Peacoats are very casual. get a topcoat. you will look better. If you just wondering about whether it is acceptable, fine, go for it, few people will notice that you are wearing a casual coat. It's made of wool and dark coloured, so most people will be fine with it. But if you actually care about looking good, avoid wearing a peacoat with a suit. most peacoats aren't even very long...does it just cover your suit or something?

 

If this coat issue is the most important factor for your preparation for an interview, I don't if I am impressed by how "prepared" you are or sorry how insecure you are.

Personally, I usually wear an overcoat. I have a peacoat, which I look better in and have wore it on occasion. I don't think anyone care, and I usually take off my coat and suitcase in the reception area anythings.

----------------------------------------------------------------- Hug It Out
 

The reason I worry is because from how it sounds, people are looking for ANY reason to ding you. I don't want to rock my interview, but then come off as a douche because I was dressed too casual for the interview. I'm extremely strapped on cash and can't afford to buy another coat.. this is why I ask. I'll try to make some extra money somewhere in this case, thanks for the help guys.

 

Navy is classic, but I don't think it will look as professional... I think of navy as being collegiate, kind of like a navy blazer with gold buttons. I personally think charcoal is your best bet because you will have another color to switch it up and it will go with just about anything (black, charcoal, lighter gray, navy) where the navy you will be more limited. Maybe you love navy and wear a lot of it, but I think charcoal is a better purchase all around.

"That dude is so haole, he don't even have any breath left."
 

A peacoat is inherently less formal. A gentleman in a professional environment should be wearing a topcoat, greatcoat, or car coat. Those garments lend themselves to wear with a suit, whereas a peacoat is for active use (military, sport, manual labor [fishermen, farmer, etc.]). You really ought to try to avoid wearing one into the office.

If you want a peacoat, one of my favorite is the Academy Wool peacoat from Ralph Lauren, it's actually fairly inexpensive.

I am permanently behind on PMs, it's not personal.
 

Got the new J. Crew peacoat, my only beef with it is that the wool irritates the neck. Other than that, I'm pretty happy with that buy.

“Our biggest regrets are not for the things we have done but for the things we haven't done”
 

This site can make you a bit paranoid, but I say don't worry about it. If you go in and rock your interviews, they probably won't think less of you for seeing you in a less-than-formal coat for all of 30 seconds before and after your interviews as you take off/put on your coat in the lobby.

I'm in your boat too, I wouldn't even have a formal coat at all if my father hadn't gotten me one last year.

I am permanently behind on PMs, it's not personal.
 
Best Response

If you're willing to spend $1,000 on a peacoat, you're at the entry-level price range for a bespoke overcoat. This means you can customize the length and fit to be more age-appropriate (3/4 length vs. full-length, very tailored), add a lining for some personality, and customize all the minutia as you see fit (button color, thread color, collar felt, pocket placement, etc. etc.).

The problem with a peacoat is that it's inherently an informal jacket. That's not to say it can't look good (they're often cut better for younger figures), that they aren't worth the price, that they aren't warm and comfortable, and that they're inappropriate period. It's simply saying that it isn't traditionally the winter garment a professional male would wear.

Unfortunately, professional dress etiquette is driven by historical rules. You may have a particular sartorial bent, but any deviation from the accepted code may earn you some frowns from the old guys who have been around a long time. At best, they simply blink a few times. At worst, they get the impression you're either tasteless (don't know what you're doing) or think you're arrogant (for knowing and ignoring).

Similar to avoiding red ties during interviews, aggressive socks in your first year, French cuffs as an analyst, etc., it's better to avoid the peacoat with a suit. Will it kill you if you do it? Nope. Speaking from experience though, it's best not to rock the boat in terms of clothing as an analyst. Be known for your work product, not anything else.

I am permanently behind on PMs, it's not personal.
 
APAE:

If you're willing to spend $1,000 on a peacoat, you're at the entry-level price range for a bespoke overcoat. This means you can customize the length and fit to be more age-appropriate (3/4 length vs. full-length, very tailored), add a lining for some personality, and customize all the minutia as you see fit (button color, thread color, collar felt, pocket placement, etc. etc.).

