+3 Agreed on all points.  There was an epically long real estate bull run and this is the hangover and it's the right-sizing process in action. asmith_1
+3 Yea another datapoint. I got a connection through school alumni network with a native German banker. She worked in the U.S. for one of the major bs banks. Her color: Hags28
+3 Jefferies Energy  darlkjuhg
+3 100% on VC - way better opportunities and the AI risk is mostly for incumbent enterprise SaaS that will get kicked to the curb. DebitSuisse
+3 Adding more to the above on just the strategic part of it. This is a big bet by Sysco. Looks like their Market cap is around $30bn, so this doubles size of the firm. Hags28
+3 Thanks for doing this.  powerforward1
+3 jackdonaghyfan James' Bond
+3 Out of college at FTI, salary is around 90k base, with 20-35% bonus + overtime pay.It increases by 10-20% per year, including non-promo year. kegari
+3 No it's completely rational to choose LBS (a target school also fairly known in the US) over Bayes (semi UK only target).  For IB/MBB prestige matters more than anything.  Brag680
+3 They're usually underrated on here because people expected them to be peak Citi immediately which isn’t how it works when teams switch banks. Associate 2 in IB-M&A
+3 Still better to clip a low-risk $3ml TC annually as a PM at a LO working 40hrs per week than blowing up every 1-2yrs at a MM HF working 70hrs per week. hedgehog9
+3 NYU Alumni here - competitive as shit dead as fuck unless your parents are loaded and you can really enjoy the NYC experience, recruiting is also heavily dependent on if you're in the clubs if you want a shot at the top MM Associate 1 in IB-M&A
+3 seminarydropout MrWilliamEmerson
+3 M&A views false credentials as ‘lack of integrity’. S&T views them as ‘lack of SEO’.  She wiped her diplomas faster than a spoof order, yet HR still keeps her around!  SnarkyMogul
+3 The bot's answer here is actually pretty good. Few adds:If the current share price is $1, that usually means the investment is still marked at the initial deal value (i.e., was probably recapitalized recently). SaaSChimp
+3 yes, give up now. your life is over. prepare for a career in last-mile transport logistic (read: doordash). seriously, it's one semester out of like at least 7 more semesters. Associate 3 in PE - Other
+3 This isn't just a factor-neutrality problem. COO in HF - RelVal
+3 Saar plzzz I need ay jaaaab Intern in IB - Gen
+3 BofA EGRC Analyst 1 in IB - Cov
+3 is it possible to get up to 3.5 by the time recruiting starts? Would probably help a lot. Associate 3 in PE - LBOs
+3 For boutique single managers, whether long-only or long-short, there are plenty of opportunities, dare I say it maybe even more opportunities than there used to be (although to be honest I haven't been around long enough t shortponzilongresources
+3 Bro searched up my name son 😭😭😭😭😭  We'd be an unstoppable force at McDonalds ngl. You on the fries, me on the burgers.  yagamilight67
+3 Be my guest. I think the market would be pricing industrial software names differently if those heavy asset tailwinds were going to help a few software biz that much. VP in PE - LBOs
+3 Assoc 2 Base: $200k Bonus: $200k TC: $400k Top bucket poola
+3 Ragebait thereisnochoice
+3 High spot prices help with hedging and cash flow resilience meaning most firms won’t have urgent need for M&A. Deal making requires stable long term price forecasts which are absent in the current market. Analyst 2 in IB - Cov
+3 Nigga ain’t that technically investing VP in PE - LBOs
+3 No not really on par. It is still a semi target. More in the edhec/em group adrien3
+3 Yes, from what I’ve seen, networking in finance tends to favor people who already have embedded social overlap with senior professionals-whether that’s through sports, fraternities, or similar backgrounds. Associate 1 in PE - LBOs
+3 The ones that left for PE Analyst 2 in IB - Gen
+3 Throwaway account just to be safe. Interviewed with them, but didn't end up getting the offer. I ended up signing at a larger fund. sanexoc924
+3 Combined 4 brain cells across both of these places combined  RBOB_squarepants
+3 Can you even name more than 5 deals that came out of Wells Fargo TO in the past 3 years jp222
+3 “Does anyone have super rich parents or is anyone here really rich($10m+)? What do (you/they) do? Where did (you/they) go to school? What difficulties have (you/they) faced? Hags28
