+3 Idk man, this spiel is usually reserved for tradesmen thinking about buying a brand new truck after getting their first paycheck, but I think it applies here: 40k might not sound like a lot, especially when you're making b gershan
+3 No, I only take calls from kids from my alma mater, kids referred to me, or attractive girls. bugery
+3 Non issue. I know at least two dozen people who are out in this industry. No one cares Associate 3 in IB-M&A
+3 nice AI slop brother but you are not wrong! thanks :) lhommeparfaite
+3 GIG LF Sponsors CPR (Massive dropoff) 5. ECM, DCM(big drop off) 6. Tech  Analyst 2 in IB - Cov
+3 I agree with this approach more or less. SOFRsoGood
+3 Agreed, I think you see this a lot with celebrities, famous people, or very rich people. ironman32
+3 At OP, I'd say at this point in the economic lifecylce, except for the very top, if you work for a paycheck you're basically middle class. Some may have high paying jobs, that's upper middle class. ironman32
+3 Take the interview at the chalet to let them know you’re shredding. They’ll like that Analyst 1 in IB - Gen
+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 I do know of him and was close to the process. Sunlight is the best disinfectant. Analyst 1 in IB - Cov
+3 Hi, thanks for doing this!  Intern in HF - Other
+3 Literally begging a US bank to merge with them in a “media leak.” Pathetic bunch of losers Analyst 2 in IB - Gen
+3 Congrats on UBS! Associate 1 in IB - Cov
+3 You left your last job (either voluntarily or not) but you're still too young to retire and you have to do something to spend your time. morgantire
+3 be like mighty mouse - pick up MMA Isaiah_53_5 💎🙌💎🙌💎
+3 Know about them anecdotally. Seems like decent LMM lender similar to Mainstreet. Given how much lower EBITDA businesses are getting hosed rn would really want to know abt portfolio health.  VP in PE - Other
+3 There is no standard. Every firm is unique and often varies even within a firm. SaaSChimp
+3 This post reminds me that if PE fundraising and performance truly slow down, the psychological trauma and identity crisis to people like this will be insane.  Associate 2 in PE - LBOs
+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 It sucks ass but prolly would still do it again. Was able to save up and buy a house and my dream car and got a super cool job after it I wouldn’t have been able to get if I hadn’t done IB. Anonymous Monkey
+3 RX Consultants - focus on operational side of the business; how do we think about cost structure, opex stuff, business level details Ibfeen1512
+3 You are coming at a sophomore in college what are you doing you freak Analyst 1 in RE - Comm
+3 Worst I've seen personally: someone get fired for not drinking enough at the company happy hour. Worst I've seen in the news: a portfolio manager making his analyst take female hormones  Soros_
+3 Wtf? Thank god UBS employees will at least get to enjoy expensing dinner on the company card during Friday evenings in office Associate 1 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 Just put the fries in the bag bro Frodo_Walks
+3 Analyst 2 in IB-M&A TechBanking
+3 Are we supposed to feel bad for him or something?  LBOnlyFans
+3 For a lot of people it's pride/wanting to "do your own thing". StandardHardo
+3 thanks for the responses. Investment Analyst in HF - EquityHedge
+3 I mean you have to always ask yourself if the juice is worth the squeeze. Would you work +20 hours a week to make +$10k more in salary? Associate 2 in PE - LBOs
+3 Bro you should reneg on the offer immediately. It’s over for you Associate 1 in AM - Other
+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 Or go even smaller/earlier. Fund 2/fund 3 but with very differentiated niche strategy and proprietary deal flow proven in that first fund. Partner in PE - LBOs
+3 I hope this is a troll post acardboardmonkey
+3 For what it’s worth I did exactly this, lateraled to a top BB group (GS / MS / JPM) and took a year back, but then got my year back when I was promoted to Associate the following year to Aso2 instead of Aso1. Associate 1 in IB-M&A
+3 Moelis tech ny and sf Analyst 1 in IB - Cov
+3 Can confirm what DebtChug has said from my experience & people I know. OP will face stiff competition for any analyst role, facing off against dozens of current analysts and grad students. matced
+3 Do you think it's funny? Kicking that poor defenseless bank when it's down?  PrivateTechquity 🚀🚀🚀
+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 Offer in my hand, no offer in your hand... PaulAllenIsInLondon
+3 Forgive but don't forget. I had an MD who was a douche and made my life hell. Goya Beans
+3 total babes in consumer Analyst 1 in IB-M&A
