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Wall Street Oasis » Forums » I-Banking Bullpen

Offer decision: GS or GOOG SA Forum's RSS Feed Share

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MF7791's picture
MF7791
    
 
(Baboon, 109
 
Points)
  on 1/30/12 at 7:39pm
Google-Office-Freshome10.jpg

Wondering if I can get some opinions on this decision.

I go to a state school on the east coast, I've grown up on the east coast and never been to California. I am pretty comfortable with NYC and my family is relatively close.

I have 2 offers I am considering, but don't have much time to decide.

GS New York in a middle office Risk Management role supporting IBD. This would be at 200 West, their very nice headquarters.

Google BOLD program in Mountainview at the Googleplex. Role is as a Financial Analytics Analyst. Diversity program.

Thoughts? More info below

These are for summer analyst between Junior and Senior year
Two great names and great companies, I know lots of people at both companies.
I have a strong network at GS, and many of my friends would be living in the city as well.
I am a finance major, and ideally I'd like to continue in financial services.

GS pays more, but has worse quality of life
Google has a 1 hour commute via bus every day from San Fran to Mountain View
I think the work at GS would be more interesting, but life at Google is hard to beat. Both firms offer good mobility within the firm if I chose to move to a different division.

I have been having a lot of trouble with this decision, so any input would be helpful.
Thanks

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Tags:
  • Goldman
  • I-Banking Bullpen
triplectz's picture

I'd go to Google. The BOLD

triplectz
    
 
(Senior Monkey, 76
 
Points)
  on 1/30/12 at 4:12pm

I'd go to Google.

The BOLD program sets you up to be a product manager after graduation, which is an awesome job at a company that looks incredible for grad school. Plus Google has pretty great perks, the Bay Area is really nice, etc etc. And diversity program = networking opportunities. They're gonna make it easy for you. Honestly, I'd consider Google over some SA i-banking positions.

GS Risk is middle office. You're at GS, but...you're in risk.

If you're determined to stay in finance, I guess you could make a case for GS. But if we're just comparing summer jobs, I think this is a no-brainer.

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MMBinNC's picture

Google...all the way. GS may

MMBinNC
     ST
 
(Neanderthal, 2,157
 
Points)
  on 1/30/12 at 4:15pm

Google...all the way. GS may get mad love, but risk management is not even comparable to a role at Google. It would be questionable if it was IBD, but you could always go to GS IBD after the BOLD program, but the reverse or even going from RM --->IBD would be hard.

Reality hits you hard, bro...

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porsche959's picture

Agree with the guy above. The

porsche959
    
 
(Gorilla, 543
 
Points)
  on 1/30/12 at 4:16pm

Agree with the guy above. The only thing shitty is the one hour commute, cant you find a place closer?

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Whiskey5's picture

GOOG then recruit FT for

Whiskey5
     IB
 
(Senior Orangutan, 411
 
Points)
  on 1/30/12 at 4:18pm

GOOG then recruit FT for investment banking. MO won't look as good on your resume, especially if you're a junior.

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Something Creative's picture

Google for sure. Echo the

Something Creative
     AM
 
 
(Senior Orangutan, 494
 
Points)
  on 1/30/12 at 4:38pm

Google for sure. Echo the above statement, get a place closer to their offices rather than live in SF.

"It is hard to fail, but it is worse never to have tried to succeed."

Theodore Roosevelt

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RagnarDanneskjold's picture

GOOG

RagnarDanneskjold
     HF
 
(Senior Gorilla, 988
 
Points)
  on 1/30/12 at 4:51pm

GOOG

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westcoaster's picture

Live in SF, the google bus

westcoaster
     ST
 
(Senior Baboon, 225
 
Points)
  on 1/30/12 at 4:52pm

Live in SF, the google bus stops on Van Ness I think I takes you down for free, they even have wifi and food I heard ... Nobody young who works at google lives in Mountainview or near it, they all move to SF as soon as they figure it out.

