+17 better question is what are we getting our MDs for Valentines Day Fast and Fiduciary
+17 The rule of thumb you'll read everywhere is to cap it at around 30% of your gross income. That would obviously suggest that you can "afford" $7,500 a month. overandout
+17 i've been a rates trader for over 15 years at multiple BB banks....i've seen dozens of interns...and trained many new hires. ironnchef
+17 Let me talk about banks in-depth and why they are one of the most revenue generating sub-verticals within an investment bank (at least at bulge brackets). Fatcow
+17 Wah wah the handcuffs are golden so nobody can want a better culture or higher quality substantive responsibility. So original and totally not a tired talking point. Works at Clayton, Dubilier & Rice (CD&R)
+17 This is clearly a troll but I'll bite only because I know others will read this.  Associate 1 in IB - Cov
+17 One time I worked 90 hours a week at Morgan Stanley and received a 40% Associate 1 bonus Associate 2 in IB-M&A
+17 First of all, congrats on two strong offers. Based on the your comment below (I cant quote it for whatever reason), it sounds like you are leaning toward the Corporate role. Deal Team Six
+17 Start with trying your best at supply & demand modeling for the specific product, rather than individual company modeling. Lead Left
+17 And this is why Leon Edwards has the most aesthetic physique Intern in ER
+17 I have a dual degree in Computer Science and Business Admin. I think about this choice everyday, and I do reckon on both sides of the spectrum that there is the perception of grass being greener. WestCoastQuant
+17 Here’s a breakdown of Qatalyst (random industry boutique) vs FTP (prestigious ELITE boutique). Intern in IB - Gen
+17 Insanely early to say its over Incoming Analyst in IB - Cov
+17 UBS doesn’t do/lead any real deals anymore and has a terrible culture now. Wells has crazy growth and does mega deals Associate 3 in IB - Cov
+17 I worked on one of these desks for a few months at a BB after working in PC, it was not for me so I very quickly left for a distressed HF. So I can't answer comp really, but have some input on the exit options. VP in PE - Other
+17 no tard Kelley IBW kid is going SM Intern in PE - LBOs
+17 I performed well in my coverage, my most senior guy did great, second guy was meh, and newest junior obviously is still just doing blocking and tackling mostly. erwannabe
+17 Anyone else think this division of product / coverage is kind of stupid and bad for analysts? Maybe this is me being a jaded PE associate, but just seems worse for everyone. Associate 1 in PE - LBOs
+17 No one cares about Europe Incoming Analyst in IB - Gen
+17 Very nice home cooked dinner, nice card, and something sentimental based on a shared memory or do a planned activity together to make new memories. Associate 3 in PE - LBOs
+17 Note: the OP edited his original post... see my response below for context - So jobs have trade offs... whats the "thesis" here? Or is your thesis just the definition of labor market? Intern in PE - LBOs
+17 "BallsOnChinBoy" Yes DCM and ECM is investment banking. People consider DCM and ECM part of IBD. NESCAC
+17 Can't sleep so I will bite this one. Analyst 1 in IB - Restr
+17 thats disgusting Anonymous Monkey
+17 As a former subscriber and recent convert from the "I'm gonna grind until 30 and then marry" crowd: Fugue
+17 Thanks, intern. Consultant in Consulting
+17 I'm proud of my ability to handle a challenging job and work towards financial freedom for myself and my family. I'm grateful.  Principal in PE - LBOs
+17 Go with Citi. They’re both closely ranked and Citi is choosing to invest in their IB (Vis, etc) while BofA is not. RBOB_squarepants
+17 Your resume will NOT buy you goodwill for MBB, don't make that mistake bc I've seen so many people make that mistake for MBB interviews. My resume had two top IB internships and none of the MBB cared. Intern in IB-M&A
+17 Zero internships. semi-target. no work experience. 10 applications, 3 offers. one of them from Google. 1 BB. this wasn't in the last 5 years, obviously Gumball3000
+17 Very true. Every day i do coke in the bathroom. VP in IB - Cov
+17 Says the guy who works in Corp dev and does not even know the difference between direct and primary Whatsupdog
