+1 Bump SEREEEE
+1 bump dgdidmnr
+1 There are age limits too, it's very hard to be hired above 35-40 without running a book at enough scale, regardless of how "good" someone is. cp5670
+1 Congrats on UBS! (Even WSO Monkey Bot getting in on the joke) Associate 3 in IB - Gen
+1 Interesting, thanks for the perspective. I'm incoming at one of these funds and took it over other EB/BB opportunities because I liked the idea of starting in one of these seats vs taking my chances on-cycle. Intern in PE - LBOs
+1 i was in the same situation in an old job. Associate 1 in IB-M&A
+1 TMT is simply the biggest industry for deal making, so everyone wants a part. It's not just the mega deals, but also a lot of MM/UMM deals that happen and might not be as well covered by other banks. Analyst 1 in IB - Gen
+1 More people need to. Our world is increasingly illiterate and unimaginative.  CRE
+1 He is a scam, he gave me credentials to try before purchasing. It was on someone’s name from Singapore. quantitative1
+1 what quirks does its model test have that makes it hard? Analyst 1 in IB - Cov
+1 curious how hard model tests could get other than time crunch. During OCR, it was mostly just a big time crunch Analyst 1 in IB - Cov
+1 s a great question. While some firms are relaxed about initial requirements, the real issue often comes down to 'broker-dealer speed' and registration efficiency later on. jasper.thorne1
+1 You are in for a surprise if you think you’re going to get any sell side m&a reps at 5/3rd, Blair no doubt that’s a extremely reputable platform Intern in IB - Cov
+1 Rogo is hot garbage.  Associate 2 in PE - LBOs
+1 How did your hours and pay look + scale as you moved through associate years? leopoldIPO
+1 Hey OP, curious what direction you took / where you’ve landed. Associate 1 in PE - LBOs
+1 Figure out how to get into the top finance club on campus. Once you’re in, upperclassmen will basically lay out the path for you. fsttrck
+1 Have you done any off-cycle model tests so far and what was the difficulty? Have heard anecdotally that FP on-cycle test was moderately hard (at least for those from non-tech background) Analyst 1 in IB - Cov
+1 are most in-person? feel like hard do proctor take-home tests these days with the proliferation of AI Analyst 1 in IB - Cov
+1 So wholesome! Welcome! PEPrincess
+1 holy ai slop 😂 slime_
+1 I appreciate you taking the time to respond with such detail and care, and was wondering if you could also provide insight into some other difficult questions of this nature:  128473626264828363728
+1 Could these people be going to schools they "want to go to" because they're fine with their life network and are confident, they'll end up where they want to regardless? AnonymousMonkious
+1 If you want to optimize for "maximum employability" then I would study applied math, which generally signals as a rigorous major that permits a person to join any industry including CRE. PEPrincess
+1 always easier to get a job when you have one. agree with above - start searching. find as many coffee chats / lunches / happy hours as you can and the opps will start to come in (not to mention headhunters). iMamba
+1 This is also true, but plenty of funds that liquidated or substantially harvested before rates came up that had the same story, so imho it’s not the full picture. Associate 1 in IB - Gen
+1 Could you go a bit deeper into what the buyside exits from ms gcm look like? Had heard that GCM didn’t exit well aside from a few specific teams. biganalyst
+1 Late answer but culture and WLB varies across team. Higher ed is best WLB and HC is worst. Infrastructure varies depending on niche and deal flow. Analyst 1 in IB - PubFin
+1 Idk, I have friends that work at BNP IB, Prop Trading Firm, GS, and now myself included that got these internships without a 4.0 GPA or a 3.0 GPA. Ape_ffm
+1 Maybe. I think you’re certainly capturing right wing dissenters here. Maybe even the majority of Americans. WSOBURNER69
+1 What made FP’s so hard? Is it harder than PF L5 or was it more SaaS modelling quirks (e.g., ARR snowball, customer cohort analysis) that made it hard? Analyst 1 in Consulting
+1 What?What language is this? ectmt
+1 Hugh Myron: Jermaine Dupre ft Jay-Z - Money Ain’t a Thang 🎶 “I’ve been spending $100’s since they had small faces…”🎶 Sonny LoSpecchio
+1 Honestly if you don't have a soph internship and are already set for junior year, I would just study abroad somewhere fun and enjoy your last free summer. Associate 3 in IB-M&A
