Highest Ranked Comments In The Last Month

+1 Do people typically say C&R is complicated? I get ECM but I feel as though the general presumption around C&R is that it’s as barebones as you could get in terms of modeling and understanding. bigdawgPAT
+1 It’s a great outcome and good for Bain for being one of the few funds that plays in semis hardware/fabs/WFE but there’s definitely an element of right place right time given generational memory cycle. VP in PE - LBOs
+1 One MF offers fee free carry free coinvest with free leverage (3x or something ridiculous). But the liquidity (and returns) are dogwater. local_finance_bro
+1 100% co-location with PM is so fucking dumb....if MLP allows WFH, there is no reason Citadel, Baly or P72 should not. RxGonGivItToYuh
+1 equitystratFor IB: Left Lane Associates Transportation M&A group WaffleFalafel
+1 Yeah I thought it was gonna be some 7D chess too and realized that banking is just banking. Still the same shit at its core. Analyst 1 in IB - Gen
+1 Agreed. I did a brief corporate stint in '21-'22 and $310k cash even then when money was cheap and startups were flush w/ cash, these would be all clear comp outliers (sure, offset a bit by inflation but still). NuclearPenguins
+1 Upload into chat/any other ai, tell it to ask you the questions and to ask follow ups. practice speaking out loud like in an interview by using the voice to text feature to ballknowledge
+1 "Anyone else feel that RX is not some immutable, technical beast that it is often marketed as?" jl12
+1 Don’t believe anyone thinks ECM is complicated  Shelly1
+1 Have a decent slug coming up on a few deals this year. These were single deal waterfalls, no funds.  Director in RE - Other
+1 Tell them what you would acquire and what it would need to look like. CRESF
+1 sp1313bump This was just posted today. Where are you bumping it from, exactly?  CRE
+1 Question is impossible to answer without knowing what your job goals are, whether you want to stay in the US or return to your region, where in the world your region is (Booth has very strong presence in LATAM for instance Associate 2 in IB-M&A
+1 [ ]  Associate 2 in IB-M&A
+1 gotta love the hustle thebrofessor
+1 I'd argue if you dig in, it builds "mile wide inch deep" skills across a number of domains. Legal, accounting, tax, strategy, operations, etc. You get to a "B-" in all of them.  Principal in PE - LBOs
+1 Emphasizing the behavioral point. Bankers want to know that you are a chill person to be around since you’ll be spending 15hrs a day with them. Have your story down cold. Why banking? Why this bank? Why this industry? ImagineSisyphusHappy
+1 I’d also argue that you learn how to think about business fundamentals, capital allocation and risk/return. Very helpful when think about underwriting any role/investment/business problem. Analyst 1 in Consulting
+1 31, ~$300k. Banking for around 4 years now, prior to that took out huge loans to cover living expenses and MBA, prior to that was an hourly worker making ~$40k and saving basically nothing. Flynnsmolder
+1 They make these exceptions typically for two reasons if someone's been with the firm for a while or they have some type of presence in SF even if just 1 MD with a tiny office. VP in PE - Other
+1 No, it's not weird. The Penguin
+1 Move to buyside if you are a junior, senior ER roles will be harder than ever to come by and the shelf life will not be very good. AI is increasingly replacing the bottom 75% of sell-side analysts. The Penguin
+1 Agree that SRS was crazy good. Jetro (for both series of funds) was good, but not crazy good. I have no idea how their AUM has grown, Fund VI and beyond are average. Associate 1 in AM - Other
+1 bump Intern in IB - Gen
+1 I mean this in a helpful/nice way — you’re overthinking. just talk to them credev99
+1 ojapar20I'm actually cooked. IsItREPE
+1 0/10 ragebait bcbandar
+1 On_The_EdgeI didn't realize CFA classes were a thing. How did that work? Did you find a tutor, or was it a program through your company? Isaiah_53_5 💎🙌💎🙌💎
+1 What? neil88
