+6 Retarded OP, this is the only way it will affect recruiting.  Analyst 1 in IB - Cov
+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 From my understanding it’s one of the better run competitions, with a pretty solid group of judges/speakers. I participated a year ago and noticed the same people there at comps like UIC, USC, etc Intern in IB - Gen
+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 Mid-level pay is way down. VPs used to earn significantly more in both real and nominal terms. This made staying beyond associate more appealing. 2. Conditions have gotten worse. Bankasaurus
+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 Truist will acquire them and change the name again Analyst 1 in IB - Gen
+6 This was on perplexity. Principal in HF - Other
+6 Ya fr its rough out there. I gave up on recruiting and work at NW Mutual. Shiz is lit. Free bagels first Friday of every month.  Intern in IB - Gen
+6 I look around real estate and everything is sales.  REDebt
+6 The capital “haves” are going to outpace the have nots by a greater margin. Older people tend to have assets.  odog @digitalimmortality.com
+6 I think the 1-2 week comp style can be done well. P72 runs their annual case comp which has pretty good pitches. I (tried to) compete in the perplexity comp and it was just run terrible. ILikeResearch
+6 Basically two or three buckets that actually matter.1. How quick do you learn (which is a function of your intelligence / desire / curiousity about the job) Analyst 1 in IB - Cov
+6 Here's a crazy idea: Start with one deal.  commercialrainmaker
+6 is it just me that thinks Perplexity set these kids up to fail? Associate 1 in IB-M&A
+6 I have been on my own for ~4 years now, I started doing my own deals at 25 and it has been incredibly painful, but gets easier every year. The real risk is not taking action until its too late. Principal in PE - Other
+6 The kids were retarded (no offense to them, great practice to put yourselves out there and take the rep) but I feel like most the blame has to go to perplexity here? Analyst 1 in IB - Gen
+6 Anybody who has gone to a school with high-volume corporate recruiting has seen the nonsense that goes on arbjunkie
+6 It is a common story in banking. The firm relies heavily on the prestige to keep people working brutal hours but the reality of the daily management and politics often does not match that status. dean787
+6 Hey man so sorry about your loss, that must be devastating and scary given this new responsibility. I only have a second for some quick thoughts. tronicz
+6 "I don't know how much of an upside career PE can provide anyone who started in this industry all the way up to 10 years ago..." jl12
+6 foodservicefoil Themaster441
+6 Yes and no. Yes in the sense that PE is still very grindy with demanding hours and if you went to a larger fund, you won't be working 50 hours / week. Investment Analyst in HF - EquityHedge
+6 Anecdotal data points but I have seen this worked for FAANG SWEs. Can argue they are more prestigious than IBD although their headcounts are like 5-10x of IBD every year. A few things here Analyst 3+ in IB - Cov
+6 Very very honored to be on the same list as some of those you mentioned. Rabbit
+6 vc has virtually no similarities to ib whatsoever besides being the two vaguely being in the financial services industry together. anon_vc
+6 Watching that was painful. The discomfort from the judges was palpable.  PrivateTechquity 🚀🚀🚀
+6 "no face time, supportive team and a clear path to promotion" chill mate, that's not happening. Analyst 1 in IB - Cov
+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 I have never in my life ever seen such a poor showing. Shame on perplexity for wasting the judges time on kids who cant answer what the PE of their "researched" company trades at, or basic financials. Analyst 2 in HF - Event
+6 My roommate worked there. I used to get back from work pretty late (EB) and sleep around 2-3 am. He rarely gets back before that.  where's my roommate
+6 Exactly this person is literally pretending to be an analyst to promote CIE this is ridiculous lol renegade1
+6 I mean jeez if youre in the top Real Estate Club, you might as well start out as CEO. Heard a place called Blackstone is looking for someone with your background. sillybilly
+6 HH's are the main gateway for this kind of role and absolutely will not support your doing this. Will be hard to do it "secretly," obviously, if you told them how your 2027 cycle ended up. flipcup
