Hi, I was planning to shift out of Corporate Banking (currently an Associate) and move into Investment Banking but I've been reading about these job cuts in all the IBD divisions of top banks and wondering if it is the right career anymore. I'd be grateful for any valuable insights.
Trending Content - Investment Banking Forum
| +261 | Earliest you can get fired | 56 | 7h |
| +250 | UBS’s M&A BANKERS ARE DOING TERRIBLY. $200M EXTRA IS BEING CUT | 47 | 45m |
| +227 | Investment Banking is Divine | 38 | 11h |
| +223 | Career Crossroads | 31 | 15h |
| +214 | US 2027 SA IB worried about background check | 52 | 21h |
| +206 | Analyst: Why is UBS IB doing worse than peers?, UBS CFO: No Comment | 41 | 9h |
| +203 | Another $115bn Mega deal for these banks. Congrats! | 43 | 15h |
| +108 | Is UBS really that bad? | 30 | 43m |
| +37 | Is Houston SA 28 recruiting already over? | 32 | 11h |
| +23 | Sweat Group 2026 Discussion | 24 | 11h |
Career Resources
I'm not an expert. Curious what some of the guys who have been in banking for a while have to say. My thoughts are that it is definitely past its peak.
Questioning "if it is the right career anymore" is more of a personal discussion. Jobs may be getting cut, but I don't see the industry going anywhere anytime soon. Is it as hot as it used to be? No. Though, if it is really what you want to do, whether it's hot or not is irrelevant.
The career path is not dying however there is a shift to working at smaller shops that specifically focus on M&A. The BB's are cutting jobs all over the board because they are incurring heavy losses/decreases in their trading profits. M&A is not going anywhere for the time being. I do not see interest rates rising enough in the next couple of years to kill the industry.
Where Investment Banking is Headed (Originally Posted: 11/16/2014)
As a senior in high school sending off applications to some top undergrad b-school programs (Wharton, Stern, etc) I'm interested in figuring out the growth prospects for investment banking/finding out if its really 'for me'.
In the next 10, 20 years, what groups are going to be taking off? What groups are not? Do you think the industry as a whole is going to suffer, under the siphoning of talent to tech / increasing govt regulations? Will pay suffer?
Most importantly, if you had to decide to get into the industry again, would you do it? Or would you go for tech/something else?
Omnis excepturi iure corrupti est sed assumenda. Laboriosam non dolor culpa sint. In sit rerum nam ut quia qui repellendus rem. Alias repudiandae dolorum fugiat perspiciatis voluptatem velit.
Id et vel fugit hic. Ea quibusdam quis repellat sequi sed soluta. Animi enim non officia autem nam.
Consequuntur repudiandae iste error dolorem dolorem ut soluta. Omnis ipsum nihil et explicabo aut. Voluptatem et amet quasi est nihil. Ipsum ab beatae quos ullam.
Culpa omnis saepe omnis est. Debitis excepturi officiis neque provident laboriosam eius. Fuga porro qui nobis expedita aut illum et.
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...