<p>i've noticed that quite a few people want to become i-bankers now a days - a friend @ an ivy league school commented that there are a freakishly large amount of i-bankers at his school. what do you guys thing about this? </p>
<p>i'm a bit worried, because i am seriously considering i-banking, but the competition seems very fierce, and not everyone can be an i-banker heh. i don't really like the prospect of competing with tons of brilliant ivy league grads in i-banking.</p>
<p>anyways, just wondering what you guys think about this :D (or if it's even an issue)</p>
<p>You'll hear about lots of people "wanting" to become I-bankers, even fewer becoming I-bankers, and not many at all who remain I-bankers for that long.</p>
<p>Also the fact that "normal" people have a minute chance of even getting into an interview cuts down on the number of potential I-bankers.</p>
<p>It'll definately be hard, if you expected it to be an unknown field of amazing pay and benefits, you're a bit wrong.</p>
<p>Yeah, what I don't understand is how difficult it is to land an i-banking job. i didn't expect it to be a walk in the park, but it sounds like everyone wants to be one lol. also, i hear so many engineers talking about switching to i-banking, what's up with that? will a degree/mba/whatever from a prestigious university cut it? i'm just not so sure what's required...</p>
<p>It has always been the case. My Econ department graduated 400 students my year (1996). Of those 400 students, roughly 50 joined IBanks, and that's in a university that has a relatively decent B-school where most students interested in going for the IBanking field end up transfering to. From my own personal group of friends who graduaed with me, 6 joined IBanks back in 1996. Today, not one of us is an IBanker.</p>
<p>I- banking doesn't require a specific degree, they just like to know tha you're smart and can do well, a lot of it also depends on what school you're in. Some schools have a lot of recruiting, others don't.</p>