How intellectually demanding are IBanking jobs?

hmom5
Tue, 18 Aug 2009 01:17:24 +0000

Yes. While I do agree the first few years in IB don’t necessarily require great intellect, to get anywhere in the business, especially in areas like M & A, corp finance, etc., intellect is essential. These folks don’t make big bucks for doing rote work.

Probably 2% of the engineering jobs in the world are not rote according to my DS, a grad student at MIT.

Consider the vast difference in pay between the average engineer and the average banker. How smart could the engineers be? J/k, a little family joke my younger kids use to harass their engineer brother.