Discussion in 'Business, Careers & Education' started by jslade, Mar 9, 2012.
I went through TTS training with my incoming class a few years ago. As real world as it gets.
CFA does not help much at career transition. And its not for banking but asset management.
What kind of engineer by the way? It does not make any sense to go into ibanking if you are in software or energy related engineering.
Not sure about banking, but its certainly true for entry level asset management or equity research functions.
Went to school for Civil, but currently in a Mechanical Engineering position.
This is incorrect. For a career switcher or a non-core school graduate to get wedged into n otherwise very structured recruiting process like banking, anything you can do to demonstrate motivation and interest in the job is additive, including taking courses, teaching yourself concepts and skills, doing informational interviews, etc... People will generally not even pay attention if they are not fully convinced that your application is not just a random shot in the dark with no understanding of what a junior banker do, or any real motivation for the job.
it's additive by approximately 0.0002%. Do it, you'll learn a few things, it won't be the deciding factor between make or break, but you don't have much to lose.
Ever considered doing quant work? Just some ideas.
No really it isn't. When doing off-campus recruiting (and I've done a lot over the years), one of the top question is whether this guy actually knows what he's applying for. I'm not saying he needs to pay $xxxx to get that under his belt but all these things that prove his interest for the job are very important for non-targets.
you're going to need a lot more than showing your interest to break into ib if you're from a non target
I know this first-hand.
what's your story?
Ick, not really interested, though I should probably be looking into it to take what I can get.
When I switched from law to banking, it was pretty helpful to have demonstrated interest through taking modeling courses. And when we interviewed analysts after I made the switch, I found that the other bankers also noted it as a distinct plus.
What percent of college students have you found can't coherently explain the difference between banking and consulting? Seemed like half the candidates I ever interviewed couldn't say. They'd usually fall back on some BS explanation about "really adding value."
So mafoofan, since there are quite a few different courses out there (BIWS, IBI, Wall Street Training, etc.) and since you have interviewed analysts and presumably been on hiring committees for this position, which do you think is the most beneficial, both in terms of brand as well as specific courses offered?
Also, networking question: If I know a company's email format, would it be unethical/weird to start cold emailing people at the company? For example, say I know the format is [email protected]. Is it wrong or weird to utilize this to cold email? I have so few contacts and I think this could really help widen my contact base but I'm worried people would be like "WTF did you get my email from you stalker?"
Inmessage from a Linkedin premium acct would be a better way to go.
Separate names with a comma.