Highest Ranked Comments In The Last Week

+1 Intern in PE - LBOsdamn that's crazy, when can you potentially hit eight figures a year then? 5+ years into it? PrivateTechquity 🚀🚀🚀
+1 Interesting. I went to a top b-school (H/S/W) PhantomGhost
+1 UBS is not a serious organization on the IB side. It’s ran like a fraternity to be honest Analyst 2 in IB - Cov
+1 Coming from someone who recently left an FCG team, I can tell you that your role is essentially that of a calculator for brokers handling only the aspects that go into the financial analysis slides of an OM. RECorp54
+1 crap pm = more blow up risk = sooner you are back on the job mkt with very little marketable experience. Possible to jump upstream? Yes. Likely? Investment Analyst in HF - Event
+1 Oh sweet summer child. I pray for you in these coming months. Good luck usernameladiesman217
+1 Correct, it’s far more. Intern in IB - Gen
+1 Eastdil actually has their nuts on your chin… RECorp54
+1 You can as there are MF spots for off-cycle. As to if it's more likely than not, it's unlikely for anyone in IB to land a MF offer. Am at GS, most analysts I know are going to some variety of MM firm. Analyst 1 in IB - Gen
+1 I joined out of undergrad so I’m not sure. Best guess would be that it would be the same for coming out of a banking program, and flexes up if you have any pertinent buyside experience (e.g., maybe 400k for 2+2). Research Analyst in HF - RelVal
+1 Yeah no shit just look at the headcount of the firms Investment Analyst in HF - EquityHedge
+1 Thank you so much for providing this info! Just out of sheer curiosity, what does the career pipeline for a regional bank credit analyst look like? Rizz-Management
+1 Cause you get equity and then Spacex buys your company and then Spacex ipos and you make millions doing comparatively jack shit Prospect in HF - Other
+1 huge opportunity to implement AI and decimate the workforce / compensation expense slime_
+1 (clue in name, now VP in TMT) Engineer Monke
+1 Very different team structures. Lower fees and deal flow, but in the US a large cap deal needs 20 people and 4 MDs - in Asia you can often do it with 3-4 people, 1 MD. Associate 1 in IB - Restr
+1 Just go on vibes man funkychompi
+1 Based on the most helpful WSO content, the reason for adding net interest expense (interest expense minus interest income) rather than just interest expense when deriving unlevered net income is to ensure WSO Monkey Bot
+1 If including software names since a lot of people still remain interested in tech: I would include Hg and FP, TA on the larger UMM side and a variety of smaller MM/UMMs that are more growth / growth buyouts like Great Hill Associate 2 in PE - LBOs
+1 Definitely need to practice tampawampa
+1 Same base mostly, lower bonuses. ScrimReaper
+1 Houston is all energy focused (specifically O&G), however New York is where 99% of banks house their Infrastructure and Power groups (so core infra like airports, etc and renewables/power generation units and data cent Prospect in IB - Gen
+1 I know where you are coming from, but I can tell you from experience that the job you are looking for does exist. However, you are more likely to find it at a public company than a PE-backed or private company. illiniPride
+1 0% interest rate environment for a decade will do that  Prospect in IB - Gen
+1 It's been done before, so there is precedent - especially in healthcare covarage. However the lack of any finance-related experience or background makes it challenging. Lorderic
+1 Thanks, that's really helpful. Prospect in IB - DCM
+1 Aren’t LevFin bonuses on par with coverage groups (and a bit higher than DCM)? Or are they typically in line with DCM? rolo25
+1 how different are total comps exactly ? between M&A and DCM we're talking about a 10, 20% difference?  Prospect in IB - DCM
+1 Based on the most helpful WSO content, here are some key considerations to help you decide between an MBB analyst role and a PE analyst role: WSO Monkey Bot
+1 Capital Markets in general is underrated, people only avoid it because it's less technical, more process driven. So not idea for PE exit or anything M&A related.  OverWorkedOverPaid
+1 As a consultant will likely get more paper LBO and working capital type technical questions. Analyst 1 in IB - Cov
+1 Take a look at this post, they lay it out pretty well. Associate 2 in IB - Cov
