Assuming you go to a , your first networking in banking experience will be on-campus, and so the question invariably pops up “Is it a strategy worth pursuing?”
Well, for sure – because just like the fat walking-challenged birthday boy, all you have to do is sit around on-campus and wait for everyone (banks, college, clubs) to come to you. It’s just so easy!
The will hold investment banking information sessions, canapé-n-drink fueled networking chats and even interview you on campus, however informally.
Your will lay on financial career fairs, banking career talks and other industry crutch-grabbing shindigs.
Meanwhile will put on mixers for students interested in becoming investment banking analysts, giving you even more contacts and knowledge.
But the catch is you’re not the only birthday boy at this party. In fact your entire year level will be joining you and you’re really not that special.
So the unique quality that makes investment banking networking on-campus so attractive – being how accessible it is – is also its downfall. In fact, it’s so easy to attend that even students with barely-there hard-ons for investment banking will come to these sessions. and almost no barriers to entry.
No wonder then that these investment banking networking events (with or without bankers) are more likely to resemble the killing fields depicted in a National Geographic Serengetti Special rather than a Professional Career Event.
There are to get a fistful of business cards, half-assed answers to lame questions and a couple cups of complimentary liquor.
The final potential death knell is that these events often take place so close to – sometimes even just days before – that they’re unlikely to help you establish any long lived relationships with bankers (unless you are a junior).
Our end conclusion is “, but don’t make this the last stop on your networking ways”.
They are the most gaff-filled event on Earth and yet we still think you should go, so let us explain ourselves.
There’s significant talk out there amongst banking bloggers that on-campus information sessions / mixers are really . And certainly, in some respect they can do more harm than good.
We are talking about events where the sheer number of students trying to stand out and impress bankers is enough to have you bolting for the exits after all – the x-rated is enough to make you reach for the freaking sick bag at times. And with the downright awful, maybe these events should be no gos.
But you get into investment banking. Think bank presentations, 5-1 student-banker conversations, and most of all speaking to fellow grads in the know. And since these are amongst the top 15 goals of networking in banking, on-campus events are worth a shot.
Plus if you take the initiative to make contacts with bankers via very brief intelligent questions and comments, and you (this is the key), you’ll have a rocking time.
(1) we took away pages of valuable scribbled notes and advice, (2) met dozens of high-quality people; both bankers, HR & fellow switched on students, (3) racked up multiple resume passes and (4) received many requests to call and interview outside normal recruiting.
And think about the . We racked up all this courtesy of barely a handful of afternoons and evenings spent on-campus (probably a collective 20 hours in total…that’s it!). The message I’m trying to scream is that on-campus networking is rewarding, painless and efficient. The freaking bankers are coming to you remember…and in droves!
Thankfully if your on-campus networking efforts end worse than my recent Ghanaian-goldmine speculative play there’s still a consolation prize to cushion the blow.
Oh, and perhaps a little lukewarm canapé too?
Check out the complete guide on invesment banking networking on-campus.
Richard is the head writer for Inside Investment Banking – a one-stop shop of advice for students just like you who want to know how to Break into Investment Banking without a 4.0 GPA from Harvard or nepotistic connections on Wall Street.
Created by a team of 5 young bankers, Inside Investment Banking contains all the real insider advice you need to write killer banking resumes, answer tough interview questions, network with bankers and much more.
You can read more Free Tutorials on Investment Banking Recruiting just like the one above by visiting Inside Investment Banking now.
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Talya and Pavle sing and play their original song about Fannie Mae, Freddie Mac and the death of investment banking. check out more about us at www.talyaandpavle.com or more tunes at www.myspace.com/talyaandpavle and yes, that’s a little piggybank…
Many financial advisors will offer free consultations in the hope that you will decide to purchase investmenst products from them.
