+4 "Oh no, my steak is too juicy and my lobster is too buttery!" Abusement Park
+4 Above average pay is great for the short term until you realize you will never even sniff carry and there's no spot for any promotions after a certain point because you are at a zombie fund. Associate 1 in PE - LBOs
+4 Since no one else has said anything I’m just going to say it. Kind of a gay name for a fund tbh  Cardale Jones
+4 You sound very qualified for the job so I won't worry about 90% of the stuffs that you mentioned here (you will pick it up on the job). Analyst 2 in HF - Event
+4 The team's function is to come up with internal risk ratings for loans and help navigate the internal approval process. Associate 1 in IB - Cov
+4 Just leave her be man.  Imagine she wrote this about you:  yawhtrow
+4 LPs cannot get access to alpha as a product generally speaking except through a few multis. Works at Citadel Investment Group
+4 The Department of Homeland Security confirmed Ross' injury, but has not yet responded to CBS News' requests for more information yawhtrow
+4 Definitely RBC. They always refer to themselves as a BB bank and they mention how they get on big deals even though they don’t do any work on said deals. Analyst 2 in IB - Cov
+4 OK so if your interest is mostly professionally-motivated (desire to do off-the-beaten path work), then it's a lot easier question than getting steeped into the local culture and living out the "fantasy". Managing Director in IB-M&A
+4 The reality is that you try hard enough, you can land at any bank you want to. It's not like Lehigh is some school no one has heard of. overandout
+4 UNC had multiple RX and buyside placements Analyst 1 in IB - Gen
+4 When you're gone all day on the day that everyone knows on-cycle PE recruiting kicked off, it seems pretty obvious Investment Analyst in HF - Other
+4 Super Gen A. I get the industry sucks from a work life perspective. But everyone KNOWS what they're signing up for. And the down side of that is only there with the upside. Monaco Man
+4 Honestly relax. I (ED in a coverage team) do not notice what my interns are wearing. The pressures of this job are immense and this is the last thing any normal person will care about (within reason of course). Count WACCula
+4 Industrials is considered one of the better groups for culture at Moelis NYC. Group definitely works hard but MDs are generally a good bunch. Not sure why the other poster called it a shitshow. Analyst 2 in IB-M&A
+4 Your profile says you're already in PE so not sure I'm the best person for lateral advice if that's the case. Associate 1 in PE - LBOs
+4 Congrats on GS Associate 1 in IB - Gen
+4 This video called it! Associate 3 in IB - ECM
+4 I agree with PE people having a shit attitude in general towards people running companies or even founders at investment targets. m_1
+4 This is the only logical take I have ever seen on these sorts of threads. Deal Team Six
+4 FWIW my team is at a BB, always ranks in the top 3 in terms of broker votes within the firm, and we work 50-55 hr weeks. When it’s busy we crank out an occasional 70-80 hr week — but that’s def not the norm. Associate 2 in ER
+4 This is helpful, thank you! I think I want to learn how to invest and see it as a quadrant: private/public, equity/credit. Research Analyst in Research - Other
+4 Congrats on Stern! Intern in IB-M&A
+4 Hear those Albanian cannons be yuggeee Principal in IB-M&A
+4 I had my own issues with anxiety and GAD when I was younger. Sometimes it still flares up, but generally I've learned how best to live with it. It sounds to me like your environment isn't helping at all. usernameladiesman217
+4 Yeah incredible bad that people in this industry leave the office after 12 hours to work from home. We need more toxic workplaces where someone asks if you have half a day off if you leave before midnight Analyst 3+ in IB-M&A
+4 Hold cash?  Especially if you're young.  Sell Magnificent 7 stock while they're high and prep to buy equities in companies that actually have sensible multiples with the proceeds. Ozymandia
+4 He single-handedly pulled JPM to the top of the IB league tables in EMEA anon1982
+4 What are you pitching? There’s plenty of biotech specialists on this board, including yours truly. Summarize your thesis here and we can tell you if it’s shit. Seats are pretty scarce overall so it’s not easy. Benson Says
+4 Oh good heavens VP in PE - LBOs
+4 This is my advice if you have a 50-60 hour work week. Probably ideal for a corporate job and not something client related. NewIndustryHorizon
+4 I would stay a year. I think it offers more continuity in your story. PeRmAnEnTiNtErN
+4 She was one of the senior members of several DEI committees at JPM Associate 2 in IB-M&A
+4 I’ve heard that the residential / multifamily property management business is terrible (low margins, heavy staffing, high turnover) and that it’s often a loss leader, although real estate operators like having it in-house Partner in RE - Comm
