Career advice - what are my chances to work in IB
Hi, this is my first post in this forum.
I wanted to know what are my chances of working in IB and what would be your recommendations in order for me to achieve that.
First, some info about myself. I am currently finishing my 3rd year of university in Canada I am studying Finance. I have had 2 "work terms" or "paid internships" with at the same bank (one of the biggest in the country). current cGPA: 3.8/4.0. I will start another work term this fall in audit.
1st work term was in a small team that worked with IB industry teams in several projects related only to a different geographic regions, thus they required someone that could speak certain language. In terms of skills I managed to master PPT and research but not so much excel due to the fact that we had dedicated teams that handle the models. I was on the other able to meet with clients, as I assisted the associated and executive director to their meetings and gathering with clients.
2nd work term was in the same bank but in the Compliance team, I handle various liens of business (Corporate cash mgmt, corporate banking, Equity & debt capital markets). I learn a lot about the bank's lines of business but didn't do anything related to valuations.
I am about to start my 3rd work term at a different bank (this one is bigger than the previous one) but the role is in audit and it has to do more about international banking operations.
Normally, the 3rd work-term is where you really try to land a full time offer. So I know that I will not get an IB job directly out of university but I wanted to know what are the exit opportunities for someone that (hopefully) gets FT offer in audit for a bank. Also as the tittle says is there anyway for me to do the transition to IB.
I have read some posts that said that doing an MBA is an option for many that have unrelated experience (I don't know if I fall into this category) and I am willing to do an MBA.
Lastly, could you provide any insight about other opportunities that audit might lead up to.
Regards and thank you for your advice,
Ed.
