+1 if you read all the above and still think “ah but it has a pulse and maybe everyone here are trolls” while grinning to Bruce Richards idiotic Bloomberg clips, god speed anon. Research Associate in HF - Event
+1 Not sure why you are singling out asian natives tbh. It's an immigrant thing. I am Eastern European, and a lot of people from my community that are first-gen are a very similar way. Associate 1 in PE - LBOs
+1 The two are very different. Intern in IB - Gen
+1 Building a market-making business through a "buy and build" strategy is an intriguing concept, but it comes with significant challenges and considerations. WSO Monkey Bot
+1 Thanks for the color and appreciate all the work going into your posts. Great resource for anyone interested in the space Prospect in IB - Gen
+1 At work I get ~3 days max to ramp up on a name so that’s about how long the case studies take me. Why do you need to talk to an industry expert for a case? Benson Says
+1 Not specifically directed at Mendoza, but broadly speaking if I were hiring to build a team in finance I would hire kids with heart and proven they can work hard and be winners. JamieDimonkey
+1 Lol what a name for the question. Yes I did get the part and I accepted, it is much harder to study for S&T than IBD. MOTL
+1 Put as many of them as you can talk intelligently about. Usually we will let you pick what deal to talk about; but you never really know, so would prep deal walkthroughs for all. Associate 1 in PE - LBOs
+1 Did you do the full video package or just the substack one? Analyst 1 in AM - Equities
+1 Thanks for this response.  A bit of a late bump - any preference with which side - North vs. South end?  NewIndustryHorizon
+1 Thank you, this is super helpful! Analyst 1 in IB-M&A
+1 Don’t take it unless you are 150% sure that’s additive to your career. Currently at a fund that pays that in NYC. All mid levels are hired laterally so no sight to growing internally either. Associate 1 in PE - LBOs
+1 Have you ever thought about leaving NYC? Analyst 1 in IB-M&A
+1 Ya as others have kind of said , the big question here is why you want to move to NYC and how badly you want it and what you value … Associate 2 in PE - LBOs
+1 While these places have done well for themselves and certainly have made their mark on social media platforms, they are barely large enough to be relevant in the hedge fund world. Research Analyst in AM - Equities
+1 Work in your own region first. IBs in Nordics I'm sure will gladly take you. Then pivot to London. If you go to hec and speak french then target Paris too  Goj5979
+1 Commercial banking departments do not need to hire targets. They need their RMs to know every factory owner in the region, not someone who can build a DCF in 5 seconds without touching the mouse trying_my_best
+1 Obviously unethical but HR doesnt care the most at this point. Just dont apply to graduate and then apply in december? You get a couples months off and can start in jan Analyst 1 in IB - Cov
+1 Yes, American Century is well known in the industry, I'd consider it a big shop. I haven't worked there though, but I think it would look good on a resume. StreetToStreets
+1 Based on the most helpful WSO content, here's what you need to know about roles like Citi Services and their positioning in high finance: Citi Services Role Overview: WSO Monkey Bot
+1 I think with consulting to an extent it’s even worse. If you look at consulting influencers it’s basically never somebody working at McKinsey. Which is fair, don’t get me wrong, I don’t want to gatekeep. consultingib123
+1 I think it’s moved from Banking/PE to Pods & Quant generally in terms of what is perceived as amazing Smoke
+1 Intern in PE - Other consultingib123
+1 funniest part about law students/lawyers is that the "know it all" stops when they need to take some risk, suddenly they aren't as confident anymore GS under Blankfein
+1 Smh, VCs still buy this crap from operators / founders? Everyone wants financial stability and lets not pretend money doesn't rule everything around us (shoutout to the Wu Tang clan). NewIndustryHorizon
+1 You don’t necessarily have to take a full course load, could taking 1-3 courses or however many so you’re technically still a student, as long as you don’t apply to graduate. Intern in IB - Cov
+1 The idea is that by living in a welfare state, you reduce social unrest (might also be a religious / spiritual motivation). meatstreet
+1 BofA numbers starting and they are trash. Completely delusional bank. Associate 2 in CorpDev
+1 There a thread like this literally every week. You guys are so tired VP in IB-M&A
+1 Depends on why desk/product you’re looking to break into. NFazem
