IBD = Investment Banking Division
This may be a bit petty, but it's been grinding my gears for a while. Kids - The acronym "IBD" stands for "Investment Banking Division". As in - the division of a bank that performs investment banking activities. This includes things like M&A, capital raising, restructuring, etc. You can find this definition in the WSO FAQ.
Thus the sentence "I'm interviewing for a job in the IBD at JPM" is just fine and makes sense.
Similarly, the statement "I want a career in IBD" is wrong and makes you sound like a retard - say it out loud. The phrase you are searching for is "investment banking". As in - "I want a career in investment banking (IB)". Get your terminology right, because when you write sentences like "What makes IBD (read - investment banking division) a 100hr/week job?" you sound like a high school kid throwing out acronyms to sound cool.





Banana.
Banana.
LOL
LOL
There's some serious
There's some serious inflation going on in our little WSO banana economy...
(Yes, I recognize the inherent hypocrisy in this comment.)
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Herro. Whats next things you
Herro. Whats next things you tell will me? you demand the subject and verb agreements?
Thank you. I felt like I was
Thank you. I felt like I was taking crazy pills.
Totally agree. You know what
Totally agree. You know what else grinds my gears? When people don't refer to The Goldman Sachs Group, Inc. and instead use acronyms like GS - they just sound like a bunch of wannabes throwing out acronyms to be cool.
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ideating wrote: Totally
Totally agree. You know what else grinds my gears? When people don't refer to The Goldman Sachs Group, Inc. and instead use acronyms like GS - they just sound like a bunch of wannabes throwing out acronyms to be cool.
sounds like you need therapy or work at gs lowercase what now ho
Balbasur, youre a clown.
Balbasur, youre a clown. Ideating is making fun of the OP as the original post was retarded. Who fckin cares if people say IB or IBD.
Dude, relax. IBD is obvious
Dude, relax. IBD is obvious shorthand for investment banking in general, not just the investment banking division of a broker/dealer.
Actually, I prefer that
Actually, I prefer that posters be as specific as possible. even by the strictest definition, IB ("investment banking") could refer to a variety of groups in ECM and DCM.
CaptK (OP), do you actually work in banking? If you worked at a BB, people would say "yeah he's in IBD." It's shorthand for a specific division.
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LOL@ CaptK. Well isn't that
LOL@ CaptK. Well isn't that the point of a college kid joining WSO? To learn the "lingo", the good the bad and the ugly and then decide whether or not they want a career in IBD :)
junkbondswap wrote: Balbasur,
Balbasur, youre a clown. Ideating is making fun of the OP as the original post was retarded. Who fckin cares if people say IB or IBD.
sorry i shouldn't lower case GS god might smight with lightning form making fun of his apostles :(
prospie wrote: Actually, I
Actually, I prefer that posters be as specific as possible. even by the strictest definition, IB ("investment banking") could refer to a variety of groups in ECM and DCM.
CaptK (OP), do you actually work in banking? If you worked at a BB, people would say "yeah he's in IBD." It's shorthand for a specific division.
Yeah prospie, I did for two years before I moved to the buy side, that's what that star next to my name means. It seems you're agreeing with me, but I can't tell - IBD refers to the specific division in the bank, whereas IB refers to the field in general.
- Capt K -
"Prestige is like a powerful magnet that warps even your beliefs about what you enjoy. If you want to make ambitious people waste their time on errands, bait the hook with prestige." - Paul Graham
CaptK wrote: prospie
Actually, I prefer that posters be as specific as possible. even by the strictest definition, IB ("investment banking") could refer to a variety of groups in ECM and DCM.
CaptK (OP), do you actually work in banking? If you worked at a BB, people would say "yeah he's in IBD." It's shorthand for a specific division.
Yeah prospie, I did for two years before I moved to the buy side, that's what that star next to my name means. It seems you're agreeing with me, but I can't tell - IBD refers to the specific division in the bank, whereas IB refers to the field in general.
The aggregate amount of time/energy you spend reading the extra "D" when it is supposed to just be "IB" is (in my estimation) nowhere near the amount of time/energy you spent creating this thread and arguing your position.
In addition, this isn't a formal forum where everyone needs to write everything perfectly correct. I don't think its 'specific as possible' to call an MD a 'baller' or a 'rainmaker' (you would never call them this to their face) but for the purposes of this forum its all fine.
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LIBOR wrote: In addition,
In addition, this isn't a formal forum where everyone needs to write everything perfectly correct. I don't think its 'specific as possible' to call an MD a 'baller' or a 'rainmaker' (you would never call them this to their face) but for the purposes of this forum its all fine.
No shit, you call them a balla' and a rainmaka'
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what a ridiculous post
To 99% of the world,
LIBOR wrote: CaptK
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Ridiculous thread....who
IBD also often refers to
^....NO. @OP: To quote
Can someone tell me what IBK
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it actually bugs me more when
for a site intended to be
-
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