Worst Economic Crisis Due To Covid Pandemic

The coronavirus pandemic has created both a public health crisis and an economic crisis worldwide, which has caused a recession in some nations. I know that most of us are affected financially, has it affected you emotionally and mentally? 

14 Comments
 

Same.

"If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 

It was a different year with a lot of problems for many people worldwide.

Answering your question: no, it has not affected my personal career, income or personal life at all. Still the same situation as before, but WFH is not great for me. Would prefer to be with people for 2-3 days a week. rest WFH or traveling. that is most likely the goal for our company anyway.

investments are up on my end as well.

 

Gumball3000

It was a different year with a lot of problems for many people worldwide.

Answering your question: no, it has not affected my personal career, income or personal life at all. Still the same situation as before, but WFH is not great for me. Would prefer to be with people for 2-3 days a week. rest WFH or traveling. that is most likely the goal for our company anyway.

investments are up on my end as well.

That's great too! I also prefer to interact with people for a couple of days a week and I also miss traveling.

 

A lot of people in my company and partner firms are developing "the future of office work". The current estimates for us would be 3 days of office work, Fridays OR Thursday WFH and the remaining day can either be flexible or travel or something else (maybe a digital work hub, something like WeWork or a partnership with an incubator).

we will absolutely not go back to 5 days of office work.

 

On paper I'm doing fine as I, like most WSOers, am part of a class of people who can telework and who often have considerable equity investments. My mental health is definitely doing poorly overall. I'm pretty unhappy. Ready to take the vaccine so the world gets back to normal. I'd trade 25% returns in the stock market for 12% returns and a real life. I think the first place I'm going to vacation to when the world reopens is Broadway. 

Array
 

Absolutely. I could talk about how I hit a mental slump after crippling isolation this summer or how I basically became slave to a permanently online workschedule but the reality is I maintained my income, moved into a bigger place, and got a better job. So in the grand scheme I have nothing to complain about but I'd be remiss if I didn't say that at least towards the beginning / mid '20 I had a pretty rough mental crisis

 

I am fortunate to have kept my job, so we are good financially. it was a tough year, but glad that we've made it. I hope you are okay.

 

Beatae numquam non pariatur perferendis. Non quod autem eos dicta veniam. Ab modi aut est at deleniti odio. Et delectus quae id fugiat nisi omnis veniam. Beatae placeat inventore dolores consectetur.

Enim eos cumque odit possimus. Exercitationem minima cupiditate eaque quos officia. Mollitia veniam pariatur sit voluptas.

Aut ex doloremque illo laborum nihil et aut. Nisi cum minus labore numquam. Non velit fuga eius est voluptas magni. Libero sunt quis in beatae maxime ea eveniet distinctio. Illo asperiores voluptatem nobis doloremque veniam ratione voluptatem. Ut ullam accusantium modi qui.

Illum itaque odio modi quia. Aspernatur reiciendis laborum laborum aut corporis et ipsa. Quo minima voluptatem cupiditate at cumque molestias rerum rerum. Ducimus aut perspiciatis vel. Saepe nisi voluptatem molestiae ut quam aut doloribus voluptatem.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (56) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 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...”