+4 Is this actually real? I mean it’s psychopathic behavior if true but seems like it’s being only reported on fringe news outlets. And he was not able to physically stop her from giving him a bj? bankerbuddy498
+4 learn accounting dude. Fundamentally that is what underpins understanding of a financial model. go back to debits and credits if you really have to. RestartIt
+4 Can confirm. I def feel like I have golden handcuffs right now. WLB is really good. Pay is good. Too many vesting shares to feel good about leaving. Love my colleagues, we all get along and hangout. Works at Wells Fargo and Company
+4 Assuming this is serious and you have a good relationship with your mom, this sounds like a fairly easy fix. Call her up and directly address what you said. In it state  NPV
+4 Industry, Billions TheRoadLessTaken
+4 You'll need a car. I think unless you live near CityPlace you might get a bit bored. West Palm definitely has some nice walkable parts, but it isn't that big.  Associate 3 in IB - Cov
+4 Yes. We underwrite other aspects of value creation but the main driver usually revolves around M&A and multiple arbitrage.  Relentlessly Pragmatic
+4 Asset management is one of the exits. Depending on the firm(Blackrock or PIMCO would instant yes), I'd strongly consider.  usernameladiesman217
+4 There are times im working 15 hours straight but for the most part I’ll have down time throughout the day. The real issue is that good MDs are often meeting with clients during the day. Associate 2 in IB - Cov
+4 I mean this in a loving way but get a grip my friend because you thankfully have learned a most valuable lesson that 99% of hardos NEVER learn and thus get laid off - you have learned that in reality its all politics and l gordoongeekoo
+4 apparently u can't even align logos tho since u getting fired twice lmao SonicBoom12
+4 In PE I was constantly working 80-90 hours for $210K TC as ASO1. MMPE, NYC. The team also lied about my comp when I joined (guided me to $240K when in reality ASO1 caps out at $210K, which feels incredibly light). Associate 2 in IB - Cov
+4 My sister has self-published 2 books. One is historic fiction, and one is more Greek mythology fiction. She did a lot of research for both, and they took her years. They're both about 500-page novels. Fast and Fiduciary
+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 So now we’ve got these very sad, very low-energy posters DEFENDING UBS Tech, can you believe it? A group with no meaningful deal flow, no visible pipeline, and no clear direction. Total disaster, folks. Intern in IB - Gen
+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 I know this doesn’t contribute much and neither does it help but if anyone wants to talk / rant / need words of encouragement my DMs are open or comment and I’ll DM you. Investment Analyst in HF - Event
+4 Yes, I would like a large fries with that Jokes aside, that sucks man I'm sorry. Good luck on the next one.  PrivateTechquity 🚀🚀🚀
+4 Probably worst of all big 4 MM because they have no experience running their own grad scheme - not sure whats happening to the FT UBS program but heard not great things  Associate 1 in HF - EquityHedge
+4 BofA has better deal flow as a whole but their teams are massive. Less than half of analysts close a M&A deal over their two year stint, this is not hyperbole.  UBS is just as bad if not worse. Director in IB - Gen
+4 As long as you don’t go into it expecting a culture like NYC, it’s great. It gets a lot of undeserved hate simply for not being NYC, but for a lot of people who aren’t looking for that level of grind, it’s a good fit. Middle Market Monke
+4 This is wrong. Eastdil has investment sales (asset sales and portfolio sales) as well as investment banking services (capital raising, M&A, recaps/cvs). There are separate teams for each service.  cre-23
+4 Then go back to Ukraine and fight against the Russians and get an internship in an Ukranian based bank after the war is over. Associate 3 in IB - Gen
+4 "Yes, some firms are looking for virgins who live, breathe, and die by the 400-question guide, but I don't want to work next to somebody who has no idea what a hangover feels like and what a parlay is." NoEquityResearch
+4 You've probably done this, but if not, here's where I'd start. REDev225
+4 That's fine and probably works out better for you. Think about goal of interview - it is to see how you think as an investor, not to grill you on rote memorization. BullishMan
+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 If i remember correctly, comp is absolutely terrible considering the hours you work, as well as being below industry standard to begin with. you cover three markets, US, EU and Asia so your hours are long. spiff
+4 As long as you’re actively investigating what interests you and networking for those opportunities then I agree that using banking to pad your net worth makes a lot of sense. Partner in PE - Growth
+4 Very much appreciate the candid feedback. madduxrich
+4 It's a blast to drive! I've been doing some mods and have taken it to the track too. slayer2090
