Career Options - Veteran feedback or commentary?
I'd like to hear some veteran feedback/commentary on my options:
Credit Suisse Private Banking Analyst
BNP Paribas Fixed Income Sales or Lev. Fin. analyst
American Express Finance Analyst
If anyone can throw out pro's & con's / opinions I would really appreciate it. Thanks.
Well, BNP Paribas is the only I-banking/S&T offer that you seem to have, and even though it's not as strong here as it is in Europe, I would still take it over the other two. Though, of course it depends on what you want to do later on in your life.
The best thing to do early on is to give yourself many options later on.
Private Banking doesnt give you many options since its heavily focused on sales/marketing and some portfolio management as in selecting mutual funds and possibly some alternates (hedge funds). It would be hard to jump to a PE/VC or banking later on from this.
I am not too sure about your role with American Express.
AS for fixed income sales, you would not gain the analytical experience that may help you later on if you decide to switch into something else.
Leverage finance would give you the broadest exposure and skill set. Many private bankers used to be investment bankers before but its hard to find vice-versa.
Agree with comments above.
Also important to find out what kind of role you'd enjoy most since they're all good options.
To add something on AmEx: Would I be right in assuming this is the management development programme? If so it's supposed to be one of the best corporate options after uni... On this board we're obviously biased towards banking, but AmEx would give loads of options outside of banking though and access to good MBAs (and maybe banking later?)
Is it Amex Strategic Planning Group ? If so this is a very good option.
hey everybody thank you for the great info. so far.
To respond, the AmEx position is an analyst position within the finance department of American Express Int'l & Global Corporate Services.
I am def. shooting for the Lev. Finance position but am already a year out of school and late in the game...just networked to get this far...
BNP Lev Fin hands-down.
That particular AmEx position isn't very competitive or selective (I know; I talked to them too and they just wanted me to show up to get the job; seemed like more of a more-warm-bodies approach). The Credit Suisse Private Banking role is reasonably prestigious, I suppose, but it isn't easy to make the analyst/associate leap there and you'll never be anything more than a salesman in a pretty suit.
BNP Lev Fin, on the other hand, brings a lot of heat within the certain sectors it dominates. There are exit opps a-plenty.
Private banking is a worthless profession.
mis ind, what about the BNP fixed income?
also, excuse my ignorance, but what makes private banking worthless?
Maxime dolor tempora officiis qui et labore. Rerum enim quis aperiam quae sapiente. Ratione maxime sunt vitae et aut nihil quibusdam. Ea tempora inventore ratione aut rem ex. Est placeat repellendus repellat laboriosam perferendis non dolorem. A ipsam voluptatem blanditiis qui unde qui.
Aut aut quia aspernatur doloribus suscipit. Molestiae aspernatur dicta iste sunt enim dolores. Nisi tempora quae culpa perferendis veritatis omnis. Cumque dolor qui sit voluptas qui.
Beatae mollitia enim magni suscipit minus molestiae sit. Laboriosam quis vel nihil ab eveniet vitae. Ratione consequatur quis quia facere ut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...