I have a case study for a IB interview for a wireless remote conditioning monitoring (RCM) systems company.

I am asked to value the business using DCF, comparable quoted and comparable precedent transactions.

1)       Can anyone please advise how I should approach the DCF?

2)       And also calculating the WACC? 

They have provided Revenue, EBITDA and Opex numbers only in the case but then also provided a link to companies house which includes the BS but there is no debt in the business.

Is there any way around PMI insurance if putting less than a 20% down payment?

Does anyone know how to roll options in Fidelity’s app? Recently moved from TDA to fidelity

Any recommendations on credit cards with lounge access? Currently have the Chase Sapphire Reserve which has Priority Pass, but have been turned away from lounges not accepting PP at peak times

My mother is going to get retired from her government job next week and will recieve her one time payout of close to 90 lakhs by the end of the month
The amount is non taxable but any profit earned from the amount will be taxable. Where should the amount be invested?(next 8-10 year horizon)
1. Buying a 3 bhk flat for around 95 lakhs in Sec 31 Gurgaon.
2. Put all the money in FD and live off of interest.
3. She is not very ecstatic about investing in stocks.
4. Gold?

Under contract to buy my first home - house hacking a triplex. Property has been leased by the same three tenants for the last 5+ yrs, rents haven’t been raised since they moved in. Market rents have risen 70-100% in the same timeframe. All seem like ideal tenants (retired and take great care of the units) but I’d like advice on how to approach the rent increase conversation. Rents don’t make/break my mortgage payment but I’m leaving a lot on the table if I don’t increase significantly.

Is anyone planning on trading water futures?

Best place to get pre-qualified for a mortgage?

I have some collections on my credit report. One from an electric company for $800 (imo they violated terms of contract and sent me to collections in spite of their fuck up), and an apartment for $80~ that charged me a cleaning fee when my apartment was spotless.

Despite these two collections have a 712-720 credit score.

So mortgage lenders care at all about the collections or is it mostly the credit score that matters?

(cont)

Trying to figure out my net worth hope you guys can provide some insight. Do you include their home value into their net worth? Do you subtract the value of the home and what you owe on the mortgage?

Freelancers - who’s your tax guy ? I’m very, very confused.

Buying a house for ~900K in one of the Boston suburbs - my household income is ~230K. Am I stretching too far?

What would be a reasonable cost of renting for a single expat dude in Singapore living in decent area ? Would sgd 4K suffice ?

Hi Fishers,

DM me if anybody want to file ITR for last year, I will help you get good refund amount for whatever tax paid or deducted from salary during the financial year.

Fully remote and looking at a bicostal lifestyle. I’ve found some nice long term furnished places, but where can I find a monthly rental for when I’m not at home base. I’ve looked at Enterprise and it’s roughly 2,000 a month for a compact. If I’m going to pay that, I’ll just lease a Urus for 18 months and save one or two hundred😂

Any San Francisco peeps have a good accountant who specializes in taxes for freelancers/contractors?

Is it a good idea to invest in your UK pension fund over the max your employer will contribute/match? This may potentially lower income tax but then one can't really access the pension pot till retirement. Or is it better to invest post-tax income into a stocks and shares ISA to avoid capital gains tax? TIA!

For those with corporate banking expertise, how do you typically go about calculating debt capacity for a company?

Hi fellow fish need some advice.

I'm planning a wedding and wondering if I should apply for new credit cards to maximize on points. If so, wondering what your recommendations are and or if there are new cards out there I haven't heard of yet. For context I probably have another 20k+ in expenses to pay still and my current cards are:

CSP
Marriott Bonvoy Boundless
Citi double cash
Random card (used to be uber)

Anyone know any good mortgage lenders in the DC area or in general? Making a little over 80k, with a 720+ credit score, trying to see if I can get approved for any new home buyer programs. Thanks in advance.

Recently sold my car on carvana. I had initially bought it using a loan from DCU. Now that carvana has paid me the balance after paying of the loan, i still see on the dcu app that I owe money to dcu. People that can relate, can you take me through next steps?

How long of a commute would you consider to be too long? First year associate trying to balance convenience with living more frugally to save up some more money.

What does drug testing look like after you get an offer?

Hi! Does anyone have any Christmas gift ideas for a 30 year old female (currently pregnant)? She loves almost all designer brands, but I’m hoping to keep it under $500... (sister-in-law).

Discuss the pros and cons of a partner who boomeranged out to industry and came back vs. a partner who’s a consulting lifer. Who does better in the long run?

Hello fishies, I have got an offer from S&P for 30LPA with 8.5 YOE . The designation is software engineer and the role is for production support. Is it a good offer or should I renegotiate.

Best consulting firms without the massive ego?

Hi All, just sharing what on mind to vent it out from my system. Maybe with this I could gain some insights and inspiration.
I have been working as a data scientist since 2018 & have been the bread winner. I have neither been under a proper mentor nor with a team of peers from my field to help me out. I was alone and confused. I have never really got the chance to prove myself which makes me all the more depressed. I'm not sure what to do with my future, indecisive and low on confidence.

