+12 I'm sure that you are absolutely Deloitted with your recruiting outcome Mr. Disagreeable
+12 I assume this is Dartmouth or Cornell? If so, can definitely understand where you are coming from OP. Quaneaser
+12 Remember guys this is the same fellow who said the 500 smartest people in finance in any given college class are in Wharton. Analyst 1 in IB - Cov
+12 Congrats on the offers - both are great places to start your career if you're interested in energy. Associate 2 in PE - LBOs
+12 I don't know why you decided to go into investment banking if your dad achieves 100% ROI on property investing. Go back to China and work for your dad. LongIslandBound
+12 "Let's see Paul Allen's card" Ari.Gold
+12 the fact that you put hlhz among evercore, laz, and bx makes me think you're at hlhz... ledger123
+12 it;s a system where, instead of simply using the resume to identify talent, other (ideally more useful) metrics are utilized such as: - firmness of handshake - whiteness of teeth Analyst 1 in IB - Cov
+12 Was on a call with an MD and a target company and the CEO of the target referenced some Ted Talk type thing MD gave 10 years ago. PE-biz-dev
+12 I think you've made some strong points here, but I think your discussion on comp is really an over-simplification, so wanted to add some additional thoughts there: Black Jack
+12 When I was negotiating, I couldn't in good faith ping pong offers back and forth in a bidding war too many times, especially for a company I was most likely not going to accept. quantfin
+12 It’s incredible how much you can learn just reading the red line comments of legal documents.  If anything, spend a couple years getting that exposure. odog @digitalimmortality.com
+12 Prospect Analyst 1 in IB - Cov
+12 Even if your dads best friend is an MD at Ares, they still won’t hire you if you lack basic social skills. Based on this post / your comments, you’ll probably be at a 3rd party loan servicer for the summer  Associate 1 in PE - LBOs
+12 To those anxiously awaiting to see if they passed the hirevue, I wish you all the best!!! dmonkey2221
+12 With wfh I think you’ll want a nice work setup as well. But I would recommend: 1) a nice mattress. Get whatever it is that is comfortable for you, sleep is important Investment Manager in HF - Other
+12 This forum says pick Stanford because it’s a higher ranked school, which is true, but I think given your profile, I would pick Wharton. VP in PE - Growth
+12 Before you blow up what is by all measures an extremely lucrative career, take a step back and consider: are you truly dissatisfied with your work and the lifestyle it affords you, or are you only dissatisfied in compariso HighlyClevered
+12 Great read, read it when I was on the toilet Analyst 2 in IB - Cov
+12 Nothing gets past this guy Analyst 1 in IB-M&A
+12 The downside of saying you have any outside document on WSO  cre-23
+12 Numbers check out, and yes S&T is much better than IB in terms of work/life balance if you are good. Executive Director in S&T - Equities
+12 Also, I literally say I think analyst IB is worth it for almost everyone that doesn’t get suicidal—that’s a pretty glowing endorsement and a far cry from saying it’s worse than stocking shelves. VP in PE - Growth
+12 You're coming to us instead of your compliance department lmao? nutmegger189
+12 Jesus Christ kid, go do your homework or join a club sport or something rather than just spending all day trolling on WSO. Principal in PE - LBOs
+12 Pretty disheartening to see so many of these post trashing MBA associates, telling them what they need to do to be a proper/qualified associate etc... Just so you know, there are equally as many bad analysts around. dbag899
+12 I will be a freshman at a target (not HYPSW) in the fall, and will be interning at a MM PE firm this summer & throughout freshman year. iercurenc
+12 Prestige is fundamentally a social construct rooted in the human desire for recognition and status. It is important to some because it serves as an external validation of their abilities, achievements, or social standing. Analyst 1 in IB - Cov
+12 we've all been there. it's a skill that you acquire overtime as you get more and more senior. you'll also find that even amongst MDs, each has their own style.  couple of tips for your consideration:  Analyst 1 in IB - Gen
+12 Can't directly speak for how KKR operates, but it's more or less consistent with how most REPE or RE arms of PE MFs operate. Works at Carlyle Group
+12 I'm sorry to say that I'm not actually contributing anything super valuable to this thread, I only dropped in to say that seeing the words Rothschild Merchant Banking in writing is just such an incredibly Nouveau Richie
+12 Student: i own goldman sachs, how can i use this opportunity to get myself an internship at goldman sachs? AndyLouis
+12 Interned at a large asset manager on the investment side and am going into buyside research FT. Some things to note but keep my limited experience in mind: Intern in PE - LBOs
