Highest Ranked Comments In The Last Year

+1 Yes Carry is a function of your fund type and structure, and less about the asset class. That’s why you have carry in a MF but not at a bank doing the exact same job packet
+1 This isn’t a buzzfeed quiz, if anyone tries to honestly give you an answer on whether this career is a fit for you based on your post - they’re not serious people. Analyst 2 in HF - EquityHedge
+1 NewIndustryHorizonIf it's a warm, Southern type of city - Miata convertible. If it's a place with harsh winters, a 4 wheeler. or this  Isaiah_53_5 💎🙌💎🙌💎
+1 NU is very underrated. They have been placing well recently and have a lot of smart kids. Sure UVA may produce higher volume but it also has a few multiples more of kids. Evanston isn't all that bad. Any 2 IB - Cov.
+1 Does anyone know about return offer rates for corporate banking SAs at JPM/Citi/BofA/Wells? Prospect in CB
+1 No one actually cares if you’re product or coverage. It would look worse to me as an interviewer if you hopped around. Demonstrates lack of commitment. asdf1248
+1 PE model tests ain't that hard dude, very doable and gets done every year. Just study and do modelling tests. If you are in a M&A group, you still have to study. Analyst 1 in IB - Gen
+1 Huge demand for distressed if you can get it, heard consistently from former interns/current analysts. jean34
+1 What about investment roles not as intensive / competitive as PE? (SWF, FoF, Family Office) Analyst 1 in IB-M&A
+1 I bought a “copy” on Amazon when I was a broke A1 as it was only 20-30.  I think the original one is around $100, not sure if there’s any real difference. Associate 1 in PE - LBOs
+1 I just stuck around the hoop and when one of the VPs was let go for performance I was next man up. Hope to do well and hang around the get a bigger carry allocation next fund lol  VP in PE - LBOs
+1 definitely competitive for all schools. Got offers for all the schools you mentioned with similar profile. ukgrad
+1 Honestly looks like another one of those fake first year internships I’d be very careful and honestly you’d probably not get any of the experience you’re looking for Intern in IB-M&A
+1 I appreciate the helpful response. I agree it shouldn’t be too difficult, just about finding the right place. I just can’t tell based on your response (and maybe you’re not sure) if HPS would be that place. Incoming Analyst in IB-M&A
+1 Been some improvements recently, but realistically it’s just typical banking hours. An1 you’ll get like 150, An2 like 190-200. Internship is chill, analyst group is very tight knit. Broker in IB - Cov
+1 The banner thing is so true ahaha. Reminds me of Caprae Capital. Prospect in IB - Restr
+1 Ignore everyone above, don't supplementmax as that can only end badly long term. VP in IB - Cov
+1 Why does data centres fall under TMT? shouldn't it fall under Infrastructure, power, utility teams if its such a asset-heavy business model and is literally infrastructure? Prospect in IB-M&A
+1 Agreed, wouldn’t trust a TMT banker to run a infrastructure DCF if my life depended on it  Analyst 2 in IB - Cov
+1 Congrats on Debt Capital Markets! Intern in IB-M&A
+1 Absolutely - there is just sort of a way to work up the line. Talking to Juniors who put you into contact with seniors, who then get you to analysts.  Summer Associate in IB - Gen
+1 In the exact same boat… Associate 1 in PE - LBOs
+1 Sadly not, but I don't understand how you can even get one as a first year, I tried for some off cycles but I think they're largely for masters students.  djones2
+1 Left finance for corporate to have to free time on the side to start a business. ImagineSisyphusHappy
+1 Mostly guessing here, but ya a mix. Potentially from networking but would have to be outbound / active on your end. Headhunters and LinkedIn postings are rare and almost have to seek those out with consistency. Enlightenment
+1 MM IB to Strategy at a fast growing single-brand CPG. My entrepreneurial venture has to do with a massive international sport coming to the US (IYKYK) 🎾 ImagineSisyphusHappy
+1 Pierogi EquitiesWhich of the 3 do you have? CRE
+1 You do realize that after 1-2 M&A processes it all gets very repetitive, right? Analyst 1 in IB - Cov
+1 obviously go to northwestern by a mile slowfriday1
