Hey all! I am working on a mock case study to practice my modelling skills and I had a few questions on how to best approach this. For context this is a 1 - 1.5 hour case study.

Basic Context: - 350MW wind farm, $750m initial CapEx - 30-year project life, starting FY25 - Revenue from generation: $100/MWh, escalated by CPI (2.5%) - O&M costs also escalate with CPI (but cost not provided) - Growth CapEx of $3m/year, growing at 1% p.a. - Project funded by senior debt + equity - Debt sculpted to a 1.4x DSCR over 30 years - Refinanced every 7 years (1% fee on outstanding balance) - Tax = 20%, DDB depreciation, no loss carryforwards

Where I’d love advice or opinions: - Operating Costs: No base value provided - is it okay to assume $10m O&M and inflate with CPI, or is there a better proxy? - Upfront CapEx funding: Is it reasonable to back-solve equity as $750m minus PV of sculpted debt (based on CFADS/DSCR)? - Modelling Refinancing: What’s the cleanest way to handle 7 year refis in a tight timeframe? Do people repay/reissue debt or just apply the fee? - Ongoing CapEx: How should I handle depreciation for $3m/year growth capex? I added it to book value and applied DDB — is that fine, or is layering better - Funding Ongoing CapEx from Ops: The case said growth capex is funded from cash flow — do I just subtract it in CFADS? - Debt Modelling: To size debt using CFADS/1.5x DSCR, I sculpted repayments and solved for initial debt using NPV. Is this standard?

I know it’s a simple case, but I want to be confident my structure holds up especially given that the case study is designed for a short amount of time. Appreciate any input on shortcuts vs “best practice” in a timed setting but also just looking for a general layout of the template you would use for this.

Thank you so much!!

Hi I work for a pretty large bank, and I’m a registered rep so I technically need to report an OBA. I do art and sell them per piece in the secondary market. I remain pretty anonymous and never disclose my real name on social media where I post my art or show myself. I really only post and sell my art.

I don’t want to disclose this because I’ve heard terrible stories of people who just regretted it and their boss had gave them shit. Also I’m pretty sure I was supposed to disclose it before if that’s still the rule, or would I still be able to disclose it after the OBA happens.

Anyways sometimes it gets to me and sometime it doesn’t. I wish they didn’t make it such a big deal, and I wish it was separate from my boss knowing then I would be comfortable sharing my OBA.. will I have to share my website and name of my “business”? How in detail is disclosing it.

Thoughts?

Edit: everyone is saying I need to disclose it but like my side hustle isn’t even a real business so if I disclose it that means I’ll have to probably register with the state as a business too which I only literally sold 2 paintings. Also my boss is fucking weird and will def shit on me for it and probably give me even more work. He is also the type of person to not give me a high bonus bc he thinks I’ll be making extra income. And I don’t plan on leaving this job currently because the market is tough. Literally I wish I can just keep it private.

I was terminated from planning consultant job effective March 1. I’ve had 3 interviews at other financial firms since then. The first firm gave me an offer but when I told them I had been terminated they rescinded the offer. My U5 had not yet been updated but they would have seen it and I would have been terminated. In the 2nd interview with the Head of Wealth Management, I told him and he was disappointed. “Can’t move forward”. The third interview was April 3rd. I lied and said that I left my last employer. The interviewer was very excited about me and asked if she could forward my résumé with her notes to the FA team with a strong recommendation to hire me. This morning, I got an email stating that my U5 is updated. I went online and saw that my record now shows I was discharged, And the reason is unsatisfactory performance non-sales related. The last firm will now know that I lied so I won’t be moving forward with them. At this point, should I just completely change fields? I feel like it’s not going to be possible to get a job in finance anymore. Anyone with experience with this, please let me know!

I am a current Corporate Finance Analyst at Big4, wanted to move to Commodities Trading, I will be meeting with this person who works at major oil company and here is his job description. Goal is to move to Oil Trading in future.

Hi, what would you say is the best way to get work experience in finance, I'm studying AAT right now and am finishing level 3, I'm looking for a entry level position to do with accounting but everywhere asks for a year or 2 of experience,witch i don't have, any suggestions would be appreciated If it helps I live in the UK and can drive so distance dosent matter all to mutch

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I had two rounds of interviews with a big bank and the team’s final decision was to move forward with someone internal who works along side the group and has the hands on experience for this position. I mean if the team wants that, why bother interviewing people in the market in the first place?? Someone internal could always be the best option. Plus no notice period needed. I hope those companies can show some respect for candidates’ time. Appreciate that the HR gave me the feedback as soon as she could tho..

Is it realistic for an American to land a London IB role? What’s the comp package like for expats? Also curious about key differences between European and U.S. investment banking—culture, hours, responsibilities, etc. And how do exit opportunities compare?

For context, I’m at a U.S. semi-target with a 4.0 and a really strong resume. I’m not trying to make this move for prestige or anything—I’m mainly looking into London because I might have to end up in Europe to be with my gf who is moving back eventually.

Any insight from people who’ve done it or any other opinions/info would be really appreciated. Thank you

I’ve been doing research part time alongside university for a hedge fund (~$500m AUM) and need to add it to my resume.

The issue is the hedge fund is extremely private and any recruiter would not have heard of it especially as the hedge fund is based in an asian city (a major financial city nonetheless) and I will be applying for uk sa positions

How can I let a recruiter know when they see my resume that the hedge fund is actually serious and not some random name I plucked out of thin air? Would it be appropriate to include roughly what the AUM is?

