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Do most investment bankers just get degrees in economics?
Why isn’t investment banking so popular?
How competetive is it to get a job as an investment banker?
1. Investment bankers get degrees in finance, math, and economics.
2. It is very popular, with the supply of workers far outstripping demand. If you went to a top school like harvard, you would see this. If you do not, it is not as popular because in a state like say…Arizona, there are only two potential investment banks, and therefore very little job opportunity.
3. It is very difficult to get a job, even with a top degree. 95% of those who get employed go to New York, London, Tokyo, or San Fransisco. But you will need top grades from a top university to work at any of those places. Otherwise, with a normal university degree (non-target for on-campus recruiters), check out all local investment banks and try to get in contact with their recruiters.
1. Most investment bankers get degrees in Finance. Some get degrees in economics or mathematics. Few have degrees in other fields.
2. I would have to disagree, investment banking is very popular and in high-demand by college graduates. It may not be a honorable profession because of the recent financial crisis and general view people have on i-bankers. But that’s hogwash.
3. It is extremely competitive, even more so now after the recent bank failures. There are thousands of graduates seeking a handful of i-banking positions.
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