Highest Ranked Comments In The Last Week

+2 Vol desks by far. Any and all vol desks will have great exits primarily because the desks take on loads of risk - biggest thing is you can only hedge so much Analyst 1 in S&T - FI
+2 Delete 2and20mnb
+2 All depends on what you’re trying to do. If you’re an “IB or bust” kind of guy, you might be cooked. I don’t follow IB recruiting too closely, so I don’t know. TheFunkyMunky
+2 Hi, ive just started university in the UK at a non target university but still highly rated. Beginner octopus
+2 If you don't make it to the Hall of Fame, why did you even bother setting foot on the field? Ozymandia
+2 Turn your personal phone off during the work day and immerse yourself into the office. Give your work number to family and anyone else important, and lock in! Amazon Prime
+2 Who cares??? Intern in IB - Gen
+2 Congrats on UBS! Associate 1 in IB - Cov
+2 Thanks! Also, would u put ESSEC and ESCP above them? AnonymousBanker18
+2 Probably a first-time fund like 26North, Haveli, or Patient Square, or at least a young firm like Arcline. VP in PE - LBOs
+2 Associate 3 in IB - GenManaging Director in IB-M&A Managing Director in IB-M&A
+2 Jefferies > CVP and EVR? futurerockstar56
+2 Biggest thing for me that enabled me to lose 30+ lbs this year - walking 10k+ steps per day (a walking treadmill under the desk may look weird but your body will thank you). Analyst 1 in PE - Growth
+2 Also GPs continuing to tie deals up at pricing the LPs don't want it at instead of just letting the bottom fall out  Assist. VP in RE - Comm
+2 In my opinion, LP return requirements are not the bottleneck on the market. Its seller expectations combined with the abundance of very very stupid capital out there.   larry david
+2 Can't speak much to the actual internal culture. Just have a few friends and acquaintances who worked there and they all basically said similar things, they all left within 1.5 yrs  Analyst 2 in PE - Other
+2 Only thing here to be concerned about is if you guys are actually active. Sounds like you’re a deal tourist and not getting reps. credev99
+2 Agree on the exposure and comp, but don’t think either necessarily excuses poor management or culture. @pls_fix_thx
+2 Thank you for doing this. Threads like this one are gold for those of us trying to figure out the path. sams3
+2 Do me a favor: go outside, breathe in the air, look at the sky. It's all the same regardless of your career, regardless of how much money you make, regardless of perceived prestige. Swashbuckler
+2 Would not really recommend Solamere. Investment Analyst in HF - Event
+2 Have any idea about CBS or RSM? AnonymousBanker18
+2 Have two separate SMBC to Lazard M&A and MS Tech cases on LinkedIn...anything is possible  Analyst 1 in IB - Gen
+2 UChicago probably gets you farther in life than the other two. Ross is decent and not UIUC for finance. VP in ER
+2 Weird seniors. 2 and out shop. Mid returns. Bad culture. Combine all of this and after two years there are limited exit ops and no path to senior associate / VP at any shop. Really bad career development. Analyst 1 in IB - Gen
+2 Jesus Christ - hopefully in this new ‘creative era’ you learn how to start a new paragraph. Also you don’t have any perspective on what being a senior banker entails (yet alone, mid-level). ky9xnsz
+2 Most toxic has to be RBC FIG no doubt. No other group can match RBC FIG’s toxicity Analyst 1 in IB - Gen
+2 Well... If a bank is asking an intern this they're probably not super sophisticated so your threshold for providing value probably is quite low. Go and learn about what AI can do, in very broad terms. nutmegger189
+2 The big problem with IR / placement agents is that too often who gets the job is influenced by how someone looks. lbarry
+2 Why is this yearly thread always filled with RX virgins typing 5 paragraph essays on who can build a better credit memo or some shit lmao Analyst 2 in IB - Cov
+2 Seems like they punch above their weight. You would probably get good exposure. Also seems like a sweatshop doobeedoobeedoo
+2 It's a fake pip. Basically he wont fire me cuz he can't without his business folding but said if I don't start bringing in revenue for him cuz hes broke hes no longer paying my salary. Associate 1 in RE - Comm
+2 Great thought process/clarity in that post. My two cents: Dr. Rahma Dikhinmahas
+2 I started my first venture at 14, an esports org I ran entirely online with partners in other countries. forbesunder29
+2 I’m shaking and crying right now. Truly one of the posts of all time. crazylifechoices
+2 Cbs Prospect in Acct - Other
