My Three Free Months in NYC

Andy note: this comment was originally posted inside City Smackdown 1 - Empire State of Mind and I thought it should be made into its own post for those who didn't see it. Enjoy.

If anyone has a chance to experience NYC while unemployed, I would highly recommend it. It is completely different then living there while working in the finance industry. I was lucky enough to have 3 months off, as I quit my job early knowing that I will be starting an MBA program after the summer is over, and although it was tough on the pocketbook, it was one of the greatest experiences I have ever had.

Please understand that the below is particularly awesome in my book just because I grew up broke in suburban Denver CO, where there wasn't much happening and if there was, I probably couldn't have afforded it anyway. So for those of you who go to Egypt (pre revolution) just cause its a three day weekend, try not to flame too hard how my idea of a good time is weak.

The most enjoyable part of being off was the ability to wake up and go on a 3 hour bike ride, or go down to the Battery Park basketball courts along the river and play pickup games for 4+ hours. Doing these two activities 4-6 times a week for 3 months straight was great, and if I was financially set for life, this is how I would spend my time for the foreseeable future. But that’s just me, it is a very unique outlook and I know most monkeys will think I am crazy for doing this.

Another thing I enjoyed was going to all of the shows New York has to offer, it was easy to attend tapings of Jimmy Fallon/Letterman/Etc. (most of whom film on weekday afternoons) as well as travel to nearby cities to do the same. For example I went up to Stamford to watch a live taping of the Maury Povich show (don't hate, it was a good time). The best was doing this with friends that would come visit from out of town.

I am a huge NHL and NBA fan, so I got to see so many playoff games from start to finish it was ridiculous. I also got a chance to go to some Rangers, Knicks, Devils, Flyers, etc... games. This would just not be possible with a finance job.

Dating was also a lot more convenient. When you get a number at a bar, instead of figuring out some evening or weekend date or what not, the lunch date becomes available. The lunch date is awesome for one reason. No matter how the date goes, good or bad, your date has to go back to work 99% of the time. One of my pet peeves was when you are a dinner and your date isn't as fun as you imagined she would be and you no longer want to hang out afterwards, you usually have to make something up or try to wrap up the dinner without being obvious that you want to leave on your own and fast, which as you guys and gals know can sometimes get awkward. With lunch dates this problem is 100% averted.

I also took out almost every restaurant and bar that I’ve wanted to go to off my list. Before 6PM almost nothing requires reservations, so you can go get a steak at Primehouse or a Seafood dish at Morimoto without any waiting. At the popular bars/clubs, if you go for drinks during the day a few times a week and shoot the shit with the door guys on your way in and out, it is easy to set yourself up to skip the line and not be required to buy bottles to get in at 11pm on a Saturday night.

I could keep going, but I think I covered the majority of the main genres that needed to be covered. I want to finish with this primary point. I was able to do what I wanted, when I wanted to do it. If some random idea popped into my head, I was able to execute immediately instead of having to worry about scheduling it for an uncertain future date. That and the fact that I slept for 8-10 hours a night was why this was one of the most amazing three month periods in my life.

 
Best Response
trailmix8:
I also took out almost every restaurant and bar that I’ve wanted to go to off my list.

I'd like to say good for you and fuck you (because I'm jealous) all at the same time.

I think this is my favorite post I've ever read on WSO. Probably because I'm very similar and would do all of those things as well, but reading this just made me genuinely happy. +1

 

Congrats. I've been unemployed the last 3 months and I have to say it's been good and bad. The good was I got to do things like you: basketball, draw up business plans, hang out with friends, the things you can't do employed. The bad: I wasn't going to get my MBA next. Was looking for work. Sucked but I actually think I found a great job that I wouldn't have if I stayed working.

 

Repellat excepturi qui ducimus doloribus explicabo odio cumque. Sunt suscipit nulla amet sed modi. Illo velit vel explicabo maxime placeat. Quasi temporibus fugiat sint qui culpa.

Aliquam harum beatae quia eius eligendi atque. Et fugit iusto deserunt consequatur hic et ut. Mollitia est blanditiis qui quasi placeat.

Voluptas deleniti ad rerum voluptates aut blanditiis. Illum officia est incidunt atque ipsam. Aliquam est et molestiae ipsam. Nostrum esse voluptatum vero est ab facere aut.

Eius laborum natus quis autem. Sed voluptate iusto non ex ratione velit aliquam dolores. Et quidem fugiat aut minima possimus nihil.

Metal. Music. Life. www.headofmetal.com

Career Advancement Opportunities

April 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 03 97.1%

Overall Employee Satisfaction

April 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

April 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

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”