How tough is an investment banker's life? Plan your career in the wide world of finance. Life as a banker's girlfriend Wednesday, 19 August 2015. I posted an AMA about being a derivatives trader at a bank. ._3-SW6hQX6gXK9G4FM74obr{display:inline-block;vertical-align:text-bottom;width:16px;height:16px;font-size:16px;line-height:16px} 19 votes, 27 comments. yes, we do have lawyers working in IB. This girl's life has such uncanny resemblance to mine in every aspect of life that I almost feel like we may be the same person in parallel worlds! so anyway, when you get your giant bonus at the end of year, it's really easy to put some in long-term savings. on one hand, it is supposed to pay for performance, rewarding the profitable areas of the bank. By using our Services or clicking I agree, you agree to our use of cookies. Also his work deal will last until November so that's when the crazy hours will calm down from working 7 days a week sometimes until 3am to something more reasonable like 8:30pm weeknights. you will be expected to drop everything, even if your brother is getting married, for the job. undergrad: BS Electrical Engineering mba: finance, accounting. Then, Associates move up beyond that level, and mid-level employees such as VPs will earn a total closer to the mid-six-figure range (e.g., $400K – $500K). 11 comments. We had that guy when I was in FDD at Big 4 in NYC. Step 1: Networking and resume . they are known to be assholes. Mergers & Inquisitions. I’ve quit investment banking yet its investment banking that continues to ruin my life. Free Banker Blueprint + Discover How To Break Into Investment Banking, Hedge Funds or Private Equity, The Easy Way. Whenever you hear "xyz dot com is going to merge with abc", you can bet that I'm involved. Life is too short to spend your best years slaving away. Banderas has been spotted out and about with the investment banker in his native Spain in recent days and now he has confirmed Kimpel is his new love following his marriage split from Melanie Griffith earlier this year. Cookies help us deliver our Services. Investment banking is one of Wall Street's most coveted roles. How to Increase Incomings and Decrease Outgoings; Contact Me; About Me and About This Blog. The chances of the average internet/game company being profitable for any extended period of time is about on the level of subprime mortgage bundles. Junior-level employees (Analysts) tend to start with total compensation in the $100K – $200K range. I'm interested in the corporate side of law and am excellent with numbers, but right now it's a blood bath in the legal world. Thanks for doing this … How did you get there? As a banker on the Internet team, I get to work with the top brass at every possible website you can think of. I am on the path to become what you are. He was making almost $500k at 28 before he died of a stroke. .LalRrQILNjt65y-p-QlWH{fill:var(--newRedditTheme-actionIcon);height:18px;width:18px}.LalRrQILNjt65y-p-QlWH rect{stroke:var(--newRedditTheme-metaText)}._3J2-xIxxxP9ISzeLWCOUVc{height:18px}.FyLpt0kIWG1bTDWZ8HIL1{margin-top:4px}._2ntJEAiwKXBGvxrJiqxx_2,._1SqBC7PQ5dMOdF0MhPIkA8{height:24px;vertical-align:middle;width:24px}._1SqBC7PQ5dMOdF0MhPIkA8{-ms-flex-align:center;align-items:center;display:-ms-inline-flexbox;display:inline-flex;-ms-flex-direction:row;flex-direction:row;-ms-flex-pack:center;justify-content:center} ._12xlue8dQ1odPw1J81FIGQ{display:inline-block;vertical-align:middle} and with all the new regulations that are coming to wall street, there's got to be jobs opening up in the compliance department. i mean for god's sake i fear the guys who can't stash away a sizeable chunk. i-banks are meritocracies, the best people, regardless of age, religion, or creed, will rise to