+3 Blake is conducting 1-on-1 interviews with candidates.  Analyst 1 in IB-M&A
+3 ECM at a non lead bank. Co-managers and joint bookrunners sit around collecting checks while the lead left banks do all the work.  Analyst 1 in IB - Cov
+3 Converting my SA to FT offer by winning over the favor of this one MD who was completely obsessed with the smurfs. VP in PE - LBOs
+3 I’d echo the above comment. IR (especially at a larger company) is the “most natural” exit for sellside ER. Minimal learning curve and ability to leverage existing buyside relationships. Notorious123
+3 No real deal flow, at least not on the scale of a bb, and pretty terrible overall. Associate 2 in IB - Cov
+3 Uh what? Associate 2 in PE - Other
+3 Have commented about this in another similar thread, but whoever said they changed the format is misinformed. Associate 2 in PE - LBOs
+3 Hey, you’re in a pretty normal spot tbh and 28 with 4 years of experience is actually a good time to do this. Kevin W.
+3 Extremely lucrative, NYC/CT. I can't get his comment for this but can share some, I have a close family friend who is retired from dry cargo broker businesses. Horatio Horatio
+3 Agree and would add it's helpful to understand the types of companies that are cheap for a reason (ie value traps) just by quickly screening for "cheap" companies and seeing how/why they always trade at the same / cheap mu Dear Extent
+3 If you're not obese, you can do it. Download a "Hal Higdon" plan and follow it. Marathon is all discipline and determination. I went from never running to running a marathon in six months. I started at BMI 25. dedline
+3 I have and thank you so much for all the valuable advice!! I found your answer regarding resources incredibly helpful and will be reading up on those in the upcoming weeks. Prospect in IB - Restr
+3 Bought a "starter home" 1br condo in VHCOL (NYC/SF) in a luxury high rise for ~$1MM in 2023 at age 30. I knew it wasn't my forever home, but I was kicking myself for not beginning to establish equity earlier. Leverage Hero
+3 Funny you call me a LARP when you’re the one doing DD based on LinkedIn career progressions without thinking about the context. Investment Analyst in HF - EquityHedge
+3 Really the only people who would find casing naturally easier are those who have read tons of business case studies or have lots of exposure to high level corporate decision making. rolo25
+3 Downside is you're out of 'real finance investing', though you may be able to salvage it with finance adjacent things (corporate finance, accounting firms doing deal diligence) and/or shift to another role in 'real finance setarcos
+3 I think its hard to compare. Investment Analyst in HF - Other
+3 I think ur smart enough to answer that question yourself VP in PE - LBOs
+3 No I don’t have many thoughts on Baker or RTW. They’re definitely good funds but who the hell cares. There are literally 180+ therapeutics/healthcare specialist HFs in the US alone. Benson Says
+3 PM in HF - EquityHedgeI would expect 500k or lower, unless you were a clear pnl generator. How would you assess your contribution? Analyst 1 in HF - Event
+3 Substack_Guy
+3 They are sharp guys. Mainly from Square mile acquisition, not sure how many have stuck around. Long hours, and from what I've heard the pay is good. Assist. VP in RE - Other
+3 Thank you so much for doing this. I have a few questions I'd like to ask: Analyst 1 in AM - Other
+3 UBS does this all the time with their India offices. They help draft IB client presentations, help with deal processes and routinely get added to deal teams. Associate 2 in IB - Gen
+3 ioncewenttoschool Ozymandia
+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 I have some thoughts on this but non-tech F500s seem to pay less across the board than startups and quality sponsor portcos (I like to think the name on my resume and the job security are both a lot better though). Analyst 2 in IB - Gen
+3 Associate 2 in RE - OtherDad is a multimillionaire former state assembly member turned lobbyist.   IsItREPE
+3 The answer to most questions like this sure, anything is possible, it’s just not likely. Joining an ABS desk originating/structuring/syndicating RMBS/CMBS could be interesting and you can make a decent living. ravena
+3 "junior in high school" are we serious... Associate 2 in IB-M&A
+3 Not sure where you’re seeing this… VPs and Principals grind hard ime at most shops. Look at how many mid level burn out posts are on WSO. kuf135
+3 You sound like a gold miner who's salty and mad about those that came decades before him that made their fortune from mining gold, failing to realize the gold rush had long ended. Matchabee
