+2 M&A mostly strong on a few big deals where WF was one of a FEW named advisors, and not the lead. So in those cases, nobody at WF is holding the pen on the model. Works at Wells Fargo
+2 Agree with the other comment. I haven’t really seen many Chicago roles offering lower than 180k total comp. Analyst 1 in Private Credit
+2 I was between a MF and a smallish GP and took the GP. I’ve been loving it and the hours are only 50-55. Comp is lower but think I can have more upside on long term. Associate 3 in RE - Comm
+2 Oh dawg LMAOOOO boutiques are a whole different ball game. Intern in IB-M&A
+2 I did something kind of similar. Worked in New York City and Los Angeles before moving to Texas for corporate development and my MBA, but now I  remote online  actually living in developing economies. Manager in CorpStrat
+2 Nice message but clearly AI slop Associate 2 in PE - LBOs
+2 Holding women accountable to the same standards  as men doesn’t amount to hating. Most of you lack the capacity to handle constructive criticism and take things personally. Principal in IB - Cov
+2 Time to GTFU of my EB seeing the BB numbers lmao Analyst 1 in IB - Cov
+2 If you’re not dead set on IB/PE imo choose Sauder. They still place a good amount into IB if you end up changing your mind. farpavilions
+2 Thanks for the reply. I combed through countless WSO threads before i formulated a cold email template. Here is how it goes: Subject: X University student interested in X Firm Hi, RickyDicky
+2 I did PE for 2 years at a MF and went back to banking (BB), both in sector teams. VP in IB - Cov
+2 i chose cornell over stern and berkeley aodifaodfn
+2 Bath is considered an upper semi-target university—comparable to Durham, Bristol, and perhaps King’s—whereas Warwick is generally regarded as one of the six fully target universities for top firms, so I'd say prospects are Lorderic
+2 Appreciate the detailed reply. You’re definitely right that a lot of this comes down to execution. RickyDicky
+2 You really don't know what you are talking about, there are like 75 law firms that pay Cravath scale, and 10-15 that pay higher out of law school. ConsultingKid2022
+2 Must suck for him to have to throw in the towel like this Research Analyst in HF - RelVal
+2 Echoing what the comment above me said: even if you personalized your email and attached your resume, they both could've been bad quality and hurt your response rate. Comb through past threads for good examples. Intern in IB - Cov
+2 Are you getting a 4.0? Do you have a part time job or internship? Are you studying technicals in your free time?  PeRmAnEnTiNtErN
+2 Congrats on p72 smokingdatpack
+2 Sounds like immediate boss is insecure - I can’t see why they wouldn’t otherwise entertain you easing into origination - helps their business grow under them as opposed to compete Managing Director in Private Credit
+2 Think you'd be a great candidate for a 1 year real estate masters (ie MIT, Harvard, Columbia, USC, Berkeley) Developer in RE - Comm
+2 you're the analyst on this coverage. you're closer to the underlying detail than almost anyone else in the room, and running the names is your job. OFFERGOBLIN
+2 How many women do you know that aren’t also vanilla? Like I don’t think there are more interesting women than men in the world.  Works at Citigroup
+2 From where you're at, how over/under stated are the fears about AI and consulting? Should juniors entering consulting be afraid of the future of the industry? raptorsamd25
+2 I am just an An2 in banking, so would love to learn more here and get your thoughts as somoene who has more experience. Analyst 1 in IB - Gen
+2 I think S2 going into industrial is also another bad idea. Ozymandia
+2 Explains so much. I wouldn’t of joined UBS if I knew all this Analyst 1 in IB - Gen
+2 I'm a performance artist who happens to post in online real estate forums /s  asmith_1
+2 I’ve seen people from Big4 Transaction services lateraling to associate positions at places like GS, MS or Citi, so starting your career at one of the shops you mentioned above does not seem bad at all. Associate 3 in IB-M&A
+2 TLDR: LEAVE. More nuanced answer below Analyst 1 in PE - Growth
+2 All 3. I said just level 1 because it's easier and not too distracting on top of working and studying. If you can prepare for level 2 while doing the master's more power to you...  I Beg to Differ
+2 Yes that is too low, honestly I don’t even know anyone at my ivy who got below a 1500. Your competition will be 1560+ tryhards. Intern in IB - Gen
+2 I would definitely lock down a couple key references.  ProbablyEngAnyway
+2 bout tree fiddy Analyst 1 in IB - Gen
+2 Harvard, then Oxford. Then “others”; Stanford / Cambridge etc setarcos
