+2 essketitcuh Analyst 2 in IB-M&A
+2 Tbh idk the answer but I’m laughing my ass off reading the replies so far of dudes being like “just lateral”. I feel like he’s asking “how do I be happy where I am without lateraling to a better bank”. AlexanderHamiltonLover
+2 Dude, not getting in from the get go is not the end of the world. I didn’t hear about investment banking until I graduated. Got into corp dev, moved to banking, joined PE, went back to banking. Associate 1 in PE - Other
+2 10 days is a shitload of time to prepare for S79.  My training class opened our books on a Monday (for our 4-day S79 seminar) and took the S79 exam that Friday. Dr. Rahma Dikhinmahas
+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 welcome to adult life. It only gets worse from here! Jaded Rainmaker
+2 you have a few options. asdf1248
+2 Having one favorite is tough. (thank you True for Office Space, it's a classic) Whatever1984
+2 I'll answer this best as I can as I just went through the past cycle and went through three processes and accepted at one of them. Analyst 1 in IB - Cov
+2 Zyn_God98new to US politics here, can you explain to me what the actual serious things in life are, Ozymandia
+2 Thank you for the advice ! Got the offer 😁 role109
+2 What is this carry you speak of... Count_Chocula
+2 And their username is literally Pensionspal RestIess
+2 As far as I've seen (EB) Summer Analyst classes are materially smaller or at-least the same even with the uptick in work so now that you already have an SA the Return is yours to loose at this point. Analyst 2 in IB - Cov
+2 Analyst 1 in IB - Gen Associate 2 in IB - Gen
+2 American spotted Analyst 1 in RE - Comm
+2 The correct pronunciation is “muh-KAB-uh-kus” (ma-CAB-a-cus). Isaiah_53_5 💎🙌💎🙌💎
+2 Worddd. itoolikepeanuts
+2 Reddit im afraid. Best not to ask too many questions on WSO... Its not fun to pull away the veil of supposed mastery and find a ******* behind it RestIess
+2 If you are in a deal for 5+ years and are currently underwater or near your basis, your promote is long gone and it's not coming back. larry david
+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 stop trying to seek fulfillment from ur career. It's a means to an end.  Intern in IB - Cov
+2 The more time he spends behind bars the bigger my smile.  GordonGekko87
+2 I think it depends whether you're more T or R, so to speak. Turnaround is a bit more chill because you have time to right the ship. Lester Freamon
+2 Yes, you were destined to be a bum since you’re from a blue collar background. Analyst 1 in IB - Cov
+2 Isai Peimer at Baly. Very active over the last year. Analyst 1 in HF - Other
+2 Not sure if helpful at all but I also self removed myself from processes with a couple of these AI wrapper firms - as a ton of people outlined above, I'm on the wave of the LLM's catching up with enough data / workflows an MnIGuy
+2 I think you should just recruit for post-MBA roles broadly (for those with prior PE experience). The actual title comes down to moreso firm-specific lingo and org structure. SaaSChimp
+2 I am from the bay and went to Berkeley. People here are really smart but not that proper or polished. Analyst 2 in IB-M&A
+2 Lol I don’t disagree. That said, I think you completely ignore that everyone is in a different part of the risk curve. CovenantLite
+2 Biotech specialist here. Nobody cares. You will have to be self-motivated enough to learn the right skills to recruit for HFs anyway. Benson Says
+2 From the perspective of someone in MO trying to move to FO, I've recently been in touch with a few connections trying to set up time to grab coffee. Analyst 1 in IB - Gen
+2 You won’t get much real M&A experience but it’s better than not getting any real M&A experience in a group working 90+ hours a week  Analyst 1 in IB - Cov
+2 Just spam apply and see what you get. I left IB after 1.5 years with nothing lined up, and signed a highly acquisitive PE backed non-tech decacorn, made $310k all in last year (~60 hours were norm). Analyst 1 in IB - Cov
+2 You have a rather warped (and narrow) perspective if i may say. Desks don't exit, people do. I don't care what desk you're in if i can't stand sitting next to you, then i'm not going to hire you. Principal in HF - Other
