+1 Incremental options wouldn't make sense that close to a transaction unless your mark was well under FMV and even if it was, it may draw scrutiny from the IRS that a company issued options at a strike price well below where PEanon
+1 .. WSRaider
+1 The problem is introducing AI models too early to analysts so they over rely on it and when it comes to explain their deliverables or conclusion, there is not depth and a lack of understanding of core concepts. Associate 3 in AM - FI
+1 Align your choice with your long-term personal and professional goals. Rx in NYC is unmatched; however, if you prefer a better QOL, maybe West Coast at Tier 2 is better. Especially if you want to live there long-term. Mumbles
+1 no Patrick does it himself automatically, clipping a coin at every corner Partner in IB - Gen
+1 Hey I know I might have the tism but can you explain the point about over communicating to your analyst and associate? Prospect in IB - Gen
+1 (accidentally replied in the wrong place, ignore this comment) sp1313
+1 LBS is miles ahead of Bayes so from a pedigree POV, not comparable at all. Analyst 1 in IB-M&A
+1 might be worth taking a look at this: Prospect in Private Credit
+1 DEI Gainone1572
+1 The good thing is that if someone is too busy to reply after the 5th follow up, they are usually too busy to complain about it to other people. local_finance_bro
+1 Thanks, it would be helpful for me as I am still in IB and never was in PE so don't fully get it - why do you believe that is the case? Analyst 1 in IB - Cov
+1 If you have an ounce of respect to your family, SO, friends, health, etc, don’t do industrials or M&A, it’s just not worth it Analyst 1 in IB - Cov
+1 Really? Wallomeat3
+1 Don't be the drunkest person at the team happy your. Or the second-drunkest person, for that matter. Associate 2 in IB - DCM
+1 They aren't, lol Associate 1 in AM - FI
+1 Nah Corporate & Investment Banker just screams insecurity imo like genuinely technicality maxxing so hard to larp you're in IB. People who do this corny shit know what they're doing lmao. Gold-ManSacks
+1 Check out JPM ReEntry programme if you want to go back to the sell side for a bit Analyst 1 in IB-M&A
+1 Even with the one year master you can do off cycles elsewhere if you don't convert. Or just delay graduation. I had a friend who graduated in 2023 and landed an off cycle in 2026.  Associate 1 in ER
+1 It never fails to make me laugh how autistic the people on this website are lmao TQQQ999999
+1 FYI - I brought a yoga ball chair and didn’t get a return. Regional_pubfin
+1 What did I just read Regional_pubfin
+1 Congrats on the big news & progress! Associate 3 in PE - LBOs
+1 Yh but its not a great school like HEC/ESCP type beat more like IE or ESADE. Also tbf I dont want to end up as they guy on a summer internship who's 25 with 17 off-cycles. Prospect in IB-M&A
+1 VP in RE - CommThey’re back mass marketing on instagram Gross Only morons would invest with them... Rick Kane
+1 "Fixed rate is for Suckers"..... Rick Kane
+1 By industry, I meant what the OP is referring to which is the grind culture and what it means for the average (not rainmaker MD) investment banker. Intern in IB-M&A
+1 they mention A1 ranking is critical Press X to doubt.  Have you seen the number of AS1/AS2 laterals to MFs and the like? Prospect in IB - Gen
+1 Agreed. Given UBS divested from energy banking years ago, it would make even less sense for them to be on this deal. JPM, GS, BofA all make sense. Surprised Evercore missed out though.  Investment Analyst in HF - Event
+1 What ever your net worth is isn't actually relevant to the discussion.  Hiring and wages are a subset of direct productivity output. ioncewenttoschool
+1 PrivateTechquity 🚀🚀🚀Brother... maybe this is the universe's way of penalizing you for buying $378 cologne.  Isaiah_53_5 💎🙌💎🙌💎
+1 agree on the lazards fee - they prob getting $$$ for the rest of the upcoming years. pepegrillo
+1 pretty much top of the street on a per capita basis in m&a, they made a killing in 2024 Associate 1 in PE - LBOs
+1 The investment migration space is indeed gaining traction, particularly within private wealth management and family offices, though its perception varies depending on the region and the specific financial vertical. WSO Monkey Bot
