+2 Same guy just different title. If it’s well capitalised you should be fine. Very region dependant and there’s some regions that are shooting the lights out. VP in RE - Comm
+2 Thanks so much, this is incredibly helpful and makes a lot of sense. A few quick follow-ups on this to make sure I'm targeting my prep correctly: bananajoe47
+2 Think this would be pretty difficult to do before VP+ level and realistically, even if the team says they're cool with it, it will be a career limiting move. Investment Analyst in HF - Other
+2 The office is absolutely unreal Investment Analyst in HF - Other
+2 Hope you’re still at citadel in a year dude get a grip candlesticks
+2 Yes but I feel like your average person will interpret a PhD from Harvard as more impressive than a BA from Harvard, just because a PhD sounds more prestigious. Prospect in IB - Cov
+2 BA imo GM in HF - Macro
+2 I think you're 'spoiled and bored' so keep the job but at the same time, it's not sustainable.  You can't do something your entire career that bores you. asmith_1
+2 College. And trust me when I say this: Try to meet more dating options in college. Because by the time you turn 25, all the best guys and gals are paired off. usernameladiesman217
+2 • Which lenders or banks do you recommend for commercial real estate financing? -Whoever can get you the lowest rate and least restrictive convenats lol Sup_Bro23
+2 I heard that UBS are leading the IPO - pretty impressive win for them  anon1982
+2 mgw19 odog @digitalimmortality.com
+2 In DCM at a BB. I'm a fan personally. Bonuses at analyst level is really just a hairline difference at my bank compared to coverage groups. Analyst 1 in IB - Cov
+2 Best Dressing Practices are the same whether you are a SA or an MD. Analyst 1 in IB-M&A
+2 Maybe not 4am every day (even though depends on the period) but you should budget 2-3am for long stretches with 1am being a chill day  Associate 1 in PE - LBOs
+2 Nice fanfic OP. Add robots or aliens next time  nutmegger189
+2 Consultant here (S/A+ tier) mgs2026
+2 You will likely be one of the most competitive candidates amongst your peers if you are a somewhat normal human being. VP in RE - Other
+2 Personally, I don't understand why you're considering BMO. InfamousApe
+2 Maybe I’m biased because I went to Cambridge but I think Harvard, Oxford and Cambridge are the three pillars of global academia because they have unmatched historical legacies. Analyst 1 in Private Credit
+2 Another AI wrapper incoming Dazzling-External-29
+2 Partially agree on this. JPM as a whole hasn’t reduced internal transfers for FT employees. Assistant in Acct - Audit
+2 Hot take - relax, travel, enjoy life, and mentally prepare to grind. SaaSChimp
+2 less than 50% for 25 summer 233333xd
+2 I'm going to say that Addinator has the right idea. Whatever1984
+2 As someone who went through the FT recruiting process for EBs, I would break my answer into two parts: 1) Modeling franker014124
+2 My most recent ex? Grindr. Whatever1984
+2 Wasn't 1:1, as the industry turned down the business ultimately acted more like cost-plus/T&M. So $1 decline in commodity cost more like $1.20 decline in revenue.    VP in PE - LBOs
+2 Totally inaccurate but believe what you want. The brokers are brokers and don’t call themselves investment bankers. The IB team is legit IB and work with many blue chip REITs on corp M&A/advisory assignments. Partner in RE - Comm
+2 If you have aspirations of a finance career, don’t blow your MBA on a J-term. Do either of the following: VP in CorpFin
+2 Product > coverage, typically, but your WLB will be shit. Product here means M&A / RX / LevFin. Associate 1 in PE - LBOs
+2 If very early in IB career try lateraling to strong product or coverage group as I laid out. Associate 1 in PE - LBOs
+2 Late to the party but there is really limited information on this online despite being a requirement for every new joiner in the UK which is odd. MysteriousBanana
+2 Seriously should just enjoy your final weeks of freedom. Analyst training is like watching paint dry, you'll pick it back up quickly. Associate 3 in IB-M&A
+2 “I have fashion friends” ImagineSisyphusHappy
+2 Ya agreeing with the other dude who replied to you , your uber example ain’t it. Few things.  Associate 2 in PE - LBOs
+2 Stay in banking, startups, PE (although sucks if you do multiple years at associate of vp in banking and restart at associate 1 in PE), HF maybe as an early ish associate, corporate (doesn’t need to be just finance), inter asdf1248