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Bernankey's picture

Whiskey5 wrote: GOOG then

Bernankey
     ST
 
(Gorilla, 687
 
Points)
  on 1/30/12 at 5:17pm
Whiskey5:

GOOG then recruit FT for investment banking. MO won't look as good on your resume, especially if you're a junior.

This...and to comment on the idiot who said that Google FO is better---> there is no such thing as google fo

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SECfinance's picture

If I could get a job at GOOG

SECfinance
     IB
 
(Senior Gorilla, 839
 
Points)
  on 1/30/12 at 5:33pm

If I could get a job at GOOG I wouldn't be trying to do banking.

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djfiii's picture

GOOG, no question. I had a

djfiii
    
 
 
(King Kong, 1,009
 
Points)
  on 1/30/12 at 6:08pm

GOOG, no question. I had a similar scenario back in the day (late 90's, I'm old). I grew up in the midwest, went to school in the midwest, had internship offers in Chicago more in line with what I thought I wanted to do, but landed offers at Intel and Microsoft (Santa Clara and Mountain View, respectively). I was the same - had never been to California, had no idea what to expect. I rolled the dice, on the advice of some people in my life that I respect very much, and chose the Intel gig. It was one of the best experiences of my life. I linked up with a few other interns from other uni's, we shared an apartment in San Jose (in retrospect, we maybe should have stayed in SF because we were up there every weekend anyway). Let's put it this way - you might never want to go back home.

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MF7791's picture

Wow, I didn't expect this

MF7791
    
 
(Baboon, 109
 
Points)
  on 1/30/12 at 6:35pm

Wow, I didn't expect this kind of response, I expected WSO to say I was foolish to consider rejecting GS. I do like Google's people better honestly. The only thing I'm worried about is the work at google. I want to emphasize I am not an engineer, I do not code, and the position will be non cs, it will be financial analyst, so the first comment about becoming a project manager is less likely.

Does this change any of the above opinions?

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FatCatBanker's picture

Nope, go to Google every time

FatCatBanker
    
 
(Senior Monkey, 83
 
Points)
  on 1/30/12 at 6:50pm

Nope, go to Google every time in this situation. If it were IBD that'd be a different story, but for risk management...head west!

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djfiii's picture

Nope. Doesn't change a thing.

djfiii
    
 
 
(King Kong, 1,009
 
Points)
  on 1/30/12 at 6:58pm

Nope. Doesn't change a thing. Always keep in mind that what you study in school is like the first 1% of what you eventually learn over the years of being on the job. Just because you haven't been exposed to something at school yet doesn't mean you won't eventually encounter it, and later go on to apply it in your work life.

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jaschen27's picture

Google, ainec

jaschen27
     AM
 
(Senior Baboon, 226
 
Points)
  on 1/30/12 at 7:51pm

Google, ainec

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Something Creative's picture

Still Google. Honestly, I

Something Creative
     AM
 
 
(Senior Orangutan, 494
 
Points)
  on 1/30/12 at 8:27pm

Still Google. Honestly, I wouldn't give a shit if it was GS IB either. Google is a really good opportunity to work in a cool environment and will open more doors for you post graduation. It will look better for b school down the road and gives you a different perspective than the cookie cutter i-bank.

"It is hard to fail, but it is worse never to have tried to succeed."

Theodore Roosevelt

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mikebrady's picture

googs

mikebrady
     IB
 
(Orangutan, 334
 
Points)
  on 1/30/12 at 8:32pm

googs

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villalobos's picture

google is sick as hell, and

villalobos
     CO
 
(Monkey, 33
 
Points)
  on 1/30/12 at 8:44pm

google is sick as hell, and you'll have an awesome summer. if you're worried about the commute, you can live in Mountain View or Palo Alto, but I guarantee that you won't regret spending the summer living in SF.

i had a roommate here in Palo Alto who did the bold program last summer, and he had a blast. he probably would have enjoyed living in SF more, that is if he wasn't so preoccupied with the motorcycle he bought to keep him company during his free time (that you'll have considerably less of at GS)

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GekkotheGreat's picture

GS. If you want to be in

GekkotheGreat
     ST
 
(Senior Orangutan, 458
 
Points)
  on 1/30/12 at 8:57pm

GS. If you want to be in finance, take the shortest route. Risk Management? I think understanding risk is the most important aspect in Finance. Making money is about measuring and taking appropriate risk.
On the other hand, I am not knowledge about the risk group you are with, supporting Investment Banking Division.

