+2 Hey I just wanted to quickly ask you about  marketMergerMaddie
+2 If it’s not good enough what are you gonna do? Lie about it? Probably good for Baird and the like   Prospect in IB - Gen
+2 Investment Analyst in HF - Other Works at The Family Office
+2 People aren’t responding to shit now. We are trying to close deals before the new year and nobody is trying to work after Dec 20th. I imagine our bankers on our deals are cranking even harder than we are. local_finance_bro
+2 Bro good luck if this thought crossed your mind! Absolutely do not flirt in coffee chats, if you want to mention your fraternity do some DD on who you’re talking to. If they were in Greek life, mention it. seekinthealpha1
+2 For rich kids who want to party in London. Might only be useful if you are considering an MSc at LSE which may help your application designa888
+2 WLB: both suck ass unless you are DB/UBS M&A Comp: EVR Learning: EVR due to lean team and you are doing the job of two (coverage + M&A) for one Relocation: BB Analyst 1 in IB - Gen
+2 edit mburnin890z
+2 they dont do the most debt work outside of a few niches so doubt thats a main focus area for exits but im guessing they could if they wanted to.  Analyst 1 in IB - Cov
+2 I've thought about this topic a lot actually. ResMan
+2 Could play out in a million ways. The process of getting back par isnt a straight forward path. Loans could trade up due to performance etc. company could refinance 1L, do an out of court or an in court rx. Associate 3 in PE - Other
+2 What helped me most wasn’t redoing full cases end-to-end but drilling components until they were muscle memory: sources/uses, debt schedule, returns bridge, sensitivities. EasyBakeBanana
+2 That seems low for Private Credit. Is this a PM role? Analyst 1 in Private Credit
+2 It will not be hard to move from Dallas to NYC. In fact, I would argue that it will be easy. Getting a BB on your resume is more important than location. This might be the most optimal situation in my eyes. Associate 2 in PE - Other
+2 Whoever commented that they’re shutting the strategy down evidently doesn’t work in MFPE Associate 1 in PE - LBOs
+2 Maybe, though I think BXPE, relative to BREIT which faced similar challenges in 2022, has better liquidity control with advanced notice, soft lock ups, and quarterly redemption caps. Investment Analyst in HF - Other
+2 Here’s my bet: there will be several first movers that replace all humans with AI and something really bad will inevitably happen due to the AI’s decision making, which will lead governments to regulate the use of AI (e.g. monkeyvjit
+2 If you genuinely don't know which side of the coin you would prefer, go with the biggest name. It will make re-recruiting easier if you make the wrong choice.  CRE
+2 I donate a portion of my salary to education and career programs for low-income special needs kids in my hometown, as I used to be one of them myself. Analyst 1 in IB - Gen
+2 LBS MFA is good. Their cohort is very big now though (300 ish students) so you'll see more diluted outcomes. Cambridge is the most selective out of these but not as good professionally. adrien3
+2 Investment Analyst in HF - Other Works at The Family Office
+2 Congrats on the new home.  Commodity.Chimp
+2 University of Alaska, Anchorage lucien_de_montclair
+2 The FT article is pretty silly and reads more like paid advertising than real journalism.  Associate 2 in PE - LBOs
+2 WorstOfBothWorlds TechBanking
+2 I've seen people switch from O&G to Industrials or capital markets, Lev Fin specifically. Where there is a will there is a way. You're at least in the ballpark vs people not in IB at all. Associate 1 in IB - Cov
+2 Interesting. 5 years at a pod shop means he’s either been lucky or is pretty good, might be both. FT remote is odd and frankly shocking. Investment Analyst in HF - Other
+2 Honestly, this plan doesn't take many things into consideration, and it's much harder than you think to achieve the goals you've set. analystbabooon
+2 Finance being harsh to everyone doesn’t mean bias can’t also exist. Those aren’t mutually exclusive dynamics. Associate 1 in PE - LBOs
+2 Associates - 4 is the absolute max, I lived it through my associate years and did not have bandwidth to look at a new platform. VP in PE - LBOs
+2 On weekend…end of August…just prior to LDW… Associate 1 in IB-M&A
+2 Financial Analyst 2.5 Ozymandia
+2 I’ll take it for you. I want the cash up-front and there’s no guarantee I/you pass. Edit: didn’t mean to reply in chain dantheman_1_01_01
+2 Is this only evercore? any updates on other EBs? w5rbbbb77j
