Highest Ranked Comments In The Last Year

+1 Partners Group has been underperforming lately. Some of their portfolio companies are even facing distress or bankruptcy (you can read online). Principal in PE - Other
+1 I’ll take a guess and say the main thesis was "Gaming + AI = money printer"  GS under Blankfein
+1 If it affects your health, would recommend quitting because your health is way more important vs. this boring PE job. Principal in PE - Other
+1 Nah i think the real thesis is MBS and Jared Kushner likes to play fifa so SLP doing them a favor to get tiktok at a ridculously low valuation in return Analyst 1 in IB - Gen
+1 no. heard the process is pm dependent. If no one at verition has needs for an intern, they will take no one. I'm also pretty sure Pms review resumes no_home_jerome
+1 Considering people now live into their late 80s you are still a super young person for doing a Masters in the modern era. idrisselba2017
+1 EA already pushes out annual titles.  Can’t wait to see the Ai, micro transaction filled slop they push on the market  m8
+1 Lol when I started in 2019 base salaries across BB were £45-50k and yet I felt so rich when I got the offer. Rents for a nice room were roughly £950-1k at that time. Works at Cannacord Genuity
+1 Hey — a bit late seeing this, but I couldn’t help replying because I felt this might still help you or others in a similar situation. aelainelac
+1 Typically seen as a more chill coverage group to be in. if RE is your thing but you still want to do banking id definitely recommend it over the brokerage route. ebansss
+1 Virtually every major quant fund / equity statarb group has many signals in this category. Two Sigma, DE Shaw, Citadel GQS, WorldQuant, etc.  PM in HF - Other
+1 What are you talking about? Dow70K
+1 This is wildly inaccurate re: ASO 0 - don’t listen to this person Dow70K
+1 ASO 0 can be marketed as 3rd year analyst and is a good sign - also all work at that level is still analyst work, and the more thoughtful pages and process work as an very junior associate in banking is comparable in a lot Dow70K
+1 all are great and will set you on a upper-middle or upper class lifestyle for the rest of your life. So remember that. Intern in Consulting
+1 what exactly do you want to know? top groups are PUI, M&A, next is industrials probably. They're consistently within the top 10 - 15ish, balance sheet bank usually mainly on financing deals.  Analyst 1 in IB - Gen
+1 Could you start by knocking on a door to see if someone's there? No one in these United States seems to know how to knock anymore.  pbandjpartners
+1 Echoing that this just isn't true.  Intern in IB - Gen
+1 SaaSChimp Associate 3 in IB - Gen
+1 There's people from third world countries with not much experience getting in, so yes quite easily. That's why I'm saying it's not that life changing if you go there. Goj5979
+1 Impossible. Grind the f out and get into SKY and network ur ass off into the hakhoes then u might be able to break into HK korean desk at some day. Gainone1572
+1 Day trader Associate 1 in IB-M&A
+1 Not interested.  Associate 1 in IB-M&A
+1 Delete lavita
+1 Lol. Name one. That would be >100% bonus at most shops which simply has not happened at most shops since 2022. nutmegger189
+1 I think they give batches by region - Italy, then Germany, then maybe UK unless UK was already done Prospect in IB - DCM
+1 Both St. Gallen MFin and Oxford MFE are top target for London IB. Would also add LBS, LSE and Imperial. French-monkey
+1 Depends on where you want to work. Imperial for LDN / ESSEC for Paris Analyst 2 in IB-M&A
+1 This story does indeed echo the Elizabeth Holmes saga, with a similar pattern of overpromising, fabricating data, and ultimately facing the consequences when the fraud unraveled. WSO Monkey Bot
+1 Echo specialized point. If you genuinely get a kick out of real estate, buildings, cap rates, NOIs, developers, REITs it’s fun. Associate 1 in IB-M&A
+1 I tried to get an MBA summer internship with America's Cardroom in corporate development in Costa Rica, but it didn't workout and now I have to get a normal job.  Isaiah_53_5 💎🙌💎🙌💎
+1 ER is much better than S&T for L/S imo PMatStrattonOakmont
+1 OP Here. Sorry, I create throw aways for this site and do not have the required bananas to DM. Can you help here? carrying
+1 The medical space was always interesting to me and I actually worked on a med device deal while in banking which confirmed my interest. Analyst 2 in IB - Gen
+1 Would also add Broadhaven to the Ardea tier with Berkshire and KBW a step below if you're really looking @ boutiques  utsup83
