They said i had a good attitude and strong work ethic but I “didn’t get it”. They’re giving me 2 months to get another job. I’m deflated. Do i even try to rerecruit for IB or should i just go to PWM route (which i totally wouldn’t mind)
| +177 | Analyst: Why is UBS IB doing worse than peers?, UBS CFO: No Comment | 31 | 3h |
| +163 | UBS Tech layoff | 52 | 2d |
| +149 | UBS’s M&A BANKERS ARE DOING TERRIBLY. $200M EXTRA IS BEING CUT | 31 | 1d |
| +141 | Leaked Interview Questions to Recruiting Services | 61 | 17m |
| +65 | How do YOU manage networking requests? | 20 | 19h |
| +61 | Are target prospects getting dumber? | 27 | 1d |
| +34 | MBB Pay Raises | 26 | 3d |
| +24 | Career Crossroads | 5 | 2m |
| +24 | Investment Banking is Divine | 5 | 1h |
| +22 | US 2027 SA IB worried about background check | 8 | 5h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
What kind of bank was this? Regional? BB? MM? EB?
regional
Very normal for that to happen. Their analyst programs are anomalous to institutional banks, kinda like the Wild West. You be fine your experience isn’t abnormal.
That makes me feel better. the whole thing was bizarre - not a single day of training and I was the only analyst brought on. just sucks to have to apply and interview all over again, but this time with rent to pay. live and learn...
Sorry to hear, that really sucks. Echoing the previous reply - started at a regional boutique years ago around the same time as two other analysts and both were fired 6 months in.
My advice would be try and reflect on what went wrong from their prospective and improve the best you can. Also doesn't hurt to do some soul searching to figure out if IB is really what you want to do. You'd be surprised at what else is out there that may peak your interest.
if you don’t mind sharing, what did the 2 analyst do after they got canned?
What happened to them?
Natus saepe optio non voluptatem. Nam non sed facilis quasi. Omnis recusandae deleniti earum error. Provident voluptatem tenetur amet harum facilis eum aliquid. Sit in dolore quos consectetur officia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...