+4 Sweaty, tons of turnover at all levels (including several seniors), bad culture, and recently also quite bad performance after a resurgence following their massive downsize from MF back to MM. Pay is decent. VP in PE - LBOs
+4 Won't lie to you, you generally shouldn't budget around a bonus. It's an uncontrollable variable. Generally, my policy was and always has been live off the base, invest the bonus. Trader in HF - Other
+4 SaaSChimpOk helpful. Two more: Associate 1 in PE - LBOs
+4 Hold strong! We must not say anything positive about UBS fellow monkeys. Analyst 1 in IB - ECM
+4 There are so, so many things you said that demonstrate how you are relying pretty much exclusively on your emotions over how any of this actually works. jl12
+4 Addis Ababa banking tierlist next? teng30003
+4 He then asked me about a time I led a team, and I talked a bit about my fraternity to ease up the tension Did you talk about leading your ASU frat? esdeekid67
+4 Leadership: It is a bonus after all, we don’t have to pay it Prospect in IB - Cov
+4 Yes, if you come from money/are nepo, what was historically easy for you should overall still be easier for you just with a bit more competition and a bit less allowance for stupidity (I've seen nepo's still not get RO's b Recruiter in CorpStrat
+4 Bump did they come out? IBGigachad
+4 Ya I think the low hanging fruit is just going to be operational in nature- getting updated data, showing it. That type of thing. oil_quant
+4 Not really, it just means wages were overly inflated in 2021 and revenues are catching up. It shocks me that people on a forum like this can't think beyond lunch time. Solutions are a cost to value problem. ioncewenttoschool
+4 The things being stated here are very commonplace at my other BB. Is this not at UBS? Analyst 1 in IB - Gen
+4 When I went to community college, I saw people in their 30s, 40s, 50s, and beyond all looking for an education. usernameladiesman217
+4 I think quality is subjective here but AAPL used to be a machine in acquihiring small cutting-edge technical teams to keep their products superior but idk clearly things aren’t going well there today. liquidiot
+4 Spoken like a true bottom bucket analyst Analyst 1 in IB - Cov
+4 10 AM U.S. inflation print  yieldcurvemonkey
+4 Am at UBS: the deal flow sucks, but at least for my group, all my seniors are super nice and reasonable people... they are just bad at their job of getting deals. Analyst 2 in IB - Gen
+4 You can lead a horse to water.... Part of how you learn is from your peers and people around you in the workplace anyway.  Rabbit
+4 I think this depends on what type of business you want to own and run. Principal in RE - Comm
+4 unless you’re above average (HTN+) female and willing to jestermax, you are not signing CB incrementalalpha
+4 I don't know why you're frustrated - you're a month on the job. Every group and team operates differently across firms so no one is really going to have a consistent answer as to a breakdown between meaningless tasks vs. RonaldBacon
+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 Commenting on this here as well for visibility. Ended up looking more into this because of curiosity. Analyst 2 in IB - Gen
+4 Well she’s a girl so obviously her recruitment standards were far lower. Don’t take it personally, this happens all the time lol Teller in Non-profit
+4 Usually 1 vintage is okay, but two in a row is a body blow, and especially given these are the first 2 and only funds so far of a new GP (since you are raising fund 3) in the current environment this smells bad. Associate 2 in PE - LBOs
+4 My undergraduate alma mater is more internationally well-known and prestigious than both of Oxbridge so even if that’s true then it’s not a big deal. Regardless, what you say isn’t true. Donkey from Shrek
+4 OP you’re 22 years old. Find out if you even like working before you worry about a move 2 years from now, 4 years from now, or 15 years from now.  IsItREPE
+4 Yes this is fine. Most people don't have perfect backgrounds going into MBA. You have a bulge bracket name brand and a finance related job. Nobody Man
