How do I find an Investment Banking job without prior experience?
I am currently working for a big CPA firm. I have two years of experiences. I am looking to make a switch to Financing, particular Investment Banking. I have been searching for an associate position at many of the IB firms, but all of them seem to require an MBA or IB experience. Due to this reason I am planning to apply to business school. Is it possible for me to find a IB or equity research job without prior experiences or an MBA? If so, how?
Asked By: 3T's - 12/27/2006
Best Answer - Chosen by Asker
In today's America fat chance. I know people with MBAs from decent schools working as tellers. The late-90s are no more.
Answered By: Daniel B - 12/27/2006
Additional Answers (2)
You have very little chance. There are too many people with MBA's and IB experience that will be after the same jobs. You might be able to work at a bank that also has a IB. Then in a couple of years do an internal transfer. Even an MBA might not get you in. One from a good school helps, but there are no... More
Answered By: sonofagunk - 12/27/2006
I recommend you try to find an internship with a smaller bank. Getting into a bulge bracket firm will be tough, but if you can find a way to get in front of a smaller bank, they may be able to offer you an internship. You need to go out and network and meet as many bankers as possible. You have to sell yourself on... More
Answered By: Ace W - 12/28/2006
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
Legitimate Survey for Cash.Extra Money for You,Join Here!
$21/hr Start, Avg Pay $72K/yr No Experience Needed! Get Started.
Click. Search. Apply. Free!
Other Career Questions
Do most mechanical engineering jobs offer job security?
What is your current job? Why did you choose this job? What do you enjoy about your job? What do you dislike about your job? What would be your perfect job? Would you rather have this j...
Where are the jobs? Is productivity and globalization creating a permanent “recession” of jobs? My main issue is I am doing a paper for school and have no idea where to begin. I was hoping suggestions...
Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.
Best-Paying Work-from-Home Jobs
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
2013 Engineering Jobs Outlook
Engineers will find job opportunities in select disciplines in 2013, with candidates who are all-around, client-oriented businesspeople in demand.
Best-Paying Jobs by Major
What could you earn with a particular four-year degree? Find out by checking out this list of the top-paying jobs for 20 of the most common majors.
Eight High-Paying, Secure Jobs
Want to earn a good salary and enjoy a measure of job security as well? Check out these well-paying jobs on tap for fast growth in the coming years.