+2 Definitely still sweaty, but have heard juniors are tight knit. Long hours but at least better chance of working hard on a live deal compared to counterparts in TMT who will work 90-100 hours for pitches over and over. extraspacebra
+2 There actually wasn’t much overlap. LAZ historically much stronger on the US GP-led side and CL in Europe and LP-led. CL was also bigger on the cred and infra side where LAZ wasn’t present. Generic Banker
+2 For PE, programs that take FT are BX, Bain, WP, GA, and Vista. Analyst 1 in IB-M&A
+2 Problem is mainly M&A, FIG, M&T where you can’t coast. Miserable hours and you get paid same as chill groups where you slack  Associate 1 in IB - Cov
+2 Key benefit of the deal is that LAZ M&A team will now work hand in hand with both gp-led teams. Would expect some cuts in the buyout gp-led teams given overlap. Intern in IB - Cov
+2 PJT/EVR are really the top dogs, but most of their analysts target PE or L/S equity (which tells you something abt the current state of SS, but that’s another conversation) so wouldn’t really be your competition. Analyst 1 in IB-M&A
+2 Congrats, both great choices!  investingpengiung
+2 If you wake up in the middle of the night thinking about something, write it down in your phone and “throw the thought away” in your mind.  Don’t try to carry it and remember.  odog @digitalimmortality.com
+2 Depends on how much factor/beta risk you can take. If you can own $200m of NVDA and get % of PNL that’s diff than if you need to hedge industry and factor  HFPM15
+2 Very group dependent. My group is not at all and know many people that love their teams at HL… tech in particularly I’m pretty sure has a good culture. Analyst 1 in IB - Gen
+2 Melatonin is bad because it makes your body stop producing its own melatonin and long term reliance on  melatonin supplements is associated with some health issues. GS under Blankfein
+2 suicide Analyst 1 in IB - Cov
+2 More like Italy, historically good but nonexistent today. crazylifechoices
+2 If you’re reading this, please please do yourself a HUGE favor and do not go to this firm. Idk how the tech group still has any analysts. The comp is way below street (bonus and base) significantly. Associate 1 in IB - Gen
+2 First step is get return offer. Once you get that you should recruit for a full-time position at a better bank. Analyst 1 in IB - Gen
+2 Also, a lot of people have DM'd me on when I plan on refreshing the ranking, I plan on doing it near Dec. The_Biotech_Banking_Expert
+2 Just my experience as someone who has been in this position, I interned at a BB early in uni, and then did a few other internships and came back to join a BB through the FT interview process. Hk-monk
+2 Hey retard, you're on Wso, the user is called LongShort Analyst 1 in IB-M&A
+2 Have a good friend at DC Infra and from what I’ve heard that’s not really the case anymore. There isn’t much M&A deal flow there these days, it’s mostly debt advisory Associate 2 in IB - Cov
+2 “Oops” “Fuck” “I don’t know”  “It’s noise” “How should I think about x” “Can you give me color on x” “Fuck” “Leerooooy Jenkins” Anchor
+2 UBS struggling: -Makes it harder to recruit so you are perpetually understaffed (lean team = lean sleep) -Makes it harder to win deals so you are chasing hard for what will end up being throw away work Associate 1 in IB - Cov
+2 At least in the US you'd be very confident that the offer is safe.  Maybe UK has different customs. Dr. Rahma Dikhinmahas
+2 Echoing this. Analyst 1 in IB-M&A
+2 275-300k base 2 yoe jeez. Not sure about TC but even a 30% bonus puts this at tippy top comp Analyst 1 in IB-M&A
+2 UBS - Banking is our craft Intern in IB - Cov
+2 The tiering discussion is inherently subjective, so I won't comment and just discuss facts. The statement that FTI "primarily does creditor work" is simply not borne out by the facts. kegari
+2 bro's gonna steal ze moon Intern in IB-M&A
+2 I think your internship would set you up well for full-time recruiting in the fall. Just make sure you get some modeling experience. Director in CB
+2 Saying you can do all this in 10 minutes is the ultimate self-own Abusement Park
+2 As someone who owned an Oura, I found sleep tracking to be the biggest waste of time. You know when you didn't get a good sleep, you don't need a ring to tell you that. Abusement Park
+2 This is a non-issue. Pretty much every year a few people make a post like this and it's not an issue. nutmegger189
+2 If this is a serious post and u care about getting laid: Google “Good Looking Loser archive” and follow it to a tee, changed my life. Associate 3 in HF - Other
