+5 Have you considered that you may not be cut out for this industry? 38, started out of undergrad, and not able to originate ideas is not good, regardless however many times you’ve leapt around sectors/firms. Analyst 3+ in HF - EquityHedge
+5 Not a traditional form of real estate, especially on this forum, but the corporate real estate world has been pretty much booming. GreatCreamy
+5 One of my first corporate jobs was for a Japanese bank in the 1980's.  Our offices were at the World Trade Center and it was very Mad Men, in a number of ways, in that we sat in rows of desks, no cubicles. InfoDominatrix
+5 Contrary to some of the comments above, I think it’s ok to feel this way. coolio9966
+5 To answer succinctly:  No, the market is not too efficient for activists. Mostly because there is still persistent abhorrent governance, especially in smaller areas of the market. Analyst 2 in AM - Other
+5 My advice, go do banking. It sounds like you have an offer at a BB bank. Investment Analyst in HF - EquityHedge
+5 ojapar20AI is not a bubble. Wrong, wrong, wrong.This is the only thing I've seen called a "bubble" for a whole year that has yet to pop. CRE
+5 Charity is one of the most pointless things you can do. You would have a far bigger impact on people by taking the money that is going to charity and using it to actually start something and grow it. PEarbitrage
+5 Part of what makes something prestigious is that there's a sort of 'mystique' around what the professional actually does. GS under Blankfein
+5 Have heard a lot of people do the mass blasts / cold outreaches and think this should be the last option. Anonymous Monkey
+5 Anyone hear anything since hirevue completion? Analyst 1 in IB - Cov
+5 Over the years, we have received hundreds of updates from former clients attending top MBA programs and see the opposite of what you report. David White
+5 learn to spell Prospect in IB - Cov
+5 I was paying about $800+ a month on my student loans, and that was the minimum payments. Had about $74k in undergrad loans and $171k for my MBA.  Fast and Fiduciary
+5 Managing Director in IB-M&ANot at either firm but could speak from my own experience and 20+ years on Wall Street.  VP in PE - LBOs
+5 Not impossible but going to be tough - in my time I’ve seen a handful of people come straight from a short list of Canadian universities (McGill, UofT, UBC, Ivey and maybe Waterloo). Monkey.D.
+5 The reason on cycle is a thing is because private equity kind of sucks these days and they rely on reputation to get you early. Managing Director in IB-M&A
+5 I'm surprised you're not getting much traction with HHs if you say you're at a large asset manager (only a few that are truly large and they should all open doors)... Investment Analyst in HF - Event
+5 It just means slow to adopt companies will be crushed by companies that can adapt to tech faster. m_1
+5 There is a guy that I started with at my first life company 15 years ago, both in debt. CRE Credit
+5 My old boss could do that too. It’s neat, but it’s more of a generational parlor trick than anything. CRE
+5 boutta lateral there for the agarthan huzz JJPineapple
+5 Generally, I would say capital flooded into PC from 2018 (~$1tn) to ~2022 (>$2tn). More recently capital flowing in has plateaued (2025: ~$2.5tn) and we've heard pension funds etc. Reservation at Dorsias
+5 Commenting for tips for others: wean off then cold turkey is by far the best way to go. seekinthealpha1
+5 Honestly I’d take Wells Fargo CRE Banking over UBS REF pretty easily. UBS CMBS is interesting, but it’s very product-driven and tied to securitization cycles. bananan114
+5 You could've just said Toronto lol Intern in IB - Cov
+5 +1 SB. Agree with the above but beyond this, there are additional reasons that oil & gas is so sweaty: an endless amount of acquisition and divestment ideas. IBWriterMachine
+5 Gotta stop with the rankings, it really depends on what you want (ie. bigger vs smaller program) and your goals and don't underestimate the impact of location. Developer in RE - Comm
+5 What’s your take on LMM? You talking software or painting with a broad brush? Typically have way more control via covenants in LMM. liquidity needs if issues arise are smaller dollars and easier to solve. Swine-Linked-Notes
