+38 Broadly agree with your take. Nothing too surprising, you just realized that the Wizard of Oz is actually just some MD tweaking a debt schedule. Director in IB - Restr
+19 you are an idiot and you deserve to be treated as such. shitty mentality which will get you a shitty outcome. winners are winners. Analyst 1 in IB - Gen
+17 33, 2.0MM Hopefully IB for 3 more years and get to 5MM and can walk away ImagineSisyphusHappy
+15 Cuz I’m interning there Intern in IB - Gen
+14 Yeah most people would typically do the opposite: party their ass off Freshman and Sophomore years and then transfer and buckle down as a Junior and Senior. CRE
+12 WTF is Wells Fargo Cooking? Analyst 1 in IB - Gen
+12 Let's parse this: last fund at 14.1bn in 2022 - that is 16.15bn in 2026 dollars, new fund is a down fund in real terms regardless of how you spin it.  Associate 2 in PE - LBOs
+12 Lmao now I understand why you're getting pussywhipped by an associate Partner in IB - Gen
+11 Sage advice from the intern. Dr. Rahma Dikhinmahas
+10 They thought they could go up market as the bigger banks were starting to go down market. The result is they lost prestigious bake-offs and neglected their historical core mid market revenue stream. Managing Director in IB - Gen
+10 Wells Fargo is paradise confirmed Prospect in IB-M&A
+9 I want to be able to buy a 3 bedroom single family home in my hometown (LA, or anywhere in Southern California) and be able to support a family of 4 with one income. IBNKR
+9 Barclays homies thought their massive guarantees meant they now worked at Goldman and could do deals like Goldman.  Associate 3 in IB - Gen
+9 Just google filter 2023-2024 and “UBS bank hires” “investment banker” You’ll easily be able to find the articles and 99% of these MDs were trash, and I’m still searching for the 1% who weren’t trash Associate 3 in IB - Gen
+9 BofA if…-you want significantly lower comp $-you want 15 people on your deal team including insecure VP’s giving irrelevant comments -you don’t want pure m&a and want to work on dogshit lending deals Associate 1 in IB-M&A
+9 The brush strokes are - the social media personalities out there (Codie Sanchez, Ben Kelly, etc) paint this to be very different than it actually is, it’s much more difficult Enlightenment
+9 lol why u on this website then bruh Associate 3 in PE - LBOs
+9 GS having almost 2x lead over JPM and MS is just nuts. Best IB platform and it is not even close Analyst 1 in IB - Cov
+9 WF BB confirmed.  Analyst 2 in IB-M&A
+8 I know several people who currently work at Deutsche Numis, and the consistent feedback is that the franchise still operates quite separately from the rest of Deutsche Bank. VP in PE - LBOs
+8 Counting down the days till I leave Analyst 1 in IB - Cov
+8 Marco should resign in shame Principal in PE - LBOs
+8 holy shit UBS and DB in shambles… europoors  Analyst 1 in IB-M&A
+7 It’s straight forward - you can get unlucky and have a US CBP officer go on a power trip, but if you have all the correct documentation and your lawyers prep you properly it’s fairly low risk. VP in PE - Other
+7 The WF shills are about to reach another level (rightfully so atp in fact I’m gonna join) Intern in IB-M&A
+7 mate entire team looks like snake oil salesmen. There is just something sleazy about their pictures and profiles Analyst 1 in IB-M&A
+7 Rip Credit Suisse, and they were always better than UBS Analyst 2 in IB - Gen
+7 Tech bros have this unique skill to describe the most mundane, uninspiring and useless part of a job/workflow as if it’s the greatest technical feat of humanity. liquidiot
+7 TD is paradise Analyst 1 in IB - Cov
+7 Responding to your questions in order. Preface that the degree to which there is a "typical" correlates with the size of the bank. MidasMulligan
+6 Intern in IB - Cov
+6 I think you’re putting a lot of pressure on yourself to find work that is meaningful at the very start of your career. Associate 3 in PE - LBOs
+6 Congrats on UBS! Analyst 3+ in IB - Gen
+6 Time to name names 🔥🚮 Associate 3 in IB - ECM
+6 Not sure why people are being so negative. OP, yes it is possible. I was in that position. Investment Analyst in AM - Equities
+6 I’d seriously consider switching. Lester Freamon
+6 I used to work in TS and this is far too rosy of a projection of what actually goes down, esp at the Big 4: Lester Freamon