+2 I left banking to go to the military (officer candidate school not enlisting) to be a reservist, it's more common than you might think. I liked the idea of doing corp dev after IB and the military part time.  BoutiqueAsc
+2 I don’t think it’s unreasonable to say biotech is more technical than any product group (barring rx) if you consider the breadth of actual diligence Summer Associate in HF - Event
+2 Would recommend modeling rather than trying to just do repeat questions. Forces you to learn better skills imo  Analyst 2 in IB - Cov
+2 To preface, I don't know too much about either, but definitely know less about IU. I did some digging and here is what I see:  Prospect in IB-M&A
+2 odog @digitalimmortality.com Developer in RE - Comm
+2 Are we all fucked Intern in IB - Gen
+2 thegreatspoofing Associate 1 in IB-M&A
+2 Maybe widen your net during recruiting and tell your HR to stop only hiring from top firms/schools and emphasize the firm isn't just for "pre-mba" associates. Associate 2 in IB - Cov
+2 Tech… fml Analyst 1 in IB - Cov
+2 That was 100+ years ago. Every other group that’s been colonized rebounded back. Associate 1 in PE - Other
+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 Not OP but was referred by MD at Deutsche Bank. DB sent me an email saying that an employee referred me with the MD's name. Prospect in IB - Gen
+2 Pretty sure this is BainCap. Enjoy Boston for a couple years, it’s not that bad. You can move to NYC in a year or two. Associate 2 in PE - LBOs
+2 you will surprised, you just haven’t probed them yet. Look how they comment “women + minorities” but nobody clarifies which minorities. In fact most of these include all PoC under the minority term. Analyst 1 in IB - Gen
+2 Cover it up. Otherwise, I am glad you are doing better hedgehog9
+2 It is obviously the case that white males have been disenfranchised. You only need to look at the number of women in finance and the number of programs aimed specifically at them. Prospect in IB - Gen
+2  That truly helps man. Truly appreciate your help and insights. Going through it right now and love the people, just a little unique of a process. Are your friends in SF or NYC? TeflonDon
+2 In finance, people care about your work, not what your old scars look like. Plenty of professionals have scars, tattoos, medical marks, whatever. lepharaon33
+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 In consulting and I would say for our lead partner in our practice, yes - I feel consulting likely killed his personality in some ways. Business School in CorpStrat
+2 Worked at MF credit this summer... Can harp on that training is not great, and returns are slim, and the environment is intense. FT recruiting is tough, even with the name brand on your resume. tomatosingh101
+2 ECM and DCM are obviously investment banking Prospect in IB - Gen
+2 Have good ideas, and understand how markets work -> i.e big picture try to get a feel for flows, positioning and how these move week to week during your internship. What type of sector rotations are we seeing, why? Analyst 1 in HF - EquityHedge
+2 Brother I met the CIO through a CFA society event larry david
+2 Just looked through first 20 LinkedIn profiles of "Quantitative Researcher" --> Currently at Jane Street --> NYC and same for Jump.  PM in HF - Other
+2 Close friends work there its portfolio management; maybe dependent on location but supposedly your portfolio weights and decisions are actually executed. SAoNothing
+2 this post would kill an MD nothing2ceehere
+2 Hi cook’d ceo ur cooked 67676767
+2 Not significantly, but better overall if your goal is just to optimize your chances of getting looks. Intern in IB - Gen
+2 I’m sure intern quality is slightly down, but I have a very hard time believing an entire class is just fucked like that.  Intern in IB - Gen
+2 Your question is valid, but I would still opt for a 1 year program if its the european ones, but 2 years gives good time for networking, but since you say US trajectory, you can't do real ground networking, do try the MiF, unrealbanker
+2 Sign up for SEO. You’ll get all the resources you need all for FREE. Yes. Including wall street prep. Everything. Free. monkeybanker2937294
+2 All these kids did was pose for photoshoots and answer basic, non-controversial interview questions.  How is that a fire-able offense?  Mandatory fuck HR Soros_
