Does anyone else think that insanely early IB recruiting is incredibly unfair to undergrad kids?
Little back ground: I'm currently an analyst at a boutique in NYC and broke into IB due to sheer luck after graduating from undergrad in may from a non-target. I started at my boutique a month ago and like what i do and definitely like IB work (go figure lol). Before starting the analyst stint I worked as an intern at a brokerage shop for 8 months after graduating and just figured out what it is I wanted to do (and still am tbh with you all but I have a better sense of my direction after experiencing more of life and following things that interest me)
My reason for this post is that recently an undergrad student from Wharton cold called our firm for a summer internship out our no name boutique. Granted I understand that you have to hustle and grind and to push for what you want in life but I honestly think this is ridiculous for the 2 reasons. 1. The girl was from Wharton and you'd expect the target school kids to have no issue landing a summer analyst stint at IB. 2. The girl was 19, a fucking sophomore in college. The reason this has me all fucked up is because when i was 19 i spent my time working as a lifeguard on the beach, getting paid to get tan, jacked, chill on the beach with my friends, and flirt with girls all day! at 19 the last thing on my mind was to land a job out of school! Shout out to my man David Solomon but i think he's right, it's ridiculous to have kids be forced to choose a career for the rest of their lives so early on. The guy spent his summers being a camp counselor enjoying his summers and probably chasing girls.
Does anyone else think that the level of competition and recruiting timeline has gotten WAAAAY out of control and is just unfair for kids who don't even know themselves or what they want yet?
I just don't understand why banks are so scared of losing all this supposed "top talent." Legit all the work that I've been doing is just paper pushing, be it building CIMs or editing documents, IB work is just not difficult and doesn't require you to be a literal genius who will push the boundaries of man kind.
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