+2 No, I did it at a smaller firm that paid better than Big 4 (think A&M, FTI, Riveron, etc.), at least at the time. If you're getting true IB experience, you're way better off than someone in FDD. Lester Freamon
+2 In the professional world American brands dominate. Oxbridge doesnt carry the same amount of aura as HYPSM. Every international kid at Oxbridge I know said if they got into HYPSM they would have taken it.  Analyst 1 in IB - Gen
+2 I think you made the right choice for you. WallStreetOasis.com
+2 No it’s not, you just need to want it the most. Keep sending those cold emails twin SeikoSucker
+2 56. BofA RBOB_squarepants
+2 Fully virtual hands down, in person is such a pain Analyst 2 in IB - Gen
+2 Where’s BofA WSneversleeps
+2 Rogo is honestly terrible. Its only real edge is access to capital markets intelligence, but otherwise it just feels like a much worse version of ChatGPT. Analyst 2 in IB-M&A
+2 that's crazy. time well tell I guess how poor Vista returns get then. Analyst 1 in IB - Gen
+2 English as a Second Language  Ie Chinese/Korean MBAs who can barely speak English  Intern in IB - Gen
+2 As someone who started at a LMM firm, this is hilariously spot on Associate 1 in IB-M&A
+2 (1) "The technology is already viable, what the fuck are you talking about? What do you think Starlink is... A critical component of a data center." jl12
+2 All the large platforms have independent PMs who use their infrastructure and sometimes also their capital (if it's your own money, you keep more of the returns), but are remote and control their own operations, hiring, et cp5670
+2 makes sense. hopefully someone else can opine that has a better idea on Asia dynamics. Analyst 1 in IB - Cov
+2 *** ignore title Have literally heard the worst horror stories ever from working there. Incredibly grindy and the founder will work you to the bone. Analyst 2 in IB - CB
+2 A&M is a player in the MM IB / RX IB space. We work with them at my firm. They don’t pitch on a lot of deals, but when they do secure one they pop up on the league tables bc they’re pretty respectable deals. Associate 3 in PE - LBOs
+2 This forum is way too debt happy. $500k is an insane sticker price unless your family is insanely wealthy. I’d rather have that compound in investments. RB2000
+2 I’m sorry, I stand totally corrected johnny-mnemonic
+2 One thing I overlooked - why are you going to these events? Are these consultants and ex / current PE guys looking to win your business? Sell you work? Buy your business? Create strategic partnerships? Deal Team Six
+2 😭first-gen, low income Prospect in IB - Cov
+2 I disagree, I think you underestimate how much you’ll still have to work. I thought VP’s did nothing when I was an analyst too, but now as a VP3 I know that is far from the case. ky9xnsz
+2 I cannot believe ol Jimmy McGuffin  is mentioned by name here. I spoke to him about an AM role last year, and he was rude and abrasive, cutting me off mid sentence. Covid19Brah
+2 I lateraled after about a year, but saw some people in my analyst class lateral after several months. In my experience, and from the others I’ve heard, most of the laterals at the analyst level are through head hunters. Associate 3 in CorpDev
+2 power industry. by far the most useful use case is for regulatory/tax/market research where there is a ton of source material and just need the llm to pull out the commercial takeaways. StJamesPark
+2 They are struggling to fundraise, have only done a handful of deals in the last few years, never a good sign. They have a wierd model with investment professionals and advisors. VP in PE - Other
+2 It’s not bad at all. The reality is if someone (even if it’s family or client) is willing to vouch for you that is a positive signal that they have a baseline level of competency. desertrose
+2 getting into IB is definitely doable at Wisconsin. while it’s not a target, it has a strong wall street presence and alumni who are super involved. xyz.oop5892
+2 rip m&a was overstaffed at junior level with good hours and exits Analyst 1 in IB - Cov
+2 Beyond that, there is much lower beta with generating $2MM per year with a WM book of business vs being a principal / jr partner at a buyside firm that seems to be crushing it. kuf135
+2 My buddy works there and said the cultures great. Maybe its just a skill issue on your part. LongtimeLurker102
