+2 Somebody unplug this M4 Mac Mini with 16GB of RAM VP in PE - LBOs
+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 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 (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 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 All solid choices. The Warwick and essec mifs are bit weaker than the rest of your choices though  adrien3
+2 Tons of other threads on this. It is not that different from SA recruiting, except that in interviews you will be expected to speak to your deal experience very intelligently, and the bar for technicals will be very high. Analyst 1 in IB - Gen
+2 It was already answered in the later thread. No need to rehash the same point again. Associate 1 in PE - LBOs
+2 What “sob story”? It was an experience of bias - being asked an illegal interview question about maternity risk. That’s a legitimate topic to discuss. Associate 1 in PE - LBOs
+2 Among the larger names in your fund size range, think most of the younger funds are less bloated at the mid-levels just based on linkedin than some of the older funds in that 4-5bn fund size range (comparing to a THL or Ch Analyst 1 in IB - Gen
+2 NYU cas kid here who successfully landed ib.  1. Yes, having the NYU name is much better than non targets. I got many automatic R1s at MM bc of the NYU name and was treated same as Stern kids  blueberry_muffin123
+2 Laz is weak, Rothschild mostly MM or even LMM deals, PJT ordinary in M&A, evermore more of a mix of smaller deals and large ones. guillaume.alexandre
+2 I’m not entirely sure but I posted the link to the podcast. But this is how I understood it: Intern in IB - Cov
+2 It doesn’t matter what you put on your resume, if you’re not doing research/diligence and investing, you won’t make it through the interviews process. Principal in PE - LBOs
+2 Interesting thread. To really have this debate, though, I think we have to assume AI is only going to get better. ContrarianMonkey
+2 BNP return rate is ~50%. What desks are you interested in? jbgz23
+2 Calling me a "retard" when you dont know have the full context is a bad look for you.  See my added context above and lmk if you still feel that way.  Associate 3 in CorpDev
+2 I ended up choosing HEC financeguy69457
+2 GPAs matter for full-time to the same degree that they matter for junior year recruiting. PEPrincess
+2 Agree, with everything you said. I think hours and schedule get marginally better, but if analyst walking in the door today think hours are going ever regress towards normal (40-ish), they are very wrong. PeRmAnEnTiNtErN
+2 Actually a valid question. Not sure why downvoted Associate 1 in RE - Comm
+2 Charles Aris is a big recruiter for PE-backed corp dev roles at LMM/MM PE portcos.  Associate 3 in PE - LBOs
+2 The government uses it for information gathering, which is exactly what this guy suggested for IB. It isn’t executing military operations. Intern in IB - Gen
+2 If its just 1-2 projects, then you either have an a-hole associate / vp creating unncessary work for you or yes, you may be a little bit inefficient right now and have a bit of a learning curve to get up mastering shortcut Associate 2 in IB - Cov
+2 Most people going into IB see themselves as being successful on the idealized path of IB --> PE --> MBA. PEPrincess
+2 Your budget is on the very lower end for Central London. Your budget must be at least £2.5K on rent alone for a studio/1 bed + council tax + utilities which could make it up to £3k/month easily. brtfedd1312
+2 Yeah but if you want to do actual tech banking then you have to be in the West Coast/SF. Analyst 2 in IB-M&A
+2 I went to a HYP school, and nearly every transfer student I met fell into one of two categories: either exceptionally gifted academically, or someone with a genuinely compelling personal story (think military, Malala type failedQuant
+2 Thanks for speaking highly of us Canadians.  Green Zeus
+2 Quit your fucking job and stop caring. Its that fucking simple. Also stop being on wso. that is good time you could've used to go to sleep. Do better lil bro.  nachocheese
+2 Depends what your looking for. If you'd like to stay in the upper echelons of London, Croydon, Lewisham, Peckham and Newham I'd recommend.  DeleAlli211
+2 If we break things down into subsector/industry/sector then it's hard to move sectors, easier to move industries and fairly seamless to move subsectors. nutmegger189
+2 Thanks. vainFly
