+1 It's sad when they go young.  Substack_Guy
+1 del NextDigg
+1 comp is below market for juniors and ok for mid-level. MD's however split 30% of firm profits and thus make ungodly money, however it is quite difficult to make MD as you can imagine. Associate 2 in AM - FI
+1 great culture, great wlb Associate 3 in IB-M&A
+1 Everyone in the Charlotte office wants to kill themselves and comp is below street. Maybe if you can position yourself in a coasting scenario its a good place to be  ayrloomcranapple
+1 Unless you want to be brokering Igloo mortgages I'd go with Chattanooga. lucien_de_montclair
+1 Mr. Pickens, you'd better run that slant... Shannon Sharpe
+1 Same here. Was pretty confident I was getting it as well based on overwhelmingly positive feedback. Combined with the bait and switch comp, I’m pretty bummed. anonkoala099
+1 I don’t think you understand supply and demand. Goldman could pay $90k and there would still be nepo/trust fund types lining up outside to get the job. Wish_I_HadTrustFund
+1 Bump manohman4212
+1 I’ve heard one of the tech directors in Boston is a nightmare.  Associate 2 in IB - Cov
+1 Not that deep if the environment doesn’t pan out by the time you start just save the bonus money and jump ship in your first year as an associate. liquidiot
+1 https://www.rothschildandco.com/en/careers/experienced-professionals/vacancies Intern in IB - Gen
+1 Congrats on UBS ib2837820
+1 This week is trying my soul Intern in IB - Gen
+1 Hot take, but 115k base is a bit on the low end for 1.5 years MBB... I and multiple people I've seen have done better than that.  Associate 1 in CorpStrat
+1 Congrats, nice problem to have. I’d suggest discussing it with the firm that hired you and see what they’d prefer. Suspect they’d support a relevant lateral move that will boost your skills/experience.  SaaSChimp
+1 Not trying to shit UGA, but how? Bottom top 50 schools with weak business school and low presence on Wall Street. Are they skilled? Or are they nepo? Genuinely just curious, can someone explain!!? thinkpad_1739
+1 When a PE firm is sold, the acquirer is buying rights to future fees. Some portion of the carry is now owned by Wendel, they will not give it back to employees unless the firm is going under. Analyst 3+ in IB - Cov
+1 Associate 1 in PE - LBOs high hopes
+1 Cranemere is pretty good / still active. Wendel doesn’t do deals in the NY office. All the transactions are done entirely out of Europe. Not sure what the NY team does. Analyst 3+ in IB - Cov
+1 Chuck Adams has been killing it Coach Ernie Pantusso
+1 Tech Jefferies, Power RBC Intern in IB - Gen
+1 Chiming in because I had something of a penchant for minor misdemeanors during my undergrad years… you’re going to be fine. speedball
+1 UBS is not as good as it used to be and they have delusions of being an elite IB but just aren't. That being said, it's a running joke to shit on the bank and shitpost about them on here. Associate 1 in IB-M&A
+1 $1MM for just bonus or inclusive of base too? I can't move from NYC due to fiancé, but that sounds fucking awesome Associate 3 in IB - Cov
+1 Congrats on RBC FIG lateral Intern in IB - Gen
+1 After you start your SA program at whichever firm you're at. monkeybiz117
+1 . sholomdd
+1 Heard it is very sweaty  Prospect in IB - Gen
+1 Hi! This is the most helpful comment I've read by far. I do wish I had seen this before, given that I have my Superday for the HCS team this week. ebitdiva
+1 Lawyers are not going away and I think will be less vulnerable than most IB. Associate 1 in Risk Mnmgt
+1 It’s probably the same dude on two accounts talking to himself Intern in IB - Gen
+1 Have a a LOT of friends doing IB in Charlotte, granted I went to an SEC school, so those numbers are skewed. Analyst0910
+1 If real estate is your sector of interest, it’s a great place to start your career. Ik 2 people who work there, and they say the hours are ok, not sweat shop. Analyst0910
+1 how is BRG comp these days?  Prospect in Consulting
+1 Lincoln. Lots of deal flow, lean teams, great culture, good wlb. Something like 25% of MDs started as analysts or associates here and stayed. Have several people who lateraled to GS, JPM, etc and came back.  modafman1
+1 Dude what? houstalantavegas
+1 Thank you for explaining it. I was wondering about these risk limits in a different context. I have an offer from a multistrat quant pod and an another from a collaborative quant fund. sams3
