Thank you, Associates
After two months as an analyst, I have struggled a lot with the learning curve and the workload. Many late nights and f*ckups have me stressed af, yet my associate has stayed up with me, helped me improve, and shielded me from angry seniors. Without him, everything would be a lot worse.
So thank you, to all associates who care enough and have the patience to help us analysts get better at our jobs.
Comments (67)
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A good associate is underappreciated. From my experience, it typically takes anMBAAssociate one year to get to this point. A good relationship between the analyst and associate is key for high quality work with less stress.
I agree. I always think it's funny when 2 or 3-year analysts are blasting stub-yearMBAassociates for how useless the associates are currently compared to them as if that's a fair comparison. Like sure, someone that's most likely making a career switch and is in their first few months on the desk is definitely going to be shitty until they have the first 12 months or so to get up the learning curve, just like those analysts were shitty when they first started.
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Finally some appreciation god damn it
Why don't you take them out to dinner or get them something nice instead of posting anonymously on WSO?
Shut up pledge
How am I a pledge?
I will
Because asking your associate to dinner would be very gay. However, if an analyst bought me a Hawkeye, Colt 1911,AR, or Benelli, he'd get top bucket reviews no matter how shitty his work was.
我来自山谷,小先生,他们会带您像爸爸做的那样做
Cringe.
This is a load of horseshit. LMAO, an analyst buys you a handgun and your first instinct is to give him top bucket? -- I bet you would narc on him so fast
Sign of a great culture right here
Go on
即使您为您的同事来说,他们仍然不会他妈的你
And here I thought Analysts got fucked by their Associates, VPs, and MDs, all day every day
lmao所有人都闻到了绝望和破裂的自负。为什么不拿起薪水并投资于RE和其他资产,而停止尝试相互努力呢?这很有趣,但是你们所有成年人。对您的收入做一些有用的事情。
同意!我是一个summer analyst和我的MBAassociate has been super helpful throughout the summer. They're always willing to check my work and answer questions before I send it up to the actual associate
Nice tryMBAassociate
Accurate
More likeMBASummer Associate going by his title...
.
Blind leading the blind
Blind leading the blind
谢谢您的同事,每次我们上班并做出回应时,您都会不断地告诉我您“绝对被困住了”。感谢您在午夜工作直到凌晨3点,从未真正创建输出,但是严格仅仅检查整个甲板完成后才检查我的工作。
You're welcome. Plz fix my last request. Thx
What team is this? Would join: myMBAAssociate is 3 years in and exactly the same except he signs off by 10pm and asks me to check the work I did at his "can you handle" emails, yours sounds better!
我不保护你的伙伴,但是如果你decide to become one you'll understand that VPs and above working with us a lot of the time also demand is to start creating stuff rather than doing the grunt work. Hence sometimes we spend less time in excel or moving logos and a bit more time thinking about structure of the deck, of the slides etc
again just giving you another perspective and not defending people who slack off
Thinking about the structure of the deck ? If you're genuinely spending significant time (that would prevent you from participating in other activities) thinking about the "structure of the deck", you either recently joined and don't have previous materials for reference, or are inefficient...
That's my Associate. We can't be in the exact same group or can we.
您可以循环拨入,然后开始最新音高的粗略副本吗?
Must be nice to work where you're at....
You: Thank you, Associates.
Me: F*ck you, Associates.
对于那些创造不必要的工作和/或懒惰的人。
It is funny how this tends to work out... as an Analyst, I loathed most of my Associates (A2A andMBAguys) because it seemed that they were either lazy or would never provide value. As an Associate, you understand that there are a lot more things going on that require attention instead of hopping into PPTs and pushing pages. Sure from time to time I will help out Analyst and take on my fair share of work or turn my own comments for efficiency sake but it is really not what Associates should be spending most of their time on especially in process type roles (i.e. M&A). In the current environment (at least in my group), it seems that Associates are expected to play VP and quarterback processes while also having to play down and pick up slack when Analyst are unable to properly allocate their time to specific deals.
Long winded way of saying that Associates also get F*****.
不要以为这就是人们在这里未能认识的东西 - 这并不是说分析师只是因为某人是同事而发动战争。每个人都有不同的责任。我认为很多人是同事 - 往往是MBAs- who are incompetent and mean, logs off by 10pm, forwards requests to rename PDFs when you've told them you are swamped (and they know it based on the staffing sheet) and forces you to outline the page, do the page, and check the page countless number of times while incessantly checking in and provides comments that end up being outright wrong or useless. It really doesn't help all that much if they are busy brown nosing seniors while berating you separately.
如果你的工作是管理工作流程和美军陆军nicate upwards and downwards, the least you can do is do your own job at a competent level.
This sounds a bit extreme. If the example you're giving about how some post-MBA Associates provide comments down to the analysts that end up being outright wrong / useless, then you should realize that they would be on the chopping blocks. Just remember that while Associates supervise Analysts, they too are being judged on their leadership and management of analyst work. For analysts, ignorance is bliss considering they just take orders from above and grind away at edits. As you gain more responsibility/experience over time versus just being a monkey grinding nonstop as an analyst, you'll start to realize the greater level of pressure/stress higher up the ladder.
100% agree with your comments on low to negative value add ofMBA同事。我很久以前曾是一名分析师,令人惊讶的是多少MBA同事们仍然从完全相同的布料上剪裁出来的无用的评论,在像宇宙的大师一样,尽早签出,通常是无知的。他们应该在工作的前6个月内无法获得分析师的支持。我知道一家银行这样做了,这似乎是正确的方法。不要认为这种做法幸存下来。
In my previous team I had two great associates- oneMBAand one non-MBA - both taught me everything they know (very different things) and always spent time to teach me. I always felt supported and appreciated and I worked my hardest for them. Always went the extra mile and took work when no other analyst wanted to do it. It goes both ways but not many people say the payoff
A good, well-respected (up and down) IB associate makes deal teams run super smoothly, and as efficiently as possible. Everyone's lives are easier. The analyst goes to bed earlier, the VP and MD think, "oh, XYZ's got it" and don't check in as much, and the client knows/likes him or her.
A bottom quartile one provides negative value by providing misleading, unnecessary, or outright wrong guidance. This is especially the case when they deem themselves too good to do the grunt work and provide zero value there as well
I lovePE同事。
First "Let's build the model without circularities" then in a couple of days "oh no, actually let's include those circularities now".
"Let's build 300 cases"
"Let's model interest rate swap buffer"
You're working with some folks who try to make up for substance with complexity, methinks.
The 'real model' should be ~100 lines long. The detail (unit economics, etc.) ought to exist only to sanity check what the assumptions imply vis-à-vis volume, pricing, cost structure, etc.
Honestly don't think it's sell side vs buy side but just really down to the nature of the team and person you're dealing with.
在卖方面,我上面有很多无用的操(包括一名分析师2,他在休假前一天下午6点预订了航班,以便他可以乞求MD在下午3点或4点离开)。而在买方,我的前辈们实际上是在携带团队。如果他们必须建模,那么他们实际上可以。
Maybe you'll find the sell side has more of the less useful type at the analyst / assoc level because the pay's better there at that stage. And on the sell side even the incompetent can cruise up to SVP in a shitty shop if they're their MD's illegitimate child or fuckboy, because the firm has zero skin in the game.
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