+3 when i was still in ib i sometimes had to work with the middle market team at bank of america. they probably have the largest % of unqualified and incompetent bankers on the street of any group. yes, including UBS too. Analyst 3+ in Private Credit
+3 I’d give the Pharmagellen biotech guide books a read “guide to analyzing biotech clinical trials” and “guide to biotech forecasting and valuation” as they are pretty solid. Analyst 2 in IB - Cov
+3 Interviewed with them before, but dropped out of the process. My impression was that it's the ultimate middle of the road MM/UMM fund. Analyst 1 in IB - Gen
+3 This is an AI comment. lol, well played. SOFRsoGood
+3 My understanding from anyone I have ever dealt with in the pod shops / public markets investing is that if you are even asking about a base salary, you may be knocking on the wrong door. Hags28
+3 This was one of my concerns, been doing some research and are you sure this is still true? Analyst 1 in IB - Gen
+3 London is here to stay, frankly speaking, regardless of what anyone might have to say about the rest of Europe. There are plenty of people who only studied at Bocconi and ESCP who work front office in London.  tenthbox
+3 UBS > DB LOL VP in IB - Cov
+3 wsobaby: Why this statement cannot apply to men? Are you saying that most male investors cannot be a father and having a great family?  dcn_blus
+3 Decent if you are gay.  tryyuav
+3 Bruh you’re forgetting that returns have also been absolutely booty Associate 2 in PE - LBOs
+3 So accounting for a calculated weighted average of the entire global population - I don't understand what you mean by a weighted average if everyone's view counts as 'one' but basically your question then is what com setarcos
+3 Once again I arrive to impart wisdom to you kids. “You know the guy from pretty woman? I do that” You’re welcome SOFRsoGood
+3 Historically, all of these programs have had respectable IB placements. David White
+3 Definitely do NOT listen to those saying “I go/went to Cornell but Don’t go, yourself!” Why did they stay/graduate at/from Cornell if they hate/d it? sekenaamin
+3 I'm an incoming AN1 at a similar age to yours (>25) and there was this question lingering over my head as to whether I'm too old for the job etc.  Prospect in IB - Gen
+3 Update: I've accepted a corporate IR role at a local firm. I feel content leaving ER...no money...no future. miserytigerzfan2022
+3 Its been very helpful to me, I'd recommend. It seriously rewired how I think about the space and I picked up some useful frameworks. You still need to put in the reps on interviews and cases if you are in SS ER or IB. Analyst 2 in IB-M&A
+3 Why would that  level  of  detailed information be on a website for everyone to see? Would be serving up the top guys to Dmitry and Izzy. Use your brain man  Analyst 1 in AM - Equities
+3 VP1 to VP2 $250 base, $270 bonus $520 TC 30% bonus is equity Base bump to $275 VP in IB - Gen
+3 ChatGPT Thessalonians_5-16-18
+3 WITCH firms have a habit of giving long-term employees promotions over the more qualified candidates. Business School in CorpStrat
+3 It will be tricky leveraging the school you will BE attending since the bulk of your education will have come from community college. That being said a good brand name plus alumni connections will serve you well. Intern in IB- Mergers and Acquisitions
+3 I come from a military family, with a grandfather, father, and brother who went the officer route. I decided to go private sector. My advice is more general though: you should focus on what you actually want to do. johnny-mnemonic
+3 Anecdotally had a friend last year who was choosing between WF and Jef and took Jef, even though the Wells 5k signing bonus made him think lol. Intern in IB - Gen
+3 I don't view any of the three firms you listed as particularly strong healthcare investment platforms but they have all successfully created an aura over the years and sometimes, that's enough.  Moonshallow
+3 Not critical all the time, but credit is naturally mean reverting. You either refi and get par, or you default/restructure. Managing Director in HF - Other
+3 The first step is to stop prestige whoring based on what you see on this online zoo, and to find a team at a decent bank that fits the person you are. Analyst 2 in IB-M&A
+3 I’ve commented further on this topic before, but having joint accounts is a good way to go: to manage emergency fund, big purchase savings buckets, household expenses, joint travel, home repair, child, insurance, groceries Horatio Horatio
+3 I wouldn’t choose UBS for a 2 year analyst program you won’t get a live deal unless you are one nepo WASP hire Analyst 2 in IB - Cov
