“Do your homework” is one of the best pieces of advice anyone can give to a candidate appearing for an investment banking (IB) interview. If you follow the advice, you will have the confidence and the knowledge to face the interviewer confidently. You can tackle the interviewer’s questions, which can be broadly classified as qualitative … Read more
Creating a resume for an investment banking (IB) job without any experience can be a daunting task. But you don’t need to fret too much: you can ‘bankify‘ your resume so that it sounds interesting to recruiters, despite not having seen the inside of a bank. How do you recreate your resume so that I-Banking … Read more
For those looking for a foot in the door in the competitive investment banking industry, New York seems to be the first choice considering that it has been the epicenter of financial activity with the most sought-after jobs on Wall Street. It also houses some of the largest investment banks in the world. Though New … Read more
Among go-getting graduates who strike gold before their silver birthdays, the most successful are probably investment bankers. Many of them make six-figure salaries as early as 22 years in their first year of employment after school.
“More is never enough.” This life philosophy of real-life billionaire stockbroker, Jordan Belfort, the protagonist of Martin Scorsese’s film “The Wolf of Wall Street,” played by Leonardo DiCaprio, seems to inspire at least some young people who aspire for a career in investment banking. Some go far enough to realize their professional goals and lifestyle … Read more
Bulge-bracket investment banks are global investment banks with customers such as governments, large corporations, and institutions. They provide services such as equity research, sales and trading, asset management, advisory assistance and underwriting. Bulge-bracket banks offer innovative financial products, ranging from equities and commodities derivatives to credit, mortgage, and insurance packages, crafted from their sustained research … Read more
Many MBA graduates would part with their last dime to become successful hedge fund managers. The “Benjamins” are, of course, the obvious main attraction. And we aren’t talking about any “handsome salaries” or “decent commissions” but really big bucks. The annual earnings of the top hedge fund managers easily cross $1 billion each: think of … Read more
Fresh graduates often wonder whether investment banking (Careers in Investment Banking) or management consulting is a better career choice. Most of them already know the first thing about these two career paths: excellent salaries. Some of them also know that work-life balance is a difficult act in both. Here we go a little beyond popular … Read more
What is it about Wall Street that turns well-educated men into a$$holes? It’s no secret that the world of high finance is one of the most offensive working environments for women. As for women on Wall Street, well, some say you have to be almost masochistic to choose a career where sexual harassment comes with … Read more
If you are wondering how to become an investment banker in India or abroad, your friends probably told you that it helps to get an MBA from one of the best MBA colleges (Investment Banking from a non-target school) in the world that open the doors to investment banking jobs (Also read How to get … Read more
Which of these statements would you love to hear yourself say? 1. “I’m a strategy consultant with McKinsey” 2. “I’m an investment banker in Morgan Stanley” 3. “I am attending a top MBA program” What if you were able to say all of these at some point in your career? That’d be pretty cool, right? … Read more
Many MBA universities and colleges play up the post MBA salaries of their outgoing batch. It’s one of the parameters that gains enormous importance in global MBA rankings as well. But what does it really mean to MBA applicants who are considering whether to join these business schools? Averages are like…oh well, don’t worry, we … Read more