Comments (44)

Jul 21, 2018

I believe the concept of an office is an extremely non-ideal setting for a human being to spend any considerable amount of time. I think something like a trading floor could actually be very conducive to health for a male. But the typical humdrum office environment will give you cancer.

heister:

Look at all these wannabe richies hating on an expensive salad.

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Jul 22, 2018

I feel very lucky to say my current job is my ideal work culture. I literally just talked about it in another post. Early fridays, horizontal hierarchy, very easy and almost expected to take vacation days, lax work hours, everyone is extremely competent, no politics, team based environment. I can go on and on. The best part? We're highly efficient and getting superb deals done all the time. We're one of the top performing teams in the company which is national.

I feel like I've kinda had it coming though. My last job was a total sweatshop and I worked there for years which allowed me to get this great job. I always used to say about my last job it could be a Harvard case study on bad management. Now I say this job could be a Harvard case study on good management.

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Jul 23, 2018

do you think the environment would vary for people depending on if they're in their 20's versus their 30's? Or any age for that matter?

Jul 23, 2018

No, I'm in my 20's and we have people in their 30's and 40's on the team. It's the same for everyone but of course there comes more leeway with title.

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Jul 25, 2018

it's all about the people / work experience you want to have. Ie. if you like Sponsors work and get a MS Sponsors offer take it over GS TMT. Atleast I would, I'm sure others would chose based on pure name.

If you are talking top BB - it's win-win.

Jul 25, 2018

Its two very long years of your life...you want to be sure you get along with your group. If not, your life could (and probably will) be completely miserable.

If its for a summer internship, I might take the better BB just so I'd have more options at the end of the summer.

Disclaimer- I turned down a MS offer for another BB offer strictly because of group culture (MS wasn't bad, just the group I'm in now was a perfect fit).

Jul 25, 2018

Culture is so so so important... if you're a strong candidate and have bargaining power, consider this seriously

Jul 25, 2018

there is nothing more important

Jul 25, 2018

all else being comparable, culture should be the deciding factor.

Jul 25, 2018

culture and fit are extremely important. The real question, though, is how do you know what the fit is going to be? If you go to a target school, you likely meet a few bankers during recruiting, probably several who are alumni of your school. Then, maybe you meet a couple more at informationals, maybe one or two more during interviews, and then a few on a sell day if you get an offer. So, all told, you are lucky if you've met 20 bankers by the time you have to accept an offer, and you have probably only met people in your group on the sell day visit. You're making a career decision now, with very little information, I'm just not sure how much of the culture one can absorb with those limited contacts. I'm definitely open to other opinions, though.
Thoughts?

Edit: One last thing - just my opinion - for your internship, you should overlook culture and take the most prestigious job you can get. Culture can decide between relative equals (say you have an offer from ML and Leh) but, you should NEVER take a Wachovia summer over a MS summer just because you like the people at Wach better - a move like that tells people you don't know the first thing about the world of finance.

Jul 25, 2018
MilitaryToFinance:

I'm currently interning in my first position at a HF and just have a question about the work environment for people with more experience. It's a medium sized L/S equity fund, 10 full time people including back office staff, and the office is basically a wide open bullpen. Occasionally there will be discussions about investments or recent events but 90% of the time the office is pretty much silent. Is this normal? It makes sense because doing research is quiet but it still feels strange to me coming from a work environment where there was constant noise and interaction. I have no frame of reference for comparison so I'm just wondering if this is standard across the industry.

It is hard to make the adjustment. I've never worked in the military so I have no idea what its like (thanks for your service by the way), but coming out of school it was weird getting used to never talking to anyone. My first internship I thought I was going to go crazy. Over time I came to appreciate that there was no pointless meetings, you could focus on your work, etc.

Jul 25, 2018

differs firm to firm based on how the people running the place like it. I have worked on quiet floors and very raucous, loud floors.

Jul 25, 2018

What do you mean a "floor"? Analysts work in cubicles, which is often referred as the "bullpen". This is not trading.

Jul 25, 2018

@Sil I realize that. You do still sit on a floor though. So what is the atmosphere of the entire floor.

Jul 25, 2018

It ranges a ton from BB to BB, and from division to division. At my BB capital markets has the energy (and chaos) of a trading floor with telephones going off all the time. M&A and LevFin are more quiet and calm at my BB. Still, the senior area of the floor has MD's on the phone going "HEY BUD WHAT'S UP" occassionally whereas the analysts are mostly just working on their assignments. Your question is so broad as to be useless, though.

Jul 25, 2018

Curious about this too.

Jul 25, 2018

Any of the distressed funds would work for you. They will grind you down to the bone and there won't be a lot golf or life at all really. Fortress, Lone Star, Rialto or Starwood should do the trick. Good luck and Godspeed.

Jul 25, 2018

What do you mean by "less operational" exactly?

Jul 25, 2018

Further away from the day to day operations of the property

Jul 25, 2018

if you're talking about job interviews, I would suit up regardless of culture.

Jul 25, 2018

For job interviews, it shouldn't vary depending on what office your interviewing for..

Standard, conservative business formal.

I didn't say it was your fault, I said I was blaming you.

Jul 25, 2018

navy/charcoal suit, blue/white shirt, tie, and done.

Jul 25, 2018

which type of interview are you interested? cultural or professional?

Jul 25, 2018

Standardized conservative uniformity across the entire industry: "laid back" is not having a tie and jacket on at 11PM. Otherwise, dress to kill. You will be judged on every detail.

...and them's the rules.

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Jul 25, 2018

suit up even on the west coast

Jul 25, 2018

where ever yuo are, wearing a suit is always a good option.

Jul 25, 2018

I don't know about you guy/gals but I feel much better in a suit

Jul 25, 2018
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