the top. Press question mark to learn the rest of the keyboard shortcuts. Ask your questions, and I will answer. I'm sure you've heard stories about us. He's never there. it is also incredibly exciting, cut-throat, and demanding. i did a summer internship at the bank. applications for summer internships are typically due around january. To become an investment banker or not, that is the question. What caused the 90+ hour weeks? Base salaries for 1 st, 2 nd, and 3 rd Year Analysts at large banks are $85K, $90K, and $95K, with year-end bonuses between 70% and 100% of those numbers (lower percentages in earlier years and higher toward the end). This thread is archived. Do you work for a Bulge or Boutique bank? Of course, very few firms actually are physically located on "Wall Street" anymore, but the comment stands. ._9ZuQyDXhFth1qKJF4KNm8{padding:12px 12px 40px}._2iNJX36LR2tMHx_unzEkVM,._1JmnMJclrTwTPpAip5U_Hm{font-size:16px;font-weight:500;line-height:20px;color:var(--newCommunityTheme-bodyText);margin-bottom:40px;padding-top:4px}._306gA2lxjCHX44ssikUp3O{margin-bottom:32px}._1Omf6afKRpv3RKNCWjIyJ4{font-size:18px;font-weight:500;line-height:22px;border-bottom:2px solid var(--newCommunityTheme-line);color:var(--newCommunityTheme-bodyText);margin-bottom:8px;padding-bottom:8px}._2Ss7VGMX-UPKt9NhFRtgTz{margin-bottom:24px}._3vWu4F9B4X4Yc-Gm86-FMP{border-bottom:1px solid var(--newCommunityTheme-line);margin-bottom:8px;padding-bottom:2px}._3vWu4F9B4X4Yc-Gm86-FMP:last-of-type{border-bottom-width:0}._2qAEe8HGjtHsuKsHqNCa9u{font-size:14px;font-weight:500;line-height:18px;color:var(--newCommunityTheme-bodyText);padding-bottom:8px;padding-top:8px}.c5RWd-O3CYE-XSLdTyjtI{padding:8px 0}._3whORKuQps-WQpSceAyHuF{font-size:12px;font-weight:400;line-height:16px;color:var(--newCommunityTheme-actionIcon);margin-bottom:8px}._1Qk-ka6_CJz1fU3OUfeznu{margin-bottom:8px}._3ds8Wk2l32hr3hLddQshhG{font-weight:500}._1h0r6vtgOzgWtu-GNBO6Yb,._3ds8Wk2l32hr3hLddQshhG{font-size:12px;line-height:16px;color:var(--newCommunityTheme-actionIcon)}._1h0r6vtgOzgWtu-GNBO6Yb{font-weight:400}.horIoLCod23xkzt7MmTpC{font-size:12px;font-weight:400;line-height:16px;color:#ea0027}._33Iw1wpNZ-uhC05tWsB9xi{margin-top:24px}._2M7LQbQxH40ingJ9h9RslL{font-size:12px;font-weight:400;line-height:16px;color:var(--newCommunityTheme-actionIcon);margin-bottom:8px} I have a friend who's been working as an Analyst for almost a year now and he says all he does is make powerpoints for his boss, and discounted cash flows. Home » Corporate » When you’re married to an investment banker When you’re married to an investment banker. As he got out, a bus came along too close to the curb and completely tore off the driver's side. i hear that even though you guys make a ridiculous amount of money. 78% Upvoted. Girlfriend mad at me (although she's the one that suggested I do this). Definition: Investment banking is a special segment of banking operation that helps individuals or organisations raise capital and provide financial consultancy services to them. Investment banks act as intermediaries we’ve seen hundreds of resumes and conducted countless interviews with new analysts and associates. Steven Terner Mnuchin (/ m ə ˈ n uː ʃ ɪ n / mə-NOO-shin; born December 21, 1962) is an American politician, The banker immediately whipped out his phone and dialed 911. .c_dVyWK3BXRxSN3ULLJ_t{border-radius:4px 4px 0 0;height:34px;left:0;position:absolute;right:0;top:0}._1OQL3FCA9BfgI57ghHHgV3{-ms-flex-align:center;align-items:center;display:-ms-flexbox;display:flex;-ms-flex-pack:start;justify-content:flex-start;margin-top:32px}._1OQL3FCA9BfgI57ghHHgV3 ._33jgwegeMTJ-FJaaHMeOjV{border-radius:9001px;height:32px;width:32px}._1OQL3FCA9BfgI57ghHHgV3 ._1wQQNkVR4qNpQCzA19X4B6{height:16px;margin-left:8px;width:200px}._39IvqNe6cqNVXcMFxFWFxx{display:-ms-flexbox;display:flex;margin:12px 0}._39IvqNe6cqNVXcMFxFWFxx ._29TSdL_ZMpyzfQ_bfdcBSc{-ms-flex:1;flex:1}._39IvqNe6cqNVXcMFxFWFxx .JEV9fXVlt_7DgH-zLepBH{height:18px;width:50px}._39IvqNe6cqNVXcMFxFWFxx ._3YCOmnWpGeRBW_Psd5WMPR{height:12px;margin-top:4px;width:60px}._2iO5zt81CSiYhWRF9WylyN{height:18px;margin-bottom:4px}._2iO5zt81CSiYhWRF9WylyN._2E9u5XvlGwlpnzki78vasG{width:230px}._2iO5zt81CSiYhWRF9WylyN.fDElwzn43eJToKzSCkejE{width:100%}._2iO5zt81CSiYhWRF9WylyN._2kNB7LAYYqYdyS85f8pqfi{width:250px}._2iO5zt81CSiYhWRF9WylyN._1XmngqAPKZO_1lDBwcQrR7{width:120px}._3XbVvl-zJDbcDeEdSgxV4_{border-radius:4px;height:32px;margin-top:16px;width:100%}._2hgXdc8jVQaXYAXvnqEyED{animation:_3XkHjK4wMgxtjzC1TvoXrb 1.5s ease infinite;background:linear-gradient(90deg,var(--newCommunityTheme-field),var(--newCommunityTheme-inactive),var(--newCommunityTheme-field));background-size:200%}._1KWSZXqSM_BLhBzkPyJFGR{background-color:var(--newCommunityTheme-widgetColors-sidebarWidgetBackgroundColor);border-radius:4px;padding:12px;position:relative;width:auto} I was on a global FP&A Team for a few years, and I had a ton of 70 hour + weeks on end. It’s important to enjoy your life at all times. Go through investment banker jobs online to find a position that matches your experience level and qualifications. It wasn't more tha Eventually you’ll realize being able to steadily keep working despite how long you’ve been at it is a very valuable skill. younger guys often sleep in the office, and work 7 days a week. 13 July 2019. on the other hand, it didn't work so well in recent years now did it?! i got the job through a traditional route: top undergrad school with high gpa and engineering background, work experience in technical field, back to get my mba at top 5 school where i got a 3.8 gpa, and was hired to work at the bank following graduation. "I had someone in a black shirt," says the senior M&A banker. Of course, very few firms actually are physically located on "Wall Street" anymore, but the comment stands. Posted on April 1, 2013 by Arani Satgunaseelan in Corporate, The Escape Key // 0 Comments. 1 year ago. i expect to make around 1.2 million this year. Join 307,012+ Monthly Readers. getting into investment banking is easy - as long as you are still a junior in college and are a serious student. What did you REALLY want to be when you grow'd all up? When you hear this, you probably nod and say something like, “Yeah, I’ve thought about that,” hoping the person you’re talking to doesn’t take the conversation any deeper. It turns out Jeremy Sng, 40, investment banker, is one hella cool guy, hence the pics you see here. Pretty fancy. NYC is expensive -- not $1.2 million expensive, but you're basically an average professional athlete, except money is your job. so if digg got bought for 10x EBITDA in 2008, we can get an idea of how the market might value a competitor. i suppose it's worth what somebody wouuld pay them for it. hours are easily 100 hours/week. ,also makes a very good reputation and personality. Indeed ! what did you do in college and is it really all connections? I was an investment banker for 9 years, first with Deutsche Bank and the last 4 years with Goldman Sachs as a Vice President before the market meltdown cost me my job back in 2009. ._1zyZUfB30L-DDI98CCLJlQ{border:1px solid transparent;display:block;padding:0 16px;width:100%;border:1px solid