+2 I’m past my banking years at this point, but think it makes sense to merge M&A with coverage. asdf1248
+2 There are associates from MM banks at UMM PE firms. It's just the % landing a UMM offer is comparatively smaller than at the top BB/EB's, though it's not the average outcome from anywhere. Associate 2 in PE - LBOs
+2 According to the business model reflected by, which focuses on residential and commercial real estate development, the SOTP approach is often preferred because individual projects can have different develo kartikrana
+2 Even in spite of Brexit, which did harm to foreign investment and capital flows, London is still and always will be the premier finance hub in Europe. unders
+2 I think it's really important to acknowledge directly when someone has done right by you. Speaking more generally, not specifically this situation. petight
+2 I’d like to think nothing is impossible from a target, but you HAVE TO network. You also need to be extremely knowledgeable on HYB and leveraged loans - there’s a great primer from pitchbook. rolo25
+2 Just do target EPS x target P/E multiple.  fragestellung
+2 I think apple is a very weird case regarding moats. In the US, especially with the younger generations, it is considered odd to not have an iPhone. Intern in PE - Growth
+2 We can agree to disagree on Uber. Prospect in IB - Gen
+2 Master the 1 tab lbo and know your excel shortcuts. Apart from that you’ll learn the rest on the job. A lot of the modeling in PE is revenue / cost builds that feed into a template LBO. Associate 3 in PE - LBOs
+2 Recession indicator Prospect in IB-M&A
+2 This might be redundant as I couldn't make myself read through all these comments... but isn't the answer both? wallherder
+2 So it seems like M&A bankers are doing modeling on the industry they want to be involved in, while the coverage folks are doing pitching. That sounds like a great structure. as-dfg-hjk
+2 Summer Associate, what can you expect lol as-dfg-hjk
+2 You won’t love hearing it - but I know bunch who made move to corp dev (for large publics) in particular. 2 came back to banking, 3rd trying to. Teller in IB - Cov
+2 Associate 1 in IB-M&A Leverage Hero
+2 Not reading all that but congrats on big law dude, ur 8th year associate comp was my AS1 comp at my EB lmao Associate 1 in IB-M&A
+2 Lol PWP pays $400-$600K for AS1-3. I don’t give a fuck if “deal flow is slower” 😂😂 Associate 1 in IB-M&A
+2 week 1 is just training bruh asianisalpha
+2 ohhhh, my prayer goes to this kid asianisalpha
+2 People survive off of as little as 3-4 hours of sleep for weeks with no health issues. Not saying it that’s ok, it’s not, but clearly seems like there were some underlying health issues here. It was day 3… Analyst 1 in IB - Gen
+2 I've tried a few THC drinks and honestly the biggest surprise was how different the experience felt compared to alcohol. khan.mmua
+2 Besides fund performance, it's important to have a sense of investor concentration (do they have 100 LPs each $5m, or does 1 single LP hold $400m which is a big risk if they bolt). MMPM
+2 AI slop sentence Analyst 1 in IB-M&A
+2 Agreed. Would much rather takeover/work for a successful family business than try to grind up PE in today's world where both PE promotion odds and carry are far from certain and difficult to achieve. Associate 3 in PE - LBOs
+2 Senior VP. I've closed on 2 platforms in 7 years. When i joined as an associate i was immediately put on 4 portco's, 2 brand new and 2 old, struggling ones. VP in PE - LBOs
+2 There’s a reason why Evercore in banking and ISI in ER pay what they pay and why many still leave… people need to consider the trade offs between insane money and good money/having a life and health equityresearch99
+2 its just a job bro Analyst 1 in HF - EquityHedge
+2 Sweatshop but will get a lot of transaction experience, have a solid rep in power space. As you noted they've been growing. Associate 3 in PE - LBOs
+2 Mods plz delete this comment for privacy seekinthealpha1
+2 Know a guy who used to work there pretty well when it was much smaller (think like $1 billion of AUM) and have interacted with a couple others over the years. solar.banner628
+2 From someone who is a first year analyst there (not me but my buddy) it is a sweatshop but pay is good. Prospect in IB - Gen
