+3 I don't work in this space nor in HFs, though I do enjoy "value investing", or maybe more correctly, fundamentals-based investing, as a hobby, so take this with grain of salt. TheFunkyMunky
+3 This is super important to learn early on: your job/career is not the only, or even the main, place you should finding fulfillment in your life. Ozymandia
+3 Say Pwease! Multif@mily4Life
+3 Sounds like you dodged a bullet. People who use dates to vent over nuanced topics with people they barely know are unhinged weirdos. crazylifechoices
+3 just another masters bro. I just one more off-cycle bro. anonf0fty
+3 Less than what they want and more than what they deserve Investment Analyst in PE - LBOs
+3 Congrats on JPM Hirevue! Prospect in IB - Cov
+3 Ignore my title. I’ve seen all kinds of backgrounds at some lesser known growth equity firms. Analyst 1 in PE - LBOs
+3 Been in a similar situation with a similarish resume, landed on my feet. It is possible but options are very limited. No EBs have full time seats, and the occasional one or two is always taken by a lateral from Wharton. attempting_doingmybest
+3 Hai Summer Associate in HF - Event
+3 Not sure I’d want to join Carlyle given their performance but their legacy name definitely holds some weight still if you care more about potential exit opportunities. IRR-Responsible IR
+3 Blackstone Infra - far fewer deals per year, tend to be mega deals (this is changing a bit with BXInfa but still very much the case), traditional utilities and infra sectors, lower infra type returns, almost no exits Managing Director in IB-M&A
+3 MS and it’s not even close  Associate 2 in IB-M&A
+3 Democracy has spoken brother PrivateTechquity 🚀🚀🚀
+3 a small regional office is worried about flight risk. OFFERGOBLIN
+3 I hear you and thank you for sharing.  It is not easy going through what you're describing. Principal in HF - Other
+3 As an associate, go with the best brand in the geo you want to spend 2 very formative years of your twenties in. Associate 3 in PE - LBOs
+3 Google slides is paradise Associate 3 in RE - Comm
+3 As someone who went through a PE analyst program, please make sure you are diligent with the opportunity you ultimately take. Make sure you end up at a PE shop with a few traits:  Analyst 1 in PE - Growth
+3 Minor in something that interests you. Associate 2 in IB - Cov
+3 Was at a MM fund doing 80+ hour weeks with very few deals getting done. A lot of portco messes to clean and chased down processes where we had no shot and got smoked consistently on valuation.  Associate 2 in PE - LBOs
+3 I worked S&T BB last year (not in NYC, where it seems like some firms only pay 0.5x OT). I would get into work around 6/630AM and leave around 630/7PM, depending on which desk I was rotating on. Prospect in S&T - FI
+3 Bumping this for actual feedback (not OP). Burning out at exactly the wrong time - in a good seat, dev deals to execute and pipeline to work on in a terrible market, new baby at home and daycare ($) starting up.. Developer in RE - Comm
+3 It was a bottom group for UBS as of 1H 2025, but has had a relatively strong 2H 2025 in UBS terms though: announced a few M&A deals recently most notably Veeco - Axcelis $4.4bn M&A as sole advisor, and some lead-le Analyst 1 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 Then you are not properly aligned with what it is you should be doing or you are properly informed but do not recognize as such because you carry yourself with the pompous arrogance that you somehow know your PM’s strategy Benson Says
+3 henks313 PM in HF - EquityHedge
+3 Not a software banker, and curious if anyone in the industry disagrees, but thinking this is a bit overblown. Analyst 2 in IB - Cov
+3 UBS SA return offer rates are set to be 30-40% this year. Source: UBS Director in Industrials.  Associate 2 in IB - Gen
+3 Is she hot? Analyst 2 in IB-M&A
+3 Also, a lot of people have DM'd me on when I plan on refreshing the ranking, I plan on doing it near Dec. The_Biotech_Banking_Expert
+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 At big 4 internship, I travelled for a week and it was $15 for breakfast, $35 for lunch. $70 for dinner. Ubers covered everywhere, usually a nice Marriott. Can’t fly business class but can book any flight if reasonable. Intern in Consulting