+3 Invest in yourself. If an apt with more space and amenities in a fire location will make you happier and healthier and enable you to pursue a long term career making a boat load of money, do it. Associate 2 in IB - Restr
+3 it’s just not easy to deploy that much capital especially when credit market spreads are this tight. Managing Director in HF - Other
+3 Dawson partners lmfao if you willingly accept an offer there you might genuinely have brain damage VP in PE - LBOs
+3 Does a bear shit in the woods? Intern in IB - Cov
+3 I wouldn’t frame it as “certifications are replacing degrees.” It’s more that the hiring signal is getting split into three pieces: degree, cert, and proof of work. Ex-consultant in Tech
+3 DEI Becky spotted. As usual equating freeloading under the disguise of gender with nepotism. As if women don’t benefit from nepotism.  Principal in IB-M&A
+3 A+ has worse bonuses than D. Works at Bank of America Merrill Lynch
+3 You should get something you’re excited to wear, but also comfortable wearing regularly. I have a ton of watches, some expensive and some super cheap. It wouldn’t kill me financially to lose or break any of them, though. johnny-mnemonic
+3 No, it's significantly different. As you go earlier and earlier stage, you do less and less diligence. Private equity diligences everything under the sun. Analyst 1 in IB-M&A
+3 Starting this early in the UK is a real advantage — most people don't get serious until university. A few things that will actually matter by the time you're recruiting: Alpha Stack
+3 Highly accurate  Pulisic69
+3 "How does UT Econ and other state schools placement compare to NYU Econ" jl12
+3 NYC MF - unlimited dinner stipend, catered lunch every day. Can buy lunch (no specified limit) if the catering runs out. Analyst 2 in IB-M&A
+3 Uh what? Associate 2 in PE - Other
+3 In your mind, who are the PMs writing and presenting to? MMPM
+3 is this real? wow Associate 2 in IB - Cov
+3 Congrats on brown! Analyst 2 in IB-M&A
+3 This is awesome - it’s like the perfect distilled example of AI struggles with analysis that requires context (so far i guess, who knows what’ll happen). Associate 2 in IB-M&A
+3 I’m on the other side of the pond and have literally been dying to find out about this. Also at EB. Analyst 2 in IB - Cov
+3 I'll offer more general advice, as others have offered more tailored answers. VP in Consulting
+3 On the analyst level, it's about double the hours for double the pay of a regular job (and sometimes less than double if you're comparing it to certain platforms like Capital One's college grad program), but the learning i Manager in CorpStrat
+3 Have worked both institutional and for smaller developers. I would very strongly think about if you really have the gumption to go off on your own and develop projects. terra879
+3 RX Consultants - focus on operational side of the business; how do we think about cost structure, opex stuff, business level details Ibfeen1512
+3 Still a student so feel free to disagree. Consultant in Consulting
+3 Don’t slander Arby’s like that  Associate 1 in IB - Cov
+3 I don't go to stern and I don't particularly like the people but if being second to only Wharton in raw volume and placing 200/300 interested kids is semi-target idk what to say. Prospect in IB-M&A
+3 As explained earlier, prime beneficiaries of Gender DEI are white women even though that is not marketed by banks but stats prove that. VP in IB - Cov
+3 MS and it’s not even close  Associate 2 in IB-M&A
+3 Makes sense, the group is bloated. I would expect ~50% return rate this summer bank wide. Analyst 2 in IB - Cov
+3 If you got the interview, trust me you were in the running. Seems like you're doing fine and just need to continue networking and getting more interviews. VP in PE - LBOs
+3 I think the biggest problem is kids (i am a fellow one at 23) looking into companies that are hard to understand and thinking too much about themselves in the analysis. Research Associate in AM - FI
+3 stern not on par this year nontargetkidatunc
+3 Entitlement is crazy… first worry on staying on as associate vs vp which is more than 6 years down the road. Associate 1 in PE - LBOs
+3 Only you would really know, but if you have six months of experience, I cannot imagine that that is enough to actually have settled in and carved out a truly meaningful spot.  How do you really feel like it’s going? oil_quant
+3 Is the PortCo role an official secondment with a defined return timeline back to your MF? Associate 3 in PE - LBOs
