Litquidity shared a real GS Analyst Survey.. this is brutal
Favorite analyst quotes
- "I've been through foster care and this arguably worse"
- "this is beyond level of hardworking, this is inhumane/abuse"
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Is anybody checking on the Moelis analysts?
We're getting absolutely crushed. It's even worse at some satellite offices - there was a mass exodus of associates from the LA office.
Sounds like what I've read recently. LA and HOU offices for Moelis are seeing mass exodus of analysts. Seen it on a couple forums now. You staying?
Heard that London and Dubai are getting absolutely crushed
post screenshots
Check @litquidity on Instagram. I’ve also seen the actual deck... pretty hard stuff to read.
PM the actual deck?
Source: 13 respondents.
So probably some first years surveying each other
Edit: But agree the job fing sucks.
“Probably first years” they’re analysts...
i mean, how else would you get data on first years beyond...surveying first years?
I know I'd never in a million years want my name attached to something like this, the fact that they even got 13 kids to respond and face potential backlash is noteworthy to me
How are associates doing over there?
I know two Goldman A2As that have left in the last 6 months, fwiw.
What is causing this, besides the insane deal flow, is the fact that seniors are jamming 1st year analysts as they always have, but the analysts have NOWHERE TO ASK FOR HELP. They are sitting there, no fucking clue how to properly do the requested analysis, and they can't ask a 2nd year cuz they don't pick up always. The associates are on even more deals and are arguably more fucked but can't really complain cuz they all chose this.
The analyst knows they are going to get yelled at no matter what, so they just sit and stress and dread the inevitable. In the past, the bullpen saves everything, because you can ask a friend, but now these kids are just spinning their wheels and afraid to ask more than a few questions because of how hard remoting in is and how dismissive seniors are. My EB has been pretty good about it, but it absolutely still happens, I've been trying everything to keep my analysts from dying but sometimes it's too much.
are you an a2a
This person is spot on. Hence why the lateral market for experienced people is so hot. I would definitely take advantage of that ASAP because once offices open it wont last.
I don't think that's true... open offices won't change deal volumes and won't instantly make people who disliked this job like this job.
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