+4 Moelis analyst 1 class had 10+ placements Analyst 2 in IB-M&A
+4 The real answer is that you need to take control of your life and make this decision yourself. You rightly pointed out the tradeoff between WLB and money.  Iko_
+4 I was ranked #2 in the Guitar Hero 3 leaderboard. abc99
+4 I would add Floored, which is a documentary about the transition from open outcry to digital trading. Really fun watch to see some of the characters and reactions to the switch.  Greenspan's Panties
+4 what gives you the confidence that you can generate high returns in risky small cap equities? do you have a track record of doing so or a specific thesis?  Degentard123
+4 Firms are producing investment materials with LLMs. The clients and counterparties receiving them are increasingly using LLMs to read and analyze the same output. الرأسمالية
+4 What I think that is amiss here is that investors often have a choice to invest in short term / floating rate or invest in longer term dated fixed income assets. CRESEA
+4 Copilot is absolute BS. As an ex MBB, I am really surprised how far behind the banks are in adopting AI. Well it makes sense given the higher complexity in compliance.  Associate 2 in PE - Other
+4 Escp MiF is a reach, I tried last year for an admit. they don't take you unless you have solid internships already and usually you need to be francophone.  Analyst 1 in IB-M&A
+4 My ranked teamates: Intern in IB - Gen
+4 do you hear what you are saying lim12
+4 You must not be in the industry lol Associate 1 in PE - LBOs
+4 this post: "whats the point of grinding in high school? by the time you graduate you will be 18 and life is already over by then. might as well enjoy youth" HFPM15
+4 the bank account thing is actually fucking crazy Intern in IB - Cov
+4 I fucking hate capital interview experts fuck this guy such a waste of money. I have it and useless but can send anyone for free if anyone wants!!!!! Prospect in IB-M&A
+4 Is the distressed debt team what it’s called at Clearlake when you’re staffed on a portco? Principal in HF - Event
+4 Keeping the job isnt a lot harder than getting it, pretty difficult to fire an analyst unless they royally f up. They just wont extend your contract after your two years. attempting_doingmybest
+4 hey man we're gonna make the same base pay except i work half ur hours Prospect in IB - Cov
+4 You're fine. 96/97th streets are the border between UES and east Harlem. I know a few guys that are successful MBAs (one is a big SWE, other is in equity research) and they both live in the upper 90s.   parmesan123123
+4 Every bank told me they had the best culture. Only one was telling the truth.  Dr. Rahma Dikhinmahas
+4 Because raising $15M almost certainly means you are raising from an institution, which means you only need to find one fish out of a sea of many to get your deal done. CRESF
+4 Your purpose won’t come from the nominal difference in societal impact between IB, PE, HF pauljohnson2
+4 Congrats on the milestone. I'm a Finance Manager (FP&A) but there is no Director/VP between me and the CFO, weird structure, and I actually interact with the CEO more than the CFO oddly enough. kiltedlowlander
+4 This has to be GS FIG lmao. Group is filled with beckies at the MBA level (especially Asian beckies lol), just embarrasing Analyst 2 in IB - Cov
+4 To be honest, I don’t really like Poland or Polish people — but I deeply respect those who genuinely help and support Ukraine. That truly matters, and I’m grateful for it. GS under Blankfein
+4 Let’s go then with your miserable half-truths and manipulations: jbb74737
+4 Unfortunately banking doesn't teach you shit about investing (I started in a coverage team at an IB), if it's just 2yrs in an IB program that you've done, then you have a lot of learning to do  LO Equity - Family Office
+4 Of course they can compete. “A private equity approach to the public markets” is really important.  youshallnotpass
+4 Upcoming Superdays - Expect superdays to continue rolling until mid/late Feb; offers are handed out on a rolling basis and we continue to send superday in batches until we fill all seats; keep in mind there is a waitlist a Analyst 1 in IB - Cov
+4 Yes. It gets much worse. The best time in MBB is as senior associate (workstream responsibility + good toolkit = good lifestyle). PE_prep
+4 Happened to me when I was interviewing. Deloitte's IB arm reached out (even though I knew they didn't sponsor) and fast-tracked me to a superday. Associate 1 in PE - LBOs
+4 Had an analyst do this with me back when I was an intern. They're stressed you won't do the work. Next time, politely decline the call or find some bullshit excuse, and send them the work done perfectly in due time. Analyst 2 in IB-M&A
+4 Tough call… both banks are good and bad for different reasons. RBOB_squarepants
+4 I’d rather talking about other things. Ask me about my experience in college, sports I like to watch, my hobbies, etc Chill kids get offers Partner in IB-M&A