+2 Lowest of low balls. Twinbrook only hires people out of accounting backgrounds. Standard Chicago comp should be around of 215–235k for an associate comp. Associate 1 in Private Credit
+2 Generic advice: Read financial news daily, try to form some opinion about companies and the macro. Learn coding, as much as people say it isn't needed it will open a lot of doors. usernameladiesman217
+2 bro what? what cheapass firm only let you get $100 off reimbursement for transportation? you paid for a $220 plane ticket and they said nah $100 max? name and shame brother Associate 3 in IB - Cov
+2 Thanks for the color! Helpful. Appreiciate you not being condescending to my painfully obvious question!! Analyst 1 in IB - Cov
+2 Stop with this bullshit fluff nonsense about what will happen.  AI has been around for five years.  What has it done? Ozymandia
+2 Thank you for this, I needed honesty here.  openbox00
+2 UBS will be closer to 60th than 6th place (the stated goal in the americas). Marco must be interviewing Analyst 1 in IB - Gen
+2 Because the default orientation is transactional and to view interactions as negotiations, even when it is excessive/manufactured. General worldview of zero-sum vs. positive-sum. Sharing of information? Transactional. PCSC
+2 It seems like you’re referring exclusively to investment sales brokers with the MLS comment. That could be true. I’ve done some sales but I’m predominantly leasing. BostonCREdude
+2 RBC is a joke  Director in IB - Cov
+2 Haha ya, completely unhinged. RCJ92
+2 credit research at junior levels is more intellectually satisfying than IB. Any other role where you do analysis + analytical writing could also be considered (ER or macro teams). GS under Blankfein
+2 Is SA at your fund just a third year associate or is it the post associate / post b school / VP title? Associate 3 in PE - LBOs
+2 I started twerking in Times Square and this IB MILF gave me an offer I couldn't refuse. Isaiah_53_5 💎🙌💎🙌💎
+2 I don't think I've ever looked at someone's cuffs before let alone an interns. This won't matter, interns wear way worse things. Btw it should be possible to remove the monogram  nutmegger189
+2 OP is probably William Lee from 7 years ago Dallas_Monkey
+2 Yes - agreed on VC is better than PE on moat, stand by the point that GE is just not a real thing (either late stage VC - or just some shitty buyouts rebranded). Associate 2 in PE - LBOs
+2 Epstein guys stay winning. Director in PE - LBOs
+2 Please just buy a set of CT shirts. The marginal downside from wearing this shirt exceeds the money you'd spend on the shirts. Analyst 2 in IB - Gen
+2 @The_Biotech_Banking Analyst 2 in IB - Gen
+2 Why aren't you in a position of responsibility at any finance societies in your uni? All these targets have like a billion societies to sign up to with various roles. nutmegger189
+2 From a friend there: team is almost exclusively mining-focused, comp is strong, and you’ll see a lot of complex, non-vanilla work (project finance, tax advisory, etc.). Ano monkey 123
+2 Centerview? financelover99
+2 idk, maybe go back to Spain lol cuenatepic
+2 Vandy is the best program out there and ND is a solid school with a close-knit alumni network. masterrofnone
+2 How do people view Walleye these days? Pro: AUM growth from $4-5B to $10-12B (depending on the source) in 3-4 years. Performance similar to Citadel last year (as per BBG). Investment Analyst in HF - EquityHedge
+2 How is AI disrupting the field, and do you think equity research is still a good job for new grads? Anonymous Monkey
+2 Hey, OP here. Long story short I chose to go to France at one of the top 3 Business schools. As you can tell by my title I managed to break into IB there and I still think it was the better choice for me. Intern in IB - Gen
+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 Following. Would appreciate any advice from people that navigated it last year too? Also how different is it compared to just general summer recruiting? Prospect in IB-M&A
+2 Can only chime in that the two guys I know from my Wharton/GS network both left for Millenium. One years ago and one more recently. Hags28
+2 Quit my last firm as an ASO without anything lined up. Although I took a big hit on comp, it did end up working out and was able to secure a remote role after being unemployed for months. Associate 1 in IB-M&A
+2 Yes that Sharpe is way too low. There is no chance you will ever find a job on Wall Street unless you can already generate a Sharpe of at least 99 Benson Says
