+6 Definitely not Fund I investors... blueoceanwave
+6 Meanwhile, my PE firm would have you get pulled into an office if you didn't use AI for IC memos. Firms that don't embrace some kind of on-prem AI solution is losing so much productivity.  Associate 2 in PE - LBOs
+6 Lol studying Modigliani and Miller for 3 extra years in a classroom in Bocconi is not a signal someone is brighter or more driven. Analyst 1 in IB-M&A
+6 And one final touch, if you're educated enough, you'd realise it'd be stupid if you bring out the Acceptance rate on the internet. The assessment nature in both countries are world's different. brtfedd1312
+6 If you can’t spell the name of the exam, probably not worth it shiranui
+6 Anybody else here with experience or anecdotes of associate exits? Sort of stuck in a flattening career spiral. Associate 1 in IB-M&A
+6 I respect his hustle but his LinkedIn posts are insane lol he spams so much and every post reads something like "if you are SLEEPING more than 3 HOURS a night you will NOT make it, the Tiger analysts (that I know because I Associate 2 in PE - LBOs
+6 Congratulations on the new role!  Investment Analyst in AM - Equities
+6 Isn’t there an aphorism that good (senior) coders focus on data structures, whereas bad (junior) coders focus on syntax? Burke
+6 Find it fascinating that most people have not come to this realization before. Your chances of making partner or life changing carry at an UMM fund were not great in 2016-19 either.  CEO in PE - Other
+6 I think in EMEA you’ve got lots of buy&builds that sponsors mark at 15x but are probably only worth 10-12x. Integrations/synergies often difficult along with regulatory and in some cases reputational risk. Associate 2 in HF - Event
+6 I can't speak to return offer rates across the street, but I've generally seen standard return rates at my firm (70 - 100% depending on the year). Associate 1 in IB - Gen
+6 4 days a week is pretty good, so obviously sat and sunday, and that just leaves 2 out of 5 weekdays where you need to find time to go. Usually finish work at a reasonable time at least two days of the week.  Willerspillers
+6 Go to rbc FIG and you’ll love it trust me BananaEatingChimp
+6 . youngbanga
+6 The consequences of merit-based hiring have been a disaster for banking Analyst 2 in PE - LBOs
+6 I'm going to assume you're an incoming freshman? Just because clubs don't (or at least didn't) recruit at the end of the year usually. throwaway29245
+6 God help us all LoganRoy69
+6 GeneralMDo you have a prompt you've been using for the cases you could share? Thanks in advance :) Drizzle-Maker
+6 The "Uncle Bob" analogy is spot on. It’s wild how people will stay in toxic situations, whether it’s a job or a relationship, and just keep posting the play-by-play updates on here instead of walking away. dean787
+6 Honestly, the logic that "more pitchbooks = more deals" only works if the MDs are out there selling, not just watching juniors align logos in a cubicle.  dean787
+6 At a MF, we have a portco we’ve been holding for close to 8 years. VP in PE - LBOs
+6 I own a small consultancy. Monetizing small consultancies is hard. devildog2067
+6 Guys, we’re not gonna go under because we haven’t done a deal. We’ve done enough the past two years. And there’s no committed capital burning a hole in our pocket. How do I know? Ozymandia
+6 this is a bot… based on your post and this response you first need to stop phasing everything you think through chatgpt and speak to someone who’s transferred and recruited afterwards. [email protected]
+6 Choosing the lifestyle you want from a career is a trilemma where you can pick 2, but not all 3: work-life balance, interesting/meaningful work, and pay. Lester Freamon
+6 Adding too, the quality of life thing is big. The pain of knowing because you were greedy so you lost a ton of money and due to bad luck your shop blew up would be miserable. Principal in PE - Growth
+6 Just to get started because much of the discourse seems focused on “I am a better Excel jockey than Claude”… DDLegal - coc clauses, leveraged finance gotchasData room - completeness scan Partner in PE - LBOs
+6 Bocconi and ESCP for hot girls (thank me later).  Louislegrand9
+6 Small family office sponsor... we bought a company that benefitted from a once-in-forever generational pull forward of demand during covid, peak earnings on peak multiple (topped the winning bid in the 11th hour). PM in PE - Other
+6 There is basically no chance to go from an allocator to REIT LO, much less to a REIT HF. Associate 2 in AM - Other
+6 ^ Hahaha Cantor got sniped. Fuck that place though. Scummy KageSelly
