Advice
I need some advice. I have been fortunate enough to receive a return offer from my internship at a boutique investment bank. Overall, it was a great experience and the team was super knowledgeable with everyone coming from well-known banks (this is a newer shop). I am planning on taking the offer, but I just feel like I am copping out. I do not even know why, I worked really hard over the summer, but going to a target school, I see others going to BBs and EBs and keep thinking I am being left behind. Did anyone else feel like this? Maybe it is because I did not get to do a lot of modeling this summer. Is that normal? I knew I would not get a ton of modelling experience, but my MDs mainly gave me PPT stuff to do.
Life is not a race. I can tell you that most people who enter IB fizzle out and end up in corp dev or asset management. Stop trying to one up others around you. Comparing yourself to your peers is a natural thing to do, especially while still young, but don't let that change your views on what it is you want out of life, because believe it or not, 5 years down the line you won't give a shit what Daniel from your finance club is up to, because you'll be living a good life. That is, of course, if you stick to what it is you want long term.
So, what is it you want long term? To stay in banking? To do a class 2+2+2? To start a family? To own a home? To start a business or firm of your own? Try to get some idea, and remember that these roles and jobs you're doing are means to an end, not the end point. Good luck
why do you say fizzle out is corp dev not a good career, Op i think this just depends on what your career goals are. If you think you will be satisfied stay otherwise try to go.
Not at all what I meant. Don't straw man my argument. I meant that people burn out quickly pursuing the path you're "supposed" to go down, in BB/EB IB->MF PE->whatever else, maybe MBA or HF. Most people burn out because they don't love the hours or don't like the work. Corp dev is relatively easy. I'm stating that, as a fact, you can likely get into the same places most people end up at with just boutique experience, meaning you'd be jumping to BB for what? For longer hours and a culture you're unfamiliar with?
I get you that makes sense
Comparison is the thief of joy.
I’m at a MM, I see people at BB/EB in “Top” groups yet I’ve learned to be happy with my situation.
I work 65-70 hours tops and will expect to clear 150-165 this year as an AN1. I’ve always been given the advice that the grass isn’t always greener on the other side
care to share group
Credit Group focusing on revolvers, terms, acquisition financing, some leveraged stuff
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