+2 Do your first deal (or several) without quitting your FT job.  That way you can be patient for the right opportunity. Ricky Sargulesh
+2 Well why don't you just say you're at Bank of America now that you've said it? "I'm not going to spell it out for you but here you go". You're really damn annoying and this is why you got the internship that you did. Analyst 2 in IB - Gen
+2 Less absolute hours but stress goes up immensely. kuf135
+2 I’m sure people have covered it but Clearlake, MDP, AmSec have taken huge hits in the past 1-2 years. Charlesbank and Kelso have experienced middling performance. Associate 3 in PE - Growth
+2 hfs are not disney land  Works at Citadel Investment Group
+2 Agree with the other response, I don’t think this is the case based on what I’ve seen. VP is arguably the toughest job in the PE hierarchy.. kuf135
+2 You can’t change that. Put it on the cover letter or wherever else and get out and sell yourself. You can easily overcome this if you believe in yourself, network hard, and close the deal. OFFERGOBLIN
+2 I guess where I'm at is that I've worked for multiple VPs at multiple firms and I just haven't found this to be the case. Associate 2 in PE - LBOs
+2 Your head is so far up your own ass I think the hypoxemia is leading to pathological delusions. You have zero edge in TMT L/S after running a dinky startup lol. Investment Analyst in HF - Other
+2 Yea their co-op stuff is great, but the students getting co-ops at the firms you listed are top of their class. You have to be top of your class at any of the schools OP mentioned to have a slim shot for a role in IB. bigdawg321
+2 send his wife a wine bottle with a card containing the receipt and picture of the bottle on the analysts desk lol Investment Analyst in IB - Gen
+2 Anything and everything, except for sell-side research and opinions. Investment Analyst in HF - EquityHedge
+2 Burner account - I have worked across both BCG and Bain in their NY Offices. My partner was at Mck NY.Go with BCG. Better perks, lifestyle/culture and overall coaching experience. jaxomchampion
+2 Second this. Also the HL RuffCo case study is a nice intro if you have no prior knowledge of RX to date.   pik_floyd
+2 Facetime culture is still existent in PE, albeit a bit better than banking. Dow70K
+2 It won't be a problem for securing a return full-time offer if that is your main concern, but long-term career prospects are probably not that great. Analyst 3+ in IB - Gen
+2 I think the main thing that'll help you is just to own it. sudokuweekend
+2 Took 2 weeks to hear back from GS I got the offer Intern in IB-M&A
+2 CLT timeline Prospect in IB-M&A
+2 Fair. Kevin25
+2 shocking nobody has said madison dearborn Analyst 1 in IB-M&A
+2 Taking a step back, AKKR has done exceptionally well (knocking the cover off the ball returns) on their flagship buyout strategy. Dow70K
+2 If you get the offer before you leave for the airport, you can cancel. It's not great, but it's not the end of the world. Associate 3 in IB-M&A
+2 I for one look forward to the 40th post dogging on UBS for whatever new reason... Analyst 1 in IB - Gen
+2 RBC just reported record Q1 making these last minute layoffs unethical. Issue is these layoffs have been normalized and Group Heads increasing utilize them to mask subpar performance of the business unit.  Director in IB - DCM
+2 Intake class has been increasing yoy, latest FT one ~25+, super large summer intern class this year too Analyst 1 in IB-M&A
+2 TBC doesn’t care about major (source: I’m in TBC). Regardless, you don’t declare a major until the end of 2nd year. Prospect in IB-M&A
+2 Title is anonymoused for obvious reasons - but, my ailing love life aside, this is what I actually asked in the post. Plus, who are you expecting to answer the questions… other aspiring bankers etc? Associate 1 in PE - LBOs
+2 75-80% Prospect in IB-M&A
+2 Sorry to hear that man, that's a tough (and totally unnecessary) blow. I was in the courting process for like 6 months through a lot of back and forth. I did eventually get hired and have been on for several months now. Associate 1 in RE - Comm
+2 Sir. You are not allowed to have correct opinions on this site. jl12
+2 Have fun choosing between MM IB and ER! summerhousing2023
+2 Facts. My MD (~$50M fees originated annually) says his favorite valuation method is to hop on CIQ and look up [common comp]’s EBITDA multiple and add or subtract a few turns based on quality of the target. VP in IB - Cov
