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  #51  
Old 10-15-2007, 01:32 PM
jws43yale jws43yale is offline
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Default Re: Top i-banking firms

[ QUOTE ]
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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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.
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  #52  
Old 10-15-2007, 01:58 PM
jumbojacks jumbojacks is offline
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Default Re: Top i-banking firms

[ QUOTE ]
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."
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  #53  
Old 10-15-2007, 04:17 PM
CrushinFelt CrushinFelt is offline
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Default 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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  #54  
Old 10-15-2007, 11:45 PM
emon87 emon87 is offline
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Default Re: Top i-banking firms

[ QUOTE ]
hell, the GS in Chicago recruits from kids who go to DePaul as well

[/ QUOTE ]

lol for private wealth, not ibanking
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  #55  
Old 10-15-2007, 11:47 PM
emon87 emon87 is offline
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Default Re: Top i-banking firms

[ 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?
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  #56  
Old 10-16-2007, 12:02 AM
jws43yale jws43yale is offline
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Join Date: Feb 2006
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Default 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.
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  #57  
Old 10-16-2007, 12:36 AM
whyherro whyherro is offline
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Join Date: Mar 2007
Location: space
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Default 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.
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  #58  
Old 10-16-2007, 02:06 AM
hanster hanster is offline
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Location: UCLA
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Default Re: Top i-banking firms

Is there anyone doing private wealth or planning to go into that?
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  #59  
Old 10-16-2007, 11:28 PM
bal!inhard bal!inhard is offline
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Join Date: Apr 2007
Posts: 12
Default Re: Top i-banking firms

I don't go to DePaul, but live in Lincoln Park and apparently a finance professor there used to be VP @ Goldman Sachs, and a few of his students have gotten offers there

[ 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 ]
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  #60  
Old 10-17-2007, 10:52 PM
edwardo edwardo is offline
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Join Date: Jan 2005
Posts: 14
Default Re: Top i-banking firms

What are the different opportunities available as a trader? Any outside of the Northeast? I am a senior level programmer in the pharma industry and am considering a career change. Trading interests me the most, I feel I can be very profitable for an employer and have a skill set well suited to trading. I only have 1 year personal experience, with records, but have solid triple digit return trading options. I know 1 year means next to nothing, but it's all I have. Any advice appreciated. Long time lurker.
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