Highest Ranked Comments In The Last Year

+1 Just applied, thanks for the heads up! Band of Monkeys
+1 lol which shop isn’t full of Italians  Analyst 1 in IB - Gen
+1 I would suggest to take the guarantee. My guess with the VISA stuff in the US, some federal judge will block it and litigation will occur, no telling how long it will take Analyst 1 in IB - Gen
+1 PE Associates are being offered this? Analyst 1 in IB - Gen
+1 Levfin, sponsors, FIG would all like to have a word Executive Director in IB-M&A
+1 It means treat them with respect and get things done promptly. They know more than you, you don’t need to explain much to them. Ehmerica
+1 Are you reaching out to alumni ahead of applying or just firing naked applications into the void? JetsTanksSubmarine
+1 ... mschimmpp
+1 That seems extremely unlikely. VCs aren't hedge funds - there's maybe 5 funds who can afford this. Associate 1 in PE - Other
+1 I’m a top bucket analyst currently at a BB in NYC with 2 YOE looking to go corporate (Corp dev, strategic finance, startup, literally anything paying $125k+ all in with no 90 hour weeks). Associate 1 in IB - Cov
+1 Rent $2.5k Other expenses $2k Try to save $1.5-2k / max ROTH Associate 1 in IB - Cov
+1 It takes like 2 good years to hit a reasonable walk away number. If you're at it starting your mid 20's, you should have a snowball in the mid to high 7's / low 8's by the time you're 40. Research Analyst in AM - Equities
+1 Go for it dude.  Balance.of.Payments
+1 Kips Bay/Murray Hill with a couple roommates is always popular for new grads, East Village if you want to be in the bar scene, Upper East Side if you want a little more quiet/proximity to the park.  Associate 3 in IB-M&A
+1 Tbh what do you have to lose at this point. Getting an offer at this stage will probably depend on networking even more than during the main recruiting cycle, so I would just go for it. Intern in IB - Gen
+1 ^^ this. CIBC is the worst but for some reason the miners love strippers Analyst 1 in IB - Cov
+1 I said what biscuitsandgravery said, but more concise and without the fluff to save your feelings. You thanked him for the feedback but called me bitter. Risk Weighted Ass
+1 lol I literally said I wasn't looking for a pity party, just if others were in the same position past or present, so not sure how that is "being emotional" as you say. Band of Monkeys
+1 Baruch is fine and good enough. Join a club on campus, Investment Management Group (if you are interested in more traditional finance roles) or 50five capital (mostly for S&T). bankingisez
+1 Would recommend not engage given the sensitivity Principal in PE - Other
+1 I see what you're saying, though I also think you might not be punitive enough on the downside (correlation between a donut year then also leading to a year out of market if fund performed poorly; time out of market after Investment Analyst in HF - Other
+1 It's possible. One simple fact is that PE programs have the fortune of recruiting 23-24 year olds vs. 21 year olds in IB. Analyst 2 in IB - Gen
+1 Bain chicago 1000%. You can transfer after 2 years at Bain as well. You don't spend 2 years of your youth in a random ass city. Go to Chicago, have fun Intern in Consulting
+1 Someone in another thread said this is likely a bot… answers like this certainly help affirm that. kuf135
+1 I'm a recovering alcoholic who's been in the industry. Been sober for a few years now. Used to drink heavily 5+ days per week. It caught up with me and probably delayed my career advancement by a few years. Principal in PE - LBOs
+1 It's not worth it, don't do it guys.  PrivateTechquity 🚀🚀🚀
+1 If you want referrals that will for sure get you an interview, only senior MDs (ex., group heads or noted rainmakers) for BBs. Everyone else cannot guarantee you interviews, including more junior MDs. Analyst 2 in IB - Gen
+1 I’m thinking andreessen (recently announced the TikTok deal - should be willing to pay this high for top-tier tech PE talent), Benchmark Ventures, Accel, Kleiner Perkins, Sequoia could be doing this. Director in PE - Growth
+1 I was surprised when I first heard this, but thinking the same thing. A16Z may be doing this given their recent announcement of taking a sizable stake in TikTok at $14 billion valuation alongside Silver Lake and Oracle Alexsippel
+1 By this logic, all anonymous monkeys are the same guy as well. Maybe you’re wrong, as I heard the same news from my banking friend. Associate 2 in IB - Gen
+1 @WallStreetOasis.com look into thi kuf135
