First Step to Final Offer (01/23/24)

We have another special referral giveaway this week! Check it out below.

CAREER OPPORTUNITIES

Class of 2026

Summer 2025 Applications

• Point72 Summer 2025 Application [NEW] - Link Here

• Citadel Summer 2025 Application [NEW] - Link Here

• Piper Sandler Summer 2025 Applications [NEW] - Link Here

• Societe Generale Americas Summer 2025 Applications [NEW] - Link Here

• Truist Summer 2025 Application [NEW] - Link Here

• The Riverside Company Summer 2025 Application [NEW] - Link Here

• Tidal Partners Summer 2025 Application [NEW] - Link Here

• MTS Healthcare Partners Summer 2025 Application [NEW] - Link Here

• Dodge & Cox Summer 2025 Application [NEW] - Link Here

• Morgan Stanley Summer 2025 Application  - Link Here

• Bain Capital Summer 2025 Application  - Link Here

• Wells Fargo Summer 2025 Applications - Link Here

• Baird Summer 2025 Applications  - Link Here

• Audax Group Summer 2025 Application  - Link Here

• Lincoln International Summer 2025 Applications - Link Here

• William Blair Summer 2025 Applications - Link Here

• JMI Equity Summer 2025 Application  - Link Here

• Leerink Partners Summer 2025 Application - Link Here

• Aeris Partners Summer 2025 Application - Link Here

• Qatalyst Summer 2025 Application  - _{Check your school’s Handshake}

• Lazard Summer 2025 Application - Link Here

• Ares Summer 2025 Application - Link Here

• Moelis Summer 2025 Application - Link Here

• MUFG Summer 2025 Application - Link Here

• KKR Summer 2025 Application - Link Here

• Raine Group Summer 2025 Application - Link Here

• J.P. Morgan Summer 2025 Application- Link Here

• UBS Summer 2025 Application - Link Here

• RBC Summer 2025 Applications - Link Here

• Insight Partners Summer 2025 Applications - Link Here

• Houlihan Lokey Summer 2025 Applications - Link Here

• Rothschild Summer 2025 Applications - Link Here

• Guggenheim Summer 2025 Applications - Link Here

• Deutsche Bank Summer 2025 Applications - Link Here

• Aeris Partners Summer 2025 Applications - Link Here

• Union Square Advisors Summer 2025 Applications - Link Here

• GTCR Summer 2025 Applications - Link Here

Diversity Program Applications

• Lazard Sophomore Women’s Day - Link Here

• Lazard Sophomore Diversity Day - Link Here

• Barclays Banking Analyst Discovery Program - Link Here

• J.P. Morgan Winning Women Insights Program  - Link Here

• Deutsche Bank dbAchieve Sophomore Summer Internship - Link Here

• Centerview Women’s Leadership Program Networking Event - Link Here

Class of 2027

• Guggenheim Freshman Enhancement Program (Upcoming) - Link Here

• Morgan Stanley Freshman Enhancement Program - Link Here

• J.P. Morgan Freshman Focus Program - Link Here

Former Head of Recruitment at Evercore Resume Review Raffle

Our Partner, Joanna Walker is offering a number of investment banking 1:1 coaching programs to prepare you for 2025 Summer Analyst recruiting.  She is the Former Head of Recruitment at Evercore and has spent over 13 years helping students avoid mistakes and nail the interview.

We are giving away 4 FREE zoom resume review sessions with Joanna to help our readers best prepare for this recruiting season. To enter the raffle you need to refer at least 2 people to the newsletter. For every additional referral your name will be entered again (so everyone who has referred 2+ people will enter the raffle as well). The raffle will close next Monday Jan 29th and the winners will be notified via email.

Joanna has various 1 on 1 prep packages to help excel this recruitment season including:

• 4 or 8 Sessions of Recruitment Coaching

• Wall Street Ready: Ace your Investment Banking Interview Guide

• Resume Reviews

MARKET NEWS

Southwest Airlines pilots approve new five-year contract (CNBC)

Southwest Airlines' pilots have approved a new labor agreement, securing a substantial 50% pay raise over five years after negotiations for improved compensation, retirement benefits, and scheduling processes. The overwhelming 93% approval by the Southwest Airlines Pilots Association highlights the industry-wide trend of airlines offering competitive contracts to attract and retain skilled pilots in the post-pandemic travel resurgence.

Why there is a new global race to the moon (CNBC)

Japan has joined the select group of nations, including the U.S., Russia, China, and India, by successfully completing a soft landing on the moon's surface. With over 100 lunar missions expected globally by 2030, the moon is viewed as a vital testing ground for space living and resource utilization, with countries like the U.S. and China taking the lead in the new moon race to harness its potential for rare-earth metals, helium-3, and water for applications such as rocket fuel and deeper space exploration.

Mark Zuckerberg indicates Meta is spending billions of dollars on Nvidia AI chips (CNBC)

Meta is investing billions in Nvidia's computer chips for its AI research and projects, with plans to integrate 350,000 H100 graphics cards into its compute infrastructure by the end of 2024. The H100 GPUs, estimated to cost between $25,000 and $30,000 each, align with Meta's focus on artificial general intelligence (AGI), a long-term vision for the company, and contribute to the projected total expenses of $94 billion to $99 billion for 2024, with AI being a key investment area.

M&A DEAL OVERVIEW

Compass buys caterer CH&CO for $600 mln in its biggest European deal to date (Reuters)

Compass Group, the world's largest catering group, has agreed to acquire rival CH&CO for £475 million ($603.73 million), including debt. The deal, Compass's largest acquisition in Europe to date, is part of its strategy for bolt-on acquisitions as it recovers from the pandemic, with CH&CO providing catering services to various venues, including the Royal Opera House and Abbey Road Studios in London.

TECHNICAL QUESTION OF THE WEEK:

ADDITIONAL RESOURCES

• RecruitU

• Diversity on Wall Street 

LAST WEEK TECHNICAL QUESTION OF THE WEEK ANWSER:

AUTHOR

Written by Beckett Kreter

Formerly BK. Finance Newsletter (Acquired by RecruitU)