+7 Lots of inaccurate and overdramatize information in this thread so here is what I know personally from incoming Canadians at Evr:  CADMonkey002
+7 Sucks just like the rest of the American job market. Better weather though.  CRE
+7 I'll preface that you can do none of this and still get a return. I say all this because it's a short period that really is an investment in yourself. Analyst 1 in Consulting
+7 BC is semi-target school. You are definitely up there. I would say you should focus on your networking capabilities right now in the summer after and before work hours at the grocery store. Intern in IB - Cov
+7 jestermaxxing recreational.ears
+7 Periph maxing is such prey behaviour. My positive canthal tilt means I can only see directly in front of myself.  Intern in IB-M&A
+7 A few things that will always be true about IB and PE at the analyst and associate level regardless of the market: PeRmAnEnTiNtErN
+7 Been meaning to get back to this, sorry man. Well to say the least, it’s not looking too hot. I did what was recommended and recalled the email but ofc my loser analyst saw it (the dude literally lives in his outlook). Jay.L16
+7 UBS  1st year  mid bucket  ~50k  Ignore intern in title it’s from 2022 Intern in IB - Cov
+7 miranmiran Managing Director in IB - Gen
+7 have fun in nyc. VP in PE - LBOs
+7 DK is not good, not familiar with Baupost, Elliott I know well. I don’t think Elliott is a good seat, maybe 10 years ago it was. Elliott might have the largest delta between perception on this forum v actual seat quality. Analyst 3+ in HF - Other
+7 Aren’t u like 40 thrownaway123
+7 It’s never easy, but a conventional path will get you a conventional outcome. Very few of the PE billionaires worked their own way slowly up in an established megafund. Partner in PE - LBOs
+7 My honest take having been in your shoes at the start of my career and making a pivot to LevFin - apols for all the text. Associate 1 in AM - Other
+7 It’s worth noting that there’s a lot between “highly successful” and “failed”. Lots of brokers stay in the game because they’re comfortable making $2-300k per year. They’re not rainmakers, but they’re not failed. BostonCREdude
+7 Everyone uses some data, but the most you get is large AMs/MFs using data and demographics to help drive allocation decisions to specific MSAs. kylejackson
+7 I think the red flags are fairly apparent... to discredit them seems disingenuous. At a high level: Developer in RE - Comm
+7 Been trying to get a spot at the NYC Marathon for several years and never get picked in the ballot. I heard that NYC is wild and often characterised as a 26.2 miles massive block party. Gherkin
+7 The Hawks almost won the second half last night. crazylifechoices
+7 Corporate development jobs at mining companies in Mali and the DRC jp222
+7 Not to be nit picky but Kroll is hardly “squarely in the middle market”, it’s lower lower middle market at best. Accurate characterization makes a difference. VP in IB-M&A
+7 Im sure their returns are good, but reputation of them in the software PE landscape is very meh. As one of the other posts mentioned, they are very heavy buy and build and focus on rolling up small cap assets. SaaSmaster
+7 Really depends what you want to do in the end. If you want to spec trade, prop shop, hands down. If you want to do asset backed trading, utility. Themaster441
+7 My first piece of advice - stop listening if anyone says Marketing shouldn't be taken seriously. It's a great career, and if you are passionate about it you should absolutely pursue it. Addinator
+7 go to therapy and stop playing zero sum status gamesyou will be happier (and likely richer) Analyst 1 in IB-M&A
+7 Several factors. Firstly, like you said, it is easy. And bc it’s so easy esp now with so many widespread guides and toolkits out there, the barriers to entry historically reserved for a few are now available to everyone. Recruiter in CorpStrat
+7 Its interesting to see the way WSO has evolved because your take is what people on this forum previously said years ago when this topic came up and now its "white women shouldn't benefit from DEI." Its easy to say you pref Associate 3 in IB - Cov
+7 This is a good rundown and I think mostly true. Associate 3 in PE - LBOs
+7 This is super helpful, thank you. There are some small actionable steps I can take here to start things off. I didn't think about my investment thesis (asset type, location... Associate 1 in RE - Comm
