+5 Their returns are largely mark to model (even their public stuff in many cases) and IRR for opportunistic credit isn’t a good metric. Managing Director in HF - Other
+5 As an international who came here for undergrad and now working in PE DO NOT DO IT. You will be fighting for your life in the H1B lottery after you graduate. Associate 1 in PE - LBOs
+5 Wasted 4 years of my career at UBS. Closed 0 sell sides. Dont join UBS Analyst 1 in IB - Gen
+5 There is absolutely zero concesus here. I do a rolling yield on cost. So all capex, fees, etc.  pudding
+5 When are we going to give up the whole DEI shit? usernameladiesman217
+5 I’ve originated 3 platform deals from stringfellows, a private members club in CG. GordonDebtCo
+5 Disagree with the IB associate. If it were a work quality issue it would show up across the group, not just with one associate. Associate 1 in PE - LBOs
+5 Yeah well Mercor supposedly already staffs for them - like when you’re reached out to Mercor the whole idea is you’re interviewing to work with OpenAI already and then hired by them as a contractor. liquidiot
+5 What’s with this stuff? I see you posting other threads and I’m not sure why. Can’t imagine anyone thinks it’s funny, or even thinks about it enough other than to click on MS. Do you think it’s funny? The Real Donnie Azoff
+5 . Associate 3 in PE - LBOs
+5 We often tell our repeat GPs that if they feel really good about a deal they should feel free to use our name in the bid process -- that being said we expect them to come to us if they use our name. disre
+5 This could be UBS Asia or UBS New York, they look the same Prospect in IB - Gen
+5 This is a story that deserves to be told Associate 1 in IB-M&A
+5 Hey it's me your boss. You're fired. I want your gun and badge on my desk tomorrow morning.  Determined
+5 If you want to be in LBO/Growth PE then Warburg is the place to start. If you want to be a career banker or potentially exit to one of the big multi-stage VCs then Qatalyst is probably the best you could ever hope for. PrivateTechquity 🚀🚀🚀
+5 Reservation at DorsiasIt might be the equivalent going from:  Associate 3 in IB - Cov
+5 I think luck played a huge part in her journey, and it takes a lot of time and diligence. I also think one of the bigger challenges you described is the upward mobility. Associate 3 in CorpDev
+5 Apologies for the late reply - just realised I had notifications turned off from WSO. Associate 2 in PE - Other
+5 Yeah for sure - I started the lateral process 3 months into my stint because my original group lacked deal flow and at that time I was prioritizing deal flow to try to get into PE. johnb2001
+5 I would have plowed way more chicks Partner in RE - Comm
+5 BuySideInternYou don't really hear of people in REPE crashing out or dying while on the job. Yet.  IsItREPE
+5 I am in LMM M&A ($100m-300m EV) but came from a target so as you can imagine I did initially want to do BB/EB. Analyst 1 in IB-M&A
+5 Clearly a trolling post, but realistically GUGG Houston comps are closer to firms like Donovan Ventures, Opportune, and Legado Advisors. SMU Final Boss
+5 I agree, but I also get it. This site is mostly made of college students and fresh grads, so everyone has really big dreams. Fred Fredburger
+5 Congrats on mechanical engineering! Prospect in IB-M&A
+5 There is really no on the ground boots in Ireland for virtually all investment banks. Maybe you’ll find some local boutiques. Ireland is covered by UK&I IB coverage teams out of London. Associate 1 in IB - Cov
+5 Devastated that haven’t close any M&A deals in the last 2 years, but only refinancing Analyst 2 in IB - Gen
+5 Congrats on no live deals that will close! Intern in IB - Cov
+5 I might just be a dull bulb but unlike other people's reactions so far, I like this line of thinking. Associate 1 in RE - Comm
+5 Why are Brits total simps for Muslims and obvious extremists that want to destroy the west? Xhamster02
+5 There’s a pretty clear difference between “I hate pizza, it’s gross” (subjective food opinion, no one cares) and “I hate Italians, they repulse me” (personal insult). sasha_j24
+5 Once you get the itinerary they should give you the details. If it's an internship, and there's many of you, they may handle the flights, logistics, and even shuttle/pickup from the airport. Addinator
+5 I would say typically in the office from 8:30 - 6 pm and answering emails at home when not in the office with the occasional work on the weekend for a few hours to catch up. Also traveling almost every week for 1-2 days. Assist. VP in RE - Comm
