+2 IsItREPEbrianplord PrivateTechquity 🚀🚀🚀
+2 Lev Fin ain’t IB? You sure you are MD  Associate 2 in IB-M&A
+2 Yeah it’s one thing to think you “love grinding” but it’s another to almost die and be pushed into unsafe and dangerous situations where you could die and be chronically sleep deprived for years straight. Analyst 2 in IB - Gen
+2 Founders cut their teeth in converts and were global heads of credit @ citadel, so primarily converts and other credit strategies like cap structure arb and distressed. ms1113
+2 Founders are Harvard and Northwestern (+Booth) so their undergraduate footprint is biggest at those three schools for internships. jpmonkey554433
+2 Sure I guess, but secondaries is probably the hottest space in PE right now and the XIG secondaries team is investing out of a larger fund than the latest vintage of GS buyout… kind of weird to get upset about stolen valor Assist. VP in PE - LBOs
+2 will consider that, phineas looks fly Prospect in IB-M&A
+2 I remember hearing her as the keynote of a conference where all she did was complain about being a woman and a woman in real estate etc etc etc Literally the co head of Blackstone was complaining Rick Kane
+2 Sure, consolidation and new startups can technically happen at the same time, but that is not what we are seeing in reality. ChompCHOMPS 39819
+2 I'm calling cap. 100% certain that's what they meant and that you misunderstood.  Analyst 2 in IB - Cov
+2 tbh there is not much distinction for prestige from B tier to D tier Intern in IB-M&A
+2 that makes sense, the only thing is I don’t have a very conventional background like I said. I have no IB internships but have 2 yrs experience in retail/commercial banking and WM. misskels.tb
+2 You're not at all socially broken. Your emotions are typical.  You put too much pressure on yourself to sound impressive, which makes coffee conversations uncomfortable. dollyartasia
+2 Any advice on how to play the political game? Analyst 1 in IB - Cov
+2 RBC FIG Associate 1 in IB - Cov
+2 Yeah, agree with the above. Barings is highly reputable name and will take you farther and it is already on the buyside.  BlackBear
+2 Jesus, dude. Kudos to you but I can't imagine doing all that prior to freshman year of college, let alone prior to even graduating high school. You'll place very well once you recruit, but try and go have fun.. dicky
+2 Yeah I don't believe the inflation rate was below 2 percent in much of the last decade, either. jayflip21
+2 They’ve got there fair share of duds in the portfolio  Associate 2 in PE - LBOs
+2 Buddy go kick a ball or something Jesus Christ SIE in high school?! KageSelly
+2 Isaiah asking the important questions moneymaker03
+2 TechBankingAssociate 1 in IB - Cov Works at Citigroup
+2 I'll expand. Stuff like this is why many have such an adverse reaction to DEI. JulianRobertson
+2 James Stewart went from Private to Colonel in just 4 years during WWII. Needs must.  thisisanexampleofausername
+2 I love Miami and don't see myself in NYC forever, but West Palm might be too suburban for me. For some that might be a positive so that's purely just my opinion. Associate 2 in IB - Cov
+2 Fabricating as usual. Trump isn’t anti-immigrant, he is anti illegals. Intern in IB-M&A
+2 Surprisingly, there is a decent amount of scaled businesses ($5mm-$25mm EBITDA) that are either banked and you were very early to the process by luck to the point the potential acquirer could get a first look which they wo Associate 1 in PE - Other
+2 I lol at this. SlipperyWhenDry
+2 Sit down with your staffer and ask why you’re not getting put on deals (assuming there is deal flow). If there is real feedback, then internalize it and try to improve. Associate 1 in PE - Growth
+2 Tbh you should just use the search on MM vs SM. Not being sarcastic - it's actually one of the most discussed topics by juniors on WSO and you'll find a lot of relevant threads on this. Investment Analyst in HF - Other
+2 None of the models in banking are really that complicated. You just take consensus numbers or company provided numbers and flow them into some analysis (that should have a precedent available). Analyst 3+ in IB - Cov
+2 Many PMs make it opaque so that analysts don’t try to point to their attribution for comp purposes or for laterals, no fun as an analyst in that sort of role, but entirely commercial for the PM Anchor
