+16 You’ll get into the cadence of your firm as you see how people take time off. But 100% take all your time. You deserve it and it’s yours. It is part of your compensation package. pudding
+16 https://www.forbes.com/profile/alex-bouaziz/?list=30under30-finance&sh=… Corporate Raider
+16 "He remains at liberty pending his June 1 sentencing." Staffer - sounds like you have some capacity Rabbit
+16 Depends on the level you are in IBD vs the entry at PE. Draper_LDN
+16 Ah, the sweet sound of keyboard clicks as you build out financial models, I can almost hear it now! It's clear you have a passion for the numbers and the analytical side of things. WSO Monkey Bot
+16 I’m on the older side in this forum (late 30’s) and made the decision to stay here when I was probably late 20’s/early 30’s although I have many friends who decided to leave for all sorts of reasons (and to places like FL, Investment Manager in HF - Other
+16 Glad to hear you liked the post and appreciate you taking the time to read it and sharing your perspective as well.  Director in IB - Gen
+16 Everyone with even remotely conservative* beliefs already understands to just shut up at work when possible, maybe eventually find another person who you can tell feels similar and have someone to eye roll with during larg Anonymous Monkey
+16 Buddy of mine traded like 10 shares in a single name of a major company that he didnt know his dad was on the board of directors.  That was quite the legal process for them to clear up compared to the dollars at work. George_Banker
+16 gulagesque. good news is I can tell people i’m working 9-5, bad news is it’s 9am - 5am :( Analyst 1 in IB - Cov
+16 esgwannabe
+16 In MM land - there is Citadel, Millennium, Balyasny, P72, Schonfeld, Lighthouse, Bell Rock , MAN GLG, Marble Bar and probably a few others I've forgot or that are starting to roll out in Europe (e.g. Brookfield). fcfyield
+16 There’s some dumb posts on this site but this one is definitely up there. This shits just sad Barney_Stinson
+16 Why do high school nerds always talk like their brains are severely underdeveloped? Associate 2 in PE - Other
+16 Lateraled from a well known MM (arguably MF) to a startup fund that was established but still in early growth mode.  VP in PE - LBOs
+16 I'll take a stab at this - it means that your work is compartmentalised into discrete and unique chunks, albeit with similarities, and each chunk has a fairly well-defined start and end point. Count WACCula
+16 Interesting, I enjoy NYC for the same reasons you do, but do worry about costs as time goes on. What do your general costs look like on a monthly / yearly basis? Investment Manager in HF - Other
+16 I’m a female and was looking at infra recruiting earlier in the year. I was definitely getting more interest than a very good friend of mine that started looking at the same time.    Associate 2 in IB - Cov
+16 I laughed so hard at how absurdly freaked out you were about taking that mouse battery lmao Anonymous Monkey
+16 Your second to last paragraph is complete bullshit.  You owe no loyalty to your firm.  They can and will terminate you at a moment's notice for any reason or no reason at all whenever it's convenient for them.&… Pussy galore
+16 Lots of ECM kids here for sure Analyst 2 in IB-M&A
+16 http://ebookee.org/Investment-Banking-Industry-Primers_2229111.html Fetter
+16 Pe is phucked in my opinion.  Too many firms. Too many bad portcos.  Gonna be hard to flip these.  The music has stopped playing. m_1
+16 Great list - I had a near death experience going into my senior year of college and life has never been the same. Went from stressing about all facets about my life to just enjoying it. Alt-Ctr-Left
+16 Did you miss the bit where the question is literally if ECM is a good path to go down for career banking, not what exits are available? Or is a circle-jerk about PE exits muscle memory to you? Anonymous Monkey
+16 Facts, boomers have completely different value systems than our generation. Intern in IB-M&A
+16 Copying and pasting an old modeling test to preserve the anonymity of the company that provided it. Build a 5 year prorforma. Assume 1% transaction costs for entrance and exit fee for debt and 1% for sale of property. EliteStudent11
+16 Imagine thinking your parents would prefer you being your MDs lapdog instead of being with them for the last months of their lives. Take a hike  ib or die
+16 Yes, that's right. I no longer believe corp dev is a viable function in terms of income growth, career development, etc., unless you come in at a very high level. Esuric
+16 I’m not reading all that Intern in IB - Cov
+16 Classic Smoke “my rich parents have floated me for my entire life” Frog take CFortune
