+5 Literally all of them. WF is paradise  Intern in IB - Gen
+5 I'd be honest, but keep it matter-of-fact and don't overexplain. The more you try to convince someone it wasn't performance-related, the more you risk making them wonder if it was. anonymous_monkey_
+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 Infra is getting some attention with the AI build out but the traditional space is well covered by O&G/M&T/industrials bankers and truthfully the sponsors are the most painful and lowest fee paying clients i've com Bank4L
+5 Purely my opinion and anecdotal. Not sure what aggregate stats actually look like… I don’t think it’s worth it. Bank4L
+5 You sound like an entitled smartass prick. Partner in PE - LBOs
+5 OP here. Fair question. The reality is that all I have ever done is invest (other than my initial IB stint out of undergrad), be it private credit or what we're doing in my current seat. Principal in PE - Other
+5 Hi Joe:  You are absolutely correct in regard to the PE market in Beverly Hills. I have 3 awesome deals that I have the entire deal down with an exit strategy. jsjones619
+5 Investment Analyst in HF - Event hansdieter1
+5 Feel like RX Consulting comp is one of the mythological things on this site. Associate 2 in IB-M&A
+5 A couple of thousand years later, St Augustine in his Confessions wrote, "You have made us for yourself, O Lord, and our heart is restless until it rests in you". dcfdestroying
+5 RX at almost every shop exits better than almost any M&A group out there. It’s just much more competitive to get and candidly people self select for those roles. Evercore is no exception. Analyst 2 in IB - Cov
+5 Going to take a huge leap and assume you’re Chinese, based on the drink choice.  Associate 1 in IB - Cov
+5 There are significantly more ways to fk it up versus acing it, so keep it simple with the below framework (hint, it’s not that different from a normal coffee chat). Associate 2 in IB - Restr
+5 The issue is that work goes back-and-forth, and unfortunately, junior bankers are at the bottom of the totem pole in terms of deciding schedule. Mastery 7 IB Shitter
+5 Lol that's why I facetiously asked OP how these consultants would have helped. I already know the answer...they wouldn't. I work in real estate construction and development and I work with landscapers on every project. Fred Fredburger
+5 Your plan makes no sense. It’s the equivalent of my plan to go to the moon. WSRaider
+5 Asset management doesn’t get enough love in real estate. Developers (and acquisitions guys) often push the envelope on underwriting. TheDebtStar
+5 I think NYC is resilient enough with enough big companies entrenched here to survive one political cycle of a socialist who probably won’t be able to push most of his agenda through anyway. Pokemon Master
+5 Associate 2 in PE - Other Associate 1 in IB - Restr
+5 Are they actually equally crushed? Or just responding to emails at weird hours. Associate 3 in PE - LBOs
+5 Briefly describe why VP in IB - Cov
+5 Nah that’s weird Associate 1 in IB-M&A
+5 UBS is such a weird place to work at man. Good luck to you all UBSiers URI place
+5 This is not straghtforward but would encourage not to optimized for pay/WLB unless some extreme extenuating circumstance. A few questions/assumptions: Research Analyst in AM - FI
+5 Serter: Non-TargetToMNA
+5 I lateraled as an associate from a small boutique into one of the stronger teams in my coverage. I did my analyst stint and first year as an associate at the boutique. Associate 2 in IB-M&A
+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 Might get MS for this, but would strongly advise against the MF SA programs. I've seen so many incredibly smart kids at my target get burned by these programs year after year. Analyst 1 in PE - Other
+5 Caught up with a friend recently who launched his own shop a few months ago and he shared a lot of this sentiment. CoffeeBong
+5 You wouldn't get an F on a school assignment that's 95% done, that's an A by definition of how grading works. And this isn't school anyway, there's no answer key in PE. VP in PE - LBOs
+5 Agree and disagree. Agree in the sense that DEI has taken massive L's but it's still alive. Some corps have stopped entirely but most have lessened the amount and changed the name. hedgehog9
