IBDis no longer a worthy prize.
NowadaysIBD有瞧sttoo much prestige from lower pay (post GFC), diversity incentives (people will lump you in with subpar minorities and not percieve your job as prestigious as a result) and increased capital markets activity (leading to hiring surges, making the job less exclusive and upscale).
I don't really care that the perspective of investment bankers by the masses has been tarnished since GFC, but I care that the exclusivity and difficulty of the job is diluted.
Landing anIBDjob is no longer the ultimate prize for WHYPSMD/Oxbridge/LSEgrades who have sacrificed their whole lives to break in.IBD(outside of PJT RSSG, EVR/MS M&A,GSTMT, etc) is an UNWORTHY prize for the top 0.001% of society. OnlyPEstraight out of undergrad can satisfy their need for prestige, exclusivity and compensation.
This is just something I've noticed from my years in the industry and speaking to others recently, who all share my perspective.
注释 （30)
可能be I'm being trolled, but yeah, why stop at PE? Should become Tom Brady or Leo DiCaprio. This topic is really quite sad and lacks perspective and gratitude.
If you think the top kids at W are all rushing intoPEyou obviously go to Rutgers
Why are you mad?
W的孩子从哪里开始，然后Bozo
Hedge funds
Anyone who isn't Musk or worth atleast $100B is worthless and is obviously not exclusive.
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“顶级孩子”的梦想是什么？
那些已经有钱的人可能梦到了学术界和政治的象牙塔
I doubt the top kids want to be a cog in the wheel, punching numbers intoExcel and fixinglogos in PowerPointlike a glorified secretary... unlike us, they usually have better options.
研究和学术界。我个人发现这很无聊，但我又不是一个顶级孩子
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Lol youre onWSO，如果您不偶像IBD
我认为，应该和被认为是奖项的是开始生意并观看其成长。这是一些艰难的狗屎，说起来容易做起来容易。所有企业家都有我的尊重。实际上，我本人想成为一名企业家，并从头开始一些事情，但由于缺乏经验和资本，还没有做任何事情。我的游戏计划是要从我担任的所有角色中学习尽可能多的知识（Corp Finance，IB, Investment Management, etc.) and then apply everything i learn into starting a business. I dont even care if my start up fails, i'll have the satisfaction of saying at least i tried. After failing i'll try again until i succeed.
Not sure if i went on a detour from what the post is about but yeah thats my 2 cents lol. Also, everyone please feel free to take a look at my recent post, would really appreciate any insight that anyone may have regarding the topic of my post that i made not long ago. Thanks!
兄弟，我是其中一位的来源分析师BB90班级的百分比来自康奈尔（Cornell）或沃顿（Wharton），少数几个非目标和多样性，上帝为什么人们有像你这样的心态
在康奈尔（Cornell）上抓取
"90 percent of the class are from Cornell"
You see, that right there is the problem. Most prestigious top roles rarely have people from state schools like Cornell
its still ivy, lol thats not a problem stop being so stuck up with prestigous, go find some happiness in your life
lmao cornell is tier 3, rest are probably inferior africans
what a racist
For starters, this is a false premise. Not everyone lives their lives to achieve the positions you mention (I am one of them, I eventually just ended up on this path), many of the smartest kids have lots of options and simply choose a path to pursue as they review some options.
Also, go visit student doctor network in the practicing physician forum and within minutes you will find a multitude of threads about how medicine is no longer worth doing, dr's will not encourage their kids to do medicine bc of midlevel encroachment,PE/Big Corps taking over most private practices, asshole patients who know everything from tik tok and Facebook, govt reimbursements suck ass etc (my sibling is a physician who *gasp* only went to Emory for undergrad and Med school! - aka no prestige and is in Interventional Cards)
big law forums are worse and full of complaints about tuition, making partner, dickhead partners, awful work life balance, etc etc
Look , there are mind numbing aspects to all professions, at leastIB付款良好，您可以做几年，然后了解足够的财务，以在另一个努力中变得危险。您可以在一家公司公司工作，在您的个人绩效进度报告上花费1个月（无论如何都没有人关心），并且每季度坐在公司的乡亲一次，而业务部门的一些大型假阳具副总裁则反驳了罐头指标，并说当您将其淘汰时，请继续保持良好的工作10kraises with other colleagues and try to get promoted to the big 200k base (and that's a good Corp).
stfu你ibddickrider, poor ass poverty plebeian
I'm not inIBDanymore but if that's how you feel you may be on the wrong site lol
The ultimate prize IMO isPE/HFgig， 哪个IBis your ticket to.
Do your 2 years, like the rest of everyone and thank me letter.
IBopens doors.
How has the difficulty of the job been diluted? How is it not exclusive? I can argue it's become harder as there are many fields that pay better and give better work-life balance, which means the remaining people are doing banking because they are interested in the career. Very few people these days can randomly decide they want to do banking and break into the field within a short amount of time. For tech it seems like anyone can break in as long as they study and show they have basic competency and a great attitude.
这是一个人在大学或刚从of college. Banking is just one part of your career. You get paid well and learn a lot in a short time span. The prestige of banking and the skillset you're learning give you options and set you up for wherever you want to go. After 1-3 years of banking, you shouldn't assume this will make your career and turn you into some sort of multi-millionaire. However, it will give you the knowledge, skillset, and maturity to pursue other goals in life if you decide banking isn't for you. Ex: Stressing over little details, dealing with political bs, crunching numbers, etc.
如果你追逐事业,因为知觉,you will have a tough time regardless of where you work. The lowest banking analyst salary is like 100k? That's amazing. Work-life balance might be horrible but after 1 year you can find a 9-5 gig that will give you more than that. If you stick it out in banking for 3 years you'll be at like 150-175k after you become associate. 24 years old making a base of 150-175k before bonus.
你们被高中生拖了。请停止喂养这个可悲的孩子，他需要专注于化学级别
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