+3 i heard UBS take a couple TOP TOP notch candidates each year Prospect in IB-M&A
+3 Emerging semi target decrebepro
+3 Ya agreeing with the other dude who replied to you , your uber example ain’t it. Few things.  Associate 2 in PE - LBOs
+3 You want to work at a bank under one of the most notorious bankers of all time You want to work at one of the strongest banks across all business lines Intern in IB - Gen
+3 Nobody is losing out on talent; there are far fewer seats at $4B+ funds than there are analysts at top BB/EBs. The prestige gap is a function of recruiting philosophy. Associate 1 in PE - LBOs
+3 Nobody can give you a precise percentage as for your odds. Bankasaurus
+3 the prestigious tech group in particular only takes kids who are in the sigma ligma bigma frat Prospect in IB - Gen
+3 1-2 calls a firm isn’t enough lol. You know how many Harvard / Wharton kids with near perfect GPAs, that are in every club and interned at a mm pe firm we get. Analyst 1 in IB - Cov
+3 Sensational stuff. New benchmark for Paradise posts! Analyst 2 in IB-M&A
+3 Doesn't seem like an impossible goal, especially if you're already somewhat fit and can dedicate 6-12 months to train. Another way to assess feasibility is the Yasso 800s test.  The Pharma Guy
+3 Some accurate and some less accurate info on this thread. I’d recommend reaching out to former juniors for the real scoop. Associate 1 in IB - Gen
+3 Lots of productive studying will get done between 2-5 I’m sure. Analyst 1 in IB - CB
+3 You have dropped your irony detecting spoon. here you go, alloo2
+3 I didn’t even do a practice interview this year, and I’ve already secured my first offer from a bulge bracket bank in London for next summer—coming from a non-target background. Ali_TRN_LDN
+3 Strategy Coach_JDGFinnesseGodThanks for doing this! A few questions... Strategy Coach_JDG
+3 No…the part that made me / continues to make me uncomfortable is inexperienced junior commenters who have little / no industry experience spewing nonsensical comments as if they are facts. Anonymous Monkey
+3 By 'shown' I mean in-person networking events, coffee chats, or HH directly asking me about the firm. hc8765
+3 To get a head start on securing an internship in consulting or investment banking, here’s a roadmap based on the most helpful WSO content: Analyst 1 in IB - Cov
+3 Best staffing model is PTO. Associate 2 in IB - Cov
+3 Not market but enforceability depends on the state and contract. Associate 3 in IB-M&A
+3 The worst comment I've potentially ever read. Is your career the only thing you derive satisfaction from in life. You can't possibly find anything else to bring you joy? fixedincomeregard
+3 I mean, that's not true.  Every banker has a P&L, and manages risk, which gets tracked and has funds applied via stress loss. Ozymandia
+3 Good joke. I'm an ex-MF PE associate now at a UMM firm as a VP, and can say for sure the associate experience here is way better for learning than MF. VP in PE - LBOs
+3 Any interest in MBA? This would be a good story for adcoms if you're interested in any non-IB MBA exits (PE not likely since you won't have prior PE experience) Associate 3 in IB-M&A
+3 I did SA MBA last year and at my school women got verbal offers prior to interviews and had team dinners before the first rounds on campus. PM in S&T - Comm
+3 Marginofalpha is a known scam. I bought their website and half the answers were wrong. Avoid Intern in IB - ECM
+3 I utilize the DuPont approach to win any negotiation. Prospect in HF - EquityHedge
+3 u guys have too much time Intern in IB-M&A
+3 On my S&T summer knowing Python was a big edge for sure. Analyst 1 in S&T - FI
+3 margin of alpha is known to be a complete scam. AVOID.  Intern in IB - ECM
+3 I really don’t understand why anyone would mention early retirement and living in NYC in the same sentence. If you don’t have to work anymore and your best idea of where to live in NYC I literally feel sorry for you. KR8000
+3 . greaterworld223
+3 In short, Michigan State’s reputation in high finance remains extremely limited. Bump_monkey
