Intro to Investment Banking

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  1. Iqbal007's Avatar
    • TSR Legend
    • Posts: 13,367
    Re: Intro to Investment Banking
    (Original post by Singh_87)

    Please note that this doesn’t mean that if you do Mathematics at Oxford you are certain to get a position in Banking. 90% of positions tend to be filled across banks by people with a certain degree from a certain university, and these are these the ones I have listed, but this is not to say a Economics degree from Queen Mary is not going to get you in if you are ‘up to it.’
    I love how you said economics at queen mary, because im going there
  2. Dumb Economist's Avatar
    • Overlord in Training
    • Location: London
    Re: Intro to Investment Banking
    (Original post by Iqbal007)
    I love how you said economics at queen mary, because im going there
    You reponded to five yr old post.... but still relevant...
  3. lmfao's Avatar
    • Benevolent Member
    • Location: London
    • Posts: 882
    Re: Intro to Investment Banking
    2 Questions:

    Is their any IB role that isn't quantitative?

    And on failure to achieve Summer/Spring internships, are IB hopes doomed? I was kind of hoping to be lazy, complete a relevant Masters/MBA and then just jump onto whatever's suitable. Is this silly?

    tyty
  4. KLL's Avatar
    • Overlord in Training
    • Posts: 2,000
    Re: Intro to Investment Banking
    (Original post by lmfao)
    2 Questions:

    Is their any IB role that isn't quantitative?

    And on failure to achieve Summer/Spring internships, are IB hopes doomed? I was kind of hoping to be lazy, complete a relevant Masters/MBA and then just jump onto whatever's suitable. Is this silly?

    tyty
    If you don't like numbers, you picked the wrong indsutry. Or what do you mean by "isn't quantitative"?
  5. usainlightning's Avatar
    • Overlord in Training
    • Posts: 2,749
    Re: Intro to Investment Banking
    WIll my first year degree marks be taken into account, if i'm applying for an internship in my second year?
  6. DeeDub's Avatar
    • Overlord in Training
    • Location: Manchester
    • Posts: 2,191
    Re: Intro to Investment Banking
    (Original post by usainlightning)
    WIll my first year degree marks be taken into account, if i'm applying for an internship in my second year?
    At certain places yes, others no.
  7. BulgeBracket's Avatar
    • Benevolent Member
    • Posts: 666
    Re: Intro to Investment Banking
    How does one go about getting an off cycle internship with a BB?
    I know a good bit about banking and I got a 1st for first year from a good Irish uni and 400+ UCAS points (converted from the Irish system)..

    I know how it is with boutiques, but for BB do you just cold call/email or is there usually a set out process for off cycle like there is for summer internships? (I am required to get 4 months work exp. in 2nd year and was hoping for IBD or Research)
  8. KLL's Avatar
    • Overlord in Training
    • Posts: 2,000
    Re: Intro to Investment Banking
    (Original post by BulgeBracket)
    How does one go about getting an off cycle internship with a BB?
    I know a good bit about banking and I got a 1st for first year from a good Irish uni and 400+ UCAS points (converted from the Irish system)..

    I know how it is with boutiques, but for BB do you just cold call/email or is there usually a set out process for off cycle like there is for summer internships? (I am required to get 4 months work exp. in 2nd year and was hoping for IBD or Research)
    theres an online applciation system
  9. The Banker's Avatar
    • Full Member
    • Posts: 148
    Re: Intro to Investment Banking
    (Original post by BulgeBracket)
    How does one go about getting an off cycle internship with a BB?
    I know a good bit about banking and I got a 1st for first year from a good Irish uni and 400+ UCAS points (converted from the Irish system)..

    I know how it is with boutiques, but for BB do you just cold call/email or is there usually a set out process for off cycle like there is for summer internships? (I am required to get 4 months work exp. in 2nd year and was hoping for IBD or Research)
    Yes some banks do offer off cycle internships. I think BNP Paribas are currently recruiting for off cycle interns.