+1 Agree that an MBB career can be very fulfilling (as former MBB), but a few "the grass isn't always greener" comments too:  SaaSChimp
+1 Pay is not determined by your cost of living, it is determined by demand supply. Right now the supply is nowhere near low enough to warrant a pay bump. nutmegger189
+1 Totally agree. The older I get the more I realize that I enjoy my life so much more than celebrities which I used to drule over as a teenager or college kid. NoEquityResearch
+1 Thanks, this is very helpful! Rainy1900
+1 Anyone know what roughly the conversion rate is from Hv to AC from previous years ? Intern in S&T - FI
+1 cap investmentbanker_334
+1 Know someone did 15+ rounds during an offcycle process for a MF. Analyst 1 in IB - Gen
+1 I will be honest--I initially thought investment management was third party asset management. So, for debt AM this would mean basically watching loan covenants, etc.  carrying
+1 Have friends there.. I think depends on vertical. Healthcare for example seems like a truly awful place to work. I think their industrials group is better, at least on the services. VP in PE - LBOs
+1 That's what I'd assume, so that just furthers the question I asked - what prevents analysts from then joining at Baly? Investment Analyst in HF - Other
+1 Debt generally goes from lowest to highest interest rate: Public, IG bonds (think Apple) -> commercial bank loans -> HY public debt -> lev loans -> private credit (senior secured) -> mezz debt -> distress Works at The Family Office
+1 This reads like my former MD who was both incredibly toxic and I don’t think has closed a deal in the last 3 years (how TF he still has a job absolutely blows my mind). Associate 1 in IB - Cov
+1 First step if you cant place out of school is to find something adjacent then lateral after 1-2 years. Longer timeline but there's always a way in for those who are willing to grind it out Analyst 2 in IB - Cov
+1 If NYC, real estate group is pretty bad with no flow and bad culture. Is that better than being unemployed? Maybe but not necessarily. Analyst 2 in IB - Gen
+1 genuinely confused as well. i feel like half of them are doing some sort of yield protection like colleges do. Intern in CorpStrat
+1 Reach out to some korean finance bros 'outside' of that stupid yeoido bubble and ull figure out why a lucrative career outside of medschool is nonexistent in SK. Gainone1572
+1 10+ interviews is quite common, as well as a modelling test and commercial case study or a meaty 4h case combining both. If you are really lucky you get a 48h take home case study. Associate 2 in PE - LBOs
+1 Based on the most helpful WSO content, here’s what you need to know about transitioning from a local European boutique asset manager (AM) to a larger AM in London: Recruiting Process: WSO Monkey Bot
+1 Normal trading, maybe something in options. Options are all about probability and stochastics, so knowing how to exploit these things to get a positive expected value is very good. usernameladiesman217
+1 compsci ->worm your way into MAMAA. will give you flexible hours, high income, can live closer to vegas. have a buddy in this scenario. Horatio Horatio
+1 women in male dominated fields starbuckssalesdesk
+1 Three years without a closed deal??? HowlerMonkey
+1 If you managed to have some great years before you go bust - you usually get another chance in another fund Discretionary Global Macro PM
+1 Next day litgovernor
+1 Everything in life is about the economics of things and how they're structured young blood Associate 2 in PE - LBOs
+1 Which group are you in and are you in the US or UK?  Analyst 1 in IB-M&A
+1 Focus on a couple that can be grouped together. Analyst 1 in PE - Other
+1 do you have any advice on how to do DD on PM? And do you only do that after getting an offer, not before (cus that may sound gossipy or speculative, if the person knows) elva2sam
+1 The modelling/technical test is the first test as is very easy to correct/administer and very clear which candidates just suck. The case study/commercial part is later on and usually assessed by VP/Principals. Associate 2 in PE - LBOs
+1 BofA - most run-rate hospitalizations  Jeff - Toxic af UBS - disorganized af Associate 2 in IB - Gen
+1 Depends on the moves. Sometimes people get unlucky - maybe they left firm A to join firm B and firm B shut down unrelated to him, so he moved to firm C. Those sorts of unlucky moves are unfortunate but understandable. Investment Analyst in HF - EquityHedge
