+1 Recent FT article:Software buyout deals collapse to lowest level since pandemic after AI rout The_Fisher_Account
+1 For the love of god, do not let your enlisted recruiter swindle you into enlisting in the hopes of later commissioning through STA-21. It is one of the oldest "false hope" recruiting tricks in the book. SSN-Veteran
+1 I'm interested. I raise an offer of three pence. Mergerz
+1 Haha, not even true though, unfortunately. rolo25
+1 most def evr Incoming Analyst in IB - Cov
+1 Had r1 couple weeks ago, haven’t heard back. Assuming I got cut dingus43521
+1 Welcome, Mohd Sadid! It’s great to see your enthusiasm for connecting and learning with others. WSO Monkey Bot
+1 The key is to never say the words “aura” or “-maxxing” again.  IsItREPE
+1 You thought the US was going to make the final?  ...really?  CRE
+1 Hand an incompetent person a lot of money and give them access to lots of leverage. Easy. Ozymandia
+1 only if it is LibLabCon Uniparty.Greens/Restore/Reform would make you seem an unserious person.Homage to D. Cummings anonf0fty
+1 Just say major UK political party - as you say still useful exp ChrisMoltisanti11
+1 Nothing worse than simps on here defending modern day women….the bias across banks exists, we all know it, women do a LOT less and get paid the same or more  Analyst 2 in IB - Gen
+1 just network a bunch. i also went to LAC with basically no real target status and also had no prior finance experience. leonard_fournette
+1 People were just saying some of the most sexist and racist shit known to man  Analyst 1 in IB-M&A
+1 All these EB glazers… Intern in IB-M&A
+1 Laz RX and GS are likely the best for exits. GS has an IND, FIG, and CMG group in Chicago with a strong number of senior people, but seats are limited. All GS groups exit well (MF/UMM) across NYC & Chicago. Intern in IB-M&A
+1 I heard even their own Barclays golden boy left Analyst 2 in IB - Gen
+1 Smoke an occasional heater in the office. MonopolyMoney
+1 I know several MM/LMM funds that haven't done a deal since 2024. It's been bad for more than a few months lol. That's not to say I think the rerate and sentiment is warranted, I do think it's overblown. PrivateTechquity 🚀🚀🚀
+1 Smaller boutiques: Dyal AN1 $300KAEC Advisors $260KTidal Partners $220KArdea Partners $235K Associate 1 in IB-M&A
+1 Signs of founders that do not care about building an enduring firm or the well being of their juniors.  Analyst 1 in IB - Gen
+1 Did PE for 2 years in a MF and went back to Banking, all of the points you mentioned resonated with me and I felt it just wasn't worth it anymore VP in IB - Cov
+1 He’s not losing the equity he puts in if he leaves. He’ll just have to start paying fees / carry as the other LPs do Associate 3 in PE - LBOs
+1 +1 on Gold Coast. Was both asked about a peer (actually someone slightly senior to me) at my firm while I was in an active process with them, and they casually mentioned that they asked a past leaver about me  Associate 1 in PE - LBOs
+1 80% Average arthistorymusicgym
+1 thebrofessor IcedxTaro
+1 Not the best time given all the intern coffee chatting, but not a bad time either because it’s not SA recruiting season. zhanikov
+1 Was walking through the Presidio last weekend and that office was packed…. LBOBaboon
+1 Sorry but going to have to hard disagree here. People aren't working at Bain Cap because they couldn't get a NYC offer, they're working there because it's Bain Cap. Associate 1 in PE - LBOs
+1 Lol, no Amazon Prime
+1 Honest advice? Forget the "4 Cs" hype for a second. Find a vintage or antique ring they have character, better craftsmanship, and cost less than new bling. Or better yet, use a family stone if you have one. dean787
+1 I waited about that long. Honestly, there's no definitive time. You can look up on this forum and also in my experience it's all over the place. Investment Analyst in HF - EquityHedge
+1 Respectfully wtf are you talking about little bro  Associate 1 in PE - LBOs
+1 depends on your grade and stats but probobly low. Lot of international/ j1 kids here and banks will turn them away after this whole H1B thing.  Tiakola_1
+1 Not sure, I am not diversity so I did not go through those programs or have knowledge of anyI went with everything that I found interesting, but when there was one with Canadian alumni, I did reach out arthistorymusicgym
