+1 Last year I was a book-worm for my standards, think I read 12-15 books from Jan-Nov. unders
+1 If you're into geopolitics, Foreign Affairs magazine is really high quality and a lot of their journalists have been government advisors or worked for reputable security institutes / think tanks. unders
+1 Congrats on MV! Associate 1 in IB - Gen
+1 Dawg VP in PE - LBOs
+1 Ridiculous comparison. Asymmetric analogy. We’re discussing office wear and professional presentation. Not the type of clothes, or lack there of, that makes a woman attractive. Monaco Man
+1 Thank you so much. I can't begin to tell you how much this answer has helped me. supersigmaconfusedguy
+1 Thank you for your kind words. I'm glad I could help. Take care and good luck.  Principal in HF - Other
+1 I would say Harvard is the most well known and prestigious one: I came across a paper recently analysing the universities worldwide who had the alumni with the most influence and/or wealth. goriecs
+1 I don’t think it’s that valuable to look at a single quarter’s worth of data for an m&a industry where the sales cycle is 24/36 months, especially for small firms that don’t cover the world. Assistant2theregionalmanager
+1 Global credit at RBC is like the closest division possible to FO Corp banking while not technically being FO. They get a great base (~90k ish) for a non FO role but I’ve heard they usually get way less bonus. Recruiter in CorpStrat
+1 Agree with more ambitious. Going to HBS to exit with IB is somewhat a waste (given the spend, same for Stanford). Associate 1 in IB-M&A
+1 If you are going to include ROTH as might as well put HL RX at the top of 2... Analyst 1 in IB - Gen
+1 I was scratch at 15 :) Principal in HF - Other
+1 Additionally, I would say that most IB/PE positions are not for most. A lot of people who join the industry realize this in their first few years as well. PeRmAnEnTiNtErN
+1 Just speak slower and make a focus to articulate. Try to do anything but put an inflection at the end of your sentences. By surfer do you mean valley girl or Spicoli from Fast Times at Ridgemont High? Monaco Man
+1 bump Intern in IB-M&A
+1 Totally agree with the lower career prospects. Maybe I should’ve mentioned this but I don’t care really for PE since the hours are the same as now Analyst 1 in IB - Gen
+1 I was in the same boat. Started taking anti depressants which helped. The day to day job and environment can really weigh on everything else and no amount of bonuses or dopamine hits cure that vibe. Xhamster02
+1 Yes exactly Associate 1 in PE - LBOs
+1 110 bn deal value is recorded to all the banks in last year's league table when the hostile takeover is announced. This ranking is from LSEG. Analyst 2 in IB-M&A
+1 Congrats on UBS! Analyst 1 in IB - Cov
+1 Both LSEG and Dealogic count the deal to 2025 league table when the hostile takeover is announced, so they won't double count it to this year's table Analyst 2 in IB-M&A
+1 Unpopular opinion but I actually enjoy the detail. FWIW I was a generalist and healthcare was just as granular, so the grass isn't much greener. At least my experience. PVV
+1 Congrats on shitpost  Analyst 2 in IB - Cov
+1 No difference tbh. You will pass screenings with both which is all that matters. The rest is on your proactivity (networking, internships, clubs like LSESU or escp-hec finance society etc.)  Brag680
+1 Yes, I have met several people that knew Oxford and not Cambridge but that is often due to films, advertising etc. goriecs
+1 Hey, so with CAG, most people will still consider them “corporate bankers”, since it’s a required step to join the FO team. I would say only a small insignificant amount of people decide to stay in CAG. CB12345
+1 Pay is actually pretty decent. I heard for Asso 1 is around £120-130k mark and bonus can be anywhere between 50% to 100%. Being a pension fund, they don't have carried but from VP they give an LTIP. Assist. VP in PE - Other
+1 ????? Have you been there recently?? They took the most beautiful area in the lower 48 and ruined it. LA and SF feel like a third world country while costing a fortune. kiltedlowlander
+1 Retail & leisure and consumer are on the lighter end, tech varies a lot (SaaS is clean and structured, hardware/platform gets heavier), and industrials sit somewhere in between the mentioned and Infra PVV
+1 its pretty simple they are light on crime now and have had awful policies.  financialrepublic
+1 Petreaus responded to my cold email as a student asking to interview him, YMMV Gibbanana069
