+4 It depends on what the specific team is underwriting but modeling would involve cash flows with a standard revolving credit facility. Associate 1 in IB - CB
+4 When you say "not close to RX at all", how far away are we talking about? Context matters. Associate 1 in Consulting
+4 As always, it depends. But generally portfolio monitoring is the easiest win. Most firms are already chasing quarterly financials manually, so the pain is obvious and the bar is low. Dr.Leigh
+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 for the European monkeys: Associate 1 in PE - Other
+4 Nobody really knows; not looking great for some of the horizotal software names these PE companies own that don't really have any barriers to entry or diffrentiation. Associate 1 in PE - LBOs
+4 Carry Enjoyer: Analyst 1 in IB - Cov
+4 You do realize the irony of typing this out on an app dedicated to people trying to break into this industry right. Associate 1 in AM - Other
+4 Feds did a sweep 👮‍♀️ hankpim
+4 You sound very qualified for the job so I won't worry about 90% of the stuffs that you mentioned here (you will pick it up on the job). Analyst 2 in HF - Event
+4 ICE will recruit you back to Canada  Analyst 1 in IB-M&A
+4 Absolutely not lol, as the rest of the people on here say, congrats on Ensis!!! Be a little more subtle next time. VP in IB-M&A
+4 Don't even think it's about RX IB or distressed PE, some increase in discussions about the field on here are to be expected when the economy's not doing great. VP in PE - LBOs
+4 "Most optimal". I would start with grammar classes before IB. MMPM
+4 Yes, a bunch of An3s quit after bonuses this year. Haven’t been plugged into the stories this summer but wouldn’t doubt what you’ve said. Works at Rothschild
+4 This is a total old man yelling at the kids on the lawn post. I was based in NYC as an analyst at a BB, but I was mostly staffed on international deals. TechBanking
+4 You voted for a retarded bully and you got a retarded bully.  Bullies start fights.  Take some accountability instead of whining about Jews. Soros_
+4 Ay big bro dw, you can always see your family again in the afterlife. But slightly changing the marketing material no one will ever look at? That only happens down here. Or make an analyst do it Prospect in IB - Cov
+4 Google it. I don't mean to be a dick, but you seriously need to have the critical thinking skills to google this shit when it's one of the most widely discussed topics out there usernameladiesman217
+4 Dude just do it for 20 more years until you are dead inside. You’ll stop complaining eventually  That’s a obviously a joke but I would say to most people do an extra 2 years or so  WestCoastChimp4521
+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 You came to an IB forum to tell us this?  This reads less like you're proud of your current career and more like you're trying to get validation that your plans make any sense (they don't).  RedWhiteAndWho
+4 There’s MDs making $25m per year? Associate 1 in IB - Gen
+4 They’ve got a nice stable of investment bankers, they’re pretty well-known in the MM, particularly in tech and some spots in industrials, but they are absolutely bleeding talent right now due to how bad compensation is.&… TabernacleHouse
+4 O&G is trench warfare Analyst 1 in Consulting
+4 Would agree with the above comment. Whether the modeling gets outsourced is highly dependent on the bank and deal. Generic Banker
+4 Apologies if I wasn’t clear, but the punchline was that families will convince themselves Rutgers is a ticket to Wall St.  Dr. Rahma Dikhinmahas
+4 I would stick to vague numbers - it doesn't at all matter in an interview what their EBITDA margin is, the important part is that you can articulate a couple things about why it's a solid asset  Associate 3 in IB-M&A
+4 BSLs generally don't do DDTLs, which precludes a big chunk of the sponsor-owned world that relies on inorganic growth.  Execution is easier.  Covs are looser. Associate 1 in IB - Restr
+4 mgw19calculator is unnecessary coming from somebody who bought one for fun odog @digitalimmortality.com
+4 Also recruiting right now, so I might be wrong, but I'm assuming the Cramdown test used in the rx guides would be correct since in the BKC Code in section 1129 it states, "Notwithstanding section 510(a) of this title, if a 9898cabo
