Highest Ranked Comments In The Last Year

+2 You had a junior VP running the model rather than the associate? Investment Analyst in HF - Other
+2 no ties, maybe u can wear a tie the first day until someone tells you to take it off or you will look like a corn. Incoming Analyst in S&T - Equities
+2 Wait she was smiling? You’re right that changes everything she deserved to die eatbitda
+2 First off, congratulations on retirement being around the corner. Love seeing vets in finance and not slinging tee shirts or working in CIF. HighlyLeveraged69
+2 I’m a VP that went to M&A banking after some time in PE. I had never done M&A banking before. VP in PE - LBOs
+2 dude you suck lmao someone probably thought the same shit about you as an intern but had the kindness and grace to not ruin a kids senior year over it Analyst 1 in IB - Cov
+2 Indeed, I think start at 9am and leave at 8am next day is pretty much the norm. Plenty of time in between to relax.  muhittintufan
+2 There are general practices to simulate weather probabilities for days beyond the forecasting window. oil_quant
+2 I’m at another Boston bank and a couple of my friends work there Prospect in IB-M&A
+2 (rest) as a concept is so ridiculous, no one is ever taking jpm ecm over any bb/eb coverage role  Associate 2 in IB - Gen
+2 Have not heard about LP discontent. The people leaving seem to be pursuing more lucrative opportunities or exploring a more entrepreneurial path. It is a large platform with substantial flow and sponsor relationships. Swine-Linked-Notes
+2 Hey @Determined , hijackin Principal in VC
+2 Intern in IB - Cov
+2 Removing DEI from board selection is a bold step. I wonder if this reflects a change in internal strategy or is more about optics and regulatory considerations. huanlamunov
+2 Okay then leave or don’t work here? America has an abundance of talent in finance and doesn’t need H1Bs to work in this industry - we only extend these opportunities out of generosity. Associate 3 in PE - LBOs
+2 PEarbitragehilarous CRE
+2 My bank appears on your list of BBs that sponsor, but internally we’ve been instructed not to advance candidates who require sponsorship this cycle. Analyst 2 in IB-M&A
+2 been in those shoes many many years ago and IMO you're overthinking/overweighting this one interaction: Research Analyst in AM - FI
+2 There are actually examples in the UK where bankers did insider trading with flatmates, so its quite possible some firms will require the disclosure. Summa101
+2 Didn't mean to sound cynical but for your plan a lot of things need to go right. I've been in the same position. Did a so called "target" master in UK, but had to return to my home country and settle for lower salaries. Analyst 1 in IB - Restr
+2 I wish I could get paid to walk around cities it’s my favorite free hobby johnny-mnemonic
+2 UBS ECM revenue is only up because the broader market is finally picking up. Analyst 2 in IB - Gen
+2 Happy to help. Not necessarily difficult, but will need persistence. Associate 1 in Private Credit
+2 Not entirely sure how you can say something isn’t being factored in to the stock if you’re not modelling the impact.  Analyst 1 in HF - EquityHedge
+2 Much easier to lateral at the analyst to associate level. Your pedigree is not unique. Associate 1 in PE - LBOs
+2 Saying one banker is good because they got on 1 IPO deal in the 2/3 seat is comical, but the state of play for the team Associate 3 in IB - ECM
+2 Based on brokercheck it looks like it’s just a handful of senior bankers badged to the office, that’s also used by non IB coverage UBS groups Analyst 2 in IB - Gen
+2 You are correct TopBoy.-
+2 If it’s anything like the one I did years ago you will ace it given your background. If not then it did its job bc if you can’t link up a three statement model then you can’t model well enough to be an analyst Investment Analyst in HF - Other
+2 Did you not just answer your own question? Esque_
+2 OP is so out of touch it's hilarious. NuclearPenguins
+2 To be fair, it’s a marquee sponsor exit into the public markets, and UBS getting a co-lead spot is notable given the context. Analyst 2 in IB - Gen
+2 Just to make sure I'm reading this right, we are getting half of our normal base pay when working overtime instead of 1.5x? So we are losing out on tens of thousands of dollars??? chimpuser2333
+2 Did three years of banking before moving to PE and I am a T1D. Worked primarily M&A so not always ideal hours lol. Associate 1 in PE - LBOs
+2 Exit opps include corp dev, LMM/MM PE (Linden, Waud, JLL), and have seen laterals to BBs and EBs. Analyst 1 in IB - Cov
+2 accounting team? lol Analyst 1 in IB - Gen
+2 For deal flow most analysts are staffed on multiple live deals and assist in BD work/pitching. Analyst 1 in IB - Cov
+2 Bro ur an incoming intern and u already think u want to stay? Just wait til ur actually on the desk you’ll prob change ur mind Analyst 1 in IB - Cov
