Which groups take care of junior bankers?

New t1Tn7X
7d 8 Comments

Is there any generalization about which groups in general take care of junior employees? Or does this depend on company? Is it better to be in a competitive group for a better learning experience?

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TOP 8 Comments
  • Bloomberg / Eng iVX372
    Goldman Sachs fires "the bottom" 15% of its analysts every year, who all work 80+ hour weeks. They definitely "take care of junior bankers."
    7d 4
    • Goldman Sachs
      123Thisguy

      Goldman Sachs

      PRE
      JPMorgan Chase & Co.
      123Thisguymore
      Not true
      7d
    • Bloomberg / Eng iVX372
      Thanks, HR.

      I've read that this is true of Goldman's investment banking analysts, not necessarily of other positions. Care to elaborate on the Goldman IB analyst forced attrition policy?
      7d
    • Goldman Sachs
      123Thisguy

      Goldman Sachs

      PRE
      JPMorgan Chase & Co.
      123Thisguymore
      It's not fixed at 15%
      7d
    • State Street Corporation / Acctg
      BBJC58

      State Street Corporation Acctg

      PRE
      Goldman Sachs, Credit Suisse
      BBJC58more
      I used to work at GS. The analysts are on a 2 year program. Most leave for graduate school.
      6d
  • Capital One / Mgmt
    IamBuying

    Capital One Mgmt

    BIO
    I love people!
    IamBuyingmore
    Define take care?
    7d 0
  • New colink
    Totally bank by bank. Depends on lead banker
    7d 0
  • Credit Karma yir312
    The more prestigious the bank / subgroup, the better.

    Tech is best, followed by probably healthcare.
    7d 0

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