How To; I-Banking

AxionJaxion

Baboon

10y

Slash-Finance:

... What are you asking exactly?

How do I land an associate job out of undergrad from UT-Austin?

Generals2

Gorilla

10y

one step at a time

first focus on IB analyst stint

Authored by: Certified Private Equity Professional - 2nd Year AssociateCertified Private Equity Pro

VCPEORIB

Senior Baboon

10y

you can apply to those positions directly out of undergrad, try to get some relevant work experience during an internship

It's all about bucks, kid. The rest is conversation. -Gordon Gekko

IntrospectiveBanker

Baboon

10y

Obvious troll is obvious.

Authored by: Certified Investment Banking Professional - 1st Year AnalystCertified Investment Banking Pro

Mr. Manager

Neanderthal

10y

Best Response

Focus on Analyst out of UG.

Steps:

Join a finance/banking club on campus and network with the kids that are going that route.
Network with the firms at information sessions and career fairs.
Network with alumni.
Learn the basic technical terms to gain a foundation and then build on that as you go through school. Lots of this will need to be done on your own.
Maintain a solid GPA, do interesting extra curriculars, and have fun.
Get internships. Between Junior and Senior year, a good IB internship is one of the best ways of increasing your chances.
Know what you're getting into. The internship helps but if you don't want to work 100+ hours a week, go into something else.
Apply to a lot of firms during OCR. Leverage your network to get interviews.
Don't be a weirdo and know the basic technicals.
Collect job offers.

There are variations to this, but this is pretty basically what I've seen. (I had a Big 4 job offer basically guaranteed and I went conservative and took it. I'm now off-cycle recruiting and many of the steps are the same but I don't have the benefit of OCR.)

To answer your question above, everybody is different. Some people cap after analyst and move into PE or HF or CorpFin or get MBA. Associates often join post-MBA and are there for a longer term. Don't worry about anything post analyst level. It's hard enough to become an analyst; you can figure out the rest later.

See my WSO Blog

heister

Human

10y

You want to know how to land a job? Go to the MDs office uninvited on the week leading upto the close of the biggest deal of the year and ask for 10 min because you have a few questions about firm culture.

Follow the shit your fellow monkeys say @shitWSOsays Life is hard, it's even harder when you're stupid - John Wayne

D M

Human

10y

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