Just genuinely curious, why do people want to chase after BBs? Is it compensation, growth opportunities, or better exit ops? Let's say every day at work, what's the difference of working at GS and RBC?
$$$
The big names: GS / MS don’t even pay as much - everyone goes for the name
What’s your expectations?
Also opposite to tech is that well paying finance careers are far more widespread. Outside of NY and maybe Silicon Valley its hard for the tech wages to match finance. However this is changing slowly.
Probably a mixture of prestige and exit opps. Some people put culture above brand name so I guess it could vary from person to person
Definitely for the exit opps
Make that paper then gtfo.
The gold digging babes
Definitely prestige and exit opps. You get much better looks at different places at Goldman Sachs, and the stamp on your resume means a lot more
Prestige, money, exit opportunities
It’s all the brand name. It’s that stamp of approval that’ll put you above the rest when applying for any job. It’s the corporate equivalent of going to Harvard
That’s how I felt when I first joined.
And how do you feel now?
Six figure pay out of undergrad, ~250k with an MBA + exit opps. not just private equity but if you want to get to CFO, starting in IB gives you a big boost. Lots of high trajectory finance/Corp dev jobs list "2-5 years at top IB/PE/Consulting firm" or something like that under experience.
Tech Industry
Yesterday
2139
The end of Backdoor Roth?!
Working Parents
12h
1015
Closed now - thank you all
Tech Industry
Yesterday
2708
Quitting this Slave life
Working Parents
Yesterday
881
What do you think is wrong with a kid who got rejected by 9 colleges?
Software Engineering Career
11h
1221
Bow down to SWEs who got into Uber India🙇🙇
Exit Opps. But I’d say a finance career now is significantly less attractive than 15 years ago. Keep in mind, tech salaries being crazy has only been a thing for the last 10 years. Prior to that, careers in finance were where you could earn lots of $$ in your 20s / early 30s.