Highest Ranked Comments In The Last Year

+2 These are my 2 cents: First priority I think should be reading Investment Banking by Joshua Rosenbaum + Pearl - super helpful + explains every concept you will need to know sc_30
+2 Ask them how they plan to monetize their portfolio of admittedly strong but way too big and steady Eddie growth assets in any meaningful timeframe  Senior VP in PE - Other
+2 Gonna be totally honest here out of best interest for you - the only route if you don't secure a good IB offer in college is to transfer to a target or semi-trarget school and (take an extra year of school so you can recru Manager in CorpStrat
+2 I can't tell whether you're saying you did this by accident, as a joke, or on purpose? I don't think any which way is better than the others though  nutmegger189
+2 CreditSights PaulAllenIsInLondon
+2 Claudius & Co. The Fool of Finances
+2 TBC doesn’t care about major (source: I’m in TBC). Regardless, you don’t declare a major until the end of 2nd year. Prospect in IB-M&A
+2 I think you may be missing the forest for the trees here bud Abusement Park
+2 MA is not gerrymandered when you look at things from a broader view. You have to consider that Democrats win every single county in the state. usernameladiesman217
+2 The Unemployment Chronicles continue Abusement Park
+2 Don't look too much into it. usernameladiesman217
+2 Dump it all in SOXL  Associate 1 in IB - Cov
+2 I mean, what's the role and do you have offers from both, considering the job market? PGIM is massive - you could be doing anything from servicing to being on one of their SMAs to anything in between. Prospect in RE - Comm
+2 Limited overlap between the two really but probably best move is to highlight analytical work you’ve done or anything related to structured finance (really stands out as not many people have structured finance experience). widenthatarb
+2 Nomura Greentech is doing great in EMEA Analyst 2 in IB-M&A
+2 hi, thanks for the reply! i’ve had a little SF exposure like really minimal but its good to know even a bit can go a long way. i graduated this past june in accounting & finance. misskels.tb
+2 100% posted by an Oxbridge reject from LSE/UCL/WW/Durham. VP in IB - ECM
+2 I agree it’s a very odd way to word it…like I think it’s trying to say that because EBITDA is before interest, it represents part of the cash flow that is available to both equity and debt holders, but the sentence is inco Mastery 7 IB Shitter
+2 In my experience it has been worse. I went from an RX group to a MF. Both are terrible but PE has been considerably more stressful, less predictable, and more hours overall. Analyst 2 in IB-M&A
+2 Absorbed most of LAZ LA’s A&D team. Tbh a lot of those guys are fucking dicks, idk about the og Gugg bankers tho Analyst 1 in IB-M&A
+2 Let us know what happens here Analyst 1 in IB - Cov
+2 Facts. My MD (~$50M fees originated annually) says his favorite valuation method is to hop on CIQ and look up [common comp]’s EBITDA multiple and add or subtract a few turns based on quality of the target. VP in IB - Cov
+2 Agree with all of the above. Only thing I would add is that you may have better luck targeting T3/T4 and below shops, who tend to be more open in hiring someone directly from Big 4 accounting. RCJ92
+2 I guess we're just going to have to agree to disagree here. Analyst 1 in IB - Cov
+2 Having a track record of internships at Norton Antivirus Associate 2 in AM - Other
+2 How do you see the way out of it? Associate 2 in AM - Other
+2 Ive been waiting for someone to say this. I agree AI is very helpful but “garbage in, garbage out”. The mass shitification in the investing space and quite frankly everywhere is so exhausting. waccAF
+2 Having your series 7 definitely helps too, especially if you are targeting sales and trading. SF banking would want you to get series 79 too. widenthatarb
+2 Basically an LLM arms race CEO in PropTrad
+2 as someone approaching 40 with young kids, i would take it as a lifestyle move.. F*** any other perception MrWilliamEmerson
+2 the only behavioral questions i remember were just about what finance experience i had, i think a time a failed or something abt strengths/weaknesses, why do i want to join the team. hellohellodddd
+2 Bro you are in smid bio and can’t find anything to do? Seriously? What’s the next readout you have under your coverage? When’s the next competitor data coming? Benson Says
+2 Buddy still smoking the poppy they stole from China. The UK isn’t relevant. You guys are work shy pricks. aga1515
+2 I think the main risk is assuming the market hasn't already priced this in. anaisss_
