Highest Ranked Comments In The Last Year

+2 As a trader, your path is trader or PM. That's it. As a fundamental analyst in prop firms, you'll have a great career. These places are so rich that they can not longer run just market making and collect money. usernameladiesman217
+2 levfin, dcm, ecm all decent; levfins prolly the best experience out of the 3 but will say u wont get much left leads (although theyre trying to grow that in the US); culture is a bit strange but the closest exp u will get Analyst 1 in IB - Cov
+2 Just send an email reaffirming your interest and thank them, that's really all you can do Prospect in IB-M&A
+2 Yes. A month is a very short amount of time.  CRE
+2 Insoles are cope, you would have to wear them literally all the time, if anyone ever notices that you wear insoles, its over. Nothing cringier than a short guy that cant accept the fact that he is short. Eman_Kant
+2 No one has the time or the energy to track exactly when you're coming in and coming out. As long as you're coming in/leaving around the same time as other interns you'll be fine. monkeydonkeys
+2 A- You can also be direct; direct doesn't mean tactless / rude though. I think your question is trying to address - how to be direct but also land well socially. James' Bond
+2 Eat what you kill is true but he also needs to provide you a respectable base pay that’s in line with the rest of the industry. Investment Analyst in HF - Event
+2 To the casual bystander it looks a lot like gay sex.  IsItREPE
+2 Propaganda machine right here. This is a dick measuring power play war that fight Israel’s battle for them and makes Trump feel tough compared to his idols in Putin and Xi Jinping. liquidiot
+2 I came in here to laugh and it was actually decent advice generally. It is stuff that shouldn’t matter + hygiene should be obvious but it does come up sometimes  VP in IB - Cov
+2 Pretty well respected across fig Associate 1 in IB - Cov
+2 Many parents hate themselves and that is exatly why they hate their kids -- they dont believe in themselves ( mostly because they are a failure in career and in love ) such that they think their kid is just gonna be anothe FlyingBoat
+2 Yeah they are also hiring a lot at the associate level as well (am in process for an associate role there). Analyst 3+ in IB - Cov
+2 they suck, AVOID Incoming Analyst in IB - Cov
+2 I don't think so. I can't say definitely, it might have been possible during the past, but in this period of low headcount vs high demand, no STEM degree would likely automatically be screened out by HR. Associate 1 in S&T - FI
+2 If you’re willing to take a huge prestige/pay/title cut relative to IB, you could look for roles at business brokerages. Analyst 2 in IB - Cov
+2 I will find it impressive if you actually work in IB because it sure can't be easy to find time to work in between the endless spewing of propaganda. Bruvver
+2 There’s also a dynamic where for PE, at the MF partner level there are very few outliers relative the past but if you get there a very good path to make 5-15mm a year. Managing Director in IB-M&A
+2 Context: I work at a MM industry group (M&A + Capital raises) and our industry is ripping consolidation and capital raises right now. Analyst 1 in IB-M&A
+2 I think my firm already finished recruiting, so apologies if I’m replying too late. Only real advice would be to check your degree audit and see when you’re tracking to graduate. Analyst 2 in IB - Cov
+2 " And the nepo stuff is nonsense" ? You have no idea how familial connections will become important when AI makes intelligence a commodity ( which AI will ). FlyingBoat
+2 This post is either an AD or OP is not actually in banking. Associate 1 in PE - LBOs
+2 Why did I go into PE? FML Principal in PE - LBOs
+2 Whatever the impact we think will happen in the short or mid term, these tools cheapen some of our skillsets.  So, work on strengthening other skills such as: odog @digitalimmortality.com
+2 Likely yes, but also you have to deal with a Neurotic Josh Harris. One of the greatest WSO comments that I remember is this story about him from an apollo associate: Associate 1 in PE - LBOs
+2 Why are you setting your goals so low? Just do it NOW. Drop out of college and raise a $10B fund immediately. What’s stopping you? Only you can limit yourself. You are the next Klarman. The next Griffin. Associate 2 in PE - LBOs
