+2 Just left LA MM gig so I'm familiar with the scene: Analyst 2 in IB - Cov
+2 Not bad kid, I’d give you a 1R Analyst 1 in IB - Gen
+2 Three different people privately messaged me about the conversation which re-engaged my interest. Further, someone could not be interested in one branch of the conversation and interested in others. PEPrincess
+2 I also got hit on by an MD - no affair, just to clarify. He was in a different IB group but kept trying to “mentor” me, singling me out and sending messages by email and phone. Associate 1 in PE - LBOs
+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 why infra, strengths & weaknesses, what verticals in infra does ISQ invest in, one ISQ's portfolio company, what made ISQ different/special in the infra PE space than other infra PEs. botanicsay
+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 Love how they always try to act and sound "American" lmao Analyst 2 in IB - Cov
+2 LOL at thinking the headhunter connection is worth anything. To these people, you're less than a number. MMPM
+2 There are people in this industry who understand relative comparisons using numbers, but don't understand the abstractions of businesses/economies/industries. Research Associate in AM - FI
+2 No one actually “loans to own”. Even when you’re doing super risky credit deals, you want the property to perform well and get repaid normally. investmentspanker
+2 Yes Goldman, JPM, Laz, and EVR just released the "no milk during networking" mandates and I believe other banks are following suit. Could be wrong tho I would double check it might just be those 4. DelusionalDave
+2 omg those are the cringest Analyst 1 in IB - Gen
+2 thanks Jody - super useful insight. Some follow-ups on my end: anonymnous
+2 today was a stat holiday bud.. ibrizzler
+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 My firm buys NPLs at discounts and our plan is to foreclose or get paid off at par shortly after loan acquisition. We are an equity strategy and I’m seeing more people entering this space. Associate 3 in RE - Comm
+2 thanks for the groundbreaking discovery no_home_jerome
+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 good job intern. i do banking for money, i earn more money after tax in houston. end of story.  monkey_money_000
+2 There’s nothing holding you back from doing random internships during semester before going FT. rolo25
+2 RE tag checks out TopBoy.-
+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 This is a pretty good read on how the models work and their limitations. ojapar20
+2 First day here? gkk1234
+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 I had a shitty sales job out of college and was frequently in and out of these senior living facilities. I saw a lot in year and a half. There were the Brookfields and Sunrise's that were fairly nice. TheDebtStar
+2 Out of curiosity, how can you possibly be pulling 90+ hours a week on no deals? are you just consistently on 2+ burner pitches that you never win? Analyst 1 in IB-M&A
+2 Sounds like PWP - German bank Analyst 1 in IB-M&A
+2 From what I’ve seen at my BB, there’s basically no real link between bucket and exits. You’ll see bottom-bucket people land MF offers and top-bucket people go to the same places. Analyst 1 in IB - Gen
+2 I'm content with sofset being real about knowing how hard ib was goign to be - her best friend's dad is ex ceo of hbo and her school was super expensive so a lot of support cushion Prospect in Research - FI
+2 Take what you get, the job market is cooked. After a year or 2 im sure you can lateral easily. Incoming Analyst in IB - Gen
+2 Cut back on stimulants (caffeine, nicotine if u use that) and make sure you don’t have dry skin. seekinthealpha1
+2 You’re underestimating your capabilities. I wish I had known in HS that I wanted a finance career. spicemonkey
+2 Did not realize they exited so well to GTCR, will bump up Analyst 1 in IB - Gen
+2 You strike me as the kind of kid who breaks the coffee machine at the office because they couldn’t figure out how to use it on their own Prospect in IB - Cov
+2 I played college football before I pursued IB, and recently signed for SA '27, so I hope this helps. dicky
+2 I still see two of them that explicitly say meritocracy. Nothing about this conversation is clear cut "facts" btw so to call out one instance of facts is a redirect. PEPrincess
+2 I did it 😭🫡 Anonymous Monkey 1
+2 hf vs mm ib when prestige maxxing hmmmm Prospect in Research - FI
+2 Everyone knows this, yet keeps pushing to do the same one day. What's wrong with us? monkeyvjit
+2 The best course of action is to go have rough sex and do doggystyle. That will naturally deal with all your frustration  Analyst 1 in IB-M&A
+2 I’d say Shea is the best in terms of deal flow and comp from the firms you’ve mentioned, with Aeris and AGC sitting below. AGC hours are terrible for the comp though. Prospect in IB-M&A
+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 Having to pretend to your friends and family in the industry that what you do is hard Incoming Analyst in S&T - Equities
+2 Why invest in funds designed for the general public when you can invest in the GPs themselves? acardboardmonkey
+2 Isn't it only your second day on the internship? jerrypowmoneyprint
+2 I heard the first organizing meeting is scheduled at the Globe on April 9th at 9:30pm Associate 1 in IB - Cov
+2 The usual route for French students is to use the final “stage de fin d’études” as the real pipeline into full time roles. Hanlon
+2 Goldman CMG and JPM M&A are primarily to get middle-market deal flow. They don’t cross-staff too often and its a lot of sponsors deals. adams46
+2 Wanted to provide another corp dev comp / lifestyle data point for folks here (Chicago, IL). pennypincher96
+2 I'm a former PE bro turned AI bro and just want to provide the data point that Freight Forwarding is one of the places where AI is actually working, full stop, some serious automation happening in certain places. Analyst 1 in IB-M&A
+2 Of course the response is anon lmao. Soft times.... Rabbit
+2 … AnnonymousMonkey
