Highest Ranked Comments In The Last Week

+4 I’d say that if you are looking to lateral and ‘re-do’ your associate years, you can have quite a lengthy break, maybe even as much as one year assuming your experience is directly relevant for the funds you’re interviewin CompBanker
+4 Yeah the kid strongly advocating for GU said he’s still picking colleges himself lmao. It’s funny he likes Williams (good choice imo) but then advises OP to take GU over UChi. Some cognitive dissonance there. Research Analyst in PE - Growth
+4 Yes lbo2_1
+4 The point of the book is that the secret sauce is the team he built and the culture he helped cultivate.. there aren't any top secret signals or fomulas in this industry it's all about doing the simple things really well. PM in HF - RelVal
+4 Analyst 1 in IB - Cov
+4 Curious why you find it tone deaf. I think a bunch of young wall streeters leading a workers rebellion while simultaneously trying to become the next Henry Kravis is pretty tone deaf. Dr. Rahma Dikhinmahas
+4 Wait, unless I've misread the post, are you guys even dating yet? Sounds like you're putting the cart before the horse. Analyst 2 in IB - Gen
+4 I mean you can find plenty on here, although people ascribe it to the nature of tech EBs and not San Francisco. Do a search for Ducera for example. Analyst 2 in IA
+4 I went through what i felt was a great REPE hiring process once and i’ll relay what i think made it so good. cre debt fund guy
+4 It can be, especially if you can negotiate participation like carry or fee splits, but I'm not really in a position to take advantage of that. jarstar1
+4 It depends on your personality. I know guys who work in development that are incredibly talented and entrepreneurial, who are already doing there own deals. RE Dawg
+4 i white knuckled 12+ months with a toxic and disorganized VP during my Associate years. technoviking
+4 I read this makings of a multi-bagger just now and to be clear his unpaid interns did it and it certainly reads that way. It's kind of cool, but to be clear I do think he only raised money because of his parents. BobbybananamA
+4 We've received reports from some of the national appraisal shops indicating in this case that the PGI = the EGI = the NOI. So, they apply the cap rate directly to that. DisgruntledAppraiser
+4 I have worked a lot with physical and financial traders, but I've always done analytics for both systematic and fundamental trading.  oil_quant
+4 Hi, https://www.wallstreetoasis.com/forum/hedge-fund/how-to-start-a-family-… LowCaliberTalent
+4 I got past the case last year and had 5 interviews following that, which were very spaced out (August to December) but unfortunately didn’t get the offer. It’s a pretty intense process compared to the summer. Intern in IB-M&A
+4 Imo go for the best fund possible. big goals = worthwhile targets that keep you passionate and working hard through rejection. If you nail it in on cycle, you win. Analyst 2 in IB - Gen
+4 The reason for IB being such a bad environment overall is that no one wants to stay. Analyst 1 in IB - Cov
+4 I completely disagree. Working before / during / after delivery is unacceptable.    1) First of all, it’s not a surprise and you have ample time (9 months) to prepare for ut Associate 1 in IB - Gen
+4 It’s possible but I highly disrecommend this path. From personal experience I will tell you you can be .1%ile and still not make the bump. Analyst 1 in IB-M&A
+4 Blind leading the blind… OP, go UChicago. Don’t mess this up. Analyst 2 in IB-M&A
+4 Yes do it immediately or you might get blackballed by all banks Analyst 1 in IB-M&A
+4 I had to make a very similar choice not long ago. I chose T1 asset management for the following reasons: Analyst 1 in AM - FI
+4 How is Georgetown A? Intern in HF - Other
+4 Quick access toolbar Use ppt for a few days, only using the mouse and make note of the things that are taking forever to select in the ribbon. PapaHemingway
+4 I worked at a HF (20B AUM) doing L/S TMT, my dad had his own fund (much smaller, generalist), and I know many friends who are in the industry. idiotsavant
+4 Better in the sense that there are now more finance-related clubs, mentorship, etc. I was also told that there were more banks that did OCR (at least in 2021/22) vs back when I was a student. RR63
+4 Hey, I was in your position about a year ago just around when the market when to shit and it crushed my mentality and self confidence. Associate 3 in PE - LBOs
+4 If you ask within WSO, the view will always be “not that great” because the firm just doesn’t play in the same area of PE the most 21yo in WSO want to be in. mysongbook
+4 Comp being below street doesn’t help either - partially mitigated by LCOL area but still. Generic Banker
+4 You're getting downvoted because anon An2 with a "I know a guy" story about diversity and prestige is just old and tired at this point. At least get creative.  rabbit
+4 What type of shitty firms aren’t giving laptops to their employees? That is a major red flag. Executive Director in IB - Cov
