<p>I have another question. My plan is to major in history for undergrad followed by attending law school. The question is, however, is whether or not I can become an I-banker following law school. Both fields, be it law or I-banking, seem like great careers(not just for the money, but a big bonus none the less :) ) My question is this:
1. Can a lawyer be an I-banker?
2. If yes to number 1, is an MBA required in addition to a law degree?
3. Would majoring in history be a detriment if I wanted to pursue Ibanking? In other words, would I HAVE to major in finance for an undergrad major instead of history?
4. Could I enter the Ibanking field immediately after law school contingent upon the fact that I pass the Bar exam?
5. Finally, is this uncommon?</p>
<pre><code> Sorry for all the questions. Any help would be appreciated! Thanks!
</code></pre>
<ol>
<li>Can a lawyer be an I-banker?</li>
</ol>
<p>Yes, it is not uncommon. However, law students are not typically recruited right out of law school for jobs in investment banking. Typically, a lawyer works at one of several big firms (usually in NYC -- most often Sullivan & Cromwell and Cravath) for several years and is then recruited away into investment banking. Most, but not all, of those lawyers who are recruited to investment banking have either an MBA or a economics or finance degree. </p>
<ol>
<li>If yes to number 1, is an MBA required in addition to a law degree?</li>
</ol>
<p>As I mentioned above, not necessarily.</p>
<ol>
<li>Would majoring in history be a detriment if I wanted to pursue Ibanking? In other words, would I HAVE to major in finance for an undergrad major instead of history?</li>
</ol>
<p>I think that it makes getting recruited into investment banking straight out a law firm a lot less likely if you majored in history undergrad instead of finance. That said, a JD/MBA fixes that right up for you, but you will usually need several years of work experience before you will be admitted into an MBA program.</p>
<ol>
<li>Could I enter the Ibanking field immediately after law school contingent upon the fact that I pass the Bar exam?</li>
</ol>
<p>Entering investment banking immediately after law school would have nothing to do with whether or not you pass a bar exam. </p>
<ol>
<li>Finally, is this uncommon?</li>
</ol>
<p>It is not uncommon (though it certainly doesn't happen for everyone who may want the opportunity in investment banking) among the colleagues, associates and friends that I know and have known at a few, very select, big law firms in NYC.</p>
<p>Thank you so much, Sally! I really appreciate it. :)</p>