Leaving the industry

Idk if anyone has thoughts on this but I’m debating doing something completely different. Have done the 2 years banking + 2 years buyside. Can stay at current place if I want but honestly am getting fatigued in finance. I used to love it but I don’t have that same feeling I used to have. W/L balance is fine, so not an hours issue. Maybe I’m an idealist or some people can talk me away from this decision. Some days I wonder if I would be benefitted by being forced to make a decision by my workplace.

 
Most Helpful

Hey guy,

life's too short to be miserable. If you're not feeling enthused and stimulated you what you do everyday then what's the point? I assume you're in your 20s without a wife/children or any real commitments. It's not too late to take a finance hiatus and focus on your actual passions for a bit. If you are a competent individual, which it seems like you are, you should have no problem landing on your feet if you chose to pivot. You could also always return to the industry if all else fails.

I'll end this with a quote from Leo Tolstoy - "If you want to be happy, be"

 

Jah definitely feel. Not being super motivated by what you do is definitely draining and makes you have an existential crisis (at least I used to for a while until I switched roles).

Man COVID fucked us all on the travel thing. Whatever, I say kick ass for 6 months and see what the landscape is like in 6 months. If you have enough of a safety net go volunteer or something.

 

Go for it man. I am currently in IB and a year ago was set on going to PE but have realized since then that I don’t enjoy the work. The immediate opportunity cost of leaving will only grow and make it more difficult to break free the longer you stay.

No clue what I might do next but would love to find a home on the operations side of things somewhere. Curious what you think you might want to do instead?

 

Ducimus ut provident libero quas magnam. Autem consectetur deserunt quae illo et possimus qui autem. Et impedit nulla vero quia doloremque voluptatibus quam. Dolorem laudantium recusandae sit. Excepturi dolorem id suscipit quas ut corrupti sit autem. Veritatis ad molestiae nesciunt alias porro.

Officia dolor minima et facere qui et est. Dolor alias voluptatem est sequi dolores vero vitae. Eveniet ipsam quod facere alias delectus accusamus incidunt. Odio provident alias labore quasi. Error repellat sed omnis quia. Repudiandae qui aut voluptatem mollitia.

Veritatis minus sequi aliquid rerum ratione. Quia qui numquam excepturi aperiam odit facilis inventore.

Culpa enim quaerat enim rerum officia modi. Sit voluptatem omnis consequuntur beatae nemo aut adipisci. Reprehenderit ut quibusdam quisquam rerum pariatur nostrum. Dolores non quis corrupti minus non. Ipsam beatae quos corporis aspernatur voluptas. Iure repudiandae et odio et. Officia et mollitia qui sed in.

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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
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
Linda Abraham's picture
Linda Abraham
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...”