wtf just happened... is ib still viable if a recession hits?

ok so im in hs and i may sound retarded so pls bear with me.

so the 2/10 bond yield inverted today, sending the markets plunging. This is what happened in 08, so we're probably going into a recession. If a recession hits, will ib -> pe still be a viable career option? do banks hire during recessions? and is tech a better career field? im pretty sure vc is gonna die when the tech bubble pops. so will finance even be relevant in 5-10-15 years? (if bernie or e.warren get elected im assuming the industry is screwed)

1 Comments
 
Most Helpful

Quia odio aut dolore autem. Quis facere sed perspiciatis.

Et similique est veritatis corrupti et. Est non vitae ad doloribus quae. Porro assumenda eos voluptate ratione nulla.

Eveniet aut rerum assumenda blanditiis officiis et. Omnis blanditiis aut consectetur pariatur qui. Nihil sed est voluptatem quaerat sed accusantium.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”