Very much agree with this.
BEST degree FOR IB (2 Viewers)
- Thread starter manscux
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It's not discouraging you. It's very good to have goals and aims. Just given how competitive it is to break into IB, you appear uninformed about the field. You'll need to do a lot more work and research because you bet your competitors are VERY well informed and highly qualified.
Cadetships are also a decent choice. Word of warning is to not get complacent after getting that placement.
thank you.... yes will definitely take on board all advice
seremify007
Junior Member
Agreed. If you're dead set on IB or some kind of finance role, you'll still need to do all the other stuff which someone wanting a finance grad role does whether it be top academics, relevant co-curriculars and applying for the relevant summer vacation positions. And networking. Your cadetship will only complement in the sense you may get to network more both with professionals and relevant industry contacts, you'll get exposure to some of the more complex concepts which aren't necessarily taught in uni (e.g. valuation techniques) and you'll get to demonstrate you are able to balance work whilst staying commited to deadlines. The cadetship itself on it's own however is just work experience- slightly better than casual work at Maccas, but isn't going to guarantee you a finance job.
That all being said I know quite a few people who have pursued finance roles and used their accounting cadetship experience to successfully differentiate themself at graduate level, or to take on a slightly more senior position in finance (namely experienced analyst).
The business cadetship program does seem ok but there aren't enough cadets nor alumni to relaly prove whether or not it works out well in terms of development/progression particularly if you are trying to break into front office. I've heard mixed responses so far. You can be the first though
Commendable. I was even more clueless when I was in Year 12 and somehow still made IB. The earlier you start, the better.
WOW... congrats on that...Commendable. I was even more clueless when I was in Year 12 and somehow still made IB. The earlier you start, the better.
what level position do you work for and if you dont mind telling me; but how is the work... is it true about the 100 hour weeks.....
Well you can be my first connection
Feel feel to PM me if you have more questions about the area. But the 100 hours week is true, it was between 80-110 hours in the office. If you include travel, showering, waking up etc, you're sleeping a handful of hours a day.WOW... congrats on that...
what level position do you work for and if you dont mind telling me; but how is the work... is it true about the 100 hour weeks.....
Well you can be my first connection
p.s. The concept of connections and networking is more of a US thing. It's not as big in Australia but it's very useful for smaller places.
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hungwell1337
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seremify007
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full of lols. welcome back pal.
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also quick reality check as mentioned by others
as a junior - you dont "negotiate deals". you go buy coffee for the client and smile while you do it
and im an associate so thats 4 years ahead. as an analyst, you just carry stuff
as a junior - you dont "negotiate deals". you go buy coffee for the client and smile while you do it
and im an associate so thats 4 years ahead. as an analyst, you just carry stuff
My daily dose of lol
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