+2 Dude respectfully, your post history shows that you're currently a prospect - you're not in IB. Analyst 1 in IB - Cov
+2 Matt swain at HL comes to mind Associate 1 in IB - Gen
+2 Why IB? You should probably consider an MBA - with your profile and a little more work exp, you should get into HSW and then can start as an associate Pointless wasting time as an analyst imo senior_associate@goldman_stanley
+2 I fight with my construction team every weak who still denies the possibility of construction costs softening at all, despite every piece of data pointing to the fact that it should. brosephstalin
+2 Hot take but PE is legit dying and MBB is imo far superior currently. Being a life long consultant isn't a thing but doing a few years there would be my preference. Analyst 1 in IB - Cov
+2 PJT/EVR/HL are 10ish NY. HL regionals are over a dozen. laz/gugg are your only other direct rx ones with around 5-6(?) each. moe/pwp/roth/part of laz are generalist and you can go for rx group FT. Incoming Analyst in IB - Restr
+2 Worst culture but most MM and BB now pay €90k base + 50/70% bonus + tons of advantages (incl. chomage). Remind you the rent is twice lower than London and NYC. One of the very few places where doing IB still makes sense. French-monkey
+2 Not to overlook culture but i have worked with both groups on the corp. side and I will say that I've been thoroughly impressed with Evercore. Manager in CorpDev
+2 lol the 95% of the content of CIMs are now generated with AI. Can’t imagine not doing that Analyst 1 in IB - Cov
+2 if you're not gonna have a life, at least find a wife Prospect in IB - Gen
+2 +1 that group is swarmed with Asian hello kitties Intern in IB - Cov
+2 WAS LENDING NOT REIB had a MF debt fund offer but took an equity acquisitions role instead. I think everyone that wanted a MF debt offer got one but that life isn’t for everyone (lots of hours / stress). Associate 3 in RE - Comm
+2 I don’t completely disagree with this take but want to add context. Analyst 1 in RE - Comm
+2 Subsequent generations show no signs of improvement. Quite the opposite, actually. Swashbuckler
+2 excluding the humor, as an European, the French are the most untolerable to work with/interact because it's the most snobbist culture across european teams in banks GS under Blankfein
+2 Yea same. I thought that if you don't have a strong story as to why you didn't receive a return offer, or if you didn't have a SA at an IB, it's hard to get a FT offer. curious George 2345
+2 You know, having parents that were diplomats from a 3rd developing country (meaning I actually know what a disaster of a nation looks like) a lot of european criticism comes from a feeling, that gets translated to what the Daemon145
+2 No problem. Ours was a smaller check and similar thesis, though we had done our first add on before bringing in the role. Associate 3 in PE - LBOs
+2 if this is all a scheme for endless optionally with no clear path, why does everyone try to leave banking? similar to ppl becoming a corporate lawyer to clear 7-8 figure pay days one day, why not just stay in banking? Intern in IB-M&A
+2 Or you know stay and keep doing what you are doing, if you are good and play the game (politics) well, you will then become a manager of analysts/associates. Director in RE - Comm
+2 Surprisingly, traffic on this post from 5 years ago has picked up recently.  Analyst 1 in IB-M&A
+2 One thing to note and remember when comparing shops across the ponds is the while the M&A TAM might be as big as the US, the European SAM (for a multitude of factors) is often very small. MS75
+2 . Analyst 1 in IB - Gen
+2 I don’t disagree but l/s and arb are just very different strategies. The key difference being that arb has a terminal end state - like a yield to maturity. Analyst 3+ in HF - Other
+2 “My MaNaGeR iS tHe BeSt” (Everything you say can and will be used against you) Associate 2 in IB - Gen
+2 Senior analyst at an activist fund here. The strategy of activism is something you learn well at an activism defense banking job. What you don’t learn there is how to be a plain vanilla fundamental equity analyst. Associate 3 in HF - Event
+2 You gotta be an idiot for arriving late Intern in PE - Growth
+2 If I had to rank them: S+: EVR S: PJT / LAZ-CL CuriousGeorge1024
+2 Only happens in fast growing, young industries. Same for consultancy back in the day. VP in PE - LBOs
+2 Not trying to squash your dreams, but I've never seen this path before (particularly given the real estate skillset learned in the areas that you mentioned has limited overlap with traditional PE skills or deliverables). SaaSChimp
+2 Same situation myself just over a year ago, identical to yours but for an IB. Marsawd
