+2 No one goes to school planning to become a 'real estate consultant.'  Usually you see that title from someone with super-niche expertise (zoning, legal, site selection, engineering, etc) or someone who recently left a asmith_1
+2 which is an insanely basic mistake for someone critiquing the OP's data and conclusions lol Associate 2 in IB-M&A
+2 Holy cow, looking at your post history, you are unhealthily obsessed with ranking colleges. That is just weird man StrategyChimp
+2 FIRE is appealing in theory, but lean-FIRE feels like a gamble on life events and markets — $40k/year isn’t much room for curveballs or fun. Fat-FIRE is more realistic, but requires serious upfront sacrifice and planning. andrevc
+2 Brush up on your debt side knowledge, because owner occupant resi debt is impossible to beat anywhere. PEarbitrage
+2 IMO hard to argue that Apple Corp Dev team strong given they don’t do a lot of M&A (acqui-hires are more contract agreements) and same with Nvidia. Associate 1 in IB-M&A
+2 Not uncommon to feel FOMO — banking has a weird pull. Jumping back in after a couple of years is doable, especially if you can leverage your Big 4 M&A experience. Realistic? andrevc
+2 Yeah, it’s wild — we went from inventing fire to burning ourselves out in Excel. Modern evolution: from spears to spreadsheets. At least the cavemen got more sunlight. andrevc
+2 Situational/case by case. Fundamentally it's all memes. Base question is: is this funny? And then, how funny? Funny enough to watch go up millions in marketcap over weeks? Or more like "heh" funny for a couple days. Raijin
+2 Historically, UnitedHealth Group corp dev gets a lot of deal flow. Strong reputation in the healthcare services / payer space. Not sure how they're doing now given all the scrutiny. Business School in CorpStrat
+2 JJ lives by the motto: sex drugs and rock n roll Analyst 1 in IB-M&A
+2 dollarstrongAlmost impossible without a repayment guarantee to a bank. Other option is HUD if you have time to close it (~9-months) odog @digitalimmortality.com
+2 brianplordSomeone threw doo doo at this comment, mean there is someone on Wall Street Oasis who's triggered by anti-communist sentiment. What a time to be alive. IsItREPE
+2 Found the Argentine peso guy MindYourOwnBiz
+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 Yeah I'm not reading all that JulianRobertson
+2 Does Jefferies want to be or care about being a BB is the more poising question? Some poster a few months ago talked about them being a bit like Bear Stearns in terms of size and presence pre-GFC unders
+2 Bait used to be believable Analyst 1 in IB-M&A
+2 Here’s how it’s playing out in practice, more or less: 1. The trader–quant divide is blurring, but not disappearing Historically: Matteo_VP
+2 Not just Partner. When GGC was dying or Oak Hill was “pausing” or Abry is…what Abry is today or Onex was Onex-ing, maybe 5-10% of the industry would take VP roles at those funds. flipcup
+2 iercurenc IsItREPE
+2 Also in a similar position / have similar views on each of the typical post MF PE paths. Happy to DM but think might be helpful to share any thoughts publicly as well for everyone’s benefit  Associate 1 in PE - LBOs
+2 Jef is in their own bucket, though, will say "all the time" on 1Bn+ deals is a stretch, Jef works on any deals ranging from 100mm - 1Bn+ EV, it's a hallmark of Jefferies. Associate 2 in PE - LBOs
+2 Why not stay a bit longer and prove revenue? missingrayquaza
+2 ride that bull for as long as you can. in the meantime, make your associates and VP's some fucking cookies or something to make them not hate you Mike_wacczowski76
+2 IsItREPEbrianplord PrivateTechquity 🚀🚀🚀
+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 Really depends on the portcos and deals you're staffed on. VP in PE - LBOs
+2 Yeah, I'd figured I was likely uninformed about most of the context, that's why I edited it out. I am not a finance professional yet, after all. missingrayquaza
+2 To be honest, I've seen people continue photography, art, and history on the side as a hobby—often on a much larger scale than a casual hobbyist, because a finance career eventually removes any real financial constraints. missingrayquaza
+2 Team is, as you noted, from MS secondaries (the two new MDs are MSIM lifers who started as analysts and were both IC members), which was one of the first funds to form a dedicated GP-led fund called they called Ashbridge. VP in PE - LBOs