+1 Bump - anyone care to add any internal communication/guidance. How many junior bankers is this likely to affect? Larry Lamda
+1 There's barely any banks that accept Master's students in the US. Let's make that clear. brtfedd1312
+1 i had a 1550 but with that gpa honestly a 1400-1440 should be good enough bocoonobo
+1 No gym stipend, although there is a slight discount to Equinox. Only BXPW members can access the gym + shower within their department floors. Analyst 3+ in CorpStrat
+1 This is the way. speedball
+1 This is not true. 1) There are just some jobs that will only hire from certain PE firms. 2) Unless you are going in warm the odds are higher that you will probably get a lesser rank vs a PE associate. Analyst 3+ in IB - Cov
+1 Some banks will give people zero bonus then perform layoffs after. The rationale is they want want to see if they can get people to leave on their own terms that way they don’t have to pay out severance packages. Associate 1 in AM - Other
+1 anyone working there that can share  insights on whats going on internally? frankly, it seems odd they can still look credible to LPs after the founder mess with tax authorities and the co-founder being kicked out gtras12
+1 Whoever takes the NYP as a serious news source needs their brain checked. 8'Banana_Stacker'2
+1 Excuse my denseness  chrismoltisanti
+1 dog shit. being on f-1 with no TN in the U.S. is a pain in the ass. peely_banana
+1 in OP's defense, what he's referencing isn't really news. Just a super cringe write-up on four 25-year old analysts/back office kids larping as Patrick Bateman, absolutely comical.  Zyn_God98
+1 Thank you. Super helpful to hear from someone who has been working in the model for awhile now. How many deals in total did you close over the course of your tenure there? And did you ever get a promo? LMMPE_Associate
+1 Wow, second Lehigh thread I’ve seen on WSO recently. I’m a mid-career alumnus (graduated a little over a decade ago). The name will certainly not hold you back if you put in the work. VP in PE - LBOs
+1 Diminishing returns past 125 imo  Analyst 2 in HF - EquityHedge
+1 Thank you. Glad you have had some success with a few homeruns. When did you enter your current firm and at what level? Did you previously have experience at a funded sponsor? LMMPE_Associate
+1 Interesting. I'm just an anecdote, but at least from the tests I've run, my BMR seems to have dropped from around 1750-1800 to around 1600-1650 the last 5-7 years. Lester Freamon
+1 OP is there any option to go back to your UMM fund? I would imagine you would have the strongest network there and perhaps could get back in a desirable level. LMMPE_Associate
+1 Aggressively mid  Analyst 2 in HF - EquityHedge
+1 Their placements have been getting significantly better over the last 10 or so years. Anonymous_26267387
+1 Their placements have been getting significantly better over the last 10 or so years. The Finance Scholars program has historically been their feeder program into IB. Anonymous_26267387
+1 Would love to get feedback on this: I'm an experienced semi-systematic macro researcher building a fully systematic macro strategy - effectively synthesizing 100s of signals I've built over the years, with fully integrated Burke
+1 Prob the single greatest placement in their history stlstep
+1 Should look at South Carolina if you want to work in IB in Charlotte. Some of their finance programs have some pipelines into the Charlotte IB scene. Anonymous_26267387
+1 I can't tell you how to find a good partner, because I haven't myself. But as a mid 30s bachelor, who has flamed out of my fair share of relationships. Hopefully the below knowledge drop helps: SoldMySoul
+1 I think PPL 2x a week is already very high volume and most natties CNS cannot handle it for sure. Anyone that can I think is largely an outlier unless you have perfect sleep and diet for ample recovery. Raijin
+1 I have spent 15+ Years at a single-manager hedge fund, joining directly out of undergrad.  I would advise someone in your situation to do PE.  You will get better looks.  Gray Fox
+1 I bought a used lease return. I was 24-25 at the time so it was my first “fast” car. I enjoyed it but always wanted an AMG GT. TackoDonkey
