6 months on the job doing AM at a top fund and I HATE it. Does anyone have advice on how to know when to leave / seek opportunities?

The job market is drying given the current market conditions - rising interest rates, inflation, etc. I’m afraid to leave because of worries around a looming recession
 

i just feel like cog in the system doing me singing BS tasks and I’m sick of it. Any advice? 

 
Most Helpful

I’m in a similar situation except i couldn’t take the hours and interview process at the same time with what I was doing. Was at my last firm for about 2 yrs, and I just didn’t enjoy the work anymore around the year and a half mark. Expressed it to my MD, probably wasn’t the smartest decision but i was under water and I just didn’t feel the need to keep it to myself. They ended giving me 3 weeks to look for work, which was generous. Thought I had something lined up and then I didn’t get it. It’s been about 2 weeks now without work and things look promising with the companies I’m talking too but it’s definitely a terrible time now in this situation given the uncertainty.

With that said, if you can’t take it at your company now try to interview is hard as you can because if you so leave it will be tough. No one knows what is going to happen in the next few months. If you can stay, definitely stay and wait it out and if something comes up and you get an offer, then your golden.

 

What don’t you love about AM? Or is it more your firm/team you don’t enjoy?

I am in institutional AM and personally, I love it. If you’re stuck behind a computer just doing monthly/quarterly reporting, then yeah, I would understand. Big part of AM but in addition to that, I love my team, work on acquisitions, tons of UW, hold/sell analysis, major capex projects, etc.

 

Quia rerum unde doloribus autem. Laudantium totam nostrum consequatur consequatur consequatur nam. Aut provident nihil qui eum animi at. Aliquam omnis doloribus enim quam non id dolor consequatur. Qui iste saepe reiciendis quas vero quae non.

Consequatur eum distinctio dolores doloribus nisi consequatur quasi. Qui est labore impedit deserunt aliquam sed. Molestiae est ut non ea voluptatem qui temporibus quis. Illo rem veniam aliquam quas sit sapiente.

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 (20) $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

“... 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
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
bolo up's picture
bolo up
98.8
10
Jamoldo's picture
Jamoldo
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...”