+1 Can you please show next 15-30 names? Where is UBS? Intern in IB - Gen
+1 Congrats on UBS! Analyst 1 in IB - Cov
+1 or the guy/gal that went to actual IB/M&A Retired in PE - Other
+1 Network with ex PE / IB / ER guys in corporate. Treat it like initial recruiting to get into IB where you’re setting up tons and tons of intro calls. Associate 3 in PE - LBOs
+1 Principal in PE - LBOsNews flash: $50-90m ARR point solution software companies are going to zero. PrivateTechquity 🚀🚀🚀
+1 Ignoring my title - chipping in from the O&G side, seems about the right level for college juniors/seniors with maybe a summer of experience. AdjustedFCF
+1 heard comp is street if not slightly above. Good deal flow for EIT especially  Analyst 1 in IB-M&A
+1 V helpful thanks. Esp the part about taking it seriously and treating it the same as top PE/HF. Associate 3 in PE - LBOs
+1 They're literally same tier as Ivy leagues. That's just statistically true. Williams especially, their grads pull HARD for networking and who gets super days.  usernameladiesman217
+1 Good, I see the headlines coming. Imagine loosing market share b/c an over worked analyst didn’t catch or wasn’t smart enough to catch a hardcoded hallucination. Larry Lamda
+1 I used claude in excel for some cases, some of the graphs and normal chat for reviewing the memo that I usually write myself. Asummers521
+1 Ye the supposed “target” is probably nyu a&s. Analyst 1 in IB-M&A
+1 Thank you incoming MFPE Aso, very cool  Analyst 1 in IB - Cov
+1 You’re welcome Also will note that most hot girls do not know most MFPE. They will this wealth mgmt at GS is better than PE at H&F. Analyst 2 in IB-M&A
+1 It’s such a firm-dependent question. If you’re at a growing shop adding heads left and right (very rare these days) it could be 20-30%. But would say for most relatively mature funds it’s maybe closer to… 5%? asdf1248
+1 Prepare to get underwhelmed looking at the post tax value lol Would say generally that no one (all the way up to and including MD) is typically “happy” with their bonus asdf1248
+1 I lateraled to an BB after 5-6 months out of the MM I started at out of college. asdf1248
+1 Adjusted for COL and taxes, analyst comp is definitely better vs NYC and hours are generally better but you’d be surprised how sweaty some Charlotte/Atlanta groups can get. Also exits are obviously a lot worse. Associate 1 in IB - Cov
+1 Not really - I am pretty sure they led less than 10 deals in the last 24 months.. bad bonus for juniors and paradise for deadwood seniors who can't originate Analyst 2 in IB - Restr
+1 If you count M&A creds for financing 2 mega deals “on the rise” then yeah, I guess they are… Intern in IB - Gen
+1 Still alive haha I used to own these boards back in the good ol’ days  Pizz
+1 Looking at any involvement tables instead of fees is paradise Analyst 1 in IB - Restr
+1 Close ended MCP is pretty much a big deal if true. When I was there at JPM last summer the LLMsuite was primitive, but powered by frontier LLMs like ChatGPT.  Analyst 1 in IB-M&A
+1 I got u gng Analyst 1 in IB - Restr
+1 There are very few ppl who make it at their ‘first fund’. Maybe LGP is the one exception VP in PE - LBOs
+1 Analyst 2 in IB-M&AYou’re welcome Associate 1 in IB - Gen
+1 Plzzz saaar, I can smell you form here Analyst 2 in IB - Cov
+1 get an hp shit box with a decent cpu and no other bells andwhistles. then upgrade the ram(make sure it's not soldered to the fucking mother board). Analyst 2 in IB - Cov
+1 was it actually just behaviorals Intern in PE - Other
+1 Do we have our own TMZ now? IsItREPE
+1 This guy also gets no bitches DTOWN34
+1 this is heavily skewed by dominion/nextera which has 120 b EV. Analyst 1 in IB - Restr
+1 It is becoming more common to have someone sit on zoom and have you share screen while you do these given the prevalence of Claude. VP in PE - LBOs
+1 For the NextEra/Dominion deal WF is getting 24.5 million in advisor fees and Lazard is getting 28.5 million. Intern in IB-M&A
