+2 Yes my point exactly, Because if you look at the formular for FCF it subtracts CapEx (which is inclusive of both growth & maintenance CapEx) from net income. Analyst 2 in IB-M&A
+2 I feel like they are somewhat hiring around: was at a MM and got lateral offers at multiple EBs and top tier BBs (across multiple groups as well within the same firm). icositetragon
+2 In my earlier comment I was trying to give information without my opinion because generally I hate telling others what to do in their life. Job Trunicht
+2 I don't disagree, to caveat if I were an analyst and had a choice between a LGP/GTCR over any of these shops I'd take the former 10/10 times.  VP in PE - LBOs
+2 Allen Iverson was a good bball player for sure, but realistically he can't do all of our jobs. Why is everyone so interested in a random bball player from the early noughties all of a sudden? RestIess
+2 This is a good comment and another good angle to investigate.  regret_tech
+2 The exams are not meant to be hard or impressive to pass. anonymousBNK
+2 Sounds like a helpful iteration. I am not going to tell you where to look or the viability of this, my only advice is iterate faster. PM in HF - Other
+2 20-30% total comp premium is the standard expectation at that level. Base will be comparable across BBs — the real negotiation is a guaranteed first-year bonus to cover what you're leaving on the table. greenlithq
+2 Theoretically the pyramid becomes a straight line. It's not that no one will know what they are doing, but it'll be way harder to have a white collar role. FinServces
+2 It was the same at Barclays. Massive turnover. The MDs at Barclays moved over to UBS M&T. Bad culture and high turnover has followed them. All the good MDs from CS have left. chasejames677
+2 not a fan of vvf or akpsi huh? go hoos Prospect in IB-M&A
+2 Cover it up. Otherwise, I am glad you are doing better hedgehog9
+2 PEAnalyst009 VP in PE - LBOs
+2 Thanks, agree. And as I've noted elsewhere, it's not just that he's a liberal. It's that he's a hardcore socialist. NoEquityResearch
+2 Yeah, PCA generally does refer to that, you’re right.   What I’m referring to I guess is more called like “Capital Solutions” or “Debt Advisory” Mr Incredible
+2 Not sure I’d listen to the people encouraging the peace corps. Good on you if you want to do that. But just know that the longer you wait, the harder it will be to break into high finance. Lacost
+2 A&M is a player in the MM IB / RX IB space. We work with them at my firm. They don’t pitch on a lot of deals, but when they do secure one they pop up on the league tables bc they’re pretty respectable deals. Associate 3 in PE - LBOs
+2 I’m not saying it won’t add value to your learning, I’m saying I don’t think it necessarily increases the odds of you getting a buyside seat relative to staying where you are. M_As_In_Mancy
+2 Worked at MF credit this summer... Can harp on that training is not great, and returns are slim, and the environment is intense. FT recruiting is tough, even with the name brand on your resume. tomatosingh101
+2 You could also say that quite a few went to CD&R / Advent from BofA over the last few years just as an example. Associate 1 in PE - Other
+2 I just got fed up and did it. It’s your life, not theirs. Control your destiny   Analyst 2 in IB-M&A
+2 I would just quit man. It can be tough to break out of the mindset while you’re in it. But just need to clear your head and think about what’s right for you. Associate 1 in IB - Gen
+2 I was in a similar position to you. Blew twice - once was over by a .001 and the other was under. Was able to plea down to reckless driving (but arrest for DUI shows up on DMV report). Associate 3 in PE - LBOs
+2 Not sure I'm exactly following your comments--by analytics tools I mean the whole suite of analytics that inform experiments, that inform feature flag management, all playing to the same suite of observability. I.e. wallstreetape
+2 Depends on your long term goal and your current situation but for most M&A > Equity Research even though your WLB is significantly worse. financemld
+2 Average incoming stern kid Intern in IB - CB
+2 Is this satire? Every single large manager now has multiple strategies. Principal in PE - LBOs
+2 I'll defer to those who know the HF world (my advice could be off) but if you're breaking into a HF with low probability of getting other offers, I'd suggest taking the role and not emphasizing comp. StrategyJunkie
+2 Thanks for you response! Prospect in HF - EquityHedge
+2 Candidly I deal with it because my parents are very well off and I value my free time and flexibility more than salary.  Analyst 2 in IB-M&A
