Investment Banking?

<p>Well, to liven things up on this forum I posted on our favorite topic.</p>

<p>Please reply with whther or not you want to become an Invesment Banker after college and if so which bank.</p>

<p>If you do not want to be an Investment Banker after College, write what you do want to do.</p>

<p>PS. Please don't write something like Private Equity because that is reasonable down the road, but not really straight out of college.</p>

<p>Investment Banker-yeah. :D</p>

<p>Top choice banks:
-UBS Investment Bank
-Credit Suisse
-Houlihan Lokey
-The Blackstone Group
-Lazard</p>

<p>Notice that there are only 2 BBs on my list lol :D</p>

<p>My totally uninformed list:</p>

<p>--Bear Stearns (I wanna do trading, and they have a great FI division)
--Lazard
--CSFB
--Morgan Stanley
--Goldman Sachs</p>

<p>Lazard only has asset management and IBD lol...no trading.</p>

<p>CSFB is now Credit Suisse CIB.</p>

<p>accountant or coast guard, and/or possibly law school since my practice LSAT scores have all been within the range of 165-173. Just depends on whether my GPA wants to move higher</p>

<p>hey southpasedna did you ever consider going to law school and then getting that tax law specialization? i heard those guys make good bucks.</p>

<p>i heard UBS works you like a dog compared to the other banks.</p>

<p>im thinking about donig ibanking (if i can get in)
i like the money + opportunities afterwards but i dunno about the whole 80-120 hr weeks...</p>

<p>investment banker? yes.</p>

<p>either lehman brothers or goldman sachs.</p>

<p>Investment banker? Yes.</p>

<p>Top choices? Not sure right now.</p>

<p>Hey I heard that GS and Lazard work you like a dog too...as does HLHZ. And I heard ML, MS and GS underpay too.</p>

<p>Go to any investment bank and they'll work you like a dog. If you're an investment banking analyst and you're not working like a dog, you're at a crappy middle market bank or boutique or you're about to get fired.</p>

<p>dfca, if i did law, i would probably go into biglaw and move on to estate after i am burnt out. Accounting is merely a degree i can get now that will provide me with a good starting career upon graduation, so tax law wouldnt really interest me that much. </p>

<p>If i had my choice and went to a school respected enough, i would want to trade or work for a big mutual fund, the later being quite feasible now and still a possibility. Who knows, my mind jumps to much</p>

<p>And in the end, everything will be a means to earn money for my future enterpenurial activities</p>

<p>hmm .. how do ONE actually be an investment banker?</p>

<p>will a major in finance work? what does an investment banker do let say eg. in goldman sachs? anyone can enlighten me..</p>

<p>Analyst: get crapped on, crap on associates, number junkie, spreadsheets, models, etc.
Associate: get crapped on (by everyone), crap on analysts, most of the same stuff analysts do, and putting pitchbooks together. Some client contact.
Vice President: Trying to establish a client base. Manage associates and analysts. Crap on associates. Execute transactions.
Managing Director: Talking to clients, pitching deals, dealsourcing, advisory stuff, mostly client contact. Crap on associates.</p>

<p>Yes, everyone ****s on the associates. </p>

<p>GOLDEN RULE OF INVESTMENT BANKING=**** flows downhill. Money flows uphill. The amount of **** you take is inversely proportional to your paycheck.</p>

<p>That Golden Rule is pretty funny. But sad that its true.</p>

<p>Investment Banker-No. </p>

<p>I have no interest in becoming an Investment Bank's whore for the prime years of my life, no matter how much they are paying.</p>

<p>"Lazard only has asset management and IBD lol...no trading."</p>

<p>Yeah, I know...but there's something about the boutique/conservative-formal atmosphere that I like the sound of...also, it's pretty prestigious and I heard even analysts get some real experience and responsibilities.</p>

<p>knowing how competitve it is to even land on an ibanking job, i'll be happy at almost any investment bank, even the middle market ones. </p>

<p>i like goldman and UBS for their global presence. i like lazard for their superior sartorial tastes, and i like lehman brothers' name.</p>

<p>Ya that will probably be my method for choosing which ibank to work for (if Im that lucky). I like the names Goldman, Lazard, and Lehman, very cool names.</p>

<p>Deutsche Bank for that summer in London and their great trading program.</p>

<p>IB-Not really, but I assume I will to pay off loans and such.</p>

<p>Blackstone, that would be golden. then I might actually wanna be an IB... though it won't happen.
GS would be nice.
Lazard
Leheman
UBS LA if i'm feeling ballsy and don't like my soul</p>