+2 Pay is normally benchmarked to US NYC pay acros most BBs. I think around 150k-160k SGD base salary for an An1 at the top BBs. Bonus differs a lot between the top payers (EVR / MS) and the lower payers. Analyst 1 in IB - Restr
+2 economyislandit is so funny + shocking that so many people in IB/PE/Finance get their news and worldview from Forbes, of all publications.  Associate 2 in PE - LBOs
+2 Guys I found Warren Buffet Intern in IB - Restr
+2 (2) and (3) from your pros list are false. There is very little structurally this asset class has going for it - it's probably better than post-ZIRP PE but that's not saying much. Analyst 1 in IB - Gen
+2 EB Rx ain’t nepo nor dei lol , holycope CV5063
+2 LP equity investors. Fly all over the country 10-20 times a year. Nice dinners. Fishing trips. Hunting trips. Golf trips. High fives from committee for pitching a pro forma 20% irr in an overbuilt sunbelt market. Full Stack
+2 That's completely untrue. When I was a student there I randomly met a dude going to Evercore RX and this was a 2017 grad. I also know of other kids my year who went to RX. Associate 3 in IB - Cov
+2 PWP is a bit of a tired franchise relying on a few aging players. The business is very “old school” in its approach and hasn’t adapted well to big business trends and sponsors / tech / AI infrastructure. Managing Director in IB-M&A
+2 cragfar VP in RE - Comm
+2 PJT M&A is 1/10 of Evercore anytime of the year.  Analyst 2 in IB-M&A
+2 It happens in every IB and of course people get fired before bonuses... It's not worse than giving a zero bonus, and as reminder bonuses are fully discretionary wake up guys Jaded Rainmaker
+2 Your outcome will be the same regardless of if you attend Oxford or Cambridge. What will matter is that you attended an Oxbridge university for undergraduate, but the specific one doesn’t matter. Intern in ER
+2 Hey man, you aren’t behind. You will get training and people don’t expect you to know a lot. With that being said, you need to make sure you pick things up quickly. zoomizoomi
+2 It’s meaningful and it’s not. 500k is not enough money to change any life decisions or allow you to take your foot off the gas. But it still has a lot of value Managing Director in IB-M&A
+2 ASO-0 is just a cheap way for the bank to milk you for value while not paying you KageSelly
+2 following - curious about capital solutions group / financing.  oggggggg
+2 Last year, there were waves for R1s. Then, probably 40 - 50 invited to the Superday in June. Could be different this year tho. From what I heard, interviews vary based on the interviewer.  xkz123
+2 Just to add, Stern has such a shit college culture beyond placement. The school does very well as far as getting students into prestigious firms, but it's so sweaty and there's no student life (no campus, no sports, etc). bigbalas
+2 - xxx1
+2 5 projects at once.....I am so cooked once I start. Why do firms fucking protect interns. I thought shit was all rainbows and sunshine. I struggled to manage 2-3 at the same time. Analyst 1 in IB - Cov
+2 Just have a good command of financial knowledge. Analyst 1 in IB - Cov
+2 Thank you for your response. I don't really have the family ties for this specifically. sp1313
+2 I went to a target school so I never really worried about this PhantomGhost
+2 Desk: Fixed Income tradingLevel: New gradBase+Bonus: Sign-on £6k, starting salary £65k, expected all-in first year ~£90kYears of experience: 0 (starting July 2026)Firm: European Bulge Bracket Analyst 1 in S&T - FI
+2 We are using this crazy strong one called Claude. It can do everything Hebbia can do, but is cheaper.  Prospect in PE - LBOs
+2 Industrials is good. Long hours, good exits, good deal flow. Just don't pick it if you are mediocre, because you won't convert Analyst 1 in IB - Cov
+2 Luckily I work for a French Bank. Since this only applies to bonuses from 100k onwards I am not confronted with vesting periods, even in exceptional years. Don’t think my VPs are either. Analyst 3+ in IB-M&A
+2 "Hourly pay is ABSOLUTELY a good measure [of how much money a person makes]." jl12
+2 Delete NahFAM69
+2 Don’t worry too much about the relationships these guys may (or may not) have. DebtChug
+2 I cannot believe ol Jimmy McGuffin  is mentioned by name here. I spoke to him about an AM role last year, and he was rude and abrasive, cutting me off mid sentence. Covid19Brah
