How slim are my chances?
I graduated in May 2010 with a degree in Marketing (I'm sure that will go over well here) from a fairly highly ranked public school (top 20 undergrad business). Since graduation, I have worked at a large retail company as a product analyst, with some internship experience working for a US Senator and a Mortgage Bank.
I eventually plan on getting my MBA, but my interests have lied in Capital Markets and investments since the later years of college and I am looking at getting my foot in the door at an investment bank. I know this is the career I want to be in.
I realize I would be way behind the ball behind anyone coming out of a target school and those who might be more qualified than I. With that being said, I have an unmatched work ethic, but that is something you can't quantify.
So I'll open this up to the board... How slim are my chances of ever getting my foot in the door in I-Banking?
It really depends on how well you network and use alumni indistry contacts. Its not going to be easy because of your background in a non-finance industry coupled with the state of the markets and current hiring freezes. Its not impossible, but it definitely won't be easy.
My advice, taken worth a grain of salt, would be to network, network, network. And if you get an interview, make sure you nail both the fit and technical interview questions. Specifically, why banking and why the change in industry.
Good luck!!
"my interests have lied in Capital Markets and investments " "investment bank"
does. not. compute.
because correct grammar on an internet forum is so compulsory...you might want to work on your analytical skills if you can't comprehend that statement.
He's saying that investment bankers don't really do investments as opposed to iM people unless you're in ECM or something.. Id say take your experience and take the Cfa to shoe a true commitment and desire to switch and head into a top MBA to make your dream true
MBA is the best way for your to break in to the industry. Do some more research to learn more about what/why you want to go in this direction.
this is the way to go. MBA + networking. make sure it's really what you want (you'd be amazed how many kids forget to do this and get so caught up in the effort to break in that they lose sight of what they're getting into) and if it is, then commit to doing what it takes.
now go out and make it happen. cheers.
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