+3 Let's assume nothing changes with jobs first.  The role of the institutional salesperson is to connect odd people with odd people, sellside analysts with buyside analysts and PM's. andrewmeister
+3 No balance sheet = not a BB TLBandChill
+3 Thank you sophomore; hope dodge and cox pitch comp went well rxconswarr
+3 Great data, I bet Wells looks crazy too. Just a crazy consolidation of the industry sucking the air out of mediocre platforms like UBS Associate 2 in IB - Cov
+3 This is the most insane thing I've ever heard. therealgekko
+3 I’ll always SB a decent Paradise post. VP in PE - LBOs
+3 UBS > DB LOL VP in IB - Cov
+3 If you need substances then this industry is not for you. This isn't the damn TV or the movies, it is a normal office job. Analyst 2 in IB - Gen
+3 You’re probably spoiled and bored, but that doesn’t have to be a reason to not make a change. Life’s short. If you want to do something else, do it.  CRE
+3 Great use of AI by the way, and I don’t mean that sarcastically either liquidiot
+3 Yeah I've heard first yrs at Shea clearing ~$230k Any 2 IB - Cov.
+3 Have not seen the financials, but the franchise has improved definitely over the last decade. sokaj
+3 Numbers from Claude but that appears to be the case  Analyst 2 in IB - Cov
+3 This is for Toronto bro usualchimp
+3 can you elaborate? was thinking of recruiting here but sounds like a shitshow and not bullish on whoever came from Guggenheim (any insight on the people would be helpful too). Analyst 1 in IB - Gen
+3 Bro…. Associate 2 in IB - Cov
+3 Both seniors getting fired soon. Another one being transferred out of IB.  Analyst 2 in IB - Cov
+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 I have and thank you so much for all the valuable advice!! I found your answer regarding resources incredibly helpful and will be reading up on those in the upcoming weeks. Prospect in IB - Restr
+3 Senior Associate in MFPE (got VP promote) in NYC. 2 years at EB before. Age: 27 Net Worth: ~$750k ex. carry Associate 1 in PE - LBOs
+3 From a professional standpoint, MS Menlo is prob better than any non TMT classics IBD team (prob in line with GS TMT in terms of tech dealflow) Analyst 2 in IB - Cov
+3 Anonymous Monkey: Associate 2 in IB - Cov
+3 WLB is fine, but the culture here is bad, and I mean really bad. The leadership is unkind and completely withdrawn from junior level. The VPs could not care less about you. Analyst 2 in IB-M&A
+3 You’re talking about equity capital markets. What does LevFin and sponsors have to do with it? BBs aren’t a tier list lol. Jefferies isn’t a BB.  Analyst 1 in IB - Gen
+3 Can’t tell what they lowball more, their employees or their IOIs Analyst 1 in IB - Cov
+3 Am current MBA student at M7, any best resources to be using? Know that our banking club provides guides on timelines and etc. Also did you feel like EB interviews are harder than BBs or no noticable differences? Intern in AM - Equities
+3 Never thought I’d see Chattanooga, TN mentioned on here. My old banking MD who was obsessed with The Smurfs was originally from there. VP in PE - LBOs
+3 Not concerned at all for a couple reasons: 1) all the big renewable developers are safeharboring equipment so that they get essentially another 3-4 years of runway to complete projects and claim the ITC, 2) massive increas Director in CB
+3 Let’s say a bit more! Or perhaps this topic is worth its own thread.  econometricks
+3 From reading this thread and other comments about AI in the industry, it seems like many still think we’re in the LLM chatbot phase. Hardo Intern
+3 Congrats on Concordia in your freshman year! Prospect in IB-M&A
+3 Hey, you’re in a pretty normal spot tbh and 28 with 4 years of experience is actually a good time to do this. Kevin W.
