+2 Any info on JPM SF & MS SF (FSG/HC/IND)? Intern in IB - Cov
+2 All 40 people from the academy were taken to the AC.  So, if there has been an AC this week (Wednesday) I would expect more to happen maybe 1 or 2 more.  Prospect in IB - Gen
+2 Just leave. No job is worth that. The only question is, do you quit right away, or try to line something else up first? TheFunkyMunky
+2 dont drop out, you are at best uni studying arguably one of the most highly regarded courses out there. your current part time opportunity only came about because you are at oxford and studying such a rigorous course. spiff
+2 Landscaping in general is tough, there’s the good recurring revenue (mowing lawns, clean up leaves, HOA contracts or other commercial work) and then the project based work. guyfromct
+2 I was not a great banking analyst (thought it was gay) and got all the looks at all the top PE firms. The trick is to lie when they ask you about how banking is going SOFRsoGood
+2 To be fair, it’s a marquee sponsor exit into the public markets, and UBS getting a co-lead spot is notable given the context. Analyst 2 in IB - Gen
+2 America should, but never will, have a policy like Switzerland, where you have to prove there was no swiss fit for the job (or at least a decent effort at attempting to find a suitable swiss was made) alex50
+2 “Are all in on this” It’s not a hidden conspiracy, or something we’ve just discovered. It’s done in your face, and it’s been happening for a long time. alex50
+2 PEarbitrage Ferris Bueller
+2 To clarify, on true acquisition deals, we typically operate the asset and contribute a GP co-invest alongside the capital partner. wallherder
+2 I think it’s just about asking the right questions. I would ask what the mix is of retail/FA/Institutional, SMA mix vs other vehicles, how large are the largest accounts? Secyh62
+2 yeah, thats tough. i would take your SAT asap, huge detriment. ACT could be an opportunity they're not thaaaat hard exams. Anonymous Monkey
+2 Don’t waste your time with Kroll. Lincoln is a better Val shop and pays miles better. If you’re looking to do PE, the PV team at Lincoln supposedly places decently into small shops. unpaidintern
+2 Momentum doesn't really matter; headhunters don't really change what groups/banks they recruit out of in such a short period of time. Analyst 2 in IB - Gen
+2 Make sure you’re refreshing your context window. If it gets to the point where you need to be reminding it of anything, you should’ve opened a new chat a while ago Associate 2 in PE - LBOs
+2 “Immortal Life: A Soon To Be True Story” by Stanley Bing.  It’s a sci-fi story written in 2017 by a CBS executive and narrated by him in the audiobook. odog @digitalimmortality.com
+2 You don’t need money to be cultured, but you do need to be intelligent. And since intelligence and money are correlated, all three are. analyzinganalyst
+2 Whether or not they're implemented are sort of irrelevant. E.g. JP's policy about having an offer before you even join analyst class, why would that matter if on-cycle recruiting doesn't exist. Research Analyst in ER
+2 I don’t know that it’s so much stupid people as much as I need to do deals to makes fees to keep the lights (probably still could be considered stupidity). patrick_bateman_
+2 Bump, I’m curious about this too. Capiq and factset have been around for years and I still needed to verify data. NPV
+2 Now 18 months in the gig and i am feeling the exact same thing. My interactions with women, and frankly everybody else outside of finance, have only been going downhill since i started. Analyst 1 in IB - Cov
+2 Scott Galloway is right about where this country is heading Anonymous Monkey
+2 Based on this thread, multiple people confirmed this is true. I double-checked the VC forum, and there’re also people there posting about the same thing. What makes you think this isn’t true? VP in PE - LBOs
+2 [email protected] Ferris Bueller
+2 Yeah agree here. This lawsuit by her is more of a cash grab than bringing actual change. Everyone knows the culture won’t change. This is just the end of disability hires lol wendeezpeanuts
+2 If you're being serious you should recruit for a new job before you do anything. Politics are multifaceted. Associate 3 in HF - Other
+2 Do you have a true passion for medicine or is this just a "sort of interested" situation where you'll read medical articles when you're having your Saturday morning coffee. Nobody Man
+2 Agree I've found Copilot to be a watered down version of GPT  VP in IB - Cov
+2 Great answer and very similar to my own experience of “fake it ‘til you make it.” A lot of the work you do shows how hard you are willing to work and figuring things out on your own—both critical in being a top tier IB ana GoodAsGoldman
+2 Sounds like a terrible idea if I’m being honest. Work is just work, nothing fulfilling aside from what you’re able to do for your family and others with the income. Amazon Prime
