Typical Ibanker analyst/associate work week

<p>dude look into S&T. you can make a good amount of money in that too and have plenty of time for family or whatever</p>

<p>"dude look into S&T. you can make a good amount of money in that too and have plenty of time for family or whatever"</p>

<p>thnx but is planning a career in hopes of getting into one company really a good idea? wouldn't S&T's idealistic conditions make more people want to be hired by them = more competition=higher chance i have to go to the less family friendly banks?</p>

<p>is there some kind of fall back career in high finance with my ideals (good money[maybe the same early retirement options as Ibanking] and family time) in case Ibanking doesn't work out?</p>

<p>Well some people are actually interested in finance :rolleyes:.</p>

<p>lol I am but I also want a life and happiness :p</p>

<p>^ dude , lol, S&T isn't a company ....it stands for sales and tradin: a division in banking</p>

<p>Yeah, that's hilarious hehe... thinking S&T is a company. Do some research people!! It takes like 90 seconds on google to find out such basic things. If you ever get a job, your boss and especially your colleagues will hate you if you bug them with dozens of 90-second google-level questions each day.</p>

<p>roflcopter</p>

<p>"(good money[maybe the same early retirement options as Ibanking] and family time)"</p>

<p>Im looking for the same thing as juliushark. Is S&T the only other financial/business career that has regular hours and still a high pay? </p>

<p>Also what are examples of the "early retirement options" of ibanking, how early do you retire?</p>

<p>Many of the people in IB who are capable of retiring early keep working long after they have to. I mean really, if you're Lloyd Blankfein, you stopped caring about the money years ago.</p>

<p>lol Sorry guys, I'm not even a junior yet so I'm still learning :p</p>

<p>I thought this was the company </p>

<p>S&T</a> - Home
:p lo I feel so silly</p>

<p>but thanks for the good news, I'll research this and see if it sparks my interest (I was genuinely interested in IB, believe it or not)</p>

<p>EDIT </p>

<p>"Also what are examples of the "early retirement options" of ibanking, how early do you retire?"</p>

<p>earliest I've heard is 36</p>

<p>DOUBLE POST</p>

<p>k i think I have a good idea of what S&T is now but I'll have to keep looking into it to see if it can keep my interest for life :p</p>

<p>I was looking at some of the Canadian banks (unless I go to the US for univ. ill probably work for them[i have connections to RBC]) and I'm guessing " fixed income S&T" is the same as S&T? is itjust more specific? what's the difference?</p>

<p>you have no down time in M&A, i've heard of analysts' only relaxation time is when they are dropping a deuce...in the adult diaper their supervisor makes them wear so they don't lose any time to petty disturbances like bodily functions.</p>

<p>yeah S&T looks much more attractive to the kind of lifestyle I wish to have. I want to retire early like my dad did(he did for a completely different reason though) and try and start my own projects, but i also don't want to be the workaholic husband/father with a drug addict family etc etc</p>

<p>btw, any other finance areas that fit my ideals just in case?</p>

<p>EDIT I think I' leaning more towards trading than sales since my people skill and not extraordinary but they're okay.</p>

<p>M&A, S&T...where can I get brief info about each department?</p>

<p>Sales</a> and Trading Bonueses | WallStreetOasis.com</p>

<p>Traders</a> Train | WallStreetOasis.com</p>

<p>I-Banking</a> Bullpen | WallStreetOasis.com</p>

<p>those forums have info about various aspects of banking/trading.</p>

<p>how likely (unlikely lol) would it be for me to get an internship in S&T for the summer after my sophomore year? (general info: I attend Penn (the college, not wharton), majoring in econ and math, my current gpa is 3.85).</p>

<p>Among the many things that people are overlooking here is that IB and S&T are not interchangeable. They are meant for very different personalities. Someone that would like and be good at IB would probably not like or be good at S&T and vice versa. Most are also ignoring that 90+% of first year analysts will not stay in IB for even five years; nevermind long enough to interfere with raising a family. Careers in various areas of investment management and corporate finance, which many times are obtained through initial IB experience, are other paths to reasonably good compensation while maintaining a healthy work/life balance.</p>

<p>
[quote]
how likely (unlikely lol) would it be for me to get an internship in S&T for the summer after my sophomore year? (general info: I attend Penn (the college, not wharton), majoring in econ and math, my current gpa is 3.85).

[/quote]
</p>

<p>No one can answer this based on your school, major and GPA because there are many more important items that will determine your chances such as personality, interview skills, industry knowledge, attitude. A candidate with those credentials can easily attain an internship in S&T or could easily be rejected depending on what other personal attributes they offer.</p>

<p>^fair enough. I knew it was sort of a retarded question, but I decided to go ahead and ask it anyways. Thanks</p>

<p>"^fair enough. I knew it was sort of a retarded question, but I decided to go ahead and ask it anyways. Thanks"</p>

<p>lol this describes the majority of my CC posts :p what can I do I have no one to ask, my counselor is an inexperienced, complete idiot</p>

<p>I think most people would fit better in Invesment banking that S&T. If you go in to S&T, you are somewhat pidgeon holed in Trading jobs at banks of hedge funds, or possibly as a PM. Banking can lead to Private Equity, VC, Corporate Development, Corporate finance, CFO, f500 management. Banking seems to be much more business oriented while trading is simply based on the market.</p>