Most Helpful

That’s just a career, not a life. Two different things.

 

This shit really made me think how theres so much more to life than finance

 

18 year olds on WSO be like....
 

"Ok so I'm a senior in highschool and deadset on IB. My plan is to get into a top target (think HYP), then hit the ground running for an internship my freshman year at a boutique, then leverage that into a local MM IB internship, then leverage that into a SA stint at a BB (think GS/MS/JPM), do 2 years as an analyst, then get into a M7 MBA, leverage that into a top private equity firm (think Blackrock/KKR/Carylyle), make partner eventually, then retire. Is this a good plan?"

 
Funniest

I mean, yeah that’s a good plan if you’re an underachiever. I personally got a BB offer after my sophomore year and then an EB offer junior year. Unfortunately they found out I lied about being gay so now I’m a prospect again.

 

I have a question though, I went to a target school and I played jump rope with the idea of getting into IB until this pandemic hit and made me think it might be better to just take my return offer at a corporate accelerator and be thankful I have a job.

Is this track essentially closed for me, and if so will I never be happy? I know this sounds like a dumb question but I really have no idea what I want to do with my life and I feel like I should have just been like my parents who just followed the medical track to success rather than try to construct my own path. Again, sorry for the dumb sounding question and thank you for your responses!

 

Take my advice with a grain of salt but if you've an itch for IB then try it out for a year or two and then decide about leaving for med school or staying in finance. 

 

My GPA is below cutoff though (still trying to figure out why financial statement analysis was so hard for me), so I don’t think I’d be able to get anything for FT (got placed as an alternate for Oppenheimer’s FT 2021), is there any hope for me with a below cutoff GPA or should I just try and take the MBA route down the line

 

Entrepreneur -> live with your parents until you're 35 -> fail to raise money -> bankruptcy -> realize that your trust fund is generation skipping -> die

 

Old days - have a high income, invest prudently, retire with a large net worth 

Today - play the startup lottery, hope you IPO, and walk away with 9 figures + in less than 5 years. 

 

Harvard -> Goldman Sachs -> Retire to Senior Government Position 

 

Goat path is definitely having your dad do all that IB -> PE -> HBS -> PE shit and then your path is

Exeter -> Harvard -> trust fund -> travel and become an “investor”

 

You think people would pay him to just yell at the beginning of a song? He's basically the director of his albums, meaning he coordinates the musicians, production, and design to produce his albums. If he was that replaceable, then no one would pay him what he gets paid. He started from nothing as a random DJ in Miami

 

 

-> Bain Managing partner -> Governor of Massachusetts 

you forgot running one of the worlds most beloved toy stores into the ground

 

Earum dolor rerum unde nisi ex culpa eaque maxime. Facere dolore iure recusandae error quia sunt commodi. Quis quia amet accusamus itaque expedita eos. Et id debitis sequi veritatis cum voluptatem et tempore. Quo recusandae reprehenderit laudantium cum consequatur a. Delectus dolorem corrupti voluptatem laudantium aliquam hic aut adipisci.

Possimus et non laboriosam natus. Molestiae fugit quas voluptatem non voluptates praesentium quaerat. Vel consequatur voluptatem officiis ut earum voluptatem hic modi. Eos incidunt dolore est enim. Corporis necessitatibus et accusantium eos placeat magni. Reprehenderit praesentium voluptatem quo placeat eos et vero dolores.

Eligendi omnis repudiandae magnam voluptate quas et. Provident ipsa ratione velit ipsa dolorum velit libero. Nulla neque ut qui praesentium.

Dayman?
 

Quod et molestiae iusto facilis minima ipsa. Officiis est ut maiores. Rem repudiandae sit adipisci esse ab hic.

Esse qui aut quidem a magni doloremque. Fuga laudantium et fugit qui tempore.

Enim dolores magni dolorum. Ab velit molestias doloremque ipsam quia nisi. In facilis dignissimos eos et est consequuntur.

Repellat consequuntur sed sit quis aut hic. Voluptatem accusamus sed non minus quod ad nesciunt. Optio eveniet nobis rem aut non.

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 (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
kanon's picture
kanon
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
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...”