+1 . Analyst 1 in IB - Gen
+1 Agree with the above comment. Being an LP is paradise. See: Associate 1 in AM - Other
+1 That's true - i'm probably not the guy to seek institutional-lvl guidance on equity strategics (fundamental or quant). But i'll try to answer his question, based on my own understanding. Analyst 2 in IB - Cov
+1 Ha. it's a great job if you like incorporating non value-add comments, sending out some BS diligence trackers at 2am, and sitting through working capital adjustment calls for a number that will be trued up in 3 months! Analyst 2 in IB - Cov
+1 it makes absolutely no sense imo.  antirez
+1 Very much split. Different culture, quality of people, level of execution, etc. When we work with Numis it seems more like they are another advisor than the same bank Intern in IB - Cov
+1 Which are the strong teams in London and which to avoid?  Analyst 1 in IB-M&A
+1 Truist? Prospect in IB - Cov
+1 I just don't want to develop a reputation as someone who will never close or make an offer. Analyst 1 in RE - Comm
+1 Americans don't walk. Look at our waistlines. Definitely don't take public transportation either, if it even goes where you need to.  We're the wealthiest third world country there is.  CRE
+1 What are the perks and benefits at AGC like? I.e. dinner, firm outings, uber, travel, etc?  Analyst 2 in IB - Gen
+1 Bump Incoming Analyst in IB-M&A
+1 90 at a MM BB Assistant in Legal
+1 Scotia is obv is well below Jeff, GS and EVR in Houston lmao, quite honestly not in the same conversation. Associate 3 in PE - LBOs
+1 Second that. They're not bad (persay) in Houston but it's so much weaker than Jeff/GS/EVR that they're not comparable. Scotia has to scramble to get ~2 deals /yr out of that office vs. Analyst 1 in IB - Cov
+1 Houston P&U group is very strong, obviously not on the same level as the above names, but would be a strong offer to get. They have a rainmaker MD and extremely competent up and coming young MD and Director bankers. watchworshiper
+1 Awesome post! Would recommend starting to network on your summer before sophomore year. Analyst 1 in IB - Gen
+1 Was expecting AI slop - super helpful guide! Associate 2 in IB - Cov
+1 Recruited and got an offer from nyc MM for summer 27, post is mostly good except for the timelines, some interviews were as early as late December/early January. Analyst 1 in IB-M&A
+1 Started my career in valuations and made the jump. Know a solid amount of other people who did the same thing. Definitely need to network + be a bit lucky, but doable. Can’t speak to the other careers. Associate Consultant in Consulting
+1 Some absolutely hilarious comments in here ha Manager in CorpDev
+1 Thanks so much for the explanation! Sorry your earlier comment scared me a ton  Prospect in IB - Gen
+1 The dec offers were for texas, i don't konw why they're so fast. Earliest interview for non-texas was first week jan and offer same week. reddemon
+1 Is the SL comment right? They own nearly 50M shares of Dell (check their 13F if you don’t believe me), and Dell is up 250% in the last 6 months. $300/share run up implies $15B in profits dollars created in 6 months… stinkbug
+1 100%, PEs been great. Solid culture at my firm, good returns, hours have been so much better than banking  VP in PE - LBOs
+1 That IR team be like Game 5 Brunson helpiamstuck123
+1 Keep in mind it’s MUCH easier hiring internationals in London than NYC. Managing Director in IB-M&A
+1 Latest mark pension funds have are Q4 2025, so my comment wouldn’t take that into account, fair point. Associate 2 in PE - LBOs
+1 sure! ukgrad
+1 Look at the people working there. Entire LinkedIn gives desperate loser energy. Should be no surprise its shady af. Investment Analyst in PE - LBOs
+1 I’ve heard they give max a week on an exploding offer Summer Associate in IB - Cov
+1 Doubt it. Lazard has sufficient creds to back their expertise  What is probably happening is that out of the $150m, CVP will pay select individuals a “consulting fee” of $5m newcourt
+1 This is true but the team/group you’re in can still affect whether you’re getting a 85% bonus or 100% plus. Your performance review also matters. VP in RE - Comm
+1 They ask for your banking login too? chimpychimper