+1 Congrats ! Which group?  kidding
+1 This bank will never learn. Heard the person is ok at least. Crazy with AI and all the other tools available that juniors are still being overworked to the point of passing out. Associate 2 in IB - Gen
+1 Personally had 12 rounds over the course of 2.5 months for an off-cycle MF lateral hire. Case round was my 3rd interview, followed by a bunch of vibe checks by more senior people. Associate 2 in PE - LBOs
+1 Any reputable firm pays for this (or another data provider)… skydome215
+1 Maybe if you were competent you wouldn’t need to blame your inadequacy on foreigners taking finance jobs when H1Bs are literally 1% of the workforce… sounds like a skill gapSigned, an H1B holder Associate 2 in PE - LBOs
+1 Here’s the world’s smallest violin.  sick_willy
+1 thanks, I guess? I Beg to Differ
+1 It is just awful in every way imaginable. Absolutely avoid.  Incoming Analyst in IB-M&A
+1 It is a real problem, the people are genuinely awful and yes you get grinded to the bone on meaningless work regular all nighters, not just the standard banking is bad groups, one of the worst groups to be in on the street Incoming Analyst in IB-M&A
+1 That some people have too much conviction. Investment Analyst in HF - EquityHedge
+1 Many firms have something like 150-200k or 150-250k for every single role ... it's about the bonus. Investment Analyst in HF - EquityHedge
+1 underrated + growing space . if ur interested in the typical IB exits, then would not advise but otherwise it's cushy and good comp for what the role entails. pnc is also top in the lending /credit space Analyst 1 in IB - DCM
+1 PrivateTechquity 🚀GME🚀That's professional cash game-level performance, not something any "good" poker player can hope to consistently achieve.  Isaiah_53_5 💎🙌💎🙌💎
+1 The niche people place better than the generalists. I knew a guy who knew he wanted to work in rates structuring since sophomore in college. He landed 3 roles at DB, BAC, and Citi and works in a macro fund rn. usernameladiesman217
+1 Prayers up for the analyst and shame on BofA… again… RBOB_squarepants
+1 Which ETFs are you currently investing in? I’m looking at gold and maybe Fidelity. I already have TQQQ, EW, and two different Vanguards. jeanneleez
+1 Legit running 100-200 BBs/sesh 300x+ in a year casually in 2/5 games is wild. I can think of 2-3 full-time cash players with those kinds of numbers. PrivateTechquity 🚀🚀🚀
+1 Keep on networking - it will turn up just be patient and do everything you can Bud Fox 22
+1 Y’all are super replaceable without active deals or deep deal experience Analyst 2 in IB - Gen
+1 Here are some primary reasons:1. Borrower is non-IG/distressed: unable to raise capital in bank market2. Borrower is seeking more flexible terms: covenant-lite, higher debt quantum, ability to PIK interest nardo
+1 Not sure about that. Many of my names used to report alot of detail monthly and have steadily reduced disclosure. They are shit companies and less disclosure lets them bullshit for longer gaps between reality-checks. Anchor
+1 MBB carries more global prestige than PE or IB. Everyone, even outside of finance, tends to know what McKinsey, Bain, or BCG is. Principal in PE - Other
+1 Hey Patrick, Just wanted to know if you've had any updates so far with your BofA SSA Off-cycle Analyst application? DavenBusters
+1 Given your goals, I would generally stay away and stick to a larger established team. PM in HF - Other
+1 Lean on the recruiter here. They will know the firm's general process flow. SaaSChimp
+1 This is classic case of burnout because both IB and PE workstreams are inherently very similar - once you have done few M&As at IB and IC decks at PE, the process is relatively the same going forward which makes it (at Associate 1 in PE - LBOs
+1 Lighting a candle for this MD tonight.  QuiltEmerson
+1 Thanks for the great response - really appreciate it. AlfredD09
+1 Anecdotally I’ve heard a lot of things about this group… and none of it is good Associate 2 in IB - Gen
+1 Thank you. I’d be open to sector agnostic pitches if they’re well regarded. Would you be reccomend any accounts in particular? GordonDebtCo
+1 It's incredible what silly things a person will do under pressure - I think everyone has a story like that. OFFERGOBLIN
+1 That sounds like an amazing plan. A solo trip like that can be a real reset after the analyst grind. smithjohn1
+1 from what I have heard, waud and pritzker are paying  sub-300. Associate 2 in PE - LBOs
+1 dude, literally just get something paid. akashiwiwhn__jahwh