+5 Someone is upset that a lot of Nigels VPs make low 7 figures and his SMDs closer to $10M… the credit secondaries bankers that got traded around the last year? ravena
+5 Funny enough I know Adam Steinberg, new Stifel group head, from my time at Moelis. He joined Moelis right as I was leaving but there was some overlap. Hags28
+5 There is structuring, but the guys that are really doing it in an interesting way are the pref providers not the equity providers. ravena
+5 Lmao  Analyst 2 in IB - Cov
+5 From where? To even get into Frankfurt Offcycles most shops do a modelling test, with a case study, usually a three statement model, DCF or Paper LBO. That ranges from Raymond James to Houlihan & Rothschild. afdhfg
+5 I'm tracking; and that feeling is normal.  MidasMulligan
+5 Oliver Clowseoff at point72 Anita Bath at millennium Drew P. Wiener at millennium Yuri Nator at walleye Lee Kee-bum at ballyasny - stud trading the Asian semis Works at Morgan Stanley
+5 Reads like the guy had a really crappy female analyst on his team who automatically subscribed everything to gender whenever there was a negative comment. Ehmerica
+5 I'm an analyst at baird A&D just waiting for my phone call any minute now. Can't wait to say I work at an EB!  Analyst 1 in IB - Cov
+5 I also have a stutter. Like yourself, I initially hated doing coffee chats because I didn't want to appear "awkward", etc, and had some rough moments. Analyst 2 in IB - Cov
+5 Hey mate, thanks for the question Without knowing exactly what you’re doing, FICC/DCM roles definitely give you good exposure to corporates and markets. Deal Kangaroo
+5 decades ago at least you worked hard but you also had some bits of fun and laughs during the day to destress GS under Blankfein
+5 Can confirm, great place to cry  Analyst 1 in IB-M&A
+5 As with most of these things, it depends. PM in HF - Macro
+5 The real thing IB teaches you at a high level (albeit from a very optimistic angle, since you're selling a service and don't want to piss off your client) that's actually helpful for PE is primarily twofold: 1) h VP in PE - LBOs
+5 Don't worry, someone is bringing some over from 1251 Avenue of the Americas. The_Fisher_Account
+5 Ownership remains at a relatively consistent basis because that is in general what people want.  PEarbitrage
+5 In Europe? Probably industrials I'd say. Incoming Analyst in IB-M&A
+5 Bump for my prescience IRR you ready to rumble
+5 I haven’t worked with them directly but worked with Moelis FIG. Hags28
+5 sams3 PM in HF - EquityHedge
+5 NoEquityResearch CRE
+5 My first piece of rizz advice is ALWAYS: "ask an anonymous finance careers messaging board from 2006" - so you are right on track my man.  Way to go. Nouveau Richie
+5 DeterminedAs one "old guy" to another, it's always good to have experienced folks giving back to the community. PM in HF - EquityHedge
+5 Congrats on all 3 offers! VP in IB - Cov
+5 I think most of these threads are in general useless, because they will lead to sampling bias. The problem I see is the following:  Associate 2 in PE - Other
+5 I mean, sure.  But that's why rents are high, right?  Because there are jobs and people do want to live here. Ozymandia
+5 Since this guy posted following I can add my Thoughts to more directly answer the questions  Where does comp actually end up at the senior levels in each? Hags28
+5 It will most heavily impact all of the 'marginal' jobs and/or seats across the industry. Addinator
+5 In Switzerland, UBS is by far the number one bank. Credit Suisse has already been fully merged into UBS. Spider44
+5 I think really what AI comes down to is what do you think the average person is willing to pay for the productivity boost it provides. Lester Freamon
+5 I agree. Banking or finance should be a way to fund your pursuits and hobbies and eventually escape/exit if possible. bzfracas
+5 It’s extremely common. Nowadays however it’s called “Adderall” and your drug dealer is the local white collar psychiatrist. carolina_tarheel
+5 Great stuff here, thanks for sharing and for the transparency. Best of luck going forward, sounds like you are on the cusp - be it this go around or another. Just a brutal market. Developer in RE - Comm
