Quitting IB for a more meaningful life

I’m a 24 year old second year analyst, looking at a promo to associate at the end of next year. I’ve realized that I’ve hated my life for a long time. When I was going through all my internships in finance and wasn’t enjoying it at all, I just assumed that this is what “adult life” is and I should give it a shot after graduating. 

As mentioned, I hate each day of my life and the money isn’t enough to justify me doing this anymore. I’m way more driven to a service-oriented role where I can give back to others in some way. It’s hard for me to get over the amount of time I’ve wasted. As much as people think IB is a golden ticket to anything in life, people in the fields I’m looking to get into truthfully don’t give a shit about my experience. 

Has anyone transitioned to a more service-oriented role after realizing finance isn’t for them? It makes me sick to think about ending up as a tied down loser like a lot of my seniors and leading a life of regret.

2 Comments
 

Id cumque aut qui dignissimos dolor qui voluptatem. Sed eos odit nihil.

Et facilis assumenda voluptatem omnis libero. Facilis aut voluptates velit. Rerum vel aperiam rem deleniti et.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”