+3 Bad news: asmith_1
+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 I’m shocked that considering all the culture shit on posts anyone here is recommending BofA. Do people really think you are better positioned for the buy side from BoFA vs. Citi? ky9xnsz
+3 Agree that best seats are top SM/MM hybrid places like Holocene/Woodline/Junto. Analyst 3+ in HF - EquityHedge
+3 I don’t think you’re asking the right question. What you want to know is whether the grind is worth it, and if you can actually make real money in real estate. patrick_bateman_
+3 Missing a couple I think... FS: Evercore/JP Morgan/GS - Most established brand, FS->EVR pipeline is still pretty strong. Intern in IB - Gen
+3 You’re not a failure, the business just legitimately sucks at this point and the worst part is it wasn’t always this way and doesn’t need to be. Take a day go do something physical in nature. guyfromct
+3 @jon B: He was saying he lost $400M of his OWN money, i.e. he had real skin in the game. Obviously from the outside it's hard to vet that statement. hitsamty
+3 WF has a Potluck Casserole Tote Analyst 3+ in IB - Cov
+3 Thank you for the shoutout Jack!  cha.chimp
+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 >Like ******, **** ****** graduated from an Ivy League school (Cornell) and works at Goldman Sachs. Prospect in IB-M&A
+3 Unfortunately, getting the techs down is definitely a prerequisite in passing the interview. johnb2001
+3 Pretty Woman is a must if you have a lady friend with you! Soros_
+3 What in the seizure is this  Analyst 1 in IB - Gen
+3 If you can't have authentic relationships with co-workers then something is fundamentally wrong with the culture. Office politics are inevitable but that doesn't mean every interaction is some calculated move. Associate 3 in PE - LBOs
+3 Really should be 1. PJT 2a. EVR 2b. HL etc. Analyst 1 in IB - Cov
+3 This was an incredibly beautiful read, thanks! Analyst 1 in IB - Cov
+3 Yes this is one of the benefits of being outside a pod model. Other benefits include (usually) having a better research platform and execution and more supporting roles for researchers. PM in HF - Other
+3 Current An2 at WF — I will just say: we are paid very well. Hours are great across firm (for the most part). Best of it all, though, is the culture. Some of the other analysts are also my best friends outside the office. Associate 2 in IB - Gen
+3 Entitlement is crazy… first worry on staying on as associate vs vp which is more than 6 years down the road. Associate 1 in PE - LBOs
+3 If you got the interview, trust me you were in the running. Seems like you're doing fine and just need to continue networking and getting more interviews. VP in PE - LBOs
+3 In the kids defense he has a 4.0 GPA as an economics major from an Ivy League, I think he could’ve landed an internship without his Dads help.  Analyst 2 in IB - Cov
+3 Anecdotally had a friend last year who was choosing between WF and Jef and took Jef, even though the Wells 5k signing bonus made him think lol. Intern in IB - Gen
+3 WITCH firms have a habit of giving long-term employees promotions over the more qualified candidates. Business School in CorpStrat
+3 I don’t know why but people hate the idea of paying for school. Is it really any different from buying a nice car/watch/home or paying for a nice vacation? Associate 2 in PE - Other
+3 A few things to keep in mind:  CRE
+3 wsobaby: Why this statement cannot apply to men? Are you saying that most male investors cannot be a father and having a great family?  dcn_blus
+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 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 The eternal boomer  Prospect in IB - Gen
+3 U got offers there already? IceCreamCake
+3 I haven’t been in your exact situation, but I’ve seen several people around me make a similar move, and one thing stood out: the ones who were clear why they were taking the pay cut almost never regretted it. berndoy7
+3 Watch out. He will transfer internally to London / NYC and sabotage the whole team. Analyst 1 in IB-M&A
+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 I love when people at megafunds think that they're somehow God's gift to the world and they can jump from analyst to VP by going to a smaller firm.  Spoiler alert: that's not how it works VP in PE - LBOs
+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 u guys have too much time Intern in IB-M&A
+3 Congrats on passing freshman year Math and English with an A! Associate 1 in IB - Cov
+3 They like the power dynamic and the feeling of being admired. It’s essentially an ego trip. Associate 1 in PE - LBOs
+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 Prop firms. Basically guaranteed scams unless you're an exceptional investor (aka you're lucky). Analyst 1 in IB-M&A
+3 The usecase for Real User Monitoring and Session Replay actually turn out to be analytics-focused (RUM gathers data points about clicks / heatmaps on your website, which turns out to be a great proxy for feature flag testi wallstreetape
+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 H1B doesn't matter for Canadians as they go through TN. Interns also go through J1  Intern in IB-M&A
+3 Marlin and Clearlake are the strongest guys in LA for pure-play tech. K1 is fairly large but heard they are sweaty even relative to other sweaty PE shops and their pay is actually horrible. Associate 1 in PE - LBOs
+3 AN1 at BB in top group in london. Just from reading the title, go to the consulting one. Analyst 1 in IB - Cov
+3 It wouldn’t be a huge positive in the sense that it automatically guarantees an interview for whatever position you apply to next.  But if that’s the best you have, you might as well do it. oil_quant
+3 did the superday last year, mix of behaviorals and technicals with more senior people much more on the behavioral side. Intern in IB - Cov
+3 Ok sass master gkk1234
+3 overlevered is probably the worst out there. ibvine is probably the widest. marginofalpha is probably the deepest/most technical. IMO just get ibvine and marginofalpha Analyst 1 in IB-M&A
