+2 Hi Sir, thank you so much for doing this. I held a Bachelor degree of math outside of US and graduated from a top MFE in 2025, after which I worked as a rates Quant in a BB bank. Analyst 1 in S&T - FI
+2 So you haven't actually started working and are already bitching? Dude, there's plenty of things to complain about, but you haven't even done the internship yet, let alone worked a full time job. Analyst 1 in S&T - FI
+2 Harvard BA and Oxford BA is more prestigious lol nobody respects Oxbridge postgraduate degrees except for the Oxford BCL and BPhil and the Cambridge Maths Part III. Intern in IB-M&A
+2 Thanks sir! Long-term I think anyone in the seat would pursue CFO and thats the best path (aside from Head of Finance from this seat) but I will probably be too burnt out by the time I get there tbh.  Analyst 1 in IB - Cov
+2 Non-comphrensive and based off where friends at the firms in question have told me that the firm has both bad hours and assholes: Centerbridge, Golden Gate, Audax, MDP, GIP, Searchlight, Onex, AmSec, and Abry. Associate 1 in PE - LBOs
+2 Fucking legendary last sentence Intern in ER
+2 At least in my class it was a lot of ILR but then again we're not talking about that many people total and it could be randomly different at whichever MBB youre at. Intern 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 Congrats on the new home.  Commodity.Chimp
+2 There aren’t any  Associate 1 in IB - Gen
+2 Thanks, it’s honestly hard to gauge. I genuinely find learning about companies interesting (otherwise I wouldn’t want to build one), so investing could be a good fit… but I can’t tell how much of that is real vs. Prospect in IB - Restr
+2 ignore title - it’s stale Intern in IA
+2 Agree if you mean the M&A league tables rather than going to some debt mill like bnp or MUFG Incoming Analyst in IB - Restr
+2 I've heard UBS is about to leave Banking to make it in the Banana business  Sharky286
+2 Whoever commented that they’re shutting the strategy down evidently doesn’t work in MFPE Associate 1 in PE - LBOs
+2 Worst MD in the firm that I should avoid? Prospect in IB - Cov
+2 I mean I do not have the most experience in something like this but based on research ive done on MBA placements you should be fine. Prospect in IB - Gen
+2 So far my experience has been if PM wants, platform more than willing to support, they share documented processes for hiring and transferring candidates in each region. PM in HF - Other
+2 moneymaker03
+2 tbh i think georgetown doesn't get enough recognition on here, the peak frameworks data showed it was the second highest per capita target placing into ib. for reference the top 5 were m8donth8
+2 EVR RX Typical (50-60%): M-F: 9-10/11 + some wrap up work Wkend: 10hr When there are deal sprints/ unlucky timing/ working w inefficient team (40-50%): M-F: 9-12 Wkend: 15-20hr Analyst 1 in IB-M&A
+2 Depends as you naturally have a ranked approach ie tier 1 LPs who likely have a higher chance of success in underwriting the deal with sizeable tickets, tier 2 LPs who can do small tickets and might be able to the deal and Analyst 3+ in IB - Cov
+2 stop praying on bros downfall Prospect in IB-M&A
+2 you should try to leverage your vandy acceptance letter for a bigger scholarship at georgetown to make it cheaper/same cost at least. would also email soon since they'll close for winter break.yeah you can. Intern in CorpStrat
+2 Ignore title - left my MFPE role to pursue something more entrepreneurial, albeit still within the realm of finance; joined an up and coming growth fund as hire #4. Analyst 1 in PE - Growth
+2 One potentially important input when valuing companies on the basis of “AI readiness” is forming a view on where AI capabilities are ultimately likely to plateau. Ferris Bueller
+2 Expect a few questions on story / motivations. Followed up with technicals (would go through restructuringinterviews / debt & leveraged finance section of WSP redbook). [email protected]
+2 Working at UBS, I thought the worst that could happen is your bonus gets fucked… nontargetmarket
+2 There is nothing in common between those two deals other than the fact that both were passed by DemocratsSimilar to Obama's deal, that deal was torpedoed by hawkish Republicans Soros_
+2 Do not go to Princeton or Columbia to get into IB/PE. Those are financial engineering programs and will not help you in any way for traditional finance, from recruiting to the coursework. Intern in IB-M&A
+2 UBS breaks the law frequently with scandal after scandal since the well documented Nazi sympathizing days Associate 1 in IB - Gen
+2 OpenAI added: "Addendum: Why AI Outcome Uncertainty Strengthens (Not Weakens) a Readiness-Based Framework Ferris Bueller
+2 Met a partner at a conference and he was so obnoxious and disingenuous. Felt like I needed a shower afterwards. Little Sheep
+2 Office Space True.