+6 8. Fractional CFO (remote) in a vertical you have expertise in.  Stay in touch with asset managers, vendors, partners, investors and folks doing a spin off / start up and help them with the CFO position. odog @digitalimmortality.com
+6 I think a lot more people are in this position than you'd think, they just don't talk about it because from the outside it looks like they've "made it." alexthomass
+6 Solid guide overall. The only thing I'd add is that students massively underestimate how early recruiting has become. rogershe
+6 You got a great start with the IB pedigree, which is IMO optional but helpful for kids from business / wealthy families. I have always thought the best route is in family / adjacent business if that path is available. johnny-mnemonic
+6 Congrats on UBS LevFin Intern in IB - Cov
+6 At least analysts are working 5 days in office! That will turn things around  Intern in IB - Gen
+6 I sympathize with this, it is a hard job, but if you’re getting yelled at by your underling associates as a VP, you need to stop being a bitch and get them in line. Analyst 1 in IB - Gen
+6 In one sense, the sooner one makes the jump the better. So many data center developers are effectively startups. jl12
+6 Associate is much worse. Significantly worse. Do NOT go A2A just due to inertia. Associate 1 in IB-M&A
+6 "ONLY take concentrated positions in stuff trading in 60s-80s" Do you hate yourself?  Principal in HF - Event
+6 Sounds like we're in a similar boat, appreciate the comments. Principal in RE - Comm
+6 Can confirm - I work at Qatalyst and was paid $1.5bn this fiscal year and Frank Quatrone personally withdrew the cash to hand to me in a presealed bag. Hope this helps! Analyst 1 in IB-M&A
+5 DB should write a thank-you letter to UBS for taking all the hate. VP in IB - Gen
+5 Anyone who is saying baml clearly has not worked at BofA meaningfully anytime recently. In no aspects is baml better than PWP as a junior banker.  UBSRising789
+5 Alright, pencils down for me to guess how CRE/asset intensity professionals can pivot to Physical AI (infrastructure and robots): odog @digitalimmortality.com
+5 Analyst 2 in IB - Gen
+5 I’m going to play devils advocate here and say you should stick it out. The first year is horrible but it gets a lot better your second year. Associate 3 in PE - LBOs
+5 Don’t doubt the pipeline. My MD is projecting out a “gorillion dollars” in 2027 for our group. We might even pass Desjardins!  Associate 1 in IB - Cov
+5 Associate’s worst nightmare ImagineSisyphusHappy
+5 ojapar20 CRE
+5 Glad to see I'm not the only one grappling with this. asmith_1
+5 for firms in that tier, generally take the first reasonable offer you get unless you have something else in the final stages that can wrap up before the offer deadline. Works at Citadel Investment Group
+5 Doubtful, they have spent the last 5 years bringing all the kids into the company and installing Jeff’s daughter as ceo. Wouldn’t make sense to bring all the family back in just to sell. Works at Hines Interests Limited Partnership
+5 Not sure about PE funds but there are plenty in the VC space.  Business School in CorpStrat
+5 There’s no different, I got paid in-line or better than my coverage partners as an analyst. Associate 2 in IB - Gen
+5 I’m glad you seeked out advice before going through with it. On the LinkedIn ‘requirement’: alexcokke
+5 I don't necessarily think the lawyers are the crux of determining viability. The client tells the lawyers what they want to achieve, and lawyers find 3-5 ways to accomplish the objective. Investment Analyst in HF - Event
+5 Some pods (especially MLP and some T2 Pods like Verition) have some scattered teams where the PM has their analysts scattered across other offices or allows one-off home office setups if they feel comfortable with your abi Analyst 3+ in HF - EquityHedge
+5 Nomura, top bucket - full coat of samurai armor and a nobu gift card KageSelly
+5 The fundamental research role at de Shaw is mostly a traditional fundamental role EXCEPT de Shaw actually increasingly actually does non-long short roles like this that actually is genuinely innovative in a way that does n Works at Citadel Investment Group
+5 ojapar20I was just gonna say, how did you manage to climb the corporate ladder if you don't take shit from people? Managing Director in IB-M&A
+5 Take out a loan for $20k - $40k. Use the money money to travel to UF on the weekends, go on spring break with your buddies, travel wherever, etc. Assist. VP in RE - Comm
