<p>If anything, investment banking is one of the few industries where in many aspects you usually have it easier as a LGB individual (never encountered a T).</p>
<p>You count as a diversity hire, so it’s easier to get recruited in, and harder to get laid off as well vis-a-vis other employees.</p>
<p>Additionally, IB is results-oriented to care on the firm level about its employees’ lifestyle choices.</p>
<p>Two caveats:
- Your success in IB is most heavily dependent on the rapport you can develop with a client. Prejudiced clients (I’m thinking of certain coverage groups like industrials, natural resources, etc.) can hurt your career for obvious reasons.
- The sensitive, politically correct die. Cynical people thrive. Jokes will still be cracked, it’s just that it’s generally part of the frat culture of the groups you work in, and not meant to be mean-spirited. If you can’t take it, you don’t belong in IB anyways regardless of your sexuality.</p>