Originally Posted by Augustus Medici
Hey all, I'm a new member here so please forgive me. I'm currently just an undergraduate double-majoring in economics and finance. I should graduate by this time next year. Anybody here involved in these fields care to share some advice in regards to how to go about getting a job in an investment bank? I was thinking more along the lines of Goldman Sachs or PIMCO or something like that. Honestly, I just want lots of money
Any help would be much appreciated!
Prior to speaking with any bankers you must do your diligence. Your best bet is to do the following:
1. Assuming you do not have relatives in IB, start with your career planning office. Determine whether recent alumni have entered IB and contact them about their experience as analysts.
2. Take a look at: http://www.wetfeet.com/Content/Caree...20Banking.aspx
. This a career site where you can learn more about IB and has guides as well as message boards.
3. Next read any of the following:
- Monkey Business (very realistic perspective of IB)
- Predator's Ball
- Buffett - The Making of an American Capitalist
- When Genius Failed
- Liar's Poker
- Greed and Glory on Wall Street
- eBoys - Benchmark Capital Partners
- Big Deal
4. Rent "Wall Street" and "Barbarians at the Gate".
This will give you the fundamental background to begin asking intelligent questions of bankers. More importantly, you may realize that IB is very different than what you initially perceived it to be and you may look at other career paths.
Above all else, it's a job (many better, many worse). If you are looking at it for the money, then you are a fool. On a dollar per hour worked basis, the homeless make more.