+1 UBS is not paying 110% lol Analyst 1 in IB-M&A
+1 The distinction between newly created project IP and a vendor’s pre-existing code/components is a good one. Hazel_Parkery
+1 Most interns I worked with received offers. Only heard of 1 or 2 that didn’t receive one, but generally everyone who performed was extended an offer. Associate 2 in IB - Cov
+1 Thanks for putting this list together. We’re from Vrinsoft Australia and noticed Vrinsoft wasn’t included, so thought we’d add ourselves to the discussion. vrinssoftaustralia
+1 Only if on a guarantee Associate 3 in IB - Cov
+1 Modelling  And then spend time tracking a few stocks, and modelling the KPIs quarter to quarter, try get a feel of what matters and what the stock is moving on. Analyst 3+ in HF - EquityHedge
+1 Hey, I'm also going LBS this year (mim). Semi-target ug, stem  Analyst 1 in IB - Cov
+1 most mentally stable UBS director  Associate 1 in IB - Cov
+1 Relentlessly Pragmatic: ectmt
+1 Exhibit A:UBS director acts in unhinged manner trying to convince the public that UBS isn’t the worst place to land in banking right now  Associate 3 in IB - Cov
+1 Do all three. Try to recruit FT although most processes r done already, then spend the rest of senior year trying entrepreneurship, and if it doesn’t work keep ur RO. Intern in IB-M&A
+1 We typically stick with your standard 20% promote, however, if the deal is more hairy or we’re working with new LPs, we are amenable to lowering it to ~15% post-hurdle. LMMPE_Associate
+1 Great comment, niche reference. 10/10 overall. Although, if you understand this reference (myself included), maybe spend a bit less time on this site nebranker
+1 Congrats on TA Associates Intern in Consulting
+1 As a Canadian myself, would choose Brown. College experience in the US is far better than in the UK, which I wouldn't take for granted. MonkeySpiderBro123
+1 Well, most of CS people went to UBS in APAC (e.g., Kyungin David Lee in SK) and UBS was already doing well there.. In the US, most of high performers from CS went to Santander and Wells Fargo. Associate 3 in IB - Restr
+1 Supply of labor is greater than demand.  thisisanexampleofausername
+1 Are you sure you’re getting 1-2% of the 20% (implied 10% carry) versus 1-2% of the 100% pool (more normal)? SaaSChimp
+1 Na bro just stick to the script. There’s a 1% chance that trying to differentiate yourself with “casual wit / humor” will land well since everyone’s aware of the purpose of these calls. rolo25
+1 What the fuck nutmegger189
+1 For those of us not in the know, would you mind explaining the sand volleyball thing.  Did Houston's best-known IB shop have a sand volleyball tournament for recruits? Dr. Rahma Dikhinmahas
+1 The VDR operator every year will hold a dodgeball/volleyball tournament and invite every Houston bank, basically trying to retain those banks as clients. Associate 1 in PE - Other
+1 Why would you go to Ross when you have an Ivy offer. Lock the hell in FinanceBro12
+1 Have been riding the SaaS wave well. SaaS apocalypse hit it hard though but told LPs, similar to other SaaS focused funds, that it is a great opportunity. Questionable. Reputation as real revolving door though. mattstein
+1 Doing well and trying to be a great place to work for juniors Anonymous Monkey
+1 id dedicate a hour per day. so maybe 7 hours blueyellowpink
+1 I've been in the VC market for quite a while. Sapphire is the worst employer ever (not even one of). The investment, IR, back office team is just a mess and incapable. random.x
+1 Goldman discount lol  Analyst 2 in IB-M&A
+1 why do you always say this and then never pm? what r u doing  Analyst 2 in IB-M&A
+1 Take the call, especially as they acknowledge you "probably aren't looking", they're giving you a free opportunity to explore. Base21
+1 That wouldn’t happen, TCIM is pushing for Voya to either sell the stop loss business or sell the whole firm to someone else. Depending on who that someone else is we would all lose our jobs. Analyst 1 in AM - FI
+1 Saw another comment on the fund being a revolving door. I am interested in growth buyout and heard they had decent upward mobility post senior associate — is this no longer the case?  PFDiligenceAdjusted
