+1 Lol, no Amazon Prime
+1 Honest advice? Forget the "4 Cs" hype for a second. Find a vintage or antique ring they have character, better craftsmanship, and cost less than new bling. Or better yet, use a family stone if you have one. dean787
+1 I waited about that long. Honestly, there's no definitive time. You can look up on this forum and also in my experience it's all over the place. Investment Analyst in HF - EquityHedge
+1 it's $90K actually, I think.. used to be like $85 or wtv Intern in IB - Cov
+1 depends on your grade and stats but probobly low. Lot of international/ j1 kids here and banks will turn them away after this whole H1B thing.  Tiakola_1
+1 Not sure, I am not diversity so I did not go through those programs or have knowledge of anyI went with everything that I found interesting, but when there was one with Canadian alumni, I did reach out arthistorymusicgym
+1 Makes sense strategically, especially because of how strong the JPM commercial bank is. GS, BAML, WF all seem to be trying to do more of these small deals, especially in my sector (C&R). Managing Director in IB-M&A
+1 Does anyone here know what best practices would be for someone who wants to come back into the allocator space? spudrmonke
+1 do you get up at 3am every day? Research Analyst in HF - Other
+1 Why even do a masters in that if your end goal is American IB? I see it only really being "useful" in consulting from that list, otherwise you'll be banking purely on uni brand.  rpdwldn
+1 My freshman summer I interned at a firm with someone in his sophomore summer who said he had locked down an evercore offer for the following summer. I said I didnt know what that was. Research Analyst in AM - FI
+1 The Krusty Krab I heard just opened up as a boutique too. MD- Mr Krabs is a great guy Prospect in IB - Gen
+1  thread also got sweeped lmao. i think its like the same two people leaving insane racist comments wangmi
+1 Anyone got their actual first round interview yet? bdhxhhdhd
+1 My firm has a lot of IT governance blocking it off. But I use it heavily for drafting / proofing emails and for reviewing memos/presentations. Principal in PE - LBOs
+1 growth equity/pe vs commodities is not even slightly the same... the right way to think of it is.. how do the first 5 years in both look like and do you want to do either... monty09
+1 Distress in particular preselects for a particularly motley crew. The culture at almost every distress shop is TERRIBLE and TOXIC. Apollo, HIG, Goldentree, Platinum, Strategic Value Partners, Cerberus, etc… Principal in PE - LBOs
+1 Yes, they hired a former staffer from Lazard's PEI group. Not surprised that the group has gotten sweatier as a result. Analyst 2 in IB - Cov
+1 The worth you put on pedigree depends on the social circles you are surrounded by. The “oh you went to HYP? What year?” Or “what years you were at MS/JPM do you know xyz” definitely comes as you get past 30. Leverage Hero
+1 You are a joke. You can call the JEFF Houston team bad because they're too sweaty, or say the analysts are overly hardcore, but deal flow? Tell me one bank that touches more deals than they do. Associate 1 in PE - Other
+1 Yeah balance sheet lending. First I'm going to try and lateral to our capital markets team but if that's not possible then I'd target an originations/underwriting role at a private lender. Associate 2 in RE - Comm
+1 Prestige in finance jobs died down a bit as salaries are not as disproportionately high as they used to be (if you account for inflation), and there are more paths and more opportunities out there these days compared to sa wificactus
+1 . SMU Final Boss
+1 I know Texas banks sometimes hire Tulane kids SMU Final Boss
+1 Think about this from a founders perspective - what percentage will value a dedicated sector-focused deal team at a true MM versus a global BB conglomerate that will slap together a process? KageSelly
+1 Carry worth $0 (IMO). Left to do something other than pretend we are going to hit hurdle rate. Less hours and more $… good times after bad times. VP in PE - LBOs
+1 It’s true the days can be that long. The funny part is that everyone is working on made up work. Works at Barclays
+1 Investing with a maybe little operating / PM. Less structured than UMM teams which is very nice. VP in PE - LBOs
+1 bump andrewwu4
+1 bump andrewwu4