+6 Your line of questioning is all over the place. Why don't you tell us what your situation actually is and what you're solving for.  At face value this is as much as I can provide with no context: Determined
+6 You’ll be better off almost anywhere else Associate 2 in IB - Gen
+6 I worked in financial services for many years before starting my own business and doing the digital nomad route. I can provide some perspective, but I also want to clarify some things as well: Manager in CorpStrat
+6 Few thoughts - and to preface, I work at a brokerage as a senior financial analyst so 95% of my time is also underwriting/running analyses/talking to clients about the financials of deals etc. Guy in LA
+6 As a former BofA (or actually BAML) employee, will add Teller in IB - Cov
+6 Director in S&T - FI Director in S&T - FI
+6 Agree with most of what’s been said here. Top product groups: LevFin, DCM Top coverage groups: REGAL, FIG, IND VP in IB - Gen
+6 Have also noticed this and always found it very bizarre.I think it stems from a couple things:1. General european belief that you start your working life later. Less pressure to start work at age 21. Analyst 1 in IB-M&A
+6 It has a lot less to do with your degree or you personally and just the job market right now. It is utter dogshit. CRE
+6 Top trade school —> top apprenticeship —> top plumber thisisanexampleofausername
+6 Why are you using AI to comment on fucking wso? You are not funnier than me. Intern in IB - CB
+6 Can comment here as I was interviewing for a BB and EB in this cycle with 2 offers - UK final year Prospect in IB - Gen
+6 Thank you for your service  Analyst 2 in IB - Gen
+6 If you took a basic psychology class, you’ll learn that boys and girls are often socialized differently from a very young age. Associate 1 in PE - LBOs
+6 A company where I go home at 5 every day (most days) so that I have time to work on my own deals at night.  pudding
+6 I would never work at UBS, I'm not retarded Intern in PE - Growth
+6 The main shortfall for very junior bankers is tied to strategic thinking. You may think it's all about technical skills but an investor is well-rounded and it's essential to get the broader picture. Associate 3 in PE - Other
+6 If you are already technically sound, with skills/experience in niche products that allow you to transfer those quickly to either more niche, or the more popular ones, and you are getting the type Addinator
+6 Hey man, in no way shape or form am I saying this is your fault, life just isnt that straightforward.  Deal Team Six
+6 absolutely cooked 2026 market if santander is doing this gl brother Incoming Analyst in IB - Cov
+6 Ultimately you need to decide what you want to do and how much effort you want to put into your career. Everything comes with pros and cons.  Director in IB - Cov
+6 yes obviously but to say it out loud is preposterous CharlesCheese
+6 I don't want to discourage you, but that just isn't that useful enough for someone to take a punt on you with little else that's relevant experience, to be honest. Lester Freamon
+6 I'm surprised you don't seem to approach this from your own personal interest/reputation perspective. MMPM
+6 This is just fucking wrong. Know plenty of people each summer who land mfpe and also ebs and ms/gs without a return. Ignore this person please. They are full of shit. Analyst 1 in PE - LBOs
+6 Oy vey! The goyim will cover for you don't worry. Analyst 1 in IB - Gen
+6 This is fun, because it’s easy. I won’t convince you, but might deter the next moron who sees some broad based conspiracy with no evidence and decides to base their worldview on it. WSOBURNER69
+6 First my suggestion is that you truly understand the business, how each bank you have an offer goes about doing wealth management and each role you are being offered. AngelOfMusic
+6 Fund size / strategy: MM buyoutRole / YoE: Sr. Associate 3 in PE - LBOs
+6 PIMCO is a great brand, but you’re right to be realistic about the role...it’s mostly operational and the internal mobility into true PM/analyst seats is far from guaranteed. virginiagoffredi
+6 Overall the answer is it's fine! Keep in mind that even if your specific role doesn't have international coverage the firm most certainly does. virginiagoffredi
+6 kfs baseline offers now going to barclays Prospect in IB-M&A
+6 Carry is not exactly fund wide. You get way less carry on deals that other people do versus the deals that you do. frankfoot
+6 I’d put IU Kelly (IBW only) up there probably below Harvard, but def above oxbridge. curiousgeorgefloyd
+6 UBS not #18 Associate 3 in IB - ECM