+3 pjm.privRight-wing race baiters?Bloomberg, Tisch, Ackman. No I pretty certain many Jews did not want a Muslim anti-Israeli, mayor of their city. Ozymandia
+3 If you plan on going to MIT just to do IB, you’re prolly not getting into MIT lol Analyst 1 in IB - Cov
+3 I wouldn't say rothschild is the most competitive it has multiple spring weeks / insight weeks that are convertible (the normal spring open to everyone, the women's spring week, the upreach insight week in the summer) that Intern in IB-M&A
+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 All 4 guys looked like douches and Patrick Bateman wannabees. Analyst 1 in IB-M&A
+3 Margin Call, Equity, and Wall Street are my favorites Xhamster02
+3 ^ totally agree. I think after this year though they'll definitely have a bigger venue next year. The_Biotech_Banking_Expert
+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 Yes, all men are gay. Behold: Women are attracted to men Being attracted to men is gay Therefore, women are gay Men are attracted to women  TheFunkyMunky
+3 The market is tough out there, I wouldn't wait to start applying, it's very unlikely you'll be able to time it the way you want. I'd start applying and networking asap. jarstar1
+3 For a lot of these guys the risk is going to be the ability to put capital out at scale and hit the returns they promised investors. Analyst 1 in RE - Comm
+3 Barclays is fucking abysmal intern Associate 1 in IB-M&A
+3 ive been saying this for years to juniors. ib is now a corporate job. opulence got shafted by regulation and dei killed prestige. what you're left with a a standard corporate job with too many hours fuku
+3 Culture sucks. Houston sucks. It’s a mature industry with a declining client base from consolidation. Lack of exit opportunities.  Associate 1 in IB - CB
+3 Analyst 2 in IB-M&A TechBanking
+3 Cornell is a pretty big school with people from all over the world. Don’t think you should feel very isolated. Associate 2 in PE - Other
+3 Macro appears to die every 3-5 years. Then comes back with a vengeance. Never dies.  (Made the mistake of thinking it was dead in the past. Many have. Lesson learned) Macro Arbitrage
+3 You are right that some of this seems basic i.e time is running out. As a young man, I also understood that time is running out. NoEquityResearch
+3 Did stern no clubs and noticed the same, a lot of alumni will only talk to their own club members or frat or whatever. Had a higher response rate from non alum and that’s something I’ve heard current students say too. Analyst 2 in IB - Cov
+3 Interned there last summer. Work is pretty chill - nothing too difficult, but team dependent I imagine. Smaller teams usually require more technical ability off the bat. Prospect in IB-M&A
+3 This is super interesting to read thanks. Any reason you opted for corporate FP&A over corporate IR? Associate 2 in IB-M&A
+3 But how is that different from starting with a template model? Associate 1 in PE - LBOs
+3 I would seriously reconsider why you want to go into real estate. It might be the wrong decision but your reason doesn’t make a career in real estate worth it. [email protected]
+3 Dear Incoming Interns, Analyst 1 in IB - Gen
+3 This is how I know you've not done restructuring, or if you somehow have, you're a first year analyst. VP in IB - Restr
+3 "school clubs in FIG" is also known as "blind leading the blind". Just read up, just the way they did and it should be fine. It's really not that tough Analyst 1 in IB - ECM
+3 Hey, your background is actually very valuable. You already have a strong foundation in credit risk, downside protection, and deal structuring. However there's a transition cuve. Anonymous Monkey
+3 Trading in prop shops is kinda like this, but nerdier.  usernameladiesman217
+3 A few people in my group did the switch from non-RE coverage/product groups to RE. Would say the biggest things you need to work on are: 1. Analyst 1 in RE - Comm
+3 Sitting in the same boat as you rn. But here are some things that I've been doing. bangbangchicken
+3 gpa irrelevant as long as it's over 26/27 EMEA_Levfin_Sis
+3 Surreal levels of cope in this thread lmao holy hell didn't realize you guys had your heads so far up your a**es Gonna be a rough few years  Associate 1 in IB - Cov
+3 London is an actual shithole. On top of that, nothing more authoritarian than sending your citizens to jail for Facebook comments lmao.  modafman1
+3 Coming from a difficult financial background my parents never earned close to $50k a year and now working in pe after two years in IB, it has been insane to me to see how connected many people in this industry are, whether justforthispost
+3 PEarbitrage Ozymandia
+3 Problem is that 'really good research' is rare. hedgehog9
+3 For hedge funds in Europe you absolutely need to target london, and for London there's only a handful of masters worth doing. Oxford, Cambridge get the best chances at it. Goj5979
+3 genuienly jump off bro Prospect in IB-M&A
+3 This is the correct approach, just don't expect a founder to actually give you the time. PEarbitrage
+3 Thank you, intern. Comments below. Please move my bank up and your bank down. Analyst 2 in IB-M&A
+3 Xhamster02The warmth of mamdani socialism will bring all the jobs back Pokemon Master
+3 Is this supposed to be a dunk? do you go to an Agency lender and ask about auto loans or opening checking accounts or savings accounts? Director in RE - Comm
+3 Would highly disagree with the guy above. Have been in banking / pe for 7 ish years now, and everything I have learned has been in the job. Associate 1 in IB - Gen
+3 Dad is a SMD at a EB and the wealthiest guy in his analyst class (by multiple times compared to multiple PE partners including those at MF's) is the founder of a niche 1-2bn AUM LMM PE firm. Analyst 1 in IB - Gen
+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 WF and RBC. The glaze on these institutions vs. the reality of their reputations and capabilities if you actually work in the industry (most on this website don't) is jarring. Associate 3 in IB - Gen