+2 Can confirm. Was told this at a global meeting today Managing Director in IB - Gen
+2 Given the potential for Gen AI to completely disrupt the software space, I think any of these firms is high risk from a career standpoint.  Managing Director in HF - Other
+2 Jamestown is a great company but they'll work you like a dog.  Developer in RE - Comm
+2 Finding people who share a hobby has helped me stay dedicated. Greenspan's Panties
+2 Anything to say now??? Analyst 1 in IB - Gen
+2 Prospect in IB-M&A cranh82
+2 Know a few people who work there and really like it. blackjackbaby
+2 Relax pal Analyst 1 in IB - Gen
+2 CoinEnjoyer Ozymandia
+2 A2 at an EB in London with decent deal flow:1/3 of the weekends free1/3 of the weekends c. 10h across Saturday and Sunday, sometimes it’s 11 - 4 pm both days , sometimes it’s only Sunday 10h Analyst 1 in IB - Gen
+2 Del Analyst 1 in PE - LBOs
+2 With all due respect, I think it's different for analysts vs PMs.  Investment Analyst in S&T - Other
+2 You have options. Get a masters from a top school, go FP&A and lateral, MBA route. At 21, I didn’t have an internship at all. At 24 I’m at a MM bank in a Credit LevFin role. Take a step back, go on a walk. Analyst 1 in IB - Gen
+2 No, my old PM gave me a reference and thus, BD had the higher ground since I was out of a job. Yes the offer was pulled for that team and there was no room on the other pods from what I was told. Investment Analyst in S&T - Other
+2 I'm now going to rest up before anything. I didn't mention this in the original post. I was actually in a situation last year where I accepted an offer and the PM left before I started. Investment Analyst in S&T - Other
+2 Based on the most helpful WSO content, if you're looking for a 9-5 finance job that aligns with your interests while maintaining a balanced lifestyle, here are some solid options: WSO Monkey Bot
+2 As a current international student at a T20 university, I can confirm that for-credit CPT has been fully suspended at my school. The only alternative now is pre-completion OPT. survivor007
+2 This is a declining industry on the wrong side of change that is perfectly competitive where incumbents have almost no moat. Works at Citadel Investment Group
+2 Recruiting success is not correlated with job success. Lots of people do 3rd years in IB to continue recruiting and eventually break into PE. Your situation is not uncommon.  Associate 3 in PE - LBOs
+2 it is do-able. However, a big hurdle will be leaving IB as a VP2 or VP3 at the age of 30 to “retire”. VP in IB - Cov
+2 There is still that one pwp sf tik toker bro  hankpim
+2 Do you work with bankers or have more senior colleagues who can refer you to bankers? Direct references from close connections will be your best bet. Associate 1 in IB - Cov
+2 edit Accidentally posted w/o finishing my thought… Investment Analyst in IB - Cov
+2 She posted videos where she said you need to be hot and focus on that and also she had a video saying she never dated at 26/27. You’re right  hankpim
+2 I was in the same situation as a junior having just transferred my degree to finance at an extreme non target. Felt like I was the only one in my entire program interested in investing and private markets. monkeyvjit
+2 dude as someone who lives in asu land, dont go here. it gets too hot and you have better options. im also a high schooler and just target more colleges as well. just my opinion  this is what gemini said BIG GION
+2 I think it is because the work streams of the Bankers in the deal process is more pressing, and time sensitive. First_Lien_Larry
+2 Based on the most helpful WSO content, here's a breakdown of elite boutiques (EBs) for M&A ranked by factors like prestige, exits, compensation, large-cap mandates, deal team leanness, and other considerations: WSO Monkey Bot
+2 Will say revenue for M&A is typically delayed and contingent on deals closing, so this is based on 2025 deal flow. Analyst 1 in IB-M&A
+2 Missing Hustler University by Andrew Tate LBOnlyFans
+2 This is just flat-out wrong. Associate 2 in PE - LBOs
+2 Wider range of exits, better hours, WFH, better people, likely better comp throughout your career, etc. Large AM means pretty good stability if I had to guess as well. attempting_doingmybest
+2 Any of Black Coffee's  sets - energetic without being distracting, and they are pretty long (up to +2.5 hours) SearchLookFind
+2 Would quite strongly prefer the top 3 BB off-cycle internship in London, especially if you want to work in London.  agudeza
+2 they realised that spring converts were garbage surpirse surprise none of them converted their summer and are now suffering Prospect in IB-M&A
