+1 Coconut1983Yeah so with trump there was a chance he was going to do good, and a chance he would be a conman. IsItREPE
+1 Focus on making contact w headhunters rn not networking (if you meant networking w the PE firms). And it’ll eventually get back via reference checks JFYI Analyst 1 in IB - Gen
+1 $115M levered macro bet Associate 3 in RE - Comm
+1 Clearly his an1 comp as bonuses won’t have come out for an2  Intern in IB-M&A
+1 nah you have it nailed, if you haven’t prepped technicals yet just be honest vs. saying you have (risk getting cooked) and say you have a plan to prep XYZ technicals by XYZ months. Analyst 1 in IB - Gen
+1 Congrats on LSEGodspeed Associate 2 in IB - Cov
+1 crazylifechoicesIB/PE/Big 4? Only prestigious one on the list is Big 4, anyone not pursuing a CPA is just larping as a finance expert. readthe10k
+1 Politics is basically just code for you are so weird / socially awkward that they are worried about putting you in front of a client.  Associate 1 in IB - Cov
+1 You can't change your age. Associate 1 in PE - LBOs
+1 Intern in HF - EquityHedge Associate 2 in ER
+1 Sounds like you better get out the coat hanger IsItREPE
+1 Some people say playing classical music is beneficial while in the womb. Real G's read the WSO interview guide aloud. Hugh Myron
+1 Low internship RO (50-70%), qnt12345
+1 there are firms that specialize in this (i.e cremodels), essentially fractional CRE analyst. Obviously the more control you want, the less it makes sense to go external. propmetrica.com
+1 to add on, biggest moment is when you start actually diving into credit docs, basket calculations etc and structuring deals around them, then when you start diving into more abstract instruments outside of bonds loans revo SSG Credit nerd
+1 If anything it’s more convincing. You have to be a highly convicted individual to be a brown or Asian Jew. thisisanexampleofausername
+1 I saw this late but good luck to you. Baird is an outstanding shop particularly the industrials platform and in hindsight, I wish that I had stayed. equityresearch99
+1 I didn’t get a return offer from a large LO and had to FT recruit. Research Analyst in AM - FI
+1 What's LT again. Like Lead ___? kon2
+1 0%It’s just a way to bail him out because the moron put a bunch of his own money into these deals to try and save them  Fixed rate is for suckers…hang it in the louvre  Rick Kane
+1 Bump Associate 2 in PE - LBOs
+1 ask for the friday move first - firms recruiting people who already have jobs hear this constantly and it won't hurt you. just say you have commitments at your current job you can't move mid-week. LedgerShelf
+1 MiF or MiM? Frankfurt shouldn't be hard to get in. Insead mif no clue, its their first cohort this year. For escp/essec/bocconi professional experience and target bachelor matters more. Intern in IB - Gen
+1 Yes I’m not sure why there would be a bunch of exits at Angelo Gordon given there shouldn’t be any integration and it is TPGs sole credit product. Research Analyst in HF - Other
+1 It's just a matter of idealizing the best finance jobs out there (it's a finance forum), so there is just lots of bias.  GS under Blankfein
+1 Maybe it's not the most probable outcome, but you might as well apply since you're already planning on applying to the other top French schools, especially if you feel like you could get a good GMAT score (or GRE if Intern in IB-M&A
+1 effect android.2og33
+1 Largely depends on the group you get into and the seniors you work with.  Business School in CorpStrat
+1 It's the same with universities too. Then they gaslight and say you weren't smart enough to get in.  Associate 3 in IB - CB
+1 Rick KaneThat’s not a great career  Principal in RE - Comm
+1 In group placement right now and I’ve been calling bankers left and right to guage the best options. I found that the biggest thing for me was culture and whether the call wasn’t just informative but enjoyable. Intern in IB-M&A
+1 Or perhaps it is because Silicon Valley harbors far greater wealth compared to Westchester or Bergen, experiencing higher demand from the wealthy and, consequently, rapidly escalating prices? ronasss23