+2 Thank you for your insight. Eastdil's Analyst Excel exam is building a model from scratch, which is why its applicable for a college student interviewing for the team Prospect in RE - Comm
+2 I think it’s a bad career move to purposefully try to “lower prestige” think in the long run. That being said I know some groups at TD are killing it, like there energy/development group or whatever it is. Associate 1 in IB-M&A
+2 I just get worried about operating something too small and spending all my time working within the business instead of scaling an investment firm. Betting on yourself will lead to better outcomes 80% of the time. Principal in PE - Other
+2 I think many people worry too much : just go for it! tcbflash
+2 Thanks a lot! Thats very helpful and I will read the new rules. MysteriousBanana
+2 On 1-3 depends on whether the team was up and PM has rights to unpaid P&L (standard practice is have payout rights if fired, no rights if resigning - but there are exceptions). PM in HF - Other
+2 It's 1998 kid, the party's just getting started nooneinparticular
+2 Great post, SB+ This is the kind of content that made this site a must have in finance. This and, of course, the exchange and banter on economic topics and usual off topic on cars, places, clothes etc. hungaroe
+2 Beyond “IBD”, you’re not saying what exactly you’re targeting, so I assume you want to break into M&A in DACH. Chimchar
+2 if anything this is the time to do it before you have a wife and a kid and a goddamn mortgage jo_x11
+2 The biggest difference is that you need to significantly ramp up on your accounting knowledge coming from MBB. Associate 2 in PE - LBOs
+2 Wharton in the same bracket as “university of Melbourne” has to be criminal Analyst 1 in IB - ECM
+2 I agree it's not useful to look at one quarter in an industry with long sales cycles but how can you call them whale hunters when their average deal size is under $200 million? ballsdeep singh
+2 Including it would potentially be very polarizing. I.e., some will love the hustle, and others will look down on it and consider it a non-starter. I did not list mine, just expected graduation date. VP in PE - LBOs
+2 It gives you instant credibility to some people, but it only gets you in the door. If you show you're an idiot the moment you open your mouth then Harvard can't save you. Miracle1111
+2 I would do the CFA level 1 which is fairly easy for someone in finance and I would also do the online Master's. I Beg to Differ
+2 I think people in these comments need to start putting how much of financial assistance they received to get to their NW to make it more "realistic"... Investment Analyst in HF - Event
+2 Yeah this is what I’ve decided. Things I liked about banking:-intensity + adrenaline-really challenging + fast learning at first-smart, motivated ppl-rapid career advancement -comp, prestige A1-coverage
+2 The energy‑independence claim doesn’t line up with how the U.S. energy system actually works. Jonathan Wick
+2 Read Gappy to understand sizing and risk.Read James English (Applied Equity Analysis) to understand multiples, earnings power, and competitive strategies of companies.Read journalistic or history boo longandshort
+2 Close friends work there its portfolio management; maybe dependent on location but supposedly your portfolio weights and decisions are actually executed. SAoNothing
+2 "UHNW daddy’s money/successful entrepreneur girl that has more money than me but is less attractive than me" "my physique is pretty much flawless" Capital of Structure
+2 If you were really in restructuring, you’d know that league tables / ranking does not work in an industry where each firm has their specific niche. Analyst 2 in IB - Restr
+2 Be wary as it's obviously summer and peak-time tourism unders
+2 What does this dynamic mean for PE writ large? throw-away-account1
+2 Please feel free to correct me then? Just saying I'm correct with absolutely no elaboration is not helpful? Associate 1 in AM - Other
+2 Curious if anyone here use LinqAlpha and Tenzing Memo? I've been trying them over the last few months, felt the progress of improvement is amazing! elva2sam
+2 Thank you ! Any specific way u studied the 400 ? Mr. Moe
+2 “Perhaps by intention…” is powerful. I wonder if these hours are indeed put in place by the executives with literally 10,000x the wealth of most of us… but for what purpose? itoolikepeanuts
+2 Best bet, honestly, with having no exposure to other structures, I'd go to any GSE lender that has other products, like IB side or balance sheet that focus on MF but also do other classes. CPMA's15
+2 Rule #1: never take what other interns tell you about their reviews at face value. What incentive do they have to be honest with you if it went poorly? Analyst 2 in IB-M&A