+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 How bad? Do you know anything about M&A and why so many people have left that team? peterw32
+3 Of those two - Lucky, in a different style/color would be my pick. Addinator
+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 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 Why worry about what other people are or aren't doing? You're a grown man/woman. you handle your own shit and the shit of people closest to you.  usernameladiesman217
+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 Here’s the take on MSU - In short, Michigan State’s reputation in high finance remains extremely limited. Bump_monkey
+3 Margin of alpha is known to be a complete scam. AVOID at all costs. I bought it and half the answers were wrong.  Intern in IB - ECM
+3 I think its only a matter of time when reg frameworks start catching up. M&A market will be crowded with the same templates and analysis where new ways of evaluating, selling, and investing in businesses will emerge. Associate 2 in IB - Cov
+3 I would agree with almost everything here. Analyst 3+ in Private Credit
+3 Both the ones you linked are gay johnnypython
+3 At a larger UMM fund and helped do some admin work around off-cycle recruiting, so can give some direct color. Associate 1 in PE - LBOs
+3 Let’s be honest. MBA had nothing to do with them being dumb. I don’t know where to even start. Associate 2 in IB - Cov
+3 Margin of alpha is known to be a scam. AVOID Intern in IB - ECM
+3 Would def be worth it. FinanceDudeBro
+3 They aren’t even willing to stay in the office for long hours… half the women left at 5 pm at my bank to “WFH”. Analyst 2 in IB - Cov
+3 Should've mentioned yotalks or keenanrmalloy wetfartlover
+3 There is also an element where the people who had no choice were probably more willing to put in some of the less pleasant work. Ozymandia
+3 Latest fund (2022 vintage) is currently marked at a -13.77% IRR and is fourth quartile, the fund before that (2020 vintage) is marked at 9.65% IRR and is third quartile as per pitchbook. Analyst 1 in IB - Gen
+3 DEI complaints are just a microcosm of today’s failed culture: mediocre people blaming someone else for their own failures. DEIty
+3 But how is that different from starting with a template model? Associate 1 in PE - LBOs
+3 Jesus Christ, the prospects on WSO are the most insecure prestige obsessed people in the world. Why does everything you do have to be influenced and justified by what others think? Associate 2 in PE - LBOs
+3 They reach out to people all the time. Doesn’t mean anything investor45
+3 I agree Rosenbaum and Pearl is a great pick—especially for understanding valuation and the deal side of finance. DerivativesRiskEducation
+3 I certainly think an understanding of grid topology and constraints, along with more fundamental knowledge about the workings of a given rto (knowing and understanding the OATT, OA, and various manuals for PJM, for example ekt.402
+3 Speaking as someone who started out in Corp Dev, did PE for 5 years, then left because I hated it - unless the PE fund is a UMM/MF and you REALLY want to do PE (which you haven't really articulated why you want it PrivateTechquity 🚀🚀🚀
+3 This will all vary from bank to bank I would imagine, but I can give some insight for the place that I'm at. bondmonkey111
+3 Of course finance isn't a meritocracy.  That isn't news, except to WSO chuds who want to pretend like the real villains are DEI hires. Ozymandia
+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 Dear Incoming Interns, Analyst 1 in IB - Gen
+3 Just put the fries in the bag bro Frodo_Walks
+3 ASO3 -> VP1CoverageSantanderBase: 225  -> 275Bonus: 285 boobyblow69
+3 This is one of the most insane takes in WSO, which is saying a lot. VP in PE - LBOs
+3 Bruh you should just report to jail now and pepper your angus Principal in HF - Event
+3 That’s part of the problem. Use your brain instead.  IsItREPE
+3 If your long-term goal is IB, I’d strongly lean toward staying in the IB role. Adrian.
