Entering IB - what level will I be?
Hi all, thanks for your time and reading my post. I have a Master's degree from the University of Melbourne, worked for a German bank in the risk management department for three years and am now a self employed consultant in the regulatory reporting field (CRR, Basel III) for over two years. In June 2016 I will hopefully pass my CFA (level three). By that time I have six years of work experience and let's assume my CFA certificate. I will be 31 years then. My questions: 1) Do you think I will be able to start working in an IBD of a major investment bank? 2) What level will I mostly start? After all I read the associate level seems most fittig. Would you agree?
Thanks for answering my questions...
Cheers, tom1999
To be honest, as of right now you don't really have a shot with a major investment bank. If you go and get an MBA from a school that IBs target for Associate recruiting, that's probably your best and maybe only option.
Thanks for your honest answer. Could you elaborate on the reasons, why you think that I don't have a shot in investment banking? Am I "too old"? Or is my prior work experience not meaningful for IB? Cheers
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