Why wasn't investment banking disrupted?

Investment banking as a stepping stone into industry?

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Investment banking as a stepping stone into industry?

We all know by now how tough the working conditions are in IBanking. I did an internship myself and in the three months I was there it was pretty exciting for me, but of course also frustrating. The working hours per se have not bothered me in the short time, but what bothered me was the inefficiency of the superiors, who are responsible for these working hours in the first place.

Well, to cut a long story short. One read again and again that IBanking is seen as a stepping stone to switch to industry after 2-4 years. That was also what most of my colleagues told me. What amazes me, however, is why not go straight into industry? Students who switch to IBanking have the best degrees, the greatest practical experience and are generally in high demand. They would be kissed by Dax companies. Sure, the salaries in trainee positions are not comparable, but that can't really be the only reason?

I ask because I have now finished my studies and have offers for both and am really thinking about it. Maybe I'm just not the IBanking type.

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Investment banking as a stepping stone into industry?

WiWi Gast wrote on January 16, 2020:

One read again and again that IBanking is seen as a stepping stone to switch to industry after 2-4 years. That was also what most of my colleagues told me.

Where do you read that? Then why were your colleagues still there?

This may still apply to a management consultancy, but at IB they are not doing themselves a particular favor with the path you have shown.

reply

Investment banking as a stepping stone into industry?

WiWi Gast wrote on January 16, 2020:

WiWi Gast wrote on January 16, 2020:

One read again and again that IBanking is seen as a stepping stone to switch to industry after 2-4 years. That was also what most of my colleagues told me.

Where do you read that? Then why were your colleagues still there?

This may still apply to a management consultancy, but at IB they are not doing themselves a particular favor with the path you have shown.

But actually yes.
Dax30 Finance / Treasury is the most chilled out thing and there is still coal ...

reply

Investment banking as a stepping stone into industry?

WiWi Gast wrote on January 16, 2020:

One read again and again that IBanking is seen as a stepping stone to switch to industry after 2-4 years. That was also what most of my colleagues told me.

Where do you read that? Then why were your colleagues still there?

This may still apply to a management consultancy, but at IB they are not doing themselves a particular favor with the path you have shown.

But actually yes.
Dax30 Finance / Treasury is the most chilled out thing and there is still coal ...

The poster addresses exactly this issue. To switch to industry after 2-4 years, IB is certainly not the ideal solution, let alone that it happens so often.

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Investment banking as a stepping stone into industry?

then why do ib at all? where do most of them go? Very few make it to the md ...

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Investment banking as a stepping stone into industry?

In order to go into the industry, one does not torment oneself in an IB for years. This is utter nonsense.

Nobody changes voluntarily from IB to DAX, at most if they cannot find a good exit and as a stopgap.

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Investment banking as a stepping stone into industry?

Basically, you can easily switch to other finance areas:

Exit in industry:
Corporate finance staff positions close to the board such as M&A
Investor Relations
Treasury

Exit into PE

Exit into advice

Exit in startups

WiWi Gast wrote on January 16, 2020:

then why do ib at all? where do most of them go? Very few make it to the md ...

reply

Investment banking as a stepping stone into industry?

It's funny that the statements from your internship don't match that. IB do 90% on time and switch to PE, VC, M & A / BusDev, consulting or, with luck, AM / HF. An IBanker can also start 0.0 with Treasury, at least m & a ..

WiWi Gast wrote on January 16, 2020:

Basically, you can easily switch to other finance areas:

Exit in industry:
Corporate finance staff positions close to the board such as M&A
Investor Relations
Treasury

Exit into PE

Exit into advice

Exit in startups

WiWi Gast wrote on January 16, 2020:

then why do ib at all? where do most of them go? Very few make it to the md ...

reply

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