Highest Ranked Comments In The Last Year

+5 Two juniors were let go. At leaset in NY. 7-8!people at THP, entire LA tech team, and more Analyst 1 in IB - Cov
+5 Appreciate it! Associate 3 in PE - Growth
+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 Entourage, it’s just too good not to include AM Analyst
+5 Kids whose hobby is fashion appeared as a model in a fashion magazine and did not say anything negative about their employers.   If they get fired for that, it would be incredibly pathetic.   Soros_
+5 Many reasons. deas7
+5 I don't see much of an issue with your background. I used to be at one of Alix / FTI, and there were a number of people from Big 4 firms, however most of them were from a deal oriented group. CFO in CorpFin
+5 Then you might be cooked for the investment club -> Left Lane Associates pipeline. You need to present your pitches in Punjabi for the $1 million dollar virtual portfolio. oldmanpushingcart
+5 Talked to PMs, heard positive things about the people leading this program Associate 1 in HF - EquityHedge
+5 Suprised there’s not more action o tbis post. Saw it on the news and came straight to WSO. There’s no way it goes through due to regulatory reasons. I feel like it just is bound to get blocked pbwind2024
+5 No reason for me to “cope”, I’m well beyond my analyst years in a revenue generating role. VP in CB
+5 Remind them that they blew a 13 colony lead. VP in PE - LBOs
+5 Overall, my ranking, if you are international is:  CMU MSCF > Baruch MFE> Columbia MFE > Stanford ICME  Columbia MFE placement is likely lower bc: Associate 1 in PE - LBOs
+5 So ~50 IB summer seats across Bay Street in total when you include the Big 5, U.S. bulge brackets, elite boutiques, and the reputable boutiques gkk1234
+5 Response to B) i would agree that a small number of earlier vintage funds did return 9-11% but that was when the market was a tiny fraction of the size and it took a massive bull market in PE plus PC expansion to get there CPDDOUGH
+5 (1) I have a genuine question for you. When were nuclear reactors first technologically viable? jl12
+5 It doesn’t lead to “lower quality underwrites”. You think a bunch of CLO investors with $10MM tickets are doing more research than PC megafunds that hold up to $1bn? deas7
+5 larry david Ozymandia
+5 I think a lot of people that go down this path are chasing validation through external means - having a sexy career, making lots of money. I definitely was and I know lots of friends who went into IB/PE who were as well. apetrynamakeit
+5 Thanks so much for doing this. Very insightful and goes a long way for people who are really interested in this stuff. A few questions: Associate 1 in PE - LBOs
+5 lol, not true for an entry level PE associate with 4 YOE, quite literally every exit option available to a 2nd year IB professional is available to a 1st year PE associate liquidiot
+5 Again it is more important to think about this as annual $ vol vs. $ drawdown limit. For example managing $50mm in annual vol usually means you can afford to drawdown $50mm before being cut in half.  PM in HF - Other
+5 I'll skip answering (1), since you aren't really looking for an answer there. (2) Mothballed, right? That probably has to be the answer for the foreseeable future. CRESF
+5 The job market is efficient and prestige is priced in. I run from anything considered prestigious or well known, you will pay for it in other ways  Analyst 1 in PE - LBOs
+5 (1) "I'll skip answering (1), since you aren't really looking for an answer there." jl12
+5 Fair enough. Sounds like you had a bad experience working with a specific team/group, and yes, not all teams are home runs. And yes, some legacy bankers are ass. Analyst 1 in RE - Comm
+5 lol I just refreshed and saw another long post… “shit did I double post”  VP in PE - LBOs
+5 Worked for 3 years at Bain. +1 this, I disagree with the other takes in this thread. Do cool shit, be an interesting person, get good grades, take leadership roles on campus. Analyst 3+ in Consulting
+5 People are definitely overthinking this. Trump thought Iran was weak and US + Israel could deliver a decisive blow so that the conflict would be over quickly. larry david
+5 First of all if this all 100% honest, I’m really sorry man. I’ve seen people break into elite places with way less experiences than you. Analyst0910