Gambler Daily

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go.with.the.flow's picture

GekkotheGreat wrote: GS. If

go.with.the.flow
     EN
 
(King Kong, 1,120
 
Points)
  on 1/30/12 at 9:00pm
GekkotheGreat:

GS. If you want to be in finance, take the shortest route. Risk Management? I think understanding risk is the most important aspect in Finance. Making money is about measuring and taking appropriate risk.
On the other hand, I am not knowledge about the risk group you are with, supporting Investment Banking Division.

wtf

|| Everything to Gain - Nothing to Lose ||

But feeling good and enjoying life are prerequisites to success, not by products of it - Midas Mulligan Magoo

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pikachu's picture

GOOGLE!!!!!!!!!!!!

pikachu
    
 
(Senior Baboon, 181
 
Points)
  on 1/30/12 at 9:06pm

GOOGLE!!!!!!!!!!!!

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wolverine19x89's picture

go to Google and then try

wolverine19x89
     O
 
(King Kong, 1,582
 
Points)
  on 1/30/12 at 9:08pm

go to Google and then try your hardest to get me an internship there ha...

but seriously...

If your dreams don't scare you, then they are not big enough.

"There are two types of people in this world: People who say they pee in the shower, and dirty fucking liars."-Louis C.K.

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IRSPB's picture

Google. Here's the reason

IRSPB
    
 
(Senior Baboon, 226
 
Points)
  on 1/30/12 at 9:51pm

Google. Here's the reason why: you are going to be working with Analytics. Analytics and Big Data are the next great frontier in computing and the next big thing(s). Analytics is still developing and is on the cusp of something big. If you can learn how to work with analytics software, your resume will be gold.

Run with Google and don't look back.

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Banker88's picture

Wow so surprised how everyone

Banker88
     IB
 
 
(King Kong, 1,616
 
Points)
  on 1/30/12 at 9:59pm

Wow so surprised how everyone here says Google. If you want to do finance, I say GS. If you just want a good job and nice lifestyle, then Google.

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TDSWIM's picture

I would go with Google. If it

TDSWIM
    
 
(Senior Baboon, 184
 
Points)
  on 1/30/12 at 10:05pm

I would go with Google. If it was an IBD SA gig, it would be a tough call, but I'd jump on the Google gig for sure.

“I always knew I was going to be rich. I don’t think I ever doubted it for a minute.” – Warren Buffett

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econ_guru's picture

I think Google would yield a

econ_guru
    
 
(Senior Chimp, 26
 
Points)
  on 1/30/12 at 10:17pm

I think Google would yield a far better quality of life...I mean, Google is the dream company of our generation.

BUT - I've heard that the Google FA program is for those who weren't able to land BB internships... obviously this is a generalization, but the notion is out there for sure. I think you'd find yourself of much higher caliber than those around you at Google, but this probably wouldn't be the case at GS.

What an excellent predicament to be in - the two most respected company names in the world.

But yeah - if you want to do finance...why wouldn't you work for GS? Let's be honest with ourselves?

----------------------------
This is God's work.

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lime1945's picture

Wouldn't exposure to Google

lime1945
     ST
 
(Senior Monkey, 88
 
Points)
  on 1/30/12 at 10:24pm

Wouldn't exposure to Google give you more of an edge to get into Goldman Sach's TMT Group after you go to Grad school?

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bonobochimp's picture

Google. No question. You'd be

bonobochimp
    
 
(Senior Chimp, 19
 
Points)
  on 1/30/12 at 10:28pm

Google. No question. You'd be an idiot to pass that up for a MO position.