+5 In all fairness, I sound like an LGP hater (because I also am). Yes the ability to buy back at a discount is attractive but the fact that there's a discount in the first place shows a couple problems: Associate 1 in AM - Other
+5 It is still hard, but it might get easier when you get into the buyside especially if you 1) build good relationships with brokers (a lot of times brokers know which PMs are hiring and are recommending good analysts to the kil
+5 HPS has a distressed team and a public team. Distressed team is mostly special situations private credit with some traditional distressed, not sure what is going on regarding BlackRock and those teams. Research Analyst in AM - FI
+5 hc200717 odog @digitalimmortality.com
+5 Qatalyst: $2MM base for An1. Perks: everyone knows the firm name, it’s much more well known than smaller firms like Goldman Sachs. Analyst 1 in IB-M&A
+5 I am hardly an AI doomer. I am a LLM (and LLM proselytizer) mocker.  CRE
+5 Preforma UBS and Preforma CS were each individually better than proforma UBS. How is that even possible? Analyst 1 in IB-M&A
+5 Thank you! Some great color here but not everything is accurate. HL lost most of their senior deal makers and now have only a junior MD, who focuses more on fiber. They have barely done any DC deals. Managing Director in IB - Cov
+5 Seen his content. Overall, I think he does a great job illustrating where mid-levels (including recently minted principals, MDs, and partners) may actually end up cash strapped or upside down. VP in PE - LBOs
+5 Given your circumstances, the small hedge fund might be worth a try, especially given the current economic climate. kil
+5 It ended 2 years ago. Should've gone to a target high school. Have fun at KPMG pal Analyst 1 in IB - Gen
+5 Your bank respects any federal holiday to begin with? Lol Works at Goldman Sachs
+5 Looking for UBS in the latest league tables Analyst 2 in IB - Cov
+4 Pretty straight forward IB -> PE -> Remote Corp Strategy -> more senior remote corporate roles. Associate 3 in PE - LBOs
+4 They weren’t better at risk management… Associate 1 in IB - Cov
+4 That's true - i'm probably not the guy to seek institutional-lvl guidance on equity strategics (fundamental or quant). But i'll try to answer his question, based on my own understanding. Analyst 2 in IB - Cov
+4 Hello everyone, gonna talk about the mexican world in here, gonna start by salaries. diego5
+4 Adding to this, ur list is pretty fair, but I'd add Dyal and Guggenheim to it as well. Think they're slept on in this forum. Associate 3 in IB-M&A
+4 Yes, comments here are largely accurate for BofA teams globally. London can still be strong in a few groups, but very group dependent. thunderbird_neo
+4 WF is paradise  Intern in IB - Gen
+4 If you look at the skyline of Shenzhen, China it is crazy.  Going from a population of 300,000 in 1980 to 18 million in 2026.  Want to know where globally priced building commodities and capital are going? odog @digitalimmortality.com
+4 Thanks for sending the link/company name in my DMs, I’ve taken a quick look. alexcokke
+4 I think you're overcomplicating it. There are people who join startups to influence decisions, and there are people who join startups and end up doing analyst work in a worse environment. Associate 2 in IB - Cov
+4 Not to burst your bubble but once you leave the institutional side of financial services, it’s extraordinarily hard to “break back in” without getting a MBA or resigning to accepting a role at the exact level you left. liquidiot
+4 Goldman taking everyone's lunch money  Analyst 2 in IB - Gen
+4 Their pipeline has been great for 3 years, yet results haven’t materialized. I don’t think their pipeline was ever great and they were are straight up lying to themselves Prospect in IB - Gen
+4 When the job that’s known for having long hours and a shitty culture has long hours and a shitty culture TwoSigmaMale
+4 One of the few times I get to chime in on an area of expertise on this forum, so here goes.  First off, generally agree with Director in IB - Restr, golden takes, and extremely accurate. Associate 3 in Legal
+4 Leaving UBS was legitimately the best day of my life Analyst 2 in IB - Cov
+4 WF on a heater  NBTtmoon
+4 kinda surprised by RBC's performance, esp the average deal size being almost $2B. expected it to be lower. Also, WF is doing so well Intern in IB - Gen