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    (Original post by studos)
    what are you talking about, is 1h that long, if your day is going to be 15h?

    even in my second job, we are entitled an 1h lunch break and regular 10min breaks
    The emphasis is on the internship bit, as a full time hire you can afford to do the 1 hour thing sometimes.

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    (Original post by studos)
    indeed, 45 minutes for lunch is so common in most jobs! some people may extend it to 1h sometimes and that's again very tolerable!

    what kind of employer fires someone for that? they could just tell him the exact time for break they want him to do and I am sure he would comply!

    I smell horrible corporate culture and being full of frightened kiddies who live for the money, not many would stay at a workplace like that
    Who needs to spend more than 30 minutes eating lunch? Just eat a sandwich
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    (Original post by Trapz99)
    Who needs to spend more than 30 minutes eating lunch? Just eat a sandwich
    you can even adjust an injectable serum (that dilution they put to patients in hospitals) to feed yourself intravenously so that you won't spend time to eat

    I am sure your seniors will have an erection with your obedience and your existence will derive great gratification from their enjoyment
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    (Original post by Princepieman)
    What's the European grad to UK grad split in IBD at your bank? I've heard everywhere from they're the minority (30-45%) to they're the majority (60-70%+).

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    Really? I would say only a quarter are European, all from top business schools.
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    (Original post by studos)
    you can even adjust an injectable serum (that dilution they put to patients in hospitals) to feed yourself intravenously so that you won't spend time to eat

    I am sure your seniors will have an erection with your obedience and your existence will derive great gratification from their enjoyment
    :lol: best post i've seen from you so far
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    (Original post by studos)
    you can even adjust an injectable serum (that dilution they put to patients in hospitals) to feed yourself intravenously so that you won't spend time to eat

    I am sure your seniors will have an erection with your obedience and your existence will derive great gratification from their enjoyment
    LOOOOOOOL, great post as always studos.

    (Original post by Sayed0123)
    Really? I would say only a quarter are European, all from top business schools.
    Yeah, some firms are pretty euro heavy. Thanks for the datapoint, didn't realise it varied so much aha.
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    (Original post by studos)
    you can even adjust an injectable serum (that dilution they put to patients in hospitals) to feed yourself intravenously so that you won't spend time to eat

    I am sure your seniors will have an erection with your obedience and your existence will derive great gratification from their enjoyment
    LOLOLOLOLOLOLOOOOOOOOOOOOOOOOOOO L

    Princepieman and a minute after posting this he went on the other thread and asked about applying for CS internships.
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    Feel free to ask any questions guys but I'm going to wait until next weekend or the weekend after that to answer them. Hope that's okay
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    (Original post by Princepieman)
    The emphasis is on the internship bit, as a full time hire you can afford to do the 1 hour thing sometimes.

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    He's right though. It's a pretty egregious example of a face time culture, regardless of whether one is an intern or not. There's no reason taking an hour for lunch should be problematic, unless the work is substandard in quality or quantity (which has not been implied).
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    (Original post by Sayed0123)
    Feel free to ask any questions guys but I'm going to wait until next weekend or the weekend after that to answer them. Hope that's okay
    Hey - firstly, great shout by starting this thread, very helpful (y)

    - How similar is the job you do now to what you experienced on your SI (you mentioned you got a conversion)

    - Was the BB you currently work at the only conversion/grad offer you received? If not, what were the types of boxes that this BB ticked in making you pick your current position over the other offers? Ie (eg company performance, prestige in business area etc etc)

    - What are the 3 most common professional/technical skills you do in your work as an M&A analyst on a day to day (eg accounting, modelling, report writing, coding, reading etc etc)

    - Is there a clear mindset of your grad class to do the standard HF/PE as an exit opp or are majority planning on sticking it out in M&A - Interested to see if people are using M&A as a step ladder to shift to buy side roles or whether they actually 'enjoy' m&a

    - Is there any advice you can give to doing well in ACs - is there anything that is specifically sought after?

    - Boutiques or BBs in terms of applying for grad roles/interships - read that work is near enough the same but there is an apparently big difference working at the 2. is that true?

    - product group vs industry group, I understand that the sectors are specific within industy groups but as an M&A analyst,do you cover all areas of industry (ie model on behalf of all industry groups) or do you cover a specific sector too? Never fully understood why there would be a seperation.

    Lastly, when you do go and see clients (would you even do this as a 1st year?) how much exposure do you get to actually interface with them?

