Who is in IBD and loves it?
Just out of interest, who is in Investment banking, particularly M&A, and loves the job fully or partially? If you do, what do you love/like about it?
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I just started my SA stint in M&A and absolutely love it. I think it's mostly because it's been a long road and I'm glad to finally be somewhere, so it might just be a honeymoon period, but it's going swimmingly. People say they hate editing pitch books -- I am a liberal arts major and love writing, and working to make the arguments in the book more convincing is something that I've found to be really enjoyable. Maybe I'm nuts?
Nope honeymoon period.
Everyone in IB as well as other financial positions hates their job. They all say it isn't worth it, and wished they had took 'different' roads to IB
I am not sure if you are being serious or sarcastic here. The day management is influenced by a pitchbook (and was not planning on the deal anyways...is they day you short the hell out of that company. Pitches are relationship management.
I don't know how PowerPoint counts as writing. The writing takes ~10 percent of the time.
Really, if you enjoy being an analyst, good for you. If you develop some relationship skills, you could make MD.
Agreed. Anyone who uses the word "Swimmingly," compares editing pitch books to writing term papers, and quotes Eisenhower in their signature, is actually nuts. FYI, the only politician worth quoting is Churchill.
SB'd you for this. Agree wholeheartedly.
finger_me_elmo's signature... LOLing hard
I did a BB IBD stint over the summer, and hated it; however, I don't feel the need to show others pursuing IBD the error of their ways, or justify my life decisions to a forum dedicated to all things finance.
To be frank, the level of anti-IBD rhetoric on WSO is a little bit ridiculous. Among all post-college options, IBD remains one of the best possible springboards for a career in finance/business. So long as we have a more-or-less capitalist economic system, it will pay (and pay well) to understand how to leverage that system so as to maximize value creation. Depending on how you value present time versus future time, and how much money you think you'll need to support your ideal standard of living, Investment Banking could be a wonderful decision. For me, it wasn't.
Look, I know unhappy engineers. I know unhappy academics. I know unhappy financiers. No one is really doing anything all that profound, so if you allow your personal self-worth to be dictated by your work, you are almost certainly going to be disappointed. Probably best to seek happiness from the relationships we cultivate, and the value we create for the people closest to us, not some board room.
Plus, in the very long run, after humanity has been replaced by a race of sentient cacti, nothing you did is going to matter anyway.
What this man says...
Better question - Who is in S&T and loves it?
I find most people enjoy S&T over IB (no hate towards IB)
Me. I absolutely love the industry I cover, however
Which industry would that be, Cries?
Healthcare
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