+16 People don’t give a fuck anymore because it’s not a cool job any more and the money is meh frothy88
+16 What do you think happens when you recruit start of sophomore year for an internship that basically starts 16 months later? Bobby Murdocks
+16 this cant be a serious question.. just be normal ur not a character out of Suits Prospect in IB-M&A
+16 We've interviewed UBS candidates for off-cycle and on-cycle at my large UMM fund, and have been left unimpressed. VP in PE - LBOs
+16 Opposite, we had an intern that left within hours of being on the desk. overpaid_overworked
+16 Responding because the information so far is piss poor and i wouldn't listen to any of it, especially in regards to capital markets roles at EBs VP in IB - Gen
+16 No, "risk taker" is definitely the exact term used in the industry "Cowboy" is also a term that is used, and I would argue that it is the antithesis of "risk taker" and only used in a derogatory context. I.e. rumplestiltskin
+16 Any shmuck on here telling you Wharton > Stanford is clearly trying to sabotage you and make you turn down a once in a lifetime acceptance for no good reason. Have a brain and think about this. Analyst 2 in IB-M&A
+16 Hey man. I just registered to reply to this; I’m not a WSO regular, I was Googling info on a fund closure, wound up in the WSO HF section and saw the title of your post on the main page. Gregory Blotnick
+16 Some firms require the college to send the transcript directly, which could potentially put you in quite the pickle. rooseveltfan
+16 CRE is down so bad we got guys contemplating becoming recruiters!  Dallas_Monkey
+16 length: 6.5" girth: 3" curve: Right Analyst 1 in IB - Cov
+16 UBS is a WM bank with an IB bolted on to serve their wealth management clients. They dominate WM in APAC and Europe, but have a relatively weaker US platform. Associate 2 in PE - LBOs
+16 Can shed some light here - currently an AN1 focused in these sectors. For some context I had previously spent the summer rotating between consumer and TMT. Analyst 1 in IB-M&A
+16 I am an associate, near AC. Yes, it is that bad. First of all, there's the hours: Monday - Wednesday 9am - 12am, Thursdays 6pm (if we hit "Out by 6"), Fridays ~6pm. At first you might go, that's not that bad. grilledcucumbers
+16 Buy good companies with moats you can hold for 3-5 years, and then wake up at 3am to furiously trade earnings before the analyst can digest it all.  Principal in HF - Event
+16 This summer, I interned at a group that gave 50% of kids offers. Analyst 1 in Research - Other
+16 Regardless of this discussion, I personally want you to know you sound like the absolute biggest loser. Holy shit.  Analyst 1 in IB - Cov
+16 For sure, they are also just college students at the end of the day. true_sternie
+16 yes bro UBS is such a great place to work!!11!!1! Gorillion dollars coming next quarter! Intern in PE - Growth
+16 Buddy this guy who cheated and got suspended for year is not meant to be a in a corporate environment trying to tell him to bounce back and lock is dumb. nachocheese
+16 baird industrials: pizza party (one slice maximum), free pancreas failure  Intern in IB - Gen
+16 Nuke this entire app overleveredbaboon
+16 If it makes you feel any better, you’ll meet so many spectacular women over the next 10,20,30 years that you’ll click with. Girls that share your humor. Girls that share your hobbies. Economist in Risk Mnmgt
+16 I think you are the wrong site. This is a finance site not the comment section for the Atlantic. buyoutlbomonkey
+16 Doesn’t really make sense to separate out some RX groups and not others. Like this implies CVP RX is S+ and 2 tiers above PWP, and 5+ tiers above Gugg. Or that Ducera RX is better than GHL and JEF, let alone Gugg. alfrendo-org
+16 Everyone who doesn’t originate in banking is overhead, and by far the biggest overhead in banking is MD’s who can’t originate. Analyst 1 in IB - Cov
+16 Know a couple people from undergrad who work there and based on their experience, I don’t think I’d work there over any UMM/MF PE firm. Associate 2 in PE - LBOs
+16 What a pain. Sorry to hear about your situation. One thing I’d suggest is to understand his style of decks. Pull out old decks that he was responsible for. You’ll see common themes emerging in style, content, and flow. Works at Bank of America Merrill Lynch
+16 Re the first job defining you, I guess that depends on you. Whether you let it or perhaps want it to. My brothers and I are a good example. rickle
