12 Comments
 
LHDan
BTbankerWhat's the obsession with Minneapolis?

He must really love Lakes.

Fiance. Family. Lived in NYC and prefer a different atmosphere. But mostly the lakes.

I wouldn't rule out another short stint out east or in Chicago, but Minneapolis is where I'm going to be long term.

---- Not a wannabe anymore.
 
Best Response
  1. internship: the answer to this is always 1. GPA/GMAT (basically hard numbers that show you're smart) 2. relevant experiences (this will take some spinning on your previous job responsibilities) 3. networking (be likeable, selling your reasons for why banking/Mpls, make people want to help you)

  2. skills: I'm more familiar for the skillset needed for analyst candidates but my understanding is that the skillset is pretty similar for an MBA assocaite candidate. In terms of skillsets for a CANDIDATE and not just an actual employee (i.e. getting the job vs excelling at the job), there really isn't a requirement other than a. basic financial analysis understanding - pick up Pearlbaum's pdf on Investment Banking. it's a pretty easy pdf to find on google. That will give you the background to get though most to all technical questions that come up in the interview process b. current events - know what deals are going on, how the markets are changing, etc. You don't have to know EVERYTHING but know enough that people will believe that you actually want to be a banker.

 
kidflash1. internship: the answer to this is always 1. GPA/GMAT (basically hard numbers that show you're smart) 2. relevant experiences (this will take some spinning on your previous job responsibilities) 3. networking (be likeable, selling your reasons for why banking/Mpls, make people want to help you)
  1. skills: I'm more familiar for the skillset needed for analyst candidates but my understanding is that the skillset is pretty similar for an MBA assocaite candidate. In terms of skillsets for a CANDIDATE and not just an actual employee (i.e. getting the job vs excelling at the job), there really isn't a requirement other than a. basic financial analysis understanding - pick up Pearlbaum's pdf on Investment Banking. it's a pretty easy pdf to find on google. That will give you the background to get though most to all technical questions that come up in the interview process b. current events - know what deals are going on, how the markets are changing, etc. You don't have to know EVERYTHING but know enough that people will believe that you actually want to be a banker.

Thanks for the advice, I really appreciate it.

I have decent gpa/gmat numbers. I'm hoping the fact that I took the hardest classes at a tough school take me from decent to great in this capacity, although I've heard this may not be the case. Relevant experience is an obvious weakness of mine. I'm currently networking and looking for a temporary internship in banking/finance to help me out there.

Thanks for the Pearlbaum tip. I'll definitely check it out!

---- Not a wannabe anymore.
 
DoctorAndreSounds like you worked at Travelers. Did you like the program? Piper Jaffray has a pretty big MN office, as well as Lazard MM, and Houlihan also. I thought very hard about going to Carlson undergrad

Not Travelers. Close. My opinion about all Leadership Development Programs is they make you a mile wide an an inch deep. Versed in everything, expert in nothing. They're a good "intro to business", but after the first 18 months top-performers head to greener pastures.

---- Not a wannabe anymore.
 
MinneapWannaBeBanker
DoctorAndreSounds like you worked at Travelers. Did you like the program? Piper Jaffray has a pretty big MN office, as well as Lazard MM, and Houlihan also. I thought very hard about going to Carlson undergrad

Not Travelers. Close. My opinion about all Leadership Development Programs is they make you a mile wide an an inch deep. Versed in everything, expert in nothing. They're a good "intro to business", but after the first 18 months top-performers head to greener pastures.

Could you please expand on "greener pastures"? What exit ops do these FLDPers have? I'm thinking of maybe doing General Mills FLDP for 3 years and going to a top MBA.

 

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