Suit & Tie = overdressed in IBD?
Wanted to ask for opinions since I’ve been seeing mixed opinions about the traditional biz formal look in IBD. Some ppl say u look like a douchebag if you wear biz formal everyday and some ppl say u won’t get judged for biz formal. I think biz formal makes me feel better and more productive so I was planning on doing biz formal.
Is there also a difference between SA and FT where it’s easier for you to get away with wearing suits all the time as a FT, or maybe it’s the other way around where it’s better to be biz formal all the time as SA but frowned upon as a FT?
Tips for BBs would be most helpful but it would be great to hear across the board for IBD these days on what’s acceptable
Nobody should (or likely will) judge you for dressing to impress.
Wear what makes you feel comfortable.
Nobody will judge you but no tie is the norm
Got judged for wearing tie but didn't care as it was a shitty regional player and sticked to my style.
But at my second internship I no longer wore a tie....
I usually wear a tie on the first day and then leave it out
Just wear a tie on the first day and if you see analysts and associates not wearing ties, take it off
Is this for your internship or FT? Just wear what people in your group wear.
At my bank, groups will dress a little different. Some it’s fine to wear a suit (no tie), and others wear whatever they want (jeans, untucked shirts, etc.)
Something lost on people before banking is that culture is very dependent on group. Would strongly advise to dress how the analysts/associates dress. Don’t want to be that intern that goes Gordon Gecko during the summer, because that will be noticed negatively.
It’s nice you like to dress up, but a blanket “nobody cares dress how you want” is poor advise. Just be a chameleon during your internship and don’t stand out too much.
This is coming from someone who wears a suit most days, and dresses slightly “above” what other juniors wear. Also because I go to a good number of client meetings and am a high performer where I feel comfortable to dress up.
Thanks for the thorough advice. I was mainly curious about SA but given that I I wouldn’t want to switch out of banking until 2 years or so of FT I guess FT applies as well.
I’m not familiar with gecko but I’m assuming it’s a luxury brand? Would you say suits from places like Suitsupply also are grounds for coming off as a douche if I wear a tie? I’m sure it’s best to blend in but I rly didn’t think it’s such a big deal to wear the traditional biz formal, so this is helpful to know before I start in the summer. Thank you so much!
Gordon Gekko is the main character in the movie Wall Street. He dresses like this:
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