PB Private Banking Analyst Exit Opps
IB
(Senior Monkey, 66
Points)
on 10/24/09 at 10:23pm
Does anybody have experience or knowledge of exit opportunities after Private Banking at a top BB analyst program??





Also interested...
bump
Stay in wealth management
You can definitely make a career in wealth management if you start as an analyst. And, if you're good enough, you won't even need an MBA. The hours as an analyst are good (60-80) and pay, although not as good as IB or PE, is also higher than 95% of jobs out there.
Stay in wealth management
You can definitely make a career in wealth management if you start as an analyst. And, if you're good enough, you won't even need an MBA. The hours as an analyst are good (60-80) and pay, although not as good as IB or PE, is also higher than 95% of jobs out there.
The skills you learn in a BB
The skills you learn in a BB PB analyst program depend on which role you fill in the PB (client-driven vs markets/portfolio-driven), however you will generally be doing the same job across the board, consisting of whatever will save time for those senior to you. This can be qualitative or quantitative, but nothing beyond the basics of finance.
Your exit opps are usually another PB/PWM firm or business school - in rare cases moving into investor relations. PB will not lead to a hedge fund/PE role, however it is common to attempt a CFA (clients like letters after your name) and rebrand to appeal to an AM firm. Exit opps do not generally extend beyond those options.
does anyone know of a company
does anyone know of a company like JPM would pay for MBA after an PB analyst role? obviously if they want you back for associate..
The answer is yes for full
The answer is yes for full tuition if you get into a top-10 school, next 5 schools are reduced tuition reimbursement.