Highest Ranked Comments In The Last Week

+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 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 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 UChicago probably gets you farther in life than the other two. Ross is decent and not UIUC for finance. VP in ER
+2 Have two separate SMBC to Lazard M&A and MS Tech cases on LinkedIn...anything is possible  Analyst 1 in IB - Gen
+2 Have any idea about CBS or RSM? AnonymousBanker18
+2 Would not really recommend Solamere. Investment Analyst in HF - Event
+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 Thank you for doing this. Threads like this one are gold for those of us trying to figure out the path. sams3
+2 Agree on the exposure and comp, but don’t think either necessarily excuses poor management or culture. @pls_fix_thx
+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 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 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 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 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 Jefferies > CVP and EVR? futurerockstar56
+2 Associate 3 in IB - GenManaging Director in IB-M&A Managing Director in IB-M&A
+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 Thanks! Also, would u put ESSEC and ESCP above them? AnonymousBanker18
+2 Congrats on UBS! Associate 1 in IB - Cov
+2 Who cares??? Intern in IB - Gen
+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 If you don't make it to the Hall of Fame, why did you even bother setting foot on the field? Ozymandia
+2 Hi, ive just started university in the UK at a non target university but still highly rated. Beginner octopus
+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 Delete 2and20mnb
+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 I never said hourly pay is not a good measure of how good paying a job is. Move on from this because we made our points clear, you’re just stuck on silly semantics games because your argument is weak. arossi11637
+2 Some Houston groups actually pay more than their New York counterparts. Jefferies is a good example. Its Houston group had a separate bonus pool and paid second-year analysts $300K back in around 2017/18 Associate 1 in PE - Other
+2 None of these platforms have been around long enough to have an actual reputation as a pond to fish out of for PE recruiting. Principal in PE - LBOs
+1 because most college kids don't think for themselves they're just looking at what people say to do online and at what their peers are doing to make early career decisions PrivateTechquity 🚀🚀🚀
+1 What do you bring to the table and how is your track record. depends on type of fund and type of job. liquid or illiquid credit? ignore username, i'm experienced. iRemainAnonymous
+1 +1 on staying in NJ and cooking. if you're going to eat out, too good to go app is great - you pick up meals from restaurants and bakeries at a steep discount so they avoid food waste. baboon123456
+1 outdated and no longer relevant  Prospect in IB - Cov
+1 Newish to the industry so take my advice with a grain of salt but the most useful CV item is relevant experience, so if you can snag a sell side rates role to start I’d take it. 128473626264828363728
+1 So many questions. First off, how the hell are you a certified Analyst 2? This reads like a college kid question. babalu
+1 Don’t feel alone. There are A LOT of funds in that position. Credit ops / special sits in vintages pre covid ie investment period anywhere 2016-20 did poorly. CovenantHeadroom
+1 True although generic. The issue is that some of the shops you mention eg Anchorage, King Street, Taconic, or Canyon to a lesser extent, never pivoted. They are quasi family offices now ie they operate like one. CovenantHeadroom
+1 Debatable whether LME SteerCo economics really is "alpha" if your post-deal paper trades poorly -- but suppose AI scraping public web info about LME wouldn't have so much data on this lol ajsoqkaks
+1 Yes wear a suit and tie regardless of where you are. You can take it off after the 1st day if it's too formal.  designa888
+1 How would you characterise the different personalities / temperaments that genuinely do well at the senior level in buyouts vs secondaries? Associate_1111
+1 Thanks for sharing your perspectives so far - is there any view on how comp evolves between secondaries & buyout? Associate_1111
+1 What’s the basis for this perspective? Are you actually a secondaries investor, and have you worked on GP-leds? Associate_1111
+1 As a senior banker i will say great write up but this forum B27B
+1 Lenient on majors, yes but provided you go to a super target Someone doing pure philosophy at like Emory is still fucked senior_associate@goldman_stanley
+1 As the other guy said, the US is lenient in the same way. As long as you go to a top target, study whatever you want. Same applies here. nutmegger189
+1 Go back in time 20 years when investment memos were screenshots of CDD & FDD reports and going to IC meant deleting bags with the boys Associate 2 in PE - LBOs
+1 I know someone who made a big stink about Cabinet Works being able to trade at mid/high 90s after their genius LME…it’s now trading at 76 bid lmao  Works at Harris Williams & Co.
