Highest Ranked Comments In The Last Year

+4 Agree it is possible. The key is probably being able to show an understanding of restructuring, Chapter 11, LME, and the ability to underwrite more complex and difficult deals (especially non-sponsored deals). relatively_levered_loans
+4 At single managers who don’t have pass throughs (and also usually don’t run massive back-leverage), AUM / head absolutely matters for total comp pool. Principal in Research - FI
+4 From what I understand, it is correct. The way I think of it: ballknowledge
+4 I'm sure all of the MBA associates will be devestated to learn they won't be able to interview for Raymond James' trailer park vertical side note, aren't all MM's generalist at the associate level?  Works at Citigroup
+4 usernameladiesman217: The_honorable_JP
+4 Honestly, unless you have an extremely valid family reason, I would say focus on doing great career wise and life wise in China. Jaded Rainmaker
+4 Found someone who definitely received help… lol what a clown for being aggressive. I never said it’s bad, I just said it’s what makes a huge difference in your NW.    Investment Analyst in HF - Event
+4 The better question is: where does your finance / investing background actually create an edge inside an AI company? For PE/IB people, that is probably not core ML research. Ex-consultant in Tech
+4 I'm not really sure why we feel the need to compare this. I mean, you could do the same thing with so many jobs. Doctors make less on average than senior bankers. Do doctors not deserve to make more?  usernameladiesman217
+4 Quiet, piggy Analyst 1 in IB - Gen
+4 In more or less the exact same position as you so will throw my 2 cents / how I've been thinking about it - PM me if you want to swap notes or discuss approach at all. abcd0987
+4 Jeffries is the name of your mom’s crack dealer. It’s Jefferies. But good q - I don’t have a good answer. The_Fisher_Account
+4 Based on the premise that nothing changes, if you want HF, the best way forward then is to recruit as early as you are willing, provided this is truly a top seat. So yes I agree, just apply and network now. Associate 3 in HF - Other
+4 Total dog shit  Intern in IB - Gen
+4 Ex MBB in tech here. I don’t think the main risk is that data centers are a fad. The main risk is that the sector stops being “special” faster than people expect. Ex-consultant in Tech
+4 yeah just to reiterate what everyone else says. My answers were ass and I still got AC and offer. JPM is very random. So just do the best you can and forget about it till you get the call up Analyst 1 in IB-M&A
+4 It's one of the sadder changes in the demographic of WSO...used to be actual bankers talking about every major deal on this site Associate 1 in PE - Other
+4 I think this is generally the right answer. Deal Team Six
+4 You didn't get into HEC or ESCP ? Both are better choices for London than Essec.  Go for LSE, it's unbeatable in London.  Associate 1 in ER
+4 As the other comments have said, it really is hard. I would also add of course it depends on your bank and group. Analyst 2 in IB - Cov
+4 Most people that have been around have a known reputation good or bad. Some might be great investors but difficult to work with. It's not that hard to figure out. MMPM
+4 I've been using it to build tools that automate a bunch of accounting work. Also use it to respond to people who obviously use AI to write an email since I'm not going to put effort into responding to it. cragfar
+4 Just another example of PE being one of the most retarded jobs a person can work (I work in PE). The traditional associate experience is straight up abuse and it’s stupid to pretend it’s anything but. Associate 1 in IB - Gen
+4 I spend a lot of time with the Hunter point guys and they’re super sharp. People seem to be happy-ish with comp / the work the question their I think is where do they take the business over the next 10 years. ravena
+4 Lube and a condom ideally Analyst 2 in IB-M&A
+4 You're confusing league tables with prestige  Intern in IB-M&A
+4 I wonder if Trump thinks Jerome Powell unilaterally decides to increase or cut rates. Substack_Guy
+4 you're an incoming '30 at a nontarget acting like this can't wait for your dreams to get crushed  Prospect in IB - Gen
+4 EBITDA adjustment review on cims. Prompt is basically pull every add-back, bucket them (one-time, owner comp, run-rate, synergy), grab the banker's rationale and flag anything vague or missing. Dr.Leigh
+4 Fair but HL RX NYC > PWP NYC RX.  Analyst 1 in IB - Gen
+4 HC team doing quite well this year as well senior_associate@goldman_stanley
+4 Pretty much all P&U groups at BBs are good (JPM, GS, MS, BofA, Citi). Analyst 1 in IB - Cov
