Highest Ranked Comments In The Last Year

+3 I was bottom bucket with a zero bonus and went to a top-tier MF then solid single manager and recently touched closed to $M NW. ProbablyEngAnyway
+3 Congrats! I went with BCG because I liked the people I talked to during recruiting more, and I feel comfortable with my decision. Travel perks are also better here. Associate 1 in Consulting
+3 I mean realistically what are your options right now? It's not like you can lateral at this point, or just a few months into working. Associate 3 in IB-M&A
+3 Congrats on the offer! The BNY Mellon Markets and Wealth internship is solid experience, but for full-time S&T recruiting, its relevance depends heavily on what kind of exposure you get. DerivativesRiskEducation
+3 I think it's probably more indicative of the state of the overall job market than specifically IR (but that's just my guess). As someone who was in your shoes, it's not you it's the market. yopierre
+3 unsurprisingly more junk food  anonymnous
+3 Realistically speaking, regardless of which way the trial goes her life is pretty much over. If she's:Not guilty: spend the rest of eternity in a mental institution  2and20
+3 Good analysts can sometimes end up as mid-bucket, stressed out associates because they spent their analyst years grinding stuff out and getting 10lbs of shit in a 5lb bag by eating half of it. Investment Analyst in HF - Other
+3 Goodfellas LlamaofDoom
+3 Citi. VP in IB - Cov
+3 Starting this early in the UK is a real advantage — most people don't get serious until university. A few things that will actually matter by the time you're recruiting: Alpha Stack
+3 Disclaimer: I don’t work in LO, so this is just my guess as someone who considered the path via MBA Investment Analyst in HF - Other
+3 Ease is the same, as long as you get good deal reps and exposure to distressed companies and transactions, discuss them well during interviews, can model, ace technicals, and talk about why you want to do IB as opposed to Analyst 1 in IB - Gen
+3 Just cover it up. Ppl will tell you they are understanding and that they feel bad to your face but most will think you are a freak. No reason to let anyone see or know. Should be fine otherwise. Analyst 1 in IB - Gen
+3 I also left banking for PE and I agree. There’s also some piece in knowing that a lot of the stuff you do in banking is quite inconsequential (eg all these randoms marketing decks). Associate 1 in PE - LBOs
+3 Tufts is a middle-tier NESCAC alongside Middlebury / Bowdoin / Wesleyan that is below the top 2 of Williams/Amherst, even though Tufts is probably the clear worst school on this tier. VP in PE - LBOs
+3 Bruh you’re forgetting that returns have also been absolutely booty Associate 2 in PE - LBOs
+3 Lawrence of Arabia or the Great Gatsby DeletedAccount...
+3 over-levered-mfRescue capital. Pref/mezz/bridge. When people need to transact but deals don’t pencil that opportunistic capital becomes high demand Works at The Family Office
+3 Comments like above are ironically part of the reason IB struggles to attract strong grads today. Analyst 1 in Consulting
+3 I’m a career switcher from big 4 audit to acquisitions at a large fund. Very common background. My accounting knowledge has been invaluable to my general business sense in all facets of my career. Investment Analyst in RE - Comm
+3 in one of his clubs - seems like others' have intriguing evidence but still rolling out Intern in IB - Cov
+3 Search now, market is slow. At the sr ass/VP level there is no 'on cycle' really its by needs basis (except for maybe MBA hiring but even that has been pretty dead). VP in PE - LBOs
+3 When I was in banking probably overdid it a little here and there but ended up being fine in my team. Have also seen some of my MDs/Directors get pretty plastered. Associate 2 in HF - Event
+3 Go to Oxford absolutely. Oxford is an incredible place and opens doors for you for the rest of your life. If your goal is US IB, then you can do that with Oxford, whether directly or via London—>NYC. alex50
+3 My understanding from anyone I have ever dealt with in the pod shops / public markets investing is that if you are even asking about a base salary, you may be knocking on the wrong door. Hags28
+3 I wouldn’t treat one process a month as a disaster, especially given how specialized your background is. The bigger issue is probably the narrowness of the roles you’re targeting. huanlamunov
+3 pretty smart team backed by viking, tend to do global buyouts with a buffett philosophy rabbitfootbill
+3 I came back to IB after moving to a corporate role. Getting absolutely destroyed. I lament the days of having a chiller life. Personally I don't care if my job isnt that intellectually stimulating. ZIRP
+3 No such thing as a respectful way to renege. I'm sure it's a non issue, but you will never work at that company or with anyone who recruited you again.  Associate 1 in IB - Cov
