+2 It’s tough to Gauge… Associate 1 in IB-M&A
+2 Used to work for a small regional family run operation. Very boots on the ground. You can tell it was very stressful for the owners. I know one of them had high blood pressure. His son had sleep issues. VP in RE - Comm
+2 There are two very different types of Gen Z kids in the office Soros_
+2 Get a load on this guy Associate 2 in IB - Cov
+2 Hi finnflash, fellow Finn here. Congrats on the HSG offer, did you take it? I highly recommend HSG over Imperial even if you want to work in London. The financial cost is brutal if you don't have family money. pfandbrief
+2 Bro turning down a return in this market is crazy Prospect in Non-profit
+2 Netflix for prisons. Captive audience = recurring revenue. Subscription model. Capital light. Large TAM. high value (lots of free time). Revenue highly predictable (particularly for felons).  Works at Citadel Investment Group
+2 havent been successful at all either with a fairly competitive resume Analyst 1 in IB-M&A
+2 The basic plan is that it's an existing 4% deal with affordability expiring in 5–7 years, supported by soft funds. The Real LGS
+2 I think the most important things in order are: bank, school, group (assuming you aren't in a capital markets group), and GPA. Associate 2 in PE - LBOs
+2 BNP return rate is ~50%. What desks are you interested in? jbgz23
+2 IMO: best are regal and industrials on coverage side, M&A and levfin on product side  Intern in IB - Cov
+2 somebody call the circus manager, the clown has escaped again Intern in CorpStrat
+2 The perk is you get to question your life Intern in IB-M&A
+2 What have you done in operations? Easier to understand what you can transition to if you explain what you've done. What type of startup? A hyped VC backed one?  Associate 1 in PE - LBOs
+2 Yeah I thought I had it all figured out too.  Set up an S-Corp, this is easy.  Then you have to do payroll.  I'm paying one employee, myself, once a year, simple, right?  Nope, it was a nightmare. asmith_1
+2 Plenty of people tranfer into cal and land ib. Example there was a pjt rssg hire and cvp hire a while back IIRC.  Analyst 2 in IB - Restr
+2 okay I'll just shoot myself then Prospect in IB-M&A
+2 My view is the “SaaS-pocalypse” is overblown. We’re not losing our jobs to AI, for a variety of reasons beyond the scope of this reply. mullah123
+2 odog @digitalimmortality.com GoingGoingCaught
+2 Headhunters, college career platform (usually Handshake), LinkedIn, college alumni network, cold networking, etc. Analyst 1 in IB - Gen
+2 Its tricky with meeting other traders. I would just treat it as a normal conversation, but show interest in seeing how they do things and try to relate to them. probably_screwed
+2 VP in RE - Comm Ozymandia
+2 11/12 were nepo or DEI lol a big shot at GS and her kids friends have been 80% of offers over the past few years. Intern in IB - Gen
+2 Thanks Sophia rooseveltfan
+2 i appreciate this. i've tried to reconcile w my parents but i dont think we're ever going reunite again, my aunt has tried to facilitate being the mediator of a repair convo but even that my parents refused. wfl225
+2 Absolutely useless comment Intern in IB-M&A
+2 Thanks so much for taking the time to share such thoughtful advice! I really appreciate you laying everything out so candidly. L_M_33
+2 Had similar gpa from mid-target. Not diversity straight guy not nepo. Got into top bank (GS/EVR/MS level) at top group and got into megafunds then HSW. Didn't network much. You'll be ok.  VP in PE - LBOs
+2 Hey, fresh college grad in event driven pod seat here. Am wondering how important it is to have a strong fundamental background in this field? I've obviously never worked banking so my modelling, accounting, etc. 7895141
+2 Well AM is boots on the ground and in the weeds. It's exactly how you learn to think like a good owner, which is great. Associate 1 in RE - Comm
+2 congrats on finishing the novel! and congrats on working for yourself, that's the dream. wfl225
+2 36 recently became a PM. NW $15-$20M PM in HF - EquityHedge
+2 Background is T20 and 4 years of consulting from a very mid reputation multinational firm with a newer consulting arm that was my first company out of school. Sheeple
+2 Thanks dave portnoy. Based on the IQ communicated by your writing, congrats on Detroit + 1300 SAT + UMich in-state acceptance! Prospect in IB-M&A
