Is 24 too old to join as an IBD analyst?

What's the average age for an analyst on the floor? Is 24 too old? Especially for an Asian girl (that already puts you in the alien bracket. gaah!)

What do you guys think?

42 Comments
 

answer: no. most importantly though it depends on how you project yourself, your social life as a 24 year old (can you chill with 22 year olds?) and how you project yourself as an analyst 1st year at 24 along side a 2nd, 3rd year analyst who's also 24 (awkward having someone your age tell you what to do?)

 

24 is the average age for people to join IBD in Europe at least....

I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing. See my Blog & AMA
 

No, definitely not too old.

"For I am a sinner in the hands of an angry God. Bloody Mary full of vodka, blessed are you among cocktails. Pray for me now and at the hour of my death, which I hope is soon. Amen."
 

Here's another question:

Is is possible coming out of Corp. FP&A, with MBA, to join as Associate at an IB?

That's a question I've been trying to answer.

 
Best Response
BanknHere's another question:

Is is possible coming out of Corp. FP&A, with MBA, to join as Associate at an IB?

That's a question I've been trying to answer.

I'm not in IBD, so consider that alongside my opinion. However, from what I've seen at numerous boutiques and MM firms I have friends at, have interviewed at, or merely know people from, there are quite a few MBA-level persons going in as first year analysts, even with 3-5 years' experience. It seems that people at non-BB's are more willing to hire candidates who will definitely get the job done, rather than a college kid who ultimately may or may not suck at the job. I think that the "breeding success out of college, starting at the analyst level" hiring model is only for firms that attract ivy talent on a regular basis and can afford to reject qualified candidates on the basis that they aren't 20 years old with an ivy degree.

in it 2 win it
 
FSC
BanknHere's another question:

Is is possible coming out of Corp. FP&A, with MBA, to join as Associate at an IB?

That's a question I've been trying to answer.

I'm not in IBD, so consider that alongside my opinion. However, from what I've seen at numerous boutiques and MM firms I have friends at, have interviewed at, or merely know people from, there are quite a few MBA-level persons going in as first year analysts, even with 3-5 years' experience. It seems that people at non-BB's are more willing to hire candidates who will definitely get the job done, rather than a college kid who ultimately may or may not suck at the job. I think that the "breeding success out of college, starting at the analyst level" hiring model is only for firms that attract ivy talent on a regular basis and can afford to reject qualified candidates on the basis that they aren't 20 years old with an ivy degree.

Thanks for that, but I'm talking about going in as an Associate not Analyst out of FP&A. I don't know this for sure, but I could never imagine going to a top MBA and taking an entry-level IB job (even at Goldman/JPM).

 

No way. I'll be a month away from 23 when I start next August, and there are people with master's degrees in my class.

MM IB -> Corporate Development -> Strategic Finance
 

I joined as a first-year analyst a few months ago at the ripe age of 25, so I hope not. I'm in a smaller office where everyone seems to be a bit older, but having gone to school with people a couple years younger than me I wasn't too concerned about "fitting in" anyways.

Do what you want to do man!

 

The age thing was a big worry for me but you got to remember that everyone is different and people here told me do what you had got to do - forget the rest. Decent advice tbh.

 

Bro I've never even seen anyone over 26 on the trading floor. Definitely a long shot - you should consider your options and start looking for marriageable middle aged women who come from money. (Or a nice sugar daddy if you're cool with that)

 

That's because there isn't much diversity in your mom's basement. In the real world, things are different.

gammaoverthetaBro I've never even seen anyone over 26 on the trading floor. Definitely a long shot - you should consider your options and start looking for marriageable middle aged women who come from money. (Or a nice sugar daddy if you're cool with that)
 
gammaoverthetaBro I've never even seen anyone over 26 on the trading floor. Definitely a long shot - you should consider your options and start looking for marriageable middle aged women who come from money. (Or a nice sugar daddy if you're cool with that)
Haha...I'm guessing you've never seen anyone under 26 on a trading floor either. This would require that you have been on a trading floor before.
 
SirTradesaLot
gammaoverthetaBro I've never even seen anyone over 26 on the trading floor. Definitely a long shot - you should consider your options and start looking for marriageable middle aged women who come from money. (Or a nice sugar daddy if you're cool with that)
Haha...I'm guessing you've never seen anyone under 26 on a trading floor either. This would require that you have been on a trading floor before.

FTW!

Fear is the greatest motivator. Motivation is what it takes to find profit.
 

A lot of people are talking about Europe, but I also want to add in that in Asian places like Singapore, Taiwan, and South Korea, 24 would be more than normal since they have military service.

Circumstances and all.

73 good sir!
 

Short answer: No. I'm 25 and will be joining a bank as a 1st year at 26 by the time Summer comes around.

My name is Nicky, but you can call me Dre.
 

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I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing. See my Blog & AMA

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