What do I need to do to become an IB?

icheetah90
Mon, 20 May 2013 08:29:52 +0000

Turn yourself into a masochist.

Seriously though you should probably first read “Monkey Business,” M&I’s “Day in the life as a banker,” and as noted above, wall street oasis personal tales to see if the work-life imbalance is something you will look forward to.

Besides that, familiarize yourself with the primary functions of investment banking. I guarantee you 80% of college/HS students on this board who aspire for banking can’t even distinguish between equity and debt, or how an investment bank generates fees. It helps to cover ones true desires for greed with basic knowledge of investmet banking function or the market in general.

It helps to go to a target school. But regardless of that you just need to start networking early and start demonstrating interest by joining investment clubs and doing low-entry barrier internships (Merrill Lynch PWM) before junior year summer analyst recruiting.

Good luck.