Do you think that the cons of working in finance outweigh the pros? What keeps you in this industry and not looking elsewhere?

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

You are in the wrong Job, wrong company. It’s busy, get involved, look elsewhere. Find the right place can be amazing. Don’t give up hope just yet. You will thank me ✌️

like

It’s been tough for sure. Public accounting really soured my perspective and has me second guessing my decision to go into finance. Stuck in a very niche area and the burnout is real.

Money and actually better work life balance than other jobs or even open business (M-F and free after 5 or 6 pm)

like

What exactly do you do? i also wang wlb

Recent IconRecent

Golden handcuffs

like

Money

like

Money and higher density of smart colleagues

like

The cons don’t outweigh the money yet. If I lose the WLB I have right now, I’d start looking for a change.

like

If I could do it all over again I would never choose finance. Pays decent, no fulfillment

like

Medical imo. Pays almost as good, way more fulfilling. Gives and takes with anything though so I’ll stick with finance.

I have to agree with Well’s Fargo one of the only reason I decided finance was money and also the reason I’ve decided to stay.

like

Pros money cons very political

like

Pros: Intellectually challenging work, interesting people, money. Cons: if you're unlucky, gaslighting / egotistical / narcissistic people or managers. Making mountains out of molehill.

like

believe it or not , i hate my job..
i just need my salary to survive, otherwise I'd have been left years ago

like

Same… sadly

like

Absolutely

What the f**k are you talking about? This is the same mentality as “life is different after high school”. At its basis finance is the relationship between risk and return. If the juice isn’t worth the squeeze enjoy selling life insurance to your in laws bro.

Na, fam. You’re just wrong.

Nope. Still here.

Money and obligations.

There are terrible people everywhere. Can you imagine being in "entertainment?" Yuck... (In a Pusha T voice)

Pusha T 😭😭😂😂

Definitely depends on the role you have within finance. Working for a business, I could definitely see the demands get to be too much. From an advisor perspective, it’s hard early in your career but gets easier as time goes on. I do think a few others mentioned it, but finding the right corporate culture and company can make a world of difference in being happy in your role.

Well like I said, I am an advisor and I set my own hours and schedule. I don’t have a company that mandates I run a certain number of meetings or things. I’m purposely staying out of management so I don’t have to deal with recruiting new advisors. I started with no clients and had to build my book through warm markets and unaligned clients. As time goes you become more marketable, get referrals, and prospects find you. Clients also do more business with you as they progress through their lives. You end up making more money working the same amount of time if you build your practice properly.

I can definitely see where things get harder for folks who work in management and back office support roles, being expected to do more with limited resources and time.

I start in finance because for the money, it's not that hard. For me, there are not many jobs out there paying as much for the effort I have to make. You just have to stick to it for a while. It gets easier, you stop worrying and giving f*cks .

The base salary keeps me here. The bonus sucks.

CONS: DEI

Before half my team left, it was 2/3 foreign born people

Related Posts

Has anybody made the jump from agency to Microsoft? Job is in Digital Production working w/ the Cloud/AI team. $ is on par. Requires leaving a full time role (rather quickly) for a 18mo contract. 🤔

Any advice on transitioning from medical sales to tech sales. I’ve been a top performing rep (ranked first and second) two out of the last three years at my current company and was top 5% at my previous company. I had my resume optimized and am getting rejected left and right even by healthcare tech and I’m not sure why. Any info or leads would be greatly appreciated!

like

Has anyone made a move from audit to consulting as a senior and could you speak a bit about the process??

like
like

Marketing leaders at startups: at what point did you make your first dedicated product marketing hire? What lessons did you learn? Did you do it too early? Too late? Didn’t hire senior enough?

like
like

S&P Global Helloo fishes.. What exactly is the role Senior Data Quality Researcher at S&P Global..?? What is the average salary bracket and what are the future growth opportunities..? Thanks in advance.. S&P Global S&P Amazon IBM Mindtree

I’m curious. What would you say is the best industry / sector for…1. WLB, 2. Great people / team, 3. Exit opp’s., and 4. Overall (mix of the above). Goes without saying the obvious “it depends on office, team, project, client, etc.” So this is an ask for general observations.

like

MBB AP about to exit to non-FAANG tech. Would you expect a signing bonus and/or pre-determined severance pay if things don't work out with the new company? Anything else that people have negotiated during their exit? I'd be leaving a large amount of bonus on the table to leave before the end of the year.

like

What would you recommend for comms planning training and/or books (other than Julian Cole - which I have done)? Looking at adding more comms planning to my skill set (which is more brand and digital at present). I’m on a client-side team (for context).

like

I’m in big law and on the cusp of making the jump to in-house. It sounds like the company I just interviewed with is getting ready to make me an offer. It’s definitely going to be a pay cut coming from big law but I do get some nice equity in the company. Is the jump worth it? I’m so burnt out by big law and this seems like an awesome opportunity to help shape a newish company. Any tips on how to figure out if this is the right move for me?

like

I currently work in risk assurance and have a strong background in data analytics. I’m not really sure what my options are looking forward or where to look. Any ideas?

like

I’m a first year that’s inching toward second year. Partners in my group say “sometimes getting thrown into the deep end is the best way to learn.” However, I feel so lost. I feel like saying the above is just an excuse for not wanting to take the time to actually teach new associates.

like

If I take extended sick leave, i.e. 3 months, do future employers look at this? I want to take a break from ACN because of burnout, but dont want it to be an issue if I change roles in the next year or so?

like

What are the exit opportunities for a product manager in canada? Ideally one that makes 2-300k

like

Does Optum United health group UnitedHealth Group provides sponsorship for taking executive management courses?

