<p>aren't the chances of getting hired still slim? Do you think that setting your dreams to be an ibanker can be comparable to setting your dreams to get in the NFL/NBA/etc?</p>
<p>What do failed ibanker-wannabe's usually become? Hopefully this is not their only shot at doing something that's lucrative...</p>
<p>I don’t think that it matters, you can always turn around and do something else, if you sense that you don’t like doing this or that. I think that going higher up in NFL/NBA is harder than becoming an ibanker, given your fixed physical capabilities, but the ibanker pool has hell of a competition as well, just in a different way. Entering to the ibanker pool itself is very hard, let alone going one step up, one of many steps before becoming a C level officer. My sis is an ibanker at JPM, and they fired all the people in the ibanking office except her and her boss. They will later on transfer those people to either London office or NYC and close that office completely. Economic conditions are bad, so this reflects on employment, no matter how skillful you are.</p>
<p>You can choose to work in sales departments of firms, go to asset managing, start your own business, go trading etc etc</p>
<p>just curious, HYPUer, what group is your sister in?</p>
<p>No, the odds are nowhere near as bad as trying to become a pro athlete. </p>
<p>Good grades at a target school in challenging classes and a workable personality will give you a good shot in a normal economy.</p>
<p>Well let’s see…</p>
<p>Any rough estimates on how many investment bankers are hired per year?</p>
<p>In the NFL draft for example: 224 people are chosen/year + numerous amounts of people that are undrafted free agents each year.</p>
<p>In the NFL alone the are nearly 1700 players, 1280 MLB players, 432 in the NBA, 947 in NHL. Plus other sports of less popularity, minor leaguers, practice squad members (yes they are paid) let’s estimate it at 7,000 (that’s a low estimate too).</p>