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 Breaking into Investment Banking, Help needed

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JC999
post May 8 2014, 02:14 PM

On my way
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Senior Member
658 posts

Joined: Nov 2008
Actually best bet is to join a small ib first, if you want to really learn corporate finance is where you shld start, if you want big bucks then go treasury.
JC999
post May 9 2014, 11:19 PM

On my way
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Senior Member
658 posts

Joined: Nov 2008
QUOTE(justin_5 @ May 8 2014, 09:48 PM)
would a degree in finance make a big difference even if im without working experience?
Care to share which co. u went for?
Care to name a few? the only one I know and dont even know if they are considered small is Kenanga.
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Kenanga used to be small but now is considered mid size after alot of consolidation.

Bro a word of an advise is to do some research, if you expect ppl to give you an answer I doubt you will survive in an IB. I ve train many juniors during my IB time, and usually they ll get a hardtime if you do not put some effort to find things out yourself.

Go grab some financial news, magazine or even online. There is tons of info. THe weekly edge is a good start. Finding out the size of each bank is the most basic you can do. Just go to their website and download their annual report and start comparing them. Look for the IB division financials and do a simple comparison. Revenue/ staff cost/ headcount etc.

Being a good Investment Banker you need to be sharp in picking up things and especially from the public news, etc.
JC999
post May 15 2014, 11:05 PM

On my way
****
Senior Member
658 posts

Joined: Nov 2008
QUOTE(Y.J.S @ May 15 2014, 09:16 PM)
Master in finance without any working experience as an IB analyst will make the situation worse. Spend few years more than  average fresh grad for the stupid master just to break in IB doh.gif

I would recommend aim for the bulge bracket IB instead of boutique. Unless your cv is not really that impressive and you're not from ivy leagues or top unis. But don't think boutique firm is easy to get in, it sometimes is even harder than bulge bracket.

http://www.mergersandinquisitions.com/no-b...ment-bank-hire/
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Not joining a boutique firm. A boutique firm is harder without basics. Join a small ib like affin, TA, etc.

 

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