14 Comments
 

I would highly consider somewhere else, worst return offers across the street this summer, things aren’t looking up internally. If you’re a diversity candidate especially you’d be better off elsewhere

 
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35-40% for summer analysts, even worse for summer associates, just straight lying by staffers and HR. No one, including the full time people had much to work on. M&A and sponsors team got dissolved over the summer. In addition, there is only 1 female senior in the entire NYC office so take that as you will in regards to a women’s program. There’s a good thread on this summer that you can find somewhere. Rx which has always been their leading franchise lost both co-heads this summer, in addition at least one VP (who was the staffer in the group as well) left with Parkhill to Guggenheim. Haven’t been able to win good debtor mandates in a long time, creditor mandates aren’t looking too hot either. There’s strong talk internally that there are 1-2 more MDs in that group that are “rockstars” that are going to leave pretty soon as well. AN1 class that just started was huge, and there’s way too many AN2 and AS0/1 because they firms has a big anti-buyside recruiting culture. Can’t imagine things will get better soon, looking to jump ship personally, just a tough market.

 
Funniest

one of my friends who actually led the program explicitly told me that they literally just took the hottest girls who they interviewed lol ~ take that as you wish LMAO

 

he literally told me he asked this girl "why investment banking" and she was speaking literal nonsense about how she really liked math and how investment banking would allow her to utilize her calculus skills. she still got the offer cuz she was mad pretty lol

 

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