+1 To be fair, I am a bit of a dumbass.  I took an IQ test a couple of years ago, and the person was laughing when they were grading my answers. Never got the score, however.  Prospect in Risk Mnmgt
+1 A lot of this is true but with respect to the firm overall (beyond just comp and city stuff), think there are some serious institutional issues? Analyst 1 in IB - Gen
+1 Thanks! I started in February so I guess it’s near a full bonus ningeve
+1 Seems like you didn't get a return offer from your commercial banking summer internship. Tbh, a lot of kids from GS/Evercore of the world without return offers struggle hard to land MM ft offer. ducudvsb
+1 yea true re: issues with fundraising Last fund was a little below target and no news of fundraising for the next Analyst 1 in Non-profit
+1 Services is still a great place to be but will get significantly more competitive. Associate 2 in PE - LBOs
+1 If you have any interest in being in Charlotte, I would favor WF Charlotte. Associate 3 in IB - CB
+1 Yes agreed - OP, my opinion as someone with several close friends who left Vista, it will be great learning and brand name for your analyst and associate years should you choose to stay for the full 4 years. Analyst 1 in IB - Gen
+1 I think the majority of Iranians do want the end of the Islamic Republic, but a sample of Iranian exiles is not indicative of the general Iranian population.  CheetahsInCities
+1 S&T recruiting works differently. if u get dinged from one, u probably wont get other offers. Largely dependent on luck and personality liminfer
+1 Thanks, that makes sense. Just to clarify, on my resume I have not listed any dates or claimed a diploma or graduation from the boarding school. I simply list the school under my university, since I did attend. poopymonkey1234
+1 1-2 weeks is normal don't worry about 1 business day  Incoming Analyst in IB - Cov
+1 Cloud Software Group is their big exit they're waiting on. The firm's success/fundraising going forward is pretty contingent on how big the IPO for it ends up being. Associate 1 in PE - LBOs
+1 i think the credit role being housed under CIB (i think it is? correct me if im wrong) is misleading to a student to believe itd be a more banker oriented role, but im pretty sure its ur run of the mill credit analyst. Analyst 1 in IB - Cov
+1 rerecruiting from mm to bb/eb is doable but the technical bar is meaningfully higher. The 400 questions guide will get you through an MM process but seriously won't cut it at evercore or pjt. Analyst 1 in IB-M&A
+1 Dude seriously, are you a bot? I guess you’re the UT Asian kid who just got accepted into jpm for sa 27 and kept spamming some bs questions.  Intern in IB - Gen
+1 i dont want to give u false hope, but 3/3 of the times ive gotten thank u email responses, ive ended up getting an offer. just a data point for u Analyst 1 in IB - Cov
+1 How did you even make it into the industry being this limited? afdhfg
+1 Wrong post dipshit Analyst 1 in IB-M&A
+1 I spend a lot of time in SEA and own some property there, and one of the reasons is because of what you described - the population boom in Asia never ends. datboi1234
+1 Never done it myself, but people I know who looked into it said the bar is much higher than most think. khan.mmua
+1 From what I have seen, it is less like pitching an idea and more like handing regulators a case that is already halfway built. elsizinie939
+1 I went down that rabbit hole a while back when we thought we had something interesting, and the takeaway was that it is really a legal process, not a market one. dean787
+1 You are dealing with highly strategic women here, they are absolutely part of the game. meatstreet
+1 If IB is your long term, that still may be difficult for FT. If you want PE, recruit for the analyst programs that are out there. The MBB skillset aligns much closer with PE than IB Intern in PE - LBOs
+1 Yep, Nick Maounis is an absolute legend too. Analyst 1 in IB - Gen
+1 Do your titles include the "analyst" title?  I usually just put investment analyst for all my titles anyways.  Wouldn't show it as "associate". VP in PE - Other
+1 Plenty of people go directly from IB > HF. Likely won’t land an offer during the first month or two of the job like oncycle for PE but you can recruit for HF directly. Associate 1 in PE - Growth
+1 Appreciate the response here and the varying opinion. At least personally, I see this in two stages:  crownsforkings22
+1 holy cope need4yield
+1 heard if you don’t hear back after 3+ business days, probably means you’re reject/waitlist? Prospect in IB - Cov
