+2 Ah yes the great wisdom of IB analysts, who know so much. This might be shocking to a prestige-obsessed person like you, but people have different interests. VP in PE - LBOs
+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 Some of the comments above make distressed sound straight forward. I have a few VP aged friends that have done it or tried and failed; it's very difficult.  2and20mnb
+2 This is genuinely one of the sharpest breakdowns of vendor evaluation I've seen applied to app development — treating it like investment due diligence rather than a beauty contest is exactly right. shawnyuan
+2 That's a good question. If you've been in PE, you know the cookie cutter profile that most PE shops are looking for especially in NYC. Associate 2 in PE - Other
+2 Makes sense thanks topchimp4352
+2 Not sure of specifics of your situation but I’d take ER internship personally. I think it will be more relevant work, better for your CV, and more interesting. Analyst 1 in PE - Other
+2 A bunch of random observations and hypotheses: Analyst 1 in Consulting
+2 Cathie wood midwest_analyst
+2 I see what you mean in your first two points, and while I see validity in the latter half of these first two points that you make, I think it isn't a concern, and these rising requirements will eventually normalize. invessttr
+2 I agree with SaaSchimp. I would add as a reason that you’re deploying successfully and that’s really all that matters right now. It’ll be very easy to be sidelined at the MF or to simply not deploy.  VP in PE - LBOs
+2 Am an incoming SA who really likes tech as an industry, so would love to learn more about the group. Have a few questions: Prospect in IB - Gen
+2 FWIW, I don’t think the back-channeling that others mentioned is from recruiters. It’s from investors leaking to their network (“going to go tell my friend that his associate is interviewing at my firm” situations). SaaSChimp
+2 I don't get these figures. Are they all tech, startup or PE-backed roles? I'm at a public F500. 4 YOE in IB (no PE) and am getting only $150K all-in currently...albeit at a LCOL/MCOL area. Associate 1 in IB-M&A
+2 $35 in-office dinner stipend if working until at least 8pm (+ lunch on weekends if working in office). Uber home after 9pm on weekdays. Analyst 2 in IB-M&A
+2 Interesting thoughts. sultanoflondon
+2 O&G and RX, when I recruited, seemed to have the most technical and industry specific interview questions 87thStreet
+2 100% agree with this take.. the largest funds today (RA, RTW, Baker etc) are too large to find enough high conviction opportunities and build meaningful enough positions that actually move the needle for them. Research Associate in HF - Other
+2 I did not assume anything. I went solely based off of your words. CupO'Joe
+2 I agree with most of this outside of your part b. I've worked at late stage startups / unicorn + smaller corporations that had startup environments and I learned a ton. Business School in CorpStrat
+2 Make sure you’re refreshing your context window. If it gets to the point where you need to be reminding it of anything, you should’ve opened a new chat a while ago Associate 2 in PE - LBOs
+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 Posted twice by accident. Sorry! fikokij630
+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 Someone clearly has it out for FTP Prospect in IB-M&A
+2 Morgan Stanley Bankers are the reason Elon was able  to fund his endeavors. if it wasn’t for Krishna Rao, Anthropic would’ve not scaled so fast.  NahFAM69
+2 LMAOO this guy is definitely rage baiting. “Little man” cracks me up Analyst 1 in IB - Cov
+2 for reference p.s. won't happen OP GS under Blankfein
+2 It's an extremely strong lateral platform: blue chip names on the resume --> BB/EB post first year.  Intern in IB - Cov
+2 Sounds like a terrible idea if I’m being honest. Work is just work, nothing fulfilling aside from what you’re able to do for your family and others with the income. Amazon Prime
+2 Depends on what you want out of life. Recently left NYC after my analyst years to have WLB and start a family sooner. Sounds like you’re committed to PE, so having kids soon probably isn’t a great idea. Associate 1 in IB - Cov
+2 It really depends on the deal type and situation. LPs want to derisk their money as much as possible and don't usually come in putting entitlement / predev money in before knowing you can actually build what you want. RE_underwriter21
+2 delete consumereverything7
+2 kardycuiTechnically this can be done already... No it can not. Stop it.  CRE
+2 The most important thing at this point in your career is to have a strong mentor that is willing to take a risk on you.  Determined
+2 UK based so appreciate there are nuances due to brexit, however, a close friend of mine that has flown small planes from the age of 15 didn’t get a first officer seat until late 20s despite doing relevant degree and at a g ACATS
+2 "Going to get flamed for this but looking for actual answers - what actually makes a non-dividend stock worth anything?" jl12
+2 Wrong forum to ask this question, everyone here is wagecuck wanna-be elite yuppie who think they're reaching the pinnacle of the corporate ladder doing finance in NYC. Associate 3 in PE - LBOs
+2 None of those are possible unfortunately. MiM at LBS and LSE is easy to get in. However since you have 0 internships I'd recommend a 2 year one (hec, Bocconi, escp or similar). Prospect in Acct - Other
+2 Jefferies Houston has a really good culture and protected weekends wuandale33
+2 it's not unheard of, but how you go about it matters more than the switch itself. don't interview behind your current group's back. LedgerShelf
+2 Heavy on the Eastern European language part  alexcokke
+2 “Are all in on this” It’s not a hidden conspiracy, or something we’ve just discovered. It’s done in your face, and it’s been happening for a long time. alex50
+2 I'd think twice about that first variation, the "Piper-PWP"? Someone scrolling quick who doesn't yet know your prestige level might assume you've "paid with pennies", the Piper that is. caustic freebase
+2 It's the MD LockedIn Bezos
+2 I agree with your list but I've also seen CPG, retail, travel/tourism, professional services, and other companies in a variety of industries with a solid corp strat team.  Associate 1 in CorpStrat