+2 Seconding this. It's all about networking now before the formal in-person meeting. Groups are going to be evaluating interns way before that and you are doing a disservice if you do not network now. Analyst 1 in IB - Gen
+2 We need more information. The pods are all hiring jnrs like crazy. So much so that some pretty dumb people have ended up getting pod jobs. What type of firms / where have you applied? Analyst 3+ in IB - Cov
+2 Associate at an EB in Houston. Going to be blunt…I don’t think we’ve ever given an interview to anyone from UTD, let alone an offer. Associate 1 in IB-M&A
+2 Dude, anyone can take a photo with a public official at a campaign event. You think they scrutinize the X account of every person who shakes their hand? PrivateTechquity 🚀🚀🚀
+2 Ignore title. Have experienced both, and the only thing we would offshore to India is presentation design. DaraprimMoneyline
+2 I mean why not, good to experience new and different things Developer in RE - Comm
+2 I generally build down to FCF and will model the associated balance sheet lines to get me there. Don’t have to do a full 3 statement model. mocha456
+2 Unless he had a fee agreement in place with you before the deal closed, tell him to pound sand  BenDover187
+2 from someone who started in IB and now playing a strategic role in tech. I look to hire ex-consultants tbh - so my 2c MBB will do you good. anonymnous
+2 no such thing as random thought. Anonymous Monkey
+2 it's always been competitive (I was in college in the mid/late 2000s)... the biggest difference is that timing has become much earlier in terms of recruitment overall (from internships to FT IB to PE). sick_willy
+2 well you won't be doing IB in Poland that's for sure, attitude like that is why many have a terrible perception of EE (i'm from there myself and we need to purge ungrateful attitude towards people / countries that provide Analyst 2 in IB - Gen
+2 Where can I try your chicken? pbandjpartners
+2 why would they purposely only give 1 return each summer? if both are good they shouldn't have to compete Intern in IB-M&A
+2 Based on the most helpful WSO content, here's what you need to know: WSO Monkey Bot
+2 Agree with this. Right now every job opening is flooded with thousands of applications and recruiters are being extra judicious. Go over them and reach out to the hiring manager. Determined
+2 It’s a misconception that only good looking people get raped, some perpetrators are driven by lust, others are driven by desire for power, this applies to both men and women. miranmiran
+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 this is a pointless post lmao there is zero downside to this. RX is RX. I've seen a kid at a tier 4 shop lateral into a tier1/tier2 Rx seat after 1 year ft from a low semi target background . Intern in IB - Cov
+2 This is an easy one: do the right thing by reaching out to the former manager to ask if a prospective employer may reach out for a reference (he'll be flattered and will of course say yes). valueaddbro
+2 It lets people get away with the bare minimum without risk of being fired usernameladiesman217
+2 Definitely don’t have enough Mamdani threads.  CRE
+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 tech group heavily depends on the vertical that youre in - 4 main verticals (payments & financial technology, enterprise software, vertical software, data & analytics, electronics & disruptive technologies / ha Analyst 1 in IB - Cov
+2 None. Not even FIG davani1420
+2 UBS still too high Analyst 2 in IB - Gen
+2 Brown for sure. You'll be able to get the opportunities that you want, it's more a function of less interest in finance at Brown v. Stern (but FWIW I think Brown alumni in finance pull harder for their own as a result). Investment Analyst in HF - Other
+2 yes you can reach HF w/o IB - source: i did it. you have to love the game. research stocks. put risk on. have a thesis and talk to ppl about it.  shortseller
+2 This resonates, especially the part regarding financial firms being leaner, hiring less, and delivering more. But I'd like to offer a counterpoint and get your perspective. littlebluemonkey
+2 Lol this is actually true tho. A few of my smart friends are at CVP, PJT, PWP, and Moelis. I don’t think they would’ve chosen them over GS but there’s a certainly an argument over the other BB’s. Analyst 1 in IB-M&A
+2 Contrary to popular belief, you do not choose the HF life, the HF life chooses you Hope that helps  Monkey.D.
