+2 Good group from what I hear with a good junior culture. Very decent deal flow and mining focused. Analyst 2 in IB - Cov
+2 - xxx1
+2 I am having the same problem. Ok GPA at a good school with a top brokerage and strong REPE internship. dominic242734
+2 bump Intern in IB-M&A
+2 Based on what you described, is there an obvious larger firm you know already that could pilot a partnership or referral agreement? johnny-mnemonic
+2 Enjoy life first lol. No high schooler should be dead set on consulting before taking a step in college. You're likely making an extremely uninformed decision based on some TikToks or something. Summer Associate in Consulting
+2 Is pendulum going to swing back to just buying scaled, strong businesses with organic growth prospects and operational value creation opportunities? Principal in PE - LBOs
+2 Seems to me there has rarely been a better time to build, rather than buy, particularly with the goal of ultimately selling to one of the existing platform consolidators. VP in PE - LBOs
+2 From my own experience, having interned at 2/3 top 3 BB’s in London, there is no strict rule - UK interns (and rightly so tbh) optimize for conversion perspectives. Analyst 1 in PE - LBOs
+2 yes.... reality is slightly more complicated... at least slightly more complicated than the pornographic passage from the 48 laws of power u quoted..... GS under Blankfein
+2 YOE: 9 (2 prior in unrelated financial services) Firm: Family Office Director in RE - Other
+2 You’re definitely not late, and this is a really common point of confusion—especially if your frame of reference is investment banking. kelvinmadris
+2 Yes, it is better than nothing. PeRmAnEnTiNtErN
+2 Think you missed the liquid part  Analyst 2 in IB-M&A
+2 It’s your job to check it Associate 3 in IB-M&A
+2 GAM = FIG basically? Associate 3 in IB-M&A
+2 Totally. I wouldn't advise a traditional PE professional to attempt to be the operator. Rather I was thinking to assemble a team of operators and let them fly. VP in PE - LBOs
+2 Why doesn't the NFL only draft kids from the SEC? NuclearPenguins
+2 Dude don't move lmao....just move to a satellite office of a PC shop that you seldom have to goto the office for.,,,,ride the wave - you're not gonn able to command the decent paying corp dev roles unless you are ok going VP in PE - Other
+2 Appreciate the perspective - super helpful Associate 2 in PE - LBOs
+2 background checks involve verifying your degree and any school awards you listed on your resume. CannedBread72
+2 I would start by not using your full name as your handle Intern in IB - Cov
+2 Some more stuff from him:  Analyst 1 in PE - Other
+2 I would also not join a seed stage startup - you are accepting founder level risk without founder level reward. Associate 3 in PE - LBOs
+2 Was interviewing at a mid tier long only for an analyst role. First round starts with an HR screen. For the second round i had an hour long interview with the hiring manager where i think things go well. strongbacklog
+2 Got placed into M&T Intern in IB - Gen
+2 Also to temper expectations I think you have to realize that the PM will want to maximize his pay since he didn't take much home either the first two years and will see himself as the main "risk taker" with the pod... Investment Analyst in HF - Event
+2 Anyone who believed this story at any point needs to get their brain checked - knew this was fake as soon as I read it ky9xnsz
+2 Delusional WSO Prospect Final Boss dcfdestroying
+2 Is it really that bad? Analyst 1 in IB - Cov
+2 I just don't understand why you would work at a fund like this unless you're a masochist who likes to Stockholm Syndrome yourself into thinking that 5 days a week in the office with a suit+tie is the recipe for a success. Moonshallow
+2 Claremont alum thinks they’re non target 💔 Intern in IB - Gen
+2 He's from Nepal, not India.  Regardless, what's the backstory on his past/stealing?  What was he tryna accomplish? Daemon145
+2 Honestly, if nobody mentioned it after the meeting, there’s a decent chance it either went unnoticed or just wasn’t important enough to derail the discussion. roverkandy
+2 Continential Europe view: At the end of the day, finance is not rocket science, people need to be somewhat smart combined with a strong work ethic and some industry-specific knowledge (which you don't learn in university). LeBamboo
+2 Would any of you say this if it was your sister or future daughter that was the victim? Being male doesn’t mean he always “wants it” and being foreign doesn’t mean he is always out to steal money from JPM. BobbybananamA
