I know the basics. I know what work is done, I know why people do IB and the ops in the future. Apparently, I don't know shit about specifics though.
I was talking with a bunch of current analysts and incoming analysts about various aspects of investment banking, the news, the market for banks, various companies and deals, successful groups at different companies and best groups to be in etc..
I realized that I wasn't saying a damn thing. I was listening and feeling retarded.
I start as an Analyst in June.bank.
What can I do to prepare so I'm not a total loser by the time I start. I do not want to be this clueless. What do I need to know before I start so that I can hold a conversation with a VP or MD(if I'm ever in that situation) and not feel like a total idiot.