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from my friends who are ibankers, or who used to work in ibanking (mostly at Morgan Stanley), they really hated it. between the hours and the crap work, most stuck it out as analysts for 2-3 years only to save enough for graduate school.
i only know one guy who did banking post grad school, he's an associate at UBS in SF. he hates his job, but his GT3 is quite a bit quicker than my e90 330i, ha ha.
btw, we all went to an ivy league school for our MBAs; its no guarantee of an ibanking job. my year, out of the 40-45 or so people interested in banking, only 10 or so got offers...and only3-4 were at Goldman or Morgan Stanley
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