{ "media_type": "text", "post_content": "Is investment banking really that pathetic as a career? Thinking of getting into IB. I have 1 year in tech consulting, and 1 year in strategy consulting. I’ve been working with financial services and automotive clients. It seems easier to break into EB IB than MBB, and my goal is to exit into PE, preferably without getting a top MBA. Is it worth getting my wlb hit for 1-2 years?", "post_id": "61a7ac452a0a09003671536e", "reply_count": 18, "vote_count": 1, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

Is investment banking really that pathetic as a career? Thinking of getting into IB. I have 1 year in tech consulting, and 1 year in strategy consulting. I’ve been working with financial services and automotive clients. It seems easier to break into EB IB than MBB, and my goal is to exit into PE, preferably without getting a top MBA. Is it worth getting my wlb hit for 1-2 years?

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FYI - most PE firms will send you off to get an MBA after 2 years anyways

likehelpful

Yes, worth it. This is the best market for IB in a decade. It’s cyclical and will go down. Get in now.?

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If you’re willing to take the WLB hit them go for it. It is as easy at it will ever be at this point in time. Having said that, it is still pretty challenging to break in and will require a lot of prep and networking!

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Who said it is pathetic? Not my cup of tea but I don't know why it would be 'pathetic'.

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Hearing your responses I can tell you the life ain’t for you

Why would you ever want to work 90 hr weeks

helpful

Thanks for reality check :)

If you don't answer your emails past 8pm, stick to consulting or corporate. IB and PE are not for you.

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^ second this. I did my time as an associate and had many nights in the office until 2-3am when a book was due. Boyfriend is still in IB and his analysts and associates are getting crushed working crazy hours and most weekends. That should be your expectation if you join too. 8pm is often around the time when you get comments back from whomever reviewed your work, and you’re usually expected to turn those comments that night. So if you don’t want to work past 8pm, you’ll find investment banking very challenging.

If the goal is PE then yes, do it

Only you can decide if the late nights and unhealthy eating/lack of gym time is worth it for you.

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