+4 Right, and at one point I turned down a role in IR at a macro hedge fund and years later can't land an offer, with even more experience.  PaulAllenIsInLondon
+4 timeline has accelerated alot. the LO AM like fidelity, dodge, wellington will start recruiting on ib timeline(jan 26).  Analyst 1 in AM - Other
+4 I think you mean you won’t be networking with me anytime soon Analyst 2 in PE - Other
+4 If you have a family business of that size, you should plan on taking it over and growing it more. You owe it to them to build upon the foundation your parents layed vs trying to lay a new one. Associate 3 in PE - LBOs
+4 Medline?  Not common from what I've seen to move up PE portco ranks at large companies like that.  Business School in CorpStrat
+4 fewer whites, happier life Bossman123
+4 J-Money what’s happening man. You were my favorite intern [email protected]
+4 Can this pls be pinned or something BoweryScumbag
+4 Where do other Euro banks (SocGen, ING, Credit Ag, Santander) and their respective teams place on this list? Prospect in IB - Gen
+4 would 100% recommend this site which most kids in my school used for EB and BB Analyst 1 in IB-M&A
+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 Dr. Rahma Dikhinmahas TechBanking
+4 The shitty part about trying to take a step-back job is that a lot of companies generally won't hire you because they know you'd bolt the second the economy recovers and something more your speed comes along.  IsItREPE
+4 Thank you, Johnny-mnemonic. Let’s link and get a drink (think beer / cocktail / martini) at our favorite west village bar sometime Analyst 2 in PE - Other
+4 It is the BofA playbook after all. Moynihan tells us how it was an amazing year with record profits, then we get shit bonuses due to a challenging market… wtf? Associate 1 in IB - Gen
+4 you lack integrity and you can't seem to understand risk-reward either. This isn't pretending you read Hegel on your PS. Outright lying for something that doesn't even move the needle....  anonf0fty
+4 congrats on rbc Incoming Analyst in S&T - Equities
+4 You could very well be qualified and be able to do the job just like everyone already at the fund. But that doesn't matter.  Mr Balloon Hands
+4 as someone who recently graduated out of ivey, I can confirm that wic and ipc are run by bumsmore of an emphasis on ipc - mostly nepo fatchimp225
+4 The merger with CS created a lot of issues IMO. Hiring individual MDs externally allows you to strategically fill coverage gaps. RBOB_squarepants
+4 Insane gmat, great experiences. You should be good for most programs Louislegrand9
+4 reformedPrivateTechquity 🚀🚀🚀 PrivateTechquity 🚀🚀🚀
+4 It's UK lol, so cooked with DEI and all that woke shit on steroid.  Quant in HF - Other
+4 Title is wrong obv - I founded a holdco with an industry roll-up strategy a few yrs back. Intern in IB - Cov
+4 Ranking is done during voting season (June/July) via Extel (known as I.I.) You get ranked within your sector, some only have one section while others have 2-3 sectors that they get ranked in. spudrmonke
+4 obvious database shill, you have skin in the game because of your shitty paid platform Incoming Analyst in IB - Gen
+4 Final thoughts; One useful way to think about AI readiness is through the lens of physical infrastructure. Ferris Bueller
+4 that would actually be a good move. you gonna end up with her on calls anyway, might as well impress her by calling her first. Kevin25
+4 You're in the UK so nobody cares about which subject you study. Warwick and UCL are globally two comparable unis, and none will give you an exponential edge vs the other. Incoming Analyst in IB-M&A
+4 In fairness to OP, they’re not saying you don’t have to work hard. They’re saying almost everyone in HF will work as hard as they can, making intelligence more relevant as something non-controllable. rustypigeon
+4 the 46th us president had a stutter, youll be fine stay confident  Associate 2 in IB-M&A
+4 Non-CFA here, contemplated but decided not to pursue. xwavzevwaewnsfdmvg
+4 I tend to agree with this. Associate 1 in PE - LBOs
+4 Pretty hard to get in, especially as a freshman, but very doable if you can catch up to the sophomores who you'd be competing against. Analyst 1 in IB-M&A
+4 Below market comp Associate 2 in PE - LBOs