+2 Good news: MDs on guarantees got crazy pay, new mansions, car collections and lavish second homes Bad news: Juniors got crushed and misled VP in IB - Cov
+2 One thing I overlooked - why are you going to these events? Are these consultants and ex / current PE guys looking to win your business? Sell you work? Buy your business? Create strategic partnerships? Deal Team Six
+2 This forum is way too debt happy. $500k is an insane sticker price unless your family is insanely wealthy. I’d rather have that compound in investments. RB2000
+2 Imagine sucking at your job and being a net negative… but getting paid enough to buy a $5M westchester house.  Analyst 1 in IB - Cov
+2 *** ignore title Have literally heard the worst horror stories ever from working there. Incredibly grindy and the founder will work you to the bone. Analyst 2 in IB - CB
+2 makes sense. hopefully someone else can opine that has a better idea on Asia dynamics. Analyst 1 in IB - Cov
+2 Ya obviously would take UBS here, congrats Intern in IB - Gen
+2 All the large platforms have independent PMs who use their infrastructure and sometimes also their capital (if it's your own money, you keep more of the returns), but are remote and control their own operations, hiring, et cp5670
+2 (1) "The technology is already viable, what the fuck are you talking about? What do you think Starlink is... A critical component of a data center." jl12
+2 If you land deals as an MD, congrats you are doing well in bringing in deals. Analyst 1 in IB - Cov
+2 Congrats on UBS! NBTtmoon
+2 Had similar dilemma last year, and went with the Big4 firm. Batric Pateman
+2 Rogo is honestly terrible. Its only real edge is access to capital markets intelligence, but otherwise it just feels like a much worse version of ChatGPT. Analyst 2 in IB-M&A
+2 you'll stick out and not in a good way Intern in IB - Cov
+2 He’s referring to banking with that sentence sheldonxp
+2 Associate 2 in IB - Cov PrivateTechquity 🚀🚀🚀
+2 Should've spent more time hitting the books and less time at Wine Wednesdays WaffleFalafel
+2 I've done a bit of corporate broking and have tended (perhaps a contrarian view) to actually quite enjoy it - you'll know more than me but it is very dependent on the nature of the client and how they use the broker/(s) an Analyst 1 in IB-M&A
+2 (1) "Weird strawman. No one here has ever said you pay things like rent by the hour." jl12
+2 arossi: "Not good money when you take weekly hours worked into account." (Internal quotations omitted). jl12
+2 We need big leaders with big cannons  Associate 1 in IB - Cov
+2 - xxx1
+2 CPA and CFA are unlikely to be majorly beneficial for IB. Though they certainly can help for other roles. SIE would be worth the time because youll have to do it eventually if you get into IB 99twotwo1
+2 Analyst 1 in IB-M&A: For  healthcare investing as a whole: WCAS and Nordic, although Nordic skews HCIT Works at Boston Consulting Group
+2 I see ok, thanks for the pointer. I personally think staying honest is the best policy but tbh I respect anyone who has the balls to do this, you’ll probably thrive in banking too.  alexcokke
+2 The reason this is not true across the board is because the #1 skill you can have in IB from analyst -> MD is self awareness. nontargetfromtarget
+2 Hello, I personally used WSP and BIWS FIG courses. Both have its pros and cons. Regarding WSP:- the FIG course is prepared by someone in the sector  StanleyQuant
+2 Del Anonymous Monkey
+2 Hello, I personally used WSP and BIWS FIG courses. Both have its pros and cons. Regarding WSP:- the FIG course is prepared by someone in the sector  StanleyQuant
+2 If you read what I said it says "what" and "why" re exit opps. nutmegger189
+2 This is pretty accurate I’m just not sure how short term of a toy it will be. guyfromct
+2 Yeah those requirements seem pretty tight. Taxidermy Bird
+2 I get that vibe from the smaller “polished” boutiques like Centerview PJT PWP and not as much from Evercore / Moelis Analyst 1 in IB-M&A
+2 Well,  Substack_Guy
+2 Mining is shit Analyst 1 in IB-M&A
+2 Seem more like a you issue AK6969
+2 Don’t wear anything with visible logos or something obnoxious like that Burberry plaid print. The Valentino logo is very gaudy too, avoid wearing that as well. flakeyassfriends
