+1 That’s the classic “IB = busywork, PE = actual work” fallacy. In IB you’re indeed professional slide janitors half the time, whilst in PE you get to touch something that might actually matter. andrevc
+1 My advice: Automate the crap you can, track the real movers, and save some sleep; being awake ≠ being informed. andrevc
+1 You’re in a good spot — networking early with alumni at BBs is exactly how you play this. andrevc
+1 Totally realistic — an MBA isn’t strictly required, especially if you’re willing to start as an analyst. Your math degree + rotational experience already gives you a solid foundation but networking will be key. andrevc
+1 You’ve got the basics right — royalty proceeds are usually gross revenue × royalty rate, adjusted for things like returns, allowances, or tiered caps. andrevc
+1 Pretty much — if “sleep is optional and your social life dies” counts as a selling point, welcome to the cult. Coffee is the sacrament, Excel your ritual, and your bonus is the afterlife. andrevc
+1 Exactly — if you’re going to suffer through the grind, might as well get the banker paycheck. andrevc
+1 Totally get it — in long-short HF roles, your “impact” is really just on investor returns, not the companies themselves. If you love analysis, pattern spotting, and trading, that’s satisfying. andrevc
+1 Congrats on landing the treasury offer! Corporate Treasury can give you strong exposure to cash management, liquidity, and funding strategy, which are respected skills and can definitely strengthen an MBA application. andrevc
+1 It’s a numbers game, people are busy, just keep going 2. This is very generic email you need to be more personable. Analyst 1 in IB - Gen
+1 It seems like you've crafted a poetic and evocative ode to Wall Street Oasis, blending classical references, modern ambition, and a touch of existential reflection. WSO Monkey Bot
+1 Housing hasn't been a thing for years now. Relocation on the other hand should still be possible mayoineko
+1 DEL Intern in IB-M&A
+1 Yes. It is fair to say most people who go to AC will have a phone or zoom interview with an Associate / Analyst beforehand but it is not mandatory.  Anon6
+1 How do prospects already have mentees now LMAO Analyst 1 in IB - Gen
+1 Degree likely doesn’t matter as much but if you’re willing to, go for something more quantitatively oriented. BBG STRU Enjoyer
+1 Do you think that this cohort is just a one off and the generation after is going to be better off? Matchabee
+1 That’s a really great example Isaiah  odog @digitalimmortality.com
+1 This is wild, but it may work. shkdj
+1 I have a feeling that soon there will be an industry dedicated to helping students with green cards or citizenship secure those junior H1B positions, using the method you mentioned earlier. shkdj
+1 What are the comp and hours like as an analyst? well-well
+1 I think they will continue to hire, but can move you to a different country after 2 years once F1 expires instead of filing for H1. That can be home country or one that’s more flexible (Canada, UK, Australia, EU, etc.). Intern in Consulting
+1 i think they’re relatively similar but gun to my head and i would say NYU. David Constabile
+1 But why? Can I ask. You already have a lot of work experience  Pizz
+1 Guess it all depends what you consider enough to retire. Habeas_Corpus
+1 The days of high rentention are over   VP in PE - Other
+1 WUIB at top VP in IB - Cov
+1 Why is that? I have heard their business school as good reputation and places decent in midwest firms? SoCalTrader
+1 iirc EMEA Technology / Media and Comms / M&A all have super high levels of Europeans from HSG/HEC/Bocconi. pretty sure they had zero British students. Analyst 1 in IB-M&A
+1 Adjacent job; trying to lateral at the moment and feel like people are more willing to interview me versus when I was recruiting for the first fulltime job out of school 62991
+1 OP here Prospect in IB - Gen
+1 OP Here. Like I said below, I'm pretty damn tired boss. Prospect in IB - Gen
+1 Skydiving is great. I’m biased — but I think everyone should try a tandem at least once. bsbd
+1 Being at one of those schools with a high gpa + decent networking will get you interviews but advancing will depend on being able to talk convincingly about either past finance experience in internships or about a company/ youngbuffet
