9 Comments
 

shrinking labor market due to digitization of processes, no upward mobility internally, limited exits (relative to IB, PE, and consulting roles), etc.

 
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I don't have numbers on the labour market shrinking (I feel like I've read reports that the labour market is extremely tight right now due to lack of talent & people constantly quitting), but I don't know what you mean by "no upward mobility internally".  If anything, the moves from Analyst to Associate, VP, MD, etc. are on average more fluid & quicker than those in IBD.  The people who make Partner at GS in 10-12 years are always in Global Markets, not IBD.  For those that don't like S&T, they should be able to transfer to IBD, AM, etc. if they can network half decently.

limited exits (relative to IB, PE, and consulting roles), etc.

This is true -- will say that HFs, prop shops, credit PE funds from structuring roles, sales and fintech roles should all be open.  And at the end of the day, trading within S&T is the "exit opp".  

 

Classic salty, over-worked PE analyst who has no life shitting on S&T.

 

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