Moving out of IT finally investment, interview, anything, before

soverby

Hi Guys,

Thanks to the CFA L2 that I am pursuing I have managed to get a job as an analyst in an American investment bank....
Was grilled like anything in the interview....

Any I-Bankers here? would u suggest me any books that I shoud read before going to my job on the first day?

Thanks

Thanks,
Varun Darji

genuinecfa

Congratulations on your job offer. What sort of job is this? ("Analyst" can mean anything)

ayaz_mahmud369

Are you in India or US?
Do you mind telling a bit more about your academic/professional background and the responsibilities of your new job?
Thanks for sharing - it is very encouraging to others who want to change the profession...

ryanlb

varundarji Wrote:
-------------------------------------------------------
> Hi Guys,
>
> Thanks to the CFA L2 that I am pursuing I have
> managed to get a job as an analyst in an American
> investment bank....
> Was grilled like anything in the interview....
>
> Any I-Bankers here? would u suggest me any books
> that I shoud read before going to my job on the
> first day?
>
> Thanks

"CFA L2" is an Ethics FAIL!!

...just kidding

congratz on your job offer. I have 3 years of business management and 2 yrs in financial advising and "passed the level 1 exam in the CFA program" and cant even become a bank teller....
gayest period in my life

Sportsman

I am in currently in India....I am a Comp Science Grad....Was working for 2 years at an investment bank in IT where I was a software developer cum business analyst...and took part in the various Domain(finance) related initiatives....got bored....

now moving to another Investment bank but in the Core Research Group...
Its a job which involves doing valuations of companies( part/whole )and preparing Pitch books for Bankers in NY, Singapore, HK and London....

I wanted a get into Fixed Income or Equity Derivatives, but did not manage to get even an interview call ...so narrowed it down to Investment Banking Analyst role...

Not getting that great a hike from my present job....but couldnt let this chance go....
I heard from my freinds who work there, that they pay good bonus..lets c....


My advice to those who are in IT and want to shift to Finance would be that you should keep ur options open....its very difficult to get a good job in a field u want unless you have a uncle Kravis on wall street...

and ya...from my above post....let me correct it before the CFAI catches me on this ...
"I am CFA Level 2 candidate"

Cheers,

Thanks,
Varun Darji



Edited 4 time(s). Last edit at Friday, October 22, 2010 at 08:24AM by varundarji.

SpyAli

Congratulations!,
I am also in IT and want to pursue Finance job once Leve2 is passed.

jarobi04

iteracom Wrote:
-------------------------------------------------------
> That's a big promotion. From back office IT to
> investment banking is pretty rare. Hard to
> believe, but congrats if true.


I wasn't in the back office in IT...I was software developer cum business analyst and my work involved significant interaction (almost on a daily basis) with Prop/Client and Sales Equity traders trading on American and Canadian exchanges.

Thanks,
Varun Darji

tianxin

Great varun... Congratulation and best luck for the new challenges

chaojimali

Congratulations to you on the transition. Very difficult move.

yospaghetti

anything for all AFers

Cheers,

Thanks,
Varun Darji