Any input on what to expect starting as a full time analyst if you were a Non business related major? No internship experience, never took an economics or finance class, and got the job without connections. How tough will the transition be? Are people harder on you or willing to help? Whats the best thing to do to prepare yourself?
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I am sorry. But I am more interested in how you got the job.
You beat me to it.
Yes, please do share. I am honestly curious!
Motion seconded
haha I suppose that partially answers some of my questions. Well first, it might have been misleading when I said no internship experience. I meant no internship experience at a bank. I've had a lot of good internship experience, but mainly law/gov't related. I also did well in college, finished early and had a high gpa. Last, I've seen some comments on here regarding people in banking being less than stellar writers and I was an English major, so I think my interviewers were particularly open to the diversity. I obviously can't speak for the company.
I know freinds at Ivy's (econ majors) that had problem getting hired...read the book "Valuation". It has everything you need..
Is "Valuation" by McKinsey and Co.?
I don't like to sound like a spokesperson, but I like Damodaran on "Valuation" much better. If you're looking for a book that will be a useful reference to you for the next 5-6 years, his is the best choice. McKinsey does a good job of breaking down relationships (like between PE and DPS), but Damodaran does the same thing, in a more concise format. In addition, he tackles alot of the problems that come with valuation once you move outside the comfort of a textbook problem, and while he doesn't have all the answers, he at least addresses problems, which McKinsey doesn't really do a good job of.
Is this the book you are recommending?
http://www.amazon.com/Damodaran-Valuation-Security-Investment-Corporate…
You'll be fine. If you feel so inclined, get a corp finance book and do a little reading just about the basics of valuation. People are usually willing to help if you are willing to learn. I've been lucky in that respect. Bottom line is always about your attitude. Banking is not intellectually difficult. I would venture to say a lot of my friends went into banking/consulting as govy/art history/english majors with maybe just econ 101 under their belts and they are all doing fine.
Why take advice from people who have never banked before... honestly, the only way you're going to learn is by buddying with the previous class of analysts and asking them to show you everything. No book will teach you anything you need to know.
This is the one I was talking about for the better overall read.
http://www.amazon.com/Investment-Valuation-Techniques-Determining-Secon…
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