+2 These people are tweaking. This is so painfully common, I’ve done it and had people do it to me. Most people love talking about their past employer to vent. [email protected]
+2 Left the GP world at a top 10 PERE firm for a pension fund, and it was the best decision I've ever made. Assist. VP in RE - Comm
+2 bro i used to crank all the time but it's hard when there's shit on the wall, ruins the whole mojo Invalid_CREdentials
+2 Both are non targets. Aim for HEC or LBS if you can boib_1
+2 It’s just a label would need to be a huge change like Evercore starts a commercial bank. Similar to how banks like wells and Jefferies are not BBs despite (in my view) being stronger than the lower BBs Associate 1 in IB - Cov
+2 Yeah I was thinking about illiquidity premium as a haircut separate from discount rate. Principal in PE - Other
+2 pack it up dawg Prospect in IB-M&A
+2 Youre on work visa. That's a different kind of pressure. You can and should document this stuff for your own records, should you need it. Macro Arbitrage
+2 Ok what's your point? Should we all go on strike? Burn down buildings? Like who are you even laughing at VP in IB - Gen
+2 Where are you finding these 300k+ finance jobs? I’ve been looking for a while and most of the comp ranges don’t even come close Associate 1 in PE - LBOs
+2 The fact that nobody has heard is keeping me optimistic but I am sure they have given some offers out already. My guess is they are still waiting for those yes to come back and confirm those before giving out more. 4345Tulane
+2 ^ that one dude that willingly acts like a retard: Prospect in IB-M&A
+2 WF TMT has a new staffer in recent months who has meaningfully improved culture among juniors and helped manage seniors with some of their expectations. Works at Wells Fargo
+2 A weekend on a private island in the Caribbean and access to insider US macroeconomic policy Cheebius Ceasar
+2 I work at a firm where repeat gender discrimination and harassment offenders are just swept under the roof like nothing happened. What do you plan to do? Sue?  Associate 1 in PE - LBOs
+2 Been dead af. Would go through first and second rounds then never hear back, or they decided to freeze hiring. The comp ranges are also kind of abysmal tbh and makes me want to pivot away entirely Associate 1 in PE - LBOs
+2 I sure wish my new associates would use AI significantly less and actually learn how to do the analysis I'm asking them to do instead of continuously sending AI slop. loud_bathroom
+2 There are some stories that could make sense (maybe there were some lessons learned regarding structure, industry, etc. NuclearPenguins
+2 Being a woman is really paradise in this industry. Bananaswithoutabisjustpineapple
+2 Associate 2 in AM - Other*UPDATEStill employed. For now. Prospect in IB - Gen
+2 Probably Group Head/Managing Partner at a true LP/Pension Fund/Capital Allocator. You’re not grinding for deals like brokers and acquisition guys are. You’re likely not working 60+ hours a week. Financial Analyst 2.5
+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 Shrewd observations, and I agree wholeheartedly. Analyst 1 in PE - Other
+2 If you're taking jobs based on whether or not it will get you into business school, real estate probably isn't the right field for you long-term. Ozymandia
+2 FWIW, I don’t think the back-channeling that others mentioned is from recruiters. It’s from investors leaking to their network (“going to go tell my friend that his associate is interviewing at my firm” situations). SaaSChimp
+2 You’re absolutely right. kunduka
+2 Meh I think 95% is a bit much but definitely as with many things in life has a bit of luck involved Prospect in IB-M&A
+2 Congrats on bibimnap!  ducudvsb
+2 It only takes 6 months of midtown happy hour to realize that Becky's reaction to hearing you're an Investment Banker at Lazard vs BMO is the same, and only another 6 months to realize that the incremental 30 hours/week isn rolo25
+2 Wouldn't say it's standard, but it does has commercial rationale in aligning incentives. As long as there is a difference between leaving in good terms vs. GS under Blankfein
+2 Can you tell us the game changers for if we master the basics Intern in IB-M&A
+2 True why bother ever being helpful!  Prospect in IB - Gen
+2 Look into transferring if that’s an option, but if not, don’t let your school become the determining factor. Analyst 1 in IB-M&A
+2 My only concern here is that many people talk about "use cases" and so far we have seen few examples of any use cases actually translating into economic productivity improvements at scale. nutmegger189
+2 I think this is overall very good advice, but I have major concerns when someone buys rental property they are not local to. This "hands-off" approach can lead to mismanagement. matced
+2 Non target undergrad will be the first hurdle. Very elitist. Most juniors in Singapore work straight after bachelors, masters aren't really needed. Analyst 1 in IB - Gen
+2 At least it is 10pm. Come to Canadian banks, they take off at 5pm Associate 1 in IB - Cov
+2 nothinglol: Why? Analyst 2 in IB - Cov
+2 Santander is the only really decent non-BB euro bank. The others continue to struggle for market share in the U.S.  overlord481216
+2 "One female friend confided that her boss would call her into his office and nitpick things he did not like about her until she started crying - that seems abusive." VP in PE - LBOs
+2 Best there is in restaurant PE. PrivateTechquity 🚀🚀🚀
+2 did they also want u to complete it by tmr Prospect in S&T - Other
+2 The temptation is to stitch five tools together with Make or Zapier and call it a stack. Dr.Leigh
+2 I worked in credit – I'd still choose EB. But here's some color:  wetlamplord
+2 One day you’ll realize that working until 10 PM or 1 AM every single day is basically modern-day slavery.Even if you’re making 2–3x more than people working a normal 9–5, they still have the better life. PZ2725
+2 There's a lot to this - I actually wrote a piece about this recently called "The Skill Erosion Paradox Preserving Analytical Capability in AI-Augmented Teams" bu Dr.Leigh