My friend actually calculated it, it is

3.50%

Yeah there are decimals, but the odds are against you

I'm gonna get that bish some binary Bishes love binary --------- Kind Regards, Bin_Ban
 

it's hard to say, but I recently read an article from a finnish researcher who managed to aggregate the data from several databases, and his final calculation was along the lines of: 1st year analysts in $1bn+ HFs or PE in 2011 (2,865) / (number of IB analysts working in mid-level BBs (251,539) * attrition rate (0.3255) )

Hope this helps...

 
f4tality:
it's hard to say, but I recently read an article from a finnish researcher who managed to aggregate the data from several databases, and his final calculation was along the lines of: 1st year analysts in $1bn+ HFs or PE in 2011 (2,865) / (number of IB analysts working in mid-level BBs (251,539) * attrition rate (0.3255) )

Hope this helps...

I loled, but if you think of it, the chances are very slim

I'm gonna get that bish some binary Bishes love binary --------- Kind Regards, Bin_Ban
 
f4tality:
it's hard to say, but I recently read an article from a finnish researcher who managed to aggregate the data from several databases, and his final calculation was along the lines of: 1st year analysts in $1bn+ HFs or PE in 2011 (2,865) / (number of IB analysts working in mid-level BBs (251,539) * attrition rate (0.3255) )

Hope this helps...

It's funny that this comes out to the same number that Binary Banker provided, 3.50%.
My name is Nicky, but you can call me Dre.
 
aempirei:
f4tality:
it's hard to say, but I recently read an article from a finnish researcher who managed to aggregate the data from several databases, and his final calculation was along the lines of: 1st year analysts in $1bn+ HFs or PE in 2011 (2,865) / (number of IB analysts working in mid-level BBs (251,539) * attrition rate (0.3255) )

Hope this helps...

It's funny that this comes out to the same number that Binary Banker provided, 3.50%.

damn right

I'm gonna get that bish some binary Bishes love binary --------- Kind Regards, Bin_Ban
 
welcome2thejungle:
are BB ibanking analysts able to get into top grad schools after working for two years if there arent great PE/HF exit ops?

Depends on grades, references etc

From my personal observations: there are better/slighter easier ways to get into grad school then head to PE-VC etc MM ones

I have talked to many VC, PE, etc partners who are telling me to stay away from banking, none of them did IB btw

I'm gonna get that bish some binary Bishes love binary --------- Kind Regards, Bin_Ban
 
Binary_Bankster:
welcome2thejungle:
are BB ibanking analysts able to get into top grad schools after working for two years if there arent great PE/HF exit ops?

Depends on grades, references etc

From my personal observations: there are better/slighter easier ways to get into grad school then head to PE-VC etc MM ones

I have talked to many VC, PE, etc partners who are telling me to stay away from banking, none of them did IB btw

why the hell am I getting monkey crap thrown at me? This is actually true! Some of you guys are ridiculous

I'm gonna get that bish some binary Bishes love binary --------- Kind Regards, Bin_Ban
 

251k analysts? That seems really high. Was he counting all first year employees?

A big BB might have a 100-120 person class. You are looking at maybe 8 BBs, being generous with the term. Throw in boutiques, lesser BBs, etc, you are still way below 1500. Let's throw in UK too. So maybe 2500? The 251k is off by 2 orders of magnitude.

 
Best Response

Binary's initial numbers seems way off, but still true that the numbers are low (would guess anywhere from 12.5 -18%).

This can be heavily dependent on your group, office location and industry coverage or product group.

Had a buddy at a fairly decent tech group at a BB in SF / PA that said his 10 person analyst class had 100% and another in a NY BB M&A group that had around 15-20%. My group had about half get offers or at least to final rounds at 10% (however a lot of peeps didn't put a lot effort towards it).

Ace all your PE interview questions with the WSO Private Equity Prep Pack: http://www.wallstreetoasis.com/guide/private-equity-interview-prep-questions
 
Stringer Bell:
Binary's initial numbers seems way off, but still true that the numbers are low (would guess anywhere from 12.5 -18%).

This can be heavily dependent on your group, office location and industry coverage or product group.

Had a buddy at a fairly decent tech group at a BB in SF / PA that said his 10 person analyst class had 100% and another in a NY BB M&A group that had around 15-20%. My group had about half get offers or at least to final rounds at 10% (however a lot of peeps didn't put a lot effort towards it).

The last sentence - was it half or 10%? Half got offers or at least to final rounds at 10%????

 

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