I Gave Up on Buyside Recruiting - Dropping Prep Materials + Technicals

Hello fellow monkeys.

Recently, I decided to give up on buyside recruiting and stay on as an Associate in IB. I realized I simply didn't want it enough and just ran out of energy to dedicate to the search. I've also frankly enjoyed my time in IB a lot and look forward to continuing my path here. A big shoutout and thank you to everyone on WSO that gave me advice and helped me throughout the process. Feel free to AMA.

A few months ago, I said I would drop the technicals I got throughout my process, so I am keeping this promise.

I've gathered a bunch from myself and fellow friendly analysts. Attached is my collection of technicals and case questions I / my friends have gotten throughout the years in buyside recruiting. 

Note that I do not have all the answers, as a bunch were not asked to me. 

Edit: Also, I have to give a shoutout to WSO's Private equity interview prep course. It was absolutely invaluable in my prep. I may not have secured an offer (because I suck at walking through deals lmao...) but I passed every model test I got thanks to the course. 

Edit 2: >100 people have now received access and my inbox is "clear". I 100% missed a few messages (WSO inbox is not built for mass message tracking lol..) just message me again with your email and LinkedIn, thanks.

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Feb 11, 2021 - 10:09pm

1. What are some general plans for the future?

- Do you want to go back to school

- Go more the corporate development side

- stay in IB longer before making a decision

- start a business

- or other/take a breather

2. How have your plans changed since you were younger/in college

3. From your experience and looking at your peers and friends is networking even more relevant in the working world. As a college student should I be more proactive in trying to build a network / gain a better tolerance in reaching out ot people and following up? 

See you posts all the time, hope things work out for your and best of luck

Feb 12, 2021 - 1:46am

Hey thanks man,

1. I'm 50/50 on going back to school. Not quite sure yet, but ultimately want to go into corp. dev. in tech / software. If that requires an MBA, then sure. But for now, definitely staying in IB for a bit. Still think there's a lot to learn, and I'd love to get some good tech deals on there to position myself better later on.

2. Well, I had no plans to be completely honest haha. Despite my recruiting answer, the honest truth is I followed whatever path seemed like it would guarantee financial safety. Then when I got to college, part of me wanted the prestige. And then after recruiting, I've realized I don't really care about the prestige, but I still care about financial stability. So that's where I'm at :) Plus, I do enjoy it here so not like I'm selling my soul or anything. 

3. Yes 100%...one of my biggest regrets. I maintained a small circle, and that was a massive, massive disadvantage when it came to recruiting. Of course, I'd say just be humble and friendly. Don't need to go super tryhard cold-calling and pitching stocks. Just be a chill person to hang around and more people are willing to help than you'd think.

  • Analyst 1 in IB - CB
Feb 12, 2021 - 4:01am

Just want to thank you for doing this. Spreading materials and knowledge is so helpful for many that may not have access to it through other means.

Feb 12, 2021 - 8:42am

Just wanted to comment and add two things:

1. Good on you for being introspective and understanding what makes you happy in your career (at least for now) instead of getting swept up in a wave that might or might not be for you.

2. Duo queue sometime?

Feb 13, 2021 - 9:26am

Not sure if my post edits are showing up, but in case it doesn't, ~100 people have now received access and my inbox is "clear", but I've 100% missed some messages. The inbox on WSO is hard to use to track this many haha. Please message me again, and I will try and get back to you if I haven't already. 

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