Ranking the IB Hierarchy from Best to Worst
1) Intern - low expectations, no pressure, enjoy the city
2) MD - Have lemmings for days to do your work, ride a few good relationships to $$$
3) VP - can get away with being lazy, have juniors to crank the work and seniors to make the money, constantly question their existence
4) Director - pretty easy overall but need to start to focus on selling, constantly on the chopping block
5) Analyst - Pumps out the most volume but gets cover from most of the shit via associates
6) India Team - thankless, boring work but with no pressure
7) Getting hit by a truck - 90% chance of dying, worker’s comp possibility
8) Associate - responsible for everything, gets shit on for anything that goes wrong, no cover and a lot of work
9) Printing Team - are given last-minute materials by angry and sleep deprived juniors 20 years younger than them
Did I miss anyone?
Honestly, pretty fair. I'd split VP into "Cruising" and "Looking to get Promoted" categories. The ones who want make Director are probably below Analyst. The ones who are cruising are probably above Intern.
I'd put "VDR sales bro" near the top of the list. Literally nothing but MLB games and steak dinners followed by absolutely zero work.
Our VDR guy added my entire analyst class on linkedin
At my bank analysts could take undisturbed vacation time while MDs seemed to always be plugged in; got to listen in on a few calls with various MDs who were working on vacation because of their client's needs. Just an interesting observation
There was also the accounting team going after bankers of all levels expensing things they shouldn't have
Got a car home from the office at 8:55pm and our accountant called me out for trying to expense it…
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