+1 Im sure they use many in-depth traditional financial models like the ones you have mentioned, but I also think that any edge in this field comes from knowing more than anyone else about the actual science behind it. lilmasy1
+1 My firm administers the test in person because it’s quite easy to cheat or have candidates copy and paste blocks of formulas from a template. losing interest
+1 sent u a msg Analyst 1 in IB-M&A
+1 Reading up on how project finance works would be a good start. There are lots of materials online or you could buy a book. Director in CB
+1 A lot of people don’t really model Just figure out peak sales, risk adjust it, then slap a 2-4x multiple on it (lower for worse IP) leveraged_burnout
+1 0 chance that is the case lol Intern in HF - Other
+1 Congrats lil bro 🎉 Intern in IB - Gen
+1 Solid pick. Another structurally active sector.  Rabbit
+1 Only experience is with Rogo, it's getting better but still miles off the finished article. From what I hear, Claude is becoming very good Analyst 1 in IB-M&A
+1 Public credit is always an option and shouldn’t be too hard of a sell from your background. ibmayb
+1 Thank you. What would the timeline to switch to public credit look like? Have heard the earlier I leave the private side the better. How can I make up for the potentially less rigorous training compared to the RX guys? Prospect in PE - Other
+1 Tbh this is only down to picking Emory or staying at IU (would throw USC completely out of the picture since it would be too late for IB recruiting to transfer). californiakid2003
+1 I didn’t come from private but I’d look to leave within a year or two. Learn your docs, use all the resources you have like junior lawyers or more senior guys at work who can walk you through the basics. ibmayb
+1 Healthcare / Biopharma will ALWAYS have M&A due to the nature of each drug’s lifecycle senior_associate@goldman_stanley
+1 Congrats on Bernard college. Signed, columbia college 27’ AK6969
+1 $10 venmo Intern in IB-M&A
+1 This is insanity. Wow SOFRsoGood
+1 I made an excel check list for things to check and dumped it in the sources section. Works like a charm  Analyst 1 in IB - Gen
+1 I’ve used AI to check for numerical inconsistencies for decks where I’m pulling like 10 different sources together. Just makes my review quicker tbh, but I still review myself to build the eye for it (if I have time) seekinthealpha1
+1 Probably depends on a number of factors including cash comp, YOE, partner background, etc. At first read, 7.5-12.5% seems high. surfsup34
+1 Hours are better but not easy. 60 to 70 hours instead of 80 to 90. 2am nights still happen, just less often. dean787
+1 Make folders for each live deal. Also admin, internal team, and external. Use rules to sort automatically.   dean787
+1 Just send them an update email saying you graduated using your school email and CC your personal email. Use your personal email going forward when you reply to that chain. VP in PE - LBOs
+1 Coming from someone who has an accounting minor (switched from major after realizing some of the classes were pointless for what I wanted to do ex: taxes), I'd go with the philosophy minor. ballknowledge
+1 This is very true ebitdadddddy
+1 Head of GIG left  Intern in IB - Gen
+1 GT unless your parents are rich  PM in HF - Other
+1 "you just need budget for tokens" is doing some insane lifting here. user_5991
+1 Lol so this bank is cooked then? Levin the only good coverage head still there. He’ll probably be out soon as well I suppose Intern in IB - Gen
+1 Switch to personal email and update with where you’ll be starting and looking forward to keeping in touch as you enter this next chapter stephen4056
+1 CREmonkey2145773 Pokemon Master
+1 I got accepted into a top target school and then a top MBA program too so I would just say it's all going to fall into place PhantomGhost
+1 No chance any analysts make anywhere close to that 110 + 70 mark, that'd be just as high or higher than their IB counterparts at those banks (especially BofA). Trader in AM - Other
