+2 There’s an old phrase “no brown in town”  I think people used to say that for a different reason... Intern in IB - Gen
+2 I’m at one of the large T1 LOs and my shop has actively added RAs.. Investment Analyst in HF - Event
+2 worth calling out that you're on the real estate state, which (no hate, but) has different dynamics than on the corporate equity side. Associate 3 in PE - Growth
+2 Simple everyday outfit to get started. Not too dressy or casual. Can expand this over time. Analyst 1 in IB - Gen
+2 low tier rage bait, enjoy canada you tard Intern in IB - Gen
+2 Wondering how M&T and Tech actually compare from an anonymous perspective. Analyst 1 in IB - Gen
+2 PalmTreePE Associate 1 in IB - Cov
+2 Lorna has been sent on leave by JPM  Analyst 1 in IB - Gen
+2 Hasn't this been asked.... 1,000,000x on WSO previously? Is your search bar broken buddy? VP in PE - LBOs
+2 Agree with the principal of independence and entrepreneurship but this massive AI jerk off is just old and I think ignores the fact that many great businesses continue to be built that have nothing to do with AI swe2ibd
+2 UBS jaolino
+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 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 Not certain myself but both processes are 10x more competitive than SA recruiting. youngbuffet
+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 I can’t be the only person who is genuinely tired of having Israel shoved down his throat at every turn. Istg American politicians could be discussing anything, and somehow they’ll turn it into Israel simping fuckfest. femboyvipermain
+2 UBS leadership wants juniors to go hungry to feed  non-revenue generating MDs guaranteed bonuses.     Associate 1 in IB - Cov
+2 Non compete + silos make it hard to jump to a PM role from this directly, but possible with a transition. I’ve hired this kind of profile multiple times before and typically a pain to get out and requires some ramp. PM in HF - Other
+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 The M&A group is one group (m&a product) not sure on your first question On the rest it’s £70k base, for A1 expect 50% or so bonus if you’re lucky £25 deliveroo / uber whatever needed  Associate 1 in PE - LBOs
+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 theres a lot of bootlickers on this thread that remind me of boxer from animal farm. fact is she got a medical exemption that was approved by HR that was reneged. Prospect in IB-M&A
+2 BMO Energy  Analyst 1 in IB-M&A
+2 reach out to Murray hill guy he can show you a good time Analyst 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 Yes, a POS provider can be a buyout target. The value comes from real time kitchen status and order timing. Delivery platforms want that data so they can route drivers correctly and avoid refunds. khan.mmua
+2 You value each position using the most recent share price from the latest financing round. Your fund keeps the number of shares it already owns. So you take: khan.mmua
+2 It's doable, but you'll have to be a lot more active than relying on headhunters. MMPM
+2 khan.mmua Ferris Bueller
+2 I joined one of those platforms and sit within the more public markets focused sub-team. All first year principals (late 20s/early 30s) are +/- $1mm total comp with a fairly narrow band. Principal in HF - Event
+2 You can take it face-value or bring your own prejudices and projections. Honestly, merely a data point for me but I do have to empathize with every data point to some degree and treat them without a bias of the mind. pbandjpartners
+2 Why people work at all, why not stay home all day alloo2
+2 It's the MD LockedIn Bezos
+2 T20 btw Intern in IB - Cov
+2 You’re also interviewing them… imagine working for that guy. mediumrare
+2 11/12 were nepo or DEI lol a big shot at GS and her kids friends have been 80% of offers over the past few years. Intern in IB - Gen
+2 Even bonus as a percentage of the base salary ($175k over $225k)? My worry is going to a lower tier MM at $225k, but my potential bonus gets shafted (let’s say 50% of base). Associate 3 in IB - Cov
+2 Look at Brett Caughran, FundamentEdge’s library of X posts. There’s a lot of useful content relating to idea generation, modeling, and recruiting MagicMan21
+2 Hey man can’t speak to comp, but had to make a similar choice recently - come in as an associate at a similar lvl MM as you listed vs senior analyst at a better platform MM as you also listed. Manager in CorpDev
+2 Ok that explains it. I'm not a PE expert so I'll let others chime in. But, from what I've seen, the type model required in PE recruiting is almost its own skillset  Recruiter in CorpStrat
+2 All-in associate comp is low $200s, VP comp is low to mid $300s. It's still banking at the end of the day, but you can leave the office before 6pm and finish work from home. Analyst 2 in IB - Cov
+2 They aren’t sending their best! VP in PE - LBOs
+2 Showing ur age with this troll Isaiah! Haha, very funny, whens that from like 2006-7 ? RestIess
+2 TheApprenticeShowing ur age with this troll Isaiah! Haha, very funny, whens that from like 2006-7 ? Isaiah_53_5 💎🙌💎🙌💎
+2 409a is an independent valuation done once a year or after major events for private companies that issue stock based compensation. local_finance_bro
+2 apprehensiongadzooks: TheDon_123
+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 No qualifications necessary to be a motivational speaker RestIess