+3 This happened 16 years ago? investmentspanker
+3 Best staffing model is PTO. Associate 2 in IB - Cov
+3 All firms are one and done if you get to the interview stage. No chance they’ll spend more time on someone previously rejected, just not a good use of time whether it’s fair or not.  VP in PE - LBOs
+3 If your long-term goal is S&T—especially in commodities—then the small physical ag trading firm could be a hidden gem. DerivativesRiskEducation
+3 It also is just a big bank. Has a big balance sheet. It’s the main bank of Germany and one of the major European banks. Hags28
+3 I remember their MD in renewables lending was a baddie Prospect in IB-M&A
+3 During my analyst stint at a BB I was being aggressively pursued by a busty VP who insisted on tugging my pud while calling my wife a fish head. Seriously thinking about suing the bank.  PrivateTechquity 🚀🚀🚀
+3 They like the power dynamic and the feeling of being admired. It’s essentially an ego trip. Associate 1 in PE - LBOs
+3 Citi has a much stronger presence across the board and a clear direction of travel under Jane and Vis. BofA is a bit lost at the moment and hasn’t been able to build up their franchise over the past years. Managing Director in IB - Cov
+3 I was in your position a few years ago. There a lot more firms in the north east then you would think, at least 30 to 40. Photonic
+3 Anonymous Monkey: Lol spending 6 hours in a hotel and Ubers is not the same as running through a VDR trying to build ur model buddy. Consultant in Consulting
+3 i also used to sh some years ago, and have really big scars on my arm. rn im currently in an ib internship. pxwb
+3 Keep in mind an iron law of finance that everyone in banking should understand, but a lot of people don’t: Money made early in your life is worth more - usually a lot more - than is the same (even inflation adjusted) money HowlerMonkey
+3 I don’t have direct experience but I have been around industry for a while. Worked for EBs and a random local LMM in the NYC area that may be comparable to like a regional boutique.  Hags28
+3 Know an associate in Chicago office who did his analyst years there. Pay is good, it’s Chicago COL vs nyc which is a plus, culture and hours are good relative to banking, and the office and location itself is very nice. Analyst 1 in IB-M&A
+3 I hear you. Just trying to chime in with some thoughts from an Outsider perspective having read the above thread and hopefully can help push the ball forward. Hags28
+3 They are one of the most blue chip names in CRE in my opinion. They have a massive amount of capital to deploy. Unfortunately, they are influenced by Canadian politics more than other, better run canadian pensions. johnnyCRE
+3 Briefly describe why VP in IB - Cov
+3 It is surprising that almost no one has given the real answer since 2003. Ravens__
+3 Briefly describe why VP in IB - Cov
+3 Paraphrasing from your DM for visibility for everyone else.  Determined
+3 I'm not sure if I would call it early days, maybe a 2nd try but Japanese banks have a history of trying to enter foreign markets with a mixed record of success. Mogwai
+3 Feels like your choice is really the BB bank or the first time fund, the rest of it is just noise. SaaSChimp
+3 My sources tell me that GS recently lost the SpaceX lead left mandate so the group head needed to offer 10 analyst sacrifices to appease DJ D-Sol Source: source Hags28
+3 Wells and Moelis actually had equal share of fee on this deal. Both took home around 40 MM according to LSEG.  Associate 1 in IB-M&A
+3 If I was sitting on a pile of money at the moment, I would want to buy core plus assets significantly below replacement cost in overbuilt growth markets. CRE
+3 Is the collective iq of this forum so low that people don’t realize that this is the most obvious troll post Intern in IB-M&A
+3 HEAT ILOVEBANANAS123
+3 This. If you don't even know your future boss' name, let alone have met him, you're nowhere near late stages. MMPM
+3 Multiple processes have gone deep — final rounds, senior partner conversations — and it still keeps dying at the finish line, with “oh, you’re a technical accountant” seeming to be the read that sinks it odog @digitalimmortality.com
+3 ALWAYS 2 phones imo. More privacy and separation of work and personal. Just more optionality in life - you always have 2 numbers for things and you can decide which you want to give to people. It's definitely a flex. Raijin
+3 invictusnvs: Does anyone know what the analyst/associate case study is like? making me use a lockdown browser for it Director in RE - Comm
+3 Wen PIK for KIK? Principal in HF - Event
+3 Above upvoted comments seem good. From my time in this business and my experience with HF people until you have something concrete in writing, there is nothing to negotiate. Hags28
