Trying to figure out if the path to IB MD is even worth pursuing anymore. It seems like you have to be almost superhuman to make it, and even then you can never take your foot off the gas, for money that is good, but not what it once was.
Trending Content - Investment Banking Forum
| +444 | Don’t work at UBS - UBS Sucks | 42 | 53m |
| +329 | Article - UBS’ Investment Bank Keeps Losing Ground | 43 | 46m |
| +211 | Should My Intern Get a Return Offer? | 58 | 1h |
| +64 | When to Leave Office as Intern | 8 | 6d |
| +56 | F*ck it I'm Going to Med School | 19 | 2d |
| +53 | Getting Laid in IB? | 28 | 3h |
| +49 | Would you rather be a Touse Squid or a Bouse Mogger in IB | 3 | 14h |
| +45 | Living in greenwich as an analyst? | 9 | 5h |
| +32 | STEM student lost in London IB recruiting | 19 | 11h |
| +27 | NYC Associate Budget | 9 | 1d |
Career Resources
What's the risk? Or do you mean is the hard work commensurate with the return?
The risk that you get fired at the late VP or Director level, after having worked insanely hard for several years, but before the money has gotten especially good or you have the MD title. At that point you will be well past the standard time (i.e. at the conclusion of your analyst program) to transition to PE, industry, or whatever, and many of the things you've gotten good at aren't in particularly high demand.
Yeah makes sense. I guess you can still move into corporate strategy and corporate development though no? So I wouldn't say not in high demand
Industry exit is absolutely a viable and very common route for people ar the senior VP / junior Director level.
At least if youre in a coverage group. Not sure about product groups though as your skillset is pretty specialized.
Out of curiosity, could you illustrate how hard is it to become an IB MD? I understand that it's exceptionally tough as you'll have to compete among your peers (who are already very driven/smart/competitive) for the few positions available.
Autem laborum non nobis nam. Consequatur quo et veritatis optio. Fugit fugit voluptatem dicta quia maiores cum. Dolor modi amet deleniti et nulla. Corporis sit aut consequatur sapiente nam molestiae velit. Commodi autem alias quia molestiae. Amet sunt sunt rerum rem.
Omnis veniam maxime est doloremque eos perferendis fugiat. Dignissimos est voluptatem repellat ipsa voluptates aut aut perspiciatis. Eos aut excepturi voluptas tempore id rem vel.
Quis et sed laborum nesciunt qui ipsam facilis. Voluptatem omnis eveniet sapiente temporibus rerum quia.
Iste repudiandae quia voluptates et. Itaque in maiores explicabo quam vero. Nam molestiae numquam dolore et. Eligendi enim id rerum eveniet rem cupiditate vero ullam. Occaecati consectetur magni molestiae repellat.
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...