What should I do to prep for IB at 17?
In year 13, want to do IB when I’m older and not sure what I can do outside work experience. Is there anything I can start learning or reading, and if so what should I do to start?
In year 13, want to do IB when I’m older and not sure what I can do outside work experience. Is there anything I can start learning or reading, and if so what should I do to start?
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Go play some sports. Hangout with your friends. Get into some trouble. You’re 17 you don’t need to know what wacc is
I can do both 😭 I just wanna get a headstart (also can someone explain what wacc is)
Wacc it off
it's actually whack cuz it's imaginary number. it's Fugayzi, fugazi. It's a whazy. It's a woozie. It's fairy dust. It doesn't exist. It's never landed. It is no matter. It's not on the elemental chart. It's not fucking real.
^
Talk to girls
Apply to Wharton, If you get rejected just know you're not cut out for IB.
Too late gonna have to wait for MBA :(
If you’re 17 and you’re just now asking what you can do to prepare, it’s too late.
Damn should’ve started earlier 😔
harsh truth OP needed to hear
Touch grass
Relax
Learn to code, major in cs, and become a SWE. You’ll make six figures (potentially starting off with higher como than you’d get as an IB analyst) and work a fraction of the hours that you would as a bank.
Man, if only I could do things over again….
some people actually like banking and don't want to become a fucking coder
Guys the intern really likes banking !
(I joke - I actually agree… though perspectives can change quick after a few months)
Yh CS isn't for me although I do wanna learn coding at some point
This is always mentioned and while you may be paid more in CS by the hour, the ceiling in IB/PE is much higher than CS. In the first 3 years, sure CS might pay you more. Over the next 5-10 years, IB/PE has CS beat easily.
I shouldn’t have come here for help 💀
Literally nothing
You're about 3 years away from doing a summer internship and can't even drink legally yet (assuming you're in the UK). You're much better off focussing on hobbies and things that you enjoy and that will show you have a personality when recruiting comes. As someone involved in IB hiring, the best candidates are those who aren't the wannabe hardos who've done nothing but think about IB since they were still in sixth form.
I'll definitely do that, I have some stuff I'm doing rn which I wanna continue at uni through societies, but what skills/qualities should I say that I've learnt from them? I'm not really sure how to describe that type of stuff in CVs/interviews
Get laid, play sports, go out (but ofc go to a good college)
just be a normal guy this will help a lot more than studying acc dil model for recruiting trust me
Fair ig but I think it'll still help if I know a bit beforehand so I'm not completely lost. Also what's a dil model?
Get into a good university (target preferably, makes your life easier) and have a slew of extracurriculars. Play a sport, take up a hobby, something like that. That's the best way to prepare you for IB, because when you're applying for Spring Weeks when you're in your first year of university, they know that you don't know anything (nor do they expect you to know anything) but they're just looking at behaviourals and motivation.
That sounds good tbh, I have some stuff that I'd like to continue at uni through societies and so I can probably talk ab that
Go study some broads dude. We don’t need more nerds here
Get laid
Get a linkedin account adn apply to some insight programs (rothschild / MS / JPM / BAML have some for example).
I've got LinkedIn but I'll have a look into some of those companies - not many do high school stuff though so might have to wait for uni
Honestly, the best thing you can do right now is to just make sure you go to a school with a good track record of placing kids into IB/PE
Other than that... get laid, play sports, and gtfo of this website lol
In the UK so ideally looking at LSE, maybe UCL and Warwick
.
Touch grass
Too late kid, I started prepping in middle school and was only able to land MM. Most EB kids starting prepping in kindergarten. Goldman TMT kids starting prepping in preschool. You’re well behind the curve, good luck with minimum wage.
Do you think I'd have a chance at consulting then? Or is that aspirational asw?
Go enjoy the rest of high-school, spend time with family, and find some hobbies. You can work on what is needed for a career in IB when you get to college, but until then enjoy life being simple.
That's fair ig, just don't want to be stressing in uni about applications
At 17? Find the daughter of an MD or partner and become a part of the family.
Read the news, not just markets news. staying updated/knowledgeable is a good habit and if u find it fun it’s a good sign
Is Financial Times good enough or should I use Bloomberg?
keep it simple man just read what you have access to. twitter has a great finance community, too.
You’re too late. I’d look into consulting/big 4
Did you go to a top ranked elementary and middle school? Are you currently attending Phillips, Choate, Avenues, etc? Have you been accepted to an Ivy? If you answered no to any of these questions, you're fucked
Get yourself a personality and gain some interesting experiences under your belt.
I am assuming you are in UK since you said year 13 (correct me if im wrong). get into a good business school, or good school in general (can do econ major). It is not necessary but makes it easier coming from a good school. be a human being, too many kids i see are actual robots, which no one wants to work 14 hours a day with
On a serious note, something that will help you in your professional life (not just getting into IB) is getting into the habit of reading the news everyday. Get an FT / WSJ subscription. I personally like reading a physical copy but the online version is more than sufficient. To be able to hold a conversation about the news and current affairs across multiple topics isn’t something that can be picked up overnight.
Graduate first. Enjoy your life. IB really isn’t that difficult to grasp and you can grind later. You will regret not enjoying your free time with friends and family. I wish I spent more time living in the present and less time preparing for the future.
1) Read fhe FT/WSJ, will make a huge difference during interviews
2) Develop good numerical skills, even mental calculations
3) Make friends and get laid
Apply for spring weeks in ur first year of uni, around September/October time. Until then enjoy life bro
In all seriousness, 1) Go to a target school 2) Do what everybody else above say: have some hobbies, make friends (enjoy yourself) learn how to talk to people, and not be socially awkward. It is a job, dont't sweat it.
Good Luck.
Get laid a lot now so you're not depressed while working 100+ hours during your analyst years
Get into the best college and just read some finance books
Play Hogwarts Legacy
Just do your best to get into a university that would be considered a target. Even if you cant get into top targets, top state schools can sometimes have decent pipelines in certain states. Example would be getting rejected from all the Ivy league and instead going to somewhere like UF. Obviously aim for target schools or as close as you can get though. Networking and relationship building will carry you the rest of the way (assuming good grades)
Mainly just have fun and be well rounded. If you focus too much on your future career too early, you will end up making it harder for yourself and lack the relationship building skills you make in high school and college.
Alright realistically recruiting begins the moment you get to school freshman year with applying to finance clubs, so it might be a good idea to understand the market and practice some technical questions to get a head start
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