Highest Ranked Comments In The Last Year

+1 I'm at a midmarket shop in NY (lateral VP) but based on my comp, I assume we pay >300k to ASOs. They get worked for it though. VP in PE - LBOs
+1 M&a industrials gam and comms are strong, healthcare is rising Prospect in IB-M&A
+1 No one is looking at returns on a yield basis (your S+1700 comment)  Monkey.D.
+1 Bump, also curious Analyst 1 in S&T - FI
+1 worth noting that 'hanging' a license is less about the box-check and more about the legal air cover for your success fees. jasper.thorne1
+1 Any news? Intern2277
+1 They are actually pretty smart investors. Unlike some other funds in this market / return hurdle newkid2019
+1 Market volume is only one way to measure dominance. Associate 1 in IB - Gen
+1 Do apprenticeship for a year and apply to university for next year and thereby you gain one year experience, can curbstomp all your peers when applying to spring weeks and internships and then also have a little bit of mon Analyst 1 in IB-M&A
+1 Thank you for the complete response. I agree with and appreciate your expertise here. Quick follow up: Larry Lamda
+1 you could get a safer mid-teen returns engineering unitranche loans with leverage at both investment and structure level, sot not sure how convincing is for LPs mid-teens for a higher risk strategy lol GS under Blankfein
+1 Well hey, if you marry into a billionaire family (2nd hunts), then you too can reposition trophy assets with family money like Ray sixersstan
+1 Only if you’re at a bank with truly crappy culture is this true. Associate 2 in PE - LBOs
+1 GS under Blankfein Associate 1 in PE - LBOs
+1 Just lie. why are you fishing on here. stressed_out_after_recruiting
+1 thanks for the thoughtful answers.  to be clear I am not in a RX group. Incoming IB analyst222
+1 A bit intense, but not to the Oxford MFE level intense. Depending on if you like countryside life, consider it as the business version of US liberal arts college not located in big cities guillaume.alexandre
+1 Bristol econ is not a target for IB or PE so unless you can make that UCL/Imperial/LSE/Oxbridge then I would say IB/PE out of undergad is a challenge. Associate 2 in PE - LBOs
+1 He did an internship at Roths, FT HSBC LDN > then apparently FT at an undisclosed Growth Equity shop. Don’t know him. Him, Constanze , and Francesca are popping all the bottles tho.  Prospect in Non-profit
+1 Congrats on UBS! Analyst 1 in IB - Gen
+1 Chhavi Kalra Analyst 2 in IB - Cov
+1 I would say it's intense but acceptable/reasonable relative to the pay. Associate 3 in PE - Other
+1 90% of my reading is diligence, financial articles and professional literature, so when I actually pick up a book it defaults to finance anyway. More Money Than God is phenomenal though. PVV
+1 I would say it depends on what you are looking for. I believe that LBS network is stronger in the English speaking world.  goriecs
+1 SD's already happened and offers are being sent out sean10
+1 There’s a lot of MM+ shops even in NYC/SF paying like $270K range to start And then MM/LMM non NYC/SF can be even lower OP what you’re experiencing is that There’s bias / each chamber on WSO Associate 3 in PE - LBOs
+1 as as fellow 3.5 year infra modeler I feel this all too well.  Associate 3 in PE - LBOs
+1 Yeah that’s not a problem, I’m Jewish lol ectmt
+1 Ultimate burn for UBS Americas. Everywhere is top notch, but UBS Americas “needs focus” since they are still improving VP in IB - Cov
+1 It depends. If you had a solid/reputable IB or PE firm, that could help. If it's just some random firm that isn't very additive to your resume, I would still say enjoy your last summer... Associate 3 in IB-M&A
+1 funny how this actually happened: Pierogi Equities
+1 Depends on your goal. If just for learning, you’re better off taking a few targeted classes-most DS masters don’t carry much signal.  Associate 1 in PE - LBOs
+1 Sam Zell - Am I Being Too Subtle is a solid read. CREMonkeyz
+1 QIC, obviously. /s JT the funky homo sapien
+1 Was an intern last year in FI S&T. I would recommend not wearing suits (and definitely no ties). I'd stick with a nice buttoned long-sleeve dress shirt, chinos/suit pants, and business/dress shoes. Prospect in S&T - FI
