+1 Investment Analyst in HF - Other Works at The Family Office
+1 . lollololol
+1 I’ve seen the same ranking way to many times from a “VP” (probably from BofA/Citi) trying to justify that PJT/EVR are below them in the UK Analyst 1 in IB-M&A
+1 Bank dependent, year dependent, budget dependent. One year a bank may decide they want a bigger commodities presence and therefore the desk needs more junior headcount.  nutmegger189
+1 I honestly think at this point its the same guy on different accounts  Prospect in IB-M&A
+1 what do you give the man who has everything? (more books) Horatio Horatio
+1 This is the correct take. I’ve learned more in my 1st year in PE than my 2 years of banking. The level of responsibilities across all DD workstreams, portfolio management, engaging directly with management teams, etc. Associate 2 in PE - LBOs
+1 For office environments, opt for clean, versatile fragrances with moderate projection and good longevity—nothing too bold or sweet. Mice786
+1 eid is a recruiting hedge. banks fill seats early to reduce variance. conversion rates are high. it is cheaper to hire you now than run a full process later. OFFERGOBLIN
+1 there is only one nontextual number in this post. what else would i be referring to gordoongeekoo
+1 Don't want to play Mr Hindsight, but this is the crazy part. Think if you just had that 300K in a ETF or Index fund. What I argue all the time on the opportunity cost of even a 10%ish down payment. CPMA's15
+1 Haven't you heard? Racism is ok as long as it's against the "jeets"  Intern in Consulting
+1 I was in a similar position last year and was totally fine. Didn’t show up in background check bc it was expunged so I wouldn’t bring it up socky1500
+1 Don’t disclose. I had a misdemeanor assault charge (dismissed not yet expunged) didn’t raise any flags, no reason for you to raise it Analyst 1 in IB - Gen
+1 Was in a process with them. The majority of the fund is co-investment across the platform but they also do their own dedicated MM deals.  CEO in IB - Gen
+1 University of Hawaii bros… it’s over for us Analyst 1 in IB - Gen
+1 It's not tough to get into HSW after 3 years at Bain. Depending on geo, you will have a lot of your supervisors / peers coming from one of the schools or you could at least network with them. Felixfab
+1 It is worth to start in PEG as an AC, but not to break into BizOps. PEG as an AC would mainly bring you in corporate M&A, PE/VC jobs and sometimes HF. Felixfab
+1 i don't think they'll revoke. i didn't realize you could only apply for one role when applying and attempted to for both of the above roles. recruit52
+1 Anonymous Monkey: They have a prop power desk in Houston? When did the desk start and who’s it led by? barrelbandit
+1 Based on the most helpful WSO content, here's what you need to know: GPA/Transcript Post-Grad Importance: WSO Monkey Bot
+1 I’d maybe be interested in this. Have a client that fits these guys. How to find you to speak. Director in CorpStrat
+1 Spoke to a former Jefferies recruiter today. Apparently OC hiring slows all the way down around this time and will pick up in January. I don’t think they are scheduling first rounds after OA just yet. WSoMonkey93
+1 What is the right number for doing active buy and builds? Imo it's 2 but maybe I'm not going hard enough in the paint. Beyond that and you get sloppy.  What does Audax do? Principal in PE - LBOs
+1 Super helpful, thank you. In that case, would you say rapid toolkit development is the main benefit of PEG for someone with my goals (BizOps; maybe CoS @ Series B+)? Intern in Consulting
+1 While I agree that it’s a pain, I got plenty of calls without being in a club or a frat. I feel like you are just not reaching out to enough people. I think you’d benefit a lot from asking an upperclassmen for help. Intern in IB - Gen
+1 I would refer to this post above, you're in a similar bucket:   PM in HF - Other
+1 bump nontarget target
+1 PJT and CVP bonuses were today, any numbers? Analyst 1 in IB - Gen
+1 Yeah, from someone I know there, the deal team doesn’t really do pitch work. It’s pretty much all execution, and like you mentioned, there’s a separate research team that puts together the pitch books Anonymous Monkey
+1 I lean towards IM and recruiting both IB/Consulting, I think it has more optionality whereas AFM might pigeonhole you as an accountant (or the like). hutcointraders
+1 If it’s really structured as cash upfront that vests over 4 years that clawback economics really only makes sense if you’re getting really above market cash. Associate 1 in IB-M&A
