+1 Seems they're constantly trying to fill acquisitions role, not a good sign, and their capital base seems flighty. Principal in RE - Comm
+1 50% in mine as well, some shocking cuts Intern in IB - Cov
+1 Super lame cliche, but: be curious, ask questions and dig in.  It's easier to do this as a junior person who's not expected to know much. asmith_1
+1 Personally not in this industry but have always been interested in commodities trading, currently trade futures/have dabbled in commodities, and have done a tiny amount of freight originations before. Analyst 1 in IB - Cov
+1 Golden Cinderblock was S tier Antigue 107
+1 OP, I’ve been on WSO longer than you’ve been alive  CRE
+1 no (my roommate works there). next week Prospect in IB-M&A
+1 What? larry david
+1 try shitting on the floor in his office Analyst 1 in IB - Cov
+1 Anyone hear back after 3R? eaopfaepof
+1 yes in 1-2 years. ai products for underwriting and credit risk are in development right now so there's still a bit of time until it's able and ready but it'll happen real soon. Sup_Bro23
+1 I'd say market-level carry. Again, for me, the benefit in retrospect was having a much higher probability of promotion from associate to partner throughout. OhhThatsGood
+1 if anyone is curious on global markets I was sent an email saying there are delays and they are still figuring it out 676767m
+1 How are you making 20% on the senior credit? The only way I can think to do that is through a CLO (but even then that return seems too high). Or maybe you simply work for a bank that’s inherently highly levered? Partner in RE - Comm
+1 blastren247 Managing Director in IB-M&A
+1 Did you skip the game theory lecture of Econ 101? liquidiot
+1 1) good ergonomic chair (doesn’t have to be Herman Miller) but aim for ~£300 at least2) standing desk. Even if not often standing, allows to set the perfect height for optimal posture Intern in IB - Cov
+1 I would guess that it is advantegous. Im also native in Norwegian and conversational in Swedish. You will probably be placed in a nordics coverage team where most people will speak a scandinavian language. tl200
+1 WF got fucked Intern in IB - Cov
+1 Sorry for interrupting this conversation, but, I have 2 questions: Sasoskii
+1 Based on the most helpful WSO content, Boston College (BC) is likely your best bet among the Boston-area MSF programs for breaking into corporate finance or potentially IB/PE. Here's why: WSO Monkey Bot
+1 momonke IsItREPE
+1 Figure out generally what you want to do asap - you don’t really have all that much time in IB to figure it out and doing the job of IB wont help you figure out what you want to do at all. Associate 3 in PE - LBOs
+1 Based on the most helpful WSO content, here are some excellent market news sources and newsletters to expand your coverage: Daily Reads: WSO Monkey Bot
+1 Morning Brew, The Daily Upside, Axios Pro, Exec Sum, Finimize Intern in IB-M&A
+1 Industrials is very sweaty and you will be worked very hard Prospect in IB-M&A
+1 It was UF, not FSU. FSU is dogshit lol and if you think otherwise I have a bridge to sell you. Analyst 1 in IB - Cov
+1 Take Ldn S&T for your goals. I started there before MM HF. Opens doors if desk is good for learning, network and credibility. Emerging Monkey EMBA
+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 hot take - you should have no assistant, you must control your schedule.  thebrofessor
+1 Overall, Goethe is a good university and, within Germany, it plays in the same league as the other well-regarded public universities for business, such as LMU, TUM, Cologne and Münster. Analyst 2 in IB-M&A
+1 No return offers, no deal flow, congrats on UBS! Analyst 1 in IB - Gen
+1 Top bank but only if good desk where and/or 1) you think you can learn to trade and understand the flow of that mkt 2) environment is such that you'll develop. Emerging Monkey EMBA
+1 Kid I have been in contact with informed me he did not get it for Levfin. Tough situation.  Associate 2 in PE - LBOs
+1 Things I bought that added a lot of value, ranked by importance: 1. 2x32 inches screens (Dell U series are prob the best) coz you stare at it for so long; 2. Herman miller chair to avoid your back being sore 3. Green Zeus
+1 They have plenty of gays calvin3
+1 No updates yet?? ainoway
+1 Realistically for interns they’re just checking dates (if at all). More broadly though, if there’s bullets on your CV that you can’t reasonably defend in an interview, I would probably get rid of them… Analyst 1 in IB - Cov
+1 Agreed and the latest QQQ move kinda proves the point. FinanceGirlieee
+1 Honestly I wouldn’t even go as far in saying this. Some top interns who showed tremendous growth and were hard workers got cut. They took average,stagnant interns over top interns who made a mistake or two. Prospect in IB - Cov
+1 more comes down to luck in life than people would like to admit. You could've been born in a landlocked African country Associate 1 in PE - LBOs
+1 Harvard and Oxford are the two strongest university brands in the world. They have the most name recognition and prestige. You're welcome. VP in VC
+1 it has nothing to do with the religion, if anything it's the edison area environment both this guy and the PJT kid grew up in. so cutthroat, promotes cheating, stepping on others, etc. Intern in IB - Restr
+1 bintangboss: 6'1 on the money 9'2 sang the lyrics immediately m4our
+1 Enjoy your senior year, unemployment is going to be brutal when you graduate. intern_391023809213
+1 if your team likes you (which i assume they do if your lack of return offer was not due to performance) ask for some intros! Analyst 1 in AM - FI
+1 Also maybe it was just me but it looked like RC hated being on CNBC and was only there due to like court order or his lawyers / bankers or whoever telling him he needed to. Hags28
+1 Totally depends on the size of deals you're chasing. Probably enough capital to get 4-5 firms in your first fund, then that'll show you have some momentum and allow you to expand to a larger sized fund.  VP in PE - LBOs
