+3 100% lol. And I always crack up at the how do I solve for PP question because as with everything - it depends...in this case on your firm. brosephstalin
+3 This is the more accurate take. 11pm is the average with 8pm and 2am+ being the extremes. Source: banging this ES chick Associate 1 in RE - Comm
+3 dude just learn to have a rich inner life outside of your job. Read the classic and the western canon. Learn a language, build your body.  anonf0fty
+3 Because they don’t have a choice. Most established PE firms will keep 0-1 associates without an MBA except at APO / KKR. The places that don’t require it will make you do the MBA time as an associate or a VP. Analyst 3+ in IB - Cov
+3 Can confirm what DebtChug has said from my experience & people I know. OP will face stiff competition for any analyst role, facing off against dozens of current analysts and grad students. matced
+3 i don't understand what you're asking? you're effectively asking for the right tail outcome in both scenarios to make your decision... Investment Analyst in HF - Event
+3 Margin of alpha is known to be a scam. AVOID Intern in IB - ECM
+3 Margin of alpha is known to be a complete scam. AVOID at all costs. I bought it and half the answers were wrong.  Intern in IB - ECM
+3 margin of alpha is known to be a complete scam. AVOID.  Intern in IB - ECM
+3 Marginofalpha is a known scam. I bought their website and half the answers were wrong. Avoid Intern in IB - ECM
+3 Lots of productive studying will get done between 2-5 I’m sure. Analyst 1 in IB - CB
+3 yes you can. UK banking/finance is very heavily dominated by a certain few schools which include LSE/Oxford/etc.  Analyst 1 in IB - Restr
+3 Anonymous Monkey: Works at Credit Suisse
+3 Congrats on pwp. UBS down. Ibanking_shark
+3 My understanding is that MB can be cheap and difficult to work with - but has built a high-performing, well-constructed team. Performance was good last year, hence this year's expansion. Burke
+3 ILOVEBANANAS123heard one of P&T's assistants exited to blue man group a few cycles a gocomp is mid but you get to throw paint at the audience nellyisland
+3 Congrats on BGL Tehran! Seriously though I’m sick of tierlists Spreadsheet Sasquatch
+3 Here is the truth.In terms of comp / exits it is absolutely a respected shop. AS1 comp was $400K which is no joke. However…the reality is slower deal flow has made the experience rather subpar. Associate 1 in IB-M&A
+3 Join a frat. It will shape you as a man. ilhbwc
+3 MS, GS JPM, BofaCiti, BarcUBS, DB, JEFF WF, Santander The EB's don't really have dedicated sponsors groups given lack of financing as well as more eat what you kill models  Analyst 2 in IB-M&A
+3 Social network, partially related because of the VC angle and Peter thiel makes an appearance as himself in the film LendingFanatic1
+3 lol bump. leading the boutiques rn + hc/pei ripping + lazard cl haha Intern in IB-M&A
+3 Probably not. But in a few years I'll be a senior analyst so that should help therealgekko
+3 For most ES’ers, even the very few who pass Series exams AND execute corporate M&A, calling themself an investment banker is something like when a person has a heart attack on a plane and someone shouts for help from a Retired in PE - Other
+3 Def less than 20% Varies depending on fund size but I doubt more then 5% of associates end up making partner Works at Barclays
+3 Until that gets taken away  Analyst 1 in IB - Cov
+3 Any specific insight into Qatalyst? Hours/when you leave the office for WFH etc.  Analyst 2 in IB-M&A
+3 I thought exactly like you 4 years ago. I worked in DCM for almost 2 years (I've left finance since then).  Works at Barclays
+3 >Like ******, **** ****** graduated from an Ivy League school (Cornell) and works at Goldman Sachs. Prospect in IB-M&A
+3 Pretty Woman is a must if you have a lady friend with you! Soros_
+3 Yes this is one of the benefits of being outside a pod model. Other benefits include (usually) having a better research platform and execution and more supporting roles for researchers. PM in HF - Other
+3 Wtf? Thank god UBS employees will at least get to enjoy expensing dinner on the company card during Friday evenings in office Associate 1 in IB-M&A
+3 I appreciate you getting back to me. I noticed a Boston SMD accepted a new role right before I read your response which was timely. Principal in RE - Comm
+3 Tech as an industry is less spread out in fee distribution than other industries. Analyst 1 in IB - Gen
+3 Legitimately tired of these threads, get a life guys  Peter Thiel
+3 Hi! I recruited for a variety of buyside (PE, credit) concurrently with banking and got offers for all 3. Intern in IB-M&A
+3 Cornell student as well - echoing what the other student said, if you've already established a usable networking pipeline through your clubs/frats at UVA then it may be worth staying there. Intern in IB-M&A
+3 BlackCock, Inc. Peter Thiel
+3 Adding insult to injury. FailedInFinance
+3 Average Dartmouth Partners experience Intern in IB - Cov
+3 At a larger UMM fund and helped do some admin work around off-cycle recruiting, so can give some direct color. Associate 1 in PE - LBOs
+3 I think its only a matter of time when reg frameworks start catching up. M&A market will be crowded with the same templates and analysis where new ways of evaluating, selling, and investing in businesses will emerge. Associate 2 in IB - Cov
+3 What are the outcomes like of the MSc at Geneva?  MiM/MiF at hec/escp/bocconi would be the classic option. They're the target programs at each school and will place well in s&t. Much low risk  Brag680
+3 I already did it among those at Wharton who know him don’t worry Intern in Consulting
+3 just seems like if you aren’t doing the exact same thing at your current job you won’t get hired bopbopbop
+3 u guys have too much time Intern in IB-M&A
+3 Congrats on UBS! Analyst 2 in IB - Cov