+1 total contacts or including follow ups? 2k is impressive. hope you landed somewhere solid Prospect in IB-M&A
+1 See an escort every now and again gagagagavabanau
+1 Applying for internship: "Wow Houston O&G seems cool and unique, let me accept this offer and move down there" Associate 1 in IB-M&A
+1 “Well” Intern in ER
+1 I joined out of undergrad  Analyst 3+ in HF - EquityHedge
+1 WF really is paradise  Intern in IB - Gen
+1 Thanks for your reply, this is interesting. smallfishbigpond05
+1 It's pretty tough to tell. I would say if you're applying to a general strategy or management position, probably move away from the strict Type / Deal Size / Industry / Role / Outcome structure. AceTheSolve
+1 I believe only one summer associate got axed from fig imperial cookie
+1 MS 30/36 returns no_home_jerome
+1 Del Anonymous Monkey
+1 Manifesting a good future! Fingers crossed CuriousGeorge63
+1 CRM (Hubspot, Salesforce, DealCloud) SaaSChimp
+1 “Do you want to step outside” Analyst 3+ in HF - EquityHedge
+1 All these rankings are bs. The best bank is where you’ll be appreciated the most and thrive.  gelato_cuspids1d
+1 Carry is always  as % of the deal pool. $50M check > 2x > $10M pool > 2-3% = $200-300k SaaSChimp
+1 Besides Princeton Mfin, Oxford MFE is on par with MIT MFin. While Ox has a stronger reputation and prestige, it's business school is relatively young and the alumni network is weaker. SO2628
+1 for the investment team yes m. valueinvestor123
+1 Tbh most people I know who work at MBB didn't start there out of uni.  nutmegger189
+1 Bro is still talking about this 1 month later Research Analyst in ER
+1 When I was in Europe, I visited one of Allianz's PE teams and they had a massive former aristocratic villa next to Allianz's global HQ. Associate 2 in PE - LBOs
+1 Just figured it'd better to give a more comprehensive answer edited by AI than a less comprehensive one not edited by AI. Associate 2 in PE - LBOs
+1 I think you’ll be okay. As long as you try to network and recruit even if it’s LMM, you’ll be back in investment banking. I’ve seen plenty of people go from MM to BB without a return and have seen GS to Cantor/Santander. gaggegr123
+1 I drive a lexus, nothing flamboyant but still get respect thehoodedarrow
+1 Has fig gone out yet? FinanceWannabe65
+1 This was just posted a few weeks ago Takeaways: Interesting angle but high turnover and tough culture. A lot of us received the same process recently BillBradleyBaby
+1 Don't know the exact figures today, but from at least 3-4 years ago it's 15-20% lower than GH. AKKR I know has adjusted their #s a little bit as they used to pay noticeably below peers (might still?). PrivateTechquity 🚀🚀🚀
+1 So evercore isn't actually releasing apps in september? I assume even if its not september its earlier than usual  Intern in IB - Gen
+1 Talked to a friend at one of the firms who said lots of cuts on asset management past two weeks. Merger just got approved and new company starts trading next week. Director in RE - Comm
+1 I never thought my thread would turn into another War Between the North and South EJGJJ
+1 In UK market, most people in master's programs are still able to do SA's, and at my school they had a large emphasis on off cycles too. Analyst 1 in IB - Cov
+1 I'm 100% on the 2-phone train. I was given a work phone in construction and have paid for my own ever since. jarstar1
+1 Ask Grok bawstin
+1 Analyst 2 in IB-M&Ayes its out superdays? ascdfbqt
+1 Is the 130k consultant role a new role since your initial post? Trying to forecast job market outlook 2+ years out is causing me pause on pursuing an MBA. Analyst 2 in IB-M&A
+1 Initial post, I was desperate for a role after job searching for 6+ months and due to a really dumb rule of how work experience was calculated, I got screwed out of ~10K on my base salary. Business School in CorpStrat
+1 some story there man... Dirty Harry
+1 For me, at some point, that’s no longer just normal IB shouting. Being shouted at is bad enough. But standing in front of you with a clenched fist and saying he’s going to hit you? That’s a whole different matter. portelizabeth
+1 IBD gives you a ton of optimally, there really is no clear place to go from secondaries and there’s little upwards mobility because it’s already really crowded at the top VP in PE - Other
