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Old 03-09-2005, 01:08 PM
ToneLoc ToneLoc is offline
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Join Date: Aug 2004
Location: Shoreditch
Posts: 105
Default Re: Thoughts on Investment Banking

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Has anyone here ever been an investment banker? I am looking into this, and although I'm not sure if I will be able to crack in, what other similar careers should I look at as backups, or is this IB just such a bad life that I shouldn't even bother altogether, I enjoy having a good time, and playing my party poker. Thoughts? The bank accounts that come with I-Banking are enticing to any college student.

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IB can describe a huge variety of jobs: M&A, origination, trading, sales. Frankly i would not advise M&A, HUGE work, and similar payoff to other IB jobs.
Poker is a good school for learning risk/reward, why would you not try trading? OK hours, potential for huge money... sounds like a good idea to me...
I do sales for the moment, OK hours, good money, not always fascinating, really depends on your client basis I'd say.
Good luck.
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