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  #1131 (permalink)  
Old 25-06-2022, 10:24 PM
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I really can't stand how many salty people are in this thread. If you are not in the field, please don't give wrong advices.

Yes being hardo is not good, but seriously all the high flyers in top firms all show the same quality: being very determined and committed. Joining investment clubs is not a sign that you are hardo, it means you are willing to do what it takes to achieve what you want.

And all the bankers I have met all share the same quality, they are people who are very focused and hardworking. Some may look chill, but they are all very hardworking folks. Seriously, noone can break into IB by just being a personable and interest person. My personal experience with my own colleagues and peers have been that most are definitely not happy-go-lucky people like you see in your bizad club who just rag and flag all day like it can make them money.

If you are in the field, please give right advice to your juniors. If you are not in the field, please stop telling wrong sugarcoated examples. I know you sugarcoat the reality cuz you definitely didn't make it into the field, hence the coping/defensive mechanism.

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  #1132 (permalink)  
Old 25-06-2022, 10:25 PM
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joining an investment club doesnt mean u are try-hard or nerd, is just showing your interests cos you spend your time joining a club that is relevant. most of my friends active in the school investment club back then managed to get into BB front office role

srsly as a student with no prior internship experience, is B*S to say you have interest in eg. IB when all along u just part of a random comic book club (sports man are popular in IB tho)

insecure and ignorant ppl are always the quickest to judge, lol

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  #1133 (permalink)  
Old 25-06-2022, 10:54 PM
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Yet, most of the high flyers in finance industry (IB, PE, etc.) all come from those investment clubs. Maybe you're salty you couldn't make it in last time?
Getting into these clubs doesnít mean youíre good, it only means you started way earlier than your peers. When your peers are socializing in clubs/orientation, youíre learning valuations and modeling. Whatís there to be salty? Didnít know being a hardo is something to brag about

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  #1134 (permalink)  
Old 26-06-2022, 12:52 AM
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Yet, most of the high flyers in finance industry (IB, PE, etc.) all come from those investment clubs. Maybe you're salty you couldn't make it in last time?
Because everyone follows the same template = a good number of people in finance has the same resume. Try thinking about the value again when you are the interviewer, and see if you still hold it in the same regards.

We had a junior analyst (~about 3 years now) who joined us from fresh graduate without the usual investment club exp and etc. We don't have a lot of graduates who joined us from fresh graduate since it is not that common. But he is doing pretty ok.

Try thinking from the interviewer perspective, and these line items meant little in the hiring process. You just need sufficient line items to get past the first filter set up by whoever is in charge of the process in the firm. If you think investment club matter, then clearly you haven't been interviewing people.
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  #1135 (permalink)  
Old 26-06-2022, 08:56 AM
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Getting into these clubs doesnít mean youíre good, it only means you started way earlier than your peers. When your peers are socializing in clubs/orientation, youíre learning valuations and modeling. Whatís there to be salty? Didnít know being a hardo is something to brag about
You can try to hide it, but you're salty af bro. I bet you a million dollars if you did manage to break into these investment clubs last time at school you won't be calling them hardos.
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  #1136 (permalink)  
Old 26-06-2022, 08:59 AM
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Because everyone follows the same template = a good number of people in finance has the same resume. Try thinking about the value again when you are the interviewer, and see if you still hold it in the same regards.

We had a junior analyst (~about 3 years now) who joined us from fresh graduate without the usual investment club exp and etc. We don't have a lot of graduates who joined us from fresh graduate since it is not that common. But he is doing pretty ok.

Try thinking from the interviewer perspective, and these line items meant little in the hiring process. You just need sufficient line items to get past the first filter set up by whoever is in charge of the process in the firm. If you think investment club matter, then clearly you haven't been interviewing people.
Well the biggest fallacy is thinking that these high flyer individuals are all robotic and boring. The fact is that these individuals usually are intelligence and very sociable too. This is not SWEs lol.

Being smart/intelligent/determined/committed and being personally interesting are not mutually exclusive guys.

Similarly, just because you are not hardworking (or 'hardo'), doesn't automatically mean you are a personable and interesting person, you are giving yourself WAY TOO MUCH credit.
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  #1137 (permalink)  
Old 26-06-2022, 09:00 AM
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joining an investment club doesnt mean u are try-hard or nerd, is just showing your interests cos you spend your time joining a club that is relevant. most of my friends active in the school investment club back then managed to get into BB front office role

srsly as a student with no prior internship experience, is B*S to say you have interest in eg. IB when all along u just part of a random comic book club (sports man are popular in IB tho)

insecure and ignorant ppl are always the quickest to judge, lol
Exactly bro. I can't stand people who goes like "I wanna go IB omg!!!" but they don't wanna put in the hard work. They play president with their random hall committee or whatever.

In the end when they don't (surprise-surprise!) manage to break into IB, they go into forums like this slandering IB ppl who put in the hardwork.
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  #1138 (permalink)  
Old 26-06-2022, 02:17 PM
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What does it mean to 'break into IB'? Are Boutiques considered?
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  #1139 (permalink)  
Old 26-06-2022, 09:27 PM
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What does it mean to 'break into IB'? Are Boutiques considered?
Yup they are considered. Especially the mid tier accounting firms Corporate Finance teams
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  #1140 (permalink)  
Old 27-06-2022, 09:20 AM
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Which bank/fund still has remote/partial-remote WFH protocols?
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