Originally Posted by Unregistered (Post 171862)

Don’t get mad. Aint my fault that you’re in Big 4.

Next time just make sure you’re prepared before you pretend to be in FO. It’s really embarrassing.

Originally Posted by Unregistered (Post 171869)

I see your english has improved dramatically. But you need to come up with more adjectives other than "embarrassing".

Oh before I forget, remember to cancel your free trial for WSO/WSP/CFI - but kudos to you, seriously quite impressed with how quickly you managed to download all the above info from the quick IB guide from WSO/WSP/CFI.

Originally Posted by Unregistered (Post 171867)

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.

Originally Posted by Unregistered (Post 171871)

Finally someone that makes sense. I leave the sour grape poster who kept bashing Big 4 people in your good hands.

Originally Posted by Unregistered (Post 171857)

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, it’s 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 you’re in BB FO. It’s really, really embarrassing.

Originally Posted by Unregistered (Post 171808)

LOL, market open? MDW pls. I have no beef with Big 4 people, yea pay is **** but at least they make an honest living. What I can't put up with is you MO/BO shitting on others whom you feel are below you (not necessarily) and flaunt your 8-9k base as if you are gold standard. You won't even have a job or bonus or promotion if the FO guys don't bust their ass to support your cost centre. The truth hurts man.

Who says FO has to be S&T? I'm in M&A. Ever heard of DCF, comps, merger model? hahaha

Originally Posted by Unregistered (Post 171882)

Well, the dude is not entirely wrong. For e.g. Deutsche Bank has a general pool of bankers who do levfin/ M&A transactions. Nobody calls it pro forma modelling btw - it's typically called merger or M&A models. And in M&A, as an analyst, you're mainly churning pitchbooks, buyer lists, comps, financial models. But hey, all that for 10-12k? Sure.

Originally Posted by Unregistered (Post 171880)

This is some funny **** HAHA

Guy literally came in trying to defend b4 but got rekt so hard and so fast. Big 4 rly produce one of a kind leh legit.