+1 EV of the career is at best in line with other similar careers if you have the chops/background/aptitude to get into a decent HF. You are just seeing the top end of the distribution here. Ravondell
+1 In the same position but different reasons. Got burnt out of debt brokerage and currently at a very chill underwriting/portfolio management gig while I go through some big life events next year. Associate 1 in RE - Comm
+1 The base is mores suspect than the bonus arguably, especially at.. 4 YOE? qnt12345
+1 bump Prospect in IB-M&A
+1 why is it every week a kid is made to choose between UCL and Warwick on this site.You never see them debating between any other unis  Analyst 1 in IB-M&A
+1 Thanks for posting your experience. Sometimes life gives you lemons but you decide what you make. - Blessed are those that uplift the spirits of others. yantander
+1 Seconded. Management was happy to abuse h1b until now to get desperate hardos in. Now they cant really anymore, will just have to abuse americans Analyst 1 in IB - Gen
+1 Answer is 32%. Paper lbo isn't too bad honestly, it's mostly accounting, the only difficult thing is deriving the IRR when you don't know the tables by heart bbmerch
+1 Hey James! I can only really speak for Strategic Finance/BizOps and not really product. If you're in a true strategic finance role where you're doing minimum FP&A (budget vs. subscriptionfinance
+1 Of course AI doesn't have a major commercial use case.  It's a bubble. Ozymandia
+1 JayPowFanClubUtter nonsense.  Prospect in IB - Gen
+1 sounds psychotic... throwawaybadabing
+1 This is a bit much. I had 3 consecutive Christmas / new years blown up a few years back but those were all on live deals. I’ve never worked at a shop that would blow up a team’s Xmas plans for pre process work. kuf135
+1 This is a common misconception in the industry. Janet best
+1 Lmao there's definitely one UBS bull here MSing every poor UBS comment. Comical WallStMonkeyyy
+1 go order avocado toast and some soy, kid  dutchduke
+1 As a humanities major from Bowdoin, I agree Intern in IB - Cov
+1 I wouldn't go as far as saying that Cambridge lacks the same name recognition, I think it's comparable to the dynamic between Harvard and Stanford/Princeton/MIT. Are they equally renowned and prestigious? Lorderic
+1 Not exactly. Just business management. Those with degrees ended up working in spaces where they barely use it. NewIndustryHorizon
+1 Analyst 1 in IB - Cov
+1 I think we’re mostly aligned, I was thinking of barriers more in terms of capital, scale, relationships, and time rather than credentials. ilyesbg
+1 8am-3pm with an hour lunch break doesn’t seem unbearable to me. I did similar hours for banking recruiting - it’s kind of funny to me people are giving you shit about that😂 douche_intern_
+1 Not sure where this is coming from or where you are. My anecdotal experience was TheDebtStar
+1 Couple of questions below Do you focus on GP or LP led? Do you generally see the space as getting overcrowded or are there typically only a few parties chasing the deals you are going after ? Associate 1 in PE - Growth
+1 LMAO powerforward1
+1 I previously worked at one of the “A tier” banks on this list (not RBC) and have always thought RBC deserves way more credit than people give them. Anon23245
+1 Ignore title.  I take my PM's tip - 1" in an average year, 1.5-2" in a strong year. VP in PE - LBOs
+1 There are kids making millions dancing on tiktok you're here crying about DEI. Anyway DEI = white women. Until you call that out, you're mostly cowards. Chuck E-Cheese
+1 Hey you responded to my post and while I forgot to respond I really appreciated your tips, and this post is great too. Django@NYC
+1 There are tons of safe made people out there, they just aren’t in any headlines or known. AngelOfMusic
+1 not too sure about GS being top dog - BX yh is a top player for sure. Alpinvest, Lexington, Neuberger, StepStone, Coller, Pantheon are all v good players too...  Analyst 3+ in IB - Cov
+1 Glad to hear it was helpful and wish you the best of luck with recruiting! johnb2001
