+1 bro when is JPM eventually going to rise up to the level of the other two. Seems like they are on upwards trajectory Analyst 1 in IB-M&A
+1 job is not heart surgery.she will learn the finance quick - you won't learn the EQ stuff required for the job anonf0fty
+1 I’ll chime in here. As someone who thinks we do need heavier enforcement of anti-trust and many of her actions are net positive, she is absolutely a moron/dei hire. Principal in PE - Growth
+1 Why are all UBS layoffs in productive groups and not in unproductive ones? Haven't heard of any layoffs in the bad groups or even useless ones.  How are the useless seniors across all the groups still here? Analyst 1 in IB - Gen
+1 They all kind of stink, recommendation rerecruiting if you want a solid exit or a career in banking Associate 1 in IB - Gen
+1 That's very helpful, I will be targeting those two groups and trying to avoid M&A and M&T. Wondering amongst the middle groups, how would you think about it? Intern in IB - Gen
+1 That's the plan. However, still want to get into a good group for placement in case I cannot re-recruit once it comes time for it. Intern in IB - Gen
+1 Received Ullix today without an HR round. Did not specify which role. Workday did not update as well. Prospect in HF - EquityHedge
+1 That is backward looking. midwest_analyst
+1 Lse all the way Gainone1572
+1 Welcome back Nathan fielder [email protected]
+1 Look into private credit. It's hiring like crazy.  GoingGoingCaught
+1 Yes. Everyone is making a ton of money this year. Very few guys had banner years last year and lots got fired. Most guys had very good year the year before that. PeterEater
+1 i know some people who got rejected as well, so i would like to think it was somewhat selective xyz123cnhd
+1 Citi. VP in IB - Cov
+1 The main factor why they are underperforming is that they hired a whole bunch of Barclays MDs that are generally bad and they can’t get rid of them because their main boss (also from Barclays) hand picked all his buddies t Associate 3 in IB - Gen
+1 patrick_bateman_ Ozymandia
+1 You can’t tell you’re talking to an LLM broski smh Investment Analyst in HF - Other
+1 Absolutely, especially as a junior. Prioritize what you like and want to do, the money will come over time but you will stick around a lot longer if you actually enjoy the coverage/work Associate 3 in IB-M&A
+1 How easy is it to move abroad internally? Ignore title, currently asso in another bank and got offer from Citi. Analyst 1 in IB - Cov
+1 connect with the people you interviewed with on linkedin. make some small talk throughout the year so that when you comeback to them looking for FT, you’ll have those connections butterboy
+1 Good advice, thank you sir. Anonymous Monkey
+1 Bus stop, bar darling, monaghans, pacific cocktail haven, trick dog, true laurel, mauna loa club, bar sprezz (after work), bar april jean. celeste for early sunset dates Associate 2 in PE - LBOs
+1 Side note but you can use multiples.vc to get comps. Super deep breakdown across tech, so very easy to build your comps set, both public and private. multiples.vc
+1 bump butterboy
+1 Thanks for doing this, found this thread really helpful as I'm also about to join a similar financing and origination role at a BB covering securitised products. REFdkjf
+1 Only play is quant masters, if ur from non target with finance background...there's no linear way other than the masters program.  qualea
+1 So many banks have dedicated recruiting channels just dedicated for accountants not that unusual Analyst 2 in IB - Cov
+1 Getting a roommate is going to be your best bet. Outside of that it just goes down to the same advice in every cite. That would be using hand me down furniture at first. Manager in CorpStrat
+1 do you actually have an offer from them in writing? maybe get to that point first Research Analyst in HF - Other
+1 Yes, that makes sense. If it is indeed an open outcry pit role, then you can expect fast-paced interviews. Mental math will almost certainly come up a lot: quick arithmetic, percentages, maybe some basic probability. DerivativesRiskEducation
+1 There's plenty of escp bsc kids that went into the MiF after, but they all had at least one internship in IB/PE or markets (even small French firms count)  adrien3
+1 Top tier in the US, both are top 5-6 banks there in IB. In Europe, both would be at the bottom end of BB/EBs. Would rank them higher than UBS and Deutsche, lower than all the US BBs, all other US EBs, Barclays. VP in IB - Cov
+1 Associate 1 in Private CreditAnalyst 1 in S&T - FI Associate 1 in Private Credit
+1 Its quite windy in NYC , most of your dollars would be blown away by the wind before you could lay them all down. RestIess
