+4 HPS controls everything. Been doing heavy lifting in the EU DL team.  AmendnExtend
+4 Correct, currently all the ubs ib ny openings are in trash groups Analyst 1 in IB - Gen
+4 Assuming you are starting from scratch (i.e., you haven't identified a company you are trying to build a thesis around), think of the process like stacking assumptions and analyzing the implications of said assumptions &… Investment Analyst in PE - Growth
+4 Analyst 1 in IB - Gen
+4 No joke, that’s a legit consideration. Analyst 2 in IB-M&A
+4 Is this a joke? They’re going to pay you $500k to $1m a year before you turn 30. And $1 to $5m a year when you’re 30+ … and you’re worried about how much of your monthly health insurance bill they cover? Principal in PE - LBOs
+4 Three years of sell side experience and “did not score highly enough” to advance (this was after I had a good convo w the PM). FWIW, I got the balance sheet to balance and most of it was intuitive. Associate 2 in ER
+4 Vandy undergrad is not a “target” since there’s no business school or finance major, but it still places plenty of kids in IB each year. VincentChase
+4 Congrats on Stern! Intern in IB-M&A
+4 The headlines were already pretty heavily against CVP... Associate 3 in IB-M&A
+4 $350k all-in is only a lot of money to 26 year olds and people living in Winston-Salem North Carolina. The math isn’t what you’ll make now in either seat, its the trajectory. Principal in PE - LBOs
+4 It sounds like your parents were heavily involved in your childhood and shaping who you are today. Ask yourself if you can provide the same to your (future) kids, while working a finance job until 60. VP in PE - LBOs
+4 South end bar scene. Hit on chicks at Nicky O’s and Goldie’s. Trio if you are into EDM. Selwyn Pub can be good too for watching games etc. Stay out of Uptown at all costs. larry david
+4 Jaded M&T analyst vs. Chad GIG analyst Intern in IB - Gen
+4 I work on the buy side. The comp range is wider than you’d think (for better and worse). And the correlation between IQ and earnings isn’t as strong as you’d think either. Especially in a 15+ year bull market. thegreatspoofing
+4 I'm seeing a few misleading comments on this thread. For context I'm based in the UK, at a large bank (not a boutique 4-person shop), and a senior banker. Count WACCula
+4 It’s not linear transition and the skill sets don’t overlap a ton but it can be done. Director in S&T - FI
+4 I know the place pretty well through several touchpoints. Dr. Rahma Dikhinmahas
+4 You have a nice resume broadly speaking. With that said for a lot of IB/PE they typically recruit out of undergrad or an MBA vs Masters program. Associate 1 in IB-M&A
+4 It's not common but it's not out of this world.  Determined
+4 Ignore header, incoming BA/AC/associate at MBB NYC and might as well hop in. Analyst 1 in PE - LBOs
+4 He single-handedly pulled JPM to the top of the IB league tables in EMEA anon1982
+4 Came from MBA too and felt like this for me... but for friends at some other programs was drastically different. As they say mileage varies so make sure you know the prep well. Associate 2 in IB - Cov
+4 AI shit answer Analyst 1 in IB - CB
+4 Timeline is difficult to comprehend, but once trust and accuracy is fine-tuned, I think this will especially reek havoc on the boutique and middle market firms in the next 5-10+ years. Chopped_Banker94
+4 Institutional firms value a background in valuations, especially for a portfolio management seat. Associate 1 in RE - Comm
+4 TD and Scotia pay and promote women for existing https://www.wallstreetoasis.com/forum/investment-banking/canadian-ib-poll Analyst 1 in IB - Cov
+4 Stern is a tough place to go to school. The kids are brutal. It might have more total opportunities (maybe not, not sure these days) but everyone is such a slimy hardo. Analyst 3+ in IB - Cov
+4 Aside from the risks and the loss of 2 years of productivity, there's the fact that you woudn't be 6'3 the way a normal tall guy is 6'3. Dr. Rahma Dikhinmahas
+4 You came to an IB forum to tell us this?  This reads less like you're proud of your current career and more like you're trying to get validation that your plans make any sense (they don't).  RedWhiteAndWho
+4 Analyst 3+ in RE - Commhampster ...Hamster IsItREPE
+4 Q- Previous comment; regarding your response re: conviction/investor mindset. The shop I'm at trains strong fundamentals and business acumen. What skillsets/experiences bridge the analyst --> investor mindset? James' Bond
