+2 I don’t know why everyone assumes that when AI can do financial analysis accurately - that the plan is to replace the most junior headcount / be more senior heavy. Senior headcount is EXPENSIVE. liquidiot
+2 progressives love screaming about education and putting people down by calling them "uneducated" but turn around to do dumb shit like canceling gifted and talented programs and attacking standardized testing. Intern in IB - Cov
+2 Being in charge of Harvards endowment would be nice RestIess
+2 Yeah typically since it’s more institutionalized. It also depends whether you want to do more pure play m&a work vs FP&A or FDLP which I know less about. Prospect in IB - Cov
+2 etonharvardBeing in charge of Harvards endowment would be nice TheFunkyMunky
+2 If you are serious about a long term marriage relationship with her then yes. If you just want a hookup then let me remind you of an old adage - “Don’t shit where you eat” Hags28
+2 Reddit im afraid. Best not to ask too many questions on WSO... Its not fun to pull away the veil of supposed mastery and find a ******* behind it RestIess
+2 And their username is literally Pensionspal RestIess
+2 another shameless recruiterbase shill Prospect in IB-M&A
+2 I would also add that it would be valuable to reflect on why you didn’t get in to any of these clubs. The whole club thing wasn’t around when I was in school. TechBanking
+2 If you're ASTi you can target hec too aha it's super easy to get in especially if you have a "rare" nationality, interesting background story and a solid gmat.  Analyst 1 in IB-M&A
+2 choosing a career because it is more prestigious than another option seems like a terrible idea Analyst 1 in IB-M&A
+2 I advise many to not mix passion with a career or job. GS under Blankfein
+2 dude who gives a f. only beta ppl care about what other ppl think of them. just be an alpha and crush the job and whatever you do in life. equitystrat
+2 £75kk brtfedd1312
+2 TN has always been a loophole and economist title is straight up a lie. Analyst 1 in PE - Other
+2 Clearly rage bait and not taking advice from a "banker" unable to spell ladder — pls fix. Thx.  Associate 3 in PE - LBOs
+2 Things will get better 6-7 years from now. Bron will enter the 5th peak of his career. RestIess
+2 I mean it could be just really bad luck, but that is exceedingly rare. If you truly feel like you interview well, I would just keep pushing. Not everyone's paths are linear.  Analyst 1 in IB-M&A
+2 etonharvardReddit im afraid. Best not to ask too many questions on WSO... TheFunkyMunky
+2 Seriously should just enjoy your final weeks of freedom. Analyst training is like watching paint dry, you'll pick it back up quickly. Associate 3 in IB-M&A
+2 Analyst 1 in IB - GenSo for a fund like Diameter, who has grown quite a bit over the past 5 yrs, what do you think the endgame is here? Scale down? Associate 2 in PE - LBOs
+2 Antin  Overseass
+2 AND THE VIRGIN OF THE YEAR AWARD GOES TO  Analyst 1 in IB - Gen
+2 LevFin and REGLL are the best remaining groups. Consumer and Business Services was on a great upward trajectory (mostly the BusServ side) but most left to go to JPM so the team has kind of fallen apart.  Analyst 1 in IB - Gen
+2 Determined Ferris Bueller
+2 An MBA isn't really worthwhile for you, there aren't any doors you'll be opening up that you can't access from your current role. Investment Analyst in HF - Other
+2 He sounds autistic. You should help him. Analyst 1 in IB-M&A
+2 Brother, taking JPM over GS was a really dumb move, irrespective of what they did to the M&A group Analyst 2 in IB - Cov
+2 “I have fashion friends” ImagineSisyphusHappy
+2 nychimp99 Managing Director in IB-M&A
+2 Bump Prospect in IB - Cov
+2 BostonCREdude Ozymandia
+2 Those reports are garbage for the most part. MMPM
+2 bump Prospect in IB - DCM
+2 if you want to work in London, Oxbridge/LSE > Bocconi > Icade  GS under Blankfein
+2 More LPs should be thinking like this but most of them are very passive. VP in PE - LBOs
+2 There's almost no downside to asking. Count WACCula
+2 If you're being honest with yourself, you're just solving for the 5 second feeling you'll potentially get by telling someone at the bar that you're an "investment professional at KKR". Analyst 1 in PE - Growth
+2 SaaSChimp Associate 3 in IB - Gen
+2 I disagree with everyone and think you should take the JP offer, especially if they will let you intern with the ABL team. Smoke Frog
+2 This feels like it's pretty firm specific (where in the fund lifecycle you are, fundraising timeline, etc.) and if you got the promo from Principal to Partner you should probably be able to assess this. Investment Analyst in HF - Other
+2 Pay is normally benchmarked to US NYC pay acros most BBs. I think around 150k-160k SGD base salary for an An1 at the top BBs. Bonus differs a lot between the top payers (EVR / MS) and the lower payers. Analyst 1 in IB - Restr
+2 Brokers run their own practice. That in itself makes them an entrepreneur. Sure - some brokers provide corporate services like assistance with marketing - but many brokers have to pay for those services. pudding
+2 Classic boomer MD Associate 1 in PE - Other
+2 Any update on AC for IBD? Intern in IB - Gen
+2 Depressing ass thread tampawampa
+2 I like it from the perspective of OW. rolo25
+2 Focus on maximizing serendipityI left my job 3 years ago - for a slightly different reason but similar circumstances with about $200K saved up.  pbandjpartners
+2 Yes and no. I agree that US folks are preferred for hiring, but a lot of international students (good and bad) get in as well. RBOB_squarepants
+2 could you share your advice here please? I'd love to see it too. Kevin25
+2 . Analyst 1 in IB - PubFin
+2 this will NOT fly at UBS (a top BB in case you forgot) We’ve got a policy that bans SA’s from being sick as hell and cool as fuck fingereater505