+2 I was in a similar position to you. Blew twice - once was over by a .001 and the other was under. Was able to plea down to reckless driving (but arrest for DUI shows up on DMV report). Associate 3 in PE - LBOs
+2 R u deadass in hs on this site? Thats pretty sad bro why worry abt ur career when ur at a stage where you can just live normally without a care Intern in IB-M&A
+2 Would also say I'm a mid-level at a top decile MM fund, and the principals & partners are quite young with 8 figure liquid outcomes. Associate 1 in PE - LBOs
+2 Helpful replies, but a few corrections and additions worth flagging: Burke
+2 I mean if you can save $50k a year for 30 years or so you’ll have $5-10M saved when you retire. Not private jet money but pretty great if you don’t take big risks like owning your own company. patrick_bateman_
+2 I think your perception is heavily influenced by social media and fitness influencers.  RedWhiteAndWho
+2 Average incoming stern kid Intern in IB - CB
+2 There hasn't been anything really covering post-2020 LME or current market trends really other than the epilogue for Caeser's Palace really. The below are the only narrative style books I've come across on distressed Analyst 2 in IB - Restr
+2 Just put it on your resume and drop it once you accept a summer analyst position. maestro_
+2 PEarbitrage Ferris Bueller
+2 This guy gets it liquidiot
+2 Dubai by the beach overlooking straight of Hormuz  Associate 1 in IB - Cov
+2 If you want to be in the city, Pac Heights would be my recommendation for a family. Will probably run you $8-10K for something decent. Noe Valley is also nice and more removed from the city. Analyst 1 in RE - Comm
+2 Fund I am at (London MM) 2021 vintage is performing genuinely well. Not amazing and we have a couple in the fund which are less good. But overall it’s solid and believe a couple of realisations are possible this year. Assist. VP in PE - LBOs
+2 Do you actually have a degree or are trying to get a degree from any of these schools or is this part of some old-money power fantasy? Nobody Man
+2 Someone will for sure make a groupchat and try to get everyone together before your official start date for drinks. You gotta be part of the pack in banking, especially as an intern. apetrynamakeit
+2 It’s a support function. Used to be a lot of continuity in the seat but the guy who led it forever left a few years back. Works at Other
+2 I was searching for these clubs and saw some comments regarding selectivity and that they tend to prefer people in the same frat or close friend groups.  ryan98
+2 Agree with this. Right now every job opening is flooded with thousands of applications and recruiters are being extra judicious. Go over them and reach out to the hiring manager. Determined
+2 Echo this, it depends. The HF guys in my circle (mid-30's) are much wealthier than I am. Granted they're at some of the top HF's you mentioned and I'm at an unprestigious MM PE fund.  VP in PE - LBOs
+2 It’s just the same song and dance over and over and is very disruptive to lifestyle. Associate 2 in IB-M&A
+2 Do the Vandy to Wall Street program (aka V2WS). It opens up around April freshman year. It is free and open to all, organized by the career center. recreational.ears
+2 Headcount, may be better now though  Intern in IB-M&A
+2 Just a couple placements. Saying them would 100% expose me and I can't be caught in public making that list so I can't say lol. Intern in IB - Gen
+2 I'm not sure I'm smarter than most. If I were, I'd be at a much better school and wouldn't be making posts on why I can get an internship. Substack_Guy
+2 Hi ! I’m posting under various discussions in hopes to get my post seen. I would very much appreciate any advice anyone can share! Fragilis_C
+2 There are some entry level roles in corp dev like disney or capital one that are solid Prospect in IB - Cov
+2 3G, whatever happened there  Prospect in IB - Gen
+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 I got a couple hand written notes from analysts and that was special enough / I have kept all the things. Anything with monetary value they can just afford/buy themselves. Associate 1 in PE - LBOs
+2 Determined Ferris Bueller
+2 LOL wso is so good for entertainment after you realize this.  hankpim