+3 That's a crazy take. If you think UK job market is crap, SG job market is even worse and it's not even a comparison. It's even common knowledge to stay outside of SG if you carve out a career in Tech/Finance. brtfedd1312
+3 Probably dead last in this race. I went to college with 2 analysts. Apparently, they have 0 deal flow, pitch their asses off, and get discounted bonuses. Seniors are assholes and want to share their misery with juniors. Analyst 2 in IB-M&A
+3 Lived in NYC for a couple years as a kid before parents moved to the suburbs but spend a lot of time in the city, also lived in LIC this past summer.  pinkalpaca
+3 Love seeing that high quality, thoughtful posts still exist here. All of this checks out, from my experience grinding away from lower-middle-class to my version of “making it.” VP in PE - LBOs
+3 I don't like how this sounds a little bit too much like my dating life Intern in IB-M&A
+3 I don’t understand being a long term W2 employee if you come from a wealthy family. If you come from a less well off background and highly value the cash pay, I get it. Associate 1 in IB - Gen
+3 del del del DDIC_CCID
+3 Sounds like you’re just going through the motions. Do you even like your job? If the only way you could continue investing meant you only made $80k/year would you still do it? liquidiot
+3 He ain’t wrong. It is simply a paycheck. However 90% of those playing the game are such fucking boners they actually believe they bring some special sauce. Swine-Linked-Notes
+3 Anything is better than that stupid CapIQ Pro Excel plugin Analyst 1 in IB - Cov
+3 Baird: Galatasaray thehoodedarrow
+3 Calling people you never met racist or garbage types implies the problem is you Xhamster02
+3 never too late for education brotha, GL need4yield
+3 I’m glad others have commented this too but I’d be wary of thinking that a UVA club feeds to MF PE and HF. Door
+3 You sound like a total pushover and your PM def knows this as well, which is why he’s using you as his personal frustration fleshlight. Benson Says
+3 Ex-WF Analyst privatecredit1
+3 Yes Please Intern in IB-M&A
+3 Similar thing happened to me as a first year consultant last year. Business School in CorpStrat
+3 imagine going to jail for 10 years and all u got was a datejust starbuckssalesdesk
+3 What a waste of life. Also I feel like dying in your 60s or early 70s is the default case if you’re a banker… this job is so bad for your health  Associate 1 in IB - Cov
+3 FinnesseGod CRE
+3 TPG has standard associate 1 and 2 comp across SF and NYC, and across all funds (growth, impact, buyout). Associate 1 in PE - LBOs
+3 Principal in PE - LBOs PrivateTechquity 🚀🚀🚀
+3 So meal stipends are technically not paid by UBS they are expensed to the client. Associate 2 in IB - Cov
+3 Should I keep interviewing if I’m set to be an intern at UBs this summer? Intern in IB - Gen
+3 PoS like you have no idea how gender quotas are used to manipulate promotions VP+. Shove your woke speech up your a*rse. Director in IB - Cov
+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 I agree on better-bored-than-doing-bad-deals, but take the guys doing sunbelt multifamily.  If they declined to do objectively bad deals, they will have done absolutely nothing for what five years at this point? asmith_1
+3 Treating your body like a human garbage disposal doesn’t last forever. Make better health decisions earlier in life. The majority of friends you make in life will not be there for the long-term. Pokemon Master
+3 Let’s see. Middle Market bank. Think of Baird, Blair, HL. Analyst 2 in IB - Cov
+3 to the extent you're talking to a fund that thinks in 3-5 year horizons, it's more of saying price target, based on 2030 EPS power is $xx (using whatever 20x NTM P/E of high quality biz in the comp set). fragestellung
+3 That’s because LLMs are inaccurate trash.  Remain skeptical.  CRE
+3 spam hard, cry harder, win in the end WeezyWizzard
+3 This is false. Don’t want to glaze WF but if your goal is being at a bank with a large cap presence, WF is one of the best places to be. Director in IB - Gen
+3 Any updates for CSG group superdays from Friday? itsesketiyeti
+3 Buddy does not know ball nontargetmarket
+3 After culling 15% of people, the prior mid-bucket analyst will become the bottom-bucket analyst ( simply because the people below them are gone ) and they will be stuck in anxiety and fear for the next culling. FlyingBoat
