<p>Actually its not totally the end for IB just the big 5 yes is. However there's others that's been around so its not a complete slump.</p>
<p>"Actually its not totally the end for IB just the big 5 yes is. However there's others that's been around so its not a complete slump."</p>
<p>The big 5 was all that ever mattered.</p>
<p>"The big 5 was all that ever mattered."</p>
<p>Are you kidding me? You gotta be kidding me.</p>
<p>People who couldn't get GS/MS/ML went to CS/UBS. CS/UBS don't have the same business model and are going to be in ****ty shape the next few years. Plus they're going to be hit hard by regulation. </p>
<p>G/L are still the top boutiques but they're going to be regulated like crazy now too. Nobody went into interviews wanting to get CS/UBS. Those places are filled with Goldman rejects. Sorry.</p>
<p>"Are you kidding me? You gotta be kidding me."</p>
<p>Wildflower's comments apply to your above post, too, MonkeySee. Yes, (almost) everybody wants to work at Goldman. That doesn't mean "The big 5 was all that ever mattered."</p>
<p>edit: wth is the big 5 anyway? who actually uses that term?</p>
<p>"Those places are filled with Goldman rejects. Sorry."</p>
<p>Don't be sorry. It's OK to have no clue about what you are pretending to discuss. There's free speech in this country. No need for apologies.</p>
<p>Now ... besides cafeteria gossip at your high school or (perhaps) college, have you ever worked at a bank?</p>
<p>You see, I know a guy who chose another bulge bracket over Goldman, because they were paying him more and guaranteed him placement within their top-3 M&A team (and that's all he cared about). I would also argue that if you want to work in some specific desks there were top choices other than Goldman. For ex, for FX the place to be was/is DB. </p>
<p>So, I am not sure what you think you know, or what you think you think you know, but you generalizations are naive, vague and simply not true.It would be akin to saying that all college graduates in the US who didn't go to Harvard College are Harvard rejects--which I hope you won't try to callously defend too.</p>
<p>
[quote]
Don't be sorry. It's OK to have no clue about what you are pretending to discuss. There's free speech in this country. No need for apologies.</p>
<p>Now ... besides cafeteria gossip at your high school or (perhaps) college, have you ever worked at a bank?</p>
<p>You see, I know a guy who chose another bulge bracket over Goldman, because they were paying him more and guaranteed him placement within their top-3 M&A team (and that's all he cared about). I would also argue that if you want to work in some specific desks there were top choices other than Goldman. For ex, for FX the place to be was/is DB. </p>
<p>So, I am not sure what you think you know, or what you think you think you know, but you generalizations are naive, vague and simply not true.It would be akin to saying that all college graduates in the US who didn't go to Harvard College are Harvard rejects--which I hope you won't try to callously defend too.
[/quote]
</p>
<p>I was an associate before enrolling in a top 3 business school this year. An associate at one of those big banks. Where did/are you working? I'm sure the people who read this will want to know...who's going to know more about this industry, somebody who has been doing it for a few years (and not at an analyst level) or you?</p>
<p>You know, my bad, I forgot that some of the people I've worked with can and do sound like high schoolers at times. Sorry.</p>
<p>"Where did/are you working?"</p>
<p>One of those "big banks," M&A; then PE. Top 2 business school in between. But admittedly, I was never an associate (I respected myself too much). Back to work.</p>
<p>Enjoy business school ...</p>
<p>Yeah. to say that the big 5 were all that ever matter is completely ridiculous.</p>
<p>oh, and i have NO experience in ibanking. i'm just a sophomore in college. so don't go trying to pull seniority on me. i'm willing to admit you have more experience. that doesn't mean you're even close to accurate in your statement though.</p>