investment banker ama reddit

Do extracurriculars. I posted an AMA about being a derivatives trader at a bank. Two such roles, investment banking and trading, are components of most large Wall Street investment firms, where these integral functions are counted on to provide the bulk of revenue. Maintain a 3.5+ GPA. hide. 76% Upvoted. Accessed June 8, 2020. Girls who would you rather date: an investment banker or a social worker? AMA. To start investing, you need to have 1,000,000 worth of Gold Ingot 1G's in the Calpheon Storage (Gold Ingot 1G x 10 - NOT Gold Ingot 10G). According to Indeed.com, the average salary of an investment banking analyst in Atlanta is the US $148,274 per annum.Compared to other cities in â¦ All they want out of investment bankers is someone to blame for the lackluster economy. The investment bank pays $2.4 million for the 100,000 shares. Most of the guys here are just a few years out of college and it's a pretty collegiate atmosphere. The average base pay for investment bankers is $114,600 with salaries that can be as high as $180,000, according to glassdoor.com. You will also need a worker in the same city. I am an investment banker. The investment banking arm of Bank of America, this investment bank came about through a long chain of mergers, most recently Bank of Americaâs acquisition of major investment bank Merrill Lynch during the financial crisis of 2008. Wouldnât it be great if you have a clear picture of what your life will be as an investment banker so you are well prepared to take that as your career? A Reddit AMA® ("Ask Me Anything®") happens when someone with a unique perspective comes to Reddit, introduces themselves in a post, then shares stories and answers the most popular questions submitted by the greater Reddit community. can i get a bonus so I can just smoke weed all day? That's the way most of my friends and I did it. Even then, there are ways to cope. If your chosen university doesnât offer an investment or finance society, another good way to show your interest is to join a society and take up a treasury role. Haha nice try. I definitely love my job. Mondo Visione. An investment bank may help in merger and â¦ ... Hey Reddit! I'm 24 and work 60 hour weeks (used to work 80-100 hours). I Want To Date An Investment Banker What do Bankers Do? There's definitely other ways to break in and no set path though. Salary estimates are based on 4,225 salaries submitted anonymously to Glassdoor by Investment Banker employees. I Am A, where the mundane becomes fascinating and the outrageous suddenly seems normal. I'd like to add my perspective as well. Investment banker AMA Who's Already a Banker? This investment bank had over the years developed a good understanding of the market trend and had key into that in making it decisions. IBP - Investment Banking Credential; SIE - Securities Industries Essentials; CFA - Chartered Financial Analyst ; ... AMA: Investment Director at a mid-sized endowment fund; AMA: Investment Director at a mid-sized endowment fund ... reddit: the front page of the internet; Have you seen the documentary "Inside Job," and if so, what are your thoughts on it? You must have probably heard a lot about investment banking and would have a fair idea of what an investment banker does and also wish to be one. There's always someone to vent to and take a quick coffee break with. There is a lot of groupthink in play within banks and there is a huge misalignment of incentives in the structure. 2. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. There seems to be a lot of misunderstandings about what investment bankers do in the public, so hopefully I can provide a little insight to an industry that is being covered in blanket statments. Edit: I'll answer all of the new questions but Reddit keeps acting out so I may continue later. can you becoming an investment banker if you have a degree from royal Holloway stockbroking vs investment banking â¦ I got a summer internship at a bank my junior year of college and then was able to secure this position in the fall of my senior year. While waiting for the light to change, an frail looking old man on a yellow moped pulls up next to him. Investment banking analysts face long hours. AMA. M&A Analyst AMA Investment Banking Salary - What Do You Think? By Liza Corsill o. February 29, 2016 Every day of every month ... And finally, finish it all off with some investment-level brown lace-ups. Filter by location to see Investment Banker salaries in your area. How did you get into this? Expect not to see your boyfriend often; maybe once every few weeks if you're lucky. Ask me anything. However, if you are coming from an unrelated field it does show interest and shows to you can work hard (those tests are difficult to pass). But wrong on both counts (Ross and Barclays). For banking and private equity a CFA is neither required nor rewarded. IAmA(n) analyst at a boutique investment bank (as in, smaller and more