Jan
06
What are different fields of Investment Banking, and what is usually involved at the associate level?
Filed Under (Investing) by investment
willnyu1982 asked:


I’m interested in the field, but don’t have much experience. I’m interested in Global Markets and would like to get some general information about this field and investment banking in general.

ISMAEL
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Comments

reagonontherock on 7 January, 2008 at 3:58 am #

JERE

ther’s really only 3 levels; The Rich Guys, the Stiffs, and The Slaves. As an entry level dude, you’lll be A Slave. The hours are brutal, and 80% of the slaves get washed out, burned out, or fired. But if you’re one of the 20%, then you’ll be A Stiff. The Stiff usually is a guy in his 30’s, he works alot, but the cash starts to tumble in. And you’ll have your’re own stable of slaves. 80% of the stiffs either get washed out, burned out, or fired. Now, if your still with me here, you’re a Rich Guy. Rich guys become obscenly rich, and they live a very good like, until the keil over from a heart attack, generally around 52.


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