+2 Nice touch my friend. I guess the relationship and repeat deal flow is embedded in the platform for GS M&A. However, the Rx Biz was driven by DL who was poached outrightly by HL.  davani1420
+2 Overworking yourself with interview prep might not b3 the way to go neither  Associate 3 in IB - Gen
+2 Process convergence over time, even with some single managers. Analyst 1 in HF - EquityHedge
+2 If these trends persist and play out… can see the large pure play tech PE funds getting smaller… maybe winding down after enough time. VP in PE - LBOs
+2 What is yours? I am LMM / MM - Senior Associate - comp is around £150k all in... Assist. VP in PE - LBOs
+2 I think they meant it as a metaphor. VP in IB - Cov
+2 Holy cow, looking at your post history, you are unhealthily obsessed with ranking colleges. That is just weird man StrategyChimp
+2 I know someone who interned at BNP last summer in AFS. It is a very interesting space. They said that the culture is nice and the hours are chill than traditional IB (M&A or Coverage) experience. CuriousGeorge63
+2 Dyal should get an honorable mention Prospect in IB-M&A
+2 Depends what the “mid Atlantic office” is. Technically mid Atlantic includes NY, but I’m going to assume ur mck/bcg offers aren’t NY. Analyst 1 in Consulting
+2 Not a ton to add on top of the other insightful comments, but will note a couple things: Research Analyst in HF - RelVal
+2 I didn't go to any of these schools but I will say Fordham seriously punches above its "prestige" weight in the NYC finance scene.  KremulentLizardDoctor
+2 Parents from a developing country, were diplomats, was lucky enough to live in both.   Daemon145
+2 Echo your analogy with the pre crisis banks, RH has definitely voiced that’s what he’s modelling Jef after, coming from Drexel himself  erroraltf4
+2 I did Stern. Super high pressure but recruiting resources and access to alumni was incredible. If you do what you’re told (and have a little luck), you will get an offer by senior year at a great bank. suppler-coulee.9k
+2 Look at the recruiting pipeline, the interview difficulty, and the competition in the job market. Investment Analyst in PE - LBOs
+2 I work in a CIB group that focuses on traditional lending/underwriting. To answer how to get more experience / how to frame your learning maybe the following can help outside of raw experience. Analyst 1 in IB - Gen
+2 Facetime culture is still existent in PE, albeit a bit better than banking. Dow70K
+2 Hi Sir, thank you so much for doing this. I held a Bachelor degree of math outside of US and graduated from a top MFE in 2025, after which I worked as a rates Quant in a BB bank. Analyst 1 in S&T - FI
+2 No PE firm seriously looking at AI is doing it for the purposes of lowering the workload and letting people go home at 8pm instead of 12am. Associate 1 in PE - LBOs
+2 There was never a threat significant enough to aim the gun at the individual. He could have shot the wheels, just had police tail the car or any number of things. FinnesseGod
+2 I would say #2, which is basically restructuring advisory work at its core and involves corporate finance principles - both of which will develop a strong skillset for a BB Restructuring/Lev Fin group placement. johnny_quest007
+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 send an email to sadiq khans office wallstreetbroker
+2 Has anyone else been promoted? Have you taken the GMAT or do you have any MBA offers? Associate 2 in IB-M&A
+2 Banking is only better than MBB if you are dead set on PE/HF or Corp Dev. MBB is significantly better for corporate strategy exits/owning a P&L/joining a top startup. Intern in PE - Other
+2 I think two minutes on my feed would kill the HR lady Spreadsheet Sasquatch
+2 Np, ended up choosing UCL. Intern in IB-M&A
+2 Nice post, OP. I did my MBA at Ivey so good to get some insight on the undergrad side.  Manager in Consulting
+2 Are you surprised that someone cheering for the gestapo is spreading unsourced, echo chamber bullshit?  DEIty
+2 Australian National University  Manager in Consulting
+2 Generic advice: Read financial news daily, try to form some opinion about companies and the macro. Learn coding, as much as people say it isn't needed it will open a lot of doors. usernameladiesman217
+2 News broke this morning that TB is “nearing agreement” to hand Medallia over to the lenders… aka BK. $5.1bn equity loss.  VP in PE - LBOs
+2 Me: If these trends play out and persist I can see them [Hg and peers] getting smaller VP in PE - LBOs
+2 Don’t know why he avoids saying he works in credit? In his recent vid he says he worked at a private equity firm where he made “minority investments.” What are we talking about here? Analyst 1 in PE - LBOs
