+2 I would sign up for business school but im fast running low on cash and just dont have the financial means to put myself through it. Its why i have started consulting.  Associate 1 in RE - Comm
+2 Something to keep in mind for the folks disappointed by it only being roughly at/slightly below market is that their largest office is in Miami. PrivateTechquity 🚀🚀🚀
+2 The thing about this development cycle that is fundamentally different than the 90s is the utilization.  There is essentially zero dark comptue nodes anywhere right now. ioncewenttoschool
+2 Can someone more plugged in walk me through the Oracle news this week?- signed 455bn of long term contracts (unclear to me how deployed this is / yield earning)- generating 900 million in sales recoveringalc
+2 each one of those places is different and unless you work there it’s tough to really compare Managing Director in HF - Other
+2 Spot on. I'd also add that a lot of MBAs don't really appreciate how many hours and how bad the workload is, even after spending years trying to get into banking Associate 3 in IB-M&A
+2 Honestly it was a negative. Most people just assumed Id quit the job and leave again. It made me look unstable. VP in RE - Comm
+2 Last year, there were waves for R1s. Then, probably 40 - 50 invited to the Superday in June. Could be different this year tho. From what I heard, interviews vary based on the interviewer.  xkz123
+2 Going through placement atm. I’d personally take it over Industrials/C&R. Management is putting more of a focus on tech/hc M&A as shown by new hires and departures of industrials rainmakers like Edelman. remainingbirch1
+2 Odds of rate hike now are now 55% this year. Market is not moving in the right direction, and assets are still not priced in alignment with where debt rates are. VP in RE - Other
+2 Seem more like a you issue AK6969
+2 Columbia post lmao. The struggle is real! ibmonkey27
+2 Mining is shit Analyst 1 in IB-M&A
+2 Yeah those requirements seem pretty tight. Taxidermy Bird
+2 Regarding capital raising (the prospective company). - they’ve been doing quite exceptional with being the new kid on block. They mainly go through retail channels and a have a few family offices & HNW. Justman
+2 This is pretty accurate I’m just not sure how short term of a toy it will be. guyfromct
+2 If you read what I said it says "what" and "why" re exit opps. nutmegger189
+2 Hello, I personally used WSP and BIWS FIG courses. Both have its pros and cons. Regarding WSP:- the FIG course is prepared by someone in the sector  StanleyQuant
+2 Vandy Undergrad here - MSF usually places in random T3 cities. better off rolling with that job, waiting 2 years and doing an MBA not really worth unless you're unemployed rn. just study for gmat for a long time Prospect in IB - Gen
+2 Hello, I personally used WSP and BIWS FIG courses. Both have its pros and cons. Regarding WSP:- the FIG course is prepared by someone in the sector  StanleyQuant
+2 I see ok, thanks for the pointer. I personally think staying honest is the best policy but tbh I respect anyone who has the balls to do this, you’ll probably thrive in banking too.  alexcokke
+2 CPA and CFA are unlikely to be majorly beneficial for IB. Though they certainly can help for other roles. SIE would be worth the time because youll have to do it eventually if you get into IB 99twotwo1
+2 Stronger family bonds and connections, stronger ties to ones community, but yes, these are decreasing everywhere so its up to anyone's guess as to whether the east will fare any better than the west.  Daemon145
+2 Would not do cap markets roles. Especially if the group does not hold pen on the modeling, it seriously limits your exits. unkcptl
+2 What is the point of this though? You are not exiting to firms investing out of the US meaning your deal xp is largely irrelevant beyond the high level/general pe target rationale? Associate 3 in IB - Cov
+2 arossi: "Not good money when you take weekly hours worked into account." (Internal quotations omitted). jl12
+2 (1) "Weird strawman. No one here has ever said you pay things like rent by the hour." jl12
+2 You make a lot of good points, and you are right on some counts. I thought I'd share why I declined the IB one and accepted this trade ops offer, ultimately. amazingpi
+2 Not sure how much visibility you have on Junior Comp but can confirm from multiple data points that Laz, EVR, Roths pay is on par with BBs and even less than BAML. Associate 3 in IB - Cov
+2 Do it. I’m someone that always reccomends you do something that your passionate about. You’re young and take a shot and don’t look back. Associate 2 in IB - Cov
+2 Clubs are a game of knowing people. usernameladiesman217
