Highest Ranked Comments In The Last Year

+8 Here come the troll comments lol Intern in IB-M&A
+8 Hours and culture, yes both very bad and very sweaty. Inaccurate to say FIG doesn’t do deals, as FIG contributes a lot of IB revenue though, primarily through lead left LF deals/financings.  Associate 1 in IB - Cov
+8 Need to clarify if it has lipstick on it or not. Can change the valuation dramatically.  CRE
+8 That is wild, but some people get super particular with their food. I had an MD who was obsessed with the Smurfs and he would keep blue food coloring at his desk and use it like some people use hot sauce. VP in PE - LBOs
+8 If you’re done with PE, you can do this with very little downside or risk.  Associate 3 in PE - LBOs
+8 I am less bullish. The acquisition rates for the most recent t-minus 2-year searchers (from traditional paths) are pretty poor. Under 15% of groups and individuals acquired I think. Trader in S&T - Comm
+8 And the Oscar for animated short film goes to…  Analyst 1 in IB - Cov
+8 A big nice wet kiss on the lips Senior VP in IB-M&A
+8 Analyst 2 in RE - Comm Associate 3 in RE - Comm
+8 That, or have something/someone to look forward to seeing when you go home everyday. Determined
+8 I don’t spend a ton of time in the Canadian market but was doing a meeting book for a public (TSX) Canadian business with like $30M of EBITDA. Quaneaser
+8 If you can't figure out how to read a newspaper, I don't know how you think you're going to make it on Wall Street. thevillage
+8 I did my IB stint @ RBC. It really varies by group. M&A, FIG, PU&I and HC? Yeah, this was a thing. But not all the groups are like that. Manager in CorpStrat
+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 Putting in my two cents here. My firm recently implemented Claude and, so far, it performs materially better than OpenAI when working in Excel and PowerPoint. SquirtLebitda
+8 always get a good laugh when people think we actually build anything  Partner in PE - Growth
+8 My UBS bullpen is loving this short please make a sequel! Analyst 1 in IB - Cov
+8 Nothing Mason or any of the other kids in that article said was controversial at all.  Just listing their hobbies, job, etc.   Soros_
+8 This is just how the world works though. financialrepublic
+8 Needs more scenes of analysts getting abused, plz fix  Associate 1 in IB - Cov
+8 Congrats on Turkey! Prospect in IB - Gen
+8 For stressed / distressed situations where liquidity is a question you should build a 4-8 quarter cash flow walk (EBITDA -> FCF -> other S/U -> change in cash) that flows into updated liquidity levels (Cash/Liquid Principal in HF - Event
+8 Idiotic VP in PE - LBOs
+8 South Park next? Analyst 1 in IB - Gen
+8 The BSDs that we all read about and aspired to be - few of them took the conventional route to success. Did Stevie Cohen have GS pedigree? WSRaider
+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 Bain SS is more exciting than HVF; HVF there will be some interesting deals but a lot of chunky prefs, pref converts, holdco prefs, etc. which get boring after a while. VP in PE - LBOs
+8 Some people scroll on social media, I use some of my intermittent downtime to help people out by posting here. There are plenty of PMs and other people here posting during market hours.  Determined
+8 I actually think the culture is good and the firm mostly leans sweaty not toxic. ccfarmer
+8 Theres a lot of stuff to unpack here, but the main thing is: dump your girl man— i don't know the entire story or you or her, but any girl who says she’ll break up with you because of your job isn’t the one. Prospect in IB - Gen
+8 If you want to leave PE because you're burnt out and don't like the work, then I think it's fair to look at tech/Corp Dev. mrharveyspecter
+8 You made some interesting arguments but I think some important nuances are missing. neil88
+8 I might be in the minority on this, but I find the 'per share' method more confusing than just sketching out each step of the waterfall based on (i) proceeds available/needed to be paid in that step based on the design and SaaSChimp
+8 Investment bankers help companies sell or buy other companies. That includes giving advice on valuation, negotiation, evaluating alternatives, coordinating lawyers and consultants in due diligence, etc. Mastery 7 IB Shitter
