10 Comments
 

Finance Theory is interesting, it's pretty much applied mathematics (Have a background financial mathematics). IBD? Heck no, you wouldn't work in finance if it's not for the money.

 
Most Helpful

I’ve been reading a lot about investing recently and really have been enjoying learning about it. I think the job is more interesting than IBD as well, since there is a lot you have to learn and keep up about companies, and there a lot of risks you have to consider in each of your pitches / decisions.

Really hope my audit background will not be viewed as negative when I try to network my way to Asset Managers / Hedge Funds my first year of MBA.

 

Well, I haven't taken upper level course work for finance just yet so I can't speak for that. I will say anything involving some capital market that can be traded interests me A LOT since it pretty much opens the door to learn about the different players & data.

Like with FX you follow different news data such as Fed Funds Rate, NFP, FOMC or even just learning about the other Central Banks and their policies like ECB, BoJ, etc. With futures like /CL you have EIA or /NG which had that 3 SD move a few months back and wiped everyone out . When I was doing basic, weekend warrior type of "research" on the XIV crash in February 2018 it was really neat because I learned about how ETFs can trigger massive sell offs. https://www.ft.com/content/d836a02e-0420-11e3-8aab-00144feab7de great read.

IDK I think all of that is pretty cool especially learning about the institutional side who has a massive hand in all this + their strategies.

Array
 

Finance is a really broad term. Do I personally find working on the sell-side and guiding clients through a M&A process interesting? Not particularly. Do I like investing behind and partnering with management teams to help grow a business and realize an exit 3-5 years down the road? Yes. I think without getting into the nuance of what specifically within "finance" one is referring to, it's hard to get at a fair answer to this questions.

 

I have sort of wondered this myself when thinking about my motivations about trying to get an institutional trading job. Am I really into this, or is the money motivating me?

Then I see all the studying and work I am doing position myself with no immediate financial benefit, I catch myself actually enjoying the math or observing my own satisfaction when I finally understand a concept.

For me it runs fairly deep, I have always had broad interests and have always liked to know how things work. So for someone who sort of came of age during and in the wake of '09, maybe I have more motivation/interest when reading about the nitty gritty of CDOs, Swaps, etc... I also want to know more so when some fool who watched the big short starts spewing barney-style explanations I can intervene.

 

I love it but I also have people on my team handling (most of) all the shit I used to hate doing. Now I get to focus on deal making/structuring, reneg'ing debt, hanging out with smart people to find the best talent to hire, etc... There are guys on my team much better than me at the other stuff so there's no point in wasting my time trying. I know I'll never build a better model than them, or code a better solution for automating deal flow, etc..

Still not huge on the operating portion, but hoping to be able to afford to hire out for that soon and I would say most of the operating stuff I do ends up being more management + CMO type stuff than finance anyways.

General life advice though, never work a job you hate or don't love being in regardless of pay. Work something you love where you KNOW you can be the top 1% and the money takes care of itself.

 

Finance is pretty broad, and I do not find every single aspect of it extremely fascinating. Though, long term investing, and research based on fundamentals is quite interesting.

 

Omnis necessitatibus aliquid accusantium doloribus. Facilis eum debitis est ut consequuntur aperiam ipsum dignissimos. Eius ipsum deserunt ea pariatur enim ad saepe.

Qui veritatis eligendi omnis quibusdam. In sunt quia provident numquam facere sit porro. Officiis repudiandae aliquam voluptatibus id. Dolorum sit ut non labore non dolor aut veniam.

Nihil cum possimus porro voluptatem esse sunt. Et debitis nesciunt aspernatur vitae impedit. Vitae dicta ullam tenetur repellendus neque. Est ut voluptatem dolorem libero mollitia nesciunt dolorum. Error voluptatem pariatur fugit alias. Perferendis voluptatem omnis laudantium. Sint possimus aliquid rerum modi voluptas ipsam eaque.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • JPMorgan 01 97.7%
  • Goldman Sachs 02 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”