Highest Ranked Comments In The Last Year

+4 Associate 1 in IB-M&AWhat’s percentage cash / stock / deferred? Jefferies bonuses are all cash  Analyst 2 in IB - Cov
+4 S+++++: Any target school hockey/lacrosse team Intern in Consulting
+4 can't wait to get staffed on restructuring the debt for this in like 3 years TLBandChill
+4 If you look at the skyline of Shenzhen, China it is crazy.  Going from a population of 300,000 in 1980 to 18 million in 2026.  Want to know where globally priced building commodities and capital are going? odog @digitalimmortality.com
+4 I did two search fund internships, one in the summer after my freshman year and one fall-winter sophomore year. Both were unpaid and remote. Intern in IB - Cov
+4 This is basically the situation I was in before heading off to do an MBA to get into Private Equity. I did 3 years in management consulting before I got into corporate dev where I spent another 2.5 years. Healthcare Blues
+4 In most cases I think a normal EB (CVP, EVR, MOE, PJT, LAZ, PWP) outweighs the niche boutiques. Associate 2 in IB-M&A
+4 The amount of people thinking this is genuine is concerning crazylifechoices
+4 Fatter and poorer than I thought, why do you ask? Analyst 1 in IB-M&A
+4 You're already in a top club at uva. Dyson is better but there are def roadbumps being a transfer. I'ld decide based on social fit and happiness. If ur happy at uva stay. If not transfer Prospect in IB - Gen
+4 As someone with ~7 years experience in LMM PE, yes I would give PE a try for ~1-3 years especially if you think you will regret not trying PE ever in your career. Associate 3 in PE - LBOs
+4 Sonny LoSpecchio Ozymandia
+4 On branding: Matters less than PE, but not zero. You can port from a $500M scrappy fund to a bigger shop later. A fund blowup or reputation for weak work sticks though. capitalgrowth2
+4 So stay in IB is the play? burn8573
+4 Would you say a phd is even a plus anymore? In the last few years many firms that historically required phd now prefer undergrads from top schools. cp5670
+4 Similar answer as the UBS thread a while back. RBOB_squarepants
+4 My top concerns with AI are NEVER addressed in comments/posts like these.  user_5991
+4 As someone's career path who follows Mid BB -> LMM PE -> Regional LMM IB, I have a little bit of insight on the path and the pro's and con's of moving back to banking. PeRmAnEnTiNtErN
+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 It's the opposite.  You went to a woke librul school so you will require extra training at the grunt level Soros_
+4 I did 2 years of MM PE and got pretty burned out so I decided to leave instead of staying to do Sr. Assco. Nw I make 200k in corp dev at a public tech company you've heard of. Associate 2 in PE - LBOs
+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 I don't know too much about corporate banking, so I don't want to give you false information. Lester Freamon
+4 throw-away-account1What does this dynamic mean for PE writ large? Works at The Family Office
+4 In the US at least, our society has no respect for beauty anymore. salesbish
+4 Public data - go type in 100k in 2020 on bls inflation calculator and tell me what it says moron. Unless you going to say some stupid bullshit that public data is incorrect. You are insufferable. patrick_bateman_
+4 Going through this as well Be prepared to discuss at the beginning an overview of your thoughts on the business and investment. Maybe 2 minutes, keep it punchy before opening for questions. Investment Analyst in PE - Other
+4 It takes a lot of willpower to remain completely separate from the financier's way of life, and you might even be putting your cultural "fit" at risk by doing so.  Associate 1 in IB - Cov
+4 Not to burst your bubble but once you leave the institutional side of financial services, it’s extraordinarily hard to “break back in” without getting a MBA or resigning to accepting a role at the exact level you left. liquidiot
+4 that’s nice to think about a top exec at a MF being a gritty investor but the reality is… not really his job. credev99
+4 I work in this type of role at a larger hf platform, so yes, they do exist but the word “quantamental” isn’t used in practice by anyone serious, the roles are very uncommon relative to traditional seats, and rarely would t Associate 2 in PE - LBOs
+4 honestly oftentimes people shortcut the deck / memo given the time constraints of the case study but still can have an intelligent conversation about the thesis. GBB_19NHS
+4 I learned a ton more in PE than I did in banking full stop. I think consensus view is if you want to prioritize learning PE > banking. Associate 1 in PE - LBOs
+4 12 minutes into the role:  "I could see myself doing this for the rest of my life" GS under Blankfein