+2 Agree with all of the above. Only thing I would add is that you may have better luck targeting T3/T4 and below shops, who tend to be more open in hiring someone directly from Big 4 accounting. RCJ92
+2 You had 6mo experience out of college bro that isn’t even enough to figure out fckin anything besides where the coffee machine is, let alone close any deals or count as real investing experience. Investment Analyst in HF - Other
+2 del liquitity-justquit
+2 I think the main risk is assuming the market hasn't already priced this in. anaisss_
+2 they love to increase shareholder value by sending their analysts to the hospital Incoming Analyst in IB - Cov
+2 Did one, lots of close friends from the other. Would take UCL Economics given your circumstances. Senior VP in IB - Cov
+2 Why IB? You should probably consider an MBA - with your profile and a little more work exp, you should get into HSW and then can start as an associate Pointless wasting time as an analyst imo senior_associate@goldman_stanley
+2 WAS LENDING NOT REIB had a MF debt fund offer but took an equity acquisitions role instead. I think everyone that wanted a MF debt offer got one but that life isn’t for everyone (lots of hours / stress). Associate 3 in RE - Comm
+2 Yea same. I thought that if you don't have a strong story as to why you didn't receive a return offer, or if you didn't have a SA at an IB, it's hard to get a FT offer. curious George 2345
+2 agree with statement that there all diminishing returns to scale although nice optically for LPs to be in steering committee of Co-Op to "maximize outcomes". Associate 1 in IB - Gen
+2 Surprisingly, traffic on this post from 5 years ago has picked up recently.  Analyst 1 in IB-M&A
+2 Was in the same position. Funnily enough I called up one of my contacts at the bank and they told me to reneg and it’ll be fine lol. Banks will fire you the day before your bonus to screw you over. rockyrates
+2 You gotta be an idiot for arriving late Intern in PE - Growth
+2 Not trying to squash your dreams, but I've never seen this path before (particularly given the real estate skillset learned in the areas that you mentioned has limited overlap with traditional PE skills or deliverables). SaaSChimp
+2 they do mostly FoF, which doesn't rank high in terms of prestige to me ...  GS under Blankfein
+2 Are you suggesting investors pick apart fund performance to exclude bad deals? Bc that’s generally not what they do. What are some big distressed wins they’ve pulled off? I don’t think I’ve ever heard of one. Principal in PE - LBOs
+2 I’m sure it’s happened given there are so many people at these banks. Associate 3 in RE - Comm
+2 Pretty sure this is AI slop,You can ask anybody who actually works in IB and they'll tell you that in no way Schulich or Rotman is in the same tier as Queen's or Ivey, or even Waterloo Intern in IB-M&A
+2 I have a friend there and loves it   happy w bonus. A1 got mid 80s analystin ib
+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 Red Rising by Pierce Brown Abusement Park
+2 Thank you for the insight S&T intern Analyst 1 in IB - ECM
+2 This job doesnt exist. spudrmonke
+2 If you made 63 apps and gotten 0 interviews you do not have a decent resume or experience Analyst 1 in IB - Gen
+2 This is not very applicable to all banks, I’m speaking from a London point of view here: Intern in IB-M&A
+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 Smart guys. We almost did something programmatic with them a few years back. They focus solely on structured capital (pref and whole loans). maverick77
+2 Thanks for the insight. I’m actually transitioning from a €500m lower-mid-market infrastructure fund back to the sell side. Associate 1 in PE - Other
+2 Agree. Sounds like a PE person trying to overcomplicate a very simple thing. MMPM
+2 Very unlikely a salary ask put you out of the running like that, if a candidate is a fit there will always be an attempt to negotiate. AtomicPenguin
+2 Spelling error “believing” — please fix. Bump_monkey
+2 First off congrats, for staying ambitious. After I landed my mm ib offer, I fully committed to being an academic chud for the rest of college. Now in all seriousness, MBB isn’t just something you can jump into. Analyst0910
+2 Only applied to Oxford and HEC (also got the scholarship) and didn’t look into LBS or LSE (so can’t comment on those), but I’d choose Oxford hands down. Several reasons: EUChimp111
