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The seniority required to fire someone within a bank GREATLY exceeds the associate level. It takes an effort for a director to get someone fired, and they can't do it directly--they have to go through HR. And even then, yelling at someone isn't sufficient cause for termination. It's a lot harder to fire someone than you might think within most large companies.

 

^^ This. Think of the analyst as the MD.

To OP's question. Thankfully this has not happened to me, my analyst and I have a pretty solid working relationship. Does he do it when you make a mistake? Not justifying his actions, but tensions run high during earnings season, especially if there's a slip up in the normal process.

I'm paranoid about making even the slightest mistake and keep a running list of past slip-ups and write out how to prevent it in the future. It's actually gut-wrenching whenever my analyst points out even the smallest detail. It causes me to do a good job, but if a therapist psycho-analyzes me, they'd probably say I have a problem.

 

My analyst used to yell at me and publicly on the research floor so don't worry it's normal. The important thing to consider is that research's org structure is SO flat. In banking, it's the equivalent of the IBD analyst working all the time directly with the MD and when you think of it that way, it's almost expected that a stressed out superior is going to take it out on a kid who isn't experienced

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On the flip side, when I was an analyst in S&T I went apeshit on a Director in a meeting with ~20 people, including a few partners (GS). After the meeting my direct bosses pulled me aside to reprimand me. I walk out of the conf room, and one of the partners grabbed my arm - he waited outside the door. I nearly crapped my pants. He said, “let’s take a walk,” so I followed. He said “regardless of whatever they just told you, you are safe. Don’t worry about it. You were completely right, and no one else had the backbone to point “it” out.” Honestly, it was a career defining moment in terms of speaking out when you see idiocy afoot.

 

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