+8 What I can't get my head around is that the vast majority of "analysis" is useless noise. This industry is full of ppl with mental illness  Associate 1 in PE - LBOs
+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 Right now, the economic environment for young people is awful and the competition for the few entry level jobs that pay enough to build wealth is extremely intense. Associate 1 in IB - Cov
+8 Belongs in off topic else WSO discriminates against men? Tf lmaooooo. I didn’t think I’d wake up to this snowflake safe space nonsense. Yall don’t disappoint.  Rabbit
+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 Can confirm - I work at Qatalyst and was paid $1.5bn this fiscal year and Frank Quatrone personally withdrew the cash to hand to me in a presealed bag. Hope this helps! Analyst 1 in IB-M&A
+8 You do basically nothing and get paid top of street and have "PJT" on your resume  Analyst 2 in IB - Gen
+8 Oh the irony of being ex-McKinsey and claiming to care about healthcare / social impact. NewIndustryHorizon
+8 UBS isn’t a BB anymore, get that shot out of here Analyst 2 in IB - Cov
+8 Bro really put AI start up in there with hedge fund Intern in IB-M&A
+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 I haven't been involved in SA recruiting in a few years, but in general, it should be a Hirevue / Phone Screen and then a conventional Superday (3 - 6 back-to-back interviews).  Associate 1 in IB - Gen
+8 A company is trading at 20x P/E and 10x EBITDA. It has $20M of interest expense at a 5% interest rate, $20M of D&A, and a $200M equity value. What is the company’s effective tax rate? Analyst 1 in IB-M&A
+8 If you’ve got a few days, get to the point where you can explain 3 statements, DCF, comps, enterprise vs equity value, and basic accretion/dilution without hesitation. Analyst 1 in IB - Cov
+8 Crazy how UBS use to be respected 5, 10, 15 years ago. CS acquisition was the biggest fumble of the 21st century Prospect in IB - Cov
+8 All of the above. Working 100 hours a week for 2 years straight minimum is not something I wanted to do and I only realized once I was in the IB seat. Analyst 1 in IB - Cov
+8 When you apply for front-office roles, coming across as a natural conversationalist is basically evaluating your long term potential to be client facing. Sounds like you had an engineering background? liquidiot
+8 Associate 2 in IB - Cov
+8 If your ready to quit this early you may want to consider going into marketing or Human Resources maybe war dog
+8 Yes, why not. Depends on where you would want to live. You could even retire after 2 years of IB if you move to some 3rd world country living for $500 a month.  GS under Blankfein
+8 Calm your ego down. As well as the A.I. slop VP in PE - LBOs
+8 Cardone Capital IRR you ready to rumble
+8 People on this forum tend to conflate "prestigious" with "lucrative". Which is not that surprising given the nature of the forum. Angus Macgyver
+8 Bear sign for bonuses, they are going to be terrible Analyst 3+ in IB - Cov
+8 Bump anyone get blessed? Analyst 2 in IB - Gen
+8 Bankers are a lot closer to homeless than they are to billionaire status. Corp_titan
+8 You're only as old as the women you date Associate 2 in IB - Cov
+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 If I see one more post about you kids jerking to BayPine I’m driving to Indiana University pulling each of you out of your FIN101 lecture and spanking you in alphabetical order VP in PE - LBOs
+8 The ubs director and executive director bonuses are so below street its insane.   Like several hundred k lower. Associate 2 in IB - Cov
+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 hi, first of all, consultants don't do much desk research. We have dedicated people to do that, of course some of that you still need to do yourself. Secondly, desk research usually doesn't cover all the questions. Felixfab
+8 I've been mentoring quite a few candidates recently with profiles very similar to yours—strong GPA, relevant internships, solid resumes—and yet many consistently stumble at the HireVue stage. DerivativesRiskEducation
+8 Accepting a UBS offer is like drinking rat poison. Tastes a little sweet at first, then you realize too late it was never meant to end well. Associate 3 in IB - Cov
+8 I’d pick Leerick VP in IB - Cov
+8 The problem with lateraling after 1-2 years logic is 1) will be depedent on lateral market (which you cannot control), 2) you really only have ~2-3 years as junior before it becomes very hard to leave for PE as an associat Associate 1 in PE - LBOs
+8 Btw we have u blocked from all our BB internships this yr playah (think tom cruise tropic thunder) anonanonymous
+8 How smart the friends that you source your ideas from are.  thisisanexampleofausername
+8 Clav broke into IB just to get framemogged by ASU fratmaxxer prez again IB9000
+8 This list is really wrong don’t trust OP he’s making up exits and probably works in Hr Associate Director in IB - Cov
+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 I think it’s highly likely you’ve had a stroke in your sleep without knowing it and only a small fraction of your brain is operational.  Principal in PE - LBOs
+8 I assume you're talking about RX Consulting and not RX IB since you said FA. With that being said... Director in Consulting
+8 I don’t use prompts much anymore, for a lot of the tasks, I’ve basically compiled instructions and told Fable to make a skill. Analyst 3+ in IB - Cov
+8 My $0.02 is you should just take the emotion out of your decision and be rational about your desires and the best way to realize them.  Associate 1 in IB - Gen
+8 Please add Chattanooga IB Apprentice professional.form.filler
+8 I think you're overcomplicating it but sticking to finance 101: the business is impaired to the point that a creditor has lost 50% of its principal, hence there is a materialized loss from risk that wasn't there/underweigh GS under Blankfein