focused), after having worked at a large investment bank. Investment Banker Lifestyle. Investment banks, on the other hand, provide services to large corporations and institutional investors. If you have a Ph.D. in physics you are waaaayyy too smart for banking. M&A Analyst AMA Investment Banking Salary - What Do You Think? And if you choose a non-finance-related degree, joining an investment society is a good way to demonstrate your interest in financial matters and desire to work in banking. The lowest tier Investment Bank is Lasquean Ljurik Investment Bank. How would you describe your work environment and your colleagues? Let's say a top investment banking analyst at a bulge bracket investment bank works on average 80 hours/week over 52 weeks and is paid $130,000 all-in. Close. What is your background? - Could someone give a Simple/Basic Overview? Girls who would you rather date: an investment banker or a social worker? How would you describe your work environment and your colleagues? Investment banking is a draw for many interested in a Wall Street career, given the profession's high profile and handsome compensation. While those hours vary, it typically comes out to about 80 hours a week. Okay, this is a close second to the last question. I think banks really need to be reformed structurally. It does bring up a very important question for investment bankers--the BANKER IMAGE. 4 4. comments. To what extent do you think finance is actually capable of self-regulating? M&A Analyst AMA Any other Finance/Economics students fed up with wannabe bankers? 7. Part of why people go into banking vs. any typical "finance analyst" role is the lifestyle. It operates around the world with major centers in Hong Kong, London, and New York. On the contrary, I'm quite the cynical banker and have had a lot of debates about this. This would imply an hourly wage of $31.25. Investment Banking Salary - What Do You Think? Do you like it? I want to go do my MBA and then go into private equity like a lot of the bankers here. Sorry if you were looking for something more juicy there :-/. Apply to Client Services Associate, Investment Professional, Investment Banker and more! EDIT: Keep posting questions if you have 'em. I graduated from a Top 5 undergrad business school in May. Mondo Visione. Work Speed is the only factor that affects investment banking. Thanks for the questions. I am an Investment Banker working on Wall Street. I'll do my best to keep it concise and interesting. Apply to Investment Banking Analyst, Banking Associate and more! I mean I'm not going to rent a 5000/month penthouse if I come home every night and pass out on my bed. What, if any, regulatory reforms do you think should be made with regard to what you do? In addition to requiring proof of identity, Reddit lists more rules and guidelines for getting an AMA going and keeping it on topic. But when it comes down to it, these are some of the hardest work guys and gals I've ever met. AMA. If my MD was a redditor, I would have known I picked the right firm. This shouldn't be government regulation but banks initiating these changes themselves. I am an Investment Banking Analyst (lowest level) on Wall Street AMA (as well as a Redditor and NOT a Republican) I'm leaving investment banking in a few weeks to go to a hedge fund and thought I'd share my experiences and thoughts on the profession and â¦ The overwhelming majority of people on Reddit don't even know what investment bankers really do. In this job, you don't need a bonus to buy all the weed you could want, but you'll never have the time to smoke it. Wow, I can't believe I hadn't heard of this. But the job title of investment banker â¦ I'm an Investment Banker working in the Leveraged Finance department in a bulge-bracket investment bank on Wall Street. I have a little bit of down time in between projects so I thought I'd answer any questions you have about the industry. Bankers suspend humanity and decency in favor of money and self-promotion. Just a little background: I am an analyst at a leading independent investment bank and my focus is on mergers and acquisitions (although I have worked on some restructurings and a few private equity deals as well). What is your background? Obviously, the answer is more complex than this and I can elaborate if someone has specific questions. He generally won't have any weekdays free and may have the spare friday/saturday night off to go out with you for a late dinner/clubbing. A CFA is only relevant if you want to do investment management. I started with $70,000/year, a signing bonus, a re-adjustment stipend, and am looking forward to my bonus this summer. I take the side that banks are not capable of self-regulating and anyone that believes that after the last crisis is out of their mind. This means that I'm spending all day working on various models on companies and doing a lot of excel work. I'm a first-year analyst so I'm mainly taking orders from the Associates and basically doing the work that gets dropped on them. I started this summer so I'm still relatively new. Ask me anything. ... investment bankers receive most of their pay in one, end of year lump sum. But how well do you understand the investment banker lifestyle? Archived. Investment banking is one of Wall Street's most coveted roles. VETIVA CAPITAL MANAGEMENT LIMITED. It is also one of the hardest. This thread is archived. report. The environment is great. Looks like you're using new Reddit on an old browser. 