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Irresistible's picture

GOOGLE of course. They are

Irresistible
    
 
(Orangutan, 253
 
Points)
  on 1/30/12 at 10:35pm

GOOGLE of course. They are ranked the best company to work for.

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Mr. Hansen's picture

You can always get into

Mr. Hansen
     PE
 
(Senior Orangutan, 480
 
Points)
  on 1/30/12 at 10:36pm

You can always get into finance later on. Google is a rare opportunity. It will also be more interesting to talk about during interviews should you decide to go down another path.

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ERGOHOC's picture

******************* Goldman

ERGOHOC
     AM
 
(Orangutan, 265
 
Points)
  on 1/30/12 at 10:47pm

*******************

Goldman Sachs

*******************

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RagnarDanneskjold's picture

I think that this would be an

RagnarDanneskjold
     HF
 
(Senior Gorilla, 988
 
Points)
  on 1/30/12 at 10:55pm

I think that this would be an even debate if it was IBD. MO is a no-brainer. GOOG ftw.

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i hate audit's picture

what do you guys think about

i hate audit
     O
 
(Monkey, 54
 
Points)
  on 1/30/12 at 10:56pm

what do you guys think about BO/MO positions at GOOG? do you get a boost for future jobs/top bschools because its GOOG or are you still just another guy with a BO/MO position?

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happypantsmcgee's picture

Beating a dead horse here but

happypantsmcgee
     O
 
 
(Almost Human, 9,306
 
Points)
  on 1/30/12 at 11:03pm

Beating a dead horse here but GOOG is the answer.

If I had asked people what they wanted, they would have said faster horses - Henry Ford

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Walkio's picture

Google, for sure. MBA options

Walkio
    
 
(King Kong, 1,100
 
Points)
  on 1/30/12 at 11:07pm

Google, for sure. MBA options from there will be really good!

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MF7791's picture

Ah wow I had no idea this

MF7791
    
 
(Baboon, 109
 
Points)
  on 1/30/12 at 11:27pm

Ah wow I had no idea this would get so much attention. Yeah the thing about gs, and why I was initially leaning towards gs was because my network within the firm is pretty strong that I think I could move to IBD if I performed well in risk, I was interviewed for GS IBD, went to accelerated superday in December and it just didn't work out. GS would be closer to my family, and my friends would be over here so I could visit/hang with them.

Google just feels like I'd be leaving so much behind over here, and I'm really unsure if I'd like the west coast honestly. And I initially thought that Google Finance was not at all comparable to a role in Google strategy or product management. But I realize that it is an amazing opportunity that I likely will never again have....

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MF7791's picture

And would MBA's really view

MF7791
    
 
(Baboon, 109
 
Points)
  on 1/30/12 at 11:29pm

And would MBA's really view Financial Analyst as being that impressive? Google does offer a ton of mobility, so I could experience a year of marketing or a year abroad or sales for a year and get a ton of breadth to craft a killer mba app, but I feel like i might learn more at gs in terms of technical skills and honestly professional development.

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damn.analyst's picture

I hope you take Google. There

damn.analyst
     CF
 
(Senior Monkey, 86
 
Points)
  on 1/30/12 at 11:45pm

I hope you take Google. There will be tons of time to get your ass kicked by a bank.

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RagnarDanneskjold's picture

OP: What should I

RagnarDanneskjold
     HF
 
(Senior Gorilla, 988
 
Points)
  on 1/30/12 at 11:51pm

OP: What should I take?
Almost everyone: GOOG
OP: But I'm leaning to GS

haha Anyway, good luck on whatever you choose.

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SECfinance's picture

Banker88 wrote: Wow so

SECfinance
     IB
 
(Senior Gorilla, 839
 
Points)
  on 1/31/12 at 12:20am
Banker88:

Wow so surprised how everyone here says Google. If you want to do finance, I say GS. If you just want a good job and nice lifestyle, then Google.

I'd wager that ~70% of people in finance just want a good job/lifestyle somewhere down the road. Finance is just the safest path to that goal.