+3 Having reviewed easily 50+ candidates over the years, the main thing for me is: making sure you’re not looking at your notes - it’s way more obvious than you’d think and stands out so much vs others who don’t. Broketree Capital
+3 I went to A/W and got into GS Classic. Worked my ass off too because I'm low income non DEI minority. Associate 1 in IB - Gen
+3 If it was a moot point what developers are underwriting to, then why bring it up in the first place? john.newton121
+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 Yeah, on your first comment it sounds about right: at first you do whatever the PM wants you to do, and over time you start to understand the trading style a bit more, come up with ideas, put some tiny risk on to get a fee posositos
+3 Absolutely do not do this SaaSChimp
+3 So true. Pitch comps, research reports, the slop is on the surface now. war dog
+3 Any decent fund of any size should teach you these skills and hold you to these standards. PE is the professional finishing school that banking was supposed to be but never was in reality. Associate 3 in PE - LBOs
+3 It is also worth highlighting that the distressed teams at CLOs are essentially just workout guys. Principal in HF - Event
+3 Senior housing, retail and affordable housing BestPizza
+3 Adding on bank asset management divisions GSAM/MSIM JPAM UBS AM Guggenheim  2. Traditional AM+Insurance Intern in IB-M&A
+3 what did you pick ubs over? Incoming Analyst in IB - Restr
+3 Have you already left your current shop? Wouldn’t you want to have that negotiation done before you accepted the offer to join them (given you now have significantly less leverage)? Analyst 1 in IB - Gen
+3 A business doesn't have to be winner takes all in a massive TAM to be making millions. I mean, top of my head, take Ridge wallet or something.  nutmegger189
+3 Tough but possible if a.) join right clubs; b.) unpaid relevant school year internship; c.) self teach modeling etc; d.) put together compelling pitches; e.) network and apply like a madman; d.) be open to any location/siz Research Analyst in AM - FI
+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 Copying from previous post because think it's fairly relevant. Also reviewed all groups at UBS in another post, if interested in more group-specific insight Analyst at UBS. Analyst 1 in IB - Gen
+3 Was UBS ever anyones first choice? bestman222
+3 Lmao bro has been there for 3 years and its still a shit show Analyst 1 in IB - Gen
+3 Dude Block was already bloated hence the stock rose and the guy had a bloated corporate structure back when he was in Twitter so it is not really about AI per se. The guy is shit at managing headcount Associate 1 in PE - LBOs
+3 Accurate af. Only caveat is if you do some in-house M&A, then for those banks being an M&A junior sucks as you get all the bitchwork from the coverage teams. Associate 1 in PE - LBOs
+3 La verdad que E3 es muy buena carrera, tocas aspectos muy importantes de todos los enfoques de una empresa, y aprendes cosas vitales que te pueden venir muy bien en tu vida profesional.  ndccurwjfjew
+3 Hey I heard Touch Grass Partners and Fresh Air Advisors are S++++++ think you should apply  Cash Money EBITDA
+3 Well 2.6bn EBITDA means nothing and it doesn't matter. Which is probably why you're not able to decipher it. It's just a number. Numbers only matter in context. nutmegger189
+3 You sound like a total pushover and your PM def knows this as well, which is why he’s using you as his personal frustration fleshlight. Benson Says
+3 Not getting an M&A return offer is a blessing  Associate 1 in IB - Cov
+3 Hi, not OP but found it insightful. Associate 1 in RE - Comm
+3 I'm confused, this post is very critical, but it sounds we almost entirely agree, except on the topic of unemployment insurance. StreetToStreets
+3 Not in HF but like others said, I feel like value investing is a little bit of a silly phrase. m_1
+3 You don't work for an evil industry. Funny. NorthStarOne
+3 The only retard is YOU reading this from the UBS bullpen Prospect in IB - Cov
+3 Congrats on UBS! Analyst 2 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 Can being hot make up the Semi-target - Target Gap RestIess
+3 So meal stipends are technically not paid by UBS they are expensed to the client. Associate 2 in IB - Cov