+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 you cannot escape multiple contractions even if earnings are fine. Next earnings call earnings will be moderate, but their forward capital raising estimates will most likely be $0. GridironCEO
+5 She was merely diversifying the sidewalk by including trash. Don’t worry, taxpayer equity will fund the cleanup, of course. VP in PE - LBOs
+5 I would suggest concentrating your attention to working with good corp dev recruiters (Charles Aris, etc.), some local boutiques in your city / target city (in my Tier 2 city there's too many to count) and even touch base Director in CorpFin
+5 In Switzerland, UBS is by far the number one bank. Credit Suisse has already been fully merged into UBS. Spider44
+5 A couple of notes (I don't work in strategy consulting, which is what I assume you're asking about): Lester Freamon
+5 ojapar20 Ozymandia
+5 Who gives? Prospect in IB - Gen
+5 Would be really cautious about joining and depends on your long term career goals and how much you are willing to sacrifice now. Analyst 2 in IB-M&A
+5 The SG office covers all of SEA and I recall they were very active a few years ago primarily investing into TMT and FIG. It's more minority / growth equity oriented than LBOs, and therefore quite cyclical. VP in PE - Other
+5 Ignore above commenter entirely, they’re just echoing nonsense they saw on this forum that started with… who knows or cares. Prospect in IB - Gen
+5 Not to pile on man and don’t know your specific situation. But even for MF/UMM Sr Aso with top background it can take months to years to “never”to find the “right” role in this environment. Associate 3 in PE - LBOs
+5 I don’t have any secret sauce on building those relationships. Work hard, ask questions, own up to mistakes and learn from them. If you build trust with your boss, they will be much more willing to help / mentor you. M_As_In_Mancy
+5 Energy/P&U is definitely sweaty adm98
+5 I’ve used ChatGPT, CoPilot and Claude. Claude is by far the best, hands down. ImagineSisyphusHappy
+5 Thanks mate, great background and question. Deal Kangaroo
+5 Should I try to incorporate the fact that I know the lack of live deal experience for their analysts into my "Why IB?" or "Why should we pick you?" responses, and express my "love" for that kind of work? Analyst 3+ in IB - Cov
+5 unlike banking (or even PE) base comp isn't really standardized though some firms "catchup" to the perceived market rate if you negotiate enough (if they are under market). Investment Analyst in HF - Event
+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 My understanding is these firms have very small teams in London. Definitely nothing structured. Analyst 2 in IB - Cov
+5 This is what happens when someone whose entire understanding of finance comes from WSO threads tries to speak on a market they've never touched. VP in PE - LBOs
+5 the man is practically on WSO death row 😭 Prospect in IB-M&A
+5 Apologies to hear you were in NYU QFS, I do hope ducera isn’t grinding u too hard. Intern in PropTrad
+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 What no no no no. You’d rather be with Becky than Sanjay and Tyrone right. You wanted this. Go fuck yourself bro th most famous alumni of your school is Abella Danger. user17367363
+5 I'm always extremely interested in the post-startup-failure details of these stories, so thank you for sharing where you are today. I have a few questions: Manager in CorpFin
+5 The heat up is definitely more on the strategic / strategic side rather than financial sponsor activity, but the market volatility doesn’t have as quick of an impact on debt rates for LBOs. liquidiot
+5 Range bound oil $60 - $70 feels like a nightmare for upstream oil & gas PE. Not low enough for distress, not high enough for lucrative success. Anonymous Monkey
+5 @thebrofessor  - so lilboosie
+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 For the most part, it's going to be publics-first shops where you get to do both (aka an overwhelming majority are public investments with a few private investments). Associate 1 in PE - LBOs
+5 Almost got a heart attack when I saw "big 4" in S+++ Inside doesn't matter
+5 I mean Copilot is cooked from the beginning tbh. Used to work at McKinsey and I definitely got addicted to Claude Opus. I think it got to a point where I could not do anything without it anymore. Associate 2 in PE - Other