+3 "*also, are you saying that more ppl know what Evercore / Centerview is than Citi?"  Tonyt22
+3 IME, "DEI" candidates almost always have to work harder to get promoted. usernameladiesman217
+3 If you want to hustle, source some side deals and try to co-GP with guys… I secretly always wanted to be a broker, but I started on the principal side at a good shop (I got lucky out of school). Principal in PE - Other
+3 Which group were you layed off from? Analyst 1 in IB - ECM
+3 Congrats on Mizuho!!! Intern in IB - Cov
+3 But they did, the value is in the locked management fees never in the carry/performance. Slight exageration but not far off the truth. Associate 2 in PE - LBOs
+3 I work at a large LP. In short yes it will impact fundraising. It’s incredibly hard to present to IC a consistently underperforming fund. Director in AM - FI
+3 I’d cast a wide net and aim for LOs, SMHFs, MM pods, etc.  In the meantime, I would also approach the fund you interned at sophomore year and start the conversation about returning. Investment Analyst in HF - Event
+3 Classic mommy’s special boy at a “super target” coping they didn’t get an offer. Analyst 1 in IB - Gen
+3 lol bump. leading the boutiques rn + hc/pei ripping + lazard cl haha Intern in IB-M&A
+3 remember that the profession you choose will also shape your character/interests/personality, etc. so if you go to tech, most likely you'll become a fucking dork  GS under Blankfein
+3 Not your exact situation, but know a few guys at your level who were let go in the past year. All found new roles pretty quickly but went to less lucrative places - smaller funds, family offices, portcos. Associate 2 in PE - LBOs
+3 Sheesh dude, that is quite the response. I am now questioning everything I know about real estate investing.  ThatGuyBalls
+3 As a quant or a data scientist? As a quant, almost definitely not. Data science degrees often lack the rigor required for quant. usernameladiesman217
+3 It's not just consistent deal flow, it's consistent deal flow to the point where you can make $250K+ consistently as a base/floor every year. Director in RE - Comm
+3 Look into UF MSF’s program. They place very well into IB with connections to EVR,CVP,Gugg,HL RX, and a lot more Analyst 1 in IB-M&A
+3 I believe it would just be their Acq / AM. Thank you! I was leaning heavily towards Principal and was just looking to confirm. johnellis
+3 Agree, we (by this just mean my seniors at a UMM Tech firm) basically view THL as dumb money, which is well supported by their apperant lack of returns. Associate 1 in PE - LBOs
+3 London perspective: Am a junior at one of these shops in London and have good connections to the other shop Analyst 1 in RE - Comm
+3 Fair take and appreciate the data point. I will say that you're clearly senior enough to enjoy such a stance around AI. Associate 1 in RE - Comm
+3 Re: Uber, I believe there is a system to migrate drivers towards their home area using their average ride direction? [email protected]
+3 Where do you want to work?  adrien3
+3 For entry-level Analysts roles (out of college), in this market expect them to be building a dynamic multi-tenant model from scratch with a 4-tier waterfall (wish I was joking) Prospect in RE - Comm
+3 What about MFPE placements?? I know this guy that keeps talking about Redacted. Intern in PE - LBOs
+3 Dont know why Waterland gets glazed so much in this forum. Great place to invest as an LP as historical returns are top notch but horrible place to work as an (junior-mid) employee. Lt.Surge
+3 What are the repeatable lessons from some of these? A lot of are right time/right place, basically getting lucky with good macroeconomic tailwinds that drive enterprise value. m_1
+3 FIG, HC, Industrials and Tech (DBO Cali office only) are the top groups from what I’ve heard and read. Chemicals is also notable. I have some friends there across offices and the experience seems to be pretty positive. Analyst 1 in IB-M&A
+3 Liars poker is one of my favorite books Mike_wacczowski76
+3 It seems you don't know what you are talking about, equity analysts at prop trading firms directly take real risk. The fundmental analyst role is just the name for what is actually a research-driven trader. Intern in PropTrad
+3 Essentially there are nationalities where the entire culture incentivizes hiring fellow 'Insert nationality'. VP in IB-M&A
+3 oh brother we are talking about different people Analyst 1 in IB-M&A
