12 Comments
 

Depends on the definition of burn out. Those who quit early without a PE / HF opportunity lined up? Those who move into other areas of finance early? Those who quit without anything lined up?

"For all the tribulations in our lives, for all the troubles that remain in the world, the decline of violence is an accomplishment we can savor, and an impetus to cherish the forces of civilization and enlightenment that made it possible."
 

Let's say we have 2 categories of burn-out 1) Don't get into PF/HE or promoted to associate from MBA. 2) Have to quit finance completely and becoming a high school math teacher or something like that.

 
pryan20161) Don't get into PF/HE or promoted to associate from MBA.

That's a pretty broad definition of burn out, and it's highly group-specific. But I'd benchmark around 30-50%.

2) Have to quit finance completely and becoming a high school math teacher or something like that.

Quitting finance entirely is the complete opposite end of the spectrum and would indicate that someone just made a horrible career choice. I'd say this is on the order of 5-10%.

"For all the tribulations in our lives, for all the troubles that remain in the world, the decline of violence is an accomplishment we can savor, and an impetus to cherish the forces of civilization and enlightenment that made it possible."
 

and for option 2), this would imply that they couldn't handle the high stress and (on an extreme level) maybe have to go to a mental institute

 
pryan2016and for option 2), this would imply that they couldn't handle the high stress and (on an extreme level) maybe have to go to a mental institute

I don't think I'd go that far. I know some pretty sane and level-headed people that have quit their IB jobs. It's not for everyone, and people definitely burn out.

"For all the tribulations in our lives, for all the troubles that remain in the world, the decline of violence is an accomplishment we can savor, and an impetus to cherish the forces of civilization and enlightenment that made it possible."
 
Best Response
NorthSider
pryan2016and for option 2), this would imply that they couldn't handle the high stress and (on an extreme level) maybe have to go to a mental institute

I don't think I'd go that far. I know some pretty sane and level-headed people that have quit their IB jobs. It's not for everyone, and people definitely burn out.

Agree. It could very well be the case that the person is very capable of handling stress but just doesn't see the value to endless word-smithing, nit-picking, and 5 AM nights working on a pitch that gets delayed. I haven't heard of that many cases of burn out in general (they don't really get talked about), but of the few that I do know of, some just decided they wanted something else (i.e. med school or something entrepreneurial).
 

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