+14 If you’re going to be gone for 30 minutes, at least make it productive. Bring your laptop in there. Bang out a model, take a client call, respond to emails, idk stay on top of news while wiping. Quant in HF - Event
+14 1) It's basically a multilevel marketing company. You're supposed to sell to your family and friends. They buy because they know you, not because the product is superior. Corp_titan
+14 Lol this forum is pathetic. Moelis stock hit ATHs less than 3 months ago. Revenue is up year over year. Headcount is at all time high. Analyst 2 in IB-M&A
+14 The Intelligent Investor Prospect in IB - Gen
+14 Not a serious organization, just a glamorized fraternity. Prospects shouldn’t take them seriously and neither should clients. Managing Director in IB - Gen
+14 There’s a lot there so I’ll try to be concise but want to note there’s always nuances to this so some of the below could be considered generalizations. But happy to dig deeper into any one answer. Generic Banker
+14 Analyst 3+ in IB - Cov
+14 First class organization I tell you… NOT! VP in IB - Gen
+14 Here's another rebuttal as someone who is 2/3 through the CFA. nutmegger189
+14 Average day at UBS Analyst 1 in IB - Gen
+14 Really sorry to anyone that was impacted, shit sucks. Take some time off to regroup and then you'll be good to bounce back quickly when you're ready. I was in the same boat when Covid hit. Associate 3 in PE - LBOs
+14 The Sad thing about this is that people are so desperate to work at Goldman Sachs that nobody has worked out that it's the most toxic place on the street after Jefferies.  Lockwood
+14 A few: Associate 2 in PE - LBOs
+14 I find this thoughtful but have a different view. While all these are issues one should diligence there are significant advantages. OracleofBromaha
+14 Tech has a couple which are untouchable. Much better juniors have been let go Analyst 1 in IB - Cov
+14 Well some of this ideally can be asked before after closing the offer, but off top of my head, what I'd like to hear:  mtnmaster1
+14 Bro this sub is so fucking bad when it comes to target school rhetoric it genuinely almost fucked me over. 1-2 percent acceptance rates spike to maybe 5-6 for targets and for regular non div it’s not much different. monkeynke
+14 They closed the office and fired most people if I’m not mistaken. Some were moved to GIG Analyst 2 in IB - Cov
+14 Sounds like a suicide pact  Analyst 2 in IB - Cov
+14 And we all know the NY Tech head likes to eat Analyst 1 in IB-M&A
+14 Probably the worst Investment Bank in Canada, every product group is ass besides M&M which is basically a sweatshop. samuelreed1
+14 Mentally ill cuckold fantasy projection. sasha_j24
+14 It has always been true in my opinion but never moreso than now that this is a financial engineering game.  Analyst 1 in IB - Gen
+14 Sounds like they ignored the importance of good juniors and recruiting. Associate 3 in IB - Cov
+14 For many groups the have 0s throughout much of the year and maybe eek out a deal in the second half of the year Associate 3 in IB - Cov
+14 I bet that weighted pipeline shows they will be better than Goldman over the next 3 years 😏 Managing Director in IB - Gen
+14 Hard to believe but they might be that bad. “100+ people working 12-16 hours a day for 2 years to generate $10mm in revenue.” Analyst 2 in IB-M&A
+14 How has MV been that bad? Same question for M&T and Tech group heads? Have they been actively bad or have they just gotten really unlucky on 50/50 decisions? Analyst 2 in IB - ECM
+14 DEAL market  SoftLandingIsReal
+14 Yeah they deffered me and ended up in Tech, I have the worst luck ever Analyst 2 in IB - Gen
+14 Wait till you see Gen Alpha. Their brains are fried. And not by their own hand, but by ours. Investment Analyst in HF - EquityHedge
+14 well if you are ready to live love leverage... im here for you Principal in Private Credit
+14 I think people are just SB’ing comments to bump the thread up  128512851285
+14 Are there bots on this thread or something? Seeing a lot of weird comments with loads of SBs. Batrick-Pateman
+14 Once Marco logs on you’re gonna get at least 1 monkey shit! Analyst 1 in IB - Gen
+14 Liking because you are just trying to MS to bring this thread down Associate 3 in IB - Gen
