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.



Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


Bursa Stocks Android App - check share prices
Bursa Stocks [Android] App - check latest share prices on the go


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
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
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
10,515 Replies, 3,811,106 Views
Compare civil service salary ( 1 2 3... Last Page)
15,520 Replies, 11,042,789 Views
ITE (lecturer) ( 1 2 3... Last Page)
264 Replies, 324,251 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,802 Replies, 1,098,396 Views
Career as Teacher ( 1 2 3... Last Page)
8,520 Replies, 5,186,264 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,502 Replies, 792,167 Views
ST Electronics ( 1 2 3... Last Page)
3,343 Replies, 1,192,443 Views
How much CPF do u have? ( 1 2 3... Last Page)
78 Replies, 53,227 Views
Band 4 and Band 5 in Standard... ( 1 2 3... Last Page)
56 Replies, 128,691 Views
Lawyer Salary ( 1 2 3... Last Page)
19,503 Replies, 8,723,011 Views
How much are you earning per annum? ( 1 2 3... Last Page)
14,067 Replies, 6,015,720 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
4,749 Replies, 3,964,705 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,328 Replies, 3,939,994 Views
Civil/Public Sector -... ( 1 2 3... Last Page)
422 Replies, 347,423 Views
IMDA (under MCI) ( 1 2 3... Last Page)
601 Replies, 312,622 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
431 Replies, 209,943 Views
Tech bros...how is your market... ( 1 2 3... Last Page)
52 Replies, 8,911 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
5,486 Replies, 3,126,525 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,187 Replies, 897,520 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
1,194 Replies, 946,664 Views
Roles in accenture singapore ( 1 2 3... Last Page)
6,416 Replies, 1,750,873 Views
Career as SIA Overseas Scholar
5 Replies, 718 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
275 Replies, 128,909 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
1,234 Replies, 580,639 Views
GovTech ( 1 2 3... Last Page)
3,835 Replies, 1,446,763 Views
What are BAND 5 positions -...
8 Replies, 1,050 Views
MOM(ACE) offers good career... ( 1 2 3... Last Page)
100 Replies, 49,146 Views
Work culture in IHiS ( 1 2 3... Last Page)
464 Replies, 363,165 Views
How is life as a doctor in... ( 1 2 3... Last Page)
5,533 Replies, 2,663,130 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
248 Replies, 278,926 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 05:56 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2023, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2