+1 originations roles are a bit more agnostic about locations - especially if there is a rainmaker in said city. CMBS securitization jobs overwhelmingly in NYC but origination/underwriting in NYC/CLT/DFW/LA/Etc. anonymousBNK
+1 Congrats on USB (or smth like that idk) LendingFanatic1
+1 Congrats on QUIC shareholdermaxmonkey
+1 Well look at it this way, the price of Andover/Exeter is not significantly above the price of a St. Andrews, Kent, or another mid-tier boarding school. It's actually right around the same price. wificactus
+1 If you went to a top school for undergrad, everyone graduates starry eyed.  wificactus
+1 Better off going to commercial banking & stacking actual deal reps imo VP in PE - LBOs
+1 Everyone laughs at you but PJT hasn't done much in a while. They had their moment and now the moment is passed. Hate to be the bearer of bad news.  Analyst 1 in IB - Cov
+1 Thanks  ran.287
+1 that's the point that I'm trying to convey. people are wearing these expensive, uncomfortable, and unattractive suits just because of clothing expectations in professional environment. Kevin25
+1 What do you mean when you say "I also have relevant IB/VC experience?" Because that would differentiate you from most candidates who have no finance internships heading into sophomore recruiting. PEPrincess
+1 Hurting for a dollar working in PE, are ya? neil88
+1 Honestly think it’s kind of a tie. UBS is still a BB with likely better traction from headhunters despite the crappy deal flow while WF is a growing platform with a huge balance sheet to deploy and win mandates. Analyst 3+ in IB - Cov
+1 look at the candidate profile... what candidate will leave the comp of PE, IB or VC and pivot for $150K? pbd6
+1 In NY? $200k base and $150k bonus. Other cities will be less, ofc. Longisland1829
+1 Your median dying Europoor fund Associate 2 in PE - LBOs
+1 UBS still holds better legacy brand name and BB status, will give you access to much better exits than WF (despite both platforms being similar in strength nowadays) Intern in IA
+1 Have seen WF CRE lending heads at KKR, APO, TPG, etc. Never at BX tho Analyst 1 in RE - Comm
+1 No use thinking about it until the big 3 come back. Don’t count yourself out before you actually find out.  Nova is a good school though.  CRE
+1 larrysellers: I did a PG year for lax many years ago and expanding on your last sentence.  Sonny LoSpecchio
+1 Differentiated strategy that is doing very well (high returns). As a result, they are killing fundraising while many other shops are struggling. Very technical group. Culture can be tough (not much camaraderie). Analyst 1 in RE - Comm
+1 This is what 5 days in office does to a MFer… Analyst 2 in IB - Gen
+1 Modeling levfin groups for good analyst experience to my knowledge - bofa, ubs, db, jeff, santander (ex cs lfo). Works at Deutsche Bank
+1 Just to be clear; these are all credit modelling groups. Almost no LevFin group has PE exits rivaling that of the firms top coverage groups. Analyst 1 in IB - Gen
+1 GHL should be in 3 tbh better exits than firms in tier 4 and 5 Prospect in IB - Restr
+1 Haveli is very overhyped on this forum. The things you mentioned are pros, but also it's still an emerging manager with a newly formed team and they are investing in the currently challenged software space. Associate 1 in PE - LBOs
+1 RELL has poor deal flow so it’s very pitch heavy. Hours are surprisingly bad but okay relative to other groups. Exits are not good.  Analyst 2 in IB - Gen
+1 Hi mate thanks for sharing your experience. Great to see a tread on the Aussie finance market. I started at Big 4 TS, now have done 2 years at a small listed company. jameslam
+1 I did levfin to pe. Yes I think it is relevant, but you will be missing some stuff so be sure to self study or try and round out your knowledge base.  Principal in PE - LBOs
+1 From conversations I’ve had with people at Citi, one of the easier banks to go from cap markets to investment banking Intern in IB - Cov
+1 at least for the mid level roles, employers want the lateral hire from a firm they respect but want to offer "market." most people aren't going to leave their role for a similar role for essentially the same pay. Lifestyle123
+1 Take Citi, can always recruit or internally lateral to investment banking for full time. Would highly recommend going for LevFin or ABTF. Intern in IB - Cov
+1 UBS top bank >> Goldman Sachs intern123456
+1 i think we will all be replaced. check out IB Copilot AI. Does everything for you from almost nothing. intern123456
