Highest Ranked Comments

+11 Completely understandable - combination of what you described + being reachable 24/7. MDs know you have nothing else going on, so why not leverage that? VP in IB-M&A
+11 Disclosure: Long post napoleon dynamite91
+11 Exactly. This happens every year. Different banks are on different timelines so you have to make decisions. The process isn't fair. Life isn't fair. Analyst 1 in IB - Cov
+11 Rural southern state (~sub-10k in town) -> HYP -> have SA for 2021 Prospect in IB - Gen
+11 This is a reality check that we aren't god - and even if you don't believe in god, we aren't the masters of the universe we think we are most of the time. Top of the food chain - sure. Addinator
+11 FIG in and of itself is not a death sentence, but the factors that led to you not getting any of your top choices definitely are. reformed
+11 It is a solid footing for a future in trading if that is something you are interested in. ChuckieSullivan
+11 lol @ a prospect in IB commenting above and an intern commenting "well said". So much misinformation it's scary. VP in IB-M&A
+11 It is definitely possible and all of the things you need to learn can be learned on the job. I would caution with the following though: CRE
+11 Not going back until 2021 UFOinsider
+11 I can weigh in here. I work for a very large family office that operates on the scale of an institution. I explicitly call that out because how a family office works and feels will depend greatly on the size. picklemonkey
+11 It's such bullshit how there's a particular brand of "Republican" (scare quotes because I want to still believe you guys are not republicans, just proles that have hijacked the party) whose whole political outlook boils do Associate 1 in IB - Gen
+11 I would recommend Montrose, Upper Kirby, or the Heights. Downtown if you want to walk to work but much more expensive and there's always construction, people, and noise. O G1722
+11 This is pretty spot on. The one caveat I would add is that once you get onto a partner track, the attractiveness of the opportunity is very nuanced and case by case. Marcus_Halberstram
+11 Yeah.. its got very bad. I live in West Village. In a 36 hour time frame last month I saw the following: WillytheGent
+11 1) make sure you don’t regret leaving banking this early. Pan European Monkey
+11 Hartree. energyquant
+11 Listen I'm not one to bash or talk down - especially given Covid and how it's not an easy time for any firm. But I think the way DB has handled everything is just such a bad PR stunt. Intern in IB-M&A
+11 hey guys, this was a MAJOR change ...  it was 9 months in the making and I know it introduced a lot of bugs, but that was expected which is why I pleaded for patience WallStreetOasis.com
+11 You’ve lost your damn mind, bud. dutchduke
+11 No one likes formatting PowerPoint slides. It’s one of those things that has to be done  and it sounds like you’re at the bottom of the totem pole. reformed
+11 Your life isn't finished after the first investment banking job you get post-college. Try on-cycle PE recruiting and you'll get a sense of how much HH prefer Harvard/Yale/Princeton/Stanford/Wharton Analyst 1 in IB-M&A
+11 I hope you don't approach people in corporate finance with the same mindset and tone you used to write this post. It shows a complete lack of maturity and emotional intelligence. WSO_Cubes
+11 If you want to get rid of hurdles to employment, education, wealth and social programs then a good place to start would be looking inward. Associate 2 in IB - Cov
+11 I feel so angry at this because there really IS systematic racism in the US, and bullshit like this makes a mockery of it. earthwalker7
+11 Honestly, they're the type of company to tell you positive shit the entire time you're there so you can keep grinding it out and doing the work for them, and even during your reviews they tell you like to keep up the good Intern in IB - Gen
+11 Whether it be call or interview I tried hard to come off as calm, collected, well-prepared and as a result prone not to make mistakes aka what anyone would want in an analyst. fragestellung
+11 This is exciting, but I would caution you to really think about this - again you could let that money sit a little 150-200 at 22 is pretty good. Dick Steele
+11 Just get on their mailing list. The full process will probably be somewhat similar in structure and timing (just guessing). Also, firms always send out reminders for when apps are open. Prospect in IB - Gen
+11 Because his entire self-image is built on him being a successful businessman.  His entire pitch in 2016 was that he was a billionaire who knew how to run a large organization and would make the federal government more Ozymandia
+11 I was shooting heroin and reading “The Fountainhead” in the front seat of my privately owned police cruiser when a call came in. I put a quarter in the radio to activate it. It was the chief. Prospect in IB-M&A
+11 Hey, Intern in IB - Gen
