Highest Ranked Comments In The Last Year

+1 Hey did you ever complete the case study? gorillasebs
+1 This is so firm dependent and dependent on desk needs. When I was joining S&T, we had a ton of spots open in FICC because a lot of people had just left and the bank was pushing hard into FX stuff. usernameladiesman217
+1 I think a move back to IB may be best for me. I never thought about things that way but very helpful thank you! levered.indexmatch
+1 One of the better MMs out there. Solid comp and deal flow. Can be sweaty depending on group but solid culture overall. Intern in IB - Gen
+1 You can join a L/S pod in need of quantitative analysis, and pick up the fundamental side (surely you've acquired some sector expertise by now? is there more room for this in your current role?). PM in HF - Other
+1 I wish my company gave out work phones but you have to be a certain level to get it. NewIndustryHorizon
+1 Thanks for doing this ama! I'm a junior trader/researcher at a top collaborative firm staffed on the us equities desk. My firm is very new to equities, though, which means that Trader in PropTrad
+1 just look at past MBB deadlines. MBB goes during the summer, other firsm in the fall. You should probably start prepping like two months before should be good? Analyst 1 in Consulting
+1 So the 1 SPD you know of converted to an offer? jpmonkey554433
+1 100%. I was in a toxic group and got fucked on my last bonus so I’ll come out pretty close to where I was my last year in banking. Analyst 2 in IB - Gen
+1 They underperformed S&P since inception and their 2020-2024 return series looks fairly correlated with S&P. Their orthogonal alpha is probably negative. ic3kreem
+1 L/S at a MF? What does this even mean? I think you might struggle to get a L/S equity gig at KKR. LO equity analysts are frequently hired by MMs for L/S. Analyst 1 in HF - EquityHedge
+1 Would just crawl the web. Use ChatGPT or any other LLM to help you pull information / resources. There’s a lot more information out there nowadays. WSO has a secondaries modeling course now too. Generic Banker
+1 Not sure if this is an unpopular opinion but why wouldn't you just round it to 3.9 / 4.0 on your resume. Can't think of a single kid I know who hasn't/wouldn't do that. Intern in IB - Gen
+1 Moving around is not easy first of all, very firm dependent. Secondly, this is a terrible way to think about it. bobbiwso
+1 Or god forbid sec lending LOL Incoming Analyst in S&T - Equities
+1 the older you get you realize how inconsequential some of this stuff is, especially with college apps which are a complete crapshoot. Associate 2 in IB-M&A
+1 I think there is demand for sub-50k businesses, but only if the buyer can clearly see how to make money quickly. elsizinie939
+1 I’ve seen several friends move from Europe to both the UK and the US, and the starting point really matters. “Small European country” can mean very different things. Investment Analyst in RE - Comm
+1 Didn’t go down the MBB path but I agree with message above - why volunteer formal performance reviews to HHs if they aren’t putting you in the best light in all facets? Associate 3 in IB - Gen
+1 Investment Analyst in RE - Comm LooseLeaf
+1 Dude publicly embarrassing someone on WSO is a little bit too much. Maybe, just say that to him via email instead of going on a thread?  ChompCHOMPS 39819
+1 you're fine. Also went to WashU and recruited with a GPA way below yours and received interviews at all the EBs and GS. I think you're fine. 3.7 is pretty good I say. vieux984
+1 Cuz my team has too many Indians already. We don’t know more. Analyst 2 in IB - Gen
+1 Even the other types of brown people are fatigued based on my interactions. VP in IB-M&A
+1 Everything from housing to jobs to the environment is fucked for our generation. Thank the boomers. Teller in Non-profit
+1 Thanks, that's helpful! Is the LDCM team mostly just doing pricing and distribution work or do they also work on pitchbooks/models/LPs/CIMs, etc? Analyst 1 in IB - Cov
+1 The Middle East is funded by oil and entertainment, not much else in terms of industry. NYC with remain a financial powerhouse for next 30-40 years minimum, and even at that, it will remain powerful long after. Analyst 1 in IB - Gen
+1 It’s been 5 years since I wrote that and I find that each year that passes I care less and less about GPA. sman540
