+2 AKKR’s edge was never just cheap proprietary sourcing (though that's also an edge for them), that’s gone for everyone. Their real alpha is buy-and-build + integration in vertical software. Associate 1 in PE - LBOs
+2 Because it's a salaried position. You don't get paid overtime on salaries. Analyst 2 in IB - Cov
+2 Most of the Covid shutdown happened in 2020 while trump was president CntrlShiftDown
+2 CB - being coverage - is more relationship-driven, while DCM is more technical/analysis-focused. Analyst 1 in IB - CB
+2 I understand that the debate does not exist most of the time in DL and there is much more of a focus on deploying just to maintain a sponsor relationship, which can lead to sloppy underwriting (very similar dynamics to BSL Intern in IB - Gen
+2 first of all, I have a frozen peak account with my main deck being made of level 8’s and whatnot. Levels don’t matter as much as the deck does. RestIess
+2 You can check out municipal finance. Its gets frowned upon, but you can make 500k-750k pretty easy as an MD there (more if you pick certain sectors) and find a client base that fits your target work/life balance. splitaces
+2 Sold list. Fun fact: One of co-heads at SOLIC is the former head of RX at Lazard terminated after only a few months in due to...off brand activities. VP in Consulting
+2 Wharton in the same bracket as “university of Melbourne” has to be criminal Analyst 1 in IB - ECM
+2 Strong profile — GPA isn’t perfect, but experience and impact matter more. Think getting accepted to all three unis you mentioned is safe. Sell your story, grades are secondary. andrevc
+2 You’ve got a strong foundation and a clear sense of what drives you. andrevc
+2 Unfortunately I think the real answer to this is firm dependent. I’m at a fund around the size you’ve described and we have an analyst program. VP in PE - LBOs
+2 I was being hyperbolic, but also, I was imagining a Cleveland, Columbus, Indianapolis, or Detroit rather than Chicago which is more of an outlier in terms of Midwest cities. Senior VP in CorpDev
+2 NASA's lead X-59 test pilot Nils Larson was at the controls in the single-crew cockpit for the flight, Roussel said. RestIess
+2 attempting_doingmybestLol. Elitist enough for banking, would do that RestIess
+2 Republicans answer this question correctly challenge: impossible Who was president in 2020? KoolAidManOHHHHHYEAHHHH
+2 Here it is. Let's hear all you couch warriors claim that YOU would have known she wasn't going to hit you, wasn't going to kill you. Corp_titan
+2 Good point and therefore should get a bullet through the head by a federal agent not following proper-law enforcement procedure ur on to something big here. Gold-ManSacks
+2 Public finance exit opportunities are limited, but you can still do it because you will be at a bulge bracket in New York. Associate 1 in IB - Cov
+2 Yeah, and I would say you are probably looking more at style of shop as opposed to going from a GS/JPM/MS to a WB/WH -> you are probably going to have to jump to a little less brand name bank.  PeRmAnEnTiNtErN
+2 That isn't bodycam footage, she doesn't ram the agent with the car (the phone footage moves because he is holding the phone and uses his hands to reach for his gun instead) and "sassiness" isn't something you get shot over CRE
+2 Prospect in IB-M&AWhat platform have you tried for AI partners? YourMom.AI CRE
+2 Cathie wood midwest_analyst
+2 bro what? what cheapass firm only let you get $100 off reimbursement for transportation? you paid for a $220 plane ticket and they said nah $100 max? name and shame brother Associate 3 in IB - Cov
+2 Assist. VP in PE - LBOsHow bad has performance been Works at The Family Office
+2 Maybe I am biased because I am in tech PE, but I think AI potential and integration more than justify 2x the multiples. Associate 1 in PE - LBOs
+2 Glad to hear it man.   Deal Team Six
+2 Following, currently a PE ASO1 who had a much better experience (and lower hours) in a good-culture IB group. Associate 1 in PE - LBOs
+2 given it’s mostly EBs and BBs who sponsor. Me and many classmates of mine at MBA just wouldn’t have gotten an offer if we were international as many of us targeted those firms but landed MM or industry boutique. Associate 1 in IB - Cov
+2 Seconding the opinion that appraiser is a great background for REPE. I'd say particularly for the portfolio management side of things. Associate 1 in RE - Comm
+2 Use the Breaking into Wall Street pharma modeling course, it’s super solid and is great preparation  Analyst 2 in IB - Cov
