<p>Trading is not being stockbrokers. Go back and read the info. Also use google. M&A=Mergers and Aquisitions. There are a bunch of threads that explain these. As for chances....not too good. Umass is not recruited from by most places. Your best bet would be to either join back office or middle office. Or just go for a corp fin business at a good fortune 500 company build up your experience, go to a good bschool and then try out ibanking. There are many roads that lead to ibanking.</p>
<p>i honestly think that most people outside of this board never heard of IB becasue most of my friends and people in my school didn't want to become an IB or know what it is. so I would thought there wouldn't be much competition. why are IB so elitist and selective anyways?</p>
<p>well what are all the possible career paths for finance?</p>
<p>Honestly, no one at my school knows what investment banking is or what to go into it. So I don't see how its so "hard to get into". I'm sure if you try hard you can get in with no problem.</p>
<p>LoL Tpeck. As I said Harvard is like Nevada State compared to Goldman. This of acceptance to applicant ratio in the low single digit %tages. Add the fact that most guys are from elite schools you have a ridiculous competition.</p>
<p>Yeah, at my school, no one knows what i-banking is. They still think the highest paying jobs are doctors and lawyers, and that's the path most of our students take. We also have a lot of Asians, so engineering is popular. Not even the people who want to do business in my school, except a few people, know what i-banking is.</p>
<p>But all that changes when you get to college and have the opportunity to explore. You are exposed to many different fields. That's how many people find out eventually what it is. In most cases, the competition for i-banking starts in college. </p>
<p>Also I'm sure many people here never knew about it until they come on to CC for the first time and saw that it is one of the most popular topics of discussion. Mahras knew about this stuff long before me, and I say he is one of the lucky ones. CC is full of people with knowledge of i-banking. </p>
<p>Anyway, just because people haven't heard about it at the HS level doesn't mean there will be no competition for you. They will eventually find out. (The first time I heard about i-banking was junior year of high school. My SAT math instructor was an i-banker at Deutsche Bank. She was a recent grad of Wharton undergrad. After that, I became interested.)</p>
<p>I'm still betting that i-banking is the toughest job to get. Many people try hard and still don't make it.</p>
<p>Yeah nobody at my school heard of I-banking either. Most students want to become doctors or lawyers. And the business students think they're going to be entrepreneurs or executives lol. From the people in my high school, I can't imagine much competition for IB. It'll be like a secret high paying job that only a select few heard of.</p>
<p>SSJ is a forum troll, who uses multiple names. This person makes comments under mulitple names, pretending to be different people, while at the same time making bizzar comments.</p>
<p>Yeah, kinda sad if you ask me.</p>
<p>Its not sad. I-banking is a relatively new job. Thats why I think there won't be too much competition. Most people in my school never heard of IB.</p>
<p>Come to Penn and see the competition for yourself. It is ridiculous, and Penn is one of the big I-banking feeder schools.</p>
<p>Are you kidding me that ibanking is new?!?!?!!?! It has been there since the early 1900s!!!! Your school isnt a rough enough consensus. I go to the school that produced that most nobel prize winners (6) out of any secondary school in the world and I would say quite a few know what Ibanking is.</p>
<p>I saw some I-banking sites and it shows you could just fill out an application for a I-banking job. So that means you don't need to go to an elite college where they recruit. Save the money and go to a state or community college and fill out the application at <a href="http://www.gs.com%5B/url%5D">www.gs.com</a> .</p>
<p>just my 2 cents</p>
<p>Even if you do you ARENT gonna get it hehe. Listen most Ibankers have degrees from the top school. Take a look at <a href="http://www.blackstone.com%5B/url%5D">www.blackstone.com</a>. Go check out the profiles. Here are the schools mentioned 99% of the time: Harvard, Wharton and occassionally stanford. What does this tell you ;)?</p>
<p>"I-banking is a relatively new job"</p>
<p>lol thanks for entertaining me during a stressful week of finals :)</p>
<p>Penn, there is no use arguing against ssj2. He is clearly lacking knowledge in the field and trying to pose as an expert. Save yourself the effort and more importantly dont waste our time.</p>
<p>lets hope hes talking about how the profession has gotten more important over the years since the repeal of glass-steagall during clinton year not that its "new"</p>
<p>"I saw some I-banking sites and it shows you could just fill out an application for a I-banking job. So that means you don't need to go to an elite college where they recruit. Save the money and go to a state or community college and fill out the application at <a href="http://www.gs.com.">www.gs.com.</a>"</p>
<p>Exactly, it's just like becoming a gas station attendant. You walk in, fill out a piece of paper, pass a drug test, and boom - you're making 85k.</p>
<p>No!</p>
<p>Community College? Do you think firms are going to pay you that much, let alone let you take part in decisions involving billions of dollars when at most, you've taken an intro to macro and an intro to micro class?</p>
<p>I wish I could find comedy in this but really, it's just too absurd.</p>
<p>Don't worry about it, Gohan isn't really serious. As VTBoy has said, he is a troll. I've seen several other posts he has made, he just likes to bother people. On the Penn board he was trying to annoy people by telling them his manager at McDonalds says Penn isn't a good school because it 'sounds like a state school.'</p>
<p>is graduating from georgetown ok for a career in I-banking?? (i know its not one of the top 10 business schools)...</p>