Why do ppl choose megafunds over MM?IB
Wondering about this. Is it just the prestige/pay? Seems like your experience would be quite limited at megafunds (type of work similar to banking, just modelling focused). Why don't more people pursue MM -- especially if it is less competitive?
Moderator note: This has turned into one of the most candid conversations about what working in PE is actually like that we've had on the site in a long time.