Financing and Banking in the South?

Born and raised in the North-East. I'll be a summer analyst in a group located in a Southern state this year.

Will cultural differences mean anything in terms of my internship?

Essentially, are bankers in the South any different than bankers in the North? I don' want to risk accidentally insulting anyone; I realize Northerners are often seen as more callous than Southerners.

 

Just respect others' opinions and preferences and you'll be fine. We in the south do not like yankees coming down to our land and tell us how to live. Generally just be respectful and treat people with kindness, normal stuff that we take extremely seriously down south.

 

I've lived in the Northeast and the Southeast. People in the South aren't friendlier; they're just better at faking it. The main differences are small: strangers might make small talk in the elevator, people tend to remember stories that you tell (e.g. if you tell someone your aunt is sick, that person will ask about your aunt the next time that they see you), etc.

I'm not sure which city you're going to, but Atlanta and Charlotte are great. Both have many people who moved from New York.

 

The "cultural differences" are way overblown. Unless you are personally a bad northeastern stereotype or run into bad southern stereotypes (which you won't really encounter working in a major city in finance), you won't notice it 99% of the time.

Commercial Real Estate Developer
 
Best Response

Everyone above is wrong. You very quickly need to go out and buy a late model American made pickup truck, get a gun rack and a Confederate flag tattoo. You probably want to impregnate your cousin and give the kid two first names because that shows that you really know Southern culture and are dedicated.

In reality it's not that much different especially if you're in a big city like Atlanta or Charlotte. I was born and bred in the Northeast but I've done a lot of business down south and spent a lot of time there. People, especially those who grew up there (lots of transplants in those two cities), tend to be a little more formal and old school, for example they'll use Sir or Mam and Mr./Mrs. more often when addressing other adults but it's really not too different. People tend to be more religious but it's rarely thrown in your face. The comment above about not being a Northeastern stereotype is probably the easiest way to say it.

 

I'm guessing you've never visited. go to a big city, this woman, along with the klan, stars & bars, people who fuck their sister, and more, are part of the 0.001% of southerners (if not less).

actually, I take that back. don't come visit, you're a hick of a different variety, keep on thinking we're bible totin ignorant racists. enjoy winter.

git 'r' done!

 
thebrofessor:

I'm guessing you've never visited. go to a big city, this woman, along with the klan, stars & bars, people who fuck their sister, and more, are part of the 0.001% of southerners (if not less).

actually, I take that back. don't come visit, you're a hick of a different variety, keep on thinking we're bible totin ignorant racists. enjoy winter.

git 'r' done!

I'm certain that there are many wonderful and intelligent people in the south. I posted that half-jokingly (unfortunately).

Remember, this woman was democratically elected by the people of the state (and to the education board, nonetheless). That really says something about a large portion of the population.

I honestly wish that I could post that 100% jokingly but that is the reality of the situation.

 

Aut eum quis harum incidunt incidunt aperiam voluptatibus voluptatibus. Necessitatibus eos ipsam blanditiis. Cum qui blanditiis alias porro odit vero. Dolor beatae excepturi corrupti accusamus sequi. Blanditiis doloribus qui laudantium. Maiores eum reiciendis excepturi in.

Provident aspernatur ut adipisci deserunt natus. Quia sit ex ut cumque qui quis quas. Magni amet enim in et perspiciatis qui provident. Dolor est expedita neque. Perspiciatis eveniet consectetur illo sed id alias.

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 (89) $259
  • 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
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
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
numi's picture
numi
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...”