+4 When this enters the realm of a medical issue, and your ability to work, you need to speak up. People should basically wear skin scents in the office. johnny-mnemonic
+4 You’re missing a big & important bucket here of VC. Can categorize that further with pre-Seed through pre-IPO. But lots of tech VCs that are multi-stage. Associate 1 in PE - Growth
+4 Sounds fucking insane asking to be paid a full year's BONUS when you've worked less than 3 months and brought in no deals?? Investment Analyst in PE - LBOs
+4 it depends.  If it’s the only offer you have, they’re a fucking beast like Japan never left the 70s.  If you have an offer from GS/MS/JPM they don’t look too good :(  Associate 1 in IB-M&A
+4 Use the offer post-SA to lateral to a MM for FT.  PaulAllenIsInLondon
+4 Essec is a non target for London. They take quite mixed profiles, and career services are mid. The only ones worth doing in France for London IB are hec or escp at the moment.  Bander77
+4 I wouldn’t go too crazy on this one if you are working on ownership side of the table. Pokemon Master
+4 People say the churn talk is mostly tied to a few rough staffing years rather than the whole place being bad. The hours can swing a lot but not all groups are equally intense. Hanlon
+4 I think this is sort of on the low end honestly - after PE your base should be somewhere between $150-200K with a cash bonus of 10-15% + equity. You need to be looking at manager level roles at the low end. Associate 3 in PE - LBOs
+4 Agree it is possible. The key is probably being able to show an understanding of restructuring, Chapter 11, LME, and the ability to underwrite more complex and difficult deals (especially non-sponsored deals). relatively_levered_loans
+4 Fair but HL RX NYC > PWP NYC RX.  Analyst 1 in IB - Gen
+4 Thanks guys, this really helped me understand the severity. I went ahead and applied to McDonald’s and Dunkin as suggested. Additionally, I went ahead and applied to subway and jersey mikes to cast a wide net. Intern in IB - Gen
+4 FinnesseGodTechnically possible for folks like Elon Musk odog @digitalimmortality.com
+4 I don't think none of the points i - iii you listed need wisdom  GS under Blankfein
+4 I know people are disagreeing and giving you MS, but as someone with kids, I get your POV. The amount of missed soccer games, missed play time, lack of vacations, etc. begins to come into perspective as you get older. teddythebear
+4 Personally I think it’s a great option if your on a budget but would like others input  IBchimp88
+4 It’s a generalist fund. Your efforts in biotech seem as like “better than nothing”. Also the PM seems to have more of a betting approach for these names like what is upside and chance of getting there. Hags28
+4 You're confusing league tables with prestige  Intern in IB-M&A
+4 Depends on which fund and their structure. At my fund AM is valued highly (we are high yield/opportunistic debt). I sit equal to our head of strategy/production and report to our head PM. CRE Credit
+4 I almost did this, but toughed it out because everyone told me to. Idk how things would’ve turned out if I left earlier. Tbh, the first year was tough but I found my second year much more manageable. Sigma.Batman
+4 I don’t see how it could go wrong! Maybe send her a calendar invite for Friday evening. CC her staffer and MDs so they know she’ll be tied up (in more ways than one if you play your cards right!!) Analyst 1 in IB - Gen
+4 This is going to be a very personal opinion, but I truly believe the shop matters in RX. Analyst 1 in IB - Restr
+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 Do you tech bros ever tire of spewing your marketing nonsense on this site Prospect in IB - Cov
+4 "Look, I’m not here to debate whether diversity matters in principle" Associate 2 in IB - Cov
+4 I’m now 5 years removed from my time in PE, but I think people often times fixate on doing the optimal thing and being on the optimal path. Associate 3 in PE - LBOs
+4 Apparently i've never been in IB / PE according to the guy above just because I don't have a god complex, am able to recognize the reality and don't think i'm some irreplaceable genius for being able to put together an LBO Ares12
+4 Not sure I see it that way to be honest... For sellside, as long as their remains vehicle(s) for capital to get to small players (and small players have desirable capabilities), there will be mandates for bankers. VP in IB - Cov
+4 Congrats on Cornell! intern67
+4 Does the crime have to be in the U.S.? Asking for a friend I’m internationalfrom South Sudan Analyst 1 in IB-M&A
+4 One time as an intern I was working late on a friday night to make this excel model that I thought would make me Jesus coming when I showed it tto my VP on Monday. Gold-ManSacks
