+1 +1 on staying in NJ and cooking. if you're going to eat out, too good to go app is great - you pick up meals from restaurants and bakeries at a steep discount so they avoid food waste. baboon123456
+1 outdated and no longer relevant  Prospect in IB - Cov
+1 Newish to the industry so take my advice with a grain of salt but the most useful CV item is relevant experience, so if you can snag a sell side rates role to start I’d take it. 128473626264828363728
+1 So many questions. First off, how the hell are you a certified Analyst 2? This reads like a college kid question. babalu
+1 Don’t feel alone. There are A LOT of funds in that position. Credit ops / special sits in vintages pre covid ie investment period anywhere 2016-20 did poorly. CovenantHeadroom
+1 True although generic. The issue is that some of the shops you mention eg Anchorage, King Street, Taconic, or Canyon to a lesser extent, never pivoted. They are quasi family offices now ie they operate like one. CovenantHeadroom
+1 Debatable whether LME SteerCo economics really is "alpha" if your post-deal paper trades poorly -- but suppose AI scraping public web info about LME wouldn't have so much data on this lol ajsoqkaks
+1 Yes wear a suit and tie regardless of where you are. You can take it off after the 1st day if it's too formal.  designa888
+1 Thanks for sharing your perspectives so far - is there any view on how comp evolves between secondaries & buyout? asdfg123_
+1 What’s the basis for this perspective? Are you actually a secondaries investor, and have you worked on GP-leds? asdfg123_
+1 As a senior banker i will say great write up but this forum B27B
+1 Lenient on majors, yes but provided you go to a super target Someone doing pure philosophy at like Emory is still fucked senior_associate@goldman_stanley
+1 As the other guy said, the US is lenient in the same way. As long as you go to a top target, study whatever you want. Same applies here. nutmegger189
+1 I know someone who made a big stink about Cabinet Works being able to trade at mid/high 90s after their genius LME…it’s now trading at 76 bid lmao  Works at Harris Williams & Co.
+1 It’s actually insane what our bosses were submitting back then vs now. I found an old IC memo in our firm’s archives that was just a 5 page word document with screenshots from the CIM and FDD report. Associate 2 in PE - LBOs
+1 They wouldn’t schedule interviews for you with an analyst if you were on the waitlist, I think I might’ve inferred the MD call was the interview you had scheduled in my drunken stupor from last night. babalu
+1 At some of the larger legacy PE platforms with built-out secondaries teams (like BX/Apollo), the delta in cash comp can be much narrower (and in some cases roughly the same depending on platform and fund size) compared to Associate 1 in PE - Other
+1 Overall, Goethe is a good university and, within Germany, it plays in the same league as the other well-regarded public universities for business, such as LMU, TUM, Cologne and Münster. Analyst 2 in IB-M&A
+1 Industry is turning into juniors sending around AI slop with no idea what it means. Very sad. Associate 3 in PE - LBOs
+1 Your description fits the various Ringstrasse hotels really well. They sit on the edge of the historic city centre and are all housed in grand old buildings. Frankfurt Monkey
+1 After a few years of trading you get that existential crisis where you realize you're just an adult drawing patterns on the chart that are wrong 40% of the time... Thomas_Zito
+1 Seems like the  team removed my  because it mentioned another course besides WSO. helpful elephant
+1 its a tie, it's not dumbell. can pack it away in ur bag or suit jacket Analyst 1 in IB - Gen
+1 I kept hearing story of entrepreneurship in RE, is it because its ticket size is smaller than even LMM buyout? But on the other hand, in the RE forum of WSO, I heard many wailings and people quiting RE. BesoinMi
+1 helpful elephant: mbalore postmba
+1 I have noticed that BCG has jumped more into AI/tech strategy. Friend of mine in big pharma has been at their offices before for collaboration. Business School in CorpStrat
+1 Are you at a traditional PE fund or AI holding co/rollup?  Associate 1 in PE - LBOs
+1 Just be good at using basic PPT and XLS. Once that is done, be able to do a three-statement LBO, and understand every part conceptually. The rest you will largely learn on the job if you are smart and hard-working. VP in PE - LBOs