+1 if you assume hte null case for white collar work, infill-class A multi will remain oversupplied and overbuilt. Lifestyle123
+1 Wellness check. You still alive? Lol. longandshort
+1 Send the group head a pic of your balls that usually expedites things KageSelly
+1 Dartmouth and Columbia need to be between Yale/MIT and such and UChicago/Duke/NYU. If you want to get even more granular put Yale/MIT > Columbia > Dartmouth > UChicago/Duke/NYU.  ThaDonk
+1 Can tell you don’t work in banking based on the nonsensical inclusion of some RX groups and not others and having CVP RX that high Prospect in IB - Gen
+1 Yes, this is very normal for them. I’ve also gone through a whole interview process with them all virtual. I’m guessing they blocked off 2-4 hours to speak to you non-stop? Relax and have fun before you start. Associate 1 in PE - Other
+1 I get your point, but I can promise you that no amount of travel perks (idgaf if its first class, four seasons w/ $500 daily meal stipends) will make up for 2-4 flights a week, every other week if not every week of the yea rolo25
+1 Didn’t use to happen but banking is getting immoral with layoffs. It’s not even about cut throat. VP in IB - Cov
+1 I get that English is maybe not your first language but I literally recommended SSE lmao Prospect in Acct - Other
+1 Do SSE bachelors then Escp or any of the other top 5 European masters after and you're good  Escp bachelors is solid but sse being free is a big advantage  Analyst 1 in IB-M&A
+1 Ok bro Anonymous Monkey
+1 Hey guys - I have an offer from The Hall Chadwick and PJT and am in a dilemma about which offer to choose. Analyst 3+ in IB - Cov
+1 They have a small but growing HC team as well now  JumpingShip
+1 What I've heard is that the 30 part of that is definitely true, not sure on the mgmt fee. Associate 1 in PE - LBOs
+1 Not sure what P72 was last year but historically have heard from 60-80%. For CAP I heard similar at like 75%. Someone can check me on these numbers. Intern in HF - EquityHedge
+1 This was 5+ years ago so it may have changed. It was one I presented at a super day.  Principal in PE - LBOs
+1 Analyst 2 in IB-M&A Intern in PE - LBOs
+1 I interned in PE which honestly trained me more than levfin itself. Would just overindex self study on M&A and business strategy. Maybe read some of the great books on business strategy. Do practice models.  Principal in PE - LBOs
+1 Nearly all models are wrong but some are useful is what I’ve learned LendingFanatic1
+1 No personal experience with this myself, but here is what I’ve heard to keep strong relationships with someone when you lend them money: OverleveragedUnderappreciated
+1 AI will improve tremendously the workload on these infra models I believe in the next 2-3 years .. Analyst 1 in IB-M&A
+1 It is much better at these shop because they outsource the model to banks a lot more than Mega funds Analyst 1 in IB-M&A
+1 Anonymous Monkey: How does it compare to b5 m&a in terms of exits? Is the incremental pay bump worth it? Analyst 1 in IB-M&A
+1 You’re overweighing rankings a bit imo. At the bachelor level, especially for finance, school brand matters — but not enough to justify ~80k total cost vs free at SSE. bobybryan
+1 Nope it’s way more fun to be a king and subsidize all your friends with high paying, low effort jobs Analyst 1 in IB - Cov
+1 How are exits from HC and Sponsors? MF still possible? Intern in IB - Gen
+1 $250-400k ibmayb
+1 Infra is for elite only, no other sector understands cash flow and non recourse finance as well as for this group. Rest of you are carpet sellers Associate 1 in IB - Cov
+1 But the AI could also run these sensitivities - faster and more accurately ? Analyst 1 in IB-M&A
+1 Congrats on your recent Citi offer AK6969
+1 TSM, S&P 500, and paying the last of my student loans off. Donkey from Shrek
+1 Yes, the CEMS degree is top. Going to FGV will offer a very international experience along with another exchange depending on where you get. If you get I totally recommend that program and uni :) boib_1
+1 Tokat built relationships with a bunch of smaller biopharma firms that people overlooked when doing deals, and those balloned overtime with decades of connections and relationships. whoooo
+1 Hang in there bud Latebloomerchimp
+1 Got it, hope you can get it. But honestly man, I don’t think you need to be studying 4 hours a day for interviews. I think you’ll be fine dedicating 1 hour a day, maybe 2 on a weekend. Analyst0910