+4 “You need to typically be very bright to do well in quant or engineering.” Quant maybe. Engineering just takes a lot of work and discipline. arossi11637
+4 What school do you go to? dnskndke
+4 I know the feeling all to well and it probably feels like a gut punch right now. I would keep your head up high and keep moving forward. Associate 1 in IB-M&A
+4 The interesting part is that AI is attacking the exact skills that used to justify the junior-to-midlevel apprenticeship. Aspiring_Monkey_
+4 Network your ass off, both internally and externally.  CRE
+4 Lol this forum really does make people go insane - I have been on this forum for close to a decade now and the topics de jure have literally never changed.  Associate 2 in PE - LBOs
+4 Sds will be out next week for batch 1, they are doing two batches. Batch 2 r1s scheduled for March first week but looking to fill majority spots in the first batch dnskndke
+4 There’s not much you can control beyond doing strong work and learning as much as possible. If the firm is shrinking, promotion odds from associate are naturally lower, so I’d treat that realistically. Associate 1 in PE - LBOs
+4 Lincoln is competing with the WB, Baird, HLs of the world and deserves more recognition, especially in industrials. Coming from someone in another MM industrials group.  Analyst 1 in IB - Gen
+4 Associate 3 in RE - Comm IsItREPE
+4 They are the inventors of buy & build. Associate 1 in PE - Other
+4 Former Leerink junior here. Take that healthcare services associate’s pitch with a massive grain of salt. Analyst 2 in IB - Gen
+4 I agree - most likely a marketing firm. It is interesting seeing some of these gurus act like an operator but really they are just salesmen. TheDebtStar
+4 If you know you want to go to the buyside: you kind of just have to do it, for most people it’s a 24–36 hour sprint. Associate 1 in PE - LBOs
+4 Off the top of my head: Blackstone, Ares, Starwood, Brookfield, Harrison Street, PGIM, AEW, Tishman, and Bain all have internship programs and give returns.  CREMonkeyz
+4 IB12344321: Any insight on TMT? Analyst 1 in PE - LBOs
+4 “1/10 rage bait” Proceeds to get baited into rage. Associate 1 in IB-M&A
+4 Essec is a non target for London. They take quite mixed profiles, and career services are mid. The only ones worth doing in France for London IB are hec or escp at the moment.  Bander77
+4 Worked at one of the growth arms at one of the names you mentioned. Culture is pretty good in that I really liked everyone I worked with. From an hours standpoint you're either sourcing or executing 6 days a week. Determined
+4 This sounds less about AI and about your director usernameladiesman217
+4 This is the story arch of pretty much every UBS MBA associate I know Associate 2 in IB - Cov
+4 Would agree with the above comment. Whether the modeling gets outsourced is highly dependent on the bank and deal. Generic Banker
+4 Tell me you haven’t gone through PE recruiting without telling me you haven’t gone through PE recruiting. Everyone competes in the same pool. Associate 1 in PE - LBOs
+4 Ex-WF here, not mid-cap I would say Mid-Cap is a very relaxed group that provides a decent learning environment. I'll say though, there are two main issues with the group.  privatecredit1
+4 Got it. Given that you're a junior VP, I'd vote #2. At this point in your career, deal reps are super important (sounds like may not get many at current shop). SaaSChimp
+4 Ex-WF IB Analyst hereHave heard the following: M&A tends to be really work hard play hard (music in and grind), IND and REGAL pretty fratty. C&R tends to be pretty chill.  privatecredit1
+4 Also recruiting right now, so I might be wrong, but I'm assuming the Cramdown test used in the rx guides would be correct since in the BKC Code in section 1129 it states, "Notwithstanding section 510(a) of this title, if a 9898cabo
+4 My 2 cents... Married for quite some time before making a drastic career pivot from a regional, non-finance role to investment banking in NYC.  CapTableTriage
+4 Analyst 1 in IB - CovMind sharing what you are doing now after WF? Did you lateral to another bank  privatecredit1
+4 Currently an ASO1 in NYC but long term plan on moving back to my hometown (T2/3 city) where there are only a handful of MM/LMM PE shops, much less those with openings. Associate 1 in PE - LBOs
+4 Curious to hear Baird numbers (across all levels) - should start coming out this week and next. Analyst 2 in IB-M&A
+4 Think about why you really care. Is it so you can feel better about yourself for going to an indisputably “better” / more prestigious EB? The_Fisher_Account