+2 Honestly at junior level pretty interchageable from a firm perspective so focus on where the best opportunity: i.e supporting soveriengn strat better than jr economist for CEE imho etc etc. Research Analyst in AM - FI
+2 bananajoe47 Analyst 1 in PE - Growth
+2 Yes, 100%. rolo25
+2 Went through the process for LO shops for FT as a non-target, reddemon
+2 The exit liquidity is astounding. Biggest allocation of an IPO to retail ever, and I think I read it's something like 400 employees becoming centimillionaires and over 4,000 becoming millionaires? PrivateTechquity 🚀🚀🚀
+2 bump Analyst 1 in IB-M&A
+2 stop shilling your shit scam website tampawampa
+2 If it’s on your CV, they’d ask your prior employer your start and end date, position/title and reason for leaving. On the last point, it would literally be something like “other career prospects” or “internship ended”. Associate 1 in IB-M&A
+2 With all due respect and hope he gets better, was he overweight ? trevor Jon 11
+2 If you're OP, I saw you mentioned DCM above and that's what I landed in from FT recruiting (I know title is Cov but ignore, I have that because it's more general and don't want to ever accidentally dox). Analyst 1 in IB - Cov
+2 360 no scoped that mandate fr XXZOP
+2 Just grind M&I 400. Its likely your questions will be some form of those XXZOP
+2 Uh, I mean, stop looking at it like abstract numbers on a page, and start by looking at it as an actual business. Why do you buy a business? Because you want money from it. usernameladiesman217
+2 The interesting part is that this would be one of the first clean public-market tests of a Western frontier AI lab as a standalone business. Ex-consultant in Tech
+2 Honestly, I think they cover the pure basic fundamentals perfectly. I think they miss on explaining some portions like WHY we are doing certain things in the model especially when it comes to their LBO section. reddemon
+2 CVP and PWP are the top 2 highest paying EB’s so they have the most A2A promotions (you can verify this on Mergersandinquisitions.com) and also have the smallest analyst class sizes. Associate 1 in IB-M&A
+2 Idk if I'd say ate their lunch, they started targeting fundamentally different markets with different offerings to users. PrivateTechquity 🚀🚀🚀
+2 It's a firm that has generated early success by capitalizing on a few things that tie together in a nice, well-packaged story for LPs: Moonshallow
+1 jesus christ man... get a life! I just asked a question and you are calling me an "idiot"? lhommeparfaite
+1 I wouldn’t include Patient Square, SVP, or 26 North VP in PE - LBOs
+1 They do M&A but even then its less than what you think because Key has a dedicated M&A team. The majority of the work is pitching and random decks for client meetings. Associate 1 in IB - DCM
+1 What's the caliber they're looking for when giving out interviews? Does it have to be top BB/EB or would they be open to more "non-traditional" backgrounds like UMM PE/MF Credit SA? Prospect in PE - Other
+1 I wouldn’t say it’s marginal. Maybe in England but as someone from Central Europe plenty of people don’t even know what Cambridge is. Everyone knows what Oxford is. Intern in Consulting
+1 do not apologise for the length of the post, it shows how dedicated you are towards your career, unrealbanker
+1 Dont need to get actual coffee during a coffee chat Froggo
+1 Usually HWM has some averaging especially in times of high vol. E.g. at my shop it's 1w average to determine your peak (given there's noise around x-regional risk + periods of high volatility). PM in HF - Macro
+1 One of their associates was grinded so hard that they ended up in the hospital and had to quit after just 1 month on the job last year… Associate 3 in PE - Other
+1 Yes it is an unpaid wage cartel but there’s potential to get something out of it. If u get lucky and find a search fund with an actual pipeline u could get something solid experience. Intern in IB-M&A
+1 Not a real firm buddy Analyst 1 in IB - ECM
+1 From what I remember, LionTree opened up its SF office ridiculously early in November, and Raine Group usually opens theirs super early in the fall every year. rothschild44
+1 lol at the metals comment. literally the last vertical anyone in industrials wants to get placed with for reasons that become painfully obvious if you spend time with that team. Analyst 2 in IB - Gen