+12 Also, I'm generally in favour of more education whenever possible, as it makes it far easier to be lucky. SSits
+12 This. Work hard so that you can lift your next generation up the same way your classmates’ parents do today. That’s just being a good parent and wanting the best for your kids. BoBandy
+12 1. Performance doesn't mean fucking shit at non-revenue generating levels. If you're not in position to produce revenue (and been generating $) then your fate is entirely coin flipping. PM in HF - Other
+12 As someone a little bit older with friends at every firm that has been mentioned here, I have to point out that culture is relative. Director in IB - Gen
+12 I used to work in institutional REPE and thought brokers were useless. My bosses also generally thought so. They wanted us in office editing a 50 page deal memo rather than building relationships with brokers. Associate 2 in RE - Comm
+12 "Steve Wibble" then go home and have sex with your wife. One of the funniest comments from an undergrad I've seen on the f REPE God
+12 Lol’d at L8 at Google being the example. Godspeed but that’s the equivalent of “if you make it to partner…” L8 probably going to take 15 years and there are very few seats like that and very few googles. VP in PE - LBOs
+12 I’ve gotten so many DMs about this, these are my thoughts. Analyst 3+ in HF - EquityHedge
+12 It's way too early to suggest that banking offers a longer term, more stable career. In 2008, the unemployment rate of bankers sky rocketed when the housing bubble burst. Intern in IB - Gen
+12 In Wall Street's hustle and bustling throng, Where fortunes rise and dreams prolong, There lies a secret, a savory delight, Gabagool's allure, a financial insight. Isaiah_53_5 💎🙌💎🙌💎
+12 Difference between you and a slave is you can leave and don’t get whipped physically. My ancestors came to the US as indentured servants and were beaten and whipped in post slavery US as effective slaves. TechBanking
+12 I see a lot of my old perspectives coming through in your post and there are a few things I'd tell myself, with the benefit of hindsight, that would have improved my overall attitude/well being when I was a young professio CharlesCheese
+12 Lucky you. My group’s guidance is that analysts not only have to donate $100 for our admin, but also have to give a end-of-year tip of $300 for each director and $600 for each MD. Analyst 2 in IB-M&A
+12 The FTC really hasn't blocked deals recently. They didn't even block Microsoft-Activision Blizzard. kellycriterion
+12 Unfortunately there doesn't appear to be an abundance of great literature of vanilla private credit, but I can point you towards a couple resources, most of which are actually geared toward leveraged loans.  tronicz
+12 For starters, I should be clear, my expertise is not structured credit, but private credit/direct lending and distressed debt/special sits/rx/debt activism. DistressedDebtDavey
+12 this whole liberal shit annoys the fuck out of me financialwisdom
+12 Update: I accepted an offer at his firm and will be joining in the near term! Reasons why I'm making the switch: Analyst 3+ in IB-M&A
+12 Diversity hires VP in IB-M&A
+12 If you’re talking raw intelligence I would guess that places like Jane Street and peers have the highest average given that is such a central part of their screening criteria Research Analyst in AM - Equities
+12 Relax man, recruiting for IB analyst roles, even during the peak COVID bull market, is, has always been, and will always be a crapshoot. Associate 1 in IB - Cov
+12 Disclaimer. I went to to a random state school, poured a year* into securing a summer analyst offer doing all the networking coffee chat shit. Associate 1 in PE - LBOs
+12 Lots to unpack here... Analyst 3+ in HF - RelVal
+12 Pretty much in line with what jckund already mentioned. above_and_beyond
+12 The standard books such as Mastering Private Equity can still have interesting bits (even after 5 years PE, 2.5 years consulting); and I quite enjoyed 2 and 20 (story from an ex-Apollo partner).  Carolus Arkus
+12 I thought they always try to walk it in kakaman
+12 "WallStreetOasis.com" Interesting and a much needed perspective to those eager prospective monkeys here on WSO. Flake
+12 Yep I got you son. HR will be in contact soon.  po_6
+12 Guy sounds like he watches you piss at the urinal kylebro
+12 To get this straight, here's what you're saying: kindheartedconsultant
+12 The phones that the bank gives you comes pre-installed with an app that plays a police siren upon an e-mail being received if you have set an alarm for the morning…. poppinbottleS
+12 congrats on BAML Intern in IB - Cov
+12 If OP wants our praise, he can have it, at that level of income he deserves it  atlantafanta
+12 Alt F4 sand491
+12 First of all, humble yourself. You come off as extremely arrogant from your post / comments. Secondly, you’ve gotta connect with as many bankers as you can and try to be authentic with it. UncookedBooks
