Has anyone noticed that a good amount of recruiters at shops like Selby Jennings, etc., have IB experience? For instance, recruiter reached out to me and has 2.5 years as an analyst at Wells Fargo.

Why would anyone switch from IB into recruiting? More bonus potential (getting paid % of placed persons salary) and less stress/hours?

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

Lifestyle, considered it for a second when leaving banking

I didn’t consider it that seriously but everything and anything was on the table at that point

It’s a sales job except you’re selling hopes and dreams instead of a product or service

A lot of recruiting firms prefer their team to have direct experience in industry. Makes them so much more relatable and able to understand and work with people on finding the right fit in terms of culture, product, size, etc.
Not to be an a** but how often do you get a call from a stupid recruiter who is just trying to fill a role and doesn’t understand your trajectory or experience. The industry experience gives them a massive leg up.
Not to mention, after banking there are many other exits besides PE 😂 and some people like having a life.

Related Posts

What should I be looking for as a non tech consultant with 2 yoe going to a pre ipo startup valued at 10b. Nyc of sf based. Recruiter said 120-130 salary is the range

like

I am currently a civil engineer thinking of switching to software engineering. I got my masters in water resource engineering where I was coding a decent amount for assignments and it has really stuck with me. Unfortunately, in my current role and field (civil), I don’t really get to do much coding. Does anyone have a similar experience of jumping ship to do software engineering? What would be the best way to go about it (coding bootcamp, another degree, something else)?

like

Hi,

How is this designation. How is the work life balance, growth & internal hike in Schneider Electric . Also, what will be the in hand salary in this CTC. YOE - 6.8, Tech Stack - Salesforce. The HR literally argued & gave me the exact same CTC which I had already from another company. How is the work culture here . Location - Bangalore.

Thanks.

Post Photo
like

Hey folks, what is average fixed CTC of supervising associate in RM profile, also what is appraisal and bonus cycles in EY GDS. is there any wellness program like Deloitte.

like

How hard or easy is it to transfer groups within EY?

like
like

Hello Friends, I have 2 questions please help to clarify.

I am joining in CTS on September last week so when i will be considered for appraisal ?

And also for variable compensation I will get in this March right? For this we don't need to wait for a year I guess.

like
like

What salary can we expect for senior technical consultant from Salesforce company?

like

Received an offer for equity research and IB, both in toronto. ER paying $120k base and my understanding is that bonus can be around 25-30%. IB is paying $105k base but likely higher bonus? Which one would u choose if you think you would be good at both

like

For 🐠 with a MBA!! I am currently a FT consultant, and PT MBA student. As I complete my MBA, I am planning on my next career move. I could either stay at my current firm or jump ship.

If you are open to sharing, I would appreciate knowing your salary offered to you and firm name, once you had onboarded to said firm with a MBA.

like

MBB folks, I’m a Product Manager (non-tech company) and interested in working at MBB.

Which level/role does MBB can offer me ?

like

Just started b4 m&a — first job out of law school for reference — I don’t know what I’m doing at all and imposter syndrome is kicking in very badly. Any helpful resources ppl recommend for starting out?

like

I’m looking into exiting consulting and moving into product management. Picked up a few books to read. Would a PM certification provide a lot of value? Any other tips are appreciated! Thank you.

like

Hi Advisors,
I gave one interview and Solve Game assessment for McKinsey & Company - Specialist / Teamlead role Client Capability Network CCN.
Could some one guide me.. on what will be the next steps in Interview and hiring process
How can I prepare for next rounds
What's approximate time taken for hirng cycle
What would be the base salary for this role

Current CTC 15L, 7YoE

Thank you
- McKinsey & Company

like

Citi India. Guys did anyone get stat bonus in salary this month? Have been receiving it every year in October but not this time. Shocked personally.

like

Hi People,
Please give me a rough estimate on how much hike we can expect in my annual salary revision. I expected 8LPA when I joined. They gave me 5LPA with a promise of revision in 3months after joining. They inc it to 7.75LPA after 4m and during appraisal cycle gave 25k 11months to make it to 8LPA. In Oct my hike is due, so I would to like negotiate my hike. Please let me know how much I can ask for.

