Is finance the most arrogant profession?

Does finance, overall, have the most arrogant individuals? I have met a number of people in finance, pr, advertising, communications, marketing, nonprofit, education, and so on, over the years. And by far, at least from what I could tell, the greatest percentage of arrogant individuals has come from finance. And that isn't considering wall street oasis posts, a fair number of which would just add to what I have claimed.

This isn't a rant or a complaint, just an observation and question. From your experiences, would you agree? Or is this just me having an unfair sampling?

 

Think about what an HR person has to be arrogant about, and then think of what an investment banker has to be arrogant about.

22 year old making more than a try hard 30-year-old Harvard Med School and a 25-year-old Yale Law School prodigy. All the while working the same hours, less debt, but doing easier shit with exit opps making the situation even better. Now you tell me what they DON'T have to be arrogant about.

 
BTbanker:
Think about what an HR person has to be arrogant about, and then think of what an investment banker has to be arrogant about.

22 year old making more than a try hard 30-year-old Harvard Med School and a 25-year-old Yale Law School prodigy. All the while working the same hours, less debt, but doing easier shit with exit opps making the situation even better. Now you tell me what they DON'T have to be arrogant about.

Amen brother. IB for Lyfe.

Pre-Meds at my school that think they're the shit and talks garbage to "business" majors need to GTFO. Funny thing is that they think they will be "rich" in the future. Yeah OK. Have fun racking up 300K in debt while not having a job until 30s.

We all like to think of banking as hell and a slave stint, but it's not even funny how much more lucrative and rewarding it is than other "top" professions like law, and medicine.

However- if you are really good in math, like finish Calculus 3+ Linear Algebra in high school good, I think actuary science is a solid career path. I know a guy back in my high school passed 3 actuarial science exams and he's a senior. He's gonna have a rewarding career. I'm so glad I steered him away from law and medicine.

 
BTbanker:
Think about what an HR person has to be arrogant about, and then think of what an investment banker has to be arrogant about.

22 year old making more than a try hard 30-year-old Harvard Med School and a 25-year-old Yale Law School prodigy. All the while working the same hours, less debt, but doing easier shit with exit opps making the situation even better. Now you tell me what they DON'T have to be arrogant about.

Are there really doctors and lawyers on this website?

Looks like they do envy people in finance. Why the fuck else would you be on this forum?

 

Biglaw lawyers are the most arrogant people I have ever met. Note I am referring to a very small % of lawyers, specifically Biglaw, and even more so in the V5 arena.

"They are all former investment bankers that were laid off in the economic collapse that Nancy Pelosi caused. They have no marketable skills, but by God they work hard."
 
CountryUnderdog:
Biglaw lawyers are the most arrogant people I have ever met. Note I am referring to a very small % of lawyers, specifically Biglaw, and even more so in the V5 arena.

Every biglaw guy I know regrets not going into the usual finance track instead of law school (even the YLS ones).

 
holla_back:
CountryUnderdog:
Biglaw lawyers are the most arrogant people I have ever met. Note I am referring to a very small % of lawyers, specifically Biglaw, and even more so in the V5 arena.

Every biglaw guy I know regrets not going into the usual finance track instead of law school (even the YLS ones).

What are some of the typical reasons?

 
TheFix:
holla_back:
CountryUnderdog:
Biglaw lawyers are the most arrogant people I have ever met. Note I am referring to a very small % of lawyers, specifically Biglaw, and even more so in the V5 arena.

Every biglaw guy I know regrets not going into the usual finance track instead of law school (even the YLS ones).

What are some of the typical reasons?

Same shitty, grind-of-a-life as IBD associates for less money and ridiculous law school debt.

 
holla_back:
TheFix:
holla_back:
CountryUnderdog:
Biglaw lawyers are the most arrogant people I have ever met. Note I am referring to a very small % of lawyers, specifically Biglaw, and even more so in the V5 arena.

Every biglaw guy I know regrets not going into the usual finance track instead of law school (even the YLS ones).