+1 Long time passed, but i still wanted to answer that. Most rich people in NY (millionaires/billionaires) lives in Manhattan. So what you said is statistically wrong. ronasss23
+1 Solving to 95% LTV floaters on vintage property in a hawkish environment with no rent growth and expanding cap rates. Definitely will be a winner tinyrat
+1 Hey, I did this last week, not heard back. I guess since it's off cycle it may be a bit longer as it's all about desks needs etc. And on the maths test, I'd say it was harder than I expected. ac1010
+1 5% to return all equity. 20% to return some portion of equity is how I would handicap it. larry david
+1 tell me more mahadajap
+1 If they know this, not sure how/why you have any genuine leverage to negotiate here awfulwaffle
+1 Understood and again I've heard these sentiments (cash comp law economics is increasingly and probably only for the better with how top heavy certain whiteshoe law firms are becoming) - banking still leaves optionality on MOICProtection
+1 They are completely different jobs and career paths. There is no objective "better." It all comes down to your interests, your skillset, what you want to do now, and what you eventually want to be doing.  CRE
+1 I actually did an exchange from a foreign country where I earnt my JD a year earlier than others and recruited into my job so im actually 27.5 (about to be 28) so a little far from 32... MOICProtection
+1 Principal in RE - CommRick KaneThat’s not a great career  Rick Kane
+1 Unsure (nor do I personally care) but word of the wise, please don't make your WSO username / picture your personal name and image... WalnutBrain
+1 Northwestern’s ranked 7, and Cornell’s ranked 12, not the other way around. Other comment is crazy for implying Cornell carries more cachet Prospect in Consulting
+1 Tier 2 (Not CVP/EVR) Intern in IB - Gen
+1 Hey little insight from the other side of the pond. apes_together_strong
+1 Northwestern is better Analyst 2 in HF - EquityHedge
+1 Rick KaneIf you get fired to end your career, you failed.  Your career was a giant waste of time.     CRE
+1 Nah it’s easy, map out underlying financials tied to risks and opportunities. Build out waterfall. Structure to maximize returns. Not complicated. jalee70
+1 Are ER teams proactively doing something to stay relevant / survive? GS under Blankfein
+1 This happened in one of my old firms, original founders were retired in place and forced out. But the new guys ended up being worse and caused a 90% drop in the firm's AUM. cp5670
+1 Love to hear it, I know McK was also talking about bumping base a couple of months ago. Any word on when current AC1s will see the bump? Intern in Consulting
+1 That is the worst advice I have ever heard. MM brand on your CV is a stain. Saying this as someone at GS/MS/JPM in London in a EMEA team. Analyst 1 in IB - Cov
+1 thank you Hugh! this is super helpful. I'm sort of stuck in the same as you. I want to provide my kid(s) with opportunities I wasn't, but still keep them grounded  thebrofessor
+1 CRERick Kane Rick Kane
+1 Because you can be of value re: credit docs. I don't know how you'd be of value to a traditional M&A team. Associate 1 in PE - Other
+1 Slim chance. Scott is scrappy and I’ve given him credit for that, but one thing Scott is not is intelligent. I’ve meet the guy and I didn’t leave blown away. I left for miffed anyone ever invested money with him. QueefLatifah69
+1 CRERick Kane Rick Kane
+1 “You briefly consider killing yourself” real shit supwizza43
+1 Why is MM a stain? Curious to know.  Prospect in IB - Gen
+1 this is actually good, metaphors are always great to convey a mindset GS under Blankfein
+1 The main point of this thread was that it should be economically equivalent from the bank's perspective whether the person has equity or not. It makes no sense to only pay out if a candidate actually has compensation. VP in Private Credit
+1 Based on the most insightful WSO discussions, here's how the major hedge fund structures might fare in a super-AI era post-2030: WSO Monkey Bot
+1 Regarding your kids, have them get good at something where they mainly fail until they finally start to get good. A musical instrument. Or learning a language or similar skill that requires endless practice and drilling. auto
