+5 Best I got for you is that my grandfather was a fairly heavy smoker (lived until his 90s but quality of life and health was very poor), my uncle used to be a heavy smoker too but he one day just quit cold turkey and never Hags28
+5 "I love a broad margin to my life. Isaiah_53_5 💎🙌💎🙌💎
+5 I'm an associate looking to lateral and having a tough time. I have tons of deal experience and closed deals (mostly MM and LMM). I did get some interviews and have been told that I have good soft skills too. Ski98
+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 Work at a LO boutique ($10-100bl, will keep it vague) and 30yrs old today for context. Make $300-400k in a non Top 5 COL city (but still a T20 metro area in GDP terms) hedgehog9
+5 Agree with your thoughts on size, CF, premiums, etc. And if I knew this 2-3 months into my search, maybe it could’ve worked out a little better. Enlightenment
+5 Transferred going into my sophomore year as well and landed in IB at a highly regarded shop. This will not be a problem.  Prospect in IB - Gen
+5 Nothing to do with Switzerland (or even WM). UBS is strong in Asia because it inherited SG Warburg’s Asia business which was top notch. Managing Director in IB-M&A
+5 Finance.   Ozymandia
+5 My take is that we are all in our early years (22-26ish) and we grew up in a world of unparalleled velocity, meaning we are used to immediateness, especially in “results”. parrapalol
+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 Always a Canadian bank facilitating DEI Beckies. She kept collecting those accelerated promotions on her way up while padding the DEI KPIs of her bosses. Analyst 1 in IB - Cov
+5 Comp is street with far less hours than typical MF PE. Not a 2 and out program and there's spots for you to stay if you want. Nice new office with catered lunch. Intern in IB - Gen
+5 Better question is, which aren’t? Analyst 1 in IB - Cov
+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 I don’t understand why you feel relegated to “some shit corp job” just because you don’t like investment banking. Research Analyst in AM - FI
+5 Ignore title - currently an associate at one of the better MM banks. I came from a non-target background and wasn’t even in one of the clubs. Analyst 1 in IB - Gen
+5 I do not think there is any cause for concern for people already in a seat. Especially if you are a high performer and are learning to use AI to make yourself more efficient. Mephistopheles
+5 It's one of the elite boutiques north of the border (think Origin Merchant Partners, Left Lane Associates, Emerald Advisors) WaffleFalafel
+5 can confirm, I am the VP. alexcokke
+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 “BFF at other fund disagrees with you” Principal in HF - Event
+5 order the smallest coffee and just suck it up man dont be weird  Associate 2 in IB-M&A
+5 Sorry boys. Bonuses went to Shohei’s salary this year KageSelly
+5 What were you doing as institutional analyst at the beginning of your career? Associate 3 in RE - Comm
+5 Looks like only one person has ever said anything bad about UBS, and UBS is the #1 bank in the world. Thank god, because I love UBS Summer Associate in IB - Gen
+5 If bofa is on the downhill why were you asking in the BofA SA '27 thread if people had heard back...? Intern in IB - Gen
+5 The numbers o this thread are insane and mostly outlier outcomes Associate 1 in PE - LBOs
+5 Have fun at UBS, then canned by Izzy after 1 year Intern in AM - Equities
+5 Oh, how precious. PrivateTechquity 🚀🚀🚀
+5 Huge congrats on Jefferies bro Intern in IB - Gen
+5 congrats on Columbia! qwert123@
+5 larry david: No free lunch. Not enough NOI for that kind of leverage. JJP1234
+5 Schrute farms is one of their best investments, arguably one of the highest returning in the world of PERE Associate 1 in RE - Comm
+5 This is the way. I honestly view IB / PE as extensions of your education so I’d still do them for just that piece alone honestly. Associate 3 in PE - LBOs
+5 Whatever1984 Ozymandia
+5 Just went through this and lateraled to a SA spot after a 2 year program. Associate 1 in PE - LBOs
+5 Do the one you're most interested in or gives you the optionality. VP in PE - Other
+5 I disagree with this. I think a lot of people view it this way but at the end of the day you will be spending a minimum of 8 hours a day, 50ish weeks a year, for 45ish years at work. apetrynamakeit
+5 Where can I apply for a summer analyst position? Prospect in IB-M&A
+5 know what RX means. What RX does. what Evercore does. why rx is cool. but on a real note js be prepped on cases + everything rx you’ve done including techs and readings Intern in IB - Gen
+5 Wow digging up a question from my past! I think what I was asking, however, is what about where you don't diverge with consensus estimates / mkt estimates a ton.  mtnmaster1
+5 As long as it’s not a bald loser we are good Analyst 2 in IB - Gen
+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 Hey mate, thanks for the question Breaking in was definitely tough, I came from a non Go8/non-target uni and didn’t go for IB out of undergrad, which is still the most common path into PE. Deal Kangaroo
+5 benhope1 RestIess
+5 This is the only list I’ve seen that’s truly valid Prospect in IB - Gen
+5 Just fyi office transfers are hard at MBB even for US-based people. Also your chinese being bad is kind of a big deal here, does your office primarily use English or chinese / what language did you do your interviews in? Associate Consultant in Consulting
+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 Yeah admittedly in my above comment I was being a bit more negative than I should have admittedly... Analyst 2 in HF - Macro
+5 Are we talking about the Private Credit business? I worked in the European Private Credit business for 4–5 years, and from my experience, people tend to stay for a long time, which says a lot about the culture. Associate 1 in PE - Other
