Highest Ranked Comments

+11 Lol. Seriously. So much small dick energy here. Do what makes you happy. Principal in PE - LBOs
+11 You’re cooked dude. If you don’t already have 3-4 IB/PE/AM internships and a large professional network before starting your freshman year of college, you are cooked for getting into the IBW, let alone a SA position. Analyst 1 in IB-M&A
+11 Watching all you guys who voted for Trump because he was supposedly “pro-business” now have to shift your narrative has been hilarious. Devils Advocate
+11 The perceptions on this thread have been overwhelmingly negative. I can understand why. kellycriterion
+11 Go to horny jail! Monty Burns
+11 Really happy I found this thread, I can relate to pretty much all the comments. Intern in IB-M&A
+11 Context: Current MBA at W that came from a well-regarded UMM. Only applied to HSW and only got into W.  VP in PE - LBOs
+11 MM is so group dependent that it's really hard to rank properly from a overall bank perspective. Safe to say that each bank in the MM is #1, relatively amongst the MM's, in at least one industry/product. Associate 1 in IB-M&A
+11 I just spent two days, working extra hours to modify some code logic, supposed to be for an important meeting. Ace Rothstein
+11 Alpha order here to give you the lay of the land: -Baserock Partners - Built environment (spun out of FMI); small but growing -BoA - Has a 2-3 guys doing energy VP in IB-M&A
+11 "mbahopeful88" "EarlFromUtah" I went to an internatio Billion with a B
+11 My firm has a template for initial IC memos (very light informal for first looks) and it generally is 10-15 slides and should cover the following: Analyst 3+ in Private Credit
+11 probs better than the cocks and balls you get in corp dev tho eh? Analyst 3+ in IB - Cov
+11 deadlift StaphyBone
+11 Another CVP analyst checking in here just to humble brag that I work at Centerview. Carry on Intern in IB - Gen
+11 CVP analyst here, I would say people here aren't always interested in the prestige rat race that other candidates are typically on at other EB's. Analyst 2 in IB - Cov
+11 Ludo was my masters thesis supervisor and I also took some classes with him.  AndiBoom
+11 Saw a kid from oxford uni join the boutique I was at. the dude wore brown trousers and a shirt that was like a ship's sail it was so big and baggy - shirt and trousers weren't ironed either. Analyst 2 in IB - Cov
+11 I’m gonna give another perspective here. You clearly were able to place a good job jobs. Your stats are fine, your work experience is good and you were able to get invited to good job processes. Associate 1 in IB - Cov
+11 These posts are what keep me coming back to this site.  Well done.  There are some funny bastards in this sea of predominantly goobers CharlesCheese
+11 Tricky question. Using simplified formula: Enterprise value = Equity value + debt - cash; gives Enterprise value = 100 + 0 - 100 = 0. Enterprise value is zero. billatkinson
+11 Sorry, but this comes off as very ill-informed about the current state of IB recruiting. Most of the BBs are already done recruiting for sophomore summer internships or they are currently open. Intern in IB-M&A
+11 I had to think about this for a few minutes because as we all know, where you are today is a product of all the decisions you've made over the course of your life. pajero
+11 it’s weird to have an across the board view on “female bankers.” i’m not inclined to dignify the question with a serious response tbh. ShooterMcGavin11
+11 join us brethren  Works at Wells Fargo and Company
+11 Those are some mighty big words for an intern fa87sdhxjah
+11 Fundamentally, you need to like selling to become a good md. Selling yourself,  selling the bank, selling an asset... with all that it implies VP in IB - Cov
+11 I was an Econ major at Michigan, so obvious caveats apply, but you should go to Michigan. yologoose96
+11 Ok sorry guys I messed up  BankBoy23
+11 Would take Yale. Better parent university, more friendly atmosphere, easy grading, and similar opps for banking / MBB Analyst 2 in IB - Gen
+11 6’3 only 225 bench? -10000 aura Intern in Non-profit
+11 would take HW over any of the banks you mentioned. HW pays way more and has as good/better exits on average than DB/WF and most groups at RBC. Analyst 2 in IB-M&A
+11 Yeah school doesn't matter. Transferring to Dyson is like a 50/50 shot or something. and give me a fucking banana im tryna up my rep Prospect in IB - Gen
+11 Bad rep has definitely diminished, esp after last year where they managed to hit top 10 M&A advisors. Prospect in IB - Cov
