+8 I started reading this thinking about how wrong it was and how I could quit at any time lol but I had a different thought. Director in IB - Cov
+8 Not always. I had an in person round with them. My uncle was playing golf with 2 of the MDs and they invited me to join. Pretty standard 2 hour panel, a bit windy, but I still hit below par lucien_de_montclair
+8 Hours and culture, yes both very bad and very sweaty. Inaccurate to say FIG doesn’t do deals, as FIG contributes a lot of IB revenue though, primarily through lead left LF deals/financings.  Associate 1 in IB - Cov
+8 bro no one cares you work in a evil industry, especially when your a low level spreadsheet monkey, those same people watched the slave built world cup in 2022 and have stocks in companies running metal mines in the third w monkeynke
+8 "She is also kind and caring" Like a mommy right? goldmanworker
+8 W/A endowments are proportionally gigantic Analyst 1 in IB - CB
+8 lmfao andrewm4
+8 the space didn't die, it changed shape. the classic play - buy the fulcrum security at 60, come out owning the reorganized equity - shrank because the default cycle never really came. LedgerShelf
+8 College admissions advisor here (former IB myself). Both are EXCEPTIONAL schools and will get you looks at top firms - you should think about culture and location. Manager in CorpStrat
+8 Indian Americans are great. I’ve noticed that the ethnic nepotism and in group preferences are common only among Asians (all types) who were born and raised in Asia.  Associate 3 in IB - Gen
+8 Associate 2 in IB - Cov
+8 Btw we have u blocked from all our BB internships this yr playah (think tom cruise tropic thunder) anonanonymous
+8 Tech is going to be distressed very soon lol Associate 2 in IB - Gen
+8 There's nothing wrong with a boy's club BoweryScumbag
+8 Yes. I hope they land somewhere soon. Today, I called out a female junior who I hear was gossiping that these kids were let go due to performance. Executive Director in IB - Cov
+8 Bump anyone get blessed? Analyst 2 in IB - Gen
+8 Counting down the days till I leave Analyst 1 in IB - Cov
+8 Had mine today. Standard interview: TMAY, Why BMO, Why Mining, can you handle being called slurs, do you like going days without seeing your girlfriend, etc. Pretty chill overall Associate 1 in IB - Cov
+8 Lot of uneducated takes on this. I hardly see any books from Wells at my UMM PE and we run the entire gamut of deal sizes from 20-300m of EBITDA. They are not a real player for sponsor backed sell sides. Period. Associate 2 in PE - LBOs
+8 Why separate DB levfin but not JP or BofA Levfin which are consistently 1 and 2 in rankings cober
+8 Who else left? Intern in IB - Gen
+8 1 person 5 accounts with anti-DEI rant, take your pills man Prospect in IB - Gen
+8 You can't flex on your friend at Citadel while in banking. What is there to flex? He'd make more even being a hackathon dweeb. Raijin
+8 You do basically nothing and get paid top of street and have "PJT" on your resume  Analyst 2 in IB - Gen
+8 TLDR: it’s a slippery slope but honestly I wish we reverted back to pre-AI times as it hasn’t changed much yet everyone thinks it’s a superhero and doesn’t think independently anymore Analyst 2 in IB-M&A
+8 Disclaimer: The above post is a paid advertisement. Claims regarding compensation, bonuses, and exit opportunities may not reflect the experience of the median UBS analyst. Prospect in IB - Cov
+8 Can't speak to the team dynamics Moelis, but Doug Pierson was well-liked at Credit Suisse when he was head of Americas industrials. The guy works extremely hard and expects his team to do the same. Analyst 2 in IB - Cov
+8 47 $30mm, 10 liquid, 10 property, 10 illiquid / privates  Managing Director in IB-M&A
+8 WLB during the week to execute on a transaction that builds your skills and resume up isn't the main problem, its the weekends that get blown up for no reason and/or the unnecessary facetime cultures some firms hold onto i Associate 2 in IB - Cov
+8 Sorry, I genuinely can't compare standard terms for IP, non-competes, etc. High degree of dispersion across companies. Burke
+8 You got me, I’m a Mossad agent because I understand history and the region. WSOBURNER69
+8 Looks like money truly can’t buy class. IRR you ready to rumble
+8 Grew up in the south, lived in NYC for banking and PE now back south. If you aren't cool, athletic, relatively social please don't move south. you will not do well and everyone will think you are a weird liberal. Associate 2 in PE - LBOs
+8 Sorry, actually answering your questions: Associate 1 in PE - Other