+5 Associate quality has definitely declined. But the first comment above is spot on. It’s psrtislly a generation thing. Associate 3 in PE - LBOs
+5 Come on man you know you’re straight BS-ing with that statement 🤣 Analyst 1 in IB - Gen
+5 Agree, the smartest people in my group are usually the ones who are prioritizing exits and don’t give a fuck about their current job. Analyst 1 in IB - Cov
+5 but they usually are about tips and like introducing each other. usernameladiesman217
+5 I’m in my 30s and have been reading/posting here for over a decade. It’s honestly just part of a broader dilution of the internet. VP in PE - LBOs
+5 I got your point thank you misskels.tb
+5 As someone with close friends who are now MD level in banking and partners at big white shoe law firms and has a decent idea of what both make, it seems like a pretty similar track in terms of comp. Ozymandia
+5 Don't think they can't cross-check that pretty easily at any bank, HHs have contacts everywhere. Lying is a bigger auto-ding than no return. Associate 3 in IB-M&A
+5 Mmmm yummy Analyst 2 in IB - Gen
+5 Here's my book on starting a hedge fund: Set up a DE LP, find 1-5 fnf to raise >$1mn, and then talk to booth bay / leucadia to get your first stake.  longandshort
+5 I second this. Senior Associate at an ODCE fund.  aspiringcoolperson
+5 Is UBS non-target friendly ? wuandale33
+5 Some things to consider: ccfarmer
+5 Or the 1919 White Sox, doing everything to enrich themselves at the expense of the greater team and fans/analysts Associate 2 in IB - Cov
+5 More like 2024 Chicago white Sox  Associate 1 in IB - Cov
+5 Tbf, “Roshan” does seem like a little bitch. Fjsjrjdns
+5 I hear you bro. The performative MD benefits from their hiring and promotions. He is aware of their shenanigans but turns a blind eye because his bonus is linked to their inclusion. Associate 2 in IB - Cov
+5 Option 1 to me.  I/S generally gets a bad wrap here, but when you're on a top team in a top market with top deal flow, that's different from the typical IS team. asmith_1
+5 Analyst 1 in IB - Gen Director in CorpStrat
+5 The market got more mature. When that happens the low hanging fruit dries up and allocators get more discerning/risk averse when making funding decisions. That means they are more wary of managers that just got lucky vs. Determined
+5 Have good genes to start so your kid’s intelligence and looks are a cut above average (nothing extraordinary needed). Partner in RE - Comm
+5 he went to bowdoin tho, target af Intern in IB - Cov
+5 “Why am I right and all the banks are wrong?” user_5991
+5 I'll try and break down the thought process. MBA_Moron
+5 Number 2. Most of the best senior bankers are MBAs. Partially because more MBAs stick around, and partially because the skillset of a good senior banker is totally different than what makes a good associate/VP. RBOB_squarepants
+5 I've been graduated long enough for most of my CU friends to have left banking unless they want MD/are moving on from their PE jobs post banking/going to or wrapping up biz school.  Works at JPMorgan
+5 Dgjauwvwbsj CRE
+5 Analyst 1 in IB - Gen thewageslave
+5 My old boss could do that too. It’s neat, but it’s more of a generational parlor trick than anything. CRE
+5 Just want to throw out a nice FUCK Alexander Chapman recruiters. Do not engage with them whatsoever.  Works at CBRE
+5 I would suggest you first spend some time in your new job as you may find yourself liking privates much more than you expected and "exits" may not be that much better (e.g. Investment Analyst in HF - Other
+5 Perspective from the UK: unders
+5 If you're an ASO (you said "some time" but your title says ASO so idk) at an established firm with a good brand, have momentum/prior successes to point to, and are clipping a great salary tbh you're probably better off doi PrivateTechquity 🚀🚀🚀
+5 Congrats on starting full time! spudrmonke
+5 Last real summer you'll have for a while, use it. Travel somewhere that actually requires effort to get to. Get in shape now because you won't prioritize it once you start. greenlithq
+5 Moved here from a similar part of London ~3 years ago with my wife, both in our early 30s. Also work in Midtown. Also live in a 2-bed in Manhattan. You’re going to be in for a shock about how expensive everything is here. The_Fisher_Account
+5 Your flat is 1,500 quid? Very nice! Associate 3 in IB - Cov
+5 Repeating a reply as a comment for wider exposure… Associate 1 in IB - Gen
+5 Being present for my loved ones. Rest of my life right now feels very bleh / meh. Glad that I can at least do that and love being there for them. NewIndustryHorizon