+1 Agree with CRE. If you've dated long enough just marry her to stay. Sounds like an east asian international student if she's willing to chuck 100k for a masters, which I'm guessing her parents are paying for anyway. Raijin
+1 Thanks for this! Take it from your post history you've been a principal for a few years. Is this how you'd want to be approached?  Associate 1 in IB - Gen
+1 Zone 2 cardio absolutely does. Doesn't have to be running, do incline walking or biking or swimming or elliptical. It 100% reduces my stress levels esp in this time of tumult. therealgekko
+1 Not true in the slightest unless you limited distressed to be exclusively “buy mid market bank loans and try to gain control of business”. Managing Director in HF - Other
+1 I completed all of the courses offered by Break into CRE and I think it has been really impactful for me. I would say that on the job models may not always be structured in the same way that they teach. Associate 1 - REPE
+1 Nope. So I've had to be flexible, although SA seems like the sweet spot.  Associate 1 in IB - Gen
+1 Agreed. Can't imagine HR is happy with this either Analyst 2 in IB-M&A
+1 Appreciate that, and glad it worked out for you! So did a HH inbound ultimately get you the offer?  Associate 1 in IB - Gen
+1 Thanks, guess I'll pick Western then. Are you an Ivey student? Would love to chat if so Achillesk
+1 Then it’ll be like any other brokerage shop. Eastdil is a bonus pool so like banks lean teams mean people get paid more. [email protected]
+1 I think your list is pretty good. Would also have an answer for why you want to cover insurance even if it’s a lie Deter6895
+1 Del Intern in IB - Cov
+1 I wonder if you are one of those "poor performers" who doesn't know when to use "it's" versus "its" DAFA
+1 thank you isaiah. +SB ILOVEBANANAS123
+1 Would look into areas like O’Block/63rd/King Drive Analyst 1 in IB-M&A
+1 Anonymous Monkey: is that the only issue that's holding you back? I've always thought that experience trumps brand name in this industry... Senkee
+1 You don't know my managing partner. Dude would kill his own mother to save 2-3% of revenues in cost (guess who is the beneficiary of those residual economics)? Associate 2 in PE - LBOs
+1 Build the model from scratch and push until you get stuck. When you hit a wall, step back, figure out what's missing, and pick it back up. Repeat that process until it's done. mipapa11282000
+1 i casted a net across like 4 BBs, all EBs, 2-3 MMs, all MF PE/GE, Citadel/Point72 so not many high probability places Intern in IB-M&A
+1 Do you work on PE team or Infra? Have heard the two are quite different (namely Infra being much worse) Associate 1 in PE - LBOs
+1 Missing a couple I think... FS: Evercore/JP Morgan/GS - Most established brand, FS->EVR pipeline is still pretty strong. Intern in IB - Gen
+1 Oh dear imagine the uproar if this layoff had been at UBS Analyst 1 in IB - ECM
+1 Yeah very possible with Jefferies. Checked your post history I’d really try to focus on US domestic recruiting assuming you ended up doing the masters versus Toronto. Associate 1 in IB - Cov
+1 . margin_calls
+1 Be a cunning sociopath margin_calls
+1 This is so inaccurate Queens/Ivey still make up majority of hiring for the B5 and globals, Waterloo had less than 5 people on bay for last summer Intern in IB-M&A
+1 Yeah I really did give US recruiting my all (I still am), but it is an abhorrent environment for internationals right now. Prospect in IB-M&A
+1 Gugg Intern in IB - Cov
+1 Attended their info session. People can choose to select two of equity, macro, commodities, and credit in the application. The FT Equity Analyst program is still there as well. Prospect in HF - Macro
+1 Larry LamdaBump - anyone care to add any internal communication/guidance. How many junior bankers is this likely to affect? high hopes
+1 I'm a current student and most of my friends and myself have landed offers so definitely possible, wouldn't worry about it. Just have to grind  BnnyG1
+1 My previous firm had an office and a fund out of Dubai but the thing is - they really like people from London / Europe, and then you have competition from India and Pakistan. Associate 1 in PE - Other
+1 Yeah it's what I've noticed on LinkedIn as well--to be frank, I haven't seen any Indians & Pakistanis in front office roles at any of the respectable funds, but 99% of the limited seats that there are go exclusively to Prospect in IB-M&A