Banking Jobs During a Recession

During recessions, what happens to IB jobs? Does it become extremely hard to break in? I hear a recession is coming, what do you think the economic climate will be in 2025-2027 (Approx. the year I graduate)?

5,965 WSO Academy Investment Banking Session Reviews: 4.82/5

Class of '25 Nov 2026 Cohort

5.00/5

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“Parsita was extremely helpful with providing me a detailed breakdown on the different areas of an investment bank, from which I was able to gain a greater understanding into which areas I would like to focus on. She also was able to provide me a breakdown of the areas within sales and traading. Overall the meeting was extremely helpful and insightful, I would definitely reccomend her to anyone else who would like to gain a up to date, in industry, understanding of areas within IB. In particular which areas are growing more than others.”

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Class of '28 Nov 2026 Cohort

4.70/5

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“I recently had my first roadmap meeting with a mentor from WSO Academy, and it was truly a pleasure. We had such an open, genuine, and insightful conversation. What I appreciated most was how closely his background, career path, and long-term vision aligned with my own ambitions. It was almost as if we shared the same goals and outlook on the future, which made the conversation even more valuable. We discussed a wide range of topics, including starting my career in an analyst role in the APAC region, potential pathways into private equity, and how to eventually transition into the U.S. market. We also talked about opportunities in the Middle East and Europe, the importance of building and maintaining a strong professional network, and even the possibility of starting my own company in the long term. He shared valuable advice on the next steps I should take and how to approach my career strategically. What made the meeting particularly special was how approachable, supportive, and genuinely interested he was in my ambitions. Since I’m currently completing my internship in Singapore and he will also be visiting Singapore soon, we’re planning to meet for a coffee chat, which I’m really looking forward to. Overall, I’m extremely grateful for this experience. It was a genuinely inspiring, helpful, and insightful conversation that made me even more confident about my decision to join WSO Academy. I feel fortunate to have connected with a mentor whose experience and vision align so closely with the career path I hope to pursue.”

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2 Comments

IB

Analyst 2 in IB-M&A

4y

Funniest

nobody knows when a recession is coming. If we all did we wouldn’t be aligning logos.

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Authored by: Certified Investment Banking Professional - 2nd Year AnalystCertified Investment Banking Pro

red_bandit

CF

4y

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Authored by: Certified Corporate Finance Professional - ManagerCertified Corporate Finance Pro

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Banking Jobs During a Recession

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Banking Jobs During a Recession

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