I'm going to have to chop it up with you next time Im out there I didnt know that breh
I HATE Being An Investment Banker (Life Rant)
- Thread starter Theraflu
- Start date
every interview i ever went on in the private sector either had 0 blk in the offices....just working security and cleaning stuff
This is a rant so pardon my incoherence
I'm sitting outside my office building on a break I have to write this because my life fukking sucks right now. I work at an investment bank, a very big one (JP,UBS etc)
I have a BSc, MSci and I'm CFA level two educated. I recently got hired as an associate in January. I was previously an analyst where I had little exposure and now I have my own work and serious contact with clients the reality of this is all hitting.
I left my old finance job to work in the family business for 18 months and honestly nothing will compare to working for yourself but I needed to get back to work. Working for family good but was only to help out.
Investment Banking is the worst job ive ever had. I've worked in call centres during college, retail, being a waiter but no job has made has been as ridiculous as IB.
1. It's not diverse. All the IB firms do all this affirmative action and equal opportunity big talk to make it SEEM like they're diverse but it's B.S check the directory of every main IB firm. There's like 4 black people per 100 whites.
They like EVERYONE but blacks. The tipping point was this week. I've been working with a black charity which helps place black kids in Wall Street bank internships. These kids are smart, have experience and we spend months prepping them interviews. Only one of them secured a role.
Mean while I have this new intern shadowing me today he is dumb as a brick and lacks basic common sense and he is somehow there.
I've been observing that in every division there's the same pattern (2 black men, 2 black women and that's it). I'm pretty certain they're only there to fill a quota.and legalities
You spend your days working with literally people like Don Sterling ALL my clients I'm working with on deals are ALL senile and old and you can tell the ones who don't wanna be doing business with a black dude
Last week I had to go Vienna for a day to meet a new client and you should have seen his face when I walked in
To top it all off I interviewed a black girl from another division who was great a few weeks ago and our M.D said she wouldn't be a good 'fit' meanwhile they hired some random blonde chick
The only good thing about people a black investment banker is the money but how much is it really worth though. Yes, I earn a lot but at what cost ?!
Oh and I finally get why people like @Poitier and @marcuz hate bed wenches so much. Black women are literally not rated AT ALL as in AT ALL by our clients (CFO's CEOs etc) while all the white VPs get to travel our black female VP rarely gets to travel ever. They don't see her as a 'face' for the firm.
I just think people need to stop pretending n saying the 'black boys need to study and go college''we just need to work 10 times harder'
All that 'you gotta work twice as hard' shyt our parents told us was LIES.
It's nothing to do with your degree, your presentation these people are always gonna operate the one at a time rule
I hate being an investment banker and Ill advise all black males to run away from this life path.
I wanna go back to family business but pay isn't enoughI miss being my own boss
This life is a lie breh's I went through college did all the things people claim black men should do and I'm still no better off
i feel your pain but some of this shyt is fukkery. your experience is not all and won't be all black people in the business experience. you're in germany for one how many black people are in germany much-less to be in finance like that over there. the financial sector is responsible for creating more wealth for its workers than any other sector how you gone tell us not to pursue it. also there are a good few black people who worked in the business that went on and did well for themselves.
I'm going to have to chop it up with you next time Im out there I didnt know that breh
oh come on bromo
remember i was in london this weekend and made this troll thread lol http://www.thecoli.com/threads/i-sa...day-and-had-to-take-pics-for-the-coli.227100/
come dude. ive already invited @Geoffrey_Chaucer
OG_StankBrefs
Da Spice...
Man that doesn't even take the cake, it's even more polarizing in a big city like LA, where there's a reasonable size of African-Americans but 90% of the cats I see employed are always pushing brooms / doing extremely low wage labor jobs. I'm not knocking anyone for working, but I almost never visibly see our people in any positions of power ssmh....don't you just.
I remember when I saw this pretty black girl on our floor and got all excited
she was an agency temp admin
*L*E*G*A*C*Y*
Done.
how tight are you and the female VP@newworldafro you can imagine when the M.Ds this week are have closed a 10 billion deal (yep) why they didn't invite the black female VP to tag along to their snazzy dinner with our client despite her doing ALLL the leg work
Lol I use to live in stuttgart...I thought you were in Africa some where for some reasonoh come on bromo
remember i was in london this weekend and made this troll thread lol http://www.thecoli.com/threads/i-sa...day-and-had-to-take-pics-for-the-coli.227100/
come dude. ive already invited @Geoffrey_Chaucer
man I remember my brothers friend, one of the older gods had a girlfriend who worked for Onex Corporation (Canada's largest private equity firm and one of the worlds biggiest) as a receptionist or secretary or something in its Brookfield Place office in Toronto. Even as a receptionist these white folks/clients would come around saying stuff like "they have black people working here?"
crazy man
crazy man
I know breh, sig is no joke.
*L*E*G*A*C*Y*
Done.
How do you think I feel whoadie right now? Serving yogurt to rich white people and weirdo european tourists?
Out of the current staff there, only 3 people AREN"T black. I'm one of three black males working there, the rest are all hood black chicks...
There's only one black manager there and he gay as fukk.
And the pay is garbage so I'm not surprised that it's mostly black people working there.
I can't hate...they helped me out when I felt like a brotha was being hung out to dry by unemployment.
breh to tell you the truth shyt like this our own fault. to many of us is just satisfied with graduating high school and taking up some meager hourly wage job while we're young without looking at the long term cause it's enough to buy liquor, clothing, a little care, etc. i have some of those in my family and it just kills me cause none of them are looking at the long term. but their's a good few blacks in good positions its just that those people are not flashy and are smart enough to keep a low profile.
Vandelay
Life is absurd. Lean into it.
I feel you man...I don't know that industry...but one of my boys I grew up with is in it. Dartmouth mba, He worked for GS for a bunch of years. He now does a bunch of consultant and freelance work, but literally every week he has an interview with someone.
He isn't particularly enchanted with the industry, and has even thought about starting his own shyt. He's sharp enough to do it...but he told me the game he had to play upon entering. He's an English undergrad major so he knows how to make those high net worth investors feel comfortable, even tho he's black and from the hood.
Hold your head stack your paper and start your own shyt.
He isn't particularly enchanted with the industry, and has even thought about starting his own shyt. He's sharp enough to do it...but he told me the game he had to play upon entering. He's an English undergrad major so he knows how to make those high net worth investors feel comfortable, even tho he's black and from the hood.
Hold your head stack your paper and start your own shyt.