Hi Monkeys (haha)
So, I am a senior at High School, and have some questions for you.
I have been offered a fulltime job at KPMG and PwC right out of high school, where I will be a trainee. It is 30-40 hours a week, and I will required to read part time at the University 2 afternoons a week (about 14 hours). This way, my University degree will take 4 years to obtain, where it normally takes 3 years (I'm in Denmark). The pay for the first three years will be:
1st: $37000
2nd: $43000
3rd: $51000
4th: $59000
I do not know if I should take the offer? The Danish tax is at 50%, and I really want to go into Investment Banking. I was thinking of doing the first year, or 2, and then go into fulltime University? (University in Denmark are free if you are a citizen). The job could help my resume? Or should I ditch the offer, and be a fulltime student? I plan to major in Finance or Economics. If I take the job, I will have to attent University of Southern Denmark (non-target in Denmark), but if I'm a fulltime student, I will attent Copenhagen Business School or University of Denmark (both target in Denmark).
So, what are your suggestions, what should I do, and what would help me get a job in investment banking (might be in London, Wall Street would be tough without a greencard)?
Ditch the offer, enjoy college life.
You're saying you wanna become an Investment Banker, will that still be the same in 2-3years time? Take some time to look around you, discover the world. I'm sick of these kids saying they wanna become bankers if they haven't even had a decent finance course before.
Going to a target full-time, getting good grades, becoming involved on campus, and pursuing internships in more relevant departments at other firms/banks are the keys to success. Stick to the formula.
Just my $0.02
Thanks, will take that into my considerations :)
Big4 experience before even college??? In the US, you would be well ahead of the competition. Big4 -> college -> pretty much anything you want.
Your system must really be different than ours.....
Big4 in Europe tends to vary a lot by country. I have already gotten FT-offers from Big4, the MD saying that I don't even have to graduate (target uni in my country, non-target for Europe) to be able to work there. And we're supposed to be one of their larger markets...
I know, I would look perfect on my resume, specially if I'm going to London, where it is not normal, or if I manage to come to the US! Yeah, very different, college is free and so on, wherefore there is a lack in people applying for these financial jobs. There simply aren't enough people to fill the jobs..
I'll have to disagree with UFOinsider. I think in the European banking market, you'll be more attractive with a degree from a target school and some solid corporate finance internship experience. From what I've seen, former accountants are not well respected at least among IBD folks.
So the way I see it: a) you don't need the extra money, go to CBS for undergrad (if you really get in), evaluate whether you want to trade up to an even more target school for a MSc degree and you're set up quite well b) you need some cash to get off the ground, take that job but then move to a target school c) you really need the money, take the job and the on-the-job degree, then try your best to still make it to banking
But that's obviously just my view of things...
Autem aut ut magni provident aut. Et a nisi hic voluptatibus non necessitatibus. Suscipit quia et iusto eum amet voluptas adipisci. Ratione et quasi aut possimus praesentium voluptatem. Necessitatibus est iure autem nulla voluptate ut nostrum.
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...