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anyone work in finance?
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psychosomatica
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.
allcentury18
yeah i do.
Sunsnail
yeah i've been in the banking field for about 17 years now. what can I help you with?
Ygrene
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!
Mebot
What kind of questions do you have?
psychosomatica
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]
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?
Mebot
Unprofessional.
Renzo
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.
psychosomatica
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.

alexmorlo
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.
alexmorlo
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 !
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