+3 Northwestern’s finance presence has massively grown over the last 5/10 years really through the creation of IBC. heyeh
+3 You are likely qualified enough for a junior analyst role at any of the MM platforms in London at this point so if you’re interested in making the move to a hedge fund, I would not think that this is the only opportunity. NA in IB-M&A
+3 It depends on deal flow of the bank. If less reputable is because of deal flow (i.e. likely DB or a Santander etc.) then yes. But it’s entirely group dependent. Monaco Man
+3 del stanmiller
+3 what did you pick ubs over? Incoming Analyst in IB - Restr
+3 JamieDimonkey: Analyst 1 in IB-M&A
+3 Usually the restructuring groups at banks are great training grounds for understanding the various players and incentives involved, cap structures and initial screens of businesses. tiger_rawring
+3 . Associate 1 in PE - LBOs
+3 Wow what a scum Associate 2 in IB - Cov
+3 FA - company financials, ratios, etc GP - price graph DDIS - debt profile (bonds, RC, TLs) CN - company news, very helpful for cap markets activities iykyk Intern in IB - Gen
+3 Studying theology, and worshipping the only one true god. One must understand what/whom you believe in, not because you were born into a specific belief system. All praise is due to god. nowwhatdoido
+3 This feels like way too broad a generalization, and some of the views particularly the payment / analytical apps point is just wrong. Associate 1 in PE - LBOs
+3 To address one of the supplementary points you make, I can take a pass at the increase in nervousness. Have you ever seen, or heard of Free Solo, a documentary about Alex Honold? Deal Team Six
+3 jackzebra
+3 I would agree. I think of 100 guys and gals that start out as PE Associates, maybe 10 make partner? Deal Team Six
+3 For the last couple of years the general consensus has been that LBS's cohort for programs such as MFA and MIM scaled too much and therefore the candidate quality is not as strong as it was before, resulting in a drop at n Lorderic
+3 Analyst 1 in IB - Gen Associate 1 in PE - Other
+3 The higher overlap roles are most likely for desk analysts / research roles, where modeling and valuation can directly translate from skills perspective, from a transaction standpoint if you join syndicate or cap markets f Trader in AM - Other
+3 How about credit? Analyst 1 in IB - Gen
+3 50% at RBC in Toronto Anonymous Monkey
+3 No shame in trying to soul search via cold messaging on LinkedIn but be careful not to target firms you're too interested in. Business School in CorpStrat
+3 The market is tough out there, I wouldn't wait to start applying, it's very unlikely you'll be able to time it the way you want. I'd start applying and networking asap. jarstar1
+3 Stfu there is no “on cycle” in real estate. 90% of hiring is done on an ad hoc basis Associate 1 in RE - Other
+3 I would strongly push back on the notion that PE is the safer bet if you need to actually monetarily support people outside of your direct household. KR8000
+3 They’re probably out there working hard to raise round 2 and round 3 of pref equity. Developer in RE - Comm
+3 Not sure if my comment got removed or I never posted it  But upshot is that sixth street falls squarely in the cohort I was talking about above  Monkey.D.
