+8 How long will it take for DEI complainers to realize they didn’t get X job, opportunity, whatever because they fucking aren’t good enough? We could have expunged every minority on the U.S. liquidiot
+8 putting those middle school math skills to use, after compiling the numbers posted so far we get a distribution of outcomes with a mean of $1.2M and a median of $175k. Quant in HF - Other
+8 Hard disagree. As a former assistant branch manager at the Wells Fargo Anchorage branch, I had a lot of resumes come across my desk. lucien_de_montclair
+8 For what it is worth - I never thought highly of HIG despite having sold to them multiple times as a banker. As a coverage banker their questions were always dumb and they rarely had any real sector knowledge. SeekingAlpha180
+8 Congrats on going to UChicago after Exeter and landing in TBC Consumer Intern in Consulting
+8 the silence is telling… UBS provides no Americas IB breakdown, while explicitly calling out strength elsewhere, a massive red flag Associate 2 in IB - Gen
+8 Very easy that being 10% down in revenue the discretionary IB bonus pool, outside of guarantees, could be down 50% plus. Explains the apparently very low numbers we’re seeing  Intern in IB - Cov
+8 Hearing rumors of some high level departures for the IB in the coming months Analyst 2 in IB - Cov
+8 This thread is wild. I can see why all of you fight tooth and nail to keep anon posting going. Rabbit
+8 STFU Marco  Analyst 2 in IB - Cov
+8 Get to $10m net worth at 40 and then Dagestan & forget Associate 2 in PE - LBOs
+8 Interesting. Perhaps cutting 10% of their workforce including 12 partners in Feb was a preview. A lot of people forget that PWP is publicly-listed. Analyst 2 in PE - Other
+8 So many “Anonymous Monkey” posts lmao, I’m pretty sure half the comments are the same guy. Analyst 1 in IB - Cov
+8 Yea I got some thoughts on this. My guess is that Goldman led the deal and shopped the financing hard and pushed lenders to get the best deal. Hags28
+8 Chipotle bowl weight dispersion graph Principal in HF - Event
+8 Synergies are easy to underwrite, just fire all MDs (who don't bring deals anyway) Partner 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 In what world is a Marshall degree more prestigious than a Stern one? rooseveltfan
+8 Cornell without a doubt. How is this a question? Analyst 2 in IB - Cov
+8 can confirm.  feels like knowing hindi or mandarin is potentially the best way to get far in this bank. Associate 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 UBS has a lot of Asian juniors. Think this is a subtle culture nudge Associate 2 in IB - Cov
+8 I'd put it this way regarding stern: if you are smart and willing to put your head down and work, there are very few schools that will get you better opportunities (HYPSMW, Columbia, and maybe UChicago) on both sellside an 188m
+8 Greylock's lost a step. Haven't been as successful in AI as the other top names. VC_since13
+8 UBS management clearly the worst IB management on Wall Street right now Analyst 1 in IB - Cov
+8 It really depends on if you’re done with finance or if you still like the job but you’re just tired.  Associate 3 in PE - LBOs
+8 There were some interesting comments above... I'll just add one note.  mtnmaster1
+8 She is a DEI. Nobody will hold her accountable, in fact, MDs will commend for this.  Principal in IB - Cov
+8 Do you tend to have general difficulty in social situations? I hope you’re good at execution work…  Analyst 1 in IB - Cov
+8 ojapar20See, this wouldn't have happened had the left not launched a dozen phony cases against him. IsItREPE
+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 OP Here, seems like I can't edit my original post anymore so adding the consolidated results into my previous comment here. Analyst 1 in IB-M&A
+8 Here is my personal experience as an analyst at 3 IBs: Hags28
+8 Every other week there is a young gun like yourself who comes on here to ask these incredibly basic questions about what it is hedge funds do and whether you can eventually work for them. Investment Analyst in HF - EquityHedge
+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 Current A1 and we just wrapped up our summer analyst process this week, so I can now speak from the other side. Analyst 1 in IB - Cov
+8 Super happy to see this. There really aren’t enough threads about UBS sucking ass. nontargetmarket
+8 Wait until around late January and then late May of your first year to network and apply. Analyst 1 in IB - Cov
+8 It's a good school with a strong reputation on the West Coast and internationally (slightly weaker on East Coast). Associate 1 in IB - Cov
+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 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 HL NY Analyst 1 in IB - Gen
+8 OP’s ass Intern in IB - Gen
+8 It’s totally alright to be casual with them. Only thing I would say is don’t tease or roast them too heavily. Analyst 2 in IB - Gen
+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 Anyone know GS? Incoming Analyst in IB - Cov
+8 I think anyone could train to go sub 4. Depending on how fat you are, it could take time to trim down. Get the right gear (Garmin watch) and Strava. Completing a marathon is all about staying disciplined. Isaiah_53_5 💎🙌💎🙌💎
+8 Let's call a spade a spade, most Canadians who make it over, TN or otherwise, do so because they are flat out better candidates than the other candidates. Director in IB - Gen
+8 Focus on 2019 or 2022. Both were great years to be looking for a job.  CRE
+8 In big banks, promotion and layoff conversations with Group Heads are steered by women like her. VP in IB - Cov
+8 I would highly recommend touching up on your technical prep. I feel like your background and resume should be good enough to convert interviews. Analyst 1 in IB - Cov