+5 In very simple terms, Oxford is partly viewed as more prestigious given they've produced nearly double the amount of Prime Ministers compared to Cambridge. Analyst 2 in PE - Other
+5 A couple of notes (I don't work in strategy consulting, which is what I assume you're asking about): Lester Freamon
+5 I gotta say... this may be one of the strongest resumes I've read in years. Your bullet points include the Task, Action and Result quite well. FinnesseGod
+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 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 . Anonymous Monkey
+5 I've talked to a ton over the real estate ones over years and honestly most of them are garbage. CRE has been a really in demand career path for a while, so they have so many inbounds that they treat everyone poorly. MonopolyMoney
+5 among multi strats Citadel DE Shaw Millennium Balyasny (depends on the pods i guess) among macro shops Rokos Tudor Brevan (historically anyway) Bluecrest Capula Intern in PropTrad
+5 Who would be dump enough to not see headlights out of every building they come out from, and meeting co-workers at random events? Lol URI place
+5 My 2c Rocky6
+5 This is a stupid analysis. Literally just picking tops and pointing out how long it takes to recover. Yes, if you buy at the peak it will take a long time to get back to that peak. Partner in RE - Comm
+5 I wrote a detailed summary of how the RX groups currently stand on a different thread. Associate 2 in IB - Restr
+5 My experience has been that there is a lot of modeling in the sense of running LBOs, putting together DCFs, and doing some accretion-dilution analyses, but you’re usually modifying existing templates rather than b Associate 2 in IB - Gen
+5 as an Oxford student it’s probably Harvard overall due to pax americana (or whatever’s left of it these days) but in many commonwealth countries and parts of asia the rich/political elite almost exclusively were Oxbridge e Intern in PropTrad
+5 Black Gen in top tier is ridiculous. local_finance_bro
+5 Also these were for analyst positions  Associate 1 in IB - Cov
+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 think you forgot about DECA and FBLA, mandatory high school ECs to qualify for IB Prospect in CorpFin
+5 Anyone pausing because of Mamdani is being exceptionally disingenuous.  I believe a lot of crappy shops are claiming that they're pencils down because of Mamdani... Ozymandia
+5 ur not proving me wrong m8 Analyst 1 in IB - Cov
+5 unfortunately i went through something similar. Reputable MM where I despised the PM i worked under. thoroughly a bad person. Associate 1 in IB - Gen
+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 Big 4 audit. odog @digitalimmortality.com
+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 OP, I was T25 MBA, got no return offer, was devastated.. Worked my absolute ass off the rest of MBA.. VP in IB - Gen
+5 Typically I would say join AI company but at a Series D unless you're at the next Anthropic / OpenAI I wouldn't count your equity to be a life changer (maybe 7 figures by the time you IPO - if ever)? VP in PE - LBOs
+5 Think for most of those you're probably good until you get towards senior associate. Associate 3 in IB-M&A
+5 Main problem with seeking career satisfaction goals for most people is that they do it at the exclusion of other important things in life The Penguin
+5 Using the database I count 30 new applications for H1Bs for GB in New York just this year Analyst 1 in PE - LBOs
+5 who comes up with these names? I can only imagine hopping on a diligence call where the Waldo team hasn't dialed in yet. Some first your analyst is going to be asking "Where's Waldo?" Sam_Zell_
+5 get fit (muscular and cardiovascular), take the gmat / gre if you have any inkling about business school (can do this in 3-4 months of focused study), travel, have copious amount of sex, spend time with your loved ones (fa ChasingTheBag
+5 pajero odog @digitalimmortality.com
+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 Valuation would depend on the industry but would say they are typically submitting bids a couple turns below the industry comps in the space. Associate 3 in PE - LBOs