+2 The problem is people leave but it is usually just the top performers. The bank is infested with bottom buckets that never leave so everyone is mostly okay with the rat pellet pay. Associate 3 in PE - LBOs
+2 My buddy got Barclays 6 months late in the fall for his recruiting cycle. Yeah, it happens. Analyst 1 in IB-M&A
+2 Even the "business" advice sold to young people online, like dropshipping or AI automation, is mostly a scam where the only ones getting rich are the people selling the courses. nutmegger189
+2 Also interviewing for VP roles (although exclusively LMM). Did any of your rounds have technical questions? innoutfan
+2 I recruited for 3 cities way back when I was going through the process. I recruited 3 MM in NYC, 1 MM in Chicago, and Goldman in Dallas. Got pretty much all the offers except GS. Ended up choosing a NY bank. Analyst0910
+2 Most of the groups are not good…  Associate 2 in IB - Cov
+2 Age: 35Title: VP4Fund Size: $750mmIndustry: GeneralistGeography: Secondary/tertiary cityYoE: 11Base: $275kBonus $325kTC: $600kCarry DAW: VP in PE - LBOs
+2 Have you heard of crypto ? pbandjpartners
+2 Where did I write that? Associate 1 in IB-M&A
+2 Biggest advice for that price range is buy on Jomashop. Much better prices for the same thing. There's a few mechanical Hamilton Khaki Fields near the top of your price range, but otherwise just go Seiko/Orient/Citizen. Zyns_And_Excel
+2 You probably commented this trying to incite reactions but I’m like 90% sure more than half the ppl in this thread agree with you VP in PE - LBOs
+2 Won't name names but for those who know: LM, AO, GT, FO Seriously though, here's an old thread I'd look at first.  Determined
+2 Econ at Chicago is way way harder than finance (or anything) at stern. Didn’t find stern kids super impressive in terms of intelligence but they r def more commercial than Chicago kids (not saying a lot lol) Analyst 1 in IB-M&A
+2 Short answer is that there was less structure in the early days at a young firm! Led a relatively large deal while securing some meaningful commitments as an associate with 3.5 YOE for the VP promote. Associate 2 in IB - Cov
+2 The abstraction piece is actually the easier part of the problem. CapnBrunch
+2 I doubt the title of 'dating' means as much to her as it does to you. You sure you're the only guy she's shagging while on her hippie free love escapade in your 'long distance' relationship? Singlebysunday
+2 L ragebait  mara20
+2 I was between a MF and a smallish GP and took the GP. I’ve been loving it and the hours are only 50-55. Comp is lower but think I can have more upside on long term. Associate 3 in RE - Comm
+2 No, share with the class  Principal in HF - Event
+2 . Analyst 2 in PE - Other
+2 You don't need to make decisions based on what computer you will use professionally in 4 years. Whatever you buy will be old and beat to shit by then. Make a decision based on the computer you need now.  CRE
+2 A math degree won't help you much. You don't learn really anything that is directly relevant. jl12
+2 Most of that $1,500 is fixed cost, the design time and the mold, so a flat 20 percent haircut usually won't fly. The real lever is volume, not lowballing: more units spreads the tooling per piece. yeomanreact
+2 Bro honestly same. Love them, but they could be so much better Analyst 1 in IB-M&A
+2 There are some fully funded programs out there, look at those first. Also, if you can, some firms will pay for you to go to school while working. Also, state schools are not too expensive. usernameladiesman217
+2 1. Regime was circulated to macro recruiters, and the occasional PM, as well as timestamped on Github. EPchange
+2 This question is asked and answered ad nauseum on here. nutmegger189
+2 Are there many credit pods active in structured products like CLOs, ABS, or others? Analyst 1 in S&T - FI
+2 From someone who did it and generates decent cash flow... its not worth it relative to the risk. Would have made the about the same if I stayed in PE/HF. Can ruin your life especially if you PG an SBA loan.  CEO in PE - LBOs
+2 Former analyst here. I’d rank PJT #1 and EVR #2 in the space. HL and CVP would be in the next rung at #3. Associate 2 in PE - LBOs
+2 Not really given the bulk of it is unrealized vested carry ( at 2.0x MOIC likely) - doesn’t translate into net of tax liquid net worth, far from it. Associate 2 in PE - LBOs
+2 Yes… this will almost certainly hurt you. Four Leaf Tayback
+2 Hard to say, since I never went to those schools. At UChicago, the bottom 75% still usually land somewhere decent. Just not EB/BB/MBB, not to mention HF/PE/AM. Intern in Consulting
+2 University of Florida punched well above their weight class. GSIF (Gator Student Investment Fund) placed near 100% Touse of Cards
+2 Jamie Dimon started his career in Bank One. Good to know his career is fucked I guess. VP in IB - Gen
+2 Hardest is banking, law and consulting I'm not sure, on on hand consulting has less than 100 seats per year across all firms but law is similarly hard. Associate 3 in PE - LBOs