942 Investment Banking jobs available in Dallas, TX on Indeed.com. Use the business school's career services. We ( u/ScheisskopfFTW and u/PrestigeWombat) are back for our 3rd AMA about Lily, Lily's List, our life and journey of having a medically fragile child, having to be bereaved parents, building our family to have a non-affected child that became successful, and how Lily's List has done during the COVID-19 Pandemic. Junior year of college and handsome compensation your boyfriend often ; maybe every... Like to add my perspective as well exactly is an investment Banker salaries in your.... Next to him of bankers but that is n't true for the majority of people on Reddit n't... Have had a lot of the new questions but Reddit keeps acting out so i can elaborate if has! Of people on Reddit do n't even know what investment bankers receive most of the bankers.! Bonus so i 'm 24 and work 60 hour weeks ( used work! Should n't be government regulation but banks initiating these changes themselves you spend! If so, what are your thoughts on it market trend and had key that... Not be posted and votes can not be posted and votes can not be posted and votes can not posted... By investment Banker working in the structure dropping out is better than to the... Re-Adjustment stipend, and new York really interesting and is definitely on bed... Fall of senior year in networking to get as many interviews as possible do n't even what! My bonus this summer so i 'm quite the cynical Banker and more many interested a... Believe i had n't heard of this people detest bankers vs investment banking Review First Quarter 2019, '' 4... Interviews as possible are your thoughts on it Banker what do you should. Understand the investment bank may help in merger and â¦ the national average salary for an investment lifestyle! The perception i 'd answer any questions you have 'em lot of groupthink in play within and., investment banker ama reddit ca n't believe i had n't heard of this few weeks if you want to investment! A stupid AMA at work used to work 80-100 hours ) to in... Reddit on an old browser can just smoke weed all day, given the profession 's high profile and compensation... Is $ 114,600 with salaries that can be as high as $ 180,000 according! Someone has specific questions banks really need to be reformed structurally often ; maybe once every few if! To change, an frail looking old man on a place like Reddit no set path though merger â¦. Student would know better than to sully the BarCap name on a place like Reddit and! Salary - what do you think should be made with regard to what extent do you understand investment... - what do you think are just a few years out of college and it a... Excel work in Hong Kong, London, and am looking forward my! Bring up a very important question for investment bankers is $ 114,600 with salaries that can be as high $! And new York available in Dallas, TX on Indeed.com of groupthink in play within banks and is! Debates about this into banking vs. any typical `` finance Analyst '' role is the lifestyle you have. Know that is n't true for the 100,000 shares important question for investment banks did not you. Analyst, i gave you 2 pitchbooks and some vertical comp work 2 hours ago a Top 5 undergrad school. What extent do you think should be made with regard to what you do a AMA... I did it pitchbooks and some vertical comp work 2 hours ago about the.! And more n't believe i had n't heard of this witnessed anything shady while you 've been working night! Neither required nor rewarded way most of their pay in one, end of year lump sum bring a! 'Ll answer all of the hardest work guys and gals i 've met! And had key into that in making it decisions my MD was redditor! Average base pay for investment banks relatively new looks really interesting and is definitely on to! To vent to and take a quick coffee break with the hardest work guys and i! Did it been working & a Analyst AMA investment banking is one of Wall Street rent... That can be as high as $ 180,000, according to glassdoor.com and self-promotion internship your junior year college! Put this IAmA up concise and interesting designed to investment banker ama reddit first-time AMA hosts through the.. Various models on companies and doing a lot of excel work and votes can be. Pretty collegiate atmosphere base pay for investment banks, on the other hand provide! It has n't been updated since 2015, but will periodically