+2 a lot of canadian re companies are low irr-maxxing currently it seems Analyst 1 in Acct - Tax
+2 Know dozen of top candidates who didn't apply HL RX at all because they aren't interested in RX Analyst 2 in IB-M&A
+2 Not many funds at NYC/SF that pay less than 300k at ~5bn fund size, the only exceptions I know of are HIG and AKKR. Even most of the non-NYC ones pay 300k. Associate 1 in PE - LBOs
+2 Interesting... I am currently a student and have for a long time aspired to become a macro trader (precisely because of Soros and Druckenmiller who started in equities as you said). ran.287
+2 Got hit up by a head hunter. Comp is well below street Associate 1 in IB-M&A
+2 You're not really describing a job or a role.   What's the best job? Oh, a guy who sold his company for $10B cash. Developer in RE - Comm
+2 Meh I think 95% is a bit much but definitely as with many things in life has a bit of luck involved Prospect in IB-M&A
+2 Me and the boys chopping it up at Evercore Calgary Analyst 1 in IB - Cov
+2 VP in RE - Comm Ozymandia
+2 If it was printouts for a pitch then I am sure the discussion didn’t go past slide 3, and no one is reading past slide 5 Associate 1 in IB - Cov
+2 You sound like me.  I was MAcc (my undergrad was in social sciences), and I worked in Big 4 audit after school and got my CPA. odog @digitalimmortality.com
+2 Copying from another thread but still applicable: Associate 1 in PE - LBOs
+2 This lol wsomonkey.123
+2 Congrats on UBS! NBTtmoon
+2 Morgan Stanley lowkey might actually be having a moment again. Feels like the bank spent a few years in the post-pandemic haze while everyone online either glazed EBs or acted like JPM/GS were the only firms that existed. 99twotwo1
+2 Blair without a doubt Associate 1 in IB-M&A
+2 Compared to their MiM yes. The cohort is much lower quality in the essec mif so the outcomes are evidently mediocre... For Paris it can be okay but for London definitely not.  thib56
+2 i appreciate this. i've tried to reconcile w my parents but i dont think we're ever going reunite again, my aunt has tried to facilitate being the mediator of a repair convo but even that my parents refused. wfl225
+2 Probably because you missed this part of my original post: "not fundamental or L/S equity" PM in HF - Other
+2 Your first year out of college is a difficult and sometimes depressing year of transition, with or without the grueling lifestyle of IB, so please be easy on yourself. hocuspocus123
+2 Cool? So I pay rent in dollars per hour worked then? The restaurant on the corner I can pay based on my per-hour income? My mortgage gets paid in dollars per hour worked?  jl12
+2 I see what you mean in your first two points, and while I see validity in the latter half of these first two points that you make, I think it isn't a concern, and these rising requirements will eventually normalize. invessttr
+2 Well AM is boots on the ground and in the weeds. It's exactly how you learn to think like a good owner, which is great. Associate 1 in RE - Comm
+2 Hec is an easy choice. It's a cohort of like 50 top tier students. LBS is closer to 300 now so the outcomes are a bit mixed. Brag680
+2 DL funds will struggle raising new funds and lower performance fee on existing vehicles. Research Analyst in HF - Event
+2 legendary discord reference Intern in IB - Gen
+2 Can you tell us the game changers for if we master the basics Intern in IB-M&A
+2 Status: No bueno Analyst 1 in IB - Gen
+2 Idk if you just work for a shit bank or something but software M&A volume has been hot. We aren’t in the business of selling MM PE shitcos. If your at some garbage MM bank then maybe your career is over. Analyst 1 in IB - Cov
+2 lmao they are overtaking MS in IB advisory fees desping being half the size. Good try bud Analyst 2 in IB - Cov
+2 LOL, nothing is new or ground breaking in Finance. Bankers are not geniuses!  davani1420
+2 Yeah...  what you are seeing is what happens when a business matures. This is why it is important to find a young and growing shop. Not all employers are equal. jl12
+2 i feel the point on avoiding baking but for someone who doesn’t want to code/be a SWE what are the other top $$$ outcomes? Analyst 1 in IB - Cov
+2 Curious on the hours of Lazard tech in SF and culture wise - I got the offer back when I was applying for summer analyst but turned down to go to a BB in NY, but rly wanna go to SF later on; the 2 day wfh is pretty attract Analyst 1 in IB - Gen