+2 You’re not impartial, you went to Stern lmao. You’re the guy who made the trash vs garbage. You ain’t slick. Associate 2 in PE - Other
+2 OP here, would say I did saw people moving from buyside after SA to IBD FT, not sure if they get return offer or not. Prospect in IB - Gen
+2 VP in PE - LBOsJust read the excerptsOh nooo my steak too juicy my lobster is too buttery PrivateTechquity 🚀🚀🚀
+2 Every man should know how to ride a horse. Been riding for nearly 11 years, Western and English, and now I'm mostly a polo player. Just got into car racing, highly recommend but stupidly expensive. wsa007
+2 did you hear back? Anonymous12123
+2 If you're friends with your co-workers, it's not unusual for things to get a little awkward or tense whenever there's a comp or big picture career discussion. decrebepro
+2 Do not go to Princeton or Columbia to get into IB/PE. Those are financial engineering programs and will not help you in any way for traditional finance, from recruiting to the coursework. Intern in IB-M&A
+2 A fellow first year analyst here feeling exactly the same thing (I could’ve written an identical post) Feeling lost and uncertain too Analyst 1 in IB-M&A
+2 Damn bro how am I supposed to charge hella acq fees with these doomer takes Assist. VP in RE - Comm
+2 How is FIG? Analyst 1 in IB - Cov
+2 Value of operations (net enterprise value) and gross enterprise value are very different. Prospect in IB-M&A
+2 This makes no sense lol, you are literally saying I don't care if you are competent, I only care about your school, but the reason people typically care about pedigree is that they think it has a higher correlation with co topchimp4352
+2 Just did the first round - super behavioral questions that are slightly esoteric but no technicals. Just questions about your interests, what you enjoy doing etc.  chikcnnew
+2 Whats unfortunate is if you're one of the "good" ones as the amount of undesirable ones come in you increasingly get lumped in with them too  QuestionableExpenses
+2 I’d take Moelis bro. Congrats Analyst 1 in IB-M&A
+2 At Citi they restructured underwriting to sit under LevFin, so they consider it to be front office. The legacy structure was middle office credit risk which they moved away from. Associate 1 in IB - CB
+2 Not in multi, but this can be broadly applied to industrial as well as obviously demographics have a significant impact on industrial as well (to a less degree), and to be honest I think you are right.  Dev_WanaBe
+2 Comments are spot on. careerbanker218
+2 Is your level basically equal to a VP in PE?By phenomenal WLB what does that translate to in terms of average hours per week?How did you find this opportunity? Thanks for sharing. Associate 3 in PE - LBOs
+2 "I recommended that he go to therapy" lmao if I was in his shoes I would avoid you extra after that starbuckssalesdesk
+2 I'm going to assume not db as those 3 banks is a pretty odd grouping. being at one of those, would probably take shareholder over especially HSBC which is a sinking ship. Analyst 1 in IB-M&A
+2 Anyone have thoughts on life sciences NYC? Deal flow seems decent per announced transactions, but seem to lean on smaller side Analyst 2 in IB - Cov
+2 is this a pure mm or a balance sheet bank for levfin? Analyst 1 in IB-M&A
+2 Intern in IB - Cov
+2 Did a combat mos in the Guard all through college and a bit after and even that is a bit of a committment. QuestionableExpenses
+2 Can speak to this a bit. Left for Corp Dev at the tail end of my AN2. Did corp dev for 2.5 years then came back to banking. weaslbee
+2 What do you want to do with your life? Do you want to run your dad's business or do you want to continue to work in REPE? You can make money either way, but either way you'll have to wake up in the morning and go to work. CRE
+2 Oh look, another mediocre virgin complaining about women on WallStreetOasis DEIty
+2 Hate that 48 hour case studies have become the norm. Associate 2 in PE - Other
+2 M&A analyst probably the most anxiogenic job in finance so take it easy on yourself Huple
+2 One real tip, that I don't hear as often is ask good questions about something your interested in. If you have a genuine interest in something and you're curious how it would apply to the club you should mention it. Prospect in IB - Gen
+2 anything on the social/people side of the job you have tips for, similar to the take analysts out for coffee type thing? Or stuff that maybe annoys you when interns do or other way around? Prospect in IB-M&A