+2 I've done a bit of corporate broking and have tended (perhaps a contrarian view) to actually quite enjoy it - you'll know more than me but it is very dependent on the nature of the client and how they use the broker/(s) an Analyst 1 in IB-M&A
+2 See my comment above about my background. Analyst 3+ in HF - Event
+2 Should've spent more time hitting the books and less time at Wine Wednesdays WaffleFalafel
+2 He’s referring to banking with that sentence sheldonxp
+2 When was your spd? After a week I would call it NTIB
+2 Why do you have to be conservative to be smart in credit? Doesn't take a branniac to kill a deal, anybody can do that. Analyst 1 in RE - Comm
+2 Funnier, they are probably only scalable in the markets mentioned before, those markets have oversupply, low absorption rates, now longer concessions, murkiness of OZ areas, and even rent depreciation. CPMA's15
+2 idk but i fucking hated it. hope to renege for a better offer Analyst 1 in HF - EquityHedge
+2 I started as a long-only HY/LL performing credit analyst covering specific sectors. My day to day was largely focused on new issue with some exposure to secondary opportunities (primarily names trading in the mid-90s). Analyst 3+ in HF - Event
+2 For some of us, money isn't end all be all.  NewIndustryHorizon
+2 UVA Florida and CMC are pushing Prospect in IB - Gen
+2 They are both great firms and well set up in Europe but the difference in feel is huge. Managing Director in IB-M&A
+2 I agree, an MBA is likely the easiest way to go. If you're willing to take a chance, though, I would recommend pursuing a master’s degree in finance. CartPathOnly
+2 Monkey.D. Associate 1 in PE - LBOs
+2 Yup, this is consistent with my experience as well. Lester Freamon
+2 Regardless of what their personal opinion is, nobody is entitled to that persons time, experience or insight. Rabbit
+2 Rogo is honestly terrible. Its only real edge is access to capital markets intelligence, but otherwise it just feels like a much worse version of ChatGPT. Analyst 2 in IB-M&A
+2 I left the U.S. and now run my own work abroad - still grateful to have been born in the U.S. Manager in CorpStrat
+2 Sweet spot for what? For it being able to support a CEO so you aren’t in the weeds? For it to be large enough for bigger pools of capital? acardboardmonkey
+2 Naw i went to a public school. I know of alot of nepo from loomis whoooo
+2 true, I'm far more likely to read  till the end a post by someone that has lots of typos than one perfectly crafted by AI GS under Blankfein
+2 If you wanted to really lean into the “no CLO / exclusively focused on distressed debt”, the above list (which I think is quite good) can actually be whittled down even further: - Redwood - Mudrick Prospect in IB-M&A
+2 I'm not sure I'd call him one of the largest developers in the country, but from the little anyone seems to know about him he's a super impressive guy. Ozymandia
+2 (1) "The technology is already viable, what the fuck are you talking about? What do you think Starlink is... A critical component of a data center." jl12
+2 All the large platforms have independent PMs who use their infrastructure and sometimes also their capital (if it's your own money, you keep more of the returns), but are remote and control their own operations, hiring, et cp5670
+2 makes sense. hopefully someone else can opine that has a better idea on Asia dynamics. Analyst 1 in IB - Cov
+2 VP here (been doing this since I graduated). I’m just here to point out that, while it may be something you’re doing wrong, it’s also very likely that everyone is just getting crushed by Q4 pitches and deadlines. Associate 1 in IB - Cov
+2 Half this forum agrees with the sentiment in those screenshots, don’t expect much intelligent conversation here. StandardHardo
+2 Interesting situation. Honestly the best bet here might be to try to just do on-cycle after your 2 years of banking and then negotiate with H/S to try t ogive you a 5th year considering how rigid most PE programs are. flipcup
+2 holy autism Intern in PE - LBOs
+2 If this question had been asked 4/5 years ago, I would have said it was a waste of time as it would only cover the basics so you wouldn't be independent enough to assess legal issues. GS under Blankfein
+2 This is surely rage bait… but I’ll bite. Could be legally “enforceable” in a vacuum but commercial issues abound - would result in the associate and probably you getting fired if ever discovered by the firm. Associate 3 in IB - Cov
+2 was so miserable in IB. Quit with nothing lined up. Was unemployed for 8 months. Finally locked a strategy role making higher than I did in IB BB and even less hours. ($200K+ 45 hour weeks). Worked out so perfectly. Analyst 1 in IB - Cov
+2 I see, I feel like it’s going to be extremely unlikely I get the 5th year deferral. I’m worried of the downside scenario in the situation you describe: Analyst 1 in IB - Cov