+5 This is a great write up, the TLDR is the U.S. basically turned a 20+ year Cold War hot & wants to avoid a situation where Iran has to be taken seriously as a world power if they have nukes. liquidiot
+5 wow good job bro risking your health / quality of life for a job that would fire you in 15 minutes. Prospect in IB-M&A
+5 From someone who is a first year analyst there (not me but my buddy) it is a sweatshop but pay is good. Prospect in IB - Gen
+5 Your thought process isn't crazy as plenty of sellside traders at least at the top tier BBs go to pods or progress for awhile and then get hired as associate PM at a big asset manager vs. Research Analyst in AM - FI
+5 I'll start dressing like they did 20 years ago when they start paying us like they did 20 years ago PapaHemingway
+5 Trial balloon for sure Associate 1 in IB - Cov
+5 Nigga don’t u work at BMO U should know Analyst 1 in IB-M&A
+5 Can confirm in the work and the team is working on the best messaging approach, saves millions in costs Associate 3 in IB - Cov
+5 What’s the point of networking if it’s not oriented towards getting a job (or building business)? Amazon Prime
+5 Youre definitely an IU freshman rooseveltfan
+5 for assoc1? its going to be the same channels as other recruiting. even LMM firms still go through the headhunter route. Associate 3 in PE - LBOs
+5 Not in MBB so take this with a grain of salt if you want. I'm one year out of school and went to a non-target (as my username suggests). DJtheNonTarget
+5 (1) "Okay, so a very long winded response to explain you’re resorting to semantics instead of substance." jl12
+5 USC is def the 2nd strongest west coast school for finance from what I’ve seen. Or at the very least tied for 2nd best. Underrated semi target (I suppose target for west coast offices) Prospect in IB-M&A
+5 C'mon man. I've played around with the Claude excel tool plenty (I wrote the review on WSO). Calling it better is just not true. You have to watch it like a hawk. larry david
+5 My own firm and use OPM. jl12
+5 thank goodness he went to a target otherwise he probably never would have heard of – McKinsey, is it? SOFRsoGood
+5 The gist of my response, which you are not getting because I am doing a poor job at explaining this, is that IP theft means something specific. jl12
+5 a) Great, you’ve acknowledged you’re in the first 1st analogous group to the engineers. Mid-level professionals who understand the core skills are primed to use the tech well because they know the core skills Works at Goldman Sachs
+5 Yep agree. Those played a role for certain. I’m not here to defend the catastrophe in Gaza. WSOBURNER69
+5 How is uploading a client version of a financial model not protectable IP when one tab includes an entire snapshot of its CRM at a point in time? Works at Goldman Sachs
+5 Congrats on UBS issabanker
+5 Uh, I mean, stop looking at it like abstract numbers on a page, and start by looking at it as an actual business. Why do you buy a business? Because you want money from it. usernameladiesman217
+5 Honestly just go do something that’s interesting and makes a good story. You’ll have plenty of time to look at a 10-k later. Find something where you’re outside if possible and speaking to new people. Associate 2 in IB - Gen
+5 Have a lot of unprotected sex so your army of offsprings could make you money in your 30s Prospect in IB-M&A
+5 Congrats on PWP! optimusprimerate
+5 I was recently hired by a data center developer for what we can say is an analyst role. jl12
+5 I very much prefer when “unpleasant things” are removed from my daily life. That said, I don’t imagine too many of us are advocating for incinerating the homeless. Pretty quick pull on the nazi card though, respect dude. speedball
+5 These perspectives are outside-in as a former MBB now on the investment team, but my view:  SaaSChimp
+5 Mods are removing my comments as this site is ran by a Williams alum. Tells you all you need to know. A/W do not reward top talent, up to 90% of placements are nepo and you will have an atrocious college experience. Intern in IB - Gen
+5 I go to one of A/W and encourage you to avoid it like the fucking plague. Intern in IB - Gen
+5 The only good thing about AI so far is that it’s weeding out idiots like this much faster. liquidiot
+5 “Sorry everyone, I meant to send this to [colleague] joking about how terrible AI is and how much better human judgment is in our line of work. Carry on.” crazylifechoices
