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Another factor may be the fact that Goldman Sachs, and investment banking more generally, requires sacrifices that, even to me (a college intern nearly 10 years
by qq66 14y ago
Another factor may be the fact that Goldman Sachs, and investment banking more generally, requires sacrifices that, even to me (a college intern nearly 10 years ago) seems completely ridiculous.
Investment banks expect their employees to make their work far and away their first priority in life. Working hours are often 8am to 1am, not for any real purpose but just to compete on who is more committed. Weekends? What are those?
Yes, the pay is extremely high. But the vast majority of the partners at Goldman Sachs have sacrificed everything important in life -- family, friends, relationships, marriages, children, hobbies -- just to make tens of millions of dollars per year. It takes a certain kind of poor prioritization to commit to such a career and I'm not surprised that more men than women choose to participate.