+3 I appreciate it, and I genuinely hope it is helpful. Regarding buying me a beer or dinner, my response is always the same. Deal Team Six
+3 You have dropped your irony detecting spoon. here you go, alloo2
+3 Just kill him. Life’s too short to put up with nonsense. Make his shorter.  IsItREPE
+3 Except the Mueller investigations did actually demonstrate Russian attempts to influence public opinion during the 2016 cycle and separately, it led to trump campaign officials being convicted. Intern 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 Introduce him to the world of quad espressos Analyst 2 in IB - Cov
+3 I guess HL and JEFF are the top UMM banks Analyst 2 in IB - Cov
+3 Keep in mind that my "system" is still a work in progress & that I'm not experienced enough to know every case. pbandjpartners
+3 Ehrlich gesagt sind drei Monate für die Biotech-Branche im Bereich, insbesondere angesichts der Nischenorientierung und der starken Beziehungsorientierung. TimikaPerez
+3 Going to delete my previous comments. Business School in CorpStrat
+3 Just checked on Google, search results were wild الرأسمالية
+3 This acct + op is me. Its been a long 2 years of grinding since but i am very thankful. Quitting banking was one of the best things that ever happened to me mentally and financially. deelcheef
+3 Got a corp dev internship solely through networking with an alum who happened to need a summer intern. Got my full time role also through networking with alum at a megafund. ibmayb
+3 moneymaker03Gonna go ahead and assume you are a woman based of the style johnwestonbrook
+3 That died in the 80s little bro. When I was on the trading floor at the start of my career 25 years ago, we had beers after work on Fridays (sometimes a lot) and that was it.  Managing Director in IB-M&A
+3 I was bottom bucket my first year in IB. nicolasronson
+3 Don't know the individual well but I know a former IB analyst who spent a few years in a non-healthcare coverage group. Now he's a surgery resident. Business School in CorpStrat
+3 HSG MBF  + will place you into MBB/IB if you have the necessary profile (interships, etc.)  + most cost efficient, 3 semesters at ~9k/CHF  Associate 2 in PE - Other
+3 No, share with the class  Principal in HF - Event
+3 Not sure they are hot tbh Analyst 1 in IB - Gen
+3 From a professional standpoint, MS Menlo is prob better than any non TMT classics IBD team (prob in line with GS TMT in terms of tech dealflow) Analyst 2 in IB - Cov
+3 Your chances of landing an IB role at a top bank would be very high. You’d likely have GS, JPM, and MS in a bidding war to try and get your talents at their firm. Intern in IB - Gen
+3 No - AI is not "killing equity research". ER teams are busier than ever right now.  Associate 2 in ER
+3 Can’t speak to culture but many of the emerging-manager focused institutional LPs I have spoken with are invested here. Seems to be on many of their target lists, which is a good sign. Associate 1 in IB - Gen
+3 Nah this is overplaying it. You can learn from a great PM who’s a successful investor if he’s willing to put in the effort to mentor you. This isn’t some innate athletic ability. We’re buying and selling stocks, guys. Associate 2 in PE - LBOs
+3 Fully agree that we are on the verge of some massive changes. Headcount at the Analyst-VP level is going to get cut down to a fraction of current headcount. GoodAsGoldman
+3 Assuming this is GS - I think you’ll be fine. Just call yourself a private equity analyst on LinkedIn and frame it that way to head hunters. Associate 3 in PE - LBOs
+3 Congrats on two fantastic offersI think Chattanooga is better here as the finance district is considered the "next Wall Street" and working directly under a rainmaker MD is invaluable Analyst 1 in IB - CB
+3 If it is not terribly discourteous to ask, how old are you now that you are ready to publish? When did you start writing properly would you say? Dgjauwvwbsj
+3 But they did, the value is in the locked management fees never in the carry/performance. Slight exageration but not far off the truth. Associate 2 in PE - LBOs
+3 I am a dude, so no I do not think so Analyst 1 in IB - Cov
+3 off topic but i’ve contrived a scheme where we trade banker bags and tarnish the name/reputation of each others firms (e.g. show up to airport geeked, start bar fights, etc). slime_