+2 There’s a new excuse that doesn’t involve Credit Suisse or Swiss capital requirements. UBS juniors regret to inform you UBS revenue and deal flow is currently in a rain delay. Analyst 1 in IB - Gen
+2 Not in banking but for my McKinsey interview they swapped to in-person this year, and I preferred it because I got to meet my interviewers and get a better sense of what working with them would be like. omsos20032
+2 I think it's just a matter of time for the broad Capital Solutions field to be part of the Private Credit field given all the credit guys seem to also understand / be able to do PIKs / Pref / Distressed. GS under Blankfein
+2 Recruiter in Non-profit Pokemon Master
+2 Somehow the tiktoker herself hasn’t dated at 26/27 despite working at Morgan Stanley and blackstone and made a 5 minute video about that and how much you need to care about your looks all of sudden. hankpim
+2 Congrats on Western Ivey! Analyst 1 in IB - Gen
+2 Thank you so much for the thorough reply. That paints a promising future to get excited about! Associate 1 in PE - Other
+2 In the US not UK so unsure to what degree this may help. BBG STRU Enjoyer
+2 Well no shit that it makes sense for PWP stakeholders. But does it make sense for Piper? Because no banker at PWP (junior/mid-level/senior), who is worth their salt, would stick around to work at Piper. babalu
+2 UK clubs underrepresented here - Oxford Alpha Fund is not the only good club in the UK. CapitOx, CAMSIF are also huge names, look at committee placements for proof of this anonymousmonkey101
+2 maybe GHL / Roths / Gugg / Ducera M&A and/or a specifically bad group in those firms? Prospect in IB-M&A
+2 Dude, stop drinking everyday. I’m old enough (early 40’s) to have seen it kill several people from my own generation. At 1 year into daily drinking I think you can stop cold turkey. Ehmerica
+2 FIRE is appealing in theory, but lean-FIRE feels like a gamble on life events and markets — $40k/year isn’t much room for curveballs or fun. Fat-FIRE is more realistic, but requires serious upfront sacrifice and planning. andrevc
+2 Not uncommon to feel FOMO — banking has a weird pull. Jumping back in after a couple of years is doable, especially if you can leverage your Big 4 M&A experience. Realistic? andrevc
+2 Yeah, it’s wild — we went from inventing fire to burning ourselves out in Excel. Modern evolution: from spears to spreadsheets. At least the cavemen got more sunlight. andrevc
+2 Strong profile — GPA isn’t perfect, but experience and impact matter more. Think getting accepted to all three unis you mentioned is safe. Sell your story, grades are secondary. andrevc
+2 Not insane at all — sounds like classic “maximize cash, minimize headache” mode. A lot of people do a short IB stint late in their careers for exactly that reason. andrevc
+2 A few thoughts here: Associate 2 in IB - Cov
+2 Not necessarily. I'm a generalist that is scared to touch biotech. But isn't the most value understanding the science and probabilities of drugs making it through trials etc. Rags to Hermes
+2 This is what I originally said that you responded to: GoingGoingCaught
+2 For S&T, I’d focus networking conversations on specific markets, products, and how traders think about risk rather than just asking about the recruiting process. wirkutskijkarl
+2 Just coming off my ASO yrs at a MF and I’m more of an excel vp than a pdf vp, so I can tell you, if you’re from a previous vintage even the early stage IC models now are more of a task than just quick and dirty >100 lin SOFRsoGood
+2 Scotia paying A1s 120 + better overall trajectory as an outside observer  Gold-ManSacks
+2 Scotia's platform is more reputable than SMBC's platform in the U.S. across the board (IBD, CorpBanking). AN1 comp around 170 - 190K in NY. Analyst 1 in IB - Cov
+2 Johnny make yourself a favor and don’t talk if you don’t know stuff. You at a Megafund, well good for you, congrats. Intern in IB-M&A
+2 Bump. Also curious as to what types of analyst programs they like to hire from. REGAL IB, BB bank RE lending, other REPE, LifeCo RE? yellowmonkey6207
+2 Bump for awareness [email protected]
+2 Few can comprehend the higher mysteries of FIG, but there’s no harm in trying. If you can’t cut it I wouldn’t worry nobody would ding you from a FT process over it. Analyst 1 in IB - Gen
+2 Sure, if the deal gets closed/announced it would be a smart to put it front and center on your resume as the first deal under your "Select Transaction Experience" Associate 3 in PE - LBOs
