+2 Great answer and very similar to my own experience of “fake it ‘til you make it.” A lot of the work you do shows how hard you are willing to work and figuring things out on your own—both critical in being a top tier IB ana GoodAsGoldman
+2 Must suck for him to have to throw in the towel like this Research Analyst in HF - RelVal
+2 I'd bet this never makes it to trial, unless she's really trying to make a point (maybe she's a plant for someone who hates finance?). The insurance company will push the company to settle as it's cheaper than court. TechBanking
+2 Quit my last firm as an ASO without anything lined up. Although I took a big hit on comp, it did end up working out and was able to secure a remote role after being unemployed for months. Associate 1 in IB-M&A
+2 schoeyy TechBanking
+2 I'll give you a few recs based on your preference,   Action/casual watch: One Punch Man (Season 1), Trigun, Solo Leveling, Mashle, Spy x Family FinnesseGod
+2 Maybe it’s different where you are, but for the US city I recruited out of, each MBB’s interview process wasn’t that similar, with McKinsey’s being much more intense than the other 2 and Bain’s being, in my opinion, less f StrategyChimp
+2 stockbondanalystThe “group” and fast money is usually right most of the time though. PM in HF - EquityHedge
+2 That guys bullshitting Know from some people on the team that it’s not sent out yet. Analyst 1 in IB-M&A
+2 360 no scoped that mandate fr XXZOP
+2 As a FGLI student who grew up in a dysfunctional family and attended a Duke/Dartmouth/Brown type school via Questbridge, I thought I saw the dark side of life and had overcome it forever when I was able to get a MF PE SA i Analyst 1 in IB - Gen
+2 Honestly, it doesn’t surprise me. Hours in IB are brutal, and when perks start disappearing—like meals, clear bonus structure, or fair staffing—it’s natural people start talking about organizing. bobybryan
+2 Principal in HF - Other Analyst 1 in IB - Restr
+2 yup, that is industry standard XXZOP
+2 Major doesnt matter all that much whether it’s finance vs other business major. Major in what can get you the highest GPA for the least effort and what you enjoy. pls_touch_grass
+2 just do M&I 400. Its free and only takes like ~20 hours to get through depending how thorough you are.  Analyst 1 in IB-M&A
+2 PE firms mostly just want smart people who have enough technical skills to be trainable. MBB is known to hire some of the smartest people out of undergrad/MBA programs, so it's a natural filtering mechanism. Lester Freamon
+2 Blair has one of the tightest-knit junior banker cultures I’ve seen anywhere. Pretty much everyone is friends and many are close outside of work as well. A lot of it is trauma bonding though. Analyst 1 in IB - Cov
+2 Guys my newest pay stub just got posted. It says 50% of my bonus is being clawed back and also that I’m being laid off after this paycheck due to market conditions. I also see this weird logo on the top right. Works at Truist Securities
+2 these are the type of people who you hope are on the other side of your trades Analyst 3+ in HF - Event
+2 I know the title is 9-5, but open to jobs that will allow me to get 8 hours of sleep. RestIess
+2 Run a marathon or do a triathlon. Easy way to show work ethic in interviews. frontierflyer
+2 Surprised no-one has mentioned DCM, I'ved read the hours are 7/8am-8pm on WSO but that's hearsay. RestIess
+2 send more than 16 emails every week thebigch33s3
+2 Previous AC was Wednesday for academy (100% conversion from academy to AC) so I think there are others.  Prospect in IB - Gen
+2 How is this top comment? You you guys dont call women females anymore and everything is trumps fault? associate_HWS
+2 If you're OP, I saw you mentioned DCM above and that's what I landed in from FT recruiting (I know title is Cov but ignore, I have that because it's more general and don't want to ever accidentally dox). Analyst 1 in IB - Cov
+2 The middle market platform overall Analyst 1 in IB - Gen
+2 high hopesOverseassAntin Why Assist. VP in PE - LBOs
+2 Nice Q&A bro. You didn’t even give an answer to the one guy who asked a question lmao Amazon Prime
+2 Good question, this comes up a lot in real estate modeling. When land is contributed instead of purchased, you should still show its value in the Sources & Uses so that everything balances. carlbidwell268
+2 Margin Call StJamesPark
+2 I'll never defend this career, it sucks. Business School in CorpStrat
+2 UBS analyst isn’t 2 years anymore AFAIK, these cheap fucks want to make people do 3 years before doing A2A now  Analyst 1 in IB-M&A
+2 7:30 start in the office is actually pretty accurate, afaik. Maybe for Interns I'd expect earlier, like 7 or 6:30 AM, but afaik I think 7:30 start is on par with at least the commods desk and the equities desk.  Substack_Guy
