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Some thoughtsWSO you've been really helpful in many ways, but need to clarify some things after a couple of years working in IBD: 1. Why are there so many whiners on here? Stop complaining about how those Ivy league kids have it "soooo easy". Stop justifying how even though you 2.5 from State U you should... 1 year 11 months
Rhodes scholar vs. BB IBDWould you take a full-time BB IBD job in a good industry group (Citi/CS/BAML, think Industrials/Energy) or a Rhodes Scholarship to study at Oxford (Economics)? The BB IBD job is probably more relevant to PE/HF, but I feel that a rhodes scholarship could open doors as well Would the answer change... 2 years 9 months
MM PE Hours and ExperienceWSO seems to hype up the hours in middle-market PE, but based on older analysts, friends in PE firms now, etc. more often than not they are pulling long hours that aren't very different from banking or megafund PE. In addition, the kids in megafund PE are getting similarly strong operating/deal... 2 years 11 months
First year PE associate payWhat's the standard for PE associate pay today? I'm guessing along the lines of 200k to 300k for middle-markets, and 300k-400k (with outliers) for the megafunds? 2 years 11 months
GS/MS PE placementUnderstanding that they have "great" placement, etc., typically out of a solid industry group like healthcare, industrials, energy at either firm how do analysts place? Is it like 50% TPG/KKR/Apollo and 30% middle-markets with the rest going elsewhere? Better, worse? You always hear about who... 3 years 3 weeks
Patek Philippe with BonusGood choice? It will cost ~20k, and that leaves room to spend the rest on bottle service, a trip to East Europe staying at the four seasons. 3 years 3 weeks
élite boutique vs bulge bracketsYou hear during the recession many of the top boutiques did very well with restructuring work, issues about whether or not citi/baml would survive, etc. Are the elite boutiques going to be strong going forward in terms of deal flow, exits, overall experience? Is taking lazard or evercore over citi... 3 years 4 weeks
Maker's Markhas anyone noticed that half of all bankers out there end up ordering a glass of maker's when they go out? when did it become so popular? it seems like the de facto liquor these days, but my guess is that half the guys who order it will never order a wild turkey, woodford, or any other type of... 3 years 1 month
How many BB IBD analysts get PE or HF jobs?What percent of those looking eventually land decent 1billion+ shops? Assuming an average industry group at a mid level bulge bracket 3 years 4 months
Is this PE internship good?Private equity internship at firm called Thomas H Lee, middle market investment firm in Boston MA. Would this look good for getting a good SA next year? 3 years 4 months

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Preview Freshness
certain PE firms have very high GPA cutoffs (...certain PE firms have very high GPA cutoffs (based on headhunters) but a 3.6 vs 3.7 won't matter to them as most firms either (1) won't care about 3.7 vs. 3.6 or (2) have 3.8, 3.9+ GPA cutoffs (yes, there are quite a few of them - less of the megafunds and more of the elite MMs/HFs who can afford... 1 year 10 months
PunctuationMark: worklikeamachine: First off...[quote=PunctuationMark] worklikeamachine: First off Congratulations on getting married!!! 1. I know this is very direct, but what is your overall comp like? How does this differ from maybe some of your peers working at a bigger fund in terms of both money and lifestyle? 2. What qualities did... 1 year 11 months
would you consider Economics a Liberal arts major...would you consider Economics a Liberal arts major (they way colleges do) or a business major? 1 year 11 months
Uh your son is failure because he still not...Uh your son is failure because he still not doctor, Either way, I-banker why not A-banker? 2 years 5 months
Don't know why people find Rhodes scholars...Don't know why people find Rhodes scholars impressive, just shows me you spent your time in college not knowing what to do and screwing around hitting the books on English or some irrelevant major. Would rather much take a strong candidate from a non target who interned at a boutique bank with a 3.... 2 years 8 months
Black Jack: WishYouWereHere: how much worse is...[quote=Black Jack][quote=WishYouWereHere]how much worse is Lazard, Jefferies, Perella Weinberg, or Moelis vs. CS, DB, JPM, and the other big banks? (assume GS/MS are heads and shoulders above everyone else of course), but how much worse is Lazard or Moelis than say UBS or DB?[/quote] This post... 2 years 8 months
no homo: It's a little more meritocratic than a...[quote=no homo]It's a little more meritocratic than a Bain PE (and to a lesser extent KKR PE) in that you don't HAVE to come from a Harvard+GS/BX PE/Bain Consulting/McKinsey (Bain) or GS/MS/BX (KKR, at least preferably) background, but it's not easy by any means, and you'll still find that the... 2 years 8 months
how much worse is Lazard, Jefferies, Perella...how much worse is Lazard, Jefferies, Perella Weinberg, or Moelis vs. CS, DB, JPM, and the other big banks? (assume GS/MS are heads and shoulders above everyone else of course), but how much worse is Lazard or Moelis than say UBS or DB? 2 years 8 months
MDs leaving at midnight and analysts leaving at...MDs leaving at midnight and analysts leaving at 2am on a friday night? banking is bad but on friday everyone clears out by 9pm even at the sweatshops from my experience 2 years 8 months
ok, thanks guys. just wondering because on here:...ok, thanks guys. just wondering because on here: http://www.wallstreetoasis.com/forums/2013-start-pe-associate-numbers multiple kids from upper middle market shops posted 250k+ numbers, which leads me to believe that's the range for MM PE, with the megafunds being 50-100k more (so 300-350k) 2 years 11 months