+5 seekinthealpha1Solution: petight
+5 MoneyEUMonkey odog @digitalimmortality.com
+5 People are generally respectful and do not care if you drink or not at networking events. You can simply have virgin and non-alcoholic options in such settings. johnny_quest007
+5 Nahh we all need to let the world know he’s a Nepo hire, so others around him could be careful and all give him the white glove service he expects Analyst 2 in IB - Cov
+5 You're blaming your manager for a mistake you made????!!!!! How tf do you not know YOUR model like the back of your hand. Get off tiktok and learn fucking excel jesus man.  larrysellers
+5 I hear you on both aspects!  asdfg123_
+5 I’d start looking, main reasoning is I think that one MD passed the buck onto you. If that continues it could get bad. Ehmerica
+5 Patriot  Analyst 2 in IB - Gen
+5 Breaking in is basically a two-step equation. First you need to get into enough interview processes, then you need to convert at least one of them Prospect in IB - Gen
+5 Macro is notoriously hard to break into as a junior. If you do, it takes a while until you can become properly useful, which is why juniors might be paid on the lower side for a bit. posositos
+5 MDORIB: Associate 1 in IB-M&A
+5 Most large banks, including GS, use scheduling portals that look automated but are still coordinated manually behind the scenes. Stephennyangwara
+5 Not convinced many of these commenters have actually been with a girl they loved lmao. It's a simple as do you actually love her an want to have a future with her. If you do, then you will make it work. Intern in IB-M&A
+5 I’m currently working at a smaller shop in that $1B-$10B range as my first job out of undergrad. CREMonkeyz
+5 Having started as early as high school, you can be proud that you have set yourself up well, where many people found themselves learning about IB too late or trying after graduating to transfer eg. Big 4 Audit. xwavzevwaewnsfdmvg
+5 Broke in from a non-target for SA '27. It is absolutely still possible to land something for freshman summer. Expect it to be unpaid. Intern in IB-M&A
+5 sasha_j24 dukeblue2019
+5 What if BofaA just tells everyone they are top bucket Analyst 1 in IB - Cov
+5 My girlfriend works there and always gets pretty bad bonuses relative to her friends at other banks VP in IB - Cov
+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 seems Henry Kravis liked it GS under Blankfein
+5 Some shops care about your ATAR, some shops don't. Associate 1 in IB - DCM
+5 (1) I have a genuine question for you. When were nuclear reactors first technologically viable? jl12
+5 I originally wrote some random jokes here but I’ll “sober” up and write in seriousness Hags28
+5 When a doctor tells you "I recommend you to not do X" instead of giving you the entire nuance it's not because the nuance doesn't exist but it's because he doesn't have 2 hours to explain the entire relevant biology, immun GS under Blankfein
+5 Evercore is S tier they were on Sealed Air and Smurfit Westrock primeyasielpuig
+5 I think the CFA charter can add significant value early in an asset management career, particularly because the curriculum is closely aligned with the work you are likely to encounter across investment research, valuation, Investment Analyst in AM - Equities
+5 My firm has started rolling out Claude and it's definitely a big productivity boost. It can create pretty nice-looking dashboards and cuts of data that would've otherwise taken me hours to do on my own. Lester Freamon
+5 Agree with everyone here but I will present a more cynical angle that I don’t think most people are focusing on: MDs largely know AI won’t cut it and that whatever they are asking will blow up your night/weekend, but they Associate 2 in IB - Cov
+5 I used to work in Houston IB then I transferred to NYC for the same reasons OP listed. I now deeply regret it. I make less money in NYC after taxes and I live like a peasant. Associate 2 in IB - Cov
+5 This year, they changed to be in person and have constructed a UFC-style fighting octagon in Weehawken. Intern in IB - Gen
+5 Didn't you make a post titled No life, only work where you talked about how you didn't have any hobbies I'm not sure how we went from such great quotes like: VP in PE - LBOs
+5 Theres one area of RE that is actually doing extremely well and is advancing at a fast pace. GreatCreamy
+5 100% agreed. VP in PE - LBOs
+5 I remember being super confused about networking this last fall. Took me a good handful of chats to figure it out. Unfortunate reality is there is no cookie cutter approach to networking. Prospect in IB - 5th Year