+1 Think there was a substantial population of Iraqi jews during the time of the Raj, but might be mistaken/essentially a meaningless percentage of the total population.   Daemon145
+1 Prospect in IB - GenOP Here. Like I said below, I'm pretty damn tired boss. RestIess
+1 So if I’m understanding right, more headcount should generally be thought of as worse culture? Associate 3 in PE - Growth
+1 I was from AC1. I apologise if this is not too helpful but i've asked 6 people from the AC and from those 6 people only one of them got it.  Intern in IB-M&A
+1 Man, I love threads like this — not all of us are out here rocking $10k flex pieces , Sometimes a good under-$1k watch is just more fun and easier to wear. jacobcapri
+1 What an absolute clown. I genuinely hope NYC goes to absolute crap under Mamdani so that the rest of America can see exactly what happens when an America-hating socialist is elected into office. therealgekko
+1 Athletes will do outreach to former players from their team, not some random cold outreach.  m8
+1 Tiger Balm, Normatec recovery boots (expensive) Isaiah_53_5 💎🙌💎🙌💎
+1 100% tap the nepo connections. Why not? chadmaxxer
+1 Swimsphinx wise-disciple-16
+1 They have a talent for buying NetCos in developing countries, generating amazing results in the process Associate 2 in PE - LBOs
+1 LinnaeusMaximusLES is pretty dirty  Ozymandia
+1 is this BMO? no_home_jerome
+1 this is post-ug/masters level. idk about mba. and yes, US offices Intern in Consulting
+1 Is the staffer CC? [email protected]
+1 They already do that anyway—know someone at a different MBB from mine who has been in Canada for the past year for that exact reason Intern in Consulting
+1 seems like CC's removed his linkedin as well lol lollololol
+1 When I was a student, virtual 100%. Now that I'm on the other side, would prefer in person Analyst 1 in PE - Other
+1 There's no way aussies actually all start their sentences with "hey mate". Making me think that's how aussie emails start too. Analyst 1 in PE - Other
+1 tbh i think wisco is better. indiana kelly’s IB placements are mostly due to the IBW program, which is great for those who get in, but idt it reflects the quality that the majority of finance kids access at indiana. xyz.oop5892
+1 Deal flow doesn't care who the mayor is... PrivateTechquity 🚀🚀🚀
+1 SoCalTraderWhy is that? I have heard their business school as good reputation and places decent in midwest firms? David Constabile
+1 I mean, apart from Vandy, which is a semi-target, these schools are basically the same in terms of prestige and placement.  David Constabile
+1 You're right that going to SKY doesn't help with NYC recruiting at all. Regardless, if you can get into SKY, I might suggest doing so, as your other options don't look the best. David Constabile
+1 Sure, I suppose this is possible and in fact seems appealing to coast through and get promoted all the way up, until you realize that a declining bank = higher chance of layoffs and harder to win business as a senior. Analyst 1 in IB - Gen
+1 can you afford it to go a more expensive school? 5k a year is pretty fucking cheap. David Constabile
+1 You sound like a puer aeternus. research it. Analyst 1 in IB-M&A
+1 i’m a senior in hs too. where’d you end up applying? David Constabile
+1 Heard this through the grapevine, but the firm is deep in the water (take with a grain of salt). "Climate" investments are a hard strategy, esp right now. Associate 3 in PE - Other
+1 Very stodgy/institutional hampered due to French HQ. Balance sheet work helps and I know of a couple of seniors trying to change that but they are at a disadvantage. malcaltent
+1 Yes you can and will continue getting promoted as the year's go on if you're a rockstar even at declining firms as there's always spots for people a firm thinks is strong/will in the future bring in fees. Analyst 1 in IB - Gen
+1 yeah ik they do it (at least it was in my contact before any of the h1 stuff) but I don't think it's a very well known fact Intern in Consulting
+1 Thanks for doing this Deal Kangaroo! Back in my IB days in Hong Kong, I noticed that there are quite a few Aussies from global banks in Sydney that transfer/lateral to a bank in HK. expatdogowner