+2 That’s actually very close to how I’m thinking about it. Anonymous Monkey
+2 Usually PM is given a separate budget (with a limit) to bring on a team when starting out, and sometimes that budget is revisited when management wants to scale the business and more is given (top line). PM in HF - Other
+2 Just wondering, how did you go about getting the SM full time offer? MFMFMFMF
+2 I'm calling cap. 100% certain that's what they meant and that you misunderstood.  Analyst 2 in IB - Cov
+2 Strange response Analyst 2 in PE - LBOs
+2 that makes sense, the only thing is I don’t have a very conventional background like I said. I have no IB internships but have 2 yrs experience in retail/commercial banking and WM. misskels.tb
+2 This is what I originally said that you responded to: GoingGoingCaught
+2 I generally don't think any bank will outright replace a lot of people with Ai. usernameladiesman217
+2 Thanks for doing this, OP. I wanted to ask about my chances of breaking into a HF in a Quant role. I have a STEM degree (Chemistry) from the equivalent of an Ivy League in the UK. Associate 3 in CorpDev
+2 Good question — AM recruiting is a lot less transparent than IB, so the confusion is normal. kelvinmadris
+2 Any advice on how to play the political game? Analyst 1 in IB - Cov
+2 This is all good advice in theory but doesn’t work for T1 LOs… they’re fine hiring 2+2s out of MBAs, most of the lateral spots I saw get filled at my shop were filled with hyper competitive applicants with more than a deca Investment Analyst in HF - Event
+2 Maybe, by the time the next analyst class comes in or after that, it might be reflected. The people there right now are probably fine, given trends/how early recruiting is. Analyst 2 in IB - Gen
+2 Yeah, agree with the above. Barings is highly reputable name and will take you farther and it is already on the buyside.  BlackBear
+2 People are busy and if the aren’t working they want to be with their families this time of year.  Associate 1 in IB - Cov
+2 Manager in CorpStrat phillyboy
+2 Well no one cares Gainone1572
+2 Yeah I don't believe the inflation rate was below 2 percent in much of the last decade, either. jayflip21
+2 Just coming off my ASO yrs at a MF and I’m more of an excel vp than a pdf vp, so I can tell you, if you’re from a previous vintage even the early stage IC models now are more of a task than just quick and dirty >100 lin SOFRsoGood
+2 They’ve got there fair share of duds in the portfolio  Associate 2 in PE - LBOs
+2 if you're like my relative, you need to completely reframe what you mean by exercise. what previously could've been 30 minutes in the gym lifting weights maybe now is 20 minutes on the rower/seated bike at a slow pace thebrofessor
+2 If you limit leverage to 70% on a 5 or 7 year tier 2 deal, Fannie gives a delegated pricing break. Each tier (and term) has quoted credit fee ranges which are 40 wide and consist of the G&S fees. Associate 3 in RE - Comm
+2 From what I have learned about Calgary, they tend to look a lot at long term fit and aspirations. mindsetfocus
+2 Don’t understand why ppl are so entitled. Like you are asking an otherwise complete stranger (who are incredibly busy) for their time and a job. Getting ghosted should be the base assumption. Analyst 1 in IB - Gen
+2 Less common. Availability of data and news has made the short term more attractive in many regards. usernameladiesman217
+2 TechBankingAssociate 1 in IB - Cov Works at Citigroup
+2 Lost for words. Good luck to you and those who work with you VP in PE - LBOs
+2 Fabricating as usual. Trump isn’t anti-immigrant, he is anti illegals. Intern in IB-M&A
+2 What did it look like across banks? MandAman
+2 Surprisingly, there is a decent amount of scaled businesses ($5mm-$25mm EBITDA) that are either banked and you were very early to the process by luck to the point the potential acquirer could get a first look which they wo Associate 1 in PE - Other
+2 None of the models in banking are really that complicated. You just take consensus numbers or company provided numbers and flow them into some analysis (that should have a precedent available). Analyst 3+ in IB - Cov
+2 We need more information. The pods are all hiring jnrs like crazy. So much so that some pretty dumb people have ended up getting pod jobs. What type of firms / where have you applied? Analyst 3+ in IB - Cov