+2 Experiencing the same issues here. Broadly targeting opportunistic credit and special situations investing. Feedback I have gotten has mainly been that they aren’t hiring or funds want prior buyside experience. Analyst 2 in IB - Restr
+2 The NOVA to UVA guaranteed transfer admission is great value, and you are absolutely right to pursue that path. The first step is undeniably making sure that you actually qualify for the transfer. Intern in IB-M&A
+2 I'd bet this never makes it to trial, unless she's really trying to make a point (maybe she's a plant for someone who hates finance?). The insurance company will push the company to settle as it's cheaper than court. TechBanking
+2 It's not perfect since no one fits in one single bucket but here's how I thought about it.  Determined
+2 Quit my last firm as an ASO without anything lined up. Although I took a big hit on comp, it did end up working out and was able to secure a remote role after being unemployed for months. Associate 1 in IB-M&A
+2 "Filled with people like me"? You are the one saying $300k compensation for a 26-year old is terrible money. Associate 1 in PE - Other
+2 Tbh this would probably work on me. If someone takes that much initiative that they reach out to me on IB, I would at least hear them out and give them some advice. KoolAidManOHHHHHYEAHHHH
+2 Monkey Business: Swinging Through the Wall Street Jungle smfshill
+2 If I had all offers I would  group them like that: Group 1: Oxford MFE, HEC MiF, LBS MFA Group 2: Bocconi MFin, LSE MFin / MFinPE, HSG MBF afdhfg
+2 It's a standard SWF style firm; great WLB relative to other PE, but harder to get promoted and a very different skill-set. Associate 1 in PE - LBOs
+2 The em dashes are a major tell this guy is using AI to write the responses. Complete and total fluff. Please go get a life, OP Investment Analyst in HF - Other
+2 Didn't take either of these offers, but as an additional data point was making ~$375k as a second-year PE associate and got (a) an offer at a publicly traded tech company for ~$300k all-in (base + bonus + annual equity)… Associate 1 in PE - LBOs
+2 Just do it. It's the only regret I have from college. Every time I'm abroad, I usually think "shit, man, I could have done this for an entire semester."  CRE
+2 Pick the HF, life will probably be better and you'll probably be paid more. PrivateTechquity 🚀🚀🚀
+2 No info here, but suprising that the only reason that people are leaving that group is that the bonuses are trash - not that the workload killed a literal Green Beret Associate 1 in Private Credit
+2 Some ppl got AC today  Prospect in IB - DCM
+2 Seconded. Ive seen two pm's come from this type of roles. All about proving yourself to decision makers and optionality on battlefield promotions. stateschool_FIRV
+2 Apparently the NY office re-opened their MBA summer associate program. Sad! qazwsx246
+2 Not sure why there is a huge push for learning modeling when preparing for IB SA interviews. Analyst 1 in IB - Cov
+2 That seems... unlikely. PrivateTechquity 🚀🚀🚀
+2 Read Liars Poker, and then equate this redcoat job to slaving away doing "equities in dallas". If your bonus decision makers are not in the same office, tough situation. stateschool_FIRV
+2 How should cloud based vendors navigate this to get their software compliant with bank’s needs? Is on prem deployment the only truly safe option or do they have to get FedRAMP to truly prove they are secure or? liquidiot
+2 Since we already have a 9 year bump… I’ll answer my own question. Rich dudes spending 6 months out of the year in Puerto Rico has taken off. Especially post-Covid where WFH flexibility is an option at a lot of places. Pokemon Master
+2 In summary, like the propaganda agent Xuequin Jiang rightly said: "whoever you're not allowed to question is who is ruling you". Period. Intern in IB-M&A
+2 My question from this whole fiasco, is how the hell is "anxiety" an actual diagnosis "requiring" 8 hours of sleep. Analyst 1 in IB-M&A
+2 I agree with the others on how you should put your money. Live off the dividends, after a year they get taxed different and 4.5M, with a good yield you can make easily over 100k.  usernameladiesman217
+2 Haven’t been on WSO in years, but thought I would check back as I am in the midst deciding on a move to a new seat. chimp_g
+2 what does your baseball card stat sheet say about you and what you need to improve on (i forget what they call it) ? Are you below 50% ranking in your class as an IA? stateschool_FIRV
+2 obviously not, nobody is going to care and will just want your work to be the best it can be. never heard of someone calling it "workstation equipment" before lol.  keanbeut
+2 Be the intern who removes work, not creates work. Show up early, write stuff down, send clean follow ups, ask questions once not five times. People remember reliable way more than “smart”. Hanlon
+2 adding on they have a separate fintech research team that produces those, they are paid less as well i think Analyst 2 in IB-M&A
+2 few, but at least you knew that the WASPs that were in the Government were fully aligned on American interests and those took priority  GS under Blankfein