+3 I agree, but it isnt even just offices.  The amount of apartments or homes I see on zillow that are just straight white on the inside and out. financialrepublic
+3 Me have low current consumption but high income. Me have excess cash. Me have good duration and me happy to lend excess cash for risky productive endeavours. Me thinks capital markets are roughly efficient. Associate 2 in PE - LBOs
+3 Prop firms. Basically guaranteed scams unless you're an exceptional investor (aka you're lucky). Analyst 1 in IB-M&A
+3 It’s basically the private version of ECM. You’re essentially a placement agent but in-house for a bank, specifically moving corporate paper to UHNWIs, family offices, and some sovereign wealth funds. FitBoy
+3 Congrats on Moelis DustyBuffalo415
+3 Amazing comp! Thanks for sharing!! How long have you been at your current role? Would you mind sharing your annual comp trajectory from around 6 years experience to where you are today? VP in PE - Other
+3 I’ve been covering a region for about 6 years now. Agreed once you get past Associate the comp data gets pretty murky and highly dependent on company along with how you are perceived within the company. Assist. VP in RE - Comm
+3 fifth pair of khakis today alone  Intern in IB - Cov
+3 Spot on. I'd also add that a lot of MBAs don't really appreciate how many hours and how bad the workload is, even after spending years trying to get into banking Associate 3 in IB-M&A
+3 Throw a dart at a wall.  If the company says they are "AI driven," you get to keep throwing darts until you hit a valuation that no longer makes sense.  WeatherController
+3 A few things to keep in mind:  CRE
+3 VP in PE - LBOs financeghostgirl
+3 For what it’s worth I studied engineering in college, went into IB and have now left and can whole heartedly say the real skills you learn in banking are organisation, tidiness and the ability to suffer. investmentwanker123
+3 Dude… what??? Idk how you can point to a $4b and $8b market cap biz as going to feel pain first but that’s okay because PE doesn’t buy point solutions… VP in PE - LBOs
+3 Was she fired at the end of her Analyst stint or prematurely? Kevin25
+3 .Nana CRE
+3 Keep the phones separate. Know someone who accidentally shared some reel from IG (with a ton of slurs) using send function - meant to send it to a group chat and hit teams instead somehow.  starbuckssalesdesk
+3 While I do think Mamdani will have a negative impact, it's hard to imagine investors making some kind of 180 after his election.  Investors weren't choosing NYC for its landlord friendliness to begin with.   asmith_1
+3 Bad news: asmith_1
+3 it is, but on this same thought, the entire modern world is kinda faggot and makes men feel spiritually castrated, don't you think?  GS under Blankfein
+3 BTR is really just a flexibility premium product. PEarbitrage
+3 Honestly, you just gotta deal with the fact that you are going to feel very shitty like 90% of time your an analyst. Just get through it and get out. Analyst 2 in IB - Cov
+3 Maybe you should start OP Associate 1 in IB-M&A
+3 Probably around $250k all-in first year associate on average. Some pay closer to $275k, some closer to $200k. Majority are just like any other PE firm and will be sweaty. Associate 1 in PE - LBOs
+3 Your response is kind of the whole point of my post..... Are you saying that demand curves are also a myth? Is that what you're saying? If the price of something goes up, there is no negative impact? NoEquityResearch
+3 No worries at all. I personally didn't apply to finance co-op but I note a few common traits re the people I know who got in -  Analyst 1 in IB-M&A
+3 Just did. AI thinks BAM is a single manager. Associate 3 in AM - Equities
+3 I broke ground on a deal in January.  I have years of experience in real estate development.  I have led several successful projects from dirt to disposition over the past several years. rag23
+3 Its just privileged but insecure people crying because they didn’t land an EB/BB offer. loser1234
+3 I’m in a similar boat. Im early 30s in ER and exploring corporate as an exit. BabylonLine
+3 I would travel and do something interesting imo yungho
+3 Interesting, since my understanding was that other segments of REPE are pretty different from hospitality. Analyst 2 in IB - Cov
+3 Non-operating capital requirements. Debt maturities, legal settlements, transaction related expenses, etc. Principal in HF - Event
+3 How was it unclear what multiple your equity payout would be based on? Was that not documented anywhere? If not, then it sounds like they communicated verbally that it was 3.0x. u7o2q0qla4
+3 Banks I have seen that provide interns with a good summer experience: GS and HL Hags28
+3 I'd be an equity partner only in businesses or real estate. I want no actual responsibility. Mainly staying away from RE, though it's going in the market in ETFs and DVD kings. Buy a shore house and retire. CPMA's15