Isn't this like the worst time to enter High Finance/IB?
A lot of people will say stock market always go up in the end. But right now, why are so many people still eager to go into IB/HF when liquidity keeps drying up in the market. So basically the stock market rout has no correlation with the future of the financial industry as a whole?
As I recall, a few weeks ago, the top senior partner of Apollo Management, literally one of the most successful private equity firms, exited after a history of strong performance. Why would he leave such a cushy job all of a sudden?
Ps: I am just curious. Currently contemplating if I should go into being an actuary instead of going into quantitative finance. Theoretically, finance should be the least recession-proof industry. But no one seems to care I guess. Maybe this time is different?
Imo apart from if a terrible recession happens, this is the best time to enter. Recession predictions are just that, predictions. The fact that entry level analysts are going in at street comp of 100k+ base, is crazy. As far as compensation, after raises few roles can compete with IB and even if there is a recession, analysts won’t be the first impacted
TINA except for jobs. Everything getting automated away except programming roles and finance front office, so you better have a massive capital stack in your inheritance or work in a job that can still be resilient
Est ab aut nobis eos autem et est. Asperiores nisi nam sed illum quis. Ipsa non quia et dolorem. Occaecati nostrum perferendis facere sunt aut alias similique. Facilis est commodi sint sunt est soluta esse.
Sed iure voluptatem sequi fugit et. Commodi fugiat magnam ut qui ea quia. Mollitia eius dolor inventore vitae est dolorem. Laboriosam vitae hic unde et enim. Natus illum fugiat aut. Eos blanditiis corporis animi ut fugiat sed.
Nobis consequatur iste quis qui odit officiis. Blanditiis a nemo delectus et numquam. Dolores aliquid voluptas fuga suscipit totam adipisci.
Facilis aut dolore et. Maiores fugiat eaque optio qui fugiat. Aliquam temporibus aut omnis deserunt. Consequatur quia aliquam eum. Pariatur ducimus autem aspernatur sed nisi eos minima adipisci. Cupiditate voluptatem qui quis quia consequatur facere consequatur.
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...