+2 I'd say stick to macro (rates and fx) thats where DB is best. Easier to get risk early on on macro linear desks because the risk is simpler and liquidity is better if that makes sense. buddy578901
+2 As cheap as humanly possible. You do not want to be chained to a job because of your car payment. seekinthealpha1
+2 Friend interned there a few years ago. Strong culture and very high performers in their space/fund size range; fund was growing. well regarded within their circle / peers. Analyst 1 in IB-M&A
+2 Yea, would echo what others have said. Use your safety net as a confidence cushion in that you can behave a little less desperately than those worse off than you in the industry. Associate 1 in PE - LBOs
+2 You're a great candidate especially for spain. Most of the time however consulting firms (at least in france) prefer end of studies/final year students, so aim to do at least another internship in Strategy Consulting. Business School in IB - Cov
+2 I hate when people draw this fake distinction, like you can either memorize OR understand a technical concept, as if the two are mutually exclusive and it can only be one or the other.  Analyst 1 in IB - Gen
+2 In the current recruiting environment your odds of getting back into PE are very slim honestly.  Associate 3 in PE - LBOs
+2 @PaldBenis Thanks for Prospect in IB-M&A
+2 Cousin works in that group - good hours and pay (An2 was $115K bonus). Great deal flow - he did an IPO, 3 sell-sides, 2 buy-sides, and various capital market deals in his first 2 years. Analyst 2 in IB-M&A
+2 If you want to do IB and maximize your chances, you want to do an IB internship. Then going down the list in finance-related. YesFind a mentor. reddemon
+2 read some jung son Analyst 1 in IB-M&A
+2 $250k all in Assist. VP in RE - Comm
+2 Because coming from money (and having it to fall back on) should never stifle one’s desire to make it on their own as well? GordonGekko87
+2 Went to Rutgers NB. Although few, but people have always placed even from Newark and I'm seeing an increase in this after the mega acceptance rate drop from NB which caused a chain reaction for Newark. Analyst 1 in IB - Cov
+2 That's a helpful perspective, thanks. I had already told the hiring manager when we first talked that my intention would be to work with them for 1-2 years before doing a masters and then consulting. karmed
+2 I recently had to complete a HireRight and went through something similar. Given that I'm a new grad, one of my internship experiences was through my school (a research position). Trader in HF - Macro
+2 My thought process too. At a far less prestigious firm than Bain and I'm having a hard time with any recruiter taking me seriously on my desire to go to portfolio ops.  Business School in CorpStrat
+2 Interviewed for an internship there almost 10 years ago. Was not impressed at all. Investment Analyst in AM - Equities
+2 The tombstone for this has to be the Maduro capture picture. VP in PE - LBOs
+2 The choice to go work with your dad/his friends is clear to me for a few reasons here: Thessalonians_5-16-18
+2 You can learn relevant skills at any bank (even crappy ones). This is coming from someone who went from a pitch and ditch shop as an MBA associate to a PJT/MOE/LAZ/PWP as a Sr Associate.  Associate 1 in IB - Cov
+2 Just put the fries in the bag buddy Partner in IB - Gen
+2 Hi — thanks for opening this up. Context so you can calibrate, then three questions. Torino99
+2 Seconding here - most technicals will be in English with behaviorals / softer vibe check in Spanish. Analyst 1 in IB - Gen
+2 I would take the TAS job as it has more transferable skills. Works at Cannacord Genuity
+2 I interviewed there 2 yrs ago and had a similar experience... Investment Analyst in HF - Event
+2 Adding on bank asset management divisions GSAM/MSIM JPAM UBS AM Guggenheim  2. Traditional AM+Insurance Intern in IB-M&A
+2 My advice - lean into your story, not away from it. List the operations role first, then the fast food job - you are a first year coming out of high school, and my guess is you are working your way through school(s). Addinator
+2 I know of at least one founder/developer who resorted to doing this kind of stuff on some of his earlier projects when he started to run out of money. Pokemon Master
+2 Just ask here so others may benefit  Analyst 2 in HF - EquityHedge
+2 Lol there's no way to spin the above take as positive. Even once the lockups expire if the stock falls 50% from here, Elon will have created over a trillion dollars of market cap with SpaceX alone. The Penguin