+1 Yeah no problem. Looks obviously there will be a huge amount of uncertainty but that’s some real money and what you said makes it seem like they are legit. Keep us updated w what you choose Intern in AM - Equities
+1 Auto-DFIC + connections at Mac and you’re fine for Big 6 and most solid roles. The real gap is the pipeline, Laurier’s a semi-target with deep Big 6 alumni (RBC/TD), so it carries you. Analyst 2 in IB - Cov
+1 Very useful. Can you share a bit on recruiting process for Bain capital analyst role - should the prep be around more PE type cases like M&A? Do they have a modeling test? Possible to DM you to ask a few questions? Monkey7521
+1 del Prospect in IB-M&A
+1 Better hope he’s not at A&M RX lol rolo25
+1 Hopefully you did this. Up over 300% since this post  saftb03
+1 This has aged incredibly  saftb03
+1 Firstly, don't doxx yourself. Change your username because I know that you're in Elmo based on that name.  Prospect in IB-M&A
+1 Just build models for fun for public or companies you find interesting using info from 10k / investor presentations. liquidiot
+1 Reach out to the juniors for coffee chats. Ask smart questions about the group and the work they do - not just stuff you can google. Most importantly, don’t be a bot Assistant in Acct - Audit
+1 shitty website stop astroturfing Intern in IB - Restr
+1 Not allowed Larry Lamda
+1 We give them some time to find a new role but it's limited. The exits are very mixed - laterals to MM or LMM, business school, joining a co-invest shop or independent sponsor, consulting firms, corporate etc.  VP in PE - LBOs
+1 Margin of alpha is known to be a complete scam. AVOID at all costs. I bought it and half the answers were wrong.  Intern in IB - ECM
+1 Margin of alpha is known to be a scam. AVOID Intern in IB - ECM
+1 It’s mostly just how to pitch that CPACE is mezz JJP1234
+1 Oh brother, It’s worked for hundreds of analysts that have recruited before today just fine. Somehow analysts still find a way to be productive during these hours on their normal work as well. liquidiot
+1 Why even bother getting an MBA when you’re already in? To get more senior roles? GreenDay
+1 Frankly, they aren't relevant in tech IB. Their only deal flow is pretty much sponsor backed MM deals, which is terribly boring. VP in IB - Cov
+1 senior_associate@goldman_stanleyWhy do you think Lazard is a good place to finish your career?Could you please elaborate on where you see its future? Managing Director in IB-M&A
+1 I did remote IB for a few years at a small firm. It was easier and got me where I wanted to go, but didn’t provide the same prestige and opportunities that you hear about on here. Director in CorpFin
+1 The tasks I’m doing in the wee hours of the morning are much less cognitively demanding than learning/studying. Personally this wouldn’t work well for me over any meaningful period of time. Analyst 1 in IB - CB
+1 Selby Jennings does this and it’s HORRIBLE Analyst 1 in IB-M&A
+1 Maybe I haven’t been clear (and I am not sure how you don’t know what you  interview for…) There is no “M&A division”. Jefferies is split in product teams and sector teams Associate 1 in PE - LBOs
+1 if you haven't quit porn already, do it. if you haven't quit self service already, do it. if you're actually into her, you can get it up running on fumes provided your dopamine receptors aren't fucked by pornography thebrofessor
+1 Oxford is miles ahead of Cambridge in lay prestige outside the UK. It’s the most recognizable British university by far. But choose whichever university you prefer because your career outcome should be similar. Prospect in IB - Cov
+1 Gonna take a stab at 6 purchase price = $1000, equity cheque = $500 20% IRR in 5 years = 2.5 MOIC exit equity = $1250 exit debt = $250 --> exit EV = $1500 Analyst 1 in IB - Gen
+1 Will not make a difference whatsoever. Focus on technicals and networking Analyst 1 in IB - Gen
+1 Cheers Prospect in PE - Other
+1 Because people are lazy, and if everyone is lazy the same, companies don't trade based on the thing that people are too lazy to do Mr Balloon Hands
+1 Don’t quit Analyst 1 in IB - Gen
+1 I would recommend doing this. Usually the listings will be group specific anyways, but if you see multiple, it's best to put all your chips for one and hope for the best. Analyst 1 in IB - Cov
+1 They offered me 10% carry. How does that compare to your situation? VP in PE - Growth
+1 Search funds are very hit or miss and I would recommend any freshman to research the founder more than what the job description will say. Analyst 1 in IB - Cov