+11 I've done it - not with 50 years experience either (am in my early thirties). I took my balls and went for it for one whole year. It failed. I am back in employment. Disjoint
+11 Just pretend we're not even saying this person is Democrat or Republican, it's just a politician in any country. PrivateTechquity 🚀🚀🚀
+11 yeah pretty much all of those are great. Your opinions are shit, and you should feel bad. Go rewatch Captain Marvel or something  Associate 1 in IB - Gen
+11 The honest truth is I'm super fortunate and don't really spend any money. I'm also frugal and like to only buy things in cash. Intern in IB - Gen
+11 This is answering a different question than what I think you intended, but I think people's personal liquidity strategies are interesting, so I'll take a slightly different direction. Layne Staley
+11 Fudge, I wrote a giant thing but the website crashed on me. shenanangians
+11 I think a year from now is easier to predict than a month from now. I remember when I broke my leg that it was the most excruciating pain of my life. Once the pain was gone I pretty much forgot about it. I quit this site because of censorship
+11 Man, what a great question. TheDebtStar
+11 I'll tell you flat out that the best years of your life are not your 20s, anyone who thinks that is probably still in their 20s or became complacent in their 30s and didn't do much thereafter. Associate 2 in IB-M&A
+11 I’m not sure why this comparison is always being made. In banking you work a bit more than consulting and don’t get to travel as much (not relevant due to covid), but you get paid more. Liam Gallagher
+11 My last internship was my first real “stay in 1 place and work” job and I think I went to the bathroom like 6-7 times a day during work, 4-5 times to take a shit. Intern in IB - Gen
+11 liquidiot Worked in South Korea and New Zealand just fine...they're living life as free as ever. PrivateTechquity 🚀🚀🚀
+11 FYI all of the things you listed are things that happen across the street, other firms have just been better at keeping them hidden/not letting scandals get out. Analyst 1 in IB - Gen
+11 I'd go the opposite direction, ramp it up, make them miss the shit out of you. In all seriousness, you want to leave on a high note, you have no idea where people will land. redever
+11 You have no clue what you are talking about. The Pfizer phase 3 vaccine trial had *43,000* participants, not 170.    PeterMBA2018
+11 This answer is probably going to be unpopular on this site, especially for those people thinking in terms of where to be coming straight out of college, but it's not even close to me. NuclearPenguins
+11 For reference, I was a 2020 SA and now FT a relatively small M&A shop not in NYC: ~15 - 20 FTE's (5 senior bankers, 2 associates, 2 analysts, 3-4 SA's during the summer, rest support). Analyst 1 in IB-M&A
+11 For most people, it will not be as simple as "do you want to take the vaccine?". Likely all prominent colleges and employers will require it in 2021, so not sure it's even worth discussing. rezjopls
+11 Iffy definitions are common in pharmaceutical products. The Pharma Guy
+11 The American investment banks will continue to gain domestic market share, but banks like Barclays and CS will not wind down operations anytime soon, if ever. Analyst 2 in IB - Gen
+11 Gumball3000 because HR jobs are not seen as "real jobs" compared to FO positions. Whatever1984
+11 Gumball3000 - adjust existing programs based on internal/external feedback Pescepescetarian
+11 a rallyally
+11 Acknowledging that you have a problem is a good step forward. Intern in IB - Cov
+11 So, and I really think this is obvious, but context and timing matters a lot on what you should/shouldn't say. redever
+11 I actually am very satisfied with my current job and have no intention to leave. I am on a healthcare investment banking team and am pretty happy. Nightman Cometh
+11 Dear god the comparison between deaths from a mass murder event and deaths from disease need to stop. I have no idea why people think this is remotely comparable.    PeterMBA2018
+11 If Trump didn't have literally the entire establishment (all dems, 3/4 of GOP, Big Pharma, All media outlets, Big Tech, Hollywood, and foreign leaders) against him, he would probably be the most popular president in histor Intern in IB-M&A
+11 It's already being used, just not in the way non-practitioners think it is. Investment Analyst in HF - EquityHedge
+11 Prospect in IB-M&A Couldn't our esteemed President-elect denounce the violence in our cities and urge the BLM founders to do the same?  Alt-Ctr-Left
+11 Sure, great question! So let’s go through that.  pudding
+11 I've always thought that the hierarchical structure of IB / PE, makes it really difficult for MDs (or people with power) to know who is good at their job and adds value and who doesn't and also who is well respected and li Associate 1 in PE - LBOs
+11 We lost 6 people this week. 2 Associates and 4 analsysts (2 lateralled). What the fuck is going on. I can't even think. I don't know what to do. Analyst 1 in IB - Cov
