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You vomit to complete the course faster. If you want to be anywhere near the front, you have to neck your beer, start running, stick the fingers down the throat and heave into the bag. Try running even 500m with a couple of beers sloshing around in there.

Some do. Most will at some point, but its not a regular thing.

I really don't care where you get your information from, I'm just telling you its wrong.

Trust me, if you're doing it only for the pay, you're in for a miserable time. The pay is good, but you have to put up with a lot of shit for it.

Don't know where you got your information from, but this is wrong. Almost all of it, completely wrong.

Hours vary depending if you're on a live deal. Quiet week would be 60 hours. Busy week - I've had a few 110 hour weeks, but these only happen when you're on a deal. Usually work a few hours on either Saturday or Sunday.

I know of only one or two M&A grads studying for their CFA, and I'm not even sure they're still doing it. Its not a focus at all at work. Heard stories of people starting it, then dropping out because the workload is unmanageable - but thats only anecdotal. A few people have tried to study...

Really clean, the Arts grads do a really good job. Kidding. Arts grads aren't clean.

Top 5 ibanks? 4...3...2...1...0?

Actually, most people here at Macquarie will go to the gym in the afternoon or lunchtime - and still leave by around 9 - 10pm. But when its busy, its busy - I'm talking 2 to 3 months without a day off. But that is the same as any other investment bank. The upside with Macquarie is the lack...

Jeez, I don't know. In a good year, everyone that does an internship at a Big 4 would get an offer. After that the grads that weren't interns are all competing for whatever spots they still need to fill. To put a number on it, maybe twice as likely? But thats essentially a meaningless number...

A lot. Compared to "cold" graduate recruitment, you have a far greater chance at picking up a full time offer after completing an internship.

There you go. Admittedly mine just sits in a drawer at home - bit weird taking it to work when you don't work for KPMG.

I think its vinyl (or pleather), but I've still got mine and its lasted for a couple of years.

But a large part of the assessment and selection process all the same.

Good advice. Just don't let them know by email, do it over the phone or in person if you're comfortable. Just be polite - usually they'll ask for a reason why you reneged the offer. Give one if you're comfortable with it, otherwise just say its a personal choice or you'd rather not say. Try...

Academic awards are elitist.

DCF is safest to stick to if its an applicable example. Something like the Harbour Bridge is relatively straightforward - tolls, traffic flow, operating and capital expenses. If you can predict these out reasonably reliably then you can use a DCF model with WACC as the discount factor. For the...

Being able to find your way around financial statements is important in whatever finance job you go into. Accounting, or at least being able to analyse financial statements, is a very important - and often underrated - skill.

Credit average? Very big maybe if you've done something extraordinary in your extra-curriculars. Especially hard in this market. Pass average? No way, not a chance.