associates can go kill themselves
so what're you guys doing at 11 on a saturday night? Me? I'm here with two other analysts making a model and a powerpoint--both which I've redone about six times today because the associate "got new information" AKA. "I'm not going to do this so you can do it just cause you're an analyst"
thought I could sneak out at 6PM and join my friends who I haven't seen in about three weeks cause I've logged 100+ hours to do this deal which probably won't come through...
this is probably going to take me two hours or so to re-do then I've got to wait for the higher-ups to give the green light before I can go home for the day just so I won't have to haul my ass back into the office to make changes.... probably no point in going home now.. i'll just take a nap and start this shit in a few hours....
to all you prospective bankers don't get caught in the illusion that the huge salaries are worth it.. i'm at a top bb (think GS/JPM) and I liked my time at a boutique so much more.....
oh and if you're an associate reading this? go kill yourself thanks.
at least i've got my other analyst buddies here with me
sorry guys just had to rant because i'm getting delirious thinking about how much life is passing by me and i'm here cranking out numbers and changing commas to periods
Erase this shit now; are you fucking stupid ?
yea dude, you can get fucked pretty hard for these rants
all i can say is, your colleagues have Giuliani to thank tonight for making gun ownership illegal in NYC :D
me? im studying for 3 exams next week...feel free to take it easy once in a while, distance yourself from work, and help a poor chap by sitting in his place on exam day.
When you're pissed, always write the angry email.....but never send it.
Bad idea typing that from your work computer bro. That being said, I know all too well how you feel.
at least he did it from a new account haha. i didn't think this was THAT bad esp. when there are other analysts nearby. i doubt this associate is going to call up his buddy in IT and ask him to dig through the server logs over a post like this...he didn't directly threaten anyone.
he's just sharing sentiments that im sure the associate is already aware of regardless whether he's expresses them or not
Nothing wrong with what you wrote dude. Im sure the associate knows you and the other analysts are talking shit behind his back, he just doesnt care, thats it. And if you do move up in the biz (3rd yr analyst / associate), I'm sure you'll know that the lower analysts will despise you at times.
Basically, point is that the higherups know that analysts fcuking hate them, but since we're the lowest of the low, our opinions mean shit. So rant / bitch away on this anonymous board and to your analyst buddies...its one of the few ways we can keep sane.
BTW...take comfort in the fact that there are other analysts out there right now, at this very moment (about midnight on a saturday night), grinding away at stupid shit as well, including yours truly
you're also 22 and making a buck-forty min. STFU and grow up
Thank you. Last I checked we're all free to go teach 5th grade social studies and have summers off.
seriously, OP should see if any non and semi target grads who cannot get interviews in this job market want to trade places
aod - i wouldn't question the OP's yearning to be in the industry --- sometimes this job just does this to you.
That said, OP, I think you have some bad luck on your end. I've had excellent associates working with me (for the most part) at my bank. I'm at a BB as well and prefer this significantly more than my MM experience.
Keep your head up though...another 9 months or so and you're out.
You'll net what, like $140-150k pre-tax at the age of 23-24? Seriously STFU. Bitching to your IM buddies/fellow analysts is fine, but don't do this crap on WSO.
Associate @ BB is the worst job from risk/reward point of view. You'll get fucked by senior bankers for fuck ups of all junior bankers.
only an idiot would post something like this from his computer at work. hopefully he posted from his iphone. this is the worst kind of stupid.
what part of "you are going to work 100 hour weeks" don't you understand when you were interviewing?
I agree, bitching out your associate is real original. If you ever choose to continue as an associate, you'll see it isn't the bed of roses you think it is. It's a goddamn bitch.
Who gives a shit, you guys really think an Associate is going to go through the trouble of having the IT find out what computer, at what time was logged on WSO?
Some of you really need to grow some balls.
I always find it funny when people that have never been an analyst, ie college kids dreaming of the job or grads that didn't get one, are always quick to point out that the kid should be grateful and that they would take his/her job in a second. It's such a naive comment. Working those hours is brutal and you can't understand until you do it. There probably isn't an analyst in the history of banking that hasn't gone on rants about how shitty the lifestyle is. It's a coping method. If anything the people on this board should be supportive of each other and each others stresses.
well said
I agree it's good and not immoral or whatever to vent, but the assocs. are your friends and they're almost always going to fight with you. No need to take shit out on them.
The reason you're in the office is most likely a VP/D/MD who's shoveling shit on the associate anyway.
I hear you man - having been there and left. It will happen enough times - and one of those may just inspire you to go do something you enjoy more. I used to be more vocal about my rants and just spit them aloud in the bullpen.
Good luck - just try to look at the bright side (even though I never did) if you can.
I'm not sure why people comment if they've never been an analyst....
I hear you man - having been there and left. It will happen enough times - and one of those may just inspire you to go do something you enjoy more. I used to be more vocal about my rants and just spit them aloud in the bullpen.
Good luck - just try to look at the bright side (even though I never did) if you can.
I'm not sure why people comment if they've never been an analyst....
Agreed, being an analyst sucks.
Did you leave during your first year and what did you end up doing after? Just had enough, or got recruited to another field?
Just keep ballin' brother.
I left for a well known startup here (NYC) - pretty different but I love the work (at work right now) - I can handle the verbal berating/abuse in banking - but I always felt the work I was doing in banking was worthless (good training though). The work I do now is actionable - and I can see when its just text on paper to when there is headcount and P&L associated it with it, and a concept that is hoping to disrupt the norm.
Left after my first year - right before bonus (startup needed me asap) - pretty good equity chunk though for a company expect to go public next year. If I didnt get startup offer - honestly, prob would have lateraled to a better bank or flat out quit and moved to Peru or something. After banking, I was far less concerned about what my resume looked like, more concerned about my general happiness and seeing my buddies/family. Life is too short to be moving commas around or getting yelled out bc the colors are too bright - but i have respect for those who genuinely love it (only know one banker who likes it).
I don't miss banking - but i ll admit in some ways I miss the camaraderie with fellow analysts - having a good class to share the misery does make it bearable - though I think it wears and by 2 years most people are pretty worn down imo
How did you get the opportunity at a startup, and what is your position with the company, if you don't mind my asking?
This might be a tangent from this thread but here goes another rant:
Start ups would be MUCH MORE appealing to a 22 year old trying to make the decision between making $100-150k his first year or responding to a start up CTO ad implying that the CTO will be building the app mostly by himself, for $0 pay, and "generous equity". I know it's part of the risk/reward, but there are waaaaaaaaaaay too many start ups hitting our mailing lists about unpaid CTO positions and ample equity from current top-10 MBA students. You can't expect the unpaid CTO you "hired" to do most of the technical hard work and not respect that. Get some angel funding first if you can't secure VC and pay your hard working start up guys either with your own money, business loan, or ask your b-school friends. Keep in mind, 95% of businesses statistically fail within the first 1-5 years. As someone considering a start up over goldman sachs, you may never get the chance to cash out the hard work you did. It'll not only take guts on your end, but also the keen sense to recognize a potentially awesome start up that could really become something or just another version of Ebay with a small twist built in and no real value. It doesn't have to become a million dollar valuation overnight, but at least in 1-3 years, the start up should be able to financially support your hard work.
this whole thread is classic!
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