+7 You are doing great relative to vast majority your age. Threads like these have huge confirmation bias as those that aren't saving very well or are closer to the average probably aren't sharing. Associate 1 in PE - LBOs
+7 no they will skin you alive during the superday if you do this. a friend of mine did this for BMO and I haven't seen him since Intern in PE - Other
+7 I was talking about the interviewing process for roles in IB vs more tech/science heavy jobs like AI researcher at top lab, quant dev or trader at trading firms.  tackytech
+7 Dude's enjoyed the last 4 years if it’s PSU/fordham rooseveltfan
+7 This doesn’t happen IRL, it’s not a Mean Girls drama where all the IB senior ppl at different banks gossip about how their sons are doing at other shops Research Analyst in HF - Other
+7 Banking is still very much a conservative, professional environment grooming/ dressing wise. I came from the military and it honestly felt pretty similar in terms of appearance norms. teez
+7 Depends on the work you're doing. You see those 200-300 page long fee statements that get published to the dockets? Manager in CorpDev
+7 I'd actually argue they're good where they are for now. Analyst 1 in Private Credit
+7 Associate 2 in PE - LBOs
+7 Honestly, you can do pretty much anything. I've seen VC, HF, Product, Corporate Strategy, Corporate Finance, Entrepreneurship, REPE, Startups, MBA, PC, Engineering, Consulting, Burnout...  Analyst 1 in IB-M&A
+7 Hey, I'm currently a ft analyst and have made a post related to this, but wanted to say that this is completely normal especially when momentum slows down. johnb2001
+7 sp1313 I think your instinct is closer to right than the engagement-bait framing suggests. The reason people switch providers after a bad update is exactly because accuracy is what they're paying for. Dr.Leigh
+7 i got excited and thought this was going to rate nightclubs, my fault for thinking kids here touch grass Analyst 1 in IB - Cov
+7 I don’t know what you mean by millions or billions question. I’ve met the senior guys at StepStone a couple times and know their model… bought an AKKR asset and just assume they a lot function like every other PE firm. VP in PE - LBOs
+7 Might be the least frightening gif I have ever seen. I've felt more afraid in the Whole Foods parking lots.  I think you might just be a pussy.  CRE
+7 I think there are a few reasons for this: Associate 1 in PE - LBOs
+7 $0  CRE
+7 Well that depends, how big is your cock? Analyst 2 in IB - Cov
+7 I ended up sticking with it. Three changes solidified my decision and I haven't looked back.  Analyst 2 in IB-M&A
+7 Come on man. Time to relax and give it up. Associate 2 in PE - Growth
+7 Buying a dogshit business with no moat and high churn at 15x run-rate adjusted EBITDA with 10 turns of debt Partner in IB - Gen
+7 Re-recruit ibmeatball23
+7 I hear you, but this is fundamentally flawed to me. Analyst 2 in IB-M&A
+7 Exits in PubFin are heavily influenced by the bank (BB vs MM), group/sector coverage, and deal experience. Holding the bank constant,  I would rank groups in the following tiers for maximizing exit opportunities: Associate 1 in IB - Gen
+7 Yes for sure - my experience at both firms were quite different. At one firm, the staffer of that group decided who we would give interviews to, so for any chats we enjoyed, we would forward an email to that guy. johnb2001
+7 UBS is like being in a doctors waiting room, except you’ll never get called and you’ll never close a deal VP in IB - Gen
+7 I've done 3 deals in the cybersecurity space, but a few years ago, so my knowledge may be a bit dated, but here's the way I think about it. I may also be misremembering some things, as it's been a while. Mastery 7 IB Shitter
+7 mate entire team looks odd. There is just something sleazy about their pictures and profiles Analyst 1 in IB-M&A
+7 I wish people were a little less anonymous on their banks. Like I get it if you're at a very tiny boutique that's got like five associates per class. You can even round figures a bit if you need to. Associate 2 in IB-M&A
+7 They’ll turn it around by the time I become an MD Intern in IB - Gen
+7 pik_floyd
+7 I think it depends entirely on bank, but we use NTM multiples a lot. We advise more on the buyside than sellside, so the idea is that we're paying for the future of this company, not the past.  Mastery 7 IB Shitter
+7 It's interesting because there will be a lot of lawsuits (probably). The lease probably has a lot of language around casualty and what happens, and despite all that, it's probably ambiguous enough that it'll go to court. coreplusplus
