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Do you have to live in New York to be an investment banker?
However, new data suggests that the income disparity between New York and other locations in the U.S. is only prominent at the lowest rungs of investment banks. Once you hit a certain level, pay is more correlated with performance, not location.
What do IB analysts do?
An investment banking analyst evaluates and researches investment opportunities with the aim of finding the investment that best meets the goals of their corporate clients. Investment banking analysts assess opportunities and recommend investments based on client needs and goals.
How do I survive as an IB analyst?
11 survival tips for analysts and associates in investment…
- Never ask for work.
- But don’t get comfortable.
- Ask for help, but try to avoid bothering your manager.
- It is, sadly, really all about the team.
- Don’t get drawn into competition with your peers.
- Have a clear career plan.
- Move around.
Should I start my tech banking career in New York or California?
It depends how certain you are of your “ career path ” – if you’re interested in doing tech banking and then doing a venture capital career in California, you’re better off starting in SF and networking with tech and VC groups there. But if you have no industry preference, you’ll gain more options by starting out in New York.
Is banking different on the East Coast vs the west coast?
As one reader pointed out a while back, “Hearing about all these different countries is great, but what about how banking is different on the east coast vs. west coast of the US and everywhere in between?” Many people claim that the pay and hours differ significantly and that New York is more “hardcore” than other regions.
What is healthcare investment banking (IB)?
Healthcare Investment Banking Definition: In healthcare IB, bankers advise companies in the biotech, pharmaceutical, medical device, healthcare service/facility, and healthcare IT markets on mergers, acquisitions, and debt and equity capital issuances.
Which bank is best for tech investment banking?
Technology Investment Banking League Tables: The Top Banks All the bulge brackets have strong tech/TMT teams, but traditionally, Goldman Sachs and Morgan Stanley are known as “the best” (highly subjective). As you can see from the transactions above, though, plenty of other large banks advise on tech mega-deals: JPM, BAML, Citi, CS, and more.