Highest Ranked Comments In The Last Year

+2 I swear there's one thread on this every month. It could not matter less what laptop you have if you're running a VD.  nutmegger189
+2 That one year is about $100K difference in pay at age 24-25…. That’s fairly significant especially if you’re forced to do a third analyst year while peers at other banks are promoted early Associate 1 in PE - LBOs
+2 Take an extra semester or year of school. That makes you an incoming sophomore and right on time for recruiting/networking to kick off. Associate 3 in IB-M&A
+2 Deo et PatriaeCongrats on surviving Day 1!How was your table? Any notable names? (poker pros, celebrities, etc.) Isaiah_53_5 💎🙌💎🙌💎
+2 Cut back on stimulants (caffeine, nicotine if u use that) and make sure you don’t have dry skin. seekinthealpha1
+2 Given your background, you don’t need an MBA immediately. Direct networking into RX analyst roles is feasible, especially via: froggy
+2 Probably too late, if you've only emailed once I'd follow up but otherwise let it go. Not every HH will love you or pan out so it's not the end of the world Associate 3 in IB-M&A
+2 My honest advice: Duke ED is pretty much as difficult as a low Ivy like Cornell or Brown. rooseveltfan
+2 ER doesn't have to be socially dead. You're just at a bad firm. And yes it's almost definitely "worse" at an MM.  More social end of the stick is sales probably. nutmegger189
+2 Do not lie. Just don’t put it on your resume and get networking. Amazon Prime
+2 thanks Jody - super useful insight. Some follow-ups on my end: anonymnous
+2 This is bullshit. As much as I hate RBC, it's so obvious she is just looking for a large payday. Analyst 1 in IB - Cov
+2 Yes well CVP pays their third year analysts like second year associates at MM banks so not a very apples to apples comparison Associate 1 in PE - LBOs
+2 90 percent of IB / PE don’t have the skills to past a Jane street first round interview 90 percent of Jane Street / HRT don’t have social skills or shit eating attitude necessary to do IB/PE Techie98
+2 It's going to be very hard with your background. You're better off joining a start up in biz ops, learn how they work and build your network from within the industry. Determined
+2 I’ve not seen the fee flip before so definitely wouldn’t say it’s market. KR8000
+2 I’ve been using Claude as my “investment associate” and it’s incredible how good it is at modeling. apetrynamakeit
+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 I have development going, stick built, slab on grade, but anything with a podium is stalled out. jarstar1
+2 Similar to NNN CRE, the hotel industry revolves around a franchise model. Marriott and Hilton don’t usually own the assets holding their flags. Development roles at Marriott, Hilton, etc. Analyst 1 in RE - Comm
+2 Where did you get the impression that MM M&A deals are coming back? Saw that deal value has increased due to mega deals, but deal volume has decreased. wso warrior
+2 Me: If these trends play out and persist I can see them [Hg and peers] getting smaller VP in PE - LBOs
+2 I get that this mindset is an effective personal strategy to be successful… but if everyone put their heads down and soldiered on, no one would hold power accountable and exploitation becomes more normalized. estatethatsreal
+2 Yeah you’re right about the K-shaped economy from the consumer perspective. I was looking in terms of more of a capital markets and M&A perspective. Analyst 2 in IB - Gen
+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 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 They’re going early this year same as rest of bx jpmonkey554433
+2 BBs will pay slightly better but you'll build better skills in MUFG PF. VanillaMan24
+2 Is there anything you’d suggest as a better alternative to trading that would actually require or target a similar skill set? Prospect in S&T - Other
+2 I went to a Canadian Semi-Target, and interviewed for the following firms:1. Blackstone Private Equity London - Networked for Interview2. PJT M&A / Rx - London - Applied on Portal arthistorymusicgym
+2 Hard truth is that the government (post-2011) has taken a protectionist approach to work visa’s due to locals whining about “foreigners” coming in and stealing their lunch. Analyst 1 in IB-M&A
+2 congrats on stern allenscard
+2 My intent is honestly not to rip into the guy, but I do think that his post and assessment is a bit intellectually dishonest. Fred Fredburger
+2 Pretty sure this is BainCap. Enjoy Boston for a couple years, it’s not that bad. You can move to NYC in a year or two. Associate 2 in PE - LBOs