+8 Holy ChatGPT Analyst 1 in IB - Cov
+8 wetlamplord Director in IB - Gen
+8 Its a tough game, depending on your PM and their general mindset/mentality, asking to step away could be a bad look. econometricks
+8 Funds aren't returning capital, so let's buy the stakes of those funds that aren't returning capital because eventually someone will buy my stake 10 years down the line and I will make 9% IRR. Associate 3 in PE - LBOs
+8 Least obvious TMU student bananapiano
+8 Objective ranking here, split between exits and deal flow:Deal Flow (5-year rolling):1. CVP, JPM 2. GS, MS, EVR 3. Citi, BofA, PWP, Laz, Moe (good for services) Exits Intern in IB-M&A
+8 can anyone confirm they cut 15 kids out of 40 in the most recent summer class Analyst 1 in HF - EquityHedge
+8 I'll keep it going since I have nothing to lose. Bonus: ~$32,000 Year: Analyst 2  Location: MCOL Bank: Comparable banks include Intrepid, Stifel, FMI  Bucket: Middle Analyst 1 in IB - Gen
+8 Principal in PE - LBOsA lot of sour grapes here from banking MDs. Managing Director in IB-M&A
+8 Go to Stern.  It provides very comparable opportunities to Wharton.  Only way Wharton helps you, maybe, is that if you slip up and do medicre academically, maybe Wharton opens a door that Stern doesn't. Dr. Rahma Dikhinmahas
+8 Have unwritten quota to hire half international Associate 2 in PE - LBOs
+8 Championing meritocracy! Analyst 1 in HF - EquityHedge
+8 UBS still had various UMM/MF exits from some groups, think all of Industrials / LevFin / Tech had more than 1 UMM + PE exits with other groups like consumer, FIG, and M&A having one UMM exit too. Associate 1 in PE - LBOs
+8 There isn't really a single agreed-upon standard set of best practices, as different firms have different model approaches and level of detail, but some of the tips I teach/try to hammer into my analysts: Mastery 7 IB Shitter
+8 As strange as it may initially sound, you don't get paid mainly on how hard you work, how much you sacrifice, the #hours you spent developing, etc. 23mich
+8 Chinese intl student who didn't hire OSG and went to any of the school clubs Prospect in IB - Gen
+8 Yea it really just depends which kids you meet. I’ve learned you can’t generalize a single school. rolo25
+8 I'm in Europe but when I read stuff like this I always gotta ask myself: how on earth are you guys enjoying big-city life when you are working at a bank/PE?! Associate 2 in PE - Other
+8 Ironically this is the perfect “walk me through a recent deal” scenario for prospects. Literally can use the same one for any bank you interview at Analyst 2 in IB-M&A
+8 I am still in my second year of PE at the same firm (UMM tech buyout), but I will soon start looking for a new role this fall rather than take senior associate (I just wrapped up a summer in which I worked a ton on live de Associate 2 in PE - LBOs
+8 Banking overrated Analyst 1 in IB-M&A
+8 Yes spam upvoting it’s the only way to raise awareness to what a hellhole this place has become. Associate 3 in IB - Gen
+8 Jeff needs to go down lol Analyst 1 in IB - Gen
+8 Wahhhhh wahhhh compliance! Take the tampon out. KageSelly
+8 Nobody wants to use your scam prep tool. Analyst 1 in IB-M&A
+8 Hear you I get that it’s a volatile business. 2022 was a bad year, fee pool cut in half, etc But as market recovered they never readjusted bonuses VP in IB - Gen
+8 We need to bring back seppuku for special cases like this Analyst 1 in IB - Gen
+8 dude you don't know if this Singapore, Hong Kong or even India LOL.He could very well be from the Mumbai office of JPM.  Analyst 1 in IB-M&A
+8 It's a lot like reddit. I hate that platform now. Not a single braincell to share amongst most people. And it isn't just people on the right(I am a Democrat who voted against Trump 3 times for emphasis). usernameladiesman217
+8 My steak is too juicy. My lobster is too buttery. kellycriterion
+8 Man just put the fries in the bag. Analyst 1 in RE - Other
+8 Not super different - helps when there's a banker VP in PE - Other
+8 Curious to hear more senior folks opinions, but I think this is just the natural maturation of the industry. In the early days, there aren't a ton of rules, bureaucracy is low, it's the wild west. QE_Infinity
