9/7/13

It definitely looks like most of you joined banks to leave few years later and go into PE/HF, I wanted to know if they were people who go into IB with the goal of becoming as senior as they can?

Comments (11)

9/7/13

There's only one most senior guy at the bank. There's a ton of PE firms.

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9/7/13

as shortvolwhynot said there are only a few positions for top bankers and many PE/HFs.

9/7/13

So no one goes into IBD by pure passion?

9/7/13

cutestorm:

So no one goes into IBD by pure passion?

What does this even mean? IBD and passion... does not compute.

9/7/13

PuppyBackedSecurities:

cutestorm:

So no one goes into IBD by pure passion?

What does this even mean? IBD and passion... does not compute.

Well, once you reach more senior levels you get directly involved in closing deals etc.
Grunt work is part of your "career evolution"...

9/7/13

Also curious because once you get asked "why IBD" you almost have to lie since you'll get slammed in your face when you say you use IBD to move to the buyside. Isn't the holy grail for interviews always to tell the truth?

9/7/13

Space_Marine:

Also curious because once you get asked "why IBD" you almost have to lie since you'll get slammed in your face when you say you use IBD to move to the buyside. Isn't the holy grail for interviews always to tell the truth?


Seeing that your job as a senior banker is to lie for a living no not rly.

Ppl tend to leave ibd because its just a shitty career lol. Your comp vs hours vs quality of work trade off is the worst out of all finance front office.

9/7/13

This is either really good sarcasm or you are you are going to be working in the mailroom for a long time

9/7/13

That's what I'm planning on doing IBD then HF

9/7/13

Any insights from european folks?

9/8/13

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