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Nepotism too lol. Nepotism hires are worse the DEI hires.

but the worse combo is nepotism and DEI. Literally most entitled mfs I know. And somehow they always say they’ve been oppressed

 

All the interns posting about return offers are shaking, thinking this is their analyst

 

IB recruiting is basically a coin flip these days. Not meritocratic. 90% is determined by your skin colour, sexual preference, and genitalia. Goes hand-in-hand with the declining (in real terms) comp and headcount over the last two decades. PE recruitment pretty much the same especially on-cycle which is now accelerated to the point of being ridiculous.

 

yeap they are pretty bad even in London. I could only see a few good CVs, not sure how they even got hired (2 page CVs in a paragraph form)

 

Worst I have seen.

Very questionable fashion for an ib internship

None of them understand the concept of deadlines (must be a covid schooling thing?)

I swear half of them don't know how to use a computer (gen z phone addicted generation).  Like basic stuff like word and PowerPoint.

Crazy email etiquette.

All of them seem terrified of talking to everyone.

I really think being raised with social media smart phones and 2.5 years of bs covid lockdowns/zoom during their coming of age has phucked this generation.  

 

+1. In my high school, we used Gsuite so everything was google. I used docs for basically every single assignment ever, never touched office.

 

VP in IB - Cov

Worst I have seen.

Very questionable fashion for an ib internship

None of them understand the concept of deadlines (must be a covid schooling thing?)

I swear half of them don't know how to use a computer (gen z phone addicted generation).  Like basic stuff like word and PowerPoint.

Crazy email etiquette.

All of them seem terrified of talking to everyone.

I really think being raised with social media smart phones and 2.5 years of bs covid lockdowns/zoom during their coming of age has phucked this generation.  

Can say the same about VPs now. COVID has made them think they can go work from home post 6pm and not train us lol. I bet you don’t stay as late as the juniors like the VPs did pre-COVID, so keep your double strandard to yourself

 

VP in IB - Cov

Worst I have seen.

Very questionable fashion for an ib internship

None of them understand the concept of deadlines (must be a covid schooling thing?)

I swear half of them don't know how to use a computer (gen z phone addicted generation).  Like basic stuff like word and PowerPoint.

Crazy email etiquette.

All of them seem terrified of talking to everyone.

I really think being raised with social media smart phones and 2.5 years of bs covid lockdowns/zoom during their coming of age has phucked this generation.  

- expand -

Can say the same about VPs now. COVID has made them think they can go work from home post 6pm and not train us lol. I bet you don't stay as late as the juniors like the VPs did pre-COVID, so keep your double strandard to yourself

I’m sorry if you can’t be properly trained from 8 AM - 6 PM or over zoom/calls after that, you are doing something wrong. There is very little “training” that is going on from 6-11pm it’s just grinding on stupid stuff. 

Don’t try and make an excuse for this. If I were you, I’d be thankful that working from home is more accepted as you can have a more reasonable life. 

 

Work from home is really bad for junior bankers. I didn't realize this at the time but my time in investment banking was at a 'default remote' bank. Even when we were in the office, every banker was cross-staffed with New York or London teams. The result was 99% Zoom for every deal interaction. Only after I left did I realize how abnormal and inefficient it is to call on Zoom for every single thing, even between people in the same office. We had meeting rooms, but you always had to pull in the one person on the team who was inevitably at home that day. The simple calculation is we all got less exposure to everyday normal office etiquette and couldn't learn as much from observing. Never saw anyone more senior than an associate 1 in the office. I'm going into the office every day now and it's much easier to get things done and talk through something like a memo or model with the team. So much better to have a five minute conversation about something than having incessant hourlong meetings to give status reports. Maybe that bank was just dogwater I don't know.

 

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