+5 I think your expectations of a junior are too high. There is no way a grad, or junior with even a year of experience would understand such dynamics. PM in HF - Macro
+5 I agree with what was said here, specifically, your process sounds to be fundamental alpha oriented and every tom dick and harry swears by it that they can pick stocks better than the next guy. Analyst 3+ in HF - Macro
+5 Lmao you wouldn’t be entitled to the job if you were smarter, more competent, and work harder than anybody else… they’d want you above anybody else. Dumbass prospectiveprospect123
+5 As someone who exited MBB at the 1.5 year mark post undergrad, I agree with most of what you said except for the YOE mark. Associate 1 in CorpStrat
+5 In the simplest terms, you have people focused on bringing in business versus executing on that promise - that's coverage versus M&A. VP in IB - Gen
+5 Well said Associate 2 in PE.  Associate 3 in CorpDev
+5 Bruh Santander not LMM and has solid exits / looks depending on the group, including MF anonymous184059
+5 both junior and senior people have been known to cry in the bathrooms. No one is happy and everyone is stressmaxxing Analyst 1 in IB - Cov
+5 Probably wouldn't get caught or ever face consequences for it. I really have no idea but theres gotta be a non zero % chance that gets flagged when you submit your transcript. Analyst 1 in IB - Cov
+5 From where? To even get into Frankfurt Offcycles most shops do a modelling test, with a case study, usually a three statement model, DCF or Paper LBO. That ranges from Raymond James to Houlihan & Rothschild. afdhfg
+5 Former employee here, I wasn’t directly part of this group but interacted with them and followed the platform closely. Director in HF - Other
+5 TLDR... life happens, I ain't special in that regard!A bit of the 411 for shits n' giggles for those who might relate... InfoDominatrix
+5 In all seriousness do you have mental health issues Incoming Analyst in IB-M&A
+5 I’m not a huge fan of real estate, at least not real estate in a mature market like NYC. The 500 index is much better bang for your buck imo, given that type of investing requests zero work. Smoke Frog
+5 Oh no my lobster's too buttery and my steak's too juicy. SOFT2theMoon
+5 I think before you get thoughts about leaving RE, for those of you who deeply love your hometowns or city where you live, rethink the impact you can have with a real estate career on these places you love.   odog @digitalimmortality.com
+5 It’s like I tell all the juniors at work, nyc is literally the best place on the planet to find a quality girl. I cannot think of a better place with such a concentration of rich and hot girls. Smoke Frog
+5 The only French mifs worth doing are hec or escp. Essec fumbled hard after covid. Their program is concentrated on a private tutoring service in France, which just speaks to the quality... adrien3
+5 You'd most likely be joining as a Senior Analyst or an Analyst, if not JPM(Junior PM), and since you said under a PM and giving out ideas.  bomboclatinvestor
+5 As of August 2025: Associate 1 in RE - Comm
+5 Holy shit a reasonable MD UBSRising789
+5 FinServces Ozymandia
+5 Good luck to interns in UBS trying to get return offers. Most groups aren't anywhere near budget, so doubt they will get a lot of spots for returns. Most groups have far too many juniors for their deal flow. Analyst 1 in IB - Gen
+5 You'd expect $350/400K just on hard costs alone, or estimated total cost per unit?  MF Dev
+5 Except we don't live in history, we live in the present. How does white boomers holding all the top positions and wealth help Gen Z white men?  Analyst 1 in IB-M&A
+5 If you can make money, do it. If you can’t, don’t. Nothing really has changed recently besides interest rates going from 0% to 5%. The industry started at like 15% rates. Hags28
+5 congrats on Columbia! qwert123@
+5 This firm is a dumpster fire - Consumer and Industrials are both dog shit, tech and FIG aren't much better. The culture here sucks and recent bonuses were god awful. Most people are trying to leave if they can. Analyst 2 in IB - Cov
+5 jefferymontenbeauberg Prospect in IB - Gen
+5 100% it’s not even one particular bank. Performative MDs and DEI Beckies rule Canadian banks.  Analyst 1 in IB - Cov
+5 Pack it up unc the new gens don’t have it like this Intern in VC
+5 skip the clubs. start cold emailing mds at 4am from your dorm. tell them you already run a personal book of 8 lbos on the side and your girlfriend is your analyst. ekfour07