+2 If you do want a job in Asia, I would think that being in Asia would be a benefit. Employers in Asia would probably have more interest in you because they do not have to worry about you relocating. financeabc
+2 This isn’t too dissimilar to how we’re framing software internally at a top BB. Analyst 1 in IB - Gen
+2 Haveli and 26N are not "incredible brands" yet. Their founders have incredible personal brands but literally no one outside of PE and alot of people in investing world even have no idea what these funds. Associate 2 in PE - LBOs
+2 Hi there, RedB@ron
+2 . Analyst 2 in PE - Other
+2 3G, whatever happened there  Prospect in IB - Gen
+2 Took me a while to find you to save for the flight back later. Reminds me a bit on paripassu and the likes.  Here is the link for others, hope its okay to share.  Analyst 1 in IB-M&A
+2 I disagree with the other posters here. SPYShorts
+2 My fraternity brother works there. Associate 1 in PE - LBOs
+2 you don't answer my question regarding the cases where the companies reneges offer due to internal candidate / change mind of PM. Analyst 2 in S&T - FI
+2 Stern is gonna put you in a good spot. The only thing maybe slightly against you is it seems like ppl recruiting for IB from here are growing each year. usc/ucla seem to be getting stronger in recruiting, esp in LA. Intern in IB - Gen
+2 Work at one of those banks, this isn’t a mass conspiracy Director in IB - Cov
+2 What you’re talking about doesn’t happen very often so it’s hard to say what the best practices are.  I know of one guy who did it (industry to equity research) and his was networking based.   oil_quant
+2 Meal wasn’t fake, they just did a 180 Analyst 1 in IB - Cov
+2 We have one rather prolific borrower who always forgoes the buy-down, claiming he “doesn’t want to owe more later”. This is funny to me since his entire goal is always to maximize every last dollar of cash out. Non-Recourse
+2 I love modeling the shit out of a big ass granular tape of loans REPE_Monkey
+2 The reality of PE recruiting is that headhunter coverage varies a lot by person. I ended up at a $15bn+ UMM fund, but only two headhunters showed me UMM/MF roles. Associate 1 in PE - LBOs
+2 Has been improving over last couple years. Competitive industry but there’s been a few solid senior hires so should improve over the next few years Intern in IB - Gen
+2 What’s the source? Analyst 2 in IB - Cov
+2 Wouldn’t be surprised if UBS evntually emoves to a one person deal team to max revenue per head. Analyst 3+ in IB - Cov
+2 I think - at least in my experience when I went through the recruiting process - you’re unlikely to get fired if you’re absent for a couple of hours every so often. Value_Error_Creation
+2 I'd say largely a cliche, but work your ass off. Make sure every task you get, you do to the VERY best of your ability, and ALWAYS double check (or even triple) before it gets sent or presented to your team. Dev_WanaBe
+2 Finally someone gets it. This is the best take on this thread. Software is fucked. All these PE funds that took software companies private few years ago, are all sitting on mega losses now. Analyst 3+ in HF - Other
+2 Bainie here - agree on the above but hours are going to be substantially better at Bain. You actually aren’t going to travel that much if you don’t want to. Analyst 1 in Consulting
+2 The market is really hard right now. Since you’re a junior in college - since you’ve entered college the market has been really tough. Getting jobs is hard. I have plenty of friends who were laid off in the last 4 years. pudding
+2 Yeah I’m really not sure haha, since he’s super savvy and we’ve gone through the exercise a few times. He fully gets IO and always wants maximum. Non-Recourse
+2 Very minimal info here, but it’s something: https://www.wallstreetoasis.com/forum/real-estate/ CRE
+2 I work at an EB and we run credit checks to make sure that analysts can pay proper tips to their MDs Analyst 2 in IB - Cov
+2 No, unless u defer it pays out like a week after they’re announced (on a regular pay cycle). pachimp1
+2 The Master of Finance at ESCP is very well rated and ranked top in the world by FT. Worth having a look. sebbag007
+2 Sophomore from target, 3.8 GPA with internships and experience, feeling the same. Prospect in IB - Gen
+2 Wow you have so much of your career invested in UBS. I hope they end up fine so your life doesn't come crashing down. Associate 3 in IB - Cov
+2 Why is this ChatGPT lol, what’s going on Analyst 2 in RE - Comm