+1 The ultimate sign of dominance is brining your own wooden chair. There is no better way to develop a leather ass than a wooden chair. Preferably with no back. Just a little stool.  Isaiah_53_5 💎🙌💎🙌💎
+1 Jeffries is one of the worst place to be as an junior. Yeah a lot of MD went there because they are senior people. As a junior you get burned out at a MM bank with average deal quality. Analyst 1 in IB - Gen
+1 I think we are all fucked Intern in IB - Cov
+1 Straight squids Raskalnikov
+1 Titans sucks from what I heard. I mean brodie was only CEO of bridgewater for 3 months. wow impressive. I was summer intern for 3 months and nobody cares when I tell a story about a pink truck financebro1010101
+1 ~$5bn fund size. Vanilla MM buyout  Associate 1 in PE - LBOs
+1 Harvard, Oxford and LSE are good schools Intern in Risk Mnmgt
+1 Funny as hell. Look at the ratio then you’ll know, freshman. Nearly all of them are Hispanic. For sure they are hardos from investment team, nepos, and athletes. Analyst 1 in IB - Gen
+1 This guy's LinkedIn byline: "Founder, CEO, Visionary, 4x IPO/SPAC Exits, Motivational Speaker: I've Closed Three Deals By The Time Your Lips Touch Morning Coffee" westcoastq
+1 The less you check LinkedIn, the better. It is hard to think of a more embarrassing social media app. Just keep your shit up and don’t bother to look at it more than once a quarter.  CRE
+1 AI saves me probably 10+ hours a week when I am making fundraising decks. It totally changes the game and makes my slides look a lot better and require me to think less. Associate 3 in RE - Comm
+1 Need some more context like 1) how small is small? 2) what do you want to do long term? Associate 1 in Consulting
+1 Yes I think they are pretty good. IRRcentric
+1 Think you’re spot on. It’s obviously not just WSO suffering from this phenomenon, but online forum culture in general has nearly disappeared moon.crupper_1z
+1 Join team social events. It is important to be visible outside of the office. Intern in IB - Cov
+1 I heard Citi HC has been on a tear with a lot of MD hires recently and were on 7/11 of the biggest HC deals last year; no clue on exits tho youngbuffet
+1 My hours are decent, it's the only reason I've stuck with it Associate 1 in PE - LBOs
+1 Too long in my opinion, but objectively a better test of competency than the 1-2 hour modeling tests of the past. The issue is people all cheat with AI now or straight up calling their friends. Associate 2 in PE - Other
+1 ioncewenttoschoolSome people just can't adapt. Don't worry about their opinions.  CRE
+1 R u at a MM? KageSelly
+1 I'm not sure how much luck you'll have with this or if its what you want, but I know a lot of the PE megafunds (I remember seeing Carlyle in particular) are looking for capital formation people focused on the PWM sector. Analyst 1 in IB - Gen
+1 On your point about the state utility commissions - Would the creation of a multi-state regulated utility be a big concern apart from rates and reliability? 1248490274882
+1 Yikes, good catch. I thought it was P/E.  I was in VC so we did plenty of 35x sales but on the public side it's purely a question of how long public markets will remain irrational.  Determined
+1 Depending on the MM, the test really isn’t that complex, nor is it meant to be. Associate 2 in PE - LBOs
+1 ioncewenttoschool CRE
+1 ioncewenttoschoolThe AI haters really get their panties caught in their ass about this. CRE
+1 How’s he to work for? Good guy? Brings mandates at all?  Prospect in IB - Cov
+1 Worth mentioning that with the guy who suggested earlier, its a slightly time sensitive meeting. Don't know if otherwise he wouldn't have pushed.  Analyst 1 in IB - Gen
+1 The figures above are total comp, so base + cash bonus + equity BabylonLine
+1 For an experienced hire and given that you are about to start in a global platform, I think internal transfer would be your best bet. 1248490274882
+1 Angus Macgyver
+1 I mean tbh most ppl recruiting for FT arent in the position to choose groups, so I think almost everyone would still be willing to give it a shot regardless of group. greatgreatdreams
+1 I can’t find my confirmation email either but I looked at the portal and my app says under review coolguy468
