+2 Every year thousands of kids get the bocconi brand on their CV. Not everyone lands into London Finance. Yes it's a good school but its not automatic Associate 2 in IB - Cov
+2 Solid background and the pharma commercialization deal experience in particular is more transferable than people think. pharmacoach
+2 deadCREheadYou think that metrics exists/should exist outside NYC/Chicago/etc? MultifamilyGuy
+2 What are you expecting to learn? In my own experience, the young people who learn the most the fastest are the ones who seek out mentors and try to demonstrate why they're worth training.  usernameladiesman217
+2 Ozymandia Whatever1984
+2 Really depends on the firm. I got a promotion to VP with no deal flow. Just depends on how much people like you and want to keep you / see potential in you. Speak w your boss. No one here can really tell you. pudding
+2 Obviously the US franchise is a lot stronger; have heard the London office is a bit sweaty with more pitching and covering the LMM-MM. Analyst 1 in IB-M&A
+2 The unfortunate reality is that for top American schools, family income plays a non-negligible role in international admissions. If you come from a higher income family, you might have a serious shot at the Ivy League. CuriousCalculator
+2 Just go for it you’re good bro. Better yet start your own fund. Associate 1 in IB - Gen
+2 He/She never asked for validation. He simply denied the original comments on bad bonus on UBS, saying that its good compared to BofA. afdhfg
+2 I think this guy wants you to PM him. He might have some colour on this WSoMonkey93
+2 OP here, thanks for all your answers  Prospect in S&T - FI
+2 For me the move out of trading was about wanting something more tangible. 3rd+ Year PE Analyst
+2 What did it look like across banks? MandAman
+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 "...it still doesn't change the fact that PE is on the way down and another industry will replace it." jl12
+2 Citi coverage A4 -> VP1 Bonus: 265, 20% deferred Rating: 1/1 Associate 2 in IB - Cov
+2 The smallest company I worked on was slightly over $1bn in liabilities, but in general the companies I dealt with were between $1-11 billion in liabilities, and 500m+ in revenue. Consultant in Consulting
+2 . N/A in PE - LBOs
+2 Associate 1 in IB - Gen Managing Director in IB-M&A
+2 They have been wrong on so many levels and yet think every decision internally has been fantastic. Prospect in IB - Cov
+2 Seconded. asmith_1
+2 Finally some stats to back up what I have been saying all along. DEI is just front to favor white people.  Executive Director in IB-M&A
+2 Great approach to career management right there :/  chromium73
+2 I think we’re ignoring the “agentic” part of AI, that is setting up agents that will literally do that work without a human in the loop (and faster/better over time). The innovations you named increased productivity. monkeyvjit
+2 Do you want to be underwriting deals or do you want to be executing business plans/leasing strategy/budgets/investor updates? palm_beach_ll
+2 Aging parents held me back as well. They are, basically, stealing from your life so that they can enjoy the end of theirs. Where does that leave you when you’re their age? Associate 1 in IB-M&A
+2 Not in NYC so not as relevant since all the numbers will be lower, but we're still in the same house we bought 6 years ago despite salary increases. HHI is $185k base, and mortgage is $1,389 at 2.6%. kiltedlowlander
+2 Being so rude because it’s hilarious that you managed to get both GS and MS and are then asking what about RJ. Anonymous Monkey
+2 Wtf no Bank4L
+2 I would avoid his GS group, cause we all know he has already indefinitely locked up top bucket Analyst 2 in IB - Cov
+2 Another twist in the UBS tale. The movie is about to be insane 🤩 LendingFanatic1
+2 GrassToucher
+2 BCG will give you a ton of merch - don't need to pay for anything yourself. When joining they give umbrellas, wireless chargers, water bottles, pens, notebooks etc. Associate Consultant in Consulting
+2 Analyst 1 in IB - Gen Associate 2 in IB - Gen
+2 G palm_beach_ll
+2 Rough idea is that the "ending multiple / starting multiple -1" is the implied delta in the markets estimate vs. consensus. In real life, premium/discount to peers is a more accurate measure of that. Associate 1 in ER