+5 Stay humble laurier walkemdown
+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 I have to call BS here These projects/loan are temporarily cash flow positive due to lenders working with you BUT are all at rates that are above where these deals would be refinanced in the near term.   Rick Kane
+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 Big 4 audit. odog @digitalimmortality.com
+5 Yeah this is super unique. 90% of the 'developer' roles in the institutional space are really ONLY Acquisitions. pere797
+5 Got my CIB many moons ago… Ehmerica
+5 I own 3 CRE properties. I have no partners, no LPs, nobody to answer to. The 3 properties may not be much to most people here. Total NOI is around $1.2M. VP in RE - Comm
+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 Take the job / money. If you’re ambitious and smart enough you’ll figure how to run your own deals eventually (or can hire people to fill in the knowledge gaps i.e. owner’s rep for construction/design). DebtChug
+5 I still don't see why you're in such a hurry to pursue things that are work-related. FinnesseGod
+5 Adding to this, ur list is pretty fair, but I'd add Dyal and Guggenheim to it as well. Think they're slept on in this forum. Associate 3 in IB-M&A
+5 Associate 2 in PE - LBOs Associate 2 in PE - LBOs
+5 It’s not blatantly racism to point out that the average immigrant from Africa or Latin America is likely going to be a $0.5-$1.0M drain to taxpayer money over the course of their life here. Associate 1 in IB - Cov
+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 MS Associate 2 > Associate 3 Base: 225KBonus: 175KTotal: $400k Top AnonymousGrad
+5 I'm sorry but I find that a bit insulting to be considered "creepy" just because I struggle with the day-to-day social dynamics - I think you should be careful about what you say because there are a lot of people who may b Prospect in IB - Gen
+5 Probably a couple long nights for juniors chasing something they had absolutely no shot at. Analyst 2 in IB - Cov
+5 I was in similar position in a great team and even when i got the offer, i was almost awake at night deciding whether to take it. Associate 1 in PE - LBOs
+5 Rutgers is paradise VP in IB - Gen
+5 Will cut those up into 3 groups based on what I know about various places Director in S&T - FI
+5 Great head of hair, that’s who you want leading the bank   Associate 1 in IB - Cov
+5 I am hardly an AI doomer. I am a LLM (and LLM proselytizer) mocker.  CRE
+5 It isn’t madness, H1B visas are productive for employment and economic growth. The US economy was never a zero sums game. Gideon Rose
+5 I had a shit first year review. Was told that I really only made some improvement towards the last 3 weeks lol. Analyst 2 in IB - Cov
+5 Been in a similar situation and it’s always worked out, but I would say only 6mo experience makes it harder because you haven’t built up a network of people who know you and your work yet. Anchor
+5 Jeff hands down, if optimizing for telling people where you work at West Village bars. Associate 1 in IB-M&A
+5 How mid-career are you? It sounds like you are maybe 10 years or so out of school with about 5-7 years of experience at asset managers specializing in real estate. In the ballpark or am I out in left field?  Addinator
+5 So what will you do in Thailand? Gohard
+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 As far as buying a Rolex and then not wearing it at all - that's a really bad decision. Addinator
+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 There is hundreds of companies who want less white people working for them. White people are more oppressed than blacks or latinos. These groups are poorer because they have lower IQs. LockedIn Bezos
+5 Congrats on landing a nice gig! Quick heads up - my thoughts below are more around mindset vs tactical ways to prep. Person123
+5 I think they are being strategic in their hiring and not in a hurry to hire. Lots of people have left due to what people will argue is the disfunction going on. NYL12
+5 Depends on how strict you are with your T10 definition. Personally I would never pay to go to a school outside of T20. I would pay for Notre dame or UVA over UF for free. I wouldn’t pay for Vandy though. local_finance_bro
+5 At 110k base employer fica savings are like 4.5 percent of the total comp they are paying that analyst it’s negligible at best. crispycoconutrolls
+5 Deal made no sense anyway Analyst 1 in IB - Gen
+5 I have three sayings that are related to this: odog @digitalimmortality.com
+5 (1) "For a bubble to pop a bunch of people have to lose money. The questions is, who will be the loser?" (Internal quotations omitted). jl12
+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 Analyst 1 in IB - Cov Associate 3 in IB - Gen
+5 thought PE stands for Pain Enthusiast GS under Blankfein
+5 Anyone who is saying baml clearly has not worked at BofA meaningfully anytime recently. In no aspects is baml better than PWP as a junior banker.  UBSRising789
+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 Not really. It’s a brand new holiday and this is a culture where people are reluctant to give any days off they don’t have to. The first Juneteenth I didn’t get off and nobody realized. Got it off this year though. local_finance_bro
+5 Gonna give it to you straight: take the DB offer. Yes, it’s not a great IB team relatively speaking, but still. Associate 1 in IB - Restr
+5 Our policy is 19 weeks total of maternity leave if you are giving birth, 10 weeks of parental leave otherwise (which is functionally paternity leave for the most part, though does cover things like adoption, etc.). Addinator
+5 I transferred back in 2009. Bloomberg Businessweek used to run an annual ranking of the top undergraduate business programs. McIntire had been ranked no. 2 in the US for much of the prior decade and then jumped to the no. Partner in RE - Comm