+1 Real Estate hasn't even been working as an inflation hedge in some sectors (ex - multifamily real rent growth has been flat/negative over the past year or two). Analyst 1 in RE - Comm
+1 . bonus.banker
+1 . bonus.banker
+1 . bonus.banker
+1 B27B Managing Director in IB-M&A
+1 You haven't heard back regarding RO or you've been told explicitly no RO? It's not clear, sorry for asking. If the former, you can say you are waiting on headcount but if latter, you will need to be upfront.  Prospect in IB - Gen
+1 I tend to agree with you that it’s overvalued but I think the true intrinsic value is zero. QueefLatifah69
+1 Is this for the 2027 summer analyst? futureanalyst4353
+1 There is some helpful portions of the program, such as the office hours, mock interviews, and prep materials, but not remotely worth the price. Analyst 1 in IB - Gen
+1 They once brought in a senior HR lead to fix the culture, and that person didn’t even make it six months IBmonkey2002
+1 It's a good point. Hard to tell who will win today PatrickMahomesTD
+1 One thing to think about is how your cash comp will scale with subsequent rounds (Series A vs. Series D). The best startups tend to increase comp. PatrickMahomesTD
+1 I have seen people jump into with that intention but end up staying in startup/tech companies. Also, I assume you have done 2+2 so if you aren't getting looks from VCs/Growth could apply to MBA too as a backup. PatrickMahomesTD
+1 Just keep in mind this is a numbers game so a 5-10% response rate would already be very good Partner in IB - Gen
+1 Park Hyatt and Rosewood are the two best hotels in town. I’m particularly fond of the former on Amhof. The Ritz is also great but maybe less atmosphere. Never stayed at the Sacher. mergersandacquisitions78
+1 If the AI "bubble" pops, we will be sent into a deep recession and life will not go "back to normal". Hardo Intern
+1 My interview experience sucked. First time I interviewed I was ghosted. Fine. Then they reached out to me 2 years later to interview again. I mentioned I interviewed previously. Associate 1 in IB - Cov
+1 Lmao the person writing this is a misandrist we can tell  Intern in IB - Gen
+1 MiM Isn't normal, but not unusual if that's what you're asking Brand - Oxbridge, Degree - MiM I would select the LBS (or LSE) Master's in Management, as it provides the most d AceTheSolve
+1 Oof tough spot. Is this a completely new PM..?  Investment Analyst in HF - Other
+1 Idk if your model output is internal / client-facing or what, but if someone senior to me got wind of trusting Claude completely with a deliverable I would be shit on. goldmanornothing
+1 Don’t take the call. Just relay your timeline over email. The screener is evaluative, so it’s better to wait until you know what you’re looking for and actually going to be in market. SaaSChimp
+1 Really depends on the PM, but a few things most will focus on, please feel free to add as this is not meant to be an exhaustive list : Intern in S&T - Other
+1 At the first yr analyst level, historically no difference group to group. Citi’s bonus structure pays well for top performers and below street for average performers. Analyst 1 in IB - Cov
+1 Ecm and structured equity (bank combined a bunch of larger groups that bigger banks typically would separate since). 8-6/7 and log on later as needed. klaus von stroke
+1 Yes for the memo no for underwriting. Underwriting includes interpreting portfolio fit and alignment with mandate not only evaluating deals on a standalone basis. Director in AM - FI
+1 No Analyst 1 in IB - Restr
+1 Ok broski so you decided to waste time with this thread for advice even after you’ve spoken to cPuNtLeSs PmS (or maybe you mean prostate massages) for what purpose exactly? but again ok good luck to you. Investment Analyst in HF - EquityHedge
+1 Intern here, but would say stay until you lose your interest for the job (among other considerations). Intern in IB-M&A
+1 Running an advisory boutique is no different than any other business. Capital allocation is the singly biggest differentiator between good and bad businesses. Managing Director in IB-M&A
+1 Shipping finance is the funding behind the shipping industry — the loans, leases, bonds, equity, and other capital structures used to buy, build, or operate vessels. chandrama
+1 Director in AM - FI Associate 2 in PE - LBOs
+1 No one cares lol Ken Moelis's illegitimate son
+1 Where is the EM currently in terms of base? S.L.
