What other skills should one look to get to remain relevant and competitive(increase chances of getting hired or avoid cuts) with the technological revolution threatening most positions?
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Depends on what specific field you are working in within the magical world of investment banking. If you are in the advice business (e.g. M&A advisory), then I believe the technology disintermediation risk is minimal and really more of an augmenting tool than a threat.
At the end of the day, you need to build general skills but also demonstrate that you are a valuable member of the team through your commitment, passion and mindset.
Thanks for the advice,what general skills would you recommend one should build? And what do you think about taking classes in coding and fintech ?
Attention to detail and writing ability for both presentations and emails. Would also refine basic data manipulation with pivot tables, filters, etc.
If you are going to a HF sure... otherwise it’s likely overkill.
Don't take coding just because you're afraid of the automation hype. In the case of IB, it's a relationship based business so knowing python would do fuck all but if you are in the fintech space or are looking to break in a quant hedge fund. I would bet on C# or Python along with a solid understanding of statistics (probability theory), along with some ML. It pretty much depends on what you want to specialize in. I am planning to supplement my financial skills with a CFA charter and a grad diploma in applied mathematics.
Thanks,the automation hype got everyone in a frenzy
Well, learn to be good at online poker and you won't have to worry about your day job
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