Highest Ranked Comments In The Last Year

+2 I think LLM capabilities when used at full capacity today aren't chatbots like Claude and ChatGPT as many think of them currently. FinServces
+2 Pretending that charlie kirk was debating in good faith and not fishing for sound bites to dunk on libs and farm social media engagement and clicks is one of the worst takes i’ve ever heard of in my life prospectieape
+2 Incredible. I'm a founder and use it to code, and it understands long-term thinking way better than Opus while also picking up on things I would've had to specify a few months ago. Investment Analyst in VC
+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 I'm pretty sure we are in a recession right now. Everyone I talk to only talks about how bad the economy is and that their business or employer is slowing down and laying off. Fred Fredburger
+2 The actual buyside network at NYU is far superior. Pedigree Cornell has by an hair (can't beat Ivy) but PE funds that are that picky about pedigree to differentiate Cornell and Stern aren't hiring from either buddy... 188m
+2 staylor1490 Ozymandia
+2 PM in RE - Comm Ozymandia
+2 m&a, fig are the worst groups in terms of culture and experience. You’ll be overworked in a toxic environment and have subpar deal reps and exits to show for it.  Associate 1 in IB - Gen
+2 jl12 Works at The Family Office
+2 Based on observations/anecdotes, and to repeat above, entry-level positions are BY FAR the most impacted.   asmith_1
+2 Not to take over Q&A but I totally disagree with view that more company info = better underwriting.  Managing Director in HF - Other
+2 Typically M&A and Healthcare but Healthcare doesnt have great culture. M&A is a lot of b* work with handling VDRs and process-related stuff. I'd say close behind those two are M&C and Tech. domo_bacca
+2 Every fund is different but there are credit funds out there with massive equity positions. Redwood in SATS, Arini as well. Tons of distressed guys still own SFR FP stock post the RX on view biz will be sold. MediumTalk
+2 ~90 days is basically a 2nd internship lol. 1. You basically used the IB credential to get a way better job than what you likely could have gotten without IB. IB helped you, so stop crapping on it lol. SmoothStripes
+2 Stop blaming H1B or OPT international hires. You should feel grateful and fortunate to be born in THE GREATEST country with one of the strongest financial systems. as-dfg-hjk
+2 ivey kids are degens bangaisnotsick
+2 I think the commenter you're responding to is saying that TB's strategy / ability to pay up for category leaders better insulates them from AI risk going forward compared to STG's value strategy which forces them to buy lo kuf135
+2 Platform has been growing well in the US with there being momentum in M&A, but at the end of the day it is still growing back into it's old shoes and mainly serves as a balance sheet bank when it comes to financings at Analyst 1 in IB - Cov
+2 They’re a financing-led bank with one of the largest balance sheets in the region so they’re a very strong player in levfin, but relatively more conservative from a risk perspective so they’re on more of the vanilla portio Associate 1 in IB - Gen
+2 It seems like the crux of it is that the company is now less creditworthy than when it was initially underwritten, and the potential for future deterioration mean Analyst 1 in IB - Restr
+2 Can’t say much about performance cause I don’t know but I interviewed with them last year and did not necessarily enjoy my experience. VP in PE - LBOs
+2 On the same page that I submitted my application I received a hireview invite. As soon as my application finished submitting there was an option to film the hireview. Don’t worry, just email HR in the morning Prospect in IB-M&A
+2 Probably dating myself here, but there is a funny sketch from the Man Show where Jimmy Kimmel walks around Venice beach and gets a bunch of women to sign a petition to “End Women Suffrage.” This comment made me think of t fred rogers
+2 . BoweryScumbag
+2 Your analysis does not seem coherent. Most of your point is around PC making bad risk/reward investments over the past couple years which is true but isn't this correction healthy for the broader market in that case? Analyst 1 in IB - Gen
+2 This is a very distinct change I've seen in many different industries since 2023 or so. cp5670
+2 If I were u, I'd wear an AP or a Patek tbh, better first impression on you team to show them you are super down to earth and ready to work hard  Tiakola_1
+2 All you have to know: S Tier: Agentis MrRager5
+2 RE tag checks out TopBoy.-
+2 I’ve been in this position during the crypto run but was a few years older than you. What I did is irrelevant vs my advice (and ultimately what I wish that I did) Amazon Prime
+2 Similar to LMM PE.  Flood of assets have come into the space resulting in a flood of human capital as it does actually take bodies for both assets (hard to scale simply via dollars). CPDDOUGH