+2 Vet here, got med sep'd early and eventually went back to school. Do you enjoy the military? MBB may not be what you expect, but it could also be very rewarding and fulfilling. unamedbanna
+2 LOL wso is so good for entertainment after you realize this.  hankpim
+2 worst of all of them Intern in IB-M&A
+2 Sounds like UBS management has succeeded in increasing attrition, given the comp issues and mandatory 5 days in office, etc. UBS GB Americas simply isnt a good place to work. Intern in IB - Gen
+2 Interesting, I thought MDs made careers through focusing on the details? Figures below suggest you are wrong. Associate 1 in VC
+2 Coming from outside the product group, so take this with a pinch of salt, but different banks use different names and scopes for PCA Analyst 1 in IB-M&A
+2 idk personally i would be careful going into any direct investing pensions seat, pensions like CPP and recently AIMCO is getting backlash on the cost of operating with the direct strategy, idk whats your personal situation Prospect in IB - Gen
+2 Process management is a coordination problem and AI becomes less relevant. firms I've seen do this somewhat well use something simple like monday or asana with lightweight automation on top. Dr.Leigh
+2 Perella SF and it ain’t even close. The rest are absolute trash overlord481216
+2 Still the same jump as pre-excel and spreadsheet financial analysis and projections to modern. We can instantly model different scenarios of conglomerates financial models. Anonymous Monkey
+2 Platform has been growing well in the US with there being momentum in M&A, but at the end of the day it is still growing back into it's old shoes and mainly serves as a balance sheet bank when it comes to financings at Analyst 1 in IB - Cov
+2 The process is pretty sporadic tbh. Mostly everyone will get the hirevue. Some people will get it within days, sometimes it takes weeks. Works at Wells Fargo and Company
+2 Interns must make mistakes. Get out of here, it’s his first real-world deliverables. Finance is not SpaceX, it becomes easier with repetition  davani1420
+2 Sure, but that doesn't excuse the shooting. No one is saying she should've driven away. She shouldn't have. She shouldn't have been there in the first place. usernameladiesman217
+2 Tiers are pretty much all subjective, but I would say they should be based on everything, from total Liab, billable fees, complexity of the deal, reputation if the firm, compensation, Debtor vs UCC side of deals, etc. rolo25
+2 Wanted to close the gap on this. I received the tax credit without a hiccup. Audit roulette is still on the table. valueadhd
+2 Bought a building materials company 2 years ago.. 2m EBITDA. The search fund model is a waste of time IMO. You are better off operating as an independent sponsor. Principal in PE - Other
+2 +1 to @vc_since13 said, it's definitely a difficult path and one that requires you to network a ton and be in the right place at the right time.  Determined
+2 RBC M&A B+/A- anonyyyymous
+2 bagelenthusiast
+2 I worked in this group and can confirm pretty terrible pay. The hours are not absurd by any means but for what you get paid it's laughable. Associate 2 in PE - LBOs
+2 Keep a log of all the interview questions you got and drill them - all these interview processes are more similar than they are different. Keep drilling on LBO practice models and technicals. Associate 3 in PE - LBOs
+2 I consider modeling to be a negative P&L activity. Valuations are a reflection of vibes, comps and momentum. thisisanexampleofausername
+2 Really? Because this just so happened to be how I got my first PE associate role and how I got lateral opportunities thereafter. Associate 3 in PE - LBOs
+2 you'll love it, great card - the weight of THE NOTORIOUS's return was immense, thankfully nothing buckled under the pressure. Even beyond the main event, the whole card really had legs. Invalid_CREdentials
+2 Before that, you had to go to experts to do some random grunt things and you had to pay them. Now, you will be able to do lots of things on your own without having to spend any more for outside services. I Beg to Differ
+2 All of the above, and there are some schools that place very well in their regions. SMU/UT-Austin in TX, IU for Chicago, etc. Investment Analyst in RE - Comm
+2 Basis got their agency license during the Biden administration. Roundabout way of saying Basis was given $150 million from Biden because they have a black woman as a cofounder.  Prospect in RE - Other
+2 It’s so over Assist. VP in RE - Comm
+2 HL is hosting like monthly "birthday parties" and other random happy hrs/socials, but i would rather see a larger bonus number than eat three slices of cake from magnolias Incoming Analyst in IB - Restr
+2 Little insight is that ICG is the big player in the space due to fund size ($11bn which includes $4bn of committed co-invest). They’re able to charge higher carry (I’ve heard 20% vs. Associate 1 in PE - LBOs