+2 I know you are a legit poster on WSO. So not that I don't believe you but can you give 1 or 2 examples of margin improvements in the companies you are involved in? neil88
+2 1) Apollo doesn’t have an undergrad program for flagship PE, only FIG PE, which isn’t comparable to NAPE/BCP/KKR APE. Warburg should be the 4th MF here. Intern in IB - Restr
+2 Exact same view here. I didn’t know what I wanted long term beyond broadly staying in the broad business world, so I optimized for keeping doors open. Associate 1 in PE - LBOs
+2 Add MLP and BAM to this list? Analyst 1 in IB - Gen
+2 You know "plenty" or you know 1?  And are they actually in front office roles or are they just doing appraisal for a private equity company?  IsItREPE
+2 Where does cre banking/ lending fit in this mm2473
+2 CPMA's15
+2 Blair without a doubt Associate 1 in IB-M&A
+2 That’s an incredible write-up — honestly one of the most grounded and brutally real takes on PE I’ve seen. The points on sponsorship, communication, and not over-identifying with the job really hit hard. andrevc
+2 Yeah your point is well received - I know the PE jump is far from guaranteed, but I find it helpful to really ensure that its really what I want on the other side.  jones1761
+2 It's one for all fsm4326
+2 HL RX is clear #3 and leagues better than LAZ/PWP RX PJTesus
+2 I don’t disagree that AI in its current state hallucinates and is not a direct replacement for people but how can you say no one is willing to pay for it? kuf135
+2 It's an extremely strong lateral platform: blue chip names on the resume --> BB/EB post first year.  Intern in IB - Cov
+2 Copying from another thread but still applicable: Associate 1 in PE - LBOs
+2 Are these for PE only or does that include Private Credit / Secondaries? Analyst 3+ in IB - Cov
+2 Know this team well. They hired MDs across both coasts, have made some acquisitions of other banks and are trying to launch their investment banking arm similar to EYCA, Deloitte CF etc. Associate 2 in IB - Cov
+2 No he only goes for girls who currently have a boyfriend. local_finance_bro
+2 I’d say Corporate Banking/CIB positions could give you kinda what you’re looking for depending on the bank. Associates at my bank base salary is $150-180k I think? Not much light on VP salary but would expect 250-300k Analyst 1 in IB - Gen
+2 A lot of strategics are aggressively using M&A to reposition themselves for an AI-first world and to deal with accumulated tech debt. That alone is creating meaningful flow. Analyst 1 in IB - Gen
+2 Nyu has been placing great over 80 kids this year FortPill
+2 Keep a log of all the interview questions you got and drill them - all these interview processes are more similar than they are different. Keep drilling on LBO practice models and technicals. Associate 3 in PE - LBOs
+2 Personally this doesn't make sense to do with the loan. Why not just invest your family's proceeds alone minus the different that your scholarship doesnt cover? This is still quite lucrative with minimal downside. Raijin
+2 If you’re looking for the best digital marketing agency in Faridabad, a few local and NCR-based teams often come up, but one I’d personally recommend checking out is thavertech. satyammishra
+2 Follow your passion. You’ll be happier and if you go on to be an airline pilot for one of the big boys you’ll make good money. AngelOfMusic
+2 Depends on where you want to end up down your career. moneylover
+2 London based here and I have done 3 years in banking and 1 in PE. Associate 1 in PE - LBOs
+2 Things will get better 6-7 years from now. Bron will enter the 5th peak of his career. RestIess
+2 etonharvardReddit im afraid. Best not to ask too many questions on WSO... TheFunkyMunky
+2 Thank you for this great reply and your time - I'll address a few things: petrainingprep001
+2 UK clubs underrepresented here - Oxford Alpha Fund is not the only good club in the UK. CapitOx, CAMSIF are also huge names, look at committee placements for proof of this anonymousmonkey101
+2 I’ve used Feasibility.pro on multiple projects, and it’s definitely more than just a convenience layer. AbdulShamim1
+2 Thanks a ton for this Bayesian - I've actually followed your posts for the past year or so. I'll go point by point: But why doesn't my background really matter, in that sense? petrainingprep001
+2 Also in the Big Pharma space. I think the move to HC IB is feasible, but ideally after an MBA to land an MBA Associate role. Director in CorpStrat
+2 Just to clarify, you’re saying that it’s annoying that transfer students are working harder than you to place? You just sound like a loser. Maybe try harder and stop complaining. Associate 1 in PE - LBOs