+4 Good luck exiting when you don’t have any M&A deals on your resume! Analyst 1 in IB - Cov
+4 You’re not understanding that not everyone cares about doing IB. Like the other guy, I oversaw recruiting at a GS/MS/JPM and what he said was spot on. Associate 2 in PE - Other
+4 Just prep your deal walkthrough and tell me about yourself. Maybe read up long-form news on companies / economy (seekingalpha is good for this). Associate 1 in PE - LBOs
+4 You learn these things by doing and spending time speaking with owners, developers, brokers, users, etc. Its a somewhat niche industry but once you are in it, none of it is that complex.  Dev_WanaBe
+4 You can exit direct from IB. Many smaller endowments and foundations are generalists, so you will have to teach yourself more about public markets. David Swenson's book is a good overview. Associate 1 in AM - Other
+4 GS in general will pay slightly below market, however for top performers generally pays decently. Associate 1 in IB-M&A
+4 If it were me, I would give $15-$20mm to 1-2 financial advisors to invest in the stock market. Fred Fredburger
+4 You must not know many healthy seventy year olds as this is a dumb take. People I know in that age bracket: fly their own plane, travel extensively, volunteer, enjoy spending time with their kids and grandkids.  guyfromct
+4 Thank you Intern in IB - Gen for your perspective. More than likely this is some sweat trying to force it to kickoff as early as possible. Analyst 1 in IB - Cov
+4 That depends. Associate 2 in IB - Cov
+4 I made the same decision this time last year between MORSE and UCL for a very similar course. First off, MORSE is very tough. Intern in IB-M&A
+4 Yeah pretty much this is common throughout the industry. I ran into this at my old fund(s). kuf135
+4 my plan is to work in ib til i get enough money to raise a family, which is driven by my catholic religion... so ig its just a tradeoff pxwb
+4 This is so spot on. Associate 1 in IB-M&A
+4 Not sure I see it that way to be honest... For sellside, as long as their remains vehicle(s) for capital to get to small players (and small players have desirable capabilities), there will be mandates for bankers. VP in IB - Cov
+4 Typically your group will give you some guidance on this, reasonable question to ask your summer staffer. Associate 3 in IB-M&A
+4 Congrats on Cornell! intern67
+4 Its not even H1B filing season retards Assistant in Non-profit
+4 I think you're overthinking this. Interviews will focus on: SaaSChimp
+4 Real estate is played out. Too many syndicators still looking for deals. People are pricing it like it's as efficient/liquid as the stock market. I don't think RE will really recover for ~5 years.  Multif@mily4Life
+4 (1) "I’ll be more clear since you couldn’t understand the implication that I thought would be obvious." jl12
+4 I think it’s replacing associates. Frankly the quality of research is much higher, turnaround is faster, and it’s easier to tell when AI gives a bullshit answer. Partner in PE - LBOs
+4 Least obsessed EU4 player Analyst 1 in IB - Gen
+4 Space is not a particularly viable place to put data centers.  jl12
+4 In most cases I think a normal EB (CVP, EVR, MOE, PJT, LAZ, PWP) outweighs the niche boutiques. Associate 2 in IB-M&A
+4 you must be feeling really smart now huh thebigsnort
+4 One time as an intern I was working late on a friday night to make this excel model that I thought would make me Jesus coming when I showed it tto my VP on Monday. Gold-ManSacks
+4 reformedPrivateTechquity 🚀🚀🚀 PrivateTechquity 🚀🚀🚀
+4 Really not all that awkward; you'll see once you actually start how people go about doing it. Echoing the above, you'll usually ask in person or message them, depending on how busy and large your team is.  Prospect in IB - Gen
+4 Did this actually happen? - Sophomore recruiting keybanc StupidMonkey1
+4 Also i think this post is a stealth ad… it would be straight up retarded for someone making ~$415k at a UMM pefund to go to one of these companies.   Associate 1 in IB - Cov
+4 . IB Intern in IB-RX
+4 u just named every single shitty undifferentiated JAMMBO that won't be around in a couple years Prospect in IB - Gen
+4 I have had this issue. The way I dealt with it was confronting them directly and tried to have a genuine conversation to understand where the disconnect was coming from. Analyst 2 in IB-M&A
+4 equitymuncherplease do tell us more Managing Director in IB-M&A
+4 4 is too harsh. I wouldn't say don't trust others, but more like don't disclose vulnerabilities or disclose emotional takes. Otherwise sure, grab some beers, go do some sports together, have some laughs, etc.  GS under Blankfein