    Thanks so much
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    (Original post by tazza ma razza)

    - Boutiques or BBs in terms of applying for grad roles/interships - read that work is near enough the same but there is an apparently big difference working at the 2. is that true?

    - product group vs industry group, I understand that the sectors are specific within industy groups but as an M&A analyst,do you cover all areas of industry (ie model on behalf of all industry groups) or do you cover a specific sector too? Never fully understood why there would be a seperation.
    These were covered beforehand.

    For the second one, the M&A group is basically like an execution service for industry groups. So after pitching and locking in on a deal the industry groups would bring in M&A to help see through the execution aspects (i.e. not just modelling) of the deal, whilst industry does the negotiations with the client directly etc.

    As for the Elite Boutiques, Sayed didn't mention this, but there's a lot more exposure to senior level bankers as teams tend to run leaner. Class sizes are also much smaller, which may mean either closer bonding or fewer networking opportunities (depending on your point of view). Some EBs (e.g. Centerview) pay above street too.


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    (Original post by Princepieman)
    These were covered beforehand.

    For the second one, the M&A group is basically like an execution service for industry groups. So after pitching and locking in on a deal the industry groups would bring in M&A to help see through the execution aspects (i.e. not just modelling) of the deal, whilst industry does the negotiations with the client directly etc.

    As for the Elite Boutiques, Sayed didn't mention this, but there's a lot more exposure to senior level bankers as teams tend to run leaner. Class sizes are also much smaller, which may mean either closer bonding or fewer networking opportunities (depending on your point of view). Some EBs (e.g. Centerview) pay above street too.


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    Whoops - typed the message en route to the gym so didn't have time to read the whole thread first - probs should have tho lol many thanks tho Prince (Y)

    Ah right ok - I was aware that boutiques are closer knit (both for Intern classes and actual staff) than a BB; as you say, i actually saw it as limited networking opportunity although you were probably networking with specialists in the product/industry area they operate in and wanted Sayed 's POV on this if this was actually the case, which could work against you especially when you're starting up in your career ie internship or grad positions

    Never the less, i'm much obliged for your clarification
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    (Original post by Sayed0123)
    You won't believe how many interns do stupid things though. When I was interning, there was one guy who hardly talked to me or anyone else, and there was another guy who spent an hour eating lunch every day. I can't believe it, but somehow the bank let him complete his internship fully before telling him that he had no chance in hell of getting an offer
    I encourage interns to take lunch and go for an hour if they need to. Obviously they never because they think it's a trap.

    I'd rather an intern take an hour to eat and refresh when it's less busy (or they're waiting on a reply which usually takes hours) and be efficient than to not take breaks and email work back with mistakes all over it. That would annoy anyone.

    Just because someone isn't speaking much and gets on with their work doesn't mean they're less competent. I actually prefer interns that listen and talk less and actually get the work done.

    There's no culture in banking or firms as a whole. Culture only exist in smaller groups and teams. Hence, you get douchebags who wont give hardworking interns the lunch and rest hour that they deserve, or put an intern down because they're an introvert.
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    (Original post by GoldmanSucks)
    I encourage interns to take lunch and go for an hour if they need to. Obviously they never because they think it's a trap.

    I'd rather an intern take an hour to eat and refresh when it's less busy (or they're waiting on a reply which usually takes hours) and be efficient than to not take breaks and email work back with mistakes all over it. That would annoy anyone.

    Just because someone isn't speaking much and gets on with their work doesn't mean they're less competent. I actually prefer interns that listen and talk less and actually get the work done.

    There's no culture in banking or firms as a whole. Culture only exist in smaller groups and teams. Hence, you get douchebags who wont give hardworking interns the lunch and rest hour that they deserve, or put an intern down because they're an introvert.
    You sound pretty senior, would you ever be up for an AMA?

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    What social and technical skills do you think are important in M&A or Finance in general?
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    Redacted
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    (Original post by jon2016)
    what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored what are your hours ?? I asked before and you ignored

    what are your hours ?? I asked before and you ignored
    Seriously? He's answered this one the first page ffs
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    (Original post by jon2016)
    x
    Or you can't read..


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    (Original post by lolatmaths)
    Seriously? He's answered this one the first page ffs
    saying he has a few hours free time is not the answer I was looking for
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    (Original post by jon2016)
    saying he has a few hours free time is not the answer I was looking for
    as an analyst 9-1/2 is the norm
 
 
 
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