+2 Totally depends on your lifestyle.  Its absurd to think you need $10M saved to be comfortaly retired in NYC with 2 kids unless you're covering their expenses (and their kids) for the rest of your life. NewIndustryHorizon
+2 Hate to break it to you but taking advantage of baby boomers retiring and the professionalization of SMBs have been the hallmarks of LMM PE and Search Funds for the 10+ years. Nothing new here…. Investment Analyst in HF - EquityHedge
+2 I have also done (a decade of) manual labor and wholesale disagree with your statement; but, it definitely depends on what kind of manual labor you’re doing. seekinthealpha1
+2 There aren’t any  Associate 1 in IB - Gen
+2 Agree, I know we debated on other threads, but I’ve only seen fee-free carry for employees (with no strings). Agree that leverage / loans add another wrinkle, same with departure. SaaSChimp
+2 Worst MD in the firm that I should avoid? Prospect in IB - Cov
+2 Hey! I can share a few candid and actionable thoughts below: subscriptionfinance
+2 Not sure why this is getting MS'd. It's not an insult to Nomura or shilling for HL, but they are two completely different banks operating in different areas of corp fin. Analyst 1 in IB-M&A
+2 stop praying on bros downfall Prospect in IB-M&A
+2 Social skills. Coffee chats. Drink alcohol at the happy hours. Have a personality outside of finance.  Associate 1 in IB - CB
+2 If you can find a family owned jewelry store then go with that as they will be fair in price. seekinthealpha1
+2 Club sports do not make you a student athlete BoweryScumbag
+2 Been dead af. Would go through first and second rounds then never hear back, or they decided to freeze hiring. The comp ranges are also kind of abysmal tbh and makes me want to pivot away entirely Associate 1 in PE - LBOs
+2 I sure wish my new associates would use AI significantly less and actually learn how to do the analysis I'm asking them to do instead of continuously sending AI slop. loud_bathroom
+2 Being a woman is really paradise in this industry. Bananaswithoutabisjustpineapple
+2 That’s a reasonable thesis. What it doesn’t address are the software PE portcos that either are disintermediated by AI or had too high of an entry multiple (or both) and can’t exit.  kuf135
+2 The unfortunate reality is that for top American schools, family income plays a non-negligible role in international admissions. If you come from a higher income family, you might have a serious shot at the Ivy League. CuriousCalculator
+2 rutgers here - i know of 2 Evr, 1 Laz, 1 Cview, 1 moe, 1 PJT, multiple JPM's, multiple GS's and 1 MS this year alone. very surprised, didnt expect us to have heavy hitters like this gothamscalling
+2 FWIW, I don’t think the back-channeling that others mentioned is from recruiters. It’s from investors leaking to their network (“going to go tell my friend that his associate is interviewing at my firm” situations). SaaSChimp
+2 In a sense yes. But some roles in AM still involve for example fixed income products. And there are DCM/ECM roles to look into at banks. If you like equities ER is great. Intern in S&T - Other
+2 Wouldn't say it's standard, but it does has commercial rationale in aligning incentives. As long as there is a difference between leaving in good terms vs. GS under Blankfein
+2 Just for my understanding, the ABS desk that you are referring to does not do any warehouse lending at all? i.e. Associate 1 in Private Credit
+2 I did two years in LMM PE and was promoted to Senior Associate. The fund was not performing well so I moved to Corp Dev at a big tech company. Based on your experience, how likely would it be for me to pivot back into PE? IB-Monkey1
+2 did they also want u to complete it by tmr Prospect in S&T - Other
+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 No computer on your desk. Just a phone, 1-3 deal toys, and a Louisville slugger beside your seat Abusement Park
+2 Three quick questions -  Intern in IB - Gen
+2 For hedge funds, pay is based on performance, not prestige. You might want to consider PE. Hope this helps.  youshallnotpass
+2 Will provide my 2 cents on this. Have been using it fairly consistently on workbooks along with Claude in Powerpoint.  surfsup34
+2 Semi-related but I always thought the DB logo was really fucking stupid. Associate 3 in IB - Cov
+2 Non target undergrad will be the first hurdle. Very elitist. Most juniors in Singapore work straight after bachelors, masters aren't really needed. Analyst 1 in IB - Gen
+2 PJT RSSG, Goldman TMT, Qatalyst l, Evercore M&A shamoneh
+2 Extell, trinity, KSL, ohana, Noble, MCR, certares, TDR, Henderson Park Alt F Z E Tab Space