+8 Maybe just don't shit yourself on a first date as well NYCmonkey64
+8 So many UBS bum MDs just taking massive paydays from UBS wealth management. If you are in wealth management your pay could be worse because of how much of a burden the US IB puts on the entire company Analyst 1 in IB - Cov
+8 I am a little bit too close to one of these, so I know the pros and cons in detail. My personal view is that they're fairly hard for reasons that aren't obvious from the start.  The pros are: VP 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 It is absolutely realistic. jl12
+8 People are delusional here. AI will 100% be cutting junior talent materially in the next 5 years. It won’t be 50%, but it will be 10-20% which will tighten the opportunity pool significantly. bankerbuddy498
+8 First Dubai chocolate now Dubai LBO Associate 1 in PE - LBOs
+8 Bankers are a lot closer to homeless than they are to billionaire status. Corp_titan
+8 Not very deloitteful Intern in IB - Cov
+8 giving this a shot in the name of trying to help. Please don’t MS me.  Hags28
+8 This is what my friend told me he got, but idk if they change? Can sb confirm? Bitsyyy
+8 Always funny seeing prospects on here disparage other prospects and incoming SAs. I suppose one has to respect the spirit of competition y'all have amongst one another. Analyst 1 in IB - Gen
+8 everything gets harder as you get older, but I'd argue it's less because of the brain and more because of other commitments. thebrofessor
+8 wtf? OP asked about the specifics about T&E policies on when is and/or is not appropriate to expense for certain items. You went on a tangential rant about going to some girl's apartment. JBK
+8 Meal stipend £28.5 after 8pm. Gym on site and costs like £50 per year (yes, year), taxi home after 9pm (those black cab ones), fruit is free in the cafeteria. Analyst 2 in IB - Cov
+8 I'm going to revise my answer a bit because it is a bit more nuanced. In general, price = yield relationship is true for nearly all performing credits. Principal in HF - Event
+8 I felt the same way as you did when I first started at UChicago around ten years ago. I applied to transfer, but never followed through. 11A-Analyst
+8 My view is there's roughly two camps of employees - those who've been getting reps the past 4 years and those who have not. asmith_1
+8 You forgot to mention the ultimate DEI Becky, liberal warrior white girl, Emma. Her sidekick Asian Becky, identifies as Kristina, but real name is Chow Ming Li. Both are acquaintances with DEI Pooja from Lev Fin. Principal in IB-M&A
+8 Was this at Wells by chance? Analyst 1 in IB-M&A
+8 I won't ignore your title, actually. Who the fuck are you? Analyst 2 in IB - Cov
+8 Seeing a lot of comments about how long hours and being on call is something we should just accept in IB. So I am going to go in a different direction and say that with the advent of automation and AI etc. Associate 2 in IB - Cov
+8 They just executed a man. I look forward to how some of you all will try to spin those horrifying videos. Devils Advocate
+8 Can confirm, have heard it will be brutal Analyst 2 in IB - Cov
+8 McKinsey brand is superior for almost all exits, excluding PE. McKinsey is also the "household-brand" and generally a stamp-of-approval that you will be able to get at few other places in the white collar world. Associate 2 in PE - Other
+8 Sorry, actually answering your questions: Associate 1 in PE - Other
+8 Regarding niches, I can’t speak about data centers, but I did find success in purpose and financial in senior living. odog @digitalimmortality.com
+8 What is D.A. Davidson BigMonkeMan
+8 How did UBS manage to move up in the rankings  Prospect in IB - Cov
+8 Recruit for RX Intern in IB - Cov
+8 My honest reaction to this is it sounds like you dropped the ball. Associate 1 in PE - LBOs
+8 It's just a function of average target grad vs top Ivey grad. The top decile of Ivey is comprised of kids who would have gone to a US target but did not due to financial/family constraints. Analyst 1 in IB - Gen
+8 Because I have the time today and tiktok historians like you are so insufferable. Here we go. The entire argument rests on a cartoon version of history. WSOBURNER69