Highest Ranked Comments In The Last Year

+3 Dude’s a clown - the fund is like half INTC - that’s really the big AI megatrend beneficiary according to some guy who got “pushed out” of OpenAI?  And LPs are willing to pay for that?  Wild stuff. VP in PE - LBOs
+3 One time my EA sent me to the wrong city, no joke. Probably entirely my fault but I was having a rough patch so yeah linter
+3 Anything is better than that stupid CapIQ Pro Excel plugin Analyst 1 in IB - Cov
+3 Its more mature now but the europe is like 4-5 years behind the US in DL but the euro banks also compete more aggressively with PC there. VP in PE - Other
+3 You want to work at a bank under one of the most notorious bankers of all time You want to work at one of the strongest banks across all business lines Intern in IB - Gen
+3 Forgot Baird industrials- pls fix tfgf
+3 Second this. What people often miss is that many Evercore London teams share P&L with NY, so London analysts work on large US deals, not just European flow. Analyst 1 in IB-M&A
+3 I can think of a few.  First off, he has to pay for it. Ozymandia
+3 Same can be said for IB/PE requiring human touch given no acquisition/divestiture/investment is 1+1=2. Associate 1 in PE - LBOs
+3 The reason you're not finding good L/S pitch examples online is that the best ones never leave the room. Funds don't publish them and candidates who get offers don't share them. thefinalpitch
+3 Older sibling interned this summer - mentioned there were some strong exits across both M&A and RX in NYC including KKR (don’t know which sector group), Advent, Bain NAPE, Apollo Flagship among others. earnindadough
+3 I work in Coverage. So take my views with a pinch of salt. However. Count WACCula
+3 They dont want americans for junior roles. They want quant grinders who can do modeling. These people usually get cut at the Sr Aso and Dir level, when it becomes clear they have no commercial ability. Analyst 1 in IB - Gen
+3 You've misinterpreted what I've said. Building in lead time can be just as much a function of how much the associate cares about the end product vs. the quality of the analyst. Associate 1 in IB - Cov
+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 EBs have a more finance Hardo culture, not a more intellectual culture. Knowing you want to do finance from high school does not make you an intellectual. Associate 2 in PE - LBOs
+3 Held stolen nazi money and covered it up Works at Citigroup
+3 Reach out to the BBs or whatever and say you have an exploding offer but would rather go there and see if they respond? Works at Citigroup
+3 Real estate for sure. For those saying crypto you have it all wrong. The people getting rich in crypto are retarded but they are not dumb.  Raijin
+3 Assumming that you are not doomed by DEI/Non EEA lang speaker etc etc it wont matter that much unless you are dead set on IBD / S&T. Gainone1572
+3 HL is Paradis Intern in IB - CB
+3 Isaiah, smh no one wants to read AI slop on these forums ky9xnsz
+3 They can leave right? Or bring it up in a room?  Why here? Associate 1 in IB-M&A
+3 Tier 4**** UBS isnt a BB in the US. Analyst 1 in IB - Gen
+3 Happy to help. OFFERGOBLIN
+3 Very good perspective.  luke8
+3 Adapt. Over generalizations on what will happen are inaccurate because nobody knows. What’s clear is the nature of work will change and hence the nature of hiring will change. Partner in PE - LBOs
+3 maybe have the leadership program stuff as a short point in the leadership/extracurricular section? ILOVEBANANAS123
+3 No, so you are correct, I meant to say it's stripped. You split with Fannie 50/50, though some allowances for smaller loan sizes and highly affordable, before the fee splitting comes in. VP in RE - Comm
+3 Nice work. It's important when you participate in a community to get what you need out of it, then salt the earth so nobody else with the same questions as you can benefit  G M A N
+3 While IQ is important for pattern recognition, there is a point at which you have marginal diminishing returns. I believe, in trading, what is equally if not of more importance is actually RQ (Rationality Quotient). PM in HF - Macro