+2 snonesbloomberg keyboard Whatever1984
+2 A couple of questions on ib recruiting: jhon.cena
+2 Frankfurt is a shithole, St gallen is in a very tiny boring ass city. whu depends which campus. Vienna is interesting. Essec is situated in a shit hole but campus is alright though. Intern in PE - Growth
+2 Agree with the above and inaccurate to say it is “very common.” Associate 1 in PE - LBOs
+2 I agree 100% Associate 1 in IB - Cov
+2 It’s a good place for some. Stable job, no pressure to generate results, no real evaluation system. Associate 1 in IB - Cov
+2 it's like comparing apples to bananas. Most aura? GS Rates Vol, might be so. But is that actually the seat that successful EQD traders in MS, eCredit Traders in Barclays,,,etc should/would like to jump ship? Associate 2 in S&T - FI
+2 Cjvbvnnv sundaramdubey
+2 Candidly think this is probably pretty low odds of success, also assuming you're likely more geographically constrained given you're moving to be with your partner. Investment Analyst in HF - Other
+2 Former MF associate, agree with all of this. Investment Analyst in HF - Other
+2 Nice Q&A bro. You didn’t even give an answer to the one guy who asked a question lmao Amazon Prime
+2 What about CBS and RSM? Which is better? AnonymousBanker18
+2 Honestly, as management styles differ significantly between people/banks/teams, I always give the advice of never asking the same question twice (bring a notebook with you and write important information down), nor asking TargetToNonTarget
+2 Also learn to be concise, punchy, and make your writing less evidently ai and more natural. Not trying to be an asshole just general feedback so you don’t come across too hardo  Intern in IB-M&A
+2 Sounds like a shitty culture.  I was thrown into the deep end my very first day on the job in PE. That’s been the case for most of my friends in the industry. Principal in PE - LBOs
+2 Thanks for doing this - super super helpful.  claudealtman
+2 ffx900What’s your thoughts on hiring L/O analysts or those trying to make the transition into L/S? Any advice you can give ? PM in HF - EquityHedge
+2 scrappyfinancebro PM in HF - EquityHedge
+2 Research Analyst in HF - Other PM in HF - EquityHedge
+2 I know of several people at the Associate-level who have turned over and lateraled recently. Would steer clear. LMMPE_Associate
+2 Worked at a shop where I interacted directly with BREIT. We were all terrified during the building attack. It caused a few of our folks to rethink their lives. He is probably telling the truth.  Real Estate - All Acronyms
+2 It's just a bit of a flawed franchise - Europeans trying to expand into US market but unable to properly evaluate assets in this market. Partners who overly intellectualize the wrong things and fail to make it past IC. Analyst 2 in IB-M&A
+2 Recruiting is crap right now - I wouldnt leave unless I had something else lined up. LBOnlyFans
+2 That's the plan, but I'd ideally like to understand the audience to the extent that I can before making the pitch. Warren Icahn
+2 What’s your thoughts on hiring L/O analysts or those trying to make the transition into L/S? Any advice you can give ? ffx900
+2 A good GPA doesn’t necessarily mean you’re smarter than someone else, but it is generally correlated with being disciplined, capable of learning, and able to perform consistently under pressure. elitecrimson99
+2 This post is so stupid - if you think your only job function is to compute / output / create as an analyst or associate without thinking then why not just replace you with AI? ky9xnsz
+2 I had a lot of friends in my MBA program who were from non-US MBB offices. As far as I am aware none of them were just straight out allowed to transfer directly to a US office. Angus Macgyver
+2 Can I ask what the occasion is for your trip to Vienna? Thurrikan
+2 garcia421 PM in HF - EquityHedge
+2 Associate 1 in PE - LBOsHow do you find a good pod PM / get recruited given the lack of transparency / info out there? PM in HF - EquityHedge
+2 After some reflection, I have a more balanced take. Until AI can do the work of an MD or executive, someone has to fill those seats, and that means there will still be a pipeline of junior and mid-level talent. Ken Moelis's illegitimate son
+2 a good gpa is the highest gpa you can get Intern in CB
+2 I think a broader industry trend within EBs has seen an overbanked tech and hc sector, with Q/EVR dominating the former and CVP the latter. Associate 2 in IB - Cov
+2 This is more of a EB vs BB question (both sides have pros and cons) as both are strong platforms. Associate 2 in IB - Cov