+8 I agree with your points, but I’m not sure if you’re trying to advocate for the hf life or push us to try something new in PE. If you’re still pushing for the new PE life I’ll have to disagree however. Works at Blackstone Group
+8 you’re not conventionally attractive 🤓☝️see how stupid you sound u bitchless twat, it’s not like if I became more handsome she’d magically know how $10 of depreciation affects the three statements Intern in IB - Gen
+8 Something similar happened to me, but it was one of the new full timers. Are there any seniors you are close with? Doesn't even have to be VP+ level, but an associate you are chill with that can potentially raise a flag. Works at Other
+8 A shop that did not have a presence in debt brokerage approached me for a lead/senior role (but still effective being a broker). I ran numbers up and down, very attractive economics.  REDebt
+8 "Two roads diverged in a yellow wood,  And sorry I could not travel both And be one traveler, long I stood And looked down one as far as I could To where it bent in the undergrowth; Analyst 1 in IB-M&A
+8 are they laying off first and second years? Analyst 2 in IB - Gen
+8 How is this a serious question? Take the full ride at Dartmouth and don’t look back. Analyst 1 in Consulting
+8 This is why I pulled my group of out of our firm’s campus recruiting process and decided to take a more idiosyncratic approach - we happen to be very good at what we do and exits etc, but under the radar so we normally wai Managing Director in IB-M&A
+8 More like #26, I’m sure they have to save some money for a couple incremental MD hires Associate 1 in IB - Cov
+8 You're going to have to find a role that's not highly competitive with MBB or that doesn't have a full-time offer on the table in order to move forward successfully imo. Some ideas/thoughts: PEPrincess
+8 Did he get the return offer newlymintedbooth
+8 Are you autistic by chance? Just think about the optics of the situation for a second... actually you know what. Flowers are a wonderful idea. Be sure to include a happy valentines day card too.  Works at Deutsche Bank
+8 You're thinking the wrong way if you're thinking about getting onto the buy side from a "societal prestige" perspective. But I digress. Research Analyst in AM - Equities
+8 Peter Thiel said this really well. A lot of people have effectively been excluded from capitalism.  They are no longer participants. m_1
+8 If there’s going to be girls on the street, you might as well rank them Intern in IB - Gen
+8 Enforcier
+8 I am less bullish. The acquisition rates for the most recent t-minus 2-year searchers (from traditional paths) are pretty poor. Under 15% of groups and individuals acquired I think. Trader in S&T - Comm
+8 Lmfao brotha I feel you, my gf of almost 3 years that I spent all of college with broke up with me before my internship. Analyst 1 in IB - Gen
+8 lmao when you feel out of place dont enter the room. Conforming to survive is submission.  Look at history (Stalin, Napoleon, Rockefeller) men like that shape the room to fit them not the other way around. nachocheese
+8 this is literally what they said in my year end review yesterday. "we're afraid that you don't want to be here long term."  bro i make 85k a year and have over 5 years of high finance experience.  yoplait
+8 I don't think the fundamental nature of the job is what most people dislike about PE. It's the bureaucracy and increasingly micromanaged nature of the process. VP in PE - LBOs
+8 Do you look at this post when you jerk off? Analyst 2 in PE - LBOs
+8 Lots of copium from the PE b0is here lol. You leave PE, you ain't going back. Benson Says
+8 My suggestion in that time frame is to grind Case in Point to memorize the frameworks and binge Matt Huang’s videos on YouTube.  Drizzle-Maker
+8 Shifting more and more cost to the worker Analyst 2 in IB - Cov
+8 I went to Cornell.  Go to Stanford lol, honestly avoid banking entirely but that's a separate topic. Associate 3 in IB - Cov
+8 Don’t listen to these dumbasses telling you deal flow is great - it’s not, unless you want to be a career banker, which I am guessing you don’t because who tf with any self respect would want to do that. Analyst 2 in IB-M&A
+8 This is just how the world works though. financialrepublic
+8 "Essentially, we must all quit and create a firm together. With 3/5ths of all the Wall Street junior talent joining one firm" AnonymousWSO3
+8 I can't wait for the Trump supporters to flood in here and gobble some nuts about how "We clearly need Greenland" as if we don't already have enough bumfuck nothing land in Alaska and the Rockies.  usernameladiesman217
