Are you happy?
You read the fucking title. Directed at people working in investment banking. Be genuine in your responses.
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Not really but I’m leaving soon
Not at all
I’m having a good time. After a year in the whole thing is not nearly as bad as people make it seem. Have a good appreciation for the other analysts (most of us are tight), love the industry I specialize in, feel secure knowing I could leave and go to a great buy side shop or stay and make good money for a world class firm.
it sucks at times but embracing the suck and setting my expectations to zero has made the experience a lot more palatable and overall enjoyable.
incoming analyst - could you elaborate more on embracing the suck and having zero expectations? like expecting to never go out
also how much do you sleep a night
I may have been fortunate in this but even in bad weeks I sleep 4-5 hours a night. On a normal week I’ll push it and get 6-7-8. I’ve only worked a handful of Saturdays and most sundays are fine. I went out Thursday Friday and Saturday this week. Didn’t work at all today.
Week days are pretty much all work and sometimes all week til midnight or 2am, but given the deal environment lately weekends have been fine unless on live deals (and that’s only M&A rn). I think part of this is my group’s analyst headcount is built for 2021 deal volume and we don’t have that anymore, so we all get by easier
What I mean by embrace the suck is when it happens remind yourself why you’re doing it and remind yourself why you signed up for it in the first place. Remember it’s temporary. My expectations are that I’m “on the clock” until 2am on weekdays and all day Sunday - anything better than that is a gift. Most weeks are gifts. If you have an entitled mindset and expect it to be easy, you’re inevitably going to be disappointed.
Well considering my TC doesn't break 200k mark, no, I am not happy at all.
love my team, love my group, love my job; yeah it's tough but I enjoy going to work
No wtf there’s nothing to be happy about when you can’t make any plans, sleep 5 hours a night, and work every weekend
No and I don’t give a shit anymore about doing all the “top bucket” crap. Am cruising to cash my bonus next month then will fuck off, not sure what into but tempted by real estate or maybe even being a founder
No but I was a miserable fuck since like 3rd grade. The only thing that keeps me going in owning the libs and being better than people that work at boutiques
How can one man be so BASED
I honestly love my job. Really good co workers makes all the difference.
edit
banking is alright; just do a few years have a nice nest egg of savings and transition to what you actually wanna do
Fuck no.
Not really. Just finished up my first year. Enjoy my work, enjoy my industry coverage, enjoy my analyst class, but not appreciated on my team for the amount and quality of work I put in.
It’s time to take matters into my own hands. Planning to double down on fitness, ramp up interview prep, network like a mofo, and lateral to a better team. We’re all gonna make it.
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