+1 “Life’s a bitch and then you die.” -Nasir Jones  thisisanexampleofausername
+1 fantastic group with great dealflow BroDieBuns
+1 Totally feel you. Tried my own hand at a startup after a couple of years of IB/PE experience - didn't get any traction and have no idea where to go from here.  Associate 1 in PE - Other
+1 It’s a lying thing. We recently hired two people and they’re both literal fucking morons. People are getting too good at interviewing and/or ballsy. Associate 1 in RE - Comm
+1 I think you will be fine.  A different friend asked for the option to start early (having graduated early) and his bank told him no, so if anything, it works the other way around.   chimp1213
+1 Shake shack is really close BigLoneWolf
+1 Depends on your risk tolerance. Generally, it won't hurt to get a brand name on your resume, though in this case I wouldn't have it be a bank if you're trying to build something. Determined
+1 I recommend the book “Negotiating Commercial Real Estate Leases” that was given to me in my analyst training program (one of the best in the industry).  I read it when I was starting out.  odog @digitalimmortality.com
+1 2 friends did this and was completely fine. One did get asked to start early and turned it down- did not impact return offer whatsoever i love chickens
+1 you dont walk around with the jacket, you leave it on the chair dumbass.  Incoming Analyst in S&T - Equities
+1 Genuinely whatever you enjoy. As an analyst you are not there for your ‘intellect’. Your MD will tell u to back solve for a multiple or some asanine formatting task and thats what you’ll do. Analyst 1 in IB - Cov
+1 Does RBC Levfin hold the pen / do modeling like BofA? Or is it more like levfin capital markets? TrySomeMalort
+1 Thanks a lot for offering to do this! sams3
+1 Congrats on Barclays Intern in IB - Gen
+1 Hashem isn't paying you a 6-figure salary, is he? Sharky286
+1 I see your point, and this is exactly why I have opened this thread. pipps_
+1 SF TMT is mostly tech (some media / entertainment too, think they did the EA / PIF and Endeavor / SLP deals). NY TMT is predominantly Media / Telecom, with some tech (~30%, mostly software) Analyst 3+ in IB - Cov
+1 You'd certainly stand out, and it takes more work from the recipient to dispose of a letter than it does to delete an email (so, more likely they read your stuff). MMPM
+1 You got an offer from a top place. You cannot be there for whatever reason. Case closed. Principal in HF - Other
+1 Invaluable advice, thanks for sharing! Certainly been guilty of this mindset before LendingFanatic1
+1 kiltedlowlander CRE
+1 A dumbass middle school bully is surprised when the weaker kid fights back and has no idea what to do.  That's what's going on here. Soros_
+1 The Mormons I’ve worked with wouldn’t work at all on Sundays (for religious reasons- totally understandable)… were they just lying to me lmao Director in Consulting
+1 Unsure about broader trends, but I did work with someone who made that switch - From non-MBB management consulting to RX consulting. Best of luck. VP in Consulting
+1 Special situations fund can achieve those IRR, i have seen it at Goldman for example. bluemonkeyeu
+1 yeah if you like self-aggrandizing slop mgw19
+1 Why would employers consider one who presents very strongly in terms of technical aptitude, attitude, experience and has credible hunger to do more unworthy of consideration, just because transaction volume has been lower SwansonOrSamsonsite
+1 For what type of firm and position/experience level? What types of questions are you asking in the interview process? SwansonOrSamsonsite
+1 OP here.  Painful but appreciated comment.  Just collecting datapoints that I need to make a move Associate 2 in PE - LBOs
+1 People are crying because they didn't get a job? Multiple people?  IsItREPE
+1 welcome to the community. it’s a great place to pick up on the technical side of things, but don't overlook the networking aspect here. elsizinie939
+1 Came out in 2017, wouldn’t have been possible unfortunately CREMonkeyz
