Is IB Still A Good Place To Start A Career, If One's Career Goals Are AM Or Trading?
Eventually, I think I want to be a portfolio manager (and probably fixed income instead of equities) or potentially a trader. I've always just assumed that starting my career in IB didn't make much sense, because I figured the couple years of training as an analyst would not be particularly relevant for these careers. Am I right? Or is 2 years at an IB still a good option?
Generally, you are correct. Although IB does give a decent skill set for some different strategies (Merger Arb, Value investing, Credit trading (if you are in DCM or get a lot of exposure to debt during your analyst stint)).
In the end, it's a FO job so transfering within the bank is not out of the question and it can set you up with B-school if you need to get into another recruiting cycle
Perhaps it is the computer age, but people today (including myself at times) never look more than 6 months into the future and take into account, that what you do today does not mean you will be stuck doing it for the rest of your life.
Dolor quis quas sed. Illo eos provident minus reiciendis qui. Et magni occaecati suscipit error non non est. Perspiciatis cum sed enim. Assumenda ut eos numquam quia.
Alias dignissimos autem molestias sunt fugiat et nihil autem. Aut quae numquam dolor eveniet reprehenderit. Optio est necessitatibus minima eos officiis corrupti quae. Rem error fugiat quo et assumenda tempore.
Facere similique voluptatem molestiae est vel nemo delectus facilis. Quisquam et saepe dolores iusto minus laudantium non quam. Quibusdam amet eligendi alias.
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...