+1 The first time it's thrown in your face, unless you know the industry as a whole it's a pretty tough thing to confront head-on and feels demoralizing. PrivateTechquity 🚀🚀🚀
+1 Ah sorry - didn't realize it was a masters program. Regardless I don't think spending $5k on a program is worth it when you have AI + lots of information on WSO to leverage VP in PE - LBOs
+1 Wouldn’t pay $1k to some course for it lmao  You can find everything you need on Google / WSO / AI  Associate 1 in IB - Gen
+1 also pls get a hobby or two that you can talk about in calls simplifiedclap
+1 just got r2 wukie
+1 Mission critical Analyst 1 in IB-M&A
+1 Great take, will also say anecdotally as someone whose friends with many fresh medical attendings -- a lot of most lucrative offers out of training is almost always hospital / health system employers. Business School in CorpStrat
+1 Interesting at least in the US markets, deal flow in healthcare tech / software has picked up significantly at the sponsor level. Business School in CorpStrat
+1 Having a solid track record with a platform and add-ons is already a huge win in this market. Funds definitely value guys who can actually close deals without a committed fund behind them, that’s real hustle. Hanlon
+1 Honestly, you're onto something, but recruiting in this market is just trading one headache for another. Wait until transaction volume picks back up, then make the jump! Hanlon
+1 Ofc i grade them... hard not to. JBZ-1993
+1 NYC also is dependent on choosing the right neighborhood with the right train / bus lines assuming you're not driving to work. Business School in CorpStrat
+1 lol @ anyone paying this kind of money for someone credentialized from fucking around in PPT with some light excel template tweaking for 2 years Analyst 3+ in IB - Cov
+1 I did a couple of hours ago finacnelfgomg
+1 This all made sense when I read that the guy is in academia, not surprised.  RCJ92
+1 Best thing you can do is to disguise your farts around the office. Get your favorite women's pad and spray designer cologne on it to max out your farts in a luxury fashion.  Isaiah_53_5 💎🙌💎🙌💎
+1 Guessing BRG was big in the creditor side?  Associate 1 in Consulting
+1 Tbh people who bring this topic up in an accusatory fashion, like OP's dude, are not worth pandering to in this way in my opinion. They don't want to be heard, they want to make you feel bad. nutmegger189
+1 Got you, what’s your take on where the legora/harvey/rogo etc. names are going. I just can’t seem to wrap my head around why they are growing and valued at the rate they are. Works at Barclays Investment Bank
+1 UBS getting grilled for banking nazis in front of the senate. Scandal upon failure upon scandal. Analyst 1 in IB - Gen
+1 Take out AECA tidal lmao they do not belong with dyal/allen/klein Analyst 2 in IB-M&A
+1 rookie numbers manohman4212
+1 Adding my two cents. I'm an S&T analyst at one of the note issuing banks with no Chinese / Canto at all, so I agree it's possible, though it'll limit your lateral options. tryinghk
+1 Let’s be serious it’s obviously #3 and #4. Principal in PE - LBOs
+1 Your bank does it, but make sure to be up their a* on it. Remember this is your life so be proactive. The main one is March, with another small drawing in Sept. Analyst 1 in IB-M&A
+1 I’ve seen this before. Generally I think it’s really dumb. it’s a bad sign since it signals lack of teamwork or trust. And it’s not efficientleaving you guessing and feeling like you’re on the outside investor45
+1 Personally I avoid the topic altogether. johnny-mnemonic
+1 Your comp package doesn’t matter. Your PM can screw you whenever and change the terms whenever. investor45
+1 No. All the banks pay a meal stipend (usually $30-$35) and you order via Ubereats or Seamless. Associate 1 in PE - LBOs
+1 I agree with APO (if you don’t end up quitting) TB Vista. Analyst 2 in IB-M&A
+1 Also jsut want to say cd&r associate class is an actual army. 20+ people a class - unheard of anywhere else. Analyst 2 in IB-M&A
+1 I would put Hg on the list. >100B AUM European software buyout firm; they have office in NYC and SFFunds have been increasing. Analyst 2 in IB-M&A
+1 I had a highly usual experience speaking with their team, which seemed more focused on socioeconomic background than actual experience. Associate 1 in PE - LBOs
+1 Good analysis. I would also argue the right contract depends on the maturity of the product. Hazel_Parkery
