after 2-2-2…. what then?
Currently a first year in a bank, and signed an offer to do PE after two years. I want to go to business school after. I know that this is the most “traditional path” of 2 years bank -> 2 years PE -> 2 years MBA … but what happens after? people who’ve gone down this path; where are you now?
Look inwards my brother
2nd divorce
Ross Geller?
Talking down to experienced operators because you think you know more than them
May be my new favorite comment on this website.
One would hope 6 years is enough to figure out what you're actually interested in doing....
Whoever downvoted this I’ll literally throw hands rabbit is the kindest person on this forum
Doing tricks on it
You're like 8 days into your career... You'll have plenty of time to decide on what you want to do. My recommendation is to not operate with blinders on thinking that high finance is the only route to wealth & happiness.
midlife crisis
*quarter life crisis (pls fix)
I think bro is only expecting to live to 55 so it's a midlife crisis still
Don’t worry. The pay check makes y’all heal like wolverine.
Exactly the problem. Project out what you want to do with your life. 2-2-2 doesn’t solve that, but something does. Either do that or figure out what that is then do it.
You finally ascend to a higher plane of existence. It’s beautiful.
Shhh… you’re not supposed to live that long
most would probably do entrepreneurship or launch their own fund
This is the way
you are now master of the universe, short NVIDIA
You go out and start your own thing. Whether that's a fund, startup, business, etc.
Then you have to actually figure out your career like 90% of the population that is not handed a cookie cutter campus recruiting to banking to PE to B-school route.
Eat your cheese cause you still a rat in the rat race
No point in getting your mba if you just plan to start a business after… that’s ridiculous debt. Might as well use $$ for mba to start company
Greatness
Being 28 years old and asking “what now” is actually so sad
Why so?
Isn't that the best kind of question?
To have the freedom to do what you want and decide where you really want to commit yourself?
Priesthood, SM HF, rabbinical school, congress, MF PE (if you weren’t there already), C-suite, entrepreneurship, reality TV dating show participant, etc…
You win.
Nirvana
well, after MBA back to PE or you do your own start-up... or you go back to IBD... or you buy a bunch of real estate properties and retire to "manage them", or you find wealthy wife / husband at MBA... or finally you become COO of your family business ;) (believe will get a lot of crap for the last one)
following
Get stuck waiting on carry for 10-12 years, get shafted, try again for another 10-12 years on more carry, get some of it. Call it a day.
Probably hairless pills. Maybe intensive therapy for addition treatment and/or familiar trauma. Potentially get really into ironman races (or some other insufferable hobby). Could take the triple crown and go for all three.
The end credits for life start rolling. You won the game champ, congrats!
onlyfans
You could open your consulting or accounting firm. Or become a VP/MD at a BB. Or create a hedge fund. Or other goals you might have
this is why PE recruiting the moment a 22 year old starts as a first year is so so stupid.
guy here doesnt even know why hes doing it, hes only worked 1 month, doesnt know if he likes finance even but hes on the 2+2+2 path now.
just lol at this industry (ignore title, not a prospect)
Or maybe PE recruiting starts early BECAUSE 22 year-olds are so stupid...
Go do something cool. Start a business, join a startup, maybe shift into new roles you never thought you'd like or even think about. You'll meet great people at business school and use that experience to craft a whole new idea of what matters. And if all that doesn't work out, you've got IB, PE, and likely a top mba to fall back on, so almost any job you can think of you can get(granted you probably still want to maintain your current network and continue to grow it, a network is useful regardless of the field you're in)
I think most people would be shocked to realize how bad the H/S/W startups are straight from b-school....I was honestly shocked at how bad they were
Interesting. Do you think its because people in that situation feel like they have to try a startup vs successful companies that come from genuine passion/ addressing a problem?
I think they feel emboldened by the opportunity to do so, ie b schools provide a lot of resources in terms of mentorship/networking/courses...but I don't think these individuals felt pressured or obligated to give it a shot, perhaps they felt like it was the right time to give something a go. But yeah they were all pretty shit and none of them went anywhere.
I did a discount version of 2/2/2 (2 years MM IB, 2 years LMM PE, MBA at non-HSW). I'm in public equities now. DM me if you'd like to learn more about the opportunities available that I and other friends at b school considered.
Went LMM IB > LMM PE > Corp Dev > M7 MBA > MBB. Not super common but not unheard of. I'm enjoying it so far, and having early thoughts about what's next.
Glad you're enjoying it and no shade towards you but man going through IB/PE/Corp dev. just to end up as an associate at an MBB (or w/e the equivalent title post-MBA is) sounds quite depressing
What path do you envision?
Go to hedge fund and make $$$$$$$$$$ dude. If you get laid off you fall back to ibanking or consulting. If you don’t get laid off, dude you rule the Wall Street
Move up to Nashua, get a nice little spread, get some sheep and tend to them.
Failing that, there's always laying brick or painting houses...so try search funds? Otherwise it's back to PE
Why the hell would you go to business school after 4 years in “high finance?” Honest question, what does that even do at that point?
Buys you a very expensive vacation and a lot of connections
In aperiam et alias. Aspernatur sint magni aliquid omnis commodi quia. Iusto provident dolore adipisci similique tempora ut.
Voluptates cupiditate magni sunt. Voluptatum commodi delectus numquam velit provident sed. Dolorem eaque rerum blanditiis praesentium corrupti. Voluptatem aut a vel. Eveniet eum earum harum nulla non tempore soluta. Esse quibusdam unde odit assumenda.
Et quibusdam vel est itaque aut voluptate minus quisquam. Perferendis molestiae soluta voluptatem. Nam in nesciunt ducimus corporis. Sit aut voluptate eligendi odio modi praesentium.
Quod illo non quia officia nulla et. Voluptatem tempore adipisci quasi molestias reiciendis at.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Porro consequatur harum inventore ea asperiores fuga. Minima voluptas quia tempore sint nesciunt sunt. Fuga vero ut aliquam voluptatem enim.
Dolores exercitationem molestiae porro. Dolores recusandae soluta et esse nihil et.
Est quo minima reiciendis sed. Aut aut natus sint. Harum ea aut natus velit eos molestias.
Dolor vero nulla quidem dolorem aut qui. Vitae dolorum sit sunt voluptatem. Rerum perspiciatis officia aut ab nihil voluptate dolores. Ea reiciendis id eligendi ipsum vitae in. Quia non sint nam assumenda.
Et corporis eveniet quas rem maxime dolorem. Accusantium rem incidunt illo officiis est. Voluptatem ut quibusdam occaecati eius at. Autem voluptatem veritatis est et placeat voluptatem non.
Corrupti reprehenderit ut unde vitae. Fugit qui aliquid tempora laborum ea.