+2 OP update, I did - currently down 40%+. Buying more where I can Works at Centerview Partners
+2 I don’t see the point of this argument… multiple paths can lead to the same seat, but one path is more likely to lead you there / is the parh of least resistance. Would pershing interview someone out of IB / another HF? Investment Analyst in HF - Event
+2 Go back in time and convince your mom to remarry a HF manager. Then you can work at a HF in high school. Analyst 3+ in IB - Cov
+2 All systematic strategies are farming risk premia PM in HF - RelVal
+2 " Does that mean the associates are handling the entire mark up and making commercial decisions around sticking points in the NDA?" Yes.  VP in PE - LBOs
+2 I imagine that a lot of the “IB” / adviser work was just done in house by CVC and Bx juniors. Find it hard to believe that a buyer would trust “AI” responses to DD, or that a seller wouldn’t vet those before they go out. DUnder1
+2 Everyday this site ratifies my pod’s decision to never hire out of the sellside  TopBoy.-
+2 Are you sure this actually works? All these websites are always fake as hell.  michealwilson2
+2 Yeah pretty common, we have a template with riders of language we can and can't except. Does not take very long. IoPio77
+2 Maybe - I needed some way to filter out and in my mind like I said it was a bit of a cop out answer. But regardless, I'd still have it lower for sure. omsos20032
+2 This is not a “pitch” per se, but I would refer you to the Business Breakdowns (podcast) episode featuring Dev Kantesaria where he discusses Fair Isaac (FICO) and also listen to Steve Eisman talk about it. Research Analyst in AM - FI
+2 Dude, chill tf out. For a SA role they probably wont even screen your experiences. They literally only care to see if you are actually a student and that you haven't committed heinous crimes.  nontrgetplz_
+2 The Senior Associate market is very thin. If you don't start performing, there are hundreds of viable candidates who will gladly step up.  TrackRecord_TopQuartile
+2 Hey man, first of all good luck with the process. excelmonkey5410
+2 Have been in a similar spot. It's unlikely to close any doors relative to what you could get now. Most senior PE people are massive pussies and they will respect you for pursuing an entrepreneurial ambition.  VP in PE - Growth
+2 Sounds like you're an absolute grinder - kudos to you. You're not cooked, you just need to be humble; you aren't entitled to an interview. dicky
+2 Their whole strategy is special sits lending. Have 4 funds all dedicated to that. Associate 3 in PE - Other
+2 I think this is a good summary overview Associate 1 in PE - LBOs
+2 Okay then leave or don’t work here? America has an abundance of talent in finance and doesn’t need H1Bs to work in this industry - we only extend these opportunities out of generosity. Associate 3 in PE - LBOs
+2 Tech debt is now a lot worse than it used to be. If your product and workflows were not built to be AI first, it's much more difficult to move at the speed that AI-native software companies move. m_1
+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 Hey! Totally get where you’re coming from — deciding whether to do an MSF right after undergrad is a big move. wirkutskijkarl
+2 Horatio HoratioFor someone curious about this business, what resources would you recommend they read to get a solid overview? Coffee Trader
+2 Why? Your bank will either (1) provide a laptop or (2) you will remote into your work desktop, which means any laptop with a wifi card will work. Associate 1 in PE - Other
+2 Just checking if that's correct: Assumptions: MajesticIvo
+2 Heard the Baird office is good Intern in IB - Gen
+2 Soros_
+2 has anyone heard back from IB Capital Solutions yet?  wsouser234018
+2 Congrats on baird war dog
+2 It’s not morally bad on its face. Just depends on how it’s handled. crazylifechoices
+2 This sounds like a CIB Credit role or a Corporate and Leveraged finance role at a Balance Sheet bank (Truist has a group like this I believe) Analyst 1 in IB - Gen
+2 Gonna answer this by section so I dont miss anything. And don't apologize, happy to help: attempting_doingmybest
+2 Almost all of the hard money lenders are owned by large asset managers because these platforms produce yieldy asset backed loans that the sponsor can shove into securitizations or hold on balance sheet in their insurance c Exec VP in RE - Other
+2 First off, getting poached to Solomon is a joke, to think any part of the execution team would want to even go to Solomon is questionable. But who knows, Floridians are irrational. TanalystAtTirm
+2 How do you know the price if its an undisclosed transaction? larrysellers
+2 Doing exactly this as I type. researchingresearcher
+2 Yes and no. maybe you would get extremely lucky at a no-name bank. otherwise likely not. Edit to make it clear, almost 0 chance you enter IB, focus efforts elsewhere. Horatio Horatio
+2 Don’t even bother with London, your odds of breaking in are zero given your background. Recruit Toronto, it’s hard but very possible if you do all the right things. Prospect in IB-M&A
+2 Jew here. I'm with you.  Am Yisrael Chai. GordonGekko87
+2 Type shit. Determined
+2 Analyst 1 in AM - FI TechBanking
+2 one-ply toilet paper? Intern in ER
+2 Evercore M&A if we’re being serious here tfgf
+2 Had a similar experience during my summer. You may think the Ana/Asso don’t notice, but any chill ones are going to pick up on it. That being said, you can’t do much about it you gotta just let her dig her own grave. Analyst 1 in IB - Gen
+2 They won't be en vogue even then under a democratic regime, this trend feels structurally excacerbated due to AI and tough labor markets hedgehog9
+2 It's small, positive interactions like this that still motivate me to give back to the community after joining here 13+ yrs ago. Determined
+2 Early or late are probably the best approaches. Early builds you the network and you move up by learning to source and lateraling. Determined
+2 Agree. Work in C.) currently and portfolios across the board are ehh but not necessarily 0s. Associate 1 in IB - Gen