+2 this should be the standard since ChatGPT became available  GS under Blankfein
+2 To caveat, many elite universities outside the Ivies place little or no weight on legacy or athletic preferences so it is as meritocratic there as anything can be in life. CapitalKoala
+2 I doubt that happens  Associate 1 in IB - Cov
+2 I work at the firm. There was a note sent to Americas staff and it was mentioned in the EMA monday morning meeting. It is real, not sure what makes you say this is fake. Analyst 2 in IB - Cov
+2 I had a very good SM seat, good comp, stable and also really liked the PM and senior analyst above me. r00ldy
+2 Just be normal and have a purpose. [email protected]
+2 Your edit actually made you seem even worse. Not only did you make several poor career and health decisions, but you clearly have no empathy for anyone else and lack basic leadership skills. Works at Citigroup
+2 Like others have said, companies are only hiring to try and catch someone "good" for a low price. Collect resumes, do interviews but hold on the offer because they don't have the budget to actually hire. Associate 3 in RE - Comm
+2 McKinsey is generally a stronger path to Strategy & Ops because the work overlaps with corporate strategy projects, and consulting clients can sometimes become exit opportunities. Associate 1 in PE - LBOs
+2 Im staying hoping there is a new leadership rebuild in a year or two Associate 1 in IB - Gen
+2 went through the process so i can shed some light. Intern in IB-M&A
+2 30K more yearly is quite a significant amount, honestly speaking I’d go with Schulich, plenty of pipelines into Big 5 Across IB/CB, just make sure to prep basic techs + macro before you even start the program so u can get Analyst 1 in IB - Restr
+2 The vast majority of these comments absolutely check out and they are absolutely 100% wrong. VP in IB - Cov
+2 Can confirm, I think I know who you are talking about Analyst 2 in IB - Gen
+2 Thanks for the insights. Returning to running a much larger pod sleeve (think 3 yards, with $150mm drawdown limit), how do you typically structure your book in rates, fx. vainFly
+2 Thanks for the reply addinator! And yes exactly, you’ve got it understood perfectly. LendingFanatic1
+2 Can talk to MS SF. If you’re talking exits, it’s just as good as NY my class went to various MFs across verticals. Culturally I enjoyed it, good people and more casual culture than NY. asdf1248
+2 Can we stop calling UBS a BB Analyst 1 in IB - Gen
+2 Also in FIG and from what I’ve seen insurance is the vertical with the most industry to IB laterals recently, given the complexity and the state of transformation insurance is undergoing with sponsors. Analyst 2 in IB - Cov
+2 Should incoming interns be worried  Intern in IB - Gen
+2 A bit of tough love - make it a priority or move on. Addinator
+2 Not just I totally get your question . Associate 1 in PE - LBOs
+2 My 2 cents: Analyst 1 in IB - Restr
+2 Are bee see Work2BMF
+2 I’m fucking with you man, just try your best to bring up that GPA, honestly a 3.7 should be enough. Network hard as fuck and you’ll be fine. Analyst 1 in IB - Restr
+2 The financial markets specialisation and placements are better at escp as far as I know. Didn't go to either school so just speaking from what I've seen in the market.  Analyst 1 in IB - Restr
+2 No but I do use natural products in an effort to maintain good hair and skin.  Retinol has worked great for the skin.  I am convinced that using retinol has led to much greater facial hair growth. financeabc
+2 Landing a spot at any of those is pretty hard and will involve you starting in MO / BO unless you get an ops & scheduling position. Intern in HF - Other
+2 wouldn't say the clubs are super important, at least they weren't back when I was at emory ('18)will be harder for ox students typically but def not out of reachdon't know, probably the ox c hdhebsaaaa
+2 Just left LA MM gig so I'm familiar with the scene: Analyst 2 in IB - Cov
+2 Pentagon Associate 3 in IB - Gen
+2 Has to be rage bait Analyst 1 in IB - Gen
+2 OP Here, I've put together a consolidated table at the top of the thread. For some reason I couldn't edit my original post, so I edited my comment as the second comment in the thread. Analyst 1 in IB-M&A
+2 Retire and focus all my time to become a pro Muay Thai/judo fighter. Live for honor and glory DCFMonkee
+2 I don't think this is uncommon at all- just a reflection of a lack of trust in the firm and strategy. For what it's worth I don't think this is true for all places. Associate 1 in PE - LBOs