+4 As I noted above, yes absolutely he should lose the subsidy with income. If you're on food stamps, you don't get to keep them once you make $230K per year. NoEquityResearch
+4 This is almost certainly not a Wharton thing but a first-generation / immigrant / scarcity-mindset Asian American thing. Deo et Patriae
+4 lots of Europeans complain about immigration, more notably UK and France, but then I can't stop wondering who will pay for their pensions  GS under Blankfein
+4 Why was this moved to off topic?? This is related to IB and people should be able to anonymously post about it.  mr_purple
+4 Happens all the time. We need to be more specific about what is prevalent and that is Gender DEI. VP in IB - Cov
+4 Similar to the above response, the company you’re targeting also matters. There is plenty of “REPE” out there beyond Starwood and Blackstone and you can still brag to your non-finance friends about it just the same. IsItREPE
+4 Very much appreciate the candid feedback. madduxrich
+4 It isn't a big deal. I heard Marco say within half an year they are implementing this new policy where juniors can WFH full time pro Bono. nooneinparticular
+4 Meh I disagree…I do non-therapeutics hc — think the moat around every sector is a spectrum… Associate 3 in ER
+4 Wanted to let you know that I started doing this when you suggested it and my errors disappeared that week. Have made a habit of this and it’s made my work life 10x better. Thank you sir seekinthealpha1
+4 FinnesseGodI stand by my statement - $150K a year that you can use is better than $1M with golden handcuffs.  IsItREPE
+4 I have friends who were in a similar spot and did fine taking the PE analyst offer. $3Bn fund is pretty sizable, I’d imagine most in PE would be recognize the name.  Analyst 1 in IB - Gen
+4 No, do not quit without something lined up. Unless your job is toxic to the point where it affects your health, just recruit on the side. It’s an extremely tough job market in publics. Investment Analyst in HF - Event
+4 Unfortunately it's the former (reading newsletters/press releases/deal announcements plus just learning firm/buyer behavior from spending time in the industry and seeing how firms approach bidding, where they buy vs. SaaSChimp
+4 There's nothing wrong with having a career in DCM / ECM, whichever group. Anyone who says otherwise has a very inexperienced / narrow perspective. RonaldBacon
+4 This unfortunately happens a lot that people don't really realize until they get into their seat. RonaldBacon
+4 If you have a family business of that size, you should plan on taking it over and growing it more. You owe it to them to build upon the foundation your parents layed vs trying to lay a new one. Associate 3 in PE - LBOs
+4 You wanna use adjusted numbers (non-gaap) — press releases provide reconciliation. Associate 3 in ER
+4 Surprised they're doing an in-person for just a first round. I've done a couple during my post MBA recruiting so happy to share some color but note every firm is different. VP in PE - LBOs
+4 Cant give too many details but would personally not recommend - analysts drop in that group like flies (pre 2yr mark too). Source - knew someone there. Analyst 1 in IB - Gen
+4 Because most people who have succeeded enough to get into a good college, etc. have gotten very good at following "the path," i.e. get these grades, do these extracurriculars and you'll be successful / happy. PE-biz-dev
+4 the bank account thing is actually fucking crazy Intern in IB - Cov
+4 same what the actual hell is this glad i didn't move on in the process holy shit Intern in IB-M&A
+4 BYU IB Analyst - 21
+4 Yeah just let me tap into my live database of returns rq Analyst 1 in IB - Cov
+4 Yeah but yt men don’t have the balls to go after Yt DEI Beckies. They hate on diversity all day long but conveniently forget who the prime beneficiaries are. VP in IB - Cov
+4 Highly unlikely you can transfer to a top school w a GPA that’s this bad Prospect in IB - Gen
+4 I've gone a lot deeper in the space since the last post, so I'll add some notes here, given that this is a very critical part of the market at the moment: Manager in CorpDev
+4 Analyst 1 in RE - Other CRE
+4 Turn down the job and give it to me Associate 2 in PE - LBOs
+4 I work in cmbs originations and am familiar with the REB program at wells. My take is going to be a little biased but thought I’d share. Analyst 1 in RE - Comm
