shorttheworld:
so if this is true, what is everyones secondary profession going to be? :D

Government or management of education/pharmaceutical. The only three professions that have seen steady employment growth over the last 15 years in America are education, healthcare, and government.

 
shorttheworld:
corporate finance for energggggggy

or international development. something in latin america, gtfo out of the u ess ayy

Truth be told, if all hell broke loose and the market tanked so bad that lots IBs and PEs were closing up shop permanently I will be on the same flight south.

Regards

"The trouble with our liberal friends is not that they're ignorant, it's just that they know so much that isn't so." - Ronald Reagan
 

Can someone please post a video of a man saying this? I prefer to have dependable sources.

"If you can count your money, you don't have a billion dollars." - J. Paul Getty
 

This is retarded. When you count in bank tellers and overstaffing in non-FO or investment bank roles, yea, these companies are surely going to cut some fat.

But lets be honest here, if they cut 80,000 workers, thats probably more than all of the FO jobs in the US right now. RETARDED.

------------------------------------------------------------------ "I just want to be a monkey of average intelligence who wears a suit. I'll go to business school!"
 
Best Response

80k must be including tellers, cleaning ladies, janitors, mistresses, secret baby mommas and doormen. And even if the gvt chokes that many jobs out of Wall St, a large chunk of Main St will be going down with them: restaurants, boutiques, charities, au pairs, cleaning ladies etc When a banker eats, everyone eats.

I suggest looking at Buis strategy or risk mgt Consulting if you don't want to stick it out: Accenture, MMC, IBM, etc are all expanding in latin america, Ghana, etc. I have heard of a few bankers jumping ship and getting some pretty solid offers bc of the client relationship and financial modeling/valuation skills. I don't know about the comp package though

 

Libero quisquam ut voluptatem sequi soluta placeat. Molestiae sint incidunt voluptatem laborum est delectus. Sapiente aut aperiam dolor quidem ipsum.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Perella Weinberg Partners New 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 06 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 (148) $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
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
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...”