+1 Speaking really bold for someone who made more worse mistakes than I did. MorganStanleyDCF
+1 This sounds like bait How exactly did he threaten to punch you. “cagr is wrong, I’m gonna punch you bro!!” I just can’t see it happening. Details are missing   UCTreeHugger
+1 Almost every spot goes to a target school student via OCR or someone with a strong connection (with still good credentials). The spots leftover for 'everyone else' are slim to none.  Associate 3 in IB - Gen
+1 cccc Prospect in IB-M&A
+1 Garbage team that got mostly wiped out last year. Only really do co investments now, North Am team will probably get axed in the next couple years just looking at Australian politics. Used to be good though Analyst 3+ in IB - Cov
+1 . Anonymous Monkey
+1 Investment biases means if you've been 10 years on the buyside you probably have developed a style/process that is hard to shake off. MMPM
+1 Yeah A told me you did terrible f1keymonster
+1 sounds kinda manual, dont you think? we live in the age of AI. unless you have fun manually doing this lol visakoo2004
+1 I see. In that case it is kind of a tricky situation because from my knowledge most MBBs in the US barely hire at all from Canadian schools, especially compared to IB. sksmxn
+1 I’ve done both through my career. I think that night time gym works a lot better when your young - you stay up later and sleep later so when you go out on weekend s late your sleep cycle is not so far off. patrick_bateman_
+1 TLDR - good space, not the amazing play it once was, and definitely not the same economics. Go do something you are mildly interested in, have it for decades and the rest will follow. Associate 2 in PE - LBOs
+1 Would leave as soon as possible. The only fair way to run a fund is total transparency on the book. shortponzilongresources
+1 With the exception of genuinely liking the asset class - why would someone go to infra PE? Analyst 1 in IB - Gen
+1 Allen Edmonds has a few different widths for the popular models. Agree with other comment to wear sneakers on the commute and change at office.  high hopes
+1 Would me putting in every single contract I scraped change your view? Throwaway696968
+1 Sounds like WF CLT PUI Intern in IB-M&A
+1 I got in a lucky situation. I started searching after hitting my 1-year mark, and I landed an AM role after 4 months. It was my only final-round interview, and arguably the best position I even got an interview for. Analyst 2 in RE - Comm
+1 Im at $250 VP1-VP3 hope it helps VP in IB - Cov
+1 Don’t do it Incoming Analyst in IB-M&A
+1 Great point. I always start with positives and then discuss some high-level threats to the asset class, no matter how optimistic or pessimistic it is, and I think that's what employers value. Analyst 2 in RE - Comm
+1 Tbh if you go to HEC or similar, you can work anywhere in Europe. Already with a bocconi bachelor you have a big advantage. I'd recommend learning German till C1 for maximum chances.  Investment Manager in Risk Mnmgt
+1 of the 27k at nyu only 9k are in Stern, CAS, or Tandon (business, liberal arts, education)... the rest are studying nursing, education, social work, or any major they invent (Gallatin). rooseveltfan
+1 With zero RE background, I’d try to network my way into one of the top brokerages.JLL, Newmark, CBRE, Cushman, another name you’ll see floated around here is Eastdil but I’d say they’re the most technical of the three and CREMonkeyz
+1 these banks just need a 10bn+ deal per year to give crazy bonuses given their 20 ppl size, and they consistently do at least 1 per year so wouldn’t call it dying lmao Analyst 2 in IB-M&A
+1 How close are you to your next bonus? You could try to spin it and say something like your bonus expectation in x months. Given your last bonus was almost a year ago, it was less relevant Associate 1 in IB-M&A
+1 I am lateralling and they asked for a proof of the bonus amount. Not sure why you thought it was smart to lie about it Intern in IB - Cov
+1 Based on the most helpful WSO content, here's a realistic roadmap for someone in your position: WSO Monkey Bot
+1 It’s a tricky situation tbh, I wouldn’t know what to do so don’t want to give a bad advice here Intern in IB - Cov