+12 You do realize a “bulge bracket” is just a full service bank right?  Lester Diamond
+12 BAML is provocative, it gets the people going. Intern in IB-M&A
+12 not an analyst but from what I've read you guys tend to be "useless" sponges until 6 months - 1 year into your position lol. idk tho thats just based on what I've seen other posters say. Wouldn't worry abt it TopBoy.-
+12 OP here - please do not provide your bonus # if you're not in IB... We want this thread to be apples to apples Analyst 2 in IB - CB
+12 It's a life thing. I have a friend that was on my pee wee football team when we were kids. I called him up a few weeks ago to catch up, and it felt like a networking call. Miracle1111
+12 The above poster is spot on. I was at STRH/Truist and left because of the merger. Analyst 2 in IB - Cov
+12 Trading is a dying field. Eventually much of it will get automated by computers that figure out best way to minimize transaction costs, maximize liquidity, and lower mkt impact. jasonastor1
+12 A friend of mine interned there last year. Its your typical corporate banking role, $85K base first year, 30-40% bonus. Interns make street standard $85K pro-rated ($40/hr...$60/Overtime). PapasFritas
+12 money doesn't grow on trees moron Intern in IB-M&A
+12 Wall of text incoming: Senior Consultant in Consulting
+12 Blair analyst here. First of all, our pay is definitely not "top of street". I'd say we're above the street average, but I know that we pay less than most EBs/some MMs. Analyst 2 in IB - Gen
+12 If you're like me and come from a low income or lower middle class family, this isn't uncommon at all. I've also gotten a bit of it from old friends when visiting home. Associate 2 in RE - Comm
+12 Sounds like an average weekday social with the gang for IB in Moscow The Pharma Guy
+12 The Wire. Don't have to elaborate Stonks1990
+12 From the advisory side: Greentech and Marathon are the top two that come to mind, TPH I think is looking into energy innovation as well, but I could be wrong. RuralRick
+12 DukeGrad_1stYear Oh no, because working virtual would be virtually impossible Associate 2 in IB-M&A
+12 Weird flex but ok CATBanker
+12 went through similar process a few years ago. you can't really go wrong with either, but would strongly advise you to pick the EB offer. below are my two cents.  Associate 1 in IB - Gen
+12 My biggest concern for you is your ultimate goal being entirely money focused. You can't know this now because of your age, but you have to have other motivations for you to succeed / excel at anything. rickle
+12 Congrats on the new role. I’ve made a few posts on similar subjects that should also be relevant to you (such as establishing a presence on the board from the “then and now CompBanker thread). CompBanker
+12 Another suggestion I might add is to take the time on each pitch / book to call the junior team and make them feel like they’re actually a valued member of the team rather than a resource that is only around to output page Analyst 2 in IB - Cov
+12 I would accept their current offer so you have something for the summer as a safety net. Then I would interview and try to find something better. They showed you no loyalty so why should you? Smoke Frog
+12 I am a 2nd year analyst at a boutique investment bank (PWP/Moelis/Lazard). Ignore the my title on here. Your goal is not realistic for several reasons. Intern in IB-M&A
+12 Just saying I worked for less than a year at a place that was paying me $70k base with up to 65% bonus. I just got a new job as an2 making $125 base. Analyst 1 in IB-M&A
+12 What an absolutely terrible take on your part and to somehow make this about gender isn’t right. Investment Manager in HF - Other
+12 I'm at ubs and have never even heard of this policy or anyone taking it Associate 2 in IB - Cov
+12 I was set to graduate undergrad in 2008/2009, when no banks were hiring. I delayed graduation a semester by doing an internship abroad to buy myself another recruiting cycle. Business School in Research - Other
+12 The business is cyclical, generally speaking.. So it can definitely slow down. During the last crisis, for example, their income was $0. Shops up and disappeared. That happened to a lot of businesses, though. weaksaus
+12 I think that consulting is more accessible than IB. IB tends to look at a narrower range of backgrounds whereas for consulting, there is more receptivity toward a broader pool of candidates in terms of background/majors. Associate Consultant in Consulting
+12 Don't get me wrong -- I'm well aware of the cases at GS TMT, Moelis, BAML London and others where workplace culture was a direct driver of a junior banker's death but this just seems like an unfortunate accident. Analyst 2 in IB - Gen