+2 Those funds are all scaled, investing platforms with good talent across the board. Too early to say if those recently raised funds will perform well or not. kuf135
+2 Have you heard of crypto ? pbandjpartners
+2 Holy Ross cope jesus. Every ross student astroturfing their school in these comments is insane. In no world is Ross better at placements or the quality of students the same.  Prospect in IB - Cov
+2 poets and quants: Prospect in IB-M&A
+2 If by BB u mean ubs that figure is 50% too high 😩 Analyst 1 in IB-M&A
+2 I would say build your own CTA models, momentum based & try trade if off based there. go_ok
+2 If the LP believes it’s worth more, then they should roll into the CV m8
+2 This lmao gdogmoney
+2 Spreadsheet Sasquatch: hbwesttoeast
+2 Just because some gen z idiot went viral for talking about how he takes meth to get thin cheeks doesn't mean it's mainstream. More than anything he's being highlighted because it's so easy to make fun of him.  PrivateTechquity 🚀🚀🚀
+2 Could play out in a million ways. The process of getting back par isnt a straight forward path. Loans could trade up due to performance etc. company could refinance 1L, do an out of court or an in court rx. Associate 3 in PE - Other
+2 ivey kids are degens bangaisnotsick
+2 Not yet. They had sent an email erroneously that the position had been filled but then received another email that it was an error and they will revert. Not sure if this happened to others. Intern in IB - Gen
+2 If the IQ gap dispears when you block for income(meaning that the income gap disappears when you account for IQ). Doesn't that mean that their lower income is explained by lower IQ and not discrimination? LockedIn Bezos
+2 … you’re in HS right? Surely you’ve learned about Jim Crow, the civil rights and all that good stuff right? DonDylan
+2 Thanks for the reply addinator! And yes exactly, you’ve got it understood perfectly. LendingFanatic1
+2 RV trader/junior PM, not really sure what title to exactly give myself but I do have a well sized book. I can do some discretionary stuff too, it's a macro pod as a whole. I just like the RV stuff the most usernameladiesman217
+2 Associate 2 in PE - OtherThanks for the response! I'm based in NYC, sorry for the confusion, that was why I was asking about recruiting in the US. Associate 1 in Private Credit
+2 I hear you — after 5+ years, it’s normal for the shine to fade. virginiagoffredi
+2 I assume you're at a commercial type bank and looking at a more mid/senior role at a private credit fund? relatively_levered_loans
+2 Honestly I think your profile is actually strong for junior consulting roles at a Big4 in Italy, even as a lateral hire. I would keep this in mind though: virginiagoffredi
+2 That's kind of a grey space IMO. All DUS lenders are subject to the same seller/servicer guide. Associate 2 in RE - Comm
+2 Yes, there are way less positions relative to applicant numbers but also far less nepotism and elitism so arguably more meritocratic (I still think UK recruiting is very dumb). Also, your flow chart is a bit shit. tedwards128
+2 lucky on some investments or does this include vested carry? Math ain’t mathing otherwise VP in PE - LBOs
+2 If you’re coming straight out of an internship and casting a wide net across IB, commercial banking, research, and corp dev, working with the right headhunters can definitely help streamline things. kelvinmadris
+2 Money aside, consider this:  Current London Role Pros: virginiagoffredi
+2 Pretty sure networking doesn't hold much weight Associate 1 in PE - LBOs
+2 Yeah...  what you are seeing is what happens when a business matures. This is why it is important to find a young and growing shop. Not all employers are equal. jl12
+2 this is definitely helpful, thanks a lot. have a few follow ups if you dont mind. Analyst 1 in IB - Gen
+2 Just to make sure I'm reading this right, we are getting half of our normal base pay when working overtime instead of 1.5x? So we are losing out on tens of thousands of dollars??? chimpuser2333
+2 . lollololol
+2 asdfghjck123Anyone news on when SD decisions will be out? any update on this? MissMissMake
+2 You're thinking about it the right way. It sounds like you're pretty set on not going for it.  ABSurdity
+2 Can definitely confirm that the culture on campus does not revolve around IB. Vandy’s stronger in consulting - definitely target for MBB with tons of events and coffee chats on campus. recreational.ears