+2 [email protected]: McIntire/Ross/McCombs gdogmoney
+2 That's just false. You go to things. You go do things outside. I still meet plenty of people, younger and older, pre and post covid. It's not easy, it's harder than it used to be, but you're in banking. usernameladiesman217
+2 Unfortunately I also have to agree with the commentor above. brtfedd1312
+2 an analyst mentioned one of the group heads likes working out and thinks too may juniors are out of shape, could be a factor Prospect in IB - Gen
+2 Tbh idk the answer but I’m laughing my ass off reading the replies so far of dudes being like “just lateral”. I feel like he’s asking “how do I be happy where I am without lateraling to a better bank”. AlexanderHamiltonLover
+2 Looking forward to some deal in the near future when the nontechnical boomer lawyers I mentioned are negotiating directly with an OpenClaw agent. Hilarity is sure to ensue. ResMan
+2 O ye of little faith - STFU and trust the plan. MV is a competent leader who will get us to #6 in the Americas. If anything, JPM and GS should be copying us.  Intern in IB - Gen
+2 And one other thing: I would avoid trying to dip into distributions on your portfolio already. I’d suggest investing it, putting it on a DRIP, and leaving it alone for the foreseeable future. Associate 1 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 Buddy BofA’s stock is completely flat since 2008… Analyst 1 in IB-M&A
+2 deloitte has a PF advisory team i think ILOVEBANANAS123
+2 My guess is it’s meaningfully lower, but interesting question. So many get culled post Associate.  VP in IB - Cov
+2 you can do co-op / offcycle at schulich too (you can take up to a year off so you can do summer + fall winter summer (gap year)+ following summer for a total of 5 cycles)  ILOVEBANANAS123
+2 Think about it You are spending your days with failed companies. People losing their money, losing their jobs, courts, litigation, people screaming on calls with lawyers  Associate 1 in PE - LBOs
+2 Would recommend modeling rather than trying to just do repeat questions. Forces you to learn better skills imo  Analyst 2 in IB - Cov
+2 Like I said, as an Asian myself and a picky eater, Asian food scene in Paris is terrible compared to London. I’m saying this, like I said, as I’ve ventured out to all areas that you have listed so far. brtfedd1312
+2 Maybe they’ll post above a 3% IRR in their flagship buyout fund now Associate 1 in IB-M&A
+2 Avoid Abry. Force the third year in banking to avoid ending up at a fund like that Investment Analyst in HF - Event
+2 I think my school has you beat Analyst 1 in IB - Gen
+2 You’re self aware enough to know that this is a retarded way of thinking, but not quite self aware enough to get over it. Figure it out. VP in PE - LBOs
+2 1998... fingereater505
+2 Associate 1 in IB-M&AProbably some scrubs imo. I kept my gf to this day but she is a cum doll basically.  PrivateTechquity 🚀🚀🚀
+2 Imagine it was the very first hand of the first level of the Main Event. UTG+2 opens with a raise, folds to high jack who 3-bets. The cutoff then proceeds to 4-bet. Deo et Patriae
+2 You have a rather warped (and narrow) perspective if i may say. Desks don't exit, people do. I don't care what desk you're in if i can't stand sitting next to you, then i'm not going to hire you. Principal in HF - Other
+2 Many Tech guys are badged to it so they don’t even show up to the SF office everyday Associate 2 in IB - Cov
+2 Confirmed - Both at the analyst and associate level... Not surprising to be honest, we barely close deals so the writing was on the wall Analyst 1 in IB - Cov
+2 Bro ur an incoming intern and u already think u want to stay? Just wait til ur actually on the desk you’ll prob change ur mind Analyst 1 in IB - Cov
+2 Key is generally viewed as a solid middle-market platform, and Industrials is usually mentioned as one of the better groups there alongside M&A and Cain Brothers. Intern in IB - ECM
+2 Depends on the firm, but at most banks when you give two weeks’ notice they’ll “walk you out” right away; you hand in your credentials, stop working immediately, and they still pay you for the full two-week notice period. The_Biotech_Banking_Expert
+2 bagelenthusiast
+2 Another twist in the UBS tale. The movie is about to be insane 🤩 LendingFanatic1
+2 I got in on the 5th attempt. Not worth the effort. VIC isn't what it was even 5+ years ago. AlphaJoe47