+5 R1 was pretty brutal ngl. I had a male analyst as an interviewer…nightmare, had me questioning my life choices. Overall wasn’t too bad. Jackson28483
+5 thank u for ur opinion, prospective intern (franker). might be best to practice those moic mental math problems to land any of the aforementioned firms loll. Analyst 2 in IB-M&A
+5 Nah bro, hear me out.  PokerSlopWars
+5 mdubib IsItREPE
+5 x Analyst 2 in HF - EquityHedge
+5 Watched Fair Play on Netflix last night. This is exactly how a fake narrative is built. Principal in IB - Cov
+5 I’m an A2A2VP in an M&A group and find myself squarely in the second bucket discussed above at all times. Intern in IB - Gen
+5 I have used Claude Code and Claude in Excel to build models and do heavy duty analysis for me over this past month (eg cutting up 250k row bookings databases). kuf135
+5 Eh, I don't think it's as cut and dry as others here say. I think the experience that you believe you would get should be the deciding factor. Analyst 2 in AM - Other
+5 I did New York - London as a US citizen with no relevant language skills on a company sponsored visa. Mine is just temporary and then go back, but have seen plenty of people move permanently. Analyst 2 in IB - Gen
+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 No Associate 1 in S&T - Equities
+5 Sounds like you are enjoying it, hopefully it stays that way.  Lots of valid perspectives and situations.  IMO, for pure data guys being “the first” data guy at a place, various pluses and minuses.   oil_quant
+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 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 Yeah it was a little dismissive to say ‘bank of mommy and daddy’ in the post (I’m not the poster btw) - but the crux of his post / argument after that was that (which you choose to conveniently keep ignoring) it helps for ky9xnsz
+5 Mmmm yummy Analyst 2 in IB - Gen
+5 Congrats on BU dudethatbanks
+5 Ex MBB here, working on AI in Tech now. For generic work, AI is already useful: summarizing docs, turning messy notes into a memo, drafting first-pass emails, cleaning up language etc. Ex-consultant in Tech
+5 But realistically we should ngl Prospect in IB-M&A
+5 You'd most likely be joining as a Senior Analyst or an Analyst, if not JPM(Junior PM), and since you said under a PM and giving out ideas.  bomboclatinvestor
+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 . Associate 1 in PE - LBOs
+5 I second this. Senior Associate at an ODCE fund.  aspiringcoolperson
+5 he went to bowdoin tho, target af Intern in IB - Cov
+5 £70k* base. London and it’s market aren’t perfect, but I’ll take it over the authoritarian dystopia of the USA any day of the week Associate 2 in IB - Cov
+5 Unrelated but it seems Iike you might want to sit down and actually ask yourself if you guys are headed in the same direction.. bananapiano
+5 Thanks for the response. Totally agree with the plurality point. Working on deals gave me that type of stimulation + variety, so I think that's the direction I'm trying to head in.  Associate 3 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 The issue that you will face coming out of your MRED/MSRE program is that it won't be seen as a "level up" degree for many because of your lack of full time experience. CRE
+5 come to HL if you want to be underpaid and fat. 20$ lunch + unlimited snacks/drinks babyyy. Houlihan is basically the witch from hansel and gretel fattening up the kiddies to eat them Analyst 1 in IB - Restr
+5 Maybe, a bunch of people lost A LOT of money in the GFC and came back from it Ozymandia
+5 Many thanks for the reality check. Better to realize now rather than starting and loosing all my equity in a project with minimal chance to get through. Associate 3 in IB - Cov
+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 There are two drivers for decision making when it comes to lateraling and bonuses: Analyst 2 in IB - Cov
+5 What bank are you at to where a MF is 75k paycut. Maybe this is just my BB background speaking, but I got paid more as a first year associate at a MF than my BB peers who stayed on as A2A. Associate 1 in PE - LBOs
+5 I take out a pen and paper. Write my rent per square foot, opex per square foot and calculate my NOI per square foot - all as stabilized.  I then figure out my stabilization budget. pudding
+5 If you’re so happy, why are you posting about how happy you are lol. Smoke Frog
+5 Personally going to be giving my MD my entire tip this year Analyst 1 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 The last sentence is so unnecessary. Why shouldn't he care about his salary, this isn't a charity and he's obviously going to be working really hard to earn that compensation yopierre
+5 >i am really passionate about breaking into IB >i do not really know a lot about the sphere You gotta reconcile these two before getting on the line with anyone Analyst 1 in IB - Gen
+5 They are a foreign nation that has dragged us into all of the wars since Vietnam, either under false pretenses or by our association with them; Bin Laden openly stated that his reasoning for 9/11 was because of our a seekinthealpha1
+5 btw you can find most previous interview questions on some websites, this one linked here is the most popular one and it held a bunch of my interview questions from Analyst 2 in IB - Cov
+5 Analyst 1 in IB - Gen Director in CorpStrat
+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 Make sure you fight this bro - like others have said, this has gone too far and we can't continue letting DEI/beckies take over social structures. Our kids are going to disappointed in us if we don't attempt to fight it. Analyst 1 in IB - Gen
+5 Glad we have another one of these nontargetmarket
+5 I worked at a rating agency and there was a senior ratings person that was extremely inefficient with their work, and had a habit of calling you and making you be on the same zoom call as them. Associate 3 in IB - Gen
+5 Dr. Rahma Dikhinmahas IsItREPE
+5 I don’t consider the “war to be over.” IB is more structurally stable than entry-level software engineering, S&T, long only asset management, or equity research, with substantially more upside. Bankasaurus
