+1 "Top super target" and it's just stern bruh. Stern is not a super target paulrabil33
+1 Start playing lacrosse paulrabil33
+1 Would build up your resume and go the mba route. Tier ii firms recruit similar to mbb and there are no reliable pipelines from these business analytics programs Analyst 1 in IB-M&A
+1 First step is to round 3.16 to 3.2 Incoming Analyst in IB - Cov
+1 Might be hard to hear, but if you're not getting returns, normally it means you're not performing that well. nutmegger189
+1 My experience might be different - I was a sell-side rates strategist. There was a wave of rates pod hiring in 2021-2024 and I interviewed with many pods. To be hired by a PM you’d have to be useful in some way. Research Analyst in HF - RelVal
+1 I can only imagine you sitting in your desk at home with you family around you thinking “I’m going to school this 19 year old. Watch this!”  WallStMonkeyyy
+1 1. Leverage  your treasury sxperience 2. Networking with alumni through linkedin or email 3. Master technicals early  4. Stay on top of the  recruiting timeline and apply quickly keanbeut
+1 you do not need a coach lol keanbeut
+1 If you dread working incredibly long hours, why are you even considering IB?  IsItREPE
+1 If software or tech is the goal, not having CS education or SWE work experience is a negative. There are other industries. ABSurdity
+1 Thanks for the clarity here. That sounds like something I’m more interested in. I’m a little less worried about breaking into late stage VC at my stage. Associate 2 in PE - LBOs
+1 alcohol, then weed C.R.E. Shervin
+1 Yeah it's just more efficient than having to take your phone into the bathroom to jerk it. Boot the porn up on all four of your screens and you never even have to take your hog out. IsItREPE
+1 Congrats on Leerink embezzzlement123
+1 Bro glad you can imagine. I can’t imagine someone that much of a loser, or that mad, that they need to post something like this about a firm they supposedly don’t work at and reply to themselves, like their own comments. Associate 1 in IB-M&A
+1 Prospect in IB - Genthats because of internal fuck ups, the business model isnt bad boeing just fucked up basic principles of airplane manufacturing Analyst 1 in AM - FI
+1 DCF against recovery and see risks that might impact that recovery  GS under Blankfein
+1 Give it a rest Associate 3 in PE - LBOs
+1 what do you do if you are in a metro area with no buffalo wild wings  Junior Trader in HF - Event
+1 If this is for SA, Citi is a no brainer due to how they pay interns hourly + 1.5x OT, effectively doubling the summer comp of peers. Incoming Analyst in IB - Gen
+1 Complains about bad job market and blames it on immigrants but when he finally lands an offer he doesn’t want it because the pay is lower than what he thinks he deserves as a new grad. FanumTax
+1 Lol please do not be overly casual. Typically, the moment you try to be too casual it looks forced and/or you overstep the boundary. happydad2
+1 Highest sharpe guy i know this year is an big4 accountant who joined the buyside at 35. This is his 3rd year on the platform. Anything can happen borg1523
+1 They didn't have a modeling test, but there was a case study for one of the rounds. Technicals were fairly light (focused around the drivers of an LBO) Prospect in IB-M&A
+1 0/10 ragebait bcbandar
+1 Is wang your quantitative? KageSelly
+1 Did one of the big 3 SA a few years ago and didn’t get offer (ended up getting FT at another big 3 grad program whilst interning at their peer so it worked out in the end).  Analyst 1 in HF - EquityHedge
+1 heated crack on a spoon more seriously, bromantane + modafinil (not medical advice/check with your doctor) GS under Blankfein
+1 99% of search funds are a joke. Just do your family office, L/S exp is way more valuable than even the best search fund could hope to offer you.  PrivateTechquity 🚀🚀🚀
+1 Any updated insights for fundamental roles at quant hedge funds (e.g. Two Sigma) and prop trading firms (e.g. Jane Street, Citadel Securities, SIG, Optiver, etc.)? Prospect in IB - Cov
+1 Know people at GS and this feels like a larp sigma ohio
+1 Associate 2 in IB-M&A Nobody Man
+1 IB return rates are usually 80-90%, you just need to show up, be friendly and be willing to learn. Even in the worst years for IB (2022) return rates were still 60-70%+ Associate 3 in IB-M&A
