High Finance Thread

Originally Posted by Unregistered

I have 2 M&A firm experience, currently at a boutique but its not a feeder. Interviewed for 5-6 MM banks, all failed. As we all know you need to hit certain places to have a shot at BB, and seeing my peers get it is quite demoralizing. Thats why my current rate is only MM at best... I quite enjoy M&A, but imo IBD is NOT worth it unless its a EB/BB. After reading the comments I think I'll just press on and go big (or go home...) Thanks all.

Expand your list. You can increase your chances with a good buy-side internship too. That's what worked for me.

What is the proportion of investment bankers exiting to the buyside after a few years?

Originally Posted by Unregistered

What is the proportion of investment bankers exiting to the buyside after a few years?

How the fk we know

Originally Posted by Unregistered

How the fk we know

You don't know doesn't mean everyone else don't know. Don't speak for others.

I'm asking for anecdoctal evidence based on observations around an existing or ex-investment banker's settings, not your setting.

Originally Posted by Unregistered

You don't know doesn't mean everyone else don't know. Don't speak for others.

I'm asking for anecdoctal evidence based on observations around an existing or ex-investment banker's settings, not your setting.

Hey man just ignore that troll. I'm a VP in one of the BBs, would say 70% of my analyst classes left for buy side or corp dev roles.

Originally Posted by Unregistered

Hey man just ignore that troll. I'm a VP in one of the BBs, would say 70% of my analyst classes left for buy side or corp dev roles.

Thanks, that's what I'm looking for. Interested to hear your motivation in staying within the sellside. Are the people who have left for buyside happy with their decision?

Originally Posted by Unregistered

Thanks, that's what I'm looking for. Interested to hear your motivation in staying within the sellside. Are the people who have left for buyside happy with their decision?

Pay. And some people just enjoyed being a banker / hustler, plus that bit of self perceived feel good factor.

Obviously there are people who left and went back to sell side. But I think most people are quite happy to have left. My friend stopped sleeping in toilet cubicle, have better hours, and is still well paid.

The other thing to consider is private markets or public markets. I didn't start off in IBD and didn't start off in sell side. But I just can't see myself ever going into PE or sell side.

IB life nowadays are also much more bearable.. 2am nights are not the norm anymore

Would say about 12am - 1am..

And also protected weekend initiatives, although it might be ******** but they do honor it somewhat at the BB i'm from.

So i definitely get at least Friday night off and 1 weekend (on average, there are times when i get both weekends free also)

Originally Posted by Unregistered

Hey man just ignore that troll. I'm a VP in one of the BBs, would say 70% of my analyst classes left for buy side or corp dev roles.

What's VP comp on BB nowadays? 500-800?

Originally Posted by Unregistered

IB life nowadays are also much more bearable.. 2am nights are not the norm anymore

Would say about 12am - 1am..

And also protected weekend initiatives, although it might be ******** but they do honor it somewhat at the BB i'm from.

So i definitely get at least Friday night off and 1 weekend (on average, there are times when i get both weekends free also)

Who says...