+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 If they’re closed to external capital and charging higher than market fees, they’re either great or capacity constrained  Anchor
+3 This is inaccurate. Any list where Goldman Sachs and Jefferies aren’t 1st and 2nd is wrong. RBCs deal flow alone could make them Tier 1. oilandgasfunkymonkey
+3 Think it really depends on your standing within the firm. If you're a rain maker, I'd do the transplant and WFH / wear a hat ZFG. Assuming you're not... Analyst 1 in IB - Gen
+3 Parasocial UBS dickriding is crazy. Post another Trump truth social-type reply again bro, we didn’t see them the first 4 times Prospect in IB-M&A
+3 People on this forum hating UBS more than Kendrick hates Drake. wannabeaxelrod
+3 The fact that you all look at the makeup of UBS IB leadership and think its failings are largely due to DEI is hilarious  Devils Advocate
+3 Yeah not the end of the world. I didn't go on-cyle but got converted my 3rd buyside interview and I had colleagues who got their 11th or 12th process. VP in PE - Other
+3 Anonymous Monkey: Works at Credit Suisse
+3 Congrats on pwp. UBS down. Ibanking_shark
+3 i have friends/family in tech across a variety of different age ranges across a variety of different roles. The super successful ones are doing great, 400k TC with decent work life balance, etc etc. Intern in IB-M&A
+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 A bit crude but how much do you have saved up/looking to put in yourself? Tough raising capital. Infra costs are a killer. Potential LPs are going to need a business plan. hedgefucked
+3 Analyst 2 in IB-M&A 2and20mnb
+3 Kendrick hating Drake is at least a billion-dollar cultural event. People hating UBS is just common sense just like hating food poisoning. Analyst 1 in IB - Cov
+3 I’m not the one complaining about banking hours, and instead high finance skill sets is what I’ve looked for. Hours r long for sure though and that’s just a fact? Works at Evercore
+3 Absolute bootlicker comment. And in the age of exploding offers, 6 rounds interviews, and ghosting applicants no less… op is smart to look out for himself and you are strangely salty. Analyst 1 in IB - CB
+3 Yes, pinning UBS IB’s performance on DEI is lazy analysis. Associate 1 in PE - LBOs
+3 Someone with OP's profile and only 4 months of noncompete would be an anomaly these days. MMPM
+3 There are two funds under Rise Climate: TPG Rise Climate is the growth equity / early-buyout climate PE fund. Think corporate carveouts, late stage growth, and some deals that straddle buyouts and infra. VP in PE - Growth
+3 u guys have too much time Intern in IB-M&A
+3 Accepted an SA offer at a bb last cycle. Most EBs will wrap up by mid Feb. youngbuffet
+3 I'm into watches, and I would recommend waiting to splurge on something nicer once you secure an FT offer.  Associate 1 in IB - Gen
+3 It’s a mix. Many RX consulting clients can be turned around and are just liquidity-starved or overleveraged. Others are truly headed for liquidation or asset sales, at which point our goal becomes 1. Consultant in Consulting
+3 I've done retail trading, which is exactly why I asked the question. Nothing about that experience for me was anything to do with finance and everything to do with trying to get rich quick as a teenager. nutmegger189
+3 Your best bet is making sure Britain stays British. I assure you the newcomers hate you even more than the native Britons. There must be a reason why you stay in Britain and not where your forefathers originated from. pjm.priv
+3 Did you mean merger arbitrage? Multiple arbitrage is different, but merger arbitrage answers your questions… PeterEater
+3 Agree on seeing a lot more posts about RX consulting over the past 12-16 months. I'm at a smaller restructuring consulting shop, and the monthly networking requests have almost quintupled, and I'm not exaggerating. VP in Consulting
+3 Intern in IB-M&A Managing Director in IB-M&A
+3 1) Pretty similar overall. I think the desk analyst seat (caveat never having done it) is great for getting lots of market exposure. You hear thesis from lots of different funds and know how different investors think. tiger_rawring
+3 such an idiot and we have seen this time and time again. He was in such a good spot for someone with less than 10 years of experience. Getting there is the hard part, not maintaining it. Director in RE - Comm
+3 "No one grows up and wants to be a Gary Neville" Analyst 1 in IB-M&A
+3 I don’t think there’s a right answer but  how I’ve approached it in the past was to say: I currently have x amount of deferred comp / carry of which I expect to receive y amount this year, and for this year I am expec Monkey.D.