+2 It makes all the difference. Firms like Alix, A&M, and FTI carry weight because they signal you’ve been through intense, high-stakes work; think bankruptcies, creditor negotiations, 13-week cash flows. Engagement Mngr in Consulting
+2 I'm calling cap. 100% certain that's what they meant and that you misunderstood.  Analyst 2 in IB - Cov
+2 Communicate to him/her these concerns. If they are receptive of the feedback and improves, they should be fine Intern in IB - Gen
+2 Get familiar with terms in your sector and workstreams. You need to do a lot of context switching, tedious admin work etc. Analyst 1 in IB-M&A
+2 In the posts above I literally write that I’m not trying to say 300k isn’t a lot but just asking if that’s what we were chasing lol. Someone is passionate about reading before jumping to assumptions. Works at Evercore
+2 There's no single answer here because it depends entirely on the type of fund, their strategy, and the company itself. stockpitchlab
+2 People generally see UCL and Warwick as low target, not top semi, with UCL > Warwick  professional.form.filler
+2 hi! thank you so much for doing this. I have Summer Internship AC with Ares Infra next week. I was wondering the following: regettamonkey119
+2 This might be a real story but Jesus Christ you guys need to learn how to express yourself in long form without needing to run it through ChatGPT. It’s so glaringly obvious it’s distracting. Like you need AI to rant?? liquidiot
+2 Have been working at the top shop for Secondary Advisory for about 1.5 years now, and I can attest that 90% of this post is 100% accurate. Analyst 1 in IB - Cov
+2 Principal in PE - Other miscer
+2 Tell me you work at Qatalyst without telling me IWorkMoreHours
+2 PWM/PB is definitely more relaxed than S&T, but most full-time seats still go to their summer analysts. ratemyswap
+2 Yeah, Revolvers are to an LBO what your arm is to your body—a critical part of it. spicemonkey
+2 yes lmao Analyst 2 in IB-M&A
+2 I agree, waiting to expand my search was a mistake, but I just started expanding the search to Corp Dev roles about a month ago. Band of Monkeys
+2 EVR is seriously getting overrated here lol, folks still prefer CVP or a top GS group over EVR Analyst 2 in IB-M&A
+2 Here it is (https://www.anthropic.com/research/labor-market-impacts).  To quote the relevant part: Ozymandia
+2 I could have been a mid bucket associate in the mid 2000s and still live in a dreamy Brooklyn Heights 1 bedroom apartment and save a fuckton of money.  Truly ain't fair. PaulAllenIsInLondon
+2 that makes sense, the only thing is I don’t have a very conventional background like I said. I have no IB internships but have 2 yrs experience in retail/commercial banking and WM. misskels.tb
+2 Slave-aaS 😂 ojapar20
+2 i think asso is the level where personal preferences, location, and family start to come into play especially if this is as a MBA asso(?). do you want to live in chicago/SF or ny? Analyst 2 in IB-M&A
+2 It’s your first week at your first job and you think your opinion on work “standards” matter? Clearly something is working if they have deal flow. If you’re that good, you will be a star analyst with a top bonus. Amazon Prime
+2 Personally I wouldn't put SF and Chicago in quite the same category. So I'd definitely take SF M&A over JPM FIG, but I'd probably also take Chicago M&A over JPM FIG.  HowlerMonkey
+2 Like any industry group, there are subsectors that move in and out of favor, and pockets that do extremely well even in challenging macro environments. jets98
+2 there is this magic thing where there are new 24 year olds every year anonf0fty
+2 Gotcha thank you. Analyst 1 in Consulting
+2 I'm going to be the devil's advocate here and say that actually, you need money.  IsItREPE
+2 I just graduated and my experience its kind of hit and miss for internationals especially the visa situation. Came from an M7 and would say that the HSW brand was definitely much stronger so thats definitely a plus. Associate 1 in IB-M&A
+2 IQ is not the differentiator as to who makes it to a BB. Sure if you have 70 IQ you’re probably ngmi but 92nd percentile vs 99th means way less than willingness to work 80+ hr weeks alex50
+2 I was extremely fortunate in my VP years to participate in well-performing investments. I mention that because my earnings arc is somewhat of an anomaly.  ThatGuyBalls
+2 1-3, 1 being best Tobin&Co. M&AAnchorageUBS (any group) Intern in IB - Cov
+2 Associate 1 in RE - CommThe stance of "AI is total bullshit" is really the most asinine take ever.  IsItREPE
+2 commercialrainmaker Director in CorpStrat
+2 This might be a very stupid question, but are you explicitly told that you’re in top/middle/bottom bucket? Or some other indication of ranking? Or is that something that I determine vs what other analysts got seekinthealpha1
+2 Watch the Family Man Incoming Analyst in IB-M&A
+2 Have folks found it to generally be better on the buy side or is that equally as difficult to not lose yourself, maintain relationships etc Analyst 2 in IB - Gen