+5 Spent almost 3 years at 2 different banks, and currently in my 2nd year of PE. Analyst0910
+5 I know this post is fake, because if you really did intern at Citadel and they liked you enough to make a return offer, then there is ***no freaking way*** another fund (who didn't get to observe you for a summer) would of morgantire
+5 NYC LevFin team is mostly people from the CLT team who asked to move to NYC (so mostly senior analysts and full range of associates). Works at Wells Fargo
+5 I'll take a stab. If this is truly what dinged you, it is silly. However, you probably should have mentioned what happens on the last day of Y0. SouthernWallStreet
+5 If you’re rich, put two beds in your bedroom. You’ll sleep better alone. If you’re really rich, sleep in separate bedrooms.  maestro_
+5 Jeff hands down, if optimizing for telling people where you work at West Village bars. Associate 1 in IB-M&A
+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 Yeah, sorry but you're fucked. At this point, your best option is sales at a paper firm in PA with hopes of a management position in Season 8.  Always prestigemaxx.  Prospect in IB - Gen
+5 I'm at a Big 4 firm and have close relationships with the restructuring team because I worked with them for over a year despite not being part of their group (my team was slow so they lent me out to keep me utilized). Lester Freamon
+5 UBS not #7 Associate 3 in IB - ECM
+5 . VP in PE - LBOs
+5 in a very similar situation. Surprised you're working 60 hours a week at a long only (or are you just rounding up / exaggerating lol). Research Analyst in AM - Equities
+5 Honestly, as a European candidate who had to take on 3 internships in banking with 1 at a top elites boutique before landing a summer in London, I feel fairly confident in saying that most of us follow this path because se Crib22
+5 UBS not #4 Associate 3 in IB - ECM
+5 Invalid_CREdentials LooseLeaf
+5 They’re more of a tech turnaround/value shop relative to peers. Associate 1 in PE - LBOs
+5 So I’m not “non traditional” but I am “non target”. For a little background, I went to a school where, in the ~60 years of existence, never had an investment banker. lifestyle_hyperinflation
+5 gliblapius thierry.michel
+5 So this is just a natural part of the cycle. usernameladiesman217
+5 nice problem to have Prospect in Consulting
+5 It’s worth a shot - stating obvious but specialist in hot asset > generalist > specialist in dead asset Managing Director in Private Credit
+5 My guess is that Ryan doesn’t have advisors unless you count TD as an adviser. I think he prides himself on being lean and doing things himself. Hags28
+5 Why is it €2? They should charge 2 Swiss francs  Analyst 1 in IB - Cov
+5 You're always thoughtful, so I don't want to spend time rebutting each of these points. I also agree with the capital cycle framework you're applying to data centers. Director in RE - Other
+5 NoEquityResearch CRE
+5 In MM, Sponsors don't really hire advisors to arrange financing, they either have an internal capital markets team that does this for them, or the deal team handles it directly. VP in Private Credit
+5 I work at a Hedgefund and I will tell you that if I ever met or found out someone worked at AlphaSights at any point in their career I would mentally deem them a retard and they would never be able to escape that Analyst 2 in S&T - FI
+5 Ask if they have strawberry milk. Shows that you're a true milk connoisseur.  Substack_Guy
+5 Interesting take. I started out as a broker (now at owner/dev) and enjoyed it but let's be honest brokers are gonna be the FIRST to go in this AI transition. brosephstalin
+5 What does their capital/fundraising look like? CRE Credit
+5 You WF Anchorage guys really are something. nooneinparticular
+5 I’m in the most recent Academy intake and it’s apparently very well known that the accounting professor changes your grade by +- 10% depending on how much he likes you. Ughh. Intern in HF - EquityHedge
+5 Ownership remains at a relatively consistent basis because that is in general what people want.  PEarbitrage
+5 I respectfully disagree to an extent with this take. It all comes down to the individual, their scenario, and what they want to do in life. Fred Fredburger
+5 Congrats on shitpost! Analyst 1 in IB - Cov
+5 Hub and spoke model operators / developers centralizing operations to the mothership is a popular play call right now.  ThatGuyBalls