+2 It’s a misconception that only good looking people get raped, some perpetrators are driven by lust, others are driven by desire for power, this applies to both men and women. miranmiran
+2 Also the 'well-to-do' upper middle class kids of the respective minorities that the company's schemes may be trying to target. I.e the kids that would have been fine anyway VP in IB-M&A
+2 I’ve interacted with one of them professionally, and the reputation discussed in this thread unfortunately aligned with my own observations. Dustin Hoffman
+2 Is M&A good?  Intern in IB - Gen
+2 Did you hear this from a first-hand source (current / ex employee) or just from this forum? I know there's some negative stuff said about culture on WSO but they seem to be doing very well fund growth wise Associate 3 in PE - LBOs
+2 Thanks for this - really appreciate the perspective. L_M_33
+2 UBS still too high Analyst 2 in IB - Gen
+2 Congrats man! UVA offers one of the best work hard/play hard/IB success dynamics  Intern in IB - Gen
+2 Brown for sure. You'll be able to get the opportunities that you want, it's more a function of less interest in finance at Brown v. Stern (but FWIW I think Brown alumni in finance pull harder for their own as a result). Investment Analyst in HF - Other
+2 Lol this is actually true tho. A few of my smart friends are at CVP, PJT, PWP, and Moelis. I don’t think they would’ve chosen them over GS but there’s a certainly an argument over the other BB’s. Analyst 1 in IB-M&A
+2 I wish I would have learned more bricks and sticks if anything. But I’m sure the shoe would be on the other foot if I was a quasi construction guy. jarstar1
+2 Appreciate the response. cz2gxr
+2 What kind of question is this? That logic extends to VPs and Ds too then. I am a D and I don't open any of the threads with the title of prestige rankings, deciding offers, etc. Associate 3 in IB - Gen
+2 Thanks a lot for sharing this - really appreciate you breaking it down so clearly. L_M_33
+2 Pre-2022: Yr1 was typically more quoted. Now: In Place because no one knows what the fuck the following year or tomorrow will bring. Assist. VP in RE - Comm
+2 Ignore title but did analyst years in FIG. Many threads on this so I encourage you to read them all. Analyst 1 in IB - Cov
+2 If you already have a job, then you’re fine. Your next job will care more about your experience than your GPA. marketmechanic
+2 You’ll be fine. Your GPA only matters (and barely even) for your first year post-grad before you get any real experience. marketmechanic
+2 got LF Intern in IB - Cov
+2 Correcting that HC at BMO is not great. Heard they've done 1 deal last year and then none since covid Analyst 1 in IB - Gen
+2 Don't come to Veritas. Everyone thinks that they are special and can survive the culture only to find out they are not. Associate 1 in PE - LBOs
+2 An MBA doesn't make any sense in today's economy unless you're looking for a drastic pivot. You aren't. I would hard pass on the MBA considering it's a $500K opportunity cost. Business School in CorpStrat
+2 Curious on the hours of Lazard tech in SF and culture wise - I got the offer back when I was applying for summer analyst but turned down to go to a BB in NY, but rly wanna go to SF later on; the 2 day wfh is pretty attract Analyst 1 in IB - Gen
+2 Places like Oaktree / Ares / BP if you perform should be able to make VP. PIMCO seems to be expanding atm so probably a good shot there. VP in PE - Other
+2 In all seriousness, target schools are one of the highest ROI investments on earth. You are paying thousands per year for a brand potentially worth BILLIONS. Intern in PropTrad
+2 All info I know abt NYC position: slavelaborwallst
+2 Headhunters are somewhat similar. They'll screen you to make sure you can do well. Demonstrate genuine interest, stock pitches prepared, etc. bottombucketanalyst69
+2 Small thing: Don’t read guns germs and steel. It’s a terrible and poorly researched book. But I 100% agree with the sentiment. StandardHardo
+2 Maybe when Jamie Dimon was talking about a bond crisis this is what he meant.  FinanceBrah
+2 This is like saying THL and AEA  is a better PE offer than KPS because THL and AEA take kids from more pedigreed top BB/EB backgrounds compared to KPS.  Analyst 1 in IB - Gen
+2 You can't change how others behave, but you can change how you behave.  Contribute well-thought out and insightful posts and maybe others will return the favor someday Soros_
+2 I interviewed with some ISQ people very recently. I think this is mostly true. yoyoyo123