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原先发布于:Secular Sevens
原先发布于: Careers
10/14/2013 12:28:57 AM
3
Investment banking, fixed income. Especially useful because it translates to any company with large cash balances they invest. I could theoretically go anywhere within Corporate America.
English

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  • What was your major? Would an Economics major secure me a job? I'd love to major in International Relations, but I feel as if double majoring in Economics would better secure me a job in the business world in case the military/intelligence doesn't pan out. Or at least as a temp job until I could find a place in either community.

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  • And yes, I was an Econ major. Getting on the CFA track early can help your career as well if you end up staying in the Corporate Finance world. Lots of companies look for that and few people start it early enough. Gives you a good leg on competition.

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  • Probably a good double major. More so than other fields, I'd say the school you go to matters and any internships you can do help. Getting your foot in the door at a good firm, and what that first job is, really sets the tone for how the rest of your career goes. You've got three main sides of a bank: Front office = actual trading and analysis of securities, mergers and acquisitions, and any roles that directly impact bank revenue. This is where the money is. You'll be making $150k in three years. 95% of these jobs are in NYC or Chicago. London getting cut heavy. Middle office = direct support for front office. Deal reconciliations, trade support, profit/loss, etc. $85k in three years. These are going to be in financial hubs - NYC, Charlotte, Raleigh, Chicago, DC, Austin. Back Office = derp derp work. Trade errors, settlement, proxy, wire brokerage, easy analytical. $55k in three years. Locations everywhere. Moving up within a bank isn't hard - it's transitioning between these segments that is difficult. If you start in back office, you get stuck there. Any investment bank looks good on a resume for international business I'm sure. But careful hiring managers can weed out those who have the name but not the real package that comes with a front office role.

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