Highest Ranked Comments In The Last Week

+4 Hey man - I'm coming up to a pretty similar position actually. On my 3rd year in PE, did 3 years at MBB beforehand. My tenure basically ends this summer as I was told in the fall that promotion is "unlikely" for me. Associate 3 in PE - LBOs
+4 I think all of those factors will vary depending on the place but I tried to make some broad generalizations listed below. sublime22
+4 Do you have snap? Associate 1 in PE - LBOs
+4 I went from M&A, where I focused mainly on private sellsides for Sponsors.  Lockwood
+4 It's sad, had the same at an established firm, with a bad reputation. Analyst 2 in RE - Comm
+4 Inventory is rising rapidly in these 3 areas. Granted, specific pockets may do fine, but overall the readings in these markets aren't trending in a great direction. Associate 3 in RE - Other
+4 We've received reports from some of the national appraisal shops indicating in this case that the PGI = the EGI = the NOI. So, they apply the cap rate directly to that. DisgruntledAppraiser
+4 Not a VP, but who knows. I would stay where you're making good money and long term can invest in the companies deal vs go out to the sales side making $0 and needing everything to go right to make money. Analyst 2 in RE - Comm
+4 Stop posting. Analyst 1 in IB - Cov
+4 Congrats on Truist Associate 2 in IB - CB
+4 When I was in the MSC REEF programme several years ago, there were a few people that were in the program who had 3-5 years of experience. CRESEA
+4 If you do the banking job, you are shutting the door to the startup (at least for getting in this early). If you do the startup, there is still another on ramp to banking through an MBA or similar. shooter55
+4 In S&T regional offices are generally only sales and mostly sales covering clients in that region, can sometimes be smaller clients but if you are in Chicago there are plenty of big clients in the region to keep a sale Director in S&T - FI
+4 As someone with ADHD, and who has made it to associate, I couldn't let the comment slip and totaly sympathise with how the meds make you feel. Do not go back on them if you don't like the way they make you feel. Associate 2 in IB - Cov
+4 I was coming here to reiterate that it'll be more diversified across the country by region and shake out all the people who can't miss it. capexprss
+4 How much MONEY have you spent on FOOD in your entire lifetime? How much MONEY have you spent getting HAIRCUTS in your entire lifetime? How much money have you spent on EVENT TICKETS in your entire lifetime? Bigmonkey1234567
+4 title: PJT RSSG Analyst height: 6'1 unleveraged height: 5'9 Intern in IB-M&A
+4 I am a STL native and want to clear up some of the "crime ridden" commentary here. St. Louis has a weird setup where the city and county areas are separate municipalities but each called "St. Analyst 3+ in HF - RelVal
+4 Love this! Some reactions: Works at UBS AG
+4 Sounds like HL to me! Intern in IB - Cov
+4 Sorry I can't be more help but I'm facing a similar issue. The CIO of my former fund referred to me as a "gaywad invalid" during email communications with GLG. NA in IB - Gen
+3 How would feel if your girlfriend came home @1am every night and didn’t have energy to blow you. Research Analyst in ER
+3 I wouldn’t say it’s impossible if he’s down there networking. I have friends who made this happen without Banking experience. Analyst 1 in IB - ECM
+3 It is even more complicated by the fact that it involves brain chemistry and electrical/synapse issues, and not as straightforward as take a pill and ( ✓ ) all better. Even with medication, it isn't that simple. Mercurius
+3 A lot is going to be company specific. Seat openings can play a big part. If you are a RT traders and there's several term traders, you do well, that doesn't necessarily mean that's your next step. WinnerWinner
+3 Also would like to add that returns in biotech investing (not pharma) skew alpha (vs. beta) due to the binary outcomes of these companies. terabyte
+3 I get it's easy, but I don't think you're getting it - they don't care about the data room and barely read your email because the deal is not worth it. Analyst 2 in RE - Comm
+3 So u believe discretionary l/s managers are inferior to quants is because quants are objective discretionary investing have too much subjectivity with variables such as “I like this management team” and ur evidence and rea Intern in PE - LBOs
+3 Rice had like 30-40 kids recruit this year and had 30 placements out of that group, across Houston, SF and NYC - although most are Houston of course. Prospect in IB-M&A
+3 There are pros and cons to this.  The pros are pretty limited:  1. You will get access to a better alumni network Intern in IB-M&A
+3 Local IB boutiques, just send out cold emails clinicallydepressed
+3 Does full throttle mean continuing to grind while knocking out CFA, or does it mean focusing fully on work and grinding hard there. Rags to Hermes
+3 I'll try saying this in the kindest way possible... kid, you need a reality check. Analyst 1 in IB - Gen
