+4 IMO biotech is not dead in the longterm, but it has been going through a very rough 4 year period. biotechmonkey
+4 Correct on the refining mismatch and the Canada point. The U.S. isn’t “independent” in a literal sense because the system is optimized around different crude types. Ladd
+4 I’d do it and never look back. The best type of gig. It’ll be laughable how easy the day to day is vs banking, this is coming from someone who went from wealth management to banking (thinking of going back now ). Research Analyst in IB - CB
+4 Let’s also be honest about the fact that the job market is pretty terrible right now. There has been a tangible shift from an employees market to an employer’s market. NNJCRE
+4 I would say several vintages and years ago, you probably did actually see funds return higher than the S&P and with relatively good success too. PeRmAnEnTiNtErN
+4 It definitely has an impact at my bank, though reason why is kind of dumb. They just have a bunch of people sit in on it, and these can sometimes be people who you didn't interact with all summer. Analyst 2 in IB - Gen
+4 There is limited/no room at the top anymore. Comp has compressed MATERIALLY not just post-GFC but also in the last 10 years (there are some outliers such as the CVPs, Qatalysts, etc. Associate 3 in IB - Gen
+4 I like the property management business. Consistent, monthly revenues. You generally know what your gross revenue will be (assuming no clients leave). TheDebtStar
+4 When I was your age I was chasing tail on campus, not posting odd questions on WSO. Go outside. Associate 3 in HF - Event
+4 Thanks for posting / sharing man and I 100% relate. I've been in IB 2+ years now and this feeling has not gone away. (Sorry don't mean to scare you, its definitely just a me problem).  Analyst 1 in IB - Cov
+4 I did it — I quit a UBS IB group. I wanted to share my experience and what led me to this decision. There are so many better platforms in the US that made me feel it was time to switch. Analyst 2 in IB - Gen
+4 Me but I don't regret the pivot (won't elaborate on here, it's a unique story).  NewIndustryHorizon
+4 You’d be surprised at how many incels/pussy-starved nerds there are in this industry. You didn’t lead him on. He probably just hasn’t been laid in a while. Analyst 1 in IB - Cov
+4 The insecurity of this comment reeks through heavy Intern in IB - Restr
+4 Dude. Go. This is one of those deathbed moments you will regret. VIX_Monkey
+4 There is always some possibility that you would get screwed if it's not in writing. A buddy of mine got a verbal promise of a full-year bonus of $X but the person that struck that "deal" left the firm. Director in Private Credit
+4 I worked til 3am every other day for the first four years with no holidays. You’re right, that was way more than five hours extra. WSRaider
+4 This is a crazy take. You have to know that anyone can apply to any US schools, even HYPSM, so a lot of applicants have bad grades and are not competitive for admission at all. incoming_analyst
+4 Ignore them, you are lucky that buy side is more or less a meritocracy. Politics only takes you so far. Interviewers smell the type from a mile away. Partner in PE - LBOs
+4 The phrase "cautiously optimistic" gets me every time.  A prime example of how to say nothing. Turbo_Douche
+4 Holy slop Intern in IB - Gen
+4 Most relevant globals pretty much done. Rothschild has sent out cocktail invites. blubberz
+4 I’m sorry to say it but… they’re going to track you down and kill you :( Prospect in Consulting
+4 Like expectancy with $20mm net worth is materially different than $1mm net worth. When health insurance (or the public payer) doesn’t limit your diagnostic options you can catch things much earlier. WSRaider
+4 WF easy  Analyst 2 in IB-M&A
+4 Just you wait until the WF simps see this. WF is a t10 franchise with great pay, the best culture, and every single MD is very strong. Analyst 1 in IB - Gen
+4 Others have said parts of this but worth echoing:  the idea that there is a 'path' to a hedge fund is both a (relatively) new development and one that is more entrenched at larger, more institutional firms. tcbflash
+4 Not really, but it depends. The Canadian pensions (CPP, OMERS, PSP, Teachers) and SWF (GIC, ADIA, AussieSuper) that are credibly underwriting directs are still sweaty. losing interest
+4 Lol - good, spicy stuff. This rhetoric began with the previous CEO and has continued and amplified with Shankh. There's a lot of hubris there. But if you are allocating capital, would you rather allocate to Ventas? Pisgah
+4 Generally speaking, a 300k base would be more like 800-900k all-in (300k base + 300k bonus + some sort of long-term comp). CRE Credit
