+1 If you’re staying in IR, an MBA’s more of a personal brand and network play than a career necessity, so it’s worth it only if you value that enough to justify the cost and time. spiernipp
+1 “One of the main reason I'm considering the position, if the comp aligns is a potential break through in my career to be the front running man on the deal end. odog @digitalimmortality.com
+1 RBC PUI. There are gen and utility modeling asks from the rockstar VPs/Ds waiting for you. Expect zero guidance and zero training and a lot of useless suggestions to your question on “how do I model rate base…” Works at RBC Capital Markets
+1 spot on analysis.thiel is effectively shorting stability.​energy: ai is essentially a power arbitrage. long electrons is the only real hedge against the compute bottleneck. tonythebrief
+1 standard mechanic:if both senior bonds are pari passu, the turnover from the sub notes flows up pro-rata based on claim size (70/30 split). tonythebrief
+1 Age 26: Years of Work: 4.5Current Role: Large Cap PE Sr. AssociateTotal 2025 Cash Comp: ~450KTotal NW: ~850K Married / Single: Single Associate 3 in PE - LBOs
+1 Age: 27YOE: 3Role: ib aso Cash comp: $300kNet worth: $400k. Recently promoted to associate and hopeful this starts to snowball. 100% equities and basically zero cashSingle Analyst 2 in IB - Gen
+1 moneymaker03
+1 it really has flip flopped quite a bit since forever; i generally subscribe to the model that pools of alpha are finite. Analyst 3+ in HF - Event
+1 Well, depends.  Unlevered Hegelian
+1 I heard Viking analysts think it did and they’re flat YTD (L/S book) Investment Analyst in IB - Gen
+1 AUM ~4b can just expect avg pay ~150k base, sub-PM ~15% cut, PM ~18+% the usual avg size pod 800mn (definitely not one of those big 4 size, if you looking for AUM) dcccc
+1 50 Argentinian Fellatios Analyst 1 in S&T - FI
+1 Let me question your premise here, do we really need a billion Americans or even 500ml? AI and Automation can eventually automate away large swaths of blue & white collar jobs over time. hedgehog9
+1 You're a loser for life hedgehog9
+1 Ranger school count for 2? AnonymousSigma
+1 This can’t be real right? Yall are tipping your MDs?? Craziest thing I’ve ever heard. Your MD is not providing you a service. You are providing them a service, off of which they are making millions. Craziness. mmmmonkey
+1 Never thought that The Scrooge could make it to FO. Thought BO was more up your alley. moneymaker03
+1 Hi,  AMMonkey
+1 Really appreciate this, thanks mate Analyst 2 in IB-M&A
+1 How much PTO do you have / willing to take? Would do an insane trip somewhere where you can relax and party. Consider some experiences that cost a lot of money that you’d never get to do normally. Prospect in IB-M&A
+1 I go to NYU. Alumni dont just not generally respond, they dont respond at all. We have no school spirit, and also have thousands of students recruiting who all send out mass emails. J_w11
+1 The OP was asking about the existience of these types of venues.  The reality is that the experience does exist, just in a slightly different form. PEarbitrage
+1 I think a lot of people are different. I know a Goldman partner (long time family friend) and he seems like a normal guy, 40s-50s + in-shape + has some quirky fun hobbies / bit nerdy by nature. NewIndustryHorizon
+1 Blackjack and bag Intern in IB - Gen
+1 . Dallas_Monkey
+1 Hi chimpin8890, what type of DCM are we talking about? IG or HY? Origination or Syndicate? thelad
+1 VP1 at EB $825k all-in Middle bucket In one of the least productive groups in the firm, so I am very happy Associate 3 in IB-M&A
+1 Thanks, I appreciate it. Not changing coverage groups and I'm already in NYC, but it's a move from a LMM to a top BB. Not a woman / minority, but that makes sense.  Analyst 3+ in IB - Gen
+1 WCAS has a huge HC legacy and by all accounts does fine. They keep increasing fund size, but also have seemingly longer fundraising cycles. Associate 1 in PE - LBOs
+1 Another thing I will say, is spend an inordinate amout of your negotiating capital with the new firm trying to remove any non competes or other restrictions on you working with their capital partners, brokers, property man PEarbitrage
+1 teto
+1 The quantity of immigration is not the issue. The issue is the quantity of problems that immigration brings. PEarbitrage
