New to these forums. Interested in pursuing a carrer in I-Banking. Where to begin?
Hello All,
As the title states, I am new to these forums, and wanted to write an introductory post! Some background: I graduated from UCSB in June '14 and majored in Economics. I was interested in pursuing a career in I-Banking back then, but did not land an internship over summer. Some time went by and I began working as a junior analyst/coordinator in entertainment/production (still employed). I was recently accepted into USC's M.A. Economics program, and I am most probably going to start in Fall of '15.
My biggest question/fear is the following:
Is it too late to get into I-Banking? As in, am I too old (not in undergrad anymore). I do not know too much about the hiring process, but I am familiar with how important the initial internship is. One of the main reasons I want to go to USC for grad school is to have access to their job portal. I am sure firms will be posting about analyst internships and etc.
Will banks consider a candidate pursuing their masters degree in Economics? I am going to start cold-calling some boutique firms to try and get my hands on an internship, or even information about what I can do.
What necessary next step would one take if they were in a position like mine, trying to get into this industry?
Apologies for the long first post, but I am glad I found these forums!
Best,
996
Not old enough, i did an MA econ as well, you will be more attractive to markets/research and Asset Management type roles. You can also target IB but make sure you have a grasp of financial modeling.
Thank you for the response. Why do you say "not old enough?" What are you doing currently with your MA Econ? What sorts offers did you receive after acquiring that MA?
Thanks again.
Vel vitae dolore aut quo. Laboriosam facere labore nihil quis ullam ratione optio. Debitis nesciunt consequatur sed quia quos dolorum. Impedit sed accusamus facere ipsam a. Quas explicabo recusandae illo est consequatur laborum. Enim dignissimos perferendis ipsa repudiandae repudiandae quaerat.
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...