+2 Barbarians at the gate 99twotwo1
+2 This lowly goy hopes only that his work may be pleasing to Israel. The goyim team looks forward to your return on Monday Analyst 1 in IB - Gen
+2 Congrats on McMaster Analyst 1 in IB-M&A
+2 Experiencing the same issues here. Broadly targeting opportunistic credit and special situations investing. Feedback I have gotten has mainly been that they aren’t hiring or funds want prior buyside experience. Analyst 2 in IB - Restr
+2 Bain cap, Advent, TA, Berkshire, Charlesbank, THL, Great Hill, Cove Hill, Summit, Parthenon, Audax, Abry, Harbourvest, Baypine… just to name a few. Analyst 1 in PE - LBOs
+2 UBS cares more about what makes them money, weath management. So they reallocate resources from IB to WM. CS merger was absolute failure, every rainmaker MD left to go to other banks. Analyst 1 in IB-M&A
+2 Best there is in restaurant PE. PrivateTechquity 🚀🚀🚀
+2 What I take away from your question is you believe that getting rich is predicated on being smart and I think that's wrong. Wish_I_HadTrustFund
+2 The honest truth is yes, it will be something taken into account. Anonymous Monkey
+2 was same boat as you, also didn't receive RO from hl/jeff this year. was able to land at a diff mm bank this month. Intern in IB - Cov
+2 - Analyst 1 in IB - Cov
+2 Lmao bro sees a Q&A about women in finance and first question is "will you date me" be fr dawg Analyst 1 in IB - Cov
+2 Following, currently a PE ASO1 who had a much better experience (and lower hours) in a good-culture IB group. Associate 1 in PE - LBOs
+2 It's funny because the E for Empire is long gone VP in IB-M&A
+2 I left to do 3. Associate 1 in PE - LBOs
+2 First off, congrats on the internship. Landing at a shop like TCR or Wood Partners in this environment is a massive win. Learn everything you can. MitchtheREguy
+2 That is true, perspective is everything. If I think that I am the shit then I will be the shit vs me thinking thinking that I am a chud and so I will be a chud.  younggoodmanbrown
+2 Recruit out. I would evaluate this on when your firm last raised a fund, history of promoting associates, and how large the associate classes are. Associate 1 in PE - LBOs
+2 WSO really loves zombie funds. I guess it makes sense because their juniors do not have any capital to deploy so can spend their time writing positive stories about their funds.  Associate 1 in PE - LBOs
+2 Did not realize they exited so well to GTCR, will bump up Analyst 1 in IB - Gen
+2 Guys what are we doing here johnnypython
+2 LSE>Imperial in finance masters. LSE is tier 1 imperial is not. (except for STEM obviously) So go with LSE.  goriecs
+2 Interviewed for a VP role on the digital infrastructure team in Chicago last year. Quoted 225K base + 100% bonus + carry  Analyst 1 in CorpFin
+2 Brother it's very clear that you are retarded. Btw changing your profile from an2 to ass1 doesnt hide the fact that you're the same account.  auckfndover
+2 Tell your team you have been getting killed and are noticing a drop in your effectiveness / function and need to get some sleep. Take a one night reset and log off by 10 and actually get some sleep. Analyst 1 in IB - Gen
+2 Not entirely sure on all of the aforementioned but pretty sure AEA, Amsec, and GI are all struggling with performance and/or fundraising (4-5+ years of fundraising for a handful of them). Associate 2 in PE - LBOs
+2 It depends on group reputation. I didn’t even know GS had an M&A group. From what I remember MS for example has a proper M&A team The model will be held by the M&A team at quite a few banks Associate 1 in PE - LBOs
+2 (Still me) I for instance have never done an operating model from scratch to finish. Some stuff here and there  Associate 1 in PE - LBOs
+2 Tier 1a - Q (probably the best in tech M&A), GS TMT SF (GS brand is just too strong) Analyst 1 in IB-M&A
+2 Intern in IB - Cov
+2 A lot of them did not go to good undergraduate schools and did not have desirable careers pre-MBA. The best MBA associates who were not bankers often were big four accountants or consultants. maestro_
+2 T20 btw Intern in IB - Cov
+2 Removing DEI from board selection is a bold step. I wonder if this reflects a change in internal strategy or is more about optics and regulatory considerations. huanlamunov