+1 To be honest, most internal messages and emails do indeed start with a “hi mate” and every morning in the office starts with multiple “good morning mates” as you wonder in. Deal Kangaroo
+1 JPM PB is p much WM . You should def take BofA GCIB b/c ull build a much more useful skillset in credit and corp fin. Analyst 1 in IB - DCM
+1 Hey man Saw your post about Vanderbilt MSF and wanted to get your honest thoughts on my chances. user63738283
+1 You didn’t mention your line of work, so I’m just assuming career path is also something you are trying to figure out.  odog @digitalimmortality.com
+1 Seems typical institutional waterfall, though I'm used to seeing IRR hurdles instead of equity multiple hurdles. mahmood.farhan
+1 this was surprisingly very well written  anonymnous
+1 Lol thats such a dik move but many of us are diks so expected lol... sometimes people drop technicals to help you and not to formally judge you but seems like in your case it isnt Analyst 2 in IB-M&A
+1 thanks for the resources, god bless ya Prospect in IB-M&A
+1 My associate was proudly telling me he asked an undergrad about ifrs 16 adjustments during a coffee chat… Intern in IB - Cov
+1 Aussi finance is super chill from the interactions I've had. Wish you guys made more and weren't so oppressed by the 2-3 bank monopoly. Can't wait to visit! PrivateTechquity 🚀🚀🚀
+1 I'm talking about if I spent USD 70k a  year to send my kid to a pri PaulAllenIsInLondon
+1 I think CoStar’s conservative rent growth projection could be factoring in broader economic uncertainty and potential supply from projects still in the pipeline. mattewwade
+1 I did the opposite. I’m American, joined the Legion at 18, transitioned to the reserves to go back to the States to start college, broke into the HF industry post grad (with the help of WSO, sincerely). Intern in HF - EquityHedge
+1 Might be unpopular advice but try to limit your reach to alumni and people with things in common. Analyst 1 in IB - DCM
+1 Schedule some time with your staffer and ask this question to them (rephrased of course to highlight your eagerness to excel in the analyst role as opposed to simply elevating how you are perceived). limeandpunishment
+1 Bros just waffling nutmegger189
+1 It’s a question. With famous people, you see them, and making millions under 25 through entrepreneurship would pretty much have to be in tech. ilyesbg
+1 Bocconi is a solid target RestIess
+1 Thanks for raising this topic—it’s a crucial one for many of us navigating recruiting in IB. vincevilley
+1 If you back test the CoStar projections you will find they have very little predictive power. Very simplistic and algorithmic. larry david
+1 Would not structure a merchant build waterfall off EM because it is a short life for the JV. We only us EM as targeted metric for long/medium-term investments with cashflow.  ThatGuyBalls
+1 It’s dependent on where you sit in the organization, the Field Consultants, Investment Directors and Research all have different ranges and rolesFor most the seniority range caps at Principal.  Works at Mercer
+1 Don't buy them, as someone mentioned, but in terms of killing cravings, chewing sugar-free gum works wonders. You can also drink diet soda. Manager in CorpStrat
+1 Some people are just wired differently than the rest of us. crazylifechoices
+1 I’ve been with my wife for 12 years now and would never want to be single in this day and age, but If you want to be single, just be single. CRE
+1 More pain for investors in another Ashcroft deal. This one is tied to the property @ anthem town east near Dallas, Texas loavesfishcapital
+1 You bring up a good point. Doing nothing and living with no purpose is absolute hell. Some of the happiest, most content, most satisfied people I know are the 60+ year olds still working jobs they love. Lacost
+1 alpha move right there Mike_wacczowski76
+1 Being able to show up for my friends when they need me Fast and Fiduciary
+1 Consulting in the uk is definitely Oxbridge focus especially newton Earnout33
+1 Earnout33Consulting in the uk is definitely Oxbridge focus especially newton Yh thought so and I think the no. of seats is crazy small RestIess
+1 Can't say I've ever had a 60% IRR deal on paper. Maybe EM is right in that case... ThatGuyBalls
+1 Just checked your profile. 4,000 silver bananas but not a single bi*ch. RestIess