+1 I'll decline the invitation to do the laundry list recap from an ASO 1 perspective, but will say that there are general comments of mine on what should matter for this stage buried in the replies just to the north of this flipcup
+1 Who’s giving a young, non-founder partner equity in the GP? Unless you’re at a TA type of place where it is formulaically determined, you will not sniff GP equity at a “fast growing” platform.  kuf135
+1 M&A and IND strongest. Tech is strong too and has seen some movement in leadership (both inflow and outflow) recently. LevFin is great. GAM has one of the better cultures. Believe FIG has a decent culture too. hocuspocus123
+1 I'm not arguing with you on the math here, it's just that the partners' share of the carry is literally a separate legal vehicle called the General Partner. flipcup
+1 Would say it's one of the better groups within the firm. Just check other threads as well. Majority of the bank's revenue is from Levfin anyways. Check LinkedIn for exits abcday
+1 ASU is more prestigious than them all Pro Veritate
+1 I think a 3.5 or 3.6 is fine. I think you’d have to really drop a lot to get in trouble. Prospect in IB - 5th Year
+1 AI slop is still AI slop even if you write it in stylized lower case print brother liquidiot
+1 Bump anonymous_monkey67
+1 Not necessary. If you’re recruiting IB/PE/HF then the fall will be your busiest semester of college. Lock in your interview performance and network well Intern in PE - LBOs
+1 I enjoyed Fortune Favours the Drunk by Pete Stevenson. I think most guys in finance could relate to it. stuffy36
+1 FIG is strong wookieecatamaran
+1 How the heck do I break into the Owner side of this asset class without DC experience? Seems impossible. VanillaGorilla
+1 Go look through the h1B database and report back: https://h1bdata.info Associate 3 in IB - Gen
+1 Best wso post about. Great advice rambulance
+1 Based on the most helpful WSO content, the advice here is clear and timeless: when deciding between offers, focus less on external validation or prestige and more on where you personally feel you can thrive. WSO Monkey Bot
+1 Based on the most helpful WSO content, the UBS CFO's comments suggest a mixed picture for their Investment Banking (IB) division. WSO Monkey Bot
+1 LSE A&F definitely a better course purely on face value. Can't really comment in depth but both courses have really good professors and good prospects. BigSwinging
+1 The food delivery industry is growing rapidly, and startups need reliable development partners to build scalable and user-friendly apps. elianacammy
+1 What do you expect from this? Markets are competitive, notably in Germany where internship structures are different. You have a contact but you are too late. Analyst 3+ in IB-M&A
+1 Anonymous Monkey: derekjeter
+1 I think being more competitive is good because you are interviewing against other candidates from different schools guillaume.alexandre
+1 Yes Travelport is a perpetual share loser. The people comparing it to Amadeus don’t really understand the industry. Both Travelport & Sabre are behind technology wise vs the disruptors / Amadeus. Analyst 3+ in IB - Cov
+1 Any true UMM or MF pays $300k for associate 1, in or outside of NYC for PE. I don’t know any that don’t… Associate 2 in PE - LBOs
+1 Yes, precisely. Investment Analyst in PE - LBOs
+1 My brother in Christ they don’t have any nukes and Netanyahu has been saying that Iran is “1yr away from getting a nuke” almost every year FOR THE LAST 30 YEARS. seekinthealpha1
+1 There's only one word I can say here: Why? Kevin25
+1 Had 3 rounds here and got the vibe it’s a sweat shop. I spoke to other folks at similar shops and they confirmed it’s an intense place to work and they’re very underpaid.  dllll22
+1 Bruh he was at HSBC London Prospect in Non-profit
+1 Honestly the more time I spend in this industry the more I realise it comes down to picking your poison. Always seems to be a trade off between culture, fund performance, promotion, comp and deal experience. Principal in PE - LBOs
+1 IU is probably the best from a brand and rankings standpoint - I have heard good things, anecdotally, about both their undergrad and graduate business schools. Addinator
+1 Go to Imperial lol, ppl in this thread are randoms who aren’t actually at these unis… Imperial this year had better placements than LSE John.Sa.
+1 The attention from your friends might be more rewarding than shit posting to random people on wso… try it out! Analyst 1 in IB - ECM
+1 Have actually seen (via Linkedin) quite a few MM banks w/ RX groups (namely Oppenheimer, RJ, & Baird) hiring ex RX consultants/CROs more frequently. rolo25
+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