+8 Her tires spun when aimed directly at him: attempted lethal force. He had a full foot in between him and the car. Video evidence shows this usernameladiesman217
+8 Yeah, that's fucking epic and you should definitely do it. green_duck
+8 I swear someone made this exact same thread 6 months ago and the answer is no nutmegger189
+8 stop thinking like this is another “path”. this isnt PE or IV where you just mindlessly crunch numbers and build ppts. only enter LS if you absolutely love it. equitystrat
+8 Sup FG? I haven't been very active on this forum for a while, but it's good to hear from you! My story isn't that exciting but it's certainly less linear than most in the industry. DrApeman
+8 Focused less on specific funds. Assistant in Research - Other
+8 Here’s a potential scenario: Your MD strolls in and pulls you into his office. “Wow kid I have to say I’m impressed. That last flick on your latest IG post is hard asf. I would love to extend you a return offer.” JPBoregan
+8 Yes and no. You can’t know everything about everything so you’ll never feel totally prepared — or when you do feel totally prepared, it will be too late, as you’ll be old and comfortable, and at the end of your career. Partner in RE - Comm
+8 Can confirm, have heard it will be brutal Analyst 2 in IB - Cov
+8 Would of loved to trade my free meal for no late night work VP in PE - LBOs
+8 And now your annual bonus is $0? Determined
+8 Totally agree about living below your means. It’s not even like you need to be a penny pinch a ton. Spending 3k instead of 5k on rent will save you $50k over 2 years and a lot more than that if you throw it in the market. Associate 2 in IB - Gen
+8 Paribus - domain literally created 8 days ago but claims dozens of people have landed offers "X months ago" using their platform - and even hilariously claims "5,200+ students" Prospect in IB-M&A
+8 Hah Half of all bankers are autistic IMO Associate 1 in IB - Gen
+8 To be honest man, you need to be worrying about what's in front of your face in the apartment market. larry david
+8 For the record, I am bearish on PC as a sector and agree people should not invest their career in it but I disagree with some of your points A) True  Analyst 1 in IB - Gen
+8 Congrats on Wells Fargo Analyst 1 in IB-M&A
+8 buy one as assoc 1. bet on yourself Analyst 1 in IB - Cov
+8 Trust me. They want to leave as well PitchKing
+8 “Updated views guys”? Dude, this is a top 3 group on the street. If your virgin ass gets it you accept it without hesitation. There’s no “updated views” you dumb fuck Associate 1 in IB-M&A
+8 Anyone received the email about San Francisco Investment Banking Group Preference Survey? I guess it's not a bad sign, but does that mean a superday is expected or it means nothing? Prospect in IB - Cov
+8 You're only as old as the women you date Associate 2 in IB - Cov
+8 Definitely not too late. But the way most people approach it doesn't work. stockpitchlab
+8 I could see a future CNBc style documentary interviewing bankers and former bankers there Analyst 2 in IB - Gen
+8 I’ll call it out every time I see it, why the FUCK are you guys still upvoting AI slop on wso? liquidiot
+8 BLUF: The credible strategy is not moving every UBS employee to India. They appear to be relocating virtually every repeatable production, technology, analytical and administrative task to India. Analyst 1 in IB - Gen
+8 Was this at Wells by chance? Analyst 1 in IB-M&A
+8 One of the few times I get to chime in on an area of expertise on this forum, so here goes.  First off, generally agree with Director in IB - Restr, golden takes, and extremely accurate. Associate 3 in Legal
+8 In terms of products anything liquidity-related tbh. Securitizations/Private ABLs, Secondaries, sponsor-based private credit towards portcos, GP stakes. Gold-ManSacks
+8 I moved to London for a couple of years and I love it. Yes, it’s a bit of a haircut on comp but the quality of life is incredible vs NY. Analyst 2 in IB - Gen
+8 Agree with oil_quant.  thelad
+8 If they are willing to do this an offer from them means nothing. Don’t feel bad about renegging Analyst 1 in IB - Cov
+8 UBS should just copy the Gulf States and safeguard passports (wouldn’t want them getting lost during the 120 hour workweek)  Analyst 1 in IB-M&A
+8 Im the UofA guy he talks about. I can confirm i got that dawg in me (a chihuahua). In all seriousness, i took this as a compliment. Grinded my way here, got no shame in my background. VP in PE - LBOs
+8 In defence of UBS, it's not like they had a choice in acquiring Credit Suisse - government and Central Bank pressure meant they HAD to.  unders
+8 I’d watch this documentary Associate 2 in IB - Cov