+17 30 comments and one data point great forum here Analyst 1 in IB - Restr
+17 The way Trump voters will defend every stupid fucking thing this guy does will be studied for decades.  Devils Advocate
+17 Hard to not imagine Thoma Bravo being somewhat slightly fucked in the next 2~4 years after buying tons of software shitcos at crazy multiples in 2021 PaulAllensGlasses
+17 You could have just titled this post “I went to Harvard” trillywonka
+17 So many disability and diversity clubs that it makes you wonder if it's a special needs school tautaglia
+17 I don't really see how that is remotely relevant at all but whatever - went to a Yale / Stanford / Harvard / Wharton / Princeton  Analyst 1 in IB - Cov
+17 Amen, brother. This industry has changed my fortune for at least two generations to come. Banked enough cash to buy a nice house in a great suburb, and will snag a shore house in the next 5-10yrs. VP in PE - LBOs
+17 Never been yelled at. Also never been even talked down to except once by an MD that I hung up on. Associate 1 in PE - LBOs
+17 Thank you Intern Associate 1 in IB - Gen
+17 I do loads of valuation work over christmas. Family keeps removing the f**king price tags on my presents so I don't know what to sell them for. kallester
+17 I hired someone who quit his last job because he was sick of working until 1am on a terrible office portfolio that was predominantly going back to the lender as it was acquried from 2017 - 2022. goodL1fe
+17 As an immigrant myself, I can see where the OP is coming from but instead of debunking some of the generalized stereotypes everyone is mentioning, I am going to offer some solutions that my supervisors and direct reports h Associate 2 in PE - Growth
+17 Sorry Jamie Dimon, nobody is taking JPM over MS or especially Evercore Analyst 1 in IB - Gen
+17 BUMP. You guys in private credit are not escaping this. I set a reminder on my phone. I know you all get off by 8PM so get to dropping the comps and the pros and cons. chop chop Analyst 1 in IB - Gen
+17 1. PlsFthx
+17 think of it this way -- the client CFO is on a call and asks to be explained a certain assumption made on the model. Analyst 1 in IB - Cov
+17 Determined
+17 Is there anything you weirdos don’t rank? Devils Advocate
+17 I'll use plain language to explain. DollarKeepsRaining
+17 https://www.dropbox.com/scl/fi/osg7gvzd3h2c4 Associate 2 in RE - Comm
+17 I would agree with what’s been said about the landscape and covering your questions at the end. Pan European Monkey
+17 Congratulations on Solomon Associate 1 in ER
+17 Plenty of MD's sons in the sea. anonanonymous
+17 I’m gonna tap into my U-dub boys club and see if there’s some self-loathing angst-lord that’s moping around madtown. You’ve made so many fucking posts about this dude. Intern in IB - Cov
+17 I agree / identify with a lot of what you’ve written, but I think a large part of your bitterness is coming from within, for not having left a job you so deeply despised. brickcage
+17 " This as opposed to a normal female who might laugh it off and ask if you just want to order a bunch of appetizers or go to the noodle place next door." REPE8
+17 Me at analyst interview at BX PE in 2007 while still in UG... Interviewer: "where you staying in NYC while you're here this week?" International Pymp
+17 I think trading is still a pretty awesome career choice. I’m 29, started in back office, managed to move internally to a desk strategy role and then onto trading.    CEO in IB - Gen
+17 First off, he's trolling, get your testes out of a knot. Mark Hanna
+17 It’s Guggenheim. They will probably give you a raise Associate 1 in RE - Comm
+17 Honestly, I think people are blowing things way out of proportion here / bitter with their lives. Toronto is the 4th biggest city in North America (bigger than Chicago) and honestly offers world class city amenities. heyman135
+17 Fantastic post. One point I would add to the third point is to take your classes seriously, especially if you're studying business/finance. PeacefulPudding
+17 This was my pitch. I got great feedback from associates and analysts. I built a 3-statement model that leads into a DCF. ThePartnership
+17 The same way you have EB > BB shills on these forums, you have those who try to prop up certain UMM / MF firms over the 5 true AUM machines (APO / BX / KKR/ TPG / Carlyle). Prospect in PE - LBOs