+1 You'll be fine. There'll be some stupid HR ladies at BBs who will act like you've commited murder, but other than that most places will be open minded and value your experience. Just have a solid story! Investment Analyst in PE - LBOs
+1 Non diversity SA at GS is almost entirely athletes and strong nepo sigma ohio
+1 Meaning he burnt out or made enough money not to? BuySideIntern
+1 Hi, so are all ACA qualified bankers perceived to be previous audit/tax? lol - genuine question Analyst 1 in IB - Restr
+1 ACA but bear in mind it takes about 3 years to do and even then your far more likely to get into IB in a deal adjacent service as opposed to Audit and then B4 over MM. Accountant in Acct - Other
+1 I do know my way around a financial statement though I don't think I am differentiated in terms of traditional fundamental analysis. But financial statements often enter into what I do - e.g. c.m
+1 Take the offer. Yes, you'll earn less and the job stability will be lower. But you will now officially be on the buyside, which is the hardest transition to make. MMPM
+1 You say nothing about whether you can interpret financial statements and/or at the very least understand a conventional investment thesis. MMPM
+1 It doesn't hurt to ask at all.  CapTableTriage
+1 Know plenty of people who came from m&a, so it's definitely doable. The main hurdle is networking. chimpingaway
+1 . student_pe30
+1 I've used Gusto for a distributed team and it handled multi-state payroll pretty well. The real test is how they deal with state registrations and compliance issues when something goes wrong, not just running payroll. Hanlon
+1 Don’t dip your pen in the company ink doobeedoobeedoo
+1 Did bro really have to use the world degrade 😭 Intern in IB-M&A
+1 Hey, thanks for this extensive color. I’m curious if you have any additional info on compensation and dynamics for mid/senior roles like Senior Investment Leader (principal) and investment leader (VP)? Principal in VC
+1 Bump 8.43 13.5
+1 Fair. Analyst 1 in IB-M&A
+1 Incredible insights Mungduh, you really outdid yourself! mtysky
+1 Agree with above. Would ask about their internal relocation policy, and tell them politely that you would be open to moving to your home town if a position opened up. Depends on team sizes etc. QuiltEmerson
+1 Cantonese has nothing to do with IB/AM/PB or any client facing finance roles in HK since the main clientele is from the Mainland. brtfedd1312
+1 Yes, I am trying to think about various opportunities that could help me I) to land in the US and II) to be viable so I can make a profit and also stay / renew my visa and one day access citizenship. Associate 3 in IB - Cov
+1 Bumping...hope you get some solid responses man. SoldierofChrist7
+1 90+ hours / week is the norm or more aptly expect to be available 8am-2am 5 days / week, 10am-12am on Sundays once you’re fully ramped. Analyst 2 in IB-M&A
+1 i just accepted SA27 offer here. from what i know comp is a little below street average and hours are like typical IB hours. greengiant67
+1 I’ll add Goldman and Ardea.  Associate 2 in IB - Cov
+1 Based on the most helpful WSO content, Stifel's HireVue process for Summer Analyst (SA) positions typically includes a structured format. WSO Monkey Bot
+1 agree with you - and a lot of people do thismainly seems to be done with americans going from harvard undergrad --> oxford postgrad  Analyst 1 in IB-M&A
+1 I’m leaving banking to go into law because of a lot of what was described here. Analyst 1 in IB - Gen
+1 I second what CRE said. Do you have a business that genuinely interests you? Do you actually enjoy real estate or does it just pay the bills? I understand where you’re coming from. Fred Fredburger
+1 very uncommon for internships. IB summer analysts don't give 3 statement modeling tests, but they do ask technicals in the interviews. coastal-maine
+1 He is just unpleasant being around with, burps and eats loudly at the deskTakes all the calls from phone booths so the others do not hear him Associate 1 in IB - CB
+1 Spot on. The outflow of talent the last few years with almost no meaningful replacements is pretty telling of how little the firm values IB. RBOB_squarepants
+1 Yes I also went to one of the top international prep schools in my Asian country. That said, while the second scenario you mentioned is true, the first scenario is actually true for the general student population as well. brtfedd1312