+2 Thing is that it's not just the 2020 fund but also the 2022 one in terms of where things are marked. It's not a good sign when you have 2 bad funds, really hard to justify it. Associate 1 in PE - LBOs
+2 "Source: I'm a VP" Also OP: Intern in PE - LBOs
+2 It's cause the comp is not as good as it used to be. Kevin25
+2 You should experience hanging out with your friends, drinking some beers, and touching some boobies. The soul-crushing work will come... Five Star Man
+2 Wall Street happened.  No one seems to respect businesses that do a good job, are going concerns, and don't have plans to grow by double digits every year.  Where was Chipotle supposed to go? Ozymandia
+2 Would you like not one, but two cookies? Distressed_Hairline
+2 Disagree. Evercore Tech is a B+ team behind Q, GS TMT, and MS Menlo. Maybe comped with JPM tech, Barclays, etc… What is insane about them? Associate 1 in PE - LBOs
+2 For PE Associate recruiting, yes, you will absolutely be at a disadvantage if you are in SF, as NYC is the financial capital of the world and where a ton of in person recruiting happens. Associate 1 in PE - Growth
+2 The firm I work forEveryone else Prospect in RE - Comm
+2 Q - How do you go about building a network of relationships with investors / PMs at other funds and with LPs? James' Bond
+2 MOE RX isn’t above HL RX, but any M&A/RX group at MOE CLEARS all PWP groups by a large gap (objective third party with no horses in the race) Associate 1 in PE - LBOs
+2 Bro snuck in Cambridge. Prospect in ER
+2 Heard 3-4 kids already got offers cause they accelerated with point CEO in IB - Cov
+2 There are too many names to make a generalization. Go where you think you'll learn the most and has the 'best' industrial team. VP in PE - LBOs
+2 In my experience, clubs (esp at targets) are one big circle jerk. They def help, not needed tho if you put ur head down and grind.  Internships > Clubs  Analyst 1 in IB-M&A
+2 If you need to ask, it wasnt a good chat. Analyst 1 in IB - Gen
+2 The 2020 fund I think is not a great view of where the firm is headed because they frankly have a couple large assets (Trellix for example) that are not performing and still figuring out how to get out. Prospect in IB-M&A
+2 $5 - 10M. At 34, I am pacing to hit this at age 45  and 50 conservatively. I would like the optionality to leave when I want. I definitely enjoy my work enough and have found good balance with family / interests. dedline
+2 No one goes to school planning to become a 'real estate consultant.'  Usually you see that title from someone with super-niche expertise (zoning, legal, site selection, engineering, etc) or someone who recently left a asmith_1
+2 hi, continental background here. Do not worry you are much more advanced in timeline than a 28-year old German intern guillaume.alexandre
+2 Going through placement atm. I’d personally take it over Industrials/C&R. Management is putting more of a focus on tech/hc M&A as shown by new hires and departures of industrials rainmakers like Edelman. remainingbirch1
+2 You never know if you don't ask. For everyone's feedback in this thread, you may have an edge case where you get lucky. StillNomad
+2 Age: 35Title: VP4Fund Size: $750mmIndustry: GeneralistGeography: Secondary/tertiary cityYoE: 11Base: $275kBonus $325kTC: $600kCarry DAW: VP in PE - LBOs
+2 I’ve been using Claude as my “investment associate” and it’s incredible how good it is at modeling. apetrynamakeit
+2 I read your comment, great advice that I will be acting on for sure. I'm in a similar boat given that I haven't heard of anyone from my University breaking into IB.  RickyDicky
+2 Love the certainty!Would love some insight on following thoughts supporting the strength of national MF firms: spybreak
+2 it's kind of hard to define a "market" offer at this level since every firm's structure is so different. Developer in RE - Comm
+2 Above is a good answer. If you're not interested in the travel piece of it, I'm not sure what the draw is. It seems like you only list negatives. Associate 3 in IB-M&A
+2 Age: 30 YOE: 8 Title: Analyst (HF) 2Y IB 2Y PE 4Y HF Fund Size: $2-5Bn in T1 City Base: $200 Bonus: $200-5000 Analyst 3+ in IB - Cov
+2 Sure, it’s probably doable with a handful of HNW’s who are looking at it more as an ego and “legacy” play more than anything. hardcode4u
+2 Think the nature of infra (finding "edge" in assets that are highly contracted and regulated) just means the time will be filled running more sensitivities, more analysis... Associate 3 in IB-M&A
+2 It looks to be primarily an accounting role, which is much easier than CFO at an opco. Obviously, being involved in capital raises is not needed…the best paid CFOs that I know spend a lot of their time on that.  TechBanking
