Why does everyone want IB?Subscribe
Graduating undergrad here, just got converted at US mid-BB.
Why the f*ck does everyone want to do IB?
It was all I could think about in my previous 2-3 years of undergrad, but now that I've done a few internships and gotten an offer - I've been asking myself why I wanted to do it, and why others want to as well. We don't get paid particularly great, we don't get treated super well, yes we learn to f*ck around on a spreadsheet and look like a pro (pro what I still have no idea lol), we can make a nice looking slide (I'm sure consultants can do a better one, also it's not us doing the actually "make look nice", it's the DTP team).
I would cum for a trading job in energy or something with half the pay and half the hours. Is it all about the exit opps? What am I missing here? Please give me something to tide me over the next 2 years. What is this prestige thing even about? I feel embarrassed telling people that I work in investment banking. I just say "finance" or "banking". It feels so cringe to say "I work in investment banking."