Just left my IB club. Feels good.
Been having second thoughts about IB from the moment I found out about it.
Decided that the sacrifice had to be worth it cause of all the money I could make.
Realized that as much as money is an advantage, I would absolutely hate my life more than I do now and that just isn't an option for me.
I still want to work in finance but not like this.
Not sure if I should advise anyone else to do the same. The only thing I would advise you to do is think long and hard and remember that this is a 80wk job. You have to really want it to survive let alone succeed.
.
So people having similar thoughts can know they aren't alone.
You weren't gonna make it anyway
Oh well🤷🏿♂️
Hardooo
maybe wait until you actually have a job in the industry to say that, prospect
Congratulations, you've managed to achieve something that 90% of the prospects on this website will fail to do. I heard a saying a while back that went like this:
Fools don't learn from their mistakes.
Average people learn from their mistakes.
Wise men learn from the mistakes of others....
Great that you were able to listen to what many have said on this website and have decided early on that this is not for you!
Thanks man it took a lot of soul searching but I just realized that that lifestyle would make me a little too unhappy.
I get why there's so much monkey shit on this post but I do wish that more people on this site could realize that not working a 80+ hr/wk job doesn't make you weak.
I think many people are willing to see past 2 years of hard work and sacrifice to build a solid foundation and open themselves up to other non IB opportunities
This is a thoughtful post. I just got an offer for BB IB but I'm not sure if I want to take it anymore. I realized that 85k per year is not worth 70-80hr work weeks and sacrificing what are possibly the most important years of my life to be a disposable cog in the wheel
Most people on this forum are risk averse lemmings that want to take the least precarious path for a high compensation. Good for you OP
Thanks but I wouldn't say that about them.
I just wish they didn't have such big egos about going down the ap the they've chosen tho.
look in the mirror
Waiting for the freshman at Penn State to rip OP a new asshole by flexing his dominance as president of multiple finance clubs and an avid bootlicker. Good decision to recognize your strengths, it shows maturity and you don't get caught up in the Kool aid.
Have been having the exact same feelings lately. its just so hard to know if my reservations about IB are correct because i have been committed to this track for 2 years now.
It's ok to have those feelings. Just be honest with yourself and chose what you feel is right.
There's some old chinese proverb about being on the wrong path for a thousand years. The second you realize, you turn back.
Doesn't mean you have to leave the finance club-- if you end up in a leadership role that is still going to be a great resume line for corporate banking, trading, wealth management, literally anything finance-related which it sounds like you still want to do
Don't sweat it. The money at the analyst level is peanuts. Especially if you go to NYC. They're raising the state taxes there. These kids make living 4 deep in murray hill going to mr. purple on a friday night sound like the second coming of Henry Kravis in the 70's
Just graduated high school [will be going to a target] and was pretty dead set on a finance path - but found myself to be in a similar position where I'm questioning the actual implications a career in investment banking might have on my happiness and lifestyle for the future. Transitioning away from IB do you have an idea of what you want to do instead?
Et sunt dolor odio quidem recusandae. Magnam consequatur assumenda voluptas ut et blanditiis rem.
Id ad et molestiae dicta voluptates. Enim mollitia suscipit iusto quia molestiae ut. Fugiat quibusdam qui ad at ea. Amet ea eaque sed rerum ipsa. Aut non aut quasi suscipit 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...
Qui ab ea et dolorum neque quibusdam amet. Molestias exercitationem saepe sit velit. Porro ut sit repellat voluptate.
Amet voluptatem nostrum iusto commodi accusantium aliquam temporibus. Aliquam rerum ut iure deleniti. Quod dignissimos animi molestiae vel perferendis autem. Accusamus delectus natus eius dignissimos.
Reprehenderit ipsa numquam necessitatibus quae explicabo ut. Consectetur cum vero id. Qui perferendis et labore quia consequatur.
Harum voluptatibus omnis consequatur aut dolorem repellendus. Cumque vel id nostrum ea ipsa. Corrupti voluptatem omnis quis quis.