+2 Thx. The morbid curiosity I have for this industry is like no other.  dcfdestroying
+2 JHU -> big fish in small pond which can be an advantage. school leans towards pre med so lack finance/ consulting resources and alumni to coffee chat compared to other schools. bot_banker
+2 Back when I worked at Citi I was touring an apartment and the leasing agent asked me “so what do you do for work?” “Finance at Citi” “Nice, city of Houston?” “No, Citibank” “Oh….cool” Associate 3 in IB - CB
+2 What in the chat gpt engagement bait ProbablyEngAnyway
+2 My PM has been underperforming in my market for the past 2 years now. I’ve been covering the market for the past year. The previous analyst under him left due to anxiety and was underperforming as well. chimpychimp123
+2 Interesting to see how different shops handle this — the “rolling cost basis” approach mentioned above is pretty close to what I’ve seen in practice as well. harryjames
+2 I think it's way better than trying to recruit FT for the maybe 3-4 spots at significantly better firms that would be available. The market right now is terrible, so I would just focus on getting a return. Analyst 2 in IB - Gen
+2 If you are actually at a top target and have average intelligence, average EQ, and put in the work to network/learn the industry/interview prep you will be fine. Analyst 2 in IB - Cov
+2 where do you learn about all the specifics about what is important in industrial?  hard assets
+2 Hi Buddy, aniketverma
+2 Going to give you one clear examples of each that come to mind so it's very clear. Growing UMM: Arcline , New Fund : 26North, Flat to slightly growing UMM : THL, declining UMM: Providence. Associate 2 in PE - LBOs
+2 So essentially either Industrail or TMT Crib22
+2 by prop shop i mean jane street, optiver, sig, etc. these people typically do not leave their jobs or job hop all that much. the people who transition do so when they are interns, but generally they stay put. Works at Citadel Investment Group
+2 You should learn to prompt Claude on your own. This will increasingly be a differentiator and a marketability trait. Investment Analyst in HF - Event
+2 Have seen the same, 90-100% have been fired or "pushed out" in my personal circle / folks I've heard of Associate 1 in PE - LBOs
+2 If you do this you should disclose this to your employer even if it is unpaid because investment banking is a regulated and licensed activity. Associate 3 in HF - Other
+2 as an IB analyst, gotta say that the Indian offshore team for presentations, back office, IT are all god awful and completely useless.   Analyst 2 in IB - Cov
+2 By deep cuts I assume you mean low full-time offer rate? How bad are we talking? Honestly,  not surprising as I’ve heard from some that Guggenheim expanded too quickly  Devils Advocate
+2 I hate it break it to you, but when you claim attribution for ideas or P&L at interviews, many of us don't give any credit. Too many people making stuff up or outright lying. MMPM
+2 Lenovo every day. Their website has great prices, and you can usually combine with cash back with Rakutan. acardboardmonkey
+2 Georgetown grad, grain of salt, etc. 2 years IB and now moving on to buyside. Tossing this in here for any future decisions people have to make. Analyst 2 in IB - Cov
+2 Interesting thread! Coming from a line of business founders and owners, you have to be good at the hands on work. seekinthealpha1
+2 I'm a QD not a QT so I'm answering from that standpoint. Raijin
+2 Yep. You would generally never see the cash component be below some premium to the pre-deal trading price, but the additional securities were ways to edge ahead in auctions. Principal in HF - Event
+2 Some of you guys are either truly cold hearted or just plain morons. Imaging making fun of a guy who, for whatever reason unknown to you, decides to file a lawsuit claiming mental health or PTSD related issues. Research Associate in AM - FI
+2 Your only other choice is to go to corporate and take a pay cut. Congrats on being swindled (I was too) by the fools and Gen X on this forum who claim finance is a decent path in 2025. Associate 1 in IB-M&A
+2 This forum is filled with threads from people doing 100 coffee chats and getting ghosted on every cold email, and you're saying you're 10 for 10 on cold outreach with cohen, friedman, rogers, and more?  Associate 2 in S&T - Comm
+2 Im too busy enjoying my cup of warm milk to get stuck in the weeds tbh dcfdestroying
+2 10% penalty before 59 1/2  Analyst 2 in IB - Cov
+2 You fundamentally do not understand how meal structuring works in the world of IB, big law, and other high finance positions.  If you are working through dinner your frim picks up the tab. PEarbitrage