+1 Partners are more reasonable as returns compress. They are focused on fighting the fed. It will get better. VP in PE - LBOs
+1 You can just decline being a reference its not that deep man Principal in HF - Event
+1 er_beastAI isn’t a tool.  AI is a tool. Similar to you for swallowing the propaganda in that way.  IsItREPE
+1 It’s all about leveraging your junior resources. SaaSChimp
+1 Sounds like you've OD'd on the lesswrong pill larry david
+1 Took this approach and got fired  Analyst 2 in IB - Gen
+1 Unless you're pretty confident you want to be in finance, I'd take McKinsey. Even then, I think McKinsey has enough cache to get you places in finance. Lester Freamon
+1 Do certificates for your own knowledge base, not your resume. Having a certificate from a random website in random skill is not going to make or break you getting hired or finding career success. CRE
+1 Spot on. Only wrinkle is that he’s currently dating a 4 and sees this as a shot to getting back to dating a 6. Principal in PE - LBOs
+1 I had tons of success doing this earlier in my career. This trick is to make it short and punchy. Not a 20 page deck that seems like your recycling a case study for a different process. Principal in PE - LBOs
+1 Tier 1a. PJTTier 1b. EVR, HLTier 2. MOE, CVP, LAZTier 3. GUGG, Ducera, PWPTier 4. ROTH, GHL, JEF, PSCTier 5. GLC, Stifel, Baird, rest Analyst 1 in IB - Gen
+1 As many of you know, AI doomers love to talk about the Turing Test: AI has passed the Turing Test when its output is indistinguisable from that of a human. Dr. Rahma Dikhinmahas
+1 Clients in Florida/Texas/California, can 100% confirm that even multi with rent up, the NOI is down.  Works at CBRE Global Investors
+1 Well we can agree to disagree on this. There is a huge difference between missing a JV soccer game and stepping out of your own wedding to take a call. B27B
+1 My shop uses a fund model, and the current fund is a few hundred MMs. Yes, we use back leverage.  Associate 2 in RE - Comm
+1 Bump Analyst 1 in IB - Gen
+1 sappy IsItREPE
+1 Our entire retail and industrial portfolio. Select multi properties outside of the sunbelt Assist. VP in RE - Comm
+1 I’d agree with this tier list ( linked) : [2026] RX Tier List / Rankings Director in IB - Restr
+1 Appreciate it. Makes sense, wasn't sure if there had been structural changes last couple of years (as I know other BBs have had)This info helps though thank you! Summer Associate in IB - Gen
+1 Analyst 1 in IB-M&AHow worried are you guys about getting laid off? Never truly felt at risk in 10+ years, until recent TheFranch7se
+1 bump Prospect in PE - LBOs
+1 yes, you’re basically a pledge. notyourcupoftea
+1 path dependency is real. stop playing for optionality / theta to decide what you like. certain brands and industry coverages work better if you want to go elsewhere. iMamba
+1 This. Principal in PE - LBOs
+1 Do it, left to startup after 1.5yrs, IB not worth it at all. Go live your life and take some real equity risk now whilst you have time on your side investmentwanker123
+1 It’s going to be tough but not impossible. Get a job at sell side and try to pivot that. I’ve seen it done by a guy in his 40s who moved to buy side single manager after sell side sick_willy
+1 I remember two kids in my analyst class left i) Left for a SM HF (not sure how they swung that) and seemingly is still in the same firm 6-7 years later so must be doing pretty good for themselves ii) Left for a startup tha VP in PE - LBOs
+1 OzymandiaIf you are Risk averse then real estate is a horrible industry to be in.  There are plenty of much safer ways to make money Rick Kane
+1 Pods, quant, some privates still net growing. Not distress or activism or even SM fundamental — net losers of late. There’s always exceptions to the rule so take with a pinch of salt. iMamba
+1 Great story but what banker wakes up at 6:47am? Thats seems like hell burner18363737728
+1 UChicago ojapar20
+1 Remember that EVR uses the GS title model. The VP band includes people who were just promoted to VP and those who are making MD next year. ravena
+1 How did it go? Any color on process? Analyst 1 in IB - Gen
+1 Honestly, 0/16 is way too small a sample to conclude anything. Cold email is a volume + targeting game, and the fact that you’ve already gotten 4 calls means the machine works. Chimp Dreams
+1 Bro became CEO, bought the bank, hit $40bn and still logged on at 6:47. At some point you gotta realize the problem isn’t the job. Chimp Dreams
+1 Think a lot of people view PE very idealistically. Think at your stage of life, trying to land an IB associate role is your top shot, settling for analyst if necessary. That’s not necessarily a bad thing. asdf1248
+1 "FERPA enables the confidentiality of student education records by legally prohibiting schools from disclosing personally identifiable information without written consent. Singlebysunday