Although there are many commission-based advsiors who are excellent, there is a growing belief that using a fee-based advisor tends to eliminate any potential conflicts of interest. If an advisor charges a fee- either hourly or based on assets managed (i.e. 1% per year)- then there is no incentive to him to put you in high-commission products for his own gain. There should be no commissions with a fee-based advisor.
Bigups to this Peeps,, Seen !! Blessed are those with the OVERSTANDING & COURAGE to EXPOSE this SHITSTEM.. He’s feeding us the DOWNPRESSED,, Jah Bless !!
I need some1 to talk2… hit me up on my msn live messenger id jane23belle v
Call your state securities commission. They can give you all the information you need. Or contact FINRA at finra.org and they can tell you who to contact in your state.
Yes but this isnt happening fast,its very gradual i think, if its true.
I need to keep analysing the mainstream media for increased right-wing views by respected journalists on current events in british media to work out if its really happening or im just imagining it.
I am worried about Britain & America, i think that the governing elite have become idealogicaly too rigid, just like the elites in the Soviet Union before it collapased!
My suggestion would be that the British and American government should build masses of affordable houses for the working classes, using Keynesian moniterist policies!
but they arent doing this because they are Free Market Fundermentalists who think that the Market solves all problems, why cant they be a little flexible?
I try to look at foreign media to see the differences on world wide events?
What sources of info would you sugest?
Start as soon as possible. Reduce debt. live under your budget. When personal responsibility will determine your nest egg, not social security.
Yes you could learn invest by yourself. it is your money, you should know how to do with it. for starter check this site out.
http://www.pathtoinvesting.org/index_fla…
http://www.stockcharts.com
http://www.streettalklive.com section university. a lot amount of information. It will serve you well
I accumulate in good amount in 401k at the young age.I could share with you. when consider invest in stock market. you should consider basic 3 things:
fundamental analysis==(economic data,finincial health, management, business model, competetion)>>what to buy
technical analysis==(chart+indicator)>> when to buy
Sentiment/schycho analysis==>>mood of investor, Contrarian point of view.
Market cycle===>> check out book Trader Almanac by jeff hirsch will give you inside stuff
When you combine 3 thing, It is one of the powerful knowledge goinh with you for the rest of your live
At the age of 32. my 401k is amassed 74,000.00 and 30000.00 in taxble account. by follow simple rule
I do not find a question in all this, sorry.
I may be able to help but you need to be more specific.
“I need to keep analysing the mainstream media”
The mainstream media is virtually worthless, it deceives by ommission and by reporting government propaganda as being authoritative. You need to go outside MSM for leads and do a bit of reseach on your own.
New York Life
Prudential
Good old fashioned research. There's a plethora of knowledge out there that young and upcoming financial planners ignore while chasing some lead they think they understand or have inside information on. The fact of the matter is most of these leads are bogus and don't generate the epic returns promised by the messenger. I subscribe to the Motley Fool because, while it isn't the best journal on most investments outside of stocks, it is an exellent way of seeing trends in the market.
Once you develop a sense of the trends the economy/market you are studying takes, you'll be able to create your own leads.
Imagine a behive where the worker bees werent given any resources to build cells so that they couldnt reproduce and create more workers.
If this happened the workers eventually would stop producing honey for the beekeepers!
http://www.boddunan.com/component/content/article/6-other/260-financial-planning-and-its-requirement.html?directory=3
FINANCIAL PLANNING AND ITS REQUIREMENT
Business & Finance
There’s another development that is quite worrying in Britain & America, Habeas corpus has been suppressed in the US and Magna Carta is now threatened in the UK. It appears democracy and civil rights are gradually being dismantled in a way that parallels the rise of Fascism in Germany in 1930s.
If it wasn’t for Morgan excercising some restraint in the CDO market (only major moneycenter bank that did), this economy might well have already collapsed. i think they deserve to gobble up the good deals in the market and frankly, i don’t think Bear’s or Wamu’s employees are too angry with Morgan as their new boss, better than no boss (job) at all.