+1 Makes sense strategically, especially because of how strong the JPM commercial bank is. GS, BAML, WF all seem to be trying to do more of these small deals, especially in my sector (C&R). Managing Director in IB-M&A
+1 Does anyone here know what best practices would be for someone who wants to come back into the allocator space? spudrmonke
+1 Why even do a masters in that if your end goal is American IB? I see it only really being "useful" in consulting from that list, otherwise you'll be banking purely on uni brand.  rpdwldn
+1 My freshman summer I interned at a firm with someone in his sophomore summer who said he had locked down an evercore offer for the following summer. I said I didnt know what that was. Research Analyst in AM - FI
+1 The Krusty Krab I heard just opened up as a boutique too. MD- Mr Krabs is a great guy Prospect in IB - Gen
+1  thread also got sweeped lmao. i think its like the same two people leaving insane racist comments wangmi
+1 Anyone got their actual first round interview yet? bdhxhhdhd
+1 My firm has a lot of IT governance blocking it off. But I use it heavily for drafting / proofing emails and for reviewing memos/presentations. Principal in PE - LBOs
+1 growth equity/pe vs commodities is not even slightly the same... the right way to think of it is.. how do the first 5 years in both look like and do you want to do either... monty09
+1 Distress in particular preselects for a particularly motley crew. The culture at almost every distress shop is TERRIBLE and TOXIC. Apollo, HIG, Goldentree, Platinum, Strategic Value Partners, Cerberus, etc… Principal in PE - LBOs
+1 Yes, they hired a former staffer from Lazard's PEI group. Not surprised that the group has gotten sweatier as a result. Analyst 2 in IB - Cov
+1 The worth you put on pedigree depends on the social circles you are surrounded by. The “oh you went to HYP? What year?” Or “what years you were at MS/JPM do you know xyz” definitely comes as you get past 30. Leverage Hero
+1 You are a joke. You can call the JEFF Houston team bad because they're too sweaty, or say the analysts are overly hardcore, but deal flow? Tell me one bank that touches more deals than they do. Associate 1 in PE - Other
+1 Yeah balance sheet lending. First I'm going to try and lateral to our capital markets team but if that's not possible then I'd target an originations/underwriting role at a private lender. Associate 2 in RE - Comm
+1 Prestige in finance jobs died down a bit as salaries are not as disproportionately high as they used to be (if you account for inflation), and there are more paths and more opportunities out there these days compared to sa wificactus
+1 I agree with the comment above about Jefferies. SMU Final Boss
+1 I know Texas banks sometimes hire Tulane kids SMU Final Boss
+1 Think about this from a founders perspective - what percentage will value a dedicated sector-focused deal team at a true MM versus a global BB conglomerate that will slap together a process? KageSelly
+1 Carry worth $0 (IMO). Left to do something other than pretend we are going to hit hurdle rate. Less hours and more $… good times after bad times. VP in PE - LBOs
+1 It’s true the days can be that long. The funny part is that everyone is working on made up work. Works at Barclays
+1 Investing with a maybe little operating / PM. Less structured than UMM teams which is very nice. VP in PE - LBOs
+1 bump andrewwu4
+1 bump andrewwu4
+1 S&T from Warwick MORSE is totaly realistic, I got in from Bristol maths. QT and stuff I just all down to getting fantastic grades to get an interview then grinding the practise questions. leefbmp
+1 It’s a moment where a lot of  priv companies are trading at nothing given uncertainty which can create a big buying opportunity. To another user’s point above, a few firms e.g. andrew32
+1 bump andrewwu4
+1 Might be wraps for ya pal Analyst 1 in IB - Cov
+1 No worries Charles. I appreciate the transparency. user63738283
+1 You can afford a $300/yr credit card without thinking if you are working in large cap PE boss.and the points will pay for itself quickly if you eat out a lot and buy groceries. Associate 3 in PE - LBOs
+1 Same thing applies for things like grad school too. Had a friend who lied about his work experience to Stanford, Harvard, etc on his application. flakeyassfriends
