Highest Ranked Comments In The Last Year

+2 MoneyEUMonkeyCouldn't help but may I ask that why did you choose infra over corporate buyout or credit? Many thanks for any insights! JT the funky homo sapien
+2 I am a data center developer that also invests in small multifamily (2-10 units) in the greater DC/Baltimore/Richmond area on the side.  jl12
+2 Respectfully, if 30 interviews did not work out you might need to reevaluate your prep process and figure out what’s going wrong. It’s ridiculous to keep going without a change. Analyst 2 in IB - Cov
+2 if your family income qualifies, QuestBridge should be the first thing you look into this fall. OFFERGOBLIN
+2 PE fundraising is a lagging indicator. The fundraising problems are likely to arise once people come to realize almost all the 2020/2021 vintage funds are going to be duds. Associate 2 in PE - LBOs
+2 Evercore mental math was probably what stood out to me the most. they had hard numbers and specifically said to not use a calculator Analyst 1 in IB - Cov
+2 I'm a performance artist who happens to post in online real estate forums /s  asmith_1
+2 You should learn to prompt Claude on your own. This will increasingly be a differentiator and a marketability trait. Investment Analyst in HF - Event
+2 as an IB analyst, gotta say that the Indian offshore team for presentations, back office, IT are all god awful and completely useless.   Analyst 2 in IB - Cov
+2 I hate it break it to you, but when you claim attribution for ideas or P&L at interviews, many of us don't give any credit. Too many people making stuff up or outright lying. MMPM
+2 All the EB’s ask hard multi step accounting and restructuring technicals. CVP and PWP tend to combine these with the more “out of the box” questions such as brain teasers, mental math, curve balls etc. Associate 1 in IB-M&A
+2 i'd probably just go naked honestly. Intern in IB - Gen
+2 Fiji VP in PE - LBOs
+2 Honestly sounds like you maybe just aren't asking the questions from a place of wanting to learn and understand their background. LAXPipeline
+2 Petrie Partners and PEI. Two energy boutiques that pay 1st year analysts 210k  Associate 1 in PE - Other
+2 I know this is a rage-bait thread, but honestly, I had never heard of AECA until I re-downloaded WSO about a month ago. Isn’t it just a standard MM shop focused on PE-backed deals? Associate 1 in PE - Other
+2 Would suggest trying to get a typical IB job at a top bank if you can do it. Shmova_Mendoza
+2 Personally would say ESCP, I went to Bayes and did manage to land an IB offer but that was mostly because of prior internships. Intern in AM - FI
+2 Since there is a lot of criticism and not feedback, here is the deal: Prospect in IB - Gen
+2 a couple data points across 500mm funds in T3 cities: all are 50/50 base to bonus split Associate 2 in PE - LBOs
+2 I had an interview for an acq role that sounded great until they said the comp was commission only. The question becomes what is the difference between this role and being a broker/advisory? laffer
+2 good clubs are worth taking seriously here. it's basically the first look you get at how recruiting works at your new school, and which banks and alumni pick up the phone when a student reaches out. OFFERGOBLIN
+2 Any other cycle, REPE>FO, but right now, FO all the way.  Less upside but you're active (which gives you long term upside) over the current REPE guy who has illusory upside (it aint coming) and can't be active. asmith_1
+2 I’m in this situation and have seen it happen to one other person. This situation is not normal. The primary reason for this is to pay you less and limit your ability to advance your career. Analyst 1 in HF - Other
+2 you could be calling your friends and family for northwestern mutual all summer Analyst 3+ in IB - Cov
+2 MF PE is not all of PE and the downsides of MF PE have been so heavily discussed that nobody with any intelligence should go in with expectation of a career track role. Associate 2 in PE - LBOs
+2 AI's mainly killing the grunt work (comps, first drafts, data cleanup), not judgment or client skills that's still what makes bankers valuable. Junior roles are shifting more than vanishing so far. niketan-sharma
+2 One thing I'd add is that procurement teams often spend a lot of time negotiating rates but not enough time defining acceptance criteria and change request processes. shawnyuan
+2 All of the stuff about the hours, understaffing etc is pretty accurate; expect to log off at 2-3am M-F with weekend work most weeks. They churn juniors a lot. Analyst 1 in IB-M&A
+2 Aviation focused IB. They were on the spirit restructuring which is why they're on the league tables Analyst 1 in IB-M&A
+2 Going to add a different take: I think at any of these offices that are a satellite, need to be very hesitant. In that situation, I may even opt for Blair/Baird/etc. username21093