+2 This answer, as weird as it feels, is one that is 100% ok to have "rehearsed." Obviously don't want to sound like a robot but you don't need to act like you're coming up with it on the spot. Prospect in IB-M&A
+2 You should definitely insult their accent while you are there. Locals love that.   PokerSlopWars
+2 If you have the conviction go and build now. You’ll learn more anyway. Each stage of building a company is different. If you shadow Series A, you’ll see what works for a Series A-type company with traction. Works at Goldman Sachs
+2 Perhaps it has changed since I did it in 2021 but it is a pretty straightforward infra/energy modelling test + case study. princebillymahdiwright
+2 You're not OP retard Associate 1 in PE - Other
+2 You just need to widen your net. Similarly I exited IB and took a break before getting back in. bzfracas
+2 How early in your career did you feel certain that you had the chops to do well in the industry and what did that subjectively feel like? Analyst 1 in IB - Cov
+2 went through the process so i can shed some light. Intern in IB-M&A
+2 Your edit actually made you seem even worse. Not only did you make several poor career and health decisions, but you clearly have no empathy for anyone else and lack basic leadership skills. Works at Citigroup
+2 i interned at a boutique consulting firm sophomore summer, then at mbb my jr summer and am now incoming mbb ft - my advice would be to mass apply on handshake as that is where i got my boutique internship! Intern in Consulting
+2 Lol that's a hard and vague question to ask, but in terms of prime desks, they're same tier as MS/GS/JPM (speaking for APAC) while for algos I would carefully put them as top with MS/GS. EQD slightly behind those 3 BBs. Associate 1 in S&T - FI
+2 Mate does "you have a chance of joining" mean that you just applied, or have they moved to interviews already? Analyst 2 in PE - LBOs
+2 Taxes and Insurance are about $2,700/unit. Utilities add about $1,500/unit. No elevator. No security. No amenities. valueadhd
+2 most pe funds have their pick of young, ex-IB kids with t20 degrees and solid pedigrees, i think you may have to just to find some mom and pop lower middle market fund with less choices or requirements and see how it goes K5JbYq3Zg2MvXw4L8HpR7TsE6FnU1DcO0AaSbWxPdQzCfGjViNhTmLoIrY
+2 lol who cares Incoming Analyst in IB-M&A
+2 Removing DEI from board selection is a bold step. I wonder if this reflects a change in internal strategy or is more about optics and regulatory considerations. huanlamunov
+2 F that. Got to expose them for the frauds that they are especially with all the mismanagement. Associate 2 in IB - Gen
+2 The Promote podcast is solid. Capital Allocators if they have a real estate focuses guest on.  HopefulMogul
+2 FWIW I can confirm this behavior of Abi. Beware of her! It's 2Y later that I am commenting but the attitude has only gotten worse monkeychimpchamp
+2 Any insight into how these two stack up against Moelis RX? Looking to lateral and have had some headway.  Intern in IB - Gen
+2 Good for you for wanting to make the switch to development. It will be like going from 2D to 3D. douglasmoreland
+2 Spend time on Linkedin and with contacts to see how people from that role have exited. If you don't see the outcome you want dont take it. VP in PE - Other
+2 I hear you — and you’re right, the analysis is intentionally oversimplistic by focusing on the peaks and how long it takes to catch back up. virginiagoffredi
+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 Ignore it man I didn’t give a shit about stocks and was in the same type of PE firm as you then got my MBA and went to a SM and it is a lot of fun. 1y on the job but night and day happier than PE. Analyst 1 in IB-M&A
+2 I haven’t attended yet, so take this with a grain of salt, but HBS’s academically intense reputation seems true, with caveats. sytycd
+2 This is a good comment and another good angle to investigate.  regret_tech
+2 Not sure I'm exactly following your comments--by analytics tools I mean the whole suite of analytics that inform experiments, that inform feature flag management, all playing to the same suite of observability. I.e. wallstreetape
+2 Depends on your long term goal and your current situation but for most M&A > Equity Research even though your WLB is significantly worse. financemld
+2 Blair 1000% Teller in Non-profit
+2 I meant the Real User Monitoring and Session Replay aren't really analytics tools, they are for engineers to figure issues out. regret_tech