+6 15 years on the buy-side here, and former PM on a $1B 5-Star Morningstar rated fund.There's no BIWS for buy-side recruiting. That's kind of the point. stockpitchlab
+6 What's the point of all these EBs? VP in IB - Cov
+6 Was looking into their program and they placed at EVR x2, PJT, GS, JPM, GHL, multiple at Citi and multiple at BofA. On top of that, they got a Point72 placement which says it all in my opinion. secondariesdemon
+6 Depends on the FIG vertical you cover and what bank you're at. Top BB/EB will still get looks from all solid exit opps, even non-FIG related. Associate 1 in IB - Cov
+6 In ten years, people (at least in the multifamily and single-family space) will look back and say housing was an obvious investment. TheDebtStar
+6 Finally! Someone thinking about some actual trends with big potential impacts to real estate. Developer in RE - Comm
+6 During the Iraq War in the 2000s, Iranian-backed militias used explosively formed penetrators against U.S. troops, which killed hundreds of troops. WSOBURNER69
+6 Thanks for letting us know you got 2 offers.  anonymous panda 1
+6 As greenblatt would say it’s picking up pennies in front of a bull dozer. Arb tourism is an easy way to get burned so if you are trying to pitch an event trade, prob not where I’d go. M_As_In_Mancy
+6 Determined: M_As_In_Mancy
+6 Sellside/buyside: Choosing sellside flattens the tail of potential outcomes. Lower probability of getting fired and riding the steep (financial/learning) curve of buyside roles. Burke
+6 monk monkey: This is helpful - diff from IR? For example is it more fruitful to target IR at a mega/UMM than basic BD at a MM boutique? Senior VP in CorpDev
+6 Honestly as someone who grew up solidly middle class, albeit with a very privileged background (full financial aid package to top day school as parents valued education) and a LAC degree, banking has catapulted me up a soc Associate 2 in IB - Gen
+6 Yes, 100%. This shit is honestly unbearable. As others have mentioned, the value prop for MF investing is just not there anymore. Analyst 2 in IB-M&A
+6 GS is GS lol. PWP is glorified mm. Prospect in IB - Gen
+6 European masters students may work hard, but the average DEI candidate in the UK works 10x harder every single day in dealing with all the racial adversity here. Analyst 2 in PE - LBOs
+6 I don't think you'll have trouble getting into any of these, and these are all top tier programs.  If you want recognition in both Paris and London then ESCP or HEC.  Goj5979
+6 This is their attempt to leak it out and gauge the reaction Analyst 3+ in IB - Gen
+6 cvp #1 for sure esdeekid67
+6 Canadians are obsessed with us. Can’t remember the last time I gave a dedicated thought to Canada.  Associate 1 in IB - CB
+6 Recruiting happens 5-6 months in. Funds pushed back the timeline, especially after how bad the c/o 2026 recruiting was during training. Would focus on enjoying senior year. VP in PE - LBOs
+6 That's basically it - no one wants to underwrite enterprise software at a mid-teens+ EBITDA multiple when there's broad uncertainty about their durability in a world where AI potentially 1) materially decreases the cost to Analyst 2 in IB - Gen
+6 Has anyone heard or are we expecting to learn on the 24th? renegade1
+6 Guys go enjoy christmas. I don't tell my analysts to take time of to post on WSO cmon VP in IB-M&A
+6 Hey guys -  terabyte
+6 In my line of work — spanning investment banking, private equity, and now training analysts — AI is already having a measurable impact, but mainly as an augmentation tool rather than a replacement. rafaelpoole5
+6 All generally good comments in the above. I'll add a data point just because I comp checked this type of role with a recruiter very recently: I'm just going to copy the raw notes below, hope this helps. mrharveyspecter
+6 The two are usually UK financial regulation and securities. reg's 75 questions in 90 mins, securities is 100 in 2 hours, both 70% to pass, all multiple choice. monkey9283
+6 Isn’t the point of 2+2+2 to be for those getting pushed out / want to do something different? Bank Slut
+6 Not that I have a ton of wisdom to contribute here, but one thing you mentioned doesn't sound great imo mtnmaster1
+6 Everything depends on the bonus but the bases being quoted are pretty low for those other roles. A good year for me would be $750k+. Investment Analyst in HF - EquityHedge
+6 The person telling you banks don't care about the RO is wrong. I know of multiple cases of people who got their offer pulled for lying about a RO. Then you are really screwed. Associate 2 in PE - LBOs
+6 You’re assuming all of the people going there are overextending themselves financially which is a claim that really lacks merit. Steam