bullshit breakdown (for prospective monkeys)
Breaking down the bullshit for the prospective monkeys! Any questions, feel free to ask on here on PM me.
Department: IBD at a major BB, London office
Number of girls that I've managed to sleep with as a direct result of working at a bank: 0 (got with 1 - she worked in IBD and wouldn't put out)
Number of nights out I have per month: 0-3
Typical night out cost: £150-£500
Number of days off I typically get a month: 2
Number of hours I typically work per day: 15-18
Pre-tax salary per month: £3500
Sign on bonus: £6000
Number of non-UK people working in my London office: 50%
Number of women in London IBD: 10%
Number of times I've thought about quitting: 2-5
Friends I've managed to keep in touch with since leaving university: <20%
Bonus: (not had one yet, can't comment)
Clothes I wear to work: £5500 rolex, £2200 diamond cufflinks, £490 prada shoes, £1600 prada suit, £140 thomas pink shirt
Happy: Yes, mostly
Would I recommend this career to a university leaver: Yes
Biggest pros of the job: Character building (the biggest pro), occasional feeling of self-importance (prestige), money, exit opportunities, rare opportuntiy to work on big deals and meet CEOs, CFOs, COOs of major companies, the people.
Biggest cons of the job: 90% of the time is menial work, my work is my life - demanding hours, very hard to have outside friends or a girlfriend, lack of sex, inability to have hobbies, degradation of health, the people.
Interview tips: be a more enthusiastic version of yourself, though still yourself.
Banking survival tips: be a more enthusiastic version of yourself, though still yourself.