Want to be an Investment Banker?

If you are wondering how to begin to find a job in investment banking,  here for some helpful tips that just might steer you in the right direction.  You should know that the hiring process is generally done in January and February but even into March you should not give up.  Persistence is the key, as with any job hunt so being known by as many people as possible is a plus. 

Approach each bank a little differently so you stand out in a way that they will remember you.  The economy really sucks right now, so you can be sure that many investment banks are feeling the crunch also. With people cutting back on their investments in 2008 and 2009, investment bankers have seen large scale layoffs, not to mention the loss of bonuses.

Morgan Stanley is a strong firm that experienced substantial upheaval in 2006 as some of its top flight bankers moved on.  This is when Merrill Lynch took over Bank of America.  Even with all this happening, the investment banks will be around forever because what they do is a central point of the economy. The financial markets provide capital and this important type of work will, over time, grow and grow. 

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