+2 Keep the money, that’s all that’s certain today.  KR8000
+2 If you're really certain you want to do high finance, idk why you're only considering transferring to GT. Presumably you're an in state kid ergo hope/zell = uga/gt free and everywhere else costs money. Intern in IB - Cov
+2 Sounds like a shitty culture.  I was thrown into the deep end my very first day on the job in PE. That’s been the case for most of my friends in the industry. Principal in PE - LBOs
+2 I mean I think their preference is to not work at all on Sundays, but the ones I worked with at least always took a few hours to go to church and do home scripture study with their wives since they were all 25 and married Associate 2 in PE - LBOs
+2 Dude, anyone can take a photo with a public official at a campaign event. You think they scrutinize the X account of every person who shakes their hand? PrivateTechquity 🚀🚀🚀
+2 I really appreciate the long response because it made me reflect a lot about myself. I’ve always been a pretty awkward and clumsy guy, and a petty quiet guy as well. younggoodmanbrown
+2 Surprised nobody mentioned Mad Men - I've heard it mentioned alongside Sopranos and The Wire as one of the greatest shows.  Still worth a watch these days? Soros_
+2 Just browsing Linkedin you can see that EVR exits every year to 2-3 MF and some UMM funds in the last 2 years. Imo it’s great exits for a class of ~30. Analyst 1 in IB-M&A
+2 It doesn’t seem to make much sense to me. You are earning good money, seem to be exposed to transactions, and you have a clear path to Head of M&A. Associate 3 in IB-M&A
+2 This might be redundant as I couldn't make myself read through all these comments... but isn't the answer both? wallherder
+2 Got it. Did you exit to an associate seat in NYC? Analyst 1 in RE - Comm
+2 Honestly, as management styles differ significantly between people/banks/teams, I always give the advice of never asking the same question twice (bring a notebook with you and write important information down), nor asking TargetToNonTarget
+2 Delete 2and20mnb
+2 Cold outreach resulted in two interviews; however, I got deep into both processes (withdrew from one after accepting my offer and advanced to the final round in the other). Associate 3 in PE - Growth
+2 If you’re smart and well networked you’re never pigeonholed.2. Most people are not smart and well networked. ravena
+2 Reading this, I realize it’s over before it even began Prospect in IB-M&A
+2 You definitely need to get the GPA up. A lot of banks won't even consider your application with a 3.5. anonymous_monkey67
+2 Bro just validate your assumptions on the market segment, competition, cost structure, and your value prop and if you're still certain you can scale quit the job and go all in. Sup_Bro23
+2 Depends on what your assumptions are. If you’re projecting constant margins and the co doesn’t operate in a capex heavy space, my intuition is that EBIT projections might just be fine. pants_pooper_67
+2 Incorrect on both counts, but you wouldn’t know as you’re an unemployed senior lying about your GPA as you desperately try to land something FT. Enjoy!  Intern in IB - Gen
+2 Getting into, as in networking as a prereq to get accepted? No, can't say I've heard of that. Probably just speaking with the school's representatives of the program is about as much you can do. Associate 2 in AM - Other
+2 I'm going to say that Addinator has the right idea. Whatever1984
+2 Project Finance and asset backed lending (commercial banking) have decent WLB and pay. Project Finance a bit more intense in periods, but you would still get 8 hours of sleep most nights if you prioritized that.  QuiltEmerson
+2 As someone who went through the FT recruiting process for EBs, I would break my answer into two parts: 1) Modeling franker014124
+2 I'm in the MBA for all of the above. AnonymousMonkious
+2 London same as NYC? Or do they get the Europoor discount 350k looks aligned to PE team numbers as well Associate 2 in PE - LBOs
+2 Brexit didn't do it any favors. The UK's economy has been in the toilet (or 'loo' if you prefer) for a decade, and being cut off from the eurozone isn't helping the City of London at all. Whatever1984
+2 Recession indicator Prospect in IB-M&A
+2 Thx for the input. Actuary seems like the definition of pigeonholing tbh RestIess
+2 What about CBS and RSM? Which is better? AnonymousBanker18
+2 Chances aside Wharton is 9/10 better than Columbia for PE recruiting (both traditional/non-traditional backgrounds).  VP in PE - LBOs
+2 One of my buddies at JHU was flexing their investment club going off.  5x incoming Moelis across LA and NY, PJT, 4x MS, 3x JPM, EVR Menlo among others  Intern in IB - Gen