What are some of the typical reasons?

Same shitty, grind-of-a-life as IBD associates for less money and ridiculous law school debt.

Not to mention the fact that they are pretty much stuck there for for a while if they want to make it big in law, like become general counsel at a F500 or something.

Can anyone imagine being an IBD associate for 10-20 years?

 
Best Response
BTbanker:
holla_back:
TheFix:
holla_back:
CountryUnderdog:
Biglaw lawyers are the most arrogant people I have ever met. Note I am referring to a very small % of lawyers, specifically Biglaw, and even more so in the V5 arena.

Every biglaw guy I know regrets not going into the usual finance track instead of law school (even the YLS ones).

What are some of the typical reasons?

Same shitty, grind-of-a-life as IBD associates for less money and ridiculous law school debt.

Not to mention the fact that they are pretty much stuck there for for a while if they want to make it big in law, like become general counsel at a F500 or something.

Can anyone imagine being an IBD associate for 10-20 years?

Wut? Who is an IBD Associate equivalent in BigLaw for 10-20 years? Dude, you have massively overestimated the value of being an IBD Analyst. You said something about IBD for 2 years and then PE for two years and then C-Suite afterwards in some other thread. That is laughable unless you're talking about being the CFO of a minuscule tech company.
 

I would say surgeons are probably the most arrogant as a whole, very narrowly beating out the population of finance "professionals" as a whole, but that's only because in finance you'll at least find some people that are more interested in their degenerate tendencies than other people, or at the very least do finance as a means to an end and not the end itself.

 
<span class=keyword_link><a href=/resources/skills/finance/going-concern>Going Concern</a></span>:
I would say surgeons are probably the most arrogant as a whole, very narrowly beating out the population of finance "professionals" as a whole, but that's only because in finance you'll at least find some people that are more interested in their degenerate tendencies than other people, or at the very least do finance as a means to an end and not the end itself.
This. There's a ton of super cocky people in finance, but not many truly have a god complex. There's just too much uncertainty for that to happen often.
 
whatwhatwhat:
if you consider it one, academia by far
Yup, them and surgeons with a god complex. Big law lawyers are cocky but insecure around finance folks, so I'm taking them off the list. And yes, finance people tend to be percieved as arrogant because they're always on the go
Get busy living
 

Talking about arrogance, I clicked on the Newsfeeds to the right (http://www.moneynews.com/newswidget/Mobius-tremendous-bull-markets/2013…) and read about the "tremendous bull markets ahead" predicted by Mr. Mark Mobius of Franklin Templeton.

Arrogance is a trait of top people in their profession(s). You can surmise that, regardless of profession, the top achievers are the a-holes. You have the picture of Mr. Trump there. Trump is not a finance professional, he is a real estate developer/investor, yet he is arrogant like hell. In fact, Trump is known to like keeping his bankers "on the leash" and in "fits and spurts". Why ? I would say that, in his mind, they need him more than he needs them. He certainly makes more money than they do.

Winners bring a bigger bag than you do. I have a degree in meritocracy.
 

Est autem aliquid dicta ut. Placeat aspernatur reprehenderit voluptas ut aut. Molestiae non temporibus totam repellat voluptas consequuntur alias.

Repellendus ea enim error consequatur omnis. Harum quaerat commodi atque veniam. Recusandae et fugiat deserunt autem.

Atque voluptatem assumenda sapiente quae nihil ipsam et est. Ab laudantium qui expedita optio eaque occaecati. Id et odio aliquid a sed natus pariatur.

Omnis quae aliquam accusantium vero accusamus quis. Eveniet dolores consequuntur optio et excepturi fugit incidunt. Doloremque error ut occaecati sit assumenda consectetur. Ut dolor cum cumque atque repellat ab ut. Iste et quisquam laudantium ex esse non suscipit. Sit blanditiis nostrum quasi molestiae voluptas.

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 (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Jamoldo's picture
Jamoldo
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...”