+12 A lot of people that get into investment banking are risk averse, and they feel like banking is a safe path. They feel like they made it once they get hired by a bank - especially a BB. Miracle1111
+12 Are you really gonna make that assumption with no inside information knowing how white and privileged high finance tends to be? Kale_Smoothie
+12 Sure, "all" of them are getting fired.  Wallstreetertobe
+12 .. Principal in RE - Comm
+12 Damn, a lot of mine have been posted already.  I eat really clean M-Th but relax it on weekends; 99% of my M-Th liquid intake is just water.  No drinking during the week unless it's in a professional context (con Hugh Myron
+12 I go to a top ivy and can confirm this is for the most part true. 30% are legacies, 10-15% student athletes, 20% mega rich/diversity kids, another 10-20% just went to a top private school and did ok there. de888
+12 I'm going to build an AI model called "DCFGPT" that runs sensitivity analysis etc, analyzes templates and make it public for free for all bankers to use and save time. (not kidding btw) Chief Chuckler
+12 Yeah I've noticed this too OP yabooner
+12 Alright guys, I had a summer internship in PE at an okay firm this past summer and recruited for IB FT and secured the offer for a top MM. I am a complete non target with a 85% acceptance rate. Non diversity.  Analyst 1 in IB - Cov
+12 I would take a different approach than the other poster.  Investment Manager in HF - Other
+12 Honestly, with an IQ as high as yours, consulting is probably the best option. Analyst 1 in IB-M&A
+12 Interesting view. I dated a girl who’s parents were absent from most of her life because of their careers. It started off great but gradually she began to demonstrate her complete lack of empathy and family values. Associate 2 in Acct - Other
+12 Maybe if you ordered a cookies and cream frappuccino you might get some light-hearted poking... but who gives a shit about a vanilla latte? Associate 3 in IB-M&A
+12 Go to a non-target that is 5mins away from an Ivy so we all go to the same bars etc. Don't get me wrong, met a bunch of cool kids but my god have I met so many assholes/weirdos. Prospect in IB-M&A
+12 I am quant researcher who switched over from the tech industry several years ago. Let me give my 2 cents. What is your definition of a "good place"? mlroxx
+12 Like most things that are discussed on this forum, there is likely a middle ground here. rubiomn9
+12 I'm of the mind we should make society more difficult for entitled gluttons to navigate and charge them more across the board for both public and healthcare-related services. PrivateTechquity 🚀🚀🚀
+12 A little socially awkward, sure, but if his product is fine who cares. Seems like he means well. Probably just not a great fit for your "aggressive" firm. EBITDAX_addbacks
+12 Sounds better than some hardo loser from nyu or a psycho striver from Ohio state(willing to do anything) that permeate amongst all the bbs these days.   Guy sounds way better. Associate 3 in IB - Cov
+12 This is all from personal experience, so sorry in advance if some people disagree. My background is London BB IBD > L/S HF. thewaterpiper
+12 Looks like we’re in the same point of our banking careers. Analyst 2 is the worst year. Analyst 2 in IB-M&A
+12 Yeah the back office could always use a few more mids  Sequioa
+12 I agree with the above comment. Tamara_S
+12 Will try to be brief here but in a nutshell: Shorttermbuy
+12 Why leave SF? They just came out with an app called HomoRomo, currently in beta in SF. It’s an AI powered BaaS (bum as a service) platform that connects homeless fucks with everything they need. johnny-mnemonic
+12 Girls with tattoos are definitely the ones that like anal Intern in IB - Cov
+12 Redacted. Redacted. Redacted. Jesus this thread looks like Xi Jinping was here. Intern in AM - Equities
+12 To lessen the workload: if you finish whatever you are tasked to do faster than what is considered "normal", don't immediately notify your vp or md. Chill for a bit and deliver it "just in time".  GeorgeBushBrother
+12 Sounds like a chill guy to work with. I’d rather work with someone like that than be around obsessive sycophants whose sole purpose in life is investment banking for 80+ hours a week.  Analyst 2 in IB - CB
+12 These returns are misleading. These are returns on *cash invested*, not on the return of the fund. Because they are a family office, they don't have to report returns to investors the way most hedge funds do. Works at Citadel Investment Group
+12 More broadly speaking people who make their job (or general love of finance) the primary element of their personality.  Principal in PE - LBOs
+12 It's up to you to set lines. If you respond to non urgent things at the early hours on a weekend then you are setting the precedent that you will continue to do that. AngelOfMusic