+3 Baypine has deployed very slowly since closing in 2022 (6 portco's), which puts a lot of pressure on timing unless each investment is a home run. Associate 1 in PE - LBOs
+3 Kind of getting sick of this stigma. I see where you’re coming from but I’ve seen way more autonomy on the sell side than buy side. I’ve been in the institutional and private capital side of brokerage. IRR you ready to rumble
+3 3 things:  marketMergerMaddie
+3 Don't want to doxx myself, but I can confirm based on speaking to associates at my current firm and getting the target #s from the fund that the pay cut is around that range. srzjmy
+3 It may not be a guaranteed entry ticket, but the commodity trading industry is so niche in a way that shipping is perhaps the 2nd best thing you could do (after commodities themselves) to steer your CV towards it. thelad
+3 Yeah, happy to help. You will have a 1st round, 2nd round, and in person Superday which will last 4 hours. Intern in IB - Cov
+3 Congrats on JPM Hirevue! Prospect in IB - Cov
+3 Anonymous Monkey: GoodAsGoldman GoodAsGoldman
+3 The comments here are brutal, but it’s true. Can you move MBA > IB > PE? Sure, it’s technically possible. Does it happen much? No.  alphachaser_8794
+3 Full time BB position 100%. I’m at one now as a senior associate doing balance sheet lending and I’ve seen many analysts leave for the buyside throughout the years. Associate 1 in RE - Comm
+3 Minor feedback. Associate 3 in HF - Other
+3 WF has a Potluck Casserole Tote Analyst 3+ in IB - Cov
+3 Isaiah_53_5 💎🙌💎🙌💎: Networking [email protected]
+3 Corporate Banking and Equity Research are on two very different ranges of work. Equity research is much more focused on two things; next twelve months outlook (NTM) and what does the next 3-5 years look like. spudrmonke
+3 Indians routinely shorten their names to make them easier to pronounce for westerners. Chinese people pick western names (and amusingly, often names that were in fashion decades ago.)  IsItREPE
+3 Time to freak the fuck out Analyst 1 in IB-M&A
+3 RBC has a strong LevFin group. No they are not JPM and leading the mega LBOs. They are one of the strongest players in middle market / UMM LevFin and you will likely get as good experience there as any other LevFin shop. VP in IB - Gen
+3 A&M / Alix etc typically don't hire MDs or equivalent (most senior position) externally, same with quite a few other firms. Typically the startup firms are the ones that hire for super senior positions externally. Associate 3 in PE - LBOs
+3 Yeah sorry bro they’re definitely all talking about you in the bullpen  Anon1269
+3 Let this be a lesson: NEVER be the drunkest one in the room Also are you a girl? This type of behavior is far more excusable if you’re a woman Captain Expenditure
+3 Yeah i would think a reasonable bonus floor for 2027 similar to your last bonus year in comp. This is just to compensate you for your ramp up time and non compete period. Analyst 3+ in HF - EquityHedge
+3 JP loves their Europeans. It’s why it’s a pretty miserable place to work. I like Oxbridge PPE’s, hardo LSE and Warwick internationals and the occasional St Andrews nepo baby for the London office. Good mix. Managing Director in IB-M&A
+3 Wow, seems the program had its glory days! These days, it would be privilege for VI grad to land a job at $1-3bn fund. Most of classmate goes to $100m-$500m single manager fund and those are considered decent seat. Investment Analyst in AM - Equities
+3 This is through the grapevine, so take it with a grain of salt, but founder, Charles Brindell, sold all/a big chunk of his equity stake in Mill Creek. RE Associate 1
+3 IRR you ready to rumble(transgender in sports oh no!)  CRE
+3 I think I did say debt would be a good spot. Post was geared for entry level people. Senior VP in RE - Comm
+3 Hmmm, I would say breaking into a German office vs. NA office is a night and day difference in terms of difficulty though. Anonymous Monkey
+3 Think I’m gonna keep taking my NyQuil on that one Analyst 1 in IB-M&A
+3 why dont u do it and let us know lol Prospect in IB - Gen
+3 From my understanding deal size plays a big portion. In the sense that LMM deals are less modeling intensive, less complex, more owner-operated, less streamlined internally. Gold-ManSacks
+3 I assumed software PE fundraising as a whole was going terribly as well, but took a closer look and not sure that's true. Hg is already at $30bn across three funds for their current raise as per PENews reporting. Analyst 1 in IB - Gen
+3 Citi coverage A2 Base: $200k Bonus: $180k (20% deferred) Total comp: $380k Analyst 2 in IB - Cov
+3 I did my SA at hl/Lincoln valuations and agree this is one of the easiest entrance points. Recruited FT and landed at an IB better than my own banks ib so can’t say it didn’t work out. Analyst 1 in IB - Cov
+3 burner18363737728IMO a MBA from a non HYPSW isn’t worth the opportunity cost, you’d be better off just working. Investment Analyst in HF - Other
+3 readthe10kUCTreeHuggerreadthe10k IsItREPE