+1 wow, how common is it to work across multiple countries at bain? Intern in CorpStrat
+1 can you share more about PU&I charleswu
+1 I've often had a debate with a former roommate of mine about whether "work ethic" and "skill" can always outpace the industry you work in. marketMergerMaddie
+1 You're absolutely right—this shift in the private equity (PE) landscape is a fascinating reflection of how the industry has matured and evolved. WSO Monkey Bot
+1 thank you so much. I have a bunch: Firstly, what are your goals & background? What were your other options & why'd you choose Georgetown? Are you ft/pt, online/in-person? pbgrxavel
+1 Late bump but about a quarter through reading this book, "Winning Moves: 105 Proven Ways to Create Value in Private Equity-Backed Companies." It does a great job explaining why B Business School in CorpStrat
+1 that’s factually incorrect. DEI has significant impact but it doesn’t constraint white men at all. It’s a system created by them and for them. VP in IB - Restr
+1 $1m total comp seems to be a reasonable baseline expectation, hope for a bit on top Research Analyst in HF - Other
+1 From what I've heard its around 70-85 hours a week. People usually get in between 7-8am and end by 11-midnight. ads123
+1 Plenty to do around the south, especially if willing to do unpaid (I would say this is a bad idea more often than not). crustycrustacean
+1 Thanks for sharing! Super interesting how much the market has evolved in such a short period of time.  For reference: I'm coming from a non-target without a strong ER/CR pipeline or training. reddemon
+1 i just saw your career interests in the post. i'd say it's definitely feasible if you end up at georgetown. Intern in CorpStrat
+1 better off asking a college subreddit Associate 2 in IB-M&A
+1 Hey man would highly recommend an MBA... Associate 2 in IB-M&A
+1 Been working as a QR in analytics covering both discretionary and systematic strategies for a 1.5 years now (straight from undergrad). Quant in HF - EquityHedge
+1 Lateral recruiting in Canada transcript still matters, for US not much Prospect in IB - Gen
+1 I got 8k. Not much. I've heard some people got the max of 20k. The admisons person said they don't give much out for scholarships farm.to.pharma
+1 there's nothing in IB/banking (or even engineering at this point) that cannot be easily taught to domestic students/talent that would require sponsorship for non US people. IB and banking is already highly saturated. Intern in CorpStrat
+1 It is pretty common. There are 2 options:  Felixfab
+1 Sda mcf would be last. It's not as good as the MiF from universita bocconi.  Brag680
+1 I’ve heard gt, ut, ucla, Berkeley don’t scale up for their size. Cornell also feeds into DC as well, also Boston. Places some nationally as well. Vandy goes to dc, Atlanta, tx offices (they do recruiting together). Intern in Consulting
+1 Buy SATS equity. They sold spectrum to Spacex in exchange for Spacex stock. You can do the math on where SATS “creates” Spacex (share price and market cap) and how that compares against your view of post-IPO value. Delphi
+1 Updated. Analyst 1 in IB - CB
+1 I know someone who "successfully" negotiated this arrangement and operated this way for years. It did, however, ultimately impact his upward mobility and he no longer works in the industry.  VP in PE - LBOs
+1 Who will inherit their wealth and power?  VP in IB - Restr
+1 Round 1: 30min call with recruiter just behavioral Round 2: 2 on 1 mix of behavioral and techs Round 3: Superday - Three 2 on 1’s mix of behavioral and techs seemsok
+1 The cash comp seems low for someone running all asset management, but the carry is attractive. I would try to get as much detail into how carry is paid out at your firm and some annual estimates.  CRE
+1 How does comp at a regions or fifth third compare to a top tier firm? Specifically at VP+ levels. What do MDs max out at? Associate 2 in IB - Cov
+1 SMBC? Prospect in IB - Cov
+1 I personally use it i think its pretty cool has a lot of good info you can find for free but great analyst overviews and its all consolidated  constancedagoat67
+1 I didn’t need to read an article to know that DEI is a load of crap and purposely puts down white young males in professional world, we’ve already experience this for years. Anonymous Monkey
+1 I think having the larger networks of people who are looking at the same problems you are and taking different approaches helps you challenge and refine your own approach. Associate 1 in PE - LBOs
