Why are the interns this summer TRASH
Senior analyst here.
Why the fuck are this year’s interns so bad??????????????
What is happening to the youth
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DEI - coming from a POC
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
Spot on - they’re fucking pricks
All the interns posting about return offers are shaking, thinking this is their analyst
Just wait for me next year ;)
Del
The joke was that I'll be even worse but I digress.
Everybody, heed Analyst 1 - Cov.'s supreme humor judgement, for I have committed an act of "super cringe" proportions.
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)
Maybe they’re not worse, but you’re just more competent
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.
boomer detected
Not a boomer. I really think covid ruined these kids.
On the powerpoint word thing, it’s not “gen z phone addiction” it’s more that everyone uses google docs and google slides growing up.
no the fuck they do not? i have always used microsoft office. google suite is so ugly, i don't know how anyone actually uses it.
+1. In my high school, we used Gsuite so everything was google. I used docs for basically every single assignment ever, never touched office.
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.
Cuz Banking isn’t everything.
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