seasoned banker's blog

Is IB still an option in 40s for newbies?

by seasoned banker (Senior Chimp, 16 Banana Points Points) on 5/27/08 at 2:25pm

Has anyone on this site been in my shoes? I have been a commercial banker for 10 years (business development and workout) after starting career as an accountant and financial analyst, all in financial firms.

I have an MBA in finance, CPA (inactive), and recent Series 7. I have been thinking of getting into M&A and PE business. What would be my chances to be hired at an Associate (or higher?) level in one of the bulge bracket or the larger PE names?

Is one of the modelling training courses a good starter? I have been looking at IBI and The Analyst Exchange. Does anyone have an opinion on the above or have recommendations for others, and why? Have any of these institutions help with placement?