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 No qualified ppl even fresh grad RM100k pa., Investment banking is so hard to hire

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carrer
post Jun 27 2015, 11:29 AM

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Dear beanbag ibank,

I am in no position to ask you to clarify things, but I would like to humbly ask you about certain things.

These are what I understood about investment banking (IB).
1. In an IB, there are technical analyses traders who trade varieties of securities.
2. In an IB, there are fundamental traders/value-investing traders who make analyses on securities/companies, etc.
3. In an IB, there are research analysts who work on mergers and acquisitions (which I believe it's called corporate finance).

Am I correct here?
The reason why I am asking is because I am a trader who does the number 1 and 2.

And which kind of people you are looking for?

This post has been edited by carrer: Jun 27 2015, 11:31 AM
carrer
post Jun 30 2015, 04:58 PM

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Junior Member
453 posts

Joined: May 2015
QUOTE(fletcherwind @ Jun 30 2015, 04:47 PM)
IB does a lot of things. prop trader? sell side/buy side research analyst? corp finance/dcm/ecm? A lot more roles within IB.

It's quite clear that beanbag is looking for corp fin related people.

I'm just surprised by how you do 1 and 2 in an IB. You either do 1 or you do 2.

Does treasury dept. still run prop equity book these days?
*
I am not an employee of an IB, I am a retail trader who does 1 and 2. Therefore, I have no knowledge about the traders of IBs who only do either 1 or 2.

Thank you for the reply. Are you also working in an IB?

Equity Capital Market and buy side research analyst are what I am interested in, besides the number 1 and 2.


 

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