+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 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 Do the Vandy to Wall Street program (aka V2WS). It opens up around April freshman year. It is free and open to all, organized by the career center. recreational.ears
+2 saw an offer for ICG on linkedin a week ago. not sure if its the same timeline your referencing but its for sa '26 Intern in IB-M&A
+2 Analyst EW6666
+2 Fucking legendary last sentence Intern in ER
+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 If you want something more “salesy” sales roles within asset management especially on the retail side would be a good place to look. Director in S&T - FI
+2 This is, at best, empirical evidence.  "Reject the evidence of your eyes and ears. This is the final, most essential command." Corp_titan
+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 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 America should, but never will, have a policy like Switzerland, where you have to prove there was no swiss fit for the job (or at least a decent effort at attempting to find a suitable swiss was made) alex50
+2 The unfortunate reality is that for top American schools, family income plays a non-negligible role in international admissions. If you come from a higher income family, you might have a serious shot at the Ivy League. CuriousCalculator
+2 big part of it is. and AQR/ MAN/ CFM papers are the best to learn that stuff. there's differentiation of creative application of that, often in signal or portfolio construction. use of ML etc as well. Macro Arbitrage
+2 Bombed my final rounds for Summer 2025 in March and thought it was over, then cold applied to a last minute internship for a non ib gig at a BB, I networked with the IB team over that Summer, and lateraled internally to t Intern in HF - EquityHedge
+2 And Lehman into the ground before that Associate 2 in IB - Gen
+2 Have any idea about CBS or RSM? AnonymousBanker18
+1 Yes you can go to an EB or BB plenty of people have done it. Just network, write a good blurb on your internship, have good technicals, and get a return and you will have a great chance.  asi123
+1 The “thinks it’s your Fortnite clan name” tier is probably the most accurate part of this whole list. The average person really has no idea what half of these firms actually do. huanlamunov
+1 @jpmorgan.com Associate 1 in IB-M&A
+1 What are you optimizing for? Cash comp? Long-term upside? Lifestyle? Learning? Hard to guide you without knowing what matters.  SaaSChimp
+1 No return offers, no deal flow, congrats on UBS! Analyst 1 in IB - Gen
+1 I was at a tiny firm near Leeds, not big 4. Now I'm at a big 4 internship in EU through my target master, and have a coverage internship coming up.  Associate 2 in IB - Cov
+1 He wasn’t good so it’s fine. I believe someone told me he hadn’t announced anything since coming from MS Works at Bank of America Merrill Lynch
+1 Imagine needing a visa when literal terrorists are getting permanent residency for showing up in a boat with a fake sob story lol PrivateTechquity 🚀🚀🚀
+1 RSM IBA is great. Cheap and very international. You can go there get good grades and then apply to top UK masters. That way you have best of both worlds! boib_1
+1 Definitely not an outlier year- as in we’ve seen this many times before. Moreso just a concern given the current environment with new unprecendted factors. CEO in IB - Gen
+1 Same in capital markets. Prospect in IB-M&A
+1 A1 top ~75k, A2 top 100k+ Associate 1 in IB-M&A
+1 Holy ai slop Intern in IB - Gen
+1 Diogenes is one of the only good answers in here. That guy was a free man in every sense of the word.  ballsdeep singh
+1 Agreed - it still gets things like circ refs, formatting, organization, inputs, and optionality incorrect without strong context and the user already having a clear vision of what and how they want to accomplish something. MrTranche
+1 you must really like chess Intern in IB-M&A
+1 In the same exact situation Intern in IB - Gen
+1 Interesting, perhaps it's very firm dependent but HR basically told you to piss off if you referred anyone (regardless of how strong the candidate was) and you were below an ASSOC. Analyst 2 in PE - Other
+1 With a wife and kids, I’d suggest looking at more family friendly neighborhoods a little bit outside the city (San Mateo, Redwood City, Sausalito / Marin) LBhoes
+1 useless peanunt
+1 luckGrind on cycle prep before you hit the desk  Associate 2 in IB - Gen
+1 Can someone start a megathread Intern in IB - Cov
+1 possible as well. the richmond team is a middle office function; it also is a product group switch Intern in IB-M&A
+1 Can confirm, MS def sent some superdays. Nothing to be done now though I believe Prospect in HF - EquityHedge
+1 GUGG is better than PWP at this point Associate 1 in PE - Other
+1 Intern in IB - Cov Intern in IB - Gen
+1 Well known Tier 2 firm, founded by ex-FTI ppl primarily. Big in the retail space, good culture and WLB, comp is on the lower end though. Associate 2 in IB - Restr
+1 you guys are so fucking limp dicked SOFRsoGood
+1 Houston return rate is very high. Across banks it seems to be 95% Associate 1 in PE - Other
+1 Comment removed  Tldr: Many shops have an AI analyst prototype  Analyst 2 in HF - EquityHedge
+1 Amazing advice, thank you for sharing your deep knowledge! Alt_F4
+1 I spoke with a buddy in Houston office. Their return rate is 100% even if one kid got caught for full-time recruiting SMU Final Boss
+1 This would have been the funniest of all outcomes. Esque_
+1 Thanks for the response, this is really helpful. One thing I'm still trying to gauge is the magnitude of the tradeoff at the senior levels. RJWToken
+1 what group/office? goop12345678
+1 I used to work with a lot of these single managers who would be the sub funds. They manage institutional money, and I got some weird idiosyncratic and completely not market related alpha strategy that funds would like. Georges Albert Maurice Victor Bataille
+1 Depends on what seat it is. Is it one of the grad programs (specifically P72 Academy/CAP)? Would take it in a heartbeat IF you want to do publics LT. Prospect in IB-M&A