+2 Yes except most funds have a 10% promotion rate. TA has some of the bloated mid levels and probably one of the best funds out there for promotion visibility yet even their promotion rate is around 20%. Analyst 2 in IB-M&A
+2 Currently an analyst at an EB (PJT / MOE / LAZ) that A2A after two years, and yeah, going to PE is a pay cut, esp when all in Aso1 makes 400k on top of 75k promotion bonus. Analyst 2 in IB-M&A
+2 Yea this is a valid breakdown. I will say though that my girlfriends don’t really care, ask about, or know entirely what PE is (so I never bring it up). Anonymous Monkey
+2 Big red flag. Why are the founders so broke that they can't pay a salary? How are they going to afford to buy anything? BuySideIntern
+2 Just had an offer rescinded cuz the higher ups decided there wasn't room in the budget :) Developer in RE - Comm
+2 He’s a scumbag and a crook, the end. He should be in jail for blatant securities laws violations but since we don’t do that anymore I’ll settle for him going broke.  leftcoastlenny
+2 Pretty normal but it can present problems if you want to switch firms but not industry.   oil_quant
+2 PEAnalyst009 VP in PE - LBOs
+2 Based off of exits + TC this year and last year, it seems to be very much top tier donttry098
+2 coming from an ivy athlete. being an ivy athlete (especially at a school with strong greek life like cornell&dartmouth) is the best thing ever. you get into any party. you get all the girls. Prospect in IB - Gen
+2 Fraternities usually post the internships their brothers got each summer on their instagram, go look who got banking internships and their linkedin to see if they're part of the program. kohnpork123
+2 Ironic take from SaasChimp, but I think software is very challenged right now (AI headwinds + quality assets bid to perfection at 1.5-2.0x MOIC (if lucky)). SaaSChimp
+2 Sure, but in the long-run the opportunities in PE are far far greater than staying in IB. You also get to develop new skills in PE and get to think like an investor rather than execution monkey. Associate 2 in PE - LBOs
+2 Blackstone M&A always underperformed as a business. Managing Director in IB-M&A
+2 Not a lot of MDs left at GHL. HL Chi is one of HL’s strongest offices specifically their C&R group. Both firms have exceptional exits.  overlord481216
+2  WF is a great place to be if you want to stick it out in banking for a few years, but not a great bank for exits (right now). RBOB_squarepants
+2 You don’t need any of this. I spent basically $0 and broke in. And now you have Claude or ChatGPT is $20/mo.  Associate 1 in IB - Gen
+2 That makes sense, and thank you for the advice! A few things I was wondering about, though: Intern in IB-M&A
+2 disagree. most disgustingly successful guys ive seen like crushing it at 17-21yo are all from poor families or overwhelmingly middle class. deelcheef
+2 Interested in this discussion and would love to read what people in these sectors think. fifth_footnote
+2 I would add that firms will want and incentivize the top level to stay, as turnover at that level is a red flag for investors  m8
+2 With some time having passed since my original post, I thought I'd revisit it. fifth_footnote
+2 the only objective moral barometer is asking if what you do lowers the suffering of other people, and the more suffering it lowers both qualitatively and quantitatively, the more "good" or "moral" it is GS under Blankfein
+2 You guys aren't gonna like this but no I don't think there's enough smart Americans to fill those seats. Some of them might be kind of smart but top companies want the best candidate that applies. Raijin
+2 no, one soft midpoint doesn't sink a return by itself. the end-of-summer call weighs the jump from midpoint to final way more than the midpoint number itself, so a kid who got dinged and visibly fixed it is an easy yes. OFFERGOBLIN
+2 Ew Prospect in IB - Cov
+2 ignore this guy, 0 survival skills, you never know with which type of insecure miserable fucker you may be dealing with GS under Blankfein
+2 I was in a similar position to you. I had 10 days to prep for mck case interview and ended up getting an offer. bananabean
+2 Thank you for the kind words. However, I do want to address something before people take this as one of those like "inspirational/never give up stories".  Prospect in Risk Mnmgt
+2 Obviously we can’t go beyond pure speculation at this point, but I think there’s a very rational explanation for mediocre bonuses at BofA in the past 3 years: lower than expected IB fees. Plain and simple. gelato_cuspids1d
+2 Are you far enough along to get any sense of the firm? CPDDOUGH
+2 Used to work at capital one and knew some BA people. The hours were ridiculously low, a few of them literally left because they weren’t getting enough reps / wanted to work more. Associate 3 in RE - Comm
+2 S++ Tier: - My subordinate’s tearS+ Tier: - My tear- A splash of water from restroom Prospect in IB - Cov