+2 I'd bet this never makes it to trial, unless she's really trying to make a point (maybe she's a plant for someone who hates finance?). The insurance company will push the company to settle as it's cheaper than court. TechBanking
+2 Completely cooked. Don’t bother trying. Should have done an MBA instead of whatever useless masters program you chose. Associate 3 in IB-M&A
+2 Great answer and very similar to my own experience of “fake it ‘til you make it.” A lot of the work you do shows how hard you are willing to work and figuring things out on your own—both critical in being a top tier IB ana GoodAsGoldman
+2 If you're being serious you should recruit for a new job before you do anything. Politics are multifaceted. Associate 3 in HF - Other
+2 Instead of telling people that you're in IB/PE/HF , say that you're an amazon warehouse worker and report the results to us. I think you'll quickly recognize how much prestige the job/industry still holds.  Amazon Prime
+2 . Analyst 2 in PE - Other
+2 Scott Galloway is right about where this country is heading Anonymous Monkey
+2 "Ex-JPMorgan banker Chirayu Rana pretended his dad was dead to get bereavement leave — but he’s alive and spoke to The Post this weekend" Intern in IB - Gen
+2 All 40 people from the academy were taken to the AC.  So, if there has been an AC this week (Wednesday) I would expect more to happen maybe 1 or 2 more.  Prospect in IB - Gen
+2 I'm willing to work wherever and I'm especially  targetting the houston area, seems like a much better place with a lower cost of living compared to some of the bigger cities (NYC, London, etc...) but I thehow-2guy
+2 I think no hoes fs Analyst 1 in IB - PubFin
+2 Honestly, the "T2" label can be pretty subjective depending on who you talk to, but the consensus usually puts firms like LEK, Oliver Wyman, or even the strategy arms of the Big 4 (like Strategy&) in a different bucket mithusjc
+2 Eh, I think this totally depends on the level of wealth. Your father or rich uncle who is worth $10 million that puts in $500k or even $1 million into your fund? Deo et Patriae
+2 Lorna has been sent on leave by JPM  Analyst 1 in IB - Gen
+2 Are you at a CB/JLL/C&W? If so, talk to the capital markets teams and go from there. Or network with capital markets teams and practice financial modeling. Hang around the rim. IRR you ready to rumble
+2 This is great advice and something that I tell others. Keep in mind that if you're in a state like VA/MI/NC/TX it doesn't make sense applying to OOS public target/semi schools.  Tsd33
+2 dcm iss the easiest sell. Most likely you would need to transfer to corporate banking unless you’re at JPM which has some commercial banking groups that are more adjacent to corp/ib Analyst 1 in IB - Cov
+2 Yep, exactly. RX handles the truly distressed situations where something has to happen. Mr Incredible
+2 Not certain myself but both processes are 10x more competitive than SA recruiting. youngbuffet
+2 It’s genuinely one of the worst positions to be in as far as IB groups. The team has ZERO actual deal flow, and is endlessly pitching on stuff they have no chance of winning. Analyst 1 in IB - Gen
+2 Also they’re so cheap they don’t even provide a work laptop and they got rid of free gym in the building so you have to pay a membership fee for it now. Also no free snacks everything is paid.  Intern in IB - Gen
+2 The vast majority of H1B is low quality at WITCH adjacent out of degree mills  Analyst 2 in IB - Cov
+2 reach out to Murray hill guy he can show you a good time Analyst 1 in IB - Cov
+2 Canadians ruined the country in the last ten years  because they increased immigration at a 16% CAGR from 2016-2024.  Associate 1 in IB - Cov
+2 I’ve never worked for a special servicer but have worked with some former special servicers. I think you will see a lot of deals across a wide spectrum so you will learn a lot. Associate 3 in RE - Comm
+2 marketMergerMaddieMaybe you could have something like Doordash buying Toast tho, possible... Ferris Bueller
+2 So this happened to me. I tried to build up coverage on my own and it failed miserably. Was definitely on thin ice when I decided to lateral. Managing Director in IB-M&A
+2 Generally, unless you’re a top tier bank, GOOD associates are almost impossible to hire. Associate 1 in PE - LBOs
+2 It's doable, but you'll have to be a lot more active than relying on headhunters. MMPM
+2 Why people work at all, why not stay home all day alloo2