+1 All of the stuff about the hours, understaffing etc is pretty accurate; expect to log off at 2-3am M-F with weekend work most weeks. They churn juniors a lot. Analyst 1 in IB-M&A
+1 Do you have internships? Otherwise do a 2 year target master (like mim/mif at hec/bocconi/escp..) to get experience in the gap year.  Investment Analyst in Risk Mnmgt
+1 UBS EMEA is in better shape than Americas franchise but still struggling.   Compensation - nobody is happy with their bonuses but at the same time nobody openly talks about as it might have been worse fifth_footnote
+1 Great people and solid deal flow  deeznjts
+1 US Barclays MDs stole a good percentage of EMEAs bonus pool (True story) Managing Director in IB - Cov
+1 I am in a similar situation (ish). Nearly 31 and was a late entrant to the industry. Did nearly 6 years of banking (strong product group) and am now looking to get some traction from buyside. Associate 1 in IB - Restr
+1 Good overview. When selecting a taxi app development partner, businesses should also consider scalability, security, customization options, and post-launch support. bostonhenry973
+1 Probably Catalyst Investment Partners Post Maloan
+1 This is a perfectly valid strategy. I just find it funny how a bunch of people who study risk-reward for a living go to these MFs and then suddenly start getting mad when there are no spots for promotion. Associate 2 in PE - LBOs
+1 hi, just wanted to update that after 3 working days I learned that I passed the 4h case (thankfully)! The feedback was I was good but PM knows I ran out of time. Next step is long form take home case study. Investment Analyst in IB - Cov
+1 I also interviewed with them and had the same experience / questions asked during my 1st round interview. I answered honestly - don't think I could have "failed" these questions so was very weird overall. Associate 3 in PE - LBOs
+1 I'm in PE but think IB guy won here... that's a burn that feels very familiar (for me and I assume others) Associate 3 in PE - LBOs
+1 Treat it like a stop-gap, resume-filler role that can keep you 'active' in the market, grow your network and get an actual job (with an actual salary) the moment opportunity presents itself.   asmith_1
+1 club processes vary a lot but the thing that's always the same is that people decide whether you are in or not. OFFERGOBLIN
+1 the timeline is the main thing. SA 2028 apps probably open in the spring of your sophomore year and banks keep pulling the date earlier, so the real runway is 6-9 months once it counts. OFFERGOBLIN
+1 To echo others, it's very region-dependent. asmith_1
+1 Unclear from OP's question if he's asking about leaving REPE or RE entirely.  If it's the latter, you better be ready to start at the bottom of whatever ladder you want to climb. asmith_1
+1 Most people: 50+ MD’s son: 1 ImagineSisyphusHappy
+1 Something worth remembering is that is likely not enforceable. If there is litigation, you'd likely win on the merits. Now, that doesn't mean a lawsuit would benefit you... jl12
+1 if the market was ripping, hiring would be ripping, yes, they're closely correlated.  But at the entry-level, I personally think the game as changed, irrespective of market conditions.   asmith_1
+1 username checks out Analyst 1 in IB - Cov
+1 this feels very off-market. My first year associate comp was  like 260k all-in (4 years ago) and our latest fund size at the time was just under 750 mil.  Associate 3 in PE - LBOs
+1 Could you please explain why it would result in paying less and ability to advance career. Ideally an Analyst knows how well their position is performing and what the estimated position size is. Investment Analyst in HF - EquityHedge
+1 Do a top 15 MBA or nothing. MSF is effectively useless, as there is no real structured recruiting. Would be a very poor decision and put you right back where you started. VP in RE - Other
+1 Banana hammock Abusement Park
+1 Recuited last summer and have been soft looking all year (NYC). Seems more active this year compared to past 3 years - tariff day pushed things out and 2023/2024 were silent. fdfdfdfd
+1 "why result in paying less?" - Well, I had a few successful pitches that made my PM money, but I did not get any acknowledgement - neither verbally nor through the bonus. whytho
+1 yes, having work Associate 1 in IB - Cov
