Couple of questions for people in banking/hedge fund/PE

First of all, I'd appreciate it if you guys can answer a couple of questions. I think its cool that someone who's outside the industry has a chance to learn the ins and outs about it from people who are in it. My first question is, what college is better if I want to break into the industry, I can choose between Stanford, Columbia, Brown and Dartmouth....and Cornell. Another question is, after two years in banking, when you switch over to PE or HF, do you become an analyst at the HF or PE firm? Or are you an associate? What percentage of analyst make it to MD or even VP? I've found out here, analyst make about 140k, can you live on park ave or Columbus Circle with thaT? Do analyst live the "rich" lifestyle, meaning that they can have their family go to the bahamas for summer vacation, get a secondary house in the hamptons, own a nice car( honda accord, bmw. NOT A PORSCHE OR LAMBO)? Thanks for your time guys. It may seem like I want to be in banking for the money, which is true but I have other reasons.

 

Stanford, Pre-MBA associate or analyst depending on which one, very low percentage, No, No.

Concise and correct. Blow me.

If I had asked people what they wanted, they would have said faster horses - Henry Ford
 

Considering a fully-loaded Accord is only $3000 less than a base (albeit similarly packaged minus navi and a few other features) 328i sedan, maybe the comparison is not as outrageous as you may think...

We're talking $32k vs. $35k here.

Regardless, I doubt OP will want to/should buy either as a first year analyst in nyc. Also, high chance op is a troll lol

 

Corrupti sit pariatur accusantium harum nihil quae minus. Provident molestiae ea incidunt. Repellendus magni soluta ratione quia quia. Aperiam hic consequatur quidem reprehenderit.

At nobis quod libero est corrupti. Voluptas quasi rerum quisquam eaque explicabo optio amet et. Amet sit aut qui laudantium quia architecto.

Occaecati saepe itaque est quaerat. Illo porro ut aliquam.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”