How to deal with insecurity of interning at a low-tier firm?
Unfortunately I did not get a good internship gig for my junior summer, and so will be forced to intern at an MM.
Obviously I will do everything I can to get a job at a prestigious firm for full time, but in the meantime I can't even look my friends and classmates who are going to BB's and EB's in the eyes. How do any monkeys in a similar position deal with this and keep their chins up through the humiliation?
is this a real post?
don't worry bud you're not forced to do anything. actually, lemme do you a favor - pm me the name of the firm and you can contact them and let em know that while you aren't as happy with the opportunity, I'd be happy to take your spot
Howard Hughes How could you stoop so low? Sometimes, you think you know someone...
If this is a serious post, no better time than now to learn to tune out the noise and to focus on yourself. Once everyone graduates, the people you end up staying in touch with will mean more to you than just their status/job, and the feeling will likely be mutual. Another thing to consider is why you're going into banking in the first place, because once you leave school no one is going to give a shit about where you work except for grandma who thinks you're the bank teller for Citi.
Are you telling me that people in risk or compliance or even ordinary non-finance jobs don't look at investment bankers at Goldman or JPM and think "wow, he has an elite job and probably makes a lot more money than me"? That's why I'm going into banking anyway.
Does receiving the admiration of people you don't know help you sleep at night? Investment banking is prestigious in the finance circle-jerk community in school, but hopefully the comped dinners and the "prestige" makes up for being on-call 24/7, endless nights aligning text boxes in ppt and asshole VPs who could care less about your work-life balance. There is nothing wrong with using IB as a short-term stepping stone, but if prestige is the number one thing on your mind you're in for a reality check.
Please. Part of what gets me about this site is the hypocrisy. Everyone's all self-righteous when I come out and say something honest, but deep down in places you don't talk about at parties, you know you're driven by the same principles as I: envy, greed, and a thirst to prove yourselves.
I'm just putting it all out in the open, and if that makes you uncomfortable, go ahead and throw MS, but you're hanging the messenger. If you want to know what's wrong with me, look inside yourselves.
P.S. There are two movie references in this post, SB to anyone who can find them.
Eh. Ops risk and compliance kinda suck, but market risk people can make hella good money and do it while still having a life.
Don't be such a fucking baby. There are tons of kids who would kill to be in your position today. Stop being a bitch, sack up, and realize you're fortunate to have an IB SA gig at all since you sound like an ungrateful twerp.
Is somebody holding a gun to your head and making it so you're actually being "forced" to work for the MM? My guess is no. The entitlement is unreal on this site.
Lol, great post! One day when you're busy ruling the world, you're gonna look at all of those minimum wage earners, average salaried employees, and MM IB workers with glee, you stud.
What the name of the firm?
Ok it one of the below:
Piper Jaffray Cowen Stifel Oppenheimer Raymond James
Wow. You poor thing.
None of the above.
Nomura.
Ok honest question. I read your first post about this and you seem to have a fantastic background (3.9 at Ivy with sophomore finance experience). I suppose you did some introspection now that recruiting is over, what do you think is the reason you weren't able to land the BB/EB you wanted?
I don't know. I'm nice and personable in real life, I networked a ton. Bankers would directly tell me after our chats that they'd push to get me an interview (and then I'd hear nothing and couldn't get in touch with them again). That story happened at least a few BB's and EB's.
If I had to guess, my background really isn't "fantastic" anymore. 3.9 Ivy with finance experience are a dime a dozen. There were hundreds of kids just like me at corporate briefs. And before everyone here says it's my toxic personality, I know a bunch of kids with similar background as me who never broke in, couldn't get a single offer. I hear through the grapevine that even Wharton kids are having trouble now, not sure how true that is. Shit's fucked though.
If you are really driven by "envy, greed and a thirst to prove yourself" you sound too intense, bro. That probably gave off the wrong vibe. Work hard but never let them see you sweat.
Anymore? You think it's hard now? You should have tried breaking in during '02/'03 and '09/'10...kids were getting their offers rescinded, and banks were going bankrupt.
You come off as incredibly entitled and short sighted. You might not think it shows through to interviewers, but it inevitably does.
I really hope this is an attempt at trolling. If it's not, why would you be embarrassed about landing a solid finance role as an intern? It makes no sense. Other people, even within finance, don't really judge you based on the bank where you work.
3.9 Ivy League GPAs are not a "dime a dozen"
On a separate note, at this point I'm hoping to set a record with the monkey shits here. Let's get my original post to 30 by tomorrow morning whad'ya say guys?
You are so insecure that you care about ''dislikes'' on a semi-anonymous forum.....
I asked for more.... it was a humorous comment on what I think is a silly system. Why do I have to explain every word to you people
"Why do I have to explain every word to you people" - Exactly why people probably think you're a douchebag and don't want to hire you.
Troll Alert -_-
guess what?
Learn how to not give a fuck.
lol I love these types posts.
Only on this site.
This cant be for real..
what the actual fuck?
problem?
Go to the gym. Get gains.
Then they will have to keep their chins down around you because they know you can beat them up and take their lunch money using nothing more than your bulky, creamy, thighs.
Don’t let IB define your self-worth
I'm like a young Donald Trump trying to move from Queens to Manhattan, and you guys are the haters and losers. Well, it might be next year or it might be in 50 years - but I'll get the last laugh.
Too soon.
You probably didn't get the job you wanted because you say "Princeton" 25 times during your interviews and don't wipe after you poop because you love the smell of your own shit
yea but everyone at Princeton does that
also ironic username
Lol @ everyone giving this guy shit. Smh. The funny thing is 90% of you are 19 years old.
Honestly, all you really have to say is:
It's really not THAT hard to move up a tier during FT recruiting or lateral recruiting. If you're a guy that really belongs at a good BB/EB, but for some reason there just weren't enough spots (and assuming that's the case instead of you being a fuckhead), you will end up being fine.
Thanks. How'd you know I landed in a top group lol? I don't remember mentioning that.
Edit: Nvm, misunderstood your post. I'll definitely keep those points in mind for FT interviews. If I say all that though, won't it sound like I have no reason to want to leave the MM
Well, the important thing is to bust your ass and perform well and enjoy your summer and get that return offer.
To be honest, you may actually end up really liking the place you're at, and may want to end up staying.
If you do decide to move up, just say that you thoroughly enjoyed your bank, the people, and the work, but think a BB or EB would give you more exposure to scale, or that the perfect opportunity opened up at a BB and although you weren't in a rush to leave the MM, you just had to take that unique opporunity.
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