Highest Ranked Comments In The Last Year

+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 Thanks mate, great background and question. Deal Kangaroo
+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 Apologies to hear you were in NYU QFS, I do hope ducera isn’t grinding u too hard. Intern in PropTrad
+5 Thanks - this is really helpful perspective. The day after we walked away I was questioning if it was the right choice. Associate 1 in PE - LBOs
+5 That's fine, but as a first job out of college, there is a lot of opportunity cost with that decision. Investment Analyst in HF - EquityHedge
+5 Nigga don’t u work at BMO U should know Analyst 1 in IB-M&A
+5 We, unlike you, are not castrated. Have a good one! Capital of Structure
+5 Headcount issue and those contradictory comments are bank’s legal cover. Bear in mind that ~50% seats are reserved for women.  Executive Director in IB-M&A
+5 Was in your exact shoes not too long ago. Interned at an incredibly strong group think MF/ Top EB, and for headcount factors as well as structural (nepo/DEI) reasons they had to take the other interns ahead of myself. 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 The tailwinds for the asset class are strong, but no one can tell you what a 10-20 year career will look like in secondaries. The industry isn’t even that old. SmackOfHam
+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 I think you forgot about DECA and FBLA, mandatory high school ECs to qualify for IB Prospect in CorpFin
+5 Black Gen in top tier is ridiculous. local_finance_bro
+5 I think you are generally correct that travel is down across the board post-covid, even for a lot of Rx firms. I can't speak for any of the big firms from experience, I am at a mid-size firm. RCJ92
+5 This is a tough question to answer directly as it depends on so many things, so I'll just share some parallel thoughts that should help. Esque_
+5 Youre definitely an IU freshman rooseveltfan
+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 benhope1 RestIess
+5 Theres one area of RE that is actually doing extremely well and is advancing at a fast pace. GreatCreamy
+5 When I was recruiting, my GPA was 3.85. I would often intentionally mistype it as 3.58, giving myself a 0.27 handicap. I found that this was enough to make the game interesting for me. Jeffery Montenbeauberg
+5 thats just the culture issues, the actual business issues are more concerning. Associate 2 in IB - Cov
+5 Jokes aside, this is a great mindset to have as you start. Have a healthy life outside of work... and try to protect your boundaries too (to the extent you can of course). Investment Analyst in HF - Event
+5 So what will you do in Thailand? Gohard
+5 I still don't see why you're in such a hurry to pursue things that are work-related. FinnesseGod
+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 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 Yeah. So I was an external hire. I liked my boss and colleagues but I hated the city I was in and didn’t really see a long term fit in the vertical I was covering. Associate 1 in IB - CB
+5 I've stated my counterpoints and shared the risks as I see them. I'd say the rest is up to you.  FinnesseGod
+5 Got my CIB many moons ago… Ehmerica
+5 First - this comment: ["what would be the best way to learn ... if it's worth spending time on it or not?"] piqued my curiosity. As an analyst, this is (typically) not your prerogative. MidasMulligan
+5 What is your specific disagreement? I literally said that the transition from human to autonomous cars will be difficult as the technology is still early. Ozymandia
+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 Suffered from panic attacks before so I know what it’s like. Very sorry to hear this is happening. It’s a definite sign to consider whether the role/firm you’re in now is sustainable long term. Bud Fox 22
+5 Obviously this is wild but, the high level theme here is very commonplace in the industry which is the intentional creation of a terrible lifestyle to get people to leave so you don’t have to fire them / tell them you aren SOFRsoGood
+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 I've done several DOR calls as final rounds and ended up getting two offers - I found them to be the easiest of the interviews. Associate 2 in ER
+5 Can you outline how bad of a drinking problem I will have to develop to embody "himself 2.0"? Intern in IB - Cov
+5 Brother if you can land a high finance role, it’s not an L you’re better than 99% of students already. Don’t give into the bs on this site, it’s filled with a bunch of sweaty virgins with no life other than banking. Analyst0910
+5 My advice, go do banking. It sounds like you have an offer at a BB bank. Investment Analyst in HF - EquityHedge
+5 I shared some of my views above, but I'll reiterate that I'd be very careful with this move. I broadly side with Director and Associate here. GS under Blankfein
+5 You are fortunate enough to be in a spot where you will be: a) in NYC, b) being paid reasonably well and c) close enough to the "IB action" to see if it's a good fit for you. NyanNyanNidalee
+5 I work at a large MM shop that focuses almost exclusively on sponsor-backed deals (95%+), although some of our other strategies (ABL, RE, Life Sciences) do more with founders. Associate 1 in Private Credit
+5 You can’t lead with “based on my group” then proceed to generalize the entire industry. Summer Associate in HF - Event
+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 The issue really is that the range of “good year” and “bad year” is generally pretty small in agency lending given it is pretty much only a fee business.  CRE Credit
+5 DESCO > MMs > Brevan > BridgewaterIf comp, reputation, and career growth are your goals. Burke