Hi there, I will be completing 1 yoe in May 2022 and looking to join MBB's. My key skills are Aletryx, SQL, Excel with VBA, R, Python, Tableau, and Power BI. I am looking for some guidance from people working in Analyst roles at MBBs.

like

Those who have moved from development into SE, do you have a desire to move into full sales or are you happy with SE and the career path it provides?

like

Hey everyone I’m a new graduate with a bs in industrial and systems engineering currently looking around for full time opportunities. One role that caught my eye is sales engineering. I wanted to ask for opinions on this career path in terms of pay and career progression. Does it have good exit opportunities? What does the career growth typically look like for this role?

like

More Posts

Hi everyone,
How and who decides rating ?

I have done a certification this time and missed on mandatory badge, will it have any impact on the rating?

like

What's the confirmation procedure in TCS? In the offer letter it was mentioned that initial 3 months would be probation and after that confirmation. Could you guys please let me know if any action or follow ups required from our end or HR will do the needful ? Please let me know

like

Hi everyone, Is this good time to join TCS for long term with 8YOE and 30LPA CTC . Are they giving wfh for Gurgaon location? Tata Consultancy

like

Who else is most definitely going to be hungover at the office tomorrow morning and regret that last drink?

like

Hello Everyone, Can anyone tell how many DC's do Infosys have in Bangalore.

I live in North Bangalore and Electronic city is too far from my home so just wanted to know if there is any other DC apart from Electronic City Infosys

like

Hi, I graduated with a bachelor in Healthcare Management and I currently work for McKesson Canada as a team lead for patient services. I am thinking about doing a masters degree in either Healthcare Management or Public Health. Which one should I go for? MHM/MHA or MPH?

like

I hope someone answer this and guide me I’m a CSR for about a year now working from home I have always wanted to work in a hospital setting was told about a job at Baptist of south Florida for a patient financial representative position did a panel interview was nervous however I emailed the supervisor she said HR was to contact me once they review my application and interview me again… I just don’t know what to expect hr to ask me…

like

Anyone have pay/salaries for Instrumentation work? Not industrial but physical applications of strain gages, temperature, pressure, voltages, displacements, accelerations…

like

How often do temporary "might-become-permanent" type jobs (at small/mid size firms) actually become permanent?

like

Here you go

Post Photo
like

Had a shitty Monday with southwest-Rescheduled my flight after not being able to print my boarding pass via app, customer care & airport self service 😪

S&P Global Helloo fishes.. What exactly is the role Senior Data Quality Researcher at S&P Global..?? What is the average salary bracket and what are the future growth opportunities..? Thanks in advance.. S&P Global S&P Amazon IBM Mindtree

Hi, i have been selected as Senior Security Analyst in VMware. Wanted to know how is work environment in VMware banglore? Also my current ctc is 12.8 with 9Yoe. How much should I pitch for?

like
like

Please suggest on this. I had interviewed at tcs 2 months back and din receive any feedback. Now again am getting interview call for tcs. Should i attend it or its wrong to attend within 6 months?

like

Can someone refer me at suitable position in citi

Skill set - Big Data QA, sql, python, Unix

YOE - 10.5

like

Wrapping my head around the equity piece of an offer. Is the equity you are granted in dollars converted to shares right away? So if the stock goes up or down, the totally dollar amount in equity granted when you sign might not be what you actually get over the first four years?

like

Does Deloitte offer sponsorship for EMBA?

Additional Posts in Finance

Trap, trap money Jamie
JP got me in my feelings
Gotta close deals wit it

like

Is retail quant trading on a massive rise?

likehelpful

What does your firm offer in terms of career development and support and how would you rate the quality of those initiatives? I feel like I've plateaued and haven't grown professionally for some time.

like

Has anyone done the GARP Financial Risk and Regulation course? Was it educational? Did you do the FRM after?

What are some questions people ask for lateral interviews?

like

Are cover letters important if they don’t ask for one? There are so many job postings and applicants I can’t tell if they would be beneficial to show effort or just a waste of time to write with how little time I assume people are looking at applications with the mass hiring going on. If I should be writing one, any advice how to format?

like

How do you deal with a coworker you just simply don't like as a person?

like

What are some good modern/post-pandemic personal finance books you can recommend?

I am investing as a beginner. What is a good company to start a brokerage account with ? Fidelity, Ameri E Trade, ML? I’m looking to put my money in index funds.

like

Sunday scaries, now with a side of UEFA Championship

like

Happy Monday! Heads be rollin today 🙃

like

What date does your bonus hit your bank account? State firm and overall division.

like

Anyone ever quit a job 5 months in without having another one lined up?

like

For those of you working at smaller firms: do you miss the social element of big firms? I find I can get lonely/wish there was a more diverse group of people

like

What is the value in professional certifications? ACCA, CFA, CIPD, etc.

like

Hey all I was wondering a pay range for a financial compliance analyst with 3 years compliance experience and 7 years as a registered assistant preferably UBS?

like

what happens if you don’t pay back sign on bonus and leave before clawback period?

like

Need a new suitcase. Should I go with a Tumi or Rimowa?

like

Married fish, when did you meet your spouse? Pre-career, when you were first starting out or when you were a bit more establish (at least a few years in)?

like

Does anyone have any insights on the Certificate Investment Performance Measurement (CIPM)?

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