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Investment bankingBack to Career Advice forum
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Member
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 14:17 04-10-2007
Hi all,
I m new in this forum and i really need your advice. To be honest, i am asking for my boufriend.
He took an MSc in City with distinction. He finished a year ago.Now he is working as a buyer in a food company. The problem is that he just realised that the perfect job for him is to work to investment banking.But he have has that its difficult to start a career in banking if you ve started your career somewhere else and that they only choose candidates staight after they graduating.Is that true? He is considering taking the CFA. Will this help him? Would you say that is too late anymore?
Thanks in advance |
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Member
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10:13 27-12-2007
There are different routes into investment banking.
The graduate scheme is the common way. But you'll find many people in the industry that started there careers doing something else, e.g. former accountants, lawyers, doctors, engineers etc.
The key in getting into Investment Banking is good academic credentials and good work experience, whether that be at another bank or working for a food company.
Would advice your boyfriend to apply to banks. If he graduated recently he might be better going for the graduate scheme (speak to HR about that, just call them up). Otherwise he could try as a lateral hire. It also depends whether he did a business related degree or not. If one did a Arts degree and was a teacher and now wanted to do investment banking, they would have to 'prove' their interest and commitment by doing a MSc or MBA in business/finance and then applying for a job (at least then you'd come in at the associate level).
Just contact the banks and ask. He should definetely go for it if he wants to. He may have to wait till September for the graduate scheme, hiring is pretty much done for the year but he definetely go for it. |
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Member
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10:57 06-06-2008
My sister does investment banking and after college she went into customer relations but did not have problems moving to investment banking. After she decided she did not like her job she went into a graduate program for investment banking. I would say if your boyfriend has time to do that before then that would be the best route. It is not a problem to change courses in life! Maybe an internship at a bank while he is doing his graduate course would look good. :)
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Member
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18:57 22-08-2008
try their internship, it seems quite good as a stepping stone
www.bankingbootcamp.com |
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