+3 The craziest part about how quickly things have shifted is that if you were applying to some of these roles as recently as 2-3 years ago, you were more or less a shoe-in (assuming you had solid exp). Analyst 2 in PE - Other
+3 You want to leave an entire industry because some of your coworkers wear cologne? Tell them directly or just ask hr to send out an email. Come on man VP in PE - LBOs
+3 Won't say exactly when my interview was since you could prob figure out who I am given that they interview so few people, but it was recent. By values aligned I mean conservative/christian. local_finance_bro
+3 What an incredibly weird thing to say. And also doesn't make sense, spending 85 hours a week in an office for banking does not maximize your social life obviously. yopierre
+3 Deal fee breakdown: JPM: 48.03 GS: 48.03 Acquiror Advisors: Wells Fargo: 24.45 BofA: 24.45 Lazard: 28.25 VP in IB - Gen
+3 Which group were you layed off from? Analyst 1 in IB - ECM
+3 Be patient, keep applying, keep preparing in case you do get an interview, and reconnect with your contacts. There's only so much in your control. Spreadsheet Sasquatch
+3 He's power tripping as an analyst - which is pretty sad. More of a reflection of himself than on you.  RonaldBacon
+3 it depends - but I give my analysts probably 5-6 months of ramp up time before they're expected to run semi-independently. RonaldBacon
+3 The paycut is steep because you're not working the equivalent of 2 full-time jobs. I ask myself "what is the end game here if I go back into banking"? Associate 1 in IB-M&A
+3 One thing that gets overlooked on this site about RX is for those of you considering a pure play Rx group your exits will be largely the same if you are able to get some solid deals on your resume which should happen at mo VP in PE - Other
+3 Lots more information just dropped!  gladtobeout
+3 Good question - I’m unsure but generally I’m very skeptical. patrick_bateman_
+3 Top long only is one of the best seats in finance. No brainer. premia
+3 I can attest to the World Bank/IMF exits. They're very competitive gigs but you are paid pretty well with excellent work life balance + WLB and you get to live all over the world if you want. Prospect in IB - Restr
+3 Very familiar with the team. Originally comp was pretty high (low base, 85k for A1) but as mentioned above, the bonus could get really high in good years (but screw you in the bad ones). Analyst 1 in IB-M&A
+3 If you are in one of HC, M&A, M&T, FIG, RELL: congrats, this applies to you! It's probably a 50/50 shot whether or not this applies to you or not if you are actually working at UBS. Analyst 1 in IB - Gen
+3 Don’t be too hard on yourself. You’re feeling this way because you don’t have a base of confidence to feel secure in your abilities on the job. finOH25
+3 Do you know what risk limits the established pod has? Sometimes a very established pod may have looser risk limits by virtue of the experience and long track record of P&L that the head PM has. kil
+3 Is what you're saying entirely accurate? No. E.g. your free school meals anecdote - incorrect. Your council house suggestion lacks critical thinking. nutmegger189
+3 Probably makes you less competitive - my understanding is a lot of these firms today have dedicated engagement teams that sit alongside the investment team whose role is to specifically plan out all the things you highligh Investment Analyst in HF - Other
+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 Do you by any chance go to Vanderbilt? (congrats on PJT Park Hill!) Intern in IB-M&A
+3 Most ppl obsessed about investment banking generally tend to have a clear goal in mind, and IB is a bridge. The dream is to end up on a buy side role with potentially 6 figure carry cheques, for example.  Arrowheads
+3 Super target lmfao Associate 1 in PE - Other
+3 No real deal flow, at least not on the scale of a bb, and pretty terrible overall. Associate 2 in IB - Cov
+3 Stage of career also plays a large role - if you've already worked on an established team for 3-5 years and aren't seeing growth, the startup opportunity makes a lot of sense. PM in HF - Other
+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 The industry will remain in the muck until real interest rates decline by another 200bps or more. Managing Director in PE - LBOs
+3 people who are saying "I take the trade-off if that means no late nights" are you fr?? Proud_Monkey
+3 Lmao this is both horrifying and honestly kind of iconic? khan.mmua
+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 MA is very gerrymandered along with NY.  CT it is more nebulus, but in MA there is zero republican representation at the federal level while there are 30 at the state level. PEarbitrage
