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What does the typical day of an investment banker entail?

What does the typical day of an investment banker entail?

What do you typically have to do over the course of the day?

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Original post by King Scorchy
What does the typical day of an investment banker entail?

What do you typically have to do over the course of the day?



http://lmgtfy.com/?q=day+in+the+life+of+an+investment+banking+analyst

Replace analyst with any of the other roles on the totem pole: associate, VP, SVP/Director, MD

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Coke
Original post by midnightice
Coke


You get drug tested in investment banks..

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Original post by Princepieman
http://lmgtfy.com/?q=day+in+the+life+of+an+investment+banking+analyst

Replace analyst with any of the other roles on the totem pole: associate, VP, SVP/Director, MD



I love the link, but I just think Google isn't the best place to look - the information could be too short, not informal enough, or too American to be informative enough.

I want to hear what a real investment baker on here has to say!
Original post by King Scorchy
I love the link, but I just think Google isn't the best place to look - the information could be too short, not informal enough, or too American to be informative enough.

I want to hear what a real investment baker on here has to say!


It'll be largely the same information.. UK i-bankers aren't doing anything differently to a US i-banker. This is a pretty spoken about topic if I'm honest

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Original post by Princepieman
It'll be largely the same information.. UK i-bankers aren't doing anything differently to a US i-banker. This is a pretty spoken about topic if I'm honest


Thanks, I'm reading about it now.
Reply 7
Original post by Princepieman
You get drug tested in investment banks..

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That blows all the fun then (no pun intended).
Eat, Sleep, Excel, Repeat.

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Original post by Commercial Paper
Eat, Sleep, Excel, Repeat.


Yeah, after reading about it I realised investment bankers are virtually unskilled!
Original post by Commercial Paper
Eat, Sleep, Excel, Repeat.

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don't forget powerpoint..

might make a thread going through a sort of average task required to do in m&a and what you'd be expected to actually do..

because a lot of people throw out words like modelling, pitch books, market valuations without actually knowing what they are
Original post by King Scorchy
Yeah, after reading about it I realised investment bankers are virtually unskilled!


It is kind of interesting that we talk about the skills learned in IB as an analyst and then also say that a monkey could do it and it's menial work.
Original post by gr8wizard10
don't forget powerpoint..

might make a thread going through a sort of average task required to do in m&a and what you'd be expected to actually do..

because a lot of people throw out words like modelling, pitch books, market valuations without actually knowing what they are


I think that would be really good. Honestly people need to understand the jobs of IBs in any division before they speak ill about it!


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Original post by BizzStrut
It is kind of interesting that we talk about the skills learned in IB as an analyst and then also say that a monkey could do it and it's menial work.


It's because the most important skills you learn are probably the softer skills and relationships you build, rather than the hard ones. I can go through multiple textbooks and pick up similar skills to an Analyst, but the softer skills - you need exposure and experience to gain that.
Original post by gr8wizard10
don't forget powerpoint..

might make a thread going through a sort of average task required to do in m&a and what you'd be expected to actually do..

because a lot of people throw out words like modelling, pitch books, market valuations without actually knowing what they are


I'll start...

Modelling - pushing refresh in Excel, making stuff look neat, add/subtract/divide etc.
Pitch Books - correcting typos plus efficient use of Copy and Paste, reading an MDs mental hand writing
Market Valuations - hitting 'download' on a Bloomberg Terminal
(edited 7 years ago)
Original post by DamnDaniel2
I think that would be really good. Honestly people need to understand the jobs of IBs in any division before they speak ill about it!


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just posted one:
http://www.thestudentroom.co.uk/showthread.php?t=4142755

Original post by Commercial Paper
I'll start...

Modelling - pushing refresh in Excel, making stuff look neat, add/subtract/divide etc.
Pitch Books - correcting typos plus efficient use of Copy and Paste, reading an MDs mental hand writing
Market Valuations - hitting 'download' on a Bloomberg Terminal


look at my guide on how to m&a xD just made a thread now.. the red ink pen #1 #1 #1

using broker forecast when you cba
(edited 7 years ago)
Original post by gr8wizard10
just posted one



look at my guide on how to m&a xD just made a thread now.. the red ink pen #1 #1 #1

using broker forecast when you cba


I take it you already had that from your BB and just edited it. Surely you did not create it from scratch?!

Very impressive, your tone is spot on. If only they showed this at those recruitment events...

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Original post by Commercial Paper
I take it you already had that from your BB and just edited it. Surely you did not create it from scratch?!

Very impressive, your tone is spot on. If only they showed this at those recruitment events...

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you can't email yourself work documents

made that just now and have that and the excel file i made for it, but thought including excel screenies will be a bit too much and boring for viewers. once you've done a few, it's pretty simple to do for any company as long as the required info is readily available online
Original post by Commercial Paper
It's because the most important skills you learn are probably the softer skills and relationships you build, rather than the hard ones. I can go through multiple textbooks and pick up similar skills to an Analyst, but the softer skills - you need exposure and experience to gain that.


I wonder whether these soft skills would be more quickly developed in, say, a sales environment where you're trained and taught people-oriented skills then tested by fire (commission based on sales) for a 3 month stint and/or as a management consultant where you have exposure to executives, CEOs, and spend a lot of time presenting.
Original post by Commercial Paper
It's because the most important skills you learn are probably the softer skills and relationships you build, rather than the hard ones. I can go through multiple textbooks and pick up similar skills to an Analyst, but the softer skills - you need exposure and experience to gain that.


Don't forget the hardcore repetition that ingrains your modelling and analysis skills to insane levels.

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