Context: Starting work as a full-time analyst at a MM firm in June, however, a little worried about the high-turnover, particularly among analysts and associates.
What advice would you give for someone who wants to build a career here?
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don't. just use it as a stepping stone to somewhere better
No point worrying about it
And also you never know how you are gonna find it. Only your personal experience matters remember. I had the same fear back before joining my bank which was a proper sweatshop with a crazy rate of turnover. Worked like a horse but made the most of it. Learned a ton, made friends and would do it again despite the 3ams. Go in with an open mind and figure it out as you go. Control what you can control and accept what you can’t - you’ve made your decision to join
Additionally, I would say that most IB/PE positions are not for most. A lot of people who join the industry realize this in their first few years as well. These roles can be very demanding and there are a lot of great ways to have good careers and outcomes outside of the IB/PE route, that lets you have a life outside of work.
Yes exactly
A lot of people who join the industry realize it’s not for them / it’s too intense etc. But maybe you’re cut for it. These are very intense job and you can understand how it’s normal for most people to fall out of love quickly
Don’t let that scare you. Bag the experience and make the most of it
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