PPO!!!

contrary to all my expectations, i was offered a job by JP Morgan today. i have been offered in the exotic derivatives trading team (different from what i’m doing right now).

so i do have to worry about my career options now! apparently i’ll have to make the decision within a month…

let’s see…

given up

as my boss is pushing back my review day after day (he’s told me “tomorrow” at least 4 times), i think it’s mostly going to be a “no”. and it’s not going to be communicated to me since in that case i’m going to stop putting fight.

keeping in mind that the probability of getting offered is really small, and even if i’ll be offered i won’t be taking it up (balls to bullet point), i’ve decided to give up and at least enjoy the rest of my stay here in London, rather than breaking my head about something non-existent.

waiting for my feedback….

i just want to go up to my boss and tell him how much this place sucks. just waiting for my review. there’s a small chance that i may still make it to an offer, which i can use to beautify my resume. that’s the only thing that is preventing me from going up and giving some honest feedback.

and it doesn’t take rocket science to figure out that this place sucks. in fact, it takes even lesser intelligence to figure it out than it takes to price a vanilla swap using one of JP Morgan’s packages. so it is obvious that everyone else thinks this sucks. or at least they used to think so until they got sucked into the system.

the average person to enter JPM is a doofoo who’d have mugged his way through one of these crappy colleges in England. once he enters, he realizes that he is really lucky to be in such a high-paying job (yeah i know you must be thinking i’m freakin’ mad to say i don’t want such a high-paying job) and that by hook or by crook he must stay on here. if he starts cribbing about the system, given the place’s tika kobbu he won’t survive longer. and armed with a qualification which can, at best, fetch a call center job in a place like India (not sure what kind of a job it can fetch here in England), he can’t afford that. so he quietly understands and does his shitty work without cribbing. by the time his job is secure enough, he is part of the sucky system.

guess this has been going on for a few decades now! and the bank having existed for more than a hundred years, and having grown too fat to stand on its feet (though a series of arbit M&As that is – wonder how people trust this with their M&A when the investment bank couldn’t handle its own merger properly) it is impossible for anyone to change the system enough. totally pissing off.

views and reviews and interviews…

review is due… however, after having figured out that i’m not particularly interested in my current job, i’ve been set up for an interview with a desk which is supposed to do more interesting work. that MD just came and gave me shitloads of stuff to read…

stuff i’ll have to read anyways for my fin. derivatives course next term. very mathematical. very interesting stuff.

however, when you start hating a place, even the best work that is given to you would be boring. normally i would have jumped at the opportunity to read this kind of stuff. but now i find it boring. it’s something like if the pitch is bad, even a wicketkeeper can turn the ball square. alternately, if you don’t like the ambience in a restaurant, even the most tastiest (i purposely put in the double superlative) food tastes insipid…

last week…

my last week in office just begins… review would be out in just a couple of days… and as it stands now, i don’t think i’ll have to take the trouble of deciding whether to join JP Morgan or not… i mean… 9 weeks has been too long a period to somehow hide the fact from everyone else at work that i’m not exactly loving my job… and given the humongous amount of tika kobbu that these big companies have, the last thing they would want is to make an offer to someone knowing fully well it will be rejected…

no regrets… has been probably the 2 months of my life where the learning per minute has been maximum… on a lot of fronts… interest rate swaps… functioning of an investment bank… industry in general (my only other ‘industry exposure’ has been at a research lab)… about life in London…

i have got a lot of time to ask myself uncomfortable questions… haven’t gotten the answer to most of them though… hope to do so during the course of the year…

looks like i’m already talking as if today is the last day… four more days to go after today

next week at this time i’ll be cooling my heels at home… and eating decent grub for a change…