+2 Odds of rate hike now are now 55% this year. Market is not moving in the right direction, and assets are still not priced in alignment with where debt rates are. VP in RE - Other
+2 Bump, good on you for helping others DingalingMagnet
+2 Lorna has been sent on leave by JPM  Analyst 1 in IB - Gen
+2 As a former banker-turned-RX consultant, I thought I had bad hours in banking until I actually started having to track billables…. Director in Consulting
+2 Dallas has much more old money wealth. There's something like 20+ billionaires in DFW versus less than 5 in Atlanta. Southern_cre
+2 How does your dad net worth compare? VP in IB - Cov
+2 Not certain myself but both processes are 10x more competitive than SA recruiting. youngbuffet
+2 Carlyle ASO 1 is 110 + 110 from what a HH recently told me KKR ASO 2 is 120 base (not sure on bonus) Associate 1 in IB - Cov
+2 del TundraFizz
+2 Mate, Rothschild India has a well-deserved reputation for having the WORST culture that a junior banker (analysts particularly) would have to face in India IB. Good Luck. Associate 1 in IB - Cov
+2 It’s genuinely one of the worst positions to be in as far as IB groups. The team has ZERO actual deal flow, and is endlessly pitching on stuff they have no chance of winning. Analyst 1 in IB - Gen
+2 I get that there's periodic charges and those are handled the same way property taxes  / millage is handled. wso_4
+2 Also they’re so cheap they don’t even provide a work laptop and they got rid of free gym in the building so you have to pay a membership fee for it now. Also no free snacks everything is paid.  Intern in IB - Gen
+2 Hey, congrats on the FT offer! I’m just a first-year finance student in Alberta so I’m no professional, but from what I’ve read and people I know, accepting your FT offer is probably the better move. CanadianMonke
+2 reach out to Murray hill guy he can show you a good time Analyst 1 in IB - Cov
+2 I’ve never worked for a special servicer but have worked with some former special servicers. I think you will see a lot of deals across a wide spectrum so you will learn a lot. Associate 3 in RE - Comm
+2 It's doable, but you'll have to be a lot more active than relying on headhunters. MMPM
+2 Why people work at all, why not stay home all day alloo2
+2 Would just be sure to ask more questions and minimize trying to boast about your accomplishments. No one really cares about some analysis you did or some pitch that worked out. Amazon Prime
+2 If this were a true model lab / top-tier AI company and the role put you close to product, customers, technical leadership, partnerships, or company-defining ops, I’d seriously consider taking it. Ex-consultant in Tech
+2 I think the answer is yes at the obvious entry points and no across the actual market. Ex-consultant in Tech
+2 At a big T2. We do one at a time, average is ~60 hrs with 0 weekend work. oasis_basis
+2 depends on your options and how much u value money a recently arrived immigrant on a boat would do it, some upper middle class guy probably wouldn't  GS under Blankfein
+2 Appreciate the advice. As I think through logistics, is it better to notify HR first at the firm I’m reneging on, or reach out directly to the senior folks on the team I’ve been in touch with over the past year? Analyst 1 in IB - Cov
+2 Edit: I don't think it's worth starting from 0 anything in fnance, it's saturated. GS under Blankfein
+2 Tbh I only get this vibe only from smaller boutiques like centerview or qatalyst, not really Evercore, Moelis, PwP or such Prospect in IB-M&A
+2 Thanks for your comment, this is really detailed.  Taxidermy Bird
+2 The buyside scarcity argument is overstated. rolo25
+2 If it was printouts for a pitch then I am sure the discussion didn’t go past slide 3, and no one is reading past slide 5 Associate 1 in IB - Cov
+2 Cool? So I pay rent in dollars per hour worked then? The restaurant on the corner I can pay based on my per-hour income? My mortgage gets paid in dollars per hour worked?  jl12
+2 If you have been working for a while you genuinely should have been learning stuff on the fly through practice and observation Analyst 1 in IB - Cov
+2 Don't lose any more sleep than you're already losing. I've been to these meetings before, and if your MD knows these guys, chances are they're mostly talking about portco performance. Associate 3 in IB - Cov