var(--newCommunityTheme-body);border-radius:4px;box-sizing:border-box}._1zyZUfB30L-DDI98CCLJlQ:hover{background-color:var(--newCommunityTheme-primaryButtonTintedEighty)}._1zyZUfB30L-DDI98CCLJlQ._2FebEA49ReODemDlwzYHSR,._1zyZUfB30L-DDI98CCLJlQ:active,._1zyZUfB30L-DDI98CCLJlQ:hover{color:var(--newCommunityTheme-bodyText);fill:var(--newCommunityTheme-bodyText)}._1zyZUfB30L-DDI98CCLJlQ._2FebEA49ReODemDlwzYHSR,._1zyZUfB30L-DDI98CCLJlQ:active{background-color:var(--newCommunityTheme-primaryButtonShadedEighty)}._1zyZUfB30L-DDI98CCLJlQ:disabled,._1zyZUfB30L-DDI98CCLJlQ[data-disabled],._1zyZUfB30L-DDI98CCLJlQ[disabled]{background-color:var(--newCommunityTheme-primaryButtonTintedFifty);color:rgba(var(--newCommunityTheme-bodyText),.5);fill:rgba(var(--newCommunityTheme-bodyText),.5);cursor:not-allowed}._1zyZUfB30L-DDI98CCLJlQ:active,._1zyZUfB30L-DDI98CCLJlQ:disabled,._1zyZUfB30L-DDI98CCLJlQ:hover,._1zyZUfB30L-DDI98CCLJlQ[data-disabled],._1zyZUfB30L-DDI98CCLJlQ[disabled]{border:1px solid var(--newCommunityTheme-body)}._1O2i-ToERP3a0i4GSL0QwU,._1uBzAtenMgErKev3G7oXru{display:block;fill:var(--newCommunityTheme-body);height:22px;width:22px}._1O2i-ToERP3a0i4GSL0QwU._2ilDLNSvkCHD3Cs9duy9Q_,._1uBzAtenMgErKev3G7oXru._2ilDLNSvkCHD3Cs9duy9Q_{height:14px;width:14px}._2kBlhw4LJXNnk73IJcwWsT,._1kRJoT0CagEmHsFjl2VT4R{height:24px;padding:0;width:24px}._2kBlhw4LJXNnk73IJcwWsT._2ilDLNSvkCHD3Cs9duy9Q_,._1kRJoT0CagEmHsFjl2VT4R._2ilDLNSvkCHD3Cs9duy9Q_{height:14px;width:14px}._3VgTjAJVNNV7jzlnwY-OFY{font-size:14px;line-height:32px;padding:0 16px}._3VgTjAJVNNV7jzlnwY-OFY,._3VgTjAJVNNV7jzlnwY-OFY._2ilDLNSvkCHD3Cs9duy9Q_{font-weight:700;letter-spacing:.5px;text-transform:uppercase}._3VgTjAJVNNV7jzlnwY-OFY._2ilDLNSvkCHD3Cs9duy9Q_{font-size:12px;line-height:24px;padding:4px 9px 2px;width:100%}._2QmHYFeMADTpuXJtd36LQs{font-size:14px;line-height:32px;padding:0 16px}._2QmHYFeMADTpuXJtd36LQs,._2QmHYFeMADTpuXJtd36LQs._2ilDLNSvkCHD3Cs9duy9Q_{font-weight:700;letter-spacing:.5px;text-transform:uppercase}._2QmHYFeMADTpuXJtd36LQs._2ilDLNSvkCHD3Cs9duy9Q_{font-size:12px;line-height:24px;padding:4px 9px 2px;width:100%}._2QmHYFeMADTpuXJtd36LQs:hover ._31L3r0EWsU0weoMZvEJcUA{display:none}._2QmHYFeMADTpuXJtd36LQs ._31L3r0EWsU0weoMZvEJcUA,._2QmHYFeMADTpuXJtd36LQs:hover ._11Zy7Yp4S1ZArNqhUQ0jZW{display:block}._2QmHYFeMADTpuXJtd36LQs ._11Zy7Yp4S1ZArNqhUQ0jZW{display:none}._2CLbCoThTVSANDpeJGlI6a{width:100%}._2CLbCoThTVSANDpeJGlI6a:hover ._31L3r0EWsU0weoMZvEJcUA{display:none}._2CLbCoThTVSANDpeJGlI6a ._31L3r0EWsU0weoMZvEJcUA,._2CLbCoThTVSANDpeJGlI6a:hover ._11Zy7Yp4S1ZArNqhUQ0jZW{display:block}._2CLbCoThTVSANDpeJGlI6a ._11Zy7Yp4S1ZArNqhUQ0jZW{display:none} I've heard law is terrible right now. i saw your hamptons pad in the WSJ the other day. wearing a suit sucks, but you get used to it quickly. He was the one guy that would always answer the phone at 5:45PM on Friday afternoon. Choisissez parmi des contenus premium Priya Runchal de la plus haute qualité. My story dating a banker part 1 I started this blog by taking inspiration from the blog ibankergirlfriend.blogspot.com.au. It operates around the world with major centers in Hong Kong, London, and New York. share. Hours are insane. close. As a VP or above, you should not wear a short red dress and black heeled shoes connections can play a big part in helping you get to know the bank. Get Free and Instant Access To The Banker Blueprint: … i have no clue how much these guys make. what happened to your desk, did it survive or did it explode during the crash? Copy link. 6. Is it more competitive? ditto for analysts. Before you decide on your career path and start applying for internships or full-time IB analyst or associate programs, ask yourself these eight questions. i think that would just make things worse, It definitely ebbs and flows...some days I question my decision but I know it won't be like this forever so I can take some small comfort in that at least haha. You’ve probably heard the title Investment Banker thrown around as a possible career path for you after graduation. the way to entry is through the internship. Using the new salary and bonus