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Vault Message Board: Investment Banking

Topic Name: Banking in Toronto
Message Name: ben
Date Posted: 02/25/2000
Message: BEn, cold calling is a great idea. I have done that and if they are impressed with you, most will direct you to places that are looking, guys to call etc. I did that and got 15 names from one guy alone who was impressed by the fact that I took the time to find out who he is, what he does then call him and ask to come down to see him. My experience in doing this is you have to be persistent. IF they say call back in a week, call back in a week at the time they specified, remind them who you are, etc. They may not have time, might tel you to fuck off until next week, then call back next week. If they say they might be hiring in 2 months, call back weekly so they know you are still interested. I have had the book thrown at me, asking me questions as to how to value certain companies, I am in the west so oil and gas is an obvious one, INtel, and internet firms. Questions from valuation methods to how interest rates affect the economy to what does the balance sheet entry "Deferred taxes" arise from. The point is, be fucken prepared! YOu have gotten there time, know your shit inside and out, don't waste the opportunity. This may sound trite, but know something about the firm you are talking with. Don't laugh, lots of people go down, and think they should be hired because they went to Queens. FUck that. KNow about the company, recent financings, m&a, middle market, bulge, jcp's, etc. That is very important. I would be happyu to share some more stuff with you via email, let me know.

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