+2 Do not do PCA unless you really enjoy secondaries / liquidity solutions. Especially if you want to do buyout PE. Even secondaries PE funds prefer to hire from coverage/M&A over PC, so that tells you something. Intern in IB-M&A
+2 Evr pca is much better than moelis pca but PLEASE take MS / JP / GS. This is not even a question! Associate 1 in PE - LBOs
+2 Who at Blackstone hurt you @ The Duke of Wall Street
+2 Make sure to refer to them as brokers, not investment bankers. They’ll hire you on the spot. Works at DivcoWest Real Estate Investments
+2 5-10% on cold emails is pretty normal, honestly. The club kids with 50% are mostly emailing alumni and people they already have a link to, which is a different pool. LedgerShelf
+2 Not sure I fully agree with this take. Secondaries is inherently an investment role on the buyside. Anything that involves committing capital and underwriting risk means you’re investing. Associate_1111
+2 AI won't just completely make grunt level work a commodity but instead it increases the output per capita for that type of work. bwintel
+2 The problem is IB + PE experience is not very relevant to these startup roles, even for strategic finance (better to hire someone who has been working at a high growth startup in strategic finance and now looking to move u Investment Analyst in HF - Other
+2 As long as he gives you credit, I would probably stay and just be vocal about your goals at the company. NewIndustryHorizon
+2 Move on. Not unheard of for people to reach back out but so often things change real time that you should write this off. A lot of times people get to the point where they need to decide on a candidate and the ravena
+2 From my experience with enterprise AI, I’m not too concerned with the impact of AI of white-collar jobs. Brojangles
+2 RE GP-leds? Sure no problem. Traditional PE/buyout GP-leds? If you’re only 1-2 years in, are willing to reset 1-2 years and have a good connection… maybe. Generic Banker
+2 Buyout you’ll get paid more, secondaries you’ll actually realize your carry. Top secondary shops (all in cash): associate 250-300, VP 475-550, Principal 650-850, MD Junior 1.25-1.5M, MD Senior 2-2.5M. ravena
+2 Once you sit down and dissect how 1 waterfall works granularly you understand how they all work and you should be able to mentally walk through all future waterfalls with different tiering, preferred, sweep mechanisms. ravena
+2 I might not even disagree you. AI automation may create new types of jobs (so unemployment stays low), or it may not. I have no idea what the world will look like, just that it will be very different from now... ojapar20
+2 Everyone has their own POV but even if we run with the assumption everything this guy says is accurate then he’s describing a career where (1) you don’t work hard (2) you don’t need to be intelligent (3) life is around eas ravena
+2 Honestly the shift from investments to strategic finance is mostly about changing your lens. adamidress
+2 A lot of interesting points brought up by folks. To answer your OP (my 2 cents): Intern in IB-M&A
+2 I for one love reading opinions on AI from people who know nothing about AI or what's happening in the industry. Keep 'em coming, always a good laugh. PrivateTechquity 🚀🚀🚀
+2 I don’t think there’s a clean BB / MF style ranking because secondaries seats can look really different depending on the strategy and how the platform was built. Associate 1 in PE - Other
+2 Interned on a corporate banking coverage group at one of the banks listed. Culture was good; people were friendly and I never encountered any assholes. Intern in IB - CB
+2 mbalore helpful elephant
+2 rofl. get used to it PE-d1ck rider. you'll be doing the same thing on the buyside for your vp/senior associate. Analyst 1 in IB - Gen
+2 I am at a non-target sending 50 emails a day... I get 1-2 responses out of those, you need to send more emails m77772
+2 send more than 16 emails every week thebigch33s3
+2 PE firms mostly just want smart people who have enough technical skills to be trainable. MBB is known to hire some of the smartest people out of undergrad/MBA programs, so it's a natural filtering mechanism. Lester Freamon
+2 Indeed. You are spot on. marlin_pardon2
+2 I was in the exact same position as you, except in debt brokerage. But can definitely relate with the shitty boss, pay, sole junior running every deal etc. even the same area! the_mantis
+2 Yes. PE will call it part of their value creation roadmap and VCs are now creating “agentic holding companies”. Associate 2 in PE - LBOs