Gave it my All - Feel Betrayed

Third year coming to an end. I gave it my all. Fired or not I won’t be down on myself. Mistakes here and there but people know I worked really hard but I’ve started to worry.

Got pretty solid reviews first 6 months. But have struggled lately due to being constantly worked to the ground, having to work with first years that can’t do even simple tasks which make me look bad (and I have my other projects where I’m solo with VP) and lastly, have hard time connecting with seniors above me. As I got more worried, I asked for feedback and was told not ready for associate.

At the same time, my group is so understaffed that I am technically one on all my deals. I also was told I did really well on the live deal that I worked on which will be the only one to close. Recently one VP that I felt liked me at first and then has shunned me the past 6 months is making a real effort on giving me advice, what I should be doing at the next level, and getting staffed on a mini project just with him. He was the one who told me I’m not ready though.

Joined this new bank (i.e Cowen, HW) in a very specific group from a very small bank with no training, no name. Is he just being nice because bad news is coming?

Region

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”