+3 AlphaforDayz Themaster441
+3 A wild turn of events - Partner at a new fund that ended up growing like a weed; skipped a few levels and love where I ended up. Life is weird sometimes.  Edging_Happiness
+3 I think that discount is deserved honestly. RE usually trades at or below NAV so you don't get the PE exit pop, and on top of that you've usually got stale marks because no one has written down their assets L3Y. kylejackson
+3 Congrats on iu kelley bobobob12882
+3 Think target schools (Harvard/Stanford/Wharton/IU Kelley) Associate 1 in Acct - Other
+3 Take whatever you want whenever you want. I hate this autistic mindset that people think they are doing the lords work and are in seal team 6 and can never leave their desks. Associate 1 in PE - Growth
+3 2yrs ago I got my SA offer in May despite having failed in 4 prior processes. don't be sad and gay, keep going equitymuncher
+3 Stop being a wanker would be my advice  Batrick-Pateman
+3 Limited interaction, but the two or three people I met both seemed very smart but arrogant. Consultants who seemed more focused on showing how smart they were rather than executing deals. CoffeeBong
+3 Unfortunately, not really, I've only worked with one client so far on a 2-year-long job. They're also a developer breaking into NYC, not an established one here. nyconstruct1368
+3 Already stated multiple times, but absolutely stay at Cornell to get the diploma and study abroad at least once. CoffeeBong
+3 There is a reason they passed lol anonymous184059
+3 Short answer is: PNL history. If you don’t have demonstrable experience taking on risk and generating positive PNL, you are unlikely to get hired to trade those products. Themaster441
+3 Pretty sure bofa does hirevues and superdays in waves and prioritizes targets generally first. but anyhow did my SD and haven't heard back yet. Intern in IB-M&A
+3 I think MBB + Rx consulting would be a great combination. I also agree if you are a more quantitative person you will likely enjoy RxCo more than MBB. RCJ92
+3 They like the power dynamic and the feeling of being admired. It’s essentially an ego trip. Associate 1 in PE - LBOs
+3 Discrimination isn’t legal, just widespread. If men are being discriminated against, we need to file EEOC complaints for workplace discrimination based on sex and sue.  Analyst 1 in IB-M&A
+3 rip Intern in IA
+3 I think ur smart enough to answer that question yourself VP in PE - LBOs
+3 You can't reach full recovery to one bond and not the other that are pari passu, that's the point of the pro-rata, in that the distance to make it to 100% are the same even if one bond is worth $1M and the other is $100k. cap structure arbitrage
+3 u are intimidated because you are reading it front-to-back. wrong approach.a credit agreement is modular. 80% is boilerplate legal protections (lawyer territory). 20% is commercial reality (your territory). tonythebrief
+3 There’s absolutely no free lunch. The successful bankers and execs got there through sacrifice. Not much time for siestas and self actualization when billions in project work and relationships are at stake. crazylifechoices
+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 Not sure if my comment got removed or I never posted it  But upshot is that sixth street falls squarely in the cohort I was talking about above  Monkey.D.
+3 I am A2VP and feeling this as well. Although I largely still have my pre-banking personality, being around this many neurotic losers has taken a toll and looking up the flagpole it is not what I want to become.  Associate 2 in IB-M&A
+3 Blame it on the guy next to you Analyst 1 in IB - Gen
+3 Idk if your school has this but look at the alumni directory, scope out alumni that work in finance in T2 cities (CLT, HOU, MIN, BOS) or at smaller buy-side firms and reach out to them for coffee chats. Prospect in IB-M&A
+3 I read everything, so all the relevant trades in markets I'm tracking plus the business sections of the mainstream papers. hitsamty
+3 Above all, for me, it would have to be delivered right before a meeting. I don't need the full sponsor history for that. It would be enough for me to just see when we last spoke. portelizabeth
+3 VP in PE - LBOs Associate 1 in PE - LBOs