+2 I wish I would have learned more bricks and sticks if anything. But I’m sure the shoe would be on the other foot if I was a quasi construction guy. jarstar1
+2 If you make a transition to product (finance), make sure you actually care about the product or you will get fucking bored. It's pretty much investor relations with some critical business responsibilities. Greenspan's Panties
+2 You should never talk to her again and find a better source VP in PE - LBOs
+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 Thank you. Notice how the only people talking up WF are the Analysts and Associates who work there and the JL12, who likely hired them for a sell side carve out. Deal Team Six
+2 Certainty equivalent analysis works of course (also same fundamental principles as the rest), though in our case there is little embedded "operational" optionality value in the cash flow (not like a drug going through tria Associate 2 in PE - LBOs
+2 What kind of question is this? That logic extends to VPs and Ds too then. I am a D and I don't open any of the threads with the title of prestige rankings, deciding offers, etc. Associate 3 in IB - Gen
+2 Strange, your CV is 10/10. I am based in the US though and only studied in Europe for 1 year, so I might be missing some nuances here. Analyst 1 in IB - DCM
+2 Get high quality training first and teach yourself to grind, lots of things you can go into from banking, not the same from pe. Unless u are extremely passionate about pe investing then I would choose Bb banking. Analyst 1 in IB - Gen
+2 Ignore title but did analyst years in FIG. Many threads on this so I encourage you to read them all. Analyst 1 in IB - Cov
+2 Yes. A month is a very short amount of time.  CRE
+2 Every single war in Israel's history has literally always been them being attacked by the Arab Muslim nations first. Matchabee
+2 Nerds these days are prepping for banking in high school, this industry being full of incels is the least surprising thing ever Abusement Park
+2 What would I do if I were you? I would buy NNN health care properties and generate a recurring cash flow base (with the minimum number of employees needed).  The tenants take care of the properties. odog @digitalimmortality.com
+2 idk why someone would create a new account just to ask this q but here it goes.  The answer IMHO, is probably kinda the same for everyone who goes entrepreneurial pbandjpartners
+2 People who use the expert networks tend to view the people who work there as kind of annoying and not very bright. This is all anecdotal of course but these people are really just sales and customer service. Investment Analyst in PE - Growth
+2 Fr it's not that deep and bro is acting like Plato over here with his deep thoughts from having done a stock pitch. SYBAU Analyst 1 in PE - Other
+2 No, Cornell and Georgetown are not Wharton, where the undergrad business program has an advantage over the non-business programs at Penn.  Analyst 1 in IB - Gen
+2 Wouldn't be surprised if in  a couple years sophmores in HS start networking on LinkedIn. Prospect in IB - Gen
+2 Don’t think either work product or social integration will be much of an issue. Prospect in IB - Gen
+2 not only did he call his wife a fish head, he talked about her small breasts he's getting triple fucked. countersuit from her, lifetime finance ban, and an angry wife thebrofessor
+2 Swede here, how tf are you able to talk to Danes? Associate 2 in PE - Growth
+2 Like, writing didn’t make people less smart just because we stopped memorizing everything. Ozymandia
+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 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 As a freshman at UMich, I would say take this time now that you have gotten into a great school to start prep-ing for all of the Finance clubs (At Michigan there are a tremendous amount). Noahm
+2 . SinsirseleyYours
+2 Agree with others, with some additions. BofA is generally stronger in credit and equities across APAC, with growing presence in commodities and solid G3 rates coverage. DerivativesRiskEducation
+2 Adding onto the above, I really wish Dartmouth College would loosen ties with the cult that is Bridgewater Associates. Analyst 1 in IB - Gen
+2 I’m in a corporate IRO role and interact with HF AM and LO, and top long only is one of the most desirable seats because of that structural decline. premia
+2 CRE mdwsteq
+2 ECM and DCM are obviously investment banking Prospect in IB - Gen
+2 JP ac already out, my friend did it tdy AYJulie
+2 I still think the only reason someone should do IB is for long term career opportunities outside the industry. No normal person should be looking to make a career in IB. crazylifechoices
+2 first rule of fundraising. take a 90% haircut to your initial estimate, so that $100m is more likely to be $10m. People who worked at TCI and started their own fund, had only $10m to start with. nope1789account
+2 US small and international developed will both be the better areas going forward hedgehog9
+2 I've spoken to these guys a few times, NMHC etc. They seem to be doing alright but there is definitely a revolving door there and seems like promotions are just non existent. Associate 3 in RE - Comm