Why does everyone want to do banking

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  1. monkeybusiness123's Avatar
    • New Member
    • Posts: 1
    Why does everyone want to do banking
    I mean after everything that has happened, does everyone still want to be in finance and why? The industry is villified by politicians and bonuses aren't as high anymore. Almost reminds me of this:

    http://wheninfinance.tumblr.com/post...job-at-goldman
  2. KLL's Avatar
    • Overlord in Training
    • Posts: 2,000
    Re: Why does everyone want to do banking
    Most other jobs are even more boring and you don't work with the same calibre and diversity of people.

    [i'd quite like to know why people seem to disagree with the notion that banking is international and has smart people working in it]
    Last edited by KLL; 05-05-2012 at 01:46.
  3. Matty919's Avatar
    • Benevolent Member
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    Re: Why does everyone want to do banking
    money
  4. non's Avatar
    • Peer Of The TSR Realm
    • Posts: 1,604
    Re: Why does everyone want to do banking
    (Original post by monkeybusiness123)
    I mean after everything that has happened, does everyone still want to be in finance and why? The industry is villified by politicians and bonuses aren't as high anymore. Almost reminds me of this:

    http://wheninfinance.tumblr.com/post...job-at-goldman
    those pictures aren't legitimate, they are obviously different people.
  5. Tsunami2011's Avatar
    • Overlord in Training
    • Posts: 2,685
    Re: Why does everyone want to do banking
    (Original post by non)
    those pictures aren't legitimate, they are obviously different people.
    :lol: are you that much of a noob, that you can't pick up the message which the picture is trying to convey?
  6. Regent's Avatar
    • Adored and Respected Member
    • Posts: 516
    Re: Why does everyone want to do banking
    (Original post by non)
    those pictures aren't legitimate, they are obviously different people.
    LOL!
  7. M4LLY's Avatar
    • Overlord in Training
    • Posts: 2,154
    Re: Why does everyone want to do banking
    Money and the diversity of work
  8. Marc Fiorano's Avatar
    • Peer Of The TSR Realm
    • Location: London, UK
    Re: Why does everyone want to do banking
    Even if the salaries aren't as high as they used to be, they're still higher than most other jobs.

    Also it is considered to be an intensive corporate environment that can groom you into 'leaders' and all that jazz. Exit ops are appealing, having a stint at an IB on the CV is good for future career, even if the future career is non-finance related.

    In fact many people go into IB with every intention to leave and go into the field they actually wanted to work in all along, but use their IB experience to command higher salary/seniority etc. Some people also do it as a kind of proving ground to showcase how good they are so that they can say they've been there and done that.

    But obviously most of it is because of the Benjamins.
  9. facdroit's Avatar
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    Re: Why does everyone want to do banking
    Besides being a partner at a top law firm, a surgeon or an engineer working for NASA no careers come close to being an ibanker.
  10. KLL's Avatar
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    Re: Why does everyone want to do banking
    (Original post by facdroit)
    Besides being a partner at a top law firm, a surgeon or an engineer working for NASA no careers come close to being an ibanker.
    actually met a guy who did intern for NASA and then went into banking cause it was more interesting
  11. facdroit's Avatar
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    • Warning points: 1000
    Re: Why does everyone want to do banking
    (Original post by KLL)
    actually met a guy who did intern for NASA and then went into banking cause it was more interesting
    Defo.
    Knowing you're responsible for multi billion deals that affect thousands of people is really something else.
    Also possible millionaire at 30 doesn't hurt either.
  12. Zalachenko's Avatar
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    • Location: Cambridge, MA
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    Re: Why does everyone want to do banking
    (Original post by facdroit)
    Besides being a partner at a top law firm, a surgeon or an engineer working for NASA no careers come close to being an ibanker.
    LOL. You're the biggest ****ing tool/clueless user I've ever come across on this forum!
  13. dgeorge's Avatar
    • Vengeful, Imperial Overlord of The Student Room
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    Re: Why does everyone want to do banking
    Money
  14. Spurious's Avatar
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    • Posts: 106
    Re: Why does everyone want to do banking
    If you are in it only for the money, then I dont see how you can survive for too long.
    There are rounds of redundancies every 6 months and if you arent good at your job, you are done.

    Dont get me wrong, money is important, but for me banking is appealing, because everyone involved likes to work hard, is driven and wants to get **** done. From previous experience at non-banking jobs, most companies arent that way and people feel miserable.
  15. fourdigit's Avatar
    • Overlord in Training
    • Posts: 2,039
    Re: Why does everyone want to do banking
    Most people dream to go banking, some actually do an extra meaningless in my opinion Masters in their field. Though it does show interest but like everyone would say, doing a degree doesn't mean everyone will get a job in banking.

    Like everyone of us, we all want security but at the same time, how many of you's will step on someone's back or many people's back to get something?

    In the name of greed.
  16. facdroit's Avatar
    • Banned
    • Warning points: 1000
    Re: Why does everyone want to do banking
    (Original post by Zalachenko)
    LOL. You're the biggest ****ing tool/clueless user I've ever come across on this forum!
    ...yet
    Without knowing you or looking you up I know I'm closer to landing the dream IB job than you are.
  17. i_hate_teeth's Avatar
    • Peer Of The TSR Realm
    • Location: London
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    Re: Why does everyone want to do banking
    (Original post by zxh800)
    Pussy Money Weed
    If that's all you want, wouldn't it be a lot easier to be a drug dealer?
  18. Zalachenko's Avatar
    • Full Member
    • Location: Cambridge, MA
    • Posts: 129
    Re: Why does everyone want to do banking
    (Original post by facdroit)
    ...yet
    Without knowing you or looking you up I know I'm closer to landing the dream IB job than you are.
    HAHAHHAHAHAH. So you admit it? Wow.

    Dream job? Oh boy, if you knew what you're signing up for.
  19. Teenage Pirate's Avatar
    • Overlord in Training
    • Posts: 3,232
    Re: Why does everyone want to do banking
    (Original post by Zalachenko)
    HAHAHHAHAHAH. So you admit it? Wow.

    Dream job? Oh boy, if you knew what you're signing up for.
    your a dumass, the commas i move and the tables i align on these bellion dollar deal$$$ make me super important
  20. Zalachenko's Avatar
    • Full Member
    • Location: Cambridge, MA
    • Posts: 129
    Re: Why does everyone want to do banking
    (Original post by Teenage Pirate)
    your a dumass, the commas i move and the tables i align on these bellion dollar deal$$$ make me super important
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