+3 6th year in a pretty large macro/RV rates pod at a MM. ~2mm depending on last few weeks of the year, performance was decent not amazing Analyst 3+ in HF - RelVal
+3 It depends on the program style.  SaaSChimp
+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 Great read IHateHardos
+3 I have done this mini-rant before, but really put yourself in your PM's shoes and reverse roles.  mtnmaster1
+3 Go straight to the point, you start with something thats completley different than the topic. VP in IB - Gen
+3 Interesting, I suppose the likes of Laz/Roths/Moelis have some catch-up to do with market leaders Evercore. Analyst 1 in IB-M&A
+3 FinnesseGod CRE
+3 I'm sorry but there's no way any of this is true. What IBD ED has time for this shit nutmegger189
+3 Can't speak for everyone, but the below are my personal favorites. Also happy to give my personal jazz recommendations as well (biased towards a certain era however) Concertos: mooseeee
+3 The great thing about democracy is that voters get what they deserve good and hard. PetEng
+3 The instructor is not gna let you hit bro Research Associate in AM - FI
+3 I'm in equity AM right now and thinking about personal investing - would be great to open up the opportunity set to buying notes. Associate 1 in RE - Comm
+3 If I were in your shoes, I'd aim for path 2. Based on how the market is right now, it's best to be wherever your network is strongest. Associate 3 in RE - Comm
+3 So a few of my best friends are from HK in IB; some who moved to the UK for boarding school, some who came here for University. Analyst 1 in IB-M&A
+3 companies should pick the strongest candidate. period. it shouldn't matter whether the candidate is American or Indian, as long as they have work authorization. Kevin25
+3 From a senior perspective, the best M&A bankers are effectively "coverage" as well. While they may only focus on M&A, M&A is relevant to almost any client in the space, whether the buyside or sellside Director in IB - Cov
+3 Today I learned 5 firms is "every bank under the sun". Some of you need to be staffed more. Rabbit
+3 Crying is just your body releasing chemicals to help make you feel better. It’s good to cry dude. crazylifechoices
+3 These are the kids that get to talk to managing partners at major HFs, holy fuck John.Sa.
+3 There is a lot here, very little relevant. ravena
+3 We all just tell one dude on our team and he just keeps track in his head for normal applicants, however we do have a separate tracker with the instagrams and hotness ratings for every girl we chat... Analyst 1 in IB - Gen
+3 An oil change is your best bet Intern in IB - Gen
+3 Your ability to prompt has nothing to do with your ability to adapt. It's okay, as people age their brains elasticity declines. It is just clear that your brains elasticity is on a rapidly declining trend.  ioncewenttoschool
+3 Congrats on Wharton and GS RevBuildRascal
+3 I don't think AI is your competition. I think others who understand and can leverage and use AI to improve / expand their process are your competition. Don't get left behind. COO in HF - RelVal
+3 I was making fun on how fucking stupid he looks buddy boy. And no, the people on the Mayflower were not American either. Analyst 1 in HF - EquityHedge
+3 45-50 when not on a deal, but with very frequent travel (at least every other week). Steady state was probably closer to 60/week (with less travel) in my Associate / Senior Associate years.  VP in PE - Growth
+3 Extremely uncommon in HF/LO for PMs/CIOs to be sleeping with investment staff and anyone saying otherwise is clearly a college junior with too much time on their hands. Why is it uncommon? Associate 3 in HF - Event
+3 You would expect this kind of favouritism only with Canadian banks like TD and Scotia.  Director in IB-M&A
+3 Dyal is ridiculous it’s like $500K ASO1. Heard Qatalyst is $1M at VP Associate 2 in IB-M&A
+3 Hi All, OP here - thank you for your empathetic responses. Honestly, I was expecting something more along the lines of ~ "quit being a baby," "you're not cut out for this / you're in the wrong place." Prospect in IB - Gen
+3 Bro thinks he’s going to manifest becoming wealthy as a self-labeled nerd by saying shit like “always been thus” Bigstonks
+3 What do you think it takes to be able to work at Bain in India? Ignorance is bliss I guess. Intern in HF - EquityHedge
+3 Copenhagen is paradise, but it's difficult to pull there as an international ECVL
+3 And Essec?  Bander77