+4 If you like playing sports, come to ND. There are parties just about every weekend, and they're pretty easy to find, but I honestly couldn't have more fun than I do at ND. Mr. Disagreeable
+4 Thanks for the kind words! I’d be happy to chat, but I’d learn more from you given that I’m just a college senior without a scrap of life experience😁 big_dawg
+4 Joe Exotic is exactly how I picture you in real life PokerSlopWars
+4 Can't believe how badly people are overreacting to 1 Quarter of Fees  VP in IB - Cov
+4 It reads like garbage. fds
+4 value investing works but on the short side - find what "value" guys like because its "cheap" and short it HFPM15
+4 All of you are DEI Beckies as you benefit from quotas.  Intern in IB - Cov
+4 Not amazing. The best schools are essentially semi-targets in the US. Would say Ivey is comparable to IU/UT Austin. Queens a bit below that. Everyone else non-target af. Incoming Analyst in IB - Gen
+4 Do not reach out until the 5th, next week is very quiet and no one wants to be hearing from prospects.  Associate 3 in IB-M&A
+4 It’s pure sociology. Each generation idolizes something, and the next inevitably finds the blind spots in that idealization, often turning against it, for better or worse. GS under Blankfein
+4 Kids place all the way up until mid July contrary what this site says. Some banks may drop some roles in like May- June. You pretty much need to be doomscrolling LinkedIn every day for these opportunities. Analyst0910
+4 A very simple trick before you start pill -maxxing (magnesium is great and all you probably need supplement wise): read a book in bed in your dimly lit room for 15-20 minutes before bed, screens off for that time. liquidiot
+4 I've answered this question so many times it's getting tiring. Clear path forward  Nobody Man
+4 k1 is a joke of a firm that pays well below market and has horrible culture. would avoid Investment Analyst in PE - LBOs
+4 What’s wrong with someone doing what’s best for themselves within the law? And it looks like they did get support from congressman. Particularly when the system is exploited.  s1akv
+4 ignore Nobody Man GS under Blankfein
+4 user name does not check out  Associate 2 in PE - LBOs
+4 I guarantee that you’ll spend more time trying to install python and get ur env set up at the bank than actually coding yieldcurvemonkey
+4 I would make sure it’s something you enjoy and would be good at. This is 150% a sales and client service career. I’m sure you know what this entails based on your dad being in the field for 25 years. Principal in PE - LBOs
+4 Seeing the usual partisan lines being drawn by the usual posters on WSO is really something. Independent thinking has truly died.  TopBoy.-
+4 Stop being a pussy wallstreetwannabe67
+4 Congrats on Credit Suisse! Analyst 2 in IB - Cov
+4 A few key points related to your question: Anonymous Monkey
+4 From my experience, the best prep for this type of corporate development/M&A case is similar to management consulting case prep: Anonymous Monkey
+4 Define "value investing". Buying stocks for than their net working capital doesn't exist anymore. Research Analyst in AM - Equities
+4 I'm not generalizing for every female in IB in Canada, since I know some female analysts who are at least as smart and maybe even better than their male peers, but Canada does lower its requirement to match gender quotas. Prospect in IB - Gen
+4 I would bifurcate it across fund types as well. MF has a much lower probability compared to LMM. At a MF, I'd estimate ~1-5% of Associates eventually make MD / Partner. VP in PE - LBOs
+4 Question asked in a wrong way... The right question is:  Hedi Mesme
+4 They should merge UBS’s tech team with Xenu’s volcano. Would be accretive day one.  Intern in IB - Gen
+4 The other option is big 4 Prospect in IB-M&A
+4 Was fortunate enough to get into both, chose Ross. Stern might be more “prestigious” but I had interviews at just about every top EB / BB. Michigan is undoubtedly a much better college experience. Analyst 1 in IB - Gen
+4 Only when applying to UBS j1298ohn1298
+4 You can always label it Accountant or Consultant depending on your degree and proximity to the work profile.  Analyst 1 in IB-M&A
+4 What is the hesitation with private credit? Heard similar pay Intern in IB - Restr
+4 This fucking guy man enlightenedfinancebro
+4 The best operators I know never talk about finance. They talk about customers, problems, and execution. Finance is just the scorecard, not the game. Hedi Mesme
+4 I think this depends on what type of business you want to own and run. Principal in RE - Comm
