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Is it possible to get into investment banking without any experience?

05 Jun

I want to know if you have no previous expierence as an analyst and or a finance manager with a top company can you still get into this rewarding field. I have friend going Warton for his mba, he graudated from the University of New Haven is white and american born and studied management. He started his own company right after college and wants to change careers. His major in graduate school is corporate finance, accounting, real estate and international business. BUt he feels that his undergraduate school is no good and his lack of analyst expierence will shut the doors on him.

He knows that IB;s want people with previous expierence as analysts with ivy league educations.

 
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  1. polity

    June 5, 2012 at 3:32 pm

    First, you should be able to demonstrate you have a sense of good credit yourself, and are willing to learn. You may become an intern. If you are a good salesperson and can bring in business… they won’t care. Rock on.

     
  2. gldjns

    June 5, 2012 at 4:14 pm

    I’d say his chances are much better than he may think. For one thing, he has an excellent background in management, and an educational background in corporate finance, accouting, real estate and international business. Whatever he might be lacking in actual analyst experience can easily be obtained through additional college courses, or on-the-job experience. He is apparently an excellent student and a top-notch learner. I doubt very much if ivy league schools make that much difference. He has the ambition, the knowledge, the background and the education, so the experience can come with being on the job as a trainee. As the saying goes, “experience is the best teacher”. I wish him luck!