+3 I'm not super knowledgeable, but happy to provide a little insight.  I want to preface by saying it's not the end of the world if you don't get a sophomore summer internship. Saltyguy57
+3 Right. Totally the same thing. This is excellent equivalence and very relevant. Good job. user_5991
+3 I'm under 40, but definitely well over 30. Deo et Patriae
+3 Associates have definitely declined, but not all their fault. The associates now went to college during COVID and may have had their first roles be in remote or hybrid settings. StrategyJunkie
+3 If you think you are early to secondaries, I have some cov lite private credit loans to sell you at par. It’s not underrated, it’s well understood. Secondaries funds have existed since pre GFC. Analyst 3+ in IB - Cov
+3 The more senior you get, the less brand matters and it’s more about your specific role and path. Scurvecap
+3 Alright, I'll bite. So a really important thing that I want to stress right off the bat, is that the jobs that the internet, especially WSO, talks about represent about 1 percent of the entire finance industry. Substack_Guy
+3 Agree with you. Just sent you a banana.  Analyst 2 in IB-M&A
+3 UC Davis and it’s not even close crazylifechoices
+3 Ya definitely can look around the room of agency production analysts and are hard pressed to find somebody over the age of 26. Analyst 1 in RE - Comm
+3 Ultimately if all goes well / according to generic plan you will end up at 1 PE fund. Hags28
+3 Intern in IB - Cov
+3 Creating a website where instead of having fun playing poker and testing your skills against other humans, people could just bet on bots playing other bots in poker. PokerSlopWars
+3 Currently at an IS - do not recommend. From what I’ve gathered, IS comp structures vary. However, I have a similar comp structure to you except fewer $$. cristiano_ronaldo7
+3 Received a workday and will update compellingrainbow
+3 William Blair? Intern in IB - Cov
+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 Banks don’t worship pedigree as much as they run a bandwidth model. They pick a few schools, embed alumni, and try to know every top candidate there. OFFERGOBLIN
+3 holy shit solomon partners is paradise Analyst 1 in IB-M&A
+3 1-2 calls a firm isn’t enough lol. You know how many Harvard / Wharton kids with near perfect GPAs, that are in every club and interned at a mm pe firm we get. Analyst 1 in IB - Cov
+3 you can also start fresh session to audit your current models without getting biased on its previous work  GS under Blankfein
+3 Unless you think you won't get the A2A at your current bank or you're going to a much better bank, the move does not make a lot of sense.  Associate 2 in IB - Restr
+3 Crypto (-coins) is not a registered security, nothing to declare JamieDimonkey
+3 LAZ still on that tier? Would assume EVR and PJT better now Prospect in IB-M&A
+3 Rapepublicans are cooked in November. ballsdeep singh
+3 Another perspective would be to join a PE firm as an operating partner or consultant and try to prove out your thesis. StrategyJunkie
+3 Friends & family money > do first acquisition 100% equity > prove that your playbook works > raise from VCs > raise debt Associate 1 in PE - Other
+3 Go with SGH, it's not difficult to maintain good GPA if you are not a baboon (maybe wrong example, these are highly intelligent monkeys). SGH still has better reputation. PapiezBankier
+3 Hi,  Dubai_IB
+3 Focus on getting an offer. I think prospects miss the forrest for the trees. Associate 1 in PE - LBOs
+3 above commenters are more encouraging so ill take the more pessimistic view and my honest take. Analyst 1 in HF - EquityHedge
+3 Just to level set, questions like this are hard as I don’t know your background but assuming you’ll break into banking is a massive assumption. Analyst 1 in IB - Cov
+3 del Associate 1 in RE - Comm
+3 Space travel and robotics. WSO_123
+3 Was UBS ever anyones first choice? bestman222
+3 Lots of nuances on the M&A flow question Are you looking at total deal values, or total fees?Global or US?M&A or total IB? RBOB_squarepants
+3 Kevin25: Associate Consultant in Consulting
+3 god’s fiddy sent two burner wso accounts with 0 post history to defend him Boss calls were made Intern in IB-M&A