+1 Analyst comp is in-line with street, associate comp is still behind but will likely catch up soon. themonk332
+1 Realistically, GPA cutoffs for BB’s sits at around 3.5 with EB’s at around 3.7 (give or take a couple points) and any lower would need the leverage of some sort of connect or a really strong background considering you don’ Intern in IB-M&A
+1 I think that’s the flip side, it’s always going to be a highly paid job if you’re willing to grind. The problem is that some people were sold a bill of goods re generational wealth that’s just not true anymore. kuf135
+1 Definitely keep it on as it’s better to have it on even if it’s not as high. I agree with what the other guy said as well about possibly separating the GPA per major. equitylibrium
+1 I do agree with this. Immigrants who don't assimilate will tend to be extremely bad bankers. But to assume that all are bad is just a naive and stupid statement to make Npliwa234567
+1 How does it compare to jpm/gs fig? modifyballero
+1 Tech - yes. IB - never seen an H1B hire from India, most come from UK/EU satellite offices. So not sure what you are talking about here. Prospect in IB - Gen
+1 So basically, I’m aiming to move into PE or VC, or at least position myself for corporate strategy roles. arslanash
+1 also adding on to pgbrxavel, not everybody has the money/ability to take out a loan for an mba or able to wait that long. and not everybody wants to enter IB as an associate at 28. Intern in CorpStrat
+1 Most of the Corp Strat roles transitioned into business role with time based on your performance since Corp Strat role provides you holistic understanding of the business. rishavsoni31
+1 Only a certified 304 would say this. Go deliver hawk Tuah to MD Daddy and yell DEI ftw when you  swallow that bonus.  Analyst 2 in IB - Gen
+1 Similar background to you. Did finance in college and commissioned through OCS. jax56
+1 Which office?  Associate 1 in RE - Comm
+1 who's funding all these PE funds now though? I personally would rather keep my money in QQQ. so I don't really get where all the money comes from. Kevin25
+1 noticed this as well. we have an Indian partner in one of the offices and that office is vast majority Indians cause the partner just hires based on skin color. Kevin25
+1 I don't think many people are going to pay for a newsletter that says "the career path you've worked rigorously for is going to disappear / become irrelevant." It is evident to most people what they are getting into when t Research Associate in AM - FI
+1 . Analyst 1 in Risk Mnmgt
+1 If u didn’t work at farallon ur not getting the offer buddy  Intern in PropTrad
+1 This definitely happens. I’m a college kid going to a larger established REPE manager and have gotten maybe slightly better offers since. [email protected]
+1 The end of your comment started to hit home for me. This turned into a longer response than I planned but I think some people might be feeling a similar dynamic in our industry / on WSO. Associate 1 in PE - Other
+1 You are not late at all. Didn't decide on consulting until August of my sophomore summer, but still got a junior year MBB offer from the second deadline. Summer Associate in Consulting
+1 Lmao this guys background is crazy. His great great great grandfather is Joseph Wharton… DealFlowDan
+1 Considered one of the worst groups at MS alongside C&R Analyst 1 in IB - Gen
+1 Updates: It’s going pretty well. I have supportive team members and colleagues and I am an associate now ✨. libs
+1 Whats the career paths you've seen for a "quant in non-quant pod" setup?  Is this a role a lot of non quant-PMs hire for, so one can hop pods? qnt12345
+1 jennyd_ngAnyone knows when AC UBS Healthcare team is gonna take place? I did the hirevue on Monday but haven't heard back yet ChampagneProfits
+1 Get this AI shit out of here. Account is obvious spam to shill your shitty company based on posting history. VP in PE - Other
+1 Can you elaborate? For those who have more knowledge of the team, what levels of people have left and who has joined? Associate 1 in IB - Cov
+1 500k is definitely the number. The street likely knows he did well, and if he gives you 400k then a competitor will easily offer you 500k to learn part of his process. Analyst 1 in HF - Other
+1 man it feels weird to see these year numbers gordoongeekoo
+1 +1 Went to Oxford and this is insanely true Investment Analyst in PE - Other