+4 That likely won’t help you with those finance roles. The real benefit from a math degree, at least in regards to finance jobs, is when you get past the computational classes and get into proof-based math. jl12
+4 Spat my drink out reading this. The # of things this monkey got dead wrong/opposite about Jim is hilarious.  Associate 1 in IB - Gen
+4 What bottles did you get? Any you liked or didn't like?  Addinator
+4 Not completely wrong, especially first half. The issue is when "hardos" make other people miserable, but being extremely dedicated to what you're doing while still being easy to get along with is a superpower.  bobmiller123
+4 Every Spring, this conversation seems to resurface. www50
+4 Not really. Emory is as good as it gets in Atlanta and has a very strong reputation/established ties in the south which will help quite a bit. That said Cornell at a broader level will offer more opportunities in IB. Analyst 1 in IB-M&A
+4 It's sad, had the same at an established firm, with a bad reputation. Analyst 2 in RE - Comm
+4 Because BBs have the biggest diversity programmes and girls won't get in otherwise LowCaliberTalent
+4 Inventory is rising rapidly in these 3 areas. Granted, specific pockets may do fine, but overall the readings in these markets aren't trending in a great direction. Associate 3 in RE - Other
+4 Same boat. Spent 2 years in MM PE (analyst) then 4 years in MF PE to get counseled out in December due to market / lack of space. Was notified the prior summer and went through a slow grind of recruitment. Assist. VP in PE - LBOs
+4 You're probably getting downvoted because of the way you are phrasing things. If you truly know "everything about their juniors" - you would know that story only adds to the points made in this thread. Associate 1 in PE - LBOs
+4 Not “thought provoking” but will leave a positive impression: a-basic-name
+4 Sounds like HL to me! Intern in IB - Cov
+4 I landed a VP role. This one (alongside 90% of my ~15-20 interview processes) were through the headhunters though I did go the mile on one or two larger firms through networking. VP in PE - LBOs
+4 Nah, fuck all that.  I was a director and I absolutely unplugged a bit. 1) The birth is not a surprise (and people are very aware for females) Associate 1 in IB - Gen
+4 Hi sell_side_macro
+4 Looks good. Similar situation here. My base is 70k and my net salary after tax and loans is 3.8k I will be paying 1.2k pcm for rent and flat sharing with other 2 people. Analyst 1 in IB - Gen
+4 I’m a few years removed from the Houston banking scene but ya it’s super sweaty. Investment Analyst in HF - Other
+4 I've had that Glenmorangie - part of a mixed pack of finishes, that's the Sauternes one if I recall correctly. It's very good - agree, on the sweeter side. Addinator
+4 New to this thread, not reading about any bullshit about diversity and nepotism. VP in IB-M&A
+4 If you’re a VP in banking you have all the requisite technical skills. I wouldn’t stress over any type of case study. If you’ve worked on story telling to sell a business or raise capital it’s process wise similar. Ravena
+4 Just curious - miles behind in what way? Analyst 1 in IB-M&A
+4 I was coming here to reiterate that it'll be more diversified across the country by region and shake out all the people who can't miss it. capexprss
+4 You at Matthews or Marcus? Analyst 2 in PE - Other
+4 A.CRE accelerator is a bit expensive but very well-versed.  capexprss
+4 Who do you think is going to write the code to automate this stuff? Writing code to automate this isn’t a one time thing where you write the code and the algo now captures 100% of the market mispricings. Damian-Lewis
+4 Hey man keep coping. You just were meant to be a worker. Its fine. The people who create things don't make excuses the see opportunities and execute. Intern in IB - Gen
+4 How about we use this thread for practical, implementable solutions to a) increase workplace efficiency, b) improve junior learning, c) address lifestyle excess. Managing Director in IB-M&A
+4 Kelly @ IU Bloomington should definitely be on your list as well -- seemingly a ton of resources to get into high finance. dnzoa I
+4 Lmao don’t trust the dude who says he’s an MD. It’s probably a fellow intern who wants to up his return offer chances. Intern in PE - LBOs
+4 For context I got a 1590. The math section of the SAT is unbelievably easy, inexcusable you should get anything less than an 800. Analyst 1 in IB - Gen
+4 We got bored with Deloitte JulianRobertson
+4 Why is it that everytime someone on this website mentions that racism is a thing that can happen, they get MS for seemingly no reason?  Analyst 1 in IB - Gen
+4 Not a VP, but who knows. I would stay where you're making good money and long term can invest in the companies deal vs go out to the sales side making $0 and needing everything to go right to make money. Analyst 2 in RE - Comm
+4 Love this! Some reactions: Works at UBS AG
+4 Recommend reading the company transcripts of earnings calls, can find on the website. Should give you context around the business. Also look for historical patterns, but forecasting is more of an art than science. Rags to Hermes