+1 I would go to places that pay well but also expect a lot from you - Apollo, diameter, BX / kkr / Oakhill if you are okay with less high octane stuff and good at politics, mudrick, silver point, monarch, mgg (privates), cre Associate 1 in PE - LBOs
+1 sounds good. im expecting the worse because i interviewed with 7 people during this SD and got 3/7 follow up responses and one of them literally said “nice to meet u too. Prospect in IB - Cov
+1 I'm pretty sure GS only has an industrials team in CHI. Maybe some GS CHI guys work on Telecom stuff, since cell towers are industrials-adjacent---not sure CuriousGeorge1024
+1 You make it sound these women are from Sudan and basic survival hinges on accepting sexual advances of tribal leaders. Get a life. They ain’t no victim. Principal in IB - Cov
+1 Writ large, I agree with you. kellycriterion
+1 No, you will still 100% have a background check done.  Associate 2 in PE - LBOs
+1 a BSL software seat in this market is a golden ticket in the age of AI howtomakeitinamerica
+1 VP in PE - Other howtomakeitinamerica
+1 Who cares. Just do something chill this summer Analyst 1 in IB-M&A
+1 PrivateTechquity 🚀🚀🚀Popped into see some 🐀s aggressively defend their cage, was not disappointed. Pokemon Master
+1 Not the end of the world.  Associate 3 in IB-M&A
+1 Rx Co and MBB+OW/LEK/A&M PEPI/Kearney should all provide the opportunity to lateral into IB. rolo25
+1 Hell yeah bro congrats braxtonberrios
+1 Praying on your rise brotha Prospect in IB-M&A
+1 Work a normal job like a bartender or a lifeguard and have fun this summer. No point in doing a fake internship where you’re not going to really learn anything Analyst 1 in IB - Cov
+1 Some of these MDs have confused mentorship with grooming Intern in IB - Cov
+1 bump + with an rx boom do you think we will start to see the rise of specialized RX boutiques (ie Tech RX) Associate 2 in IB - Gen
+1 HR has no clue what’s going on. This is just what people are saying as I said Analyst 1 in IB - Cov
+1 Think for consultants there may be more of this specialization occurring but not for the bankers beyond a couple of very niche boutiques(eg Seabury.) There's more room for actual differentiation on the operational side eve Analyst 2 in IB - Restr
+1 Paul Smith London if you can find it.  Substack_Guy
+1 Ok passport bro.  Batrick-Pateman
+1 Depends on what other options you have and pay. On the pay, how "below average" are we talking and YOE? Analyst 1 in PE - LBOs
+1 VP in PE - LBOs Director in IB-M&A
+1 Associate 1 in PE - LBOsI’m 5 YOE junior analyst. See 10+ YOE folks at 500k here Associate 1 in PE - LBOs
+1 Regardless of this weird backstabbing analyst dynamic, if the fund is mediocre performance and low pay, you should probably be keeping an eye out for other opportunities regardless unless you feel you're somehow learning s Investment Analyst in HF - Other
+1 Enjoy the last summer of genuine freedom you have. Engineer Monke
+1 Ok but if this is the sole reason analysts will still be needed, that could still mean massive reductions in analyst class sizes. You can still get that power trip off 5 analysts instead of 15 Prospect in IB - Gen
+1 Would be great to get some other takes, but personally tend to agree with the other commenters. Analyst 1 in PE - Growth
+1 Most of the discussion here seems to center on equity, probably TMT and consumer specifically. Anyone have color on the macro and commodities side? Prospect in HF - EquityHedge
+1 You can just say Dartmouth lol. All these “elite small schools” are far from what they sell themselves to be  Intern in IB - Gen
+1 More AI slop! Let’s go! Associate Consultant in Consulting
+1 I did it a few years ago, was a sr loan with a pik mezz piece and they asked to make some sensitivity tables. Was not too complex Analyst 3+ in RE - Comm
+1 I mentored my friend this year for banking, he landed a BB. It’s what you do for people because people do it for you. Not to land a fee. CallmeTony
+1 Keep your head up bud, this happens more often than one would think. Prospect in IB-M&A
+1 Truist same level as Huntington is wild and having 5/3 above them is crazy Analyst 1 in IB - Gen
+1 As someone interning in the nyc office next summer, I also can't tell if this is sarcastic :/ Yoooooooooooooooo
+1 While AI is certainly developing rapidly, I think many of you are under estimating how slow moving large institutions (such as BBs) are to move. bluecollarfinanceguy
+1 The bank doesn’t have any competent banker because they are too cheap to pay rainmakers, so are left with 0 rainmakers and with MDs simply begging for junior roles on any deal Analyst 2 in IB - Gen
+1 Do they have a license to operate? Do you know how long it takes a fund manager to get licensed to manage third party investors' money? If they don't have a license, how do they expect to structure it compliance wise? kil