+2 10/10 times you need to take the new firm with successful founders because it is your best (only?) chance of really making substantial money in PE in today’s world. Associate 3 in PE - LBOs
+2 Some are good, the rest are living in the office to pretend Associate 1 in IB - Gen
+2 I mean, what do you want to do? I get beggars can't be choosers, but if you want to keep doing investing though then going to downgrade brand MMIB is not the way to do so. Associate 1 in PE - LBOs
+2 Extremely long promotion cycles, poor culture, low pay, push-out at mid-level not uncommon, insane upside if you make it into the GP. Associate 1 in PE - LBOs
+2 Felt the same way at some points. Realized that if I was truly working hard, and the work wasn’t translating into interviews and offers then that could only mean one thing. Analyst 1 in IB-M&A
+2 Probably not neurotypical, but tbh I have raging adhd so I understand lol. I think the biggest thing is just being able to pick up on social cues and matching the vibe on the team. Prospect in IB-M&A
+2 dont worry it gets significantly worse after your return offer simbarawr264
+2 these IB kids doing mental hoolahoops over a dumb sweaty work for 2 years lol. most kids leave anyway so learn how to model and get out Analyst 1 in HF - EquityHedge
+2 Not worth it imo Pro Veritate
+2 Most traditional search funds are failing to deploy and closing up shop. SPVs are a different animal, but I’m referring to traditional (often post-MBA) search.  SaaSChimp
+2 People posting on this forum tend to be weak socially. Recruiting at small schools like Middlebury are more social skills based since everyone knows everyone. Analyst 2 in IB - Gen
+2 Must be nice to have such wealthy parents you can work for free so easily. Smoke Frog
+2 I'm on the brokerage side at a major name. We have cut our analyst hiring signifigantly. To be honest with AI we just don't need as many junior guys churning decks and data. QueefLatifah69
+2 Somebody update the bingo https://www.wallstreetoasis.com/forum/real-estate/mf-syndicator-bingo Assist. VP in RE - Comm
+2 You sound personally offended by a bank and thats a weird hill to die on   Intern in IB - Cov
+2 Well said in a much more articulate way than me. I think for the question below: it's going to be based on your interests as to see outsized returns at these funds you have to stay for more than just 2 years. Associate 2 in PE - LBOs
+2 I didn’t have any success with completely cold emails when recruiting, but as an analyst, I’d respond to cold emails depending on how I was feeling when the email came in. Analyst 3+ in Risk Mnmgt
+2 Just don’t try to come across as smart, try to come across as trying to learn. Vader_.
+2 Warning. I am going to sound like a huge asshole. But you need to hear this. Because I've started many ventures and failed in each of them. Matchabee
+2 I would pursue the role that provides the best deal experience that aligns with your future goals. Holidayinn
+2 Don’t want to over share in a public form and recommend you reach out directly to a contact at Eastdil for insights. VP in RE - Comm
+2 Sounds to me like you have 2 years of experience and being offered ~110k guaranteed comp.  And then you might get some bonus upside / sourcing bonus, so in a good year you’ll then make ~140-160k total? Associate 2 in HF - Event
+2 Essec has less than 2k alumni in London. Go home kid 😂  Business School in IB - Cov
+2 On the multi-brokerage side and we quit sending deals to S2 a long time ago. Scott Evertt is a bozo. They sued LP Whisper who was pretty right. QueefLatifah69
+2 What about the international MBA asos? Analyst 1 in IB - Cov
+2 And they do. Harder for them to leave but they still find their way out. Generally only lower middle bucket / bottom bucket internationals stay at UBS (some exceptions)  Analyst 1 in IB - Cov
+2 There’s only one correct answer and it’s to hit the gym. Good luck lil bro Amazon Prime
+2 CAP / P72 - legacy pod grad programs, best training and average outcome from this program the best because they can teach anyone l/s investing. Analyst 1 in PE - LBOs
+2 I recently did! Time to see if my own advice translates Works at Barclays
+2 We definitely need three of these threads a week  IsItREPE
+2 Not sure why you're getting MS, I don't recall seeing Greenhill on a buyside/sellside for any UMM deal for the last 3-4 years I've been working  VP in PE - LBOs
+2 It's a little late but, Prospect in Research - FI
+2 Bump silvermonkeyib
+2 UBS hasn't been a good tech M&A bank for corporates since for over a decade, it was ~5-6 years ago one of the top tech Leveraged Loans franchises who also did primarily sponsors M&A. Associate 2 in PE - LBOs
+2 Eventually becoming the President of France odog @digitalimmortality.com
+2 I’d think about it less as “which side pays more” and more as what type of work you want to get good at. browncre.andrew