+3 I can assure you 50th percentile placement at MSB is not ib LOL. Prob more like middle office or human capital. Especially if you cut out the (many) nepo-placements. Prospect in IB - Gen
+3 everytime a HF shuts down, we should think "there by the grace of god go i" HFPM15
+3 Coalesce and Baypine have to be the most overhyped firms on WSO. Both have been pretty slow to deploy capital. Also for professional services in particular, huge disruption from AI. Analyst 1 in IB - Gen
+3 Stern is a top-tier target for high finance and easily beats USC or Georgetown for NYC placement. If you’re in the top 30% of your class, you'll get interviews at every BB and EB. elsizinie939
+3 If you add in the fact that most European targets have summer breaks with mandatory internships and most people at targets do a gap year between bachelor and master it makes sense. afdhfg
+3 He was connected to a series of poos that were curiously not in the loo Analyst 1 in IB - Gen
+3 Inflation of the last 2 decades has wiped out the minimum reward to make the excruciating curriculum size (& responsibility) worthwhile (outside certain niche countries like Australia, and potentially one or three non– Intern in IB-M&A
+3 del NewIndustryHorizon
+3 Exactly.. Without prior experience it will basically be a debt trap that I've seen plenty of people in my circle fall into. Goj5979
+3 You have to change your mindset, will power ain't enough. The_Vulture
+3 This is your penis speaking. Slap yourself and come back to your senses davani1420
+3 Im a Rutgers student and followed up with one MD 30+ times. Don’t stop Intern in IB-M&A
+3 its portfolio management, not single stock management one position drawing down 10 - 15% (or even more) doesnt kill your book Research Analyst in HF - Other
+3 information2 VP in IB-M&A
+3 Cornell kids don't take elite hedge fund offers? What do they prefer? Ithaca Credit Union? I'm having trouble connecting the dots thereisnochoice
+3 It is normal for base salaries to cap out at $200-250k with bonuses exceeding 100% of this number, giving you $500k+ total comp for more tenured analysts. Outsiders
+3 Congrats on stern! Intern in IB - Restr
+3 Honestly, I feel like this is a question everyone I know in IB grapples with and I don’t have a good answer. Analyst 3+ in IB - Gen
+3 KingAlphaBump -- any insight on Gladstone in London, UK? Comp/culture? Works at Balyasny Asset Management
+3 i’d take rbc, td, bmo m&a over jpm, wf, ubs (either not very active like ubs who has barely dony any work post 2023, or jpm which is new, wf is mostly lending relationships/corp banking where they’ve done some interest Intern in PE - LBOs
+3 FWIW I did NYC for late 20s/early 30s. Single, good gig, making $. Never thought NYC was the long term plan. Was incredible for myriad reasons, including but not limited to meeting my now wife. thatsnachocheese
+3 Honestly, to put it bluntly, it's been utter shit. Analyst 1 in IB-M&A
+3 I'd be wary of any advice regarding universities coming from him...  You need only check his posting history Intern in IB-M&A
+3 Did the internship there last year ~ some thoughts..  CreditDefaultSwap_69
+3 Focus hard on your accounting & technical knowledge.  Intern in IB-M&A
+3 That’s why we da best school Intern in IB - CB
+3 Technically this removes the old 6x leverage cap and the 50% repayment expectation, but it replaces them with vague language about risk management. sappy
+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 You're a high school student telling people a university with top three representation across almost all investment banks isn't a target and talking about "hearing of people" who broke in from there lol. Intern in IB - Gen
+3 This is real estate. You can network your way into just about anything. The large institutional shops have similar barriers to entry as a lot of traditional finance jobs. Pokemon Master
+3 If anything, part of this makes me think it's more about CNN than creating a producing, IP & streaming powerhouse. Ellison & the MAGA guys clearly would love to overhaul it in a direction sympathetic to Trump. Analyst 1 in IB-M&A
+3 From a Reddit thread a guy with the username u/TFvoodoo. He makes excellent content about the SOF community and was a GB. Analyst 1 in PE - Other
+3 shittest place ever  motsreeet
+3 Euro Master here, cannot comment on the overall quality of students, also the way you said it sounds exceptionally retarded. Analyst 1 in PE - LBOs
