Every industry has it's business cycle, but none are as volatile or trying as the cycles in finance. I'm seeing more and more people come in who are simply not fit to be in finance. One kid I know almost cried when he found out how many people were being axed this year. He got even more emotional when he found who exactly got dropped. It happens, people get fired, they find new jobs, we move on. If you're the type to cry over a couple co-workers going to a new job, you probably shouldn't be in finance. In fact, you pretty much need to be able to take all sorts of shit from your boss and/or clients without getting emotional. I've also seen guys and girls take days off because their significant other broke up with them (actually I've only seen one guy and one girl do this). No forgiveness there either. If a family member dies, fine take a few days off and come back. No whining and no crying at work. Breaking up with a girlfriend of one or two years? No, not good enough. This may seem cold, but it's part of the industry. Missing one day can means millions of dollars on a trading floor on the wrong day. Missing a day in investment banking. . . probably won't make as stark or immediate an impact, but it may delay a key deadline.
Finance isn't really a friendly industry when it comes to your personal life. Make sure that's the sort of enviornment you want to be in before applying.
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