Anyone switched from investment banking to software engineering? If so, do you enjoy the change?

like
Posting as :
works at
You are currently posting as works at

I did the opposite, SWE to IB

like

Hey. Can you kindly give any tips on how did you made this switch? Looking for some tips for making a switch. Thank you.

like

I did the opposite. IB is more interesting, but I have to say with a very technical skill set people are less likely to be promoted cuz you have to play politics, be corporate and it’s annoying. Eventually went into consulting and it’s been the best out of 3 so far

likehelpful

I made the switch from Quantitative Trader at a hedge fund to IB, haven’t heard of IB to SWE though since the time constraints of learning code while working might be difficult unless you have a background already.

like

Changed it up, the hedge fund I worked at had $1billion AUM L/S Strats and it was pretty toxic (if we didn’t hit P/L some of my coworkers would just get axed and it was high pressure). Imagine just walking into work one day and seeing your coworker get canned or that day might be your last. Coding all day and doing mathematic models was boring also.

Pay was good and the bonuses were great since we outperformed benchmarks by a huge margin in 2022 but there was no job stability.

Just turned 24 so I wanted to see if IB would interest me since all my friends were in IB and it sounded cool.

like

Have a few friends who did this and talked to numerous people that did. Usually driven by sweatshop culture at their banks and wanting to get out. Haven’t met a single person that regretted the switch.

like

I’d be shocked if anyone in IB made that switch because going into SWE takes a significant amount of discipline training and intelligence that isn’t required in IB. Moreover a lot of the well paying SWE jobs expect a masters on top of a four year bachelors.

I feel IB is just built for those who can’t make it into those occupations that require mental rigor. So thus it serves to be the best paying non-technical role out there (unless you count DCF building as “technical”)

Lol this is so wrong that it’s funny 😂

like

I really don’t understand how people manage these switches. How do you work in IB and have time to get good enough at coding to land a SWE worth switching to?

When you learn to stop using your mouse.


😅I’m just kidding.

funny

Related Posts

Graduating senior. Have choices between MBB and SWE at FAANG. Not sure what to do. Long term I’d love to be in a small startup or a leader in a tech company. Not sure which path is better for that. Any thoughts?

like

At what point are you too specialized to lateral to internal audit? (PA, consulting, or industry roles) Currently have 2 years of external audit experience and 2 years of forensics: I always thought of internal audit as a decent exit but I’m beginning to get worried about getting too specialized to make that move one day

like

Do you have any advice for a career in a bank?(Position in IT)

like

Those who exited MBB, what were your options? I know I don’t want to stay in consulting and feel like trying industry soon. Most of my background is in finance and strategy.

like

Worked a few years at a small company and wondering what it actually takes to make the big jump to MBB. Anyone willing to connect and share insights?

like

Hi Fishes,
With overall 8+ IT experience and 4+ java development , how can Professional scrum master (PSM-1) certifications will help in
1. Enhancing technical profile
2. Career growth
3. For better salary package?

like

does FAANG care about cloud certs?

like

I have an undergrad degree in economics and want to pursue biotech/pharma corporate development. Are there any classes / degrees /certifications you would recommend to help make up for the lack of a technical science background?

like

Hi Fishes,
I have total 2 years of experience as a ServiceNow Developer. I am planning to switch from Accenture to other organization but I am not sure which offer should I take?

Infosys Or Wipro - having the same offer around 12 lpa

Which of the above organization will be a better for learning and growing opportunity as a ServiceNow Developer? Which one of the above is better?

like

Current:
15 LPA for 11 years experience
Brand & Marketing Role - Edutech industry

How do I scale up? And where do I need to be? How do I make it happen without switching jobs?

What industry exits are there for workforce consultants (look at labor costs/cost centers and implement workforce plan/RIF)?

like

Has anyone ever posted a general marketing position? We have an open position on our marketing team but we are unsure what type of position to offer. We have a wide variety of needs but don’t necessarily need to have this future person have all these skills. For example we need someone with great copywriting skills and also need someone who is great at digital marketing. This person doesn’t necessarily need to have both skills but if they did great, but if only one, great too.

like

When will I gain the skills necessary to be a senior? I’m coming up on my A2 year and I literally feel like a huge dunce. Can’t imagine taking on senior responsibilities. (audit btw)

likehelpful

Have to prepare for a 3 statement model case study. Any tips/tricks and resources i can leverage?

Came across some guides and videos on breaking into wallstreet and corporate finance institute but wondering if there is anything more out there.

like

Is It better to join a PE Tech company in an impending recession or stay with a public company ?

like

How is the work culture in payments domain in Amadeus labs banglore

Does this travel and payments have scope for the future

What are the competitors or other opportunities if i want to switch after 4-5 yrs of experience in Amadeus labs? Which all companies do ppl move out of Amadeus if at all

like

Hey Fish Fam, I am about to put in my two weeks notice at a Big4. Going to industry. Any sage advice or pointers on what to say and what not to say/do? I really enjoyed working at B4 and made amazing network of supportive colleagues however this opportunity is way too good to pass. Any help is appreciated, thanks!

like

I have been faking and slacking for last 2 years. I am not being pushed and challenged at work. Nobody bothers to follow-up on my work. I take my sweet time to do the bare minimum. I took a break for depression and came back . Still I didn’t have the enthusiasm to do the work.Should I just quit and figure out what I really want to do ?

like

If you do two years as an analyst at one bank is it possible to lateral into an associate position at another, or would you be an analyst again? Not at a good enough platform to get into the type of Buyside roles I want. Unsure of next steps.

