Economics at Essex, Hull or Swansea? Best route into Investment Banking?

True, I see what you're saying. I think it's just laziness on my part. Finger needs to get pulled out to get the best possible grades.

Do you know much about hedge funds? Etc etc

Are you sure you would even like IB if you got there? Do you feel you could actually handle 70-100 hour working weeks?

Don't think about hedge funds. They're even more competitive than IB. Most people go to hedge funds via a few years experience at an IB.

Also, in IB, the hours are extraordinarily long (70 hours plus on average a week) so you need to get use to working very hard for things.

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Aye, I actually do. I need to pull my finger out, concentrate on studies and work to my best possible ability and revise well in advance.

I like the role of an investment banker.
The travelling also interests me

I agree your current profile regardless of anything else will be an instant bin.

One thing you could do however is go into Corporate Finance at Big 4 or some other related role (which will actually still be quite difficult) for a few years and then try and transfer to an IB as an experienced hire where they will be more likely to overlook your undergraduate uni and A Level grades. Aim for Big 4.

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Haha fair enough. I just don't understand how working 100+ hours a week, having no life and having frequent all-nighters at an office can appeal to anyone but there you go

What relevant roles at the big 4, and which of the big four would you recommend to go to for an increased chance into investment banking and hedgefunds?

The money? :P

Doesn't the money, the professionalism and a sense of achievement interest all?

Nah I don't believe the hype - it's not the only professional way to make a lot of money and the pay per hour hardly works out fantastic considering you don't have time to do much at all outside of work anyway with the money

I would agree IB is not worth it in an of itself for the money alone; however, for the increase in your long-term earning potential when you leave, it is probably worth it.

Also, people think IB salaries look great forgetting that a horrendous amount of that goes in tax, national insurance and rent. You really are left with nothing like the headline figure - you won't be living the luxury life you'd expect.

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lol I have A*A*A*Aa at A-Level, study maths at Oxford, beat 10 PhD students to get a very well paid summer job as a statistical/quantitative analyst the summer just gone and had three jobs prior to that, and I haven't managed to get a summer internship (yet). What makes you think you'll stand a chance?

Haha fair enough. I just don't understand how working 100+ hours a week, having no life and having frequent all-nighters at an office can appeal to anyone but there you go

Please don't listen to people on here. TSR students specialise in giving authoritative advice on Investment Banking and other competitive careers despite having no credibility to do so.

Firstly the best thing to do is speak to people who have experience in the industry. It's going to be a grind to get your foot in the door however you're going to have to make the effort to apply to access schemes and work placements. This is an extremely competitive proffesion and you're going to have to define your motivations for wanting to go into IBD.

There's no significant difference in the Universities that you've applied to. Go where A) you'd be most comfortable and B) where there are contacts as you mentioned.

If you get a 1st in Econ from one of those Universities you will have a very good chance of gaining an interview and progressing from there.

£40k graduate starting salary. .after a few year £70k and maybe5-7 years- £100-150k plus £2.35 million bonus

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No. Just, no.

You won't be seeing any million pound bonuses until you have been an MD for a while.. Considering it takes 15-18 years to get to MD, there is no guarantee that you'll even stick around that long due to burnout etc.

Here's the rough (very rough!) career ladder:
3 years as an Analyst (most people leave here)
3-4 years as an Associate (large batch leave)
3-5 years as a VP (fewer leave)
3-6 years as a Director
Finally become an MD

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£40k graduate starting salary. .after a few year £70k and maybe5-7 years- £100-150k plus £2.35 million bonus

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lmao

good luck with that