+11 In solidarity with this, although I will go to work on the 17th, I will pee on the floor next to the toilet as a sign of protest Analyst 1 in IB-M&A
+11 I support this as I think UBS culture and WLB for juniors have definitely gone down significantly since the merger. Executive Director in IB - Gen
+11 This isn’t quite accurate. Digit
+11 If you want to argue, you should give me better than that I sound bitter and soft. Analyst 1 in IB - Gen
+11 Assuming you are in London with this answer. It's a very UK specific role - it's a regulatory requirement for all companies listed on the main market / AIM in London to have a Corporate Broker / Nominated Adviser. Monkey_47
+11 If you lateral it will look like you're not up for SA, and you will likely end up well down-market. You can certainly shop around but you'd have to be willing to move to MM or LMM. Associate 3 in IB-M&A
+11 Good sign of a 22 year of buyside analyst who thinks too highly of themselves is hating on the sell side. midwest_analyst
+11 sorry but reviewing a pitch you guys lost is the ultimate loser behavior. that one made me laugh out loud for real. no one wins or loses based on a slide presentation lol. SonicBoom12
+11 Smart investors, past few funds knocked it out of the park, great outcome in latest fundraising (on par with CVC EQT, all of which miles ahead of the downsizers like Vista Carlyle Blackstone Apollo). Associate 3 in PE - LBOs
+11 This is a 10/10 thread Associate 3 in IB - Gen
+11 My strategy is a big coffee on the morning to wake me up and give me energy at the start of the day, and then diet cokes spaced out throughout the day for the slow release of caffeine Analyst 1 in IB - Gen
+11 Respectfully, it’s March. Networking should have happened 3-6 months ago HomelessToast
+11 I don’t get out of bed for less than $1.0mm Associate 1 in IB - Cov
+11 Before everyone calls the OP a jerk, keep in mind that by allowing that SA to enter the industry you're effectively blocking someone else out. OwwMyFeelings
+11 So a few things: setarcos
+11 I built the model test still used by a $2B+ (current fund size) growth fund. The biggest differences from a typical LBO that can be (but are not always) thrown your way: VP in PE - LBOs
+11 Alexey KirilovMB00, I generally like to be helpful here, but if you really can't think of any questions regarding the industry or the ba zala rules
+11 Eh, agree and disagree. Let's unpack this.   lodok39770 CRE
+11 With renewables, its highly unlikely to find operating assets yielding above 8% IRR. Some funds have been creative here by structuring JVs (or on the funding side) and have been able to boost their returns above that. Buyside_Blues
+11 I was briefly a pm at a multistrat. The original post should be required reading for anyone interested in trading and working at a hedge fund. Some of the posts below it are spot on as well.    Jamoldo
+11 Would strongly vote Michigan here. Understand the sticker price is scary but when you break down the math it becomes really manageable. Analyst 2 in IB - Gen
+11 My team and I just closed a deal, we just chillin. and shared your post with my MD as entertainment (c-level exec BB), this is what he said with a bit of paraphrasing: Analyst 1 in IB - Cov
+11 Prospect in IB-M&A Hi there, Lockwood
+11 Lol, get a life. No one cares about your little woke journalism article. Trump’s America will send all of you seething to the floor where you belong. Anonymous Monkey
+11 What's up with these borderline racist comments on a forum for professionals? This isn't middle school buddy Analyst 1 in IB - Gen
+11 Screaming at a junior employee and embarrassing them in front of the whole office seems a bit excessive if you ask me.  CRE
+11 Im at DB, likely saw your CV today along with all the other off cycles. Congrats on getting the offer. Pointers on team selection:   element_rush
+11 A few thoughts: Username_Classified
+11 Hey, I don't have much to add, but maybe my experience can be of comfort. Last month I received the same treatment, and was fired for poor performance from a T2 firm (but I suspect a good dose of cost-cutting as well). Analyst 1 in Consulting
+11 Not the above posted and I never worked in PE but friends that have received carry distributions have been paid nothing remotely close to their quoted DAW, so my guess is 1. Investment Analyst in HF - EquityHedge
+11 When did I begin the recruiting process? Investment Manager in PE - LBOs
+11 Make friends with the hottest cheerleaders / sorority girls in your school and get them to join the associates / analysts during round 2 of company drinks - guaranteed offer Associate 2 in CorpDev