+2 It’s paradise Works at Apollo Global Management
+2 Lead recruiting for my target school at a BB: 3.5 is the cutoff for HR reasons, anything above 3.7 is considered great. After that you are solely evaluated on rest of resume + networking. Analyst 1 in IB - Gen
+2 Happy to help. It sounds like you're getting an idea for what you want and don't want. Based on what I can tell, I would try for a distressed-for-control fund as it seems to meet your criteria almost to a T. Investment Analyst in HF - Event
+2 No shot you're a real person.  CRE
+2 I think it depends whether you're more T or R, so to speak. Turnaround is a bit more chill because you have time to right the ship. Lester Freamon
+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 This seems to be a common misconception among bankers. BigLaw is not risk averse, and is especially layoff prone. Probably more so than banking. Associate 1 in IB-M&A
+2 Ozzy you are a complete and utter waste of time. wallstrett
+2 monkeybanker223Could you elaborate on the social benefits? Analyst 1 in HF - Other
+2 I realize most are too young for this but how you think of money also depends how much you want to leave your kids. Managing Director in IB-M&A
+2 A strong mobile app maintenance partner should do much more than just fix bugs. elenamia250
+2 Depends... I got reached out to by a HH for my current role (and another for two others). Within ~3.5 weeks from their initial contact I had offers from each. MarginCallDaddy
+2 Abrams Bison Investments; PM is ex-ESL before the Sears saga. LO value shop where analysts stay for a long time, while those who left have started their own HFs. Analyst 1 in IB - Gen
+2 Interesting - makes a lot of sense though, I’m sure PE involvement levels impact workloads quite a bit depending on how active they are in the portco doing the roll-ups. IAmAnMABanker
+2 If you limit leverage to 70% on a 5 or 7 year tier 2 deal, Fannie gives a delegated pricing break. Each tier (and term) has quoted credit fee ranges which are 40 wide and consist of the G&S fees. Associate 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 Well it’s going to happen if AI comes even close to the hype. Could lose 30-50% of random white collar jobs and maintain, or even increase, efficiency. Fjsjrjdns
+2 That's a helpful perspective, thanks. I had already told the hiring manager when we first talked that my intention would be to work with them for 1-2 years before doing a masters and then consulting. karmed
+2 I actually love Arcadia Capital! I went into the lounge and took all of the Werthers original caramels.  herostormings
+2 Sad to see. Took one troll post to really get the keyboards breaking. Why I don't really come back here much.  Rabbit
+2 I'm also in the 20% per year over 5 year boat. It's nice to have all of it vested before fund is finished. I have different levels of carry depending on the funds purpose as I spend more time in one fund over another. disre
+2 Maybe I’m at a smaller shop but aren’t job postings just kind an HR/legal obligation? Pokemon Master
+2 I swear there's one thread on this every month. It could not matter less what laptop you have if you're running a VD.  nutmegger189
+2 Currently spending my freshman summer as an M&A Intern at a Chicago boutique and would definitely like to work in Chicago to start out my career as I love the city and the cost of living is great relative to peers. Pro Veritate
+2 Piper MedTech is solid  Associate 1 in CorpDev
+2 From what I have learned about Calgary, they tend to look a lot at long term fit and aspirations. mindsetfocus
+2 Less common. Availability of data and news has made the short term more attractive in many regards. usernameladiesman217
+2 You would be a complete idiot to not sign that on the spot Analyst 2 in IB - Gen
+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 Know that there was a SD very recently, so assuming you may not have received your desired outcome, I empathize with your frustration and bitterness. That said: Prospect in IB - Gen
+2 My worse weeks have been 85-90 (have only had 2 weeks out of entire year with these hours) and my lightest weeks have been 15-20.  Analyst 1 in IB - Cov