+12 anonguytoibd Interviewed with a large multistrat fund and everything went well initially. Sent a research report in, which they loved. I quit this site because of censorship
+12 HugLife's reaction was predictable and matches my first thought. APAE
+12 GandalfIbanking In what regard might I ask? kop
+12 I’ll give a less snarky answer—it depends on what you want to do. Associate 2 in PE - Growth
+12 Honestly, I feel the 20s are filled with freedom and no responsibility. When I hit my 30s, I finally had to be responsible. For me a large part was taking care of family. Isaiah_53_5 💎🙌💎🙌💎
+12 Deleted, sorry boys.  Associate 2 in IB-M&A
+12 One thing that I was told of why college is a overprices, which the argument carries in favor of miami, is "Look around, look at all the irrelevant things that you are paying for that are of no interest to you and that you GridironCEO
+12 you're asking about Citi in WSO and expecting an objective answer? scrubmonkey
+12 Every asshole I've met in finance just happens to work at Citi. Not to say there aren't some nice people at Citi but God Citi people suck. Not exactly for no reason but just the only place I hate. Analyst 1 in IB - Cov
+12 When I was in college, I interviewed at Perella Weinberg after receiving an offer elsewhere first so I decided to just put my balls on the table and ask some REAL questions. BobbybananamA
+12 While the numbers seem like a stretch on face, it's really not possible to confidently criticize from outside-in without understanding what assumptions and thinking went into it. Senior Consultant in Consulting
+12 Hours as a VP are definitely lighter (realistically, I work 60+ hours per week now, compared with 80+ as a junior associate), which is consistent with other groups at our firm. The_Finance_Flunky
+12 I hate myself and I still want to have at least some time to pretend to enjoy life. You’re probably a sociopath. Banking Sucks Guys
+12 Alternate: send mold with simply "too big to fail" written on the note.  Associate 3 in PE - LBOs
+12 i've found that vigorously jerking off seems to pass the time pretty well. you may get some funny looks but dont pay them any mind, they're not investment bankers so they dont really understand k1k10
+12 BofA is a great bank. One of the best cultures among US BBs. Great deal flows. Diversified business. One of the best support for employees. Honestly no one trash talks BofA because the bank itself is great. Intern in IB - Cov
+12 I'll bite. Despite the title, I'm a VP at a big-ish fund ($10bn+ latest fund size). Associate 1 in PE - LBOs
+12 lol I mean dude I get that you're not familiar with the "lingo", but this is just basic english Associate 1 in IB - Cov
+12 Not exactly the same, but I worked in VC for a year before starting at MBB, so take what I say with that bias/grain of salt. kindheartedconsultant
+12 Please listen to this guy...  Lead Left
+12 Isaiah_53_5 💎🙌💎🙌💎
+12 I’ve heard Biden has a plan to offer IBD jobs to all Canadian citizens who ask for them - you should be fine. Trump on the other hand...he would personally see to it that you don’t get a super day at.  Analyst 1 in S&T - Equities
+12 Masturbation. heister
+12 It really depends. Qatalyst is killing it in tech, and it's fantastic if you want to stay in banking long term or you want to do VC/tech related stuff post-banking. jdeal
+12 Why are you complaining, when you got 2 superdays and didn’t get the offers? You dropped the ball. Nobody else. You fucked up something in the interview, so stop making excuses. Analyst 1 in IB - Cov
+12 Jesus, fuckers like you are scary. Guess you’re the exact type of person to make MD bad grind away whole life. wanttobreakin111
+12 FratLord is a master of trolling on the net, because he has never held a real job and his work experience section only includes one job - FratLord of a beta frat. My Name is Jeff
+12 Allow me to translate: Speak and act with confidence SMILE WHILE YOU BROWN NOSE UFOinsider
+12 If you literally can't get figure out how to get to work 5 minutes earlier, you're a moron and you're not getting a full-time offer. Sunshine Funshine
+12 VP3 (now DIR1) Bank: BB who has had some significant issues this year (lol) Position: VP3 Rating: Top VP in IB - Gen
+12 Better question than the Michigan vs Yale guy Intern in IB - Cov
+12 Im going to give you the benefit of the doubt because youre clearly new to the industry, but the answer is FT Partners by a mile.  Prospect in PE - Growth
+12 Interesting topic of conversation. Only thing I'd add is that I think the word settle is often misused/misunderstood. ke18sb
+12 Little did I know that Wells Fargo was so BASED Analyst 1 in IB-M&A
+12 Speaking as an asian male. I used to feel this to an extent. But the truth is nobody cares unless you make a big deal out of it. Analyst 1 in IB - Cov