+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 I work in infra so sharing my two cents here. Associate 1 in PE - Other
+6 I understand the frustration. Got the t-shirt.  MidasMulligan
+6 I worked as a contractor for OpenAi for finance and interviewed at all the firms making AI for finance. There will be just fewer junior jobs.  Works at Citadel Investment Group
+6 Degrees are not what make you specialized or get you hired lol PrivateTechquity 🚀🚀🚀
+6 This is wrong. Of course any banker that has bought into the career is going to say it’s worth it, but that is objectively just cope and we are all lying to ourselves. I have been doing this for 7 years and OP is right. Analyst 2 in IB-M&A
+6 But their grandma was discriminated against in 1850 and only allowed to vote in 1950. this yt Beckie deserves a leg up in hiring / promotions. By that analogy, blacks deserve all of US. Analyst 1 in IB - Cov
+6 Can't really offer super concrete advise because I'm honestly in the position you're fearing (mid-30s and just made a soft pivot into RX Consulting). What I will say is: Lester Freamon
+6 This is becoming true. For ex, heard Vandy got crushed this year with only a single PJT offer across the entire SA26 class.    rolo25
+6 The first time you do something, you'll be bad at it. That's almost a guarantee. Something I've noticed a lot with Gen Z is that they have a character flaw, and they let it define them instead of focusing on fixing it. usernameladiesman217
+6 Nope not at all. If anything, I felt like I would never be an entrepreneur due to my perceived risk tolerance at the time. Associate 1 in PE - LBOs
+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 depends on firm. At VP and above, hours can be good. Hours on distribution side are definitely better than project management (PM). Associate 1 in IB - Gen
+6 Guy from Vanderbilt with a PJT (private capital) offer was supposedly going to the HR of firms other people had offers from with texts/messages etc, trying to convince them to rescind - supposedly lots of the message were Analyst 1 in S&T - FI
+6 Yeah hirevuesare honestly awkward for almost everyone, so if it felt unnatural that’s totally normal. The people who seem really smooth usually just have more reps talking on camera or have done public speaking, etc. johnb2001
+6 I think you're looking at it the right way. Associate 3 in PE - LBOs
+6 its just a white collar desk job I really dont care what happens  Research Analyst in HF - Other
+6 maybe barely... i think the micro focus in PE on actual business operations / pnl focus of a company is definitely an invaluable skillset to understanding the mechanics of how these things work. herzyherzy
+6 This is the level of neuroticism that will make you an exceptional BB banker  CharlesCheese
+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 Financial literacy: In my experience (property owner side of 10 projects 500k-10m in value) contractors constantly struggle to manage cash flows. Principal in RE - Comm
+6 There is about a 0% chance that this is true lol, but congrats on Greenoaks  Associate 2 in PE - LBOs
+6 So easy to hide small dick energy behind an anonymous username on this forum.  Intern in IB-M&A
+6 GS is GS lol. PWP is glorified mm. Prospect in IB - Gen
+6 We are going to win and win so much that you will be tired of winning.  Analyst 1 in IB-M&A
+6 You are 8 weeks into your career, deep breathe. Easy to constantly compare to others and feel like you are being left behind. Stay humble and hungry. Associate 1 in PE - LBOs
+6 Funny thing about this post is how it doesn’t dig into how non-integrated / ethnic OPs initial family members entering the US were. Teller in IB - Cov
+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 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 The reality is there are going to be way more jr roles in PC than in public credit. PC is likely to pay much more at the junior levels than public credit as its more so competing with IB and PE for talent. Managing Director in AM - FI
+6 A lot of large cap tech / decaunicorn startups are ex MF PE. Associate 3 in PE - LBOs
+6 All of the above are true.  Analyst 2 in IB-M&A
+6 Group is an absolute dumpster fire. Bad group head and culture, trash pay for the hours you work. I guess consider it if you're desperate to break into IB and it's your only offer, but you're going to be miserable... Analyst 2 in IB - Cov
