+2 Looking like it'll be very bad until 2028/2029. In 2023 people said 2024 was going to be "the year" but kept kicking the can down the road Prospect in RE - Comm
+2 Fireable offense dude  premia
+2 Yes I should've been clearer . . I shoudl've emphasized mild/basic accretion as a bad thing. Not because its harmful, but because it masks something else. Dr. Rahma Dikhinmahas
+2 I agree with latest comment. I did 4 years MBB and 4 years MM+ brand PE and it’s not comparable skillset. Associate 3 in PE - LBOs
+2 Mid-BB, Coverage NYC VP3 > D1 Total comp: $800kBonus: $525k Base: $275k Top bucket ky9xnsz
+2 Q: If I missed your window then don’t worry about responding. Did you ever get nervous at conferences and in group meetings where you were the only woman? If so how did you get over it? James' Bond
+2 BX rarely takes professionals from Eastdil. Most common method is working at REIB/REPE then lateraling over. Prospect in RE - Comm
+2 You're already late to the game. Shoulda gone to Trinity/Dalton/Horace Mann or another target middle school Intern in Consulting
+2 Eh - substantively, these same considerations exist to an even more risky extent for primary investors, with the exception of the NAV uplift point. Associate 1 in IB - Gen
+2 Incoming Analyst in IB - CovWF? Analyst 3+ in IB - Cov
+2 I couldn’t agree more - we saw the “sprint before you walk” effect many, many times amongst our operators when I was on the LP side.  FutureCEO3
+2 Also this is a pet peeve of mine, if I give you a time and say call me on my phone and you try to schedule a Zoom / Teams video call - I may ghost you after that. Business School in CorpStrat
+2 Tons of jobs in NYC compared to SoCal... LA is an actual desert and has been for awhile Associate 1 in RE - Other
+2 Hi, thanks so much for this post -- super helpful to see everything from the other side. panda-123.
+2 Were there technicals in R1? FinanceIB_advice19
+2 Just because everyone is bumping this shit. I interviewed here a few months ago. This is an amazing shop, just go to their website. Intern in IB - Cov
+2 There is definitely a downside to being in one niche. Overall the problem isn't being able to pivot from a knowledge standpoint. I understand office/retail/industrial. TheFranch7se
+2 Sure, the pay may be relatively equal right out of college. Sure won’t be that way across your whole career. I would expect better, not such short-sighted analysis from an MBB intern Prospect in Consulting
+2 I'm a bit late, so I don't know if you're still looking for an answer, but I'll give my view anyway. If you don't want to be a doctor or work in medicine, why would you continue? A100090
+2 If that book was for me, I would tear into your associate. There has to be a quality check between an analyst 1 and a senior banker / client. Rabbit
+2 Assuming your tripping over this because your recruiting for SA27 spots. While there is a definitive answer, your seeing different answers because all sources are making different assumptions (diff. rolo25
+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 I would recommend River North and Gold Coast/Old Town. Wrigleyville is also fun. West Loop is nice but unnecessarily expensive. Not a lot of "neighborhood spots" in West Loop which can make it harder to meet people. Outsiders
+2 NorthStarOneWere you raised wealthy and isolated from real world violence? CRE
+2 Thank you. Your point about the "juniors" having a closer or longer-standing relationship with the SVP and more tenure at the firm is an important one. Very much agree that can play into more than I would like it to. Developer in RE - Comm
+2 we had best intern class in years and had 100% offer rate hire better and be more involved in coffee chats etc. instead of outsourcing it to HR Associate 1 in IB - Cov
+2 it's kind of hard to define a "market" offer at this level since every firm's structure is so different. Developer in RE - Comm
+2 56. BofA RBOB_squarepants
+2 they don't sit at the same desks as me Prospect in IB - Gen
+2 Where’s BofA WSneversleeps
+2 I don’t think data centers are a fad. Entering the field opens up possibilities to move into adjacent sectors, some of which are in early innings.  odog @digitalimmortality.com
+2 perspiratingmonkey