+3 Coming from a software operator side, I’d like to point out that software is not attractive anymore primarily because writing code is not the bottleneck anymore. monkeyvjit
+3 Facts this is the finance equivalent of a dad getting his son a job at Burger King. Yes it’s nepotism but should you really care?  Analyst 1 in IB-M&A
+3 Ok sass master gkk1234
+3 It’s what the guy said above about the multiple compression. Associate 1 in IB - Restr
+3 All 4 guys looked like douches and Patrick Bateman wannabees. Analyst 1 in IB-M&A
+3 Margin Call, Equity, and Wall Street are my favorites Xhamster02
+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 Barclays is fucking abysmal intern Associate 1 in IB-M&A
+3 okay, you are going to get a lot of different answers, but what I feel is this. unrealbanker
+3 Analyst 2 in IB-M&A TechBanking
+3 If you want something more general go with Booth, but I think the Columbia Sustainability Management sounds pretty cool. marketMergerMaddie
+3 I don't have direct experience in your role but can comment from the private equity and IB side of the equation. LBOnlyFans
+3 Outside of just actual laziness and not wanting to train someone, this is more prevalent than a lot of people like to admit, some of it is lying to themselves/other to pretend the company is growing. cragfar
+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 I can take a stab, BUT please feel free to correct me if I don’t have the right mentality. tentwothree
+3 Agree. To be successful in the HF business you have to be wildly interested in the work and have a very high risk tolerance. Principal in PE - LBOs
+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 Well so it’s basically a case of a weaker brand acquiring a stronger brand name. Just thinking about it, no way Savills is going to adopt their Eastdil brand name. IRRcentric
+3 I’m in a pretty similar boat. tuftsofwisps
+3 I’ll ignore your fixation on IQ, since you’re essentially a kid. Principal in PE - LBOs
+3 It's hard to say across all of these. There are funds which make money and tons which don't. Make no mistake, there is a lot of capital in the special sits place and it's not easy to deploy. Analyst 1 in IB - Restr
+3 UBS could work 7 days in office and would still be way outside the top 20 Associate 1 in PE - LBOs
+3 This post is 11 months old but an incredible forward indicator to OWL stock price. It was such an open secret this industry is a joke that ppl on WSO were clowning it. Analyst 3+ in IB - Cov
+3 Congrats on ubs!  Analyst 1 in IB-M&A
+3 Been thinking about this a lot too as someone in PE. Will note that experiences will vary wildly based on what PE firm as I think there's a larger variance in PE experience than banking.  Associate 1 in PE - LBOs
+3 nice AI slop brother but you are not wrong! thanks :) lhommeparfaite
+3 as-dfg-hjkYeah, it is because they are cheap and cannot say no. That is why they work harder. They are cheap and cannot afford to lose.  weezyfbaby
+3 Crabs in a bucket mentality, but agree that women are given lighter workloads. Going home at 10 pm is a problem, and going home at 2 am is also a problem. weezyfbaby
+3 CVP AN1 bonus looks low because Centerview uses a December bonus cycle for everyone from analyst to partner. The_Paymaster
+3 People figure out they want different things 2 years into their career vs. when they are college students who haven't worked any job in finance full-time and come in excited. Associate 1 in PE - LBOs
+3 The answer entirely depends on your opportunity cost pursuing a CFA. WillAckman
+3 Just saw that Balyasny built an AI research engine for investing, using ChatGPT 5 to monitor merger arbitrage forecasting, so the field is definitely changing. CapitalKoala
+3 del CapitalKoala
+3 But how is that different from starting with a template model? Associate 1 in PE - LBOs
+3 Dear Incoming Interns, Analyst 1 in IB - Gen
+3 I don't know why people are being so weird on this thread. VP in PE - Growth
+3 Not gonna sugarcoat it man, you definitely fumbled. Analyst 1 in IB - Restr
+3 Surreal levels of cope in this thread lmao holy hell didn't realize you guys had your heads so far up your a**es Gonna be a rough few years  Associate 1 in IB - Cov
+3 This is inaccurate. Any list where Goldman Sachs and Jefferies aren’t 1st and 2nd is wrong. RBCs deal flow alone could make them Tier 1. oilandgasfunkymonkey
+3 when you get a pip Real lasagna G
+3 I’m surprised the PWP shills on this forum haven’t hit this yet Analyst 1 in IB-M&A
+3 Ya, the BS issue itself doesn’t seem existential. The bigger question I think we are asking is what else might be sitting under the surface. The theme is laxed dd and total risk on mode. Associate 2 in PE - Other
+3 genuienly jump off bro Prospect in IB-M&A
+3 There are many. Currently working in one - pay is definitely above market (way above banking and higher than most mega funds). I personally never had to take a pay cut throughout my career. Associate 1 in PE - LBOs
+3 Is this supposed to be a dunk? do you go to an Agency lender and ask about auto loans or opening checking accounts or savings accounts? Director in RE - Comm
+3 Yeah I've heard first yrs at Shea clearing ~$230k Any 2 IB - Cov.
+3 Dad is a SMD at a EB and the wealthiest guy in his analyst class (by multiple times compared to multiple PE partners including those at MF's) is the founder of a niche 1-2bn AUM LMM PE firm. Analyst 1 in IB - Gen
+3 No balance sheet = not a BB TLBandChill
+3 "No one grows up and wants to be a Gary Neville" 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 Didn’t know that! I’d be curious to see if they happen to end up with very company friendly terms on financings and equity raises Associate 1 in IB - Cov
+3 PC is seriously overshot. Lots of rightsizing will occur over the coming years. Personally regret leaving banking for it looking back Analyst 1 in IB - Gen