<p>Okay, so I always read the business major threads, becuase when I'm older I"m interested in following 90% of my families leads, and going into the business field.</p>
<p>Now I always see things about iBanking. Can someone explain to me what iBanking is?</p>
<p>[url=<a href="http://www.google.com%5DGoogle%5B/url">http://www.google.com]Google[/url</a>]</p>
<p>investment banking</p>
<p>obviously, that doens't take an idiot. lol. what exactly is it though.</p>
<p>if you can't find it on google then you should not bother trying to make it as a career.</p>
<p>is anyone else sick of everyone trying to get into ib? i am tired of all the hype. only the few elite get into ib. sorry for the harsh rant did not mean to take it out on anyone.</p>
<p>Investment bankers advise their clients on high level issues of financial organization. They manage the issuance of bonds, recommend and execute strategies for taking over and merging with other companies, and handle selling a company’s stock to the public. The work thus involves lots of financial analysis, and a strong background in finance and economics is a necessity. Personal and strategic skills are vital to investment bankers as well, for they serve as strategists for their clients, helping them develop their financial plans as well as implement them. At the profession’s highest level, investment bankers serve as crucial figures in the shaping of the American and world economies, managing mergers of multibillion-dollar corporations and handling the privatization of government assets around the world. All this is time consuming, and investment bankers work long hours. Work weeks of 70 hours or more are common, and all night sessions before deals close are the rule rather than the exception.</p>
<p>Thank you, since my brother coudln't tell me. My brother can never "explain" his job to me. He might be an ib, I know he helps merge companies, and he used to work on wall street. hah.</p>
<p>Investment Banking refers to a broad scope of jobs... it would take ages to cover everything... there's also Investment Banking Division within an Investment Bank. I would suggest start regarding the Wall Street Journal, Financial Times, etc and some well known books (Liar's Poker, Random Walk Down Wall Street, Accidental Investment Banker etc etc)... and I think Wikipedia has a good description and a lot of terms to follow...</p>