+4 generating alpha48291 Works at Citigroup
+4 It’s a toss up at the analyst level. BofA pays the median analyst ~5-10k more vs Citi so if you really care about that go for it.  RBOB_squarepants
+4 Pretty obvious who the best one to work with is Managing Director in IB-M&A
+4 Throw Truist into A tier while you’re at it Analyst 1 in IB - Gen
+4 Not sure what type of shop you’re at, but that’s pretty similar to the type of feedback we gave to interns (BB coverage group) Unfortunately, it likely means you won’t get a RO since the As/An have mostly indicated you wou Analyst 1 in IB - Gen
+4 People give this MS because it's true and they benefit from it. WSO is disproportionately people who wouldn't pass the "Northeast Men" screening. Swashbuckler
+4 You learn these things by doing and spending time speaking with owners, developers, brokers, users, etc. Its a somewhat niche industry but once you are in it, none of it is that complex.  Dev_WanaBe
+4 Don't let the averages apply to you, because they absolutely don't. Dr. Rahma Dikhinmahas
+4 I would just try to rent an affordable apartment in an ideal NYC neighborhood with roommates at 24. Unless you have parents willing to co-invest with you into a property, I don't see how it would make sense. NewIndustryHorizon
+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 Starting off I agree with you that long-term Big Law partnership leads to better pay than MBB partnership. If someone wants to make 5M+, Big Law is more likely to get them there. Analyst 1 in Consulting
+4 deleted Intern in IB - Gen
+4 DB at 36th is insane Intern in IB - Cov
+4 Congrats on citi Prospect in IB - Cov
+4 "Oh no, my steak is too juicy and my lobster is too buttery!" Abusement Park
+4 Above average pay is great for the short term until you realize you will never even sniff carry and there's no spot for any promotions after a certain point because you are at a zombie fund. Associate 1 in PE - LBOs
+4 Interviewed with a couple teams in their NY office so let me give my best opinion. Think of them like a crypto native bank, doing all sorts of things within the world. abob
+4 UBS not #16 Associate 3 in IB - ECM
+4 UBS not #15 Associate 3 in IB - ECM
+4 I was 7 and 63 and got grandfathered into the 79, yes, I’m old. If you can get those done before FT it will make training, starting, etc. so much more straightforward because you won’t have to worry about them. TechBanking
+4 Just my 2 cents here, plz take it with a grain of salt. Don't just study the financial reports, try to learn more about the underlying business. Analyst 2 in IB - Cov
+4 Can't believe how badly people are overreacting to 1 Quarter of Fees  VP in IB - Cov
+4 UBS not #13 Associate 3 in IB - ECM
+4 Bro knows ball rolo25
+4 nontargets be doing anything Prospect in IB-M&A
+4 Sweaty, tons of turnover at all levels (including several seniors), bad culture, and recently also quite bad performance after a resurgence following their massive downsize from MF back to MM. Pay is decent. VP in PE - LBOs
+4 Firm: Deutsche  Type: agony  AI: All the crappy ones Use: Writing long complex emails acknowledging pointless comments buying you another 20 minutes of life Analyst 1 in IB-M&A
+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 Honestly ECM is a great gig and not sure why people hate on it. When you look at what people want to do after 2+2+2 their ultimate goal typically sounds like ecm (good wlb @ high pay) Associate 2 in IB - Gen
+4 i think if you don't have kids, a family, health concerns, or hobbies and want to devote your life for a job with lots of uncertainty, stress, and a backloaded compensation scheme that you may be aged out of, it could make K5JbYq3Zg2MvXw4L8HpR7TsE6FnU1DcO0AaSbWxPdQzCfGjViNhTmLoIrY
+4 Agree with other commenter. Aside from the fundraising issues seems like a sweet gig to give up for a shittier lifestyle in IB and no goodwill. Associate 1 in PE - Growth
+4 Curious why you didn't go directly into quant after undergrad, given your profile is already strong across the board (school, grades, coursework, research). Prospect in HF - Macro
+4 I'm a chud I'm a chud I'm a fat little chud Prospect in IB-M&A
+4 I know a guy who worked at a top bank in REGAL for a couple of years and then left to take an Analyst role at Eastdil, where he stayed for a year and then took a top RE hedge fund job. Partner in RE - Comm