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AlsatianCousin's picture

This is a tough situation

AlsatianCousin
    
 
(Senior Baboon, 196
 
Points)
  on 1/31/12 at 12:35am

This is a tough situation that I'd love to be in.

I say Google. I think the people you meet there will help you thrive and grow.

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GekkotheGreat's picture

go.with.the.flow

GekkotheGreat
     ST
 
(Senior Orangutan, 458
 
Points)
  on 1/31/12 at 1:02am
go.with.the.flow:
GekkotheGreat:

GS. If you want to be in finance, take the shortest route. Risk Management? I think understanding risk is the most important aspect in Finance. Making money is about measuring and taking appropriate risk.
On the other hand, I am not knowledge about the risk group you are with, supporting Investment Banking Division.

wtf

GOOGLE!!!!
you still mad? :)

Gambler Daily

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NYC_Analyst12's picture

Google - look backing, I'd

NYC_Analyst12
    
 
(Senior Chimp, 17
 
Points)
  on 1/31/12 at 1:06am

Google - look backing, I'd take a Google offer over GS IBD

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djfiii's picture

Google opens more doors. GS

djfiii
    
 
 
(King Kong, 1,009
 
Points)
  on 1/31/12 at 1:11am

Google opens more doors. GS is a sinking ship, fuck that place, take the GOOG offer and don't look back.

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kmzz's picture

google

kmzz
     O
 
(Gorilla, 617
 
Points)
  on 1/31/12 at 1:59am

google

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TechBanking's picture

I'd say GOOG as well, and

TechBanking
     IB
 
 
(Gorilla, 635
 
Points)
  on 1/31/12 at 2:27am

I'd say GOOG as well, and it's not even close over a middle office position.

One thing to consider is that this is only for 3 months of your life. Part of the point of internships is to try something new and figure out what you want to do post graduation. Take a risk and do something that is out of your comfort zone. You can always get a full time position back in NYC, if you don't like the West coast experience, but maybe you like it so much that you end up out there long term. An internship with GOOG will open up plenty of full time recruiting opportunities in IB or really anywhere else that you'd want to go.

I could actually see a convincing argument that you would have a better shot at GS IB full time coming from GOOG versus GS MO.

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cruel3a's picture

Google, no-brainer since the

cruel3a
    
 
(Monkey, 48
 
Points)
  on 1/31/12 at 4:40am

Google, no-brainer since the GS position is in MO.
I think it will be much easier to explain why you choose google than to explain why you were not able to get a FO job in your junior year.
Then, as other people already said, it is just a 3 months internship and if you don't like the West Coast you can still move back and find a good job in NYC. Btw, this is probably the best chance you can get to try new things and live in new places and recruiters like this kind of experiences.
Finally, If I had to interview you for an IBD position I would prefer to talk about your summer job at Google in California than to talk about what you did at GS Risk.
PS: I'm pretty sure you can make tons of friend in San Francisco...

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Anacott_CEO's picture

Not sure if anyone has told

Anacott_CEO
    
 
(Gorilla, 550
 
Points)
  on 1/31/12 at 8:02am

Not sure if anyone has told you this or not, but Google is definitely a better option. Perks at Google + doors open down the road = no brainer.

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Banker88's picture

SECfinance wrote: Banker88

Banker88
     IB
 
 
(King Kong, 1,616
 
Points)
  on 1/31/12 at 9:14am
SECfinance:
Banker88:

Wow so surprised how everyone here says Google. If you want to do finance, I say GS. If you just want a good job and nice lifestyle, then Google.

I'd wager that ~70% of people in finance just want a good job/lifestyle somewhere down the road. Finance is just the safest path to that goal.

Safest path to that goal? Have you read the news lately bro? I think most people in finance are in it for the potential big bucks down the road, and the ability to make more money faster without having to go to law school or med school, etc.

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Kanon's picture

Google for sure. Even if it

Kanon
     O
 
(King Kong, 1,563
 
Points)
  on 1/31/12 at 9:27am

Google for sure. Even if it was GS IB, unless you've really got your heart set on IB or PE, I think the GOOG gig will definitely set you up for MBA or a very favorable long-term gig there. Or possibly a gig in VC - like Google Ventures.

