+2 I’m glad you replied - thank you very much  swe2ibd
+2 What guarantee is there that this VP will always be there? You can't latch onto him forever. Spread your wings butterfly and try new things. SonicBoom12
+2 Somewhat similar boat and level of experience. Only things keeping me around are (i) generally chill hours + culture and (ii) carry is starting to payout (though much much lower than the DAW figures i had in mind). Associate 3 in PE - LBOs
+2 Luckily I work for a French Bank. Since this only applies to bonuses from 100k onwards I am not confronted with vesting periods, even in exceptional years. Don’t think my VPs are either. Analyst 3+ in IB-M&A
+2 Industrials is good. Long hours, good exits, good deal flow. Just don't pick it if you are mediocre, because you won't convert Analyst 1 in IB - Cov
+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 I don't care much for literature nor art.  QuiltEmerson
+2 Well yeah. Objectively speaking, it's a shit job. It's also a great job. You have probably the most extreme hours, some of the most extreme stress, and some of the most draining work out there. usernameladiesman217
+2 Isaiah_53_5 💎🙌💎🙌💎Steak. No sides. Just steak. Whatever1984
+2 As someone that's been capital raising for what feels like forever now, $1bn of fresh equity on fund 6 is prob a good place to be yes, especially if you're getting carry in that specific fund.  brosephstalin
+2 Thanks for your reply. Polon
+2 Desk: Fixed Income tradingLevel: New gradBase+Bonus: Sign-on £6k, starting salary £65k, expected all-in first year ~£90kYears of experience: 0 (starting July 2026)Firm: European Bulge Bracket Analyst 1 in S&T - FI
+2 Something i did to reduce mouse usage was taking the first 3 weeks to look up shortcuts for everything i use my mouse for and force myself to use keyboard instead. dnskndke
+2 That's about when I started reading as a very forgettable troll working in accounting and thinking about switching over to finance (I might have left by the time you started posting). Scott Irish
+2 I would. But I'm super bullish on the BTC. brianplord
+2 I see what you're getting at but it's case by case in Asia.  Managing Director in IB-M&A
+2 specifically in m&a, believe MOE has the strongest presence in HK among EBs. EVR has zero deal flow in asia ex japan and HL/PJT are rx focused. pjt has a really strong secondaries track record too  Analyst 1 in IB-M&A
+2 Just flip to the opposite side of all your positions.  thisisanexampleofausername
+2 WF and it ain’t close Intern in IB - Gen
+2 - xxx1
+2 At this stage, the part of the process you have the most control over is your conversation with the recruiter. Without misrepresenting anything, emphasize the finance components of your coursework and experience. wallherder
+2   Didn’t realize we had a DB brand ambassador in here disliking all the DB comments lmao      honeychocolate1037
+2 back office cucumbers189
+2 I think it varies from school to school, but it was very important in my school. Analyst 2 in IB-M&A
+2 I agree with you. I did like 2 IB internships, one PE and one VC. Went to a semi target school NYU CAS. Had like a 3.8 GPA. The only thing I lacked was access to a club at NYU. mahamasim
+2 Ignore title, left PE to do M&A and corp dev at PE-backed roll up in human capital industry.  VP in PE - LBOs
+2 Have good ideas, and understand how markets work -> i.e big picture try to get a feel for flows, positioning and how these move week to week during your internship. What type of sector rotations are we seeing, why? Analyst 1 in HF - EquityHedge
+2  That truly helps man. Truly appreciate your help and insights. Going through it right now and love the people, just a little unique of a process. Are your friends in SF or NYC? TeflonDon
+2 I'll add (I have about a year of experience in a student fund managing ~$10mm of fixed income) that you can take so many different bets, and if you're investing against an index, you don't necessarily need to hedge. big_dawg
+2 Agreed. I’ve known and seen multiple people who’ve moved there thinking it’s a great long term opportunity but end up getting crushed under the culture or it’s not a fit for them. Associate 1 in IB - CB
+2 For real, kids these days dramatically overestimate their own importance. OP, I promise you these people couldn't give two sh*ts about your existence.  Analyst 2 in IB - Gen
+2 Why do we allow college kids to set their profile to “HF PM”? This guy is a clown, look at his post history. Analyst 3+ in HF - EquityHedge
+2 From my recollection, it’s mainly two-fold. First, park-owned homes tend to be lower-quality assets with limited residual value. I think we generally assumed $10k or less of value per POH. wallherder