+5 I tend to not comment on this type of topic but felt that you raise some good points. However, one of the biggest issues with DEI is that its set up as a zero sum game currently. Analyst 2 in IB - Cov
+5 What are the best credit seats? bmm112
+5 I'd say you're pretty much there. One set up is: Employee Level tab (shown above):  VP in Consulting
+5 Age: 40 YoE: 14 Current Role: Director at a Bulge Bracket Total 2025 Cash Comp: 550k Smoke Frog
+5 There isn’t really much difference, as all the traditional valuations apply (DCF, LBO, Comps, Precedents, etc.) A few off the top of my head: Mastery 7 IB Shitter
+5 You sound like an entitled smartass prick. Partner in PE - LBOs
+5 asmith_1Yes there are cowboy GP's who go with it, but they are the outliers and far outnumbered by the folks who drive with 10-and-2 on the wheel. Ozymandia
+5 I’m shocked that the WF fanboys haven’t complained about not being included. Intern in IB - Gen
+5 lol, no. Idk where you are getting your info but no AM is paying a 5th year analyst $1 million. Unless they are truly a superstar and like going to be made PM early.  Research Analyst in AM - Equities
+5 Honestly I’d take Wells Fargo CRE Banking over UBS REF pretty easily. UBS CMBS is interesting, but it’s very product-driven and tied to securitization cycles. bananan114
+5 Seeing many paid promo posts and pretty scammy comments lately. As someone who has paid for basically every resource out there I’ll try to give an objective assessment the WSO community deserves. Analyst 2 in IB-M&A
+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 This is a highly inaccurate list lol Analyst 2 in IB-M&A
+5 I left UBS because they started charging for the gym - not even kidding, that was what drove me over the edge  Analyst 2 in IB - Gen
+5 The limited full cycle experience is certainly a limitation for going out on my own, though I don't know if I'll ever have the risk tolerance to really pursue this. Analyst 1 in RE - Other
+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 Isn’t it all relative? banana135
+5 Yea they're pretty solid. They've been pretty hot. They all do kind of different things right, you just have to look at what the rest of the MM does. Analyst 1 in IB-M&A
+5 DB is that bad huh? Anonymous Monkey
+5 Selling subprime MBS and shorting SaaS debt qazwsx246
+5 "What has AI revolutionized.  How is the world different?  We've been promised this "revolution" for half a decade now and it still seems to be a couple years, a couple iterations, away" Director in RE - Comm
+5 Don't think anyone on the forum can objectively give you useful perspectives in so far as I believe you're hoping for someone to point you to "what you should do" in this circumstance.  Associate 3 in PE - Other
+5 My personal opinion is a lot can change from now to then. The two guys now Matt and David are good. Let them run it for as long as possible. I like them both from what I know about them. Hags28
+5 Went to UT McCombs for undergrad and had a number of friends in the college of liberal arts (where the econ department is housed). Associate 3 in CorpStrat
+5 I think the private credit space is just like many of the other flavor of the month finance sector we've seen for the last few years/decades - here to stay but in the moment way overblown. Ozymandia
+5 My little thoughts since no one else chimed in Nomura in the lens of the Japanese banks is like what credit Suisse was in the lens of European banks Hags28
+5 They’re a bunch of douchebags over there but it’s good experience.  Covid19Brah
+5 Yeah she's lacking vitamin D, next time you're on a call with her on WFH day just say "well at this point might as well be face-to-face, do you want me to come over hehe" she'll take the bait like a massive tuna fish, then Partner in IB - Gen
+5 No, it’s not enough anymore unfortunately. Had an interview for a MM TMT team Off-cycle and I didn’t even come close to being good enough from just the 400. stayfrosty1337
+5 I tipped my MD and landlord too much already after bonus season, otherwise I’d pitch in for CVP Fjsjrjdns
+5 I did one of these courses and will present a counter to the Oxford narrative. Ultimately, choose based on which experience you would enjoy more socially and academically. College makes a difference too. Associate 1 in PE - LBOs