+2 Wear what you like. Unless you care about signalling or you a enthusiast then it doesn't really matter. anonf0fty
+2 lol you’re going to absolutely hate it as a junior associate IMO — first and second years do like zero critical thinking. WestCoastBestCoasttt
+2 Big fan of escape rooms - they are a lot of fun, and useful in reinforcing the need to work together as a team. Addinator
+2 Don't typically comment on WSO post but saw this pop up on my feed and felt the urge to comment. I was part of M&C but left a few months back to pursue another opportunity. domo_bacca
+2 Let's put RX aside, the point was more about M&A, a space where EBs and BBs compete directly.  Analyst 1 in IB - Cov
+2 I'm also in the 20% per year over 5 year boat. It's nice to have all of it vested before fund is finished. I have different levels of carry depending on the funds purpose as I spend more time in one fund over another. disre
+2 I agree with some of what you said here.  Sponsors do at times prefer PC for relationship reasons with the implication being either softer underwrite or relatedly more flexibility during periods of stress. CPDDOUGH
+2 PEPrincessI'm not invested in this conversation enough to care tbh. I communicated my positions which was my intention here.  Associate 1 in PE - LBOs
+2 If you're still interested in a good answer, this is what I'll say. GE/VC are not the same, first. VC does not have recruiting. It is over archingly network driven. Intern in VC
+2 You're already late to the game. Shoulda gone to Trinity/Dalton/Horace Mann or another target middle school Intern in Consulting
+2 Agree, with everything you said. I think hours and schedule get marginally better, but if analyst walking in the door today think hours are going ever regress towards normal (40-ish), they are very wrong. PeRmAnEnTiNtErN
+2 In EMEA: PJT (barely ever on any big M&A deal), EVR (mainly does MM/UMM in Europe), PWP, Lazard (especially London, no exits and have been in perpetual decline here) Senior VP in IB - Cov
+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 moneymaker03
+2 Why is the header “cash flow model” if you’re asking for a DCF model? palm_beach_ll
+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 Good comment. The highest paying jobs are the ones that reward intelligence and creativity. The more sales oriented jobs in finance require less of both and it’s not surprising there has been wage compression.  Managing Director in S&T - Equities
+2 I’m starting to see rates drop and prices adjust a little… but I don’t know the next time I’m going to be able to underwrite a positive leverage deal.  Pokemon Master
+2 I will admit I harbor undue disdain towards sponsors bankers stemming from countless nights as a coverage analyst getting roped in to do all of the debt modeling and credit memos for sponsor clients without even a whisper Bank4L
+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 Unpopular opinion from a native European who worked there for several years : France and Paris. Pros:-Higher salaries compared to London because of lower rents Incoming Analyst in IB-M&A
+2 I can't imagine ripping 80 hour weeks alongside 23-26 year olds as a 30 year old would be fun, but who knows. Not sure if it matters but odds are high you would be older than the VPs you would report to ... Works at Jones Lang LaSalle
+2 Stock pitches  Analyst 1 in HF - EquityHedge
+2 Auto HV -> phone screening -> SPD Incoming Analyst in IB - Cov
+2 Does the law permit a fed governor to be fired for committing mortgage fraud? It appears that it does. GoingGoingCaught
+2 2nd year analyst in CB here, GTB is front office and the pay is pretty solid, some of my friends got paid similar to me but I don’t know how pay progresses as you become more senior, but it should be solid given you become Analyst 2 in IB - CB
+2 british unis don’t follow the liberal arts mode of education and thus doesn’t allow u to add on additional majors/courses hence the choice of course that u made at age 18 doesn’t count against you when recruiting (unless i axstfug
+2 congrats on IU kelley + no you can't, they are recruiting from banks because they have already trained their employees  VP in IB - Cov
+2 At the end of the day, all that matters is how much money we make in our lives. If you're middle class, sure you have your evenings free but can you really live a good life making $200-300k? ryurai69
+2 Associate 2 in IB-M&AWhat do you think about the view that software is dead because of AI horsinaround
+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 AMBroWith respect, even if the crime is statistically low, it is still greater than what other countries have, especially in Asia Ozymandia
+2 Heard 3-4 kids already got offers cause they accelerated with point CEO in IB - Cov
+2 I think "Incoming Analyst in IB-M&A" said it well. From my experience (I work at a very small firm in the MW) I get a lot of deal exposure on municipal bonds and get to work on every part of the process. nathan pf A2
