From factory worker to investment banker in 6 years

I just signed my offer letter for an IB Analyst position in a bulge bracket bank, but when I started university in 2008, I was a depressed failure in my mid-20s with debt twice the size of my annual income, little social skills, and most of my work experience consisting of warehouse and factory jobs very far from any dream I ever held dear.

I was averaging three emotional breakdowns per year, and working as an unlicensed welder for $14 per hour when I got accepted to a local university as a mature student. The university did not even let me enroll in their business program, because at that point I have been out of school for 8 years, and my high-school transcript showed that I only scored 50% in Calculus on my third attempt and finished with mid 60s overall. They put me in a public administration program instead, but that was only the second time I refused to accept my fate.

Six years and one month later, after losing count on how many times I refused to fuck off and die, a business degree in hand, and two years in the middle office on the buy side, I killed three rounds of interviews and got my offer. Why now? Why at my age? Well, almost everyone wrote me off. I wrote myself off. But, at a critical moment, while staring into the abyss, I just refused to go. Because, and you know who you are, fuck you. That’s why!

No, this is not the whole story. I skipped the whole middle. I’m not sure if anyone would be interested in it. I may fall flat on my face and burn out after I start the new job next month, but, at least then I’ll be able to say that I finally found my limit. Then again, I never give myself enough credit.

 

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Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

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From 10 rejections to 1 dream investment banking internship

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