+3 Male junior investment bankers effectively get paid much less than their female counterparts. Analyst 2 in IB - Cov
+3 If there is a team to join at DB it is without doubt LevFin but Industrials, though historically has been its legacy and strongest M&A team, TMT is now DB's M&A machine.  Analyst 2 in IB-M&A
+3 HK is becoming more school agnostic so as long as you're not from a random polytechnic school then you're good, at least if you're from Warwick or even Durham you still stand a good chance of recruiting in HK. brtfedd1312
+3 I guess they want their $400 million private jet back now Soros_
+3 Agree on seeing a lot more posts about RX consulting over the past 12-16 months. I'm at a smaller restructuring consulting shop, and the monthly networking requests have almost quintupled, and I'm not exaggerating. VP in Consulting
+3 I've worked in both London and UAE in FICC S&T then HF. I'm more junior than you but i'd be happy to discuss. Emerging Monkey EMBA
+3 Only a Cambridge grad would call it the #1 university in the world wtf 💀 Trader in PropTrad
+3 Barclays is fucking abysmal intern Associate 1 in IB-M&A
+3 Seems like you're doing all the right things. Personally I'd probably spend a lot more time networking than anything else. VP in PE - LBOs
+3 As much as the Jew has kept the sabbath, the sabbath has kept the Jew. Good shabbos newmonky
+3 Analyst 2 in IB-M&A TechBanking
+3 Who give link please Analyst 2 in IB - Restr
+3 Hey, so sorry to hear - I went to Cornell, which IS an Ivy League, and I had a similar situation happen to me. Analyst 1 in IB - Gen
+3 I second this sentiment. Was recently working with a recruiter, went through several interviews, met CEO and senior leadership, background check, checked references, discussed salary & equity I would accept. VanillaGorilla
+3 Hi, thanks for doing this!  Intern in HF - Other
+3 Focus on what you can control - producing good quality work in a reasonable timeframe, whilst being easy to work with. The_Fisher_Account
+3 Blue Owl, Golub, Antares, Audax, Oak Hill, Blackstone deas7
+3 Real estate for sure. For those saying crypto you have it all wrong. The people getting rich in crypto are retarded but they are not dumb.  Raijin
+3 Interned there last summer. Work is pretty chill - nothing too difficult, but team dependent I imagine. Smaller teams usually require more technical ability off the bat. Prospect in IB-M&A
+3 How many STIs contracted? Analyst 1 in IB-M&A
+3 I've been saying this for a while now. PE, and particularly REPE, is dying. Real estate is a mature industry and has fully recovered from the GFC and covid. BuySideIntern
+3 Would also add Peanut Tree and Hazelnut Tree to your list, top tier funds Associate 2 in PE - LBOs
+3 This is false. Don’t want to glaze WF but if your goal is being at a bank with a large cap presence, WF is one of the best places to be. Director in IB - Gen
+3 spam hard, cry harder, win in the end WeezyWizzard
+3 Hugh is exceptionally good at picking up scraps from deals BMO and NBF don’t take on. Has a talent for thinking of ideas other banks are already mandated on.  SniffinPanties
+3 Ur probably at Harvard because thats the only school where complex analysis and econometrics would be considered hard. Yale and Columbia are easy schools as well. no_home_jerome
+3 For a view on how someone from PC would view this I defer to Associate 1 who gave a pretty good writeup. Looking at it from a different POV, I would caution against being interested in RX co purely for the pay. Analyst 1 in HF - Macro
+3 IME, "DEI" candidates almost always have to work harder to get promoted. usernameladiesman217
+3 Can’t comment on the above, as not in the US. Biased, but my impression is that HL does very well internationally. Huge mandates in Europe and Asia eg Chinese RE, Ardagh, Altice (France and International). Analyst 1 in IB - Restr
+3 Interview process is vague to nonexistant at Thrive and they never hire. Greenoaks likes ex bankers / PE and seems to have disproportionate from UChicago and BX. Associate 2 in PE - LBOs
+3 The human nervous system works in 2 ways: the SNS and PNS. SNS is your fight or flight. It's responsible for adrenaline and pushing you in stressful situations. usernameladiesman217
+3 I honestly think this is even understating it. There were people with no real estate experience getting hired into acquisitions roles at sizable firms. Associate 2 in PE - Other
+3 here here, agreed. I got tired of the bs and moved to a farm  anonymnous
+3 Macquarie AnInvestmentBanker
+3 I agree but that's not the question though... the question is whether you need a certain pedigree to be even considered for one of these seats.  now a days I think not except a handful of your legacy tiger cub seats. Investment Analyst in HF - Event
