+1 Oh right of course! How could we forget. This analyst will definitely have a shot at TCI, may even run for PM later on. Analyst 1 in IB-M&A
+1 What's your background out of interest?  Associate 1 in RE - Comm
+1 For a bubble to “pop” a bunch of people have to lose money. The questions is, who will be the loser? And will the scale of loss be so large that it will lead to a bubble collapse? I say no. ojapar20
+1 Yeah man. I made it 8 superdays, all cold apply. I would say they were very good shops in the MM.  hijsjsj1234
+1 From what I've heard, most roles open towards the end of summer/throughout fall. Would start networking sooner rather than later though, just to get ahead of the curve. what the EBITDA
+1 in the market we've had the past four years?  fuhgeddaboutit  asmith_1
+1 1 tip, leave and go do something where you actually use ur brain/take some risk enlightenedfinancebro
+1 This is called revenge bedtime procrastination  designa888
+1 PJT currently ranks 34 for M&A in Americas, 4.5 bn transaction volume over 15 deals, averaging 300 mm per deal. MKlein has not accomplished everything this year so far.  Analyst 2 in IB-M&A
+1 after, Aug-Nov hijsjsj1234
+1 Thanks for the insights! It’s interesting to see the comp divide between ex-CS and legacy talent. What does this dynamic mean for new joiners coming from a non-CS background? Analyst 2 in IB - Restr
+1 Need more descriptors than this. What does he look like johnnypython
+1 Having a wooden speed boat. Takes a TON of maintenance which is incredibly expensive unless you do it yourself, they’re usually +50% more than their non-wooden counterparts, and scream old money. seekinthealpha1
+1 Age: Mid-30sTitle: PrincipalFund size: Megafund in NYCYears of experience: 13Base + Bonus: ~$1M (pre-tax) paper hands
+1 To crush your goals of transferring to a top-tier school like Cornell (Dyson) or Michigan (Ross) and breaking into consulting or high finance, here’s what you need to know: WSO Monkey Bot
+1 Harvard AB and Oxford MA Prospect in IB - Restr
+1 roastedplantains: Would it be crazy to go PC to Corp dev for a non-PE F500? Depends on level of seniority imo willthwiz
+1 Without a doubt outside of India if it's a decent global B-School klpd_klpd
+1 Congrats on GS Intern in IB - Gen
+1 To be frank, neither will really move the needle much from a global PoV  klpd_klpd
+1 Absolutely second this, India's investing market is significantly smaller than you would imagine, the potential for things going wrong is also higher than most anticipate (especially given the kind of people you will be wo klpd_klpd
+1 Distressed Debt is a waste of time, if that is still a thing lol davani1420
+1 Unfortunately there is $5M frozen in a bank account that he cannot access. He just needs $1,000 to pay the fees to unlock the account. Determined
+1 Very few over the past few years as fundraising has been difficult for everyone. Town Lane is one of the few. goodL1fe
+1 You can move from quant to IB if you want to until like you second or even third year but you’d prob have to start from AN1 but you CANNOT DO THE OPPOSITE. enlightenedfinancebro
+1 anyone hear back regarding placement? southernfinancebro
+1 Lol is this rage bait? Citi is garbage Analyst 2 in IB-M&A
+1 MONEY! lebronisthegoat
+1 sorry thanks im literally a curious highschooler who just committed to college wannabesellout
+1 Not yet I really wanted Industrials/Media Telecom. What did u rank? Intern in IB-M&A
+1 Oh for sure it's brutal. I hadn't even taken a finance class (was STEM) until sophomore year and didn't know about banking/PE till nearly that summer. PrivateTechquity 🚀🚀🚀
+1 Looking for better candidates Ozymandia
+1 I feel like employers are literally just looking someone already in the same job function looking to lateral Developer in RE - Comm
+1 Did you already do the final round, or did you only do the video interviews? annymouszebra
+1 This is unfortunately where my head’s at too. pants_pooper_67
+1 Ivey grad here. Save yourself the stress of getting into the program and go to Queens. Associate 1 in PE - Growth
+1 Lmao literal criminals Associate 2 in IB - Cov
+1 never ask who banked the nazis before and after WW2… Analyst 2 in IB-M&A
+1 Lmao thanking my lucky stars rn that I accepted an offer elsewhere. Had one from PWP HC Prospect in IB - Restr
+1 Wait is that true  Analyst 1 in IB - Cov
+1 Congrats on Citi/BofA — don’t think anybody outside your non-target thinks of LAZ/PWP as on the same tier as them. Analyst 2 in IB - Cov
+1 As an Oxbridge grad this is incorrect. Not sure where you got this idea from. Prospect in IB - Restr
+1 My advice is to go to every basketball game johnnypython
+1 Do you enjoy the client facing work? The investment analyst role is going to have different pacing with sitting assets and being less external focused. No longer providing a service - you work for yourselves. orangecatowner
+1 Is anyone in a process with them currently for FT? Intern in IB - Cov
+1 Yeah, why pay you like an associate if you can’t exit. Penalize you an extra analyst year for staying on the books Associate 2 in IB - Cov
+1 I think it’s fine/performing decently, albeit weaker than other large BBs. Probably still some redundancies with ex CS people / headcount  Associate 1 in IB - Gen
+1 You got this champ! Determined
+1 I recently made a similar transition out of Energy PE to a different industry. Based on advice I received from others, going back to PE is definitely possible, but you need to have the right story. dlfkg3412
