Do people IB realize the cuck they have become?
Being in IB makes you ask whether the only reason for joining was to “comply” with what was around you and assimilate to the environment you were in, be that college, friends, or family.
I understand most people in IB are risk-averse, but I feel like many lie to themselves about being in this industry, thinking it’s the road to “success.” The pay isn’t even that good, lmao, and it puts you in a cuck mentality. MDs aren’t even what you thought they’d live up to, especially when you realize the sack of shit they take, alongside their pay being pretty bad relative to the sacrifice.
Nice to realize this whole sell-side to buy-side obsession is antiquated and outdated, and there are so many other opportunities to go into. The main question is, when will people stop lying to themselves and actually think for themselves for once?
somebody call the circus manager, the clown has escaped again
so ur the cuck?
c.u.c.k
somebody call the zoo manager, the monkey has escaped again
enjoy ur mediocre salary lmao.
Aren't you literally a student? Have you even graduated?
Sorry the IB interviews didn’t go well for you :(
Hey there’s always being a cashier for McDonalds!
lol, 2/10 for effort.
better then being a 10/10 for mediocrity and low EQ (that’s you)
do you appreciate how jealous, pathetic, and insecure you sound? That’s the low EQ part
What kind of loser goes online in a random forum to critique some industry they clearly don’t know because they couldn’t get a job, got fired from it or couldn’t mentally hack it? That’s the mediocrity part. I am also guessing you are a virgin who still lives at home given your weak reply to my comment.
Please honor your TRA and leave your ex alone and please don’t go near little kids at school. Loser.
have u even stepped inside a bank
I doubt you even work in the roles or firms you criticize. You're in your uni bedroom trolling on WSO meanwhile those guys you shit can actually afford to take a girl out for dinner without having to ask their daddy for some money (as you do I guess, assuming u even leave ur dorm to socialize)
and now that you're done, go do your homework for Monday to get good grades like a good lil kid still naive and distant from real life, or you might be the cashier on which those sleep deprived analysts will hit 1% tip and make you cry inside if u don't get good grades :(
been there done that... am criticizing the c.u.c.k.s not the firms themselves and clearly the post reached my target audience. don't think i'll ever need to worry about that cashier job but i'll show some compassion to u and make sure to leave u more than a 1% tip mr.restless lmao.
the truth is those posts carry some sort of resentment
if you do your work, have no negative feedback, and feel part of the team in the sense that you chit chat with everyone throughout the day and get considered and acknowledged by your seniors, then you're in a neutral mental state regarding your job (or even a positive one despite the hours).
if you feel that overall the experience/the job sucked, you probably haven't fittied in the team/had lame seniors/did mediocre work product that wasn't praised
I'm in IB and this is true.
Only push back is that there are only a few other fields that pay as much (specifically fields that don't require extra schooling).
It's true, though. You're not going to become a billionaire in IB.
This mentality is silly for a couple main reasons. I'd say the biggest is the lack of understanding of an investor mindset. I don't mean investing in the sense of securities but in the sense of investing in yourself.
I agree, in the short term IB pay isn't anywhere near what it once was and you are pretty much signing up to be an oncall b*tch for 2 yrs. No, that is not glamourous. While those 2yrs suck, if done correctly, post those 2yrs, you should be virtually debt free + solid savings, in a solid and lively location, have great connections from your analyst class + previous employees at your firm and a decent freedom to switch into jobs you actually care about going forward into the future.
Not to mention, not everyone has a solid startup idea/personal business ready to go out of undergrad and in most cases it's kinda silly to start with that unless you know it will be 100% successful (which is basically never). I eventually do want to pursue that goal, however, why would I force it now when I don't have a great idea, don't have any credibility to my name and don't have free flowing savings when instead after 2 yrs have all of those things + the time to actually come up with a good idea.
Not to mention, jobs like IB help build subject matter expertise faster than anything else. While yes, at junior levels, rearranging ppts won't make you a master of industry, it'll make you a master of efficiency. Being able to do the little things right and 3x faster than anyone else is a legitimate skill built in IB that you almost never lose and makes you better at any other job for the rest of your career.
Bro had enough of “thank you for applying to the investment banking analyst role at xxx, unfortunately….” emails and went straight to WSO 😂💀
Nah, for real 😂, He said I ain’t calling anyone to say thanks for the opportunity or staying persistent despite the setbacks I’mma just crash out on WSO😭😭. Bless his heart cause I know he going through it
already done my SA with a return...
Didn't you make a post titled No life, only work where you talked about how you didn't have any hobbies
I'm not sure how we went from such great quotes like:
1. "Even if I had the time, I wouldn’t want to pursue them because I'd rather work"
2. "I worked on Christmas and New Year's last year by choice"
3. I see it like this: i) burnout (maybe) or ii) continue working and let that define my life.
4. "Both of my parents are bankers" (now cucks?)
And my personal favorite LOL
5. "I can turn my charisma on like a faucet, so I’m not some wildebeest-looking ogre who can’t socialize or doesn’t have friends."
Many people on the forum warned you about how much of a grind the industry is, so it is a bit funny that you've gone from being Mr. Work Machine to this after 6 months on the job.
To the prospects currently in school looking to break into the industry: I think banking is an incredibly rewarding experience that you only fully appreciate with the benefit of hindsight, but no matter how painful people make it out to be on the forum know that its 10x worse than that (especially through your analyst years). Everyone thinks they're the one who's built different - you're probably not. The industry is not for everyone and that's okay - there are thousands of ways that your career will evolve and every industry professional will tell you that there's more to life than working at GS, McKinsey, Blackstone, Pershing, etc.
Work really is just one part of your life and there are millions of ways of becoming wealthy; it's more important that you know why you're trying to break into the industry (compensation, prestige, as a stepping stone etc.). Without a North Star, you can spend a lot more time than you expect chasing something that you think will make you happy, only to realize when you get it that you were chasing the wrong things.
To OP: I'm genuinely sorry that you're feeling this way; the industry is cruel and can be inhumane at times, but know that it gets better. Not because the work gets easier, but because you get smarter, better, faster. I promise there's light at the end of the tunnel even though it feels bleak now. Take care of yourself as best you can - invest in your sleep quality, eat right at work, try to fit in as much exercise as you can, and remember to reach out friends/family/loved ones - it sounds cliche but the first principles are the best principles. Also remember that you can leave whenever you want to another firm or even a whole new industry (IB -> medicine/consulting/tech etc.), the only thing that traps you is your expectations of yourself.
Nice post.
OP can’t hack after 6 mos. He is a broken man.
The irony of this post is incredible. Someone or something in banking hurt you so bad that felt the need to write up this long ass post to a bunch of anonymous internet strangers, spewing words for attention and validation, just because you have no one in your personal life to talk to. Sorry about whatever happened to you son. It’s tough out there
He just couldn't turn on his charisma on command anymore
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