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-- anyone work in finance?

Posted by psychosomatica on Jan-07-2006 23:33:

anyone work in finance?

Does anyone here work in institutional finance? like merchant banking, commercial banking, i-banking, sales and trading or mergers and acquisitions?

I'm applying for some internships and have a couple questions.

Posted by allcentury18 on Jan-07-2006 23:59:

yeah i do.

Posted by Sunsnail on Jan-08-2006 00:25:

yeah i've been in the banking field for about 17 years now. what can I help you with?

Posted by Ygrene on Jan-08-2006 00:44:

quote:
Originally posted by Sunsnail
yeah i've been in the banking field for about 17 years now. what can I help you with?

n00b!

Posted by Mebot on Jan-08-2006 00:45:

What kind of questions do you have?

Posted by psychosomatica on Jan-08-2006 00:57:

Just general questions about the industry and the application process. Been sifting through Vault message boards... guides.. everything I can get my hands on

If you're on MSN you can get me at [email protected]

Posted by psychosomatica on Jan-08-2006 00:59:

Right now the most pressing question is 'sector and geographic preference'. I'm in Canada (If that even matters) and the certain analyst positions are asking for sector and geographic preferences in the cover letter. Is it okay to state that I have no preference? Or would that seem unresearched and unprofessional?

Posted by Mebot on Jan-08-2006 01:02:

Unprofessional.

Posted by Renzo on Jan-08-2006 01:03:

quote:
Originally posted by psychosomatica
Right now the most pressing question is 'sector and geographic preference'. I'm in Canada (If that even matters) and the certain analyst positions are asking for sector and geographic preferences in the cover letter. Is it okay to state that I have no preference? Or would that seem unresearched and unprofessional?

Ideally, unless you do not wanna leave Canada, you should apply for financial positions in places like New York and Chicago.

I majored in finance and was planning on moving to NY before I decided to head to law school. But once I'm done with school, I'll probably move up there.

Posted by psychosomatica on Jan-08-2006 01:10:

I've been told by some MBAs (I'm undergrad) that I should just call up NY institutions.. tell them "I'm in the area" on certain dates and send them a resume. To be honest, from the literature I've encountered, it's near impossible for a non-Ivy student to intern with the likes of GS, Blackstone or MorganStanley, let alone a foreign-educated one...

I DO intend, however, to end up in a New York office... some day.. *dreams away*

edit: To be more specific with my questions, I think they're just referring to Canadian offices that I'd like to be posted in. Sector preference is what really bothers me. I KNOW what sectors they cover, but honsetly have no preference. They ask for your preferences on the cover letter and I don't want it to affect my chances negatively if I am indifferent to the industry.

Posted by alexmorlo on Jan-08-2006 02:23:

You are screwed. There are hundreds of finance/accounting/engineering graduates in Canada who are in your situation and would love to work in the US at one of the top tier investment banks (GS, ML, UBS etc.)

Consider this, there are 8000+ Canadians who are taking the CFA exam each year plus the 6300 chartholders.

Not to mention, the thousands of foreigners applying to the top 15 US MBA programs.

Posted by alexmorlo on Jan-08-2006 02:36:

quote:
Originally posted by psychosomatica

I DO intend, however, to end up in a New York office... some day.. *dreams away*

Charles Schwab is hiring !

Posted by Nrg2Nfinit on Jan-08-2006 03:00:

yeah id do yrgrene's fiance..

i mean.. yea my sister works in finace

Posted by igottaknow on Jan-08-2006 03:03:

just tell'em you've always been facinated by money. Make sure you know the presidents that appear on the denominations. They always ask.