+2 Not tax/investment advice. “High 8 low 9” figure NW is not going to give you the scale / human capital needed to be successful in an overseas (to you) market. monkeyanon
+2 UBS office facilities team (toilet cleaner), $400 bonus (50% cash 50% shares)  Analyst 1 in IB - Gen
+2 Yeah… I didn’t know how much he made at all since he never went to nice restaurants for dinners or shopped for luxuries, never went on vacations, and barely went out for drinks, not even on his birthday. where's my roommate
+2 Holy? In what way? CuriousGeorge1024
+2 Would echo what’s been said above Prospect in IB-M&A
+2 In theory no, but for TMT in particular I think the competition is quite high and there are enough candidates with TMT IB / PE experience that it's hard to break in from another sector in the current market. Investment Analyst in HF - Other
+2 Unless the SMHF is top notch, the correct answer is LO.  bholejoel
+2 This really isn't that crazy I've seen Dartmouth ppl have crazier events (brother went there), and we have a whole event where like all alumni come down to campus for a weekend to help upperclassmen get jobs lol. Intern in ER
+2 The bitterness stems from the fact that I applied to their SC role, one notch above new grad and was told I don't have enough "consulting" experience. BS, but whatever. FinnesseGod
+2 If you know how to reliably pick securities (or any asset for that matter) and make money over time, then there will be a job for you. Research Associate in AM - FI
+2 I mean, it’s hard to say that A&M RX is “more prestigious” than Evercore/HL/PJT RX, especially to the Harvard/Stanford/Yale graduates of world, where the hardos are grinding networking and IB/RX technicals before takin rolo25
+2 Thanks a lot for the thoughtful feedback. I really appreciate you taking the time to share that perspective. kunduka
+2 Genuine question from the sell side - how is it possible that people are purportedly underwriting to 2x, even 2.5-3x+ and 20%+, yet this is actually a comparatively rare outcome for a buyout fund nowadays? Associate 1 in IB - Gen
+2 Do not work here, much better shops in MM PE esp given how the fund has trended. They push culture a lot but they are a bit fake wsochimp2026
+2 No problem and happy to be helpful! Hmm, agreed that it's very irregular for an analyst to reach out to students. Maybe someone you are close to told them to reach out - I've rarely heard of this happening. johnb2001
+2 Call the restaurant ahead of time and put your card on file. Put on a newsboy cap immediately after they clear the table. Then tip your cap when the server says the meal's already been paid for. Dear Extent
+2 Hey hey I'm much older than you and been exactly where you at years ago. You're not alone and it all works out. Talk to your therapist, get close to loved ones / family/ friends or even people you share hobbies with. LostWhale
+2 Obvious advertisement. Prospect in IB - Gen
+2 Nothing fundamentally changes. Continue to buy VTI on discount. gufmo
+2 Personally I'd rather work 60-70hrs per week and make $500-600k (with higher upside / comp differential as you get more senior) vs. 40-50 / $300k. I don't mind the extra hours and find anything below 70 to be manageable. Associate 3 in PE - LBOs
+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 Thanks, very helpful. Associate 3 in PE - LBOs
+2 This firm is a joke, and embarrassing to Wall Street. Setting a lower standard every year. Associate 1 in IB-M&A
+2 I usually think you have interesting and valuable POV but OP is clearly in a difficult situation man. It's good to cry it out for a bit / a few days and start thinking about an exit to be safe. Associate 3 in PE - LBOs
+2 How are you gonna tell people to see league tables and then be completely wrong about it Intern in IB - Gen
+2 Got it – that all makes sense and hoping you close that deal you currently are on! Surprisingly, funding hasn't been our issue. It's mostly getting to the LOI signing stage that is. LMMPE_Associate
+2 After the January job report, yes it is (and I've seen a handful of documentaries these past few years which makes APAC's job market look far worse). Keep your job, job search aggressively. NewIndustryHorizon
+2 You’re absolutely right. kunduka
+2 If the large state school is Berkeley, Michigan, UCLA, UVA, or UNC then the second option. If it’s the next tier of state schools (UT and some of the other ones) then they’re probably the same. Prospect in PE - Other
+2 A really helpful trick my advisor taught me was to always start with 10% of a number and work from there. For example, to get 40% of 75: tari_wallstreetbound.com
