Highest Ranked Comments In The Last Year

+2 OP was later robbed and stabbed in Hyde Park over the $5 in his wallet and a crispy chicken sandwich shortly after making this post PrivateTechquity 🚀🚀🚀
+2 Stern is gonna put you in a good spot. The only thing maybe slightly against you is it seems like ppl recruiting for IB from here are growing each year. usc/ucla seem to be getting stronger in recruiting, esp in LA. Intern in IB - Gen
+2 Maybe a little bit outside of the box but has anyone gone to consulting in an industry they're interested in with the goal of eventually moving to a corporate role in a few years? Associate 1 in Private Credit
+2 Why does he have a non compete for his own fund PM in HF - EquityHedge
+2 They are boring when you're new and just taking notes. zzfishstick
+2 Thanks Smoke Frog, what you've provided is exactly the type of feedback I'm looking for.  USNtoMBAtoUndecided
+2 "credit research"  "Commodities research" Etc. Idk what you're expecting them to be named like given equity research is named "equity research" nutmegger189
+2 If they've already raised the fund - that's great, take it (as others have said).  However, the skeptic in me wonders, if they have raised it (or a 99% lock to do so), why are they giving up so much carry? asmith_1
+2 You raise a fair point!  I considered the age scenario from my own perspective, that of the older subordinate, but didn't put much thought into how the younger superior would feel about it.   USNtoMBAtoUndecided
+2 Your comment makes no sense. I know multiple analysts at BofA who haven’t been able to close an M&A deal in their 2 years of work. So there’s no guarantee that you will have a better outcome here vs. RBC / Jeff. thunderbird_neo
+2 I like those growth guys! The seats are few and far between, not that tech buyout ones aren't. My fav investors are Tidemark but I haven't seen them raise a new fund. VP in PE - LBOs
+2 Thanks for the replies, really appreciate people chiming in. mudasir2aa7
+2 It was real when I was there in S&T, granted that was over 20 years ago. Then they’d also do things like offer a 24 yo trader a $2M guarantee to come over from a MS for example. Had two buddies that happened to. TechBanking
+2 5% of P&L you contributed, or half a buck TC, sounds about right.  PM in HF - Other
+2 SDA is more an MBA /exec education school so I wouldn't say it's the worst thing in the world. Just for different types of students, at different points in their career. Brag680
+2 You have more bullets/info attached to BIWS than you do any of your internships. Which is, just visually, ridiculous. nutmegger189
+2 Guys who get inbounds from recruiters – how many months / years of experience did you have when it started happening more consistently? avocado_2303
+2 Should’ve told my bank to give me a return this summer (did bag on the desk) Analyst 1 in IB-M&A
+2 mk1984412 CRE
+2 Nice drawing bro Analyst 2 in IB - CB
+2 I think in general people kind of realize the MBA is more of a networking degree than an actual learning degree, and while people are also generally aware and EMBA is even more of a soft degreee than a traditional MBA, I h Smoke Frog
+2 I'm sure someone asked a very similar question a few weeks ago. Incoming Analyst in IB-M&A
+2 If I was going to leave the investment side of the business, I’d probably want to pivot to working for a big brand (think a McDonald’s, Starbucks etc.) on their real estate team, focusing on site selection and expansion. mk1984412
+2 Pfft. Jefferies for sure bro. Below market comp with “hardo” hours and a fat ceo who posts instagram memes? Easy. Associate 1 in IB-M&A
+2 It's pretty simple. It extends your graduation date by a year which makes you eligible for more opportunities. If your undergrad uni sucked or was less than ideal then it also can bridge that gap. nutmegger189
+2 Left IB after 2nd year bonus without a job lined up. Landed a 155k base + minimum bonus plus 45k equity so 200k TC but can flex up to 225k depending on how firm does, which it’s doing well. Analyst 2 in IB-M&A
+2 lazard is not going down, u just see evr hiring 100+ ppl a year now. chances are if u arent in RX at PJT/EVR or GS TMT/MS M&A or some other top group, MF PE is gonna be a tough hill to climb. Intern in HF - EquityHedge
+2 AI slop ngmi Prospect in HF - Other
+2 You have two sides of a company...the asset side and liability side. Most credit people myopically focus on the liability side and asset side analysis is rather cursory. Principal in HF - Event
