+4 31. ~$2.75M Director in IB-M&A
+4 CMC and IU doing really well from what I’ve seen, legacy nepo kid schools like the Williams colleges of the world seem to be falling off Intern in IB - Gen
+4 If you don't have any FT work experience, I can see why they did this. They likely have a long line of candidates and can afford to low ball you because others will accept it. Associate 3 in IB-M&A
+4 Just because it's common to be behind on fundraising and deployment doesn't mean it's a good scenario to be in. The business model of PE means it's a huge red flag when you aren't raising in 5+ years. VP in PE - LBOs
+4 Great learning role, but not crazy hours. For some reason, a fund of funds role jumps out to me (or a specialist advisor to LP’s like in real estate, like Townsend Group). odog @digitalimmortality.com
+4 I have been in Corp Dev for about eight years across four different companies (no IB background). Bunnies
+4 Solid find. How did you even find this? Analyst 2 in IB - Gen
+4 This is spot fucking on. Describes so many people I know. And I truly think banks are waking up to this reality. EBs in particular (and Moelis, Evercore, especially). kevinwarsh08
+4 Have yet to make the switch. Still trying and would like to, but would only leave for one of the top merchant developers and those seats are very rare/limited in my market. That said, I’ve enjoyed my role a lot more. DebtChug
+4 Are you still hooking up with that dumbass? Soros_
+4 Their pipeline has been great for 3 years, yet results haven’t materialized. I don’t think their pipeline was ever great and they were are straight up lying to themselves Prospect in IB - Gen
+4 Historically, the West has created this problem, and we're only making it worse. Democratically elected guy gets ousted from government and replaced by a King because he decided to nationalize Oil. Sharky286
+4 Currently an ASO1 in NYC but long term plan on moving back to my hometown (T2/3 city) where there are only a handful of MM/LMM PE shops, much less those with openings. Associate 1 in PE - LBOs
+4 I’m in the same position as you OP. Analyst 2 in IB - Gen
+4 It is interesting for sure. I am one of the older people here as well and back when I started CRE had a small presence relatively speaking. It was as smaller % of AUM for most firms. teddythebear
+4 I agree with what you said but just to be clear, I was responding specifically to the question that OP posed which is tacking on desk analyst stint after having done IB, or in other words, for a relatively “junior” individ Monkey.D.
+4 Trump even admitted that "maybe we shouldn't be there" in Iran and his director of counter terrorism resigned and revealed that Iran posed no imminent threat. MAGAs are fucking retards. anon1019
+4 UBS isn’t “normal” bad, it’s setting the gold standard for dysfunction and poor performance  Analyst 2 in IB - Gen
+4 Northwestern (NUIBC) has been crushing it Prospect in IB-M&A
+4 I think comparing comp for a median analyst at these truly scaled funds is a futile exercise given the variables that go into achieving the right tail outcome at both places (and evolving fee compression across both fund s Investment Analyst in HF - Event
+4 lol I work at RJ T&S. Don’t come here it’s a sweatshop. Analyst 1 in IB-M&A
+4 Unless you are sitting on a trust fund, working for the next NVIDIA with equity, or being insanely frugal, almost no one in FP&A / corp fin is going to get to that level of NW. Associate 3 in IB-M&A
+4 I’m sure it’s a combination of a bunch of things and everything is on a curve. Maybe 5-10% more kids these days are rude or arrogant because their parents didn’t fight in Vietnam or WWII. Who knows. crazylifechoices
+4 Popped a boner seeing that Associate 2 in PE - LBOs
+4 Not doing it will probably hurt you, marginally, more than it will help you - assume that other candidates who are going for research analyst roles will be working toward, or have, a CFA. Addinator
+4 wtf is this shit 😹  GS under Blankfein
+4 iercurencProving wrong those who thought less of me. You will amount to nothing. Now come back in 10yrs with your net worth. RestIess
+4 Avoid Associate 1 in IB - Cov
+4 You can exit direct from IB. Many smaller endowments and foundations are generalists, so you will have to teach yourself more about public markets. David Swenson's book is a good overview. Associate 1 in AM - Other
+4 Ever since they tripled their class size, LBS MFA has become a joke of a program. Analyst 1 in PE - LBOs