+4 go to the bay if you want to do relevant tech deals, this is my ranking, which will invariably piss people off. really indexing on deal flow (i think this matters more than anything), brand name and future prospects: Analyst 1 in IB - Gen
+4 0 way of predicting this  Associate 1 in PE - LBOs
+4 same what the actual hell is this glad i didn't move on in the process holy shit Intern in IB-M&A
+4 the bank account thing is actually fucking crazy Intern in IB - Cov
+4 kuf135Thanks very interesting. What are your thoughts on Frazier and Archimed? Moonshallow
+4 It really comes down to agility and whether an incumbent can genuinely become AI-first. They do have advantages just by nature of already holding the relationships / reputation. Associate 1 in PE - LBOs
+4 It will take you 5 years to get into PE per the path above (1 year to get into MBA, 2 years MBA, minimum 2 years IB, at that point PE opps start to open up) and probably 5-8 more years to get to principal or partner and ea Associate 3 in IB-M&A
+4 Those look like low fees for the commercial appraisals. I would have expected significantly higher for both. DisgruntledAppraiser
+4 Texas Indiana Rutgers Intern in IB - Gen
+4 Comments like these just show how much this website loves to hate on BofA...im not saying its better than Lazard at all, but saying you would "make fun of someone" working there is the most performative comment I have ever Intern in IB - Gen
+4 While I generally disagree with tone and elements of this take I do agree with higher risk (will get to that in a bit). Anonymous Monkey
+4 Vests 1/7 each year for 7 years (yes, I know 5 years is typical),   asmith_1
+4 We bill our misery, so it counts towards our yearly bonus.  Fiduciary Duty
+4 Are the mods asleep? Literally half the posts on the homepage are bullshit spam. Unusable forum rn. monkeyvjit
+4 everyone applies as a subhuman with "top club" no one is a jacked chad rower with elite technicals as well Intern in IB- Mergers and Acquisitions
+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 Response to B) i would agree that a small number of earlier vintage funds did return 9-11% but that was when the market was a tiny fraction of the size and it took a massive bull market in PE plus PC expansion to get there CPDDOUGH
+4 You are absolutely not expected to “perform like an associate” from day one. What a silly comment. You literally have no full time work experience. Associate 2 in PE - LBOs
+4 Tracks with my limited experience. Went to IC about once a month/three weeks, say across 8-10 deals of which 3 went deep/final stage.  30% of weeks are an angina-inducing >100h weeks Associate 2 in PE - LBOs
+4 Associate 2 in IB-M&A MNKLDN
+4 Personally I think it’s a great option if your on a budget but would like others input  IBchimp88
+4 It’s not like I have any great love (or dislike) for DEI programs. It’s that the arguments presented against them are awful, weirdly personalized with no appeal to the bottom line.  Managing Director in IB-M&A
+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 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 I’ll answer this seriously. Yes, it’s possible, but it’s not as common. There’s a bigger technical moat the closer you get to pure trial analysis. Why? It’s a complex, data driven exercise. Classongrass
+4 This might be the most informative NW datapoint in here. Not bc of you, but bc of your trust fund. Principal in PE - LBOs
+4 100% and that's coming from a homeowner in their 30s with a wife and kids. Lifestyle is pretty baked at this point and unlikely a major payout would change much. pajero
+4 Stop using TikTok and aggressively limit how much short-form media you consume.  Analyst 1 in HF - EquityHedge
+4 The exit liquidity is astounding. Biggest allocation of an IPO to retail ever, and I think I read it's something like 400 employees becoming centimillionaires and over 4,000 becoming millionaires? PrivateTechquity 🚀🚀🚀
+4 Agree with the chorus, you have zero sway as an analyst and even if you are top bucket / hard worker, your comp will still be rangebound (especially at a large bank when your seniors don't have latitude to give you hugely Associate 3 in IB-M&A
+4 Honestly, it comes down to what you want long-term. wirkutskijkarl
+4 Very much appreciate the candid feedback. madduxrich
+4 Why was this moved to off topic?? This is related to IB and people should be able to anonymously post about it.  mr_purple