+2 I’m not saying it’s good or bad but the thing is a Wharton kid at Goldman and some random kid from a state school at the same firm is crazy. Even look at somewhere like Qatalyst. hankpim
+2 This might sound like a joke but im being so genuine, how attractive you are and how charismatic you are is like half of the battle when looking past baseline technicals. Intern in IB - Gen
+2 I’ve worked with VCs for a while and evaluate them for business reasons. In my experience, the best VCs continue to be the ones with prev. founder or operating experience. luifersponge
+2 A lot of threads discussing this, use the search function on WSO. Analyst 1 in IB - Restr
+2 Look if you want to do finance just go LSE. If you want to do engineering just go ETH. Associate 2 in PE - LBOs
+2 wwanhuHey mate, Thanks for volunteering your time to do this, soft commodities are seldom discussed , a couple questions from me:   Coffee Trader
+2 --- Coffee Trader
+2 Sounds like you did some free work for a developer. No lunch break? I would have walked out PE-MD
+2 Baird industrials is pretty chill. Intern in IB - Gen
+2 Decks/memos/CIM.) find a company you like and diligence it. brownshoes
+2 this attitude is exactly why majority of businesses fail unprofitably. deelcheef
+2 3.5 is totally fine. Leave it on the resume. If a firm cared enough about GPA to ding you for it, they would ask you for it or request a transcript anyways. Mastery 7 IB Shitter
+2 Firm- O&G Major Role - Trading Grad Program Title - 1st yr Analyst  2025 Base- 74K  2025 Bonus- 4.5K (stub year), 12k sign-on Comments - Houston  houstonfin
+2 Used to have this frequently. Carnivore diet. Dont care if u think its weird. Dr Anthony chaffee on YT deelcheef
+2 Prospect in Research - Other Coffee Trader
+2 You should quiet quit and stack a giant safety net / emergency fund, then go full time social media Analyst 1 in IB - Gen
+2 They raised ~4bn; think they are closer to the flat lower UMM names than the rapidly shrinking ones. Not fair to put them next to the Providence, Onex, AmSec, MDP's of the world given fundraising. Associate 1 in PE - LBOs
+2 Probably on the harder side but you have FP&A experience which might prove useful. If you lack relevant internships that makes it harder - I assume you’re not going leave your job to intern anywhere. NeonOyster
+2 2026 is our year! Analyst 1 in IB - Gen
+2 Yeah uh without an actual auditable prior track as a PM this effort will be a total zero. There are PMs out there with the pedigree and track who aren’t even getting looks. Benson Says
+2 RIP M&A and M&T. Don’t touch anything with an M Analyst 1 in IB - Cov
+2 holy fuck people in finance are so retarded margin_calls
+2 Maple Sirup Slurper GordonGekko87
+2 I see what you’re saying. Just to give you a little more color on my current situation monkeyMAN8008
+2 Analyst is broad at most places - what specifically are you doing, I'd guess a mix of economic analysis, asset class research, many supporting some manager research, and/or portfolio analysis for ad-hoc requests? Addinator
+2 techiebankerWhen does the music stop for folks like these? when they want (in most cases when they have enough to retire) jo_x11
+2 Nepotism is good when it benefits you / your kids. Nepotism is bad when it works against you. Thank you for your attention to this matter! VP in PE - LBOs
+2 Hi! I saw this post on LinkedIn and after reading your comment about your parent I had to come here to answer it. I am so so so sorry about it. girlinIB
+2 Hxjdjejwhdbcbdnwjdjchfe SeniorityMonkey
+2 One thing I'd add is that I don't think investors should compare Australian studios with offshore firms on hourly rates alone. The better question is which model creates more long-term enterprise value. shawnyuan
+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 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 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 No. On the contrary. Most banks eliminated DEI SA initiatives this cycle so much more of a meritocratic process imo. Just went thru recruiting for SA27 btw. Prospect in IB - Gen
+2 There is one person here consistently hate posting about UBS under different titles. The guy clearly has massive issues, relax. a.guy101
+2 Cmon we expect better quality hating of UBS, not GPT slop. We know you have the time. Analyst 1 in IB - Gen
+2 Be a normal human that can talk to people - unlike many of these "high quality" candidates from targets... Monkey Badger
+2 Was at one of those funds featured on the zombie fund article. Yes, fundraising was slow, but partners assured us it was market driven and that we’d come short of our target but not far off. Associate 3 in PE - LBOs
+2 One thing that helped me was looking beyond a firm's official careers page. kelvinmadris
+2 VP2 Santander (Product group)275+325 (100 deferred) USDNYC LostWhale
+2 You delivered this point without nuance which is why people are trying to dunk on you. suburban.jay.z
+2 Aso 2 MOE Base: $200k Bonus: $265-$290k Unknown bucket but very pleased with the bonus, Moelis paid up this year Associate 2 in IB-M&A
+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 Not interviewed for IBD, but GCM (MS) a few weeks ago and I didn’t get the impression we were grouped by nationality. Intern in S&T - FI
+2 Bump  ib_1357
+2 Wife is a doctor and now a full-time attending. As long as you genuinely have an interest in medicine (sounds like you do), it's not a bad career at all.  NuclearPenguins
+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 99% sponsor work? not sure where you're getting that from  wujfwibjfbjfj
+2 Already many goood comments, let me add something and try not to overlap.  Analyst 3+ in HF - EquityHedge
+2 No, they were less attractive because they are far behind GS/MS and either have smaller deals or less important roles on larger deals.  Works at Citigroup
+2 Thanks for looping me into the thread. It gets a little nuanced, but the first thing I look at is the order in which the advisors are listed in the announcement. The_Biotech_Banking_Expert