+2 Big Short - most entertaining Margin Call - most entertaining from a finance perspective  Smartest Guys in the Room - personal favorite  Trading Places - honorable mention, a classic Anonymous Monkey
+2 Don’t worry too much about the relationships these guys may (or may not) have. DebtChug
+2 yes absolutely yes. there was one offer at a pod that was vetoed by the coach. Intern in HF - EquityHedge
+2 None of my personal friends are interested in finance and all of my connections at school have no clue what investment banking is.  Substack_Guy
+2 "Hourly pay is ABSOLUTELY a good measure [of how much money a person makes]." jl12
+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 Email mid level. Ask for coffee. Offer to go to them. If they offer coffee, accept. If they offer zoom, accept. If they don't respond, email back week later. Analyst 1 in IB-M&A
+2 was same boat as you, also didn't receive RO from hl/jeff this year. was able to land at a diff mm bank this month. Intern in IB - Cov
+2 m​a​​r​gi​​n​o​​f​a​​l​p​h​a what's m​a​​r​gi​​n​o​​f​a​​l​p​h​a? where can i find this? Prospect in IB - Gen
+2 These are for North America. kegari
+2 Tufts Investment Banking Club has grown so much Intern in IB - Cov
+2 There are still funds doing well on LMM/MM software deals (even with multiple compression). MF-size software deals are looking... pretty gross. Are you making as much money selling 2-3 solid small cos vs 1 big shitty one? PrivateTechquity 🚀🚀🚀
+2 As said above, EBITDA - (Maintenance Capex) - Change in NWC. Although tax per se is also a non-negotiable cash out, we typically do not include it for the CFADS calculation. LeBamboo
+2 Don’t know a ton about the fund itself but am in the infra space and see them as a strong competitor (ECP / GIP / KKR / APO type). Analyst 2 in IB - Cov
+2 I did list some books I swear by here, but for the expanded mind type stuff here's some good ones usernameladiesman217
+2 I am a bit far out from new grad recruiting (ignore job title) and have gathered enough information on the job to make the following inferences. Analyst 1 in HF - Other
+2 I sent intel my resume once but they never called me back  IsItREPE
+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 ojapar20Exactly. CRE
+2 - Research Analyst in Research - Other
+2 The vast majority of these comments absolutely check out and they are absolutely 100% wrong. VP in IB - Cov
+2 Can confirm, I think I know who you are talking about Analyst 2 in IB - Gen
+2 Thanks for the insights. Returning to running a much larger pod sleeve (think 3 yards, with $150mm drawdown limit), how do you typically structure your book in rates, fx. vainFly
+2 The Lower East Side isn't particularly dirty, so not sure where that's coming from. Ozymandia
+2 Can talk to MS SF. If you’re talking exits, it’s just as good as NY my class went to various MFs across verticals. Culturally I enjoyed it, good people and more casual culture than NY. asdf1248
+2 I suspect that you are not being hired for other reasons.  If a prospective employer was going to make a decision based on your resume, they wouldn't be talking to you in the first place. Ozymandia
+2 ojapar20Calling AI a bubble is literally a retarded take at this point. Ozymandia
+2 "This administration" in the US has 2 years to go, it won't be around forever. And by the way, capital is pouring into the US under this admin. MMPM
+2 If you have an entrepreneurial mindset and want to grind, start a business. That's how you make real money and work for yourself. Associate 3 in PE - LBOs
+2 William Derrough mustve done some bad things to you Analyst 1 in IB - Restr
+2 To this point - as someone who was at MBB, I definitely think you should take Google. SearchLookFind
+2 Last line in the article "Goldman Sachs spokesperson Tony Fratto told The Post in a statement: “Goldman Sachs media relations did not approve these interviews.” LMFAO 2and20
+2 Intern in IB-M&A
+2 Like, writing didn’t make people less smart just because we stopped memorizing everything. Ozymandia
+2 CRE mdwsteq
+2 I’m in a corporate IRO role and interact with HF AM and LO, and top long only is one of the most desirable seats because of that structural decline. premia