+3 No real deal flow, at least not on the scale of a bb, and pretty terrible overall. Associate 2 in IB - Cov
+3 My old group had 1-2 Bloomberg licenses for specific idiosyncratic pulls, it was so much worse than everyone having a FactSet.  Associate 3 in IB-M&A
+3 Congrats on UBS! Analyst 2 in IB - Cov
+3 Non-PE/Finance guy chiming in here… Age: 35 Years of Work: 13 (graduated 2012) Current Role: Government Employee Principal in RE - Comm
+3 There are many. Currently working in one - pay is definitely above market (way above banking and higher than most mega funds). I personally never had to take a pay cut throughout my career. Associate 1 in PE - LBOs
+3 Jefferies bro, they are so frat. Intern in IB - Gen
+3 I appreciate you have a view that bad loans have been made. All people in DL know that to be the case. Associate 3 in PE - Other
+3 I am 8-10 yrs out of school at this pt so will weigh in. The only ppl who seem miserable in finance are those with no hobbies. Their whole life revolves around bs status games and they live like mimetic monkeys. Analyst 3+ in IB - Cov
+3 Next time you eat chipotle go in his office and return the favor mara20
+3 congrats on BMO M&M!  Intern in IB-M&A
+3 Ngl people were doing this stuff when I was recruiting 4+ years ago. Whatever it takes enit. Unfortunately the issue is it has become significantly more widespread. Research Analyst in ER
+3 Went into IB with the same concerns you do. My girl and I are getting married this summer. Don’t throw something away over a hunch, see if it’ll work out ! Analyst 1 in IB-M&A
+3 Hi, thanks for doing this!  Intern in HF - Other
+3 Coming from a software operator side, I’d like to point out that software is not attractive anymore primarily because writing code is not the bottleneck anymore. monkeyvjit
+3 Facts this is the finance equivalent of a dad getting his son a job at Burger King. Yes it’s nepotism but should you really care?  Analyst 1 in IB-M&A
+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 Definitely laz, especially if you want healthcare, consumer, energy. way better culture and exits oogway0408
+3 What’s the 10YR ROI if most of the intelligent ppl I went to UG with aren’t getting MBAs anymore? Analyst 3+ in IB - Cov
+3 Its a bit circular. You can almost think of it like Ebay shareholders paying themselves. Lester Grossman
+3 Reading Benjamin Graham is like learning how to use an Abacus to calculate a restaurant bill tip. Analyst 3+ in IB - Cov
+3 if this happened in France the Government would be overthrown in a week, so what does this say about the US? GS under Blankfein
+3 The Core, as in Evercore, just poached their head of restructuring. meatrocket
+3 Agree with this commenter. I get that you’re very eager and it’s a good thing in good measure. Nobody cares about goodwill, this question is way too in the weeds even for an accountant. Analyst 2 in IB - Cov
+3 Just don't cover their assigned work and the ASO/VP can address that.  Associate 3 in IB-M&A
+3 Take a page from Rana playbook maybe? Partner in HF - Event
+3 Congrats on bigot wolfofwallstreetchestbeat
+3 holy fuck ur betting on 300-400k on biotech which typically has binary outcomes with clinical trials. Unless you have some edge on this company might as well hit the casino anonf0fty
+3 Hey — I was actually in a really similar spot when I was choosing schools, so I wanted to give you a real perspective beyond what you see online. SmartApeETF
+3 Fair enough. regarding Israel, obviously I am not gonna bring up the convo, unless someone directly asks me what i think and ill just say what they're doing in gaza is horrible and obviously oct 7 is horrible too. Soccerchamp
+3 > Deal is penciling at a 6 cap on both entry and exit > I must underwrite 50bps of cap rate expansion because I’m a prudent investor and I’m very smart > Change exit cap to 6.5 CREShark
+3 I think a lot of this is highly personal dependent. Dow70K
+3 tons of assholes in PE, but also high pressure, no time and sleep deprived. However, and saying this as an ex Consultant, consulting is overly cuddly and infantile. VP in PE - LBOs
+3 The tried and true path is to go find the most reputable deal guys in your market who have an established track record. Explain your background, your financial situation, and ask to office with them. laffer
+3 So to caveat all this, almost everyone who chooses Path A will, at some point, look at Path B and think "did I miss something", which is pretty natural. Associate 1 in Private Credit
+3 Depends, I worked at a MM shop and averaged around 70/wk for most of my stint. I routinely had 80 hour weeks, and some of my colleagues with shittier staffings worked 100+/wk for stretches. Analyst 2 in IB - Gen
+3 I am a commercial appraiser working in the largest market on the West Coast. johndegriogo
