"Corporate & Investment Banking" Analyst - Why?

Why do people like to put this down? Like if you're in IB you put down IB this is the equivalent of saying GS/UBS/MS. This it technicality-maxxing so hard Like you're a corporate banker or in S&T what is even the goal of trying to fool someone you're in IB.

27 Comments
 

Brother I am in CB… this is so true. Always the same insecure people just trying to graft an extra modicum of prestige onto their profile. You sell RCFs and treasury solutions and occasionally support the DCM team with small bits and pieces… everyone knows what corporate banking is just say it with your chest!

 
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Think about it this way. These groups are named Corporate and Investment Banking. CIB Analyst is your stated title. It’s on the offer letter.

So, on your resume and LinkedIn, do you put the title of the position listed on your offer? Or do you go out of your way to change your position title, all because you think you have to satisfy the wits of an investment banker with a superiority complex?

 

Who cares bro. As an ASS 1 in a BB IB group, IB has much less prestige than you think anyway, although you will be amongst the highest paid (if not the highest) in your friend group/social circle.

 

If you went to some shitty school sure. At the Ivy League and other target schools, these quant and MLE kids are graduating with $300k+ offers. Not just one or two per school either. Know multiple people in my senior class—normal kids, not quiet nerds—with offers for $500k+ in quant. $300k+ in ML/AI. IB isn’t what it used to be, and it’s no longer the top choice for smart kids looking to make a lot of money.

I agree w you about prestige, but am just saying this to push back on the among-highest-paid-in-friend group idea. Seems like IB comp is actually at most the “normal earnings” amongst grads who are entering industry right after college. Obviously much higher than the median American and we’re all incredibly lucky

 

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