+2 It's clearly among the market leaders in LevFin in Europe, but the team setups at BNP are different to BB banks. Analyst 1 in IB-M&A
+2 maroon: KageSelly
+2 Depends on the bank but a lot of banks have shifted to 2.5 - 3 years for ANL and at least 3 years for ASO. There's a chance you won't be a VP by the time 6 years roll around. Would haircut expected comp. MMM6969
+2 all random stuff Works at Bank of America Merrill Lynch
+2 (1) "if OP goes to a T14 with good BL placement (ie. Cornell, NW, any of the T6 etc), then it’s basically guaranteed for him to get BL..." jl12
+2 Anonymous Monkey: Have you thought about jumping to the credit side of the house?  No I don’t believe in PC DaveRamseyBurner
+2 Your gelato stand example is (in my opinion) not a moat - it’s a competitive advantage. The moat is how you defend your competitive advantage. wacc it from the back
+2 As an Associate, I think it is harder to give comments then you realize. Its absolutely a skill at the end of the day that needs to be trained. Associate 1 in IB-M&A
+2 My guess is his perspective is skewed because in NY privately built housing isn't really privately built, it's so tightly controlled in how, where, and what they can build it ends up lookin a lot like public housing in ter Multif@mily4Life
+2 sounds like you a problem plskystks
+2 I mean, if the AI makes too many errors, people will stop using it, right?? Results matter more than surface-level "excitement", and companies are definitely paying attention to this. ojapar20
+2 I’m not a fan of the pod programs besides Citadel. Even then, they’re better options than going to an SM out of undergrad. Analyst 3+ in HF - EquityHedge
+2 Paid for by whom? I don't understand the confusion around this. A coffee shop carries commercial insurance. A trucking company carries commercial insurance. GoingGoingCaught
+2 We are cooked my boy, move on Prospect in IB-M&A
+2 It’s been overall good, has treated me well. Except I’ve had a bit of mixed feelings on it. Associate 1 in IB - CB
+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 Being located in the South won't hurt you. 1-2 years at a T2 doing work in that space (DD / strategy) will likely open doors at IB / PE / VC firm in Nashville. Business School in CorpStrat
+2 Master the 1 tab lbo and know your excel shortcuts. Apart from that you’ll learn the rest on the job. A lot of the modeling in PE is revenue / cost builds that feed into a template LBO. Associate 3 in PE - LBOs
+2 It did. The period of the highest uplift in middle class expansion was due to private developers building homes.  But keep telling me you have zero understanding of how housing finance and policy works.   PEarbitrage
+2 These guys are super old school (maybe thinking about the flagship folks only).  Tend to suck the air out of a room. VP in PE - LBOs
+2 Amazing, thanks for the thorough response. Very happy for you! hedgehog9
+2 Recession indicator Prospect in IB-M&A
+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 Dr. Rahma Dikhinmahas Ozymandia
+2 Please keep in my job switch experience was a year ago, so I think the market was a touch better than it appears today. chrisd161078
+2 Find a friend who also wants to break in to keep you honest about your prep and have a time or two every week you dedicate to this.  Bslice
+2 Simply put, because PE is a pyramid structure. kuf135
+2 EB Rx ain’t nepo nor dei lol , holycope CV5063
+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 UBS will have to overpay to acquire anything decent. And then give guaranteed comp to retain people. Basically making the same mistake again. Best solution is to shut down GB in the Americas tbh. Analyst 1 in IB - Gen
+2 Value investing is outdated in the sense that it’s so popular an approach that it no longer provides the edge that early VI’s had when they began with the strategy. GoodAsGoldman
+2 Pretty shocked at how ahead so many people are....could've definitely saved more earlier on in my career, but valued enjoying life with travel/expenses/dates. consumereverything7
+2 This might be redundant as I couldn't make myself read through all these comments... but isn't the answer both? wallherder
+2 I’d be really surprised if the entire bar scene was as bad as you’re saying it is. Bud Fox 22
+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 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 You'd like consulting more. I interned in MBB but had BB offers/many close friends at BBs. Analyst 1 in PE - LBOs
+2 Irehdna Ozymandia
+2 The simplest answer is banks are heavily regulated which leads to higher underwriting standards, tighter covenants, and less flexibility. Associate 3 in PE - LBOs
+2 Good reputation from what I know about them. Get a decent number of deals done each year for a firm of their size so likely solid experience fo juniors. GoodAsGoldman
+2 It's on par for Corp Fin. Thing is majority of the cohort don't actually target M&A/PE but rather S&T, HF etc. Analyst 2 in IB-M&A
+2 The handful of sales I’ve been part of I’ve been amazed how cut and dry the process is. The investment sales brokers did a OM, fielded offers, etc. that was it. BostonCREdude
+2 Centerview? financelover99
+2 Would say it’s compact compared to the US and word goes around the street very easily, so ur reputation matters a lot. But not limited in deal activity especially at the top end of town (GS/UBS/Mac). painsufferer420
+2 Consulting recruiting has become more competitive than ever, especially as firms look for candidates who can balance analytical thinking with strong communication and leadership skills. kelvinmadris
+2 Anyone know BNPP NY? intern_391023809213
+2 Nothing ever happens Analyst 1 in RE - Comm