+2 Congrats on BofA Prospect in IB - Cov
+2 Take the Head and move on Associate 1 in IB-M&A
+2 Hard to maintain quality once you get pretty big. Overall, still a reasonably good fast casual option relative to the alternatives.  anonymous investor
+2 “I may have the opportunity to go into partnership with someone into a very niche (but lucrative) RE/Operating strategy. Does anyone have any advice on how to think about this decision. IsItREPE
+2 Depends a lot on the group you are going into. Haven't been here long, but have heard people a year before I was here landed at MMs with ease. Analyst 1 in IB - Cov
+2 PCA means a few different things depending on the bank. Generic Banker
+2 the Lazard London tech team does not currently have an MD The ceo is kind of their MD since there is no one else Analyst 1 in IB-M&A
+2 any idea if the WLB / culture in credit is similar?  deas7
+2 Bump Intern in IB - Gen
+2 Just another example of enshittification. Companies can only raise prices so much, so cutting quality is the only other option to easily grease margins. CRE
+2 “Long-time lurker” *checks account life and sees 2 days 7 hours* asdf1248
+2 I was waiting for someone to make a post about this. The pictures are insane and look so dumb, but I might be egotistical enough that if someone wanted to interview me I might have trouble saying no  Zyns_And_Excel
+2 The third one sounds cool but won't help you get into hotels. I'd do 1 & 2 simultaneously. Go buyside if you get a great offer, but otherwise, keep biding your time.  CRE
+2 Interested as well given that I just joined a LMM and hope to move upstream in 2 years after my analyst program (not 100% sure on this point  - hours are not as bad as other firms and comp is supposedly competitive, w coolmowgli52
+2 You should be angling for a far more aggressive comp structure with this new firm.  Carry, bps on acuquisition and disposition, bps on the AM fee if you will be doing that type of work as well, etc. PEarbitrage
+2 lol you’re an analyst 1 you can’t do shit KageSelly
+2 It was a joke with no jealously involved (happy that you have two great offers). Analyst 2 in IB-M&A
+2 Junior analyst hiring will fall in my view. Many $1bn + SMs don’t even have many juniors and seldom hire. Managing Director in HF - Other
+2 34. Want to get to the financial independence portion of my life especially given how bleak employment in finance looks with AI. imsurance
+2 both are trash, go to TMU oldmanpushingcart
+2 Has been improving over last couple years. Competitive industry but there’s been a few solid senior hires so should improve over the next few years Intern in IB - Gen
+2 For masters, no. Waste of money Analyst 1 in IB - Gen
+2 HL deal committee when they see a 20 mm ebitda sellside Analyst 1 in IB - Restr
+2 essketitcuh Analyst 2 in IB-M&A
+2 You will only be tested on elementary basics. Justin Kivels basic pro forma, case study modeling course on Udemy will more than prepare you enough. [email protected]
+2 What do you expect when you are led by two mumbling fools Associate 1 in IB - Cov
+2 Most of the sponsor buysides have multiple advisors. I seriously doubt Union Square is ever getting any large-cap lead buyside advisor mandates no offense to them. Analyst 1 in IB - Gen
+2 Found Lina’s account KageSelly
+2 Zyn_God98new to US politics here, can you explain to me what the actual serious things in life are, Ozymandia
+2 The correct pronunciation is “muh-KAB-uh-kus” (ma-CAB-a-cus). Isaiah_53_5 💎🙌💎🙌💎
+2 There are not that many funds, apart from pods and mutual funds, that have real junior level roles. Investment Analyst in HF - EquityHedge
+2 Isai Peimer at Baly. Very active over the last year. Analyst 1 in HF - Other
+2 They weren’t even alone on the buyside. They can’t really do anything except provide debt financing Analyst 2 in IB - Cov
+2 Am US based. Tiering is subjective. Analyst 1 in IB - Gen
+2 The reality of PE recruiting is that headhunter coverage varies a lot by person. I ended up at a $15bn+ UMM fund, but only two headhunters showed me UMM/MF roles. Associate 1 in PE - LBOs
+2 Deo et PatriaeCongrats on surviving Day 1!How was your table? Any notable names? (poker pros, celebrities, etc.) Isaiah_53_5 💎🙌💎🙌💎
+2 What you’re talking about doesn’t happen very often so it’s hard to say what the best practices are.  I know of one guy who did it (industry to equity research) and his was networking based.   oil_quant
+2 I have no affilation with UBS nor have I ever worked there. Who is Tanner, is that the UBS person your gf cheated on you with or something? Associate 1 in PE - LBOs
