Unpopular opinion, but analyst to associate promote bankers are the worst to work for
- Usually bitter about failing their PE/HF interviews and having to stick in banking. Take it out on analysts by being Dicks, hardos about everything, and "gatekeeping" the profession
- Weirdly more willing to treat analysts like garbage (I went through it..so will you).
- They understand finance enough(relative to mbas) that they can chit all over your work(but not enough to recruit into PE, causing wierd conflict in their own mind). 4.worse hairlines than MBAs (from longer banking lifespan). It's not particularly inspiring to get handed reams of comments from a Norwood 4 hairline senior associate (aged 28) at 10pm
Working with MBAs, they are more likely to defer to my knowledge, less likely to micromanage me, and generally less bitter and toxic.
Thoughts?
why are you assuming that every analyst -> associate failed in PE/HF recruiting? There's some people that want to stay in IB
it seems like a lot of the points you make stem from confirmation bias
This. OP most certainly had his UVA/1310 SAT blow his MM PE offer.
Agree at the senior level..The worst MDs I have worked for are the young MDs who started as analysts themselves. They tend to be 1 dimensional in the way they work (as they have never seen how work can be done in other corporate settings), overly focused on minor details that doesn’t matter at the MD level nor to the client (since that’s how they have been evaluated their whole life), create a ton of slides for every pitch (cause that’s the only way they have been trained), over-estimate their own abilities (image making MD before 34 and thinking they are above everyone else), are grinders themselves and would expect you to grind as a junior banker too to earn the badge, and are generally poor managers as they are never taught to properly lead a team besides seeing how their senior bankers manage deal teams. over time however they tend to nurture well into a senior MD role with more soft skills as they pick up these skills through interactions with C-suites