I am really new here and ths is my first thread. i have got my offers for studing L100 at uni, they are Loughbourgh (AAC), Newcastle (AAC), Leicester (300 points) and essex (300 points). since reading everyone elses threads i have become really worried that these uni's are not good enough. I would love to become an investment banker, but i dont know whether these uni's will be targeted. in your honest opinions do you think i will be targeted and become an investment banker if i go to one of the above?, also i am thinking about having loughbourgh as my firm and leicester as my insurance, do you think this is the right decision in terms of employment?, thanks for reading this i really would appriciate your thoughts.
Well, i don't know... i mean you won't be in the best positions, it's gonna be harder for you... but there are people who work their way up... (i.e. some dude in the Apprentice started off as a shop floor worker or something...)
why does everybody want to be investment banker?
i heard some people who work in the city don't even have degrees. You may want to apply next year if u think u could do better.
I'm an economics student at loughborough, and I admit that it does not compare to the likes of Oxford, Cambridge, UCL, LSE et al in terms of a target institution for IBs, but it is recognised as a growing modern institution with a lot af talent.
The teaching is excellent, and all of the Professors who lecture us have good links with industry. My professor of money and banking still works for the IMF, World Bank, FSA, FSCS, is an advisor to the South African treasury, and also sits with the EU commission in Brussels on regular occassions.
The most prolific IBs dont target here, but in the Spring Career fair next week there are many financial institutions attending, including the Big 4, Accenture, JP Morgan, HSBC CIBM, RBS, Deutsche Bank, Schroders, Bloomberg, UBS and a couple of VCTs and Hedge Funds that have links with the Money & Banking Professors.
In my time here I have also met people from Credit Suisse, DrKW, the FSA, Goldman Sachs, Citigroup, RBC Capital Markets and several others.
Many of my peers taking placements next year have secured jobs with IBs. Two of my friends are joing GS next year, and i know of several others going to ML, RBS and UBS
In my limited experience, having a degree from a target institution makes it easier for you to get your foot in the door, but if you are a hard working and ambitious person it should be easy for you to make up the ground. From then on its up to the individual, no matter what institution they are from.