+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 For whatever it’s worth, it took me and a lot of my friends about 12-18 months post leaving PE to feel like our pre finance selves again. Associate 3 in PE - LBOs
+2 The full first draft valuation model open for feedback (again with help from OpenAI): Proposed AI Readiness Scoring Rubric (0–100) Ferris Bueller
+2 Some more stuff from him:  Analyst 1 in PE - Other
+2 Not to hijack but I'm in a similar position (AM wanting to know more about accounting) and how can I get up to speed on things like Retained Earnings and how they balance out to a P&L (this is probably pretty straightf Associate 1 in RE - Comm
+2 Knowing these canadian hardo ppl at boutiques they may ding for that, especially if its mining Intern in IB-M&A
+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 I don’t think I was as confortable with using excel during my internship. ebitda2736
+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 I can't tell what's cornier: wearing MBB merch in public or McKinsey doing this Intern in Consulting
+2 Been using Claude heavily in live deal work for the past few months. The biggest shift isn't replacing people — it's compressing timelines. Alpha Stack
+2 When I was in PE back in the day we had a tie requirement and 5 days a week in office policy (really like 6). Now I wear lulus and a sweater, WFH friday and after 6pm, less work travel, and no mandatory happy hours. Associate 3 in PE - LBOs
+2 Your grammar alone, coupled to your reaction on which you seem to pride yourself leads to me thinking you are a very average individual, let alone quant. Analyst 1 in PE - LBOs
+2 This is objectively a low IQ take  Intern in IB-M&A
+2 You should not even worry. Go to BC if you can afford it or go to UCSD if you can't. Both of these schools send a lot of transfers out. Prospect in IB-M&A
+2 They are a high volume shop who do a lot in resi services. Seems like more of a broker than a true IB, but probably decent experience if you can't land a more "name brand" LMM/MM firm. StrategyJunkie
+2 No - I wouldn't pay a premium to go out of state, as I don't view any of those making a meaningful difference long term in your career success. Addinator
+2 Actually quite the opposite in the HEC industry experience side, most of HEC people having taken the année de césure or did several internships elsewhere. guillaume.alexandre
+2 sips coffee *opens WSO* *sees top discussion* *closes WSO* seminarydropout
+2 False from my experience as a Brit who went to Harvard for Undergraduate and then Oxford for Postgraduate. Donkey from Shrek
+2 Because they are getting eaten alive by the labs. Why would you pay for Rogo wrapper when Claude can do everything they can. they have a fancy demo but the actual product is trash. Associate 2 in PE - LBOs
+2 Prospect in IB - Gen: How much of this greater wealth inequality within banking, is reflective of growing wealth inequality in society as a whole? promiskueus
+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 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 Two of the most important personal qualities required for success in hedge fund world are self-motivated drive and ability to conduct deep research. Based on the question you’re asking here, can say you ngmi already Research Analyst in HF - Other
+2 They are one of the most blue chip names in CRE in my opinion. They have a massive amount of capital to deploy. Unfortunately, they are influenced by Canadian politics more than other, better run canadian pensions. johnnyCRE
+2 Thank you brother. It's people like you who keep me on this site haha. I'm happy to hear everything worked out for you in the end. Cheers bro Intern in IB - Cov
+2 "Source: I'm a VP" Also OP: Intern in PE - LBOs
+2 I haven’t walked away from real estate entirely, but I’ve stepped back from active development for now. The last few years have been incredibly stagnant....deal flow slowed, const. Associate 3 in RE - Comm
+2 If you need to ask, it wasnt a good chat. Analyst 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 Du du du du Max Verstapppen  Director in IB - Cov
+2 I was in the same situation as you earlier this year. Given your profile, not surprised that CBS didn’t give you money as they are betting that profiles like yours would take CBS. IncomingFIGsummerassoc123
+2 I wouldn't get another degree for 'prestige' solely. The masters does sound related to your goal, but I'm unconvinced of its benefit given you already went to Harvard (i.e. bobzen
+2 Silicon Valley is a fantastic tv show, with plenty of references to real world events / people acardboardmonkey
+2 I hear Venezuela is looking for a new President The Fool of Finances
+2 Some are good, the rest are living in the office to pretend Associate 1 in IB - Gen
+2 Tight knit junior culture and I think bonuses have recovered back to street after 2022-23 but everyone I know there is getting Worked with a capital W. Analyst 1 in IB - Cov
+2 The issue with private credit vs. private equity is the former provides linear returns with downside leakage and the latter should offer non-linear returns with upside skew.  Principal in HF - Event
+2 We used to do a bunch with them but they've kind of disappeared lately. They typically come back and say "would love to do the debt". Maybe they are gearing back up for an equity bull real estate market. ThatGuyBalls
+2 Might qualify as cruel and unusual punishment. Analyst 1 in IB - Gen
+2 Bloomberg released a new article saying "SMBC has no immediate plans," CNBC said "Jefferies isn't interested in selling at this point," although that would be convenient for SMBC to say. It sounds like an e Intern in IB - Cov
+2 Somehow I gained an additional 2 inches on my dick, in exchange for losing 2 inches on my hairline. StandardHardo
+2 I would add that both funds are huge growth areas for BX broadly (indicated power/infrastructure is one of their main focus areas) and would expect them to scale both strategies dramatically over the coming years. Analyst 2 in IB - Cov
+2 Don’t get butthurt my friend. Go study for your GIMG interview Analyst 1 in IB - Cov
+2 I know you’re disappointed and based on your post you def deserve better, but keep in mind this is a very competitive and very unfair process (much more unfair than IB recruiting). You got into 2+ t30 schools. rooseveltfan
+2 I’ll put CONTI Capital into this bucket as a firm. Had capital not been easy to source Carlos had zero business in real estate. Carlos had a good story but was a try hard. QueefLatifah69
+2 People aren’t responding to shit now. We are trying to close deals before the new year and nobody is trying to work after Dec 20th. I imagine our bankers on our deals are cranking even harder than we are. local_finance_bro
+2 BofA  prioritizes and handholds their putrid middle market group because it’s a “growth focus” for leadership. Coverage brings in the business and does all the work. RBOB_squarepants
+2 Congrats on uchi! Does your ex boyfriend go to stern rooseveltfan
+2 I really appreciate your perspective. One quick follow-up for everyone. I’ve heard the stories of how the great investors of this generation spent countless hours reading, learning, and perfecting their craft. soccerbasketball1234
+2 Firm wasn’t big enough to open up a full time role, and they explored bringing me on on a contractual basis but I cannot start off my career like that. skeetskeetbangbang
+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 Fraser goat Analyst 1 in IB - Cov
+2 Yes go. Don’t think twice. Even if you get into IBW and the recruiting outcomes end up being the same, the long-term value of being able to say you went to a school like that is priceless (in comparison to IU). rooseveltfan
+2 It’s the Dunning-Kruger Effect. Developer in RE - Comm
+2 UF californiakid2003
+2 . IB Asc2_monk
+2 Whats unfortunate is if you're one of the "good" ones as the amount of undesirable ones come in you increasingly get lumped in with them too  QuestionableExpenses
+2 I agree with your list but I've also seen CPG, retail, travel/tourism, professional services, and other companies in a variety of industries with a solid corp strat team.  Associate 1 in CorpStrat
+2 If you genuinely don't know which side of the coin you would prefer, go with the biggest name. It will make re-recruiting easier if you make the wrong choice.  CRE
+2 Can’t speak to HFs or for others I’m banking but I care about: 1. The structure of the case; 2. Market overview; 3. Thesis; 4. Valuation (you need to have DCF, precedents, and public comps); 5. Formatting. Green Zeus
+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 Holy fuck get off the internet JetsTanksSubmarine
+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 Not the safest lol but at my old job we did dodgeball at one of those indoor trampoline parks. I pegged my old MD right in the face lmao. larry david