+3 Disregard my title, I'm S&T. When I was deciding where to work I went to a range of talks from IB and also S&T. Prospect in IB-M&A
+3 Personally a third year transfer from complete non-target to ~target and received an EB SA offer. Prospect in IB - Gen
+3 5 days in office - office reit analyst lol  asked in the interview "do we have any wfh days" "we're an office reit" bananafarm
+3 Do you not see a correlation between banking hours/culture and the increased risk of cardiac arrest? Doesn't take a genius to figure that one out. Intern in IB - Gen
+3 Modeling bootcamps - not really. They offer ACRE at a discount, but it expires in a year and a half. Analyst 2 in RE - Comm
+3 That’s the wrong attitude. There’s always going to be shit to do and people who want to talk. It goes back to the idea of bankers being insecure and pushovers. Associate 1 in IB - Cov
+3 Sure, all good questions/points. Not in a scenario where the company I was with has a real negative reputation, like some syndicators out there. So that's good. Multifamily10
+3 Princeton grad here, I genuinely think so highly of my school. Though I joke that it was more of a "character building exercise" than anything. The STEM tracks in particular are pretty brutal. PricingMonkey
+3 joshw12 I generally agree with what you're saying, but how many MDs make $25mm+ in PnL individually each year? I'd wager not as many as most think on a hard dollars basis. Director in IB - Gen
+3 Great! No one has ever challenged the fact that he is a great IB; he's a big rain maker at GS with a massive net worth. Guestimatz24
+3 You’re on something. Neither Brown nor Cornell has a particularly big finance focus. Brown students are more focused on consulting and medicine. Associate 2 in PE - Other
+3 1a - Family 1: my grandpa is in his late 90's and was recently diagnosed with a health issue. he lives on the other side of the world. shermanmccoy14
+3 Tried Googling anything? Instinctive reaction is to say very few firms have offices there. Consultant in Consulting
+3 That's fair, thanks for the background. Would you lower your title to senior associate for some roles that are associate level? Analyst 2 in RE - Comm
+3 It’s true that there’s probably a greater chance of a big tail outcome, however, as someone in MM PE, I’d note that markets aren’t much less efficient (feels like 95% of everything we look at is banked) and the lifestyle/t Associate 3 in PE - LBOs
+3 If they catch you lying on your resume, they cut off your hand so be careful. Smoke Frog
+3 Ultratarget for the NFL nthp6677
+3 Can speak about UCLA a bit since I went there. UCLA as a school doesn't really offer anything that will help you out with recruiting, but there are finance clubs on campus that can help you get a leg up on recruiting. Associate 1 in IB - Cov
+3 are you working 80-100 hour weeks consistently? if yes, learn to ask for extended deadlines/help, check your own work even after sending etc. if not, you are proof of the analyst quality declining over the years. tellmehowtoplay
+3 so... as an ex-banker turned founder who has raised from VCs... I have some thoughts. PricingMonkey
+3 1. In terms of prestige Wellington, Fidelity, T-Rowe and Capital Group seem to be the most prestigious names. I think it's important to consider the specific role and coverage. Research Analyst in AM - Equities
+3 I work with an incredible senior banker and he definitely makes it known when he is unavailable for something for his kids.  Now he always goes the extra mile and doesn't say no often, but he also has boundaries.  95% of t Associate 1 in IB - Gen
+3 I'm not that qualified to speak here, but will try help. I'm from the UK and had to borrow £60k+ for my uni (zero family assets). whomst_gym_bro
+3 Cannot speak to WP, never heard about their Special Sits group.  In terms of comparability, AHV >= Bain SS >>> Bx TacOpps Investment Analyst in HF - Event
+3 I’d tend to agree the offer is a little low on a TC basis. I think salary for a start up dev is probably about right but maybe negotiate a bump up after first dev project starts paying fees? patrick_bateman_
+3 A pretty low dealflow group like most of RBC London. There’s only one coverage group at RBC London which generates any meaningful fees, power/utilires/renewables and it’s mainly one rockstar MD driving the dealflow. VP in IB - Gen
+3 I mean if you can get in and want to be in the industry it seems like a no brainer... most people have to work sweatshop hours somewhere along the way in this line of work, whether it's IB, PE or both. Associate 3 in IB-M&A
+3 Haha, isn't this release the one all the tik tok realtors are freaking out about because it accounts better for peak appreciation in value, with a cool-down period and the increase in insurance, especially with the governm capexprss
+3 How can you make the argument that diversity isn't the cause of recruiting troubles? For many people, it absolutely is. GregMadeMeDoIt
+3 Was definitely a hard decision to make and there genuinely was no wrong one. PWMonkey1152