+1 Spot on. The outflow of talent the last few years with almost no meaningful replacements is pretty telling of how little the firm values IB. RBOB_squarepants
+1 He is just unpleasant being around with, burps and eats loudly at the deskTakes all the calls from phone booths so the others do not hear him Associate 1 in IB - CB
+1 I’m leaving banking to go into law because of a lot of what was described here. Analyst 1 in IB - Gen
+1 Gay rolo25
+1 I’ll add Goldman and Ardea.  Associate 2 in IB - Cov
+1 i just accepted SA27 offer here. from what i know comp is a little below street average and hours are like typical IB hours. greengiant67
+1 90+ hours / week is the norm or more aptly expect to be available 8am-2am 5 days / week, 10am-12am on Sundays once you’re fully ramped. Analyst 2 in IB-M&A
+1 Fair. Analyst 1 in IB-M&A
+1 Did bro really have to use the world degrade 😭 Intern in IB-M&A
+1 I've used Gusto for a distributed team and it handled multi-state payroll pretty well. The real test is how they deal with state registrations and compliance issues when something goes wrong, not just running payroll. Hanlon
+1 Know plenty of people who came from m&a, so it's definitely doable. The main hurdle is networking. chimpingaway
+1 You say nothing about whether you can interpret financial statements and/or at the very least understand a conventional investment thesis. MMPM
+1 Take the offer. Yes, you'll earn less and the job stability will be lower. But you will now officially be on the buyside, which is the hardest transition to make. MMPM
+1 I do know my way around a financial statement though I don't think I am differentiated in terms of traditional fundamental analysis. But financial statements often enter into what I do - e.g. c.m
+1 ACA but bear in mind it takes about 3 years to do and even then your far more likely to get into IB in a deal adjacent service as opposed to Audit and then B4 over MM. Accountant in Acct - Other
+1 Hi, so are all ACA qualified bankers perceived to be previous audit/tax? lol - genuine question Analyst 1 in IB - Restr
+1 You'll be fine. There'll be some stupid HR ladies at BBs who will act like you've commited murder, but other than that most places will be open minded and value your experience. Just have a solid story! Investment Analyst in PE - LBOs
+1 What you’re describing is a large platform trying to be everything at once and paying the price in focus and identity. Ishtvan.moysa
+1 Associate 2 in IB-M&A Nobody Man
+1 99% of search funds are a joke. Just do your family office, L/S exp is way more valuable than even the best search fund could hope to offer you.  PrivateTechquity 🚀🚀🚀
+1 Is wang your quantitative? KageSelly
+1 I'm in Europe - but consider utilities. Particularly for corp dev there are a lot of options to develop internally or purchase platforms or individual assets. Whizzy_Stradlin
+1 curiousbanker123: He used to be. Best in the business. N KageSelly
+1 33 Senior VP in IB - Cov
+1 They IPOed below the acquisition value after 6 years and then got insanely lucky. Good for them though, better to be lucky than good VP in PE - LBOs
+1 Commenting to avoid bot wangmi
+1 Based on the most helpful WSO content, your situation is not uncommon, and there are actionable steps you can take to leverage your unique background and pivot into a finance career. Here’s how you can approach this: WSO Monkey Bot
+1 Know some guys/girls at Principal… comp isn’t bad for being in the middle of nowhere. Below are generally what I hear: Analyst: ~85-90k 15-20% bonus Sr Analyst/Associate: 95-110k 20-30% bonus Analyst 2 in RE - Other
+1 ojapar20 IsItREPE
+1 caprae capital Prospect in IB-M&A
+1 Associate 2 in IB-M&A Senior Consultant in Acct - Other
+1 VP in PE - LBOs Senior Consultant in Acct - Other
+1 For anyone who wants to build one of these end to end, best prep is doing a full case rep under time. A couple resources worth checking: repetutor
+1 Do they close the office for Good Friday? Dr. Rahma Dikhinmahas
+1 Your weakest point, from the admissions committee's perspective is the GPA, which is partially mitigated by your very strong GMAT. TheMFinCoach.com