+1 Are you saying you got PE interviews while being bottom-ranking in IB? Which PE firm are interested in talking to bottom ranking IB analysts? Curious if you can share the name Associate 2 in IB - Gen
+1 Great place to start is pulling Corcoran reports. Sign up to Jonathan Miller Housing Notes. Hard part is tracking shadow inventory on buildings actively selling. riskadj.return
+1 Ive personally seen it a few times at small LMM / MM funds post MBA, so not impossible but certainly unlikely. I imagine those at crossover funds have a compelling pitch as well.  Associate 2 in PE - LBOs
+1 Could you elaborate on why not worth the pivot? Associate 2 in IB - Gen
+1 I knew a few friends who are thinking about this, but many want to stay in HF space given their passion for high-frequency trading instead of pivoting to PE. Associate 2 in IB - Gen
+1 If you have to ask... Determined
+1 WOW - PE firms are like this when screening banking candidates ?! I assume they’d know if you are bottom-ranking or not Associate 2 in IB - Gen
+1 ... Analyst 1 in Consulting
+1 Simple, the number is blatantly wrong and only applies to the loosest possible definition of private equity. PrivateTechquity 🚀🚀🚀
+1 Are they based in NYC or Connecticut? Associate 1 in IB - Cov
+1 Know of someone at these firms from the background you described. Wouldnt be surprised at all if he pulled in $2M, easily one of the smartest people ive met and the dudes barely 25 Prospect in IB - Gen
+1 Unfortunately, I think the lack of deal execution experience usually overshadows the advent of industry knowledge and horsepower. SaaSChimp
+1 Thanks - can you elaborate on this guy’s background / experience? Looking to make a similar pivot if achievable Associate 1 in IB - Cov
+1 What I’ve heard is that the analyst and associate timelines are fixed, so they’ll keep you in the bullpen for the same number of years whether you start fresh out of college or hop in with years of experience. Anonymous Monkey
+1 Hm yea I am envious of my friends in MBB because my years in IB have been really no fun but their time in MBB has been fun and something they look back on fondly and they have similar exits given I don't have interest in P Analyst 3+ in IB-M&A
+1 Insane pocket watching  Analyst 2 in HF - EquityHedge
+1 Partner in PE - LBOsThere are lots of things that I don't get about this story. Mammoth20IBer
+1 People on this site overvalue referrals waaaaay too much. An assoc or even a VP is not going to fast-track you straight to AC. Analyst 1 in IB-M&A
+1 In the UK it's clear in the contracts that you're waiving some employment act about the 40-hour work week. Surprised it's different in the US Intern in S&T - FI
+1 You won't get anything if you don't apply nutmegger189
+1 Hm fair point! It'll be interesting to see this play out. I think another reply mentioned something like if Centerview loses, but just has to put in the job description (i.e. Analyst 1 in IB-M&A
+1 her complaint passed a motion to dismiss.  Unclear if that will be appealed; it is  a pretty mediocre decision, b/c the judge doesn't seem familiar with the industry. gladtobeout
+1 FastNotSoFurious: I wear a $90 Apple Watch. My fellow bankers wear Rolexes. I couldn’t give two shits about what other people think about what I wear FattyAcid
+1 I also started at a small 2-man development shop (as an intern) which provided the experience to switch into institutional REIB / PE thereafter riskadj.return
+1 My two cents - the NPV of a HF career if you are good (at least top quartile but perhaps need to be a bit better than that) is significantly (maybe even multiples, at the upper end) better than the NPV of a PE career. GenericMMAnalyst
+1 Happy I could give my two cents, but it is you who is following through and putting in the work! commercialrainmaker
+1 Highest ROI for me was reaching out directly to MDs. If they are busy, they will usually cc an analyst or two for you to talk to that will then feel obligated to do so. Research Associate in AM - FI
+1 Did you fall asleep over the last 12 months? nutmegger189
+1 Great post, your point about "being in the club" is very true. jarstar1
+1 Pretty much all the big multi strats have Dubai offices. Whether they let you work there is another thing - apparently office space is still limited. nutmegger189
+1 I was in Boston. I think we have the best office culture and WLB, but other offices are still pretty reasonable. Associate Consultant in Consulting
