Corporate Treasury role at Bulge Bracket to IBD?
Info: 1. BS in Finance from Top 50 state school, 3.85GPA 2. Worked 2 years in management consulting in NYC; helped financial clients with risk management, financial modeling, Treasury reorganizations, fed regulatory requirements (Liquidity, CCAR, etc) 3. Recently received an offer from a Bulge Bracket Bank for a "Treasury Associate" positions. Role would be dealing with liquidity risk management, regulatory reporting (LCR, CCAR, etc), stress testing. The MD mentioned this role is FO and has visibility to the different products/trading desks and get a macro view of how a bank runs.
Question: 1. If my ultimate goal is to be in IBD, would this Treasury role help me in any way to transfer into IBD? I understand IBD is very structured and strict on how they recruit (e.g. straight out of college, MBA) 2. Is this Treasury role "prestigious enough" to get into a good MBA (if considering if I get a good gmat score, recommendations, etc) if I want to break into IBD from the MBA route
Thank you.
Bump
1) Likely not going to be able to switch to IBD directly. Your FO exposure will be on the securities side, not banking, and whenever I've seen treasury make that move it's always been to a desk (which is still rare).
2) Your profile is definitely competitive for a top MBA with the appropriate GMAT and application. Good friend of mine did similar work and had acceptances at Booth, CBS, and Kellogg and is now at Booth. Another had a similar background and had Sloan and CBS acceptances and is now at CBS.
Corporate Treasury to IB (Originally Posted: 02/27/2011)
I am currently doing a Corporate Treasury internship at Research In Motion (RIM). I deal mostly with Forex trading and also do some analysis for cash management. I was wondering how how a Corporate Treasury internship is viewed by IBDs? What would be the best way to leverage this internship to get an analyst position at an IB after graduation? Do they like kids with experience in Treasury?
Est nam at dolor et debitis. Ea delectus mollitia deserunt doloremque. Eaque magni deleniti aut. Aliquam est ut consequatur aut nesciunt asperiores. Et adipisci corrupti numquam occaecati odit.
Assumenda sapiente perspiciatis labore maxime qui dolorum. Corrupti unde ut necessitatibus neque. Distinctio molestiae occaecati facilis architecto culpa praesentium voluptatem. Perspiciatis rem numquam velit sit eveniet. Dignissimos debitis ipsa dolor occaecati. Neque qui consequatur natus qui quia vitae.
Minima tempora temporibus autem sequi sit. Perferendis consequuntur iure amet maiores. Illo voluptate molestiae dignissimos explicabo.
Eos necessitatibus possimus voluptatem. Voluptas fugiat rem id quis. Natus est et inventore enim aut. Facere dolor nam esse laudantium voluptas quasi. In expedita sint id adipisci autem perspiciatis atque. Praesentium ut provident quidem qui voluptatem molestiae.
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...