+12 It’s a sweatshop of course it should be sweaty  Analyst 2 in IB - Gen
+12 Omg they can’t even get that right Associate 1 in IB - Cov
+12 Analyst 2 in IB-M&A Analyst 2 in IB - Gen
+12 If average employee pay & expenses for all employees is $300k / year in the group, that is $60mm over that span. Other group are subsidizing this group to the tune of $50mm over 2 years. Analyst 2 in IB-M&A
+12 DEAL Market is up Analyst 2 in IB - Cov
+12 I know you don’t feel it at UBS and they try to tell you otherwise.. but.. markets clearly up Analyst 2 in IB - Cov
+12 Err… market up 24% Analyst 1 in IB-M&A
+12 All you need is one person to claim they believe they have measles Director in IB - Gen
+12 Some good answers here already. To offer another perspective, below is my case prep journey from start to MBB offer. Incoming Analyst in Consulting
+12 Not closing deals, but daddy’s gotta eat! VP in IB - Gen
+12 Tbf he basically did completely eliminate her in terms of kneecapping her power and demoting her to irrelevancy but she’s still here…  Analyst 1 in IB-M&A
+12 Analysts leave after 2 years and there are hundreds of people waiting to jump in. Associate 3 in PE - LBOs
+12 Its like the 80s all over again, you got First Boston, Lehman, Barclays and CS all trying to scramble for scraps at the has been UBS. UBS didnt plan all this out haha. They were overzealous and it backfired bad. Associate 1 in IB - Cov
+12 bump glizzlybear
+12 Bump Analyst 1 in IB - Gen
+12 Post above that shows as “.” previously said something along the lines of: “Temperature check: Like this post if you like working at UBS and MS if you do not.” Analyst 1 in IB - Cov
+12 Analyst 2 in IB - Gen
+12 I’m sorry I’m just so sensitive to it now. I believe this is a genuine post but did you ask ChatGPT to help you write it? Lol “Real talk:” “battle scarred vets” Analyst 2 in IB-M&A
+12 Jamie Dimon crossed over into the "shitty old man" category a while ago, now steadily progressing into "belligerant dementia".  Seems like the kind of guy who gets drunk and yells at the TV while watching Fox News. UFOinsider
+12 Yep -- similar to other banking roles, but here it is: BreadCo
+12 Unless you’re trying to dox yourself maybe don’t use the term “generational run of shitty policies” both here and on Litquidity’s IG post… selenagomezsdad
+12 Heard the juniors at LionTree won’t complain on 110 hour work weeks given the material their sorting through. Intern in IB - Gen
+12 This is sadly misguided. I'm at another EB but have a few friends over there from business school and know the M&A side well. Associate 3 in IB - Gen
+12 I'm pretty surprised at the response this memo is getting from Google, although I also admit I have a relatively right wing perspective. BörseBulldog
+12 I took the GMAT a few months ago after studying for 3.5 months and ultimately scored a 740. Analyst 1 in IB-M&A
+12 ahhh so you're all talking about just a simple conflict of interest sure, I had in mind more of a legal/illegal conflict of interest - as if favoritism is something new lol  GS under Blankfein
+12 Intern in IB - Gen
+12 Nope, see you in Charlotte! Prospect in IB - Cov
+12 Take a hunting trip to Anchorage. When I felt stressed, that was the one place that would clear my mind. Anonymous Monkey
+12 Thank you all for your opinions! They really helped me feel more confident in my choice. I'm going to go with Bain. Hopefully I'll find my way to the industry I eventually want to work in. Prospect in Consulting
+12 Someone once admitted that they are over 10 years old and don't know the name for a semicolon. PossumBelly
+12 LMAO @hedgehog9" user987654321
+12 Purely anecdotal evidence (especially focusing on the NYC offices of each firm), this is how I'd rate the groups based on both considering exits into MF/UMM PE per capita and overall (maybe a weighting of like 75% per capi Analyst 1 in IB-M&A
+12 I’ll give my 2 cents. I worked there for about a year before lateraling elsewhere and now accepted a MM PE job. In my time there, the deal flow was great and I spent most of time executing on sellside deals. Analyst 2 in IB - Cov
+12 Most overhyped platform Summer Associate in IB - Gen
+12 had a colleague who just stopped showing up to work one day. was staffed on barely anything because they were mad about their bonus and whenever he got a work ask he would forward to this junior team with "pls handle". Intern in Private Credit
+12 you become a mythical Greek god. oreos
+12 I think it depends a lot from culture to culture of each group but a few examples of things I’ve seen/heard that turn me off from the job long term. Associate 1 in IB - Cov