+4 This is just not true, Cornell recruiting is still fine, still places the most people at JPM, and got like 8+ into Evercore 1kjadshk
+4 Bro BNP NY is just a satellite office supporting Euro offices and leads almost nothing. It's a debt shop like DB but check how many lev loans or HY bonds deals they led in the last 3 years. Analyst 2 in IB - Restr
+4 We'll definitely be able to help you without more context! Intern in IB - Cov
+4 I don't think joining an early-stage or even early-growth fund is attractive. jpojpo
+4 Another point is that it's very much more possible to hit home run deals at the smaller check size level. The lack of institutional competition for those deals means you can still unbury some interesting stuff. Assist. VP in RE - Comm
+4 The next level after AC is C which is a people manager role with very high expectations and attrition. ccfarmer
+4 Assume your spot is taken by a white woman, DEI Becky. She is pursuing gender studies at Dartmouth and HR at GS feels her leadership experience from on-campus protests will be a valuable addition.  Associate 1 in IB - Cov
+4 wait until u on-cycle lol Intern in IB-M&A
+4 stick w/UCL  Prospect in IB-M&A
+4 Left Lane Associates S+++ Intern in IB - Gen
+4 That’s crazy, it’s almost like they kicked off a fundraise in Nov-25. Other rebuttals: VP in PE - LBOs
+4 Cornell is 12 in USnews and nyu is 32. Stern is 2 in U.S. news finance and Dyson is #11, behind Kelley, tepper, UNC, ut, and Boston college. See how that works? rooseveltfan
+4 Yeah the HV is selective, considering I applied on the first day and haven't gotten it yet lmao Analyst 2 in IB - Gen
+4 the brand travels. the wallet does not.​hines eu pays a heavy "prestige tax". in london, you will be making 30-40% less cash than your peers at opportunistic funds like starwood or blackstone. tonythebrief
+4 This is basic economics - think this through before refuting items not based in reality. Venturepapi
+4 How is 20 business days not enough time to make a sell/roll decision? Generic Banker
+4 I’m nowhere near anyone here as I paid off loans, traveled a lot, did not invest like you guys, etc.Age: 31 YoE: 9 years Role: PE Sr Associate (did a lot of banking) Cash comp: $400K Associate 2 in PE - LBOs
+4 Are you paying out of pocket? I think ASU/Bama would be your cheapest bets if so. Both have smaller IB programs and massive out of state scholarships. Intern in IB - Gen
+4 Equities is very good, FICC is decent. People exit to great places from either though because it's MS. Research Analyst in ER
+4 I think anyone who actually has the mathematical ability to be able to do quant, probably lacks any soft skills whatsoever. Almost all of them are completely incapable of talking to their siblings and family. Assistant in Legal
+4 Just got an offer at TAP Air Portugal so really hoping this process starts soon! The A321LR doing solo transatlantic hops to Newark and Boston as a junior FO is literally unique in the industry. Associate 1 in IB - Cov
+4 100% wear a tie. You’ll never be taken less seriously for trying harder to show that you care unless you’re interviewing for odd balls. [email protected]
+4 Not many real answers here but seriously: in what world do you think this would be acceptable? You’re literally asking if I can bring my doll to work (no don’t worry it has CLOTHES ON though!). liquidiot
+4 That same marketing person has graduated to working the LinkedIn page. Congrats on the UBS promotion! Associate 2 in IB - Cov
+4 If you trust someone with a supervillain name, that's on you.  I'm not investing money with "Victor von Doom" either.  CRE
+4 So bad bro I rather use copilot  swe2ibd
+4 First, stability in IB and S&T is always just an illusion. Survived so many rounds of layoffs, I lost count. Monkeys'Mentor
+4 Unbiased opinion from someone who has recently left the firm. It goes without saying that M&A is always the most competitive and that’s for a reason. empath
+4 I don't think none of the points i - iii you listed need wisdom  GS under Blankfein
+4 VP3CoverageGS - NYCBase: 250Bonus: 550 Rockstar Winner
+4 Chiming in here as someone on the investment side. We have an ops team but their value-add is near zero if not negative in some cases due to friction it can create with our management teams. VP in PE - LBOs
+4 agreed. i recently made my first "adult" purchase of a single family home. the stress actually somewhat takes care of itself, particularly on cash flow. sick_willy
+4 It's like you pulled these thoughts straight out of my head. I'm also 4 months into starting a company and can echo the freedom, ownership (the bad and the good), better health, and complete reevaluation of self-worth. WSO_123