Is it true that for every 1 successful investment bankers, there are 999 that fail?

is it really that hard to do this job and make money at it. i dont necessarily mean millions a year but a hundred or two a year or a little more. i do plan on going to a top mba program so getting hired, even if i do end up going to a smaller regional boutique shouldnt be a problem

You either are an investment banker or you aren't. If you fail you find another job just like anything else. The hardest part is getting into the job. The rest is just busy work and a lot of it. If you don't have good grades, experiences, or connections then you should look somewhere else. If you don't go to a fancy MBA school or undergrad school then look somewhere else. They won't take just any MBA student.

The investment banks like their employees to have fancy credentials to show off to their clients. Even though in reality, these Ivy League MBAs may not be as bright as an MBA from a lesser known school. So do well in undergrad and study engineering or economics or something with a lot of math that will make you look smart.

Ask yourself why you want to be an investment banker or why you want an MBA. Do you even know what investment bankers do? Because most people don't. You can be just as successful working at a commercial bank or doing something else.

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