Is this remotely normal in IB? 1 year vacation offered?
Saw on linkedin at a BB in NYC a girl did 2 years as an IB analyst. She then did 1 year as an associate at same bank. She then had a thing on her linkedin that said "Career Break" (as a job / experience) and it said "backpacked asia for 7 months and Europe for 5 months", and then her next job was the same bank and associate again.
So she just straight up was able to take 1 full year off? Is this remotely normal at all? I have never seen it before at all. Maybe she just quit and then a year later reapplied, had good references, and was able to join the same exact team? (It was same coverage group) Good for her. Solid.
Thats kinda dope
Kinda dope? its fucking awesome
Bump, want to do the same lol
Run her last name across the executives and senior MDs directory. This is trust fund baby behavior.
I have seen it before but usually after a few more years (4-5 years on the job) for 6-12 month. Guess you need to be well-connected or top bucket
Have seen it happen at more senior levels (VP) in a BB for a shorter period (6 months)
Well she's a girl. Banks will tailor to a girl's needs no matter what and not lay her off.
Stfu incel
I mean it’s low key true
I understand that it bothers you but I was on the hiring committee at my IB years ago and you would be shocked at how upfront the department heads were about keeping women. Literally didn't care about performance. That was ~2018-2019, imagine now after the big DEI push industrywide.
maybe she just asked and got granted the time
never know what's possible if you ask
Wasn’t in IB, but was at a large prestigious company where you could take up to a 27 month sabbatical. Downside was that you come back to your career where it was before and everyone else has basically been promoted.
Maybe she got voluntary furlough? Was this during 2020?
Almost all of Asia was under lockdown during 2020.
I think stuff like this is possible if there are multiple factors at play. Maybe she quit because of burn out but left on good terms, then when she was recruiting again the firm REALLY needed someone and knew that she would be a seamless fit. Win-win for both sides.
Also ofc, it could be she got help because she is a women and/or nepo baby. Who knows, but she played her cards well (no hate).
She quit / was fired
You may be able to take a religious break like a sabbatical or something.
This is pretty common at least in the UK across Consulting / B4 (less so IB)
There could have also been mental health issues, family tragedy, or some mix. Maybe she was just a slugger that the firm really wanted to invest in for the long term.
I have a good friend that suddenly lost a family member and he was granted ~1 year leave with a guaranteed return offer. That being said, he was several years deeper into his career than this girl.
This was me trying to be optimistic though... at the end of the day it really could be nepotism or DEI pressures. You will never know, but this isn't the norm for the industry.
That's a dream
Voluptatem et vel reprehenderit et rem eius. Fugit maxime placeat blanditiis voluptas rerum. Et non optio et illo mollitia est rerum.
Modi in rerum asperiores officiis. Ut impedit amet unde asperiores. Ut dolores et temporibus et sit labore quo. Placeat doloribus sed aut aut. Debitis et quam magni autem provident nisi accusantium ad.
Molestias iure eum impedit repudiandae. Voluptas omnis labore et blanditiis et. Nostrum quia esse doloribus ducimus ipsam illum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Recusandae et veniam et est eligendi velit expedita qui. Sunt quam esse non porro aliquid odio. Corrupti molestias laudantium qui distinctio cumque.
Minima debitis eius est harum vitae et velit. Deleniti cum animi repellendus qui eos totam corrupti. Vitae in eos error voluptas. Animi reprehenderit voluptatem quia voluptas. Aut repellendus et voluptatem maiores ut perferendis. Placeat fugiat aut qui possimus.