+4 The former - you can slip into programs that need more headcount or have people leave, and you're only a few months or a year different of experience vs someone who went to PE at the 2 year mark. Associate 3 in IB-M&A
+4 this thread is way more entertaining than expected  Research Analyst in HF - Other
+4 Top 1% on TipRanks LOL bruh is this satire? Research Analyst in HF - Other
+4 A friend of mine works there. Don’t know about the GP stake but they work hard and get solid reps. vishalg373843
+4 That’s completely fair, there is only so much you can do as an individual.  Associate 3 in PE - LBOs
+4 I work in at an infra MF and would recommend against it. Our PE colleagues down the hall work probably 25-40% less on average. Infra is so fucking sweaty dude. Analyst 2 in IB-M&A
+4 I can't emphasize that second sentence enough. Business School in CorpStrat
+4 kathygraceAtlanta (and the deep south) is a large reserve meant in containing the underlings of this country. I say this as someone born and raised here. IsItREPE
+4 There's clearly a gap between those schools. Interestingly, this is how the schools would line up if grouped by placement quality instead of quantity. Analyst 1 in IB - Gen
+4 Option B.  TLBandChill
+4 At end of the day it is work, not your life. If someone takes a stinky poo on your work product, don’t take it too seriously. When I was insulted in banking (which happened a lot), I thought it was pretty funny. Associate 1 in PE - LBOs
+4 don't come to Canada you'll work EB hours on $25M equity raises for a shitty mining company to get paid the equivalent of a bottom LMM boutique in the US (or less) Intern in IB-M&A
+4 There’s no scenario where the 1st firm takes it well but at the same time, I doubt anything will happen at all. It’s your life, ultimately. Associate 2 in PE - LBOs
+4 Big4 -> IB usually come from M&A, FDD or Vals. njb0036
+4 I think the broader misconception in this discussion is the attempt to force everyone into a single behavioral model. People exist on a spectrum from hyperactive or restless to more naturally balanced. GS under Blankfein
+4 This might be the most informative NW datapoint in here. Not bc of you, but bc of your trust fund. Principal in PE - LBOs
+4 Would recommend a magnesium supplement over melatonin. Invest in quality pillows that work for you. Keep bedroom cool, where a weighted eye mask. Drink some chamomile tea an hour before you want to sleep. Fast and Fiduciary
+4 That west village JAP might not have gone home with me but at least now she knows the difference between PWP and JPM.  teez
+4 Deal Team,  PeRmAnEnTiNtErN
+4 I tend to agree with this. Associate 1 in PE - LBOs
+4 I’ll answer this seriously. Yes, it’s possible, but it’s not as common. There’s a bigger technical moat the closer you get to pure trial analysis. Why? It’s a complex, data driven exercise. Classongrass
+4 Below market comp Associate 2 in PE - LBOs
+4 My HF has been doing a lot of work in the macro space around the pound and the UK recently. It's a place with a ton of opportunity specifically because of how fucked the country's finances are.  usernameladiesman217
+4 I really don’t know that saying Apollo is too for promotions makes sense. Sure they do it but the people they promote would have gotten promoted at these other shops too. SOFRsoGood
+4 Sorry but turning in work that you are unsure about under the guise of confidence is called incompetence. If you are not sure, you ask questions, how else are you supposed to learn? Analyst 2 in IB - Gen
+4 Yeah I definitely feel that. AtomicPenguin
+4 I'm waiting for all the America First isolationists to chime in about how this time it's different. Ozymandia
+4 wait until u on-cycle lol Intern in IB-M&A
+4 Are you guys stupid its obviously scammy as hell anonmonkey4
+4 Legitimately much closer to 26th than 6th. Would have to 3x bussiness to get to 6th Another 20% decline will likely put them at 26th Analyst 2 in IB - Gen
+4 If I had to choose one or the other, I’d prob recommend starting at a major or E&P - this is a safer route. And trading at a place like this is totally rigged in your favor. Themaster441
+4 I’ve seen it happen on the buyside but it’s rare. VP in PE - Other