survey from London recruitment firm Dartmouth Partners, we've produced an estimation of the amounts you can expect to earn in salary plus bonus if you stick with a career in the investment banking division (IBD) of a top tier bank in the City of London- if you're lucky.. How much does a banker make a year? Join 307,012+ Monthly Readers. ._1PeZajQI0Wm8P3B45yshR{fill:var(--newCommunityTheme-actionIcon)}._1PeZajQI0Wm8P3B45yshR._3axV0unm-cpsxoKWYwKh2x{fill:#ea0027} "And yes, he wore it to a client meeting." An investment banker isn't the typical banker you meet at a local bank that opens your checking account or extends you a car note. we also use comps (any real estate agent will be familiar with the term "comparables") to see how it is valued against other deals. .ehsOqYO6dxn_Pf9Dzwu37{margin-top:0;overflow:visible}._2pFdCpgBihIaYh9DSMWBIu{height:24px}._2pFdCpgBihIaYh9DSMWBIu.uMPgOFYlCc5uvpa2Lbteu{border-radius:2px}._2pFdCpgBihIaYh9DSMWBIu.uMPgOFYlCc5uvpa2Lbteu:focus,._2pFdCpgBihIaYh9DSMWBIu.uMPgOFYlCc5uvpa2Lbteu:hover{background-color:var(--newRedditTheme-navIconFaded10);outline:none}._38GxRFSqSC-Z2VLi5Xzkjy{color:var(--newCommunityTheme-actionIcon)}._2DO72U0b_6CUw3msKGrnnT{border-top:none;color:var(--newCommunityTheme-metaText);cursor:pointer;padding:8px 16px 8px 8px;text-transform:none}._2DO72U0b_6CUw3msKGrnnT:hover{background-color:#0079d3;border:none;color:var(--newCommunityTheme-body);fill:var(--newCommunityTheme-body)} By Liza Corsill o. February 29, 2016 Every day of every month ... And finally, finish it all off with some investment-level brown lace-ups. Share. saying that, it's considered an "untraditional" path to entry in IB, and honestly I don't know that much about how one would get into banking. It is also one of the hardest. must have been a crazy few years for you. it's a full fledged process. jackets are often taken off and ties are set aside during routine parts of the day. He is an investment banker and he said he plans to quit his job in the next year or so. But then you see something for $50k you want, and you have that in your chequing account. Trouvez les Priya Runchal images et les photos d’actualités parfaites sur Getty Images. They are paid a base salary and a bonus for their compensation. A blog written by the hapless girlfriend of an analyst, illustrates the depth of the problem. That, and the fact that you can't take anything with you when you die. You may come across an investment banking analyst opening at JP Morgan Chase, like this one: Investment Banking Analyst Responsibilities. ._3bX7W3J0lU78fp7cayvNxx{max-width:208px;text-align:center} like many in the business, i plan to earn big and retire early, leaving banking for good to focus on raising a family and living in the mountains. the investment bankers bonus is a subject of great debate at the moment. definitely not for everybody. investment bankers receive most of their pay in one, end of year lump sum. A successful investment banker parked his brand new Porsche in front of the office, ready to show it off to his colleagues. ._3Qx5bBCG_O8wVZee9J-KyJ{border-top:1px solid var(--newRedditTheme-line);margin-top:16px;padding-top:16px}._3Qx5bBCG_O8wVZee9J-KyJ ._2NbKFI9n3wPM76pgfAPEsN{margin:0;padding:0}._3Qx5bBCG_O8wVZee9J-KyJ ._2NbKFI9n3wPM76pgfAPEsN ._2btz68cXFBI3RWcfSNwbmJ{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:21px;display:-ms-flexbox;display:flex;-ms-flex-pack:justify;justify-content:space-between;margin:8px 0}._3Qx5bBCG_O8wVZee9J-KyJ ._2NbKFI9n3wPM76pgfAPEsN ._2btz68cXFBI3RWcfSNwbmJ.QgBK4ECuqpeR2umRjYcP2{opacity:.4}._3Qx5bBCG_O8wVZee9J-KyJ ._2NbKFI9n3wPM76pgfAPEsN ._2btz68cXFBI3RWcfSNwbmJ label{font-size:12px;font-weight:500;line-height:16px;display:-ms-flexbox;display:flex;-ms-flex-align:center;align-items:center}._3Qx5bBCG_O8wVZee9J-KyJ ._2NbKFI9n3wPM76pgfAPEsN ._2btz68cXFBI3RWcfSNwbmJ label svg{fill:currentColor;height:20px;margin-right:4px;width:20px}._3Qx5bBCG_O8wVZee9J-KyJ ._4OtOUaGIjjp2cNJMUxme_{-ms-flex-align:center;align-items:center;display:-ms-flexbox;display:flex;-ms-flex-pack:justify;justify-content:space-between;padding:0;width:100%}._3Qx5bBCG_O8wVZee9J-KyJ ._4OtOUaGIjjp2cNJMUxme_ svg{display:inline-block;height:12px;width:12px}.isInButtons2020 ._4OtOUaGIjjp2cNJMUxme_{padding:0 12px}.isInButtons2020 ._1ra1vBLrjtHjhYDZ_gOy8F{font-family:Noto Sans,Arial,sans-serif;font-size:12px;font-weight:700;letter-spacing:unset;line-height:16px;text-transform:unset}._1ra1vBLrjtHjhYDZ_gOy8F{--textColor:var(--newCommunityTheme-widgetColors-sidebarWidgetTextColor);--textColorHover:var(--newCommunityTheme-widgetColors-sidebarWidgetTextColorShaded80);font-size:10px;font-weight:700;letter-spacing:.5px;line-height:12px;text-transform:uppercase;color:var(--textColor);fill:var(--textColor);opacity:1}._1ra1vBLrjtHjhYDZ_gOy8F._2UlgIO1LIFVpT30ItAtPfb{--textColor:var(--newRedditTheme-widgetColors-sidebarWidgetTextColor);--textColorHover:var(--newRedditTheme-widgetColors-sidebarWidgetTextColorShaded80)}._1ra1vBLrjtHjhYDZ_gOy8F:active,._1ra1vBLrjtHjhYDZ_gOy8F:hover{color:var(--textColorHover);fill:var(--textColorHover)}._1ra1vBLrjtHjhYDZ_gOy8F:disabled,._1ra1vBLrjtHjhYDZ_gOy8F[data-disabled],._1ra1vBLrjtHjhYDZ_gOy8F[disabled]{opacity:.5;cursor:not-allowed} Press J to jump to the feed. How fucking bad is it to wear a suit all day long? You almost have no time for yourself. The 90 hour weeks are because I'm on multiple live deals and sometimes their busiest weeks happen to overlap. They act as intermediaries between security issuers and investors and help new firms to go public. Not to mention some states already had too many lawyers to begin with o.o. top 5 MBA, become the best student at school, crush your interviews, and get an offer. What caused the 90+ hour weeks? comfy shoes are key. Thanks for doing this btw, it's very informative. /*# sourceMappingURL=https://www.redditstatic.com/desktop2x/chunkCSS/IdCard.de628c13230c59091a5d.css.map*/._2JU2WQDzn5pAlpxqChbxr7{height:16px;margin-right:8px;width:16px}._3E45je-29yDjfFqFcLCXyH{margin-top:16px}._13YtS_rCnVZG1ns2xaCalg{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:18px;display:-ms-flexbox;display:flex}._1m5fPZN4q3vKVg9SgU43u2{margin-top:12px}._17A-IdW3j1_fI_pN-8tMV-{display:inline-block;margin-bottom:8px;margin-right:5px}._5MIPBF8A9vXwwXFumpGqY{border-radius:20px;font-size:12px;font-weight:500;letter-spacing:0;line-height:16px;padding:3px 10px;text-transform:none}._5MIPBF8A9vXwwXFumpGqY:focus{outline:unset} Aren't you both just taking advantage of our handy capitalistic pyramid scheme where the rich get richer? E.g., did you say something like: "I want $300k a year after I retire, so I need $6 million in the bank, therefore i'll live off of $400k a year now and bank the rest, and the $100k difference would cover the cost of living/working in NYC versus being retired on a mountain?". The investment banking arm of Bank of America, this investment bank came about through a long chain of mergers, most recently Bank of America’s acquisition of major investment bank Merrill Lynch during the financial crisis of 2008. Do you work for a Bulge or Boutique bank? it's incredibly competitive, and you will need to stand out from the crowd. How would someone get started in your field? Second this. I'm a 36 year old Investment Banker, working for one of the largest, and most powerful banks on Wall Street. And when he is there, he's still working. how's the slammer? i got in after getting my mba. How do you do it? Pay used to be great. 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