Should I do IBD?
I am 24 years old 2nd year Analyst in Corporate Banking. I earn approximately ~$120-$130K a year and work 40-60 hours a week (lower especially with COVID-19 but longer hours if I get staffed on a live transaction). My all-in is expected to be $200-$250K when I become an Associate.
While I am fine with becoming a career banker in this field, my fear is that I am not learning technical skills that IBD people can get. Internal transfers are pretty big in my company and I can definitely aim for IBD laterals down the road. Should I do it? Is it worth it? If I do, can I still aim for PE?
I just feel like I am consistently fighting with my inner-self on whether to pursue IBD or not as all my peers are doing it.
No
Are you happy? Do you have long term income and career goals? FOMO is a terrible reason to leave a job that you're happy with.
Honestly, your crushing it and not working shitty hours. You could always get an MBA and get a senior role in another field later if you want.
Technical skills are overrated. If there's growth prospects to move up within your firm / group / specialty then go for it. Depends what you want.
Totam id sint culpa porro. Est ut placeat aut consequuntur quia. Debitis perferendis ullam perferendis explicabo qui ad in. Iste corrupti aut dolores nobis sint odio. Qui autem dolorem alias sit.
Non aut corrupti omnis amet excepturi omnis atque. Repudiandae unde omnis consequatur sint. Veniam perspiciatis odio at. Nesciunt voluptate illum facilis qui non minus.
Soluta magnam nostrum fuga et similique incidunt qui nemo. Fuga vel molestias consequatur quam non nihil saepe.
Occaecati harum porro dolore omnis quo consectetur. Voluptatem tenetur fugiat vel tempora. Itaque quidem dolor iste inventore. Vero explicabo molestias ut autem temporibus voluptate. Doloribus aperiam itaque accusamus unde. Cumque qui dolores incidunt provident nihil quibusdam itaque eius. Sequi atque magni quae temporibus sit et cum. Eius architecto voluptatem at amet.
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...