+1 S&T from Warwick MORSE is totaly realistic, I got in from Bristol maths. QT and stuff I just all down to getting fantastic grades to get an interview then grinding the practise questions. leefbmp
+1 It’s a moment where a lot of  priv companies are trading at nothing given uncertainty which can create a big buying opportunity. To another user’s point above, a few firms e.g. andrew32
+1 bump andrewwu4
+1 Might be wraps for ya pal Analyst 1 in IB - Cov
+1 No worries Charles. I appreciate the transparency. user63738283
+1 You can afford a $300/yr credit card without thinking if you are working in large cap PE boss.and the points will pay for itself quickly if you eat out a lot and buy groceries. Associate 3 in PE - LBOs
+1 Same thing applies for things like grad school too. Had a friend who lied about his work experience to Stanford, Harvard, etc on his application. flakeyassfriends
+1 I’m not sure if even becoming comfortably wealthy through private equity or investment banking is as achievable as it once was, unless you’re a top-performing Managing Director at an elite boutique. flakeyassfriends
+1 40% of our exits have been in software. We started to hear the market was shifting from valuating these companies from a multiple of ARR to a multiple of EBITDA. TheDoD
+1 The issue with your logic is that the multi-million PE outcome assumes successful funds & carry payouts, which is not necessarily going to happen in the next 10-15 years as the industry continues to mature, returns com Associate 1 in PE - LBOs
+1 God you are a loser 😂 IsItREPE
+1 Hard to give advice early other than get into the best school you can and make sure you enjoy what you want to get into Prospect in Consulting
+1 If you are losing a job to an H1-B in front office finance it’s because they are superior. 1/2 the job in IB and PE is looking the part, like you can’t tell me some Indian guy fits in better at any banking group. Analyst 3+ in IB - Cov
+1 Relax man. Anyone who’s taking the time to review your summer project and give you comments wants to help you. One of the things you learn early on in banking is that comments don’t = failure. ronartest552
+1 No because vast majority of those companies are either scams, frauds, or real products that will have their functionality be done by a LLM in the next 6-12 months. Associate 2 in PE - LBOs
+1 If it’s airtight send it, if not don’t. An additional idea shows drive, motivation & creativity. Everything a PM wants to see. Telemachus
+1 Who knew that a decade of artificially ultra-low interest rates courtesy of endless money printing would lead banks to overhire and then be left with plenty of white elephants! Analyst 2 in PE - Other
+1 I’m sorry to hear about your career challenges. Did you do your MBA direct from undergrad? Is it a T15 program? Telemachus
+1 Donbas GS under Blankfein
+1 Jesus Christ dude nutmegger189
+1 FSG Coverage (relationship management) is paradise. Life on easy mode Analyst 3+ in IB - Cov
+1 I’d say half of bonus is reasonable  Intern in IB - Cov
+1 do you really have a geometry dash pfp? yeah, you might be autistic  GS under Blankfein
+1 Past performance is not indicative of future results. They will still benefit from their reputation and be able to invest in businesses others are not able to because of their history. Associate 2 in PE - LBOs
+1 Literally just standard legal lingo b/c you’re an hourly employee credev99
+1 Thanks for the guidance! Just 2 follow-ups if you don't mind:  sgdsuy
+1 Thanks a lot, that makes sense! One last question: how would you advise me on strategising for landing a summer associate internship next year at a strong REPE firm in NYC? sgdsuy
+1 Yeah but you're not thinking ahead, how are you going to explain not being in Ivey when you actually do the internship and when you're FT? Analyst 1 in PE - Other
+1 Jesus saves, Moses invests VP in IB - Cov
+1 TZ is that you 😂 Prospect in IB-M&A
+1 Kpmg is not T2 Analyst 1 in Consulting
+1 Harder on buyside, but for sell side just look at proxy and see who got paid how much  Teller in IB - Cov
+1 KPMG is considered Big 4, not Tier 2. Business School in CorpStrat
+1 ubs M&A is paradise  Associate 1 in IB - Cov
+1 arthistorymusicgym ProspectiveChimp
+1 Reality is people just care you are doing a good job and actually taking on real tasks. No one is giving you a return offer over being last in office. Associate 1 in IB - Gen