+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 don’t plan on leaving the industry, but I still struggle to see a recovery like the prior three. Is it likely borrowing costs will be higher or lower over the next decade? Traderade
+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 All this work and you’ll get no Bugatti. Wagies in a cage. Analyst 1 in IB-M&A
+8 I heard one banker hired his son from a no name college and they actually got him into the bank Analyst 1 in IB - Cov
+8 I’m a few years younger than you, have never had a girlfriend. I’ve always wanted to have a family too but (1) I don’t meet new / single women socially anymore and (2) get 0 matches on the apps. Analyst 3+ in IB - Cov
+8 I have been in real estate 10+ years. At my highest point I was a director of acquisitions for 5 years. Principal in RE - Comm
+8 Super happy to see this. There really aren’t enough threads about UBS sucking ass. nontargetmarket
+8 Missing the team in charge of UBS meal stipend Prospect in IB - 5th Year
+8 Was this at Wells by chance? Analyst 1 in IB-M&A
+8 How doyou 100% sure she'll marry you ?? Many rich women use boys as toys, they just date you and throw you away later and she ends up marrying another old billionare, or keep you as her lover. FlyingBoat
+8 Weird way of reporting what sounds more like: JP Morgan exec accused of being sexually abusive; spiking, drugging, traumatically sexually assaulting and raping a man. Analyst 2 in IB - Cov
+8 Here is the PERE 100 Credit. If someone wants to format feel free 1 BNP Paribas Asset Management Alts disre
+8 Hey man, a lot of good advice you got here. If I may, I’d like to share a bit of personal experience when I was trying to get into banking. Green Zeus
+8 I've been on WSO for almost 9 years, before ChatGPT was mainstream. This type of response is consistent with all of my old posts.  Deal Team Six
+8 Mods delete for kid’s privacy liquidiot
+8 btw you can find most previous interview questions on some websites, this one linked here is the most popular one and it held a bunch of my interview questions from Analyst 2 in IB - Cov
+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 yep, it's definitely stress. it's probably one of their first jobs, and it's obviously very important for them, so they're stressing about making a great impression. Kevin25
+8 PJT shills are active lmao... for M&A, EVR has the edge sorry folks. The difference is not huge though, so you're splitting hairs here. Analyst 2 in IB-M&A
+8 Go drink a beer bro Intern in IB - Gen
+8 LOOK AT HIM! THAT'S MY QUANT! Prospect in IB - Gen
+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 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 Hah Half of all bankers are autistic IMO Associate 1 in IB - Gen
+8 Why are you all acting like this is a "sign of the times"? This has been standard operating procedure since the dawn of finance. Nepos and kids of clients get hired at fkn Stifel for crying out loud.  Associate 3 in PE - LBOs
+8 Like the mindset but a bit hypocritical when you then demand they hire your daughter / kids. Screw quotas only when it’s helpful to me. Associate 3 in IB - Gen
+8 Interested in joining a country club in the nyc area for golf. Ozymandia
+8 Probably unexpected but it taught me to care less about a lot of things. I realised that what we were doing a lot of the time can be inconsequential. Analyst 2 in IB - Cov
+8 Hines being on this list is kind of insane as somebody in the development industry. Developer in RE - Comm
+8 There were some interesting comments above... I'll just add one note.  mtnmaster1
+8 I’m not a billionaire.  But built a “boring” company once.  I also used to work in a fancy building in the financial district doing finance, but have been working from home for almost the past 10 years.  odog @digitalimmortality.com
+8 I started in banking and sat directly across from a banks CEO’s son. Guy was incredibly smart and hard working. If he does a good job, who cares? Probably a good contact to have later in life anyways. Associate 3 in RE - Comm
+8 Bump  Analyst 2 in IB - Cov
+8 Don’t know why the MS You’re right It was only 11pm day threePeople stay up all night during finals to study all the time and are completely fine and I guarantee they didn’t stay up all night day 3 of training Analyst 1 in IB - Gen
+8 I GUESS YOU GOTTA PAY IT FORWARD MAN Prospect in IB-M&A
+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 Lowest paying bank on the street Associate 1 in IB - Gen
+8 GIG bonuses? Intern in IB - Gen
+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 That's better. Lead with your value proposition next time. Leave the harvard drop out shit for when you talk to VC plonkers from SF. Analyst 1 in IB-M&A
+8 Based on the most helpful WSO content, there isn't a specific mention of banning AI-generated comments outright. WSO Monkey Bot
+8 real wealth creation is in understanding covenant triggers and DIP financing bros talking about "DIP financing" as if it's the 90s Analyst 2 in PE - LBOs
+8 So I worked at Marcus directly after college. It sucks. the_mantis
+8 UBS is in a death spiral  Associate 1 in IB - Cov
+8 Their strategy seems legit though extremely labor intensive. CEO in IB - Gen
+8 I would avoid FIG at all costs. I have a friend who is an analyst there who has told me horror stories about the new head of the team there and the culture. nyonw79
+8 D3 $50k Bottom Director in IB - Gen
+8 This UBS hatewatch keeps getting better Analyst 1 in IB - Gen
+8 During my time in DL the easiest explanation to my foreign family is that I was indeed a bank teller. Prospect in Research - FI
+8 Analyst 2 in RE - Comm Associate 3 in RE - Comm
+8 I’d seriously consider switching. Lester Freamon
+8 This thread is wild. I can see why all of you fight tooth and nail to keep anon posting going. Rabbit