+14 This is incredible. I’m all for the resurgence of “in paradise” posts. Associate 1 in PE - LBOs
+14 Check this guy's history - bro made the same comment 2 days ago and edited it out to hide the fact afterwards.  Associate 1 in PE - LBOs
+14 This is actually something so true, tall/attractive people are always portrayed as douchebags yet it’s the opposite, they’re always chill n nice and it’s the bald napoleons or short people who always have some kind of ego BenBernyankin'
+14 Mousepads are paradise. VP in PE - LBOs
+14 If you have $75mm I wouldn't be looking at any sort of a conventional career, ie. working for someone else. Finance is a means to an end, and that end is cash... and you now have that cash. Hank Mardukas
+14 Know the firm pretty well,  Greenhill brand still stays completely independent where analyst from Greenhill will work with Greenhill MDs 95% of the time. Analyst 1 in IB-M&A
+14 CBRE to the rescue. Works at CBRE Global Investors
+14 Graduated from Stanford last year. Analyst 1 in IB-M&A
+14 yet u posted this LMAO "Seems like everyone on here is a six foot seven chad at Goldman Sachs…. While I struggle to get hireviews at accounting firms. What do I do? Where did I go wrong? IKnowUReadThis
+14 Seems like the decline continues and they haven’t bottomed out yet Analyst 1 in IB - Cov
+14 If it gets out I imagine you will be socially alienated but I’m sure that is the story of your life. Associate Consultant in Consulting
+14 One of the first post toward analysts that is insightful and didn't come of as really douchey. Thank you. Nudnick McMooch
+14 I actually feel like life costs less than what most people think, or at least among high paid professionals, they make a lot but also have so much more money related anxiety than ppl who make way less. bkzen
+14 Print everything out and manually check mark / circle mistakes. Tie every single number, make an index of everywhere that number appears if you have to. Associate 2 in PE - LBOs
+14 They interview more widely (MF/MM PE) than you’d think given I think it has become a somewhat less desirable seat due to a combo of sweatiness, siloing into narrow verticals covered by specific PMs, lack of upward mobility Associate 3 in PE - LBOs
+14 Gotta be between js and CVP. Prospect in Non-profit
+14 You shouldn't be advising clients if you think like this... Analyst 1 in IB-M&A
+14 If you’ve actually worked at one of those firms, you’d know they don’t offer the same opps Associate 1 in PE - LBOs
+14 You mean like WowCaliberTalent? Associate 3 in PE - LBOs
+14 Are you saying UBS and KKR are in bed with each other? VP in IB - ECM
+14 At a BB Info session, one kid straight up asked about exit opps and what type of PE firms recruit. Nontargetmonkey89
+14 Exclusive8, brotherbear
+14 Surprised you got any SBs on here tbh. People are in denial on this site about this. Either that or the Millenials/GenX haven’t found this post yet. Associate 2 in IB-M&A
+14 hump SFBanker123
+14 blah blah blah let me just write a boring comment so I can insert a flex blah blah blah Prospect in IB-M&A
+14 That’s where you’re wrong- you CAN give comments all day. As a VP, all I do is stare at my screen to help me brainstorm on how I can create more unnecessary work for my analysts. Analyst 2 in IB - Cov
+14 I was at Citadel in 2008. Fund was down 55% that year. 1) Subprime mortgage took a bit hit. We had recently bought the mortgage portfolio from ETrade and that took a huge loss. morgantire
+14 The "I played rugby" conversation usually goes well until you say that you were a hooker JTH
+14 I used to work at Baird and that place fucking sucked. Worked me to the bone and got completely stuffed on bonuses every year Analyst 1 in IB - Restr
+14 WF TMT is one of the worst groups in the bank. I was in the TMT group (not California) and it’s a pitch sweatshop. Everybody is killed all the time and no deals are getting done. CorpDevEvangelist
+14 This is just simply untrue regarding pedigree – sure, there might be more diverse backgrounds, but the type of work requires people to really understand the technical (not just in a financial sense) nature of the assets in Associate 2 in PE - LBOs
+14 He's one of the 4 or 5 posters on every thread hating on UBS. I think a lot of legacy UBS guys are very mad that the legacy UBS people have lost the political battles. Intern in IB-M&A