+4 Respectfully, if you were so good at sales, why would you take such a big pay cut to grind it out as an analyst? Seems like a terrible risk/reward trade-off if you’re actually a good salesman. Investment Analyst in HF - Other
+4 UBS gave me 50mm TC and a concubine steroidmonkey
+4 #1- getting a job at Viking / Lone Pine / Coatue is exceeding difficult. The idea that you just show up and make $1m a year is a misconception. I grew up with a guy who play pro sports. Principal in PE - LBOs
+4 Definitely not. Associate 1 in IB-M&A
+4 My unprofessional opinion is to go for it. I was in a similar spot (except in PE) and decided to bounce right after receiving my bonus in January. Associate 3 in PE - Growth
+4 Yes. Ex-colleague got fired for this exact reason. Analyst 2 in IB-M&A
+4 I think caliber of UBS talent will go down which will lower their competitiveness for PE offers.  Prospect in IB - Gen
+4 She’s not letting you hit bro. Get the fuck out of my comments. The user made a comment, I responded honestly. rolo25
+4 Get ready to learn FP&A buddy CornFedCapTable
+4 dude single handedly ruined the rep of brown dudes on the street Teller in Non-profit
+4 Partner / co-founder at an Operator here (title is stale). We actually had an unpaid intern for a year or 2. Director in RE - Comm
+4 I’m sure the 2003 UBS-CS merger models had a 40% decline in market share after just 2 years Associate 2 in PE - LBOs
+4 With all the gift idea threads I've seen, I'd question if you folks have ever bought a gift for another soul.  FinnesseGod
+4 In before the closest communist CRE posts his smooth-brained response defending why wealth taxes are awesome and why all the seized money should be donated to LGBTQ / DEI minorities  billy_boy79
+4 If you’re 26 making seven figures in a non HCOL city….you can fly in your dates / who you’re dating KangarooOfWallStreet
+4 The difference is negligible in terms of IB placements, so make a choice based on which school you like better. Jack's Smirking Revenge
+4 UBS=Ur Bonus Sucks guyfromct
+4 Would 100% avoid - knew someone who interned there. Analyst 1 in IB-M&A
+4 Eros.com Analyst 3+ in IB-M&A
+4 While I generally disagree with tone and elements of this take I do agree with higher risk (will get to that in a bit). Anonymous Monkey
+4 Yall need to join me in the suburbs when the time is right. No schizos on the corner threatening to cut off heads. No needles in the parks. I don’t even see dog shit on the ground, let alone human. VP in PE - LBOs
+4 Partner in RE - Comm Pokemon Master
+4 This is just not true, Cornell recruiting is still fine, still places the most people at JPM, and got like 8+ into Evercore 1kjadshk
+4 UBS is a crazy life choice  Associate 1 in IB - Gen
+4 tl;dr PE sucks.  PrivateTechquity 🚀🚀🚀
+4 del anonf0fty
+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 Good point but the issue with your argument is that for the first time, we are seeing a technology that has the potential to usurp human judgement at scale. hedgehog9
+4 Now scratch everything and replace with AI agents… ;)) strghtfrwrd
+4 Are you French? If not, take ESCP. Incoming Analyst in IB-M&A
+4 Defer or master’s imo Associate 2 in IB - Cov
+4 No lie I remember recruiting for school clubs and when the kids would introduce themselves and what they're doing this summer, every person I thought may be on the spectrum were going to EBs. Associate 3 in IB - Cov
+4 Depends on EB or BB, it used to be that when i was recruiting maybe 85-90% are in the guides and now i'd say for BB shifting to like 70% and for EBs closer to 55-60%. Associate 2 in IB - Cov
+4 dude this is the gayest shit i’ve read all month Prospect in IB - Cov
+4 Hey mate, thanks for your comment. Deal Kangaroo
+4 Bro for the 50th time, you are a high school senior going to Stern. NO ONE CARES ABOUT YOUR OPINION ON RECRUITING BECAUSE YOU DON’T KNOW A THING. Associate 2 in PE - Other
+4 The only worth thing than a 100 hr week working on a deal… is a 100 hr week working on a fake bake-off your bank wasn’t invited to that seniors are doing for vanity purposes  Associate 1 in IB - Gen
+4 clear gaps between gs/jpm/ms --> bofa/citi/barclays --> db/ubs Associate 2 in IB-M&A
+4 Hi Marco, Quit whining, start deal making. Thanks, Fellow banker VP in IB - Gen