+1 Whats your interest rate and minimum monthly payments? First step is to budget out all your expenses on a monthly basis. I have a similar amount of loans and was able to survive out of school on a 90k base. Degentard123
+1 That is a no brainer. Go LBS MiM. You will never transition from a no deal role to an IB position without stepping up your game. And you would have no debt I mean where is the dilemma here. goriecs
+1 as do I. It’s why two of my first 3 picks are doing it myself or being the second guy at one. I love my job. credev99
+1 I think it could be a combination of things and I don’t have a clear answer for why. One factor is that I am focused on SM roles, so this limits me vs. if I was okay with going to a pod. seneca11235
+1 No one is delivering unlevered 20%+ gross in liquid credit without taking an obscene amount of risk Principal in HF - Event
+1 Congrats on MS DCM Analyst 2 in IB-M&A
+1 make sure you get the “REPE” in there 👌 VP in RE - Comm
+1 Wrong, the reason they are top colleges in the first place was their extreme elitism throughout history. Change that and new pockets of elitism will form instead, reputation is just a lagging indicator  analyzinganalyst
+1 Sweaty at times (like with any PE job) but culturally sometimes wish I never left Associate 2 in PE - LBOs
+1 Hey got XIG spd too - which office are you interviewing for? Did you hear back from WSJargon
+1 i was in process for R1, didnt hear back myself but my friend heard back for super/R2. Intern in IB-M&A
+1 Everyone knows UBS GB Americas blows Analyst 1 in IB - Gen
+1 (1) "Why is everyone so worried about PC?" Because they are making a lot of bad lending decisions that will create a mess when the market turns.  jl12
+1 You should try to catch up with people who cover your sector at other funds. If you are at a large fund they would of course love to talk to you. The Biz Kid
+1 "How are you guys thinking about the value of an MBA right now?" jl12
+1 Love the confidence from someone whose greatest flex is being a MM analyst who hasn't hit a 5% drawdown yet. Truly the stuff of HF legend. Gmanman
+1 Congrats on UBS! NBTtmoon
+1 He said IB Experience Broker in IB - Cov
+1 what helped me - - attach resume on email (make sure it’s clean) - say something like “here’s my resume for your reference” Prospect in IB - Cov
+1 Is this UBS? Analyst 2 in IB - Gen
+1 You are a good soul man. Far too many as*holes in this industry who think they will never be on the receiving end, especially with a lot of recent layoffs being unrelated to individual performance. VP in IB - Cov
+1 Its just you who keeps blabbing in every thread like a moron..  If you care so much about prestige why did you go to a low tier school like RSM ;) Analyst 1 in IB-M&A
+1 My buddy did the same thing and unfortunately got his offer rescinded. If I were you I’d either buzz my hair off or start lookin for big 4 accounting roles. Intern in IB - Gen
+1 McK pays its Business Analysts around 110-140k on average. Pretty sure even RX consulting firms that aren’t historically known for top of the line comp can atleast match that. I know brg for one does. Prospect in IB-M&A
+1 on the receiving end? pack it up Prospect in IB - Cov
+1 CRE: kiltedlowlander Sonny LoSpecchio
+1 let me give you a real take as someone who is going into HF but very interested in entrepreneurship. All my successful friends in tech startups have told me the same thing: dont try to come up with ideas. Analyst 2 in PE - LBOs
+1 Can only speak for what I hear from the UK side: Prospect in IB - Gen
+1 ^ key point already covered above - hard to shortcut otherwise. Associate 1 in PE - LBOs
+1 It’s all the PM’s discretion. People at the same firm contributing roughly equally to PnL can have wildly different comp outcomes. Delphi
+1 b Intern in IB - DCM
+1 Took me about 2 weeks to go from opening the material to passing the exam with KM prep. I will say I did graduate early tho so that might be why. Analyst 1 in IB - Cov
+1 Chicago Booth's Professional MBA allows you to work and get an MBA at the same time. Both can be done. AnonymousMonkious