Would you be willing to cut back on your lifestyle? I’m looking to take a pay cut and get out of IB. But that also means I need to decrease my month spending.

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Wouldn’t worry about what ppl in this anonymous forum do or don’t. Follow your gut and cut back if you need to, for your own wellbeing.

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Thank you for that. I am just nervous about the unknown.

I’m in the same situation and I think it is worth taking a pay cut and getting out. I haven’t yet so it shows how hard it is to do, but I know I need to do it soon. Thinking it will 100% be worth it on the other side

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I hate that I am not a risk taker. My friends and family tells me that I should be grateful landing a role in IB. But what they don’t know is the stress, workload and hours.

Come to corporate banking and work 40 hours a week and still make six figures with a 20% bonus and get your life back.

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I’m on a sales team as an AVP and it’s not bad but I’m also working for a regional bank so it’s less than JPM, BOA and those banks. You can do it at a regional bank or just do FP&A at a non-bank and it will still be good money. Where do you live?

After much hunting, I managed to move laterally into industry. No change to pay but hours of work are much less so overall a massive $ per hour increase

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VP1 are you saying TC is the same as it was in IB? Would love to hear about where you landed if that’s the case

i left a large bulge bank within marketing with no plan. Major lifestyle change but you adjust. You find less meaning in the material and enjoy waking up to go outside/see family etc. You will find another job, start your own gig. It's just a company, you'll find work elsewhere. Coming from someone who did it and got out, you will be ok. You don't need these firms to be successful. if you have drive to make money, you will.

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Just go buyside

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