+7 This is classic EVR behaviour. GordonDebtCo
+7 Post CS acquisition, UBS went to shit. Analyst 2 in IB - Cov
+7 We used Aswath Damodaran's method. See below link, but the basic idea is: Use mature market risk-free rate and equity risk premium (i.e., use the US percentages), but add on a "country risk premium". Mastery 7 IB Shitter
+7 This is the advice I would give to myself if I had to go back in time for recruiting - ACTUALLY figure out why you like it or why you think you'd be good at the industry that you're looking into. Associate 1 in IB-M&A
+7 Maybe if they keep pouring tens of millions into it, but WF is also pouring tens of millions into their franchise, and WF is clearly much better at hiring people. Analyst 2 in IB - Gen
+7 yopierre PrivateTechquity 🚀🚀🚀
+7 Yo, I'm a power trader of over ten years. Power trading is inherently power trading. This is much different than distressed credit. You need to focus on one area or the other and not try to get "cute" with it. Themaster441
+7 hilarious what people think of as manageable WLB JerryOfTheDay
+7 Analyst 2 in IB-M&A
+7 thanks jewslayer1944 Associate 2 in IB - Cov
+7 IsItREPE
+7 We really only hire those that finish the modeling test the fastest. We like to see that they know all the shortcuts Associate 3 in IB-M&A
+7 Who tf works at desjardins  Intern in IB - Gen
+7 Eh… idk about this. I am an old guy but I have a close person at one of those schools now, and it seems like a cakewalk. SOFRsoGood
+7 MM IBK you will be able to exit into MM PE (not guaranteed) and corp dev mainly. If you realize you don't like finance you could get stuck. It's not that easy to shift away from finance. Associate 1 in IB - Cov
+7 Nope. Prestige is not about pay, not about wlb. Prestige is about the connections you have with powerful executives, and the amount of resources you command. FlyingBoat
+7 I’m half joking. I empathize with your feeling - I think it’s fairly common. Most PMs are not good managers. That being said, the industry has always been like this and it forces you to learn and adapt. Investment Analyst in HF - EquityHedge
+7 Operations associate from Charlotte NC Analyst 1 in IB-M&A
+7 One piece of advice I got for being in an environment where you don’t relate to people, is to be curious and non judgemental about them.  Associate 3 in PE - LBOs
+7 Please find excuses below: Analyst 2 in IB - Cov
+7 I wouldn’t read so much into it. johnny_quest007
+7 "I’m set to inherit a sizeable portion of that" PaulAllenIsInLondon
+7 You're right.  I've taken down the comment; it wasn't productive discourse and calling it out as such was fair. Ozymandia
+7 He wanted my coverage to be legit 100+ names (was at about 50 from the jump). He had evershifting expectations that he didn’t communicate. One week he wanted analysis one way and the next he didn’t want it at all. Investment Analyst in HF - Other
+7 This is actually better than most of UBS on the WLB with no deal flow front. Analyst 1 in IB - Gen
+7 The 30 Under 30 to Prison pipeline is undefeated  CRE
+7 Respect that your firm may have that mandate but that’s a very reductive way to think about DL investing. Associate 3 in PE - Other
+7 Yeah it’s pretty funny the best business models are everything an advisory firm is not, but the main reason you don’t see bankers doing what you’re proposing is because the type of person who is a talented banker and the t liquidiot
+7 What’s another way to look at the question. Say 10 years from now, under what circumstances are you elated that you pocketed $200k and went to philly? Ovid
+7 Here is the part that bothers me most about this and I've seen it plenty of times in my career. NoEquityResearch
+7 ProspectiveMonkey1800Cope. Your argument is mostly emotional and filled with logical fallacies GregMadeMeDoIt
+7 In fact they are already on their way as we speak VP in IB - ECM
+7 A/W Alum here. I didn’t love my experience there and didn’t find much of the academics directly useful for finance. That said, the school absolutely matters — brand and network open doors, especially early on. DAVEYJONES
+7 The thinking is bringing the cart before the horse imo. SaaSmaster
+7 Citi ascendancy  Associate 1 in IB-M&A
+7 "My seniors are all way smarter than the management of the businesses we acquire btw." is maybe the stupidest take I have heard on this forum that was said in a serious tone. Senior VP in CorpDev
+7 Happy to hear more views, but from my understanding, value tech PE is currently in a very very tough spot. VP in PE - LBOs