11/30/06

Hi..just wondering whether marital status affect one's candidacy, especially for female. Does this matter to BBs?

How many % of analyst are married?

Comments (26)

11/30/06

That would be illegal
---------------------------------------------------------------
---------------------------------------------------------------
Disclaimer: The post above has been made by someone who is not currently employed in IBD, and has not had an interview yet...

The WSO Advantage - Investment Banking

Financial Modeling Training

IB Templates, M&A, LBO, Valuation +

IB Interview Prep Pack

30,000+ sold & REAL questions.

Resume Help from Actual IB Pros

Land More IB Interviews.

Find Your Perfect IB Mentor

Realistic IB Mock Interviews.

11/30/06

Why?

11/30/06

because you can't discriminate based on someone's race, religion or marital status
---------------------------------------------------------------
---------------------------------------------------------------
Disclaimer: The post above has been made by someone who is not currently employed in IBD, and has not had an interview yet...

11/30/06

Yes, publicly they can't discriminate. But behind closed doors, will marital status affect their perception towards a female analyst?

How many % of analysts are married?

11/30/06

1. how would they even know
2. if your worried dont' wear your ring

11/30/06

and when you relocate, your spouse' expense will be paid by the firm..

So say if they know, will that matter?

11/30/06

If you are filling out HR forms and relocating, then you are already hired.

Do they HIRE marrried analysts? Yes.

What is the PRECEPTION? Depends on firm/group culture.

Relocation costs are paid out generally in a set amount-refer to your contract- doesn't matter if you are single or family of four. Additional relocation expenses can be deducted from taxes. See your accountant.

Advice: It would not be wise to use your spouse/family as a reason that you can not work late or complete assignments, travel, etc. as an analyst--

As far as % of married analysts-- I don't know in my firm, nor do I care- as long as the work gets done.

The WSO Advantage - Investment Banking

Financial Modeling Training

IB Templates, M&A, LBO, Valuation +

IB Interview Prep Pack

30,000+ sold & REAL questions.

Resume Help from Actual IB Pros

Land More IB Interviews.

Find Your Perfect IB Mentor

Realistic IB Mock Interviews.

11/30/06

I was just worried that married female analysts may be perceived differently. Thanks for your advice, well understood.

11/30/06

Always best to keep personal business out of the office. Especially at the start.

Good luck to you!

11/30/06

I think I am just worrying about nothing. I had no intention to mention my status. I just want to be given a fair chance to prove myself. But I had to fill the HR forms, So I started to worry whether they will see me differently. =P

11/30/06

HR doesn't talk much to the groups, so just don't mention the marriage except on HR forms until you're all settled in. If someone asks you, though, tell them the truth. I didn't discuss my engagement for the first month or so, and it was fine. Just don't talk about it much, don't let it affect your work, and they won't care.

11/30/06

I haven't seen any analysts come in being married, but there are a couple who get married in the process. You might want to consider switching into a less stressful group (research, capital markets, etc.) after your first year though.

It won't be easy, so good luck.

11/30/06

In my opinion married analysts have more obligations than unmarried analysts, meaning that's a negative. This is esp. true for analysts who might work 100+ hrs on a weekly basis. But I agree with previous posts, that companies aren't allowed to ask personal questions so just avoid touching the subject until you're hired.

11/30/06
Dream_lover:

Hi..just wondering whether marital status affect one's candidacy, especially for female. Does this matter to BBs?

How many % of analyst are married?

If you're 21 and ALREADY married, I think the subject of this thread is going to be the least of your problems throughout life. Ridiculous.

11/30/06

agreed its messed up "ooh you popped my cherry, lets be together forever", no wonder divorce is so high in this country, too many people confuse lust for love
---------------------------------------------------------------
---------------------------------------------------------------
Disclaimer: The post above has been made by someone who is not currently employed in IBD, and has not had an interview yet...

11/30/06
aspiringmonkey:

agreed its messed up "ooh you popped my cherry, lets be together forever", no wonder divorce is so high in this country, too many people confuse lust for love
---------------------------------------------------------------
---------------------------------------------------------------
Disclaimer: The post above has been made by someone who is not currently employed in IBD, and has not had an interview yet...

You nailed it on the head. Too many people are going around fucking like...well, monkeys (both the business and non-business variety). Where did the problem start? I don't know. How does one fix it? I don't know; I do know that people seem to be infinitely more irresponsible today than they were historically. Whether that's a function of societal "openness" or what, I don't know.

Damn, I don't know much at all...

11/30/06

It is a function of having many means of protection. And if two people are getting married, that means that the last thing they want to do is fuck like monkeys. They want to be dedicated to each other. And since I am from another country, I will tell you a little secret as to why the divorce rate here is so high. I guarantee you that the percentage of unhappy couples is identical in EVERY SINGLE country in the world. The reason the divorce rate is high in America is because in America, divorce is not as scary as it could be elsewhere, you are not stigmatized, and there are many opportunities for a successful life after a divorce.
There, now you know more

11/30/06
Salam Shpekov:

I guarantee you that the percentage of unhappy couples is identical in EVERY SINGLE country in the world. The reason the divorce rate is high in America is because in America, divorce is not as scary as it could be elsewhere, you are not stigmatized, and there are many opportunities for a successful life after a divorce.
There, now you know more

Excellent point.

11/30/06

I've been hired in IBD, but my status were never asked during the process. My husband and I know what's involved in this line and we are committed to our careers. He is not in IB though, but travels often.
As long as it does not give me a disadvantage, I am fine. I just don't want to be discriminated because I am married. I am willing to put in long hours and work hard just like every other analyst.

11/30/06

who even had a kid. It was pretty inconvenient as his wife would call because she was having problems with the baby. Not ideal but if you work with decent ppl, they will understand. If not, then obviously the environment is not right for you.

12/1/06

seems to me that if you plan to go into banking, you have to be married to the job. The only way a marriage will work, if the other person is fine with a marriage w/o any substance
---------------------------------------------------------------
---------------------------------------------------------------
Disclaimer: The post above has been made by someone who is not currently employed in IBD, and has not had an interview yet...

12/1/06
aspiringmonkey:

seems to me that if you plan to go into banking, you have to be married to the job. The only way a marriage will work, if the other person is fine with a marriage w/o any substance

Untrue. You just need an understanding person as a spouse. At my bank, many of the associates were married, as were the VPs and MDs. They would take a few minutes during the day to talk to them, and try to get home whenever possible. As long as the banker isn't willingly avoiding going home, the other person understands the dedication to the job. My parents are both in careers that require a lot of dedication to the job, but they still have a great marriage. Not "lacking substance" as you put it.

I've seen a few analysts are of the mindset "I don't ever need to marry and have a family, I'll just have a girlfriend for the rest of my life and make lots of money". As one matures, and progresses in life, their needs change.

12/1/06

let's see how this pans out..I am confident that it will be fine.

12/1/06

If you're 21 or 22, you might want to not wear the wedding ring at least for the first 6 months or so, so that you get an opportunity to prove yourself without any stigma. In my opinion, it's unusual to be married/engaged at age 21/22, and you don't want to draw any unnecessary attention to yourself or cast doubts on your abilities right when you get there. Once you prove yourself, I doubt it will matter. As long as you're willing to work hard, I don't think anyone will care if you're married. But since it's so unusual to be married/engaged at age 21/22 and there is definitely the potential for people to doubt your abilities before seeing your work due to your marital status, I would not wear the ring until you've proven yourself. Just my opinion.

12/1/06
12/1/06
Add a Comment
WallStreet Prep Master Financial Modeling