PE MF over Banking? Is it worth it? Please Help
I have a dilemma I wanted to anonymously share with you guys: My dad is an MD at a top BB (think GS/JPM/MS) and has been tiger parenting me my whole life to become a banker like him. I'm finally at Wharton and now he's pushing me to go straight to MF PE... I'm so confused. I've setup my whole life to be a banker like him and now he wants me to do PE? Why would he want me to go straight to PE? I don't know too much about PE, and I certainly do not want to upset my dad, but it strikes me as a little dull and kind've like a dead-end. For example, we have a family friend who is a partner at KKR and he is a miserable man who has been through three wives. Plus, from what I have gathered from older friends, the prestige of PE is diluted a lot of nerds entering it from STEM backgrounds, diminishing its stature of being closed off circles of New York's elite.
Bottom line: is it worth it to do PE? Banking seems much cooler and I don't want to be associated with STEM nerds who don't have prestigious family histories.
Even though it may upset your dad, 100% go into IB. I went through a similar dilemma choosing between PE and IB, but at the superdays, I realized that everyone doing PE out of undergrad is a complete STEM nerd. PE is becoming slowly diminished by the entrance of nerds, and it doesn't carry the same social clout as it did in the 70's and 80's.
I agree, not to say there aren't STEM nerds in IB - there definitely exist some and they suck to work with. However, you find far and fewer of them as you climb the ranks, as the hierarchy of IB does a great job percolating the beauties.
Too many troll posts on WSO these days...
Ok "prospect"
What is your point lol
Excellent trolling
OP genuinely needs to choose between PE and IB. How is this a troll? This is a decision many top students (HYPSW) need to make, and having a post like this details the pros and cons of each side.
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