This discussion is closed.
mahras
Badges: 1
Rep:
?
#201
Report 15 years ago
#201
Oh yea! you guys will travel so much that you will be disgusted by it. Trust me when working on 100 hour workweeks I dont think ANY of us would like a plane ride or any business traveling.

I recommend reading "Monkey Business". Really good overview on investment banking and the lifestyle these guys go through to reach the top.
0
JrW
Badges: 12
Rep:
?
#202
Report 15 years ago
#202
(Original post by mahras)
Oh yea! you guys will travel so much that you will be disgusted by it. Trust me when working on 100 hour workweeks I dont think ANY of us would like a plane ride or any business traveling.

I recommend reading "Monkey Business". Really good overview on investment banking and the lifestyle these guys go through to reach the top.
However, glamorous the rewards look in the investment banking industry, I don't think I could put up with the huge hours as an Investment Banker, I would much prefer being a trader in an Investment Bank.
0
mahras
Badges: 1
Rep:
?
#203
Report 15 years ago
#203
Yep trading is good if you are good at it. Good luck to you!
0
Madinina
Badges: 0
Rep:
?
#204
Report 15 years ago
#204
What I would like to have as an ideal job :
be able to travel
something quite stressful but very interesting
something that is constantly moving, were I must think hard, no ready made answers
a lot of risk
good money
and possible be able to build my own company.
Is there anything in IB or something like that that ressembles what I have mentionned above?
0
pengangguran
Badges: 0
#205
Report 15 years ago
#205
(Original post by mahras)

Best UK schools for trading: LSE, Oxbridge, ISMA Centre-University of Reading. Personal picks: LSE and ISMA.
Mahras, can you explain a bit why ISMA? do they have a good course in finance (outside trading) as well? what about Manchester?
0
jOnNy BoRrEll
Badges: 0
Rep:
?
#206
Report 15 years ago
#206
I wouldn't say ISMA for Finance if you were to make it a second choice but not far off. My top for FINANCE would be:

1. LSE
2. City (Cass Business School)
3. Reading (ISMA)
4. Oxbridge (Just for the Name and Rep)
5. Warwick
6. Birmingham
7. Manchester
8. Other London Uni's (Imp, UCL, KCL) Again just for the rep as there is no specialisation in Finance as a subject.
0
You
Badges: 0
Rep:
?
#207
Report 15 years ago
#207
Is it better to buy shares when the market opens/closes?
0
jOnNy BoRrEll
Badges: 0
Rep:
?
#208
Report 15 years ago
#208
Better when it open IMO because the trade goes through at the price you opt in at. (If you buy in at the close the broker will buy at best but it could continue to fall, whilst if you did it at the open you would have a slight clue on which way it is moving.)
0
You
Badges: 0
Rep:
?
#209
Report 15 years ago
#209
Does anyone play bullbearings? Anyways, how come, lets say i buy £100,000 worth of stocks of a company, i immediately lose like £3000 after transaction? Is it because the price has dropped since before the transaction?
0
Noel
Badges: 6
Rep:
?
#210
Report 15 years ago
#210
Hey everyone, I'm really interested in a career in IB and have been for years.
I'm doing my A levels this year, and in the summer holidays would it be possible to get any relevant work with any companies in Manchester? Does any1 know where I could look or any firms I could ring.
Also what book would give me a good insight into what it entales and basic knowledge on the subject?
Thanks.
P.S. Can I join?
0
RayOfHope
Badges: 0
#211
Report 15 years ago
#211
Well I know what I am interested in now!! IM seems brilliant. And I thought IB is risky. If given a choice IM is for me, though IB does not seems bad either.
0
TheWolf
Badges: 2
Rep:
?
#212
Report 15 years ago
#212
(Original post by You)
Does anyone play bullbearings? Anyways, how come, lets say i buy £100,000 worth of stocks of a company, i immediately lose like £3000 after transaction? Is it because the price has dropped since before the transaction?
probably. + stamp duty...etc
0
mahras
Badges: 1
Rep:
?
#213
Report 15 years ago
#213
ISMA centre is one of the best places in the UK for trading. Look at their career placement. Its solid in the undergrad level. I have heard of it even from over here in the US.

Regarding when to buy shares etc:

Depends on what your strategy is. If you are a long term trader (6months and above) small changes really should not concern you. However say you are a technical trader looking to get that .01 cent of a share. As most people here are starting I would suggest holding stocks for at least a quarter (3 months) instead of trading actively. I had quite a bit of loss in the beginning when I just began to arbitrarily trade shares.

As for why you get charged: Its called commissions and everyone has to pay it. And damn straight I hate them . HOwever its part of the business so you have to play by it.

Regarding IB or IM:

Guys believe me the buy side (IM) is harder than the sell side (IB). The IB folks are usually the middle men guys so they have commissions and what not to fall on to. The IM guys actually have to make the decision and have to be responsible for it long afterwards. Its a double edged sword. There is no one way to do it.
0
jOnNy BoRrEll
Badges: 0
Rep:
?
#214
Report 15 years ago
#214
Hey guys could you do me a favour and look at my signature for the offers i have and rank them in order of which would be best to accept for a financial career such as IB or IM.
Cheer Appreciate it.
0
TheWolf
Badges: 2
Rep:
?
#215
Report 15 years ago
#215
I really can't separate them mate.

Reading - ISMA is pretty famous
Loughborough - 1 year in industry is very beneficial in terms of future job prospects, decent business school as well
City - Again, CASS business school is pretty decent

so probs:

1.Reading
2.Loughborough
3.City
4.Birmingham
0
JrW
Badges: 12
Rep:
?
#216
Report 15 years ago
#216
(Original post by jOnNy BoRrEll)
Hey guys could you do me a favour and look at my signature for the offers i have and rank them in order of which would be best to accept for a financial career such as IB or IM.
Cheer Appreciate it.
I'd go for the Reading course if you are sure you want to go into IB/IM
0
mahras
Badges: 1
Rep:
?
#217
Report 15 years ago
#217
Reading ISMA. To me its a no brainer .
0
jOnNy BoRrEll
Badges: 0
Rep:
?
#218
Report 15 years ago
#218
The dilema that i'm is that of the 70+ student that take the 4yr at city uni for the BIF course 92% go into employment in a top city investment bank (based in london - obviously lol)
These include: JP, PwC, Merrill, UBS etc etc.
None of the other unis can match that due to City's location.
0
mahras
Badges: 1
Rep:
?
#219
Report 15 years ago
#219
Reading-ISMA is primarily a traders school. I am not really sure about City but if those numbers are right and you want to go into IB then i think it would be a good choice. Its pretty much up to you.
0
jOnNy BoRrEll
Badges: 0
Rep:
?
#220
Report 15 years ago
#220
Yea i know, at the end of the day it is up to me but the advice im getting from you guys is ace Keep it coming..........PLZ
0
X
new posts
Back
to top
Latest
My Feed

See more of what you like on
The Student Room

You can personalise what you see on TSR. Tell us a little about yourself to get started.

Personalise

If you do not get the A-level grades you want this summer, what is your likely next step?

Take autumn exams (264)
46.56%
Take exams next summer (78)
13.76%
Change uni choice through clearing (121)
21.34%
Apply to uni next year instead (60)
10.58%
I'm not applying to university (44)
7.76%

Watched Threads

View All