+2 Projecting much… IHateHardos
+2 sounds like u wld make a great md! Prospect in IB - Cov
+2 That guys bullshitting Know from some people on the team that it’s not sent out yet. Analyst 1 in IB-M&A
+2 Great points, but please allow me to rebuttal. Deal Team Six
+2 Similar to NNN CRE, the hotel industry revolves around a franchise model. Marriott and Hilton don’t usually own the assets holding their flags. Development roles at Marriott, Hilton, etc. Analyst 1 in RE - Comm
+2 Why did I go into PE? FML Principal in PE - LBOs
+2 What is the point of this though? You are not exiting to firms investing out of the US meaning your deal xp is largely irrelevant beyond the high level/general pe target rationale? Associate 3 in IB - Cov
+2 Context: I work at a MM industry group (M&A + Capital raises) and our industry is ripping consolidation and capital raises right now. Analyst 1 in IB-M&A
+2 Analyst 1 in IB-M&AWSO hates Indian people, you probably won’t get helpful responses on here VP in PE - Other
+2 really suprised blair isnt on here, regardless of recent news Intern in IB - Cov
+2 You make a lot of good points, and you are right on some counts. I thought I'd share why I declined the IB one and accepted this trade ops offer, ultimately. amazingpi
+2 30 yo, $1.4mm, took 2 years for MBA. Scholarship for undergrad and all loans for MBA Associate 1 in IB - Gen
+2 Not sure how much visibility you have on Junior Comp but can confirm from multiple data points that Laz, EVR, Roths pay is on par with BBs and even less than BAML. Associate 3 in IB - Cov
+2 Genuinely very interesting question that I've considered before too.  monk_of_the_land
+2 It's going to be very hard with your background. You're better off joining a start up in biz ops, learn how they work and build your network from within the industry. Determined
+2 The visa stuff has only gotten impossible in the last year or so, so sponsoring prior to that (or at least committing to hire prior to that) isn't really a good data point. Associate 3 in IB-M&A
+2 See my comment above about my background. Analyst 3+ in HF - Event
+2 Really depends, some promotions are so political and other coworkers might get screwed in the process. At least where I'm at right now, that's how it is. NewIndustryHorizon
+2 ffx900What’s your thoughts on hiring L/O analysts or those trying to make the transition into L/S? Any advice you can give ? PM in HF - EquityHedge
+2 In EMEA: PJT (barely ever on any big M&A deal), EVR (mainly does MM/UMM in Europe), PWP, Lazard (especially London, no exits and have been in perpetual decline here) Senior VP in IB - Cov
+2 I’ve not seen the fee flip before so definitely wouldn’t say it’s market. KR8000
+2 I am glad that a vistor had such an impressive reflection for a visit in China. hc200717
+2 Well it depends on what you want but already if a place has great michelin starred / haute cuisine you can't write it off as a culinary destination. Ladd
+2 Agreed with others, get out there and start applying. I don't think your resume will stand out so you will NEED to network, hard likely, to land a spot. Dev_WanaBe
+2 PEI is a young and rapidly growing firm that has secured mandates on $500 million or more transactions against much larger competitors (Goldman Sachs, Lazard, Barclays, Prospect in HF - Macro
+2 Funnier, they are probably only scalable in the markets mentioned before, those markets have oversupply, low absorption rates, now longer concessions, murkiness of OZ areas, and even rent depreciation. CPMA's15
+2 Got it – that all makes sense and hoping you close that deal you currently are on! Surprisingly, funding hasn't been our issue. It's mostly getting to the LOI signing stage that is. LMMPE_Associate
+2 nope defo not. she has a savings account with around $100k in it (funded by her parents), it started at 200k but she's spent 100k already for her bachelors and rent, which has led to no job so far.. mango n lime
+2 I started as a long-only HY/LL performing credit analyst covering specific sectors. My day to day was largely focused on new issue with some exposure to secondary opportunities (primarily names trading in the mid-90s). Analyst 3+ in HF - Event
+2 Big Short - most entertaining Margin Call - most entertaining from a finance perspective  Smartest Guys in the Room - personal favorite  Trading Places - honorable mention, a classic Anonymous Monkey
+2 My buddy works there and said the cultures great. Maybe its just a skill issue on your part. LongtimeLurker102
