Table of Contents
How do you know if you would be a good investment banker?
What Skills and Traits Make a Good Fit?
- Willingness to work extremely long hours (80+ per week)
- High attention to detail.
- Ability to take direction well.
- Team player.
- Great at Excel, Word, and PowerPoint.
- Strong accounting and finance knowledge.
- Excellent financial modeling.
Do traders or investment bankers make more?
At the big brokerage houses, traders, as a group, often bring in more revenue than investment bankers. In this environment, restructuring-related banking and advisory work could be a big revenue source. Traders may still generate returns through short-selling, but Mr.
What do I need to know for a sales and trading interview?
The main categories of sales and trading interview questions are:
- Fit / Behavioral – Including your story and “Why trading? / Why sales?”
- Market – Including your knowledge of recent events, key market indices and prices, and stock pitches or other trade ideas.
- Product / Client – Can you explain the Greeks?
Is it better to work in M&A or trading?
“In trading, you’ll be sat in front of a screen all day, making quick decisions about what to buy and sell. If you work in M&A, you’ll be working on long term deals that can take time. – If you’re happy to spend a year of your life on a transaction and that feels good, then M&A is for now.
How do you answer the why investment banking question?
With The Big Picture Method, you answer the Why Investment Bankingquestion by talking about how you started out on another path but shifted your interest to finance over time. This one works best if you’re: A Career Changer (at any level). A Non-Finance/Accounting Major. Interviewing with an Industry Group.
How do you choose your ideal banking career?
When you’re choosing your ideal banking career, you also need to consider the pace at which you like to work and the speed at which you like to get feedback on your decisions. If you work in sales and trading, you’ll like your feedback fast, says Horton.
What is the work-life balance of an investment banker?
Work-life balance is a misnomer in investment banking because work is life. Asset managers keep more reasonable hours. While a person’s exact working hours vary based on their employer, 40-to 50-hour weeks are pretty standard in the industry, with occasional Saturday work required but weekends off for the most part.