+1 got it. i'd start looking. not a culture that i'd want to stay in. Analyst 1 in PE - LBOs
+1 Recruit on cycle and get a UMM/MFPE job so you have good fallback / pedigree if it doesn’t work out. Then, recruit for hedge funds once they start (usually mid-end of Q1/ early Q2). Analyst 1 in IB-M&A
+1 Jeff should go down a tier. Analyst 1 in IB - Gen
+1 Because of their high headcount and low deal volume, they probably have one of the higher meal costs absorbed (not passed onto client), so this makes a lot of financial sense Analyst 3+ in IB - Gen
+1 If you’re talking about ACoF. Team (both senior and junior) has completely turned over the past few years after their debacle of raising fund 7. VP in PE - LBOs
+1 This is pure corporate greed  Intern in IB - Gen
+1 Few all in comp data points: AS2 at Jefferies - $300KAS2 at Gordon Dyal & Co - $500KAS2 at Morgan Stanley - $300KAS2 at AEC Advisors - $475KAS2 at Barlcays - $325K Associate 1 in IB-M&A
+1 PWP ASO1 is $400K bottom bucket lol Associate 1 in IB-M&A
+1 Holy shit, thats where they invented currency Spreadsheet Sasquatch
+1 I was an athlete at an east coast LAC around 15 years ago. I always wondered why non-athletes went to these places. Not all that fun, in the middle of nowhere, shitty weather, expensive, etc. Director in S&T - FI
+1 Genuine question, couldn't you get to most distressed exits from A&M NACR if you actually prepped and networked a little + actually wanted to move? Analyst 1 in PE - Other
+1 stupid to get married and have kids.  honestly, nothing will ruin a man’s life faster than a woman ;).  I say that half joking, but seriously tho. Who needs the complication. earthwalker7
+1 no matter how perfect you think their ppt pages are i promise you they are probably pretty shitty by IB page making standards. Analyst 1 in IB - Cov
+1 Following this, am not a bad model builder and from an IB background, I can do the typical stuff without mouse and other nonsense, but MMHF/public eqs models are something I'm not very good at, and some legacy models are s Intern in IB - Gen
+1 Hi, Thanks for doing this.I am a relatively new PM(starting out 1 or 2 years), and have the following questions: Wanderful
+1 Absolutely, salary negotiation without market data is like navigating without a map—you're likely to get lost. WSO Monkey Bot
+1 In competitive markets, LinkedIn positioning is increasingly becoming a baseline requirement rather than an optional tool. Based on the most helpful WSO content, here’s why: WSO Monkey Bot
+1 PJT is definitely up there. RSSG is self-explanatory, and on the m&a side, their fees/deal team size ratio is top 3 in the street. They also pay better than gs and evr, that should be the one and only argument Analyst 2 in IB-M&A
+1 Every country practically has fucking nukes. If one launches they all launch that’s why none have been used for years. FanumTax
+1 Santander are relatively new in Markets (corporate/investment banking in general) and seem pretty serious about investing in the CIB. leefbmp
+1 seconded... most hardo guys make terrible calls on stressed names, let alone distressed names, and then cry about the docs being unfair.... Investment Analyst in HF - Event
+1 I worked under an MD that celebrated the filler buzzwords. Associate 1 in IB-M&A
+1 Are teams by sector in your experience?No, sector teams are mainly for performing and private credit teams. Although a few exceptions to the rule. chimpingaway
+1 Not sure how this could be true, my understanding is that meals are expensed to whichever client analysts are staying in late for - at least that’s how it goes at my shop shmak
+1 wuandale33Prob LO AM but those seats require CFA+MBA and are really rare. longlong
+1 As someone who has done a similar move from a European country I had no issues getting my partner the dependent visa, which seems even better than the skilled worker visa since it allows to move jobs without restrictions o Analyst 3+ in IB-M&A
+1 Jeff bro!!! Totally Jeff over any EB!!! Fucking donkey. Associate 1 in IB-M&A
+1 As someone looking at a lateral move to RX, can you share some insights into culture and WLB between those places? Analyst 3+ in IB-M&A
+1 If you ask, I don't believe it's a horrible look; it really just depends on how you say it. Most people will understand if you are kind and provide a thorough explanation of the circumstance. dollyartasia
+1 idk, i don’t think i want to renege on something and burn any bridges. when it comes to on-cycle firms usually give out exploding offers, so I don’t think i’ll have much time to think about it. baka