WSO Weekly Wrap-Up (2/27-3/4)
In case you missed them, here're some of last week's most popular topics:
Re: Does School Prestige Matter?
Post By @MBAApply"
"Five years from now..." is a pretty good benchmark for the half-life of most business or career-related arcs (okay, maybe 5-10 years, depending on the career or industry). As an undergraduate or fresh graduate, of course your undergraduate program matters - to you, to your peers, to recruiters and to your parents (if you have helicopter parents). Beyond 5 years, your undergraduate program does not matter so much.
Stuck in the cycle
Post By @otehsde"
Almost daily, I switch between enjoying M&A and not being sure whether I like what I am doing. The thought of having to slog a few more years as an analyst and trying to move to a more reputable bank for PE ops is something I have considered, but I wonder whether slogging off at my current role for another 1 to 2 years of my life is worth it. To be honest, our associates work basically the same hours as I do, so this feeling is essentially indefinite. Am I the only one out there?
50% Lower Compensation-- Would You Still Work in IB?
Post By @Nick Naylor"
That is one idea proposed in a recent NYT article about the lagging performance of banks, specifically in regards to their ROE. Though IB compensation would not be cut in half exactly, 43 percent is still a huge haircut. Is that the direction which banks should be heading towards? Would you want to keep working IB hours after your pay is cut in half?
Alcoholism?
Post By @tackytech"
Is anyone else in the same boat?
Long-term PE - Lifestyle
Post By @m2"
at an MBB. Do you really work that much less? With such high stakes, I would think that you do not get that much downtime versus a McKinsey partner.I am interested in understanding what PE as a long-term career looks like in mid and large-cap funds with regards to the lifestyle, especially compared to a MD at a strong bank or a partner
Role of REPE Funds In Development Projects
Post By @Pokemon Master"
I am getting the impression that REPE funds do not play a very big role in the development process when they have a developer partner. What else exactly does a REPE fund do after they have invested in a development project?
Teller's Comprehensive Guide to Diversity Recruiting
Post By @Teller"
I created this thread because I think that diversity recruiting is a powerful tool that is very much underutilized. This thread is split up between fly-in programs, internship/scholarship programs, and recruitment organizations.
Military- Too old for Consulting/ IB?
Post By @rj1443"
I know a lot of consulting firms and banks love military backgrounds, but how do they view an older than average military candidate? Do I stand a chance, or is my best bet to move into something like marketing/sales with a military equipment or tech company? I want to make sure I know how to use my MBA effectively as an older candidate one day.
RX vs M&A: Breaking In?
Post By @Wrong"
Why do people say it is so much harder to break into RX compared to breaking into M&A? Also, which stream may be busier over the next several years?
Retail Management vs. Booz Allen Hamilton
Post By @1600mPenn"
Booz Allen Hamilton as a General Management Consultant Intern for this summer, I was wondering whether it is worth reneging on my retail management internship to switch to BAH.I am a sophomore at a non-target, state flagship university looking for some advice. Back in fall 2015, I accepted an offer for an internship in retail management, because I did not have any strong leads in Consulting back then. Now that I have an offer from