+1 Unfortunately, you’re not wrong. There just aren’t that many seats, and openings tend to be pretty rare. This isn’t like PE, where recruiting is structured around an on-cycle process. Analyst 3+ in HF - Event
+1 I have heard that some Canadian banks encourage larger tips to underperforming mds to show them appreciation for their efforts Analyst 2 in IB - Cov
+1 Seriously though, how is their deal flow? Lots of pitching? Are the juniors working every weekend? How was turnover this bonus round?  Analyst 1 in IB - Cov
+1 "Asking for a friend" had me chuckling. Of course this can be a risk. Needless to say that it is a consequence of his actions. Now, perhaps you can advise him to take it like a man and grow up. hungaroe
+1 Thoughts on: A) retiring B) taking some cushy corp fin $150-200k job for 4-5 years, letting your savings compound, and then retire? Associate 2 in PE - LBOs
+1 my mds usually give me their tips... Analyst 1 in IB-M&A
+1 None of the tokopedia bs is from India - different language (though I can’t tell what it is) senior_associate@goldman_stanley
+1 Tell your dad to complain and ask for your offer letter or otherwise he will take business somewhere else. Associate 1 in IB - Cov
+1 Appreciate the comment. I do feel I’m in a very similar shoes as your friend but I recently married and might plan for a kid in the nearby future. Justman
+1 Dallas_Monkey odog @digitalimmortality.com
+1 Of course it's the same.  It's just more expensive than you or OP can afford. Ozymandia
+1 It depends on the team, some sectors are very corp fin heavy and you're working near IB hours for ok ish pay (US banks in London Associate pay around 95-110K range with 40-50% bonus). max.dore92
+1 If they’re working 80 hours a week on uni stuff they are probably just slow Analyst 2 in IB - Cov
+1 It’s true that in private transactions you often get access to a lot more information, but in practice it’s not always that helpful. Analyst 3+ in HF - Event
+1 Congrats on the internship. I wouldn’t stress too much about preparing in advance, no one will expect you to come in knowing much Analyst 3+ in HF - Event
+1 Anonymous Monkey: Intern in IB - Gen
+1 PEarbitrageYC is basically a limited ticket resort.  The ticket price is just a house. CRE
+1 I know you were only using that in a joking manner but you triggered some history special interest I got loads of irish ancestry on my mom's side.  wallstreetbroker
+1 100% worth it, if you can originate new deals you are miles ahead of your assoc class Principal in Private Credit
+1 Yeah it's probably not fair to compare to most, the major caveat is that I'm not in NYC so rent's never been higher than $1,700/month and general COL is lower, but it was something like this: An1 - 185k all-in Associate 3 in PE - LBOs
+1 Lollllll how much is the trust fund you lucky dawg ky9xnsz
+1 Is a 3.8 rounded ok? (EB, semi-target, likes crustaceans) Incoming Analyst in IB - Gen
+1 like 8m, my folks have a few other trusts/properties that will come to my sister and I in time, prob an additional 10-15 is there NW, father was a math teacher, mother worked in high finance 45 years, got me my first job.. Principal in Private Credit
+1 Bump anyone get interviews? Analyst 2 in IB - Cov
+1 Other option is do some analyst years in the US then switch to buyside in SG / HK as quite a few teams have folks that came up in NYC.  Associate 1 in IB-M&A
+1 Honestly, long term I think so. In general, I feel like it gives you more options if you want to move to PE or something else. CCE
+1 Principal in Private Credit Teller in IB - Cov
+1 Age: 27 Years of Work: ~5 (2021 graduate from Ivy) Current Role: Senior ASO at VC in NYC Total 2025 Cash Comp: ~$200K Associate 1 in PE - Other
+1 Same here. I have a lower NW than you (excluding carry) and am shocked by some of these numbers from people our age. Associate 1 in PE - Other
+1 Wow appreciate the folks in here cheering up other people and explaining its all selection bias, etc. My current role is strong but wow I feel behind  Age: 26 Years of work: ~3 Analyst 1 in IB - Cov
+1 Take NYU, you can complete it within 1 year. TonyCRE1
+1 Definitely, plenty of positions open up in the spring. I landed a FT role during the summer. Just gotta keep pushing thehoodedarrow
+1 Analyst 3+ in IB - Cov Managing Director in IB-M&A
