Highest Ranked Comments In The Last Year

+3 You are young. Life passes by quick, and the years you have with your health and the ability to explore your community, your self, and your world are scarce. jaxcut4
+3 As AI reduces the need for white collar labor, it is critical that the US government deport / denaturalize recent immigrants so that americans can keep / find high paying jobs. Analyst 1 in IB - Gen
+3 Why is the focus on making $1M by 30? So what are you going to do once you have the $1M? The way this really works is as follows: First 5 Years Managing Director in IB-M&A
+3 Stupid argument. This job is not rocket science or really remotely hard to do if you have basically average intelligence. Analyst 2 in IB-M&A
+3 Just put the fries in the bag bro Frodo_Walks
+3 Hey!  subscriptionfinance
+3 Your Global Co-head sounds like a broke motherfucker Partner in IB - Gen
+3 Well that kinda depends on whether you think the UK economy and public markets will be stronger or weaker going forwards.  usernameladiesman217
+3 Very common, and accurate.  Predev dollars are the riskiest, since there is no real underlying asset securing them. Ozymandia
+3 lol is this troll post? They have been on almost all major M&A and cap markets deals as lead lefts, EA/PIF, Wiz/Google, Informatica/Salesforce, SpaceX IPO, Alphabet equity raise and more. Analyst 2 in IB - Cov
+3 Thanks, that makes a lot of sense.  hc8765
+3 Goldman in NYC is not nice... JPM much better Analyst 1 in IB-M&A
+3 What high school did you go to? I’m skeptical of this claim, especially the idea that this represents an “average outcome for any Asian country.” silverbackape2000
+3 It's hairy private capital / hybrid solutions stuff as you said (or at least that was case a few years ago, mostly in growth capital type situations). Analyst 1 in IB - Gen
+3 College admissions advisor here (former IB myself) - all that matters in terms of your career goals will be the location. For West Coast, go for USC, for NYC, go NYU. Keep in mind that they are vastly different schools. Manager in CorpStrat
+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 David ConstabileIsaiah_53_5 💎🙌💎🙌💎David Constabile Isaiah_53_5 💎🙌💎🙌💎
+3 Thank you, very helpful these comments and insights! Analyst 3+ in IB - Cov
+3 Slackers and internationals Analyst 2 in IB - Gen
+3 so nobody’s heard back yet…right? anon18268281
+3 Analyst 1 in IB - Gen Associate 1 in PE - Other
+3 Largely agree, with the caveat that leader in creditor side deals on Legal side is Gibson Dunn. VP in Consulting
+3 Thanks! This was extremely helpful. So in terms of how they primarily derive value:  Intern in IB - Cov
+3 I understand these firms target different parts of the market, but I was asking more about how they’d approach the same opportunity. I’ve heard MGG has done some pretty interesting asset backed stuff (ex. Intern in IB - Cov
+3 H1B doesn't matter for Canadians as they go through TN. Interns also go through J1  Intern in IB-M&A
+3 Run, Forrest! Run! Analyst 2 in IB - Gen
+3 FA - company financials, ratios, etc GP - price graph DDIS - debt profile (bonds, RC, TLs) CN - company news, very helpful for cap markets activities iykyk Intern in IB - Gen
+3 Not doing one won't hurt you but it can definitely help you incrementally. Just the network alone, alongside your undergrad institution, is a big boost as you progress in your career. Associate 1 in PE - Other
+3 JAMMBO that thinks they're not --> bad culture  Analyst 1 in IB - Gen
+3 The universe works in mysterious ways...right after this I got reached out to by a recruiter for a acquisitions role for stabilized, value-add, and ground up development in the asset class I work in now. Dev_WanaBe
+3 u guys have too much time Intern in IB-M&A
+3 Good timing on the weekend drill — that's exactly the right approach before a sitting. micholive
+3 Hope they're prepared for a record number of renegs  Intern in IB - Cov
+3 As someone who is ex-GS and knows multiple people there, I can tell you for a fact that fewer return offers were only given because quality was worse. Associate 2 in PE - LBOs
+3 ^this… can totally relate to almost all of your points. Stuck in banking as Asso 3 as I didn’t make it to PE and my life is hellish as possible. Associate 3 in IB - Cov
+3 Schedule a chat and ghost her Analyst 2 in IB-M&A
+3 The people who join for current recruiting cycle as analyst would join FT in 2028 and those recruiting as associates would join FT in 2027. Analyst 1 in IB - Gen
+3 Agree DOA. Associate 1 in IB-M&A
+3 Sorry bud you’re gonna do what Rich says and you’re gonna say thank you. Analyst 2 in IB-M&A
+3 Edhec is non target. For London the only French targets are Hec and escp  Associate 1 in ER
+3 Thanks both — helpful perspectives. valueadhd
+3 Hello nerds Analyst 1 in IB - Restr
+3 You are focusing on DEI in recruiting. Wait till you get in and see how promotions get distributed out. Director in IB - Cov
+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 Following Analyst 2 in PE - LBOs
+3 This fucking guy nutmegger189
+3 Probably a hot take on here but I think a lot of people in banking over-optimize for retirement savings early in their careers and under-optimize for liquidity. Analyst 1 in IB - Gen
+3 You asked lots of separate questions so I'll just try to tackle each one.  equitymuncher
+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 I doubt that heavily. Only reason being, you want real companies and firms around your financial sectors. usernameladiesman217
+3 Yeah I've heard first yrs at Shea clearing ~$230k Any 2 IB - Cov.
