investment banking

**loapowm** · 6 Aug 2012, 8:13 AM

Originally Posted by Newbie

guys you should all try to do the finance case study competitions - they are a great opportunity to see what bankers do day to day and good for the resume if you win!

Link?

**Newbie** · 6 Aug 2012, 10:30 AM

probably too early for you guys
they are offered to uni students

UBS has one and jpm HAD one but not sure if they still do

**loapowm** · 6 Aug 2012, 11:10 AM

Originally Posted by Newbie

probably too early for you guys
they are offered to uni students

UBS has one and jpm HAD one but not sure if they still do

Cool,

I got a HD in the economics competition by UNSW.

Can't wait <3

**Omnipotence** · 6 Aug 2012, 11:38 AM

http://www.ubs.com/global/en/about_u...enge/home.html

Discretion: Not for the faint-hearted.

**loapowm** · 6 Aug 2012, 11:39 AM

Originally Posted by Omnipotence

http://www.ubs.com/global/en/about_u...enge/home.html

Would rep. But Rafy took that away from us.

**Newbie** · 6 Aug 2012, 12:25 PM

who won this year?
UNSW and Melbourne were strong back in my days

**Omnipotence** · 6 Aug 2012, 12:43 PM

Edit: UWA

**Newbie** · 6 Aug 2012, 12:48 PM

lol. Did you participate ?

**Omnipotence** · 6 Aug 2012, 1:57 PM

It's kinda counter intuitive to do it in first year, anyways I learnt valuations after date of competition.

**Newbie** · 7 Aug 2012, 1:18 AM

one thing i disliked about the UBS one was that they used finance honours kids/coop kids to judge the university rounds (i was a judge as well because my friends were judging rofl)

its pretty fail because
1. its just a friends circle jerk and randoms will not have a shot no matter what
2. finance honors and coop kids know fk all

the JP one actually had JP bankers and senior corporate finance lecturers do the judging so at least it appear impartial

**Omnipotence** · 11 Aug 2012, 10:28 PM

Originally Posted by Newbie

one thing i disliked about the UBS one was that they used finance honours kids/coop kids to judge the university rounds (i was a judge as well because my friends were judging rofl)

its pretty fail because
1. its just a friends circle jerk and randoms will not have a shot no matter what
2. finance honors and coop kids know fk all

the JP one actually had JP bankers and senior corporate finance lecturers do the judging so at least it appear impartial

Yeah I'm pretty sure honour students won it. I'll give it a crack in 4th year.

**ting89** · 18 Aug 2012, 10:02 PM

I haven't read all the posts, but my friend got offered Barclays and Goldman Sachs IB and his salary was 110k and 94k respectively.

**Bobbo1** · 18 Aug 2012, 10:40 PM

Originally Posted by ting89

I haven't read all the posts, but my friend got offered Barclays and Goldman Sachs IB and his salary was 110k and 94k respectively.

And their hours were 110 and 94, respectively.

**Drifting95** · 18 Aug 2012, 11:17 PM

Originally Posted by ting89

I haven't read all the posts, but my friend got offered Barclays and Goldman Sachs IB and his salary was 110k and 94k respectively.

Assumed Goldman Sachs salary would be higher then Barclays, based on 'prestige'.

**runnable** · 19 Aug 2012, 1:35 AM

Originally Posted by Drifting95

Assumed Goldman Sachs salary would be higher then Barclays, based on 'prestige'.

You see, with prestige, they can afford to pay slightly lower.

**Newbie** · 19 Aug 2012, 2:36 AM

Originally Posted by runnable

You see, with prestige, they can afford to pay slightly lower.

i thought the general consensus in this forum is that prestige doesnt matter

**Omnidragon** · 19 Aug 2012, 2:05 PM

IB is okay for making a bit of money. But if you're going for big money, then IB only takes you so far. Good to make a bit of capital before 25, that's about it. The key is how to make a few mil before 26 or even 10m. Won't be doing that in IB.