+11 In addition to the many good points made earlier (lack of socialization, crazy hours, zero fun) imo a large amount of the stress stems from the discrepancy between instruction and expectation. Analyst 1 in IB-M&A
+11 This year has been "off" for a number of reasons (COVID, WFH, increased deal volume in Q2-Q4) but generally, I'd say that sprints have been 14-16 hour days (slightly better than the 9 am - 2 am sprints from I Associate 1 in PE - LBOs
+11 Monkey shit me all you want. But I’ve negotiated 3-4 contracts as the employee and more as the hirer. And I can unequivocally say that the people without representation get fleeced. HFPM
+11 Don’t recruit during your internship. No jobs for Starwood etc will be out anyway. Generally, real estate hires March / April / may. Though some larger firms will do it in the fall. Focus on the role at the Life Co. pudding
+11 First off why do you want to be an Investment Banker? Is it for the money? The prestige? Bigstonks
+11 I’ve likely been commenting in both places longer than most people have been around here and the takes here are worse than the takes on wsb. bfin
+11 one of my parent's NYC analyst class at BB after 25-35 years... I think in total there were like 15 -2 still at CS.. think just MDs Intern in IB-M&A
+11 Hey,  liked your take, but there's something you don't understand. Prospect in Consulting
+11 Thanks for being willing to take feedback. Here are some comments I have: -The search function is practically useless. TREBITDA
+11 I am an LP. I can tell you that from the top down (ie. on orders from our IC/Bosses) that we are looking at teams and how diverse they are. Jamoldo
+11 You need to invest more in preparing yourself for this industry if you want better odds of succeeding in your goal of finding your way in. APAE
+11 said it before, will say it again - whatever you write could get circulated so edit/self censor/choose your words accordingly. thebrofessor
+11 Engagement usually starts with some market research, opportunity identification and sourcing. Once potential target is identified, initial risk assessment. Infra M+A
+11 One time a few years ago there was an executive of a rival company (I believe she was serving on the board of Standard Oil). Monty Burns
+11 Been on the desk for 3 months now and have already started applying and interviewing for non-IB jobs. I’m looking to leave the industry entirely and have no interest whatsoever in lateraling. Analyst 1 in IB-M&A
+11 What makes Apollo uniquely bad?: duedillydally
+11 Gugg is an amazing bank and to hesitate to sign because of what some nerds in the class of 2020 posted two years ago would be very ill-informed. browniverson
+11 I think this would be a fascinating discussion. I've always been interested to hear how people describe their jobs and careers. Layne Staley
+11 If @thebrofessor writes it, I'll read it, long or short, as he always brings a candid take on virtually any/all topics. I don't hate my job. InfoDominatrix
+11 Long post. As an Army guy, I always see outsized civilian response / criticism to these types of headlines. Do not worry when you see stuff like this. 11A-Analyst
+11 So essentially the breakdown is as follows: NA in Consulting
+11 Low net / genuine market neutral funds with tight risk limits are not trying to outperform the S&P. They're trying to outperform the risk-free rate - i.e. Monkey_47
+11 34, married and a couple kids. Capitol86
+11 Honestly? Yeah its fcking sick. Yeah I went Harvard, my dad donated a building. IB is in my bloodline and if it's not in yours you might as well give up now. Credit Swish
+11 You should be rejected for asking this question Intern in IB - Gen
+11 Just saw this thread going off with replies and figured I'd say something Psil
+11 No, this is not "the market", "the evolution of football", or whatever the fuck plastic fans want to call it so they can sleep better at night. Bruvver
+11 Much more junior than most of you taking part in this thread but I'll still give it a go - will also not post with my actual name as this is a bit sensitive and the deal could be recognised... Analyst 1 in IB - Gen
+11 Bump as I’m interested in other folks’ process. Lead Left
+11 I used to take the approach you're taking, trying to teach everyone personal finance principles and assuming that they'll listen to you because of your experience. thebrofessor
+11 I think you hit the nail on the head here. Analyst 2 in IB - Cov
+11 Yea you know, I want to get off the hamster wheel because I'm miserable, but I keep telling myself just one more go round Retired in VC
+11 I honestly don't understand why WSO doesn't have a "Financial Modeling" board or something similar. Portnoy's Complaint
+11 Long time lurker, first time poster (I guess, commenter...). Leaving IB after 5+ years in the industry, 1 year away from VP promote. Nostradamus1047
+11 I would add that pretty much all finance jobs in “high finance” - call it IB, PE, HF have historically faced almost zero competition for junior talent from other industries. Associate 1 in PE - Other