+12 As others have stated, Asset Mgmt includes all kinds of things. Mutual Funds, Hedge Funds, Private Markets (equity and credit), RE. The larger shops will do some of all of these. rickle
+12 "Office Politics", like others have said, is just being liked. crerepe21
+12 Absolute no brainer Georgetown thehalifaxgroup
+12 let's be honest: WSO search is horrible. I just searched "IB compensation" and the results are completely unrelated. Kevin25
+12 Exit ops for PWM comes up frequently on this forum. Must be the IB undertones.  rickle
+12 Most of the S&T desks aren't as glamorous as you are thinking and firms know this, so they have no desire to fill their intern class with STEM majors from top 10 schools that won't be happy on 70% of S&T desks. Intern in S&T - Other
+12 FWIW I think startups, by nature, vary a ton. You have your 7-days a week startups ran by 22 year olds and then you have the older, slower startups where kids are the norm. Analyst 1 in IB - Gen
+12 I don't understand this silly business of coding people's names like we're spies. Particularly when we're complimenting people. MMPM
+12 Team member pointed me here.  Thanks for the post...some clarification / assumptions that I think are not fair that might help clear things up.   WallStreetOasis.com
+12 May shock you but it is more common than you think, to start this person thinks very highly of your cousin and for sure enjoyed your overall vibe as well. PM in HF - Other
+12 ^ Great example of facepalm moment. sevenforone
+12 Comp Sci is gay Associate 1 in IB - Gen
+12 You don’t see unions on Wall Street because the juniors want to become the very people they’d be protesting against. Mort1x
+12 Everything CRE said is right on, especially as somebody else who didn't attend a top finance college and has never had much desire to live and work in NYC. Ricky Sargulesh
+12 Get a life please Retired in HF - Other
+12 NESCAC athletes kill it on the street.  Analyst 1 in IB-M&A
+12 "Your wife waited for you during the years of 90 hour weeks. She gave up her successful marketing career to raise your first two kids. She was thrilled when you finally decided to pursue better work life balance. Layne Staley
+12 I think very, very few people understand this.  I think most people believe Mr Musk is designing EVs, or writing equations on a whiteboard alongside all the literal rocket scientists at SpaceX. Ozymandia
+12 Intern in HF - EquityHedge
+12 This is failing to recognize a few things: 1. MFs have many, many more partners. A MF with a $25B fund might have 30 partners, whereas a $1B MM fund might have 3-4 Associate 1 in IB-M&A
+12 you could do several formats. TheFlyingKiwi
+12 Sounds like you were too lazy or dumb or awkward to figure it all out. 5 superdays with no offers is quite the achievement. Gotta know when it’s time to hang em up and move on. Assistant PM in HF - EquityHedge
+12 I'm undecided on what to comment on this, see my options: Comment #1: Poor Wharton kids! They have it so hard (sad face)! - From a non-target student (think Kansas/Ohio/Kentucky) GS under Blankfein
+12 This is a great way to get a permanent, public mark on your FINRA record. Last day does not matter. Associate 3 in IB-M&A
+12 (Due to bulking) is the funniest way people cope to avoid admitting they got fat. Analyst 1 in IB-M&A
+12 if only they could pay us down in houston when we're carrying the franchise. Prospect in IB - Cov
+12 PJT M&A is a sweatshop as a result of poor management, not incompetent seniors (as is the case at most firms). Analyst 2 in IB - Gen
+12 Accurate & fair information about those handful of PortCos (out of >30 active ones) but pretty simplistic and emotionally loaded conclusions. Works at Clayton, Dubilier & Rice (CD&R)
+12 Inequality is an important conversation to have in the UK alongside our low growth, but the fact that Gary fails to discuss things like our immigration, welfare state, triple lock, education + energy policy and the thing h Intern in IB - Cov
+12 The type of person to make this topic prob doesn’t have the aura to pull this off naturally is my initial thought and reaction  dukeblue2019
+12 This has been discussed with respect to London salaries vs elsewhere before but just to summarize my views on it: CATBanker
+12 Multi-mil. I keep it easy. 1. No credit card debt. 2. Max out 401-K contributions, 529s and any other tax-advantaged vehicles (e.g., backdoor roth) throwawaybadabing