+3 I will be the first to say this as I don't think many others will be real with you - I think you need to open yourself up to other roles in strategic finance/corp dev etc.  Associate 2 in PE - LBOs
+3 Margin Call is probably the most realistic movie as it pertains to the ethical/unethical side of finance, and I think a pretty realistic depiction of the rationale of banks, albeit in an unrealistic time window(The events Substack_Guy
+3 What are you referring to when you say private credit? Direct lending, opportunistic/distressed, etc.. Intern in IB - Cov
+3 Associates have definitely declined, but not all their fault. The associates now went to college during COVID and may have had their first roles be in remote or hybrid settings. StrategyJunkie
+3 Does it really matter ? Anything is kind of possible … figure out what YOU want and relentlessly pursue it , regardless of how likely it is or not to materialize  Associate 2 in PE - LBOs
+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 Aeris is awesomeee Associate 2 in PE - LBOs
+3 Solid roundup. One company I'd also add to the conversation is TechnBrains. johnmorris1
+3 I did the MIM at LBS, now in PE. northbound
+3 As everyone says, it’s highly competitive but the key is to (i) start early, apply to all the spring weeks and put in the shift early while the rest of your mates are just outright enjoying college (you can do both!). Associate 3 in PE - LBOs
+3 If you get rid of junior bankers, who will ever become senior bankers?  CRE
+3 I am US-based so I don't have any London-specific advice to give you. I have read elsewhere on this website that they mostly hire from IB though. ManOfCredit
+3 Don’t feel so guilty about spending money; you earned it. Analyst 1 in IB-M&A
+3 Not even. Bro hasn't even gotten through AP Calc ffs. Still a fucking sophomore Trader in HF - Other
+3 Not all companies have enough ways to deploy excess capital at an appropriate value-creating return. nutmegger189
+3 To be honest - I agree it’s not their job but it’s shit service what they’re doing. I really appreciate spec sales people that actually sit there and tell me their views on stuff. Analyst 3+ in HF - Other
+3 Firm should be transferring you to the Hyderabad India office where you belong.  No more h1bs in this country, go build up your own country so people don't want to flee it. Associate 2 in IB - Cov
+3 This is very common. GPs typically must “commit” to put a certain amount of their own capital into a fund alongside LPs. This fee-free investment is more typically referred to as co-invest. SaaSChimp
+3 I’ll ignore your fixation on IQ, since you’re essentially a kid. Principal in PE - LBOs
+3 Looking professional and being client presentable are basically two sides of the same coin. liquidiot
+3 what are you talking about kiddo? can you at least provide some examples? Jaded Rainmaker
+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 Easy answers would be Genstar, Veritas, NMC, GTCR, LGP. Don’t think anyone is underrating CD&R or H&F anymore Unpopular opinion, but overrated shops in THL, Lindsay Goldberg, BDT, Carlyle Analyst 1 in IB-M&A
+3 Julia Plotts Shit Post Analyst 1 in IB - Gen
+3 I mean some of those said MDs you can trace their posts back decades. It's not unreasonable. nutmegger189
+3 Anything is better than that stupid CapIQ Pro Excel plugin Analyst 1 in IB - Cov
+3 Nobody has heard anything apparently. We’re all fried let’s just all recruit for consulting and big 4 accounting. markov123
+3 Jokes aside very insightful post KageSelly
+3 Farage over here eurobanker288
+3 You should always max 401k / Roth unless you need the liquidity. PE-biz-dev
+3 This reads like rejected copy from The Onion’s Finance Section. CapitalKoala
+3 Your line of thinking is exactly why utilitarianism is often used by despots to justify horrific collective violence. johnny-mnemonic
+3 I think you need to separate the signal from the noise and talking points. KR8000
+3 Rewriting the 400 questions is good for the first pass, but that knowledge has a half-life of about two weeks if you don't apply it. You are learning to pass a quiz, not to do the job. munky293
+3 man it's been two months lol Intern in IB-M&A
+3 Love the advice man once again! Thank you so much, really appreciate the comprehensive answer. wso warrior
+3 UBS Coverage An2 Top ~$90k Analyst 2 in IB - Cov
+3 It depends a bit on the timeline. If you want to spend a few month and jump to a bank once the opportunity is opening up your credit experience will be appreciated (in case you join a credit role). LevFin Lab Newsletter
+3 This happened to me 2 years ago when I left Barclays and I remember being pissed about it. Also the dog shit 2nd year bonuses. But that’s why you leave Barclays 🤷 Associate 1 in PE - LBOs