+5 David ConstabileIsaiah_53_5 💎🙌💎🙌💎 Isaiah_53_5 💎🙌💎🙌💎
+5 I can see the confusion, but the difference comes with the actual asset class.  leverageddebt
+5 "Almost" 5'8 and tall for your ethnicity... what's your ethnicity, leprechaun? WalnutBrain
+5 Yibog: Mind sharing those stories? Analyst 2 in IB - DCM
+5 Will he be on the cruise lol Intern in IB - Gen
+5 Had a former colleague leave for MM PE a couple years ago. Talented analyst. 2 years and out. Worked more than IB (7 days a week, majority of weekend days, into the deep nights on weekdays) Analyst 3+ in IB-M&A
+5 I got some pretty good edits while working as an ABM at the Wells Fargo in Anchorage. lucien_de_montclair
+5 RJ Financo is a good shout Incoming Analyst in IB - Cov
+5 What do you want to do long term? It sounds like, and I could way off, that you really just aren't that into Asset Management generally - unless you are in a private markets direct investing role.. is that right?  Addinator
+5 20 different editions of rich dad poor dad Intern in IB-M&A
+5 Usually head traders are little more than cashiers w no discretion. You might as well punch the cart girl Investment Analyst in HF - EquityHedge
+5 PassiveObserver miscer
+5 I think any nonpublic company with issues gets lumped in with the PE boogeyman.  Scott Irish
+5 Do you look better in a Patagonia, a wax jacket, or a shiesty Associate 2 in IB - Cov
+5 I remember being super confused about networking this last fall. Took me a good handful of chats to figure it out. Unfortunate reality is there is no cookie cutter approach to networking. Prospect in IB - 5th Year
+5 Back then, esp. trading, was really this more masculine / eat what you kill / go-getter environment.  usernameladiesman217
+5 What a pussy intern. Should be blacklisted from the industry. RB2000
+5 Completely agree with pudding here. NYC is not a market you just jump into. Fred Fredburger
+5 u conquered poverty. now conquer the fridge.​being the only ripped guy in a room of soft pe investors is a massive power move. it signals a level of discipline they traded away for carry. tonythebrief
+5 you are blinded by the "potential 2x". that is paper math based on deal volume. if the market slows, that 2x becomes 0.5x.​the massive red flag is this: "my evp always takes the lead role with brokers". tonythebrief
+5 Some pods (especially MLP and some T2 Pods like Verition) have some scattered teams where the PM has their analysts scattered across other offices or allows one-off home office setups if they feel comfortable with your abi Analyst 3+ in HF - EquityHedge
+5 Pretend that every single Anon person is the same guy - sometimes makes reading all the garbage on this forum more entertaining. Associate 3 in IB - Cov
+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 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 Hey mate, that’s some great experience you have already. I’ll preface by saying I’m not an expert on overseas candidates but can still offer my experience from what I’ve seen and know Deal Kangaroo
+5 How is this “every bank under the sun”? You listed less than half a dozen banks when there are like 2 dozen solid firms out there. Manager in CorpStrat
+5 Units are largely a reflection of the business head beyond that it’s really all the same rules and just a corporate access play.  analyst 44
+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 I'm a former UBS NY banker and this is the first time I've actually heard of us having a Menlo Park office so interpret that how you will on how much volume they do Associate 1 in IB - Cov
+5 One of his good clients hired his other son. Sounds like a potential quid pro quo is brewing Analyst 2 in IB - Gen
+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 One topic the article covers is the extent CRE professionals have woven AI into their work. Ozymandia
+5 I’ve invested anywhere from Series A to Series D+. Mostly B and C. The Series D’s are more secondaries and co-investments. Though, we are not as sponsor dependent as I’ve seen some other firms that rely on co-invests. Principal in VC
+5 Love the post. As someone in the same age as you are and hitting the big 4-0 soon…it’s quite the realization that many of the people I knew growing up are gone. H13x
+5 I'm going to go out on a limb and say someone on your team committing suicide is not normal  VP in Private Credit
+5 Insane ball knowledge  Intern in IB-M&A
+5 Internal Audit makakent223
+5 but they usually are about tips and like introducing each other. usernameladiesman217
+5 Doubtful, they have spent the last 5 years bringing all the kids into the company and installing Jeff’s daughter as ceo. Wouldn’t make sense to bring all the family back in just to sell. Works at Hines Interests Limited Partnership
+5 You said nothing here....that is a non-sequitar to the arguement Yes, you need people skills to do well in ER. Who said otherwise?  therealgekko
+5 Solid firm. PrivateTechquity 🚀🚀🚀
+5 Valuation at a Big 4 is generally slower paced than banking mostly because of the type of work you’re doing. A lot of engagements are tied to financial reporting, tax work, and purchase price allocations for M&A. RexTagliani
+5 Someone hook my boy EbePrice upman's been asking for two whole months🙏 Intern in IB - Gen
+5 The PE hate is driven by ideology, not understanding what PE companies do, and, in a smaller part, due to bad actors.  Shipping_up_toNYC
+5 You can try and nothing is impossible but it will be difficult: Partner in PE - LBOs
+5 It’s not really a shocker as the PE space has gotten bigger that people are more aware of it. The public facing elements are pretty shitty to the 99% of people who don’t care about IRR or capital efficiency. acardboardmonkey
+5 I find Claude to be quite useful in analyzing strategic acquirers as it grabs what they say publicly and can pull in user feedback to identify gaps in the product stack. GoodAsGoldman
+5 Not sure about PE funds but there are plenty in the VC space.  Business School in CorpStrat
+5 Overall I'm not sure the idea works as is because at a high enough income it is more convenient to use a concierge or delivery service instead. FinanceBrah