+1 Nothing says stuck in the 2010s more than a G wagon. Are you also getting yours matte black wrapped to be just like the Kardashians?  Dean Keaton
+1 Its not  just the juniors.  I have had terrible experiences at UBS working for international MDs/EDs.  Just the worst. Associate 2 in IB - Cov
+1 This stuff is all pretty negotiated at those levels. They’ll most likely want you to start asap but you should ask about leeway given the clawback. They may even buy you out if they need you early (rare).  reigndrop
+1 Correct. Countless DEI posts on this forum and rightly so but none have the courage to call out white women who are 80%+ beneficiary of DEI. Associate 2 in IB - Gen
+1 Would love more insight into the FT process - any common product/coverage groups or firms that open spots, the actual interview process compared to SA interviews, when to think about networking and expressing interest, how Prospect in IB - Gen
+1 Hours - high Comp - midCulture - harsh Deal flow - strong Learning - strong Associate 3 in HF - EquityHedge
+1 How do their legacy resi businesses comp compare to range you gave above? Analyst 1 in S&T - FI
+1 For sure, there’s always learning in this job. But yeah by now my process is pretty fleshed out. Analyst 1 in IB - Cov
+1 And yeah it sounds low but I know other people in this camp. Was just talking to an old colleague about it the other day and he’s had a similar trajectory Analyst 1 in IB - Cov
+1 I wasn't there for long, but it was fine. I ended up starting my own business and left on good terms. Manager in CorpStrat
+1 It’s not just lack of meaning. The role is very independent and can be isolating at times. I need something with greater collaboration. Research Associate in AM - Equities
+1 VP 2$275k Base  $525k Bonus$800k all-in / Top Bucket  Firm / Group performance both very good VP in IB - Gen
+1 following Prospect in IB-M&A
+1 Evercore RX has to be the hardest. Those MFs will straight up ask sophomores to explain why coops don't violate the Sherman act or have them devise an LME using Better Health technology. Devious MFs. Analyst 2 in PE - LBOs
+1 I heard back about 3:30 PM ET on Monday, not selected. Prospect in IB - Cov
+1 BuySideIntern: Do you mind sharing how many YOE? 4th year in the industry. Had an unrelated career previously, so I’m a bit older however. Analyst 3+ in HF - Other
+1 I was just browsing this thread but had to create an account just to reply to you. As someone who in a similar position (early 30s, great career, 5'11", decent-looking, into sports & gym) I have to agree with you. Finance - Dating
+1 Unlikely. There are basically no msba programs in the US that reliably feeds into mbb. Wealth management is fine but doesn’t stand out from the point of getting into mbb. Analyst 1 in IB-M&A
+1 PrivateTechquity 🚀🚀🚀
+1 Seems like screening calls are happening.  Intern in IB - Cov
+1 110 / 125 / 135 associate 1 to 3 Bonus usually varying between 80% to 100% Analyst 1 in IB - Cov
+1 Find a different shop or learn to say no. You’re honestly not respecting your own time enough if you’ve worked multiple years in a row “straight through Christmas” on crap that doesn’t matter. Associate 2 in PE - LBOs
+1 It’s French Associate 1 in IB - Gen
+1 I strongly agree that potential is a far more important factor for prospective interns. But how do you practically test this in a process with so many applicants? Analyst 2 in IB-M&A
+1 Citi ranks 30% higher on M&A fees this year which represents their much larger role in M&A transactions.  HandlerDick
+1 Well, it’s because Banking in itself is less of problem solving and much more project management. I think career like HFs and QT, have a better system of fishing these potentials. davani1420
+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 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 If you dread working incredibly long hours, why are you even considering IB?  IsItREPE
+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 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 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 Thanks. No non-compete, so I could start basically towards end of Q2 right after my clawback expires. I would need the start date to be 4-5 months assuming process ends and I sign in the next 45 days.  VP in PE - LBOs