So, is it worth to leave Deloitte for a startup? Given that current CTC is 6 and startup is offering 16 in hand?

likefunny

I am planning to shift to Dubai with my wife. Looking for opportunities.
I have 14 plus yrs of total experience with 9+ years of experience in Java, Springboot and Microservices. I work as Tech Lead.
My 13 years of Work experience is in Financial Domain.
1. How much Salary should I expect ?
2. How much is enough to live in Dubai in a good way without compromising on lifestyle.
3. My current CTC is 37 Lakhs INR (Inhand 227000 per month)
Thanks in advance

like

More Posts

Anyone from Synechron here.

Can please tell me about the Synechron Finlabs?

The recruiter is telling me they are opening access for me in FinLabs. What does that mean?

Will I be contributing to FinLabs Innovation projects or what?

like

Anyone talk to a Muslim therapist? Muslim matters because I’d like to talk about marital issues, and not sure others will get the religious context. NYC preferred. TIA!

like

Experience/success/insights with an “endometrial scratch” before first FET?

like

Starting with our very first IVF cycle this week and kinda nervous 🤞
Nurse says retrieval to happen tentatively around 18th Dec but then transfer can take place in early February too considering genetic testing takes weeks. Is this the norm? Just fearing the team is not unnecessarily delaying things owing to holiday break.

like

To do an ERA or not before transfer is the question. My clinic said currently the recommendation is to only do an ERA with multiple transfer fails, but I’ve read about ERA’s for those with recurrent pregnancy loss as well. Anyone go through this experience?

likehelpful

Getting an offer from Accenture later this week. Wondering what to shoot for in TC for IT Manager role… I have 8yrs exp, MBA from state school, CISA, in MCOL city.

$165 base? Bonus?

Any advice on negotiations appreciated!

like

Alvarez & Marsal Currently a manager at Big4 FDD. Should I accept an offer with A&M as a senior? Also I'm worried about the upcoming recession and would like to hear your thoughts. TIA! PwC EY KPMG Deloitte Alvarez & Marsal

like

I only have limited time in Copenhagen, and can only choose between Glyptoteket or National Gallery of Denmark. Which one would you recommend and why?

like

Wife got lawyer, and I am interviewing lawyers starting tomorrow. I am primary breadwinner (95%), but she is citing at-fault divorce. I have been having substance abuse issues and anger issues (no physical violence). Need help. She is okay about negotiating outside lawyers. Can anyone recommend a divorce lawyer in ATL area? Any pointers? No kids. Married for 3 years. I paid her student loans and put her through school.

Happy to be here! Politically speaking: I consider myself a Classic Liberal (JFK Liberal: “Ask not what your country can do for you, ask what you can do for your country.”) Constitutional conservative, fiscally moderate, socially liberal.

like

Hi Fishes,
I am working as a Sr Manager/Team Lead in service based industry since 10yrs, my total experience in leadership is 6 years. I want to shift my focus into product based companies. Any guidance/tips for me? Also dm if you know about any product manager roles in your sea.

Can anyone refer me Globant India Pvt. Ltd. For Java developer position.