+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 Just want to say it’s absurd that professionals out of college working in one of the most “elite” sectors can’t afford to live solo without major compromises. Works at Goldman Sachs
+4 Very tough situation and hope the best for you and your family. Amazon Prime
+4 This aged well. Have fun in Venezuela! Mike_wacczowski76
+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 Rounding to 3.8 likely wouldn’t hurt. In my experience: anonymizeplease
+4 Considering OP is probably asking regarding analyst positions, would disagree and say that comp anecdotally is higher at BofA and stronger exit opps at BofA -> PE vs. Citi cms501
+4 Their process traditinoally runs behind most other banks (sometimes up to a month after). For SA '26 and '25, they did first rounds + superdays in March/April. cms501
+4 My contribution to this topic is as follows - when you negotiate your comp, yes you want carry but what you REALLY want is a slice of the devco fees. brosephstalin
+4 Aside from the risks and the loss of 2 years of productivity, there's the fact that you woudn't be 6'3 the way a normal tall guy is 6'3. Dr. Rahma Dikhinmahas
+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 You don’t need to transfer. In fact I’d suggest against it. I’m at a non target as well and just wrapped up SA27 recruiting. Landed at CVP/GS/EVR. kevinwarsh08
+4 Yeah but finance isn’t software engineering. I could teach an 18 year old high school grad how to do a job in IB or PE.  Associate 3 in PE - LBOs
+4 She’s not letting you hit bro. Get the fuck out of my comments. The user made a comment, I responded honestly. rolo25
+4 For one, the only weekend protection is Friday 6 PM to noon Saturday. There's a "protected holiday" system but that too can get busted with group head approval. Associate 1 in IB - Cov
+4 Sure. Look at US Steel. (Deal is closed now, but ticker was X) December 2023. Price is trickling up before gapping overnight to $50ish if my memory is correct. PeterEater
+4 We'll definitely be able to help you without more context! Intern in IB - Cov
+4 Pretty obvious who the best one to work with is Managing Director in IB-M&A
+4 Personally I would always go with the personal fit when the gap is this small. To be considered here, is the trajectory. You wanna exit to PE? Maybe Bofa. You want to be a career banker? Definitely Citi. afdhfg
+4 Not to sound like an ass but if you’re as chopped as you say you are (to the point of needing an entire facial reconstruction) - don’t you think it’d be hard to land a front office seat? liquidiot
+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 so true! i was a FGLI student who got into an Ivy with no undergrad business via Questbridge. Analyst 1 in IB - Gen
+4 A few questions for you: kuf135
+4 Do you need to know how to code? As a new grad who doesnt yet have a job, yes absolutely. FoxMulder
+4 did not know penn state knew ball like that Intern in IB - Gen
+4 This probably just means the job isn't for you long-term. Principal in PE - LBOs
+4 methinks you know nothing about the south if you think nyc cool translates to southern cool, but will let you find that one out the hard way. Associate 2 in PE - LBOs
+4 Not sure I'd want to be in FIG given mid-tier exits and top tier sweatiness/hours relative to the rest of UBS tbh. FIG/HC are both really decent only in certain verticals. Analyst 1 in IB - Gen
+4 It’s not like I’m adding value on the LP side… the GPs call all the shots while I sit in a cuck chair and watch. At what point would I get to be the relationships guy and source new business? captaincook22
+4 Tech should be axed (though not uniquely so; every UBS coverage group this year, except maybe CR, has been terrible), but it's probably the least likely to get axed, given that it's one of the few groups with more MD hires Analyst 1 in IB - Gen
+4 UNC had multiple RX and buyside placements Analyst 1 in IB - Gen
+4 For sure. A certain percent of people work at UBS because its a lifestyle bank historically. They are trying to get these people out without severance payments. Analyst 1 in IB - Gen
+4 I mean this is kinda accurate, BBs much more dei prone just by the manner in which they select candidates. Tend to select people that can talk a lot but don’t actually know a lot Intern in IB - Gen
+4 It’s wild how people will stay for a paycheck they need to survive in a socialist HCOL city Xhamster02