+1 Since others are dropping sites capital interview experts had some really good practice questions for last cycle. Mad expensive tho so split with a couple friends if u can Prospect in IB - Gen
+1 Most funds hiring at mid-level I would think budget at least 2-6 months after offer stage given mid-levels typically have some sort of enhanced notice period / non-compete. VP in Research - FI
+1 Thanks for the comment Financebro89
+1 AS3 -> VP1MMBase: $225k -> $250kBonus: $155kOther (Stock, profit share, etc.): $20k2025 TC: $400kTop bucketFirm/team had an “ok” year Associate 1 in IB - Cov
+1 What sector? iluvlebron
+1 youngbuffet: Is it true Citi interns can get 50-60k? 60 is a stretch probably but mid-upper 40s definitely Analyst 1 in IB - Cov
+1 TMT. Associate 2 in IB - Cov
+1 Friends dont trick friends into working at UBS. Just say no! Analyst 1 in IB - Gen
+1 gelato_cuspids1d: Analyst 1 in IB - Cov
+1 Hook them first, get the offer and then bring it up when you chat start date. I’d only bring it up if they’re asking during the process  reigndrop
+1 Love it Associate 2 in IB-M&A
+1 Its the same comp bro. Also distressed comp is generally lower than growthy stuff in the long run. Analyst 1 in IB - Gen
+1 yeah thats typically fine Intern in IB-M&A
+1 bouse question Government BallSachs
+1 maybe brush up on learning sarcasm before your cantor fitzgerald internship this summer! Congrats on getting offers before apps close like everyone else on wall street! Intern in IB-M&A
+1 haven't even heard of that bank, congrats on a slightly better MM!  Intern in IB-M&A
+1 Sending love from consulting. Destressed Debt
+1 HarvardOxfordCambridge but, if i could add MIT, MIT would be 2.  fw4532
+1 Do you have any emails setting up the internship with him? That should be enough. Associate 3 in IB-M&A
+1 I think more people are realizing that the work can be more interesting, the skill set is second to none for SS + credit, and RX bankers still open many doors to seats outside of distressed (from MM to MF PE for the good g Analyst 1 in IB - Cov
+1 I doubt they’ll tell us if we’re rejected but they could just be running behind too. It’s really frustrating since he said before Christmas  renegade1
+1 I agree. The worst seniors I've worked with in IB are angels compared to the seniors at the PE firm I work at. Associate 1 in PE - LBOs
+1 Second Capital Interview Experts! Used it for my EVR/PJT/CVP interviews and felt very well prepared - ended up landing an offer at one of the shops. Analyst 1 in IB-M&A
+1 The “Big 4” is the top 4 accounting firms, ie PWC, EY, Deloitte and KPMG. In finance the “holy trinity” is GS, MS, and JPM in that order with BOFA and Citi at number 4 and 5. Intern in AM - FI
+1 A lot of the automated first screens will cut you at a 3.5. If you are applying more direct, then a 3.3+ should get you in the door. CRE Credit
+1 I would like to add that chasing prestige even if there’s a discount to material comp is actually not shortsighted. Associate 2 in PE - LBOs
+1 no. Intern in IB-M&A
+1 I’m on the credit side, so a little different for me than equity folks, but if I wanted to stay in finance it would be something like corporate credit or infrastructure. CRE Credit
+1 dont have wide array of experiences but from my FT recruiting this past cycle I only interviewed at two places (WF + Citi) and both were objectively tough IMO (3+ rounds, 90% technical each round and most felt like they we Intern in IB - Gen
+1 just wanted to add to answer the question more directly, the stretch in difficulty from EB to BB definitely exists , but for BBs and MMs it felt literally the same with the only difference being more nerves that ur up agai Intern in IB - Gen
+1 That's a pretty terrible idea. PhD is one of the most difficult things you can undertake just to maybe end up in IB, and masters are no guarantee. My honest view? usernameladiesman217
+1 Thanks, confirming receipt. Will review. Please keep your daddy issues to yourself. Associate 1 in IB-M&A