+1 Please tell me that the SM isn't Abdiel Analyst 1 in IB - Gen
+1 facts. you don’t really get it till you build it yourself. reps > just watching. gentlegains_taylor
+1 there is little to no use for chinese in london IB. why would there be? as a better use of your time, polish your technical / interviewing skills instead. Analyst 1 in IB - Cov
+1 This is the tough part, he's over-reaching way too far and that just means the pendulum is likelier to viciously swing back towards the failed policies / socialism of the left. therealgekko
+1 Jeez, Merrill HC was loaded with talent. Business School in CorpStrat
+1 Nice coincidence Associate 1 in IB - Cov
+1 VP3 and my total comp number starts with a 4, again...ME... Associate 2 in CorpDev
+1 Idk I do feel like there’s more of an intuition component among the rockstars than people are willing to admit Anchor
+1 Associate 1 in PE - LBOs WalMartShopper
+1 I can't imagine giving a shit about billionaires. They certainly don't give a shit about you.  Fuck em.  IsItREPE
+1 Yes, by all means set a precedent for government to be able to unilaterally confiscate individual's private assets and force them to account for everything they own to tally their net worth for their records (which of cour PrivateTechquity 🚀🚀🚀
+1 To be fair, tax flight is a myth because taxes have historically not reached assets, but income, and it's easy to leave assets behind and take income with you (so to speak). Ozymandia
+1 patrick_bateman_ Ozymandia
+1 SWF DI roles - particularly at the ones that do recaps/growth investing - can be painful in terms of hours as well. VP in PE - LBOs
+1 ME - 70k cash no equity, way below other banks Associate 2 in IB - Cov
+1 I interviewed with the VP, she is one miserable person. Holy shit I wanted to get out of the interview so bad.  digin_po
+1 ASO2 ME $95k (70/30 split for cash/stock) Associate 3 in IB - Cov
+1 You are equating progression in Tech, a hard-skill based field, to IB which is mostly relationship based. Executive Director in IB-M&A
+1 The First Amendment explicitly prohibits the following:  Ozymandia
+1 Not a data point but are bad bonuses at BofA the case across capital markets? Anyone know if S&T / CB / ER are street level in terms of comp? Analyst 1 in S&T - FI
+1 Tech is not a hard-skill based job after a certain point. Associate 1 in PE - LBOs
+1 puddingYou don’t have the same upside he does so why should you take the total downside.  Ozymandia
+1 Is the main pain point saving time? Generally, that's a poor value proposition since it's hard to quantify how much that's means in $ unless it's at scale or dramatically frees up resources. Determined
+1 Hunny if you go on that boat you ain't getting off LMAO!! stay away from that spawn of satan. Analyst 1 in IB - Gen
+1 I applied for ny office but i dont think they sent out interviews yet wso warrior
+1 the associates/vps work harder than the analysts even though the analysts technically work longer hours. don't know how else to describe it. pay is good for top performers though Analyst 2 in IB-M&A
+1 Great culture from a camaraderie and mentorship basis according to multiple ex-coworkers that started as analysts there. But work hours are pretty insane since they're so busy. Determined
+1 FMI Intern in IB - Cov
+1 I know this thread is about fundamental equity. Could anyone shed some lights on (discretionary or semi-systematic) commodities and global macro? Prospect in IB - Cov
+1 You should not have to abandon one constitutional freedom to practice another. The right to have his firearm does not need to be abandoned to practice his right to free speech or to film the activities of ICE. Invalid_CREdentials
+1 i am pretty sure you are a bofa shill if you look at these numbers and think they look good. its bottom of the street. Works at Goldman Sachs
+1 It does not do any of those things, as you well know. Do I need to cite the text of the First Amendment for you? Some details on the limitations I cited.   GordonGekko87
+1 Whens BNP coming out? Intern in IB - Cov
+1 Any idea what comp can look like down the road specifically on buy side vs sell side? Junior Trader in S&T - Comm
+1 Ik how you feel. I applied to 320 SA roles before getting ONE internship (was ghosted by the recruiter for 3 months before I reminded her that I didn’t hear back, then went through 3 more interviews). OverleveragedUnderappreciated
+1 I believe last year they took 5 people from Wake, and I saw 4-5 other Wake students at the IB Insight Day in NYC. I got the impression that Jefferies must love to take students from here which is amazing. monkeybanker2937294