+2 Op here honestly that’s where I’m at now and other than healthcare seems most rough. Not sure exactly why. Everyone seems in a lot of the same names and way too much alt-data mind games. Investment Analyst in HF - EquityHedge
+2 Unfortunately been hearing this from a lot of people in your position. You are doing the right thing, just need to cast a wide net and eventually something will land. Dev_WanaBe
+2 If it’s a minor don’t think it’s going to help that much in terms of resume value. A kid with two good networking calls will erase whatever value that minor adds. If anything, I would minor in cs for the skills. Intern in S&T - Other
+2 Really can’t pinpoint, but would do 400, know LBOs well, be ready for a paper LBO also. Analyst 2 in IB - Cov
+2 Think as long as you are in the industry and a Tier 1 country, have good dealflow and experience, shouldn’t be too difficult. stayfrosty1337
+2 Why is WSO deciding what we can see doe  Analyst 2 in IB - Gen
+2 Have been working at the top shop for Secondary Advisory for about 1.5 years now, and I can attest that 90% of this post is 100% accurate. Analyst 1 in IB - Cov
+2 In your position, most likely you can think about 5-10% of attributable PNL, drawdown limits probably wider range and decided by your PM2-3 years. But I can see that this varies from person to person. Investment Analyst in HF - Other
+2 People generally see UCL and Warwick as low target, not top semi, with UCL > Warwick  professional.form.filler
+2  AFAIK, Durham's considered one of the better semi-targets and is solid for recruiting. I'd actually heavily considered going there and spent some time reading up about it. Prospect in IB - Restr
+2 RSM IBA student who just graduated. Yeah it’s difficult to find internships in the Netherlands if you don’t speak Dutch. Prioritise applying to internships in your home country, building up your CV. as30
+2 Thanks for the response to both, super helpful. I think I have an answer to the questions above broaldy speaking. Analyst 1 in IB - Gen
+2 I'm also a Canadian citizen studying STEM at Oxford, got offers from all of the Canadian universities. Think about it this way:  Prospect in S&T - Other
+2 The best fund is whatever fund gives you an offer. Associate 1 in PE - LBOs
+2 Not many funds at NYC/SF that pay less than 300k at ~5bn fund size, the only exceptions I know of are HIG and AKKR. Even most of the non-NYC ones pay 300k. Associate 1 in PE - LBOs
+2 Me and the boys chopping it up at Evercore Calgary Analyst 1 in IB - Cov
+2 Congrats on $25 an hour bro rolo25
+2 adding on they have a separate fintech research team that produces those, they are paid less as well i think Analyst 2 in IB-M&A
+2 Its really annoying this whole thread is gone now dude. Analyst 1 in PE - LBOs
+2 what does your baseball card stat sheet say about you and what you need to improve on (i forget what they call it) ? Are you below 50% ranking in your class as an IA? stateschool_FIRV
+2 As a lifelong auto fanatic, I can give you a few good names that you might not have thought of: Moritz Mickelweiß
+2 Stop with this bullshit fluff nonsense about what will happen.  AI has been around for five years.  What has it done? Ozymandia
+2 Thanks for the color! Helpful. Appreiciate you not being condescending to my painfully obvious question!! Analyst 1 in IB - Cov
+2 I was also a college athlete who had to be up early. I get what you're saying, but that's just not how IB works. TechBanking
+2 Gets harder with every zero VP in PE - LBOs
+2 Because they are getting eaten alive by the labs. Why would you pay for Rogo wrapper when Claude can do everything they can. they have a fancy demo but the actual product is trash. Associate 2 in PE - LBOs
+2 I am in a MM fund with a more value turnaround angle rather than a growth strategy (e.g. we were never paying 20x EBITDA on SW) . Associate 1 in PE - LBOs
+2 TA's covid vintage is completely sizzled (though great track beforehand) with heavy software exposure - they will rebound after a flat/down round, Insight close to halved fund size and performance was shit for several fund Associate 2 in PE - LBOs
+2 I almost feel bad that I'm posting this on another one of your threads. Determined
+2 Been using Claude heavily in live deal work for the past few months. The biggest shift isn't replacing people — it's compressing timelines. Alpha Stack
+2 There seems to be more IU alum in banking than MBB consulting, at least as of this 2020 data from Peak Frameworks: Summer Associate in Consulting
+2 Working at UBS, I thought the worst that could happen is your bonus gets fucked… nontargetmarket
+2 Thank you again for taking the time. Associate 3 in IB - Cov