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    I've got an interview with Gleacher Shacklock in a couple of weeks and was wondering if anyone knew much about them? It's for their summer internship. Any advice on what I should be preparing for in the interview itself would be ace as well. I study english at UCL for reference. Thanks.
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      1. Dress very well.
      2. Beyond the usual for boutiques, become a control freak endurance athlete.
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      thanks, interesting. Care to elaborate ben?
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      Just to confirm, this is for IBD, right?
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        Not like they do anything else but advisory.

        And no, I won't elaborate when all you're going to do is beg for it. I expect people to question positively - ie. auto-suggestion.

        I'm never been in the business of spoon feeding and this industry isn't about that either.
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        (Original post by President_Ben)
        Not like they do anything else but advisory.

        And no, I won't elaborate when all you're going to do is beg for it. I expect people to question positively - ie. auto-suggestion.

        I'm never been in the business of spoon feeding and this industry isn't about that either.
        Your inane posts really are starting to get tedious.
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          (Original post by Spurs657)
          Your inane posts really are starting to get tedious.
          The idiocy of most people on this forum has always been tedious. Thankfully, a few people aren't.
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          (Original post by zef99)
          I've got an interview with Gleacher Shacklock in a couple of weeks and was wondering if anyone knew much about them? It's for their summer internship. Any advice on what I should be preparing for in the interview itself would be ace as well. I study english at UCL for reference. Thanks.
          Hey mate, good luck with da interview. Just outa interest, what year r u in as iam @ UCL as well, studying EEE. Which year do u apply for interns in? I'm current in 1st.
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          (Original post by President_Ben)
          Not like they do anything else but advisory.

          And no, I won't elaborate when all you're going to do is beg for it. I expect people to question positively - ie. auto-suggestion.

          I'm never been in the business of spoon feeding and this industry isn't about that either.
          I think begging is probably a slight exaggeration. But essentially I wanted to glean any information others may have about the firm. It's culture, reputation in the industry, interview process, the usual things anyone would want to know about a company when they're about to interview for them, and any other titbits someone might know. I'd understand your criticism about spoon-feeding ben if I were asking about Goldman or JP Morgan as there are thousands of blog inches and career books filled with information on the big guys. Gleacher however is quite a small firm, 30-40 employees in all, so there's not as much online or on paper about them so I was hoping tsr might bear some fruit. I've read as much of the online stuff about them that seemed relevant and their website is fairly corporate and opaque so doesn't provide many clues about the day to day workings of the firm, its reputation in relation to other boutiques or their assessment process. Any input welcome.
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            Dress very well is a big giveaway. Once upon a time, they were the only people in the building who were ties.
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            OP, I'm too lazy to list my full interview preparation ritual on here but assuming you're applying for M&A, here's the basics you need to know:

            Technical Knowledge -

            http://en.wikipedia.org/wiki/Business_valuation
            http://en.wikipedia.org/wiki/Mergers_and_acquisitions

            Wikipedia is actually a great starting point. It'll give you the basic knowledge into valuing companies and why companies merge and acquire. You must know all the valuation methods and the dis/advantages of each. It's also good to learn all the different ways companies can finance deals, and the pros/cons of debt vs. equity vs. cash.

            Company Knowledge - Read their website, and scour Google and the FT, and any other financial/business news sites.

            Commercial Awareness - Again if you read enough, Google and the FT are really all you need here. Learn the inside and outs of at least 3 deals, one should be a big deal that's gotten a lot of press coverage (even after almost a year, lots of people are still talking about Cadbury/Kraft), one should be a deal the company's worked on, and the other can be any deal that interests you. It's not just enough to absorb the facts, you need to:

            -understand the deal rationale
            -have an opinion on whether the valuation was fair
            -comment on if the bidder/target employed the best tactics and anything you think they should have done differently

            This is all in addition to knowing your CV/experiences back to front, and having lots of good examples ready for competency/fit questions, assuming Gleacher does those.
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              (Original post by Zweihander)
              lots of people are still talking about Cadbury/Kraft)

              Really? Wow.
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              (Original post by President_Ben)
              Really? Wow.
              I think you mean http://www.threadbombing.com/data/me...tory_bro_2.jpg
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              They do a lot of BoD advisory, but I haven't seen them in a lead role on large deals this year.
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              People talk of 'cultures' of firms, and I think Gleacher probably has one of the most distinct cultures I've come across. Personally, I really liked it and thought everyone was extremely friendly, but I can imagine some people might feel intimidated by the St. James Square surroundings and the double-breasted suits and Oliver Peoples glasses.

              If the structure is the same as previous years, the first round should consist of a (non-SHL/PSL) numerical as well as a personality and technical interview with their recruitment consultants. For the second interview, be very well read on their deals. They have them listed on their website. They have a group excercise including presentation, followed by a couple of one-on-one interviews. One is personality, one technical. Be prepared to go in depth, depending on your previous experiences.
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              (Original post by Billy_Van_Barzini)
              People talk of 'cultures' of firms, and I think Gleacher probably has one of the most distinct cultures I've come across. Personally, I really liked it and thought everyone was extremely friendly, but I can imagine some people might feel intimidated by the St. James Square surroundings and the double-breasted suits and Oliver Peoples glasses.

              If the structure is the same as previous years, the first round should consist of a (non-SHL/PSL) numerical as well as a personality and technical interview with their recruitment consultants. For the second interview, be very well read on their deals. They have them listed on their website. They have a group excercise including presentation, followed by a couple of one-on-one interviews. One is personality, one technical. Be prepared to go in depth, depending on your previous experiences.
              Fantastic, thank you so much. Seriously helpful. Did you work at Gleacher?
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                (Original post by zef99)
                Fantastic, thank you so much. Seriously helpful. Did you work at Gleacher?
                I feel very sorry for you if you thought that was a big help. It sounds like you're doomed.
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                was that comment really necessary?
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                  (Original post by Teenage Pirate)
                  was that comment really necessary?
                  Could be the push that makes someone do better, aim higher...

                  And it's the truth.
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                  (Original post by President_Ben)
                  I feel very sorry for you if you thought that was a big help. It sounds like you're doomed.
                  Jesus ben, I was only thanking somene for actually giving some helpful information. And yes before you ask I do find that kind of information helpful, because I will now know at least to some extent what to expect when I go in for interview. Everyone can learn valuation multiples and scour the ft for news, but it's very hard to get a sense of the culture at a firm as small as Gleacher's when there is not a lot of information online. So I will re-iterate my thanks to the previous poster as that kind of information is precisely the kind of thing I was looking for. Whilst it obviously doesn't answer all my queries it goes a fair way to answering one of them, and for that I am grateful. There is no need to be so petty about it, what difference does it make to you.
                 
                 
                 
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