How would you go about becoming an investment banker once graduating from university with your degree?
I have just got into a top university- London School of Economics to take an accounting and finance degree. It is my dream to become an investment banker. Once I graduate, what is the best way of becoming one?
Investing - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
1. Make sure to keep your GPA as high as possible. Firms look at grades as much as what classes you are taking. If you're going to get less than a B+ in a class, drop it. Find out which profs are easy graders. One man's cynical and opportunistic behavior is another man's idea of good planning. 2. Get in the habit of reading the business section of the WSJ or (even better) the FT. Having a sense of what the big deals are, and what the big financing trends are (IPOs, M&As, LBO's) shows that you are interested and knowlegable about the industry. You never know when you're going to meet someone who can help you. 2b. Books. There are several books that invole Investment banking and trading culture, and everyone who applies is supposed to have knowlege of them. These include Bonfire of the Vanities, Liars Poker, and Barbarians at the Gates. There are probably some more recent selections. 3. Join whatever "evil capitalist club" your university has. Many have and investing club, or something of that sort. Also, check into whatever the LSE version of the fraternity system is. If you find one that shares your interst you'll meet upper classmen who can get you interviews when you're leaving school. Plus its a good time. 4. Summer Internships. You will be on your own until junior year, then the formal internship program will begin on campus recruiting. In order to set yourself apart, find something in the preceding summers that is financial services related. You want to have a work history that documents your interest in the field and ability, to the extent possible. 5. Interviews. There are books out there that describe in detail what to expect and how to prepare for an interview. Your on campus recruiting staff can help you find them. Get the most recent one as practices change every year. Landing a good summer internship after your junior year is the best thing you can do. At the end of that, if you do well, you'll get an offer, which you can in turn use to leverage offers from even better places. Good Luck!
Answer 2 :
Have your compassion and human feelings surgically removed
Answer 3 :
Once you graduate is *way* too late - you need to get an summer internship at an investment bank after your penultimate year. But getting that internship will be tricky too, you'll need to have decent work experience, strong grades, and strong activities. Start now, by getting a summer job before uni (or if you're off travelling that's ok too, but make sure you get a summer job after your first year). It doesn't really matter what the job is at this stage (i.e. it can be McD's, obviously something relevent would be better - but you'll learn plenty of invaluable skills in retail as well). At uni get involved with societies/sport clubs/student paper (take your pick) in your first year, with the plan of getting onto the committee that runs it in your second year (getting an elected role like president, treasurer, etc. looks good on your CV). Most of the people you'll be competing with to get jobs at the investment banks will have all of the above, so if possible do something that makes you really stand out from the crowd (something like doing volunteer research work for a think tank, etc. which is unusual but shows your skills) . Read a lot about invesment banking, follow the financial news. There are lots of biographies of investment bankers - read them. Check out financial websites - efinancialcareers.com has a students advice section for getting into IBs. Start reading it now - by the time you're applying for internships you want to be in the top 1% of people applying in terms of knowledge. The internship really is the key - if you complete an internship at a top IB then getting into a bank after you graduate is a _lot_ easier.
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Tuesday, September 28, 2010
Tuesday, September 14, 2010
What type of savings account do you recommend for saving a deposit to buy a house?
What type of savings account do you recommend for saving a deposit to buy a house?
I am saving up to put a deposit on a house, prob in the next year or two. Do you recommend any particular savings account from a particular branch? Does having an ISA already affect things?
Renting & Real Estate - 8 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
use your ISA, hehe i have 32pence in mine
Answer 2 :
I was gonna say an ISA but apparently you already have one...make sure you use your full allowance at all times...and You could open a Regular saver and deposit something every month....HSBC offer 10% for that kind of savings!!
Answer 3 :
Check out some of the online savings offers at the moment. You can be limited to how much you put into an ISA, but the online accounts have got good interest rates for the amounts of money you can put in. The HSBC one is something like 5.7% interest!!! Good rate for looking after your money and that little bit extra towards your deposit for letting them do it!!!