YOE : 6
Tech stack : Java spring,springboot

Anyone in herspiegel? I’m looking for a referral for a consultant/sr consultant position in life sciences if you are hiring. Have 2 YOE.

likefunnyuplifting

How long would you say it takes to adjust to a new job?

like

Cat on my flight won't stop meowing 😾😫

like

Are there any family oriented women in DC !? Looking for a mate who is as ambitious as I am, but who also wants a fam. Seems like it's not gonna happen with anyone from DC

like

Anyone ever read "How to Win Friends and Influence People." Is it worth reading ? Also, any other recommendations for business related reading !?

like

@Deloitte "expert" defending Messi the other day - this is how you take the first penalty for your country!

like

Any advice on how to switch from big 4 to tier 1 consulting firms like BCG and MCK?

like

Work life balance or work life integration 😭

like

Additional Posts in Investment Banking - IBD

Thoughts on PJT strategic advisory?

like

Could someone please suggest how to handle this situation?
My manager (Technology Director) sees me as an emerging thread to his position and stopped sharing details / trying to avoid including me in visible projects etc.,
FYI - His manager is the division head and Managing Director.
Why I think my manager tries to move me out?
- I am 18 YOE with a technically strong background
- Upper mgmt is starting to identify me as the backup for all systems. My manager tries to move me out since then

like

Received an offer for equity research and IB, both in toronto. ER paying $120k base and my understanding is that bonus can be around 25-30%. IB is paying $105k base but likely higher bonus? Which one would u choose if you think you would be good at both

like

Late stage analyst 1 at a mid-market heavy TMT focused M&A boutique in London. Keen to increase exit opps and realise it may be worth trying to lateral to a BB / name brand. Any opinions / advice on achievability? If low, what’s the best move here.

like

I am going to speak with a recruiter at Houlihan Lokey TMT in LA. I would like to know more about the group and its culture. Would love to connect and network🙏

like

Any staple brands for a first year analyst’s wardrobe?

like

For those that have worked at a Bulge Bracket and an Elite Boutique, I’d love to hear you compare/contrast your experiences.

like

Just signed an offer and moving to Chicago in about a month. Unfortunately, I don’t know anyone there. Any best practices for finding roommates?

like

Question for more experienced bankers, when did you start to feel comptent at your job? For example, I am 5 months in and am still making small mistakes and getting corrected, feeling like I’m putting in the work and time but still miss things, thoughts on normal progression?

like

I’m a financial advisor (Series 7 and 66) and I really wish I would have become an accountant or investment banker. I like advising, but it’s a grind to find people to make new clients to sell to in order to survive. Are there any exit strategies for a successful young 26 y/o advisor to move to investment banking or a salaried advisor job?

like

Interesting all the noise about these PPT, my take:

The pandemic took all the upside of an IB analyst life (client meetings in person, fancy trips, suit up, worshiped at networking events) and left all the juniors with the downside (long hours, monkey-like type of job, aggressive work environment).

Not that the complaints are not sort of legitimate but you may need to revise the decision-making process that led you to accept a return offer. Specially if you were looking for less hours.

like

What do we think is going to happen with student loan deferral? Any recent new grads thinking they’re going to pay back any time soon? Some argue Biden is going to keep pushing interest pause til next election then forgive 10k as a strategy to help get re-elected? I only have 15k to pay and can pay it anytime, but no incentive to when that money can be earning more elsewhere in the meantime, thoughts on what is really going to happen?

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

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

like

Anyone analyze QoEs before? Need to come up with questions for due diligence call and looking for some guidance

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

Anyone know of any banking analyst lateral opportunities in Chicago? Looking to jump to BB/EB. Any insight to the shops around here is much appreciated!

like

Senior Risk Consultant + CPA at big 4 (4 YOE) looking to break into IB with no Deals experience. Would appreciate any tips, tricks and resources for interview prep and beyond. I have an interview coming up with an MM bank in their Real Estate group. TIA

like

I can really use some direction. My background, I've worked 2 years in strategy and am currently coming off an exhausting year 2 in investment banking. I didn't particularly enjoy either role and am not interested in moving over to the buy-side or some monotonous FP&A role. Everybody says there's exit-ops aplenty, but I find myself with less options and even more picky than I did as an ambitious T2 undergrad student. Where do I go from here?

like

does anyone have experience exiting after 1 year? any vengeful MD stories? my MD knows a lot of people and i’m scared if i interview or exit to one of these places that he has a connection at he might try to mess with my career...

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