+4 I may just be paranoid but my tech group blocks edu emails and a few common terms they likely shouldn't be blocking.  Associate 3 in HF - Other
+4 The former - you can slip into programs that need more headcount or have people leave, and you're only a few months or a year different of experience vs someone who went to PE at the 2 year mark. Associate 3 in IB-M&A
+4 Finance bros are literally all the same, holy shit. monkeyvjit
+4 Suits - Pick up something from Suitsupply for around $600. The value is incredible for what you pay (high quality suit for under $1k), and it’s really all you need for the summer. Analyst 1 in IB - Gen
+4 Also kind of hard to understand people who don’t work in the industry spending so much time commenting on how there doesn’t seem to be gender discrimination when women who work in the industry tell them there is. Associate 1 in PE - LBOs
+4 My undergraduate alma mater is more internationally well-known and prestigious than both of Oxbridge so even if that’s true then it’s not a big deal. Regardless, what you say isn’t true. Donkey from Shrek
+4 Everybody saying bofa is trying to actively sabotage your comp/career Research Analyst in Research - Other
+4 Hey, many thanks again for the second reality check. I indeed read the post you commented, very interesting as well. Associate 3 in IB - Cov
+4 Wanted to point out that in a webinar LBS said that they now put a limit at 300 students, meaning the class size will not increase in the next years.  goriecs
+4 Name the firm my god Analyst 1 in IB - Gen
+4 Stern is a tough place to go to school. The kids are brutal. It might have more total opportunities (maybe not, not sure these days) but everyone is such a slimy hardo. Analyst 3+ in IB - Cov
+4 Stay away. Outlook is awful for the sector on both AUM trend and performance.   CPDDOUGH
+4 u went out of ur way to type this negativity to a college sophomore as an associate at 11pm brotha jaart
+4 If you are going to get quality, institutional level experience, you can find your way back to New York. Works at Jones Lang LaSalle
+4 ^Additionally, I've included below a link to the data-driven rankings I put together in the biotech and broader healthcare space with some useful commentary, as well as recent links I was able to find about the state The_Biotech_Banking_Expert
+4 LO AM is a dying industry dude. therealgekko
+4 SaaSChimpOk helpful. Two more: Associate 1 in PE - LBOs
+4 Hey everyone - thanks for all the q's, tried to get back to as many as you as I could. Tried to prioritize those that had more general value. At some point had to get back to work. WBuffet-100FactorTilt
+4 Regarding the free labor comment, I think sometimes it can be the MDs that create that environment.  Deal Team Six
+4 It’s totally normal for a coffee chat to feel awkward. alex50
+4 First of all, congrats for having two very impressive offers. I think this depends from what you truly want, which we don't fully know. Analyst 1 in PE - LBOs
+4 Analyst 1 in S&T - FI Associate 1 in Private Credit
+4 What is the project lifecycle like in terms of time and critical paths for non-powered, unentitled sites to become powered and shovel-ready? laffer
+4 You don't see how promoting the less qualified people is not great for the bottom line? Put the fries in the bag buddy you're not a IB MD. rooseveltfan
+4 This happened with CHIPS office too during the Biden years, I know a few people who did that as well before returning to places like JPM and Evercore. Portnoy's Complaint
+4 Agree with this poster - you don’t have the full-time work experience or an MBA to command an Associate title. Analyst 3+ in IB - Cov
+4 GET THE HUMMUS Substack_Guy
+4 Like to eventually be in a strategy role or a role that can eventually be leading a team around business development/strategy. Analyst 2 in IB - Gen
+4 I'd consider many of those themes that you mentioned to be infrastructure and energy transition strategies and not general industrials. Associate 3 in PE - LBOs
+4 Trill I assume? Associate 1 in PE - LBOs
+4 Going to go a bit broader because when you say GP/LP side, that's typically another distinction versus primary and secondary. Primaries Mosaic21
+4 You’re misidentifying what I’m correcting. Read carefully. I’m not disputing that courts sometimes authorize payment of prepetition trade claims.I’m correcting your characterization of that authority. VP in IB - Restr