Advice for a good starting point....

Ok. Quick background. Graduated with an engineering major, decent school, technically below average gpa (3.4), was considering law school, took the LSATs, did well, now unsure whether lawschool or biglaw in general is for me.

When I first heard about ibanking, I had no idea what it was. I've since read quite a bit about it, and find it generally interesting, and probably something that I would be genuinely good at.

What I want to know is...
how can I go about getting involved in this field.
Like when I wanted to know more about law, I got a job as a law clerk.
When I wanted to know more about engineering, I got job as a software engineer.

Since ibanking was not even in my vocabulary until a few weeks ago, I am pretty much at the end of the line here. It sounds like people who majored in business in college would intern during summers. OCIs. Connections. An actual business course that relates to ibanking, etc.

I really have none of these, although, I do have connections, I don't even want to bother at this point, since I pretty much know nothing about the field -- and I don't want to embarass someone because I don't know all the terminology.

Someone said that banks will hire and train you... that they in general, have economics majors, business majors, physics.... whatever. So its not overly major specific.

But I mean, whats a good starting point considering I am already out of college, and this would technically be a career change.

It sounds like most people start out as an analyst, and this is where you get most of the experience. Do you think this is a possibility?

Thanks for any advice.

 

theres only one way to find out the real ibanking. read monkey business. if you want to get off light and not have to fork out the cash on the book, check out the site below. good luck.

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Best Response
dansmeek:
Ok. Quick background. Graduated with an engineering major, decent school, technically below average gpa (3.4), was considering law school, took the LSATs, did well, now unsure whether lawschool or biglaw in general is for me.

When I first heard about ibanking, I had no idea what it was. I've since read quite a bit about it, and find it generally interesting, and probably something that I would be genuinely good at.

What I want to know is... how can I go about getting involved in this field. Like when I wanted to know more about law, I got a job as a law clerk. When I wanted to know more about engineering, I got job as a software engineer.

Since ibanking was not even in my vocabulary until a few weeks ago, I am pretty much at the end of the line here. It sounds like people who majored in business in college would intern during summers. OCIs. Connections. An actual business course that relates to ibanking, etc.

I really have none of these, although, I do have connections, I don't even want to bother at this point, since I pretty much know nothing about the field -- and I don't want to embarass someone because I don't know all the terminology.

Someone said that banks will hire and train you... that they in general, have economics majors, business majors, physics.... whatever. So its not overly major specific.

But I mean, whats a good starting point considering I am already out of college, and this would technically be a career change.

It sounds like most people start out as an analyst, and this is where you get most of the experience. Do you think this is a possibility?

Thanks for any advice.

What are you currently doing with yourself?

 

Your odds are bad unfortunately, from a decent school, with decent grades, and a good lsat score, you should go to law school.

People are so ignorant when they see law as "Big Law"... Dude, that 'big law' stuff is 5% of the field... Start thinking about the other 95%. Ultimately, you will have to establish yourself in your own niche. Whether that be traffic tickets, DWI, defense, criminal, civil, Child protective services law, there are a wide variety of interesting fields where you find your niche.

I say the above coming from an immediate and extended family of lawyers/judges that are spread over most of the usa, primarily in the west/east/south coasts... going to law school, especially a decent one, opens up numberous doors down the road. It may not impressive some dumbass analyst who thinks it's a waist of time, but you obviously don't have a great plan right now so why don't you take the shot. In your late 30's, you will think it was a great way to spend your age 23-age 26 years.

Note: I'm taking the LSAT this Saturday, have worked for 1.5 year.s

 

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