+3 You’re really really early in your career and don’t have to have it all figured out. Do the job where you’ll learn the most. Associate 3 in PE - LBOs
+3 Don't worry. Men will never understand women (not even your mom). Only women know women, and they hate each other. splitaces
+3 not sure why anyone would choose this program over WSO Academy?...  it's not only (much) higher tuition, but the resources + mentor network aren't in the same planet. CEO in IB - DCM
+3 "large French aerospace company" vibes Associate 1 in AM - Other
+3 I think the space is just really competitive. You have to really stand out. Locked-In
+3 You get to be on the receiving end of M&A "synergies"! Prospect in IB-M&A
+3 Anonymous Monkey: LooseLeaf
+3 Distressed deals have definitely picked up. Saw my first 2023 acquisition priced below the loan principal. Multiverse
+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 I’d say taking a leave of absence three months in the job will put you in the hot seat ANYWHERE. Unfortunately, even if it was absolutely needed, it sort of shoots yourself in the foot at that employer. Associate 1 in IB-M&A
+3 total babes in consumer Analyst 1 in IB-M&A
+3 No you won’t. Know at least 15 people and avg is certainly below. Especially in t1 city and finance COL Analyst 2 in IB-M&A
+3 Medicaid point is indeed wrong, it's only valid for really your first year assuming you attended a college in the US for 4 years, as the exemption is only valid for the first five calendar years you are in the US under F1 Teller in Non-profit
+3 Stay at BMO Analyst 1 in IB - Cov
+3 TMT had pretty bad ROs last cycle. Deal flow wasn’t dead, but it wasn’t good either. I think the bank is really trying to figure it out but I would caution against it. Assistant in Legal
+3 In a very similar position - cut 2/3months ago and rerecruiting now. Getting 2 offers rescinded is genuinely brutal and honestly I have the most sympathy for you in that respect. Analyst 2 in IB - Cov
+3 I mean... if you work at a reputable large LO the recruiter is a bit dense to think it's the sell side regardless of your title...  Investment Analyst in HF - Event
+3 I was accepted into JPM’s Commercial & Investment Bank Investment Banking Insights Program, which will be held in person at the New York City offices. cafetero1492
+3 Rounded up 3.7 from target studying finance b/c I slacked off senior year, I am going to a public MF (BX,KKR,TPG,Apollo,etc.) next year as an Aso1. Analyst 1 in IB - Gen
+3 Congrats on Mizuho!!! Intern in IB - Cov
+3 I appreciate your passion and scrappiness. I'm not saying you haven't executed anything, but rather being an "ideas" person is largely useless in any start up setting. Determined
+3 They're both very different schools. Both have solid placement across Houston & NYC. scrappyfinancebro
+3 Also, candidly, it's pretty easy to tell who's gonna be a winner or not from high school. People think they didn't get into a top school because of DEI or whatever, but too many people think too highly of themselves. MMM6969
+3 Agree with everything you've said. PE is becoming like asset management - highly paid corporate work w/ substantial upside gone (at least for non-GP owners).  kuf135
+3 I'm surprised by how many people are obsessed with this H1B fiasco. Give it another 2-3 decades, and see the game flip. Npliwa234567
+3 Yes and no. If you are bootstrapping and business in traditional industries (think boring) like real estate, franchise, mom and pops then yes. Associate 2 in PE - LBOs
+3 Smelly Business School in CorpStrat
+3 I don’t know your background, but assuming you are still in college, have you ever thought about extending grad by a semester to try and leverage the current offer you have for IB or similar front office role? Intern in IB-M&A
+3 FIG, HC, Industrials and Tech (DBO Cali office only) are the top groups from what I’ve heard and read. Chemicals is also notable. I have some friends there across offices and the experience seems to be pretty positive. Analyst 1 in IB-M&A
+3 Non-target here. I joined business school my sophomore year and didn't get my SA offer until March of the spring semester, so my recruitment journey was 8-9 months (no RO - all good/culture sucked). CuriousGeorge63
+3 They will definitely be successful in cashing in on their extensive MM commercial banking relationships to get in the door and win the deal for a lot of founder-owned businesses.  Analyst 1 in IB - Gen
+3 No. Software remains bifurcrated with some assets being extremely richly valued such as these AI-native start-ups and others being valued as if there is no terminal value in cash flows due to AI fears. VP in PE - LBOs