+2 You mentioned being in asset management, but that type of environment is usually somewhat at odds with the aggressive, hyper-fixated investing style you repeatedly described. Associate 1 in PE - LBOs
+2 toxic team - don't bother going through with it Intern in IB-M&A
+2 So in your view being a judge at the UK Soupreme Court wouldn't be prestigious because he doesn't own a 18th century mansion? lmao  GS under Blankfein
+2 Intern in IB - CovI kicked it and abused it Bro thought he was in Office Space Analyst 1 in IB - CB
+2 Try to sleep with her...no matter the outcome it will solve your problem of her constantly calling you. Smoke Frog
+2 Work is entirely capital markets based. Their main job is to yell at High Yield or TLB sales teams to sell the bond or loan. maestro_
+2 You should know the basic stats about the deal still, but no you don’t need to have owned the model. Just like how if you owned the model but don’t know anything about the business, that would get you SUPER dinged. asdf1248
+2 Wild that you want to unionize after losing your meal stipend lol  Intern in IB - Gen
+2 Lmao talk about dumb. This post just takes the cake. Btw I'll let you in on a secret: China can buy oil elsewhere. mayoineko
+2 Gonna touch some grass for some of the people viewing this thread. Peg Leg
+2 Just a sign of things to come for a lot of funds that grew to above $10b IMO. Works at The Family Office
+2 You will be able to find an investing role coming out of either. I’ve seen plenty with no pre MBA finance experience do so. Will it be tough? Yes. Will you go straight to VP at a MF? Probably not. Associate 1 in IB - Gen
+2 Let's hear some EB numbers people Associate 1 in IB - Cov
+2 You need to wait until at least the 6 month mark to start thinking about lateraling. Ideally wait for closer to 1 year in order for people to not really care about the lack of return offer from the internship. Associate 1 in PE - Growth
+2 Have not heard about LP discontent. The people leaving seem to be pursuing more lucrative opportunities or exploring a more entrepreneurial path. It is a large platform with substantial flow and sponsor relationships. Swine-Linked-Notes
+2 usernameladiesman217A mac will barely survive 7 tabs being open.  Genuinely braindead comment CRE
+2 Everyone knows this, yet keeps pushing to do the same one day. What's wrong with us? monkeyvjit
+2 OP here, thanks for all your answers  Prospect in S&T - FI
+2 for anonymity will be vague. I’m in FICC, the main contributor to comp is having pnl attribution. I don’t think bank has been a relevant factor. I’d say this is on the higher end but isn’t “ crazy” Analyst 1 in S&T - FI
+2 Document, put it in text/email/teams/IB that you are not comfortable with those unwanted personal inquiries not training-related during those meetings that have been put on your calendar. JamieDimonkey
+2 @PaldBenis Thanks for Prospect in IB-M&A
+2 Welcome to WSO, where analysts spend 12 months doing monkey tasks then suddenly have all the confidence in the world to spit out BS. It's all across this site. Associate 3 in RE - Comm
+2 Do skills really repeatedly work for you guys? I feel like I need to constantly remind it of even simple instructions within a skill (stuff that id think would be as easy to remember as brevity/length of a memo section). Associate 3 in PE - LBOs
+2 You're at a top target with an amazing internship under your belt - this is just a hiccup. Manager in CorpStrat
+2 Having worked across FIG, industrials, healthcare, infrastructure, power & utilities, real estate and TMT, the ranking are as follows:1. PPP (greenfield) 2. Regulated Utilities ED_IB
+2 RV trader/junior PM, not really sure what title to exactly give myself but I do have a well sized book. I can do some discretionary stuff too, it's a macro pod as a whole. I just like the RV stuff the most usernameladiesman217
+2 Dragoneer and "Welly" are very similar firms indeed Research Analyst in AM - Equities
+2 Absolutely this, and also everybody who is not in the industry should just shut their mouth given majority people in this site are not PE.  Associate 1 in PE - LBOs
+2 London is the finance hub for Europe, not just the UK. The deal flow is European, so the applicant pool naturally ends up being European as well. Prospect in IB-M&A
+2 To add to your point, I think the only true financial innovation we will be seeing now, will solely be coming from the big firms like HRT, Citadel, 2Sigma, etc. Matchabee
+2 You’re going from unemployed to employed, getting a better role, and going on an adventure that will make you a more interesting person. CRE
+2 This.  pihyper
+2 IMO the gpt5 hate is overblown, yes they had a godawful presentation and hyped it way too hard but it's pretty clear that was in service of the 500bn valuation that just dropped, in retrospect qads2070