+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 Dude, start looking. Burn out is a sign that it’s not for you and it’s a bitch to shake. Save PTO for interviews. A business would be great and you understand the financial mechanics. Ehmerica
+2 U got issues get off this site it’s sad Analyst 1 in IB - Gen
+2 Maybe not 'most' or even 'more' technical over any other candidates, but I think its important to note there will be people that challenge others for various reasons, and social media does a bad job at communicating this.… Associate 2 in IB - Cov
+2 Ignore title - currently An at MS/GS/JP but know people at both GS TMT and Q Cioxamal
+2 I don't think it's a path to a higher net worth if the comparison is staying at VC fund vs staying at MF PE fund. Both are hard to advance and may require lateralling around. However, the VC path is higher beta, i.e. kuf135
+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 Not on a systematic desk but understand data flows. Ultimately, figure out how to optimize the infrastructure upfront. Critical to remember future proofing as well. Ehmerica
+2 I think the key difference is in the fundless model you have to be doing deals consistently. One deal every 5 years won't cut it, but if you're writing one or two checks per year you start to see the returns compound. Associate 1 in PE - LBOs
+2 Good question. Yes, I would. Leaving the corporate world and bootstrapping a business was an extremely formative experience that I think I did at the right phase of my life. dedline
+2 I'd say it depends on the type of business you want to start. If it's consumer driven party planning platform aimed at college kids, then senior year of undergrad isn't too early. Determined
+2 I have a friend who went through the 2 year program and ended up landing a sweet gig. Seems like a sharp group of guys. Analyst 1 in RE - Other
+2 From what I saw on LinkedIn a lot of European master students huhhghhbbgghhh
+2 i would take northwestern cuz of buyside placement but realistically you're gonna get the same job from both schools lol. i have friends from high school at both schools and they placed well. Intern in IB - Gen
+2 I was waiting for someone to make a post about this. The pictures are insane and look so dumb, but I might be egotistical enough that if someone wanted to interview me I might have trouble saying no  Zyns_And_Excel
+2 Don't focus on IB recruiting. Both will get you a spot at a top firm as long as you put in the smallest level of effort. The cultures of each school are very different. usernameladiesman217
+2 The perk is you get to question your life Intern in IB-M&A
+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 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 It lets people get away with the bare minimum without risk of being fired usernameladiesman217
+2 Interesting Prospect in IB - Gen
+2 Thanks man that's fair. To be frank my case is a lil different - got personal issues and I'm a sophomore in college. Just went through the 27SA process and had a few mid placements. Prospect in IB - Gen
+2 MS, GS JPM, BofaCiti, BarcUBS, DB, JEFF WF, Santander The EB's don't really have dedicated sponsors groups given lack of financing as well as more eat what you kill models  Analyst 2 in IB-M&A
+2 None. Not even FIG davani1420
+2 There are two very different types of Gen Z kids in the office Soros_
+2 Bump. Fast and Fiduciary
+2 This is the thread he's referring to: PrivateTechquity 🚀🚀🚀
+2 You should never talk to her again and find a better source VP in PE - LBOs
+2 If you're genuinely considering Madrid, it definitely makes sense to connect with a few headhunters — especially before you start applying to specific funds. kelvinmadris
+2 Associate 1 in Private Creditremoveyourf1key removeyourf1key
+2 Men don’t want to read or watch anything female centric, don’t take women’s opinions seriously or any female specific issues whereas it’s the opposite with women. GS under Blankfein
+2 I think keep doing what you're doing. you will pick up the modeling/deck stuff with time as long as you are somewhat trying / not completely checked out because it's frankly not rocket science.  Analyst 1 in IB - Gen
+2 They are boring when you're new and just taking notes. zzfishstick
+2 Facts. the industry chews them up and spits them out bad to the point where many women are not nice towards more junior women speaking from personal experience. Analyst 1 in IB - Gen