+4 Ivy League kids are smart and usually have wealthy or at least well-off parents. The brains allow them to think of ideas and the family money lets them try out their 5th idea when their first 4 fail.  CRE
+4 See below a table showing differences in terminology.  I love this
+4 (1) "I never said hourly pay is not a good measure of how good paying a job is." arossi: "Stop calling it a high paying job.” (Internal quotations omitted). jl12
+4 Brentwood. Terrible performance stay away. Director in PE - LBOs
+4 28. Ideally I'd like to have a home and a nice fast daily driver, and a hyper fast weekender. The last one is the most immediate goal and I'd def want that well within 5 years. Raijin
+4 Because the most important skill as a senior in IB is communicating your ideas to (mostly American) clients.  RBOB_squarepants
+4 I think your story is the most important part, received FT offer from a MM and I think that’s what really set me apart at the end of the day. Intern in IB - Cov
+4 Rabbit
+4 Are you building a networking model or something? Why do you need all these data points Analyst 1 in IB - Gen
+4 Reading all the responses in this thread, I want to provide another way of thinking of Dollars at Work (DAW). Aine
+4 Going to a S/S gives you more optionality than sticking at FM or whatever GSE they are at. Associate 1 in RE - Comm
+4 4 is too harsh. I wouldn't say don't trust others, but more like don't disclose vulnerabilities or disclose emotional takes. Otherwise sure, grab some beers, go do some sports together, have some laughs, etc.  GS under Blankfein
+4 Intern searching for the deal room. bluemonkeyeu
+4 Whats your thoughts on other. I dont know why all of their content is so cringe. Analyst 2 in IB - Restr
+4 You can keep both open early on, but at some point they split pretty hard. stonewall212
+4 Been in your shoes before. Burnout was a result of effectively only working every single weekday (and most weekends) for a year straight. I had essentially no life outside of work. Associate 2 in IB - Cov
+4 unless you’re above average (HTN+) female and willing to jestermax, you are not signing CB incrementalalpha
+4 Could crank your hog twice as much IsItREPE
+4 MetLife Private Capital is a strong platform, especially if you're looking to build a foundation in private credit or investment-grade private placements. [email protected]
+4 This man don't mess with express PrivateTechquity 🚀🚀🚀
+4 Mention AI and that your team only hires absolute rockets as property managers in your pitch decks. Traderade
+4 Go reserve sof ca (38 series) - way better use of your education and skills while still being “SF” technically. Attrition isn’t as crazy. Might have to go basic branch reserve first. Research Analyst in Research - Other
+4 If SA doesn’t happen, don’t stress. With your quant/coding, grab a data/quant/market analytics role at a bank, prop shop, or fintech — anything that gives market exposure counts. andrevc
+4 How do these bankers with no deal flow in recent years manage to keep scamming a new employer every few years? Analyst 1 in IB - Gen
+4 Close your eyes and Imagine a worse case scenario. Ok now imagine it’s worse, way worse in almost every aspect Analyst 2 in IB - Cov
+4 How long after SPD until you receive an offer? How long until it explodes? renegade1
+4 Lack of French is the biggest problem for Paris recruitment. You need to already be at a good level before starting.  Goj5979
+4 Essec is 4 years which is one year too much in a bachelor.  adrien3
+4 Hopefully you aren’t in industrials. Their bald headed group head truly doesn’t give a fuck about juniors. Intern in IB - Cov
+4 Current Oxbridge student here so can maybe offer an interesting perspective. Not really been interested in IB, PE etc. Intern in PropTrad
+4 ojapar20At the end of the day, results are results. TheFunkyMunky
+4 Our EAs are useless and I do not like them. They are lazy which is fucking annoying because they get paid ~$150k plus to book meetings and flights and otherwise basically nothing. Always slow to respond. Associate 1 in IB - Gen
+4 This post made me pull out a Meridian Capital set up I saved from 2014 for a rent regulated walk up in East Williamsburg.  Pro forma rent roll was 475% above actual and expenses were 72% below actual.   DisgruntledAppraiser
+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 Insurance M&A is paradise  figenjoyer
+4 If I am being honest you would be catching a falling knife KageSelly
