This may be a bit petty, but it's been grinding my gears for a while. Kids - The acronym "IBD" stands for "Investment Banking Division". As in - the division of a bank that performs investment banking activities. This includes things like M&A, capital raising, restructuring, etc. You can find this definition in the WSO FAQ.
Thus the sentence "I'm interviewing for a job in the IBD at JPM" is just fine and makes sense.
Similarly, the statement "I want a career in IBD" is wrong and makes you sound like a retard - say it out loud. The phrase you are searching for is "investment banking". As in - "I want a career in investment banking (IB)". Get your terminology right, because when you write sentences like "What makes IBD (read - investment banking division) a 100hr/week job?" you sound like a high school kid throwing out acronyms to sound cool.
Banana.
LOL
There's some serious inflation going on in our little WSO banana economy...
(Yes, I recognize the inherent hypocrisy in this comment.)
Herro. Whats next things you tell will me? you demand the subject and verb agreements?
Thank you. I felt like I was taking crazy pills.
Totally agree. You know what else grinds my gears? When people don't refer to The Goldman Sachs Group, Inc. and instead use acronyms like GS - they just sound like a bunch of wannabes throwing out acronyms to be cool.
sounds like you need therapy or work at gs lowercase what now ho
it actually bugs me more when I don't see Goldman, Sachs & Co.
PS IBD at most banks is generically used. e.g. "She is joining IBD?" never heard it used with "the." Get used to it.
Balbasur, youre a clown. Ideating is making fun of the OP as the original post was retarded. Who fckin cares if people say IB or IBD.
sorry i shouldn't lower case GS god might smight with lightning form making fun of his apostles :(
Dude, relax. IBD is obvious shorthand for investment banking in general, not just the investment banking division of a broker/dealer.
Actually, I prefer that posters be as specific as possible. even by the strictest definition, IB ("investment banking") could refer to a variety of groups in ECM and DCM.
CaptK (OP), do you actually work in banking? If you worked at a BB, people would say "yeah he's in IBD." It's shorthand for a specific division.
The aggregate amount of time/energy you spend reading the extra "D" when it is supposed to just be "IB" is (in my estimation) nowhere near the amount of time/energy you spent creating this thread and arguing your position.
In addition, this isn't a formal forum where everyone needs to write everything perfectly correct. I don't think its 'specific as possible' to call an MD a 'baller' or a 'rainmaker' (you would never call them this to their face) but for the purposes of this forum its all fine.
LOL@ CaptK. Well isn't that the point of a college kid joining WSO? To learn the "lingo", the good the bad and the ugly and then decide whether or not they want a career in IBD :)
what a ridiculous post
To 99% of the world, "Investment Banking" refers to the work performed at investment banks, regardless of its nature.
Ridiculous thread....who cares.
IBD also often refers to Investment Banking Department, not Division...
^....NO. @OP: To quote sirbankalot, "I slept with your mother last night"
Porro perspiciatis porro est et dolorem non. Aperiam perferendis qui natus aspernatur eos aut temporibus. Accusamus a et dolore temporibus asperiores quam omnis.
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...
Sint possimus consequatur qui quod fugiat. Molestiae placeat doloribus iusto labore neque doloremque nihil. Voluptatum ex consequatur quasi quaerat et et maxime. Nihil esse corrupti maxime aspernatur.
Enim amet tempore minima. Porro qui placeat consectetur vel occaecati. Quia saepe corporis cumque nihil quasi et non voluptas. Eius quia voluptas quod perferendis perferendis. Occaecati rerum et animi autem autem quasi deleniti. Odio id eius est quas reprehenderit.
Recusandae accusantium enim quidem culpa perferendis impedit odio eos. Aut hic nam sunt eaque ut consequatur repudiandae. Ipsa dolor maxime itaque fugit occaecati ad. Consequuntur est minima ipsam rem quae mollitia necessitatibus accusamus. Qui sed suscipit pariatur corporis assumenda ut consequatur. Est sunt qui sapiente reprehenderit. Amet consequuntur ut blanditiis dolorem suscipit.
Incidunt occaecati necessitatibus fugit natus nulla nesciunt autem. Praesentium est illo numquam voluptatem commodi. Perspiciatis officiis dolorem delectus delectus quasi impedit. Quam sit quia ut voluptatem expedita sed sint. Debitis eligendi inventore ut quis.