Enter Investment Banking Without Experience?
I am 25 years old, and I am working as a freelance writer for the past 5 years and just joined a company as a SEO/Web Marketing Executive. I also have around 2 years experience of working as a customer support executive for a telecom company and a few online companies. I am in my final semester of Bachelor of Business Administration and in the Foundation Course of Company Secretaryship. I have always wanted to be in the investment banking sector. I want to be the trusted financial advisor to the CEOs and Directors, in their developmental decisions about the company. How do I proceed about it? Should I leave this job? And look for something related to business and finance? Will sales job count? Should some stint in the stock market as a financial analyst count? Should I go for a business analyst position after working as a web marketing executive? What degrees and qualifications are needed? Will my IT experience count? Will my writing experience be of any value? I am so confused! Please advise me. Thanks.
Asked By: Ron - 3/11/2011
Best Answer - Chosen by Asker
I don't think you quite understand what they do. It's a broad field. You're not going to be doing all those things, you specialize. If you're into trading, you would work in the Sales & Trading division. Contrary to popular belief, investment banks don't just trade stocks. There's debt, different commodities... More
Answered By: La - 3/13/2011
Additional Answers (2)
It's sounds like you're interested in the corporate finance practice of an investment bank. You're best bet is to apply for Analyst positions on the corporate finance team. Investment banks recruit for candidates straight out of BBA programs, so you're on track, but the process can be highly selective... More
Answered By: Hugo's Roomy - 3/14/2011
Instead of jumping right into the big companies for investment banking, try finding a boutique investment bank and getting a job there. With a few years of experience there, you can move on to bigger companies and eventually be making 10 million dollars or more a year at a company that you did not start.
Answered By: Robert Weinstein - 3/15/2011
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