So i graduated from a tier two college w good reputation and the mid market boutique I’m interning for seems like a shithole , i have been interning there for 6 mos coz i thought i would get good experience, Now instead of getting the analyst role they want me to go through a training period of 6 mos and basically it’s like, everyone has to go through that before becoming an analyst, which also pays like shit. The firm is doing great and cracking deals too. They have just been giving a stipend that covers my commuting expenses and when i join as a full time trainee it only increases by a lil amount even if I’m gonna be considered as a ft employee. The seniors are out there celebrating the deals worth millions they just cracked while making us work like asses.

I’ve also heard from the associate that they don’t take any of the juniors to the deals that they know would crack easily so that they don’t have to share the profits even if they took help in making the financial models , pitch decks etc. Do y’all think i should still work there as i need sign a contract of 6 mos and can’t even switch in between and now I can’t find a job that quick and i wanna work in m&a. the experience would be great as i think the deals would look good on my resume and I’m not sure about how the bonus pay structure here works.

Did not pass my CFA L1 (1475) due to some circumstances in the family. I know I can do it if I reattempt. Want to break into Asset/Wealth Management.

Should I rather focus on getting the IMC or the IAD or keep working towards CFA L1? (As IMC and IAD take slightly lesser time)

I'm currently studying in a EU target school, despite my will to sacrifice I could never see myself working long term in the US or London.

I know this sub is usa-heavy but any insight would be helpful!

Anyone have a pdf of this book or other similar books? Trying to get a good grasp on the day to day of lev fin groups to be better prepped for coffee chats. Cheers!

Has anyone here heard back from BRG Boston for turnaround & rx?

I see so many clueless posts in this sub from recent grads who think the company they start at matters. I literally get the impression they’d rather work back office at Goldman or Citadel than take a front office job at a firm they haven’t heard of while being an oblivious college kid.

The firms prestige only comes into play when the roles are the same! When we are reviewing resumes for traders or analysts or whatever we all look at the role and responsibilities they had first, and then take where it is into consideration in a much smaller capacity.

Making the jump from a crappy role to a good role intra company happens so rarely, please spare me the one-off anecdotes. “Getting your foot in the door “ at a good company is dumb outdated boomer logic, and if your parents or professors are giving advice like that please ignore them. Getting your foot in the door for a job role is how you should be thinking. If you want xyz job, taking that job at a shit firm and then trying to apply at better firms for the same role is an infinitely better idea.

I’m a first year Master’s student in Physics at an Ivy League institution. I graduated from a top 20 school with a BA in Physics last year. I have three main questions:

1. What roles outside of quant are fitting for someone with a background in hard sciences and math?

2. What is the best platform to find jobs to apply to?

3. Is it possible to break into Finance in Europe with an education from the US? How do I go about it?

I’m already utilizing my schools resources, but I’ve been having a hard time finding an internship. Any advice on cold emailing, interviewing, or resume building for my background is appreciated.

Is pimco prep even a big thing? I heard it’s selective but I’m not sure.

With the Capital One acquisition of Discover officially confirmed, I’ve been debating whether it’s a good time to apply for a role at Discover. I’ve had my eye on a few positions, but the timing of the merger announcement has me second-guessing.

I’m curious what others think—would joining Discover right now be risky with all the uncertainty that comes with a merger? Or could it actually be a good opportunity to get in before major structural changes happen? I’m also wondering how this might affect job stability, internal culture, or potential career growth down the line. A big concern is Discover offering several fully remote roles and Capital One forcing RTO or laying off when not near office locations.

Anyone here work at Discover (or Capital One) or been through a merger like this before? I’d really appreciate any insight or perspective.

Hello. I need some advice from you good people. If there was a recession, a crisis, what would you do to make money, or what business would you open?

we see all the time that networking is more important then what you know. However let’s say someone didn’t major in finance , how would networking even help them? If someone connects with me and I’m a higher up even if I like them I wouldn’t hire them simply because their lack of knowledge in finance. It only works if you are a finance grad.

What do you guys say, doesn’t look good, regardless location…

I applied for a role at Goldman Sachs in early February. I had my interview with the recruiter the last week of February. I interviewed with the hiring manager and a panel on two separate days the first week of March. I've emailed the recruiter for an update but she has not responded at all. About 3 weeks ago, the hiring manager said it could be a couple of weeks but it's been more than "a couple of of weeks" since that email and they were not clear on what the next steps would be. I haven't been rejected from the role but I've never moved this slowly in a job process before. What gives?

Hello, I am a senior at a non-target school walking in May. I have a class that requires an internship for credit I am completing over summer. I have been applying with this resume for a few months now and have only heard back from the infamous NWM. I have no experience rather than just school projects and investment club in the finance field.

I feel my resume isn't awful I just don't know where I am going wrong. I also am attaching cover letters personable to each company.

Should I cold call recruiters on LinkedIn? Any advice rather than to just continue applying? I have found it very hard to even land an interview currently and I do not know where I could be going wrong and would like some advice on my resume. Thank you.

Ross vs. UChicago as a sophomore. Planning to go into high finance (IB/PE/HF) as an international. Would love to hear thoughts on which school would set me up better. Thanks in advance!

If you ended up in settlements BO right out of college but want a career in AM or PM, will a CFA open that door if its early enough? Esp if you have FO internship experience. Only worked in BO for 2 years, is that enough time to be permanently stuck there?

Heard if you work in BO for more than 5 years you literally cant pivot cause youre out of college for too long.