Private Banking Analyst - Appropriate Attire?

Hi, I'll be starting to work as an Analyst at a PB after my graduation this summer and was looking for some suits to buy. Last summer, I bought two suits from Macy's, and they both kind of wore off after an internship (at a different bank) and they look very cheap (Spent only $100-$150 each). However, I would imagine that I wouldn't have many interactions going on with clients as an analyst so I'm thinking I should use them for at least a year or so.

Should I maybe buy two decent suits? Or should I just stick with the ones that I already have and buy one later if I feel like I need it? I'm worried about making a good first impression/wearing appropriate attire but also I don't have that much money as a student. Thank you.

 

Laborum inventore tempora harum voluptatem vel dolores qui. Accusantium dolorem voluptatem laborum aspernatur ipsa distinctio.

Deserunt illum qui exercitationem eos saepe dolores. Laudantium consequuntur maxime et iusto.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”