+2 This resonates 100%, thanks OP and commenters for sharing your thoughts.  highlow123
+2 Well since the mods keep deleting my posts I’ll re-ad. Would give you same advice I gave a couple friends who had offers - avoid.  Jon-Jo
+2 Misleading post. Their platform has no time tracker so it's pay per task, rather than pay per hour. Associate 1 in IB - Gen
+2 I agree with retail HC2
+2 Shrewd observations, and I agree wholeheartedly. Analyst 1 in PE - Other
+2 Why did I go into PE? FML Principal in PE - LBOs
+2 I still think if you’re going career at MS it needs to be equity vol/IG. IG is just an unreal seat there, endless new issue so you have everyone clamoring to trade flow with you. VP in S&T - FI
+2 Can you combine #1-2? You don't need to treat the family business as a lifestyle business. Run it with an eye towards really scaling - even if the focus is more organic. The Real Donnie Azoff
+2 People will have their takes but PGIM acquisitions will give you more options. I think PGIM AM vs Eastdil is more equal in my mind but honestly PGIM still edges out a bit. Eastdil is in decline among brokerages imo. 8.43 13.5
+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 there's just too much visibility into what finance (specifically IB) is via the 1,000 "day-in-the-life" videos and the amount of meme material going around on social media that cheapens it. Works at Morgan Stanley
+2 They aren’t empty, but no one regrets that they didn’t contribute more shareholder value on their deathbed.  IsItREPE
+2 Ya know, Quasimodo predicted all this... chrismoltisanti
+2 they suck, AVOID Incoming Analyst in IB - Cov
+2 disagree with the premise but always like to see original content on this website anonf0fty
+2 idk probs a bit  alexcokke
+2 You'll come to find that settled case law on most issues, even when SCOTUS gets involved, usually takes a decade or more before it stops seeing challenges and uniformly effects institutional behavior. PrivateTechquity 🚀🚀🚀
+2 I'm honestly reminded of this video ever time: FinnesseGod
+2 If you're doing shipping at a liner, do freight trading if you can. newtown_creek_superfund
+2 no college kid is cracked MattsMatt12
+2 Ok what's your point? Should we all go on strike? Burn down buildings? Like who are you even laughing at VP in IB - Gen
+2 To the casual bystander it looks a lot like gay sex.  IsItREPE
+2 Personally I think retail is undervalued. The future will quickly transform these assets and I don’t believe they are priced accurately, especially malls and power centers. 8.43 13.5
+2 Ares Analyst 1 in PE - LBOs
+2 Hey man good job for being proactive. I’m not an expert but some help I can give you (at least from the prep aspect idk much about international students and how to move to the US/London). The Grim Reaper
+2 Generally the same picture except you’re dealing with European fund waterfalls which means carry is even more delayed. Associate 2 in PE - LBOs
+2 You can try asking for like 10k more, but they may tell you to kick rocks. Especially if you have a personal reason for wanting to be in that city and they know there's not many funds there. Associate 3 in IB-M&A
+2 If your concern is "we need to be able to spend enough on AI as a part of our process to keep generating alpha", I wouldn't imagine that's a meaningful hurdle at any scaled fund. PM in HF - Macro
+2 MFE at Rotman/UofT and the McGill programs are only ones that reliably places due to built in internship / time off to do one. maplebanker
+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 Fair enough. What an idiot. Analyst 1 in IB - PubFin
+2 Unfortunately, my friend, you didn’t get it Prospect in IB - Cov
+2 Get an internship bud. No one cares if you do a resit, just don't score bad lol. Target LSE, Oxbridge, LBS, Imperial, HEC, Bocconi, Escp, St gallen.  And lose virginity, most importantly.  Associate 2 in IB-M&A
+2 ctrl c then in email shift f10 paste as image Analyst 1 in IB - Gen
+2 You’ll make it, I know you can. At the end of the day it’s just a job - we earn pieces of paper that we don’t have to kill each other for food. Intern in IB - Cov
+2 It’s a pure risk–reward decision, and it depends on how far apart your tiers actually are. You need a short, honest tier list. For me, there were 3 firms I would take without hesitation. Associate 1 in PE - LBOs