+1 I had the exact same issue. I could recite the 400 questions in my sleep, but I bombed a mock interview because the Associate asked me to walk through a concept without using accounting terms. munky293
+1 Bump Summer Associate in IB - Gen
+1 idk why you just started studying techs, but for reference i SD'ed at jeff for FT and its was mostly techs/resume stuff Analyst 1 in IB - Cov
+1 What location and coverage? Houston O&G is a world of difference than SF tech Associate 3 in IB-M&A
+1 Generalist program on the east coast. Deals are industry agnostic but have a focus on biz services, industrials, and healthcare.  Analyst 1 in PE - LBOs
+1 Man I left finance because of this job market - pivoted to another Industry with much better hours and working on my side business with the time I have. Finance is a dying industry Analyst 1 in S&T - Equities
+1 Wells Fargo is always hiring assistant branch managers. I worked that gig in Anchorage for a few years and raked in $36.42/hr plus benefits. lucien_de_montclair
+1 AGC --> CVP M&A Analyst 1 in IB - Gen
+1 The only snow day in finance is when the interns are doing lines in the bathroom to stay awake at 5 in the morning lucien_de_montclair
+1 Depends on your interests. It's obviously a more sweaty experience; but would be the ideal spot to be if your goal post-PE is to do porco operating work. Associate 1 in PE - LBOs
+1 Love when BofA bonuses come out because it sets the floor of what to expect at a normal bank  VP in IB - Gen
+1 In this sector? Definitely want to be under someone who has ridden the ups and downs and shown a repeatable process.Managing risk in such a volatile sector is difficult. Analyst 1 in HF - Other
+1 following monkey3958391939485
+1 So boston? alot of the good PE analyst programs are there so HH should know your firm, especially w/ that fund size. Analyst 2 in Private Credit
+1 Thanks. Any friction in interviewing or networking given travel constraint? Analyst 1 in PE - LBOs
+1 honestly, most of my mentors told me to start in the US and transfer to the UK/europe later on after im established at a bank. so im recruiting for banks in US locations rn. ur-fav-finance-bro
+1 Is it HV to SD? punpkins
+1 There isn’t a specific Supreme Court case that says “physical violence” as such is unprotected speech, because actual violence isn’t speech at all. Ozymandia
+1 VHCOL, stay at home wife, best school district and get to save every year I consider this as making it.  pere797
+1 ^^this. everybody wants $. and these shops all sound the same on paper. your results are your product. people already revisitng PC mandates. iMamba
+1 Wow, this was me 4 years ago. Crazy how much time has passed (and it's wild that the MBB comp has not gone up since I joined 3.5 yrs ago). Let's assume 110k base (easier for the math) Works at Boston Consulting Group
+1 If you get into one of those, could be a good way in. Also, many have data teams, might be good to start on a data team and try to learn from osmosis. hfanalyst__
+1 Whole thing is fucked. Strongly agree. Thinking I might put up a recruiter dart board. Associate 2 in IB - Cov
+1 hot take (maybe). loyalty is overrated. it's a 2-way street. if your firm isn't showing you love or track to do what you care about, start talking. iMamba
+1 I don’t think it’s that much of an issue, but can’t speak for how others view it  hfanalyst__
+1 same, i remember over a year ago when i had to apply to 350 SA roles just to land 1 good offer for 2025 summer, very grateful i got the return too so my senior year atm has been a chill fest - really happy i put in the tim financezyzz
+1 How much AI is actually used in day-to-day research and automation right now? Given how tools like Claude are simplifying modeling, how worried should new analysts be? roetx3
+1 Work I enjoy. Generalist mandate. Ability to take duration bets. Relatively low stress environment all things considered. From conversations with HH normally starting comp numbers would mean a pay cut for me (not a PM). hfanalyst__
+1 1-attention to detail. After that, learn what a good stock pitch is vs. a good book report on a company.   hfanalyst__
+1 Can make a good guess based on the 79hrs I log every week into banker diary  Analyst 1 in IB-M&A
+1 I'd weigh how likely the carry is to be paid out. If fund is underperforming and carry unlikely, leave sooner. If you think it'll be worth close to face value, then $1mm for one year is good comp. VP in PE - Other
+1 following Summer Associate in IB - Gen
+1 Development is unbelievably difficult. I have been in the business for a long time and have seen very few people get out of new construction with any promote. terra879