Highest Ranked Comments In The Last Year

+6 Less of a commentary on UCalgary and rather some thoughts on Ivey. My impression is that Ivey's only objective is manufacturing as many future financiers as possible. Associate Director in IB-M&A
+6 Marcos next Job if he keeps it up Associate 1 in IB-M&A
+6 You can do whatever you want now. But as soon as you join the company, they will make effort to brief you on their compliance rules. I advise you listen and read. nutmegger189
+6 Sounds like your goal is to maximize long-term promotion runway / risk-adjusted comp by staying in PE, with no interest in b-school or HFs. Principal in PE - LBOs
+6 Sounds like Crosstree Capital in Tampa  IBPEInternr
+6 UBS not #1 Associate 3 in IB - ECM
+6 Being a bit more realistic, let's say this associate really only has three years of experience. It could be that in the three years buyside, this junior never quite got the grooming needed and is looking for that now. Research Associate in AM - Equities
+6 Hard to be taken seriously as a lateral before 8-9 months at absolute minimum, more likely a year Associate 3 in IB-M&A
+6 Americans are good at making connections with the client and knowing what they want. Associate 1 in IB - Cov
+6 I'm at MBB in continental Europe and in processes since quiet some time. I get loads of looks and processes with almost all heavy hitters (that is, those that hire consultants). PE_prep
+6 Think my last comment failed to post, but I'll repost: It depends which letter of "TMT" your bank focuses on, as each one is very different from the others. Mastery 7 IB Shitter
+6 Spoiler alert: Nothing wins, Double loses Director in IB - ECM
+6 One thing to keep in mind if you're thinking about L/S credit is cost of funds. Summa101
+6 This is probably just a case of which school you like best.  Intern in IB- Mergers and Acquisitions
+6 Point72 academy is a shitshow and is not at all guaranteed return if you performed lol. They have over hired in all the academies. Benson Says
+6 You’re in a good spot. Like others have stated, it’s not quit doing anything sort of money but you have a great head start. You can do the math what that would become if you save a few IB bonuses with X% market return. ky9xnsz
+6 yes ky9xnsz ur right, these posts need to be done at least 5 years down the line, but it just goes to show how delusional ppl in IBD are, and how seriously they take themselves Analyst 1 in IB-M&A
+6 UK would be as below (in GBP, ignores office bonus, ignores pension contribution): Bain DrApeman
+6 ^Jefferies has been doing an amazing job over the past year. The_Biotech_Banking_Expert
+6 Not an appropriate time to share that you didn’t get any looks from them Analyst 2 in PE - LBOs
+6 Here's the one I had like 8 years ago when I went into late stage VC:  Determined
+6 Are you starting as an FT Analyst in AM or in IB? Because if you're starting in IB, then don't forget that you won't actually have any time to explore the city once you start work. Angus Macgyver
+6 What’s more likely that I work in PE and have an equity sales person pitching me stocks and getting me corporate access or that the holy grail of information, WSO User Profile stats aren’t up to date? Principal in PE - LBOs
+6 Found my exit liquidity WaterUndertheBridgewater
+6 pbgrxavel Themaster441
+6 Super bullish on AI (whole company is). Seeing material gains in efficiency from analyzing/digesting multiple docs/files. Floor 3
+6 Truist Atlanta HQ. No free food, have to pay for parking, 5 days a week in person. Analyst 1 in IB - Gen
+6 Most executives and pro athletes have therapists. It’s less about them telling you what to do and more having an outlet to 1) vent and 2) organize your scrambled thoughts.  Associate 3 in PE - LBOs
+6 If your prestige test is, "Hey, I went to ___ school. Nice to meet you," then Stern definitely edges Ross. Prospect in IB - Gen
+6 I recruited primarily for VC when leaving my analyst stint. I got 2 offers but had questions about both. One had a ton of AUM, but I basically would have been their first US employee in SF, where I had never lived before. TechBanking
+6 I can relate with how my first interactions were with the bank in the early - mid 2010s. I found the bank back then to be kinda cultish / fratty and kinda arrogant in their own world. Hags28
+6 Because MBAs make better senior bankers, even though they are a net negative the first year or so. VP in IB - Gen
+6 No way UBs hates Americans and usually prioritizes them for layoffs Associate 2 in PE - LBOs
+6 nepo Prospect in IB-M&A
+6 UBS - Shitting the bed is our craft Associate 2 in PE - LBOs
+6 Initial discussions ongoing with lists finalized January Associate 3 in IB - Gen