+1 Heard second round interviews were out last week, was it your case? max.lang
+1 I don't know. But why risk it? Buy one or two of the standard CT shirts or any of the previously mentioned brands and feel out the office. Analyst 1 in IB - Gen
+1 I’ve been in this spot plenty of times, especially when my work schedule is unpredictable. I usually buy the tickets for events I really want to go to, even if there’s a chance I might not make it. benjvh
+1 The biggest shift for me was treating off-market sourcing as a relationship-building process rather than a lead-generation exercise. Hanlon
+1 Never UBS Analyst 1 in IB - Cov
+1 username checks out Analyst 1 in IB - Cov
+1 Just tell people you have something on a weekend and make sure there is an associate or someone who can over for you and go.  Associate 1 in IB - Cov
+1 It's a very possible outcome that you end up on a random desk with few if any exit opps to the buyside in a front office capacity. It makes sense to be picky and choosy. KoolAidManOHHHHHYEAHHHH
+1 Recruitment for TFA and TIS leaders will be wrapped up by the time you get on campus. Intern in IB-M&A
+1 Fitbit is dust can’t be seen in the office with that IB Goblin
+1 Charlotte sucks though and this was 2 years ago when WF was mid, also in BMO top grouo jackcena123
+1 u def work in WF CLT jackcena123
+1 But how about the AI coach with meal tracking integrated into Gemini?? Stop with the IB slop. The Whoop is Dead. See where HFs r putting their money. PE Man 6741
+1 Honestly would take over a top EB/BB stint, seems more similar to one of the larger PE analyst programs (think Warburg, Bain, etc) in terms of lifestyle/exit opportunities. Intern in PE - LBOs
+1 At least he is an american citizen instead of another stem opt h1b. America first nepotism! Analyst 1 in IB - Gen
+1 I'm in their top coverage group, not lev fin. But their lev fin is really good, one of the top in league tables. idk if it is worth lateraling from a BB though. jackcena123
+1 I don't know too much about the european programs, but I would re apply for a better masters. More traders/quants coming from those top UK schools and you generally need a technical degree. coffecoffeecoffee
+1 or lateralling upstream, I would say more mm pe than lmm jackcena123
+1 Tried making the switch last summer but didn’t get the return for MMBSI. Believe this was the main reason as to why I didn’t receive it. VP in PE - LBOs
+1 I would say you have three options: (1) hit up boutique and middle-market banks now, they recruit late and on a rolling basis, so that’s your best shot at a summer/off-cycle spot. 714_Lemmon_Legend
+1 Thanks for ur insight. Appreciate the perspective, From advice of several alum/mentors in buyside, I considered my current Levfin team better than essentially all other BBs (aside from GS). rolo25
+1 I'm a chud I'm a chud I'm a fat little chud Prospect in IB-M&A
+1 It's a solid group, probably tier 3 and behind PJT, EVR, HL, MOE, and LAZ. In line with CVP or GUGG. Not a bad place to start your career and they pay well. Analyst 2 in IB - Restr
+1 Both are more prestigious than an HBS MBA Associate 2 in VC
+1 Guggenheim wouldn’t give you the traditional M&A experience that you’re looking for, so I would narrow it down to Wells Charlotte and BMO. InfamousApe
+1 ROIC is difficult to measure for asset-light businesses and even harder to forecast. You see alternative metrics in some verticals like software which obsess over things like ‘salesforce efficiency’. Associate 2 in PE - LBOs
+1 I would always comment on their entry time into the office and say anything after 9:30 was mid-morning.  unders
+1 "Bad luck they hired you for this project" small_artisan
+1 Thanks for the honest opinion. Prospect in IB - DCM
+1 They sent out superdays for this Thursday  testest123
+1 What does the distribution of annual returns look like? Outsiders
+1 Let's say you earn 70k base, have a plan 5 student loan and some level of pension contribution - you will net 3.7 to 3.9k a month. 2k/pm on fixed costs just to live is pretty steep at 50% of net. Analyst 1 in IB-M&A
+1 Hi, thank you so much for the detailed response it is extremely helpful. Intern in IB-M&A
+1 I second Suit Supply they have great options across multiple price points. Tailoring isn't free though but it is much cheaper vs. tailoring outside (subsidized by the suit) AtomicPenguin