+2 Would also like to know. Especially the differences between HEC and LBS. How is recruiting going for current students and what kinds of profiles get traction (are 1/2 boutique/MM internships enough?) Prospect in IB-M&A
+2 Edit: I don't think it's worth starting from 0 anything in fnance, it's saturated. GS under Blankfein
+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 It’s absolute shite and if you don’t know someone your resume is going in the trash unless you have a very impressive resume. Associate 1 in RE - Comm
+2 I usually ask if they know about Epictetus’ stolen lamp babaganoosh342
+2 Obligatory have never worked at Lincoln but have been on the buy-side for one or two of their processes. Chicago Industrials team runs a legit process.  Associate 3 in CorpDev
+2 Thank you a lot for your responses. I really appreciate them. Bocconi Guy
+2 Sleight of hand for fundraising… very good. Swine-Linked-Notes
+2 war dogYou only get a ‘congrats on’ when you try to slot your bank / role in an undeserved rank Nobody Man
+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 Anonymous Monkey: User39978754
+2 Timeline varies by firm, but they all have general guidelines (i.e. VP in Consulting
+2 Associate 3 in IB - Cov high hopes
+2 PEarbitrageDo you have any idea what the Presidents primary role is?  Ozymandia
+2 I know the brand is good, it’s helped me. What I’m saying is the recruiting pipeline is centered on student athletes and everyone else gets the scraps regardless of how good they are for the most part. Intern in IB - Gen
+2 No welcome to bofa. Enjoy life -> take no responsibility -> realized fucked things up -> avoidance -> things get more fucked up is exactly how we run ERGC or EGRC. Prospect in IB - Cov
+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 There are really two separate questions here that people are mixing together: jahrgang92
+2 I think the answer depends less on “independent sponsor vs. traditional PE” and more on whether the principals have actually built repeatable deal flow and investor trust before. jahrgang92
+2 If you are an Asian girl, you realistically only have a chance if you go to Ivy-level target. The only exception to getting in from non-target is when you are Black. Analyst 1 in IB - Cov
+2 teddythebearWhats funnier is the WSO AI Bot responding to the AI post... Dead internet theory alive and well in commercial real estate  CRE
+2 Yeah this was spot on, nailed it! Waiting to hear back now senna24
+2 bruh ur not gonna be asked restructuring questions in any m&a, generalist, or coverage interview 😭 Analyst 1 in IB - Cov
+2 Would take GS/MS IBD. Return offer rates for credit at both BX and KKR have been consistently bad. Also more optionality with IBD.  Analyst 1 in RE - Comm
+2 Depends on what you like. JLabko
+2 Very standard, and honestly a very simple revenue model PxQ buildout. 20buscar
+2 I got accepted to both McIntire and Cornell’s biz program as a transfer student and took McIntire. I couldn’t have been happier with that decision. Partner in RE - Comm
+2 as an IB analyst, gotta say that the Indian offshore team for presentations, back office, IT are all god awful and completely useless.   Analyst 2 in IB - Cov
+2 UNC had 16 people place in JPM this cycle Intern in IB-M&A
+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 Take it as a life lesson if anything Analyst 2 in IB - Cov
+2 I would never invest in any fund that's open to the general public. There's little chance you get real information on the underlying asset values... PE-biz-dev
+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 Somebody unplug this M4 Mac Mini with 16GB of RAM VP in PE - LBOs
+2 None…look at the basket of KKR / BX / ARES / APO (I leave Carlyle out because they’ve been struggling for a long time and that was known even with cursory outside in diligence) over the past 5 years, and compare that again wso_registration_yvVPp52m4u
+2 You kids are so lacking in imagination. 20 years ago some kid late 20s made 9 figures P&L on DNDN which skyrocketed on FDA approval. C was less than 10% of the AUM then. I can think of a dozen other examples. Partner in PE - LBOs
+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 Congrats btw. I’d honestly say that if you’re confident you can successfully recruit for FT M&A/Coverage positions then take the EB ECM. CuriousGeorge1024
+2 just wrapped up SA for GE but for another firm so I can provide what I did to help: Analyst 1 in PE - Growth
+2 There is a very broad spectrum of independent sponsor shops ranging from those that are very legit with a handful of deals completed and perhaps some solid exits who just really like the deal-by-deal fundraising to max eco VP in PE - LBOs
+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 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 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 Whose tone? Your own tone? Have you googled the word echo chamber before? Associate 1 in PE - Growth
+2 One thing to keep in mind that WSO users seem to forget is the world is not all Wall Street type of jobs. Looking at these rankings through the lens of a finance career is shortsighted. 23mich
+2 I lived in both Jersey and North Carolina so I can give some color. Intern in IB-M&A
+2 First of all don’t lose that money. In a market like this it’s easy to make that kind of money but it’s easier to lose it. pbandjpartners
+2 . Analyst 2 in PE - Other
+2 How good are you at prompt engineering? Determined
+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