+5 DEI equates to Women, black / Hispanic men, and LGBTQ+ VP in IB - Cov
+5 Marco should be next… his job is to keep the place steady and protect people from a disaster like this. Associate 2 in IB - Gen
+5 You have to be absolutely sure you can make it in BUDs; otherwise, you are an undesignated sailor who is chipping paint. 18x is a lot more seasoned guys. MeltedIceCube
+5 Didn’t get the superday huh? Chin up son VP in IB-M&A
+5 You are correct. The first version of my system was live when I posted that comment. TheorPhysicist
+5 bump Dodo_Lab
+5 Where tf did you get that? Ozymandia
+5 I'd pay attention to the funds making it to the final round of competitive processes. I work in a top HC group and you'd be surprised at the check sizes that MM funds can write. Intern in IB - Gen
+5 asmith_1 pere797
+5 Congrats on PIMCO! Benson Says
+5 I can't tell you whether I recommend transitioning to a MM without knowing what your objectives are. Are you looking to maximise pnl? Are you looking to take more short-term bets? Investment Analyst in HF - Other
+5 No that’s true for mid-tier groups too. Even now, people vastly underestimate how bad the experience and exits are at UBS.  Analyst 2 in IB - Cov
+5 He’s not getting ragged on for not having made PM. Research Analyst in HF - Other
+5 Be sure to have an answer for why you want to work at Wall Street’s Seal Team Six (12% fund level IRRs btw) Intern in IB - Gen
+5 Meh. We all know it happens, and not just in this industry. What matters is whether the nepo baby performs well. Angus Macgyver
+5 This does change things as you're more senior than I realized. In this case, I'd caution you to consider that upward mobility in PE ops can be hard without operating experience. SaaSChimp
+5 As others have mentioned, not a lot of multi transacting in DC and MoCo because of TOPA and rent stabilization laws, respectively. Developer in RE - Comm
+5 the hardest part was the underwater paper LBO Principal in Private Credit
+5 Black Gen in top tier is ridiculous. local_finance_bro
+5 I think you forgot about DECA and FBLA, mandatory high school ECs to qualify for IB Prospect in CorpFin
+5 I'm hoping to clarify since you evidently thought this was a useful post to birth into the world: Classica
+5 Autistic hardo behaviour from a totally irrelevant fund VP in PE - LBOs
+5 1. Centerview 2. PJT 3. Moelis  4. Evercore 5. GUGG 99twotwo1
+5 These fat mouth breathing parasites have their tentacles all across American corps and are a net negative - instead of hiring/promoting on merit, these parasites hire based on whether candidates have a vagina, race, sexual Analyst 2 in IB - Gen
+5 This is why I turned down a MM PE offer for a lower paying series A role but I foresee greater opportunity to be in environments where great economic value is being created that I can capture. Analyst 2 in IB-M&A
+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 having tons of sex instead of posting on an IB forum will do you wonders Prospect in IB-M&A
+5 This industry isn't what it used to be; there's been a lot of pay compression since the Lehman Days LeBamboo
+5 UBS GB sucks. If we werent tied up with WM we would have gone bankrupt long ago. Analyst 1 in IB - Gen
+5 Touché lmao, I’ve been on SS ER for three years and have seen 90% of HF analysts laid off. Like shockingly high frequency, all 1-2 tenures and PMs too. Associate 2 in ER
+5 There are actually people out there who believe the future of the U.S. economy is dogshit vibe-coded SaaS slop Associate 1 in PE - Other
+5 Just put the fries in the bag Intern in IB - Cov
+5 Crashing straight into a brick wall is our craft! Prospect in IB - Cov
+5 del liquitity-justquit
+5 Best thing you can do is just acknowledge it. When I tell people (dates especially) that I'm in banking, I give it a little eye roll and acknowledge I'm in a generic d-bag industry. It helps you look normal. QE_Infinity
+5 Global brand doesn’t really matter if you’re already VP level unless you have future lateral plans. Amazon Prime
+5 Before you start I would ask if they’d provide any guidance on time allocation or the goal of the case. Is this a quasi modeling test? If so spend more time there. M_As_In_Mancy
+5 If white and Asian men aren’t hired by UBS, that’s a bullet dodged. It’s really doing them a favor!  Associate 1 in IB - Cov