+2 There is a balance to everything. I'm a white American and have lived and worked in China. While there are great things about their culture, especially around family, there are also drawbacks. kiltedlowlander
+2 If you're aiming for "not difficult" 10-12% returns under your "consevative/risk averse" approach, you're simply not aware of how tight the stop losses and volatility constraints are at a MM. MMPM
+2 Great comment and very true. Manager in CorpFin
+2 del NewIndustryHorizon
+2 They will not sit and watch over your shoulder as you model lol. It will be emailed to you and you’ll have 3 hours to build a model and do a short write up / organize your thoughts. pls_touch_grass
+2 R1s came out last week Intern in HF - Other
+2 Short answer is there is no real answer, most people solve backwards to fit their thesis. That being said... MacroJunkie
+2 Not an I-Banker but recruited for it/close to people on that side of the bank. First thing is the hours do typically start to ease as you get more senior. Analyst 1 in S&T - FI
+2 Taking a 1 semester extension is better for most people - cheaper, can spread out credits a bit and just put "December 202X" on your resume and no one will care. Associate 3 in IB-M&A
+2 You’re acting like you’ve never said a slur to your friends before lmao Intern in IB - DCM
+2 That's not really how it works... overandout
+2 Would recommend emailing instead. Finance professionals, especially those in Senior positions, don't tend to be active on LinkedIn. You really don't need to overthink it. averagemonkey12
+2 It's a standard SWF style firm; great WLB relative to other PE, but harder to get promoted and a very different skill-set. Associate 1 in PE - LBOs
+2 Pre-2021 was easy as shit. The key was fundamentals actually mattered, to some degree. Not every day stocks gyrate up 10 down 10 due to a post on social media. paulyoungettem
+2 I’ve got nothing to add to this convo but appreciate your perspective. Looking to maybe make a similar step out myself soon. BoBandy
+2 I'm assuming you're asking about comp? I'm in the multifamily space and am similarly wondering if anybody has comp data points for regional development leads (i.e. my boss). Developer in RE - Res
+2 Was only 3 questions, all behavioral, have you heard anything else from them?  undecided25
+2 Apparently the NY office re-opened their MBA summer associate program. Sad! qazwsx246
+2 Your worries are understandable but overhyped IMO. flipcup
+2 Since we already have a 9 year bump… I’ll answer my own question. Rich dudes spending 6 months out of the year in Puerto Rico has taken off. Especially post-Covid where WFH flexibility is an option at a lot of places. Pokemon Master
+2 You have my respect for making that leap. Definitely a risk that most people wouldn’t take, but I bet it’s an incredible learning opportunity as a businessperson to actually fully run a business yourself TheFunkyMunky
+2 In summary, like the propaganda agent Xuequin Jiang rightly said: "whoever you're not allowed to question is who is ruling you". Period. Intern in IB-M&A
+2 Similarly crap experience with Darthmouth. We went far in one interview process (I think next to last round) and only then did I get a bit of feedback. VP in PE - LBOs
+2 Be the intern who removes work, not creates work. Show up early, write stuff down, send clean follow ups, ask questions once not five times. People remember reliable way more than “smart”. Hanlon
+2 few, but at least you knew that the WASPs that were in the Government were fully aligned on American interests and those took priority  GS under Blankfein
+2 As subjects individually they're easy but there were 9 subjects (not counting languages) + group coursework for each so it's still a lot of content... Revama69
+2 I can answer your questions directly then can give an overview of the different roles in Cap Formation/Fundraising World: (excuse the account title, never post)Your Questions: acre247
+2 Get familiar with terms in your sector and workstreams. You need to do a lot of context switching, tedious admin work etc. Analyst 1 in IB-M&A
+2 There's no single answer here because it depends entirely on the type of fund, their strategy, and the company itself. stockpitchlab
+2 Are you saying escp doesn't have a financial markets specialisation? They have one of the best and the placements speak for themselves. Prospect in Acct - Other
+2 it's spelled JeffERIES. a Jeffries is what diddy offers the other diddler in that Get Him to the Greek movie.  JBK
+2 Del yummyyummy
+2 Associate 1 in RE - CommThe stance of "AI is total bullshit" is really the most asinine take ever.  IsItREPE
+2 BofA FIG has great WLB but I would go with UBS TMT. More deal experience and a better culture.  Analyst 2 in IB - Gen
+2 Watch the Family Man Incoming Analyst in IB-M&A