+2 They are both great firms and well set up in Europe but the difference in feel is huge. Managing Director in IB-M&A
+2 I've taken it. Template-based Excel with locked cells and blanks to fill. You'll need to download their firmware first. Investment Analyst in HF - EquityHedge
+2 Sorry to break it to you but buy-side deals mean nothing lol. You literally spread some comps and do a few calls while the buyer drives everything, and ESPECIALLY if u didn’t close, u didn’t do shit. Analyst 1 in IB-M&A
+2 I’m sorry, I stand totally corrected johnny-mnemonic
+2 Yup, this is consistent with my experience as well. Lester Freamon
+2 I love your comment! Very informative and wise! Eva@01
+2 From what I’ve been told during the recruiting process by the Director and associate. It’s that if AI is used in your analysis essentially you have no edge. cha.chimp
+2 I'm willing to bet that person hasn't left the country much.  CRE
+2 Honestly, if you've already landed a reputable SA '27 hotel PE internship, you've captured a huge portion of the career value that motivated you to attend Cornell in the first place. rogershe
+2 I can't imagine how fragile someone has to be to post something like this and not be embarrassed, both you and the twitter account.  IsItREPE
+2 Sweet spot for what? For it being able to support a CEO so you aren’t in the weeds? For it to be large enough for bigger pools of capital? acardboardmonkey
+2 they suck, AVOID Incoming Analyst in IB - Cov
+2 Definitely a good sign to have massive turnover at what’s supposed to be a growing platform… any good exits have been in spite of the fund. See the multiple people who left mbb and went back.  Associate 1 in PE - LBOs
+2 I think LLM capabilities when used at full capacity today aren't chatbots like Claude and ChatGPT as many think of them currently. FinServces
+2 Any thoughts on how good exits to BBs/EBs are? Both for Levfin and M&A Intern in IB - Gen
+2 I'm not sure I'd call him one of the largest developers in the country, but from the little anyone seems to know about him he's a super impressive guy. Ozymandia
+2 Not really finance unless you're in VC but Silicon Valley? It's fucking hilarious, insanely accurate lol m_1
+2 I guess everyone fudges their numbers to a certain extent. But its always nice to know how you are actually performing.  kil
+2 I still think the only reason someone should do IB is for long term career opportunities outside the industry. No normal person should be looking to make a career in IB. crazylifechoices
+2 Nice LARPing dude - your post history shows you couldn’t get VP promotion 3 years ago and then 8 months ago posted a comment saying your peers are “VP/Principal”. Slow day huh? Associate 1 in PE - LBOs
+2 Never knew UBS fans existed. Don’t worry pal, there’s always next year! Prospect in IB - Cov
+2 None…look at the basket of KKR / BX / ARES / APO (I leave Carlyle out because they’ve been struggling for a long time and that was known even with cursory outside in diligence) over the past 5 years, and compare that again wso_registration_yvVPp52m4u
+2 Take this with a grain of salt since I am just an associate, but I think true WLB is a myth. I don't know anyone who above me occasionally is not hitting some longer hours (~60ish max) in banking. Associate 2 in IB-M&A
+2 *Frutiger Light not Calibri plz fix But seriously, do not end up in RELL, Tech, M&A, HC, FIG, M&T. You will regret. Analyst 2 in IB - Gen
+2 Yes but some more than others based on what I'm reading. JEFF, Gugg, PWP, WF and Laz seem to have the most fingers pointed at them FCCR
+2 Congrats on your deportation and good look with Mumbai real estate! Summer Associate in IB - Gen
+2 Not doing fine, o the brink of spinoff or rebuild next year. Book it! Associate 2 in IB - Cov
+2 Honestly a good choice for your life and happiness overall given you are helping people. That’s the most important thing at the end of the day, and any company worth their weight in shit would see that. OverleveragedUnderappreciated
+2 Totally depends on your lifestyle.  Its absurd to think you need $10M saved to be comfortaly retired in NYC with 2 kids unless you're covering their expenses (and their kids) for the rest of your life. NewIndustryHorizon
+2 with your height I wouldn't even bother trying to get lean - girls won't care anyway. money is your way to pussy (and nothing's wrong with that - everybody should be playing their strengths). Kevin25
+2 Going to try and help where I can as I have  experience with operating models in this space. Cannot speak for deal models in the same way. cfperson123