A message to all young people/students who browse this forum
If you're a young person interested in IB and you like to frequent this forum, let this post be a warning to you. This forum has a serious problem; there's a toxic streak of elitism, obsession with prestige, and looking down on non-IBers and people who work in "lesser" groups/banks/offices (like non-BBs/EBs). Just look at the million posts on this site abritrarily ranking bank tiers using half-baked criteria involving misleading information, unsubstantiated rumors, and just flat-out ignorance. It's clear that a lot of people active in this community are snooty Ivy league trust fund kids who feel the need to compare their SA offers with their peers to feel validated.
There's also a very dismissive attitude towards other finance career paths (I know, I know, this is the Investment Banking forum) as well as towards lesser known banks not listed on the Vault 50. This can promote some seriously harmful mindsets to students and prospective recruits who may become unable to expand their horizons when it comes to setting their goals for the future. Kids who may not be cut out for IB will be unequipped to deal with failure to land an offer as they're now unable to be open-minded enough to consider other opportunities in finance. Some kids may even neglect to pursue opportunities at firms that aren't BBs or EBs due to dismissive attitudes they may read on this forum.
Browsing this site could also lead one to focus on the wrong things from like firm prestige, exit opps / long term career plans (at least while recruiting as a student), and industry gossip instead of shit that actually matters like learning the ins and outs of investment banking and the skills required to be a good asset to a firm.
Don't get me wrong, WSO can be a fantastic platform when used for the right reasons. The salary, interview, and review data is super useful. You can get some excellent advice and insight from your peers in the industry. The community can also be incredibly positive, helpful, and introspective a lot of the time; some of the most insightful discussions I've ever read have been on WSO threads. I'm not saying the criticisms I laid out are indicative of this site as a whole, in fact I think WSO provides a net benefit to people in finance. There are just certain elements on this forum that've caused me to keep a healthy distance as of late.
I know what I'm saying here is nothing new to frequenters of WSO, but I think it's important to get this message as a lot of young people (analysts, interns, college students, even high schoolers thinking about IB) who browse this forum.
Anyway that was my rant. Any thoughts?