+14 Physical oil trading is not about understanding macroeconomics or geopolitics or computer programming. oil_quant
+14 If this is for BofA IB Toronto, this post is false and arguably malicious. They rehired their 4 interns, who all accepted their return offer. whyyougottalie
+14 Was at my college boyfriend's graduation party with his family. All of the parents, aunts, and uncles were there, as well as the cousins. aspiringcoolperson
+14 Don’t listen to “switching out friends” guy above; those aren’t real friends anyways, they’re acquaintances. Fjsjrjdns
+14 I always wonder if these posts are high level trolling similar to what I do here and on Reddit. Smoke Frog
+14 1. Attitude as others have said. Keep a fucking smile on your face. Never complain about work even to other interns (everyone can probably hear you). Be happy to take on more work. Be happy to stay late. Analyst 1 in IB - Cov
+14 No offense but you are deluded. I work at one of these T1 LO boutiques (or T2 if you want to call it that -- think firms like Polen / Harris, idc what tier you want to put it as). Sequioa
+14 A team of junior bankers had been regularly working until 4 a.m. for weeks when they were called together for a pizza party last year. WSO_Monkey_Bot
+14 Can confirm. Interned at a top BB in a large group this summer where 90% of the group was male but most of the interns were female. kps5350
+14 Restless, I think the point OP is making is that going into banking for the money is definitely not the right reason to do it if you end up hating the work. Associate 1 in IB - Cov
+14 If everyone is an asshole, no one is an asshole.   bestplacetowork
+14 Sure thing, I'm happy to help! HFQNA
+14 Can't go wrong with property plant and equipment Prospect in IB - Gen
+14 This just seems like hindsight bias to me Assistant in Non-profit
+14 To add a little more colour and specifics to the thread; there were a couple articles out in Mar detailing the underperformance of some of the major HFs in Feb. PM in HF - Macro
+14 GS - Whale hunters. Good chance of being on whatever mega deal of the year. Have never heard a single positive thing about the culture.  Associate 2 in IB-M&A
+14 XAI bought it at a non-arms length questionable $45B EV. They didn’t 2x. He actively takes away from verification and demotes in the algorithm he disagrees with, he didn’t make it more free and open. recoveringalc
+14 You mention that you struggle with different capital structures and management promote considerations. Tamara_S
+14 It's not an actual holiday for anyone who isn't Jewish You don't know what Easter is, do you? Monty Burns
+14 Gf is a consultant and I don't envy it. Their work is so fluffy and qualitative most of the time that it's almost nauseating. Analyst 2 in IB - Cov
+14 Great post and detailed write up. B2Banker
+14 Have friends there; can confirm that the place is an absolutely toxic culture with terrible WLB. On the bright side, they do promote internally if you can survive the toxicity and returns are above average. Intern in IB-M&A
+14 I posted this on another thread, but I will re-post for reference. Also, feel free to PM me to discuss the IU Program as I am 3-4 years out as an alum. John.smihh1995
+14 Here are 4 things I noticed that resulted in people from my intern class not getting returns Analyst 1 in IB - Gen
+14 Lazard and it's not even close lol wtf are these comments. AstroFinance
+14 It doesn't happen often for a variety of reasons. Dingdong08
+14 I missed that you’re asking in a 4hr case context, so I’ll adapt the above: Anchor
+14 You get to share a floor with Mizuho now Analyst 1 in IB - Restr
+14 He has since changed his comment but I’ll keep. Up my original- Monaco Man
+14 This belongs in the smoke frog section of wso. I feel you OP. Seeing the salt of the earth types invade the hallowed ground o Ivy League graduates is depressing. Smoke Frog
+14 lol this moron is going to have wiped out 15 percent in 3 days. What an impressive display of stupidity  Devils Advocate
+14 M&A activity is goind to be cooked. Thanks to the US and all the dumb "dealmaker" republicans who voted for this. How funny now looking back at all the talking-head IB articles in the WSJ, FT, etc. Associate 2 in PE - Other