+1 What were the biggest differentiating factors in those that got it and those that didn’t? Also were the top groups (FIG, industrials, etc) also as brutal?  Incoming_IB_Intern
+1 Prospect in IB-M&AAdding HL before DB is crazy to me considering what I've seen in exits. Obligatory DB not a BB PrivateTechquity 🚀🚀🚀
+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 Bump Intern in IB - Cov
+1 Almost every fund vintage that bought companies from 2017-2021 will not clear hurdle IRR. SOFRsoGood
+1 Don't be a herb bro  whistle65
+1 No wonder you got fired from UBS. You cannot read. Saying pay is good does not mean I said it's a great place to work. Do not put words in my mouth. Analyst 2 in IB - Gen
+1 holy fucking scarcity mindset loser. you keep calling him a bot but this is wayyyy more bot than anything he said. Analyst 1 in IB - Cov
+1 GIG & FIG were 90%+ Intern in IB - Cov
+1 There are a quite a few threads on this, or each individual bit of this post, already. I’d have a look at some of the older threads. Analyst 3+ in HF - EquityHedge
+1 The person on this list for TD should be Mason lol. Not SB  sled wizard
+1 Its the same guy. Reported insane NW and LQ that either was transferred to him by his dad or flat out falsified Associate 2 in RE - Comm
+1 have seen a few places do this. Audax in boston does this. JJPPMM
+1 Why do this to yourself? tireisis
+1 Yes I agree with this larry david
+1 In my humble opinion, it gets more chill as you get up for a variety of factors (and as others have stated gets more stressful in different ways) How it gets more chilled: Hags28
+1 Dumbest most brain dead thing I've ever heard. How do you expect to get a SA gig at any shop after your freshman year? Recruiting timelines are not going to work in your favor. MaritimeLeverage
+1 If you are Korean though, it must be nice to be at BAML. Looks like in the press release he managed to hook up another random Korean with a sweet gig.  UBSRising789
+1 My HR 3 Hazel_Parkery
+1 As one "old guy" to another, it's always good to have experienced folks giving back to the community. I'm interested in how you manage the team since that's a system that, done right, compounds quickly. Determined
+1 From memory the following HHs over the past few months:Darthmouth - KKR ABS, Blackstone PC, Apollo PCPER - GIC PCKEA - KKR credit oppsHinton rose - plenty on the distressed / HF credit roles Analyst 2 in IB - Cov
+1 Huge opportunity. Would jump on it with a hand raise if interested VP in IB - Cov
+1 Gods'favour gagagagavabanau
+1 Any chance you could give us some insight on how you landed an offer like that? The MM one  Prospect in S&T - Other
+1 It's funny how much these dynamics vary by country. Where I'm from, PwC dominates the (L)MM M&A market among the Big Four and is significantly ahead of the others, with KPMG second. loser1234
+1 Hearing last week in October to try to clean up costs and clear them in time to start 2027 Associate 2 in IB - Gen
+1 which groups have ppl heard back from after the spd? eight111
+1 How is it one of the better ways to start a lucrative career path? Many aren't even able to exit after the first year or two and get stuck. arossi11637
+1 Went to corporate development relating to my sector coverage. Possible to still move to lending/financing related to my coverage later I guess. Analyst 3+ in CorpDev
+1 depends on your skillset. there are people who are extremely charismatic that, if they just network enough, will get a job. Prospect in IB - 5th Year
+1 I have been in this industry close to 10 years now. In short, founder experience helps especially at smaller funds since they get heavily hands on and there are a lot of fixing and professionalizing the business. room701
+1 So real on that last point bro Prospect in IB-M&A
+1 Lmfao TJC as up/coming and LG as JAAMBO. We gotta do something about these AI sh*tposts. Associate 3 in PE - LBOs
+1 I have met the influencer / social media / instagramer Mordechai Weiss in person at Shabbat services Friday night in the UES (Chabad YP at KJ) like a year or two ago. We shook hands and said hello briefly. Hags28
+1 Where did you see this? Starting in Aug and haven't heard anything lol Prospect in Consulting
+1 Yeah I think that’s a good reason if it was a smaller specialized coverage/product group. You can just say they weren’t looking to bring someone on FT because of slow deal flow or something. Analyst 1 in IB-M&A
+1 Industry is turning into juniors sending around AI slop with no idea what it means. Very sad. Associate 3 in PE - LBOs
+1 Yale is a better brand name - it has more "cache". I'm sure there are more unique opportunities at Yale, although at both schools every opportunity is open. [email protected]
+1 How serious is the digital activity monitoring?  intruiged_chimp
+1 My hours are pretty similar and I’d say that’s quite normal for the job. The burnout phases you’re describing are also very common. Analyst 3+ in HF - EquityHedge
+1 some of the really old (for this site) posts are amazing Pierogi Equities
+1 2 32 inch monitors (although one monitor + laptop generally sufficient as long as monitor is decent tbh), real keyboard, mouse.  Associate 1 in IB - Cov
+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 Thanks for your answer and for the respect! I have two little questions: - How to get relevant internships and what type of internships do a RSM IBA student get normally? Sasoskii
+1 . gfffffff
+1 Can give some color on this as this happened to me last summer. Analyst 1 in IB-M&A
+1 Neither of your current options would lead to IB. They're academically all solid but you need a generic master in finance or management with a strong brand name plus internships. Intern in RE - Res
+1 I think he liked it WockySlush
+1 For a finance role specifically real estate in NYC, the answer is the NYU MSRE finance and investment track. Assist. VP in IB - Gen
+1 If you want to work in PE, then start reading stuff now. When the firms are ready to hire you, they will call. That’s basically a truism but more or less how I have seen things work in this industry.  Hags28
+1 Bump big chu
+1 Houston return rate is very high. Across banks it seems to be 95% Associate 1 in PE - Other