+1 They wouldn’t schedule interviews for you with an analyst if you were on the waitlist, I think I might’ve inferred the MD call was the interview you had scheduled in my drunken stupor from last night. babalu
+1 At some of the larger legacy PE platforms with built-out secondaries teams (like BX/Apollo), the delta in cash comp can be much narrower (and in some cases roughly the same depending on platform and fund size) compared to Associate 1 in PE - Other
+1 Sir how you know the dudes not fucking each other too broski Benson Says
+1 Overall, Goethe is a good university and, within Germany, it plays in the same league as the other well-regarded public universities for business, such as LMU, TUM, Cologne and Münster. Analyst 2 in IB-M&A
+1 Industry is turning into juniors sending around AI slop with no idea what it means. Very sad. Associate 3 in PE - LBOs
+1 Your description fits the various Ringstrasse hotels really well. They sit on the edge of the historic city centre and are all housed in grand old buildings. Frankfurt Monkey
+1 After a few years of trading you get that existential crisis where you realize you're just an adult drawing patterns on the chart that are wrong 40% of the time... Thomas_Zito
+1 Seems like the  team removed my  because it mentioned another course besides WSO. helpful elephant
+1 I kept hearing story of entrepreneurship in RE, is it because its ticket size is smaller than even LMM buyout? But on the other hand, in the RE forum of WSO, I heard many wailings and people quiting RE. BesoinMi
+1 helpful elephant: mbalore postmba
+1 I have noticed that BCG has jumped more into AI/tech strategy. Friend of mine in big pharma has been at their offices before for collaboration. Business School in CorpStrat
+1 Are you at a traditional PE fund or AI holding co/rollup?  Associate 1 in PE - LBOs
+1 Just be good at using basic PPT and XLS. Once that is done, be able to do a three-statement LBO, and understand every part conceptually. The rest you will largely learn on the job if you are smart and hard-working. VP in PE - LBOs
+1 Real Estate hasn't even been working as an inflation hedge in some sectors (ex - multifamily real rent growth has been flat/negative over the past year or two). Analyst 1 in RE - Comm
+1 . bonus.banker
+1 . bonus.banker
+1 . bonus.banker
+1 B27B Managing Director in IB-M&A
+1 You haven't heard back regarding RO or you've been told explicitly no RO? It's not clear, sorry for asking. If the former, you can say you are waiting on headcount but if latter, you will need to be upfront.  Prospect in IB - Gen
+1 If your career in REPE doesnt work out, you can always become a writer. Bulls_and_Bears
+1 There is some helpful portions of the program, such as the office hours, mock interviews, and prep materials, but not remotely worth the price. Analyst 1 in IB - Gen
+1 Much harder to make it today than back then PatrickMahomesTD
+1 They once brought in a senior HR lead to fix the culture, and that person didn’t even make it six months IBmonkey2002
+1 It's a good point. Hard to tell who will win today PatrickMahomesTD
+1 One thing to think about is how your cash comp will scale with subsequent rounds (Series A vs. Series D). The best startups tend to increase comp. PatrickMahomesTD
+1 I have seen people jump into with that intention but end up staying in startup/tech companies. Also, I assume you have done 2+2 so if you aren't getting looks from VCs/Growth could apply to MBA too as a backup. PatrickMahomesTD
+1 Extremely uncommon because you're all nerds Partner in IB - Gen
+1 Just keep in mind this is a numbers game so a 5-10% response rate would already be very good Partner in IB - Gen
+1 Park Hyatt and Rosewood are the two best hotels in town. I’m particularly fond of the former on Amhof. The Ritz is also great but maybe less atmosphere. Never stayed at the Sacher. mergersandacquisitions78
+1 If the AI "bubble" pops, we will be sent into a deep recession and life will not go "back to normal". Hardo Intern
+1 My interview experience sucked. First time I interviewed I was ghosted. Fine. Then they reached out to me 2 years later to interview again. I mentioned I interviewed previously. Associate 1 in IB - Cov
+1 MiM Isn't normal, but not unusual if that's what you're asking Brand - Oxbridge, Degree - MiM I would select the LBS (or LSE) Master's in Management, as it provides the most d acethesolve
+1 Oof tough spot. Is this a completely new PM..?  Investment Analyst in HF - Other
+1 Idk if your model output is internal / client-facing or what, but if someone senior to me got wind of trusting Claude completely with a deliverable I would be shit on. goldmanornothing
+1 Don’t take the call. Just relay your timeline over email. The screener is evaluative, so it’s better to wait until you know what you’re looking for and actually going to be in market. SaaSChimp
+1 Really depends on the PM, but a few things most will focus on, please feel free to add as this is not meant to be an exhaustive list : Intern in S&T - Other
+1 At the first yr analyst level, historically no difference group to group. Citi’s bonus structure pays well for top performers and below street for average performers. Analyst 1 in IB - Cov
+1 Ecm and structured equity (bank combined a bunch of larger groups that bigger banks typically would separate since). 8-6/7 and log on later as needed. klaus von stroke
+1 Yes for the memo no for underwriting. Underwriting includes interpreting portfolio fit and alignment with mandate not only evaluating deals on a standalone basis. Director in AM - FI
+1 No Analyst 1 in IB - Restr
+1 Ok broski so you decided to waste time with this thread for advice even after you’ve spoken to cPuNtLeSs PmS (or maybe you mean prostate massages) for what purpose exactly? but again ok good luck to you. Investment Analyst in HF - EquityHedge
+1 Intern here, but would say stay until you lose your interest for the job (among other considerations). Intern in IB-M&A
+1 Running an advisory boutique is no different than any other business. Capital allocation is the singly biggest differentiator between good and bad businesses. Managing Director in IB-M&A
+1 Shipping finance is the funding behind the shipping industry — the loans, leases, bonds, equity, and other capital structures used to buy, build, or operate vessels. chandrama
+1 No one cares lol Ken Moelis's illegitimate son
+1 MMPM has it spot on. You don't want bad behavior to reflect back on you. There is no upside to you doing this. Rabbit
+1 You can just decline being a reference its not that deep man Principal in HF - Event
+1 er_beastAI isn’t a tool.  AI is a tool. Similar to you for swallowing the propaganda in that way.  IsItREPE
+1 It’s all about leveraging your junior resources. SaaSChimp
+1 First not true and what an idiot. Go to St Gallen or Erasmus if you want to learn something! boib_1
+1 Sounds like you've OD'd on the lesswrong pill larry david
+1 Are you trying to be a streamer? You don't need an obnoxiously loud keyboard with rainbow RGB lights. CRE