+3 Because ESSEC is 4 years and French Bachelor are useless. You'll need to do a master degree after that so better to have a 3 years degree, then go abroad to "wash" your diploma (or attending a French Msc) with a master. Incoming Analyst in IB-M&A
+3 Yeah, why wouldn't you? Based on the seasonality of the industry pick the quarter that makes the most sense.  Determined
+3 . greaterworld223
+3 how is their NY power & utilies office? Prospect in IB-M&A
+3 For the analyst level, you can make the argument BofA is the better choice. BofA has a slight edge in terms of brand, deal flow, and analyst comp, although they’re comparable. RBOB_squarepants
+3 Spreadsheet Sasquatch hbwesttoeast
+3 It isn't possible to give a  % response rate because this depends on: David White
+3 Imperial ofc. Essec is not a target outside of paris Bander77
+3 Damn, sorry to hear that. I'm currently weighing $ from HBS vs $$$$ from Columbia. Appreciating it's a little different of a situation, I'm personally leaning towards HBS. BuySideIntern
+3 I see your point but in this case I don't think it's a geography thing. It's more then EU people don't tolerate the mediocrity of students in interviews. Incoming Analyst in IB-M&A
+3 The most logical step for someone who isn't raising institutional money (if you have to ask how to or what institutional money is, you are not in a position to raise it), is to raise it from friends and family. Principal in RE - Comm
+3 https://poetsandquantsforundergrads.com/rankings/poetsquants-best-undergraduate-business-pr Intern in IB-M&A
+3 are you getting paid during that 6 month period? Are the health issues physical or mental? On the closed deals point, it’s not that important that the details you share in an interview are 100% accurate. forward_lateral
+3 fuck the future bro. we often think of life as a series of moments, where we get the dream job, get the dream girl,etc. but the truth is, we live life every single day. and make the most of it now.  Prospect in IB-M&A
+3 I feel like the hard part here is getting OPM (it's always the hard part but particularly so in the sandbox you're talking about). Associate 1 in RE - Comm
+3 I have definitely seen the transition from brokerage to lending before. hard assets
+3 I would say its pretty club dependent in terms of how ib recruiting will go. Prospect in IB-M&A
+3 Former associate in the group. Definitely a very sink or swim type of place and you do learn a lot. Being able to work from Florida is nice.  That being said, the firm has definitely had trouble scaling to date. Associate 2 in PE - LBOs
+3 Commercial banking was great, it offered that intellectual stimulation, financial analysis and modelling work, in an environment where you have to be highly skilled - the risk teams at banks critique your analysis heavily, Deal Kangaroo
+3 It’s a proven franchise that didn’t raise as much as its biggest peers last cycle. From what I understand Blackstone is more in the camp of raise as much as you can. Hags28
+3 You're welcome, I hope things turn around for you soon. I know how tough and demoralizing being in a bad group can be, you start to no longer believe in yourself but I genuinely do. Analyst 2 in IB - Cov
+3 why not target $6-7MM net worth instead? FingerBlasterBoy2004
+3 I can believe that peptides are potentially the future, but injecting yourself with something that hasn't gone through trials and produced in a random lab in China sold on the grey market seems absolutely batshit. TurquoiseHexagon
+3 Thanks for letting us know where you're from. Assuming it's the same cost here's my breakdown: Intern in IB-M&A
+3 Arpit Nigam Teller in Non-profit
+3 MOE led the process on the advisory side. But correct WF shared equal economics and is leading the financing. VP in IB - Gen
+3  I've seen you under every single tier list ranking recently with this same copy and paste list  Intern in IB-M&A
+3 Start the calls as a freshman no doubt. Give yourself as much time as possible to get a large sample size. Commodity.Chimp
+3 Do I even want to know what "I am a slightly above average attractive man (5 10 HTN)" means?  CRE
+3 Honestly not sure and I'd rather say that than risk giving wrong advice so take the below with alot of salt. Personally I think it depends on micro/macro products: Analyst 1 in S&T - FI
+3 Seeing many comments speaking on behalf of Emory, yet it’s clear from what they’re saying that they didn’t go there nor have a clue what the recruiting process looks like. Prospect in IB - Gen
+3 It can't get any more obvious than this Associate 2 in PE - LBOs