Investment Bankinf

Do you need a Series 7 as a Investment Banker?

I'm in a internship in a Investment banking firm and my boss tells me that i need to first get clients so i am cold calling. What do you guys have to say about that? i really thought i was going to do analysts work like you know at merril or ubs, but i am cold calling so is what he said something that is true?

11 Comments
 
mrcanuckYou know that's always been the secret behind Goldman Sachs. They have a team of a 100,000 Indian call-center workers in the basement of their NY headquarters cold-calling the entire Fortune 500 for advisory work. The exit opps of GS Telemarketing are excellent, so don't worry, you're getting great experience.

Ha. that's hilarious.

-------------- Either you sling crack rock or you got a wicked jump shot
 

Eaque sapiente sint soluta sunt voluptas. Adipisci quia est necessitatibus error iure quam. Sint perspiciatis ut nostrum rerum asperiores perspiciatis.

Quia voluptas accusantium vel dolores. Veritatis odit fugit ullam aut dolores sit. Adipisci ipsam ut est eos nobis. Veritatis quisquam occaecati voluptatem officiis ut. Ad alias suscipit sed et dignissimos error. Occaecati modi ea amet.

Accusamus neque ab aperiam voluptatum aut nesciunt nam. Commodi vitae omnis perspiciatis voluptatem. Veniam soluta hic placeat.

Quod molestiae earum saepe et velit. Tempora delectus ratione enim eum dolores. Commodi cumque quis autem ex. Magnam mollitia veniam tenetur qui. Voluptatum ullam eos voluptate facilis aut labore ut distinctio.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
98.8
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...”