Comments on: How to Quit Your Investment Banking Job Without Getting Executed https://mergersandinquisitions.com/quit-investment-banking-job/ Discover How to Get Into Investment Banking Fri, 24 Sep 2021 22:57:43 +0000 hourly 1 https://wordpress.org/?v=6.2.2 By: M&I - Brian https://mergersandinquisitions.com/quit-investment-banking-job/#comment-676077 Wed, 14 Feb 2018 13:09:01 +0000 https://www.mergersandinquisitions.com/?p=1950#comment-676077 In reply to Lloyd.

??? I’m not sure where this article suggested telling your boss where you’re going. You have no reason to do so, and, as stated in the article, you will almost always be asked to leave immediately so a 2-week notice is pointless.

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By: Lloyd https://mergersandinquisitions.com/quit-investment-banking-job/#comment-675888 Fri, 09 Feb 2018 22:22:09 +0000 https://www.mergersandinquisitions.com/?p=1950#comment-675888 Brian – quick question: Is it really necessary to tell my boss which shop I’m going to when I submit my resignation letter? And also, I would assume 2 weeks notice is pretty standard across all banks?

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By: iBanker-turned-mum https://mergersandinquisitions.com/quit-investment-banking-job/#comment-399984 Mon, 22 Feb 2016 20:09:05 +0000 https://www.mergersandinquisitions.com/?p=1950#comment-399984 In reply to M&I – Brian.

Thanks, Brian! Really helpful tips.

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By: M&I - Brian https://mergersandinquisitions.com/quit-investment-banking-job/#comment-399830 Mon, 22 Feb 2016 16:41:29 +0000 https://www.mergersandinquisitions.com/?p=1950#comment-399830 In reply to iBanker-turned-mum.

I would give some type of more concrete reason for your absence – just say you were taking time off to study for an exam like the CFA while attending to “family issues,” and also learning Skills X and Y on the side. And then you also had the opportunity to do “free work” for Corporate Finance Boutique X (yes, definitely take that offer – just don’t spend a ton of time on it).

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By: iBanker-turned-mum https://mergersandinquisitions.com/quit-investment-banking-job/#comment-398413 Sat, 20 Feb 2016 10:21:27 +0000 https://www.mergersandinquisitions.com/?p=1950#comment-398413 In reply to M&I – Nicole.

Thanks, Nicole. I got a few leads through personal contacts and I could probably make LinkedIn work better for me.

How do I go about justifying an absence from the industry for over a year now? Some recruiters have pointed out that I’ve been out for “quite a while now”.

Incidentally I have the option to do some “free” work for a corporate finance boutique just to boost my resume, kind of like an internship until I land a paying job. I have not taken that offer up as I worry it would sidetrack me from the job search and am not sure it would add much value to my resume as it would be mostly pitch-preparation and no actual deal work.

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By: M&I - Nicole https://mergersandinquisitions.com/quit-investment-banking-job/#comment-398009 Fri, 19 Feb 2016 22:11:13 +0000 https://www.mergersandinquisitions.com/?p=1950#comment-398009 In reply to iBanker-turned-mum.

I’d make sure you have a decent LinkedIn profile and connect with people via LinkedIn. I’d also reach out to your previous connections and see if they can refer you to others who are hiring. Cold emailing may also help in your case.

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By: iBanker-turned-mum https://mergersandinquisitions.com/quit-investment-banking-job/#comment-397864 Fri, 19 Feb 2016 15:18:42 +0000 https://www.mergersandinquisitions.com/?p=1950#comment-397864 I left my job as an M&A associate at a major investment bank while on maternity leave. Yep, that’s right – I am a new mum who wants back in the game!

I was planning to change my company in the future anyway, but it so happened that my immediate boss left while I was out on maternity leave and I was offered a handsome redundancy package (the alternative being to return and work for a not-so-handsome different boss). No bridges burnt, clean exit and enough money to live off for a while yet.

Well, I’ve been out for about a year and it’s proving exceptionally hard to get interviews, let alone offers! How do I tackle the “new-mum” stigma? I’m almost toying with the idea of hiding the fact that I had a child, just to get a foot in the door with an interview… Any tips greatly appreciated (and please no “are you sure you want back” comments – I know what I’m signing up for)

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By: M&I - Nicole https://mergersandinquisitions.com/quit-investment-banking-job/#comment-358779 Tue, 12 Jan 2016 20:46:15 +0000 https://www.mergersandinquisitions.com/?p=1950#comment-358779 In reply to Bankr.

If the role requires notice then I’d give them notice. I’d still give them as much notice as you can possible can so they can be prepared. The key is to keep the connection/not burn bridges.

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By: Bankr https://mergersandinquisitions.com/quit-investment-banking-job/#comment-358669 Tue, 12 Jan 2016 17:57:14 +0000 https://www.mergersandinquisitions.com/?p=1950#comment-358669 Should you offer to put in a two weeks notice? Is that preferable even if you are not working on any projects at all? Or can I assume it doesn’t matter and that i would much rather have an extra two weeks of vacation before starting my new hedge fund job?

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By: M&I - Nicole https://mergersandinquisitions.com/quit-investment-banking-job/#comment-241329 Thu, 21 May 2015 04:17:31 +0000 https://www.mergersandinquisitions.com/?p=1950#comment-241329 In reply to Mike.

Yes, if they know you’re leaving, they may not be incentivised to pay you a big bonus if this is what you’re asking. It does depend on the team. Kudos on you for being honest though!

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