+5 yeah, knew lots of guys who got burned out keeping up with the LLC formation and annual minute keeping... Steam
+5 At the risk of sounding harsh, if you have to ask this, you likely won’t make it without a mentality shift. econometricks
+5 I was exactly like you and struggled a lot at the start of my junior years. Sounds like you are a hardworking fella but the mistakes keep happening despite your effort. Mastery 7 IB Shitter
+5 The unfortunate reality is that people won’t change their habits or behaviors unless it comes from the top down, not bottoms up feedback. AnonymousPEassociate3
+5 Tbh, I think apart from just the idea of setting up a model and very big picture structuring and considerations, even after doing a few of the courses, I never found them that helpful (for reference, most of the ones I did Recruiter in CorpStrat
+5 Probably the most unprofessional and poorly run interview process I’ve ever been through. If any indication — do not work here.  Analyst 1 in IB-M&A
+5 As a Pole don't like your comment. Anyway, If I were you I would start in GS, UBS (this forum would like it), JP Morgan etc which have SSCs in Poland. PZ2725
+5 1.I doubt a middle aged mother is trying to murder cops. I could kinda see my wife panicking and driving off too given she is more anxious than I am. m_1
+5 Yes, comments here are largely accurate for BofA teams globally. London can still be strong in a few groups, but very group dependent. thunderbird_neo
+5 for firms in that tier, generally take the first reasonable offer you get unless you have something else in the final stages that can wrap up before the offer deadline. Works at Citadel Investment Group
+5 I’m gonna be honest, don’t do that. You’ll look like a dork. You already have an offer, why do you care? Analyst 1 in IB - Gen
+5 I would pump the breaks on the above regarding golub. Spicy Bagel
+5 Agree don’t have enough background and generally not a nice move. With that said sense is some of it due to bankers sometimes feeling their oats / asserting themselves in not so great ways. Anonymous Monkey
+5 I agree with a lot of what you said especially what you said about a career as a big tech swe. Even then I would say its not entirely true as there are always landscape changing tech companies which pop up. monke33
+5 Don’t look in his general direction, actively stare into his soul regularly You’re losing this war at the first hurdle because you’re bitching out from the outset Associate 2 in IB - Cov
+5 I don't know if small deals a priori lead to big ones.  However, small deals almost require you to be hands on in terms of maintenance and admin. Ozymandia
+5 Reputation: NERA and CRA are generally strong across the big practices, Bates White is known mostly for antitrust / competition but have some presence in other practices too. Analyst 1 in Consulting
+5 PEarbitrageHis actual position could be dog catcher on the moon. The relevant point is that he was paid to do something he rarely even bothered doing. Ozymandia
+5 never take a job you aren't 100% sure about (unless you're in certain scenarios) because 1) you risk losing interest/underperforming/being fired, etc. Investment Analyst in HF - Event
+5 You need to look at the financials and with the broader context of the business, decide whether or not you believe that the company has a chance to have an outcome (IPO, buyout, recap, etc.). risingscholar
+5 I work in CRB trading at BB, and I've seen many of  my teammates exit to this IAC/CRB for Cit, MLP, P72 and still remaining good relationship with them...this area is significantly pigeonholed, and agree with the abov qualea
+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 BofA…dees nutz in ya mouth… Associate 1 in IB-M&A
+5 Thank you! Some great color here but not everything is accurate. HL lost most of their senior deal makers and now have only a junior MD, who focuses more on fiber. They have barely done any DC deals. Managing Director in IB - Cov
+5 houston moves first to arbitrage your anxiety. they lock talent before new york opens the floodgates. OFFERGOBLIN
+5 Been on both sides, currently back in brokerage.  There are significant pros/cons to each, namely stable W2 income vs. Ricky Sargulesh
+5 Hi ____, My name is xyz and I’m a freshman at … I’m super interested in public markets investing and would love to learn more about your experience if you have the time! Intern in HF - EquityHedge
+5 What too much sex does to a mf Summer Associate in HF - Event