+4 Interviewed at 20+ funds across my time in banking, got mostly wrecked in on-cycle + to later stages in a few processes that didn’t pan out. Investment Analyst in HF - Other
+4 S+++++: Any target school hockey/lacrosse team Intern in Consulting
+4 The number shouldn't effect whether or not you'll be successful in another process. But failing that many in a row in the early rounds might be indicative of a broader problem in how you're interviewing. PrivateTechquity 🚀🚀🚀
+4 Thank God, we should give American jobs to Americans  Analyst 2 in IB - Gen
+4 Pulled out the Carter folian what the fuuuuck did i just watch Prospect in S&T - Equities
+4 I love how companies hire MBB to tell them how to cut costs and the answer is always reduce headcount like no shit Intern in IB - Cov
+4 This has happened to me before too. Was paid based on how team did which was flat / nothing. It sucks ass but the reverse has also happened to me. I was flat but team was up a bunch and i got paid well. Analyst 3+ in HF - Other
+4 Its true - AMERICANS first. And only. Analyst 1 in IB - Gen
+4 Is is true UBS is no longer sponsoring candidates (UG or MBA)? Heard from my school last week about this but didnt know if it was true. Analyst 1 in IB - Gen
+4 My top concerns with AI are NEVER addressed in comments/posts like these.  user_5991
+4 Thanks for the insights VP in PE Intern in IB - Gen
+4 Escp MiF is 2 year so doesn't fit your need. But if you're French/French speaking then that's the one I'd recommend. Bander77
+4 Joe Exotic is exactly how I picture you in real life PokerSlopWars
+4 this thread is way more entertaining than expected  Research Analyst in HF - Other
+4 It is hard to say working in IB is prestigious in the big '25 when vc, startups, straight to PE, and quant all exist. It's like being in first on the B team.  green_duck
+4 I recently took 1-2 months completely off of networking, and some weeks on vacation from my day job, for these roles just because I was so burned out from the immense competition versus current ASO2's, post-MBAs, and the l Associate 3 in PE - LBOs
+4 i come from a society where casual sex is impossible. i just wanna live the high life with lots of 4 lips zuriwasser
+4 if you're used to this routine and you're not stressing, then it's one thing. Kevin25
+4 Bunch of fucking nerds here. Yes buy the watch, you can afford it and want it BenBernyankin'
+4 Rounding to 3.8 likely wouldn’t hurt. In my experience: anonymizeplease
+4 Hit a nerve didn’t I Congrats on LIFA/LTG Analyst 1 in IB-M&A
+4 Robert California type shi Prospect in S&T - Equities
+4 this happened at cantor fitzgerald lol Teller in Non-profit
+4 at least be helpful and drop which are interviewing -someone who interviewed at PJT and LAZ this week Intern in IB - Cov
+4 Nice I Have No Mouth reference newtown_creek_superfund
+4 I haven’t worked with ManuLife directly, but my cousin was a senior exec in their Tokyo office (left them over a decade ago for an international REIT and now a top guy at a conglomerate). odog @digitalimmortality.com
+4 Curious if this was direct lateral or academy. They give the test to everyone?  FinanceBrah
+4 All of you are DEI Beckies as you benefit from quotas.  Intern in IB - Cov
+4 You should probably try to make it work before throwing in the towel just because. College is the last time in your life where women generally love you for you. Amazon Prime
+4 Literally anything & everything you should try getting exposure in. Prospect in IB-M&A
+4 I finally bit the bullet and got a Pro subscription. I'm toying around with the excel plug-in over the next few days. I'll update this thread with my thoughts. Or maybe make a new thread. Anthropic pls pay me. larry david
+4 I'm waiting for all the America First isolationists to chime in about how this time it's different. Ozymandia
+4 You wouldn’t call it propaganda if the fee revenue league tables showed UBS was top 10 Analyst 2 in IB - Cov
+4 Nah that guy's right. It's a nightmare to hire women and deal with them in general For example, based on your whiny behavior, I don't even need to check to say you are probably a woman  Analyst 1 in IB - Gen
+4 ^Additionally, I've included below a link to the data-driven rankings I put together in the biotech and broader healthcare space with some useful commentary, as well as recent links I was able to find about the state The_Biotech_Banking_Expert
+4 London -  AN1 xxxxx anonf0fty
+4 It’s more annoying to be weird about it. liquidiot