+1 exactly, in fact I don't blame banks for prioritising big4 hires at the analyst level - more efficient, big4 will be price takers, no training cost if they have the aca unders
+1 Motivation is temporary and fleeting. To use motivation for long-term growth is like filling a tank with a quarter of the gas and burning through it to see how far your car drives. FinnesseGod
+1 I’m actually at MBB and our latest cohorts were much more Warwick heavy than UCL heavy. Analyst 1 in Consulting
+1 I agree that it's a massive accomplishment to land any offer just numerically. Analyst 1 in IB - Gen
+1 Congrats, you’re obviously smart and will do well in the industry. My advice would be to take your existing offer and stay in touch with this guy. Research Associate in AM - FI
+1 Maybe I have a bias about Warwick not being an MBB target, but from what I’ve seen over the last five years, the dominant recruitment trend has been Oxbridge first, then LSE, Imperial, and UCL. Lorderic
+1 widely known as a horrible place to work. terrible hours, lack of basic respect for younger employees, stories of leadership retrading folks on equity grants, etc. westcoastq
+1 Cost of living benefit in Houston in amazing; if you work in energy, really anywhere in the value chain your quality of life far surpasses the coasts. chromium73
+1 C&R is the most toxic group at WB, VP and up are all assholes. Most Associates and analysts all leave in under 1 year unless they can’t find an exit. PapayaBlair
+1 Citadel’s conversion rate is materially higher since they have 10-12 interns vs 30+ at p72. Prospect in IB-M&A
+1 Pyongyang M&A market booming right now. Get the foot in the door there and then lateral as fast as u can to Equities in Dallas. Your welcome, Uncle Sam. RestIess
+1 Strongly would recommend taking the offer. Think of it from the perspective of you being a commodity to a P72/C type institution, whereas you have a smaller (albeit great) firm with a senior vouching heavy for you. BBG STRU Enjoyer
+1 OP here Investment Analyst in HF - RelVal
+1 Honestly think you can easily save 1-1.5k a month if you don’t blow it on bag and prostitutes every week. Btw I’m broke. Analyst 2 in IB - Gen
+1 It's very reasonable to save around ~1 - 1.5k a month without living particularly frugally on the IB analyst base largely due to the lack of time and the dinners being comped. Intern in IB - Gen
+1 Read the leveraged loan and high yield primers that S&P Global and LCD publish. You should also understand the basics of bond math and the various numerical metrics fixed income investors/traders use. maestro_
+1 I think it’s telling that when someone simply offers an alternate view point (and doesn’t even say it’s true, just that it can conceivably exist mind you), you instantly retort you “you don’t like trump, you must like LGBT Analyst 1 in HF - EquityHedge
+1 Tech is absolutely garbage deal volume fees down what is estimated to be ~80%+ via this article Associate 3 in IB - Gen
+1 Relative to UBS Americas, it's a middle-tier group for the year, which is just true given deal flow relative to other groups in UBS Americas. I never said they have turned it around. Analyst 1 in IB - Gen
+1 I would tell myself to stop worrying about looking young. Eventually it will be a great characteristic and  it will give you lots of confidence. financeabc
+1 Nobody is saying any of these groups are actually good groups. 1 / 2 notable deal > 0 notable deals all year like other coverage groups like REGL, Industrials, and M&T. Analyst 1 in IB - Gen
+1 I agree, I reccomend this person really focus in on LevFin/CR, but just trying to be helpful here in terms of telling them where groups stand overall. Analyst 1 in IB - Gen
+1 Loving an industry isn't a prerequisite to being successful. Loving the learning process is. So figure out your learning style, how you consume and process information and apply it to any industry that interests you. Determined
+1 I'm not saying this happened to Kathleen (IDK at all). But speaking generally, situations where someone leaves INvoluntarily are almost always smoothed over and made to look like the departing individual left voluntarily. Analyst 1 in PE - LBOs
+1 . Analyst 1 in PE - LBOs
+1 I haven't worked at BW but know/have worked with a dozen+ people who have had stints there. I have no idea on the severance, etc but I'll say a few things: Prospect in IB-M&A
+1 Take a modeling class - Wall Street Prep has a pretty useful one. Once you finish, maybe do a stock pitch with an integrated model to practice. big_dawg
+1 I def will update this thread and if anything else interesting happens I'll PM you and update :)  Tysm for all the advice Investment Analyst in HF - RelVal
+1 Thank you so much! abc.
