Loafers as an Analyst


What are people's thoughts on wearing loafers as a first year Analyst? Is it safer to just go with Oxfords?

About to start at a BB in London but I am not sure about getting a pair.

Comments (23)

May 5, 2020 - 6:35pm

The privilege to wear loafers is earnt, one must wait until blessing has been received from the senior MD of your group or an associate promotion has been bestowed upon you.

On a real note, see what the guys in your office wear, but I would play it safe at the beginning and wear Oxfords! Depending on the BB, if it's a US one loafers would probably be fine. If it's a European one then stick to Oxfords at the beginning. Just make sure your shoes are black and you'll have no problem.


May 6, 2020 - 1:30am

No one gives a shit. I lateraled from a stock exchange to an MM and I wear green suede loafers when it's hot. I am in Asia though, so can't speak for banks in US.

MM IB/Retail brokerage - Sell-side ER Generalist and Capital Markets IB (ECM, DCM), Eastern Europe and Central Asia region
Jun 15, 2020 - 8:27am

I was an economic analyst at a stock exchange.
The dress code is way more relaxed in my country than in NYC (as I saw at WSO), I know a senior analyst who always wore dark jeans and big bulky sneakers. I myself can come with a poloshirt on casual Friday and no one will give a shit.

P.S. Relaxed rules usually apply more to the hotter months, we can have up to 50 degree Celsium in July/August.

MM IB/Retail brokerage - Sell-side ER Generalist and Capital Markets IB (ECM, DCM), Eastern Europe and Central Asia region
Most Helpful
May 6, 2020 - 4:57am

Go ahead. At my BB a lot of people (including analysts and even interns) wear loafers. I don't see a problem with it. It looks good so why not?

Edit: perhaps important to note that I have never seen someone wear those Gucci/SF loafers. Just stick to black clean loafers

  • Incoming Analyst in S&T - Other
May 6, 2020 - 6:52am

It used to be a faux pas to wear loafers with a suit, though I'm sure exceptions were made for certain personalities/circles. It's probably more acceptable today considering the general relaxation of dress codes, though I still would only wear them with something more casual and would shy away from black.

Jun 13, 2020 - 4:48pm

If you need to make a decision now, choose a conservative option. See what your senior colleagues wear and go from there. Generally, black loafers should be fine (with no or understated inconspicuous hardware), however first make sure your boss in Europe is not overly conservative - sometimes you can come across some really old school people at European BB banks.

Aug 6, 2020 - 12:08am
"Full speed ahead, damn the torpedoes." -U.S. Navy General Farragut
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