I'm a doctor and I'm better than bankers
Hey friends.
A bit of background. I graduated from Oxford Medical School a year ago with a BA in Neurosciences and BMBCh (Distinction) in Finals. Had a gap year and will be starting my foundation year training in 2 months or so (similar to American "residency").
So I'm a doctor and
I lol at your pathetic 100 hour work weeks I lol at you spending 14 hours a day on excel and powerpoint I lol at the fact it takes only GCSE level maths to do valuations. I thought bankers cried about how discounted cash flows were "hard" I lol at how you are treated like shit by your bosses. As Monkey Business stated you are, well, monkeys. I lol at how unstimulating, soulless and boring your jobs are I lol at how your only motivating factor is money, no way would anyone do this job if it was paid little I lol at how you only with your eye on multimillions, you get that when you're 10-15 years down the road and by that time, the prime of your life will be wasted away. I lol at how you think your job is "prestigious", when people barely know what investment bankers do. I lol at how you think you'll be more attractive to the opposite sex. I've heard people introduce themselves in bars as "I'm Phil and I work at Goldman Sachs". She had a confused look on her face. Lmao. I lol at how unbelievably unrewarding, dry and banal your work is and how hardened you must become after putting up with years and years of shit I lol at how you think people will respect you, only to realise, nobody really cares or respects you outside of the city
Hope this helps.
What's it like to be a valuable contributor to society??
Not that interesting. It's more about actually enjoying the job. I've worked 70 hour weeks with my dad before in an insurance office during admin work and I'll tell you something prospective bankers / anyone going into employment should know. Once you do 2-3 weeks of 13 hour days, you'll realise that the amount you make doesn't matter, your status doesn't matter, your prestige doesn't matter. Nothing fucking matters, except that you just want to be able to actually tolerate your job. In medicine, the work is interesting, constant problem solving, if you're interested in how your body works even better and most of all, helping someone feels great. With regards to investment bankers, I cannot comprehend how you find the work interesting. My Engineering friends from Oxford who went into investment banking said that nobody likes ther fucking job (apart from a smattering of traders and equity researchers). They're all in it for the money. Nobody can put up with the hours and the mind numbing work. Most of them just have their eyes on the big prize. They want to be the next Soros or Paulson.
And with that, I let out a hearty LOL.
hey doctor, i LOL that you have to sniff our anuses during prostate exams
Maybe a few times during our training
Unfortunately you'll be sniffing your bosses anoos daily, seeing as you'll be pretty far up his ass.
These questions will make me too easily identifiable. Have you heard of the Norrington table? Well it did extremely well on that. That's all I'm saying.
Foundation training, again it will make me easily identifiable because I'm only one of two people from Oxford working there. But I'll be working in the midlands.
love how you complain about bankers attitudes when you literally seem to be the stereotype
Haha, chill dude. I'm not superior to anyone (apart from investment bankers :D)
And no you won't be retired. You're a deluded wannabe investment banker, with deluded aspirations. Also I can tell you haven't read my posts, because I have no debts. Have fun throwing this decade of your life away. You won't be retired by 30. Even at 40, that's a push. Must be a jump going from working all day to nothing. Might top yourself out of all the free time you don't know how to spend. You seem like a clueless, deluded little 20 year who thinks that if he gets into finance, he'll be the next Soros. You're clueless boy.
I must have struck a nerve, as I was one of the few to get a response. You faggot, are you really sitting over there reading this? Shouldn't you be out saving babies or something....or are you just a prestige whore?
I'm older than you and have already been working for a while, and rest assured: I'll be done with this rat race in a decade. I do this because I like it: I've had other jobs, and this works for me. I've also helped a number of people find jobs so they can support themselves, and in some cases to take care of their family.You still didn't answer my primary allegation: what shortcoming are you in denial of that drives you to get into a dick measuring contest with people in another career? Without an answer, this is the default assumption:
For what it's worth, I have doctors in my family and know what the deal is: I chose this instead.Also, if you think I'm clueless, how about you actually man up and come over to NYC. If you can refrain from being a douche for a few hours, I and some friends will show you a good time. We'll also show you just how baseless your assumptions are.....trust me when I say that I'm anything but clueless.
In summare: Gongrats on being an MDiety, you cock. No one cares. Don't kill any patients while you're preening in the mirror. One other thing: Fuck Oxford, Fuck the U.K. and fuck you. How about pulling this attitude in person, BITCH
Summering:
Props for going the medical route. If I wasn't a little squeamish I might have looked into that a bit more seriously.
However, I think you misunderstand why a lot of people do banking. Doing the 2 year analyst stint opens up a lot of doors for those that make it through. They can get into top MBA programs, move onto VC/HFs/PE funds, corporate finance, etc.
Besides the exit opportunities it's highly beneficial as far as personal development. It teaches you how to be a workhorse, how to go balls out for 80 hours per week. You have the opportunity to do things most people don't get to do until they're 10 years into their career, like meeting with CEOs and top executives. You get to build a network that's unparalleled in entry-level jobs.
Banking might not be the best job in the world, or the most satisfying, but it creates opportunities for people's future. Some do, in fact, enjoy the deal process. I think you're getting the wrong idea about it. Just like in any profession (as a doctor, I'm sure you know) you're going to have to deal with douchebags. A lot of the younger guys come on here with a skewed view of what banking is. I think WSO's Certified Users do a good job of dispelling the myths behind what IB does provide.
Anyways, thanks for coming by. Challenging people's views is great, it gives us an opportunity to reevaluate why we do what we do. Best of luck to you in your career!