+16 these are the only posts that catch MDs attentions + the how to talk to girls ones LOL *wins 5b sell-side mandate* 5 secs later logs into seekingarrangement Mikhail_Khodorkovsky
+16 Bro I'm so sorry to hear that. One kid that I was mentoring had the same thing happen--he had accelerated final rounds at Bain, and somehow, it didn't happen. I'm sorry for you. kindheartedconsultant
+16 My takeaway is that tech continues to overpay its mid SWEs, jeopardizing their own bottom line. I got your message loud and clear.  Deal Team Six
+16 Night after a company wide party, I’m in the office with a new junior analyst. We are both on the same video call. I’m so hungover I have a bucket between my legs because I feel sick. VP in PE - Growth
+16 Overall best is Media — good hours and good deal flow. Associate 1 in PE - LBOs
+16 Anihilist Thanks for the insight! +1. CreditAnalyst85
+16 Yeah no worries, so basically 12312312312312
+16 I always like to preface my responses by saying that I do not have complete information, but this is just my perspective. 11A-Analyst
+16 I've always thought the public markets were more interesting than private markets. skeptic
+16 This reads like a piece of 50s era government propaganda  Cardale Jones
+16 I'm from Mogadishu, my apologies for not knowing the US recruitment model, I'll go back to my village to clean my clothes in the river GS under Blankfein
+16 For my firm it's almost always based on/limited by cash flow, i.e. debt yield or DSCR. Typically the borrower has a specific request for what LTC % they want, based on their capital needs and return requirements. Debtass
+16 If you are playing the 'is it recognizable/interesting/prestigious to the average person' game then lol you are going to lose bigtime in the finance route because trust me the average individual doesnt give a shit about 90 Anonymous Monkey
+16 I hate this question (not you for asking it) - the answer is the most senior member of the team, always. There is an obligation of the senior person to review the materials and sign off. Five Star Man
+16 So confused - we're tipping MDs now? What? These guys should fucking tip us Analyst 2 in IB - CB
+16 People should be hired based on merit. Associate 1 in PE - LBOs
+16 So not liking racism is "whiny"? If you said that any other ethnic group complaining about racism was "whiny" it would rightly be considered a disgusting thing to say. This double standard has to stop. VP in AM - Equities
+16 You are clearly someone who is unable to have a civil conversation if you quickly become so vituperative towards someone you have minor disagreements with over the internet. Ladd
+16 They're living like kings in Atlanta. Investment Analyst in HF - EquityHedge
+16 No other industry where you are literally paid to underperform. MarcBahamas
+16 A couple colleagues of mine used to work for one of the early PE pioneers, household name, etc. VP in PE - LBOs
+16 I think intelligence is measured in many ways. Managing Director in IB-M&A
+16 Bottom line is, if you want to spend your 20’s getting home from work at 6pm to drink beer and watch TV on week nights (or whatever the fuck you WLB types wanna fucking do), go become a unionized plumber or electrician. Analyst 2 in IB - Cov
+16 Here is my cautionary tale and a year of very questionable judgment. I am twenty-seven years old. I left my NYC job about a year ago dealing with similar burnout to move into the mountains for 1 year. voreason
+16 Anyone excited to slackline?? Analyst 1 in IB-M&A
+16 always make sure to tip your MD during bonus season Intern in IB-M&A
+16 USC sends way more kids into banking than UCLA fyi. Analyst 2 in IB-M&A
+16 Sure, if you don't wanna get your dick sucked, that's a cool convo to start the night with. You should pay unless she orders market price. Then, she pays for you both. GoldenCinderblock
+16 Imagine being this naive and myopic of your career & skills building. What a hilariously bottom bucket mentality to have. Your response is also sadly presumptuous and frankly off-base and misguided. Thomas Pynchon
+16 Don't do IB. Works at Goldman Sachs
+16 Easy. Just get a new dad.  CarsnWatches
+16 Working one hour in an internship is paradise kellycriterion
+16 (1) webpage: What you need to focus on -> about us / our services or products / management team / press releases All of the above can usually fill ~two quads b43b6b7b82b87
+16 It's a recapitalization, so generally speaking equity value should decrease as the enterprise value shifts its mix from equity to debt. premia
+16 For anyone still following this: we've transformed into a classical investment bank, got into a few deals, now slowly expanding my team. EVADCFer
