's Equity
What's the difference between Equity Value and Shareholder's Equity?For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
06:5427/06/2023
Convertible Bond Dilution Example
How would you calculate the total shares outstanding in the case of convertible bonds turning into stock?For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
12:2327/06/2023
Accounting For Convertible Bonds When Calculating EV?
What are convertible bonds? And how do they factor into the calculation for enterprise value?For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
05:4826/06/2023
Is Negative Enterprise Value or Negative Equity Value Possible?
Is negative enterprise value or negative equity value possible? For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
07:0426/06/2023
Is It Always Accurate To Add Debt To Equity Value To Calculate EV?
We review the concept of debt in the context of equity value.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
04:1025/06/2023
Why Subtract Cash To Calculate Enterprise Value?
Cash is something a business owns...but why do we subtract it in the Enterprise Value calculation? Today we'll discuss why!For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
04:4625/06/2023
How Do You Calculate Fully Diluted Shares?
How do you calculate fully diluted shares when you know the basic share count, the share price, the amount of options, and the exercise price? Today we'll walk through an example.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
10:5224/06/2023
What Are Fully Diluted Shares?
In today's episode we go over the fundamental difference between "basic" and "fully diluted" shares.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
06:0324/06/2023
Enterprise Value Formula
What's the formula for Enterprise Value?EV = Equity Value + Debt + Preferred Stock + Non-controlling Interest - CashWe'll look at each of these terms in order to understand the full calculation.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
08:3423/06/2023
Enterprise Value vs Equity Value
What is the difference between Enterprise Value and Equity Value, and what is most important to consider in the context of an acquisition?For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
08:0323/06/2023
What Happens When Accrued Compensation Goes Up By $10?
What happens when Accrued Compensation goes up by $10?For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
09:2822/06/2023
Depreciation and the Income Statement
Where does Depreciation show up on the Income Statement?Alphabet's (Google's) 2022 annual reportCopart's 2022 annual reportFor recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
07:2222/06/2023
If Depreciation Is A Non-Cash Expense, Why Does It Affect The Cash Balance?
We know that depreciation expenses aren't actually paid out as cash...so why do they affect cash?For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
04:2421/06/2023
Walk Me Through How $10 Of Depreciation Affects The Financial Statements
This is a classic question designed to test your understanding of both depreciation as well as how the financial statements connect together.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
12:0221/06/2023
If I Could Only Pick Two Financial Statements, Which Would I Choose?
This is a variant of the "if you could only pick one financial statement" question. It's interesting to think about. What are the purposes of each financial statement and how do you think about which two you would choose?For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
04:2720/06/2023
If I Was Stranded On A Desert Island, Which One Financial Statement Would I Choose?
There are three financial statements, but which one would you pick if you could only look at one? Why?For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
07:0320/06/2023
How Do The Three Statements Links Together?
We're revisiting the concept of financial statement connections, but at a high level.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
04:3219/06/2023
What Are Some Major Line Items On Financial Statements?
It's not enough to just know what the three financial statements are. How do you think about the various line items within each statement? It's important to understand what they mean.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
05:1419/06/2023
Walk Me Through The Three Financial Statements
How to provide an overview of the three financial statements: Income Statement, Balance Sheet, and Cash Flow Statement.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
06:1416/06/2023
Financial Statement Connections Summary (and Other Notes)
What are the financial statement connections that you *must* know? Also, we discuss re-classification of Gains and Losses.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
12:5915/06/2023
Connections - Depreciation and Amortization
What are depreciation and amortization? And how can we think about them in the context of the three financial statements?For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
08:3914/06/2023
Connections - Borrowing Money and Selling Stock
What are things that happen to the financial statements when a business borrows money or sells stock?For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
08:2313/06/2023
Connections - Paying Expenses
What are things that happen to the financial statements when a business pays expenses?For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
06:4812/06/2023
Connections - Making A Sale
How do the financial statements connect when a business makes a sale?For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
06:5709/06/2023
Connections - The Balance Sheet Must Balance
We'll look at a few connections between the Balance Sheet and the other two financial statements.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
08:3608/06/2023
Cash Flow Statement Basics - Part 2
We cover the three sections you'll find on a Cash Flow Statement: Operating Cash, Investing Cash, and Financing Cash.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
11:4107/06/2023
Cash Flow Statement Basics - Part 1
What is the purpose of the cash flow statement?For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
07:4106/06/2023
Income Statement Basics - Part 3
We look at some different types of operating expenses that businesses have, as well as a brief overview of the five aspects of any business.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
11:0005/06/2023
Income Statement Basics - Part 2
We discuss the various types of profit that you'll see on an Income Statement: gross profit, operating profit (EBIT), and net income.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
11:4002/06/2023
Income Statement Basics - Part 1
What is the purpose of an income statement? And what does it tell you about a business?For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
09:0801/06/2023
Balance Sheet Basics - Part 3
Today we discuss what working capital is and another way to view shareholder's equity.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
11:1231/05/2023
Balance Sheet Basics - Part 2
What are other types of assets we should consider? We also discuss liabilities and the role they play on the Balance Sheet.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
07:0030/05/2023
Balance Sheet Basics - Part 1
We explore the definition of assets and the three types of assets: liquid, productive, and assets for sale.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
09:0929/05/2023
The Basic Equation of Accounting
What's the basic equation of accounting? It's Assets = Liabilities + Shareholder's Equity. We'll explore what each of these terms mean in this episode.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
06:4427/05/2023
Basic Accounting Principles
What exactly is accounting, and why should we care about it? We cover the difference between accrual and cash accounting methods, as well as the principles of consistency, conservatism, and matching.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
15:5525/05/2023
The Four Inevitable Questions Part 3
The last of the four inevitable investment banking interview questions is this:Why do you want to work here in this group?We also cover a few more common questions that may arise.For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
12:2224/05/2023
The Four Inevitable Questions Part 2
We're covering two more inevitable questions you'll hear in investment banking interviews:Why Investment Banking?Why do you want to work here specifically?For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
17:1623/05/2023
The Four Inevitable Questions Part 1
Today we tackle the inevitable question that appears in investment banking interviews as well as general behavioral interviews: Tell me about yourself (Who are you?)For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
15:4022/05/2023
Recruiting Process for MBAs
Today we're going over the general recruiting process for MBA students. I'm just beginning my journey, but here's what I know so far!The process starts in September, but can start as early as May for diverse candidates (ex. Evercore's Pre-MBA process)Analyst > Associate > VP > MDInfo session > Coffee Chats > Formal Interviews > Super Day > OfferMost IB students at MBA programs are done recruiting by JanuaryNetworking, networking, networking For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
15:5216/05/2023
An Overview Of The Industry
Today we're going over a broad view of the investment banking industry.Over 600+ IB firms in America and many more globally. There are about 30 or so bigger firms that recruit at top MBA programsBulge bracket vs Boutique vs Middle Market. Industry groups vs product groupsExpect to work long hours! Especially in Analyst and Associate rolesGeographic LocationsFor recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
19:1715/05/2023
Let's Learn Investment Banking!
Let's talk about investment banking and what this show is all about :)For recruiting help, join the WSO Academy waitlist today!Contact: [email protected]
06:4212/05/2023