+2 Your founder comparison cuts the other way. Yes, the founder thinks about his business in the shower. So do I, about deals I will never own a basis point of. We work the same hours with the same obsession. Managing Director in IB-M&A
+2 Literally every single person who work on the buyside knows this. Are you larping as a investor, lol spudrmonke
+2 Sure ya did buddy, and I did Ivanka MOICProtection
+2 I would say hedge funds vs PE style investing is very different. HF skill set is really, how quickly can you make probability based decision that is good risk / reward. tiger_rawring
+2 Director in RE - Comm himurakent
+2 Congrats on UBS! Analyst 3+ in IB - Gen
+2 Congrats on no regrets! Associate 1 in IB - Cov
+2 Associate 3 in IB - Cov
+2 Higher comp yes but worse hours, different skillset from consulting (depends on what career path you want), seen as more prestigious by laypeople but not necessarily by the entire business community (not by the MBA adcoms Associate 2 in IB-M&A
+2 Exits aside, it's more about M&A focus and quality of experience. unders
+2 14k a mo and 10k signing bonus is crazy - might reneg on LMM IB to pursue this Intern in IB - PubFin
+2 Could be anything (tie-breaker vote, head-to-head against another finalist, final check the box, etc.) but might suggest that a key decision maker didn’t get to meet you and needs to opine. SaaSChimp
+2 I'd point to a few items in history, but leadership under JD is probably the largest contributor to the bank's rebuild to the top. Trader in AM - Other
+2 Seems like you're networking pretty well now. Bankofblooby762
+2 I picked a top group at an EB over a top group at a BB and I’d do it again 100x over. Analyst 1 in IB - Cov
+2 Chiming in with the above - got slapped with the stupidest bs reason for not getting converted - feedback given was entirely a "me problem" despite working my ass off and not having any points to be said on technical skill Intern in IB - Gen
+2 uBS. Consistently losing every competitive bake-off is our craft Analyst 1 in IB - Cov
+2 NYC finance culture doesn't really define the United States--80 hour work weeks are highly unusual outside of that industry. GoingGoingCaught
+2 I regret ever engaging with this company, as my entire experience with them proved to be a complete waste of time. ellamia3215
+2 I obtained my MSF (not from any of the programs you mentioned) and completed a hedge fund internship while finishing my master’s degree. mal381
+2 Sorry, it’s just funny to dunk on a “bulge bracket” bank that consistently loses pitches to the likes of Wells Fargo despite working its juniors until 3am. Analyst 2 in IB - Cov
+2 In the posts above I literally write that I’m not trying to say 300k isn’t a lot but just asking if that’s what we were chasing lol. Someone is passionate about reading before jumping to assumptions. Works at Evercore
+2 Associate 1 in IB - Cov
+2 This is unfortunately very true. I’ve noticed that RBC shields underperformers and pushes out good, hardworking people. Politics really matters at RBC. Associate 1 in PE - LBOs
+2 When I was a college student I would have said IB but knowing what I know now and the moves Eldridge is making I would 100% take Eldridge  Analyst 1 in PE - LBOs
+2 I thought you were going to say capacitor for a second ImagineSisyphusHappy
+2 Thanks @Analyst 1 in IB - Co Alvian
+2 Depends on your definition of “best”, but here are some that come to mind that usually recruit FT. All analyst classes are very small and have different recruiting situations. Analyst 1 in IB - Gen
+2 You’ll be good bro don’t worry. Happened to me and you just have to clarify it with your bank   Intern in IB-M&A
+2 This is correct. A lot of people just would not work as hard if the fruits of their hard labor couldn't apply then to their kids (i.e. passing it on to their next generation). therealgekko
+2 Hey just to check do you mean you got an offer for the 2025 academy? Just because the 2026 one seems kinda far away unless they’ve completely changed the process (mine was in October of 2024).   anonymous_finance_25
+2 Definitely still sweaty, but have heard juniors are tight knit. Long hours but at least better chance of working hard on a live deal compared to counterparts in TMT who will work 90-100 hours for pitches over and over. extraspacebra
+2 Thanks for the detailed response. I just summered in audit at a Big4 and was wondering if Big4 experience carries weight for IB Recruitment in the UK. RickyDicky
+2 Analyst 1 in IB - Cov Managing Director in IB-M&A