+16 Can confirm, total bloodbath. 35% for analysts and 15% for summer associates, (if you were a guy you were way worse off). Analyst 1 in IB-M&A
+16 Honestly, the cat doesn't deserve to be sitting in an apartment alone for his whole life with nobody playing with him :( theaccountingmajor
+16 Yes. Nepotism > Ultra-elite circle at target (“old boys club”) > “normal” diversity at decent school > completely unhooked student at target Stockerball
+16 Pretty much. It's been replaced by the evils of diversity recruiting. Intern in IB-M&A
+16 this is ridiculous... name and shame the bank Intern in IB - Gen
+16 Who needs Marc Rowan when you have anonymous Associate 1 in PE Analyst 1 in IB-M&A
+16 Get to hop on calls, attend in-person meetings, and execute live M&A deals with people at the absolute top of their fields. Analyst 2 in IB-M&A
+16 With all due respect OP your resume and experiences really isn't that competitive for a top NY BB/EB SA role. Associate 1 in IB-M&A
+16 Hey buddy, don’t really have an answer for you, but I will say that I got laid this weekend for the first time in a while. That probably doesn’t help you at all but I’m pretty stoked and just wanted to point it out. Associate 1 in IB-M&A
+16 Devils advocate- To your point on "Seriously, why in the fuck are tech companies paying $200K for a mediocre programmer in the states when they could easily get an indian who has been programming since he was in the womb f Associate 3 in RE - Comm
+16 Got the offer!!! CunningFox
+16 you just sound like a loser lmao Prospect in IB - Restr
+16 Seeing as how I’m likely going back to PE after B School this’ll bite me in the ass, but honestly it’s funny as fuck how many threads there are of butthurt VPs.    chihayafull
+16 "Predilection" I don't get why people believe you don't learn anything in business school. Layne Staley
+16 Damn, that description of a non-target’s elite investment club info session is so vivid it reminds me of my exact same experience… those pretentious, insecure juniors having the time of their lives asserting their dominanc kkaaii
+16 Centerview is the best EB for career bankers as they specifically want their analysts to stay and the pay is great. PWP also has a great infrastructure for A2A promotes. AllDay_028
+16 What have you not experienced in this lifetime? Champagnepoetry
+16 This Friday do the same thing but this time send her best friend an ily text. Double down. accountingdropout
+16 Every company will publicly say that all candidates are equal with equal opportunities. cyberpunk
+16 Eh might depend on where you come from. I know 100% guaranteed I would not have broken into IB w/o this site, but I came from a non-target LAC. NuclearPenguins
+16 Turn it back on him with "what's with your unhealthy obsession with children, that's kind of sick". Say it loud so everyone can hear. Rabbit
+16 took a page out of Louis Litt’s book Intern in IB - Cov
+16 this is way too long. need a subway surfers clips to finish it Corporate Monke
+16 It's good that you recognize you have goals and that how you've previously acted wasn't adequate to get you there. Don't overlook the value of this lesson. I'm not preaching, I am encouraging. APAE
+16 This is an unbelievable lineup. Great work by USC.  Analyst 1 in IB - Cov
+16 It’s not a question at the analyst level… pipole4
+16 Key points: 1. Program is NOT canceled - offers will be honored Analyst 2 in IA
+16 Anyone who tells you that you are a "snowflake" for experiencing routine bouts of depression and mental health barriers is not someone who has a grip on reality, nor is someone that you should even want to consider being a Stonks1990
+16 Get off the high horse bud. I did read your comment, you are a fucking analyst that wants to be treated like you are a director. Your whole point is that you are mad that the interns are not asking you for permission. Analyst 2 in IB - Cov
+16 The questions are typically the same but the slack given to people for their answers is very different. And it’s not just technicals, the delta in GPA is also significant.  VP in IB-M&A
+16 I think you are more normal range, there is massive selection bias here where people with good/ great comp post on the thread, but those with average comp generally do not. aero-plane
+16 Assume everything you put together is fucked up in someway no matter how small of a task, whether that be a Working Group List - triple check every single phone # and email, a simple comps output - f2 everything for your E Zyn_God98
+16 It was the logo change CrankyPopCan
+16 Every day is the first day, bust your ass, ask for work, ask to help, zero ego, keep a notebook on you and write down everything you learn.  itsanumbersgame