+2 Associate 2 in PE - LBOsAt my firm you keep your vested carry.It would be outrageous to lose your vested portion when leaving.. VP in PE - LBOs
+2 so you work at Fifth Wall, cool Principal in VC
+2 Bump. Also curious as to what types of analyst programs they like to hire from. REGAL IB, BB bank RE lending, other REPE, LifeCo RE? yellowmonkey6207
+2 The nepotism argument is a statistical rounding error. Nepo hires take maybe 1% of the seats. Institutional mandates shape the entire funnel. OFFERGOBLIN
+2 Bump for awareness [email protected]
+2 “As an intern you have no rank, no rights. The only thing out of your mouth should be thank you sir! And yes sir!” Investment Analyst in HF - Event
+2 from someone who started in IB and now playing a strategic role in tech. I look to hire ex-consultants tbh - so my 2c MBB will do you good. anonymnous
+2 It’s funny because the issues extend way beyond the academy.  NA in IB-M&A
+2 Sponsors does a quick cash flow model for internal credit approval for LBOs, but doesn’t do 3 statement models for advisory as M&A does that.  Works at Wells Fargo
+2 I like working at a non-bank Agency (DUS) shop. Associate 3 in RE - Comm
+2 You don’t have an edge on anyone. You are in high school… Benson Says
+2 OP here almost five years later. You were right. Thank you for your comment back then, it was silly. Associate 3 in HF - EquityHedge
+2 Do you think they will close the academy down after all these instances? Or is it performing well, is it really finding talent for P72? Because other places are not taking this route right. surge-protector
+2 Tier 2/3 cities are paradise Intern in IB - Gen
+2 Congratulations and fuck you Prospect in Consulting
+2 thehalifaxgroup CRE
+2 Generally agree with comment above with caveat that it is a tactical vs large B/S (e.g not known to take RCF holds, and B/S used for selective deals or acquisition financing). Associate 1 in IB-M&A
+2 What types of SMs have you been reaching out to? No matter how qualified you think you are, if they were high flying SMs, very slim chance. Investment Analyst in HF - RelVal
+2 You're obviously very biased but still everything you say is too one-sided.  dream house garden
+2 I wouldn’t reach out during earnings because it could signal that you have no idea about the cadence of work for the role. VP in ER
+2 When it comes down to brass tacks, IB MDs are a step away from being some combination of salesmen and brokers. Which are a step away from influencers. Angus Macgyver
+2 For sure. All case by case and super dependent on firm. Anonymous Monkey
+2 Any job where you're selling yourself -- so all white-collar professional services basically -- prestige matters, at least for breaking in. PE-biz-dev
+2 TN has always been a loophole and economist title is straight up a lie. Analyst 1 in PE - Other
+2 Covered here: https://www.thepromote.com/p/orbach-gotlib-pull-it-off-signature-vet-ge… newuser99
+2 Curious if anyone here use LinqAlpha and Tenzing Memo? I've been trying them over the last few months, felt the progress of improvement is amazing! elva2sam
+2 That’s fair re wide range although market facing roles do have wider outcomes based on the year you’ve had Managing Director in Private Credit
+2 Clearly rage bait and not taking advice from a "banker" unable to spell ladder — pls fix. Thx.  Associate 3 in PE - LBOs
+2 +1 to @vc_since13 said, it's definitely a difficult path and one that requires you to network a ton and be in the right place at the right time.  Determined
+2 European schools really going strong here. Not too surprising, but expected a bit more presence from London schools GoPikachu
+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
+2 Managing Director in IB-M&APeople think I’m smarter than I actually am. Managing Director in IB-M&A
+2 These LTM numbers from The Deal are completely different. rolo25
+2 Asso 1 / $50 amazon voucher Associate 1 in IB - Gen
+2 Do your work well and quickly. Raise your hand up for additional staffing if you notice you are working less then the average analyst in your group.  Analyst 1 in IB - Cov
+2 Technically we look at all RX consulting firms. Here’s the thing, what we look for is how much experience you’ve got. VP in Private Credit
+2 It was about 100 calls (maybe around 115), but I discounted the ones saying stuff was wrapped up, only hire from XYZ school, just looking to help guide me, call didn't go well, etc. attempting_doingmybest