Kathy Said:

Careers in Investment Banking?

We Answered:

Really?

I dont think
Yes property is the way

Howard Said:

Careers; Investment banking vs. Advertising?

We Answered:

Investment banker: environmentally, you have to work long hours, hard work, and balance family. Though, you get to work in an organized cubicle. as for your attitude, it's not really a concern, just be friendly with people; however when you have to work with top executives, act rather "proper"

Advertising account handler: for this job, you have to be confident and outgoing. You have to be rather "aggressive". If you don't have those type of traits, will basically be walked over. It's a very competitve field, meaning you have to be extroverted and self motivating to survive. As for the environment, it's just the same thing like an investment banker.

Kent Said:

Is it recommended to get an MBA for career investment banking?

We Answered:

There are other ways to get into investment banks, but going to a top MBA program is one of the best. Many leading investment banks recruit actively at the top MBA programs for summer internships and permanent jobs. In fact, if you do a summer internship at an investment bank between the first and second years of your MBA program, and you do well, you have an advantage in getting a permanent position. Of course, every stage of this is very competitive.

Most of the best MBA programs will require you have some full time work experience after your undergraduate degree, so going for the MBA "right away" might not be the best long-term answer. This is a situation where the name of the school will matter, so you are best served by taking your time and finding the right one for you.

Jerry Said:

What type of degree is neeeded for a career in investment banking?

We Answered:

Depends what school you go to and for when you are asking (straight out of undergrad or after some work experience) :

If you go to an Ivy League school, you can basically major in whatever you want. Plenty of History, Poly Sci, etc. majors can get I-banking jobs. You have to demonstrate a basic grasp and interest of corporate finance in the interviews though.

If you don't attend one of those schools, I'd recommend majoring in finance (Econ is a second choice). Corporate finance is a core concept in investment banking. If you can double major or minor in engineering, science or math, it'll add some intellectual credibility since they are regarded as 'hard' subjects.

If you are already in another career and looking to get into I-banking and do not have much financial experience, I'd generally say to pursue an MBA (must be a top 20) to apply as an Associate. I-banks hire plenty MBA students without any previous banking experience.

Jonathan Said:

i am moving into a new career, Investment banking, is it easy to learn and start selling investment products?

We Answered:

Nothing in life is easy, if you want it bad enough, you can get it
You were fortunate to be hired and given an opportunity into a world a lot of people would love to be a part of,

If you've been sucessful in sales, you should be able to conitnue this sucess in the investment world,
Like any other sales position, the more you know about your product, the better you will be.

There are some website you can visit when you taking a break from your studies or just for a change of pace

Get into the habit of making daily visits to some websites like MSN Money and Yahoo Finance. While at MSN read the Commentaries by Jim Jubak, Jon Markman, Harry Domash, and Liz Pullman Weston. Following the strategy lab analysts to get a feel for what the pro’s are doing and why. This site has some basic information for beginners. If any site offers free information, take it.
Other website that can provide instructions and help with procedures and terminology are Investopedia.com, Stock Charts.com, and 1source4stocks.com
Visit some of the more professional websites like Zacks.com, Smart Money, Schaeffers.com, Trading Trend, Trading Markets, these website will have advertisers who are worth looking into also. And remember, if they offer free information, get it

You'll be given enough reading material to keep you busy until you receive your license. Don't worry just follow instructions and you'll be fine.
There were be other classes you may have to take as you career advances, but you knowledge will be more advanced and things will come a lot easier.

Stay with the firm's program it's a free education that may others wish they had.

Good luck on your new journey