<p>say someone completes everything they need to become an i-banker... bachelors degree, internships, management work experience, i-bank analyst job, gmat scores, gpa, mba school.. how are the chances for this person to become an i-bank associate? because i've been told it's tough to get a job even with an mba from a reputable b-school.. and what are the best cities to get an ibank job in? new york... los angeles?</p>
<p>with all that done, and some luck @ the interview, one has a good shot.</p>
<p>New York,of course. One of the best firms is in New York, Goldman Sachs, plus New York is way better.</p>
<p>yeah but isnt it hard to pay for an apartment in new york when you start out?</p>
<p>Yes, it is. My friend is an I-Bank associate at a humongous firm in NYC and lives in Chinatown in a one-bedroom apartment with five other guys. But it isn't so bad because he works about 80 hours a week, and sleeps more at the office than at home. </p>
<p>Why would you want to be an I-Banker? Unless you have a TRUE PASSION for this work, get out now. My friend hates his life. His girlfriend broke up with him, he has not made any friends in the city because he is too busy, he has no time for anything, and he is always exhausted. He is looking for a new job that doesn't require the selling of his soul! </p>
<p>Look deep down and ask yourself if you want to do it for the money, because if you do, there are a lot of other jobs that don't require this haneous lifestyle where you can make a lot of money. Most people get burned out of this job after about 10 years. The ones who don't are the ones who end up having their own firms, and think about how many I-Bank firms you can name. Not too many, huh? The passion has to be there because it requires a lot of sacrifice.</p>
<p>You earn enough money starting out to get yourself a decent pad in the city. Living in a one bedroom with 5 roomies is an exception not the norm. Many also live on the Jersey coast (its just a 10-15 minute ride to the city).</p>
<p>But the other parts seem rather normal.</p>
<p>HAHA 5 roommates for a 1 bedroom, that's sickening.</p>
<p>start your own hedge fund. You make about 100 times the money and work whenever you want. </p>
<p>Actually just ignore me, it's wishful thinking and I really have no idea what I'm talking about</p>