Q: Big4 - Yearly salary increment - Page 167 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Q: Big4 - Yearly salary increment

Reply
 
Thread Tools
  #1661 (permalink)  
Old 01-06-2021, 05:59 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
So are you changing your vocation again? From BB S&T to M&A to LevFin/Sponsors doing primarily LBOs?

Just answer the question lol
Nobody said S&T or Levfin - I said M&A. Scroll up and read carefully, it will slowly come to you. And yes, we in M&A do merger model to see if the acquisition is accretive or dilutive. I brought up LBO as an example to let you know that you have to create pro forma statements in LBO. There's a key difference between saying the former and actually doing it - maybe your small back office brain can't process it.

Reply With Quote
  #1662 (permalink)  
Old 01-06-2021, 06:01 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Just from this post alone I can tell that you know nothing about M&A. Ok ok you win. From BB S&T to M&A to LevFin/Sponsors.

Big 4 monkey rofl
and you know all about it? Please educate the rest of us then since we clearly are missing something. Mr Know-BO-MO-M&A-LevFin-Fin Sponsors

Reply With Quote
  #1663 (permalink)  
Old 01-06-2021, 06:02 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
What you just described is literally called modelling.

Youíre honestly embarrassing, what a waste of my time.
Exactly - it's called financial modelling. NOT pro forma modelling you imbecile.

Reply With Quote
  #1664 (permalink)  
Old 01-06-2021, 06:09 PM
Unregistered
Guest
 
Posts: n/a
Default

Here goes. Take notes alright, wannabe IBD.

The M&A division typically focuses on cash/stock-based acquisitions. LBO models are primarily (and almost exclusively) referring to PE transactions as it typically involves a huge amount of leverage (this is covered by the Sponsors/LevFin groups depending on the type of transaction).

Pro-forma essentially means an estimate of how the end-product (either a merger or an acquisition) would look like on paper. Pro-forma BS is definitely needed for M&A modelling, but clients sometimes wish to see the combined forecasted IS and CFS as well. Thus, when you went from a S&T banker to an M&A Banker, itís extremely funny for you to think that LBO modelling is your core deliverable and only LBOs require pro-forma modelling rofl

Have fun in Big 4 alright, & stop acting like youíre in BB FO. Itís really, really embarrassing.
Reply With Quote
  #1665 (permalink)  
Old 01-06-2021, 06:11 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Exactly - it's called financial modelling. NOT pro forma modelling you imbecile.
Arenít you in M&A? Getting really sad Big 4 monkeyÖ
Reply With Quote
  #1666 (permalink)  
Old 01-06-2021, 06:18 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Here goes. Take notes alright, wannabe IBD.

The M&A division typically focuses on cash/stock-based acquisitions. LBO models are primarily (and almost exclusively) referring to PE transactions as it typically involves a huge amount of leverage (this is covered by the Sponsors/LevFin groups depending on the type of transaction).

Pro-forma essentially means an estimate of how the end-product (either a merger or an acquisition) would look like on paper. Pro-forma BS is definitely needed for M&A modelling, but clients sometimes wish to see the combined forecasted IS and CFS as well. Thus, when you went from a S&T banker to an M&A Banker, itís extremely funny for you to think that LBO modelling is your core deliverable and only LBOs require pro-forma modelling rofl

Have fun in Big 4 alright, & stop acting like youíre in BB FO. Itís really, really embarrassing.
Wait, where did you see that my main deliverable is LBO? I clearly didn't say that I'm in S&T either. Neither did I say ONLY LBOs require pro-forma statements - I said Pro forma statements (hint: LBO - nothing here mentioned anything about only LBO requiring pro forma statements). You may know the above, but you seriously need to read more carefully.

"clients sometimes wish to see the combined forecasted" Please just stop pretending you have any clients, your stakeholders are only FO who give **** to you.
Reply With Quote

  #1667 (permalink)  
Old 01-06-2021, 06:23 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Wait, where did you see that my main deliverable is LBO? I clearly didn't say that I'm in S&T either. Neither did I say ONLY LBOs require pro-forma statements - I said Pro forma statements (hint: LBO - nothing here mentioned anything about only LBO requiring pro forma statements). You may know the above, but you seriously need to read more carefully.

"clients sometimes wish to see the combined forecasted" Please just stop pretending you have any clients, your stakeholders are only FO who give **** to you.
Donít get mad. Aint my fault that youíre in Big 4.

Next time just make sure youíre prepared before you pretend to be in FO. Itís really embarrassing.
Reply With Quote
  #1668 (permalink)  
Old 01-06-2021, 06:23 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Here goes. Take notes alright, wannabe IBD.

The M&A division typically focuses on cash/stock-based acquisitions. LBO models are primarily (and almost exclusively) referring to PE transactions as it typically involves a huge amount of leverage (this is covered by the Sponsors/LevFin groups depending on the type of transaction).