+1 Most guys I knew in college who have done well in banking, PE, HFs have always hit above their weight when it comes to girls. The social aspect is big as you move beyond IB analyst and even then it can help a lot. TechBanking
+1 There's a surprising amount of aggression when transitioning out of the banking sector. patriciakwasniak
+1 Analyst, Associate, or Manager probably. It's not impossible at higher levels, but gets harder.  ProjectFinanceGuru2020
+1 UhtredSonOfUhtred PrivateTechquity 🚀🚀🚀
+1 Nope, just OA Incoming Analyst in IB-M&A
+1 Cruical questions to understand before considering a move. A reputable firm name in the last cycle may not have a good outlook on fundraising in this environment. fdfdfdfd
+1 I hope all works out for you and your future potential wife/mother of your kids. I do want to point out some things that you're going have to discuss and think about. Substack_Guy
+1 NYU Columbia tuition must be insane.  Substack_Guy
+1 Associate 3 in PE - LBOs VP in PE - Other
+1 been a while since i left > but went and did corp dev & then pivoted to a niche area of consulting and loving it :)  (doing private consulting gigs too on the side) anonymnous
+1 Well personally I never reached out to analysts for that very reason, only associates and up. So I'd suggest doing that. Lacost
+1 Same just OA… maybe this email is just pre-ding foreplay Prospect in Consulting
+1 Did they go silent after TI or am I just screwed? Analyst 1 in IB - CB
+1 Seems incredibly ballsy to sign up for this kind of job with that kind of mental health issue.. m_1
+1 There are always chances, but you might have to start with a T2/3 Bank since every bank likes to see experience. Analyst 1 in IB-M&A
+1 Preciate it bro, keep me in the loop  MarvinGayeBoogies
+1 a lot of banks make you take the SIE before training so you might be covered cost wise - should check with campus recruiting team Prospect in IB - Gen
+1 Take Goldman London, US visa can be a nightmare. Halpin11
+1 To convert your internship into a full-time offer, here are some actionable tips based on the most helpful WSO content: WSO Monkey Bot
+1 Originations team is less than 40 people across the country, outside of analyst comp you’re not gonna find people who know comp figures on here. Analyst 1 in RE - Comm
+1 damn schooled his ass lollololol
+1 Currently working as a BD analyst so can provide some color: WLB is fairly good, most people work 50ish hours per week, and some really just work 9-5. westcoast.equity
+1 Hi, OP here! Analyst 2 in IB-M&A
+1 bump ibanalyst_._.
+1 .. tp1919
+1 I just had a process where I was such a good fit for this PE role due to my background. I killed it during the interviews, nailed both the case studies, and thought I did super well during the behavioral interviews too. Analyst 2 in IB - Gen
+1 sponsor role would sit in CIB division WSOLBO
+1 spot on, IR would be BD/capital formation, often on roadshows and planning those as well. Flat organization due to size and young age (4 years).  WSOLBO
+1 Completely understand, no problem I’ll give you some more details, so you have more context Incoming Analyst in IB-M&A
+1 Broadcasting that you have an Amex Plat RubiconFlame
+1 Did the spd last year, there was a takehome case beforehand and one of the 3 rounds during spd was focused on that, but my interviewer didn't ask any follow ups he just said I covered everything. smyangyang
+1 My VP messed something up and my MD yelled at him in his office like "something something DO YOU STILL WANT TO HAVE A JOB TOMORROW??" Analyst 2 in IB - Gen
+1 I kept a personal detailed tracker in excel and reported public updates at our weekly staff meeting.  CRE
+1 post history is absolute slop, god have mercy on us all Intern in IB-M&A
+1 Am truly in a bad spot as a result of IB. Developed really bad depression and anger issues and insomnia and am a shell of human being. I never get more than 5 hours of sleep and that’s the direct cause of everything. Associate 1 in IB - Cov
+1 Depends on how high-profile / rich the family is. In your case, I presume it’s a relatively low-profile/lower AUM family, otherwise you wouldn’t be hesitating. Associate 1 in IB - Cov
+1 Worked at JEF back in the day (pre-COVID). Comp was good and it was very fratty but jfc did junior teams get sweatted across most groups. Associate 3 in IB - Gen
+1 In theory yes especially if the gap is large and not within standard error (e.g. sharpe 0.5 and IR 1.5 I would have questions and concerns on the amount of non-idio risk they are taking).  PM in HF - Other