Are there some little known negative aspects about working in the investment banking industry that I should know about?
Question: Are there some little known negative aspects about working in the investment banking industry that I should know about?
Answer: There are certainly some negative aspects to a career in investment banking. The long hours (both in the office and on the road) would have to be put near the top of the list; many find that the job requires too much of a sacrifice in terms of time away from family, friends and other personal pursuits. Some bankers may also find the job too stressful for their own long-term mental (and even physical) health; at higher ranks, compensation can swing wildly based on a single deal. The whims of the financial markets can also cause stress to a banker as he or she may fear lower compensation or even the loss of his/her job.
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