+2 Nice that’s actually one of the better back office positions to be in. First I would define what you want to do between IB and ER. Houseofmorgan2278
+2 MJ retired? RestIess
+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 Zacharia was terrible at the  job and lied about being a lawyer. What's worse it shows an inept administration who failed to do background checks. Isaiah_53_5 💎🙌💎🙌💎
+2 In my market it's not particularly common for people to own their warehouse. Usually preference is to lease so the market is thin. However, pricing expectations are still too high. VP in RE - Comm
+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 Amazing, thanks for the thorough response. Very happy for you! hedgehog9
+2 Sounds like he's playing the system for as many 1-2 year guarantees he can get. Living my dream. Associate 3 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 Would push back. Think the question is “what does FSG IB do?” Incoming Analyst in IB - Cov
+2 Touch grass intern. No return for you Analyst 1 in IB - Gen
+2 For a 60-90 minute LBO test, the biggest thing is speed on the basics, so build a few practice models from a blank sheet with a timer running until you can finish a simple one in about 45 minutes. IRRationalMgmt
+2 With your background, you’ve got a solid shot — you just need to show you actually care about markets. Highlight any relevant analysis, modeling, or problem-solving from your current role. andrevc
+2 You are not getting there at a older shop on an inflation-adjusted basis as people don't last 30 years there. Most of the legacy platforms will kick you out even as a senior partner. It's a dog eats dog world. VP in PE - LBOs
+2 That really sucks — I’m sorry you’re going through that. Unfortunately, these situations happen more than they should, especially with unclear work authorization requirements. andrevc
+2 You’ve got a strong foundation and a clear sense of what drives you. andrevc
+2 That’s an incredible write-up — honestly one of the most grounded and brutally real takes on PE I’ve seen. The points on sponsorship, communication, and not over-identifying with the job really hit hard. andrevc
+2 Off topic, but how did you manage that recruiting process? Seems like tech PE hiring has been pretty slow / limited so I'm surprised they'd take someone from outside tech PE already Investment Analyst in HF - Other
+2 Hi Mate,  Thanks for taking the time to put yourself out onto the forum and offer up time out your likely hectic schedule to answer questions that students based in Australia have.  gung
+2 Echo other poster that you’re a better fit for MBB than IB based on what you wrote George Orwell
+2 What about chats from wso minticecreamplz
+2 Hey everyone. I’ve been following the Ashcroft debacle as I am a very engaged LP in the syndication space and feel deeply for anyone that’s been caught up in this nightmare. loavesfishcapital
+2 Just a very simple story. The only stock that has ever return capital to shareholder as much as Microsoft was Apollo. But now they are not on the raise. Associate 1 in IB-M&A
+2 Is this not a stupid question bc it's based on a firm's mandate? Intern in ER
+2 Memory… JPBoregan
+2 where does gugg sit Boomtsi
+2 Yes that's always helpful - but also depends on what sandbox your firm plays in since CB isn't the same everywhere. Associate 3 in IB-M&A
+2 Oh, if only that were her only mistake. She... FinnesseGod
+2 Cmon we expect better quality hating of UBS, not GPT slop. We know you have the time. Analyst 1 in IB - Gen
+2 Thanks for your reply. The point that I don't comprehend - what's the logic behind leaving Rollover of Existing Debt on the Uses and Sources sides? MajesticIvo
+2 There's a good crop of oldheads like you on this site who make a point of being helpful when someone asks the right question. I've certainly benefitted from it and gotten great advice I'll gladly share around. PrivateTechquity 🚀🚀🚀
+2 You really don't get what public markets mean do you..."I have no experience/background in this but im fairly smart and have passion/intuition so I think I can figure that part out" -- 90% of people in this professio The Penguin
+2 Thanks, Claude!! Analyst 2 in IB - Cov
+2 I definitely know IR Associates making ~$300K all-in with 0 IR experience beforehand (though rare). Granted these are folks with prior IBD experience at a top-shop and compensation is inclusive of profit sharing. IRR-Responsible IR
+2 Agreed; definitely depends on the firm, strategy and how Investor Relations is viewed at the firm-level. IRR-Responsible IR
+2 Just checking if that's correct: Assumptions: MajesticIvo