+11 One associate I worked with had earnings start at 3am Thursday morning (west coast), worked until 8pm then went out drinking until 3am, went right back to work for more earnings. sl55amg
+11 Know several people there - they all love the culture. Great comradery among junior bankers, and senior bankers go out of their way to be friendly and build relationships with the juniors. Prospect in IB - Gen
+11 "anonymouswallst" what was your outcome? I am at 1.5 weeks since my superday. Isaiah_53_5 💎🙌💎🙌💎
+11 A wrong side of change business in a shrinking end market with essentially no moat blames their misfortune on supposedly temporary external factors. Research Analyst in S&T - Equities
+11 Diversity I guess (Asian beckies). betrofospo
+11 Not to mention - coming straight out of the mouth of lower middle bucket analyst who self admitted getting paid 60% of base as bonus and not plugged in enough to understand how things work, thinks the associates are worthl Associate 3 in IB - Cov
+11 I was a competitive powerlifter in high school / university, and lost all of my size and strength during IB (currently 4 years out of school; been in IB since graduating). StreetofBulls
+11 So what, did you expect them to hire kids with an Average GPA at an Average School who got an Average Internship? Analyst 2 in IB - Gen
+11 This hits very close to home because I did Jefferies Houston as an associate for 2 years. If the hours and expectations for Dallas office are any where close to this then this isn’t too surprising.    VP in IB - Gen
+11 found OP's second account Letters from a ROIC
+11 Think Evercore Palestine/Moelis Afghanistan/MS Nigeria bananaoohoohahh
+11 I’d start with S&P’s Leveraged Loans Primer. It covers everything from covenants and legal terms to the typical uses of debt, and it’s a great way to get familiar with how leveraged loans work. Analyst 1 in AM - FI
+11 Based on my experience of several years at a pod Why do you regret going into a pod shop - e.g. comp, WLB, repetitiveness of the job, constant stress, lack of transferable skills / exit opps, etc.? VP in AM - Equities
+11 Happens but is a sign of a bad culture and/or a dysfunctional group. Executive Director in IB - Gen
+11 Brown Brothers is traditionally a Private Bank. It comes from old money so naturally, the partners who have inherited their places from those who came before them can easily be described as risk averse. Billion with a B
+11 As a fellow Eastern European, the way to do this right now is to start a campaign on deporting Muslims. You will instantly gain mass support from your fellow countrymen, giving you a voice in politics. Investment Analyst in VC
+11 Some thoughts: Analyst 1 in IB-M&A
+11 Was expecting some juicy deal-related drama and this looks like some weird college bullshit lol. VP in PE - LBOs
+11 Wtf is Siebert Cisneros Shank?? Sounds like a mediocre steakhouse runNYC11
+11 DAW assumes a fund hits a 2x MOIC. So for a $6B fund (example above), there's a 20% carry pool after capital is returned. SaaSChimp
+11 The guy lost his job and had to sit on the sidelines for a while. He had lots of public shame. He paid his price. Anyone arguing against him working is ridiculous. Managing Director in AM - FI
+11 The fact that investment banking and Chinese factories are some of the only jobs where people can die from overwork reveals there is something clearly wrong with the investment banking business model. johnny-mnemonic
+11 being employed Associate 1 in PE - LBOs
+11 Alright ChatGPT Dow70K
+11 Please go back on your meds Frodo_Walks
+11 Congrats on GoldenTree Incoming Analyst in PE - Growth
+11 Found the guy whose entire personality is his job. Bruvver
+11 I chose multifamily for a few reasons: CAGRator
+11 To go back to your question about how roll-ups are financed, I wanted to give you a couple of real life examples of what I personally worked on: Tamara_S
+11 There will be more mediocre overrated barclays drones to replace them, that I can guarantee. Associate 3 in IB - Gen
+11 This thread is so misinformed. GS cross markets is similar to the classic groups. In no way is RBC even close in this conversation..... werewrw
+11 Echoing above, delete this ASAP if you want to continue to pursue a career in this hell industry Point72 is that you VP in PE - LBOs
+11 I think a full case study after only an hour's video interview is BS and shows these guys don't have a lot of respect for people's time. MMPM
+11 That seems reasonable. If that’s where your head is at, I’d encourage you to be open minded about PE. You might actually like it, but probably not if day 1 you are already planning to leave for the next thing. foxridge123