Accounting vs Ibanking, which one would you choose?

<p>Keep it coming Gravitas3, you amuse me!</p>

<p>Gravitas is killing it with the knowledgeless contributions. It's like CollegeConfidential Stand Up Comedy every time he posts. </p>

<p>I wonder if his "friend" even exists, or this was all a nice idea of his to prove his knowledge of the financial and accounting service industries ??</p>

<p>dawgie you would really question yourself because of **** talking on a forum full of kids that for the majority, are not even in college yet?</p>

<p>Try it out and switch if it doesn't work out. </p>

<p>I knew that santa barbara had a few small venture firms, ibanks, pe, merchant banks, am and quite a few small law firms that did extensive m&a work. Through this search, i found a little for what i needed, but mainly, my search result included team/exec bios for UCSB graduates. I have been through at least 200 (i went through nearly 180 google pages) that started out as acct emphasis, started out in big 4 and moved on to one of the for mentioned careers. This should be of some assurance. You can move on to where you want. The firms included everything from Goldman on down. I called a few working at i "middle markets" and had about 5 min chats and one felt his big 4 experience got him where he is, the others said it was persistence.</p>

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I'm not sure how you can deem a remark regarding the comparison of two professions "ridiculous" when you have made it clear that you know absolutely nothing about one of the two professions

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<p>No no no... what’s wrong with you? The first ridiculous remark I was referring to was the one about an I-banker being able to easily transition into accounting, remember?? Like my response to that remark, I’ve primarily been emphasizing the accounting industry viewpoint. You need to learn how to read or better yet, wise up. Me not knowing anything about I-banking in this case is irrelevant. </p>

<p>Redsox, MK and jnpn…you guys are a bunch of immature losers. My mistake was not catching on to that sooner. One can tell if someone is intelligent or an idiot based on how they reason. Based on how you reason from what you’ve written, I and most reasonable people can tell just how stupid you three are, especially MK..you're a real piece of work. Go ahead, continue to put down decisions of people you don’t even know and industries you know little about. If doing that makes you feel better about yourselves, fine, enjoy. There’s no rule against that. </p>

<p>This forum can serve as a means for you to vent all your frustrations and deal with your all your inadequacies. I for one have had it and don’t want to continue to belittle myself by responding to any of you further. You guys can’t be reasoned with. Enjoy yourselves children.</p>

<p>I need to learn how to read and wise up? Let's put the focus on you for a second. Read below:</p>

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"a layed off ibanker can become an accountant pretty easily if layed off, but they generally just MBA it up when out of a job, and go into bigger and better things in finance"</p>

<p>Who is this guy “mattistotle”? Are you really that ignorant? I personally have worked with a former i-banker (and graduate of Princeton) who had to start at the bottom in the finance dept of my former company. Why? He didn’t understand enough about accounting while the accountants/financial analysts in the department with sound accounting backgrounds had much higher positions than he did.

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<p>He said that someone from investment banking could easily become an accountant. Your counterargument was that the former investment banker at your accounting firm had to start at the bottom. Do you see the flaw in your argument? The proper way to counter the statement that investment bankers can move to accounting more easily than accountants can move to investment banking, is to show anecdotal evidence of an investment banker not being able to get an accounting job or, better yet, statistical evidence that shows what percentage of former investment bankers can break in to the accounting industry versus what percentage of accountants can break in to the investment banking industry. </p>

<p>You see, HE was comparing two professions. You deemed that comparison ridiculous (with only one-sided knowledge), and countered that comparison with a flawed argument. You said it yourself:</p>

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One can tell if someone is intelligent or an idiot based on how they reason

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<p>Gravitas your a joke ! Rather than saying everyone else is wrong and immature, how about you analyze your own flaws first !</p>

<p>lol for someone talking about getting a life, gravitas sure posts alot here.</p>

<p>Gravitas3's head is so far up his ass, he can literally chew his food twice.</p>

<p>^ hahaha wow that was funny. </p>

<p>Anyways almost all who want to become accountants can accomplish that goal quite easily, but very few can become investment bankers, so that alone should give you an idea on what you would have to look forward to. It depends on what you want out of life, but basically when you look at the "big picture" they both provide the average college student with a decent amount of experience and are more of a stepping stone than a career. I mean no one wants to work the killer hours of investment banking even for the money they are getting and accounting is just as boring and monotonous work, you have less hours, but you also make quite a bit less when coming out of college. So in the end it all depends on the person and for me personally I have no problem getting crushed by back breaking hours when I am 22 and I have this hunger to get to bigger and better places so if investment banking is going to help me then I will gladly take that route, but I know that personally I will be much less inclined to do this when I am in my thirties or forties.</p>

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lol for someone talking about getting a life, gravitas sure posts alot here.

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<p>I'm not taking sides with anyone, but he has only been here 5 months...w/ 38 posts...? That's kind of a stretch to say he lacks a life.</p>