bb.MandA.3rdyear:
depends if you are a person who could have gone into IB, and if you're willing to give up experience. We interviewed a guy who was with PwC for 3 years in transaction services and he was willing to be a first year.

did he get the job?

 

no we took a kid from DrKW who was willing to be a first year after a full-year at a third tier bank.

patekphilippe:
<span class=keyword_link><a href=/company/bulge-bracket-investment-banks><abbr title=bulge bracket>bb</abbr></a></span>.MandA.3rdyear:
depends if you are a person who could have gone into IB, and if you're willing to give up experience. We interviewed a guy who was with PwC for 3 years in transaction services and he was willing to be a first year.

did he get the job?

-- Interview Guides GMAT Tutors WSO Resume Review --- Current: Senior Analyst - Hedge Fund Past: Associate - Tech Buyout Analyst - Morgan St
 

I am with Big4 for 4 years auditing for non-FS clients, and I am willing to be considered as an entrant, but still it's tough. What about Equity Research? What kind of skills does IB need for this division? What kind of questions do they ask during interviews? How many rounds of interviews we'll have to go through? Thanks guys for your information!

 

Hi all I am also in a similar situation. I currently work in a Big four firm doing audit. (experience isER in Ibanking this fall. (when the recruiting for FT analyst begin) Regarding my qualifications, I have passed the CPA exam and also will be taking CFA level 2 this June. In addition, I have a master of accounting degree from an solid graduate business school. But the main issue is that I am out of school and will not be able to use the recruiting system, which means that I have to apply on-line and I don't think that will get me anywhere.

Any thoughts on how I can approach this? Or how I can get myself prepared? I figure out that it is hard to get opportunities once you are out of school. I know I need to network, but how can I get to know more people in this industry?

Any advice will be greatly appreciated. Thank you.

 
Best Response

I am also in a similar situation. I currently work in a Big four firm doing audit.

My experience is less than 1 year now. I am seeking for a chance to transit to ER in Ibanking this fall, when the recruiting for FT analyst begins. Regarding my qualifications, I have passed the CPA exam and also will be taking CFA level 2 this June. In addition, I have a master of accounting degree from an solid graduate business school.

But the main issue is that I am out of school and will not be able to use the recruiting system, which means that I have to apply on-line and I don't think that will get me anywhere.

Any thoughts on how I can approach this? Or how I can get myself prepared? I figure out that it is hard to get opportunities once you are out of school. I know I need to network, but how can I get to know more people in this industry?

Any advice will be greatly appreciated. Thank you.

 

I know a director who started out doing auditing work at a now defunct mutual fund in NY, but he went back to b-school and eventually ended up at a bulge bracket IB.

He runs an entire IB department now, and boy he's tough!

 

Maiores est nam quia quia. Aut accusamus rerum unde voluptatibus. Repellat odit rerum tenetur aperiam.

Officia rem animi quae culpa aut sit exercitationem voluptatem. Dignissimos voluptatum rem et voluptas nostrum eaque. Aut necessitatibus quaerat minus sint voluptates.

Neque veniam dolorem assumenda repellendus et voluptas velit. Fugit corporis et quos dolorem perspiciatis et dicta. Facere dignissimos et dolorem qui et quis illum.

From the ghetto....

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 17 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (22) $375
  • Associates (93) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (149) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”