+1 I know most recruit through Cornell. Now if you dont have the time commitment or have already graduated, Cornell does a watered down summer program I believe. teddythebear
+1 Uh, problem is that you're just gonna get filtered out. These days I think almost every student I see entering IB has PE internships and such. usernameladiesman217
+1 Don’t do it girl - not worth it and if it doesn’t work you might resent your fiance nothinglol
+1 This is an IB target school ranking, not a college prestige ranking. MIT is certainly Tier 1 if you're talking about the quality of education and its highly competitive admissions standards. Associate 1 in PE - Other
+1 I've heard EVR/JEFF/LAZ/UBS dont model but not 100% sure. HL FSG is more relationship management, not really IBD tbh Analyst 3+ in IB - Cov
+1 My guy...I think your dream is dead if you STAY in PE VP in PE - LBOs
+1 Those plus people with family money, non-finance entrepreneurs, foreign oligarchs, etc. kuf135
+1 I guess people simply got to see the reality and not the Wolf of Wall street version wallstrett
+1 You're not emailing companies. You're emailing people. They're just like other people. Establish a relationship and see what comes of it. nutmegger189
+1 I'm 19, so I'll share my perspective on a few of these points: londonraccoon
+1 I think the associate hiring market is really robust right now. I managed to lateral up market from my current MM seat to an EB and had a few BB offers on the table. Associate 3 in IB-M&A
+1 If you're aiming for investment banking, Wharton remains one of the strongest options due to its unparalleled placement into top firms like Goldman Sachs, JP Morgan, and PJT. WSO Monkey Bot
+1 Thanks for the advice! I'm curious as to what I should include in a cold email/LinkedIn message. Should I express interest in working at the firm or just hearing about their experience? JJ656
+1 havent been in a similar spot personally but saw someone at my old bank do it (as an ANL2) Associate 3 in IB-M&A
+1 Northwestern by far  guywhoisrecruitingig
+1 Girls place fine without clubs. If you’re a guy you’re absolutely fucked lol Analyst 2 in IB - Cov
+1 Curious why you say it leaves you in a worse position re exits / b-school? winston_main
+1 The more I do this job, the more useless a model feels from my seat (concentrated long-only). It clearly matters a lot for a MM pod, but my experience has been the opposite. Investment Analyst in HF - EquityHedge
+1 biotech been difficult to find shorts Associate 1 in PropTrad
+1 I broke into this industry successfully.. I don’t think a single job in IB at the junior/mid/senior level should go to foreigners and I think Americans should prioritize the economic wellbeing of other Americans.  Associate 1 in IB - Cov
+1 https://discord.com/invite/j3YYrnCa7z 714_Lemmon_Legend
+1 imagine being pissed off that the people who risk their lives to deliver your burrito are the wrong skin color  Intern in IB - Gen
+1 Theres probally 15 other threads like this on the forum. Quick tip -> search your question + "wso" on google, its search filter is much better then wso's internal one Associate 2 in IB - Cov
+1 I like what you said about maximizing options. Gideon Rose
+1 Congrats on the h1b! Associate 3 in IB-M&A
+1 I do not think the city is the deciding factor anymore. In our case, the quality of the technical discussions varied much more than the location. Hazel_Parkery
+1 Slightly wavy, straight, whatever.  It's not curly.  nutmegger189
+1 Honestly, it really depends on your lifestyle and where you are in your career. If that rent is eating up a huge chunk of your take-home pay and leaving you stressed about savings, it's definitely pushing it. Hanlon
+1 I paid 5k as an associate 3 and then 6k as a VP. Your budget is doable, but a little tight imo if you have a kid and your partner is not working. You can afford it but comes down to if its worth it to you Leverage Hero
+1 Honestly, if you've already had a pitch put into their book, you’ve clearly proven you can do the work. mithusjc
+1 It feels incredibly slow. You're not the only one facing silence right now; the volume of applicants is just overwhelming for most firms. elsizinie939
+1 Nws, good luck leefbmp
+1 Ya I mean unless you wouldn’t be starting for several months or it’s a near-term catalyst, I’d hold onto the idea and then come in day one with it if you get the job. Investment Analyst in HF - Other
+1 Valiant, Verso, Route One, Farallon Analyst 1 in PE - LBOs