Answer 4 :
Do you mean an IRA? If you already have an IRA, there's a possibility that you could take up to $10,000 out of the IRA without penalty to put toward the downpayment on a first home. (Check out the article linked in the source box below.) If you also want to set up a savings account (which is a good idea, regardless), I recommend the ING Direct online savings accounts. They don't have any minimum requirements, they pay 4.5% (right now and it's been on the rise recently), and it's very simple to use. I've had an acct there since 2003 and I've been very satisfied with them. http://www.ingdirect.com
Answer 5 :
you can put £3000 per tax year in a cash ISA
Answer 6 :
I'm with ING direct, they offer a great rate of interest (4.75%) and you get access to your money anytime. x
Answer 7 :
you can put up to £3000 a year into a mini isa, and take up to £7000 into ISA on their own, ie all £7000 into an ISA, or a mix of mini and ISA... sorry lol.. that sounds like drivel. There are lots of high interest savings accounts out there, do a search, or check out some financial sites. You can open two or three, and move your money around, as some pay interest at different times, so you can get interest for each day it is in there, or monthly or yearly. Takes some planning, but you can end up getting interest two or three times on the same money! Some of the weekend newspapers will give you tables of the best accounts etc, I know the sunday mail does. Other idea is to go into your local town and visit all the banks and building socities and see what they have on offer. You can also look at bonds, but they will tie your money up for a certain length of time! however, if you can put it into there for a year at the least, you can get a good rate of interest! Good luck in your saving!
Answer 8 :
just completed Barclays 10% regular saver had to save £200 per month for a year got £95.00 ( paid £25 tax !!!! _) interest on the £2400 saved over 12 months not really worth it, no savings account pays high interst these days. Good luck saving for your house
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I am saving up to put a deposit on a house, prob in the next year or two. Do you recommend any particular savings account from a particular branch? Does having an ISA already affect things?
Renting & Real Estate - 8 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
use your ISA, hehe i have 32pence in mine
Answer 2 :
I was gonna say an ISA but apparently you already have one...make sure you use your full allowance at all times...and You could open a Regular saver and deposit something every month....HSBC offer 10% for that kind of savings!!
Answer 3 :
Check out some of the online savings offers at the moment. You can be limited to how much you put into an ISA, but the online accounts have got good interest rates for the amounts of money you can put in. The HSBC one is something like 5.7% interest!!! Good rate for looking after your money and that little bit extra towards your deposit for letting them do it!!!
Answer 4 :
Do you mean an IRA? If you already have an IRA, there's a possibility that you could take up to $10,000 out of the IRA without penalty to put toward the downpayment on a first home. (Check out the article linked in the source box below.) If you also want to set up a savings account (which is a good idea, regardless), I recommend the ING Direct online savings accounts. They don't have any minimum requirements, they pay 4.5% (right now and it's been on the rise recently), and it's very simple to use. I've had an acct there since 2003 and I've been very satisfied with them. http://www.ingdirect.com
Answer 5 :
you can put £3000 per tax year in a cash ISA
Answer 6 :
I'm with ING direct, they offer a great rate of interest (4.75%) and you get access to your money anytime. x
Answer 7 :
you can put up to £3000 a year into a mini isa, and take up to £7000 into ISA on their own, ie all £7000 into an ISA, or a mix of mini and ISA... sorry lol.. that sounds like drivel. There are lots of high interest savings accounts out there, do a search, or check out some financial sites. You can open two or three, and move your money around, as some pay interest at different times, so you can get interest for each day it is in there, or monthly or yearly. Takes some planning, but you can end up getting interest two or three times on the same money! Some of the weekend newspapers will give you tables of the best accounts etc, I know the sunday mail does. Other idea is to go into your local town and visit all the banks and building socities and see what they have on offer. You can also look at bonds, but they will tie your money up for a certain length of time! however, if you can put it into there for a year at the least, you can get a good rate of interest! Good luck in your saving!
Answer 8 :
just completed Barclays 10% regular saver had to save £200 per month for a year got £95.00 ( paid £25 tax !!!! _) interest on the £2400 saved over 12 months not really worth it, no savings account pays high interst these days. Good luck saving for your house
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Tuesday, September 7, 2010
How to transfer music from iphone to another itunes account on new computer?
How to transfer music from iphone to another itunes account on new computer?
