Anyone else not used to excess corporate spending?

Hopefully someone else will appreciate this as well but when I joined “high finance” I did not expect this level of expenses for basic items like food and travel. $500 for a flight when I can just take the bus? $3000 client dinner for no observable return? I also have to remind myself that those at the top are making significantly more despite similar hours / skills. But still it feels excessive…

2 Comments
 
Most Helpful

Yeah bro nobody is taking the fucking bus for some bs work trip. And the point of that $3k client dinner is that a single conversation from that could (potentially) result in a multi-million dollar fee somewhere down the road, worth the expense. What is $3k out of $5 million on a % basis? The answer is 0.06% - you need to think bigger big guy.   

 

Est quia aut mollitia autem veritatis quos. Occaecati eius eum velit rerum quia sapiente cupiditate aut. Sequi veritatis facere vitae aliquid in velit voluptatem. Et repellat aliquid voluptate praesentium eum. Excepturi et suscipit eos fuga a ut. Est qui dolor in repudiandae.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
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...”