+5 I love this website rooseveltfan
+5 Also at A/W, people do historically place well, but most of these are athletes/diversity.  Prospect in CB
+5 Lev Fin hires have been very strong. That said, that’s also relative to what the group once was. I’ve heard the culture under the newer senior team is solid, and they’re generally pretty personable. extraspacebra
+5 Well said, I dont disagree with anything you said. I do think WF is on the upswing and is definitely trending in the right direction. Deal Team Six
+5 How bout that red 18? KageSelly
+5 If I were in your shoes - I'd target jumping from sell side to an AM firm first. Take your experience, coverage area, and pitch yourself to be an LO equity analyst at an LO AM of really any size. Addinator
+5 Gang I know people who are in Disneyland for their orientation😭 Which bank is doing this to you? Intern in IB-M&A
+5 ILOVEBANANAS123
+5 Congrats on UBS Analyst 1 in IB - Cov
+5 patrick_bateman_ Ozymandia
+5 To answer this question, I would look at it more as a question of do you know the fundamentals of an LBO. PeRmAnEnTiNtErN
+5 I know it's been said already, but you need to leave that firm immediately. Your total comp isn't even close to entry level associate comp - you're quoting numbers I heard back in 2010/2011. research_guy
+5 As someone who handles a lot of NDAs for my bank (3 process about 500+ NDAs processed last year), I found that a averaged about ~10 minutes per NDA of review, and an additional 2-5 mins of response. PeRmAnEnTiNtErN
+5 I’m convinced that the soft-on-crime pivot by dems is the result of foreign subversion to destabilize society. Who else would champion career criminals roaming the streets? VP in PE - LBOs
+5 Great questions — and very relevant given how quickly workflows are evolving. 1. On higher value-add tasks for junior bankers: rafaelpoole5
+5 Agreed, I’m an AN2. This industry really doesn’t get better with time. Have worked with VP’s / Directors who are still pulling 1-2AM nights Analyst 1 in IB - Cov
+5 Analyst 1 in IB-M&A
+5 He’s not getting ragged on for not having made PM. Research Analyst in HF - Other
+5 “Gmail” Intern in IB - Cov
+5 The effort you put into a question is largely proportional to the effort others put into answering it. Burke
+5 My Japanese interviewer asked me “tell me about yourself” in my Nomura interview last week. I responded in fluent Japanese with “Hi, my name is Hentai-San. I like going drinking strong zero and going to soaplands. Associate 1 in IB - Cov
+5 just keep your head down when you pass by the gym intern bouncer and you should be fine Intern in IB-M&A
+5 Have worked with these guys and liked their style personally. Sharp but still reasonably "human" and a great network around the fintech world (a better comp might be a mini-FTV). PE-biz-dev
+5 I assume you bought that online because you thought it would fit differently?Ask them if they could make it a habit to arrive on time on a day when they arrive early Ask them to grab something f Deal Team Six
+5 base salary at big4 in TAS is about the same as in IB. so unless your bonus is 200%+, you're not making 3x of what big4 TAS people make. Kevin25
+5 GS is very comfortably above and beyond anyone else at this point, they have like what? $300B lead in M&A league tables over the next firm, which is JPM with a bigger platform. This is only for M&A. Analyst 1 in IB - Cov
+5 I think AIF looks for people who are very smart, but importantly have something outstanding about them, like jeff, or some award, or unique internship experience. Prospect in IB - Gen
+5 I heard the work is so interesting that you don't want to go home lucien_de_montclair
+5 UBS not #4 Associate 3 in IB - ECM
+5 UBS not #7 Associate 3 in IB - ECM
+5 UBS not #12 Associate 3 in IB - ECM
+5 UBS not #14 Associate 3 in IB - ECM
+5 Y’all gotta have better things to do than engagement farm UBS posts 😭😭 Analyst 1 in IB - ECM
+5 No shit Sherlock  Analyst 2 in IB - Cov
+5 All EBs are getting overrated given their scale. They are no longer go-to shops for large-cap M&A. Even EVR is doing a lot of MM BS mandates that are honestly JEFF level. CVP is also getting there. VP in IB - Cov
+5 We are Deloitted to have you here! Analyst 1 in S&T - FI
+5 UBS appreciation post randomfreshmanguyuva