+2 English as a Second Language  Ie Chinese/Korean MBAs who can barely speak English  Intern in IB - Gen
+2 Alvarez & Marsal Consumer and retail Group summer 2027 internship now on their website  smooth tiger
+2 Obligatory have never worked at Lincoln but have been on the buy-side for one or two of their processes. Chicago Industrials team runs a legit process.  Associate 3 in CorpDev
+2 I did a good job & asked my boss to advocate for me. It’s all about advocates and cheerleaders. You don’t need to be the best, you just need to be likeable and competent.  pudding
+2 You expect us to believe your going to risk a rare mega fund job you networked your way in to over a measly 20k? Get real. Smoke Frog
+2 Fuck it, I'll roll the dice and see how it goes :)  Investment Analyst in HF - RelVal
+2 Prospect in IB-M&A TechBanking
+2 Super Target if you are Deerfield diversity. They've gone to some of the best places, coming from a DA male Associate 1 in IB - Restr
+2 You prefer colder climates but you're applying to schools in Texas and Florida? I went to college at one of the schools I listed. It's SO much colder than Florida. usernameladiesman217
+2 3 very different people but let's dissect unders
+2 Some hater will get the poll deleted again  Analyst 2 in IB - Cov
+2 Any insight into how these two stack up against Moelis RX? Looking to lateral and have had some headway.  Intern in IB - Gen
+2 Also, a big part about being an extreme outlier in wealth is the ability to take risks. Take 100 people who are wealthy already and take risks and a small percentage of those people will become billionaires. Isaiah_53_5 💎🙌💎🙌💎
+2 White Beckie is Hawk Tuah final boss while ESL Asian Beckie is a hardworking ninja.  Intern in IB-M&A
+2 I've seen you comment on a bunch of threads saying ESCP is bad. You must still be really butthurt that you didn't get in and are now discouraging others not to go. How sad, grow up kid. WallStreetTurtle359
+2 Significantly higher comp in a brutal market like this? You need to take one of the 2 offers - employers think they can “hire cheap” right now…I doubt they are going to match  high hopes
+2 Tbh I only get this vibe only from smaller boutiques like centerview or qatalyst, not really Evercore, Moelis, PwP or such Prospect in IB-M&A
+2 No you're not dumb, you just need more practice. Some things in life are fixable, this is one of them. You can always learn more accounting Analyst 2 in IB-M&A
+2 Edit: I don't think it's worth starting from 0 anything in fnance, it's saturated. GS under Blankfein
+2 DeterminedThe most important thing at this point in your career is to have a strong mentor that is willing to take a risk on you.  PrivateTechquity 🚀🚀🚀
+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 I meant the Real User Monitoring and Session Replay aren't really analytics tools, they are for engineers to figure issues out. regret_tech
+2 There’s a high possibility this list is going to Ken. Commodity.Chimp
+2 I like your proposed changes. But there's no urgent incentive for firms to implement this as long as the applicant pools are still so huge. a luxury 1BR (6-7k) Investment Analyst in HF - EquityHedge
+2 codemonkey7
+2 I mean if the kid's being falsely accused and doxxed, it makes sense he'd take down his LinkedIn. Granted, the same could be said even if the allegations were true. Intern in IB-M&A
+2 Depends. I've seen people go 2-3 years in accounting -> 2-3 years at a MM bank -> associate at LMM PE. Think your chances of pulling this off are better pre-MBA than post. Principal in PE - LBOs
+2 People get rich from the most unbelievable careers - guy I went to hs with back home, his dad owned a patent for a specific part used in porta potties (don't know what he did before that though) and now has a mansion on th Bud Fox 22
+2 Appreciate the advice. As I think through logistics, is it better to notify HR first at the firm I’m reneging on, or reach out directly to the senior folks on the team I’ve been in touch with over the past year? Analyst 1 in IB - Cov
+2 Based off of exits + TC this year and last year, it seems to be very much top tier donttry098
+2 I quit after 1.5 yrs, went to startup. Super worth, not looking back enlightenedfinancebro
+2 Honestly, calm down and zoom out, because you’re thinking about a high school scoreboard way too much On wall street Stern is viewed as a very real target in NYC, and once recruiting starts nobody serious cares that you go Analyst 1 in IB-M&A
+2 Asset Mgmt: helpfulBanking : not worth the time Murphy_1827
+2 Thanks for the detailed answer, helpful perspective. Anonymous Monkey
+2 It’s exactly what we see happening to Med Schools. crustycrustacean