+4 Funny how oblivious the typical finance professional is. Most haven’t taken the AI-pill. er_beast
+4 Sorry you didn’t get your return offer intern Analyst 1 in IB-M&A
+4 Got placed into PFG Intern in IB - Cov
+4 er_beastBlue collar jobs aren’t safe either. Enjoy time with family and friends. We are very clearly in the singularity. AGI is imminent. IsItREPE
+4 most people dont start off their career straight as a trader. no one is going to recruit someone who has no trading experience, give them a book and tell them to start trading, that just doesnt happen. spiff
+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 Blair and GHL are sinking ships. I’ve noticed the material we get from both of these banks has gotten progressively worse.  Associate 2 in PE - LBOs
+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 Kids nowadays think about exits before even getting into banking lol. As someone who's worked in Corp dev, PE, and IB, here's my two cents: Green Zeus
+4 This Senior VP in IB - Cov clearly works at Citi and has been trying to hype up the bank for a while now across multiple threads. Analyst 2 in IB-M&A
+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 Investment Analyst in VCThe only way for you is to hit the lottery or start a business.  This is an absolutely absurd take. devildog2067
+4 All this dry powder that everyone talks about will need to get out the door. You had funds raising records amount of capital in 2021 and 2022 with fourish year investment windows. Guess what? CRESF
+4 bofa. vp3. top bucket. $340 bonus.  VP in IB - Cov
+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 No, because it has nothing to do with the idea or sector or business model. It has to do with you and your ability to take risk. It honestly doesn't really matter what business you start, just have to execute well. Investment Analyst in VC
+4 A new analyst had to change the ink in the printer late night. He messed it up and ended up inhaling the ink fumes. Associate 1 in PE - LBOs
+4 full in-person is great IF the students are flown out on the company card, likely with breakfast/lunch provided. i've had two in-person and three virtual super days.  Intern in CorpFin
+4 Citi if you want to stick around to associate+. RBOB_squarepants
+4 I love that finally you younger lot are speaking up about it. No need to suck up and buy into their eternal victimhood. Whenever I tried raising these issues, they tried framing me as misogynist. Director in IB - Cov
+4 You seem to have some vendetta against BofA lol. Are you the guy who got passed up to head IB. All of your observations bear the most weight for a VP about to turn into a director or a ED about to make MD. Smoke Frog
+4 inshallah brotherabolish spring weeks anonf0fty
+4 This isn’t LinkedIn bud Associate 2 in IB - Cov
+4 Agree it's sweaty, my point as outlined in my comment is that it's not abnormally sweaty like a Veritas or Apollo. Any fund of 5bn+ is sweaty, the question really is severity and if the people are also aholes. Associate 1 in PE - LBOs
+4 Was at a RX consulting firm up till pretty recently, and you're correct but also not. Associate 1 in Consulting
+4 Analyst 1 in IB - Genthis is definitely helpful, thanks a lot. have a few follow ups if you dont mind. gimly
+4 LOL buddy it's an outdated tag, stop being such a condescending AM prick.  Intern in IB - Gen
+4 This email is super generic - at a target you should have no shortage of alums. I'd recommend looking for people who were in the same orgs/clubs as you, maybe same frat, etc.  Associate 3 in IB-M&A
+4 Listen to a lot of noise while you're studying. Prospect in Research - FI
+4 Not sure what my title is anymore, but I'm a GP founder. I've been in your shoes before, the angle on "promotion" is really helpful if you're aiming at that title at your new shop. EightAceTres
+4 Don't try to pull anyone's leg or try to see what you can get away with. People do notice (even if they act nice and dumb to your face) and it will back fire tremendously.  Analyst 2 in IB - Gen
+4 Look at "economyisland" comment history - 5 comments all defending Onex VP in PE - LBOs
+4 I do agree with this for the most part. I will generalize and say (at decent banks) that Assos who began their careers during Covid are cracked. Associate 1 in PE - LBOs
+4 It’s not that confusing. “Investment Banking & Capital Markets” is separate from corporate banking. Associate 1 in IB-M&A