+2 "Intern in IB-M&A: Agree" Investment Analyst in HF - EquityHedge
+2 I've seen it happen several times, no one cares about the age difference unless you make it an issue, its usually hard to recruit when you're older but you already have an offer in hand so congratulations. Prospect in IB - Gen
+2 Not that many players outside of STG, Haveli, Hg that have a truly differentiated angle in MM Tech buyout PE (if not counting growth). It's a challenged environment even with Vista performing quite poorly. Analyst 1 in IB-M&A
+2 Just don't date libtards SomeCaliberTalent
+2 Nice touch my friend. I guess the relationship and repeat deal flow is embedded in the platform for GS M&A. However, the Rx Biz was driven by DL who was poached outrightly by HL.  davani1420
+2 That’s true for multiple groups - M&A, M&T, FIG are all not good  Analyst 2 in IB - Gen
+2 GP commit for an established fund like Level is closer to 1-3% usually, but let's call it 5% total with employee coinvest, friends and family, etc. Still meaningful but usually much less than 10-15% of the fund.  kuf135
+2 I know someone who interned at BNP last summer in AFS. It is a very interesting space. They said that the culture is nice and the hours are chill than traditional IB (M&A or Coverage) experience. CuriousGeorge63
+2 buddy you have got to be the biggest tweaker on WSO, this is like the 20th time you've asked this Prospect in IB - Gen
+2 Don’t know why he avoids saying he works in credit? In his recent vid he says he worked at a private equity firm where he made “minority investments.” What are we talking about here? Analyst 1 in PE - LBOs
+2 I’m not French, am from an Asian country but studied in America. I work in my government because they paid for my college while all my friends went off to Wall Street. Analyst 1 in Consulting
+2 Brother it's very clear that you are retarded. Btw changing your profile from an2 to ass1 doesnt hide the fact that you're the same account.  auckfndover
+2 Beyond a solid story and motivation of why IB, do you think an international at M7 needs to have prior finance experience to successfully recruit for SA? Analyst 1 in Consulting
+2 Would you like not one, but two cookies? Distressed_Hairline
+2 That is true, perspective is everything. If I think that I am the shit then I will be the shit vs me thinking thinking that I am a chud and so I will be a chud.  younggoodmanbrown
+2 For PE Associate recruiting, yes, you will absolutely be at a disadvantage if you are in SF, as NYC is the financial capital of the world and where a ton of in person recruiting happens. Associate 1 in PE - Growth
+2 Your profile isn't complete enough yet to give comprehensive feedback, but your work experience seems solid and your timing makes sense. Most MBA cohorts have an average of 6 years of work experience. CRELad
+2 Bro snuck in Cambridge. Prospect in ER
+2 All the RX groups were difficult — PJT, EVR, HL, CVP, Ducera Analyst 1 in IB - Cov
+2 If you work at tilted towers you should be good. WMjockey
+2 Fair points. But on the residential side, housing shortage is really a proxy discussion for population growth (ie. JPN does not have a housing shortage). Developer in RE - Comm
+2 I know it’s an old thread, but aren’t these completely different jobs? Asset management has more to do with actually investing and doing what a retail trader is trying to do, or am I wrong? Prospect in S&T - Other
+2 Think of it this way - 1 step back for potentially 2-3 steps forward. The upside potential blows consulting out of the water if you have staying power. PrivateTechquity 🚀🚀🚀
+2 +1 to this. But WSO is filled with hyper ambitious folk so don't think most will like this. Pulisic69
+2 Berkeley is great, but it’s WC tech banking machine (majority of summer 27 placements were west coast). If your goal is New York M&A and RX at EBs, UF is a great spot. Analyst 1 in IB-M&A
+2 If he gets there at all... tappedintonothing
+2 Prospect in IB - CovEric Tokat is Turkish. Very different and culture that is much better than any other coming in nowadays. Teller in IB - Cov
+2 Anecdotally, as a Yale grad, I have more friends in SF than NYC. Probably not the norm, but I feel like both schools give the optionality of working wherever you want. Associate 1 in PE - Growth
+2 Whats the name of the fund so the juniors here know to avoid it at all costs in the future… 15min response time on sunday is insane contrary to what some other people think here… signs of an absolute donkey culture  Investment Analyst in HF - Event
+2 Sorry to hear about your situation. Maybe a bit off topic, but could you detail the circumstances that led you to this fund and if you were familiar with the culture prior to joining? Analyst 2 in IB - Gen
+2 not reading that novel, but you should take a buyside internship if you want to work on the buyside. hope that helps Associate 1 in PE - LBOs
+2 It’s worse when you factor in how bad full time recruiting is. I know multiple MFPE summer interns who somehow are deciding between delaying graduation or taking a corpdev job… Investment Analyst in PE - LBOs