+2 56. BofA RBOB_squarepants
+2 Where’s BofA WSneversleeps
+2 European perspective here also. I find the sheer amount of loopholes to jump through to be a little bit ridiculous. Associate 1 in IB-M&A
+2 Brilliant response. I’ve been fortunate to work with senior producers who have done incredible things—the common thread is great partners. They rinse and repeat. cpgame
+2 I agree with your list but I've also seen CPG, retail, travel/tourism, professional services, and other companies in a variety of industries with a solid corp strat team.  Associate 1 in CorpStrat
+2 A lot of the perception differences you’re seeing come down to context and what people value (recruiting outcomes vs. academic reputation vs. campus experience). wirkutskijkarl
+2 Wow, before making a life changing career move I also thought about it immensely but wanted to inquire with other finance professionals in a similiar path, I asked 3 other people on this forum.  Analyst 1 in IB - Cov
+2 this is the funniest WSO post in a minute, I never comment but bro. There’s a chance she even sees this.. as a girl — you should definitely get your money up. limitededition
+2 del del del Analyst 1 in IB - Gen
+2 restructuringinterviews.com And yes, you're cooked MysteriousBanana
+2 Hey! So it really depends what team you're on. Let's take Spotify for example. There are going to be various initiatives that span across revenue generating and cost units. subscriptionfinance
+2 Think the big thing with UBS is that in most groups the top analysts just get all the deal reps, and that’s what drives exits. Analyst 1 in IB - Gen
+2 If you truly don’t mind being in UK temporarily, Oxford is the right call I think. I went to Harvard and would think of Cambridge and Oxford as on pr (Oxford actually slight edge to Cambridge from what I’ve heard). Associate 1 in IB - Gen
+2 I mean most can get good scores on exams if they 'prep' hard enough. The thing about diversity hiring is that they get a good amount of heads up simply for their ethnicities or gender, regardless of their preparation. Intern in IB - Cov
+2 My first job out of undergrad was at Eastdil. I absolutely fucking hated my life and real estate in general, found it super mundane and boring. Analyst 2 in IB - Gen
+2 LMM lending does almost always have real covenants, minimal threat of destructive LME, and better attachment points. CPDDOUGH
+2 Congrats on Moelis rooseveltfan
+2 That's really sad. I still think the complaint is a mistake but I feel bad for this kid Analyst 1 in IB - Cov
+2 Monkey.D. Associate 1 in PE - LBOs
+2 The behavioral interviews are not difficult compared to other BBs. Works at Goldman Sachs
+2 I agree with SaaSchimp. I would add as a reason that you’re deploying successfully and that’s really all that matters right now. It’ll be very easy to be sidelined at the MF or to simply not deploy.  VP in PE - LBOs
+2 Makes very little difference. Just be in a finance club and do econ/peco/math. I've heard switching to the MSB has gotten harder over the years. babaganoosh342
+2 Not surprising — “natural attrition” is basically the cleanest way to hit headcount targets without the optics of layoffs. If people are already leaving, no need to force it. bobybryan
+2 If I were you I would also aim for schools like BC, Tufts, Northeastern in the region where your school is at. The reason is :1. randomfreshmanguyuva
+2 LMAOO this guy is definitely rage baiting. “Little man” cracks me up Analyst 1 in IB - Cov
+2 pjt m&a is a good place. yes deal flow might not be as strong, but it’s still a bank that ppl respect, it's in line with moe/laz. tbh all the ebs are great, idk why ppl on here always split hairs over them. Intern in IB-M&A
+2 moneymaker03
+2 Depends as you naturally have a ranked approach ie tier 1 LPs who likely have a higher chance of success in underwriting the deal with sizeable tickets, tier 2 LPs who can do small tickets and might be able to the deal and Analyst 3+ in IB - Cov
+2 "Does doing something niche, e.g. event driven or distressed, lessen the competition for LP capital when it comes to spinning out? Or is the opposite true, i.e. L/S being able to access more LP capital?"  Research Associate in HF - EquityHedge
+2 VP1$300k cash comp (Europe)$2m carrySome co-invest required Investment Manager in PE - LBOs
+2 I wouldn't get another degree for 'prestige' solely. The masters does sound related to your goal, but I'm unconvinced of its benefit given you already went to Harvard (i.e. bobzen
+2 Anonymous Monkey: AS2 $0 Bottom Like you got no bonus at all?😭 wolfofwallstreetchestbeat
+2 There are a ton of variables in what you’re asking, so it’s impossible to give a neat answer. VP in PE - LBOs