+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 I agree both private and public investors over-index on moats and don't really understand the deeper meaning behind them. Prospect in IB - Gen
+3 How difficult it is to develop at the moment  CEO in RE - Comm
+3 Eating ass  hankpim
+3 jackzebra
+3 Thanks and merry Christmas. Analyst 1 in IB - Cov
+3 del marines3rdofthe1st
+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 HK is becoming more school agnostic so as long as you're not from a random polytechnic school then you're good, at least if you're from Warwick or even Durham you still stand a good chance of recruiting in HK. brtfedd1312
+3 Yeah that means less than 20% back then and given recent underperformance would expect a 5-10% chance. Thats the “my dad is a principal at X PE fund and that’s why I landed it” type rate Analyst 2 in IB - Cov
+3 Most successful newsletter of all time Intern in HF - EquityHedge
+3 There was a guy who kept posting about university prestige rankings and he stopped for a while but it seems he’s posting again Pro Veritate
+3 Think its a bit more nuanced. kvaradona
+3 avoid that site at all costs. Shitty website and is a major scam.  Analyst 1 in IB - Cov
+3 This has to be a troll post otherwise I have no hope for this kid Teller in Non-profit
+3 Sure.  coolmowgli52
+3 Really should be 1. PJT 2a. EVR 2b. HL etc. Analyst 1 in IB - Cov
+3 I've been saying this for a while now. PE, and particularly REPE, is dying. Real estate is a mature industry and has fully recovered from the GFC and covid. BuySideIntern
+3 He’s back Pro Veritate
+3 I don't think you'll have a hard time recruiting in either London or Hong Kong. I went to one of the schools you mentioned and a few of my closest friends (also in IB) are from HK. Analyst 1 in IB-M&A
+3 Who cares what an anonymous Texan thinks? Who cares what an anonymous Martian thinks? darkhorse69
+3 If RBC and Macquarie are on there I feel like CIBC and Societe General should be too Spreadsheet Sasquatch
+3 Unfortunately it’s true that I am not a bit fan of my colleagues  Associate 1 in PE - LBOs
+3 If you already have a few connections at banks, I’d definitely start reaching out now rather than waiting for applications to open. The conversations don’t need to be a direct request for an opportunity. Amelia F
+3 As others pointed out, it doesn’t look good if you don’t know anything about RX since it’s quite a technical group. Analyst 2 in IB - Cov
+3 I mean if you genuinely think Evercore is some obscure bank that people in finance need explained to them then I’m not sure you’re really in a position to be giving advice on this lol. A7858
+3 Being a gold digger regardless of gender is such an unattractive quality in a person. That said... you could do way worse. PrivateTechquity 🚀🚀🚀
+3 $4-5.5k. Trust me, a poor quality or small apartment will enormously hinder your mental health if you have long hours in IB/PE. Associate 2 in PE - LBOs
+3 I’m not sure it’s fair to speak for all women here - people make different trade-offs and have different priorities. Associate 1 in PE - LBOs
+3 No balance sheet = not a BB TLBandChill
+3 Id say it takes a 4-6 years to get an analyst seat (sometimes longer). Once an analyst at one of the >500b funds you can expect to start around 300-350k TC. Research Associate in AM - FI
+3 is your instagram set to public or private? if its set to private maybe youre fine. honestly a good question tho i'm curious what the answer is  Crapple
+3 You articulated this very well. In that case, I couldn't agree more that an investing seat is unlikely to scratch that itch. There are investors and there are operators. therealgekko
+3 good analysis, you are right I was out of a job.. I had resigned from my IBD job without any other job lined up, took a year to myself then began applying for corp dev roles. VP in CorpDev
+2 Performance is very political / not merit based until MD. The only people who truly make a difference to a bank’s bottom line are the top ~5% of MDs who originate real deals.  RBOB_squarepants
+2 Brown for sure. You'll be able to get the opportunities that you want, it's more a function of less interest in finance at Brown v. Stern (but FWIW I think Brown alumni in finance pull harder for their own as a result). Investment Analyst in HF - Other
+2 Claude is awesome at modeling. People are nuts if they think AI is "garbage" at modeling....IMO soup to nuts financial modeling as a critical skill is not going to be important in less than a year westcoastq
+2 Also interviewing for VP roles (although exclusively LMM). Did any of your rounds have technical questions? innoutfan
+2 Lol this is actually true tho. A few of my smart friends are at CVP, PJT, PWP, and Moelis. I don’t think they would’ve chosen them over GS but there’s a certainly an argument over the other BB’s. Analyst 1 in IB-M&A
+2 Better camaraderie in banking, the culture of PE is more cutthroat (would say the vast majority of PE professionals would agree). asdf1248
+2 David Munno at Corbets Isai Peimer as mentioned above is the big gun at BAM, has the flexible mandate to do privates Benson Says
+2 Since being on this gig, there were man things that I've learned about the job that I had no idea before. The lonliness is definitely one of those. Investment Analyst in HF - Other
+2 For sure why not. Maybe it’s a bit odd to say “I’m half polish” in an outreach message especially given you grew up in Ireland. But reach out anyway  Associate 1 in PE - LBOs
+2 Ignore title, am a second year analyst. The best groups to go for undoubtedly are LevFin (of course), consumer and tech ECM, with FIG being a strong runner up if interested in that sector. Prospect in IB - Gen
+2 Ignore title. I went from CB to product team to buyside credit. Had interviews for DL when I was in CB but didn’t land any and moved to product team first Analyst 2 in IB - DCM
+2 By the way, in every asset class there are probably a few funds to avoid. I know the list for my asset class. Worth checking with more experienced women in your industry to know where to not waste time. Associate 1 in PE - LBOs
+2 They’re about to experience the true meaning of pain  Analyst 2 in IB - Gen
+2 Agreed, but I was under the impression that these were his only 2 options. Teller in Non-profit