+1 Dog you can definitely figure this one out on your own KageSelly
+1 Bump, any updates on process? Analyst 1 in IB-M&A
+1 ... good job timing the peak btw.Came across this thread while searching others. Burke
+1 Are all 1r’s out for Houston or just accelerated programs?  FinanceLearning
+1 Co-invest in itself is not, but attractive leverage terms are. CEO in IB - Gen
+1 (1) "relative to what?" jl12
+1 Thanks for the intel Jeff Alex-Milfer
+1 Fair pushback, but a few clarifications because some assumptions here aren’t accurate. Anonymous Monkey
+1 That’s exactly the point,  the value isn’t abstract, it’s the traffic and monetization path along with the website and marketing material, which are high quality. Anonymous Monkey
+1 johnny-mnemonic Anonymous Monkey
+1 VP3 Coverage Group TBD Rank Base: 275 Bonus: 325-350 All-in: $600-625 Senior VP in IB - Cov
+1 You did not comprehend what I wrote. Yes it does. Less right tail kurtosis in pay distribution bell curve at rank & file level due to standardized / industry maturation. Associate 1 in IB - Gen
+1 Based John Stone
+1 “Women are children all their lives, something intermediate between the child and the man, who is the real human being.”— Arthur Schopenhauer John Stone
+1 Let’s not forget about the discriminatory job fairs and conferences for minorities and women that companies use to recruit first to make DEI quotas. John Stone
+1 CrayonGlobalFair pushback, but a few clarifications because some assumptions here aren’t accurate. PrivateTechquity 🚀🚀🚀
+1 I wouldn't. Would put your boss in a weird spot to feel like they need to get you a gift back.  Fast and Fiduciary
+1 fuku VP in PE - Other
+1 I got admitted to both too, but I think AFM is way better than IM for IB bigpizza05
+1 Appreciate the pushback in this thread reading through the comments has been helpful in recalibrating expectations. Anonymous Monkey
+1 kuf135 Works at The Family Office
+1 I'm just saying you need to have a very high bar. Just because you lose a case or fail to prove something doesn't mean you should be liable for an "aggressive" counter civil suit.  Invalid_CREdentials
+1 The name "Crayon." is sending me hahaha.  noirprinx
+1 How did you do this? The hiring market is so fucked. I can’t land thing after not getting a return and am thinking about joining the military.  Intern in IB - Cov
+1 What is the interview process like for Interns/Summer Analysts in comparison to traditional Corporate IB? What kind of questions should we prepare for and are there any resource equivalents like the 400 IB Guide? rs4pubfin
+1 I don’t necessarily disagree. gordongekko0918
+1 New PM from Citadel joined recently. Primarily focused on consumer discretionary. gordongekko0918
+1 PrivateTechquity 🚀GME🚀 Isaiah_53_5 💎🙌💎🙌💎
+1 Second this Analyst 1 in IB - Gen
+1 Would say Jefferies offers more optionality for sure. PWP might slightly edge them for exits as of now, but there's always a 3-5 year lag between current performance and exits. VP in IB - Cov
+1 In addition, Public Finance also gives more geographical flexibility than typical investment banking jobs. Associate 1 in IB - Cov
+1 Ok? OP didn't say he was based in India and I don't see how what avg. people in a developing country make a living off of is relevant... PrivateTechquity 🚀🚀🚀
+1 Most would take cap group but it depends what they enjoy. If you love process work, distress for control / deep distress, then no a LO wouldn’t be as good. Managing Director in HF - Other
+1 It's exactly what it sounds like. My group has tabs for various schools/groups of schools, and then folks add people to the tracker to keep an eye on them for first rounds, give feedback (i.e. Associate 3 in IB-M&A
+1 3.9 is more geared towards consulting firms like McKinsey 3.6+ is acceptable for IB, 3.7-3.8 makes you pretty competitive, at least it did in my year and school.  thewageslave
+1 I was lucky to get a trading book as an analyst due to turnover and did okay so they let me keep it. I think having pnl attached to your name helps Analyst 1 in S&T - FI
+1 Fair take. I’m not claiming this is an established cash-flowing business, it’s clearly pre-revenue. Anonymous Monkey
+1 Not necessarily.  hutcointraders
+1 USC doesn't belong in the list, half the kids end up in retail banking.  hutcointraders
+1 Lmao actually?? Bold-faced lie. Analyst 2 in IB - Cov