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sayandarula's picture

go with google. dude why

sayandarula
     O
 
 
(King Kong, 1,318
 
Points)
  on 1/31/12 at 10:05am

go with google.

dude why would you live in San Francisco? screw commuting 2 hours a day. live in San Jose... plenty of nightlife and a much easier commute to Mountain View.

EDIT: i'm boring and lazy and like going to the gym before work so i might be biased.

Money Never Sleeps? More like Money Never SUCKS amirite?!?!?!?

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  • There was much wailing and gnashing of teeth at the close on Friday over the perceived lack of performance in the Facebook IPO. The stock priced at $38, opened at $42.50 (after a few hiccups at the NASDORK), and closed at exactly $38 after an effort by the syndicate members akin to the Spartans at...
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  • Fellow Primates, We are looking for 1-2 students on each campus to help WSO in its sales efforts to student clubs/career centers, and overall promotion at your school both online and on the ground. Below is a description of the position and benefits...thanks in advance for your help! <a...
    WSO Campus Representative Program
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  • I decided six days ago to create a blog, about student life, just to try something new. I was editing the most recent post which is due to be posted at a later time today and decided to share it with all of you first. Hope you enjoy it. Preparing for a New Chapter... Let's just...
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Plus make sure to see my post <a href="http://www.wallstreetoasis.com/blog/how-i-got-a-770-on-the-gmat-with-minimal-effort-while-working-banking-hours%E2%80%A6">How I got a 770 on the GMAT with minimal effort while working banking...
phantombanker's GMAT Study Guide
A week or two ago there was an article written about how your weight might inversely effect you during the hiring process. During the conversation I dropped some personal information about me losing 130 (now 135 pounds). I was PM’d by somebody asking me to tell my story. Well I have some free...
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<em>Mod (Andy) note: </em><a href="http://www.wallstreetoasis.com/blog/phantombankers-gmat-study-guide">Here is the link to his study guide</a> Background: I recently took the GMAT and scored a 770 on my first and only try. Long story short, I studied and took...
How I got a 770 on the GMAT with minimal effort while working banking hours…
Here's my story: I will be graduating this semester from a non-target university, majoring finance and accounting, with a decent gpa (3.5 up). I started networking last summer, searching for that IBD full time offer. I was even considering delaying my graduation for one semester with the...
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There she is again: Diane Sawyer, the primary ABC evening news anchor, with another installment in their interminable series of reports on imports and employment in America. I could just strangle her. One week their (alleged) reporters go to people’s houses and look at everything the occupants...
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Fellow Primates, We are looking for 1-2 students on each campus to help WSO in its sales efforts to student clubs/career centers, and overall promotion at your school both online and on the ground. Below is a description of the position and benefits...thanks in advance for your help! <a...
WSO Campus Representative Program
There was much wailing and gnashing of teeth at the close on Friday over the perceived lack of performance in the Facebook IPO. The stock priced at $38, opened at $42.50 (after a few hiccups at the NASDORK), and closed at exactly $38 after an effort by the syndicate members akin to the Spartans at...
IPO Pricing 101
A common thread we see on WSO from time to time is regarding working for banks in their regional offices. As banks are leaning towards more cost cutting and squeezing every dollar they can from their operations,<strong> a popular tactic has been to expand existing business and move...
Consider your BB regional office.
<strong>End of day update: </strong> <ul> <li>Close: 38.23 +0.23‎ (0.61%‎) and holding stable in after hours trading.</li> <li>Open: 42.05</li> <li>High: 45.00</li> <li>Low: 38.00 </li> <li>Volume:...
Volume of FB Shares Traded today?
I'm going to be an organ donor in the next few months (kidney, to my dad). I'm not at all in it for the glory (except for subtly dropping it when i'm picking up a chick at the bar) BUT should I add this experience to my resume? If so, how and where? If its subtle / small / at...
Add "Organ Donor" to my resume?
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