+2 Very insightful post. Really interested in hearing a bit more of your thoughts on #2 and 3. Currently at a Top 3 bank in a coverage group. IB 1017
+2 thegreatspoofing Associate 1 in IB-M&A
+2 Yes a lot of mobility to psychiatric and cardiology wards  Associate 2 in IB - Cov
+2 I didn't say there is more opportunity internationally than in the US. I don't know if that is true. shortponzilongresources
+2 Have a pitch! zrkweq312
+2 Just spam apply and see what you get. I left IB after 1.5 years with nothing lined up, and signed a highly acquisitive PE backed non-tech decacorn, made $310k all in last year (~60 hours were norm). Analyst 1 in IB - Cov
+2 ASO2Canadian Bank (NYC)Product GroupTop BucketBase: $200Bonus: $150All-In: $350ASO3 Base goes to $225 Associate 2 in IB - DCM
+2 How big of companies were you working with in this example? Lester Freamon
+2 Thanks for your reply. I now have the following questions. BOJvol118
+2  Visual appeal and attention to detail are important for two reasons - first, if you can’t get the small things right you won’t get the big things right and second, you want the audience focused on the substance not s Managing Director in IB-M&A
+2 The Maple Leafs of finance but if the Leafs never made the playoffs and kept getting worse every season. crazylifechoices
+2 Distressed, rates, securitized products, and FX. FX is super automated.  Stay away from credit outside of Distressed. Analyst 1 in S&T - FI
+2 Used to be large cap. Life was great because we were at the end of our fund and in the process of raising a new one. I went down market and I’m getting crushed. Associate 2 in PE - LBOs
+2 If you are making $180k and are working so much that you're not able to spend it on dumb things like the clubs, then you should be able to invest a large portion of that. Senior VP in CorpDev
+2 I would also agree with taking this role, especially in this job market. Some thoughts below: Analyst 2 in RE - Comm
+2 what was the interview process like for you? thank you dicky
+2 Please don’t do this. If you aren’t working for the love of god go home, socialize, and be a normal person. As much as you think we care, we don’t. Source: principal managing juniors. Works at Apollo Global Management
+2 Bingo Analyst 1 in IB - Cov
+2 I’m helping to train one of the openAI linked platforms right now. Relax. If all you can do is a 3FS model or a simple LBO model by rote, then yes you have a problem. 1AB
+2 superpods are just little MMs within an MM but I dont think they're at the point where they have huge internal overlap in stock coverage? Research Analyst in HF - Other
+2 There will be blood OR It’s a wonderful life seekinthealpha1
+2 Bringing back this old gem: iercurenc
+2 Yes indeed, I am in the multifamily development business.I am against immigration despite that it undoubtedly helps my business. My opposition is purely on political grounds. larry david
+2 Joking about how retarded "i heard this from xyz person" is in this thread, people are just saying shit at this point Intern in IB-M&A
+2 Thank you for the advice ! Got the offer 😁 role109
+2 American working remotely for a European Family Office. Got laid off b/c CIO left and new CIO couldn't make money 0 Never work for a European  Investment Analyst in S&T - Other
+2 If the large state school is Berkeley, Michigan, UCLA, UVA, or UNC then the second option. If it’s the next tier of state schools (UT and some of the other ones) then they’re probably the same. Prospect in PE - Other
+2 Your best bet with the broker shops is to network rather than throwing your resume (which sounds like lacks in experience) at applications. Holidayinn
+2 Not an expert on US, but for FoF I would think the PE experience is a big plus or maybe even a prerequisite. 1M+ comp in a corporate seems ambitious. Rover-S
+2 D1 $260k Associate 1 in IB - Gen
+2 My thought process too. At a far less prestigious firm than Bain and I'm having a hard time with any recruiter taking me seriously on my desire to go to portfolio ops.  Business School in CorpStrat
+2 to anyone reading, this thread is a mess because we don’t want other people interviewing against us. Analyst 1 in IB-M&A