+13 "Only the strongest survive". Bro works in banking and thinks he's a Viltrumite spudrmonke
+13 Lloyd Blankfein worked at a law firm he hated before joining J. Aron before J. Aron was acquired by GS. jl12
+13 You might not like this answer, but I think you're overestimating people's general willingness to stick their neck out for strangers in the hiring process.  Especially at the junior level, you really don't have much t CharlesCheese
+13 I recently gave a virtual talk with college students in Japan about careers and grouped my life and career into buckets of 7 year cycles. odog @digitalimmortality.com
+13 Prospective monkeys can rest well knowing this is what their competition spends time doing Analyst 1 in IB - Restr
+13 VP years are way better.  I work like 50 to 60 hours a week, deal sprint I can do 80 to 90 but its rare. VP in IB - Gen
+13 ngl, the “best performing” interns in the summer academy rn can be thought of as the Monica Lewinskys of our generation Incoming Analyst in HF - EquityHedge
+13 Hey all, Been a lurker on the forum for a while but thought I'd add my two cents: saxxyman
+13 Here before people start chiming in with initials as if we were Seal Operators and not office slaves Analyst 1 in PE - LBOs
+13 Congrats on virginity! Intern in IB-M&A
+13 A little late to the thread here, but just going to throw in my two cents for what it is worth. Associate 1 in IB-M&A
+13 Top candidate for the gayest post I’ve ever read. Is this how you guys think you compete with AI? chipotleVP
+13 That’s a little extreme, but having a drink in office to celebrate a deal closing is very common. VP in PE - LBOs
+13 Said no reasonable person ever 😂 Intern in IB - Gen
+13 This has been happening for centuries in America and every other country. Nepotism is not new. Idk what kind of bubble you have ever lived in, but nepotism in finacne particularly is extremely common.  Analyst 1 in IB - Gen
+13 In Trumps America this is the new standard. Take over a bussiness, damage it tremendously, then put said family in same bussiness or industry VP in IB - ECM
+13 tbh, I think Centerbridge is one of the most overrated funds on the street. Yeah, it's a cool generalist associate position but they've had fundraising issues. Associate 1 in PE - LBOs
+13 I worked in both Shanghai and Beijing.  Do you want to know about city / living conditions or working for Chiense firms?  I am able to speak to both. earthwalker7
+13 Nice try HR FinancelsWacc
+13 Three reasons: CRE
+13 It’s hilarious. We have a massive model with myriad tabs, schedules, build-ups for everything. My MD gave buyers guidance around $Xmm. Nobody bid. Cuts the valuation range the next day ??? Why even have a model Analyst 1 in IB - Cov
+13 How would we initially allocate ownership, to the individual in question or to someone else like their parents?  Paul_Owen
+13 So what's wrong with credit exits (assuming you like credit since you work in LevFin)? Don't think many people are aware how attractive these exits can be, especially at some of the top shops: BVL LDN
+13 I don’t really think $5-$10B fund size is your standard MM PE fund mate chihayafull
+13 The best path to 8-figure wealth is to scam, scheme, and lie your way to the top. Forget about ethics, morality, or the law. It's all about making a quick buck, regardless of who you hurt or exploit along the way. Intern in PE - Other
+13 A quick search of people who do growth at multi-stage firms would tell you that it's very feasible to get it out of MF PE. VP in VC
+13 I get it bro. Your girl cheated on you with a dude who was tatted up. You can vent go ahead Anonymous Monkey
+13 Top 5%, 1%?? The top 1% spend their lives living under the subway, conducting research that will in a couple of decades shape history; and add in the brain and heart surgeons as well. Analyst 2 in IB - Cov
+13 If I can break into IB from a non target, you should not be complaining about breaking in from an ivy Analyst 2 in IB - Gen