+12 "Duc-Ho" MD of Russian Gulag. Bruvver
+12 Poverty line Analyst 1 in PE - Other
+12 The WFH lifestyle you're describing is great for a young buck who lives on their own or maybe with a GF or roommate.  I'm actually way more productive in the office than I am at home due to personal preference and bec Full Stack
+12 Shut the fuck up everyone diversity is our strength Analyst 1 in IB-M&A
+12 This will not shift. The main reason is taking capital risk will always pay better than services. Higher risk means higher reward and at the best funds, that will always mean higher compensation. BallsOnChinBoy
+12 Champagne Simping is exactly the type of guy who walks in on his wife getting run train on 5yrs into the marriage and pretends he doesn't care -- "we have a different kind of relationship I swear" Sequioa
+12 I've made this point before but I'll make it again. Acceptance rates don't mean shit and do not truly reflect how challenging it is to get into a top school. The Pharma Guy
+12 No people died. Kyle only shot communists. Sorry your beloved pedophile arsonist and domestic abuser were sent to hell. The world is a better place because of Kyle. He’s an absolute hero.  Associate 1 in IB - Gen
+12 The main piece of advice I'd give to traders out there is to truly understand your process, why the market should compensate you for your strategy, and under what conditions (e.g. PM in HF - RelVal
+12 question - is something virtuous if someone seeks recognition of it or brags about it to others? is a donation to charity really charitable if you use it as a tax reduction strategy? thebrofessor
+12 Was perusing WSO to see any coronavirus impacts being discussed here. Came across this instead so I thought i would add my perspective. qwertyzxc
+12 From a HF perspective, it's going to depend on the fund, but the big thing always comes up is an ability to be trained and your thought process. Is it methodical, or all over the place? VIX-y Normous
+12 This. “Pro life” sounds quite hypocritical when there is no federally mandated maternity leave, no universal healthcare coverage and no subsidized childcare. cousin.greg
+12 thebrofessor
+12 Alt-Ctr-Left PrivateTechquity 🚀🚀🚀
+12 Start networking/recruiting heavy at the Mormon dense PE firms.  WolverMonkey
+12 Think of Citi as the fly by night carnival set up in the empty lot on the edge of town.  Associate 3 in IB-M&A
+12 Non-IB Intern: "oh you work with ppl in securities?" Friend: "yes..." Intern: "awesome! every social interaction is a networking opportunity, maybe we could talk more!" fivebyfive
+12 Several thoughts on this one as an ANL 1: The two most constraining factors are likely to be (i) your team culture and (ii) the unpredictability of your schedule. Bananas_20
+12 Chicago is seemingly a good spot for analysts. MD count has doubled over last few years and culture appears strong. Exits to Silver Lake, Thoma Bravo, Golden Gate, Madison Dearborn in recent years. Finance123456789
+12 I live and work in one of the cities you mention. I'm originally from Scandinavia but went to the UK to study and then work, before leaving the Brexit circus behind a little over a year ago. QuiltEmerson
+12 This argument would be rock solid if it wasn't the case that new information regarding user count just recently came out. Hölder
+12 Trolls take notes - this is how it’s done. Also “Goldman and Sachs” had me laughing. barryHYbonds
+12 TryTheDip
+12 Follow the Abusement Park Breakup Playbook, conceived 11 months ago when it happened to me. 1. Delete ex-significant other on all social media (or delete social media in general) Abusement Park
+12 Blair Analyst 1 Rating: N/A; all Analyst 1's get the same stub 40k stub - - 50k base (prorated, based on 85k base initially which was bumped up to 110k) +40k stub Analyst 1 in IB - Gen
+12 I actually had the chance to speak with my MD today and he informed me it wasn’t anything against me, and that he didn’t mean for it to come across that way. Analyst 1 in S&T - Other
+12 30 hours a week of real work. Analyst 2. Anyone that puts that much time into work for a decade is a psychopath and lives a sad life. No offense to anyone that's done it. burntwaffles
+12 This rich_toad
+12 Better exits than many of the coverage groups at GS, MS, JPM, LAZ. HF-oriented as well as PE exits. Definitely tip top tier and anyone going there should count themselves lucky. Prospect in IB - Gen
+12 Why do you do this? Analyst 2 in S&T - FI
+12 sheldonxp PrivateTechquity 🚀🚀🚀
+12 High schoolers on Wall Street oasis NA in IB-M&A
+12 My 2 cents...  Canadiens16
+12 I went to a concert last night and was randomly talking to the guy behind me in the coat check line. Guy was telling me he buys up properties and then rents them out on AirBNB. Prospect in IB - Gen