+2 I sorta get your point but man... The handful of guys I've met from the RX side have all been major assholes, and we weren't even in adversarial situations (it was more recruitment / co-invest). VP in PE - LBOs
+2 You do not want to work at either of these places KageSelly
+2 How do you think it will affect the upcoming SA 2027 / 2028 classes  ChimpChimpchimpChimpChimp
+2 bc there’s plenty of jobs after IB that involve pitching, that could be easier pitches than IB, and mainly bc of the WLB idc if I can do pitches in my sleep if I never get to sleep jonesjonesjones
+2 Would highly recommend not accepting if you want a long successful career in investment banking or on the buy side Managing Director in IB - Cov
+2 This is true. “Nobody ever got fired for hiring Mackenzie”. I’d add that most small sponsors who get institutional deals capitalized usually do so in hot markets where you can’t win deals with blue chip firms. patrick_bateman_
+2 How do you have all this time to be writing paragraphs  Incoming Analyst in IB - Gen
+2 del del del   Associate 1 in PE - LBOs
+2 Ah - that makes a ton of sense.  Do you have experience with how the economics of these spins work?  Seems like sticking around as senior people at growing fund should be great economics vs starting your own. CPDDOUGH
+2 Following 1AB
+2 It’s because MAGA is too busy going after racial DEI while ignoring gender DEI. Have you not seen JPM stats in the other thread. Majority of the focus has been in hiring and promoting women. VP in IB - Gen
+2 We got blown out of the water two times by FP in $1bn+ EV deals in software. Anyone who thinks they do value investing is off their rocker. Do with that what you will - they seem like nice folks to be fair.  VP in PE - LBOs
+2 I live in Little Italy in a 2 bed 1 bath with my girl: We each pay 875 rent. Subway and or bus is a 4 minute walk drops me off 5 minutes walking distance to the office IncompetentWorker
+2 5 placed from UF at EVR this cycle… Analyst 1 in IB-M&A
+2 If you’re in a nightmare group, do not accept the return offer  Analyst 2 in IB - Cov
+2 Had friends here, so I can help. The culture is very fratty. Deal flow is outstanding. Hours are really bad like 110+, mainly cause they make you do like tedious work that is not useful for the deal you are on. Intern in IB - Cov
+2 Not sure if this helps you actually feel better, but I think something to recognize is that if a place actually works like that, then the business can't sustain itself over any long enough period of time for you to want to Prospect in IB-M&A
+2 Big ol' women, wolfing down them churros WockySlush
+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 "small sector not my main coverage", "PM / HR don’t care.". There you go you have your answer. Either: Quant in HF - Other
+2 Hmm, I don't think you're screwed necessarily but definitely behind. One thing that actually might help you is hirevues. johnb2001
+2 Flow is basically a firm that relies on volatility being high. They do exceptionally well when it is high(Covid was a huge year for them) and haven't really been doing as well since then. usernameladiesman217
+2 Jumping in as I'd love views from the very knowledgeable people here. I work in MM PE in London and applied to business school in the US with the goal to move there (I'm European so need sponsorship). Associate 2 in PE - Other
+2 FSG, 3/5 Analyst 1 in IB - Cov
+2 Management is really, really difficult though.  Everyone hates you, you make no money, and it is a constant grind in every possible way.  Hiring and retaining staff.  Keeping margins down. Ozymandia
+2 Post is from last year but it's a good timing since I just went through this. Hanlon
+2 You never know if you don't ask. For everyone's feedback in this thread, you may have an edge case where you get lucky. StillNomad
+2 In my experience, clubs (esp at targets) are one big circle jerk. They def help, not needed tho if you put ur head down and grind.  Internships > Clubs  Analyst 1 in IB-M&A
+2 Great day to be at an EB Prospect in IB - Cov
+2 Echo the above - healthcare IB also has tons of (ex)-doctors. Plenty of great teams in the market. packet
+2 Can attest. Ff super low at 50%. Lev fin I think they cut 4 across clt and ny. Prospect in IB - Cov
+2 I mean to be fair, ICE’s job is to target immigrants. TopBoy.-
+2 Where are you flying back from? London, Paris, Frankfurt, Amsterdam? Chimchar