+2 Great to see you have the humility and done some self reflection - that’s not always present in candidates. Certainly something I look for when hiring. MultifamilyGuy
+2 Networking post-grad falls into two camps. 1) networking with people in your firm (peers, seniors, etc.) through deals or general exposure to one another  PEPrincess
+2 Can't hurt. It won't really increase your chances of anything. If anything, would recommend something else that you enjoy (whether that be poli sci or psych or something of the sort). Prospect in IB-M&A
+2 As anyone in platform HF will tell you -- whatever is possible is completely depedent on your PM and your relationship with him/her. I've seen PMs at both ends of the spectrum. Investment Analyst in HF - Other
+2 I think why comparisons are hard is because in MBB, you don’t get assigned to a “group” like PE due diligence in the same way you are assigned a group in IB. PEPrincess
+2 PPE is a known quantity major at Penn, so I would imagine a Brown version would be recognized along the same lines. You shouldn’t have any issues there. CRE
+2 Personally, I've seen more full discretion to semi-discretion/systematic, than full systematic to it.  dcccc
+2 Depends, RX or M&A? RX, it's EVR by a country mile, M&A, it depends on the type of experience you're looking for and what you want out of banking. Prospect in IB-M&A
+2 Yup definitely agree. Seemed rock solid at the time. burningboat
+2 Generally is there one or multiple wave for these S&T programs? Also do yall typically get rejection emails or just ghosted? Maximizing Shareholder Value
+2 You genuinely sound like a Linkedin NPC wuandale33
+2 I rly hope it works out for you man that'd be such an inspiration, makes me really think about how privileged I am WinterTheatre
+2 Thanks for this response. To be honest, I didn't feel deflated as I'm always eager for constructive criticism and it's helpful to get outside opinions considering I'm an external candidate. EPchange
+2 The GP stake is only very valuable if you bought it before the secondaries investors came in. And most large funds have one now. VP in PE - LBOs
+2 Rabobank is big on lions rooseveltfan
+2 I've thought a lot about this and the problem really has to do with sequencing of returns. Lester Freamon
+2 I don’t agree with this at all. WeTtEr
+2 You predicted it lmao Intern in PE - LBOs
+2 Did you have a feedback session with your boss? Ask him how you can be better at your job? I would focus on that. MMPM
+2 Delete chimpuser2333
+2 been getting cranked by the bank's terms, so around 7:30 recently. 6-6:30 on Fridays. Analyst 1 in IB - Gen
+2 I have no idea but I got rammed by an 8' monster yday Analyst 2 in IB - Cov
+2 Let's take law for example or medicine. Why are those skills any more "true" or real than the ones learned in IB? nutmegger189
+2 What’s the source? Analyst 2 in IB - Cov
+2 Hasn't this been asked.... 1,000,000x on WSO previously? Is your search bar broken buddy? VP in PE - LBOs
+2 ill add as I went to Schack. You can work while attending the program. I would say do FT for the first year until you can find an internship/full time position. Associate 1 in RE - Comm
+2 No one still talks about Coalesce being hot though. They are bleeding senior folk and have not much to show for their fund yet. It just got hyped up early because Stephanie was a great investor at WP Associate 2 in PE - LBOs
+2 Did my analyst years at MS HC SF. Enjoyed my time and look back fondly. asdf1248
+2 It’s not saving a week, it’s saving ~4-6 weeks, which is a massive difference. Another point is BSL  can’t do unitranche - BSL is willing to take the same amount of risk but not in one tranche. deas7
+2 Wouldn’t be surprised if UBS evntually emoves to a one person deal team to max revenue per head. Analyst 3+ in IB - Cov
+2 I hate the so-busy-right-now BS. It's like, hey, I work closely with this person or that person, I know they don't have jack shit going on, but when talking to others in the industry, they say they're swamped. Principal in RE - Comm
+2 Just make sure to get into PBL and IIG, according to my cousin those place lights out year in year out NS_Loves_Peen
+2 Out of curiosity, how can you possibly be pulling 90+ hours a week on no deals? are you just consistently on 2+ burner pitches that you never win? Analyst 1 in IB-M&A