+13 Diversity programs have existed for decades. Even if let in temporarily, all the diversity just gets pushed out because the main decisionmakers remain white men and relate better to white male juniors. Intern in IB - Cov
+13 Imagine not taking that GS offer in 1988 because you thought Microsoft excel was going to replace analysts. mikeAL98
+13 Mr. Moeyoungbuffet: youngbuffet
+13 Hey man, I’m actually going through something really similar (not the exact same) and made a post about it just this week. Investment Analyst in AM - FI
+13 This Industry is cyclical. There was a lot of hiring done in the last 2-3 years, and now the economic picture is not looking as rosy. This is not a sales and trading problem, this is global macro problem. Liam Gallagher
+13 Bro really copy / pasted this question into ChatGPT 💀  Intern in IB - Gen
+13 Its dogshit. realestateistrue
+13 Not only normal, but highly encouraged. lucien_de_montclair
+13 Bro you just compared a Wharton undergraduate degree to a Law degree, FYI most people graduate college at 22 not 21 so at the end of law school they'd be 25. anothergodammasian
+13 Forget the prestige, its a race to the bottom. Do what makes you happy.  Analyst 1 in IB - Gen
+13 this is NOT a common outcome by the way. most analysts churn out in a few years and never make it to PM. sick_willy
+13 My friends who flopped BB recruiting used MBB as their backup plan  000x
+13 This is the way to be liked at Moelis Houston. Bring up the Gaza situation and just go ham. SonicBoom12
+13 Bob sucks. UBS sucks. Bob was just hired to work at UBS. Prospect in IB - Cov
+13 Exactly, PhDs are certainly famous for understanding how the real world functions outside of theory. Works at Goldman Sachs
+13 Many of the departures using Friday as a day to schedule interviews with other firms.They are trying to keep you at UBS by limiting your free time to interview  Analyst 1 in IB - Cov
+13 You have no clue lol. I wouldn't give two sh** if I have a million $ company that produces shampoos or "something sexy".  PE_prep
+13 old but 67,000 would be 65,000 Intern in IB - Gen
+13 Friday night and you’re reloading your own WSO comments hours later. Christ almighty  VP in RE - Comm
+13 Reddit has to be the biggest collection of miserable people on the internet. Associate 3 in PE - LBOs
+13 STFU and quit being a scab bro  Intern in IB - Gen
+13 TC : 1350 (base 500) Level : ED (~11 YOE) Desk : Exotics Good year Executive Director in S&T - Equities
+13 $1bn pod (average for the big 4) making ~3% (after trading costs; average) and keeping 20% of P&L is ~$6mm of comp to be split across the PM and whomever they have working for them (average team might look something li kpx5ar4SSW
+13 Hi, Its nice to see somebody from India. Let me give you a brief background about myself. Atticus1990
+13 Well, you suck horsecock Associate 2 in PE - LBOs
+13 Funny but true. UBS literally stands for nothing. No morales, just scraping passive fees from wealthy clients and corps / sponsors like a middling bank does Analyst 1 in IB - Gen
+13 They will be horrified of Court Discovery crawling through the UBS internal email servers. Who knows what else they might come across, so would likely settle out of court like Centerview Analyst 2 in IB - Cov
+13 Or pull a Kathryn Shiber and try to get accommodations.  Analyst 1 in IB - Cov
+13 I've personally never worked at a HF but have frequently fantasized about it. overandout
+13 Imagine telling a WSO user in 2010 that 15 years in the future, we’d be comparing Greenhill and Piper. VP in PE - LBOs
+13 I've been fascinated by the FIRE movement, and how it has engrained this saving/investing mentality in a lot of people. QuiltEmerson
+13 truck-joys-0r Not that deep, would just ignore and move on. Intern in AM - Equities
+13 BofA deez nuts Intern in IB - Gen
+13 Your answer to the Government being good at throwing money at things to the point where there is copious amounts of fraud and waste is... to give the government more funding? Maximum Leverage
+13 bros replying to his own comments. he’s letting the schizo out Intern in IB - Gen