+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 did they also want u to complete it by tmr Prospect in S&T - 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 Could be younger culture in general. A lot of Gen Z is socially stunted due to COVID + phone addiction. Shit I'm a zillenial and I'm easily addicted to Reddit, Insta, YouTube, and Pinterest. Matchabee
+2 While OCs are theoretically open to those up to 2 years out of undergrad, it's pretty rare you actually see anyone this far out of UG in OCs. It's normally straight out of UG. nutmegger189
+2 Why would you get hate for HL? Analyst 1 in IB - Cov
+2 This is a very common dilemma, and you’re thinking about the right trade-offs. kelvinmadris
+2 First, congrats on TPH! Second, OP are you from Texas? Lastly, an obligatory, "fak off, we're full", to anyone reading this post considering Houston - stay in NYC.  readthe10k
+2 Exits: Evercore (PJT still great and the gap is getting smaller). Experience: PJT (can't comment on Evercore, haven't started yet) Just choose what u want Intern in HF - EquityHedge
+2 On the surface, it seems like a solid shop, but expect a very strong focus on sourcing (cold calling and emailing), even at the junior level. Investment Analyst in IB - Gen
+2 Yeah. Tulane seems to have a pipeline into Moelis’ Capital Markets group. If I had to guess it’s because the co-head of capital markets at Moelis (Halperin) went to Tulane for undergrad  CuriousGeorge1024
+2 I recruited from a small FIG boutique and ended up at a MM Bank. To be clear, I primarily wanted to stay in banking so my approach with recruiters was pretty much all banking focused. Associate 2 in IB-M&A
+2 In transition phase from anti-pod, pod, to real pod.  Some talented folks.  Your individual experience will be more team dependent than other MMs - all teams are run slightly differently, particularly Fins. Base21
+2 agree, going to mbb and getting an interview as well as passing it are lowkey equally as hard; worst case scenario you are prepared for interviews but get no looks. Analyst 1 in Consulting
+2 I know someone who interned at BNP last summer in AFS. It is a very interesting space. They said that the culture is nice and the hours are chill than traditional IB (M&A or Coverage) experience. CuriousGeorge63
+2 Meal wasn’t fake, they just did a 180 Analyst 1 in IB - Cov
+2 These are for North America. kegari
+2 EVR M&A for sure, PJT M&A has a very okayish deal flow (here and there some large cap, but not to the same extent or depth (across various industries) as EVR) Analyst 1 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 Yes. Smoke Frog
+2 Seeing a lot of hate on Oxbridge recently - chill, it is by far and away the absolute top dog without a shadow of a doubt  in the UK and Europe. First_Lien_Larry
+2 I’ve not heard good things about it.  No bonuses for many traders still.  Canada office in total disarray with plan to shutter Calgary. oil_quant
+2 Nice touch my friend. I guess the relationship and repeat deal flow is embedded in the platform for GS M&A. However, the Rx Biz was driven by DL who was poached outrightly by HL.  davani1420
+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 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 Yes similar. In my experience the average product person will do the same or better than the average sales person but sales person in a good year has a much higher ceiling than a product person in a good year. ravena
+2 EVR PCA LondonAssociate 2Base: 120 GBPBonus: ~240 GBPApp bonus materially higher than M&A griffith7
+2 Sell me this pen napoleonhill
+2 And to answer your other question, if there are no good / cheap buying opportunities, then the “smart” investment decision is to simply not buy. Partner in RE - Comm
+2 No computer on your desk. Just a phone, 1-3 deal toys, and a Louisville slugger beside your seat Abusement Park
+2 Gonna touch some grass for some of the people viewing this thread. Peg Leg
+2 Let's hear some EB numbers people Associate 1 in IB - Cov
+2 L/S equity pod shop This year should be 3.5-4m depending on year end Last year 3m Investment Analyst in HF - EquityHedge
+2 Formulaic pay: 20% of first $10mm in firm earnings, 10% of next $10mm in earnings  PM in HF - Other
+2 Congrats! You’re in a little different boat than a lot of vets who transition to an MBA program. Don’t overthink it. Most freshman will not be any further ahead than you. Associate 1 in IB - Gen
+2 Changes as you get older. Cars, houses, country club memberships, where you vacation, how many kids you have, watches, how much you raise for charity etc. MonopolyMoney
+2 Edit: I don't think it's worth starting from 0 anything in fnance, it's saturated. GS under Blankfein