+3 Welcome to PE man. This isn’t summer camp. I did MBB for almost 4 years so I understand the transition you’re experiencing. Reality is people are busy and trying to make money. They have families and stuff. Associate 3 in PE - LBOs
+3 To address one of the supplementary points you make, I can take a pass at the increase in nervousness. Have you ever seen, or heard of Free Solo, a documentary about Alex Honold? Deal Team Six
+3 H1Bs exist only if companies can’t find anyone qualified. With that much interest in IB, that’s just a straight up lie that there wasn’t a single American who could fill that role Associate 3 in IB-M&A
+3 Nobody questions Asians in quant roles, as they are typically attracted to those roles and good at them. BananasIBMonkey
+3 If someone went to high school outside the US, just know that working for them is likely a very shitty experience  Analyst 2 in IB - Cov
+3 trump obviously has zero principles and can't even execute deportations right. everything he does is to craft a false image he's doing something other than playing golf Intern in IB - Cov
+3 maybe not at the summer analyst/ analyst 1 level but the office transfer + mba pipeline is crawling with non americans Intern in IB - Cov
+3 Having reviewed easily 50+ candidates over the years, the main thing for me is: making sure you’re not looking at your notes - it’s way more obvious than you’d think and stands out so much vs others who don’t. Broketree Capital
+3 It's hard to say across all of these. There are funds which make money and tons which don't. Make no mistake, there is a lot of capital in the special sits place and it's not easy to deploy. Analyst 1 in IB - Restr
+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 They don’t make the comp decisions based directly on number of H1b holders, but it’s adjacent to that. VP in IB - Gen
+3 For those of you who are still interested in this thread, you need to underwrite at a nearly 0 terminal value at vacancy. Most data centers are woefully inadaquate to be released even to data center operators. PEarbitrage
+3 You took a different path than most military. There are a lot of programs in place for direct transition without MBA but the problem you’ll face is they’re more oriented toward folks with no biz experience. Associate 1 in IB - Gen
+3 Offer in my hand, no offer in your hand... PaulAllenIsInLondon
+3 If I can be blunt. Why do you want to work in Distressed credit, this could be a blessing in disguise man. Principal in HF - Other
+3 He’s not paying you. Print another great year, document your results, and reach out to the folks at DSP/Odyssey/SearchOne to find you a good home. Good luck. Associate 3 in HF - Event
+3 I hear you and thank you for sharing.  It is not easy going through what you're describing. Principal in HF - Other
+3 It’s over when you decide it’s over, fix weak parts of your candidacy. Ik kids who placed in April and even June. Good luck. Intern in IB - Gen
+3 Active engagement is a painful way to make money and not worth the brain damage. Managing Director in S&T - Equities
+3 Going straight down: Summer Associate in Consulting
+3 But they said they are middle bucket in one of the least productive groups in the firm... sheldonxp
+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 Highly likely that the error is on their end, not yours.  Sign of the times.  CRE
+3 congratulations on the offer & counter. Wish I could help more but the only person that can answer this question is you.  Associate 1 in IB - Gen
+3 Fair enough, you make a good argument. I think the key point I’m trying to convey to OP is that what is best for IB isn’t always what is best for pedigree overall. Associate 2 in IB - Cov
+3 I have agoraphobia and have been suffering from it for a couple of years. It's not an easy fight, but it gets better with time. I have suffered from panic and anxiety for over a decade, and just recently (approx. yourrichuncle
+3 Retards who thought this would be a 2-day war are very silent these days LMAO 8'Banana_Stacker'2
+3 Yeah I’m an A2A at the same firm.  Exactly what you’re talking about.  I have a close relationship with a Director and MD at my firm who request me for everything.  I essentially only get staffed with them. Associate 1 in IB-M&A
+3 MM seems like a much better choice from the outside for someone at your experience level. 3 reasons capitolahola
+3 Kids with pedigree and high investment in their education are generally in better seats… woah really connected the dots here my guy, no one has ever realized this Intern in IB - Gen
+3 It’s what the guy said above about the multiple compression. Associate 1 in IB - Restr
+3 Could exit into FDD, but this is almost an end in and of itself, as there's not much point in going from valuations to FDD for the sake of IB/Buy side. Big 4 Val --> IB happens. Dusty.Brad-22