+5 Appreciate it! Associate 3 in PE - Growth
+5 From the comments, I could see both being true.   odog @digitalimmortality.com
+5 This is an oversimplification - bias tends to happen much earlier in the pipeline - in who gets hired, who receives mentorship, and who ultimately gets promoted to PM. Associate 1 in PE - LBOs
+5 You're coming at this from the wrong angle. I would follow the rule of three: three sentences read in three seconds. "Hello {x},  FinnesseGod
+5 This business has largely turned into a race to deploy capital, raise bigger fund -> increase fees -> repeat. Some investments will work out, some won't so much. Associate 3 in PE - LBOs
+5 If you can’t research the countless # of times this post in some shape or form has been discussed in the past couple weeks in this forum, maybe research isn’t the job for you… Investment Analyst in HF - Event
+5 What do you like to do? Which position seems more interesting to you? You should do some soul searching first. I work in PWM not PE, but I'll shoot.  CarsnWatches
+5 You become a CFO by being a generalist, not a specialist - this is a major difference in the career path vs. IB / PE where specialized knowledge is rewarded. Associate 3 in PE - LBOs
+5 Pretty sure this has already happened. I'm also pretty sure it's just a normal routine layoff, there's pretty much one every year - sometimes Bloomberg/whatever reports on it, sometimes it doesn't. Works at Morgan Stanley
+5 I struggled with this a lot as an associate as well and for me a lot of it was feeling detached from the deals being tied to my comp given no carry at that level. Investment Analyst in HF - Other
+5 Least disillusoned Veritas associate. Analyst 1 in IB - Gen
+5 Embrace it and disclose it in your chats or interviews. People will understand that it is something you can’t control. Principal in PE - Growth
+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
+5 Agree on WF but not Baird. They pay badly and grind people to the bone… on the most boring MM deals possible  VP in IB - Gen
+5 Having worked in PE for a number of years, BD really depends on the firm. In some cases it is the main relationship builder with brokers and bankers and primarily are the ones that create the deal funnel. Senior VP in CorpDev
+5 My niece, who is in high school, tells me that the recruiting prep now starts in high school. FlyingBoat
+5 iMamba’s comment above is good in my opinion. Yes, benefits to actually building GP/Management Co value. Hags28
+5 lol lizard Analyst 1 in IB-M&A
+5 South Korea is a dying economy, possibly terminal. Tfr is below replacement rate already. Youth unemployment hits all time highs every year. People develop gambling addictions to try to escape poverty. Analyst 3+ in IB - Cov
+5 I actually agree with you to some extent. If you religiously track your macros, weigh what you eat, etc., there's actually a good amount of wiggle room. Even for me, I treat myself with some regularity (i.e. Lester Freamon
+5 (1) "I'll skip answering (1), since you aren't really looking for an answer there." jl12
+5 - Developer in RE - Comm
+5 Been there, my friend (albeit a different silly mistake). At the end of the day there may be some paperwork and some annoying emails, but you will be fine – full stop. Analyst 1 in IB - Cov
+5 No worries about the broad question!  chimpeus
+5 Ex MBB here, working on AI in Tech now. For generic work, AI is already useful: summarizing docs, turning messy notes into a memo, drafting first-pass emails, cleaning up language etc. Ex-consultant in Tech
+5 can confirm, I am the VP. alexcokke
+5 I moved from PE into restructuring consulting, and the comment above captures the core reasons well. Associate 2 in PE - Other
+5 Make sure you know M&A balance sheet adjustments (specifically goodwill and noncontrolling interests), and reverse LBOs (they give you a bunch variables including MoM/IRR and ask you to solve for the starting equity ch Prospect in IB-M&A
+5 ioncewenttoschool Ozymandia
+5 Do you have a non-compete in addition to the clawback? overandout
+5 My favorite touch is their website team page has "personality photos" included, but you can tell based on what they've chosen to show, that they in fact have no personalities (at least at the senior level). Principal in PE - LBOs
+5 Not only are you underpaid, but if this is an accurate representation of your contributions, you should have a significant amount of leverage. Principal in PE - Other
+5 Look at the difference between Claude's Opus 4.6 vs. the best frontier model from a year ago. Associate 2 in PE - Growth