+2 PPE is a known quantity major at Penn, so I would imagine a Brown version would be recognized along the same lines. You shouldn’t have any issues there. CRE
+2 Congrats on HSBC LowYield_Larry
+2 London based here and I have done 3 years in banking and 1 in PE. Associate 1 in PE - LBOs
+2 I’ve won tickets to both practice rounds and real rounds. Most years I don’t win and have to find some vender to take me.  IsItREPE
+2 Much can change, I'd just take a normal course load freshman yr. and re-evaluate. You may want to transfer or switch majors after you get into the courses.  Rags to Hermes
+2 Did my SA at GSAM. Incoming Analyst in Private Credit
+2 Columbia post lmao. The struggle is real! ibmonkey27
+2 It’s been a mix. Few supers I’ve felt confident and some not really. Just given where i’m at in the cycle, can’t deny I’m not feeling the anxiety of placing. deliciousnessma
+2 Evidence says the exact opposite. schoeyy
+2 I've heard UBS is about to leave Banking to make it in the Banana business  Sharky286
+2 If you went to RSM you need it more tbh Associate 1 in ER
+2 Fuck hsbc Intern in IB - Cov
+2 Never thought I'd see those words written on WSO... Analyst 2 in IB-M&A
+2 Are you going full time or nights / weekends? I was accepted into both and voted with my wallet. Kellogg accelerated program saved me $30k. illiniPride
+2 Dyal should get an honorable mention Prospect in IB-M&A
+2 American banks are trending towards European-style consolidation (less so now with better banking regulations for regional banks under the new admin). Associate 2 in CorpFin
+2 Look at the recruiting pipeline, the interview difficulty, and the competition in the job market. Investment Analyst in PE - LBOs
+2 Son😭😭😭😭😭😭 Analyst 1 in IB-M&A
+2 I can't second this God-sent advice enough. I'm currently in the product space (ish) and the biggest problem some SaaS firms have is doing a lot of things poorly instead of one thing well.  FinnesseGod
+2 send an email to sadiq khans office wallstreetbroker
+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 This might be my hottest take on this site, but I truly believe it's impossible to get BB or MM IB by recruiting FT out of undergrad. Prospect in Risk Mnmgt
+2 key difference is that you have a ton of flags for CPI indexation and debt is usually sized based on DSCR. So learn how to: 1 - Size debt based on DSCR and get accustomed to DSCR, LLCR, LTV covenants Associate 1 in IB-M&A
+2 octog Works at The Family Office
+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 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 your country is an open-air museum to Americans. Instead of copemaxxing how about you go and generate some economic activity equitymuncher
+2 I've never heard of anyone doing this. I don't even know how you would reach out to club members in the first place - people are busy at their summer internships, and you definitely might come across as too sweaty. justwantajob12
+2 You already have so much going for you, best thing you can do is avoid making finance your whole personality because that's the one way I've seen kids with the same background mess it up Intern in IB - Gen
+2 Thanks, it’s honestly hard to gauge. I genuinely find learning about companies interesting (otherwise I wouldn’t want to build one), so investing could be a good fit… but I can’t tell how much of that is real vs. Prospect in IB - Restr
+2 As mentioned above, you will need a convincing answer as to "why energy / Calgary" and I don't suspect you'll be very convincing if you're only looking at Calgary because it's easier to break in. Director in IB-M&A
+2 All in on nothing Iran is a fake country larry david
+2 ignore title Ur fine..most juniors left because 1) they don’t wanna work in Austin/Chicago / wanna be in New York 2) they don’t see themselves becoming VPs+ after 2+2+1/2/3 as senior asso Analyst 1 in Non-profit
+2 moneymaker03
+2 Do it. I’m someone that always reccomends you do something that your passionate about. You’re young and take a shot and don’t look back. Associate 2 in IB - Cov
+2 Finding a sense of purpose involves aligning daily actions with personal values, serving others, and exploring interests through active experimentation rather than passive reflection. moneymaker03
+2 Don't be afraid to ask questions! Anyone who is judging someone who is junior and doesn't know, is not someone most of us want to talk to. pv01 gang
+2 Bumping this crewdog870
+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 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