The problem with a peacoat is that it's inherently an informal jacket. That's not to say it can't look good (they're often cut better for younger figures), that they aren't worth the price, that they aren't warm and comfortable, and that they're inappropriate period. It's simply saying that it isn't traditionally the winter garment a professional male would wear.

Unfortunately, professional dress etiquette is driven by historical rules. You may have a particular sartorial bent, but any deviation from the accepted code may earn you some frowns from the old guys who have been around a long time. At best, they simply blink a few times. At worst, they get the impression you're either tasteless (don't know what you're doing) or think you're arrogant (for knowing and ignoring).

Similar to avoiding red ties during interviews, aggressive socks in your first year, French cuffs as an analyst, etc., it's better to avoid the peacoat with a suit. Will it kill you if you do it? Nope. Speaking from experience though, it's best not to rock the boat in terms of clothing as an analyst. Be known for your work product, not anything else.

I always thought Burgundy/Maroon ties were pretty standard for interviews. Or was that only referring to brighter reds?

 

I agree with APAE. Go for a long(ER) overcoat for suits, you may be able to venture into the bespoke/custom world or go off the rack and buy a peacoat for about the same price. I love my peacoat and have had a really good one for years (I forget the brand but it's an old school one that the Navy uses) over multiple fashion cycles but it's not appropriate for business wear. And I think the Burberry one you're looking at is too blue for dark suits regardless but just go for the long overcoat. You can find fashionable ones that are mid-thigh and are cut more slim fit so they're not the huge baggy coats, but that's what you should wear when you're wearing a suit. Especially if you're front office IB.

 

Right but I dont only want a coat that I can wear with a suit. I will wear my suit maybe twice a week at most, thats it. I dont see the need to buy a coat that will only be worn a couple times a week. Was looking more for something that can be casual and professional at the same time. i.e. I am not going to wear an overcoat out on the weekends or to come to the office on a Sunday....

Dont you guys think a topcoat on a 24 year old looks a little ridiculous? Maybe its just me but its not very youthful and looks strange.

Any recommendations on something that might fit the above?

 
LehmanMeHangin:
Dont you guys think a topcoat on a 24 year old looks a little ridiculous? Maybe its just me but its not very youthful and looks strange.

Any recommendations on something that might fit the above?

Again it really depends on the style of the topcoat. Would a long, boxy coat look ridiculous? Sure. But just googling "modern cut topcoat" brought be these two:

https://s-media-cache-ak0.pinimg.com/736x/4a/66/d3/4a66d37fe85234e9918a… https://assets.burberry.com/is/image/Burberryltd/0b0d8d6024cea9869e7b3c…

Both seem to have going out and professional applications

Commercial Real Estate Developer
 

Obviously go with what you want and the links above look good, but think about it this way: you bought suits specifically for work so buying a coat that specifically goes with those suits that you wear to work isn't too insane. A good overcoat lasts for a long time if you take care of it, and if you plan on staying in NYC and in finance for any decent amount of time you'll get good use of it. And you don't necessarily have to spend a ton of money on it.

But if you're going to go for a peacoat make sure it's dark enough that it will work with charcoal suits and if it's blue it's darker than your navy suits. Depending on your personal style you could also go with a Chesterfield that's cut to the mid thigh.

And I'm a little older and slightly more conservative when it comes to business dress, but no, I don't think a long coat looks odd on a 24 year old. Personally I think it looks appropriate. I also think things like backpacks look ridiculous when someone's wearing a suit and that metal watches are sports watches and leather bands are appropriate when wearing a suit.

 

What do you guys think about wearing a nice peacoat like this with business casual attire to the office? Most BBs do not require suits anymore in NYC. Most days I go in with a suit minus the jacket, and sometimes no tie. I might agree now that a topcoat might be more appropriate when wearing a full suit or on very formal occasions, but assuming I go into the office more business casual (as do most people in IB nowadays), would a peacoat still not be recommended?

 

Aliquid ipsa quis consequatur ratione at. Molestiae nemo nesciunt rem tempore. Molestiae ut in quae. Dolore omnis ut amet nesciunt. Ab vitae est ut tempore odio porro.

I am permanently behind on PMs, it's not personal.

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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
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...”