+1 Even in TBC it’s brutal, TBC alums don’t respond either. primeyasielpuig
+1 Anything where sales a large part of the job. jarstar1
+1 ojapar20 Ozymandia
+1 World for sale, king of oil, great books for intro to commods braxtonberrios
+1 Ever cared to look at the DEI report of any major bank?  Associate 1 in IB - Cov
+1 Are you an idiot? Or just playing dumb on purpose? ALL DEI SHOULD BE GONE. WHITE BLACK PURPLE YELLOW MAN WOMAN TRANNY WHATEVER Anonymous Monkey
+1 You're not confused as to what DEI is. You don't need a definition. You just hate White guys. Why not just be honest and say that? JulianRobertson
+1 Trade support seems like a ton of work though to be fair. Raijin
+1 Retail sales clerk hedgehog9
+1 You make no sense. I am against DEI in shapes and forms. I am pointing out that your rants are misdirected. Associate 1 in IB - Cov
+1 What do you mean “your answer”? I DIDNT EVEN ASK A QUESTION. I don’t care about white women benefitting. I ONLY WANT PEOPLE TO BENEFIT BASED ON MERIT. Anonymous Monkey
+1 any CAD / UK datapoints? Analyst 1 in IB - Gen
+1 clearly no fcking idea what you are talking about.  betachimp
+1 Historically, almost exclusively management consulting or internal transfers from business teams. aristosT
+1 This is pretty common––i'd avoid following up more than three times. Have also gotten interviews where even though I have followed up I wasn't gotten back too, but was accelerated bcuz i was added to call sheet Intern in IB-M&A
+1 Another public co IRO here. Is director your actual title? what COL area are you in? For me: $175k base +25% target bonus (part of this is equity, part is cash) +30% LTIP (vests over 3 years) Director in CorpFin
+1 The flight school I'm looking at is a 0 to First Officer integrated full time study program that lasts 2 years, and they have direct lines to SAS, Norwegian, and Air Greenland who hire straight out of the flight schools. Boef
+1 Sounds similar to a fund of funds job which makes this a difficult transition. Would need a strong undergrad and maybe another degree to pivot into something in quant research.   PM in HF - Other
+1 Are you an intern? Then you have very limited power over staffing. Or you mean going forward?No sense of doing PEG if you don’t like the topics of investments / similar, as the work is very repetitive. Felixfab
+1 If this scenario happens there will be much bigger / broader problems and I don't see the negative impacts being limited to this structure v. more broadly across all of privates. Investment Analyst in HF - Other
+1 Yup exactly how I think about it (and my comment above) and you articulated it better than I did. kuf135
+1 Recent G Town grad. While Texas might give you a leg up for PUI through its location and inherent access to PUI, from these 3 options, GTown is a pretty good one. Prospect in CorpFin
+1 Wells industrials is having a strong year. Think they are on the come up, seen mandates in packaging and A&D as well as the Union Pacific deal.  Analyst 1 in IB - Cov
+1 sorry, let me clarify: Intern in IB-M&A
+1 I agree, and this is what i hate about the industry. No one really cares anymore.  Principal in PE - LBOs
+1 Avoid BoyWithRizzz
+1 This is why IS/ETA has become more popular. The risk-reward is very high. StrategyJunkie
+1 Not necessarily… Wharton and Stern undergrads have similar GPAs and SATs when applying. That’s the state of college admissions these days. rooseveltfan
+1 “Closer to being homeless” lol stfu - this forum has seen many of young folk that weren’t cut out for the industry come & go and become spiteful / irrational. ky9xnsz
+1 DEI has sparked a generation of pissed off white men who were deliberately not hired for years. All of those guys who never got those IB jobs because of discrimination. For a decade plus. John Stone
+1 Yeah, a lot of what I read is that a lot of exits come from the banking side of securitized products- so unsure if the trading/structuring with securitised products falls under that umbrella/is different. obsidian hunter
+1 Don't worry they just hired Mike Yee. They'll reach the top in no time /s totalpause
+1 Bro LMFAO what is this website. This is easily the worst "Meet the team" page I've ever seen on a website Analyst 1 in Consulting
+1 How is comp at Citi CB NY relative to other firms? Associate/VP bonus? Associate 2 in IB - CB
+1 That’s essentially it. brutal which is why I don’t think I’ve ever seen an ASO leave for another bank, only VP+ if they can get their new firm to buy out the clawback  Analyst 2 in IB - Cov
+1 No we are all cooked Intern in IB - Cov