+5 BMO M&M is not a top group, league tables doesn't make up for nonexistent exits and bad culture Intern in IB-M&A
+5 Actually, the difference between you and someone at a target is that kids at target schools don’t give up and start complaining on WSO when they’re getting fucked. They keep pushing and move onto the next plan. Prospect in IB - Gen
+5 PE sucks that said 1. Is positive, would love 90% of my calls to be calls and not performative Zooms where both sides have to set camera 2. Is also positive. HFPM15
+5 Turns out it was like 3 weeks lol. Got the offer🤗 Perpetually_Unlucky
+5 I don’t know enough to advise you Are you a VP or a D? Do you have that money saved up or is that aspirational)”? Managing Director in IB-M&A
+5 I would go do SWE if you’re really good at it. If you can get in now and develop skills that can’t be replaced by AI, you can potentially make a shit ton of money over the next few years if you land at the right startup. apetrynamakeit
+5 I used to think of it that way (college = brand for rest of life).  But I think those times are changing fast. Dr. Rahma Dikhinmahas
+5 In terms of true non targets- FSU Intern in IB - Gen
+5 Make sure you fight this bro - like others have said, this has gone too far and we can't continue letting DEI/beckies take over social structures. Our kids are going to disappointed in us if we don't attempt to fight it. Analyst 1 in IB - Gen
+5 Huge congrats on Jefferies bro Intern in IB - Gen
+5 My old boss could do that too. It’s neat, but it’s more of a generational parlor trick than anything. CRE
+5 My question comes more from the lens of being on the debt side.  I underwrite deals for all property types, so it's not like i solely underwrite and focus on industrial properties. hard assets
+5 There is a small haircut on comp at the junior level to M&A that continues to widen as you get more senior. The compensation ranges below are approximately street for TC: Associate 1 in IB - Gen
+5 Baruch, Fordham, Rutgers, middlebury Analyst 1 in IB - Cov
+5 SE USA, 20, datingCurrently sitting in a Starbucks for a few hours waiting for my car to be serviced, so I thought I'd leave my ramblings. what is your general outlook on the world? crustycrustacean
+5 Your basic mistake is thinking that this is some sinister conspiracy to protect white people. Nope - it’s much simpler than that. Associate 2 in IB-M&A
+5 Thanks for the insight. Just to be clear I'm not one to follow the FIRE path. I like to work and I'm not trying to replace my W2 income with something "passive". I just want to build something. Associate 1 in RE - Comm
+5 My understanding is these firms have very small teams in London. Definitely nothing structured. Analyst 2 in IB - Cov
+5 Least obvious product shill VP in Consulting
+5 It's somewhat amusing. I remember when I was a VP leading a hiring for a few associates. I was told, "Only interview women, preferably non-white women." It's funny how nobody lost their sh*t about that one.  Lockwood
+5 Okay that is very helpful context and changes my original take a bit.  FutureCEO3
+5 I think  'Bank of America Aromatherapy Room Spray' has to take the cake  brianplord
+5 Feel for you, but if you want to make it in this industry it’s going to take being able to take rejection / failure like this all the time. VP in HF - EquityHedge
+5 Honestly Truist deserves D tier Analyst 1 in IB - Gen
+5 Ignore title, VP/Principal so a little tenured Associate 1 in PE - LBOs
+5 If you’re so happy, why are you posting about how happy you are lol. Smoke Frog
+5 Analyst 1 in IB-M&AWe are going to win and win so much that you will be tired of winning.  rapterwarner
+5 increasingly easier to tell that leadership is clueless on how to grow ib. i am convinced that an undergraduate business student would be able to make more sensible moves than bofa leadership. Works at Goldman Sachs
+5 I think search funds are a lot less compelling than they used to be because entry prices are so high now. m_1
+5 apetrynamakeit devildog2067
+5 Honestly I struggle with this myself - I would suggest just taking it easy on yourself.  You mentioned you exercise and you have read the self-help books. First_Lien_Larry
+5 Go Woke and Go Broke! Associate 3 in IB - Gen
+5 Zero connection with Indians or Asian heritage here but this’s embarrassing. gelato_cuspids1d
+5 Nobody gives a shit. You'll be viewed on the effort and product you produce at your job. Ghost_of_Baghdad