+1 If you have us citizenship / green card will be a lot easier. You’ll just have to move to nyc, connect with head hunters and recruit. Associate 3 in PE - LBOs
+1 Ive been using my lenovo yoga for a year now and absolutely love it. Very fast and zero issues. anonymous1234321567
+1 Somehow this was to the wrong reply Associate 1 in IB - Cov
+1 Pump and dump. Don’t be a simp Director in IB - Cov
+1 Good goy  Matchabee
+1 It’s definitely an open secret, but honestly, having resources and a structured pipeline is only half the battle. mithusjc
+1 In the same boat...  seveneightyfour
+1 “Expected YE comp” HFPM15
+1 Off cycles have a higher conversion rate vs summers usually. But yeah if its not hec/escp or similar then the 2 year master doesn't make sense.  Associate 1 in ER
+1 Look up the Business Insider article. I heard one of the analysts listed isn’t even at the firm anymore  Anonymous Monkey
+1 Does being part of the management equity pool generally prevent a separate transaction bonus? VP in PE - LBOs
+1 Where are you getting your numbers from? Nobody is solving to a 6%. john.newton121
+1 Have you tried “Coffee Chat Request” that’s an underrated one BasicallyUnknown
+1 This one is great too. "I think rent stabilization is a shitty policy but the average democrat voter is so stupid they think its a good idea and fuck you for disagreeing with them" You're a fucking clown man.  larrysellers
+1 Any large gap between expected and current will invite questions about your honesty, which is not something you want. If you're going to post "expected GPA", I'd argue you should also post current GPA to date. MMPM
+1 To elaborate on the cost-analysis point, it is important to remain mindful that, in a bankruptcy proceeding, expenses are subject to public disclosure and scrutiny. Partner in Legal
+1 Not sure but they mix the OC and SA interviews together so I think it'll be a few more ACs.  Prospect in IB - Gen
+1 I like to prompt a prompt. So I lazily ask Claude, how can I optimise/engineer a prompt to check for XYZ and then it writes out a sophisticated prompt of about 15-20 lines. Analyst 1 in IB-M&A
+1 Plenty of opportunities. Some will say you don't fit the cookie cutter they're looking for and that's fine. Plenty of people happy to hire someone with more experience. Analyst 1 in IB-M&A
+1 Oh def! When the c-suite hears from 20 year old analysts that Citi is mean and screwing then on bonuses, they def don’t choose them on bake-offs! Smoke Frog
+1 i don't really give a shit about these people (I'm sure they're nice), but this is great news for me as am impoverished defense services shareholder ShooterMcGavin11
+1 I really like that you took the time to write Ass, realise the issue, then instead of just expanding to Asso or Associate you went for the bracket Prospect in Consulting
+1 'Majority' is wrong - BNP, Mizuho, Scotia all have better WLB but that's pretty much it. And that's because none of them are good at / offer M&A. Santander is sweaty (and even then not that strong)  Analyst 2 in IB-M&A
+1 thinkpad x1 carbon, hp elitebook or dragonfly, dell xps 15, get the 15-16 inch models. also, kudos to grinding, love to see it Analyst 1 in IB - Cov
+1 Have you considered joining a first-time LMM PE fund or an independent sponsor? Associate 3 in PE - LBOs
+1 bump, in a similar spot Prospect in IB-M&A
+1 When free cash flow goes negative in a period, the model should draw on the revolver to cover the shortfall instead of letting cash fall below the minimum balance. IRRationalMgmt
+1 Afaik it’s NB…looking for PE profiles for this book. Analyst 2 in HF - EquityHedge
+1 Looks terrible Amazon Prime
+1 Don't worry the old Millennials and young Gen Xer's will lobby the government to seize more of the value you create with AI to fund their head in the sand world view.   ioncewenttoschool
+1 This is straight up not true:SMU has way more nepo types (esp in Houston O&G), and UT McCombs has gotten way harder to get into. wuandale33
+1 That’s a pretty small fund and low AUM/head. do you have a sense of fees? At that size and and number of employees I would assume the management fee is fully eaten up. NA in IB-M&A
+1 larrysellersYou're safe Ozy, 4 unit brownstones in brooklyn can still be u/w on the back of a napkin. No AI needed. Ozymandia