Just left my IB club. Feels good.

Been having second thoughts about IB from the moment I found out about it.

Decided that the sacrifice had to be worth it cause of all the money I could make.

Realized that as much as money is an advantage, I would absolutely hate my life more than I do now and that just isn't an option for me.

I still want to work in finance but not like this.

Not sure if I should advise anyone else to do the same. The only thing I would advise you to do is think long and hard and remember that this is a 80wk job. You have to really want it to survive let alone succeed.

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Comments (26)

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  • Analyst 1 in IB - Ind
Apr 18, 2021 - 1:45pm

maybe wait until you actually have a job in the industry to say that, prospect

Most Helpful
Apr 18, 2021 - 10:07am

Congratulations, you've managed to achieve something that 90% of the prospects on this website will fail to do.  I heard a saying a while back that went like this:

Fools don't learn from their mistakes.

Average people learn from their mistakes.

Wise men learn from the mistakes of others....

Great that you were able to listen to what many have said on this website and have decided early on that this is not for you!

Apr 18, 2021 - 10:24am

Thanks man it took a lot of soul searching but I just realized that that lifestyle would make me a little too unhappy.

I get why there's so much monkey shit on this post but I do wish that more people on this site could realize that not working a 80+ hr/wk job doesn't make you weak.

  • Analyst 1 in AM - Equities
Apr 18, 2021 - 11:25am

Most people on this forum are risk averse lemmings that want to take the least precarious path for a high compensation. Good for you OP

  • Analyst 1 in IB - Gen
Apr 18, 2021 - 12:46pm

Waiting for the freshman at Penn State to rip OP a new asshole by flexing his dominance as president of multiple finance clubs and an avid bootlicker. Good decision to recognize your strengths, it shows maturity and you don't get caught up in the Kool aid.  

Apr 18, 2021 - 2:05pm

It's ok to have those feelings. Just be honest with yourself and chose what you feel is right.

There's some old chinese proverb about being on the wrong path for a thousand years. The second you realize, you turn back.

Apr 18, 2021 - 8:52pm

Doesn't mean you have to leave the finance club-- if you end up in a leadership role that is still going to be a great resume line for corporate banking, trading, wealth management, literally anything finance-related which it sounds like you still want to do 

Apr 19, 2021 - 1:42am

Don't sweat it. The money at the analyst level is peanuts. Especially if you go to NYC. They're raising the state taxes there. These kids make living 4 deep in murray hill going to mr. purple on a friday night sound like the second coming of Henry Kravis in the 70's 

Apr 19, 2021 - 6:48am

Just graduated high school [will be going to a target] and was pretty dead set on a finance path - but found myself to be in a similar position where I'm questioning the actual implications a career in investment banking might have on my happiness and lifestyle for the future. Transitioning away from IB do you have an idea of what you want to do instead? 

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