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How to break into the investment banking?


I have BA in Accounting and Finance. What type of experience does it require?

In today's environment a MBA in finance would be a minimum requirement. Because of the economic conditions at this point you probably will need to be patient to get a job in investment banking. Check out the Bear Stearns story today. Lot of experienced investment bankers will be shopping their resumes, just in case. A BA in accounting and finance will probably qualify you for getting the donuts and coffee. Sorry, but those are the facts.

I assume your talking about a firm like JPMorgan Chase... or one of the real Investment Banks. Not some bottom dwelling day trader. I currently work for JPMC and know the difference...

In general, an M.B.A., requiring two years of post-college study, is required to rise in the field, though entry-level jobs in analyst programs are available to college graduates who want experience in the profession. Analysts perform much of the grunt computer crunching required in preparing financial proposals, though they often travel to sit in on meetings with clients and sessions in which senior bankers pitch ideas to prospective customers. After two years, analysts usually move on, either to business school or to another profession, though a few are offered jobs as associates, the position which investment banks offer to M.B.A. holders. In many banks, this is as far as one can rise without an M.B.A., though there are exceptions, and a few prominent bankers never went to business school.

Surprisingly it doesn't take a rocket scientist to make huge returns in the stock market. You just need to take a little time to learn how to invest.

This site breaks investing down into simple English.

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