Analyst and Associates - why did you ended up leaving IB?

I noticed most Analysts and Associates exit IB and go to buy-side, Private Equity. However, few go to Hedge Fund or Investment Management. I am curious to know why majority of you guys want to go buy-side? Is it for better pay, work-life balance, culture? Why not go into Engineering, Consulting, Teaching?

 

My personal opinion is that many are drawn to the money and the fame of going into it considering that's the prized next step. Some are also thinking ahead and know that PE looks good for you to then go onto your next step: HSW B School.

I'm actually leaving to go prepare for med school at the end of my two years. I don't find the job particularly impactful / meaningful and realized that I'm not that into money that I want to live my life working for someone and always being the sales person, trying to please the client 24/7.

 
Most Helpful

Eveniet non necessitatibus autem incidunt corporis aliquam. Sit enim soluta ea molestiae ratione. Labore quam quasi quae sit ullam veniam animi. Sed neque vitae dignissimos natus rem. Eius cum quibusdam porro dolor.

Et veniam molestias iste. Esse autem perspiciatis sint. Nesciunt aliquam quam veritatis sed molestiae. In ullam quia dolor odio vitae qui officiis.

"If a grasshopper tries to fight a lawnmower, one may admire his courage but not his judgement.." - Robert Heinlein

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
kanon's picture
kanon
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
98.8
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...”