+1 I’m not sure if even becoming comfortably wealthy through private equity or investment banking is as achievable as it once was, unless you’re a top-performing Managing Director at an elite boutique. flakeyassfriends
+1 40% of our exits have been in software. We started to hear the market was shifting from valuating these companies from a multiple of ARR to a multiple of EBITDA. TheDoD
+1 The issue with your logic is that the multi-million PE outcome assumes successful funds & carry payouts, which is not necessarily going to happen in the next 10-15 years as the industry continues to mature, returns com Associate 1 in PE - LBOs
+1 God you are a loser 😂 IsItREPE
+1 Hard to give advice early other than get into the best school you can and make sure you enjoy what you want to get into Prospect in Consulting
+1 If you are losing a job to an H1-B in front office finance it’s because they are superior. 1/2 the job in IB and PE is looking the part, like you can’t tell me some Indian guy fits in better at any banking group. Analyst 3+ in IB - Cov
+1 Relax man. Anyone who’s taking the time to review your summer project and give you comments wants to help you. One of the things you learn early on in banking is that comments don’t = failure. ronartest552
+1 No because vast majority of those companies are either scams, frauds, or real products that will have their functionality be done by a LLM in the next 6-12 months. Associate 2 in PE - LBOs
+1 If it’s airtight send it, if not don’t. An additional idea shows drive, motivation & creativity. Everything a PM wants to see. Telemachus
+1 Who knew that a decade of artificially ultra-low interest rates courtesy of endless money printing would lead banks to overhire and then be left with plenty of white elephants! Analyst 2 in PE - Other
+1 I’m sorry to hear about your career challenges. Did you do your MBA direct from undergrad? Is it a T15 program? Telemachus
+1 Donbas GS under Blankfein
+1 Jesus Christ dude nutmegger189
+1 FSG Coverage (relationship management) is paradise. Life on easy mode Analyst 3+ in IB - Cov
+1 The same as the point of all universities everywhere. To rent seek and/or as an socioeconomic signal to employers. nutmegger189
+1 I’d say half of bonus is reasonable  Intern in IB - Cov
+1 do you really have a geometry dash pfp? yeah, you might be autistic  GS under Blankfein
+1 Past performance is not indicative of future results. They will still benefit from their reputation and be able to invest in businesses others are not able to because of their history. Associate 2 in PE - LBOs
+1 Literally just standard legal lingo b/c you’re an hourly employee credev99
+1 Thanks for the guidance! Just 2 follow-ups if you don't mind:  sgdsuy
+1 Thanks a lot, that makes sense! One last question: how would you advise me on strategising for landing a summer associate internship next year at a strong REPE firm in NYC? sgdsuy
+1 Yeah but you're not thinking ahead, how are you going to explain not being in Ivey when you actually do the internship and when you're FT? Analyst 1 in PE - Other
+1 Jesus saves, Moses invests VP in IB - Cov
+1 TZ is that you 😂 Prospect in IB-M&A
+1 Kpmg is not T2 Analyst 1 in Consulting
+1 Harder on buyside, but for sell side just look at proxy and see who got paid how much  Teller in IB - Cov
+1 KPMG is considered Big 4, not Tier 2. Business School in CorpStrat
+1 ubs M&A is paradise  Associate 1 in IB - Cov
+1 arthistorymusicgym ProspectiveChimp
+1 Reality is people just care you are doing a good job and actually taking on real tasks. No one is giving you a return offer over being last in office. Associate 1 in IB - Gen
+1 I know most recruit through Cornell. Now if you dont have the time commitment or have already graduated, Cornell does a watered down summer program I believe. teddythebear
+1 Uh, problem is that you're just gonna get filtered out. These days I think almost every student I see entering IB has PE internships and such. usernameladiesman217
+1 Don’t do it girl - not worth it and if it doesn’t work you might resent your fiance nothinglol
+1 This is an IB target school ranking, not a college prestige ranking. MIT is certainly Tier 1 if you're talking about the quality of education and its highly competitive admissions standards. Associate 1 in PE - Other