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#1
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Re: Top i-banking firms
[ QUOTE ]
The internship programs have expanded over the last several years, and more people accepted offers this summer than ever before. Companies also are cutting back hiring b/c of the climate on the street. [/ QUOTE ] Definitely true. A friend of mine who did a summer at a BB lost his full time offer. From my school, I heard 2nd/3rd hand that GS NY for ibanking was actually 6 months in fin. ops. before ibanking. A lot of groups were looking to hire one spot for my school or sometimes none. CS LA I heard was 1 spot from my school. Some other BBs interviewed with no intention of hiring. |
#2
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Re: Top i-banking firms
why would anyone choose i-banking over sales/trading? not flaming, just wondering. is the money that much better to justify working almost twice as many hours?
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#3
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Re: Top i-banking firms
no offense jws but with a 3.3 gpa im surprised you got an interview. At my school you can have an awesome CV but its barely worth applying unless your GPA is over 3.5
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#4
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Re: Top i-banking firms
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no offense jws but with a 3.3 gpa im surprised you got an interview. At my school you can have an awesome CV but its barely worth applying unless your GPA is over 3.5 [/ QUOTE ] Main reason is that I am at one of the top five universities in the country and a college athlete. I have older friends who were just over a 3.0 in history or polisci which is significantly easier than econ, but as Yale football players had no trouble getting hired two years ago. Very bad year for finance jobs in general. |
#5
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Re: Top i-banking firms
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no offense jws but with a 3.3 gpa im surprised you got an interview. At my school you can have an awesome CV but its barely worth applying unless your GPA is over 3.5 [/ QUOTE ] Be an athlete at almost any recruited school and they go easy on the GPA "requirement." |
#6
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Re: Top i-banking firms
I'm sooooooooo glad I didn't go into I-banking. Life/work balance ftw + competitive salary and I work on much cooler projects that cash flow projections ;p
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#7
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Re: Top i-banking firms
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why would anyone choose i-banking over sales/trading? not flaming, just wondering. is the money that much better to justify working almost twice as many hours? [/ QUOTE ] because people aren't good at trading? |
#8
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Re: Top i-banking firms
[ QUOTE ]
[ QUOTE ] why would anyone choose i-banking over sales/trading? not flaming, just wondering. is the money that much better to justify working almost twice as many hours? [/ QUOTE ] because people aren't good at trading? [/ QUOTE ] I think the prime reason is that trading is such a specific skill set. You learn how to trade and nothing else. I wouldn't want to trade for the rest of my life, so I am interested in doing something that teaches me a ton and opens up opportunities rather than limits them. |
#9
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Re: Top i-banking firms
[ QUOTE ]
[ QUOTE ] [ QUOTE ] why would anyone choose i-banking over sales/trading? not flaming, just wondering. is the money that much better to justify working almost twice as many hours? [/ QUOTE ] because people aren't good at trading? [/ QUOTE ] I think the prime reason is that trading is such a specific skill set. You learn how to trade and nothing else. I wouldn't want to trade for the rest of my life, so I am interested in doing something that teaches me a ton and opens up opportunities rather than limits them. [/ QUOTE ] Definitely a good reason, another thing to consider is the significantly more stable line of income. It's not like trading is easy money. |
#10
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Re: Top i-banking firms
Is there anyone doing private wealth or planning to go into that?
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