8 Comments
 

Based on previous WSO threads, here are some insights on whether professionals would choose to stay in finance or switch to a different sector if they had to start over:

  1. Switching to Tech or Quant Roles:

    • Many professionals mentioned they would consider moving to tech or becoming a Quant. The appeal of these fields often lies in the different work-life balance and the nature of the work itself.
  2. Staying in Finance:

    • Some individuals, despite the challenges, would still choose finance. They appreciate the skills and experiences gained, even if the journey was tough. For instance, one user mentioned that while they wouldn't want to relive the grueling hours, the knowledge and career advancement were invaluable.
  3. Personal Preferences:

    • A user shared their experience of switching from a Computer Science major to a Math and Economics double major because they disliked coding. They found more satisfaction in finance, even though it also required long hours.
  4. Investment Banking Experience:

    • Another user highlighted that their time in investment banking was crucial for developing analytical skills and wouldn't trade that experience, despite the demanding nature of the job.
  5. Career Reflections:

    • Reflecting on college decisions, some users would have made different choices regarding internships, networking, and even the schools they attended to better align with their career goals in high finance.

In summary, while some professionals would consider different paths, many still value their finance careers for the skills and opportunities they provided. The decision often hinges on personal interests and the specific experiences one had in their career journey.

Sources: If you could start over, would you still be in Finance?, Would you redo IB again, Q&A: Completed Four Years of Banking, You Get to Redo College

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 
Most Helpful

As someone who's trying to recruit full time, I wouldve joined the sweaty finance clubs and taken an easier major to keep my gpa up. And also have had the interest in IB my freshman year so I wouldve known when SA recruiting started

 

I would have gone to a target - I got the grades for it, but didn't realise I wanted to do IB until the end of my first year. Interning at an MM now with the return offer more or less in the bag, but it would've made my life far easier had I gone to a target

 

Aperiam fugiat voluptates libero id et numquam. Accusamus sunt dignissimos omnis sint veniam. Et odit aspernatur itaque eum reprehenderit. Voluptate et et earum excepturi non sed dolor esse.

Et aut ut libero quis nobis unde. Aut odit sed eveniet ipsam. Incidunt placeat ut facere quos officiis est nemo iste. Accusantium quia sit quia ut. Ut quos quis beatae nulla dolorum minus eum. Consequatur ut dolorem exercitationem. Suscipit aut sed ut quis facere voluptatem.

Odit enim labore ut quia debitis officiis earum. Eveniet nobis ea iure dolores nobis omnis. Et ratione et earum. Quia sed neque sit dolore architecto est. Architecto necessitatibus id sed consequatur quo.

Quam animi enim ea excepturi magnam enim. Optio voluptatem dolores veritatis iusto ducimus earum quia necessitatibus. Aliquam velit rem labore repellat et ea a. Quisquam inventore ut molestias labore temporibus. Vel id libero minima occaecati deserunt maxime. Corporis ut aut sit fugit aut.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (24) $180
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (82) $151
  • Intern/Summer Analyst (73) $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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
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...”