Sometimes I feel like those Vault rankings are truly meaningless. I think people would kill to get into any of the 25 firms (side note: how the hell is JPM above MS????)

Plus, what exactly is "prestige"? For prospective monkeys, ALL of the firms mentioned are well-known (and if they don't, they need to do more homework on the industry). For non-finance folks out there, some may hear about those firms before, some may not. But really, who gives a shit??? (and if they have absolutely no clue about those firms, it's very likely that they are not in your circle of friends anyway). As long as you're bringing in the $$$, I don't see how those rankings are beneficial in anyway (maybe stroking some egos, but that's about it)

My formula for success is rise early, work late and strike oil - JP Getty
 
islandbanker:
Solidarity:
JPM is "doing better" a.k.a. hires about 3x as many analysts as GS / MS

Hahaha JPM hater.

"I said STOP... hatin's bad."

  • LMFAO

Not hating, JPM has made a great push in the past few years but considering their industry teams are twice as big as their counterparts at MS and still trailing MS in global M&A...

 

hahaha who the hell actually ranks stuff by prestige on a legit (?) website?

If your dreams don't scare you, then they are not big enough. "There are two types of people in this world: People who say they pee in the shower, and dirty fucking liars."-Louis C.K.
 
GoodBread:
Who is more prestigious?

a. An IBD analyst at Goldman Sachs b. A Pre-MBA Associate at Blackstone c. A Post-MBA Associate at KKR d. A PM at SAC e. George Soros f. Ray Dalio (has the power to make this happen: http://www.bwater.com/home/culture--principles/culture-videos/culture-v…)

None of the above:

warren buffett... even people who don't know the difference between high finance and the edward jones financial planner in the strip mall down the street know of him.

[quote=patternfinder]Of course, I would just buy in scales. [/quote] See my WSO Blog | my AMA
 
Simple As...:
GoodBread:
Who is more prestigious?

a. An IBD analyst at Goldman Sachs b. A Pre-MBA Associate at Blackstone c. A Post-MBA Associate at KKR d. A PM at SAC e. George Soros f. Ray Dalio (has the power to make this happen: http://www.bwater.com/home/culture--principles/culture-videos/culture-v…)

None of the above:

warren buffett... even people who don't know the difference between high finance and the edward jones financial planner in the strip mall down the street know of him.

It comes down to the definition of the word "prestigious". People look down their noses at him for driving a beat up old car, but still take his word seriously. As far as I'm concerned, presitige is only useful as a bargaining chip, but is not a worthwhile end in and of itself.
Get busy living
 

^^For prestige in finance, I'd have to go with whoever has the most money

If your dreams don't scare you, then they are not big enough. "There are two types of people in this world: People who say they pee in the shower, and dirty fucking liars."-Louis C.K.
 
Best Response

Truely, these lists blow my mind in terms of stupidity. KKR and BX all go after the same investments, and MS/JPM/GS all go after the same shit as well. You work in or around those shops for a while and will see they all kind of blend together. Sometimes JP will get a deal over MS because they did a line of credit for the firm last year that MS/GS wouldn't. Maybe they all gave this firm a line of credit and it was just JP's "turn". That's how it goes down.

Ace all your PE interview questions with the WSO Private Equity Prep Pack: http://www.wallstreetoasis.com/guide/private-equity-interview-prep-questions
 

Sadly, marcellus is probably right, though I'm not limiting it to WSO prospective monkeys

If your dreams don't scare you, then they are not big enough. "There are two types of people in this world: People who say they pee in the shower, and dirty fucking liars."-Louis C.K.
 

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