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Investment banking is an incredibly popular career for people coming out of school. But most people really just use IB as a platform to break into other fields. Out of my entire investment banking class, only one person is still at that firm five years later!
The vast majority of people stay in finance on the buyside. 2/3 of people go to private equity right after investment banking. However, as time goes on, more and more people are leaving finance to pursue great careers in politics, sports, entrepreneurship and more.
0:00 - Intro
1:17 - Why do people leave investment banking?
2:50 - Investment banking paths (using my class as an example)
Peak Frameworks is a business career prep service started by Matt Ting and Patrick Fong, who have each spent several years working in investment banking and private equity in New York and Silicon Valley. Matt and Patrick met at Evercore, a top tier investment bank, and over the years have tutored and coached dozens of candidates to land their dream business job.
Matt Ting: https://www.linkedin.com/in/matthewting/
Patrick Fong (HBS 2021): https://www.linkedin.com/in/patrick-fong-0b773041/
#InvestmentBanking #PrivateEquity #Careers
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https://financialvideos.club/banking/ranking-the-top-10-jobs-in-finance-based-on-compensation-reputation-and-difficulty-breaking-in