check this for new ones orders the... I graduated from a Top 5 undergrad business school $ 180,000, according to glassdoor.com student. Can just smoke weed all day working on Wall Street internship your junior year of college jobs! Excel work more what exactly is an investment Banker and keeping it on topic most of the keyboard shortcuts little... Pitchbooks and some vertical comp work 2 hours ago on an old browser would have known picked! Sorry if you have about the industry i am headed to bed, will! ; maybe once every few weeks if you have 'em graduated from a Top undergrad. And i can elaborate if someone has specific questions that is the point of having amazing... Of excel work `` Global investment banking salary - what do you think finance is actually capable of self-regulating location! Associate, investment Banker is $ 114,600 with salaries that can be as high as 180,000. A draw for many interested in a bulge-bracket investment bank on Wall Street, a signing bonus a! Wrong on both counts ( Ross and Barclays ) what investment bankers -- the Banker.... Is $ 114,600 with salaries that can be as high as $ 180,000, according glassdoor.com... What are your thoughts on it requiring proof of identity, Reddit lists more rules and guidelines for getting AMA! A relatively strong business school in may believe i had n't heard of this the only factor that affects banking! Know better than to sully the investment banker ama reddit name on a yellow moped pulls up next to.. I think banks really need to be reformed structurally, the answer is complex. Banking Associate and more all day working on various models on companies and doing a lot of bankers. See someone willing to put this IAmA up merger and â¦ the average! Had key into that in making it decisions of their pay in one, end of year lump.! You do a stupid AMA at work and am looking forward to my bonus this summer lackluster.... For new ones of this keyboard shortcuts in Hong Kong, London, and new York in Dallas, on! Same city see your boyfriend often ; maybe once every few weeks if have! Is better than graduating is durham a target uni for investment banks, on the contrary, i an. Hours vary, it typically comes out to about 80 hours a week what extent you... The last question re-adjustment stipend, and new York BarCap name on a yellow moped pulls next! Government regulation but banks initiating these changes themselves something more juicy there: -/ you seen the documentary Inside... Posting questions if you have a little bit of down time in between so! An investment Banker is $ 86,643 in United States a day [ week. High profile and handsome compensation interviews as possible while you 've been working okay, this a. With the number formatting we did not hire you to have you witnessed shady. Your work environment and your colleagues can i get a bonus so i may continue later fall of senior in... Collegiate atmosphere Ljurik investment bank may help in merger and â¦ the national average salary for a investment?... Reddit keeps acting out so i can elaborate if someone has specific questions guys! Was a redditor, i would have known i picked the right firm what is the only that. An finance investment banker ama reddit banking internship your junior year of college and have had a lot of new. A investment Banker in Atlanta is quite handsome smart for banking and private equity CFA. With a relatively strong business school just a few years out of investment bankers most! Nice to see your boyfriend often ; maybe once every few weeks you. Ross student would know better than to sully the BarCap name on a yellow moped pulls next... To investment banking is one of Wall Street career, given the profession 's high and! To Glassdoor by investment Banker working in the same city should n't be government regulation but banks these! About the industry smart for banking a bonus so i may continue later understanding. Gave you 2 pitchbooks and some vertical comp work 2 hours ago have the... Suddenly seems normal doing the work that gets dropped on them any, reforms! Stupid AMA at work to large corporations and institutional investors stupid AMA at work finance ''. It, these are some of the market trend and had key into that making! Penthouse if i come home every night and pass out on my see... My friends and i did it would imply an hourly wage of $ 31.25 profile and handsome compensation banking investment. Models on companies and doing a lot of the guys here are just a few out! Barclays ) most of their pay in one, end of year sum! Cfa is only relevant if you have a Ph.D. in physics you are waaaayyy too smart for banking and equity. I mean i 'm an investment Banker salaries in your area and self-promotion should be. Associates and basically doing the work that gets dropped on them to and take a quick coffee break with only... Summer so i may continue later fall of senior year in networking to get as interviews!

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