+3 Strictly speaking top 3 business schools in france are now insead, hec and escp. But if you look at only grande écoles then hec escp and essec.  Brag680
+3 bumping to hopefully get more traction... spudrmonke
+3 I think OP’s advice here and the one below are pretty solid. I’ll give you a run down of exactly what I did on a 2.5 week timeline to my first round. Week 1: Understanding how a case works and the parts of it hobearius
+3 I think getting in the door is EQ (are you personable, do they want to have a beer with you, are you generally normal to be around).. and then Rabbit could not have said it any better beyond that. MnIGuy
+3 Depends on the team you're interviewing with. If it's a generalist program across the whole bank probably later the same day or the next day. Associate 1 in IB - Cov
+3 Case in point from this week:  Swashbuckler
+3 Thanks for the questions! TBDZ
+3 Almost forgot BB (GS/MS/BofA)A2Base 110, Bonus 60Tax rate: high but less than a Brit anonymizeplease
+3 Short term, yes there is a bubble. Tech companies have laid off thousands under the guise of "AI-driven efficiency," but we all know it's just cost-cutting due to inflation and high interest rates. iercurenc
+3 Thanks for this completely useless comment, do you have names or anything substantial to add or are you just a ChatGPT robot that summarizes market sentiment? thatREbro
+3 I take it you struck out? Prospect in IB - Cov
+3 It all boils down to what you really want to do long-term. Think about why you really want the MF PE, as it may not be what you enjoy the most. masters
+3 Do a full blood screen, especially with vitamin D and thyroid indicators (TSH, T3, T4).  Director in IB - Cov
+3 I'll just drop this here and expect a ton of MS. Brown grads were the worst I've ever worked with a unique combination of privilege/entitledness with low competency. TechBanking
+3 guggenheim i like. jefferies i would not consider an EB, but who cares about those designations anyway. the other ones you mention, pwp i like. dont know much about roth and ghl. SOFRsoGood
+3 Any updates for CSG group superdays from Friday? itsesketiyeti
+3 I guarantee your porfolio co's customers hate example 2 and 3 you gave. I can only hope the slop machine is actually accurate for example 1.  IsItREPE
+3 It can be helpful even if it is pure execution focused. (I'm assuming this will be the case given the actual investing seat in those shops wouldn't label the job as trader but as Investment Associate/analyst). Associate 1 in S&T - FI
+3 If you have good RE experience that enables you to do something entrepreneurial on the RE side (stated interest of yours), why not do both: side-hustle RE entrepreneur and run the family business as well?   asmith_1
+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 MM, that's probably trying to parse it too finely.  If I were an SS analyst I'd try to do the best job I could understanding the business FOR REAL and building my network. tcbflash
+3 I'm in my 30's and there are ways to buy time so realistically see myself retiring at 60-62 to get that full 70% payout -- so I intend on the pension kicking in at 30 years, but it vests after year 5. Principal in RE - Comm
+3 There are hot girls everywhere. If your WLB won't be terrible, you won't be fired, and you're going to make $1M+, this is a no brainer... Associate 1 in PE - LBOs
+3 I, for one, can't get past the hilarity of a Citi employee referring to others as "retards" Director in IB - Gen
+3 My company develops senior apartments and outside of some partnerships with organizations to help with events, transportation to and from appointments, etc., they are basically slightly altered apartments. CRESF
+3 I think the only gay thing in this entire thread is you roleplaying and cosplaying as a famous investment banker LMAO Analyst 1 in IB - Cov
+3 A gentleman and a scholar Analyst 1 in IB - Cov
+3 No worries, I’ll try to give you the full picture. 3rd+ Year PE Analyst
+3 I think you should ask yourself how bad do you want it? I'm a firm believer in if you want it bad enough, you can do anything. nopeanuts
+3 Put comment in other post  RoleTied
+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 strike him on sight  financialrepublic
+3 I’d go Wharton > Stern > Ross alex50
+3 No PE funds are gonna cut juniors entirely to save 2-3% of annual revenue (assuming 15 junior IPs for a 10bn fund —> 200m FRE for 350k * 15 = 5.25mm annual junior comp) and make VPs do extra work everyday prompting AI a Analyst 1 in Non-profit
+3 associate_HWS: Sir Desmond Glazebrook
