Yeah that makes a fair bit of sense! A large proportion of deals in IBD are made so they are in a clients options when it comes to deals that will actually make the bank a good return. Trading in banks consistently makes profit.

Well, not really no. There's just far more volume flowing through the S&T side.. Some desks deal with billions of dollars worth of transactions a day. Whereas an M&A/Financing deal would take months to pitch, negotiate, structure and finally close.

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Reply 43

gr8wizard10

21

Original post by CraigBackner

whats investment banking like?

like a stressed induced coma, but we don't quit because no other job offers free dinners past 8

Reply 44

Akhil1999.gs

12

Original post by Princepieman

Well, not really no. There's just far more volume flowing through the S&T side.. Some desks deal with billions of dollars worth of transactions a day. Whereas an M&A/Financing deal would take months to pitch, negotiate, structure and finally close.

Yeah! i guess GS made 85% profit just from S&T last year.

Reply 45

Akhil1999.gs

12

Original post by gr8wizard10

like a stressed induced coma, but we don't quit because no other job offers free dinners past 8

and free uber rides back home after 8

Reply 46

Akhil1999.gs

12

Any international students here?

Reply 47

indian007

6

Hey guys! I have offers from UCL for the course 'BSc in info management for business' and Bocconi for 'Bachelor in international economics and finance' Which course would you guys prefer for getting in the likes of McKinsey/Bain/Boston/and top bank etc. in London?

Thanks a lot for your suggestion!

Reply 48

Akhil1999.gs

12

Original post by indian007

Hey guys! I have offers from UCL for the course 'BSc in info management for business' and Bocconi for 'Bachelor in international economics and finance' Which course would you guys prefer for getting in the likes of McKinsey/Bain/Boston/and top bank etc. in London?

Thanks a lot for your suggestion!

From your username I could suggest you to attend UCL because banks target (mostly) the Italian native speakers from bocconi and UCL due to its location and of course a target uni will help you to an extent to get in.

Consulting recruitment is mainly focused on Oxbridge students and they take fair amount of people from LSE,UCL,Bristol,Durham,Warwick and other reputed unis. Just do some LinkedIn stalking and then take a decision

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Reply 49

Noble.

17

Original post by Akhil1999.gs

Yeah! i guess GS made 85% profit just from S&T last year.

As a proportion of total revenues, GS makes way more from M&A than other banks. 10-years ago GS were leading in S&T, but they've been having a rough time for the last few years.

Reply 50

Akhil1999.gs

12

Original post by Noble.

As a proportion of total revenues, GS makes way more from M&A than other banks. 10-years ago GS were leading in S&T, but they've been having a rough time for the last few years.

Pre Crisis was the time to be in the IBs!

Reply 51

Noble.

17

Original post by Akhil1999.gs

Pre Crisis was the time to be in the IBs!

Prop firms are the place to be now :wink:

Reply 52

Akhil1999.gs

12

Original post by Noble.

Prop firms are the place to be now :wink:

I know right :wink:

Reply 53

Akhil1999.gs

12

Guys I got a doubt. Can i apply for this spring intake if my course is like 4 years inc a placement year? Will my app be rejected

Reply 54

Legend15

11

Original post by Akhil1999.gs

Guys I got a doubt. Can i apply for this spring intake if my course is like 4 years inc a placement year? Will my app be rejected

Apply for spring weeks this year. Eligibility for a placement year might be based on first year grades and you might even change ur mind. If I was u I'd just change my graduation date to 2020. And if, one year from now, you're still set on doing a placement apply again for spring weeks.

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Reply 55

Akhil1999.gs

12

Original post by Legend15

Apply for spring weeks this year. Eligibility for a placement year might be based on first year grades and you might even change ur mind. If I was u I'd just change my graduation date to 2020. And if, one year from now, you're still set on doing a placement apply again for spring weeks.

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I guess I can apply for both spring weeks and summer internship on the second year