+3 Decent if you are gay.  tryyuav
+3 I think i would say dont worry yet as they release them in batches and a summer analyst i spoke who got a return offer for this year got his hirevue in October so i dont think you should worry all that much until early nex aeromos
+3 You should get something you’re excited to wear, but also comfortable wearing regularly. I have a ton of watches, some expensive and some super cheap. It wouldn’t kill me financially to lose or break any of them, though. johnny-mnemonic
+3 Let’s say a bit more! Or perhaps this topic is worth its own thread.  econometricks
+3 DEI Becky spotted. As usual equating freeloading under the disguise of gender with nepotism. As if women don’t benefit from nepotism.  Principal in IB-M&A
+3 Thank you for doing this. Great insights. Analyst 3+ in IB-M&A
+3 I will bite - though I think this is something that would've came up in the interview process if they had intentions to promote you A2A. Associate 1 in IB-M&A
+3 Barclays is fucking abysmal intern Associate 1 in IB-M&A
+3 Vance said that ICE is going to start going door to door. That should end well in the country of the second amendment. Remember, this is only year 1 of 4.  IsItREPE
+3 why not target $6-7MM net worth instead? FingerBlasterBoy2004
+3 Until that gets taken away  Analyst 1 in IB - Cov
+3 Usually the restructuring groups at banks are great training grounds for understanding the various players and incentives involved, cap structures and initial screens of businesses. tiger_rawring
+3 Misinformed vs misinformed Intern in IB - Gen
+3 PM in HF - OtherMost pod shops have roughly the same limits which are soft draw at 1x your annual volatility, and hard draw at 1.5x  fikokij630
+3 As someone from essec, I'd recommend escp mif. There's a lot more impressive profiles coming from there. thib56
+3 Pick LevFin / TMT / Industrials. Avoid Healthcare, Consumer and Healthcare again. No one from Healthcare has ever gone to a decent shop.  Analyst 2 in IB-M&A
+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 I'd add a layer on top of this - I think target $:WLB is a key north star metric, but once you get to a good standard (which any exiting IB Analyst will), you reach the higher levels of Maslow's hierarchy where you ought t Associate 1 in PE - Growth
+3 Analyst 1 in IB - Gen
+3 Having a consistent workout routine - whether that's running, lifting, hybrid, whatever - improves your brain chemistry and makes you feel more sure of yourself. Consistency is key.  RedWhiteAndWho
+3 maybe have the leadership program stuff as a short point in the leadership/extracurricular section? ILOVEBANANAS123
+3 When transferring, you have to maximize your chances. It's already SO hard to get into these schools regular, but now you have way less spots. Prospect in IB-M&A
+3 Didn’t know that! I’d be curious to see if they happen to end up with very company friendly terms on financings and equity raises Associate 1 in IB - Cov