+5 Yes, I’ve discovered money and stuff doesn’t make me happy / bring me joy. Analyst 2 in IB - Gen
+5 “So you work at a bank but you can’t get me a credit card/loan/good stock?” Prospect in IB - Cov
+5 It depends on commercial needs. You generally do not have a say in how many hours you bill.  VP in Consulting
+5 I grew up upper middle class and the middle class white bois are some of the most uninspiring group of ppl I have ever met. Maybe the constant media bombardment of white guilt has something to do with it. Analyst 1 in IB - Gen
+5 "Why are Americans getting increasingly upset at elite schools giving away top jobs to random foreigners fresh off the boat" is one of the most tone deaf takes I think I can recall ever. VP in IB - Gen
+5 this is all nice and employer friendly... but you have to look our for your own career first. If this new place is a material step up, take the new offer and move on. Investment Analyst in HF - Event
+5 Used to work at Oak Hill, great firm, you won't pigeon hole yourself at the firm. Got a chance to move to HF like most of my coworkers. ikon
+5 Yeah this is the ultimate definition of a virtual non-issue. There are a total of ~730k H1B holders in the U.S. compared to an adult non-senior population (18-65) of ~250ml. hedgehog9
+5 You realize you sound like a crazy person right? Like you’re vaguely and lazily alluding to well-known conspiracies and I continue to hit them out of the park. I’ll do so again. WSOBURNER69
+5 Levered FCF reflects net cash to the business, typically (at least I’ve seen) inclusive of net movements in borrowing/capital. Bank4L
+5 WF on a heater  NBTtmoon
+5 Rutgers is paradise VP in IB - Gen
+5 Amazing that base salary is the same amongst the two as well. rolo25
+5 The main thing you need to do is look at the cap table and identify how much money was invested after you, i.e. above you on the pref stack. Determined
+5 shitty website stop scaming people lol Works at Morgan Stanley
+5 Uh $20B mkt cap is not a large cap company, son. Do I mean that a “large cap” should trade like pharma? Yes I do. Otherwise wtf is the point of classifying them separately? Benson Says
+5 Thanks beckie, you can go home for the day. thereisnochoice
+5 Does anyone know any person or business who really relies on AI?  That's all we need to know.  From a financial perspective, of course AI is a bubble. Ozymandia
+5 Hey, go into AI and don't look back.  lappingezcomps
+5 What if BofaA just tells everyone they are top bucket Analyst 1 in IB - Cov
+5 I have used Claude Code and Claude in Excel to build models and do heavy duty analysis for me over this past month (eg cutting up 250k row bookings databases). kuf135
+5 This reads as her taking the mistakes personally and not being able to get past it. Perhaps the scolding she received was too much for her and now she’s internalized and directed the anger at you. fuckshampoo21
+5 No DEI programs prioritize people based on religion. Just doesn’t happen When did I say they did? usernameladiesman217
+5 Former PM ($1B AUM) here. It isn't the calendar. It's the conversation. stockpitchlab
+5 the man is practically on WSO death row 😭 Prospect in IB-M&A
+5 I’m on iOS. This has been an issue for months, but wouldn’t be surprised if it’s been over a year. Jack's Smirking Revenge
+5 My girlfriend works there and always gets pretty bad bonuses relative to her friends at other banks VP in IB - Cov
+5 . recoveringalc
+5 I encourage you and your team to take a leap of faith. Associate 2 in PE - Other
+5 Stop being a rasisct asshole Analyst 2 in S&T - Equities
+5 Finding a good PM is far and wide the most important factor in early/mid hf career development. econometricks
+5 I truly think many people would be better off if they swallowed their pride and go back to banking because many (including myself tbh) are just not destined to make it to partner and if you're going to be grinding might as VP in PE - LBOs
+5 I was honestly surprised the economist was willing to publish this given their leanings. It's unfortunate this doesn't get featured more frequently and more government's aren't forced to do the same analysis. PrivateTechquity 🚀🚀🚀
+5 Life in PE at all levels is 100% dependent on the performance of your portfolio. If the portfolio is doing well, PE is maybe the best job on Earth. If it is doing medium, PE is fine. If it is burning, PE is hell. SOFRsoGood
+5 My family owns a telecom company, I have been working in and around fiber optic systems my entire life.  PEarbitrage