+13 I do speak for myself, and many others - that’s why I said it. Analyst 3+ in IB-M&A
+13 You know this is fake because an MD would never give a compliment or say thank you. Analyst 2 in IB - Cov
+13 We can go band for band… fuck that we can go offer for offer 🔥🔥🔥 boozerloser
+13 Ok so here's a question, why would you sign up for the job if you knew you couldn't meet the responsibilities and expectations? Associate 3 in CorpDev
+13 HR leaked draft talking points: 1. Start With Acknowledge + Context Analyst 2 in IB - ECM
+13 dude founded Moelis and you got the gall to comment on his name  Intern in IB - Gen
+13 Signing bonus between 5-20k at a big investment bank (think LMM/MM/BB/EB) Intern in IB-M&A
+13 Could your VP salary/income cover the higher rent expenses? - yes.   Investment Analyst in HF - Macro
+13 PF UBS is literally the bottom 1/3 or so of legacy UBS, CS and Barclays. Analyst 1 in IB - Gen
+13 As someone who also got a top-tier offer (GS/MS/JPM/Northwestern Mutual), same mrjackpots
+13 That’s just how the industry works. You run a failed process you’re basically screwed out of a good premium going forward. Analyst 2 in IB - Gen
+13 Ok, you can take the advice or not but at this point you have given enough info on this thread that it’s becoming more easy to identify where you work. Research Analyst in HF - EquityHedge
+13 Nah def do spend it all on a Porsche mmmmonkey
+13 Hey there - to level set, these functions aren’t investing, and you won’t be putting $ to work or taking risk.   Associate 1 in IB - Cov
+13 "Dave_Portnoy" What does the WSO community think of this I think it's incredibly stupid to be asking a question like this. Prospect in IB-M&A
+13 He said he's at a boutique in the OP.  Bottom bucket analyst confirmed. iggs99988
+13 EVR M&A over EVR RX makes zero sense. 5x as many spots and worse exits willgrindforoffer
+13 premia
+13 In all areas of FO banking (or any industry really), at senior levels it's about bringing in revenue and managing relationships almost exclusively. rickle
+13 Route 1 (Most common): Do 2 years in IB and then transition to REPE. It doesn't matter what IB group you are in, the valuations skills are what is necessary. OneYearOneYear
+13 People seem to also forget that the average amount of bitches yall get is zero. Maybe stop worrying about IQ and DCFs so much and focus on getting some bitches on your dick lmao Prospect in PE - Growth
+13 So a few points. VCMonkey01
+13 No mention of the pool boy keeping the 3rd wife happy after the other two wives took all your bonus money in the divorce? Intern in IB-M&A
+13 Best groups are Healthcare and Industrials. Rest are all more or less the same, with variance depending on which group has a good year. Works at Truist Securities
+13 Jefferies feels like the obvious bet. VP in IB - ECM
+13 When your father gives you the thumbs up sign as he’s walking past the interview room from his corner office Analyst 1 in IB - Cov
+13 I don’t have a horse in the race and I’m not going to use specific fund names, but in an attempt to make this a more constructive thread instead of just throwing shit - undoubtedly things could be better and it does sound VP in PE - LBOs
+13 It’s actually more like putting your pecker in a mousetrap and snapping it shut for 18 hours straight a day  Associate 1 in IB - Cov
+13 UBS has been the worst decision of my life.. bad culture, bad exits, bad deal flow, bad people. Everything gets worse every month. Analyst 2 in IB - Cov
+13 Evidently still extremely sweaty given the lack of responses from current Moelis employees... Analyst 2 in IB-M&A
+13 Ok here’s what u should really do 1. Don’t touch the deck, don’t download it, or even open it, no matter how tempting it is. Analyst 1 in IB-M&A
+13 invessttr: BigBodyBenz
+13 Because they make mistakes like not knowing the difference between wrap and rap. crazylifechoices
+13 That's not how statistics work hahahah. sixsillysisters
+13 Completely useless comment... there are a lot of ways to prep for S&T interviews. DesireDreams
+13 Good luck in PE  Investment Analyst in HF - EquityHedge