Wednesday, 22 May 2013

Wall Street Oasis - Investment Banking & Finance Community: My Biggest Career Mistake to Date: Prestige

Wall Street Oasis - Investment Banking & Finance Community
The Wall Street Finance Community where investment bankers, consultants, traders, private equity and hedge fund professionals come to learn and play.
My Biggest Career Mistake to Date: Prestige
May 23rd 2013, 02:30

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Mod note: Best of Bankerella - this was originally posted 10/1/12

I occasionally get PMed by people at colleges I've never heard of before, asking if they have a shot at IBD.

Folks, why IBD? The finance world is broad and varied, and there are a million ways to make a buck. Why pick the one that's going to be hardest for you in your situation? There are mutual fund companies, asset management companies all over the damn place. Hedge funds. Auxiliary businesses. Those folks will look beyond the name of your institution and your GPA in the hunt for quality. Why knock on the door of the one section of the industry that has built a massive recruiting machine designed to keep you out?

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