+1 What? neil88
+1 On_The_EdgeI didn't realize CFA classes were a thing. How did that work? Did you find a tutor, or was it a program through your company? Isaiah_53_5 💎🙌💎🙌💎
+1 I don’t understand the logic of a masters degree at all here lesbiangirlscout
+1 Think it's straight up just people being willing to take risk and risk the lower pay for 2-years so they can get the promote. Analyst 1 in IB - Gen
+1 Who the fuc& is Howard?  Regardless he can do high finance, low finance or mid-finance. You do you Howie! Associate 1 in IB-M&A
+1 Of course, among the works at the very top of the list. monkeyvjit
+1 Good bank with deal flow - every weekend like clockwork Bank of America - enjoy your Saturday! Associate 2 in IB-M&A
+1 Tell them what you would acquire and what it would need to look like. CRESF
+1 sp1313bump This was just posted today. Where are you bumping it from, exactly?  CRE
+1 I just looked up the Blaue Bar. Wow, I had no idea it was part of the Hotel Sacher! It looks lovely. Definitely adding it to my list for my next trip to Vienna! 😊 Thurrikan
+1 UCL and Warwick would be good enough for summer recruiting, but not FT recruiting. You have an interesting background, with a lot of engineering experience I assume.  Analyst 1 in IB-M&A
+1 Shame is something that is learned behaviour. Very common if you come from striver communities like myself. Analyst 1 in IB-M&A
+1 The construction industry is becoming more competitive than ever, and accurate estimating is the foundation of every successful bid. johnhoward
+1 Question is impossible to answer without knowing what your job goals are, whether you want to stay in the US or return to your region, where in the world your region is (Booth has very strong presence in LATAM for instance Associate 2 in IB-M&A
+1 [ ]  Associate 2 in IB-M&A
+1 Based on the most helpful WSO content, here's what you need to know: WSO Monkey Bot
+1 I agree this is simply a reality of life. My future children will have access to connections and financial resources that I did not have growing up. justforthispost
+1 In a way, the funny part about this is that you'll likely marry/have kids with someone upper-middle class and your grandkids will possibly become closer to being the establishment/NE Elite, at least culturally. AnonymousMonkious
+1 I'm just that guy Prospect in IB - Restr
+1 I'd argue if you dig in, it builds "mile wide inch deep" skills across a number of domains. Legal, accounting, tax, strategy, operations, etc. You get to a "B-" in all of them.  Principal in PE - LBOs
+1 Emphasizing the behavioral point. Bankers want to know that you are a chill person to be around since you’ll be spending 15hrs a day with them. Have your story down cold. Why banking? Why this bank? Why this industry? ImagineSisyphusHappy
+1 I’d also argue that you learn how to think about business fundamentals, capital allocation and risk/return. Very helpful when think about underwriting any role/investment/business problem. Analyst 1 in Consulting
+1 If you are super passionate about public market investing, bite the bullet and move from IB to equity / fixed income research. Managing Director in IB-M&A
+1 Hello. Quick side question. What are the odds of getting a strong scholarship to T15 with a background like this?1. Engineering. 3.2/4 GPA.  gpa low b/c I worked every weekend on my small company daytonagoesvroom
+1 Yikes, how much are you down YTD?  Determined
+1 Congrats on UBS Associate 2 in IB - Cov
+1 I would just tell her that HR moved you to PWP like you said, that's what I'm telling my friends who are non-finance since they think I'm working at an EB now mulchygatorade
+1 Do you know how low? Prospect in IB-M&A
+1 bump Intern in IB - Gen
+1 Still probably be within debt since that's where I've been my whole career, just needed a break from the constant 60-70 hour analyst weeks. Associate 1 in RE - Comm
+1 Their latest funds aren’t doing very well. See Calpers link below. Some vintages still need time but doesn’t look great regardless. Associate 2 in PE - LBOs
+1 Tbh I don’t, sorry. Was involved the in grad process this ur, I only know of that summer AC anecdotally  professional.form.filler
+1 Read the new replies. Seems I’m in the minority. Non controversial call-out that VP level is extremely bloated right now. VP in PE - LBOs