+2 Unless you have a trust fund, don't bounce in this market... WHDC2007
+2 If your goal is to start a search fund with 1/2 partners and grow into LMM and then MM. MBA would be beneficial to help fundraise/find your partners.  Associate 3 in PE - LBOs
+2 The advice that I would give is don't get too down that you're underwriting a lot off deals and not doing many. That's the name of the game right now. mahmood.farhan
+2 GordonGekko87Maybe most young people are brain-dead morons high on TikTok propaganda  CRE
+2 PWP lol, they're a joke at this point Analyst 1 in IB - Cov
+2 Frankfurt is a shithole, St gallen is in a very tiny boring ass city. whu depends which campus. Vienna is interesting. Essec is situated in a shit hole but campus is alright though. Intern in PE - Growth
+2 JPM FIG honestly is doing better at this point. All that's left of GS FIG is their legacy (+ it is filled with Asian beckies for some reason) Exits wise, you'll be fine from both Analyst 1 in IB - Cov
+2 congrats on ibtechprep.com UGC! Analyst 2 in IB - Gen
+2 Aim for FLDP programs. F500 offerings are quite competitive, good salary, and good wlb relative to IB  Analyst 2 in IB - Cov
+2 Agree with the above and inaccurate to say it is “very common.” Associate 1 in PE - LBOs
+2 Analyst 1 in IB - GenAddn comments: JPM M&A does not exist as a group anymore. Also isn’t UBS GIG = IND??? Plz fix, this looks amateur TheFunkyMunky
+2 Hi, ive just started university in the UK at a non target university but still highly rated. Beginner octopus
+2 All depends on what you’re trying to do. If you’re an “IB or bust” kind of guy, you might be cooked. I don’t follow IB recruiting too closely, so I don’t know. TheFunkyMunky
+2 I think apple is a very weird case regarding moats. In the US, especially with the younger generations, it is considered odd to not have an iPhone. Intern in PE - Growth
+2 As someone who was at Vista and recently left, this is a bit of an overreaction. Associate 1 in PE - LBOs
+2 Thanks for the detailed advice! I have a few specific follow-up questions regarding classes and networking as I prepare to start at BHCC this fall: Williams1x
+2 It’s a good place for some. Stable job, no pressure to generate results, no real evaluation system. Associate 1 in IB - Cov
+2 Totally inaccurate but believe what you want. The brokers are brokers and don’t call themselves investment bankers. The IB team is legit IB and work with many blue chip REITs on corp M&A/advisory assignments. Partner in RE - Comm
+2 Think you need to be a little more realistic about what your options are here. Associate 3 in IB-M&A
+2 Master the 1 tab lbo and know your excel shortcuts. Apart from that you’ll learn the rest on the job. A lot of the modeling in PE is revenue / cost builds that feed into a template LBO. Associate 3 in PE - LBOs
+2 Tbh I think you're wrong. I think the democratisation of information and globalisation has opened up a path to low level riches for many young people without requiring them to be a celebrity. nutmegger189
+2 Your gelato stand example is (in my opinion) not a moat - it’s a competitive advantage. The moat is how you defend your competitive advantage. wacc it from the back
+2 Wasn't 1:1, as the industry turned down the business ultimately acted more like cost-plus/T&M. So $1 decline in commodity cost more like $1.20 decline in revenue.    VP in PE - LBOs
+2 Bugman  Prospect in IB-M&A
+2 Former MF associate, agree with all of this. Investment Analyst in HF - Other
+2 It’s not about not wanting to work hard, it’s about not wanting to drop dead.  weezyfbaby
+2 Go to IB, they will eat that military shit up. However, as mentioned above, HFs don’t care.  Pulisic69
+2 Except you can afford it, Scarsdale (median home price $1.5 Million). You don’t care about people who are really struggling, you’re just a racist little troll.  GordonGekko87
+2 Thanks for posting this, really informative and helpful  Whopper.Jr
+2 “Respond to comment no sound like ai” Prospect in IB-M&A
+2 it's like comparing apples to bananas. Most aura? GS Rates Vol, might be so. But is that actually the seat that successful EQD traders in MS, eCredit Traders in Barclays,,,etc should/would like to jump ship? Associate 2 in S&T - FI
+2 Do the internship and work like you want the FT offer - no matter what you want to do for FT, having a return offer is going to put you in a position that's 10x better than not having the return offer. Manager in CorpStrat
+2 as someone at an EB, just take GS TMT. this is sort of an easy decision unless u care about totally maximizing comp, where even then, GS TMT probably is better esp from an exits perspective. Intern in IB-M&A