+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 Opining as a nobody (aka not an admissions consultant…it might be worth some change to seek one out for proper feedback). I’d recommend option 2: PEPrincess
+5 1) Lionfund: most prestigious fund, strong pipeline to buyside, best club for HFs (leadership seems P72 heavy) bluechip prospect
+5 Hit a few, but got tied up. Will be back for the rest Q: In a SM, is there a single CIO who makes the final call on all investments and the rest of the team are analysts that feed ideas to CIO? Anonymous Monkey
+5 Im in the Philippines right now but I spend most of my time in Colombia, but until my citizenship gets approved, I can only live there 180 days out of the year to avoid double taxation. Manager in CorpStrat
+5 It's a tough spot - I knew I wanted to be a trader since my early teens, read all the books, went to a top uni, applied to all the internships and got rejected and still had to suffer for a few years as a quant before maki Deleveraged Sellout
+5 Get a fucking life Analyst 2 in IB - Cov
+5 I agree. Banking or finance should be a way to fund your pursuits and hobbies and eventually escape/exit if possible. bzfracas
+5 On behalf of the SA '27 class I wanna say we are not all this retarded anonymous_monkey67
+5 Congrats on UBS issabanker
+5 Depends how big they are and what you'd be doing for them. I've worked for two family offices, the first was a full-scale development shop that employed roughly 60 people. jarstar1
+5 I think the attractiveness of the hedge funds also depends on what stage you are at and what team you are joining. oil_quant
+5 Rickle I‘ve been following your comments for a while now and am always positively surprised by how insightful they are. Thank you for the contribution to this forum. Associate 1 in PE - Other
+5 del Associate 3 in IB - Cov
+5 Bank-wide problem: UBS is simply losing talent as it falls in the league tables. Hearing the same complaints across multiple groups. Analyst 2 in IB - Gen
+5 My 2c Rocky6
+5 Not OP but I assume so. New buyer would buy an X% going in cap rate (your own "exit cap rate") based on their own RE tax liability. So the error either understates or overstates residual value, likely bigtime. Associate 1 in RE - Comm
+5 Think for most of those you're probably good until you get towards senior associate. Associate 3 in IB-M&A
+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 Coming back to say this was the hardest adjustment for me. A few months in and got a return offer. Healthcare Blues
+5 The pitches we get from UBS are legitimately garbage. Looks like an intern made them in Claude. Analyst 2 in HF - Event
+5 overandoutThat's not really how it works... Works at The Family Office
+5 How is there bias against women when they have that insane women’s advisory pipeline… Intern in IB - CB
+5 Makes sense. All top tier MiFs towards the top so if someone was aiming for London IB it looks like it's a better bet to go to one of the EU targets (Bocconi HEC ESCP Hsg) rather than go to a UK semi target.  Revama69
+5 I'm unsure of your definition of P&L responsibility, but if you're talking about managing a SaaS book of business or region, then you may indirectly or directly be responsible for clients, partners or vendor manageme FinnesseGod
+5 He’s not getting ragged on for not having made PM. Research Analyst in HF - Other
+5 Thanks man, appreciate the response.  Assist. VP in PE - Other
+5 the chase is always the fun part son anonf0fty
+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 Sure. In terms of aspects that I liked: Genuine independence and autonomy. The buck really does stop with you, and you have to own the decisions and their impacts. Principal in PE - Other
+5 Have been doing banking in one of these cities for the last year. I, like most of the people that work for Texas offices of banks, have ties to the state. Analyst 1 in IB-M&A
+5 "When doing M&A advisory, the key differentiator is being able to underwrite the acquisition financing or provide bridge financing."  Analyst 2 in IB - Cov
+5 "No. That's the whole point." - Jerome Powell Buyside Credit
+5 . xobole8508
+5 As someone who left UBS in 2026: Analyst 2 in IB - Gen
+5 I'll speak on exits from BB PubFin seats in general - not just JPM. The user above is partially correct whereby exits tend to be weaker than other areas of IB. Associate 1 in IB - Gen
+5 All the 3,3s are friends and family of Marco or the grouphead Analyst 2 in IB - Cov
+5 I've heard the word AI more times than I can count in the last week- my only thought is how many people on my IC have actually used Claude or ChatGPT in any real capacity?  Associate 1 in PE - LBOs
+5 Good point, I didn’t mean to come across as entitled to think anything is guaranteed in banking, more so meant that I would have good deal flow across a good industry like healthcare which would leave options open going fo intern67
+5 Managing Director in IB - CovMD$1.25MGuarantee How much revenue did you bring in this year?   Associate 2 in IB - Cov
+5 Sleeping on ubc goldman pipeline spamboispeed
+5 Congrats on Duke AnalystBateman
+5 SKP isn't a T2 in the traditional sense. Angus Macgyver
+5 Eww no not UBS Analyst 1 in IB - ECM
+5 First off, congrats to your friend. Both opportunities are great and they have a clear win/win in either scenario. It really depends on what your friend’s preferences are per the other messages on here. Associate 3 in IB - Gen
+5 powermonkey123Hey! Thanks for the response.  Themaster441
+5 I rather get paid more at a MM Analyst 2 in IB - Gen
+5 I was in your seat a couple years back, albeit at a T20 program after 3-4 years in capital markets advisory.  Associate 1 in RE - Other
+5 I would say choose ND Incoming IB SA NYC