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people still think this shitty job is equal to what investment bankers do.
The mods are college going kids fascinated by this new niche practice area, not knowing what shit work these people actually do for not much cash
you didn't mention backup work brother, thats the worst part of the job.
the 3 firms mentioned have since ages considered nepo kids for A0 spots.
Why is it contested? It's a fact that bonus is lower
Bonuses in cap marks are very low simply because it's a fixed fee practice and only compensates to 0 margin. Do NOT choose this consciously. Most associates in CM teams in CAM, INDUS, SAM never did CM internships