+5 Know a bunch of people that do/have worked there, mostly on privates. There's an investment committee on the private side where GPs are the decision makers. Determined
+5 That's not how anything works. I know I was top bucket because we all shared our bonus numbers and the rating we got in the group.  Analyst 1 in IB - Gen
+5 Not positive either. I think AI (and software going fwd) will be a very consolidated industry from banking client prospective / few winners. VP in PE - LBOs
+5 Have you tried the scribbling method? Its basically just scribbling while you read to trick your brain into thinking you are taking notes which helps tremendously with retention and internalization. Analyst 1 in IB - Gen
+5 First, I'd say that if you aren't running away from Treasury because you hate it... you may do well to consider staying in it for a while. MidasMulligan
+5 Sounds like you are enjoying it, hopefully it stays that way.  Lots of valid perspectives and situations.  IMO, for pure data guys being “the first” data guy at a place, various pluses and minuses.   oil_quant
+5 This is the real reason why they place well, personalities fit right in crazylifechoices
+5 Nice anecdotes but your friends all just got really lucky on equity upside, which is obviously "high risk" relative to going the IB/PE/BL route. PrivateTechquity 🚀🚀🚀
+5 Everyone in VQ is dumb Prospect in IB-M&A
+5 I am going to assuming you’d would do this under a prospectus exemption for accredited investors, which would require you to work through an investment dealer or exempt market dealer for distribution. acardboardmonkey
+5 lol wtf does derivatives law have to do with any bruh pls just finish school first Investment Analyst in HF - Other
+5 Just dropping you a Godspeed, onwards and upwards, from a fellow monkey that’s been on WSO from those days. VP in PE - LBOs
+5 Yeah that’s how a country works lmao. The audacity of entitled foreigners good lord  Associate 2 in IB-M&A
+5 This sounds like one of those roles that if you are interested in what is effectively a 'you will do whatever I need you to do, whenever I need it' - it could be interesting. Addinator
+5 As a woman in the industry, my advice would be to let her make the first move.  monkey4590
+5 baird bro trust me bro Intern in IB - Gen
+5 Agreed, but my point with that wasn't to complain about having to answer to someone. It was about having to answer to investors specifically. I don't like to fundraise and I prefer to be the sole equity in a deal. Associate 1 in RE - Comm
+5 You're about to graduate with $1M in your PA, why are you worrying about near term earnings?  Determined
+5 You’re probably too bad to join it anyways.lol this idiot is either a white-knight simp that gets no pussy or a washed up, manly woMAN that men avoid. Analyst 2 in IB - Cov
+5 MD here. You need to be a big fish in an ocean. HarvardMD
+5 He forgot to remove “wow, that’s an impressive IC memo. Clearly you have some top notch ideas to deploy capital in this market. Recruiter in CorpStrat
+5 Great questions — and very relevant given how quickly workflows are evolving. 1. On higher value-add tasks for junior bankers: rafaelpoole5
+5 odog @digitalimmortality.com asmith_1
+5 It’s just a growth area for WF. Has been for a while. It’s a super competitive space and we’ve always been waaay down the league tables. A few years ago we were like 30. Now we are higher, prob around 15. Works at Wells Fargo
+5 PE-biz-dev GoodAsGoldman
+5 i did buyside for a few years and left to do IR (fundraising) as i was always more of a person who enjoyed conversing/making connections. could not be happier as i really disliked being an investor. Associate 2 in ER
+5 If still relevant. Managing Director in IB - Cov
+5 You could've just said Toronto lol Intern in IB - Cov
+5 Blockchain and/or digital payments are more a tangential story here - though there certainly are firms who are buying banks for their charters and/or trying to re-position themselves to take advantage of the fervor around Addinator
+5 Both of ur comments are directionally correct but somewhat exaggerated. I used to work at one and have a very close friend who work/(s) in the other. Intern in IB-M&A
+5 Yes, it is a high-ability job, but unless the role requires fields like pure mathematics, theoretical physics, or similar disciplines, it’s a hard stretch to justify describing it as “far-right tail intelligence.” Most hed Associate 1 in PE - LBOs