+2 Who are you trying to impress to where this matters? I am assuming u r not getting laid.  Works at Citadel Investment Group
+2 Durham finance is the better pick by far. Seen a lot more Durham students get springs/summers than Bath and Edinburgh. Also why just recruit for trading in the first place why bother with IB first. Dalit.trader
+2 Not entirely sure on all of the aforementioned but pretty sure AEA, Amsec, and GI are all struggling with performance and/or fundraising (4-5+ years of fundraising for a handful of them). Associate 2 in PE - LBOs
+2 American working remotely for a European Family Office. Got laid off b/c CIO left and new CIO couldn't make money 0 Never work for a European  Investment Analyst in S&T - Other
+2 has anyone heard back about a second round? Anonymous12123
+2 If it’s not good enough what are you gonna do? Lie about it? Probably good for Baird and the like   Prospect in IB - Gen
+2 Solid bait. Associate Consultant in Consulting
+2 Generally is there one or multiple wave for these S&T programs? Also do yall typically get rejection emails or just ghosted? Maximizing Shareholder Value
+2 You genuinely sound like a Linkedin NPC wuandale33
+2 Agreed. I’m leaving and honestly have no hate towards the bank, but you can’t pay me sub 100k bonus. Is what it is Works at Bank of America Merrill Lynch
+2 been getting cranked by the bank's terms, so around 7:30 recently. 6-6:30 on Fridays. Analyst 1 in IB - Gen
+2 Try it yourself: pe mvp
+2 any position at UBS, it really is paradise steroidmonkey
+2 Appreciate the advice. As I think through logistics, is it better to notify HR first at the firm I’m reneging on, or reach out directly to the senior folks on the team I’ve been in touch with over the past year? Analyst 1 in IB - Cov
+2 It’s really a shame that a bank with this strong of a  brand and deal flow pays this badly. It’s puzzling how they are choosing to run their investment bank.  RBOB_squarepants
+2 Base is 110k and bonus would be very high, small team and good deals Intern in IB - Cov
+2 American banks are trending towards European-style consolidation (less so now with better banking regulations for regional banks under the new admin). Associate 2 in CorpFin
+2 Email Associate 2 in IB - Cov
+2 Got M&T despite not ranking them high. I may just renege and not show up. Analyst 1 in IB - Gen
+2 A lot of good points in this thread already but I'd double click on this one - AI tools now make it easier to switch between software companies which reduces their pricing power.  kuf135
+2 I'm not muslim but how do you deal with the issue re: debt in your religion? Even on the advisory side, you will deal with debt especially if you do any work with sponsors or larger privates. Associate 1 in PE - Other
+2 dude, y'all are acting like recruitment got so hard. at a semi-target and all the non-retarded people in my class placed really well Intern in IB-M&A
+2 I kinda had the same issue when I was an intern except for me it was because I didn’t drink for religious reasons so I didn’t really go to a lot of the socials the interns had planned like clubbing/going to the bar. allademassive
+2 Jefferies NYC VP1 (ignore title) Coverage  Base 275k + Bonus 275k All in 550k Analyst 2 in IB - Cov
+2 Uhh, well... First off, nobody is blacklisting candidates based on the internship, lol. If anything, it is arguably better to have at least some gigs than have none. survivor007
+2 Yes, I networked, although it was very light as I talked to one entry-level person at each firm (Associate/Associate Consultant/Business Analyst). Summer Associate in Consulting
+2 It’s genuinely one of the worst positions to be in as far as IB groups. The team has ZERO actual deal flow, and is endlessly pitching on stuff they have no chance of winning. Analyst 1 in IB - Gen
+2 Tech is reasonable move. CPDDOUGH
+2 All they mostly do is a logo splash of potential buyers, often recycled with minor deviations Associate 2 in IB - Cov
+2 At MS in another group - super sweaty, shitty culture and very neurotic Associates and VPs with no life outside the office. Would avoid  Analyst 1 in IB - Gen
+2 Guess you are a quant? therealgekko
+2 Very feasible to land West coast banking, and it's quite common to get East coast IB spots as well. Intern in IB-M&A
+2 I interviewed with some ISQ people very recently. I think this is mostly true. yoyoyo123
+2 There is an important distinction here. When you say “growth equity”, there are 2 buckets that look vastly different in terms of appeal and trajectory. Associate 2 in PE - Growth