Preparing for a career in IB
Hi everyone, I am currently a sophomore in high school. I have grown my interest in Investment banking only few weeks ago and I have been trying to research what having a career in investment banking industry is like and how to be prepared for it. Despite my effort, I couldn't really find any invaluable information on internet from a person that has been through processes like mine in their life. Most of the articles tell me the same things and I really wanted to get some advice from someone who has been in the industry. I have a fairly good glimpse of what life as an investment banker is like, however I still do not fully understand how to prepare for a career as an investment banker. For me, to start preparing myself, I have started reading basic economy books from my school's library. Specifically, I would love to know what kind of universities I should aim for, if any graduate degrees help, what the recruitment processes are like, and if the investment banking industry would be reasonably strong by the time I would be trying to work in it. Thank you!
You could start exploring economics & finance by yourself but that's not really the priority at the moment. Keep studying, got a stellar GPA, high SAT score, and involved in extracurricular activities. Get into target schools.
If OP can't put together a DCF by fall of Junior year he's screwed
You should start by using the search bar.
"For me, to start preparing myself, I have started reading basic economy books from my school's library"
^ Most of what you study in Economics don't apply much in the real world, except maybe supply and demand. I have a degree in Economics so yeah.
FYI, study Finance, specifically, analysis and valuation (DCF, Comparables, etc.)
Google helps too.
Get good grades, go to a good school, get more good grades.
Necessitatibus quia ut praesentium voluptatem. Eveniet in consequatur nihil. Pariatur quia nihil quis iste sit.
Saepe officia in rerum illum. Aut esse sed ex eveniet molestias dolores ut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...