+2 Ah, fair Associate 2 in PE - LBOs
+2 Hi offcycle analyst fund accounting at UMM  littlefinn
+2 No reason entry level associates and analysts should be on H1Bs. If a rainmaker MD then sure but otherwise no thank you Associate 3 in IB-M&A
+2 Wanted to hear a little more from everyone's perspective on the cyber scene. Prospect in PE - Growth
+2 they are the worst Associate 3 in IB - Cov
+2 they do mostly FoF, which doesn't rank high in terms of prestige to me ...  GS under Blankfein
+2 100bps compression per year is my go to when I wanna show reeaaalll alpha. palm_beach_ll
+2 Congrats on UBS!  Intern in IB - Gen
+2 I’m sure it’s happened given there are so many people at these banks. Associate 3 in RE - Comm
+2 You think our economic growth is coming from a program that’s abused to import Indian males? lol  Analyst 2 in IB - Gen
+2 There have been a handful Emory swimmers that successfully recruited for finance in the past few years and the results were pretty underwhelming. Analyst 1 in RE - Comm
+2 So much for #6.. Analyst 1 in IB - Gen
+2 I agree with the idea that companies like Infosys and Amazon have been gaming the system by hiring foreign low wage workers while submitting multiple applications per employee which is illegal. masterrofnone
+2 I see what I did there. I hired commercial banking analysts into commercial credit associate roles. Hence posting this in the credit group. whoatemychicken
+2 Pretty sure this is AI slop,You can ask anybody who actually works in IB and they'll tell you that in no way Schulich or Rotman is in the same tier as Queen's or Ivey, or even Waterloo Intern in IB-M&A
+2 Bro this is absolutely false, based on real groups and real banks I’ve seen. Over half of my old group comprised of internationals, and they weren’t  particularly qualified  RBOB_squarepants
+2 how is that allowed  Associate 2 in IB - Cov
+2 It’s not about being better at the job, it’s about being better at interviewing because they sound less like tools which you’ve all proved so far. wsomyfc64
+2 I left the U.S. and now run my own work abroad - still grateful to have been born in the U.S. Manager in CorpStrat
+2 Stronger family bonds and connections, stronger ties to ones community, but yes, these are decreasing everywhere so its up to anyone's guess as to whether the east will fare any better than the west.  Daemon145
+2 I would sign up for business school but im fast running low on cash and just dont have the financial means to put myself through it. Its why i have started consulting.  Associate 1 in RE - Comm
+2 That doesn’t make any sense. Unless you personally have a structural problem with the H1B - which you could, but then voice that - how do you suspect does the rainmaker MD build his relationships? International Monkey II
+2 I don't think it's necessarily "over" but you will have to dedicate your life to it if you wanna have a chance. Investment Analyst in VC
+2 Would also add Pari Passu (more RX focused) and the Credit Pitch by LCD Associate 1 in Private Credit
+2 2. No, the excel plug in has no memory besides the copy and paste instructions within excel. can't link to cowork or desktop app memory. you have to re-provide context everytime itswayeasy
+2 hows your corporate finance to begin with? do you know why a company might find itself in distress? what's distress exactly and what types of distress are? GS under Blankfein
+2 Thanks for the response - appreciate it. asgardian
+2 I think in most cases moving earlier into the type of work you want to do is advisable. The caveat being if you’re unsure, you don’t want to take a role that is very niche and pigeonholes you.  tiger_rawring
+2 yeah but we all have our own endowments and start off at different places. Some people start off at -10 for technicals or god forbid are just not intelligent. anonf0fty
+2 You’re posting this on a site filled with Americans who trash London every other day. You’re either looking to get rage baited or setting up an echo chamber.  Analyst 1 in IB - DCM
+2 London is one of the most religiously diverse cities in the world. Any faith, denomination or group will be there. I think Muslims make up for 15% or so? E30
+2 Exactly, every single visa applicant (for any visa, except spousal visas and permanent immigrant routes) have to sign this document. And many actually leave. E30
+2 ok, so compared to NY (where we spend some time during the year), London feels way safer. I agree that you don't have to feel like that someone is going to shoot you at any moment in time. It's not that dangerous. E30
+2 360 no scoped that mandate fr XXZOP
+2 This is anecdotal so take it with a grain of salt. Works at USAA