+2 I don’t understand being a long term W2 employee if you come from a wealthy family. If you come from a less well off background and highly value the cash pay, I get it. Associate 1 in IB - Gen
+2 if you can't type out GPA without making an error you are cooked mgw19
+2 Will give my input (don't work in the role currently but previously interviewed but ultimately declined the offer). plebehornhockey
+2 UBS gave me 50mm TC and a concubine steroidmonkey
+2 Echoing @kil These posts are pointless unless you explain what the alternative is. Is working at a small hedge fund better than unemployment? Pretty easy question to answer packet
+2 I was in corp banking for a few yrs then did 2 yrs in Private Credit at a small shop. CFACAN1
+2 "ONLY take concentrated positions in stuff trading in 60s-80s" Do you hate yourself?  Principal in HF - Event
+2 Ares is in LA.  VP in PE - Other
+2 Lmao “whoever you’re not allowed to question”. You guys are such losers. There are multiple threads a month about Jews on this site. VP in RE - Other
+2 Distressed, rates, securitized products, and FX. FX is super automated.  Stay away from credit outside of Distressed. Analyst 1 in S&T - FI
+2 congrats on evercore! blueyellowpink
+2 No, you are absolutely right. it is possible and why there are so many small boutique investment banks 5 - 30 people big. But two issues, one you need relationships. blueyellowpink
+2 Great combo for biopharma ER. Leerink is solid for rare disease coverage but you're right about the culture reputation. pharmacoach
+2 Solid background and the pharma commercialization deal experience in particular is more transferable than people think. pharmacoach
+2 Associate 1 in IB - Gen Managing Director in IB-M&A
+2 You should know the basic stats about the deal still, but no you don’t need to have owned the model. Just like how if you owned the model but don’t know anything about the business, that would get you SUPER dinged. asdf1248
+2 Why are you asking the M&A coverage analyst detailed questions about equity strategies lol Investment Analyst in HF - EquityHedge
+2 Rothschild gave me 50 Tesco clubcard points! Analyst 1 in IB-M&A
+2 A strong mobile app maintenance partner should do much more than just fix bugs. elenamia250
+2 Yep this is so dodgy a lot of students have enquired to me about Artane Partners, apparently on their website it says they've raised $5bn and worked on many transactions but when you click on said transactions nothing happ djones2
+2 I didn’t make this move but have worked with plenty of people who have. Generally in restructuring there are plenty of people who move from buy side to sell side, seen it in PCA too for what it’s worth Associate 1 in IB - Restr
+2 If you want to live in Florida long term, transfer to UF otherwise Cornell is much more likely to get you where you want to go.  Both have had shitty football teams... Count_Chocula
+2 This is probably the sweet spot for most. Enlightenment
+2 Bullshit. Success in VC is about access to the hottest opportunities, which is about people, which means networking is the only differentiating factor. Partner in IB - Gen
+2 Talk to people at other banks during the summer.. UBS only gives a short window to accept the offer  Intern in IB - Gen
+2 Respectfully, you're in IB, not a VC. Harley1200
+2 LDN Associate here (ignore the title) makes me wish i was an analyst again. Analyst 3+ in IB - Cov
+2 Quant Researcher (been in the quant space for 6 years now) here who had a similar path to the one you are describing. JQuant
+2 Oh, well okay then you’re fucked. Is that what you want me to say? Just keep trying… what other option do you have? Investment Analyst in VC
+2 Also would recommend the taking the SIE before starting. Gets mentioned all the time during interviews.  Analyst 2 in IB - Cov
+2 Assist. VP in RE - Comm CRE
+2 I wouldn't consider WF a MM bank anymore nor do I think the majority of people. wallstreetwannabe67
+2 Has to be some level of corruption involved  Associate 2 in IB - Cov
+2 I think you should be totally fine with the analyst program. It’s pretty rigorous and you will be competing and learning from a lot of smart people around you. thunderbird_neo
+2 Investment Analyst in PE - LBOs
+2 I just graduated from Cornell so I know what you're getting at socially, and I know what you're getting at in terms of already extracting the value you wanted from Cornell. Intern in IB - Cov
+2 Hey everyone, I’m a first-year undergrad (graduating 2028) at a European target uni. I’ll be applying for SA27, primarily for IB/PE roles, in London. Prospect in IB - Restr