<p>Can someone smart but with a laid back personality be successful at Ibanking? Or, will a laid back person be happy in that environment? Any comments?</p>
<p>You have to be a gogetter. Most ibankers aren't laid-back at all.</p>
<p>most of the ibankers and aspiring ibankers that I've met (aka everyone here at wharton) are really intense, hardworking, competitive, cutthroat, machiavellian, etc. </p>
<p>So it's not impossible to succeed being laid back but you're going to have a tough time dealing with your co-workers and a laid back person is probably not going to be happy in an intense banking job.</p>
<p>"most of the ibankers and aspiring ibankers that I've met (aka everyone here at wharton) are really intense, hardworking, competitive, cutthroat, machiavellian, etc."
yea thats what I picture when I think of Investment Bankers, but people have also told me that in order to be an Ibanker you have to have teamwork & communication skills and also be articulate. Do you think these skills are necessary as well.</p>
<p>Ambitious, Stressed, and Scornful. That is why investment banker's are almost always called an ASS. hahah. I definitely want to be called an ASS.</p>
<p>I'm curious, I hear all this talk about I-Banking and big finance careers on this forum. How many of you are interested in this work, regardless of the pay? Is the pay the only reason for your choice?</p>
<p>All I hear about on these forums is salaries and which school is most prestigious.</p>
<p>I'm not saying there it is wrong to want to be filthy rich, but that seems to be the only thing people care about on CC forums. People shun 50k salaries like they would be poor on that.</p>
<p>people in business only care about money, whether that's a good thing or not, i don't know.</p>
<p>people in every major only care about money</p>
<p>people in ibanking only in it for the money don't last long</p>
<p>I agree with FrddyGV, if you're in it only to make money, then you will surely blow yourself out in a few years. I think you really have to **love **money, not necessarily making money, but the very institution of currency itself. Some people call it the Man..well learning to love the Man is definitely a prereq to being successful</p>
<p>I get the feeling on these forums that many people think it's going to be 'easy' to major in finance, land a big career in I-Banking or Wall street, and be a millionaire hot shot within a few years of graduating.</p>
<p>I see people on the engineering forums who are worried they won't be making over 100k 10 years down the road.</p>
<p>I guess it's good in a way to have high expectations. Just be sure you enjoy your field somewhat.</p>
<p>That's because we all know that ibanking/trading/PE/HF/whatever is a gold mine. Granted, that gold mine is hard to get into, but nevertheless those who make it into the gold mine that is ibanking/trading/PE/VC/whatever and manage to stay put will more likely than not make tons of money.</p>
<p>I feel stupid, but what EXACTLY is "IBanking"?</p>
<p>And how do you attain something like that</p>
<p>Investment Banking. How do you attain a job in ibanking?</p>
<p>Go to Wharton, Major finance, graduate Magna Cum Laude with a 3.5 GPA. Ibanks will be GROVELING at your feet to hire you.</p>
<p>sorry but what's PE and VC?</p>
<p>PE=Physical Education. (Just kidding) It means Private Equity.
VC=Venture Capital.</p>
<p>ah i see thanks</p>
<p>can you major in marketing?</p>
<p>
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ibanking/trading/PE/VC/whatever and manage to stay put will more likely than not make tons of money
[/quote]
</p>
<p>Stay put? Consider the fact that approximately 90-95% of traders fail, and 90-95% VC deals bust and don't make money. You better be active and vigilant in order to make money on those fields. Don't confuse the buyside with the sellside.</p>
<p>This my corny answer, but Investment banking and high arbitrary finance was the only type of field that ever gave me the rush that I wanted. Up until this year, I had wanted to pursue medicine, but I really didn't care to much about it, but once you see that rush at the age of 22 or 23, you question yourself and get this unstoppable urge for wanting more. Honestly, for me its the only field that is competitive enough to help me excel and live for that rush of living on the edge. All I ever saw in my life of being an immigrant in New jersey was being filthy poor, but in order to undertand how bad I want it, I wouldn't just do it for the money. Its all about the Rush. Read Ugly Americans, even though it really isn't about Ibanking, its still high-wire finance deals and living on the edge plus its really entertainging.</p>