High Finance Thread

Originally Posted by Unregistered

Personal view is BB back office is better than local banks IB. Apart from higher starting pay, anyone who can get into the former outfit should learn how to position his way to a more noticeable section or department in order to achieve higher visibility by upper management. With internal networking and upgrading the BB employee should be able to attain a basic remuneration of 10k by early thirties. That's pretty comfortable. Whereas in local IB I am just put off by its small capital market and M & A activities.

It depends on what you want.

If you just want to climb the corporate ladder and be a team head / mid-senior management by a certain period, MO/BO can offer you that too.

Those who went local IB despite the deal flow and pay obviously have something else in mind that they want to get to.

Enough with the local bank FO, BB BO

May I remind you this is High Finance thread?

We only talk about profession that earns you 10k++/month here

6k generalist M&A at mm bank VS 10k investment role at buyside firm, specializing in a certain asset class.

Which would yall take?

Originally Posted by Unregistered

6k generalist M&A at mm bank VS 10k investment role at buyside firm, specializing in a certain asset class.

Which would yall take?

The higher paying salary lmao

Originally Posted by Unregistered

6k generalist M&A at mm bank VS 10k investment role at buyside firm, specializing in a certain asset class.

Which would yall take?

Go buyside

Hello, is it possible to pivot from risk into IB/ trading. I did learn some stuff such as basel III and risk weighted asset technicals from my stint in risk.

The level of douchery here is just mins boggling. Lol.

Originally Posted by Unregistered

Hello, is it possible to pivot from risk into IB/ trading. I did learn some stuff such as basel III and risk weighted asset technicals from my stint in risk.

Nope tough luck buddy. Based on experience IB prefer to hire fresh grads at analyst level as they are younger and can do more grunt work

Once you do another job you’re pigeonholed - unless you’re willing to start fresh from a year 1 analyst. But as mentioned if they have to choose a year 1 analyst between you and a fresh grad from Wharton / havard first class bo ours with relevant internships, you know what the answer is

anyone got color on bonus numbers for s&t on a junior level?

is there a large difference between desks and tier of banks (e.g. GS/JPM/MS vs BNP/Nomura/HSBC)?

Hi guys, got offered an IB internship but they are paying 1.3k per month of work with no OT so is it worth going for it? gotta take an loa for it.