First Year Analyst Tips
Hey All,
I was wondering - when it comes to being a first year analyst in a BB (GS/MS/JPM), what are some top tips you more experienced members have? Of particular interest:
- How much office "politics" for juniors?
- Are you able to say "no" to people assigning you tasks when you're being overwhelmed? If so, how to tactfully do this?
Thanks all!
The first tip would be to know when to search for an answer yourself before asking someone else to give it to you.
Well, you could have simply
Instead of spending energy to post useless words. Making a new post allows more people to contribute their ideas that they wouldn't otherwise do. I suppose people with your mindset must think that once a question has an answer, all other possibilities are instantly exhausted. Thanks anyways.
Also curious- I know there have been numerous threads about this, but more advice is always appreciated
OP just got rekt
Really depends on the culture of the firm and the group. Be aware of how much politics there's going on around you and do what other's do. The worst thing is being spotted that you are trying to play games. The answer to this.. Just be normal. Only thing you need to do is stay longer than your associates.
Just be a normal person and communicate. Tell them what you are working on, for who, and how long do you think it'll take. Better not take a job than do it poorly.
Hope this helps, its really not that complicated so don't over think it.
re: question #1, "How much office 'politics' for juniors?"; not 100% sure what you mean here but if you think that you are too junior or otherwise wont' be impacted by office politics then you have already lost the game.
Understand the hierarchy of your immediate group/team. Take note of the different relationships and reputations that exist in your immediate group and across the entire IB division. The key here is to ID who is well liked, who brings in $$$ fees, who is a decision maker for certain things, etc etc etc.
While you are figuring this all out YOU need to focus being well liked(good attitude) and working hard(produce a good work product) which is of course obvious. This allows you to easily position yourself where you want or need to be once you figure that out.
And most importantly, don't forget to wear your napkin.
All right guys - thank you for the advice. Never was a fan of politics but I suppose it comes with the territory!
Not as much, but just be careful about not being collateral damage. Your primary concern should be deciding who you would like to work with (associate, VPs, MDs). If you make an effort to know them and volunteer for their projects, it will be a very different experience (in a good way).
Yes. There are 2 ways. The best way would be through your staffer who manages your projects, where you could direct the requests through him/her. The staffer will usually have a good idea of what your actual capacity is. Otherwise, if an MD comes to you directly, it's up to you to decide if you want to take on the extra work for goodwill purposes, or explain that you have 3 deliverables in the next 9 hours, and you won't be able to get to their project until after those. Assuming the project is time sensitive, hopefully they'll ask someone else.
Think your question is a little too broad, the advice obviously differs if you're in an elite group like MS M&A or GS TMT versus being a peon in some lowly backwater wasteland like GS CRHC or MS P&U. And don't even get me started if you're at BX R&R or M&A, the advice for the young demigods in those groups wouldn't even make sense for the mere mortals at GS or MS.
I suppose it would be an "elite" group. Still a mortal unlike BX though
I know who you are lol!
Get off WSO kid
STAND ON YOUR CHAIR AND SCREAM ON THE PHONE
It's called peacocking.. and it's how you let everyone know u r top bucket and to not duck with you
Can't offer any advice but this might help:
http://www.wallstreetoasis.com/forums/15-things-i-wish-i-knew-as-a-firs…
Advice for Incoming 1st Yr Analyst at BB - Breaking into PE (Originally Posted: 09/07/2012)
Wondering what's your advice for incoming 1st Year Analysts at BB who want to break into big PE after several years in banking?
I am graduating this Dec and will have half a year before I start to work full time. Some of plans I could take after I graduate are:
Would much appreciate your advice! Thank you so much in advance!
Why don't you just focus on your current job? The work you do and skills you learn during your time as an analyst should help sculpt you for the transition into PE.
Options 4 and especially 5, all the way.
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