+3 If you get rid of junior bankers, who will ever become senior bankers?  CRE
+3 Wanting to globalize the intifada is antisemitic Supporting Hamas, who wants to exterminate all Jews worldwide as stated in their founding charter, is antisemitic doobeedoobeedoo
+3 10000% worth it. Assist. VP in PE - LBOs
+3 Great questions. Not entirely "fluent" in the O&G world but have acquaintances in that sector. London O&G in IB is going to be much more generalist than Houston. 8'Banana_Stacker'2
+3 I mean this thread doesn’t even make sense, “being rich” is always relative. Relative to the rest of the globe, the typical American IS much richer, as they benefitted from the economic miracle you cite. KR8000
+3 Thanks, man - appreciate the perspective here.  Analyst 3+ in IB - Cov
+3 As the saying goes, don’t shit where you eat… unless you like eating ass. If you truly think this woman (or man) could be the parent to your kids, go for it. BayStreetBarbell
+3 Holy shit who needs enemies you have this comment section. If anyone here genuinely believes you should take RJ over GS you are retarded and would likely fit in well there. Take GS and don’t look back. Analyst 2 in IB - Cov
+3 Wells being below half of the mms is wild lol Intern in IB - Gen
+3 Seriously dude? You trying to get in on the process 😂 Associate 2 in PE - LBOs
+3 At 500 votes I will disclose the bank followed by the city at 750, and finally, initials of both MD and Beckie at 1000 votes.  Analyst 1 in IB-M&A
+3 lol did you fire bomb me with MS after this? The MS wasn’t me. Is it stupid? No. You learn a lot in associate years regardless of sector. Need two years to absorb stuff beyond PE modeling / tackling. VP in PE - LBOs
+3 If you're at a top group like Moelis LA / MS Menlo / GS SF TMT, then you'll have no trouble at all getting looks at top NY PE shops, though there could be logistical difficulties with regards to interviewing.  VP in PE - LBOs
+3 Aleksey was cultured. He could bench, dance, speak a few languages, knew martial arts, played tennis, and more...RIP Isaiah_53_5 💎🙌💎🙌💎
+3 I did my masters at MIT/Harvard with 5 years of experience. The masters isn’t helping in this market. Go do internships - doesn’t matter where and what asset class. Associate 1 in RE - Comm
+3 You are in luck my friend, I work for Nigerian Prince who would be very interested in investing. Determined
+3 You only have one life brother. This job is meaningless compared to what family is. There is nothing more important than the people in your life. Prospect in IB - 5th Year
+3 Not BlueOwl but Private Credit: LeBamboo
+3 . Associate 1 in PE - LBOs
+3 I've actually never gotten a job through a headhunter. Every role I've landed has come through either a direct application or my own network, and that's been true over multiple years of recruiting. Associate 1 in PE - LBOs
+3 congrats on aid as an international - that’s awesome. Vandy’s a great school and the brand name can take you very far in the South. When it comes to NYC, there is a large but nevertheless very tight-knit alumni community. recreational.ears
+3 This is how I realize how people on this forum are brainwashed. Incoming Analyst in IB-M&A
+3 Get married and have a child. You’ll start caring jo_x11
+3 It's enforced in my group. Saturdays are not formally protected like other banks, but seniors lately have been discouraging Saturday work unless really needed like for a live deal Associate 1 in IB - Cov
+3 JamieDimonkey: Analyst 1 in IB-M&A
+3 Works at Other odog @digitalimmortality.com
+3 Jefferies is one of the most toxic banks on the street and still pays terrible. Exits are also noticeably worse than BoFA just given reputational difference. Associate 1 in PE - LBOs
+3 Listen to the wso bot and let it guide you. It’s not like all it does is regurgitate excerpt what you said with more verbose and long winded sentences. Smoke Frog
+3 IC memos and lender updates are not going to write themselves. They are very basic and dry compared to the graphic design side of IB just due to the context. VP in PE - LBOs
+3 Golden answer, I think this should be pinned or equivalent.  I'd add as well that BIWS can sometimes go too far but it's good for at the more advanced stuff.  Prospect in IB - Gen
+3 Tesco voucher thing is actually like a pseudo-joke. You get a £3 daily credit to your name to use in the cafe/vending machines haha. Tbf think it is a very small but nice gesture. Edit: spelling stayfrosty1337
+3 Most expensive country clubs have excellent food.  I'm sure a lot of random ass places have awful buffets, but you also aren't spending an arm and a leg to be a member there. Ozymandia
+3 i dont think so, im working at a "shittier" mm bank for S&T and one of the desks I rotated on the last 3 people quit for citadel, citadel, and millenium. meanwhile all the alum I know at GS etc. all had shit exits. Incoming Analyst in S&T - Equities
+3 I pay basically 45% in taxes. That goes to helping the poor and paying cops and fireman and utility workers. How much more should we give? Half the shot we earn we give back to society. Smoke Frog