+17 Just left, so have quite good knowledge. Generally, there is not one group such as Sponsors at CS or PUI at Barclays (in NY) that will be significantly better than the overall bank reputation. Nonetheless, there are a few whatever123
+17 It’s fine to specialize. I just wouldn’t specialize in making terrible investments.  whereshouldIgonext
+17 Who cares? Outwork others and win. monkeybuziness
+17 In my early 20s, I really believed that in order to succeed all you need is work really hard. You gotta be gritty to succeed. You gotta put in long hours to be successful. Naoki Hanzawa
+17 holy autism GS under Blankfein
+17 Good data thanks, at this point I’d be happy with anything Intern in IB - Cov
+17 Sir, and I mean this in the most disrespectful way, don't you ever compare Charlotte to Chicago.  spudrmonke
+17 Yeah but you can’t discriminate in employment based on citizenship status and UBS did it on a large scale. Analyst 1 in IB-M&A
+17 Lmao “non-Cornel/Brown ivies.” You’re more prestige obsessed than some college kids here. Prospect in IB-M&A
+17 What in the world am I reading? Can college students please stop trying to roleplay on this site Analyst 3+ in HF - EquityHedge
+17 I have a surprisingly similar background (except A2A) going through that exact same period as a sr VP (where I decided to try another bank because I wasn’t sure whether it was my bank or me) and as a sr Director (where I t Managing Director in IB-M&A
+17 Boring answer but Rishi Sunak Prospect in IB-M&A
+17 The best UMM for ability to get promoted and have a lucrative career as someone joining as an associate today is not New Mountain (and that fund may not even be considered ”UMM” today) - the answer would have been New Moun Associate 3 in PE - LBOs
+17 Just my 2cents, but I would drop everything and pursue music to the fullest, especially when you already have a record deal. Assistant in Non-profit
+17 Analysts when their first deal closes. Watch this guy get humbled when he's sent to anchorage Anonymous Monkey
+17 don’t lie to him … you want your last moments with him to be built on a lie? Intern in IB-M&A
+17 It's not stupid to entertain these ideas. One thing I've learned through the years is many people say things like. " I want to become an entrepreneur ...;" In reality, it's not something you become. rickle
+17 Just want to add my two cents and say the absolute worst experiences I have had in banking have been with Indian senior associates, VPs, Directors, MDs as I've come up in banking. VP in IB - Gen
+17 Real friends dont trick friends into working at UBS. Truly inhumane place. Take any somewhat reputable bank over us. Analyst 1 in IB - Gen
+17 Just heard from HR that cucks count as diversity this year johnny-mnemonic
+17 How about @the.swiss.chris Intern in IB-M&A
+17 Should've earned him a FT offer on that heart alone! Finance2020
+17 Hot take: BLM NewIndustryHorizon
+17 I made the switch 2 years ago. Would not recommend. The sector is highly commoditized - PE funds tend to line up PC funds in attempt to push down pricing and covenants. Analyst 1 in IB - Gen
+17 Why is KPMG on the list Appreciating Amortization
+17 I am not defending nor condemning this named mid level banker, but it is wild that he was scapegoated for everything while the true culture setters at the top are not even named lol SonicBoom12
+17 Strange cause my experience of WSO sentiment is that it's one big circle jerk for EBs... Analyst 1 in IB - Gen
+17 Op, yes you can use the same cover letter for multiple banks. Presto732
+17 Most people on this forum don’t have the talent to make Senior level at Northwestern Mutual, let alone Goldman.  Anonymous Monkey
+17 Wow - firstly, it‘s WILD to me that a comment thread I started 13 years ago is still going. Anonymous Monkey
+17 This isn't directed at you, but I found it appropriate as everyone I talk to recently ends up saying their industry is commoditized and getting boring. JoeyJ
+17 Investment management is a highly desirable industry for MBA's recruiting at the top finance heavy schools (Harvard, Wharton, Chicago Booth). For example, Wharton's IM club is nearly 200 students in size. Anonymous Monkey
+17 PC is the ultimate exit VP in Research - FI
+17 Romans 1:20-23 bopguy