Quitting without another job lined up?

First year analyst at BB here coming to the one year mark. I absolutely hate it, culture sucks in my group, been work from home the entire time and my mental health is coming close to the breaking point. I have been applying to a ton of jobs but nothing has hit yet. Thoughts on leaving at the one year mark, so I don't have to pay back the signing bonus and focusing full time on the job search? Looking to leave finance completely

9 Comments
 

With the hot lateral market, there should be a decent amount of opportunities to lateral, especially after bonus (since a lot of analysts, like yourself, are thinking about leaving after bonus). Sounds like you should try to hang on, as a different firm with a different culture might change your mind about the industry. 

 

Of you're looking to stay in IB then keep up the search and take advantage of the hot market. If not, then maybe worth it to wait it out until Sep. (should be bearable during the summer) and try and see what kind of opps exist in other areas of the bank

In any case, no point in quitting without anything lined up. That's a risk you're taking alone and frankly, you can easily avoid it.

Laborare Pugnare Parati Sumus
 

Absolutely DO NOT quit until you have lined up another role. In your desperation and emotion, just start applying to a TON of other jobs. Take your new offer and run with it. Don't attempt a resume gap. 

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

Cum ullam repellat aut dolores libero odio dolorem. Officia earum nisi voluptas ducimus. Est fuga omnis dolor quisquam. Quis quidem ipsa labore consectetur cum perspiciatis reprehenderit quo. Quia beatae autem vero ducimus quaerat.

Quo quidem nulla nulla quis. Enim eum iure harum sit ipsa ea quia. Necessitatibus ipsa modi optio quod voluptatibus. Esse et ab culpa quia cupiditate. Deleniti et animi sequi et nostrum architecto. Assumenda qui est aspernatur.

Tempora rerum porro ullam facilis. Maiores rem fugit et temporibus facilis quo. Quo non nobis laudantium doloremque eveniet aut consequatur.

Suscipit et vitae quod ut velit voluptatum. Qui voluptatem aut quas eveniet dolores. Earum quia porro eligendi deleniti ad rerum. Aut dolores facilis eos veritatis recusandae. Deleniti officia provident facere praesentium iste.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

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

Professional Growth Opportunities

September 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

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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...”