+6 Biggest thing is realizing no one expects you to be an expert in every vertical on day one. They hired you because you can learn quickly and do good work, not because you already know every niche industry. LuneMaster
+6 Wow. Groundbreaking stuff really  99twotwo1
+6 The college regression is real, but the MBA is exactly what you make it to be. Associate 1 in IB-M&A
+6 The PE shop you're currently interviewing with reached out to your OLD company (not current company) to do a backdoor reference check on you without telling you? Associate 3 in PE - LBOs
+6 Came from MBA from a corp finance job. Now at a BB. I went through many of the same thoughts and feelings y'all above have expressed and it definetely sucks. Associate 1 in IB-M&A
+6 I'll try my best to answer these questions, but it will be highly bank-dependent. I only have experience at the BBs.  Associate 1 in IB - Gen
+6 I’m fairly sure TMT has more new hires than closed M&A deals in the last couple years. They can’t even do 1 deal per MD per year. Sad! Analyst 2 in IB - Cov
+6 what are you long rn Analyst 3+ in HF - Event
+6 Seriously questioning some of the people that management decided to lay off this cycle. A few people were laid off that have clear aptitude to drive fees. Now they’ll go to american banks and take market share. Analyst 1 in IB - Gen
+6 Honestly I'm not aware of any growth shop that gives out sourcing bonuses at the VP+ level (plenty who do for juniors). PE-biz-dev
+6 UBS doesn’t always honor offers and has been known to push back offers/ starting dates if bussiness needs require it Associate 2 in IB - Cov
+6 You're screwed. You cannot leak client info, that's like the first thing you are taught by HR for a reason (well, that and don't insider trading). Analyst 2 in IB - Cov
+6 You are in an awesome spot with no spouse and no dependents. Assuming you are healthy, you can push your spend to nothing. That is what it will require at the start.  Principal in RE - Comm
+6 The UBS bull strikes again! Associate 1 in PE - LBOs
+6 motorboat123Hi Aaron, thanks again for doing this. Themaster441
+6 $3.0mm this year. This is my 6th year on this team, 7th year on the buy side, and 10th total YoE. This is my best year so far, but every year I’ve seen YoY increases. Principal in HF - Event
+6 I'm in a similar position to you (a year or so ahead and a bit more saved). Ask yourself who you were before you started this job and whether it changed you. Associate 1 in IB - Gen
+6 bro Ashler is quite literally Citadel so it is in fact your prime example of a mm Intern in HF - EquityHedge
+6 I think repeating 2 years (versus 1) is somewhat meaningful given as you said it’s like starting over in that “class of 10” mentality fighting to prove you are even a human being (depending on how bad the culture is etc). Associate 3 in PE - LBOs
+6 #2Likely higher verbal iq but definitely not overall  Analyst 2 in IB - Cov
+6 I bought a small landscaping business last year for under $2M. Self funded. SBA loan. I’ll try to provide some insight as shortly as I can. Enlightenment
+6 This is neither helpful or detailed because it contributes nothing of new value, no wonder you all got laid off. Analyst 2 in IB - Gen
+6 Stern - as a Ross student but Michigan kids probably have more fun. Intern in IB - Cov
+6 Off the top of my head Wells got some crazy mandates this year. I think Lincolns honestly doing really well as well. Curious to know how Deutsche is going they really invested heavily into their IBD. Gold-ManSacks
+6 I never worked at GS but McK and have a broad group of friends in PE, Consulting, Banking, Law.  Associate 2 in PE - Other
+6 I worked mostly 8 to 5 most of the time as an underwriter. Once in a while, I work a bit on Sunday evening. When I was an underwriter, I had worked less than when I was an originator. So call it 45 hours. REDebt
+6 Go on LinkedIn. Count how many “DEIs” have full time roles. Stop being a loser and work harder instead of complaining. In the time you typed this post you could’ve sent how many networking emails out?  your.mom342
+6 Sometimes, a lot of times, the market leads you to your next job. There is no shame in that. odog @digitalimmortality.com
+6 Being sick isn’t an excuse to miss a online video that takes 5 minutes. Be better. Intern in IB - Gen
+6 I'm a year or 2 out of the bucket, but I'll add my perspective: Location: Digital nomad (SEA and Latin America) Relationship Status: Dating Career: Ex-finance turned entrepreneur  datboi1234
+6 Next IB head, let’s stir this shit up. Analyst 2 in IB - Gen
+6 This applies beyond recruiting - I do this with my network, even after I landed SA and FT positions. big_dawg