+2 Have a few friends in the analyst program, and personally work in MF tech investing. It’s very sink or swim. If you’re well liked by a partner or multiple partners, you will get excellent training and mentorship. Analyst 1 in PE - LBOs
+2 It can be sweatier, but you have to diligence the firm. If you are working at a frim and lets say a management team takes you a month to get you everything then you have a month + some time to draft materials. PeRmAnEnTiNtErN
+2 Determined Ferris Bueller
+2 Strongly recc NOT working at UBS Analyst 1 in IB - Gen
+2 Hi Mate,  Thanks for taking the time to put yourself out onto the forum and offer up time out your likely hectic schedule to answer questions that students based in Australia have.  gung
+2 BofA bonuses? Analyst 1 in IB-M&A
+2 congrats on UBS ecm! Intern in IB - Gen
+2 RCJ92What is the issue with referring to women as females? It’s bullhorn that someone is a manosphere chode.  CRE
+2 Beyond “IBD”, you’re not saying what exactly you’re targeting, so I assume you want to break into M&A in DACH. Chimchar
+2 OP here. Haven’t really enjoyed the move to buy side as much as I thought I would. All I ever heard was “PE IS PARADISE” the last few years but I miss the sellside quite a bit. Associate 1 in PE - LBOs
+2 I would say it really varies A LOT. For a cash equities or spot FX trading role you need very little math, as the products you are trading don't require complex modelling. DerivativesRiskEducation
+2 Top and bottom tiers are accurate.  RBOB_squarepants
+2 Wait she was smiling? You’re right that changes everything she deserved to die eatbitda
+2 There's almost no downside to asking. Count WACCula
+2 Pretty sure a lot of "I am not a “Chad” nor am I very attractive but given I go to the gym 4-5 times a week, work in finance in New York" will give you great advice! Intern in IB - Cov
+2 IMO you can go out more aggressive. What are you proposing on cost overruns--pari passu 90/10 or something else? That is one of the most critical business terms on a development capital term sheet. westcoastq
+2 Really? Because this just so happened to be how I got my first PE associate role and how I got lateral opportunities thereafter. Associate 3 in PE - LBOs
+2 Dr. Rahma DikhinmahasGotta love the white collar keyboard warriors who turn into technical experts everytime something happens in the news.  IsItREPE
+2 Admittedly, my comment was a little curt without much to chew on. john.newton121
+2 Not insane at all — sounds like classic “maximize cash, minimize headache” mode. A lot of people do a short IB stint late in their careers for exactly that reason. andrevc
+2 Under what circumstances is the industry “dying” to you? The industry is cyclical but deal volume has generally increased (albeit slowly) over the last 20 years? Works at Goldman Sachs
+2 UVA has been unreal this year. Basically every other post I see on linkedin. Intern in IB-M&A
+2 Do you mind shedding some light on your first deal or perhaps the deal that made you think "Yup, I can quit my job and do this for a living?" What was it? What was the game plan? How did you finance it? Fred Fredburger
+2 I’ve personally always been more focused on private markets (longer time horizon + control), so I haven’t optimized for the HF path. Associate 1 in PE - LBOs
+2 Please stop commenting on funds that you have never once interacted with, intern. Your comment history ranges from a Point72 SA comment to opining on funds as if you’re in the industry. Pretty funny. Analyst 3+ in HF - EquityHedge
+2 BostonCREdude Ozymandia
+2 This you? LOL anon1019
+2 Good job changing your comment after you realize that it was totally inaccurate and overblown. Maybe AI can help you reason better, or handle adversity? Intern in RE - Other
+2 Not sure why this is getting downvoted—energy/hc at JEF are definitely a step above other groups at the firm Intern in IB - Cov
+2 if anything this is the time to do it before you have a wife and a kid and a goddamn mortgage jo_x11
+2 Finding people who share a hobby has helped me stay dedicated. Greenspan's Panties
+2 Rule is usually don't live East of Aldgate (turns into another country), unless you can do Canary. If you do a flatshare, probably best to look with other finance guys with similar hours to minimise disruptions.  Analyst 1 in IB - Gen
+2 Definitely not too early to start networking. Prospect in IB-M&A
+2 Level: VP Institution: c. £5bn AUM  Group: Direct lending (MM) Location: London, UK Hours: 50-60 Base  / Bonus : £140k base, £90k bonus Halpin11