Women in IB vs S&T?

financegirl16's picture
Rank: Monkey | 37

I am a female student at a semi-target school. I am hoping to pursue an internship through the diversity pipeline. I was wondering if investment banking or sales and trading is better suited for women? Which career has more women? Which career do women usually have more success in? I've heard S&T is very fratty and women shouldn't pursue it. Where do you think women fit in best in finance?

Region: 
Global / All Content

Comments (14)

May 20, 2020

S&T is less hours but systematically is a dying industry. Automation is taking away those jobs. However, if you're great with people and sales is your thing, it's something to consider. Investment banking is a much more grueling lifestyle but if you want to learn about how companies actually work it's the place to be

    • 1
Most Helpful
  • Intern in IB - Gen
May 20, 2020

Women are better suited for whichever they are more interested in. It's as simple as that.

I'm going to be completely honest with you, having just gone through diversity recruiting myself. Don't pick a career path based on what you think is the right trajectory, pick a career path because it interests you, and you have the right personality for it. If you're passionate about the markets pick S&T. Personally, I had no interest in S&T, and felt my strengths were much better aligned with IB, so I'm going into IB. Both places are gonna be primarily male-dominated, and if that scares you or will make you unsuccessful at your job, then neither place is really going to be a "best fit".

Pick a career path because it interests you and a firm because you have good mentors, a support system, and a culture you fit in with. The hours/lifestyle and type of work you'd do in S&T or IB are different. Look into that and figure out what you really want, and that's where you are more likely to be successful. I have seen badass women in both S&T and IB, not to mention PE, HFs, and every other area of finance, just like there are badass men in all those careers too.

    • 6
  • Analyst 1 in IB - Gen
May 20, 2020

This. Do not be intimidated by any department or group because there is a lack of women or because there is a perception that women are not suited for that particular role. Pursue whatever interests you. Many men and women cannot handle the hours of IB or S&T. If you can't handle the lifestyle, than you're not any better suited for either.
There are some banks that have better mentorship and culture when it comes to retaining women. If these things are important to you, then target those banks.

    • 1
May 22, 2020

SB'ed

May 20, 2020

Whatever you are more interested in, there are very very stark differences between the two. That being said, I would highly recommend staying away from vanilla equities in terms of sales and trading. From what I have seen, the more illiquid the product the better.

If you have any questions feel free to PM, I am making the transition to IB so maybe I can provide some more color.

    • 2
May 20, 2020

A combination of your interests, desired work-life balance and personality. Your sex means nothing. If you are asking which you will get sexually harassed more in, the answer should be neither and you can solve this by reporting people as necessary.

    • 1
May 22, 2020

What personality traits make someone more suited for IB or S&T?

Array

May 22, 2020

I'm sorry but every girl on the internet is still a dude until proven otherwise

    • 1
    • 1
  • Intern in IB-M&A
May 22, 2020

Finance will never return to the frat house trading desks that were once the quickest way to make 500k after 2 years and bankers getting paid huge M&A fees. Finance attracts a totally different crowd now.

    • 1
May 22, 2020

What kind of crowd? Most of the finance majors at my school are involved in Greek life or business frats

Array

  • Intern in IB-M&A
May 22, 2020

Mostly just ambitious people that have a genuine interest in finance and don't try too hard. Sure, there will be some frat guys but for the most part finance isn't mainly composed of these type of people. To conform to the crowd you just have to appear polished, know your behavioural and technicals well and be confident in who you are and what qualities you can bring.

May 22, 2020

80s must have been a wild time for you at -40 years old

  • Intern in IB-M&A
May 22, 2020

LMAO nah I just heard from alumni that 2000 to the crisis was the peak of finance in terms of comp, culture and lifestyle. That image still resonates with most people outside of finance who perceive bankers and traders to be.

  • Prospect in 
May 22, 2020
Comment