+1 You can and will get looks from CAS regardless of whether you are a transfer or not. Intern in IB - Gen
+1 In NYC but have many buddies in ATL/HTX and feel like this is definitely so true rolo25
+1 Back in my day (and I'm talking almost 20 years ago, really), we used to pepper our motivational statement / personal statement with tales of books we read that inspired us. Count WACCula
+1 Astrophysics minor Intern in IB - Cov
+1 Memorise some BBG terminal shortcuts if buy-side / ER / S&T Intern in PropTrad
+1 I'm also doing unpaid searchfund right now, wish I got paid at least a couple bucks an hour lol. FinanceStudent9001
+1 I recruited for SA27 and landed in one of their better groups. Most of the industrials team is in Cleveland, and they have a few seats in NYC for specific subverticals. Analyst 1 in IB-M&A
+1 anyone get an r1? Jamie.S.Goldberg
+1 Bump. Never head about it myself but curious to see if this actually happens.  Intern in IB - ECM
+1 AmSec if they had an all-star IR team Analyst 2 in IB - Cov
+1 and she keeps you around for your money  blueyellowpink
+1 UBS sucks Cockasaurus Rex  Associate 2 in IB - Cov
+1 Brother, getting paid is a luxury good in this asset class. My compensation history is basically: logdog
+1 Literally no need to do any finance related minor. Your prep can easily be done outside of school and most courses in school don't apply properly to technicals. Prospect in IB-M&A
+1 I like my decks like I like my steaks - well done Managing Director in IB - Cov
+1 I wonder if they try to sell how much loans from the ubs and credit suisse branches would need to come with it for the deal to make economic sense? mkaypowlo
+1 JPM comps equivalently in their AWM program on either AM or PB side unfortunately. Possibly catches up by the time you are VP and exit the A2A program Trader in AM - Other
+1 Analyst 2 in IB-M&A Enigma15
+1 OP here. Ended up taking a full time analyst spot at a LMM IB, was truly brutal recruiting without the return. Any advice on lateraling in 9-12 months? Intern in IB - Cov
+1 Sorry bud you are so cooked. Investment Analyst in IB - Gen
+1 I've seen people move coverages when going from IB to HF but it's not easy obviously. You need to jump the hurdle of them making the easy choice of hiring someone with coverage experience. nutmegger189
+1 It’s easy to do, just be clear with headhunter/BD. Hedge funds don’t hire IB analyst for their sector knowledge anyways (contrary to ER candidates) Research Associate in AM - Equities
+1 Seeing this thread making the rounds is a brutal reminder of how common this is in the industry, especially when trying to balance deal flow and buy-side recruitment. elsizinie939
+1 1-2%4 big filters, % moving on: VP in PE - LBOs
+1 Thanks. To your last point - can you share examples of what people who leave do that is still high reward with potentially lower risk? Associate 3 in PE - LBOs
+1 lmao ironic  ivanshah
+1 This is true of lots of places.  Many of us are New Yorkers, and NYC is incredibly strict about this sort of thing. Ozymandia
+1 Bump Prospect in IB - Gen
+1 I took and passed 3 modeling exams, 2 proctored online and 1 non-proctored. The non-proctored one had about 40 assumptions and took every second of the allotted time (2.5 hours). Mr.FinanceGuy7
+1 If you can do well in a 3 hour or 6 hour modeling test your technical knowledge is fine. John_Aislabie
+1 Puertorrican here. Born and raised on this island pretty much all my life. Love this island with all my heart. Went to Boston for four years of undergrad and did my MBA in the South. Came back to work in finance.  monkeyMAN8008
+1 Truly don’t understand all these comments of people saying they’ve been worked to mental implosion and just saying “I know where you’re coming from, keep going and hang in there” — are you people sick?? Analyst 1 in PE - LBOs
+1 Just an update. No call. Easier for them that way. VP in PE - LBOs