+16 me (girl) reading this as an incoming sa at wf  Prospect in IB - Cov
+16 Based on all your comments in this thread - any secondary fund who is delivering 15% net / 1.5x-1.6x is "junk" and not taking enough risk.  m8
+16 It all depends on whether you’ve thoroughly done your due diligence on this, as the answer seems pretty self-explanatory. WilliamBlanks
+16 ETA: As pointed out by a couple of posters below, the below is wrong. This method works for an investment with a 15% up front YIELD, with NO growth. overandout
+16 U chicago that explains the borderline autism Analyst 2 in IB - Cov
+16 It absolutely can be. The "sweatiness" of a job has more to do with the actual team itself than the industry. The sweatiness of finance jobs generally comes from seniors that are not competent managers. jl12
+16 WTF is Wells Fargo Cooking? Analyst 1 in IB - Gen
+16 There are many American Securities out there right now - they just don't happen to get plastered on the front page of WSO. Impressive amount of details though - you should consider a career in Journalism.  Managing Director in PE - LBOs
+16 NESCAC is a great experience. NESCAC dudes also like other NESCAC guys.  Enjoy Colby, youll be fine. Insane some other dude said Northeastern > Colby  11Belitist
+16 On February 11, the banker Matthieu Pigasse arrived at the Cayena Hotel in Caracas to offer his services to the Venezuelan government. Intern in IB - Restr
+16 I think that MMCB provided some good info, but I'll chime in with my two cents as well. What is a day in the life like? ez_money
+16 I did a Project Finance internship interview in for a large European bank. Zadaam
+16 I work in DCM. First of all, neither is "better". They are different roles and interesting to different people. DCM is primarily split into two teams - origination and syndicate. bondlady
+16 Well no shit then Associate 2 in CorpFin
+16 "dmw86" At lunch, in between rounds 2 and 3 of an interview for a boutique consulting firm. WalMartShopper
+16 I’m sure. Congrats on UBS summer analyst Analyst 3+ in IB-M&A
+16 Funny story my PM and I once got screamed at for testing something out/making huge orders and canceling them to toy with the center brook tryna front run us lol Analyst 3+ in HF - EquityHedge
+16 Honestly, I feel you. It’s really hard for white men in the industry. Only 99% of my MDs, heads, and C-Levels are white :(. It gets lower as you go down! I mean, only 97% of my directors/VPs are white! What’s that about? Prospect in 
+16 $1.0MM by 35 is my target...it becomes fairly easy to build from there (e.g., living on base salary and saving / investing 100% of annual bonus, maintaining an aggressive asset allocation of ~90% equities until mid-40s, ma PFSynergies
+16 You see where you went wrong is you weren't born in a target hospital to target parents. Tough to recover from that. Mergerz
+16 Two routes: Associate 3 in PE - LBOs
+16 My sense — speaking with former (and some current) employees — is that the culture has improved notably since Ray left. Burke
+16 "If you know yourself and what you're going to do, you'll leave a strong impression on everyone you meet." Anonymous Monkey
+16 Just tell her you need to have one in order to become a Partner of a PE firm one day. Amicable Chungus
+16 Yes, turn the tables brah; blackmail him into having sex with you and see how he likes it therealgekko
+16 Firstly, I think this is the art part of the job and not a science, so no right or wrong answers on this.  BayesianBets
+16 Sign the prenup as Mickey Mouse and then you can be worth 25M by 50 am_5
+16 @Emma-Grace  IsItREPE
+16 I think it makes sense to treat your analyst years as a physically challenging period and treat yourself accordingly. Spending extra on food & housing to be a little healthier makes a lot of sense. Huple
+16 I mean look at their 13-F I think that kind of tells you all you need to know? His style (and many, many other single manager with the exact same style) just doesn’t work in this tape. Managing Director in PE - LBOs
+16 Hey man - great work on this deck, real value add!  Analyst 1 in IB-M&A
+16 It's a beautiful Friday afternoon and I'm bored so allow this lurker to offer his 5 cents. You have spoken like a true equity guy.  Brown Bear
+16 I would never blow up a tired analyst over this. No one died, not even a deal. I’d probably tell the kid to get some rest.  If it was a regular occurrence I would have an issue but never on a one off. Managing Director in IB-M&A
