Deleted.
Deleted.
Trending Content - Investment Banking Forum
| +253 | Earliest you can get fired | 46 | 7h |
| +244 | UBS’s M&A BANKERS ARE DOING TERRIBLY. $200M EXTRA IS BEING CUT | 41 | 7h |
| +236 | Are target prospects getting dumber? | 49 | 9m |
| +228 | MBB Pay Raises | 47 | 7h |
| +212 | Career Crossroads | 25 | 7h |
| +210 | US 2027 SA IB worried about background check | 50 | 11m |
| +200 | Investment Banking is Divine | 34 | 2h |
| +192 | Analyst: Why is UBS IB doing worse than peers?, UBS CFO: No Comment | 38 | 7h |
| +191 | How do YOU manage networking requests? | 28 | 7h |
| +189 | Leaked Interview Questions to Recruiting Services | 69 | 12m |
Career Resources
Bump
Bump
Bump
Bump
Such an overall balance does not exist in Houston or anywhere else really. If your firm has strong deal flow, you will be worked to the bone. If you have great WLB, your firm has no deal flow and your comp will be shit. JPM/MS/GS/EVR/JEFF/(TPH?) are considered the top firms in Houston in terms of the deals they bring in. All of them have terrible WLB but comp is good, and culture especially at GS, EVR, and JEFF is questionable at best. Even at slightly lower-tier firms such as BofA/Citi/Moelis, WLB is not great and comp is less. It's not until you get to the real shitters such as Scotia/KeyBanc where WLB is great but comp and bonuses are laughable. There is no balance, at least not in Houston.
I'd this is accurate in any IB group. Read a post a while back that got pretty big saying that all pros and cons of a job are "priced in" and this kind of reflects that
it's not accurate at all for NYC teams given how bloated some of them are. look at the BAML thread where there's >40 associates in certain coverage groups.
Product groups in NYC are also way more chill than coverage in houston.
Historically comp at Moelis is upper street even in years where they suck (which is most of them). Ken has a hard-on for traditional energy and has always subsidized the team in down years. Also why they’ve tried to recreate the team like three times over the past 15 years with Trauber being the splashiest (and priciest) attempt.
Would also be careful to separate “sweaty” from high deal flow and “toxic culture” from people who are terrible to work with. They aren’t the same and there is a big difference between 100+ hours with people who are broadly respectful and 100+ hours with people who are dicks. Some pretty big differences between cultures at the places you flagged (though all sweaty).
Ut dolorum doloribus vel consectetur a rerum dicta. Hic voluptas cupiditate enim suscipit dignissimos dolor. Odit ullam debitis ad consectetur. Sunt soluta cupiditate a maxime ut sed nihil. Laudantium et molestiae vel quidem cumque voluptatem sequi.
Voluptatem sint expedita ad maxime vel vitae ex illum. Natus labore minus quam officiis nihil animi qui. Quasi non quo voluptas quis dignissimos sunt quam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...