+2 The fact that nobody has heard is keeping me optimistic but I am sure they have given some offers out already. My guess is they are still waiting for those yes to come back and confirm those before giving out more. 4345Tulane
+2 not at either bank but how can you say they have equivalent m&a dealflow? Analyst 1 in IB - Cov
+2 Anonymous Monkey: Analyst 1 in PE - LBOs
+2 Why? Because it doesn’t seem as glamorous? Seems like you care more about the appearance of the job than the actual job. You deserve to be fired Gusecka2
+2 Congrats first of all!  Before being too hard on yourself, consider that there is a massive difference between being a legitimately stupid person and someone who doesn't have experience yet. CharlesCheese
+2 No, I did it at a smaller firm that paid better than Big 4 (think A&M, FTI, Riveron, etc.), at least at the time. If you're getting true IB experience, you're way better off than someone in FDD. Lester Freamon
+2 no such thing as random thought. Anonymous Monkey
+2 Great comments. A big part of really juicing your VP years is setting the stage for it beforehand.  Rabbit
+2 Yes, I think for a handful of years the VP+ years could seem like where you’re getting peak leverage in your career. bananasandsimps
+2 Hi - I'm talking basically about the valuation being implied in SPA. So in some cases - the equity value is the actual cash transferred to the seller as result of the transaction instead of the EV. BigHuddz08
+2 The commenter above is right they've launched their own domain dd-federation.org ladies'man217
+2 If you have fallen to the point in the discussion where you need to point out spelling it is pretty clear you have conceded the position.  ioncewenttoschool
+2 Your post is a confusingly written. Are you hesitant about the founder's description of the responsibilities? (FYI, that is exactly what asset management is). Are you concerned about the title or not? Developer in RE - Comm
+2 I’d take Moelis bro. Congrats Analyst 1 in IB-M&A
+2 Hours aren't everything. Ownership creates stress which can hurt your health more than hours (debatably). I've not ever heard of MBB seniors hours getting worse over time... That's curious. nutmegger189
+2 Comments are spot on. careerbanker218
+2 Coming from a European background where bureaucracy and regulations are already pretty bad, I probably downplayed how complex it is in NYC. kunduka
+2 Take it from someone, who like you, placed my top 1 EB from a non-target and then was also thinking about everything you are. I’d grind the gym / health while you have time and spend the rest having fun and enjoying life. Analyst 2 in IB-M&A
+2 The pay cut is tough but the benefit of being around family is nice. I went from mortgage brokerage to a stable salary so probably lost close to 20% in average take home pay, but I’m around for my 5 month old daughter. EdMc513
+2 ioncewenttoschoolIf you have fallen to the point in the discussion where you need to point out spelling it is pretty clear you have conceded the position.  CRE
+2 Having worked in PE, you should have a good sense of what being at a portco in a finance seat is like. You will largely be at the whim of the deal team and the analyses / numbers they need, often urgently. VP in PE - LBOs
+2 That makes a lot of sense, and I really appreciate you sharing that level of insight. kunduka
+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
+2 Intern in IB - Cov
+2 Maybe you can try another finance job other than IB? I got no return at an EB product group and realized I hated IB. Incoming Analyst in VC
+2 Associate 1 in RE - Comm Ozymandia
+2 A bit jammed with my schedule, but going from RXCO & Buyside HY/ABL/DL Credit --> EB RX IBD --> Distressed PE / Crossover happens all the time.  Analyst 1 in IB - Gen
+2 I just recruited for another seat while I had that job... fortunately was on the "good" side of the PM so got more leeway and autonomy to structure my day which made fitting in interviews easier... Investment Analyst in HF - Event
+2 I am one of the November batch. NJ, IB Tech.  PipiMimi
+2 UBS still too high Analyst 2 in IB - Gen
+2 Yeah I was thinking about illiquidity premium as a haircut separate from discount rate. Principal in PE - Other
+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 Can’t lie I’m bullshitting I didn’t even get a round 1 and I go to Concordia Analyst 1 in IB-M&A
+2 Depends - did you play lacrosse, and which bank does your dad work? Intern in S&T - Equities
+2 I work for a value-add developer and investment manager, so our strategy is driven by creating value through the business plan rather than buying stabilized cash flow. Gentleman and Scholar
+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 Obviously UBS VP in IB - Cov