+1 There is no chance it kicks off 1/1 or 1/2. There are no senior people around and it would be silly. The logical answer is that it will probably be 1/5. Good luck Analyst 1 in IB-M&A
+1 Not ironically – is that a o good curse/free material to understand restructuring financial modeling? Loved the history btw Unlevered Hegelian
+1 im a jr at W, sent u a dm happy to share school specific advice Prospect in IB - Gen
+1 Thanks, coming from my background, going into IB / PE is just such a steep learning curve. Even though I am in an undergrad business program, I do not think it does a good job of preparing you for the industry. Analyst 1 in IB - Gen
+1 Yes, that is accurate. Based on what I've seen, people with families etc elect to pursue a creditor focused track because travel is very low, and it's less intense (the workload for one engagement). Associate 1 in Consulting
+1 my understanding was that seniors will be still trickling in from vacations that first week, plus there needs to be some time for momentum with coffee chats / networking events to build. My personal guess would be 1/12 Prospect in IB - Gen
+1 dont think theres any shortage of momentum but agree that 1/12 makes the most sense especially if they want to do any in-person interviews Analyst 1 in IB - Cov
+1 Sellside VP is 200-225k base for respectable shops, haven’t seen $250k base even for healthcare VPs. Some MM shops may even have you come in 175k base. Bonus varies so cannot comment. Prospect in ER
+1 Not me but friends say it is very long hours. Analyst 1 in Consulting
+1 Yes like leaving 1-3am Analyst 1 in Consulting
+1 Agree - momentum strong / feels like HHs are trying to get people ready to go Analyst 1 in IB-M&A
+1 I speak from experience, but would also advise you to wait until you get promoted internally to associate at your current LMM shop before lateraling. Analyst 2 in IB - Cov
+1 Agree with others to wait until you get promoted or negotiate a little harder to get something guaranteed.  Anonymous Monkey
+1 I thought about pivoting to PE but where is the edge when PE has been around for decades and asset values are pumped up? staylor1490
+1 Thanks for sharing your views and I'm glad you found happiness in this.  staylor1490
+1 I would err on the side of caution and say 3.86. For context, HR gets your transcript after you get the offer, so the analysts will not know what’s true besides what’s on your resume. johnb2001
+1 Anyone have the cvp analyst numbers? they’re on december cycle I believe Analyst 2 in IB - Gen
+1 you are easily one of the most insightful people on the RE forum. Thank you! Dev_WanaBe
+1 I use Rogo and copilot frequently and honestly I don’t find them impressive at all. It will take at least another 6 or 7 years for AI to become a real threat to analysts, let alone associates. Associate 2 in IB - Restr
+1 Can 1988 Excel draft an IPO prospectus in 45 seconds? Some people are very delusional. We have never seen anything like this before. This will definitely reduce headcount dramatically. Analyst 1 in IB - Gen
+1 Macro - basically an excuse to punt anything and everything with not much in the way of risk limits. Single name L/S risk still justifiable in size so all the flexibility none of the downside Partner in PE - LBOs
+1 Also in industry. it is not frowned upon at all. Your average buy side DL analyst is a better hire than an RX analyst despite what the industry norms are. Associate 3 in PE - Other
+1 Haven’t ate there in years. I remember it being good but nothing I’d ever go out of my way to get. Best guess is customer service. Ehmerica
+1 Smoke a joint, relax The Fool of Finances
+1 Greed dukeblue2019
+1 D teamvigilant
+1 Obviously I'm biased here, but these are my two cents. Understand that if you don't work in finance the world doesn't cease to exist, and yes the industry has become saturated over time. Associate 1 in Private Credit
+1 name always gives me a good chuckle Analyst 1 in IB - Gen
+1 Analyst 3+ in IB - Cov SupremeGoatLoaf
+1 Hi, thank you so much for taking the time to answer all of these questions. rowan_gif
+1 mergerspecialist Managing Director in IB-M&A
+1 Yeah atp Yale should be singled out lol whoooo
+1 Congrats on Cornell rooseveltfan
+1 Sighs in partial agreement. Honestly Idk if I would try to teach this to a candidate at 22. If he hasn't learnt it by now how do we know he isn't on the spectrum, social anxiety, "isn't cut it out it for it" etc. moneymaker03