Trending Content - Investment Banking Forum
| +162 | As Lehman people reconvene at UBS, Barclays needs to hire (2023) | 23 | 2d |
| +150 | Worlds Worst MDs Competition (2026 Edition) | 21 | 1h |
| +136 | Is pay at BofA really that bad? | 65 | 14h |
| +100 | Who Killed Wall Street | 33 | 2h |
| +92 | Day at Macquarie | 12 | 2d |
| +92 | Lindsay Clancy - Thoughts from A2 | 21 | 13h |
| +51 | How bad did I mess up | 10 | 3d |
| +41 | EB (EVR/CVP/LAZ) vs MBB (Bain/BCG) | 20 | 1h |
| +35 | Misrepresented Houston IB | 14 | 3d |
| +29 | JPM SMALL CAP or WF/JEF/RBC Coverage group | 13 | 2d |
Career Resources
fig or pu&i — diversity chuds from semi targets dont have the brain power to model a CCGT
FIG is paradise
Del
As someone in PU&I. I agree
Prob RE
Is it because of relatively lower deal flow or lack of experienced bankers having a background in construction/real estate?
Cuz it pigeonholes you into Real Estate. Not sure how you intuited the two reasons.
1: Relatively lower deal flow - No the bank you are at determines this not what coverage group you are in
2: Lack of experienced bankers having a background in the field - No the two most popular coverage groups are Healthcare and Tech so it does not hold up
Anything very specialized and niche, like the above user said I'd probably guess Fig and O&G. P,U&I is hot rn but the modeling is bruuuutalllllllll
pub fin is pretty lowkey, people just don't know much about it and that has reverberating effects
Reverberating clout
What are people’s thoughts on chemicals? Does it pigeonhole are could you lateral to a broader industrials group?
my coworker lateraled to rx from chemicals lmao
Do you mind sharing what bank he came from and what bank he went to?
Do you mind sharing what bank he came from and what bank he went to?
I'll throw out metals and mining, it's actually a strong coverage group at most any bank with a decent industrials group, but man do you get pigeon-holed. There's always M&M/Industrials PE, but the industry-side exits suck mostly because you're working for a mining company lol
The kids yearn for the mines
Mining corp dev roles usually pay more than your typical corp dev role, but you’re right it’s boring because you’re working for a mining company
What exit would be good? Most people probably just prefer tech because it’s cushy and everything else is just a job
Mining corp dev roles usually pay more than your typical corp dev role, but you’re right it’s boring because you’re working for a mining company
What exit would be good? Most people probably just prefer tech because it’s cushy and everything else is just a job
Mining corp dev roles usually pay more than your typical corp dev role, but you’re right it’s boring because you’re working for a mining company
What exit would be good? Most people probably just prefer tech because it’s cushy and everything else is just a job
P&U is awful - avoid
What’s wrong with it?
It's niche like mining/O&G/RE but, unlike the other three, is also heartbreakingly boring.
FIG is actually interesting to me lol tbf 90% of people I meet can't understand FIG so I get it's a hard industry - makes my job even more secure relative to others lol anyway
Only downside is less PE roles but not zero at least lol
Anything that pigeonholes you is unattractive.
So, M&M, O&G, PU&I, FIG, and RE. That being said, it creates a wonderful opportunity for a young person who knows they want to specialize in that space.
Anything that pigeonholes you is unattractive.
So, M&M, O&G, PU&I, FIG, and RE. That being said, it creates a wonderful opportunity for a young person who knows they want to specialize in that space.
Personally disagree on FIG as a pigeonhole: exits I've seen to PE exist, either to MFs or FIG-specific PE shops. They remain competitive to TMT etc. especially more recently with rise of fintechs.
Ignore title also, can't seem to fix it.
Avoid PUI at all cost :)
Why?
Nobis porro voluptas adipisci. Et nobis sit ut.
Consectetur deserunt numquam quo vel. Consequatur provident accusantium esse quia non. Ut sapiente saepe quod omnis error ea nulla. Nihil et quo sint. Est unde modi pariatur animi deleniti aut. Minus atque enim minima animi autem facere.
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...
Nostrum labore consectetur voluptatem commodi. Occaecati provident repudiandae voluptas saepe sit. Sint quae explicabo qui molestiae. Et delectus ex vitae veniam optio. Corrupti quas hic necessitatibus enim repellat soluta. Ducimus non nostrum nulla.
Necessitatibus optio voluptatibus sit voluptatem sed accusamus sit. Non nesciunt recusandae unde placeat esse. Atque aperiam sit laborum sit et dolores non.
Nostrum assumenda vel quos laudantium in a. Incidunt iure voluptatem rerum quaerat qui mollitia. Nulla sed quasi ipsum. Molestias officia cupiditate eveniet.
Sit qui consequatur dolorem itaque a tempore numquam quos. Repellendus voluptas nam labore delectus in commodi dolor commodi. Qui iure non sunt quis harum nulla.