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  • Investment Banking

    Anyone here investment banking and willing to admit it? (If you say KH I'll slap you).
    I am graduating this year and would like to talk about the industry in the US.
    urgh.NSFW

  • #2
    Originally posted by Az View Post
    Anyone here investment banking and willing to admit it? (If you say KH I'll slap you).
    I am graduating this year and would like to talk about the industry in the US.
    Not in US. But been around. Ask away.
    Originally posted by Serb:Please, remind me, how exactly and when exactly, Russia bullied its neighbors?
    Originally posted by Ted Striker:Go Serb !
    Originally posted by Pekka:If it was possible to capture the essentials of Sepultura in a dildo, I'd attach it to a bicycle and ride it up your azzes.

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    • #3
      Background? How old are you, what experience + education do you have?
      12-17-10 Mohamed Bouazizi NEVER FORGET
      Stadtluft Macht Frei
      Killing it is the new killing it
      Ultima Ratio Regum

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      • #4
        KH: 29. B.Sc. in Chemistry from Israel's top ungrad in the field, military service as technology analyst, got a business master's (finance and marketing) in Israel, worked in corporate sales in the industrials/energy space for 3-4 years, graduating this May from Yale, in a one-year program.

        Saras: Sure, can you tell me a bit about your experience, and in which area did you work? I have several guys in my class who were analysts and associates in boutiques in Europe and they don't really want to come back. Why is that?
        Last edited by Az; November 5, 2014, 01:02.
        urgh.NSFW

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        • #5
          Az: OK, you're not too old but you are def on the high side for somebody coming in as a post-MBA. Associates are worked a little less furiously than analysts, but you're still grist for the mill. My bet would be for you to get into a top boutique which is strong in the chemicals/industrials/petro biz. Less good would be a bulge bracket which will treat you as another cog.

          Have you considered PE or a l/s fund? Come to the buy side....
          12-17-10 Mohamed Bouazizi NEVER FORGET
          Stadtluft Macht Frei
          Killing it is the new killing it
          Ultima Ratio Regum

          Comment


          • #6
            KH: PE is certainly an exciting industry. However I am not sure as to my possibilities to recruit directly to PE without working for a bank or a consultancy on the operations side. L/S, and HF in general are very interesting but many of the same things apply. Top boutiques in oriented fields are my natural tendency as well, but I have heard they are populated by Texans that really like other Texans. I wonder where do I start networking.

            Re: workload - I'd rather be in the office until AM than sleep in a hotel a-la corporate sales or consulting. I know it's a grinder.
            urgh.NSFW

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            • #7
              Originally posted by Az View Post
              Saras: Sure, can you tell me a bit about your experience, and in which area did you work? I have several guys in my class who were analysts and associates in boutiques in Europe and they don't really want to come back. Why is that?
              Well it's not very relevant to you - been in an emerging country with feeble capital markets and businesses initially run mostly by former communists. I worked in equity research in an inv.banking subsidiary of a major commercial bank in Vilnius. Did that until I was 21 and then jumped over to M&A. Then the bank got hammered when Russia defaulted in 1998, got taken over by a rival and we did an MBO on December 24, 1999

              I thought I'd be finally rich by now, but it will take a bit more time I think

              I think work at European boutiques is similar to that of the US ones. Swedish inv.banks, for example, work their analysts/associates almost just as hard as the yank banks in London, btw. In London, non-yank inv.banks MAY BE a bit less Navy Seal Hell Week-type environments, but close.
              Originally posted by Serb:Please, remind me, how exactly and when exactly, Russia bullied its neighbors?
              Originally posted by Ted Striker:Go Serb !
              Originally posted by Pekka:If it was possible to capture the essentials of Sepultura in a dildo, I'd attach it to a bicycle and ride it up your azzes.

              Comment


              • #8
                One thing I am glad about and sets me apart of the rest is the fact that I don't think about these things as a "get rich quick" scheme. It can be an incredible career, or a stepping stone to other things ( Funds ). I love working hard, I have worked hard my whole life, working till night does not scare me - I am actually looking forward to a lifestyle that involves less travel, and thus automatically more time at home. I am not near my breaking point.
                urgh.NSFW

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