Breaking into IB without a finance degree
Hi all,
Here is the snapshot:
I am 27, with a BA degree and currently working at a tech start up in Toronto area. I've been breathing sales for the last 4 years perfecting this craft. If some of you follow corporatebro then you may have realized IB culture and start up culture is not all that different >> caffeine + 40 hours + caffeine + 40 hours + caffeine = weekly grind. In the last two years I've built a small nest egg for myself with two investment properties and a small portfolio consisting of mostly long holds.
Now that you know a little bit about me, I rephrase my goals once every 2-3 years, and the current goal is >> breaking into IB.
So, other than not sleeping, here is what I've been doing over the past 12 months to prep myself:
CFA prep to sit for December 2020 L1 exam
DCF, LBO, and Comp modelling - self taught through udemy - I built my first fully functioning dcf using Tesla the other day.. it took about 6 hours but practise til your perfect
Python programming - self taught through udemy
networking with as many people as I can in the industry
and lastly I think this is important too, here's some of the books I've crushed in the last couple of months: Valuation, Investment Banking Wiley, Intelligent investor, barbarians at the gate, art of war, way of the wolf. I found the valuation book to be very technical as I gave it a rip before I started working on anything else but I'll definitely be going back to it.
Here lies my question, what can I be doing over the next 12 months to maximize my possibilities for a run at an analyst position in 2021?
Thank you!
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