MTS Health Partners 2022 - Information and Reputation
What is the reputation of MTS? What are exit opportunities? Does anyone have information on recruiting?
Trending Content
Career Resources
WSO Free Modeling Series - Now Open Through
April 30, 2024
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
I have a buddy who just lateral there - hours are tough, pay is street
Bump
It’s a good shop but also a sweat shop
^Can confirm. Believe 6/10 original AN2 class have left as of yesterday, which is making it even sweatier. People are leaving literally faster than they can hire.
Any additional insights? Culture is toxic? Excessive pitching? Poor senior banker management?
Culture is strong at the junior level (AN -> VP) - especially ASOs - and seniors are mostly good but definitely more of a mixed bag. Pitching is one element - MTS has a unique way of pitching that involves endless profile books that are a huge time-suck outside of deal-related work. Otherwise dealflow is just very strong right now, which obviously leads to more hours.Other part is that it's just too easy to move upstream right now. Any of our analysts could easily move to BB / EB, so a lot of people don't see a reason not to. This creates a vicious cycle where AN2s leave, making it sweatier for everyone who's remaining, thus pushing more people out.
.
Deleted
+1 to this. AN1 here who will 100% leave if WFH policy becomes any less flexible.
Deleted
Does anyone have insight on what targets they recruit from?
Dartmouth, Wharton, Columbia, Notre Dame
How about weekend work?
Would be interested in this ^
The associate 3 I know does no weekend work but perhaps that’s cuz he’s senior?
Deleted
That's pretty insane. What do you think all-in comp would be around for a first year analyst?
A VP and an associate 3 I know are forever chilling. (Been there since analyst years).
so either it’s not a sweatshop or theee 2 guys are really efficient and fast in their work
Difficult to judge on the basis of two folks. Could be anything...
I've heard it is quite sweaty and folks literally work every Sunday
Deleted
Interviewed with and had an offer from these guys. Sense was they were working primarily on life sciences txns (2/3) and some services (maybe ~1/3 of deal flow) primarily with offer value under ~200M. Know that some of the senior guys have strong backgrounds (though doesn't sound like founder Curtis Lane is actively involved in finding deals at the moment) - pretty sure Andy Weisenfeld is the primary fee generator at the firm these days.
As it relates to exits, know of a few guys who exited to stronger banking platforms before their two years were out - sometimes to non-healthcare groups as well. As for buyside, seemed there was a nice pipeline to healthcare-focused growth and venture shops (Northpond / Aisling / etc.). Most people exit but some homegrown bankers at the firm (one director who joined as an analyst out of undergrad.)
At the undergrad level, key schools are Wharton and Dartmouth (primarily b/c MTS runs a winter program that schedules well for Dart students). Many of the Wharton students come from the healthcare management program. Quite a few Columbia guys.
Pay is strong at least at An and Asso, obviously can't say beyond that.
That director just left, lol.Also just lost an AN1 to GS and AN2 to Orbimed.
Ha, didn’t realize
Funnily he was the main guy encouraging me to come on
Have heard Orbimed is a strong shop
Any more information? Interested in lateraling to them.
Unanon your comment and I'll send you a PM.
b
It's a no name bank outside Healthcare and even inside Healthcare is lower tier garbage
^^This - I would rather shit in my hands and clap than to work for MTS. MTS actually stands for "Make Them Suffer" with "them" being the analysts
Can you elaborate on the suffering part? Are hours / weekend work worse than other banks?
Removed
An 1 here - leaving the second bonus hits. Hours are far more than other banks
What do hours generally look like?
Is it specifically bad for their Life Science coverage or their Health Technology coverage? Or both?
Hi - can I DM?
Bump
Bump
.
hmmmmmmmmmmm
Honestly what is a MTS
.
.
An1 left today because it is a sweat shop. Sent a stupid email to the partners on his way out
An1 left today because it is a sweat shop. Sent a stupid email to the partners on his way out
An1 left today because it is a sweat shop. Sent a stupid email to the partners on his way out
🧐
Del
Del
Del
Del
Molestias quia deserunt vel et. Dolor aliquam doloremque a dolor ratione atque. Odio aliquam distinctio quasi voluptas vel voluptas. Enim voluptates blanditiis quasi et exercitationem. Inventore impedit dolores consequuntur temporibus omnis. Quae quasi qui est et rerum occaecati dolores. Sit dolores et nulla doloribus molestiae qui sint.
Et aut ut rerum minima voluptate. Et exercitationem voluptatem similique impedit.
Quam possimus dolorem est possimus voluptates delectus. Id repellat vel vel maxime. Tenetur quibusdam incidunt non sed rerum occaecati iusto.
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...
Itaque eligendi dolorum possimus est eligendi voluptatibus veritatis. Mollitia et maxime labore ratione saepe et iure. Nostrum soluta necessitatibus non quia aliquid animi. Vero ut esse vel nobis est repellendus consequatur. Mollitia ut quibusdam veritatis totam. Quam itaque id mollitia nesciunt asperiores facilis.
Nulla ullam maiores ipsam ut dignissimos. Laboriosam qui id nobis magnam minus. Et et id quo beatae aut.
Provident voluptatum et et vel. Quod officiis assumenda harum dolor nam sint. Laudantium quis sed omnis modi reprehenderit.