Is now the best time to become a career banker?

With the insanely high attrition rate and apparent max exodus out of IB into places like PE/VC, etc. is now the best time to become a career banker? Aren't career opportunities significantly better much higher if you're one of the few that stick around given that everybody has left? Won't these banks be desperate for more senior people in the relatively near future, making the possibility for a fast tracked career much higher if you stay? 


I get that banking sucks but isn't there an exponential amount to gain if you are willing to stick out for just a few more years or am I missing something. 

 
OpenKimonoMonkey

Aren't career opportunities significantly better much higher if you're one of the few that stick around given that everybody has left?

Yes, target Citi.

 

Deserunt velit ipsum magni quidem omnis. Ex iusto laborum id tempora ut sapiente accusamus. Ducimus ipsam nulla saepe est dolore. In et natus et qui occaecati nihil ea quisquam.

Aut soluta et est ut nobis amet assumenda. Ut nihil animi repudiandae expedita. Eligendi consequuntur amet voluptas facilis eum distinctio magni.

Corporis culpa ullam et necessitatibus magnam et quo. Aspernatur dolores in facere laboriosam corrupti odit alias eaque. Et repellat doloremque quas dolorem cum adipisci.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 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 (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $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
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
kanon's picture
kanon
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
Linda Abraham's picture
Linda Abraham
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...”