We just work a normal job
I have been reading on this forum for a while now. I was just wondering, how do so many still believe that working in this job makes you more special than anybody else?Threads like "what kind of people date banker?", are banker different people? No, imho. But I suppose many people working in this industry (as already pointed out by other threads) are very insecure and just as the 15 year old stoner who's sole personality revolves around weed, base their personality on "working in IBD/finance". You are not more special than the guy/girl next to you. Yes it might be hard to get in but please don't be humbled and honoured to annouce your personality around it.This thread's more about getting people who never worked / interned in IBD to think hard about whether the alleged prestige is worth it to start this career. Trust me at 2AM it does not matter if you put a blue eagle, square or american flag on your slides.Obviously aware that the most active users on this forum never seen a bank from the inside. But hey at least not Instagram.
Ok ECM Intern
Point proven.
I mean we get paid more which makes us more attractive but we also have no free time which makes us extremely unattractive
but really if you want to be attractive just get your body fat really low and don't be a fat slob
abs are all the prestige you need
95% chance the person who threw MS is a fattie
I threw it. Can confirm am fat.
Lose some weight, you’re living at half of your potential
I agree, man.
Some would say he is living at twice his potential
there, have your banana. you've earned it, tubbs.
Weak troll do better
I’m 100% sincere and 31% straight
Who needs a 6 pack when you got a keg?
My biggest pet peeve is when bankers talk about “normal people” working “normal jobs.” Bro - we’re Excel monkeys who happen to make a lot of money, not neurosurgeons. On the flip side, makes it pretty easy to quickly filter out the annoying elitists.
Is being a neurosurgeon not normal? My brother is one and imo while he’s very intelligent/hardworking, I dont see how that isnt a “normal” job
I guess everyone decides whats “normal” in a different way. High pay? High educational requirements? Fame?
A senior banker at Tier 1 BB told me he wouldn't trust his analysts to hold a spoon. Exact words lol.
Agree very much. There's nothing that intellectually difficult about IB. It's just a lot of hours.
I have worked across different industries in multiple roles and in different countries. To an extent, everyone believes they are doing "important work" and are better than others. In reality, when they go home, they know that is not true. They just say that to themselves so they can go back to work the next day.
Oh how I beg to differ!
I'm doing "God's work" and therefore am a master of the universe.
I started this internship thinking I'd be working every waking hour. it's not even a bad job. cool material too.
Will search your username in 1.5 years
does it get worse? I see people going on vacation and stuff too which is not something I would have thought would be a possibility
I'm sick of IB and probably won't stick around much longer, but it's not a normal job. Strictly from an hours & comp standpoint, a mid/early 20s junior banker working over 2x the average American work week routinely, making $250k+ by the time they're 24/25, and making more on year-end bonus than the overwhelming majority of ppl make in a year is highly abnormal.
I used to work construction - that was a normal job. I got a paycheck that covered a reasonable lifestyle in a low COL area, worked 50 hours/wk, clocked in and out at the same time every day, and no one was interested in learning about how I shoveled stones from one pile to another. That job was actually more satisfying in a lot of ways.
You've made a good point.
I guess the intention of my post was more about arguing that this IB job or any is not made to base your personality on or derive "prestige". Nobody outside your banker/uni circle cares about if you work at a BB, EB, PE, MF or whatever. It is just a job. Sure it pays well but still, it's a job. It is only ONE part of your life / existence. There is more.. friends, family, love, hobbies.. and so on.
I suppose found for myself and perhaps would invite others to consider: Do not base your decisions on others' opinion or 'prestige' thoughts. Do it because you like it or derive some sense of value from the impact you can have on companies / markets, i.e. real people. Latter things I do believe Investment Banking can offer. Now I do respect the people in it for the money more than any prestige hunters. Perhaps grew up poor, want to support family etc.
On a certain level, manual labor will always be more rewarding than anything I do in an office. Not all the time and I enjoy intellectual rigor, but there is something to be said about using your hands to create something that is deeply satisfying.
Who the hell is making "$250K+" by 24/25?
Didn't start making that kind of money until 29, and with an MBA.
What's more sad and pathetic is that I can't manage to save more than $50K a year making the kind of money I do because of sky high taxes and unreasonable COL.
Graduate at 22, A2A after 2 years, ~$160k base as an A1 only requires 50% bonus to get to ~$250k, so most A2As.
There's a lot to be said about your job being defined w/ 0 ambiguity and your progress on that job being completely quantifiable at any given moment. Neither of those things exist in finance; however, if you're putting up drywall, you know exactly what needs to get done once you get to the site in the morning and you know how much more needs to be hung until you're finished at all times.
Are you the ones who make the letters on my vape look nice? Asking for a friend.
Well, if you're working 80 hours a week at a job, it kind of becomes difficult to separate that from who you are.
Now, if you work only 40 hours a week at a job and it becomes core to your personality, then I actually find that more weird.
2011 meme ya na
Pretty sure most of those threads are just jokes/trolling
While there is a lot of trolling that goes on here, I wouldn't be surprised when a large percentage of the people going into high finance probably lived in a bubble their entire life or are (possible FGLI or middle class and) breaking into the world of the "upper class" and don't really know what the lifestyle/norms of someone who is wealthy is like.
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