+2 Finance bros have Raya, celebs like hot guys on Raya. Sun came up this morning. flipcup
+2 They’re selling baseball cards on instagram, great pivot. Charybdis Alignak
+2 It is a decent path for people who find finance or investing interesting. You are paid amongst the top 1% for all jobs as well. Associate 2 in PE - LBOs
+2 you get 15 days off during the year? must be nice HFPM15
+2 In a similar spot. NW Kellogg & Duke Fuqua seem especially good for you to combo with your bio background. pbgrxavel
+2 VP in IB - Cov
+2 It’s not even an evil industry. Don’t convince yourself of that. Just do what’s right to you and you can do so in value creation and pushing innovation forward through increased productivity. newlymintedbooth
+2 The fact that you don't know what poets and quants is means you are new to the whole finance/business thing. Learn a thing or two.Stern is leagues harder to get into... not even the same class lol. Intern in IB-M&A
+2 Age: 30 YOE: 8 Title: Analyst (HF) 2Y IB 2Y PE 4Y HF Fund Size: $2-5Bn in T1 City Base: $200 Bonus: $200-5000 Analyst 3+ in IB - Cov
+2 the ush - spinal surgeon, neurosurgeon, LO PM. DAFA
+2 Brilliant response. I’ve been fortunate to work with senior producers who have done incredible things—the common thread is great partners. They rinse and repeat. cpgame
+2 Not like I'm in admissions, but I think everyone applying to the program has finance experience & wants to be a banker. You've met the criteria; your essay and then interview matter more now. pbgrxavel
+2 I don’t work in the field, so take this with a grain of salt, but it seems to me like if your friend wants to go into any public markets investing role (LO or L/S), he should go for the Fidelity/Wellington type offer, as t TheFunkyMunky
+2 Not at either of the two, but know a limited number at each, and based on what I've heard, A&M pays measurably better, but Alix is more stable. Associate 3 in HF - Event
+2 Have to be honest with myself man, I can tell you that I don't regret how i spent these 6 years post grad as I've learned and grown professionally a shit ton, met some incredibly successful and intelligent people, and have Associate 3 in PE - LBOs
+2 this is the funniest WSO post in a minute, I never comment but bro. There’s a chance she even sees this.. as a girl — you should definitely get your money up. limitededition
+2 share with the class then Research Analyst in HF - Other
+2 I didn’t really set out to talk about macro economics over the last half century but we are going to be in a higher for longer environment. Read Howard marks sea of change - that basically explains what I’m getting at. patrick_bateman_
+2 A bad analyst is someone who is not putting in 100% effort, logs off over the weekend and is not responsive, and doesn’t learn from their mistakes. PlzFixThx
+2 Similar to what others have said - it’s mostly PR and fundraising. fuckshampoo21
+2 15 to 20 years ago it might have helped but these days the only way in to macro s&t is right out of school into a top bank's s&t rotation program. monaco_monkey
+2 I will never understand why it’s so hard for some people to grasp the simple concept of sacrificing now to win at life later. crazylifechoices
+2 250 all in as a new grad working typical hours (50-60 per week) on the buyside is standard. If you’re working more than 60 hours or at a more prestigious firm you can definitely expect 300+ as a first year QR. Analyst 1 in HF - Other
+2 Idk man the goalposts just shift once you get in. What counts as “making it” at 22 isn’t the same as 30. Associate 1 in IB - CB
+2 Then leave. It’s not that deep.  Associate 2 in PE - LBOs
+2 Sorry if I wasn’t clear. I don’t have a friend group in both places (except perhaps 1 friend in NYC). Regardless, I understand your point that the onus is on me to make a change socially. Associate 1 in IB-M&A
+2 Not a student but an admit who’s attended classes. dumbchimp55
+2 Vell 🇮🇳 Vell 🤮 Vell 💩 Analyst 1 in IB - ECM
+2 Nah, Jeet. Stay in your turd world country Associate 2 in IB-M&A
+2 disagree with the premise but always like to see original content on this website anonf0fty
+2 ctrl c then in email shift f10 paste as image Analyst 1 in IB - Gen
+2 happens every few years like clockwork. Incoming Analyst in S&T - Equities
+2 First of all don’t lose that money. In a market like this it’s easy to make that kind of money but it’s easier to lose it. pbandjpartners
+2 Why do the UBS people on this forum make everything about their singular firm. WS and the world doesn't revolve around UBS like WSO would like you to believe. Analyst 1 in IB - Gen
+2 I feel like if you can’t make it from Brown, it’s on you. Yeah Columbia prolly a bit better, but not by a career altering amount DRHJG