+1 You recruit for internships sophomore year. You will not reveive any benefits from transferring if you transfer after sophomore year. Incoming Analyst in IB - Cov
+1 They give 'insufferable real estate broker' vibes lol Investment Analyst in PE - LBOs
+1 Bump for London!  Analyst 1 in IB-M&A
+1 Def not a „weak semi Target“ buddy Broker in IB - Cov
+1 Please go to Northwestern californiakid2003
+1 No promotion means you're getting fired broski Research Analyst in ER
+1 Best advice is coast till they fire you and recruit as hard as you can. It’ll take a few months to build a case - by that time you need to be gone. Associate 2 in Private Credit
+1 Agree it is goddamn tough alexthomass
+1 hc has way too many sas I don’t see many returns being handed out Intern in IB - Gen
+1 anything above a typewriter is overkill, kids these days are too softened. that is what we used when we merged the Nash-Kelvinator Corporation with the Hudson Motor Company nooneinparticular
+1 FIG is a sweatshop  Analyst 2 in IB - Cov
+1 I’m curious about these roles, I feel lol like they’re very rarely discussed here maroon
+1 Simplest answer in the world - lateral to a bigger bank, known for a better culture, but do your diligence through coffee chats. rolo25
+1 For HFs, bridgewater is brutal. Source: my psychiatrist has multiple clients working there. They’re all super depressed. The radical transparency stuff and rating people after meetings are the main issues  CuriousGeorge1024
+1 Any law firms you would recommend?  Assuming you are working on TN, have you noticed increased scrutiny everytime you enter US after international travel?  Analyst 1 in IB - Cov
+1 i would say very few funds in general over $3b are charging 2% fees anymore. I'd say 1.65-1.85 is far more common.  VP in PE - Other
+1 Those are two separate points. I’ve done well. Am I doing well now? Lol no.  IsItREPE
+1 If ur on smth live yeah you might work on Sunday, culture is pretty chill otherwise. Ur not getting grinded to death on pitches unless ur in M&A or M&T / another equally shit group Intern in IB - Gen
+1 Nah my friends who did lacrosse  at prep school than hypsm did no clubs and landed everything. So chill keep the sport and shit don’t do no clubs.  Analyst 1 in IB-M&A
+1 In the exact same boat as you. Working at WF/JPM doing balance sheet lending and I'm ready to blow my brains out each day. Associate 3 in RE - Comm
+1 Appreciate the insight. I’m at a lower level ivy not hyp, so would u say still the same affect? Summer Associate in IB - Gen
+1 Congrats on lead left! Oh wait  Analyst 2 in IB - Gen
+1 That’s such a tiny fee, and UBS bankers didn’t do much on it with MS and GS doing the real work: Having AI make up a TAM so high retail fell for it Prospect in IB - Cov
+1 Thanks for the heads up. Acidnide
+1 any intel on comp? Enough to justify?  Acidnide
+1 Choose life Prospect in IB - Cov
+1 Is the new company also a bank? I would at least take the first interview so you can get a firmer feel for the job, but if it isn’t what you want, bow out of the process then. CRE Credit
+1 Any learnings / cautions you could share with us from your experience of the ETA route? Anything you wished you knew earlier? Analyst 1 in IB-M&A
+1 Have you had the conversation with your seniors on what you want? That would be my first step if you like the team and could see yourself wanting to stay there. CRE Credit
+1 Definitely possible. Plenty of analysts recruit from Boston and end up in NYC PE. The bigger factor is usually deal experience, headhunter process, and firm brand rather than the city itself. rogershe
+1 PJT and PWP really need to merge at this point. jasp88
+1 You have no idea how demoralizing it is hearing that. I left my first job thinking equity research would compliment my first experience well. Now it seems like it was my first major regret in my career. spudrmonke
+1 80+ monkeylovesbanking222555
+1 Congratulations 🥳 benibaraka
+1 Disagree with the first comment, springs are already difficult to come by especially at BB/EBs, even if you didn't convert, it's how you frame them on the CV. wattambor
+1 wallstrett
+1 No carry below md level. Includes 40% regular bonus, 20% bonus that gets paid out over the following 3 years.  Works at Hines Interests Limited Partnership