+2 You prefer colder climates but you're applying to schools in Texas and Florida? I went to college at one of the schools I listed. It's SO much colder than Florida. usernameladiesman217
+2 I’m at one of the large T1 LOs and my shop has actively added RAs.. Investment Analyst in HF - Event
+2 Yeah, PCA generally does refer to that, you’re right.   What I’m referring to I guess is more called like “Capital Solutions” or “Debt Advisory” Mr Incredible
+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 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 Yes my point exactly, Because if you look at the formular for FCF it subtracts CapEx (which is inclusive of both growth & maintenance CapEx) from net income. Analyst 2 in IB-M&A
+2 I feel like after you spend enough time in the industry you start to know every basin and who are the major players in that basin. Mike_wacczowski76
+2 PalmTreePE Associate 1 in IB - Cov
+2 In general I think people wildly underestimate the median and long term changes from AI. A huge chunk of the work we do (eg processing huge swaths of data) is almost perfectly designed for AI to disrupt. ShooterMcGavin11
+2 The key is to go for highly uncorrelated assets that, in a blended portfolio insulate you from various market risks.  In order of position size my portfolio is largely: Determined
+2 Appreciate the advice. As I think through logistics, is it better to notify HR first at the firm I’m reneging on, or reach out directly to the senior folks on the team I’ve been in touch with over the past year? Analyst 1 in IB - Cov
+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 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 Thanks, agree. And as I've noted elsewhere, it's not just that he's a liberal. It's that he's a hardcore socialist. NoEquityResearch
+2 Edit: I don't think it's worth starting from 0 anything in fnance, it's saturated. GS under Blankfein
+2 Rare that PC shops have analyst positions, but some do. BD isn’t really the same concept at a PC fund. BD = originations which are usually people who were senior underwriters and then wanted to start finding new business. arw444
+2 Tbh I only get this vibe only from smaller boutiques like centerview or qatalyst, not really Evercore, Moelis, PwP or such Prospect in IB-M&A
+2 BLS data shows roughly 9 out of 10 (about 90%) of net US job gains since the pre-COVID peak (February 2020) have gone to foreign-born workers. Intern in IB - Gen
+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 Honestly, this is one of the most refreshing posts to read.  Bright things ahead. ChimPU270
+2 Sleight of hand for fundraising… very good. Swine-Linked-Notes
+2 Correct, the short of it is that the consultants are usually hands on operators, meaning that their work is more intensive and real-time, requiring senior professionals on-site and deep operational involvement. Associate 3 in PE - LBOs
+2 I quit after 1.5 yrs, went to startup. Super worth, not looking back enlightenedfinancebro
+2 Who gives a fuck? Pussy galore
+2 Associate 3 in IB - Cov high hopes
+2 I'd love to see someone try pitching to China that they need more immigration because diversity is strength and they need to check their Han priviledge lmao. Associate 2 in IB - Cov
+2 PEarbitrageDo you have any idea what the Presidents primary role is?  Ozymandia
+2 It is a modern mimicry of traditional American ivy and prep style, with none of the quality, for people not fluent in such cultural influences. There is nothing luxurious about wearing fast fashion other than convenience. Associate 3 in HF - Other
+2 Ok definitely UVA Intern in IB - CB
+2 That's honestly sad, that's no way to live. Analyst 1 in PE - Other
+2 Yes, it'd be pretty competitive as I am sure you are aware. I would first dilligence the fund you have an offer at a bit further; look into where the companies debt is trading, any public articles on portcos, etc. Associate 1 in PE - LBOs
+2 Take it as a life lesson if anything Analyst 2 in IB - Cov
+2 surprised at the level of salty comments on here. just let bro be happy sick_willy
+2 Hmm that's a tough one. I'd say a lot of it is the same coming from both target and non-target schools e.g. being personable, curious, and genuine, following up, etc. Prospect in IB - Cov
+2 Very standard, and honestly a very simple revenue model PxQ buildout. 20buscar
+2 OP this is also great advice too. I'd get back in touch with your old firm and see if that might be possible.  PaulAllenIsInLondon
+2 That's a valid concern, and I'm glad you brought it up. Fair point. Nurse Rahma Dikhinmabhatt