Is banking a boring job?

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Terry Herman asked a question: Is banking a boring job?
Asked By: Terry Herman
Date created: Thu, Apr 29, 2021 2:36 AM
Date updated: Thu, Jun 30, 2022 11:40 AM

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Top best answers to the question «Is banking a boring job»

Yes bank jobs are boring and also with lots of work pressure, targets in various fields like recovery, deposit, advances, new govt schemes etc.. even senior bank officers feel bored and distressed bt they have no other option but to work.

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Not only banking job, every job is boring to those who are in. It's like when you go to hotel you order pizza/dosa and person next to your table order burger/chola batora, once both get the food on table, pizza/dosa guy think as I would have order that one instead of this. Same feeling in other table also.

The bottom line is that boring banking is safer, and boring banking goes hand in hand with stricter regulations that would disallow hedges on hedges and mandate that banks use excess cash on hand to invest in government securities or set up subsidiaries that have higher capital requirements, ultimately separating capital markets and investment banking from the vanilla banking (read: lending) arm of a bank.

Again, if you're worried that a job in finance is going to literally turn out to be one in which you do exactly the same thing every single day without variation, and in which "anyone could do that", look at the amount the job pays and ask yourself if any sensible employer would pay that kind of money for someone to just sit there doing the same repetitive action over and over again.

One junior consultant who’s worked in banking told us consulting jobs are better: the hours are shorter and the work is more varied and creative. Travel is the real key. 7. Long-only fund manager. In theory, fund management isn’t that much of a stressful career. Long-only managers invest for the long term and have time to ponder their decisions.

If you possess even one of the above traits, investment banking may be a poor career choice for you. But there are plenty of other choices that will be suitable for you—careers that won't come ...

Yes, if you come in from a banking background you’ll get a higher base salary and possibly some sort of guaranteed bonus, but you’re not going to instantly start making $1 million at age 25. Yes, Partners at the largest PE firms make 10x more (or more) than the top bankers do.

In this article, I’m using “finance” to refer to roles such as investment banking, private equity, hedge funds, and venture capital (primarily IB since that is the most common entry-level job). Yes, equity research , asset management , sales & trading , corporate finance , and corporate development are also “finance jobs,” but they’re further removed from this discussion because:

If you ever worked in a call centre, you may have wished that you were back on the phones and not completing data entry coding. This is ranked as one of the most boring jobs in the world for a reason: you input information from a sheet of paper to a computer screen. That’s it. That’s the job.

Banking & Insurance. Crypto & Blockchain. ETFs & Mutual Funds. Fintech… “My job is just boring.” See if, instead, you can get curious about what might be interesting about it.

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