Trending Content - Investment Banking Forum
| +178 | Americas M&A League Table Q2 Updated | 74 | 29m |
| +132 | New Article: Dramatic Slide as UBS #22 (US) & New Leadership Desperately Needed | 27 | 17m |
| +109 | Restructuring: Anti-climactic Experience | 29 | 29m |
| +80 | IB Net Worth / Savings Check | 31 | 40m |
| +74 | A COMPLETE GUIDE TO SUMMER INTERNSHIP RECRUITING | 12 | 1d |
| +51 | Boutique firm wants access to my LinkedIn? | 40 | 1d |
| +39 | Investment Banking is Hard | 17 | 21h |
| +31 | PWP vs BofA | 23 | 3h |
| +25 | Who pays the highest right now? | 14 | 3h |
| +21 | Big 4 Transaction diligence (FDD) vs Valuations and modeling for goal to get in IB | 5 | 4d |
Career Resources
They are not remote from the modeling lets just say. They will quickly "scan" over the models to see all the monkeys have done the work correctly before it is "client ready"
Looking over the model, making sure things go according to timelines, setting the direction of presentations/pitches. General deal management; some are more involved than others.
Typical good day of an VP in IB:
VP: Mr. MD, your highness, for thou has spoken beautiful words. MD: I disagree. VP: Yes! I disagree as well! You sir are a genius. ::Gets on knees, opens mouth, inserts MD's cock::
Typical bad day of a VP in IB:
MD: What the fuck is this? VP: You weren't clear...I thought... MD: You have to fucking ask! Now I'm fucked! I would've looked like a fucking idiot! VP: I'm sorry, I honestly thought... MD: No, you have to be more assertive, it's already 5:00, I'm really fucked now... VP: I'll have it squared away. MD: Bend the fuck over! VP: ...yes sir... ::MD rapes VP in the ass::
This pretty much sums up what a VP does in IB.
That is fucking hilarious.
It's not funny at all. That's just how it is. Reality is never funny.
HAHAHAHAHAHAHAHA
you made my day
^^^Oh and then after the MD leaves, to make up for his own insecurity, the VP will take an analyst into the conference room and then rape him several times over.
oh dear. that would be you, as a 1st year. does it usually hurt to sit down?
Well, it hurts as much on the inside as it does on the outside.
One thing, you'll learn to wear kneepads during your first week. People don't realize the most painful part is staying on your knees that long (that is if he wants you up on the table, which he usually does because it really gets him off).
they run deal execution, many MDs only run meetings and source deals
The vault guide to investment banking has section on the typical day of a banking VP. I am sure you can find it online. Basically, the VP is the go between between the MD and Associates. They check associate work, assign new work based on the MDs needs. They also have a strong client facing role because they are essentially the MD's right hand man and they are learning what it is like to be an MD.
They don't do shit
at my bank, they also begin to add a business development aspect to their traditional role. I.e., they can now begin to source pitches and try to win business alongside supportive MDs
Yeah this thread turned to doodoo really quickly.
The VP job depends a lot on the group. In leaner groups they might already be doing the same work as an MD, while as in bigger groups they are more the person overseeing everything from a top level.
Banking sucks, I quit..
What to expect as a VP of an Investment Bank (Originally Posted: 01/25/2015)
I am moving to a boutique investment bank from a commercial bank. They have given me a VP title. I have a clear understanding of my role, but is there anything in particular that I should be aware of that I may have missed? I know that I will have analysts under me. Do you have any recommended strategies on succeeding in this role?
Well I'm certainly not that level but around that level you will start having to make your relationships and get your own clients to start producing
Read "Accidental Investment Banker" a) It will tell you everything about what a VP in banking is b) It's generally a funny and fascinating book about how banking evolved into its current transactional form. Any banker who likes his work should read this I think:)
Otherwise congrats!
Second this. It is about a former airline executive who was rung up by his friend out of the blue with an Associate offer when Goldman were looking to build their London office. He was completely thrown into the deep end and ultimately had a successful career, made group Co-Head at MS for Media and Tech. Very interesting read.
Iusto maxime sunt ut officiis autem. Est voluptates aut possimus pariatur ducimus. Unde expedita vel nemo dolore facilis. Occaecati ducimus dolores ea.
Quam nihil aspernatur nihil et sit consequatur. Similique non est fugit harum quo dicta.
Dolor id sed molestiae repellendus accusantium. Quia voluptates quos unde pariatur. Voluptatem voluptatem sed illum iure voluptatum maxime. Repellat iste adipisci molestiae reiciendis error necessitatibus doloremque cum. A similique esse omnis et.
Deleniti porro autem illo voluptatem consequatur. Atque ut et accusamus id deserunt accusamus nostrum. Ut et voluptatem doloribus corrupti non inventore in 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...
Velit maxime corrupti ea. Et ad qui dolores non et officiis aut. Et eaque sit ipsam et.
Accusantium aperiam sit laboriosam provident. Autem voluptas odio quos ab non ab pariatur eos. Cumque quas autem blanditiis ducimus est quas fuga quos. Aspernatur cumque officia consequatur itaque praesentium. Delectus itaque nobis sed unde nisi numquam laborum. Exercitationem ut qui numquam. Magnam aliquid quas ipsum officiis mollitia et.
Quibusdam omnis et vel fuga voluptatem dolore. Repudiandae laboriosam quibusdam consequatur. Velit et officia voluptatem alias sint necessitatibus aut. Enim numquam iure similique sed voluptatem ut inventore placeat. Voluptas impedit nemo amet qui earum.
Et adipisci est est commodi reprehenderit. Blanditiis commodi dolores iure rerum quia magni et. Omnis reiciendis ratione repellat officiis. Velit nihil praesentium possimus accusamus aut quos nostrum.