+3 Consultant speak - it just means having multiple people "sponsoring" your "campaign" for promotion. You need multiple types of people promoting you - VP's, Op Partners, Directors, MDs. Associate 3 in PE - LBOs
+3 It’s tragic but it happens - I lost two good friends in their 20s from heart attacks. Neither worked in the finance industry. Both were later found to have generic heart problems.    Managing Director in IB-M&A
+3 I’m not in secondaries, so take my opinions with a grain of salt.  Associate 3 in PE - LBOs
+3 Likely a mix of both. Tesla still has the start-up mentality to some degree where any growth (even at the expense of profits) is good, but they are at a scale where they do face some pressure to get their stuff together. Consultant in Consulting
+3 Could get like an investment banking for dummies book and read it. Will help you not be as lost as the others when you first start. Frybird101
+3 IBW is out given transferring as a soph + taking the extra year to get in. Second year is total credits, not since you start - also, you will miss recruiting by the time you get in (recruiting is sophomore winter/spring). Associate 3 in IB-M&A
+3 Here is my advice. If you are not getting close to the other interns, you're in the wrong industry. This is a connections-based industry, that's what you're valued and paid for at the senior levels. Analyst 1 in IB-M&A
+3 I would agree with your team. Secyh62
+3 If p72/CAP: Practise modelling different types of revenues and cost structures (try to use EBIT/gross < Intern in HF - EquityHedge
+3 It's good that you recognize that how you've acted in the past is incongruous with the outcomes you want in life. Taking ownership is the important and inescapable first step. APAE
+3 1 in 50 is lower than expected. With the right strategy and reaching out to the right people, you can easily move this to 1 in 5 to 1 in 10. Keep the message short and direct. Target people within your network. IB.Director
+3 It's very fund-dependent if they require it or not, and they are usually straightforward about whatever their stance is - i.e. disclose it while recruiting associates, as you are experiencing Associate 3 in IB-M&A
+3 OP here. Long overdue update but I did leave and ended up at a large boutique LO in a post-MBA analyst position getting paid a market base+bonus. Research Analyst in AM - Equities
+3 Covid fucked it all. We were supposed to have 15~ juniors and a solid office. Managing Director in IB-M&A
+3 I’ve consistently heard great things about Credit Suisse. Terrific WLB. Analyst 1 in IB - Gen
+3 Do kids in college not have coursework any more? Wtf? Do you not have 10 hours of schoolwork every day? Associate 2 in PE - LBOs
+3 Few comments: SaaSChimp
+3 Hey man, Analyst 3+ in IB - Cov
+3 It depends on whether you actually invest or pay off debt with the money you save on renting vs. owning in the HCOL cities many people on this forum are in. capexprss
+3 I usually stick to a one line gap on my resume, more than that screws up the formatting. Incoming Analyst in IB - Gen
+3 There’s really no shame in being in that S tier lol. This exercise is usually pointless because you can have a wildly successful career in finance from basically all of the schools that were listed. Associate 2 in PE - Other
+3 First of all, big congrats.  Seems like any of these options will be a huge step up from the university you're leaving.  You should be proud of that and the hard work it took.  I echo some of the other comments above.  Pen anonymousBNK
+3 As context, I transferred colleges (top 30ish to Ivy), entered my new school second semester of soph year, and landed JPM SA the same semester. penibcat
+3 Very few M&A bankers make MD/Partner so young. pr4mence
+3 Yes. I did my 2 years in banking in a sweaty RX group and still found time to play. Sounds like you’ll have even better hours too. Assist. VP in PE - LBOs
+3 I find the belief that culture is the primary problem... interesting. PricingMonkey
+3 5 day case means a detailed model - project each type of revenue, show some understanding on costs so I would project that individually as well. Anonymous Monke5y
+3 I would detail justification of your cap rate due to tenant financials/strength/rating, lease term(longer=better), market rents (below could be better for lower cap easy replacement/more upside, above market not so good, a idrkwita
+3 cavour.co/en/product/7439/ebitda-cashmere-vest What about the cashmere EBITDA vest? Asking for a friend Analyst 2 in IB - Restr
+3 RBC mining is the most dog shit team I’ve ever come across. The 2 VPs are the biggest dorks on Bay Street and the platform is just pitching and wearing ties. Intern in IB-M&A
+3 Know them well. Principal in HF - Event
+3 My 2 cents having seen both sides: Analyst 2 in HF - Macro
+3 Make Them Suffer has good WLB?  Associate 1 in PE - LBOs
+3 Opex % can vary between 2 major management strategies: KingIT
+3 SoHo you say!!!!! capexprss
+3 100% live at home. 40 mins a day is ntg especially since we have the tube so that commute is 100% stress-free, I pop a podcast and read a book, and that time is productive. I commute about an hour a day myself. trying_my_best
+3 jarstar1 patrick_bateman_