+1 BBG actually wrote sth about this today, if that helps: https://www.bloomberg.com/news/articles/2 CollierV
+1 a couple data points across 500mm funds in T3 cities: all are 50/50 base to bonus split Associate 2 in PE - LBOs
+1 That is incredibly bizarre and I’d treat it as a culture red flag. FWIW the people I’ve known there were chill, and they’ve crushed it returns-wise. VP in PE - LBOs
+1 BWE announcement below. What do we think? Any news on who's picking up Lument?  Associate 3 in RE - Comm
+1 See if you can get any intel from mutuals on the specific people you’re talking to. Analyst 3+ in Risk Mnmgt
+1 Here's how ABR stands on 2026 production - the securitized FNMA business in the 2nd image would overlap with the total volume in the 1st. Associate 2 in RE - Comm
+1 given the hilariously accelerated timelines being discussed (some banks are reportedly considering fall superdays, which could mean applications opening in late September or early October) I would not spend much time on cl Analyst 1 in IB - Gen
+1 Stop spreading misinformation and misleading folks. First off, it took Fund IV +2 years to close and they didn't even hit their target. Not sure that's really loved by the "LP world". As for making (or losing) money: LionTreeTheNextGSTMT
+1 use this - https://app.the-trackr.com/us-finance-2027/summer-internships whenever it updates for 2028 Analyst 1 in IB - Gen
+1 lenoxhillrunner PrivateTechquity 🚀🚀🚀
+1 Ok that's good to know. Would be for rowing so wondering if this still applies?  WSOBURNER69.
+1 Do not work in credit so can not give you answer there on what they might be looking for ideally.  JJPPMM
+1 Appreciate the response. They have a posting out there for a director of loan brokerage, which I would assume is on their bridge financing team - is that the other vertical you're talking about? Associate 2 in RE - Comm
+1 Was previously in a similar seat albeit at a much larger fund and saw most people exit to some type of event driven HF. It really depends on the nature of your fund e.g. Intern in AM - FI
+1 How long did you interview? Honestly stuff like this pisses me off, if they didnt have room in your budget, why did they even post the job to begin with VP in RE - Comm
+1 No polo and khakis - button down and slacks at minimum and suit with no tie at most  Prospect in IB-M&A
+1 Data center, music royalties, legal settlements, cheese, solar zak22
+1 Grant Cardone, Tai Lopez, these guysssss. johnstamosky
+1 Also not a basis expert, but just to add to this. bobzen
+1 Yes, its modeled in standard way, I just more mean looking at current market rents (which can be hard to pin down in Industrial right now with some LL's just looking to occupy space), and having the conviction to Dev_WanaBe
+1 Hebbia is also so horrible it’s insane they’ve raised so much in VC funding. It takes so long and you can’t even adjust the intelligence of the model even though it’s LLM-agnostic Analyst 1 in IB-M&A
+1 Strongly do NOT recommend. The interview process was fine and not overly technical. 2937439
+1 Don’t bother, your bosses at your Big 4 firm don’t have any work either Intern in IB-M&A
+1 Start asking other groups for work or opportunities to shadow them  Intern in IB-M&A
+1 nobody gonna care about an undergrad club when your a 28 year old man  Intern in IB-M&A
+1 bump 99twotwo1
+1 First off, congrats on South Carolina. Banana_Philosopher
+1 bump Analyst 1 in IB-M&A
+1 Great comment. CRE = elite overproduction on steroids at this point.  Covid19Brah
+1 I guess bro IsItREPE
+1 Anyone who thinks an IB analyst will do less work because of AI is an intern or freshman at best. Lester Grossman
+1 WashU if you want to challenge yourself for fighting an uphill battle:) SMU Final Boss
+1 honestly deleting my acct and done with this site idk why i hang out here. Isaiah gave me some wisdom at my lowest and we got randos slandering im done deelcheef
+1  all these prepubescent sophomores need to learn their high cortisol isn't going to land them an offer. obviously they are not moving their cycle this early  Analyst 1 in IB - Cov
+1 You’re a squid dude, pack it up Analyst 1 in IB - Gen
+1 can you turn off anonymous so i can send you a dm? Intern in IB-M&A
+1 This is an interesting topic. I don’t think my feedback is relevant here since I’m a note buyer but we honestly don’t do much. Associate 3 in RE - Comm
+1 Well, enjoy NYC! Analyst 1 in IB-M&A