+12 I was 23, fresh out of college. I have no mentor and no family at all; they disowned me as a teen. bigdog_1
+12 My thoughts only are related to PE. Went a couple years ago, so not a direct answer to your question. Did the standard cookie cutter (Ivy, banking, PE, HSW, PE). VP in PE - LBOs
+12 BB is a social construct. It means what senior leadership around the street wants it to mean. The term, when initially conceived, is about full-service global banks that were the top banks across regions. Executive Director in IB - Gen
+12 Depends on what’s important to you. I learned a ton in private equity and it was the “finishing school” that IB was supposed to be but never was. Associate 3 in PE - LBOs
+12 You are conflating a few things here so I am just going to share a few things that might help. mtnmaster1
+12 We said the same thing during the Biden admin when we thought the Fed was behind the curve in 2022-2023 when we had two consecutive quarters of negative GDP growth (which were eventually revised up). FinGuy123
+12 Figures vary slightly by market but this is a reasonable stab at the "standard" comp by level. Associate is post-MBA level. Associate 2 in RE - Other
+12 Huh? He said it was an important family wedding…..if you were to skip a sibling/immediate family wedding in sake of an internship, I really feel bad for you and where you rank life’s priorities  Incoming Analyst in IB-M&A
+12 You make 14.2% more over an entire career at an EB. Absolutely no variables at all in the question, so pretty easy to answer. Associate 3 in IB - Gen
+12 I'm an Analyst in this group so will opine: pikerfish1
+12 lol RBC Calgary the gulag LBOtopboy
+12 Former FT Moelis analyst here. First and foremost, the big 4 included at the top does not include Apollo which may be bigger than TPG but idk. Anonymous244729
+12 10 years out. The most successful are the couple HF guys and the ones who stayed in banking. The PE people may catch up / exceed if their carry ever pays out VP in PE - LBOs
+12 Have it on a first hand account the kid who passed out on the floor pulled an all-nighter the night before and had been getting crushed for weeks. Grizzled Financier
+12 "Power couple?"  Chill out.   Pussy galore
+12 YoshiIsAwesome is right. There's not enough corroborating information. When it comes to GPA and MBA admissions, there's more to things than the raw number. Some things that will play to your favor: 23mich
+12 Kids leaving college have no clue what they want to do. I don’t really fault people for the first job they choose and think few college kids think about career stability when starting out. VP in PE - Growth
+12 I left Baird a while ago but the nepotism was actually laughable. Some examples below: - The CEO’s son is an MBA associate - MD #1’s son is an analyst in a different coverage group Associate 1 in IB - Gen
+12 Usually hate posts like this but this one was actually pretty good Barney_Stinson
+12 Wow where do I even begin, I get to create Powerpoint decks, build financial models. Our firm (bulge bracket) also offers us a seperate ladies restroom!!!  wsomembersince09
+12 Not sure if this is a troll, but I’ll take the bait. Chase Coleman is a glorified lax bro who has ridden coat tails his whole life. Associate 1 in IB - Restr
+12 I hope this post is bait bc that’s literally revolting EH_10
+12 For me, it’s “Vampire GF does your makeup before prom ASMR” po_6
+12 OP makes post like this on WSO then says on LinkedIn “All, im happy to announce I’ve accepted a summer analyst role with Northwestern Mutual” james55
+12 I worked in industrial, so many memories, so much therapy. Many of the highlights have already been mentioned, and I hate being redundant (very inefficient) so I only have a few dishonorable mentions to add. laer_si_amrak
+12 This is the wrong list dude, it's overall fees which is derived from being a large balance sheet bank. Check Bloomberg or Factset for the league tables for leads and the volume of deals for leads. Analyst 1 in IB-M&A
+12 Just referring to general intensity really. Hours vary significantly by PM style, strategy, and individual time management. BayesianBets
+12 Our (I am an American familiar with the UK) problems are more similar than you think when you ignore the 1% of Americans who are wealthier than ever. Bankasaurus
+12 You won’t get into either school, so you don’t need to worry about this wallace18
+12 The most impressive part of UBS threads is the dedication this ex-ED has in hating on UBS. Even when they begrudgingly defend UBS, they still manage to throw jabs at the firm. Intern in IB-M&A