+5 I once valued an infrastructure project based on its terminal value. Nice try bro, but you can’t top that  Analyst 1 in IB - DCM
+5 Current PE VP and largely agree with your takeaway. The better risk/reward and more likelihood path is try to become an MD in IB. Compared to trying for MD in PE, it is (a) much tougher to make MD in PE vs. Associate 3 in PE - LBOs
+5 EVERYONE SEND A COMPLAINT EMAIL BACK. LET’S REVERSE THIS. THEY CAN’T CHANGE AN OFFER LETTER A YEAR LATER. Intern in IB - Cov
+5 I’m going to assume you aren’t in the industry yet because non targets are everywhere. My bank has a ton of people from state schools you wouldn’t even think of for finance. Analyst 1 in IB - Gen
+5 I have been talking to techie people that I know about this, who have a more sophisticated understanding of this than I do, and it seems like the common theme among their takes is that these are not anything resembling hum gershan
+5 If you read the fine print they’re actually allowing you to use pre-tax dollars to pay the facilities fees, so you get to use the bathroom AND reduce your taxable income. Associate 1 in IB-M&A
+5 Agree that management at non banks understand the agency lending business. That's their bread and butter. Director in RE - Comm
+5 Here are my thoughts. This is business. You made a deal. Your word is your bond. You now want to switch things up and change the deal. You’re in the lower position.  Hags28
+5 is this real? bananabanker11
+5 What a load of b/s. No target student with a 3.2 is getting an interview barring something exceptional going for them.  Associate 1 in IB - Cov
+5 Heard something similar! EaglesFan18
+5 You’re not too young if this is what you genuinely want to do and are willing to put in the hard work. Associate 1 in IB-M&A
+5 this is all nice and employer friendly... but you have to look our for your own career first. If this new place is a material step up, take the new offer and move on. Investment Analyst in HF - Event
+5 It will most heavily impact all of the 'marginal' jobs and/or seats across the industry. Addinator
+5 Yibog: Mind sharing those stories? Analyst 2 in IB - DCM
+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 A guy I knew on the CIBC Van m&m team used to prefer going to the rippers at 11pm after work than home to his actual gf. 3+ days a week LOL. Associate 1 in HF - EquityHedge
+5 Aligning yourself with senior folks that are willing to be vocal about your performance + getting lucky on important / longer term staffings that require team continuity. Investment Analyst in HF - EquityHedge
+5 Yeah agree on all fronts. Lazard seems to want to trade places with Solomon partners. Analyst 1 in IB-M&A
+5 I echo above comment from Jody. At the end of the day if it’s for an intern / FT analyst role, the job is less about technical finance knowledge and more about just “being a slave to the bank” so to speak. Hags28
+5 UBS appreciation post randomfreshmanguyuva
+5 If I decline the bank offer, does that burn bridges in a way that could come back later? a) if your not reneging I don't think so, but I never worked in investing banking.  Analyst 1 in Consulting
+5 . Associate 3 in PE - LBOs
+5 Can you provide more context? Is it an allocator that is specifically focused on venture and growth? Or do they invest broadly across different asset classes and you get some exposure the VC/growth managers…? kanon
+5 Least disgruntled ubs employee  Associate 1 in IB - Cov
+5 Since 2022 - there has been a noticeable increase in tolerance for known biases / lower Sharpe ratio structure of old-school discretionary macro. Trader in HF - Macro
+5 2 YOE in S&T > 2.5 YOE UMM IB Analyst > 1 Year Unemployed (near the end was looking at anything under the sun from corp dev, VC, strategic finance) > 1 YOE IB LMM Associate > Just got two offers ... BubbleEconomy
+5 Best investing seat last five years not correlated (and often inversely correlated) to best next 5-10 years midwest_analyst
+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 Tides are turning and reaction from CVP and all other banks will be to just avoid hiring types like this girl. Short term selfish gain for long term pain to her demographic. Classic. Associate 1 in PE - LBOs
+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 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 Wells Fargo is paradise  Works at Wells Fargo and Company