Former FDD who jumped to ibanking at a boutique. It’s absolutely crap - bonuses are down this year and the work blows. Going back to FDD firm because putting together a QofE is so damn easy compared to the busywork crap in banking. Grass is not always greener on the other side

likeuplifting
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I knew it… ib just seems horrible, have no idea why people here consider it the holy grail.

like

Earnings potential is far greater

Need to go to a good IB with plenty of deal flow and you’ll learn a lot

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I think OP is referring to the grunt work which is like 70-80% of what people end up doing

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You went to a boutique. Friends at MM or BB are still making 2-3x FDD at all levels. But ya hours suck

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IB itself is not a hard job, it’s just the constant work pressure. If you want 300-400k at the associate level by all means it’s the way to go.

If your pretty comfortable with 180-200k at the manager level, the next 100k after taxes won’t make you that much happier tbh.

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Are you goi g to Pdub?

Nice. Congrats!

What size deals were you working on?

It’s a boutique. Should be expected. MM shops will pay significantly more.

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