Do you have to go to the top 20 universities to be a investment banker?

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do you know this person? are you sure you aren't talking about the guy from "million dollar traders"? if you are, you would know that "story" hasn't actually been confirmed. if you aren't, you should realize that is the most obscene case of adverse selection ever. either way, your a muppet.

to the op, no but IB is more difficult than other divisions (such as trading) to get into if you don't come from a "good" uni.

I am talking about the guy from million dollar traders.... I have been in contact with him and have also met him... he did retire at 28, went traveling and is now running an the institute of portfolio management.....

Reply 21

alpha2010

No you don't; but you do have to stand out in other fields.

Reply 22

okidokib

Original post by CityTrader

Guys, bear in mind people that get into the top 6, and want to go into IB, don't think you are guarenteed place! people who are truly motivated and show real flaire can also obtain FO jobs I know a person who got a BA economics degree at manchester - no contacts - straight to a FO trader role at goldman sachs then moved to jp morgan to head up thier prop desks, 7 years later and he was retired at the age of 28!

hmmm

is sussex up there?

Original post by ajayhp

is sussex up there?

Sussex is university number 19.

Reply 25

crcr

Original post by CityTrader

i seriously doubt any of that is true. however, you should question why if he is such a BSD he spends his time now scamming people instead of trading. further, my second point still remains, your point has no informational value because its adverse selection. how many went to Manchester, did economics and tried to get into IB but failed?

Reply 26

CityTrader

http://www.linkedin.com/pub/anton-kreil/b/390/994 his profile.......

Reply 27

ilickbatteries

Original post by CityTrader

If I retierd at 28 I dont think I would spend my life doing degrees! lol, I would rather just party and enjoy life...

I guess I just like learning things ha :redface:

Reply 28

CityTrader

Original post by ilickbatteries

I guess I just like learning things ha :redface:

ha! fair enough :-)

Reply 29

ilickbatteries

Original post by ajayhp

what about sussex uni?

I imagine anyone can get into IB if they work hard enough.

However, the chances of actually doing so by going to a university that isn't very highly regarded will be so minute that it's almost hopeless.

Probably about 1 in 10,000, maybe more

Reply 30

McMannBean

No you don't. All you need is a good fabulous suit and when they give you the interview, you will simply shock them with your readiness for the job.

Reply 31

CityTrader

Original post by crcr

Trading, is a serious burn out career, it is very high pressure, high anxiety and is hard graft..... People think it is lavish lifestyle when truly your in the office at 6 and can leave at 10! many people do trading till they hit there 40s ect....so someone pulling out early is no real news......................... you could say how many went to oxbrige tries to get into IB and failed? i bet alot of people.