+2 I couldn't agree more - this speech should be mandatory to be watched in highschool and studied in university given how brilliantly it conveys the message and unearths the sheer apathy of congress within the US.  FinnesseGod
+2 Have a buddy who joined them recently. Says they don't really take the most qualified candidates and it's more connection-heavy. Interpret that how you'd like. Talking about interns.  Analyst 3+ in IB-M&A
+2 For UK: Oxford, LSE, LBS. Imo Imperial master is a tier below. Europe: HEC, ESCP, Bocconi, HSG Intern in IB - Cov
+2 hmmm I think it's generally hard to prove you're die hards into investing unless you're already writing angel checks right. Past fellows majorly coming from a GS/Vista internship also doesn't really feel like it. randomstring29381
+2 I am currently in a FIG IB seat and am looking to get to a distressed HF.   How is FIG IB viewed in distressed HF world? Incoming IB analyst222
+2 My take here is you were on the cusp of next round / dinged and the firm / HH is not communicating to you in order to preserve optionality if they don’t like the candidates they moved forward / are moving forward through p Bro beans
+2 Marry rich - by far the fastest VP in PE - LBOs
+2 happens and have been there.  Investment Analyst in HF - EquityHedge
+2 Honestly, you’re feeling this way because you’re looking for instant feedback that doesn’t exist. Gorilla Tim
+2 umich lsa clears both Associate 2 in IB-M&A
+2 Take your foot off the gas and be lower middle bucket. Very rare banks actually fire an analyst. Push back against as much work as you can and don’t focus on being liked.  Associate 1 in IB - Cov
+2 How much do you want to bet Warren Buffett hasn't ridden the subway for at least half a century? PrivateTechquity 🚀🚀🚀
+2 It was the “brilliant” idea of one of the co-heads of IB when he was the IB COO. Can’t admit failure in this job so doubling down on the strategy. Director in IB - Cov
+2 I think its due to a genuine lack of intellectual curiosity. Half of these independent school types do jobs like these because this is what they are expected to do. Lack a certain sense of grit. Analyst 1 in IB-M&A
+2 I’m probably an outlier, but I always ask HR to send me the unfiltered stack of resumes so I can look through them all. CRE Credit
+2 KarminrotRitter: Some people say JPM, BofA, Citi stopped sponsorship. IRRidescent
+2 Prospect in IB - GenIt's giving MSif so, that's definitely a bit weird Intern in IB-M&A
+2 Healthcare is so much more than Drug X is going to be better at fighting Disease Y.  Manager in CorpFin
+2 I am literally a guy that fits into that category…I’ve heard both phrases be referenced to, I’m just ALSO advocating for woman who get shit on for literally just existing in the industry. Anonymous Monkey
+2 like im not even going to disagree with this. Because no matter how much I try to prove myself as being an intellectual individual. It will never be good enough. Anonymous Monkey
+2 Had precisely the same thoughts. I got told to think of it as like a tech job, it’s equivalent to working at Google as a software engineer with slightly higher pay and similar WLB. Works at Morgan Stanley
+2 It entirely depends on the bank. Usually, capital markets recruiting is run separately from M&A/coverage recruiting. CuriousGeorge1024
+2 Q: What kind of comp expectations came with your offer? Anonymous Monkey
+2 It’s a tough job market. Try to and something and maximize chances on the limited opportunities you get. Unfortunately, this industry is tough and churn is high. sick_willy
+2 Especially for large-cap PE, the foolish idea that you can generate alpha in mature assets is hopefully sinking. Your job is to get 2x and then pass the parcel. Analyst 2 in PE - Other
+2 As someone who actually goes to school in Venezuela: deal flow isn't completely dead but it's obviously not great. Latam'd
+2 A boss don’t get judged by the stories he tells. He gets judged by the territory he controls. When the map keeps shrinkin’, sooner or later the crew starts wonderin’ if somebody else should be wearin’ the suit Analyst 2 in IB - Gen
+2 Hahaha I totally get your reasoning. When I was a Freshman STEM major as soon as I got a connection with an alum at a famous HF I'm guilty of running down his contact list and spam adding folks - like a complete idiot. PrivateTechquity 🚀🚀🚀
+2 Associate 2 in IB - CovMsc finance is a slightly better signal. Pure management would be the worst for your goals.  GOI983
+2 Hi, reddemon
