Struggling Starting as an Analyst
Hi all,
I am interested to hear your thoughts on my current situation as my head is all over the place as I write this.
I started full-time at a BB in London this summer and hit the desk about a month ago, but so far have been really struggling to adjust to the job and lifestyle. I performed well on the internship and think I have done a pretty good job so far in terms of the quality of my work, but I'm finding it extremely stressful. Being stuck in my room all day is doing my head in, and many people i work with are too busy to explain things to me properly so i usually have little or no clue what is going on.
Anyone else experiencing something similar?
In the same boat man. Started at a top BB and have been miserable on the job so far. Not leaving my apartment for days being tied to my desk has done a bit on me. Contemplating how early I can leave without leaving a bad impression on my resume...
Glad you've said this. I feel the same way too. The other analysts in my class seem to be putting on brave faces even though we're being crushed with work with little to no guidance. I honestly think about quitting all the time. I wouldn't actually quit this early since I'm sure it would look bad on my resume, but I'm definitely unhappy with the job. I guess one perk to working from home is that I'm able to hide my misery....
Same boat as well, easy shit like writing emails become difficult when over the shoulder type convos are eviscerated by WFM. More experienced analysts, especially if they are swamped with work, feel inclined to make small edits themselves, which was part of the in person learning process.
All in all, it’s a good time to be a second year analyst but an ass time to be a first year.
This is so true and what I am finding to be the biggest problem with starting from home. Having to write out a full email for something that has a yes/no answer is not ideal whereas in the office you would just ask the person you sit next to.
Like above, same boat. Push through it and always remember why you did banking (PE, HF, own start up, etc). It’s like pledging a frat, it sucks while pledging but you’ll look back and say it was worth it.
I can understand this. I am based in EMEA and there are a bunch of ‘analysts’ who have done multiple long-term internships (6 months each) and the difference between them starting as An1 and other summer converts is quite wide.
A couple words of advice....
1) Relax, no one is expecting that much out of you. Like most things in life, being at the bottom or being at the top will get you crushed. Stay in the middle ground and fly below the radar.
2) Take a walk or two a day. When you feel yourself getting stressed, take a few moments to decompress and go outside. Even if it's just for a second, this is a luxury you probably wouldn't have in the office.
3) Connect with other analysts, try and learn from them. WFH will always be tough, part of being in the bullpen is being around other people and learning their methods.
4) Spin your wheels, but don't dig yourself into a rut. Don't be afraid to ask questions if you've tried a few different things. I have never once been angry at someone for asking me things if they have come to me and said I tried X, Y, and Z. If you come with nothing however, I will make your life miserable.
Just keep these things in mind and again, try to relax. It will all be fine. People are making adjustments to our current situation. This too shall pass.
^^this is actually helpful advice, not many wiser things have been said in regard to navigating the WFM situation.
At an EB in NYC, multiple first years already talked to me about leaving after 1 year as IB isn't for them. Wonder if less people would think this if we had started in the office.
Highly doubt ANY analyst would think about quitting due to WFH. Source: I am one.
If anything, this WFH will help lengthen the tenure of people at junior levels in IB.
Probably not in an active group. People have been getting fucking crushed WFH
Had they interned or straight to FT?
Had interned. Just a different feel when you're looking at 2 years instead of 10 weeks.
Preach dude. Lots of us feeling the same way and at least have briefly considered/thought about a way out early.
First year analyst is hard. No doubt about that. You probably have people thinking you know how to do things you don't. I can't offer much except say 1. It gets better. You will learn, and in a few months in you'll see the things you think are hard now are very easy. 2. Ask more questions. You probably aren't asking enough. Put them into writing and email. Hard for an associate to yell at you for messing something up if you send them a clear question.
Been on the desk about 4 months now fully WFH. First couple months were brutal and I really wasn't sure how I could keep it up for 2-3 years. But the ramp up does get better with time and additional reps. I'm not panicking at every little ask and am slowly but surely figuring out processes. Get thrown into the fuckin fire early and survive and everything really is easier, grind it out and be a sponge.
To echo the sentiments above, am at a US MM in LDN and in a team known for “attrition”. The sentiment is quite similar amongst peers, wouldn’t be surprised if more An1 leave/move to other opps sooner.
Bump. Curious to get thoughts - on my side, cannot say it’s much better. Hours + lack of support has made it incredibly difficult.
Bump. Curious to get thoughts - on my side, cannot say it’s much better. Hours + lack of support has made it incredibly difficult.
I am getting less stressed out than I had been, but still finding it tough. Two months in and I can't really see any material improvement in my performance, I fear WFH will stop us from coming up the learning curve quick enough so when we move back to the office people will be thinking that these new Analysts are terrible....
I'm not sure what it's like in your team, but in my team's informal group chat, we're genuinely always discussing what the First Years are doing and how we can help them perform better. If you're struggling, I'm pretty sure people know about it and have judged that it's better to let you struggle until you emerge from the trial by fire (which is the way many of us learnt). If you feel this is not your preferred way of ramping up to the level required of you, you should probably take it up with your Analysts/Associates. Obviously, don't be a dick about it, and don't be pathetic about it either, but there's value in letting people know how you feel.
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