Top Sales Guy Wanting To Go Into IB
Hey I am 28 year old guy with 4 years military, college degree (BBA) focused in entrepreneurship and 4 years of sales experience in Medical Devices and Technology. I want to get into investment banking. I am considering going back to get my MBA. What do you guys think about the following:
1: Should I go back to get my MBA, is the school I get into important? How So?
2: Which part of banking should I go into? I have a strong sales skills and I love money.
Thanks Fellas
Probably healthcare banking after an MBA...we all love money so that will not differentiate you in the interview process.
yes you have to get your MBA. the only way for you to get in now is as an associate. the only way to become an assosciate is straight promote from analyst (not an option for you) or post MBA. yes the school is important because investment banks only recruit at certain schools. if by IB, you are including S&T, then go into sales. if my IB, you mean traditional investment banking, just apply. if you are accepted, then you put group preferences, and the groups put their preferences, and the chips fall where they may.
Also, if you get an IB (non-S&T) sinterview, try not to tell them you want to do banking because you have sales experience and love money. i'm gonna go out on a limb and say that probably will get you rejected.
You will need to go for the MBA (top 20 at least). Feels like you have a good background for it, like ad-comms would drool all over your military background. I'm actually curious myself if that would be a big benefit or if I just misheard that shit.
I guess healthcare banking would be a logical placement for you...I also heard that healthcare guys work really hard and that's the coverage group that works the most hours on average (could be wrong?).
EDIT Whatever GJones said, ignore my shit. I'm still curious about the military thing though.
Idk about that. From what I've seen, I think Industrials groups across the street get slammed the most, especially ones that aren't divided into verticals. "Oh, you're done with your paper and packaging work? That's cool because metals and mining, diversified industrials, consumer products, aerospace and defense and ten other industrials verticals could use your help. yea, sorry about the whole sleep thing." Idk, but that's what I've noticed. But its banking so everyone works super hard anyway.
The amount of work by group purely depends on the bank (and certain cyclical market factors). AT the BB I was formerly with, Healthcare was brutal and in the top 2 in terms of hours worked. Industrials was not in the top 3.
Cool, thanks for clearing that up. Not sure where I heard that to be honest.
Impedit ex non expedita non ut quis. Excepturi eius cupiditate sit nostrum in aut dolore. Et rerum dicta earum atque rerum nulla. Facere rerum dolor corrupti at.
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...