+4 Personally dont work at Jefferies but know a few people who have worked here. This is probably the best global office in Toronto. Analyst 2 in IB - Cov
+4 From what I heard, be able to do everything and all responsibilities of the job absolutely without AI, and know how to think critically, etc. -.-.-.-.-
+4 This is similar to my experience. So maybe I’m answering my own question here, but then how am I supposed to use AI to be more productive? NPV
+4 I use AI every day for coding (quant type of role) and it's scary how good it's getting, but at the same time it doesn't seem to be freeing up any time among tech teams at my work. Soros_
+4 Ishtvan.moysa Associate 1 in IB - Restr
+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 I'm a chud I'm a chud I'm a fat little chud Prospect in IB-M&A
+4 Correct. Top bucket gets paid somewhat in line with street… which is also egregious because they’d likely be top bucket somewhere else and get significantly more. VP in IB - Gen
+4 Will forgive you for suggesting Wolfe research is Tier 1, but ultimately be very careful sitting in this position without either leaving or picking up stock coverage. research_guy
+4 You just get used to it. Culture matter more than hours. You can prob play videos games till midnight every night and not feel like you’re dying. Same goes with work if you somewhat like the work and the people. [email protected]
+4 It's ironic to see that for bankers who talk a lot about scaling, growth, and judging businesses on a day to day basis, cannot grasp that finance, just like any other industry, is also subject to economies of scope and sca Matchabee
+4 LAZ lost some talent but at the end of the day they still have the institutional edge which will always give them a spot as a top RX advisor. Analyst 2 in IB - Restr
+4 Seeing an actually helpful comment on WSO is a breath of fresh air.  Matchabee
+4 The acquisition by Brookfield will bring about significant changes. Most recently deployed fund had Inter Milan, Thrasio, Chinese NPL investments so it’s underperforming. Director in AM - FI
+4 Q up, PWP down, LAZ up masterbeast
+4 I work in I&L in London and think you’d have an easy time lateraling to a fund here. Funds specifically recruit for Nordic speakers because it’s so tough to break in without commonality. Christophiish
+4 Just want to provide a different take - I think it is in fact very much possible (many people in my EB cohort way back were in similar positions)  Monkey.D.
+4 jewslayer1944No private market long investment cycles to hide behind so it's actually a meritocracy. Associate 1 in PE - LBOs
+4 Their bonuses are historically bad so this certainly can’t help Associate 2 in IB - Cov
+4 Congrats on both. I'd go with HEC.  Lse is great, but the outcomes don't match the hype or the price tag.  Goj5979
+4 AI shit answer Analyst 1 in IB - CB
+4 mgw19calculator is unnecessary coming from somebody who bought one for fun odog @digitalimmortality.com
+4 There’s not much you can control beyond doing strong work and learning as much as possible. If the firm is shrinking, promotion odds from associate are naturally lower, so I’d treat that realistically. Associate 1 in PE - LBOs
+4 less than 50% for 25 summer 233333xd
+4 Sds will be out next week for batch 1, they are doing two batches. Batch 2 r1s scheduled for March first week but looking to fill majority spots in the first batch dnskndke
+4 What school do you go to? dnskndke
+4 so are both you guys virgins? Associate 1 in IB - Cov
+4 Man, if Elon can build (oh sorry, I mean just get lucky into tricking all the real execs into doing everything while Elon just drools and eats candy in the background) several multi trillion dollar compan Ozymandia
+4 #2 or one of the top yes (especially given their balance sheet which allows them to buy into large syndications even when they are not the lead originator), but there should absolutely be no reason Wells Fargo can do more Director in RE - Comm
+4 Lube and a condom ideally Analyst 2 in IB-M&A
+4 Incredible amounts of turnover, bad pay, goofball seniors who can’t win deals Associate 1 in PE - Other
+4 I just went through this - I also specialize in a somewhat niche asset class. It took me around 10 - 11 processes and I got runner up in 5 of these, which was pretty frustrating; over a year. Trader in HF - Event
+4 Its hard for people to remember you if you are a generalist on the buyside. A lot of buyside analysts are sector specialists, whether its tech, industrials, consumer, financials etc. kil
+4 Goldman S&T below UBS banking???? Analyst 1 in S&T - FI
+4 People are missing a few things. Managing Director in IB-M&A