“I work for a boutique investment bank,” responded Todd cockily, smirking and now pulling up his pants over his temporarily retreated beer-gut, illustrating that this was one of those hardcore New York male-anorexia and exercise weeks. He would be spilling out of pants next week no problem after this weekend’s depression-gorge.
Todd paused and collected himself. […]

Boutiques, Bulge Brackets, Doing The Work, Investment Banking Lifestyle | 6 Comments »

People obsessed with “ranking” the bulge brackets will usually say Goldman Sachs TMT or Morgan Stanley M&A are the “best groups.” But UBS LA has traditionally been #3. Why is it so good? Why do Analysts there work 18 hours a day, 7 days a week? Why are mistakes punished with execution?

Doing The Work, Investment Banking Lifestyle, Private Equity, Recruiting | 6 Comments »

After the first round of interviews, the interviewers decide among themselves who they want to invite back for final round interviews. We don’t “rank” people but generally have in mind the best few people we saw that day.

Getting A Job, Interview Tips, Recruiting | 4 Comments »