+16 Good question. It varies for each company but for this example let's assume we're looking at a SaaS or E-commerce co.: Here's what it looks like at a current state: - ARPU - GPPU - Churn Intern in Consulting
+16 0 bitches ranking You Intern in AM - Other
+16 I didn’t get offers anywhere else  Associate 1 in IB - Gen
+16 Easily the best post on WSO in years  CRE
+16 you call DB not a BB and yet you work at BNPP LMAOOOOOOO Analyst 2 in IB - Gen
+16 Clearly you know what your sector coverage is going to be right? Start ramping the names and getting familiar with the filings, figures, industry data, etc. mtnmaster1
+16 YSL l'odeur du vagin de ta maman 6969
+16 This may be reflective of how your compensation experience could look like as a FT analyst. Analyst 2 in IB-M&A
+16 It might be the equivalent going from:  Hand spreadsheets to excel; orLetters to phones; orPhysical libraries to internet. But it doesn't mean we're all gone.  Reservation at Dorsias
+16 I know this is a shitpost, but IB is actually so similar to an actual cult. No privacy. No personal time. No freedoms. Expected to be on call 24/7. Analyst 1 in IB - Cov
+16 How did they fuck this up so bad? Went from being gifted CS to literally becoming the joke IB of the decade. Prospect in IB-M&A
+16 Mostly general Barclays MD Arrogance, the 10-15 MDs in command. From what I’ve heard they thought they were the hot shot “gods chosen ones” to lead the IB to a new level. Associate 2 in IB - Cov
+16 It blows my mind how reliant on H1Bs some groups at UBS are  Intern in IB - Gen
+16 EDs and Ds who are H1Bs are genuinely horrific to work with  Analyst 2 in IB - Cov
+16 UBS is #24 in the latest Q1 Americas M&A league tables. How does that even happen? Intern in IB - Cov
+16 Congrats on UBS! Analyst 2 in IB - Gen
+16 What in the flyover state is this shit  Portnoy's Complaint
+16 SEC girls prefer guys in tech sales bc they don’t write posts like this investmentspanker
+16 Settling for EVR Rx is insane you are proving his point😭🙏 Intern in IB-M&A
+16 Just do it and find an Oklahoma smoke show  VP in PE - LBOs
+16 Analyst 3+ in HF - EquityHedge James' Bond
+16 WF and BMO in the same tier is wild work. Analyst 1 in IB - Cov
+16 You can say UBS can't close deals, but they certainly know how to close. Associate 3 in IB - Cov
+16 I am slightly more quality-biased than a typical pod. That said, keep it simple. Using YELP as an example (I don't cover it, not a real thesis) PapiKapi
+16 IR is looked down upon here because few ppl here know what IR actually does (even though IR is raising and pulling in the capital they need to execute/close their deals).  Moonshallow
+16 Ah yes, it doesn’t take very long at all for bankers dissatisfied with their quality of life and who can’t look themselves in the mirror to sniff out a happy S&T thread and shit on the profession to try to feel better Analyst 1 in S&T - Other
+16 Everyone I’ve met from Kelley has been an insufferable tryhard. Analyst 2 in IB - Cov
+16 I can share one anecdote: I was at a Christmas party with a buddy who was an Associate at Stonepeak and he showed me an email that the head of HR had sent wishing everyone happy holidays and telling them to make sure and s waspybroadlover
+16 I've worked with a good number of associates during my time in banking and honestly based on my experience as well as from my friends, only 10% of all associates are truly "good" at what they do while the other 90% are coa BuffyMuffin
+16 Have intimate knowledge of the firm for a variety of reasons. Bottom line: well-respected healthcare (primarily M&A) advisory shop. If you are genuinely interested in healthcare, this firm is a good place to be. bankingpostcrash08
+16 He was probably so shocked by the denseness of your reply that he decided he'd take it upon himself to relieve the ignorance of the darkened masses.  Works at Goldman Sachs
+16 "dr_mantistoboggan_MD" I've seen a Strengths/Weaknesses slide make it to committee with the classic [need to downplay this point or credit i fryguy22
+16 Bro thinks driving R&W and managing lenders is some complicated rocket science hahahaha Associate 1 in PE - LBOs
+16 Please move my bank up and your bank down. Thanks  Analyst 2 in IB-M&A
+16 Next thread: GS Operations or UBS IB? Intern in IB - Gen
+16 I mean it’s the delusional ones who become one my man. Just because you think like a layman doesn’t mean that you have to push your insecurities/lack of ambition/mediocre way of thinking onto others. spencerjohn
+16 "Gordon Geico" Much easier to go from banking to entrepreneurship than vice-versa... CRE