+3 Good write up but wtf is a lower tier MF lmao. Why are you both hyping yourself up and selling yourself short in one go  Associate 1 in PE - LBOs
+3 You should brush up for sure EastVillageMerchant
+3 These are the two (inarguably) best IB platforms. Ultimately if interests lie in technology, Qatalyst is the move. For everything else, Centerview is. VP in IB - Gen
+3 LOL. Do you have any idea how many times I have read Oil will be gone by X date?  Dude people were predicting the end of Oil in the 1970's, 1990's, 2000's, 2010's, 2020's, 2030's, etc. etc. PEarbitrage
+3 They are definitely doing well, and the benefits are excellent. CRESF
+3 am involved in analyst recruiting. you need to make sure you know your deals and story well in addition to technicals. Alot is about team fit too that you have to keep in mind. Associate 1 in IB-M&A
+3 Hedge fund-of-funds: Business core. Burke
+3 Current An2 at WF — I will just say: we are paid very well. Hours are great across firm (for the most part). Best of it all, though, is the culture. Some of the other analysts are also my best friends outside the office. Associate 2 in IB - Gen
+3 Congrats on UBS! Analyst 1 in IB - Cov
+3 Similar experience as others in this thread for a role with Public Storage in their north Dallas office. Multiple virtual rounds and an in person interview. Anonymous Monkey
+3 I have two friends that work there. The analysts get paid a bit higher than other EBs / on par with Centerview. The pay get significantly better than other EBs at the associate level and above. Analyst 2 in IB - Cov
+3 You are a junior, do not buy into the pigeonholing narrative. Especially in current times careers are far more fluid than they used to be. Very few people stay locked into one path their whole career anymore. agupta256916
+3 would you do HF even if u knew that after 5 years you're thrown to the streets after losing your job 3 times prior because the pods you worked at closed?  GS under Blankfein
+3 No one in London eats beans here lol so get tf out of tiktok America I guess. Also once you step out of America you'd realise only Americans are the epitome of consumerism. brtfedd1312
+3 The ability to sell yourself is one of the greatest skills one can have imo. Investment Analyst in HF - Event
+3 shittest place ever  motsreeet
+3 I throughly enjoyed watching these two virgin sophomores in college doing this. Analyst 1 in IB - Gen
+3 I’m shocked that considering all the culture shit on posts anyone here is recommending BofA. Do people really think you are better positioned for the buy side from BoFA vs. Citi? ky9xnsz
+3 UF alum, can speak to this, the gators absolutely crushed it with placements this year. 3 GS, 5 EVR, and even some pretty good buy side placements, as well as a vast majority of the solid MM banks. Analyst0910
+3 Answering both of the above. Research Analyst in AM - Equities
+3 What great options these are. liquidiot
+3 A couple of good ones I’ve worked with: Barclays, Goldman, Morgan Stanley, Citi, Moelis, Evercore, RBC, CIBC. There are also some of the smaller guys like PEI Global and Marathon Capital. Green Zeus
+3 The only diversity that matters is socioeconomic diversity (read: giving poor people who deserve the job more access) and diversity of thought. Associate 2 in IB - CB
+3 I don’t think you’re asking the right question. What you want to know is whether the grind is worth it, and if you can actually make real money in real estate. patrick_bateman_
+3 I don't think this fella should be in this forum lmao. Should be out raising money to feed the inferno.  mgw19
+3 For context on why this is important, you learn very little at a VC where you're exclusively following on in rounds. PE-biz-dev
+3 moneymaker03Gonna go ahead and assume you are a woman based of the style johnwestonbrook
+3 Really interesting perspective. sp1313
+3 Most of our young folk are entirely indoctrinated by the pseudo-marxist education system and don't really unfuck their brains until 24/25. Associate 1 in VC
+3 MMs have more strategies so the diversification leads to lower volatility (and usually higher sharpe). They need to lever up to meet the volatility that clients are expecting. PM in HF - Other
+3 It all depends what you can handle and excel at.  KR8000
+3 Just kill him. Life’s too short to put up with nonsense. Make his shorter.  IsItREPE
+3 @jon B: He was saying he lost $400M of his OWN money, i.e. he had real skin in the game. Obviously from the outside it's hard to vet that statement. hitsamty
+3 East Asian male here - stuff like this makes people take real systematic issues less seriously. MnIGuy
+3 what did you pick ubs over? Incoming Analyst in IB - Restr