I keep seeing people describe specific IBD groups as "Fratty". As someone who is in the fraternity, I am still slightly confused. Does this refer to the wardrobe/drinking/slang habits? Or is there some underlying approach of the group of handling things/designating work that is different from other groups?
Also, could someone comment about other group types (like nerds)? Does this type of thing actually impact people's choices of choosing teams?
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In a group that I would definitely consider fratty. Just demeanor - lot of chatting during the day, everyone from summers to senior bankers cuss like sailors, lot of drinking inside and outside the office. Few times this summer we (interns) were sent to go buy booze and bring it back to the office lol
the senior bankers ask you to buy booze?
Not in a "pledge go get me a sidewalk slammer" sort of way but in a "Hey its Friday here's my credit card could you get some beer and wine for the team?" sort of way
its code for "lots of white american born males"
srs
You’re racist
I know plenty of fratty groups with chill Asians and Hispanics. It just means not nerdy hardos
why? im not saying that asians or hispanics can't be "fratty".
what im saying, is generally the usage of the term "fratty" in terms of IB groups/teams generally coincides with a team of mostly white american born males.
Banking has a lot more women now and Indians/Asians (many on Visas) in banking. There's a FIG group at my bank that's probably 50% people not born in the USA. Several of our teams are the same (american BB) There are still some groups that look like the typical 1980s bullpen. People think of them as fratty. (harris williams, blair etc)
I mean it’s pretty intuitive and yes people care you spend 80+ hours per week with them. If you’re a nerd a fratty MD will think you’re a nerd. If you’re fratty a nerdy MD will think you’re unintelligent and unpolished.
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