+2 Undergrad - Uk undergrad is best for UK IB nowadays, but Sciences Po is cheaper, so you need to do master. Intern in CorpFin
+2 Yuh you're absolutely right, but in response to that, the tier list above wasn't based off comp; that wasn't even a factor. shumsky
+2 You said you weren’t invested in the conversation, yet you keep responding to multiple posts of mine that weren’t directed at you. Associate 1 in PE - LBOs
+2 This is so incredibly beyond helpful, I appreciate it so much! I feel like I owe you a beer or lunch or something, seriously! I can't express how much I appreciate you writing this all out. Analyst 1 in IB - Cov
+2 Referencing Microsoft’s list of the 40 jobs most likely to be replaced by AI, sales representatives of services ranks #4 most likely. Intern in RE - Other
+2 HFs tend to be "absolute return", son. The most relevant benchmark you can measure them against is a basket of other HFs with a similar strategy. By definition, a majority can't outperform the (low) average. MMPM
+2 Go to Kelly, don’t transfer as the recruit for their workshops early. Their workshops is basically an auto offer to IB and they pump way above their weight. [email protected]
+2 Disclaimer, I do not know the European market, so take the advice with a grain of salt.  PeRmAnEnTiNtErN
+2 What's up Kevin Intern in IB - Gen
+2 Communicate to him/her these concerns. If they are receptive of the feedback and improves, they should be fine Intern in IB - Gen
+2 You will be fine. Have a good story as to why you are leaving and why you are targeting x firm.  Associate 3 in RE - Comm
+2 Would also love for someone to chime in on the difference between the REIT finance group (RFG) and the real estate syndication finance team (RESF) Associate 3 in RE - Comm
+2 Cousin works in that group - good hours and pay (An2 was $115K bonus). Great deal flow - he did an IPO, 3 sell-sides, 2 buy-sides, and various capital market deals in his first 2 years. Analyst 2 in IB-M&A
+2 Indian American group head here. Honestly. Zero discrimination in the US over a long time. We are everywhere in this industry. Managing Director in IB-M&A
+2 Maybe I’m at a smaller shop but aren’t job postings just kind an HR/legal obligation? Pokemon Master
+2 Tech is still the wild west since it's constant innovation. It's just laws catch up with tech that was hot 10 years ago, while the tech today has no laws or rules since, well, it's new. Matchabee
+2 I actually love Arcadia Capital! I went into the lounge and took all of the Werthers original caramels.  herostormings
+2 Our office is consistently at 64 degrees and I’m thinking of complaining again. Everyone walks around in winter coats and scarves so I don’t know the rationale or who’s controlling the temp. IAmAnMABanker
+2 Bump, good luck hope you get some help LendingFanatic1
+2 Congrats on BNP! InfamousApe
+2 Really depends unders
+2 At the BB I was at in wealth management we used Aladdin for a bit. Associate 3 in AM - Other
+2 Raising capital is usually much harder than generating returns. Plenty of talented investors never get to meaningful AUM because fundraising is a completely different skill. Adrian.
+2 All of it boils down to "my work is too important to trust AI to do it" (it can do it better than them 90% of the time already, if prompted correctly), and the line is usually drawn right before them (so it's associate if Ares12
+2 It depends - HBS tends to be the most flexible for the M7 for post-admit deferrals, whereas Stanford & MIT tend to be the most strict. Manager in CorpStrat
+2 Solid background and the pharma commercialization deal experience in particular is more transferable than people think. pharmacoach
+2 Not bad kid, I’d give you a 1R Analyst 1 in IB - Gen
+2 Making forecasts is a whole different skillset than just modelling. nutmegger189
+2 In your first option, where is the capital coming from, does the team have experience doing 1-off deals opposed to fund level, what is the background of the team? Analyst 3+ in RE - Comm
+2 Haven't been good for awhile. They're in market with their latest fund and have heard they may have trouble even hitting half of their target fund size ($5bn, which they've hovered around for the last 7+ years. Moonshallow
+2 Mostly flat fee on AUM. Also mostly institutional money so average fees are between 50 and 100bps. Not bad business if you can get it. Outsiders
+2 I was in a similar situation last year except AFM wasn't an option for me. I'll dive into each of these schools based off anecdotal data so take this with a grain of salt. AFM farpavilions
+2 Exotics Pulisic69