    Other banks in the UK that offer them include Morgan Stanley and JP Morgan. You'll have to check the websites yourself to find out.
  10. Philosopher-of-sorts's Avatar
    • Peer Of The TSR Realm
    • Posts: 1,462
    Re: Intro to Investment Banking
    http://www.fow.com/

    This would be a useful site for those wanting to get a bit more familiar with derivs and related parlance...perhaps worth putting in the OP. There's some subscription only content but a lot of decent free articles.
    Last edited by Philosopher-of-sorts; 16-09-2011 at 14:24.
  11. sarahj's Avatar
    • New Member
    • Posts: 3
    Re: Intro to Investment Banking
    If you are interested in a career in banking, then check out the Free Tutorials on how to get a job on Wall Street at [www] insideinvestmentbanking [dot] com. Best part, all the tutorials are written by bankers who’ve been there, done that, so the advice is really solid. Disclosure: I’m actually a current student of IIB and I do get help from them with recruiting (eg resume review) in exchange for letting other students know about it.
  12. bhavik_sheth's Avatar
    • Junior Member
    • Posts: 38
    Re: Intro to Investment Banking
  13. Dumb Economist's Avatar
    • Overlord in Training
    • Location: London
    Re: Intro to Investment Banking
    (Original post by bhavik_sheth)
    Singh copied this all from

    http://www.thestudentroom.co.uk/wiki/Investment_Banking
    It is other way round...lol
  14. Singh_87's Avatar
    • Overlord in Training
    • Location: U.K.
    • Posts: 2,298
    Re: Intro to Investment Banking
    (Original post by bhavik_sheth)
    Singh copied this all from

    http://www.thestudentroom.co.uk/wiki/Investment_Banking
    Not that I really care, but I didn't actually copy it all from the link. In fact, it was the other way round. At the time of writing the thread the forum was full of threads asking pretty much the same question. I'm sure PB and others who were around at the time can agree how boring and repitive it all became. So I decided to put my thoughts and ideas into a thread, which was later made into a sticky.

    Just maybe people should get their facts right before they post.

    Kind of annoyed I didn't get notice of someone copying my thread into a wiki article.
  15. Singh_87's Avatar
    • Overlord in Training
    • Location: U.K.
    • Posts: 2,298
    Re: Intro to Investment Banking
    (Original post by Dumb Economist)
    It is other way round...lol
    Lol, just noticed this. Thanks.
  16. bhavik_sheth's Avatar
    • Junior Member
    • Posts: 38
    Re: Intro to Investment Banking
    lol sorry, when I posted that, I was hoping it wasn't the other way round but unfortunately it was.
  17. Jedbrien's Avatar
    • Full Member
    • Posts: 149
    Re: Intro to Investment Banking
    Hey which course will give me a better chance at Investment Banking. Physics at Imperial College or UCL or will their be negligible difference?
  18. tehFrance's Avatar
    • TSR Legend
    • Location: Londres
    • Warning points: 10
    Re: Intro to Investment Banking
    (Original post by Singh_87)
    Options, Futures and Other Derivatives; John Hull
    Is there a difference between the US and the Global Edition? well other than price that is as I'm trying to see which one I should purchase as I am reading it for myself (hopefully it will help me with my ambitions to get into IB) not a course.
  19. Juliette235's Avatar
    • Banned
    • Posts: 4
    • Warning points: 1000
    Re: Intro to Investment Banking
    May be of use...

    There was a newspaper last term around campus - 'The Gateway Investment Banking Special' which was pretty good as an introduction to banking .. lots of course-mates used it for their applications, interviews etc

    I got an email several months back from my business school and the whole issue is still available online so I thought i'd offer it up as an extra to the resources on the original thread! : http://thegatewayonline.com/issues/issue42
  20. johnfred01's Avatar
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    • Posts: 1
    Re: Intro to Investment Banking
    Brazil and Rio de Janeiro Investment Consulting & Business consulting. advisory services ports shipyard biofuels commercial residential real estate hotels mergers acquisitions private equity capital.
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