+1 Both are exchange holidays, which you mentioned in your original post (assuming you are OP). Dr. Rahma Dikhinmahas
+1 1 didn’t even go to Andover. He’s not even the best at his game rooseveltfan
+1 As someone in the RXCO space and somewhat junior into career but not really I guess. fakefinanfe113
+1 How does something like 150-160k + 50% bonus (all cash, no equity) shake out? Manager title, big corporate, in an acquisitions / strategic projects type role. Lifestyle seems good and hire juniors out of MBB/IB Associate 2 in Private Credit
+1 If not an athlete Amherst is a semi target  PaulAllenIsInLondon
+1 Interesting. Were you at a smaller Lifeco? Thinking ones like OneAmerica or maybe even Geico or State Farm. Investment Analyst in RE - Comm
+1 Offers out IBMonkey1333
+1 Think they became a family office after poor fundraising. Tons of spin outs because of that VP in PE - LBOs
+1 I appreciate the note and absolutely happy to be a resource SmartApeETF
+1 Nope, I worked at two of the largest five in the country. Technically I worked at a 3rd, but it was in a high yield subsidiary, not the main GA portfolio. CRE Credit
+1 Yea dude lol. Ppl who say ts honestly make me think they’re largely all LARPing abt ever having been in IB or worked at any publicly traded bank. rolo25
+1 Absolutely crushing it. Thanks for the color. Investment Analyst in RE - Comm
+1 banging chicks and clubbing at night and chilling on the beach during the day. most likely in Thailand or Philippines. Kevin25
+1 34, $3.7mm $1.7mm liquid,  $700k home equity, $400k cars, $900k retirement Director in IB - Cov
+1 . 1844243919
+1 Maybe your home country is different, but here in the States you need to have ~$150M+ to justify opening a family office. Investment Analyst in HF - Event
+1 To lateral out of a sweatshop environment while managing a heavy workload, here’s what you need to focus on based on the most helpful WSO content: WSO Monkey Bot
+1 Hopefully you get the good news soon man. Cheers  Analyst 1 in IB-M&A
+1 what's the opportunity cost yoitwillbekkkk.17
+1 R u regarded goldengoosegg
+1 I'm 25. I'm going to keep spending a lot of time with my parents and grandparents (very lucky to have 4 currently but they're getting older) over the next five years. Lucky my parents are quite healthy still. johnny-mnemonic
+1 WTH going on at William Blair? Engineer in Risk Mnmgt
+1 Thank you! My GPA for applications is locked in as I have already completed all of my exams for this year. I plan on using these few months to polish my essays and maybe work on a project if i find the time.  Ahdgaibsj7161
+1 Paying less than $30k a year for Cornell is definitely worth it. Prospect in IB-M&A
+1 Should be fine DingalingMagnet
+1 Harvard -> IB Analyst -> PE Associate -> Oxford -> Move to Silicon Fen and found a Unicorn Startup  Intern in IB - Cov
+1 A hybrid approach, using local talent for core architecture & offshore for supporting tasks is recommended for scaling. Hazel_Parkery
+1 Who invited Warwick lol  professional.form.filler
+1 Culture is OK but the firm is clearly moving to NY to be taken seriously as an investment bank  RBOB_squarepants
+1 Yeah it does and that was my same reaction. This is a T-2/T-3 market fwiw. If those numbers really translate to the final offer, not going to be compelling enough. Another data point for all of us at least... Principal in RE - Comm
+1 While a prop shop is probably the quickest path to real risk, I would caution against a “quickest path at all costs” mentality. Make sure you are ready for the seat when the time comes. Seak
+1 Yeah but you have to live in England Pro Veritate
+1 International brand name recognition: Harvard Prestige: Harvard Course: Cambridge for maths Culture: Cambridge for the tutorial system Location: Harvard Prospect in IB - ECM
+1 Based on the most helpful WSO content, here are some tailored suggestions for your CV and questions: WSO Monkey Bot
+1 Agree with the $ cost being higher, but you should have more saved with each year, so in theory that higher cost of leaving should matter less. That assumes you're saving... VP in PE - LBOs