+1 Understood, well if thats the case choose whichever school you think you will have more fun at / fit in better at / will maximize your happiness. Associate 3 in CorpDev
+1 Bumping on this - currently in m&a and my friends in cap markets have a much better lifestyle with nearly the same pay. Analyst 1 in IB - Gen
+1 It’s over lil bro  Intern in IB - Gen
+1 Murders & Executions readthe10k
+1 Based on the most helpful WSO content, here's what you need to know about Guggenheim's LA A&D (Aerospace & Defense) team: Focus and Deal Flow: WSO Monkey Bot
+1 Dude luck plays a big part in if you can get into BB or not Analyst 3+ in IB - Cov
+1 Instead of downvoting, you could have just asked AI or Google if i were right, lol. ronasss23
+1 Most of these sectors's growth trends are already factored into their multiples, dont you think? RoseGoldSkelly
+1 in doing ratio math we have something called a numerator, not just denominator. hope this helps Prospect in IB-M&A
+1 take the trip. LedgerShelf
+1 I wouldn’t try to turn DCM into LevFin or pretend you’re doing modeling you aren’t. benjvh
+1 I'd be wondering if he has a McDonalds shift after work Principal in AM - Other
+1 Hey, how realistic are my chances of breaking into AM? qngvo
+1 Price. It's always price. PrivateTechquity 🚀🚀🚀
+1 can you breakdown how you get to 1.8 million saved after 7 years? akxoisjwn
+1 All the markets are terrible. I'm just telling you how to tactically spread your net. For networking, no not really. In UK we don't care about that alumni shit but US people seem to idk.  nutmegger189
+1 the analyst above is right - in london the subject matters far less than the brand and what you do in first year. LedgerShelf
+1 Just say “Like if you want 100,000 a year, reply if you want 1,000,000 dollars right now” crazylifechoices
+1 Price and multiples are larger drivers of returns. Sometimes succesful exits are just cases of multiples going up a lot, not operational success. VP in PE - LBOs
+1 Great team. Most of the guys from the CS FIG breakup ended here. Did a few good deals this year as well Associate 1 in IB - Cov
+1 yes, prospect, i know, all of that was accounted for in my percentages. additionally, go on linkedin and normalize for # of interested students. hh123123123
+1 no comment longandshort
+1 Rick KaneThis guy was so full of himself I hate when people work for someone else and act like they are such a smart real estate professional Veteran RE
+1 The math isn't crazy but... Quaneaser
+1 Associate 2 in IB - GenThx!! Can you share the culture or people in charge? I’m a bit worried on the brand but also understand the trade off on WLB Associate 1 in IB - Cov
+1 Probably can’t compare funds with other finance clubs and morningside > 116th beast_49
+1 lmao yes All the top buckets do this trust me  Associate 1 in IB - Cov
+1 Brother you may as well become an SDR/BDR and at least get paid for being rejected and ignored. Genuinely don't get why people think finance is the only high paying career path today.  Matchabee
+1 Lottomatica, Stryker, Rocket Labs, and Uber all either originated out of Europe and thus all the meaningful work was done by them, and/or had junior teams composed entirely of Europe teams. Analyst 1 in IB - Gen
+1 Lol at 29, thought I would have $1M saved up by now, and i'm a little bit over $500k-600k (granted I did two years of MBA) so... $1.8M seems like a stretch VP in PE - LBOs
+1 "my MD would be able to flag/recommend my CV to the M&A team" Determined
+1 Nah birdhouse890
+1 No points for me yet, but a large % of comp is personal / team's performance. The fund has to be up, so wouldn't call it algorithmic and there is a separate, purely discretionary component as well.    Anonymous Monkey
+1 Didn’t go to a pod, went to one of the large event driven Multi Strats. To caveat points would be after Year 1. Will stay anon but made decision on brand name. Principal in HF - Event
+1 Made too many "challenging" loans haha. They had shedded a lot of originators and underwriters over the past two years so I think this was coming for awhile imo. the_mantis
+1 Interested aaa15