Would love to hear from those who worked in IB for more than 2 years and still thinking about LT career in IB. What keeps you going? How do you deal with burnout?
In IB at Boutique for about a year. It’s been tough but love the work. Just been compromising on health and exercise and family responsibilities…

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Fourth year in. Can confirm easiest job relative to the amount of money you make once you know what you’re doing and know how to delegate. Have heard others say literally a monkey can do it, okay, but you’re a monkey on track to make $300-400k in your mid-20s. Where else are you going to make that kind of money at this age? Not sure I necessarily want to be an MD just because relationship management doesn’t really fit my personality at the moment, but know that’s something I can work on and develop over time, so why not keep going?

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Agreed, that’s a nice intrinsic motivator

Literally the only reason anyone stays is the money

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Honestly it's just the money and inertia. I don't wanna study for buyside interviews and restart political stuff at a new firm

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Starting year 5 in a couple months. Unless you love your job and/or getting paid +250k, GTFO. Youth goes fast, especially in IB.

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I think he’s implying that he makes +250k

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If you decide that you want to stay, it is about finding the ways to balance and delegate when appropriate. Not every week is going to be perfect, but you have a lot more control as you get more senior and not a lot of other jobs you can make this kind of money. While you could make more money in PE longer term, I think the stress of always being responsible for each investment and having it potentially define your career if something goes wrong would definitely be more stressful

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Ok. Anything else? 😂 There’s more money elsewhere

smart

This is a fact and people in IB are so blind to it lol

I mean from my experience it’s basically an easy way to have a great lifestyle. Yes it’s tough work but it’s easy to just stay the course and have a good income

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