Diplobracy, Audit, Equity Research and Realistic Lifestyle Expectations (Australia/US/UK)

Deleted. Deleted.Deleted.Deleted.Deleted.Deleted.Deleted.Deleted.Deleted.Deleted.Deleted.Deleted.Deleted.Deleted.Deleted.Deleted.Deleted.Deleted.Deleted.Deleted.Deleted.Deleted.Deleted.Deleted.Deleted.Deleted.Deleted.Deleted.

5 Comments
 
Most Helpful

To me, it sounds like you’ve been spoiled for most of your life but are now in a position where the biggest influence on your trajectory isn’t your family or people they know, but yourself. And you’re not where you’re used to being (living the diplomat child lifestyle) because you don’t actually know how to grind, nor do you have the fire to do so.

There are people that grow up in abject poverty and absolutely slave away in school to get a Big 4 audit role and qualify ACA, and they are immensely proud of their achievements (and so they should be). But this isn’t enough for you? Your current position is the sum of your effort and desire, but you appear like you feel a bit entitled to better by default.

Nothing wrong with wanting more, or wanting better. But suggest you take an honest perspective look back over your past and ask yourself if you’ve really tried hard enough and made the most of the opportunities you’ve had. My suspicion is no, and if you want to pívot into ER the best thing you can do is change that first.

 

ngl as a student reading this this is frightening. Seems like you literally have to go balls deep in your career or not. No inbetween in this day and age.

 

What do you mean “in this day and age”?

It’s always been like that. In fact, WLB is considerably better today than it was for your parents and grandparents in almost all careers (excluding IB, which achieves the rare exception of managing to have gotten worse).

This is the real world. Shit doesn’t get handed to you like you’ve experienced through school and college.

 

Minus recusandae unde soluta sit ut quas molestias. Sequi maiores ab cum ducimus ut saepe facilis.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan No 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
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...”