+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 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 You can get into IB without being apart of them. However, people apart of them typically have a higher chance due to all of them being sort of the pipeline. Intern in IB - Gen
+2 Think RBC / CIBC / TD / BMO, 3rd year VP getting promoted to DirectorTotal PATC: $825kSalary: $275kBonus: $550k (30% in deferred stock) Associate 2 in IB - Gen
+2 Who threw MS for being inaccurate? lmao apparently someone knows your parents better than you do Invalid_CREdentials
+2 Take ashwaganda before for max aura zeroto100nrq
+2 Sounds like other people who were in my class... Summer Associate in Consulting
+2 Outside in, how to identify funds that are more likely to be sexist A few things to watch out on: James' Bond
+2 Tell us more about the return rumors. Are they cutting that many offers? AptmateWantedLA
+2 Different sector coverages and which ones might be less averse to women James' Bond
+2 One thing I would add is the importance of documenting development phases properly. I have seen projects where the accounting treatment was not the issue. the lack of supporting documentation was. shawnyuan
+2 Move is worth it. Reasonable ask for them to give you a sign on your compensate for some foregone bonus. Associate not happening. Managing Director in IB-M&A
+2 DrunkeyMonkey: Ozymandia itoolikepeanuts
+2 Im with you except cornell does not have pedigree man. Both it and stern are sweatshops with top-school rejects and no innovative spirit sm17
+2 Capital markets is a great job. It can definitely lead to working at a debt fund and I know people who have done that exact path. Associate 1 in RE - Comm
+2 I care to differ. Have you been to Peel St recently? It’s like 80% 20-25yr old expats. Would welcome any and all from abroad to spend a few years in HK - highest pay (except nyc), lowest tax! Analyst 1 in S&T - Other
+2 financeabcDrunkeyMonkeyOzymandia DrunkeyMonkey
+2 Is litquidity not doing the comp survey anymore? Numbers are scarce here Value_added
+2 This book just recently came out but currently reading Trading Global Macro Markets by Willer & Saunders at Citi - may have some crossover with Gliner’s book. Think you may enjoy it! Speaker_Lynx
+2 Username checks out Prospect in Consulting
+2 Mike Joo going to Barclays allegedly. Good riddance. Works at Bank of America Merrill Lynch
+2 Only the juniors are women cuz they’re cheap labor and great fodder for getting young guns like yourself interested to talk to them. Their bosses are men. Benson Says
+2 I’m thinking of leaving and going to a multi strat family office that I have a good relationship with. Getting my CFA rn. larry david
+2 Think a solid goal is to talk to all the alumni from your school at that specific firm, which I'd imagine based on your post ("solid" "not super target") is 5-10 per bank. Prospect in IB - Gen
+2 No value in going to HYP for banking if you can go to UF and have a much better life and not be burnt out before hitting the desk.. Analyst 1 in IB-M&A
+2 It's highly variable and very much depends on the person and context. ShowMeDaMoney
+2 Sure, Senior analyst (1-2 years IB experience is around 110k base +10% bonus + RSU / stock options varies but around $30K vested over 3 years from what I’ve seen in similar portcos) planC
+2 I think that's more reasonable than you might think considering you're starting so early. Intern in ER
+2 Associate 2 in IB-M&AWhat do you think about the view that software is dead because of AI horsinaround
+2 Not NYC but Dallas has been quiet.  VP in RE - Comm
+2 Try follow the market a bit like it's been said already. It's really not an easy exercise finding the right price on assets, that being said for case studies you will only show a general understanding.  Associate 3 in IB - Gen
+2 No offer, even though I was way better than an MDs son Intern in IB - Cov
+2 this post is a good insight into the downside of the oft-given advice of “getting really good at one niche”… you can’t pivot or at least you cannot pivot quickly. While multi is slow and kinda frozen.. Retail ripping. Analyst 1 in RE - Comm
+2 They are either no longer or dead bros walking larry david
+2 Has anyone else been promoted? Have you taken the GMAT or do you have any MBA offers? Associate 2 in IB-M&A