Goldman fish, does anyone have a view into the total comp and bonus for associates / snr associates? Would be for GM or Ops

Looking for a reasonably priced sound studio in Manhattan (record, mix, good facility with light sound design).Also - any local agents who rep good v/o talent (union and non)? Double thx. DM if pref.

Is there any requirement for Senior Software Engineer?
I am looking for a job change.

Anyone have wrist guard recommendations for weightlifting? I have small wrists and they don’t love a lot of pressure.

Does anyone know the starting salary for Jackson Lewis in the firm's Connecticut office, as well as the billable hours requirement?

Anyone know of any great agencies that work in the purpose/social impact space? I am interested in looking into this area.

Republicans will be the first to lock their gated communities when climate change gets out of hand.

Looking for recs for an outdoor party spot this summer. 20ish people on a Sunday afternoon, chill vibe, not too loud, somewhere people can easily come and go. Best I’ve got so far is Kaiser Tiger or metropolitan tap room. Any others? Thanks!

As all vaccines' efficacy dip over time, I was thinking of getting booster shots of Moderna or both shots of Moderna or Pfizer for my parents (senior citizens) visiting the US from India in Nov.

They have taken both rounds of Covishield a few months ago. I'm looking for data if mixing and matching vaccine types are okay.

Do you guys have Any good books on business? Not those self help books

Anyone looking for WOSB sub? I have a team of experienced data scientists with years of experience. We want to pad our past performance to go after more prime opportunities.

Has anyone who lateraled for an experienced IB role gotten moving expenses reimbursed? If so, how much was it? Thanks

I just received an offer to lateral into banking. How does independence affect the stocks I currently own? If I join and my stocks are on a restricted list will I have to sell them? Or will I be limited to being unable to buy more/sell any during the course of my employment.

Is breaking into equity research/coverage teams as hard as breaking into traditional advisory/M&A IB being from a non target school with a non finance degree?

Current student looking for advice. I interned at RBC Wealth Management last summer and currently have 2 offers for summer 2023 that require a decision next week: 1 for BASF (chemical manufacturing) and 1 for Peraton (defense technology); I am also waiting to hear back from SMBC (S&T), Point72, Lord Abbett, Boeing, and Shell. I hope to break into banking next summer, and I’m interested in the Natural Resources, Industrials, and Real Estate industry groups. Any advice on what to do? Thanks!

Have an internship next summer in a vertical I don’t want to work in and is completely unrelated to where I want to end up. However the firm is strong in PE. To try and break into that side after my internship at the same company, would it be more beneficial to take on a (very small boutique) PE internship or an IB internship this fall?

Directors/MDs, outside of promotion years, what’s been the largest YoY fluctuation in your bonus/TC? What did you attribute to it?

Got laid off in tech corp dev making 250-300 all in. Have an offer to join a fairly new family office investment team in PE buyouts but will be a fairly significant cash pay cut vs what I was making in tech corp dev. I’ve always been interested in doing investing. All things being equal, is there better upside to take the fam office to do PE (at a pay cut for now), or go do another corp dev job? 6-7 YOE

Any recommendations on brushing up on PowerPoint?

I am going to speak with a recruiter at Houlihan Lokey TMT in LA. I would like to know more about the group and its culture. Would love to connect and network🙏

I just graduated from a nontarget in Dec 2020 & am currently interning at PwC before I go back to do my Masters. My initial plan was to accept my full time offer and slowly work my way into IB.

I see postings right now for FT IB analyst programs. Should I even try applying online?

Ik recruiters don’t really read cover letters, but I learned about banking rlly late into college. i’m the daughter of blue collar workers who don’t speak English so I never really knew what jobs were “prestigious”

Does anyone know Barclays Ib summer bonus cycle month?? Thanks in advance

Would tech ib (m&a) be more affected than say Healthcare/pharma ib in an economic downturn?

Say I work in tech and have a decent finance experience. Would my 3 yoe of domain "expertise" in tech make me an attractive bet for the banks Tech coverage team? In other words, does having experience in Tech make me more hireable for IBD?

Hi all!

Could anyone please look at my CV and Cover Letter for IB associate roles? I need someone experienced to look at them before I start submitting.

Thanks!

do i need to have an advanced knowledge of options to get into IBD?
i already have interviews lined up but im focusing more on the financial modeling and technicals, as well we behaviourals

How do you find out who’s “top bucket” and who’s not? Do they disclose this? Also how do you become one?

Closing in on a corp dev offer. I work at a boutique (~10 ppl) where the analysts/associates carry a lot of weight during deals. What is the longest i could push my potential start date back to for this new role? I don’t wanna leave while i’m in the middle of a bunch of things and screw over my current firm. They’ve been good to me