Comments on: Investment Banking Groups: The Legend Of UBS LA http://www.mergersandinquisitions.com/2008/01/28/investment-banking-groups-ubs-la/ Career advice for ambitious college students and recent graduates: how to get a job in finance and how to maintain your sanity. Thu, 28 Aug 2008 10:23:29 +0000 http://wordpress.org/?v=2.5.1 By: Inquisitor http://www.mergersandinquisitions.com/2008/01/28/investment-banking-groups-ubs-la/#comment-494 Inquisitor Fri, 11 Apr 2008 17:17:56 +0000 http://www.mergersandinquisitions.com/2008/01/28/investment-banking-groups-ubs-la/#comment-494 Hi there, Yes, KKR is up there in terms of PE rankings. But you also work 100 hours a week (AGAIN) and are basically an Excel jockey (again). And as Prince said above, the advancement opportunities are not too great there... they'll generally work you as much as possible and then make you go to business school (at the minimum) to advance further. In general I believe mid-market PE shops, hedge funds and such are better for most people unless you really have no issues with spending your whole life working until the age of 30-35. Hi there,

Yes, KKR is up there in terms of PE rankings. But you also work 100 hours a week (AGAIN) and are basically an Excel jockey (again). And as Prince said above, the advancement opportunities are not too great there… they’ll generally work you as much as possible and then make you go to business school (at the minimum) to advance further.

In general I believe mid-market PE shops, hedge funds and such are better for most people unless you really have no issues with spending your whole life working until the age of 30-35.

]]> By: ikemen http://www.mergersandinquisitions.com/2008/01/28/investment-banking-groups-ubs-la/#comment-493 ikemen Fri, 11 Apr 2008 16:34:14 +0000 http://www.mergersandinquisitions.com/2008/01/28/investment-banking-groups-ubs-la/#comment-493 hi Inquisitor, can you tell me why you're emphatic ("what a waste of time/life") in saying that getting a KKR gig now is bad? i dont quite understand, i thought it's way up there in the PE shop rankings? thanks! hi Inquisitor,

can you tell me why you’re emphatic (”what a waste of time/life”) in saying that getting a KKR gig now is bad?

i dont quite understand, i thought it’s way up there in the PE shop rankings?

thanks!

]]> By: Inquisitor http://www.mergersandinquisitions.com/2008/01/28/investment-banking-groups-ubs-la/#comment-99 Inquisitor Tue, 29 Jan 2008 07:56:20 +0000 http://www.mergersandinquisitions.com/2008/01/28/investment-banking-groups-ubs-la/#comment-99 Yeah it boggles my mind why people would actually want to go to KKR, what a waste of time/life. Heard they were really behind on recruiting a year or two ago so they're starting earlier... though I'm sure Analysts will realize how much it sucks and still turn them down. Yeah it boggles my mind why people would actually want to go to KKR, what a waste of time/life. Heard they were really behind on recruiting a year or two ago so they’re starting earlier… though I’m sure Analysts will realize how much it sucks and still turn them down.

]]> By: Inquisitor http://www.mergersandinquisitions.com/2008/01/28/investment-banking-groups-ubs-la/#comment-98 Inquisitor Tue, 29 Jan 2008 07:55:06 +0000 http://www.mergersandinquisitions.com/2008/01/28/investment-banking-groups-ubs-la/#comment-98 I have no idea what Moelis' new firm is like actually... one friend had a chance to work there and turned it down because he said it would be "painful." it's definitely like buying a lottery ticket, though you can minimize risk if you can get into a firm like GS where they emphasize teamwork over stars. I have no idea what Moelis’ new firm is like actually… one friend had a chance to work there and turned it down because he said it would be “painful.” it’s definitely like buying a lottery ticket, though you can minimize risk if you can get into a firm like GS where they emphasize teamwork over stars.

]]> By: The Prince http://www.mergersandinquisitions.com/2008/01/28/investment-banking-groups-ubs-la/#comment-97 The Prince Tue, 29 Jan 2008 06:27:12 +0000 http://www.mergersandinquisitions.com/2008/01/28/investment-banking-groups-ubs-la/#comment-97 Moelis leaving was huge. Still a great office with a good reputation. Of the three people I know who did analyst stints there 2 ended up at KKR in Menlo and 1 ended up a Apollo in LA. Yet, we all know that going to KKR after an analyst job is a bad move, i.e. terrible work environment and advancement opps. Lots of analysts at MS and GS turned them down this last year. KKR was one of the last big name PE shops to fill their associate class. Moelis leaving was huge. Still a great office with a good reputation. Of the three people I know who did analyst stints there 2 ended up at KKR in Menlo and 1 ended up a Apollo in LA. Yet, we all know that going to KKR after an analyst job is a bad move, i.e. terrible work environment and advancement opps. Lots of analysts at MS and GS turned them down this last year. KKR was one of the last big name PE shops to fill their associate class.

]]> By: Justin http://www.mergersandinquisitions.com/2008/01/28/investment-banking-groups-ubs-la/#comment-96 Justin Mon, 28 Jan 2008 22:34:49 +0000 http://www.mergersandinquisitions.com/2008/01/28/investment-banking-groups-ubs-la/#comment-96 Has Ken Moelis carried this rigorous environment over to his new firm? Applying to banking is like buying a lottery ticket... -Justin Has Ken Moelis carried this rigorous environment over to his new firm?

Applying to banking is like buying a lottery ticket…

-Justin

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