So, I will acknowledge that I have limited experience in the industry, but after working 75+ hours this summer in a FO office role I don't understand why people care about prestige so much. I totally understand how people want to progress their career's by grinding it out a few years, but when you are sleep deprived, in much worse shape than school, and have limited free time I don't have how people care about the prestige of their firm. Especially since the average girl or person you meet doesn't know the difference between compliance or banking largely. Also, the average person has no idea what Lazard or any other kickass MM firms are despite how great of opportunities they are.
Anyone care to add their take.
If you put in the time, then you want to get a reward. Analysts at no name boutiques (like me) and analysts at BB's are more or less doing similar work. However, I don't have the luxury of after 2 years having the prestige of a BB to help me get into bschool/MF PE etc. Being able to put it into perspective and realizing that prestige means nothing when you are binding pitchbooks at 4am, but it will mean something when you look for your next role in 2 years... That is what matters.
If you're going to do the work, why not set yourself up for the best exit opportunities?
Largely agree with what HairyHilary has said. Prestige opens doors, so important early on in your career. Less so later. In summary: Prestige never paid for a Ferrari
If people don't appreciate the prestige, then why bother talking to them?
You don't make a career in two years, snowflake, it takes several decades. Prestige at 22-24 sets you on a glidepath that will pay out 30 years down the road.
Sacrifice health for wealth just to spend that wealth to restore your health.
^This.
Unfortunately I care about prestige, but I think it's only because I'm not in any relevant position yet.
Over the past month I've come to some harsh conclusions. If everyone has money, who am I pressing with it? If I don't care about people from my past, why am I trying to impress them?
Insecure people care about prestige.
All I see here is “care’s” and “career’s”
It hurts my eyes to read.
OP really is sleep deprived...
oh ok
Who cares about prestige? Your next employer.
Especially the employers with the public personal profiles for their employees with prestige bio bragging.
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Brace yourself - If you don't get it now, you never will. If you can’t take 75 + hour weeks for ONE summer, I don’t think you’re made for it/other careers that demand that level of commitment. It's about the game and the socio-economic status, knowing you are at the top, doing things that have real ramifications on a large scale in the world. Whatever it takes to achieve (within ethical boundaries, of course). If the price is more than you are willing to pay, then get out.
Who care's about grammar?
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