+4 I'd say keep your head up and keep trying. I understand you're at a target school, but submitting 60 applications isn't much in the grand scheme of things. Intern in PE - Other
+4 You don’t know enough about hedge funds, and working at hedge funds, to meaningfully say working at a pod shop is your dream without people thinking you’re wasting their time. Analyst 3+ in HF - EquityHedge
+4 In S&T regional offices are generally only sales and mostly sales covering clients in that region, can sometimes be smaller clients but if you are in Chicago there are plenty of big clients in the region to keep a sale Director in S&T - FI
+4 This cannot be overstated and is great advice. Pepper Jack
+4 You're obviously not getting any attention because you're steaming your clothing, not ironing it. /s Whatever1984
+4 Yes, IB is a risk averse profession. But, I would caution you about your view of how things work in other areas. Executive Director in IB - Cov
+4 I know people who’re still in processes — just keep grinding man, cast a wider net and look into HFs, PE, credit, larger AM shops (ex: Blackrock) which are yet to run their process. awooooooooooga
+4 More junior than what you asked for, but for a check ask them about their thoughts on the market today and a deal or two they worked on. Analyst 2 in RE - Comm
+4 They're asking for the bare minimum, a T12 and current rent roll and looking at T3/T12 data for income/expenses.  Analyst 2 in RE - Comm
+3 25K undergrads at NYU. Nobody made a rule saying you have to hang out with the robots in your classes. CheetahsInCities
+3 Modeling bootcamps - not really. They offer ACRE at a discount, but it expires in a year and a half. Analyst 2 in RE - Comm
+3 I had an all access nationwide membership to Equinox for 4 years and thought it was worth it. I really enjoyed the spin classes in NYC and would hit up different gyms in the city with instructors I liked. Isaiah_53_5 💎🙌💎🙌💎
+3 No one’s disputing what’s fair. Many people have experienced such bosses / situations and can sympathise. PommesQT
+3 My general rule is to follow-up on the Tuesday following your interview if you haven’t heard anything back. Generally if they go radio silent on you for a week at this stage, it is a very bad sign. CompBanker
+3 Back in 2009 / 2010 time frame there were PLENTY of people who didn’t get a platform done during their 2-year associate stint and that was simply the norm. CompBanker
+3 I would start in IB then lateral. Doing corporate banking essentially limits your IB options to only that firm while if you start at the Canadian bank in IB you can interview for an IB role at any stronger MM,BB or EB. BillyBob38
+3 Congrats on search fund Intern in IB-M&A
+3 It’s just investing on behalf of your clients using your clients’ money and getting a fee for the client service you provide and in some case a cut from the excessive investment return. That’s it. FlyingBoat
+3 There are pros and cons to this.  The pros are pretty limited:  1. You will get access to a better alumni network Intern in IB-M&A
+3 Recommend sticking out S&T until a better opportunity comes your way. Depends what desk/role you are in S&T, but I'd imagine you could find something that is more suited towards what you are ideally looking for plmonkey
+3 If p72/CAP: Practise modelling different types of revenues and cost structures (try to use EBIT/gross < Intern in HF - EquityHedge
+3 Is it just me or are people overshooting the LO comp trajectory? Ok, maybe at the PM level the 3-5 range checks out, but that isn't even close to a guaranteed option to >80% of people on the investment team. One and Done Analyst
+3 Yeah, be ready to start applying. Most banks open Jan/Feb nowadays I think. You should feel confident in your technical knowledge at that point and have networked a decent amount. BillyBob38
+3 What makes you believe that these frat guys are any less risk-averse than the non-frat guys? If anything, those who join Greek Life take the least possible social risk and are even more on the beaten path. Bankasaurus
+3 1. Analyst / senior analyst level offers. Label varied by shop but consistent in terms of reporting structure. Above someone joining 2 years out of banking if it existed. Associate 3 in PE - LBOs
+3 For a long time I was worried that home prices would spike significantly as soon as rate cutting started, but lately I've started to think it may actually have the opposite effect. greyarea23
+3 Good, there should be back-lash against it. That's a sign that the country is reacting against these dangerous and destructive ideas. Ladd
+3 I wouldn’t say it’s impossible if he’s down there networking. I have friends who made this happen without Banking experience. Analyst 1 in IB - ECM
+3 Do kids in college not have coursework any more? Wtf? Do you not have 10 hours of schoolwork every day? Associate 2 in PE - LBOs
+3 Why is Williams is above Stern? Also, the only place that hires en masse from Dartmouth is Jefferies lol. Incoming Analyst in IB - Restr
+3 You should talk to your minority co-workers more often, this kind of stuff is not common but definitely happens. This was in Florida on a company off-site, not during work hours FWIW. terabyte