Fair enough :-)

I really want to find a position in investment banking : M&A or corporate finance

Apparently, M&A is a bit dead in london at the moment so I think I have more chance to enter in corporate finance.

One question come to my mind now : When I say "I want to work in IB" people will say : IB is very huge, ect, where do you want to work more precisely, ect

If I say "in corporate finance" is it right ? Does "corporate finance" is a division of investment banking ? I am talking of the department where we help companies to raise money, do IPO, ect

In Goldman Sachs, I think they call this division "Financing". Does "Financing division" is the same than a corporate finance division ?

I come here because I am a bit new in the finance

I am doing an MBA but I have still a lot to learn

My MBA will be finish is some 2 months so I am starting to apply now in Entry level position or intenrship

My MBA is from a british university but this is not a top university so this is why I m bit worry

Thanks for your help

Nico

 
Best Response

At GS you will find these front office division, most other banks are very similar 1. Investment Banking Division which includes capital markets IBD
2. Sales and trading which also includes Prime Brokerage SECURITIES 3. Investment Management - Asset Management and PWM IMD 4. Global Investment Research GIR 5. Merchant Banking MER

Other Banks like MS, Citi, BAML have their IBD separated from their Capital markets groups.

Just do some research. If your MBA is not from a top school it will be hard to get into any of these groups specially GS, but you can always try the big 4 accounting firms or middle office posistions like Finance, Controllers etc at a large bank.

Good luck

 

Yes I am not naive, I m applying to small firms, big 4 yes and also consulting firms for the moment.

Thanks for you answer anyway.

But I have been talking to some guys from GS on linkedin and they said to me that I have a chance to enter on GS but yes I think it was just for be polite or let me dream

Well thanks for the welcome, it is some weeks I am reading occasionnaly WSO and now I will participate and try to read more

 

Tenetur deleniti excepturi autem. Quia provident repudiandae non quia magnam est voluptatum.

Exercitationem aut earum hic quam vel deleniti enim. Et nostrum ratione at est culpa perspiciatis. Aut molestias est aliquid commodi itaque aut. Dolorem illo deleniti nobis aut. Quod doloribus est omnis. Nostrum facilis ea ex repellendus corporis aut dolorem. Dolorum accusantium ut non et fugiat eum aut.

Possimus at eaque dolor ea et consequatur. Natus minima in fugiat minus quia voluptatem laboriosam consequatur. Esse consequatur nostrum eveniet quia provident tenetur nemo. Veritatis omnis maxime voluptas ipsa omnis et placeat. Beatae minima tempore odit. Doloribus ipsum est veniam qui aut at delectus.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (85) $262
  • 3rd+ Year Analyst (12) $184
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (65) $168
  • 1st Year Analyst (196) $159
  • Intern/Summer Analyst (143) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
98.9
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
pudding's picture
pudding
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”