+2 I had a very good SM seat, good comp, stable and also really liked the PM and senior analyst above me. r00ldy
+2 Of that list, Carnegie Mellon and Berkeley also have very strong machine learning ecosystems, although I’m not sure how many ML classes students typically take within the financial engineering programs themselves. Associate 1 in PE - LBOs
+2 The point about LLMs not reasoning is technically correct but misses the practical point. It doesn't matter whether Claude "truly reasons" in some philosophical sense. Dr.Leigh
+2 Try follow the market a bit like it's been said already. It's really not an easy exercise finding the right price on assets, that being said for case studies you will only show a general understanding.  Associate 3 in IB - Gen
+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 Ignore it man I didn’t give a shit about stocks and was in the same type of PE firm as you then got my MBA and went to a SM and it is a lot of fun. 1y on the job but night and day happier than PE. Analyst 1 in IB-M&A
+2 +1 SB. Oh you're right. That one does count. My fault. Very crazy thing where conservatives admit when they're wrong and accept the facts as they are. NoEquityResearch
+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 One thing I'd suggest is not focusing only on agency rankings or online reviews. In my experience, the best agency for a business often depends on the specific goals you're trying to achieve. techinfuser
+2 If you signed up for a comp structure with no bonus thats on you and thats not really market but you live and learn. brosephstalin
+2 If we break things down into subsector/industry/sector then it's hard to move sectors, easier to move industries and fairly seamless to move subsectors. nutmegger189
+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 Anonymous Monkey: Do we really think migrants in NYC aren’t a net drain on taxpayer resources? They don’t pay taxes for Christs sake  KardashevScalingUp
+2 send an email to sadiq khans office wallstreetbroker
+2 Agreed with others, get out there and start applying. I don't think your resume will stand out so you will NEED to network, hard likely, to land a spot. Dev_WanaBe
+2 Same with firm reputation, unfortunately. Nowadays, if you've been employed by a 'big player' in the space, everyone wants you regardless of talent. If you've been employed by anyone else, nobody will touch you. COO in HF - RelVal
+2 I’m not a fan of the pod programs besides Citadel. Even then, they’re better options than going to an SM out of undergrad. Analyst 3+ in HF - EquityHedge
+2 "Smart, conscientious, and financially literate types are a very rare commodity in the construction world" Do you mind elaborating? How much financial literacy is needed in construction? Fred Fredburger
+2 Only go to rice if you’re interested in energy Incoming Analyst in IB-M&A
+2 Depends what you want. The Pros of each are as follows: bruvmoment
+2 Similar to the other user, I'm not really seeing where advice would be beneficial without more information.  It's very simple.  You have two options. Tonyt22
+2 Update to all, recheck your portal I had this issue but I believe it has been fixed! Django@NYC
+2 Ignore the title. Analyst 1 in IB-M&A
+2 Big Short - most entertaining Margin Call - most entertaining from a finance perspective  Smartest Guys in the Room - personal favorite  Trading Places - honorable mention, a classic Anonymous Monkey
+2 There’s plenty of evidence suggesting he is a left winger and scant evidence he is a Groyper. And I say this as someone on the right who argues with the Groypers all the time! larry david
+2 I’m sorry, I stand totally corrected johnny-mnemonic
+2 Firstly this amount of detail probably is enough to identify you easily so would edit / delete if I was you. A valid reason to do this would be if you wanted to do a PhD and go into academia. Analyst 2 in IB - Cov
+2 Is there a way to block somebody's posts? This is just getting ridiculous now, seeing these university prestige posts every other day from the same account BiggestMonkey21
+2 Interesting, I thought MDs made careers through focusing on the details? Figures below suggest you are wrong. Associate 1 in VC
+2 You're still going? The more you defend it, the more you prove my point. No one asked you to justify DCM.  You’re doing that yourself. Analyst 1 in IB-M&A
+2 I couldn’t agree more - we saw the “sprint before you walk” effect many, many times amongst our operators when I was on the LP side.  FutureCEO3
+2 Fair enough. I probably won’t go for the MPhil right now but it may be something I get down the line in my life when I’m older and retired. Donkey from Shrek
+2 My buddy works there and said the cultures great. Maybe its just a skill issue on your part. LongtimeLurker102
+2 nope defo not. she has a savings account with around $100k in it (funded by her parents), it started at 200k but she's spent 100k already for her bachelors and rent, which has led to no job so far.. mango n lime