+3 None, really. VP in IB - Restr
+3 Can’t speak to culture but many of the emerging-manager focused institutional LPs I have spoken with are invested here. Seems to be on many of their target lists, which is a good sign. Associate 1 in IB - Gen
+3 Does a bear shit in the woods? Intern in IB - Cov
+3 If you do read the bible, I'd also recommend picking up the quran, rig veda, and avesta.  longandshort
+3 Work separately on different floors/buildings so not very integrated as do not work (rarely) on same deals ie juniors + seniors only work within DB / Numis deals and not cohesive (heard different culture across both as wel carrotsandapples
+3 Some real groundbreaking stuff from the speakers: “cautiously optimistic”, they’re seeing “green shoots”, “we’re in the early innings of a recovery”. Hardo Intern
+3 Choose the school you can afford. Period. For context, I got a full-ride to a non target, and I have an IB offer. Bet on yourself and trust your abilities, don't rely on the name of the school. bulgebrackethater
+3 Very fun read. The Federal Reserve does not quite own a majority, as your link rightly states. They certainly own a higher share of the Treasuries than they used to. kellycriterion
+3 Team shutting down because PM leaves or is fired within 3 years? Not likely, but common. Call it 30-40%. You being forced out of the industry? Unless you want to quit or do a horrific job with low work ethic, around zero. Investment Analyst in HF - EquityHedge
+3 I did a brief stint in tech, decided against it. Here's the facts of a startup: Most people never exit, and if you do, you basically almost never make more than just in corporate jobs.  usernameladiesman217
+3 culture is horrible, every associate I worked with I genuinely hated. Analyst 1 in IB - Cov
+3 Good point about rolling your acq fee. Great way to sidestep ordinary income tax. Associate 1 in RE - Comm
+3 I honestly think this is even understating it. There were people with no real estate experience getting hired into acquisitions roles at sizable firms. Associate 2 in PE - Other
+3 Glad I left UBS for PE Associate 3 in PE - LBOs
+3 Is everyone that doesn't agree with you uninformed or "based on wrong facts" or can reasonable people reach a different conclusion than you? PEPrincess
+3 LAZ still on that tier? Would assume EVR and PJT better now Prospect in IB-M&A
+3 EVR M&A AlphaBeta500
+3 PEarbitrage TechBanking
+3 What does the recruiting timeline look like? FridgeAgain
+3 You could pull the plug on Grandma twice!  CRE
+3 It is apples to oranges discussion. Based on your view, preferential treatment for women is fair compensation for the creepy behavior of old farts at the top. Analyst 2 in IB - Cov
+3 Final projects are not the equivalent to a final exam where it is like 50-60% of your grade or more. This is more to give you experience and something to work on over the summer. Associate 3 in IB-M&A
+3 I can only speak on Major/Phys shop from my experience, so take it as you will. Market fundamentals are EVERYTHING. Optionality and fundamentals understanding is the edge at the majors and shops. Commodity.Chimp
+3 Congrats on iu kelley bobobob12882
+3 I think the Ptsd part makes sense but why didn’t he seek out help and attention prior to working. This is very serious… whoooo
+3 Associate 1 in PE - LBOs Works at The Family Office
+3 LevFin is not the best group. You don't really get any opportunities for anything outside of MM PE, and not even the more well-known MM names. Analyst 1 in IB - Gen
+3 I still don’t get how AI will help with the workstreams - yes it will build the financial model, public comps table, precedent transactions with PPT output. Associate 1 in PE - LBOs
+3 What most of the kids on this forum don't understand is that it's pretty rare to have a stupid good time like this as you get older and it makes it more special when it does happen. Glad you had a good night. NoEquityResearch
+3 Just keep recruiting. A lot of these interviews are luck based. You never know who else they are interviewing and might just be getting unlucky (not getting interviewers who you really connect well with).  That's_My_Quant
+3 For EVR PCA, the groups are GP-leds, LP-leds, and Structured Capital Solutions (SCS). The people who work there really enjoy the work and most don't consider exiting (this is where they want to be). CuriousGeorge1024
+3 MS and it’s not even close  Associate 2 in IB-M&A