+6 Former PM ($1B AUM) here. Stop counting days. Start counting data points. I can't speak to the HR timeline, but I can tell you exactly what they're evaluating when you pitch. stockpitchlab
+6 At some point you can’t turn the corner anymore and crash straight into a brick wall Analyst 2 in IB - Cov
+6 Cuks in Zurich have no idea what they are doing Prospect in IB-M&A
+6 Yeah Peel Hunt has been a target for a while, they still have some decent broking clients, but ECM in the UK has been a dead goose since 2021/22 slowdown. unders
+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 Spent 4 years in AD, now working IB. Assuming you mean you’re about to hit your 20 year mark, which would put you in late 30s/early 40s territory. Energ-yGuy
+6 To be fair, DEI was actually a problem at CS - lots of incompetent URMs were hired. At this point most of those people have been fired. UBS is a much whiter bank than CS was. Analyst 1 in IB - Gen
+6 Current MiF Student at ESSEC here, so I‘d be happy to answer any questions you have. That being said, placement has been getting worse in recent years. Paris123456
+6 Another week another UBS thread…was wondering when these unemployed flunkies were going to bubble again. Doesn’t your mom have chores she wants you to do? Some way to earn your keep? Associate 1 in IB-M&A
+6 Good M7 placements from what I've seen every year, I have 2 friends currently at Booth & MIT who were BAs. Works at Capital One Financial
+6 Glad helpful threads like these exist in this forum in the sea of all the threads about how much BoFA / UBS suck and what GPA you need for on-cycle. Analyst 1 in IB - Gen
+6 With our luck he could be the leading candidate to be the next CEO. He can simply distance himself from America’s performance and exaggerate the direct impact he’s had on EMEA and Asia Associate 2 in IB - Cov
+6 You should be happy to be rejected by UBS Analyst 1 in IB - Gen
+6 What I did is when I first started networking, I exclusively emailed alumni of my prep school and used those calls as "practice" before moving onto higher-stakes calls with my college's alumni. Intern in Consulting
+6 This felt like a personal attack so let me just gently reply that I'm not advocating for rate cuts, I'm merely stating an observation that I don't see any other way for the private capital industry to return to the glory d Managing Director in PE - LBOs
+6 Yes, there are different lines and details in the equity section. For simplicity, we will just keep it to 4 examples. Gekko21
+6 A few random thoughts on a lazy hungover day. I might come back and add to this. QE_Infinity
+6 There are a few options, keep in mind that even after getting a h1b there is a green card waiting process which can be more than 2 decades for those born in countries like India and China: thegreatspoofing
+6 I was in a similar spot - totally hated my life and didn’t want to do IB or PE or HF. Analyst 1 in IB-M&A
+6 Quality Learing Center in Minnesota GS under Blankfein
+6 Real friends tell friends to use league tables as one of the biggest factors. Below is the list of banks I would of chosen over UBS: Analyst 2 in IB - Gen
+6 Your dad says thx for last night  swe2ibd
+6 Some misleading garbage from UBS #1 Fan Analyst 2 in IB - Gen
+6 With your background, do not go back to IB just to do RX… you should get a look at the top shops with your current background and a good story to pivot.  Just reach out to HHs and start having conversations now. Investment Analyst in HF - Event
+6 UBS has never prioritized their IB, all of the growing the IB banter was just a marketing ploy since they weren’t going out there and spending on true rainmakers Analyst 2 in IB - Gen
+6 Agency lender here. How small is the loan? Hopefully it is at least a $1MM loan, not many Agency loans get done below that amount. And candidly pricing is pretty punitive at below $2MM especially at 1.25x DSCR. Director in RE - Comm
+6 Since its agreed that MM pods are fairly PM dependent, I can share my experience that got me into a merger arb / fundamental special sits MM pod during an earlier portion of my career: Hags28
+6 I also operate in one of the most restrictive markets in the US, but every city has different needs and concerns and therefore different regulations. I’m a pro in my market, but an amateur in NYC.  Fred Fredburger
+6 To think they were 7th Globally and 11th in the Americas just two years ago in 2023 Intern in IB - Cov
+6 All of the above are true.  Analyst 2 in IB-M&A
+6 OP wrote: Do we then say, well the moat is brand? Or the moat are the customer-ties? odog @digitalimmortality.com
+6 I think you're looking at it the right way. Associate 3 in PE - LBOs