+2 I am totally perplexed as to what is going on here. Iran’s 10 point plan included nuclear ambitions and we demanded that the  Strait  of Hormuz be opened. Now we are going to blockade the Strait of Hormuz? financeabc
+2 Might qualify as cruel and unusual punishment. Analyst 1 in IB - Gen
+2 do you feel like there's a divergence between making your boss/peers think you're good at the job, versus actually being good at the job?  yoobedobpa
+2 I'm trying to build a presence in the niche fragrance industry. While it's every bit as challenging, I find it far more fulfilling and aligned with what I want to create long term. Associate 3 in RE - Comm
+2 They’re doing fine... Some hardos pushed out, culture is better, and latest fund is strong. London team just raised an oversubscribed fund last summer. Associate 2 in PE - LBOs
+2 “Yerba Madre Yerba Mate”, that’s the only one I’ve drank which is why I added it with the specific brand. It used to be called Guayaki but then rebranded. Analyst 1 in IB-M&A
+2 UCL. Solid target and see them well represented across banking, greater networking opportunities too in London. Don't see many Warwick grads (at least across US BBs). HandlerDick
+2 It’s not about raw signaling of the content it’s about what it actually means… bizecon at UChicago means you wanted to do Econ but it was too hard and there is literally no other way to interpret it… that’s a surefire drag rooseveltfan
+2 Would gently encourage you to be open to Benson's perspective. I was part of a SM LO launch in the hundreds of millions, backed by blue chip investors (peers to Stanford endowment). RoleTied
+2 Word is they had neither the proper insurance nor the proper fire suppression system. Going to be one hell of an L on the portfolio.  CRE
+2 lol your post history makes it pretty obvious youre not a PM. Probably like 6 months buyside and struggling. It’s a tough job - thats what the money is for. Investment Analyst in HF - EquityHedge
+2 Most beautiful comment I've seen posted on this site award. Total bloomer > doomer. Love to see it Raijin
+2 This was a great discussion, so I'm reviving it with some news: https:// Research Analyst in AM - Equities
+2 UBS breaks the law frequently with scandal after scandal since the well documented Nazi sympathizing days Associate 1 in IB - Gen
+2 You’re fine. You’ll learn on the job/training. Everyone’s IB stint is different and very few incoming associates have extensive modeling experience. SaaSChimp
+2 Brother, we can’t tell you what you would enjoy. At some point, you have to know yourself and make a decision.  CRE
+2 I graduated when AI was becoming a thing, and still very bad. The lack of critical thinking is a major issue, but I think AI + grade inflation also is a major issue. Analyst 2 in IB - Gen
+2 Adding HL before DB is crazy to me considering what I've seen in exits. Prospect in IB-M&A
+2 It was very hard to get a finance role for the 2027 cycle as an international this last year (almost no one got it that I know). It will be very difficult also from a school that's not as finance heavy (UIUC).  Prospect in IB-M&A
+2 You don't work for an evil industry. Funny. NorthStarOne
+2 Bumping this crewdog870
+2 If you truly don’t mind being in UK temporarily, Oxford is the right call I think. I went to Harvard and would think of Cambridge and Oxford as on pr (Oxford actually slight edge to Cambridge from what I’ve heard). Associate 1 in IB - Gen
+2 I can't second this God-sent advice enough. I'm currently in the product space (ish) and the biggest problem some SaaS firms have is doing a lot of things poorly instead of one thing well.  FinnesseGod
+2 A lot of the perception differences you’re seeing come down to context and what people value (recruiting outcomes vs. academic reputation vs. campus experience). wirkutskijkarl
+2 Not sure how you pay the bills right now when you're paid on commission and no one is hiring. If you're third party you also have zero control over your own destiny. CRE
+2 Inflexion and HIG in the same breath as the others is certainly a choice Associate 2 in PE - LBOs
+2 Fact of the matter is that the average person has better brand recognition of Capital One and attributes working at Visa/Mastercard equivalent to J.P. Morgan. Exception is Goldman Sachs. SAoNothing
+2 Focus on: Prospect in IB-M&A
+2 Firstly, congrats! And if you wouldn’t mind a couple of follow-ups: Did you leave without anything lined up? If so, how’d you manage that dynamic if/when it came up in conversations with prospective employers? Analyst 2 in IB-M&A
+2 I don't get it, but that's fine. The money is really good relative to the hours and the work is highly intellectually stimulating. hedgehog9
+2 If you're a guy that keeps count, you're either a loser or autistic. PrivateTechquity 🚀🚀🚀
+2 That's exactly what they're doing. Very unlikely a debt fund is going to foreclose if they're paying debt service and maintaining the property. Multiverse