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I read through Rosenbaum and Pearl and then started working through BIWS 200 IB interview questions. I got an interview after a year in FDD and a couple years in audit, and got an offer and it worked out.
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Been working in IB for a year. Came in as an AN2, but that became AN3 a couple months after joining just based on the promotion cycle/timing
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I think you should just be very aware of what you’re stepping into. I found it significantly more demanding than FDD. Let’s say you’re working on 1 or 2 deals at a time in FDD, well in IB you’re probably aly working on 5-8 work streams at a time, and often times 3 of them have competing deadlines. So there’s just more work overalll. Otherwise, you learn a significant amount on the job, so it’s good to have the FDD and acct. Background, bc then you can really focus on learning banking specific items (valuations and modeling, overall processes) as opposed to trying to really get a grasp of the financial statements, considering you’ll know that really well
I’m starting an FDD role next summer and want to transition to IB ASAP. Wondering if you can provide any insight on how to make the jump.
Hey man. I made the transition directly from B4 audit to a MM IB in NY. You can DM if you have any questions I can help with.
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