I'm getting a new computer and I want to start a new itunes account as well but I don't want to have to re buy any of the apps and music on my iphone. Is there a way I can transfer my stuff directly from my iphone to the new account (and computer) even though those items have been bought using a different account? Thanks in advance.
Music & Music Players - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
@ Harry22 my friend Mary recommend you use this professional "iphone to computer" software to help you can transfer music from iphone to computer directly. you can use Google search "iphone to computer". I am sure you will get it.
Answer 2 :
i wonder if there is an iphone transfer software like an ipod transfer.....
Answer 3 :
Many iPhone users have asked this. It won't be a problem if you use Cucusoft iPad/iPhone/iPod to Computer Transfer It automatically transfers your iPod and iPhone music, video, playlist, photos to computer and iTunes. Backup all your music and video in a couple of clicks. Really makes music and videos sharing pretty simple and enjoyable. Wish this can help and good luck. I think its step by step guide is most helpful. http://www.iphone-to-computer.net/transfer-songs-videos-photos-playlists-from-iphone-to-computer.html It is easy to use and you can try it now. http://www.google.com/#q=site:iphone-to-computer.net++cucusoft+iphone+to+computer&hl=en&newwindow=1&filter=0&fp=aa0e561cd8821793
Answer 4 :
i know a software called 4Easysoft iPhone Manager which is used to backup iPhone files to computer and i'd like to share with you. specificlly speaking, it can help you: 1. Transfer iPhone music, video, photo to PC 2. Export video,music, photo from PC to iPhone 3. Convert DVD/video to iPhone, make iPhone ringtone just have a try first and hope my info can be helpful: http://www.4easysoft.com/iphone-manager.html
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I'm getting a new computer and I want to start a new itunes account as well but I don't want to have to re buy any of the apps and music on my iphone. Is there a way I can transfer my stuff directly from my iphone to the new account (and computer) even though those items have been bought using a different account? Thanks in advance.
Music & Music Players - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
@ Harry22 my friend Mary recommend you use this professional "iphone to computer" software to help you can transfer music from iphone to computer directly. you can use Google search "iphone to computer". I am sure you will get it.
Answer 2 :
i wonder if there is an iphone transfer software like an ipod transfer.....
Answer 3 :
Many iPhone users have asked this. It won't be a problem if you use Cucusoft iPad/iPhone/iPod to Computer Transfer It automatically transfers your iPod and iPhone music, video, playlist, photos to computer and iTunes. Backup all your music and video in a couple of clicks. Really makes music and videos sharing pretty simple and enjoyable. Wish this can help and good luck. I think its step by step guide is most helpful. http://www.iphone-to-computer.net/transfer-songs-videos-photos-playlists-from-iphone-to-computer.html It is easy to use and you can try it now. http://www.google.com/#q=site:iphone-to-computer.net++cucusoft+iphone+to+computer&hl=en&newwindow=1&filter=0&fp=aa0e561cd8821793
Answer 4 :
i know a software called 4Easysoft iPhone Manager which is used to backup iPhone files to computer and i'd like to share with you. specificlly speaking, it can help you: 1. Transfer iPhone music, video, photo to PC 2. Export video,music, photo from PC to iPhone 3. Convert DVD/video to iPhone, make iPhone ringtone just have a try first and hope my info can be helpful: http://www.4easysoft.com/iphone-manager.html
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Wednesday, September 1, 2010
can someone tell me some good paying jobs which include business and not accounting and science...?
can someone tell me some good paying jobs which include business and not accounting and science...?
im 14 and i need to pick subjects but i have no idia on what i want 2 be wen i grow up...by the way i suck in science...
Technology - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Information Techology, secretarial jobs - you need a bit of basic bookkeeping for most things but it doesn't have to be full blown accountancy.
Answer 2 :
Marketing and sales, Finance and Management.
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im 14 and i need to pick subjects but i have no idia on what i want 2 be wen i grow up...by the way i suck in science...
Technology - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Information Techology, secretarial jobs - you need a bit of basic bookkeeping for most things but it doesn't have to be full blown accountancy.
Answer 2 :
Marketing and sales, Finance and Management.
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