+2 This is moronic, does the guy have an inkling of common sense? The only people who know my comp are my wife and my parents. And I've only told them in private What a clown therealgekko
+2 JPM VP1 Base 285 Bonus 282.5 All-in 567.5 Anon1269
+2 Hispanics are DEI, asians & whites aren't (asians/indians/arabs)  Intern in IB - Cov
+2 Kind of. I did 2.5 years IBD in CS before going to a European MF (CVC/EQT). Hated the team and boss so I left. LeveragedChurnout
+2 Associate 3 in RE - CommThere are legitimate mark to market leasing office plays in strong markets. Rick Kane
+2 Can say Truist has been punching above their weight class, but typically the Japanese and French banks are the best in the space. Analyst 1 in IB - Gen
+2 Fuck no Intern in IB - Cov
+2 Target for Left Lane associates who do OCR with the crackheads at Yonge Dundas (don’t cancel me) Intern in S&T - FI
+2 Imagine trying to be an optimist while living in Toronto Associate 1 in CorpFin
+2 Enjoy your last bits of school life. Start with cohort you will be fine. Have fun and have great stories then work hard when you start. You will be fine.  WSOJuniorMonkey
+2 AS1 Baird Coverage Base: $200 Bonus: $160 TC: $360 TB  IlliquidCapInjection
+2 It should be about merit and no quotas. This whole argument about URM is flimsy. Who is over represented: white men and women  Who is under represented: PoC and LGBTQ Analyst 2 in IB - Cov
+2 Well… you’re thinking about the decision the “wrong way”. You’re basically an operator as a chief of staff. pbandjpartners
+2 We have more slots for interviews than we did for coffee chats, and there's always cases of people not wanting to interview because they got an offer already or are in other process. Associate 1 in PE - LBOs
+2 Multiple indirect contacts telling me the same thing when I ask them about Citi regl. Turnover is very high and I've heard terrible feedback about some specific MDs (won't make names).  Analyst 2 in RE - Other
+2 If someone is doing on-cycle prep starting now they probably shouldn't go for SaaS only firms or FIG only ones unless they are in those sectors. Just not an efficient usage of time relatively. Associate 1 in PE - LBOs
+2 I took some more time to digest. For me, it comes down to this: if you manage your time well in IB, you can begin to carve out some semblance of WLB with seniority. marlin_pardon2
+2 Bnp 29/77 Prospect in S&T - Equities
+2 First Alaskan Capital Partners and Kansas Capital Holdings are probably the main two mega funds to have on your radar. VP in PE - LBOs
+2 The market is beyond awful for cre in nyc Prospect in RE - Comm
+2 LMAO  idk why you got MS mtnmaster1
+2 If you need to ask, it wasnt a good chat. Analyst 1 in IB - Gen
+2 It’s been awhile, but from what I recall the limits were open to all. I think in Macau the r high limit rooms are like super high, like 10k a hand for black jack. Smoke Frog
+2 "Source: I'm a VP" Also OP: Intern in PE - LBOs
+2 This sounds a bit abnormal to me, even for commercial banking. Is this a large bank? Most banks I work with (though not all) are actually quite knowledgeable and go much deeper into analysis. PuppyBackedSecurities
+2 Thanks so much for taking the time to share such thoughtful advice! I really appreciate you laying everything out so candidly. L_M_33
+2 False from my experience as a Brit who went to Harvard for Undergraduate and then Oxford for Postgraduate. Donkey from Shrek
+2 Associate 2 in IB - Cov GOI983
+2 Looking for refreshed views here + other question - Am at a SM and have been for 2 - 4 years after doing time in IB/PE. riverriver
+2 OpenAI added: "Addendum: Why AI Outcome Uncertainty Strengthens (Not Weakens) a Readiness-Based Framework Ferris Bueller
+2 The full first draft valuation model open for feedback (again with help from OpenAI): Proposed AI Readiness Scoring Rubric (0–100) Ferris Bueller
+2 Odd that you are doing coverge when that is your interest. I will say hybrid value, distressed and special sits are actually quite different, which one are you actually interested in? Analyst 1 in IB - Gen
+2 Damn, reason I even asked is because I had a friend at a bb who told me about their own buddies experience (hence, I am aware of which 14 list class this is) and from what was floated around -> some got passed up even w pt134
+2 One potentially important input when valuing companies on the basis of “AI readiness” is forming a view on where AI capabilities are ultimately likely to plateau. Ferris Bueller