Pro-forma essentially means an estimate of how the end-product (either a merger or an acquisition) would look like on paper. Pro-forma BS is definitely needed for M&A modelling, but clients sometimes wish to see the combined forecasted IS and CFS as well. Thus, when you went from a S&T banker to an M&A Banker, itís extremely funny for you to think that LBO modelling is your core deliverable and only LBOs require pro-forma modelling rofl

Have fun in Big 4 alright, & stop acting like youíre in BB FO. Itís really, really embarrassing.
And yourself? You went from BO/MO to FO banker wanker in 2 hrs? What are you smoking? Have fun languishing in the Big 4 thread and talking down to others. Parents must be so proud of you.
Reply With Quote
  #1669 (permalink)  
Old 01-06-2021, 06:27 PM
Unregistered
Guest
 
Posts: n/a
Default

Not sure why this thread became bashing big 4 thread. Did the poster get rejected by some girls in big 4 or what. If not, it must be some ex-big4 guys that had a really unpleasant stay there. I cant believe someone from big consulting firms or banks with no experience in big 4 would spend so much time bashing them here.

I am an ex-big 4 here. Its definitely a decent platform for you to grow your career. Lets be professional here. You can be a high flyer and earning big money but i really dont see why we should put down others on their career choices.
Reply With Quote
  #1670 (permalink)  
Old 01-06-2021, 06:28 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
And yourself? You went from BO/MO to FO banker wanker in 2 hrs? What are you smoking? Have fun languishing in the Big 4 thread and talking down to others. Parents must be so proud of you.
Unlike you, I have never pretended to be in FO. Funny that you brought this up though. As someone who claims to be in M&A - your knowledge of IB is virtually nil despite having so much free time in BB FO!

Just stick to Big 4 alright (if you are even in B4). Honestly think youíre way too dumb and cringe even for that lmao
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Salary Increment to be 5.2% Salary.sg Income and Jobs 1 25-09-2021 07:24 PM
Yearly increment Button Income and Jobs 29 06-01-2018 09:43 PM
Annual Increment for Civil Service 2011 bswuming87 Income and Jobs 4 10-04-2011 09:19 PM
Annual Increment 1nch3r Income and Jobs 0 12-11-2010 12:36 AM
Can your Increment beat Inflation? Salary.sg Investments and Net Worth 9 24-04-2008 03:37 PM

» 30 Recent Threads
GovTech ( 1 2 3... Last Page)
1,659 Replies, 477,416 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
5,126 Replies, 1,681,382 Views
Constituency Manager (People... ( 1 2 3... Last Page)
894 Replies, 535,807 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
591 Replies, 358,516 Views
How is life as a doctor in... ( 1 2 3... Last Page)
3,452 Replies, 1,614,967 Views
Career as Teacher ( 1 2 3... Last Page)
4,340 Replies, 2,811,848 Views
DBS tech seed programme ( 1 2 3... Last Page)
1,267 Replies, 353,521 Views
NUS (National University of... ( 1 2 3... Last Page)
151 Replies, 135,885 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
778 Replies, 372,317 Views
Lawyer Salary ( 1 2 3... Last Page)
15,543 Replies, 5,348,315 Views
How much are you earning per annum? ( 1 2 3... Last Page)
13,039 Replies, 4,579,123 Views
SEA (Garena) ( 1 2 3... Last Page)
54 Replies, 45,073 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
4,198 Replies, 1,972,295 Views
ST Electronics ( 1 2 3... Last Page)
2,481 Replies, 691,366 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,497 Replies, 2,761,269 Views
CSA (Cyber Security Agency) ( 1 2 3... Last Page)
375 Replies, 132,151 Views
Comp Science Frsh Grad Salary ( 1 2 3... Last Page)
630 Replies, 128,417 Views
Compare civil service salary ( 1 2 3... Last Page)
13,352 Replies, 7,881,413 Views
High Finance Thread ( 1 2 3... Last Page)
443 Replies, 143,715 Views
Bloomberg/Factset/Re... ( 1 2)
14 Replies, 10,903 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
873 Replies, 269,064 Views
JP Morgan ( 1 2 3... Last Page)
114 Replies, 72,618 Views
Singtel Management Associate... ( 1 2 3... Last Page)
522 Replies, 189,570 Views
OCBC Bank
4 Replies, 300 Views
Fresh grad 2020 ( 1 2 3... Last Page)
53 Replies, 21,219 Views
Whats your net worth ( 1 2 3... Last Page)
2,902 Replies, 1,008,181 Views
Htx ( 1 2 3... Last Page)
60 Replies, 7,882 Views
SLA (Singapore Land Authority) ( 1 2 3... Last Page)
33 Replies, 21,718 Views
CAD (Commercial Affairs Department) ( 1 2 3... Last Page)
205 Replies, 157,627 Views
If you can't find a company here... ( 1 2 3... Last Page)
52 Replies, 6,775 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 05:28 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2