http://www.payscale.com/research/IN/Job=Associate_-_Investment_Banking/…
Just came across this link which says "A skill in Java/J2EE is associated with high pay for this job". Is the coding skill preferred because of modeling/VBA? I'm a new bee in IB
| +172 | The "Not So Obvious" things that get you a return offer? | 20 | 9h | |
| +105 | Is my life over after not getting GS? | 26 | 1h | |
| +68 | Best IB group on the Street | 30 | 34m | |
| +56 | BIG FOUR ARE PARADISE | 15 | 10h | |
| +49 | Thoughts and tips on how to speak like an investment banker. | 25 | 11h | |
| +48 | Tell me one good reason why Jefferies isn’t going to be a top bank in the next 5 years | 23 | 3h | |
| +36 | UBS Outlook | 28 | 1d | |
| +34 | How to deal with egotistical team? | 6 | 3d | |
| +33 | Highest Paid Bankers in Toronto? | 51 | 9h | |
| +26 | Got RBC offer but I have cold feet accepting. | 33 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Computer Programming and Application beneficial to IB/PE/VC (Originally Posted: 08/12/2011)
What program's and Computer Applications are necessary or beneficial for a career in IB/PE/VC? To what level? And how long does it take to learn them?
You will need a hardcore programming language like Excel, which runs very close to the metal. Also, it's good to have some knowledge of assembly languages like PowerPoint and Word, because you will be assembling a lot of documents. You should also be aware of object oriented programming, as you will often be manipulating objects in PP and Word, and you want to make sure they are lining up properly.
Good luck.
Excel, Word, Power Point that I know properly. What about C/C++,Java, Matlab, linux?
Excel. Supreme being/fifth element level.
Programming not useful for IB/VC/PE and is more beneficial for trading and quant based roles.
I smiled :)
Thanks.
The subtle bits will be wasted on these troglodytes.
Don't need any of that. You will do 0 programming. No linux either, you're not going to be writing/compiling code, and you will not be a network administrator. Know Excel and the rest of MS Office suite.
That is great. I know excel and word and would learn more in college. Thanx.
you MIGHT use some vba at some point but it shouldn't amount to anymore than copy and pasting cells or something like that
But if it is just copy- pasting, than I will learn on the job!!
op are u a woman
No why?
Computer Programming in IBD/ AM (Originally Posted: 01/14/2010)
Do you think someone who's never ever been exposed to computer programming can be successful as SA in AM or IBD??
It seems like it's a big must today.
Are you kidding? Most of the people in my S&T class didn't even know how to program. In IBD or AM, the most you'll need to use is VBA, which is very easy to learn. Most people can pick it up on the job without any prior exposure.
Programming in Banking (Originally Posted: 08/04/2010)
How useful is knowledge of C/C++/Java/C# in banking? Does anyone actually use these tools, and besides back office and quant roles, where else would these languages be used in?
Thanks
I saw a M&A arbitrage and long/short strategy jobs which required programming skills. everything is becoming automated, not particularly banking but if you want to go into a hedge fund after 2yrs, you just might need it. Plus, its always a good skill to have, because you could market yourself to many other strategies.
On the trading side, it's not going to be about C++/Java in five-ten years. It's going to be about fast execution and broad data-handling capabilities. And that ultimately boils down more to a detailed knowledge of algorithms, numerical methods, machine learning, and data structures. We're already doing a lot of that in equities.
Learn one imperative language, but then focus on the 300-400 level theory and algorithms classes. These classes would be best taken at a strong engineering school like MIT, Berkeley, or Stonybrook.
If you want to be a trader in ten years, get a CS or CE degree and dabble in finance/math, rather than the other way around.
Does anyone use SQL in any aspect of front office banking?
Repellat pariatur et ipsam omnis. Quam aspernatur eaque distinctio reprehenderit est iusto odit. Quia dignissimos quia praesentium est autem nulla. Nostrum molestiae alias recusandae fugit aperiam iure.
Iste perferendis eos est dicta deleniti autem itaque. Itaque necessitatibus accusamus delectus asperiores voluptatem reprehenderit consequatur. Aut facilis vel qui placeat omnis omnis. Nostrum ea consequatur suscipit voluptates inventore earum nam sapiente. Doloremque eius et aliquam dolorem aut sint sit. Eos aut est iure rem fugit quam.
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...