like

More Posts

So I recently graduated in the fall semester from school, and I am now trying to find a entry-level full-time position in my field. I graduated with a BA in Cinema and Television Arts; specifically in Entertainment Media Management. I wasn’t able to do an internship because of work and personal stuff. Does anyone know any good tips of what entry level positions I should look into?

like

Hey guys partner kinda said something during a meeting and I low key lost it during the meeting, we kinda cooled it out. But what are somethings I can tell leadership to do better for black or people of different cultures, I actually think partners should go to some of these meetings we have.

like

Any job requirement in data analytics?

like

Nurses are suing hospitals. Do you think they'll win?

like

I’m 27 & going to go to back to college for my bachelors. I have worked in the legal field for about 8 years & I’m burnt out. After a lot of research an thought I am leaning towards either architecture or interior design. I wanted to ask some advice from anyone working as an architect or interior designer. How do you feel about the field? What are the stress levels like? Do you enjoy it? Are you working at firm or are you working independently? Any info helps! Thanks 😊

likeuplifting

Which dating app you recommend to use?

(Preferably free to low cost)
For dating and relationships!

like

Any XD leads here that work at Accenture Interactive or EY Design Studio?
How do you like it? Is one better than the other? I'm talking to both and I'm kind of torn -- they both seem like good companies to work for. Any insight would be great!

like

Hi, anyone else out there?

like

My personal life makes me want to die and work is my happy place ....

like

Moving your book with a crappy written non solicitation clause at the old bd once I get the cease and desist what can and can't I do I know it's coming it always does but what is the next step?

like

Central Florida only lost by 8 to LSU without their starting QB. That’s like expecting the saints to be 13-3 without Drew Brees. UCF is a playoff team, stay woke people

like

I’m considering taking short-term leave, for the sake of my mental wellbeing and to just reevaluate what I want to do with my career. Do I have to get a doctor’s note?

like

Plz fix, where’s EY?

Post Photo
likefunny

Does your firm find out why you failed a clearance ? Asking bc I got fired from my first job out of college a couple years ago and didn’t report it on it company background check. I’m afraid if I fail my public trust, my current firm will find out and fire me for not reporting it on my prior employers.

like

What to do when parents dig their toes into your relationship? They don't approve of who I'm with and very vocal about it.

In 10 years, this may be in the rear view or they may not let up. Anyone with experience in this?

like

R&D Vs Consultancy

Where to go?

R&D has no money! But satisfaction
Consultancy has money but I feel stressed out there.

What to do?

like

IT is what has put India on the map!

like

Posting on behalf of a friend who works for Deloitte USDC office.

Currently on H1B visa.

He wants to move from USDC to Deloitte Core due to location preference and family reasons. Since USDC is only at three locations. Core has wider range of location options.

has anyone here who is on visa moved from USDC to Core, if yes then how tough is it and how long is the process?

like

I’m looking to make the move from Detroit to Grand Rapids. Does anyone know of any agencies hiring writers out there?

like

All days are work days

Post Photo
likefunny

Additional Posts in Investment Banking - IBD

If you do two years as an analyst at one bank is it possible to lateral into an associate position at another, or would you be an analyst again? Not at a good enough platform to get into the type of Buyside roles I want. Unsure of next steps.

like

Have technical interview (pen and paper only) coming up with a BB, can anyone offer advice/resources/suggested way to practice?

like

Public finance exit opps?

What are bonuses like for a first year IB Analyst in London? (Think US banks like GS, MS, Citi etc.)

like

Equity research associate considering to pivot into IBD. Is this a wise choice? Heard ER is an exit for some of the IB folks out there.

like

I’m four months into my job and I got put onto a PIP. I worked so hard to break into IB, put up all the hours and even working 2am nights for weeks, learned a ton, and improved a lot along the way as the sole analyst yet this happens. I’m extra worried because it doesn’t seem there’s IB analyst positions out there. Im really hoping come January more positions come up but I’m just praying they don’t fire me until then. Anyone have general tips for this situation?

like

Thoughts on GP Bullhound?

Economy is shrinking folks - just got my IBD interview cancelled due to hiring needs “changing”… I will continue to prepare and be ready for the next opportunity.

like

What are some resources (paid or otherwise) that will make me a better banker? Wall street prep's course was great, anything else that would help me ramp up as a nontraditional background, lateral recent hire?

I'm up for associate promo next year and nowhere near ready right now (obviously).

like

Any advice for moving from being a lawyer to secondary advisory or private fund groups that combine this with placement/fundraising?

like

Anyone working at a MM IB firm in Washington DC? Looking for some insight. Thanks!

like

Does Barclays UK help it's employees who are interested in getting financial/ accounting certifications?Barclays

like

Any recommendations on brushing up on PowerPoint?

like

Asking for wife who's also in banking. If she got ~$100k in signing bonus in 2019 for 1 year commitment in CA and started FT in July 2020, assuming she leaves before July 2021, can her employer claw back full amount in California? Some say it's much tougher to do so under CA law but wonder if anyone has any insights. Banks won't likely care about analyst signing bonuses, but associate bonus at EB with diversity bonus can be significant. If she quits before, she won't be going to another bank.

like

Thoughts on analyst to associate promote in IB?

like

What does the branch transfer process look like for UBS? I'm wanting to transfer from my current office to one closer to home.

How do you find out who’s “top bucket” and who’s not? Do they disclose this? Also how do you become one?

like

What’s the best VDR and why is it datasite?

like

What uncommon adjustments to WACC have you guys came across?

like

What does everyone wear for client meetings in a WFH setting

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal