Everyone seems to hate their job on this forum. Aside from the money and of course the prestige, is there anything good about banking as an analyst? Also, How does one answer in an interview, "Why do you want to be an Investment Banker"?
| +371 | What to expect during your IB summer internship and how to secure the full-time offer | 23 | 1d | |
| +173 | 2nd casualty of BofA, 25 yo credit trader | 56 | 5h | |
| +166 | MD Can’t Unplug | 42 | 34m | |
| Am I insane? (NEED ADVICE) | 56 | 3h | ||
| +64 | BofA Assoc who died had sought to leave, citing long hours | 16 | 2d | |
| +57 | How Much Parental Assistance Do People Actually Have? | 18 | 2h | |
| +50 | Is banking more tolerable in Houston? | 32 | 16h | |
| +39 | Another BofA trader died? This is insane... | 24 | 2d | |
| +36 | Associates not checking my work and getting mad at me? | 11 | 43m | |
| +34 | How is Northwestern? | 7 | 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.
An excuse to spend loads of money on nice dress shirts and ties. It's a dawg eat dawg world.
who thinks that if you can't think of an answer to "why do you want to be an investment banker?" then a) you haven't researched the position or field enough to come up with a legitimate response or b) you have researched the field and you still can't find reasons why, so maybe you shouldn't do it?
I can understand asking for advice on technical interview questions, or techniques, but asking for advice on why you personally want to do something? Do you want us to give spell out your 3 best strengths or weaknesses, too?
oh come on people, he just wants to know if there's a standard bs answer that people give to impress the interviewers. it's not that bad a question
but come on, questions like "tell me about yourself," "run me through your resume," "why investment banking/this bank/this group?" are lay-ups that shouldn't require hand holding...
Alright GameTheory, I know exactly why I want to become an Investment Banker, because I'm fascinated at valueing businesses, want to eventually be a player in Private Equity, and want to be filthy rich. Of course, no one in the right state of mind would mention the last reason in an interview. So I guess I should have restated my question to "What should I not say when I'm asked why I want to be an investment banker?"
Of course I would like to quote Gordon Gekko, but we all know I would look like a mindless chimp.
"I'm not talking a $200,000 a year working Wall Street stiff flying first class and being 'comfortable'. I'm talking rich pal, rich enough to fly in your own jet, rich enough not to waste time, $50-100 million, a player."
So GameTheory, I guess that is not a good reason to want to be a banker either?
Concentrate on the first point. Don't talk about money and definitely don't talk about private equity before you even score a FT analyst position at an investment bank.
I'm going to go out on a limb and assume you've researched out investment banking enough to know the basic functions. Explain what in your experience, schoolwork, interests/hobbies plays into the key elements of what banks are looking for in an analyst. Even if you haven't had an internship in IB, you can still point to your club memberships, leadership, grades, or knowledge to impress your interviewer.
And definitely don't quote Wall Street.
Et eligendi aut rem voluptate sed voluptas. Temporibus minus quis soluta veniam.
Deserunt eum rerum earum ipsa in quae. Sit dolore modi dolor harum natus. Ullam totam deserunt eius. Voluptate aliquam magni non architecto vel.
Dolor at consequatur quos qui. Odit amet quidem placeat quam eos. Minima eum earum eos voluptatem veritatis. Quia dignissimos eveniet asperiores sit consequatur asperiores. Ut sunt maxime hic dolor. Tempora soluta sed ratione repellat.
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...