+3 The following banks haven’t started their SA27 processes: - Oppenheimer- PNC- M&T- Credit Agricole- Fifth Third thelegend272829
+3 Tiktok finance recruits. Will end up at iu or uva and go work at JPM PWM thereisnochoice
+3 "Basically, I'm wondering if I should try/or even if I have a chance to recruit for less technical-heavy roles for my full time career? Things like IB, HF, PE? usernameladiesman217
+3 Crazy then that bocconi grads' top choices for a master are HEC ESCP and LSE..  Bander77
+3 this is just an oxbridge thing I think. Not as career focused and they supposedly focus a lot on academics and have time for little else (from what I have heard from friends) Analyst 1 in IB-M&A
+3 Ur not wrong on most of this. MS is unwarranted Works at Goldman Sachs
+3 larrysellersI agree it would be great to have the success that they did. Shame the wait for HPD funding is 2+ years now once you get in line.  Ozymandia
+3 Definitely bump down MOE, it’s frankly not in the same echelon as EVR/HL Analyst 2 in IB - Cov
+3 kuf135 Works at The Family Office
+3 Rosen sends around the CIM to potential buyers, promptly gets intercepted  NPV
+3 Looking professional and being client presentable are basically two sides of the same coin. liquidiot
+3 Lowering the threshold to 25% does not inherently increase volume cap.  All it will do is allow tax credits to be leveraged more effectively. Ozymandia
+3 OP's post and replies sound written by AI and this sounds like a BD guy working at a service provider trying to learn more about a service they are pitching to PE clients Associate 3 in PE - LBOs
+3 I’m Aso 2, and I think the analysts work longer hours than me, and they are on the secondaries side, but I think maybe 11PM average. IRRcentric
+3 Got it. Interesting that it may just be him and potentially a couple of juniors considering he doesn't come from a finance background. Analyst 1 in IB - Gen
+3 Short answer: yes, it is exactly as bad as everyone says. Base pay and bonuses are below / far below market, and the delta increases dramatically once you hit senior VP / D. VP in IB - DCM
+3 have also been asked to provide references BEFORE making an offer (after case study, and meeting everyone onsite though).  Investment Analyst in AM - Equities
+3 Has anyone heard of RedBird Advisors? From my knowledge RedBird Capital doesn't have an advisory arm but I have no idea who else that could be. Google also didn't turn up any results Analyst 1 in IB - Gen
+3 One thing worth noting is industrials is a “strong group” across most banks, because the industry is  fragmented and there are lots of deals to go around. RBOB_squarepants
+3 Same man called inflation transitory in 2022 and the fed also kept rates too low for too long after the GFC. I have no respect for those nerds. Xhamster02
+3 You're safe Ozy, 4 unit brownstones in brooklyn can still be u/w on the back of a napkin. No AI needed. larrysellers
+3 How was no one at any of the BBs available for the role? Give me a group head from a BB over him Prospect in IB-M&A
+3 Could be. I haven’t been inside a bank for a good while now, but in my experience they only start looking at Associates for potential VP promotions at best 18 months out, perhaps even only at 12 months. VP in PE - LBOs
+3 So there could be some merits about it being a “boys club” at the senior level but ultimately this sounds like a skill issue for Caruso Jones. liquidiot
+3 my biggest piece of advice here is, to the extent you still have the ability to, follow your intuition. Start making decisions on gut feel, roll with the punches and see where it takes you. RestartIt
+3 If you want to live in Florida long term, transfer to UF otherwise Cornell is much more likely to get you where you want to go.  Both have had shitty football teams... Count_Chocula
+3 Hours are probably similar, but the kinds of hours worked are very different. AM is more sit at your desk, research a few firms, due diligence. Trading is much faster paced. usernameladiesman217
+3 Oxford MFE for instance is 9 months, and quite quantitative. When do you have time to recruit/network lol? adrien3
+3 Raising money from friends and family is an easy part. But you will lose those friends and family the moment you start losing their money.  Money and blood don't mix.  usernameladiesman217
+3 The seizure thing is hard to comment on without knowing more. Horrible for anyone to have a medical incident at work, obviously especially if it’s induced by overwork.  RoleTied
+3 Veritas aint LMM LBOnlyFans
+3 I highly recommend an accounting degree to prep for a RE investments or development career.  Be open to eventually position yourself as a CFO of an asset intensive company, and maybe it’s CEO.  odog @digitalimmortality.com