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Wealth Management vs. Investment Banking: Career Deathmatch

Mergers and Inquisitions

If you want to read angry comments and long threads with plenty of insults, you can’t go wrong with the wealth management vs. investment banking debate. It’s one area where people on both sides tend to talk past each other : Bankers say that wealth management roles pay less, offer less interesting work, and lack good exit opportunities.

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From Wealth Management to Investment Banking: How to Make the Leap

Mergers and Inquisitions

How can I move from wealth management to investment banking ? It’s arguably the most difficult “front office to front office” transition within finance, so you should probably start by considering why you want to make this switch: Table Of Contents Why Switch from Wealth Management to Investment Banking? I hate this job.

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Investment Banking in India: Please Avoid It and Try Again in Another Country

Mergers and Inquisitions

based bulge brackets (GS, MS, JPM, Citi, and BofA) are the strongest international banks, and Avendus, Kotak, JM Financial, ICICI, and Axis are the strongest domestic firms. Among the bulge brackets, the U.S.-based Getting in as a Company Secretary (CS) or Cost and Management Accountant (CMA) may also be possible.

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UBS and Credit Suisse: The Next Shoe to Drop in the Financial Crisis of 2023?

Mergers and Inquisitions

I explained the reasons for Silicon Valley Bank’s failure in last week’s article : incompetent risk management, massive losses on HTM securities, and a run on the bank that created the need to sell securities at a loss and get cash to cover the withdrawals. By contrast, Credit Suisse barely had any HTM securities.

Bank 98
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Capital Markets vs. Investment Banking: Deals, Careers, Recruiting, Exits, and Offer Decisions

Mergers and Inquisitions

In a good industry group, you might build a 3-statement model for a client based on a detailed review of its business, and you would use the output in the CIM and management presentation to market the company. Yes, ECM/DCM beats options such as the Big 4 firms, small PE/VC firms, corporate banking, corporate finance, valuation firms, etc.

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The Full Guide to Pre-MBA Internships: Are They Worth It?

Mergers and Inquisitions

We’ll return to this point later, but in finance, it’s more common to do a pre-MBA internship at a small VC/PE firm or boutique bank rather than a bulge bracket bank. However, you might be competitive for investment banking, asset management, or consulting roles, and a pre-MBA internship could help with those.

IT 59
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No Return Offer from an Investment Banking Internship: What to Do

Mergers and Inquisitions

All the large investment banks – bulge brackets , elite boutiques , and middle-market firms – use internships as a recruiting tool for Analysts and Associates. If it’s the latter, read our guides to equity research recruiting , asset management internships , corporate banking , or product management (for example).