+1 PE Associate focused on tech. My take in this market fwiw - if 1&2 or 1&3 are true (or if all 3 are true), your equity is currently worthless. arbsat
+1 Bump IRRidescent
+1 bump hornet777
+1 Don't do too much they already like you, just send them updates on milestone or interesting things going on in your life...got an internship, Starting a club or researching smth but don't consistently send holiday emails. Bluesniperr
+1 That is honestly just not true. Ivey HBAs do get curved to 80% but that's in 3rd and 4th year. rabbitfootbill
+1 There are a distribution of outcomes. Some firms will say no way fuck that. Some will, like the person above, be understanding. Analyst 1 in IB-M&A
+1 Purely eyeballing, I’d say the office is about 50% Oxbridge, 30% LSE/UCL/Warwick/Imperial, 20% other which is mostly Bath/Bristol/Kings/Edi/Durham etc. with no uni particularly standing out. Analyst 1 in Consulting
+1 Depends on what you want to do within private credit? You could network your way into a biz dev role in PC at a smaller shop.. if thats what you want. VP in Private Credit
+1 It doesn't need to be nepotism. If you grew up at the feet of a highly successful finance executive, you're probably going to know more about the industry and how things work than a random. iComeAnon
+1 Analyst at opportunistic debt fund. 55-75 on 99% of weak. Average weeks around 60-65. Very manageable WLB for the most part. Analyst 1 in IB - Cov
+1 Associate 3 in IB-M&A Associate 1 in Private Credit
+1 VP in RE - OtherBuddy, go touch some grass.  Rick Kane
+1 Need more input. MidasMulligan
+1 Allen Iverson simply doesn't have the polish required to get a RO.  Do you even know your history? RestIess
+1 Yeah interesting advice but context dependent on the last one. hedgehog9
+1 Take the chances. You will fail sometimes, and that's ok. hedgehog9
+1 3.8/ 3.9?  Six seven RestIess
+1 Just join the Navy bro, from Deal Team to Seal Team Analyst 1 in PE - LBOs
+1 Don't do it, There's a reason most people leave within a few months. Associate 2 in RE - Comm
+1 do not do this the job market is terrible I've been unemployed 1.5 years (working for a startup in meantime) but for finance unless you're a rockstar for any kind of role/know an MD its super hard to even get interviews. need4yield
+1 I personally wouldn’t care at all and would go to bat for you if you were otherwise competent as I do not believe this should matter Senior VP in PE - Other
+1 You're absolutely right. Prospect in HF - EquityHedge
+1 I also had my R2 last Wednesday. Still waiting to hear back julesm
+1 Tech tier 2? I've heard very differently, what is that based on wakaflaka5
+1 Depends on the city. However, assuming for NYC placements, better than all those schools besides Georgetown. It’ll also be way more fun than the other schools on that list. hatedChimp
+1 Associate 3 in PE - LBOs Associate 1 in Private Credit
+1 RPI is a non-target. You should do some digging on forums here regarding what Target/Semi-Target/Non-Target schools are. Plenty of resources. DealFlowDan
+1 So you’re saying AI will crash but bitcoin won’t 🤡  analyzinganalyst
+1 These are all great. NA in IB-M&A
+1 Honestly I dont have a strong opinion/ positionon bitcoin. I dont own any, never bought any. Im probs the exact definition of stupid money when it comes to crypto  RestIess
+1 There's been a clear shift away from alcohol and drugs, towards health and longevity, across all of finance imo. It will not do you any favors, and tests are common. QuiltEmerson
+1 Was in coverage and heading to coverage group but had looks across product groups as well (M&A and RX) icositetragon
+1 This is why we also have a brain drain at the elite schools where many just go into IB/Consulting over law school/engineering/medicine due to stagnating salaries. Barbanzo Analyst Warrior Type 2
+1 for culture think Nanjing and for exits think corporate and not anything quality in investing Analyst 3+ in IB-M&A
+1 If you aren't going to credibly turn down the offer if they don't give it to you, then why should they give it to you? Principal in PE - Other
+1 thoughts on M&A vs FSG? toxapex