+3 Would be cautious personally. They seem to have some decent exposure to clean energy / energy transition, but from what I’ve heard the platform is pretty small and deal flow can be quite inconsistent. porcorocco
+3 I personally think it depends on what shop you’re at. My VP friends at the top tier banks get absolutely cranked because they’re constantly leading multiple processes simultaneously, so there’s no off switch. RBOB_squarepants
+3 Thank you for the input. Resonate with absolutely everything you mentioned and most definitely taking a break from recruiting. Associate 1 in IB-M&A
+3 Sitting in the same boat as you rn. But here are some things that I've been doing. bangbangchicken
+3 Cornell is a pretty big school with people from all over the world. Don’t think you should feel very isolated. Associate 2 in PE - Other
+3 Absolutely do not do JPM Small Cap. You got two giant issues if you take that route. Number One: it is a brand new group that overlaps with their existing middle market IB team. Associate 3 in PE - LBOs
+3 I don’t know why but people hate the idea of paying for school. Is it really any different from buying a nice car/watch/home or paying for a nice vacation? Associate 2 in PE - Other
+3 In this market? You'd be absolutely insane not to take a BB lending role. If it's Wells? Doubly so, as they're the biggest CRE lender out there. Prospect in RE - Comm
+3 This made me lol. Wisdom from Tokat isnt going to help you clear an analyst super day bro. TheBig3.5
+3 Roommate was at BofA in one of the TMT/HC groups you mentioned. A lot of it is self-selection. He saw a wide range of UMM looks and even some MF opportunities from headhunters, ending up at a UMM. Associate 1 in PE - LBOs
+3 Silver Lake is not cooked. LP's will continue to give them capital. Everyone knows the ZIRP-era was a terrible time to buy businesses in software. Associate 1 in PE - LBOs
+3 Insurance coverage at UBS FIG in the US is very thin. Prior CS bankers that were strong in the space left and the franchise has essentially been non existent since. Analyst 2 in IB - Cov
+3 It was a series of pitches over Zoom by a bunch of college kids that were bad/missing detail (in part due to them being limited to using Perplexity as a marketing stunt), made humorous by multiple founders/legends from top PrivateTechquity 🚀🚀🚀
+3 UConn is not a target, but it is also very clearly not some random school with zero path. If people are placing into BBs, EBs, and strong MMs out of there, then the blueprint exists. Analyst 1 in IB-M&A
+3 For hedge funds in Europe you absolutely need to target london, and for London there's only a handful of masters worth doing. Oxford, Cambridge get the best chances at it. Goj5979
+3 HBS/GSB are in a class of their own for PE opportunities, with Wharton being a step down but still head and shoulders above the rest. Associate 2 in IB-M&A
+3 you have to best position yourself for interviews (dates) and then convert them into offers (getting play) - telling them you're in investment banking definitely helps but you have to bring it up in a way that you don't co bulgebracketmonkeyintern
+3 HFPM15 PM in HF - Event
+3 I’d agree with above poster that going back to IB shouldn’t be last resort, but it shouldn’t be top 2 or 3 options. Analyst 3+ in IB - Cov
+3 Fewer junior roles, PMs probably not affected other than having better tools for running the book and ramping on new stocks/building models (so by definition those PMs who hire an analyst out of IB for the sole purpose of Analyst 1 in HF - EquityHedge
+3 IU kids don’t go HF/are too stupid to get as many offers as this guy here Intern in PE - LBOs
+3 Think you’re being way too myopic and bearish EastVillageMerchant
+3 Banks are in the process of rolling over new tools like Copilot, Rogo, or Mozaic, so I think from now on the lateral market will stay permanently weak. Associate 3 in IB-M&A
+3 Wyatt67True but 14 recommendations from members even if you know 1 person how on earth do u get 14 recs?! CRE
+3 I try to spend less than I make  CRE
+3 I have been on it for almost a decade and absolutely 0 side effects. Have several friends I've put on to it over the years, also 0 side effects. wb99
+3 No but they're not the party of "lemme make everything "free" (paid for by govt), tax the shit out of you, and let in every 3rd worlder with a sob story" party and that's enough to build a coalition these days.  Warren Icahn
+3 Sucks for nyc. Xhamster02
+3 If you’re in it for the long haul you should optimize for the stronger platform that has the infrastructure in place to train VPs. If you can push for As2 vs As1 at the top MM shop that seems like the best route. Associate 1 in PE - Growth
+3 Yes, lifestyle is much better in terms of no longer being tied to your computer to make excel, PPT and PDF changes. VP in IB - Cov
+3 Most women don’t even know what “finance” really is, forget investment banking. They hear banking and think of the respective branches… KageSelly