The "Am I good enough for Investment Banking/Consultancy?" Thread
Discussion on investment and retail banking, equities, trading, derivatives, consultancy.
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Re: Answering questions for newcomers
Is IB&C really the only realitic way of earning vast amounts with a maths degree.
(Obviously proving one of the milleniums or producing an algortihm to factor large numbers would yield the same results - but they aren't really a sure thing).
Also, what would an Oxford first Mathematics degree open up for you? Is it really a 'connections' business?
Cheers. -
Re: The "Am I good enough for Investment Banking/Consultancy?" Thread
what exactly is meant by target?
i swear some people seem to have different ideas of what it means
to me a target uni is somewhere which, if applied from, your application wont be auto binned
eg app from cam will be considered, app from de montfort will be auto binned
app from warwick/ucl will still be considered, somewhere like manchester is touch and go.. -
Re: The "Am I good enough for Investment Banking/Consultancy?" Thread10 Targets:(Original post by fieryiceissweet)
what exactly is meant by target?
i swear some people seem to have different ideas of what it means
to me a target uni is somewhere which, if applied from, your application wont be auto binned
eg app from cam will be considered, app from de montfort will be auto binned
app from warwick/ucl will still be considered, somewhere like manchester is touch and go..
Oxford
Cambridge
LSE
Imperial
UCL
Warwick
Bristol
Durham
St Andrews
Edinburgh
I'm pretty sure you're app won't be automatically binned if you are from a top 25/30 uni. Think about it...there will be one or two that are top notch and the banks will find them. -
Re: Chances of Investment Banking?i know people who got 2.2's and missed out on a 2.1 by 3 marks or so and yet got their FO offers withdrawn by a "tier 2" bank. things are probably much tougher than they used to be.(Original post by loggins)
If you intern well and impress the bank, even if you miss the 2.1 they'll still probably take you. Getting your foot in the door is the hard part and if you've got a 2.2 it'll be damn near impossible. OP, take some easy modules, do what you can to get a 2.1 or above. -
Re: The "Am I good enough for Investment Banking/Consultancy?" ThreadNot many banks target either St Andrews or Edinburgh. The ones highlighted are banks target for Front Office roles.(Original post by Breitling)
10 Targets:
Oxford
Cambridge
LSE
Imperial
UCL
Warwick
Bristol
Durham
St Andrews
Edinburgh
I'm pretty sure you're app won't be automatically binned if you are from a top 25/30 uni. Think about it...there will be one or two that are top notch and the banks will find them. -
Re: Chances of Investment Banking?(Original post by Jibzy)
i know people who got 2.2's and missed out on a 2.1 by 3 marks or so and yet got their FO offers withdrawn by a "tier 2" bank. things are probably much tougher than they used to be.
I guess it varies bank to bank. Where I interned this summer, they were certainly very lenient with the terms of the condifions of their offers. Also, a couple of my friends received unconditional grad offers from other banks, so things are not as tough as you'd expect (as long as you impress). -
Re: Chances of Investment Banking?I guess so. but one would have thought that the tier 1 banks would be stricter than the tier 2 banks. but i guess it's not as easy as that.(Original post by loggins)
I guess it varies bank to bank. Where I interned this summer, they were certainly very lenient with the terms of the condifions of their offers. Also, a couple of my friends received unconditional grad offers from other banks, so things are not as tough as you'd expect (as long as you impress).
I heard someone at Goldman still retained an offer with a 3rd class. wow... -
Re: Chances of Investment Banking?Probably something to do with the time and money they invest into training up interns. It's also a lot to do with the personality of the individual I reckon.(Original post by Jibzy)
I guess so. but one would have thought that the tier 1 banks would be stricter than the tier 2 banks. but i guess it's not as easy as that.
I heard someone at Goldman still retained an offer with a 3rd class. wow... -
Re: The "Am I good enough for Investment Banking/Consultancy?" Thread
So I have a question. Next year I'm starting a physics masters and the non backup universities I've applied too are durham, warwick, UCL, and KCL. Is the only way for me to get into investment banking to do a phd and become a quant or are there other opportunities for physics graduates?
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Re: The "Am I good enough for Investment Banking/Consultancy?" Threadprobably better. a better example would be asking if a 2.1 from oxbridge/lse would compare with a 1st from UCL(Original post by tazarooni89)
I'm wondering - suppose you go to a top 5 uni.
Which holds more weight - the class of degree you get, or the university you get it from?
So for example would a First from UCL be considered as good as a 2:1 from Imperial? -
Re: The "Am I good enough for Investment Banking/Consultancy?" Thread
For front office IB, would the following be accurate?
Oxbridge & LSE Economics / Economics & Management
^
UCL Economics
^
Warwick Economics
^
Warwick MORSE
I received an offer for UCL Economics, and, based on past posts on TSR as well as league tables, I am already starting to discard Warwick's courses from my relevant options.
edit: the other thread is more relevant to this.Last edited by Roundabout; 22-11-2008 at 13:14. -
Re: The "Am I good enough for Investment Banking/Consultancy?" Thread
i think you are a fool to base your decisions soley on tsr comments. i would be happy study any of those courses. trust me i got offer from four of them. my final judgement was finally based on course structure and location. the difference btwn those courses is miniscule
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Re: The "Am I good enough for Investment Banking/Consultancy?" ThreadI am not basing my decisions solely on TSR comments, but as a foreigner I do not have many alternatives. Yes, some of the comments on TSR will be biased, but I would argue that university prospectuses and websites are much more biased and offer much less useful information.(Original post by friedman)
i think you are a fool to base your decisions soley on tsr comments. i would be happy study any of those courses. trust me i got offer from four of them. my final judgement was finally based on course structure and location. the difference btwn those courses is miniscule -
Re: The "Am I good enough for Investment Banking/Consultancy?" Thread
all 4 of those courses would probably be enough to get you an interview i'd say, but at the end of the day its not the 'be all and end all'. UCL is also in london so that might be helpful. just go to wherever you like the look of (where u can imagine having the best time for 3 year) as there really isnt that much in those bar the LSE/oxbridge
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Re: The "Am I good enough for Investment Banking/Consultancy?" ThreadOk, well how would a 2.1 from Oxbridge/LSE compare with a 1st from UCL?(Original post by Haz313)
probably better. a better example would be asking if a 2.1 from oxbridge/lse would compare with a 1st from UCL
Also, how difficult would it be to get a front office role with a 2.2 from oxbridge/LSE?
Cheers
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Re: The "Am I good enough for Investment Banking/Consultancy?" Threadwhy would you even consider getting a 2.2 from LSE/oxbridge? would be such a waste of an opportunity :P(Original post by tazarooni89)
Ok, well how would a 2.1 from Oxbridge/LSE compare with a 1st from UCL?
Also, how difficult would it be to get a front office role with a 2.2 from oxbridge/LSE?
Cheers