+2 The trade off is being able to party way harder and have a way doper and more american traditional college experience than those nerds  Analyst 1 in IB - CB
+2 That's great! Thank you for the quick reply! I'll give it a look, especially if the price is right lol. doloris1981
+2 Pretty normal but it can present problems if you want to switch firms but not industry.   oil_quant
+2 There are two things. She in particular wanted that assignment I believe — kind of a chief of staff / CEO’s minion role I gathered, not back office. VP in PE - LBOs
+2 You wouldn't get a title bump but maybe an accelerated VP promote hopefully if the fund performs well (i.e., 2 years -> VP). VP in PE - LBOs
+2 Sharing a perspective of a previous investment banker in a top BB coverage group (GS/MS/JPM) in NYC. Others have addressed the staple pro / cons of banking vs. consulting so I won’t restate those points here. blackberrymint
+2 he need sum milk dutchduke
+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 It depends what you'd be switching for. If it's a commercial/trader development scheme, then fine. But mind that IB and Commodities overlap in ways people tend to ignore. thelad
+2 I don’t go for boss babes, but this guy gets it. Don’t listen to the other simps in the comments. Analyst 2 in IB - Cov
+2 Yes this is called "boxing" a short, can be long at one prime and short at another. PM in HF - Other
+2 I’d stick with the current gig. I’m not sure if the “self teaching” route is going to add that much incremental value that’ll make you more attractive to funds. M_As_In_Mancy
+2 bunch of state school guys, 2 pod guys. bleh Analyst 3+ in HF - EquityHedge
+2 You can still work out, but you’ll probably need to change what “working out” looks like once the hours get heavy. anistongeller
+2 Anal 1 The whole group knew I was willing to suck dick for this job (or for pleasure) Checks out Analyst 1 in PE - Other
+2 The Promote podcast is solid. Capital Allocators if they have a real estate focuses guest on.  HopefulMogul
+2 Brother, Brigham Young wouldn't mind you getting a little litty off da pillsies VP in IB - Cov
+2 A boutique $2-10b fund has meaningful scale and can be an excellently profitable business (i.e. tens of millions in management fees, plus performance fees) but still has a wide investment universe. shortponzilongresources
+2 Depends on the boutique - if one of the dime a dozen cannabis ECM bucket shops no, if something like an Osprey or Blair Franklin most likely Search Fund Enthusiast
+2 Just go on hinge. Bars suck now Analyst 2 in IB - Cov
+2 Oxford and Harvard. Summer Associate in IB - Cov
+2 Subhuman  Associate 1 in IB - Cov
+2 Yep, exactly. RX handles the truly distressed situations where something has to happen. Mr Incredible
+2 You need to have an optimal plan for each part of recruitment so you can maximize your odds. Analyst 1 in IB-M&A
+2 Bump, dealing with a very similar situation here, so if anyone can provide insight on this post, it would be greatly appreciated.  Analyst 1 in IB - Gen
+2 Went to Dartmouth but used to spearhead recruiting at my old BB. Cornell and Georgetown was always massively underrated and preferred them over kids from Stern or Berkeley. Associate 1 in PE - Other
+2 There is no excuse anymore to work 80 hours a week with AI. It's mostly ceremony so you can charge outsize fees. That's no longer applicable when you can generate near infinite work product in minutes.  Pussy galore
+2 I don’t agree with this. I was heavily involved in recruiting for my BB (GS/MS/JPM) and generally speaking, preference was HYPSM and Wharton, then the rest of the Ivies, UChicago, Duke, etc. Associate 2 in PE - Other
+2 Best use cases are the slides where creativity actually matters. Buyer universes with logos grouped by rationale, market maps, process timelines, management presentation narratives, teasers, exec summaries, one-pagers. Dr.Leigh
+2 Ok that’s slightly different vs initial post and think I understand you are broadly frustrated. Don’t know enough about dynamics there but do know a lot of people are unemployed and looking for jobs. Anonymous Monkey
+2 Highly skeptical of where you got that figure. Analyst 1 in IB - Cov
+2 West Coast here, just chiming in that this has also happened to me multiple times. Recruiters and hiring managers acting so friendly just to ghost out of nowhere. It's actually really nice to know I'm not alone. Associate 2 in RE - Comm
+2 He’s a scumbag and a crook, the end. He should be in jail for blatant securities laws violations but since we don’t do that anymore I’ll settle for him going broke.  leftcoastlenny
+2 Agree with this - the fact they are making you fully whole on the deferred portion is already pretty generous. Associate 3 in IB-M&A