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    (Original post by Cluster1)
    Considering a degree in Acturial Science and risk management at Queens Belfast, I understand queens is a non-target but it is one of the few unis that offer this course, if I had a change of heart and wanted to do ib instead of actuary would it be possible?


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    do actuarial science at a target uni like lse then
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    (Original post by GradeA*UnderA)
    Didn't seem like that in the statistics :/
    Btw I thought you were a med applicant/student? Why do you become interested in banking? Just curious
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    (Original post by Ladbants)
    Btw I thought you were a med applicant/student? Why do you become interested in banking? Just curious
    Medicine is competitive asf; right now, I have two interviews and one rejection. If all goes south, IB is my backup.
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    (Original post by GradeA*UnderA)
    Medicine is competitive asf; right now, I have two interviews and one rejection. If all goes south, IB is my backup.
    LOL


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    (Original post by Princepieman)
    LOL


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    I didn't mean it as offensive
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    I never realised how competitive ib was I always thought it'd be easy to get into cos of the *****y hours and almost always having to move to london lol


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    (Original post by GradeA*UnderA)
    Medicine is competitive asf; right now, I have two interviews and one rejection. If all goes south, IB is my backup.
    Yeah I understand, my friend is looking at three rejections so far, he's got a back up at Warwick doing biomed so he's thinking of going into IB if medicine doesn't work out. But I wouldn't give up on your dreams- you can always apply again next year.
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    (Original post by Cluster1)
    I never realised how competitive ib was I always thought it'd be easy to get into cos of the *****y hours and almost always having to move to london lol


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    It is actually very competitive, you would think that not many people would want to slave away 100 hours a week at a computer screen for mcdonalds pay (as did i at first) but turns out there are actually thousands of people desperate for this job and the opportunities it offers.
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    (Original post by GradeA*UnderA)
    Medicine is competitive asf; right now, I have two interviews and one rejection. If all goes south, IB is my backup.
    (Original post by Princepieman)
    LOL


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    My mate actually got rejected from medicine, got into Warwick chemistry or something and learnt a bit about banking in the holidays and now he's got an SW for FO from MS
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    (Original post by Ladbants)
    It is actually very competitive, you would think that not many people would want to slave away 100 hours a week at a computer screen for mcdonalds pay (as did i at first) but turns out there are actually thousands of people desperate for this job and the opportunities it offers.
    What opportunities would they be, what stage of your ib career are you currently at may I ask?


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    (Original post by biglad2k16)
    My mate actually got rejected from medicine, got into Warwick chemistry or something and learnt a bit about banking in the holidays and now he's got an SW for FO from MS
    still wouldn't quite call it a backup

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    (Original post by Cluster1)
    What opportunities would they be, what stage of your ib career are you currently at may I ask?


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    Private equity, after two or three years in the analyst stage is the most sought after. It involves investing in private companies, making organisational changes and selling them on for a Epcot years down the line.However, PE is very competitive to get into, even more so than banking, but the work is more interesting and pay at the senior levels can reach seven figures, even eight figures if you make it to a really high position.

    After two years of banking, you can try your luck at getting into a private equity fund or a hedge fund, and if you don't make the cut you still have other options. You can either stay in banking or you can go into corporate development, financial analysis and planning, consulting, equity research, MBA from top business schools etc...
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    (Original post by Ladbants)
    Private equity, after two or three years in the analyst stage is the most sought after. It involves investing in private companies, making organisational changes and selling them on for a Epcot years down the line.However, PE is very competitive to get into, even more so than banking, but the work is more interesting and pay at the senior levels can reach seven figures, even eight figures if you make it to a really high position.

    After two years of banking, you can try your luck at getting into a private equity fund or a hedge fund, and if you don't make the cut you still have other options. You can either stay in banking or you can go into corporate development, financial analysis and planning, consulting, equity research, MBA from top business schools etc...
    Are those careers less sell your soulish than ib😂😂


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    (Original post by Cluster1)
    Are those careers less sell your soulish than ib😂😂


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    depends on the culture of the firm (if we're speaking about buyside), megafunds tend to be banking 2.0 all over again. mid market funds differ.

    all the corporate careers are a trade of financial upside for a better work/life balance

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    (Original post by Cluster1)
    Are those careers less sell your soulish than ib😂😂


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    I don't understand what you mean. The hours at private equity firms are roughly the same as banks, but the work is usually considered more interesting since you're involved in investing instead of just advising companies. Private equity attracts the same type of people that banking does- after all, most people in private equity are top analysts from banking, so they'll be the best of the best.

    If you want a normal career where you can go to work and then come home and spend lots of quality time with your family, high finance isn't a good career to go into. People go into it for the money and tend to devote their lives to their jobs.
 
 
 
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