Where is your shirt from?

@PeakFrameworks

2 жыл бұрын

It's a Uniqlo oversized t-shirt, can't recommend them enough. I own like 10 and have tried a bunch of different premium t-shirts. This doesn't get mangled in the wash and is like $20 or something

I think a PE video similar to the one you did for new IB analysts would be helpful

Base salaries are at 110k for analyst 1 at every bulge bracket other than Deutsche (unless they raised as well). And An2/An3 have seen some equitable increases as well from these numbers.

Great video! Just curious…. How different are the work hours for investment banking analysts in bulge brackets banks vs Elite boutique banks. Thanks!

Hey! Thanks for the amazing video. How does Georgetown McDonough place into IBD NYC, for EBs and BBs especially?

Hey, great video. Can u make a video on corporate banking, also known as IB lite.

Good watch

I’m starting school at the end of this month at 25. It’s probably going to be 5 years before I can get my finance degree because I have to work. Will I be at a disadvantage at 30 with a finance degree compared to somebody who is 22 and fresh out of college?

Hey Matt, love the content! I’m curious, have you seen people break in from small boutique/ MM firms during SA to top banks for FT? I’m recruiting rn from a target. I started late but I really want to go to a top firm after school.

@PeakFrameworks

2 жыл бұрын

Yup, all the time. Really depends on the year though for how good the FT market is. But even if you don't get it right at FT, you can probably lateral after 6 months or so of work.

Hey Matt, I've been reading the blog along with your videos lately. I was wondering why don't you promote the blog on your channel as there's lots of helpful in-depth information on it.

@PeakFrameworks

2 жыл бұрын

Ayy that's a good idea, too busy promoting my courses

Hey Matt, great videos. When you say PE has better exit ops.. what exactly do you mean? Be good know these

@PeakFrameworks

2 жыл бұрын

I think if you want to stay on the buyside, the quality of looks and roles you'll get is higher in PE. IB has better overall breadth, but there a lot of roles that specifically want someone with investing experience. As an example, lots of activist hedge funds or L/S hedge funds will want someone with PE experience. Not always true, but that's my perception of things.

What’s your opinion on cascade capital? It’s a Seattle based IB.

Hey! Love your videos and hello from Western U! I have a question about pension funds in Canada, is it possible to transition from a PE arm of a pension fund like (OTPP, CDPQ) and get into a US PE firm (KKR, BlackStone, Carlyle)? Keep up the good work!

@PeakFrameworks

2 жыл бұрын

Yes, but not super common and probably more CPP and some OTPP. Never seen it done from CDPQ. It's probably like 1 person every few years who can make a jump to a tier 1 US PE firm.

Hey Matt! Can you share the link to the website where you showed the ranking of investment banks per prestige?

@PeakFrameworks

2 жыл бұрын

firsthand.co/best-companies-to-work-for/banking/most-prestigious-banking-companies

Would your new course be applicable to an incoming second-year student at a Canadian semi-target?

@PeakFrameworks

2 жыл бұрын

I would definitely say so, I actually think this summer is the best time for you to do IB prep because the top banks hire in second year.

Are these salaries pre or after taxes?

Quick question does centerview pay more or evercore because I've heard both these banks offer the best compensation in ib does one pay more than the other

@PeakFrameworks

2 жыл бұрын

Pretty sure Centerview is higher

Would you suggest taking your course to an incoming college freshman? If not, when do you think is a good time to take the course.

@PeakFrameworks

2 жыл бұрын

I think best time is probably freshman year summer because banks tends to recruit out of sophomore year. For now, focus on joining the right clubs, meeting good people, and doing some light networking.

Is the IB course catered to only those that are still in uni following the graduate recruitment cycle?

@PeakFrameworks

2 жыл бұрын

Not really, I'd say it's relevant for people switching careers / MBAs too. The technicals are pretty similar

Hey Matt, is this on average or just in NYC. How is it in Toronto compensation wise?

@PeakFrameworks

2 жыл бұрын

This is NY / US based (from Litquidity / Overheard on Wall Street surveys). Not 100% sure for Toronto, but back in my day I think the global banks paid the same number amount, but in CAD. Pretty sure all the Canadian banks pay less.

what are the h1b chances after MBA?

Can you give me a number on how much MDs make as well as partners at the best paying banks thank you

@PeakFrameworks

2 жыл бұрын

It's hard to quantify since it's very commission oriented and fairly secretive. People who bring in large deals consistently can make >$10mm. I think if you're an MD at most BB / EBs, you're probably clearing >$1mm at least. Not 100% sure though

which country do you think is best for investment banking Germany or The UK (after brexit situation)

@danielbelcher8113

2 жыл бұрын

London still has a huge presence

@PeakFrameworks

2 жыл бұрын

I'd probably take UK still, but I don't have any EU experience. From my view, there's still a ton of PE and buyside stuff in UK, though I don't hear about that as much in Germany.

How about a course on your tips and practical advice on how to be a top bucket analyst in IB?

@PeakFrameworks

2 жыл бұрын

I think I have some old videos on that, but I can refresh and add that to the list

@renegadejt4985

2 жыл бұрын

@@PeakFrameworks awesome! I would def invest in this course if you release it!

Can you pls do one for sales and trading?

@PeakFrameworks

2 жыл бұрын

Probably not unfortunately, I don't know anything about S&T

#s kind of off. Most BB first year analyst bases are at 110k. For the banks that have third year instead of direct promote, third year analyst bases at 125k at the least, if not 150k.

@PeakFrameworks

2 жыл бұрын

Thanks for the data point - I'm basing the data off those Litquidity / Overheard surveys from a few months ago. I assume the data is lagging slightly, but opted to be conservative

Can you do one for equity Research

@PeakFrameworks

2 жыл бұрын

We have one for equity research on our channel!

It’s interesting that you mentioned that you believe BofA and Barclays should be higher on the Vault list. I was wondering where you would place them in terms of rankings?

@PeakFrameworks

2 жыл бұрын

I'd take Barclays over PWP in North America. I think BofA is probably = PJT, so IMO the score should be higher (even if the ranking is the same). BofA seems more group dependent, but many of the old Merrill teams are still really respected.

Ha just got a job a JP Morgan today in Fund Accounting lol

@PeakFrameworks

2 жыл бұрын

Ayyy congrats

Hey Matt, really appreciate the advice. Been watching you for a few years, and you helped me land a BB sophomore internship rn, as well as an EB junior internship next year. I’m thinking about doing FT recruiting for top PE MF - do you think I have a good shot/how would you prepare? I’m at target (H/S/W) with strong GPA fwiw

@PeakFrameworks

2 жыл бұрын

Yeah you should be a top candidate for these roles. Make sure you can do a Paper LBO, start reading up on deals that the firms / groups you want to join are doing, and do some networking. Talk to people from your school who have placed into buyside (should be plenty from H and W at least). There are a very small number of spots though, so don't get too fussed if things don't land your way