10-11-2007, 04:00 AM | #1 |
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Any bankers on this forum?
I would assume not -- simply because the hours are extremely rigorous , etc... but just curious.
Is anybody an investment banker here? or know of any? |
10-11-2007, 04:20 AM | #2 |
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i am a banker, but not in investment banking, i am a credit analyst for things like mortgages, line of credits, credit cards, etc
i have long hours too, but i have colleges who are investment bankers and they are on pure commissions and work from 9-5 LOL!!
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10-11-2007, 05:15 AM | #3 | |
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and for your line of work, do you mean you rate mortgages, etc? Man, if i can land this job, i'll happily work from 7am-12/1/2am... |
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10-11-2007, 05:40 AM | #5 | |
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i just started my job for about 4 months in the biggest bank in the country, im taking a year off school, and i am already missing it :sad0147::sad0147::sad0147:
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10-11-2007, 11:25 AM | #6 |
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i was on my way to be an investment banker. passed my 7 then decided it wasnt for me.
good luck on the job!
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10-11-2007, 02:06 PM | #7 |
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10-12-2007, 05:31 PM | #8 |
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i don't own a bank...but i am an employee
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10-12-2007, 05:33 PM | #9 |
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10-12-2007, 09:21 PM | #10 | |
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it had to be said. sorry ahaha
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10-13-2007, 02:36 AM | #11 | |
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where are you looking to go? i network with quite a few I/Bs out here... merrill, citi, etc...
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10-13-2007, 03:22 AM | #12 |
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go to China, they need plenty of investment bankers there to control the craziness there, LOL~
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10-13-2007, 01:33 PM | #13 |
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I work in the GWM side of Morgan Stanley, who does quite a bit of I Banking. I know a couple of I Bankers at MS too. What do you want to know?
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10-13-2007, 08:10 PM | #15 | |
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10-14-2007, 06:43 PM | #18 |
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yeah IBs def work insane hours... pretty sure you start UNDER an IB as an analyst and basically the lower in the chain you are, the more you work... youre basically their bitch... depending on the deals they have going... id say they average 10 hours a day at a minimum.... alot of potential for $$$ but the quality of life sucks depending on who you work for....
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10-14-2007, 11:27 PM | #20 | |
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Analyst life blows at bulge-brackets firms. Only redeeming aspect of banking: lucrative post-banking opps with PE shops, mezz funds and hedge funds. Starting salary for 1st-year analysts at large firms is around $65K. Year-end bonus has been typically over 1x base in the past couple of years. |
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10-14-2007, 11:42 PM | #21 |
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i'm an analyst but not in IB. but at times our hours are comparable or worse. usually I see 9 to 8 these days
month ends are usually a lot longer. several months back I'd work 9 to 12/1/2 fairly consistently. there was a time when i went into work at noon on a sunday, came out at 4am Monday, got home at 5am, showered, fell asleep at 6 and got up at 830 to start all over again |
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