+3 Based PaulAllenIsInLondon
+3 Right off the bat, S&T is not an alternative to IB. That's comparing apples to oranges.  Prospect in Risk Mnmgt
+3 Can't get more niche than this one: pitch dot black dot industries Licensed brothel properties only, fixed unit trust SPV format. Shareholders can be foreigners 40%, with no duty / no tax. Sydney, Australia. wentingzhang
+3 I can’t speak to recruiting at American schools but I can for Canada. The only two options that give you a real shot at the US are Western (ivey) and Queens (Commerce). Prospect in IB-M&A
+3 Remains to be seen how this turns out. If OW tries to impose their signature mgmt consulting bs culture on the CR3 guys it's gonna be hard. Associate 3 in PE - LBOs
+3 I’m prob not gonna say anything groundbreaking or that isnt already obvious / well understood. But it’s definitely challenged. More niche and smaller landscape. Not as transferable to other types of PE. Associate 3 in PE - LBOs
+3 Frutiger light mentioned  Prospect in IB - Gen
+3 From my experience (I have a BB offer and several friends in IB in Madrid)-Most BBs and some MMs (Nomura, Jefferies) are around €80k- €85k base + bonus, with bonuses varying a lot year to year-Laz is ~€75k base but typical Analyst 1 in IB-M&A
+3 Industrials - yes, especially in Germany. Managing Director in IB - Cov
+3 Don't know the individual well but I know a former IB analyst who spent a few years in a non-healthcare coverage group. Now he's a surgery resident. Business School in CorpStrat
+3 You can go back because you have experience. I would start building a pipeline and brushing up on your techs. Nepotism Nick
+3 Seeing many comments speaking on behalf of Emory, yet it’s clear from what they’re saying that they didn’t go there nor have a clue what the recruiting process looks like. Prospect in IB - Gen
+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 This happened to me 2 years ago when I left Barclays and I remember being pissed about it. Also the dog shit 2nd year bonuses. But that’s why you leave Barclays 🤷 Associate 1 in PE - LBOs
+3 Yup. Sometimes I think though, a good amount of revenue generation is luck. It's visible in cyber. Why do some companies get insane ARR and valuations while others are left in the dark? Matchabee
+3 I would not consider joining the infrastructure team. Analyst 1 in IB-M&A
+3 Guarantees have come down for the credit seats and often are effectively an earn-out on your share of P&L (effectively if you don't put up enough P&L to cover your guarantee your P&L the next year goes towards wsj43
+3 FinBroAnonymous
+3 This is OP. We had literally the same experience, 1 year apart and opposite coast.- Recruiter had no idea what the job was. I had to double check that this was an internal recruiter rather than a recruiting company Associate 1 in RE - Comm
+3 Just to share my thought, I’m not even sure “high finance” is that high anymore haha. If you’re not in uni yet, honestly, I’d really encourage you to explore more options, especially in AI or tech. TBDZ
+3 Third option nobody's considering: build the tool that automates what the analyst does so the MD doesn't need to hire one. 2coolfinancebro
+3 Del DelusionalDave
+3 I have seen this happen to both a VP and a junior director at a BB that I used to work at. VP in IB - Cov
+3 What on earth is going on with all these soft VPs…? I’m a VP at MF and my life is great and I’m so happy. I absolutely GRINDED from analyst to VP, and now my job is so chill relative the grunt days. VP in PE - Other
+3 I think your synthesis is spot on. However I’d recommend not looking at FT for datapoints, who knows how they’re calcing. Analyst 1 in Non-profit
+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 Pray chickendancer13
+3 IIRC it’s something like: $130k base first 5 months + $180k stubbed$140k base first full year + $250k$150k base the next year + $270k Associate 1 in PE - LBOs
+3 Citi. VP in IB - Cov
+3 Damn she just quit too very topical Analyst 2 in IB - Cov
+3 Based on some of your guidance provided, it seems its better to focus on gaining buy-side experience over staying at the sell-side. Associate 2 in IB - Gen