+6 Congrats on PWP! Prospect in IB-M&A
+6 1.The hourly wage argument only works if you assume the hours are fungible ( that an analyst could just take those same 30 extra hours per week and dump them into a second job or a side hustle at the same marginal rate.) T rolo25
+6 I'm at an inflection point in my career. There is a clear path to a VP+ seat, making mid six figures (or better) with decent WLB. Associate 1 in IB - Gen
+6 I believe this is a bot. I've seen several dubious, AI-slop quality posts from "Principal in PE - Other" on the board over the last couple of weeks. Often as the first comment. Director in CorpStrat
+6 Working as an IAR with an independent BD  as part of their RIA (not just applicable to setting up an independent RIA where you have to account for compliance systems), it's common practice to get 90%+ payouts with fai rickle
+6 To try and give a reasonable answer, you're honestly not going to find the perfect job right out of school, your criteria just aren't suited for an entry level job from a masters program. jarstar1
+6 sc_30Sandskrit instead of Sanskrit is the funniest thing here bro 🤣🤣🤣🤣🤣🤣🤣🤣🤣 Principal in CorpStrat
+6 If your old group is a top shop (e.g. GS/MS/Q/EVR) then it probably shouldn't be your last resort. PrivateTechquity 🚀🚀🚀
+6 Damn I wish I could have seen what was actually posted here so I could give some actual insight. IRR-Responsible IR
+6 Annecdotally, I just finished up the lateral associate process at an array of banks from boutiques to BB. Associate 1 in IB-M&A
+6 Congrats on OSU and GL with PE recruiting!  #SellSide4L rolo25
+6 They will be soon with this rate of layoffs. AI coming for all their jobs Associate 3 in IB - Cov
+6 My experience with Alvarez & Marsal was brief and on a building and business going through foreclosure and the owners declared bankruptcy. odog @digitalimmortality.com
+6 I agree. Also, since you mentioned racism at the bottom of your post, let me say that the racism is not towards Indian Americans. Associate 2 in PE - LBOs
+6 Ah yes because going from IB -> UMM / MF PE ensures you no longer work 80 hour work weeks Analyst 2 in IB-M&A
+6 Sounds like TD and Scotia in Canada Analyst 2 in IB - Cov
+6 Thought about this a couple years and considered whether reservation systems, delivery apps, and charging/billing should be rolled entirely into one. marketMergerMaddie
+6 Some misleading garbage from UBS #1 Fan Analyst 2 in IB - Gen
+6 You’re thinking about this all wrong. Investment Analyst in HF - Other
+6 A lot of your response is a logical fallacy - assuming X because of Y, with no foundation for why Y is exists in the first place. Dow70K
+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 Factor-consciousness and pay-for-alpha mindset will persist, these are advancements in LPs ability to measure performance components & I don’t see it reversing back to “Tommy worked for Bobby who is a legend so give hi Anchor
+6 You don't generally account for dividends in a regular DCF. The purpose of a DCF is to determine the intrinsic value of a business based on cash flows. Mastery 7 IB Shitter
+6 Corp dev at a large public company. Large boring public company is way way better IF you get the right seat and work with sophisticated people. Associate 3 in PE - LBOs
+6 . youngbanga
+6 How is this “your deal” if you don’t have access to the data room?! Analyst 1 in IB - DCM
+6 i left the industry because the disparate expectations for male and female analysts and associates in my group were too much. Associate 1 in IB - Cov
+6 If you feel like you're completing things very quickly with lots of extra time you should ask yourself the question, and am I completing this to simply get it off my plate, or am I completing this to provide useful insight Dow70K
+6 motorboat123Hi Aaron, thanks again for doing this. Themaster441
+6 At one of the funds in the space. For full list, I’d check Sightline Climate’s investor / fund tracker, but you’ve got most of the bigger guys in the list above and in comments. Analyst 2 in VC
+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 One thing to keep in mind if you're thinking about L/S credit is cost of funds. Summa101
+6 Echo the above commenter that if you're looking for the best mix of promotion runway, cash comp, and exit opps, the ideal spot could be a scaled, brand-name European PE firm looking to aggressively grow their US presence, VP in PE - LBOs