+8 I think both the legal and ethical aspects need to be considered. From a legal POV, your firm is likely to have a policy that regulates recording of communications. mtnmmnn
+8 Doesn't really matter to me. Do you have the answers to my questions  fw4532
+8 We really only hire those that finish the modeling test the fastest. We like to see that they know all the shortcuts Associate 3 in IB-M&A
+8 What investmenttbanking
+8 tf? do your job? check that the font looks right on slide 34 KeepItLeanGreen
+8 Working at Jefferies is like putting your Johnson in a door frame and slamming it shut every day of the week KageSelly
+8 Shitty situation, but if your gut is telling you the seller isn't trustworthy, then I wouldn't fret. VP in PE - LBOs
+8 WLB during the week to execute on a transaction that builds your skills and resume up isn't the main problem, its the weekends that get blown up for no reason and/or the unnecessary facetime cultures some firms hold onto i Associate 2 in IB - Cov
+8 It's because nobody in NYC thinks about FTL .  Rabbit
+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 Not exhaustive and focused on investors with a US presence: Large cap: KKR, GIP (Blackrock), Blackstone, EQT, Brookfield, Stonepeak, Digitalbridge (digital tilt), MAM Associate 3 in PE - LBOs
+8 I would only even consider mba if it’s H/S/W. If it’s not, don’t waste your time and money and risk not getting back into PE. Associate 3 in PE - LBOs
+8 "Essentially, we must all quit and create a firm together. With 3/5ths of all the Wall Street junior talent joining one firm" AnonymousWSO3
+8 Yes, but with a huge if.  You have to be wired that way, and you need to set your personal life up around it.  The good ones do a breakfast and lunch 3-4 days a week, and dinner 2-3 nights a week. Count_Chocula
+8 throw ur juniors under the bus, play politics with seniors Prospect in IB-M&A
+8 Former employee who recently quit UBS. I think the posts are mostly rooted in reality, albeit sometimes pretty exaggerated. Analyst 2 in IB - Gen
+8 Bro chimpychimper
+8 Bankers are a lot closer to homeless than they are to billionaire status. Corp_titan
+8 Okay youre sort of moving goalposts but I'll bite. I was kinda talking "making millions" you're now talking being well into decamillionaire liquid NW which are obviously very different things. nutmegger189
+8 del Prospect in IB-M&A
+8 To echo CRE, if you're reading (in a real publication - not linkedin) about a deal and someone's quoted/mentioned, that's impressive, as it was worthwhile enough for the author (who makes a living writing about real estate asmith_1
+8 Its not really the rates (I mean yes, it does certainly play a part) but its the multiple expansion/contraction. VP in PE - LBOs
+8 Friendly reminder that a luke warm bowl of soup could do the work of a private credit associate  Principal in HF - Event
+8 JPM too high imo. The bank is doing well but few folks would take it over MS or PJT for eg. Otherwise the ranking looks good Intern in IB-M&A
+8 Private equity / lp side of industry: .Nana
+8 EB ASO1 - 450 all in  Analyst 2 in IB-M&A
+8 the space didn't die, it changed shape. the classic play - buy the fulcrum security at 60, come out owning the reorganized equity - shrank because the default cycle never really came. LedgerShelf
+8 Synergy is WM makes the revenue and IB spends it Analyst 2 in IB - Gen
+8 47 $30mm, 10 liquid, 10 property, 10 illiquid / privates  Managing Director in IB-M&A
+8 Congrats on Wells Fargo Analyst 1 in IB-M&A
+8 You're thinking the wrong way if you're thinking about getting onto the buy side from a "societal prestige" perspective. But I digress. Research Analyst in AM - Equities
+8 In terms of products anything liquidity-related tbh. Securitizations/Private ABLs, Secondaries, sponsor-based private credit towards portcos, GP stakes. Gold-ManSacks
+8 Makes you wonder how much of the “retention” is actually retention versus a frozen job market. It’ll be interesting to see what happens once people have real options again. Bulldogs99
+8 Oh the irony of being ex-McKinsey and claiming to care about healthcare / social impact. NewIndustryHorizon
+8 Sounds good man. Come back after next Monday’s team meeting and regurgitate whatever your partner says to convince you the house isn’t on fire. VP in PE - LBOs
+8 WLB is overrated because you live a boring ass life? Lmao.  Rabbit
+8 One of the few times I get to chime in on an area of expertise on this forum, so here goes.  First off, generally agree with Director in IB - Restr, golden takes, and extremely accurate. Associate 3 in Legal
+7 Seems low compared to these numbers and where u work lol Associate 1 in IB-M&A
+7 I would immediately start networking for 2028 FT because UBS return rates are ass. Analyst 1 in IB - Cov
+7 Congrats on WCM Intern in IB - Gen
+7 I'm sure there are openings / places that will take a 2 and 2 UMM PE associate, particularly newer LMM funds. That being said, is that really what you want to do? Associate 1 in PE - LBOs
+7 thegoat2535 PrivateTechquity 🚀🚀🚀
+7 You should choose a career that you're genuinly interested and curious to learn as much as possible. GS under Blankfein
+7 The whole idea of prestige is a scam. No one cares. devildog2067
+7 agreed. DB is a fucking machine in EU, specifically Germany. FIC group is top tier there. Prospect in IB - Cov
+7 Senior associate here. TBH sounds like this vp was on his way out and just didn’t give a fuck and you got the brunt of it. Analyst 2 in IB - Gen
+7 Most sane wso post starwars1234
+7 A few things that will always be true about IB and PE at the analyst and associate level regardless of the market: PeRmAnEnTiNtErN
+7 Last week, Qatalyst fell off. Every week to this day on WSO, Jefferies, Lazard, Bank of America, PWP fell off. So GS TMT falling off should be very normal.  Summer Associate in IB-M&A