+1 UBS has good e-trading teams across all assets. Heard they are paid well too and have low attrition. Equities derivs is probably also good. potatolover34
+1 Take the Sci Opportunity over Tech, M&T and M&A for sure Analyst 1 in IB - Gen
+1 UBS GB Outlook by year over my time at the firm: 2017-2021: Very Bullish2022: Bearish2023: TBD merger dependent2024: Bearish2025: Very Bearish2026: Hopeful I will be laid off soon Analyst 1 in IB - Gen
+1 UBS needs a new M&A, FIG, M&T, HC teams, among others. Analyst 1 in IB - Gen
+1 Based on the most helpful WSO content, here are some key insights and strategies for breaking into finance: WSO Monkey Bot
+1 Primarily WM/Markets/AM Gainone1572
+1 I think***** rates, equity derivs, and structured products rings a bell about beig decent**** pls take with massive grain of salt Analyst 1 in S&T - FI
+1 Some options:Get into a graduate program (IB, consulting) and defer your offer for a year - very common. Apply to Ox/Cam senior year Trader in HF - Event
+1 nepo city Analyst 1 in IB - Restr
+1 Really appreciate the response - enormously helpful and definitely a lot to think about. capstgcapstg
+1 Dude u missed a golden opportunity to fuck with him, u should've walked up to the guy and said "Harvard or Oxford" Analyst 1 in IB - Restr
+1 Thanks for all the advice. I focused a ton on cramming case prep and a decent amount of time getting my PEIs down. I cased with a bunch of students, as well as some McK alumni from my school.  bananabean
+1 I’m obviously it varies on the niceness of your apartment. However, if you are thinking nyc prices remove that thought from your head, set it on fire and never think it again. I would say while Chicago is expensive. Assistant in Legal
+1 Age: 30 Associate 1 in PE - LBOs
+1 Look it’s a respectable state school. It’s a non target, but there’s a wide range of non targets. guyfromct
+1 Thought about doing this during a manic episode a few years back and am so glad I skipped on it Billy Walsh
+1 People hating on PJT M&A because of "muh league tables" but if you consider selectivity, exits, comp, and chill factor (literally the enumerated criteria of this post), then they're obviously A if not S. flipcup
+1 Your parents are truly horrible people man tf.  Associate 3 in PE - LBOs
+1 Providing a banking perspective. Senior VP in IB - Cov
+1 Not a direct source but bonuses don’t have a payment / vesting schedule (not sure what the 4 years you’re referring to is), but if you leave before the end of your role (analyst years, assoc years, etc), they will clawback Intern in IB-M&A
+1 If you want to be in the US, go to Northwestern. If you want to be in the UK, go to LSE. jackdonaghy26
+1 He was Japanese, Gary Cooper? chrismoltisanti
+1 Thanks for your offer - I have a short cash cycle and low capex, I don't believe I need an investor at the moment :) carlkylebryan
+1 did you get an email from HR or someone in the group told you? Intern in IB - Gen
+1 I am actually a janitor at the Wells Fargo anchorage branch. Put some respect on my name. Assistant in Legal
+1 I’d wear a button down and slacks/pants (lulu/vuori/rhone) with a coat. Hardo Intern
+1 I have seen in prior threads that Monroe is perceived to have a slightly better WLB but the pay reflects that. Not sure on the rest RCJ92
+1 Female? anon1982
+1 My initial goal was $5m, then $10m and now I think I want ~$100m so I can try a few different business types out that I've wanted to. I've also discovered I like doing certain things more than I thought I would. m_1
+1 What are you passionate about? Start there. And if you don’t know, spend some time / money to figuring it out. You’re in a privileged position to do something that excites you. Analyst 2 in IB-M&A
+1 Del Orenji
+1 Saw TPG comp on a thread. Is this the updated? And what does scaling look like at most MFs for ASO2 and 3? Analyst 1 in IB - Cov
+1 By clawback, do you mean that people have to pay back their bonuses? That’s insane  curiousgeorge576
+1 EB ASO 1 is a level higher than PE ASO 1 since most EBs have analyst 3. Not comparable Analyst 1 in IB - Cov
+1 I'll have to remember that next go-around. Pierogi Equities
+1 ~$2M is vested of carryanother ~$1.5M incremental NW if you marked the co-invest at NAV, but don't believe itdid go to business school, otherwise would have more money! paper hands
+1 If you're in the Midwest, seriously consider Chicago.  NewIndustryHorizon
+1 No one’s going to check don’t lose sleep over this Intern in PE - LBOs
+1 Many closeted racists in Calgary IB Associate 1 in IB - Cov
+1 That seems to be what I am learning, being in the network of those who work in or are connected to VC and immersed in the ecosystem. sanjitmandal
+1 what are laz intern hours like for generalist m&a? incoming there as well, would appreciate any insight! Intern in IB-M&A
+1 for sure MachoPacho
+1 Blind leading the Blind  VP in IB - Gen
+1 Harvard UG + Oxford UG Prospect in CB
+1 Surely rothschild & ducera are in B+ if we're talking abt Americas and move up HL and Wells botman
+1 Bump - any insight on groups/culture would be helpful as well Analyst 1 in IB - Cov
+1 its because they need to adjust for the constant decrease in deal flow haha. Its probably because now the average analyst gets 1 deal rep every 3 years instead of every 2 years... SageKellyjr
+1 What? Just spend 1-2 years there and recruit for HFs after… like everyone else investor45
+1 For breaking into macro S&T, are Econ masters any good? (UK/EU if relevant) Prospect in S&T - Other
+1 Not so much. I only know that they are scraping low quality korean deals through offering relatively low fees. Gainone1572
+1 SF is brutal  Associate 2 in IB - Cov