Investment Banking

[Jog On]

I'm in one at the moment, not the nicest of places.

Permies walking past and looking at your screen with an air of "I've got your number mate", people who walk straight past without acknowledging you're there when you hold a door open for them.... very very very very fit girls (think that brunette model type one on the apprentice) that are also very very stuck up...

All extremely pleased with themselves.

Good money though, just smile and invoice.. smile and invoice. I just remind myself that I'm probably earning more than them and they're building my trading account quicker than if I worked anywhere else

The only other place I've worked where people loved themselves this much was a creative advertising agency.

Just smile and invoice...smile and invoice

[aussielong]

Its alright if you don't mind dealing with smart a r s e s all day and alpha male types who want to crush you at every opportunity.There is some crumpet around the trading floor. Back Office is full of old women though.

The hours can be long but most contractors don't do long hours from what i've seen. Most are out the door at 5.30pm including me these days.

If you want an intro to IB from an I.T. perspective, read Principles of Quantitative Development by Manoj Thulisades. The book adds nothing new, just brings together info, but it does give a decent overview of the various parts of an IB and how I.T. is involved.

[MarillionFan]

Its alright if you don't mind dealing with smart a r s e s all day and alpha male types who want to crush you at every opportunity.There is some crumpet around the trading floor. Back Office is full of old women though.

The hours can be long but most contractors don't do long hours from what i've seen. Most are out the door at 5.30pm including me these days.

If you want an intro to IB from an I.T. perspective, read Principles of Quantitative Development by Manoj Thulisades. The book adds nothing new, just brings together info, but it does give a decent overview of the various parts of an IB and how I.T. is involved.

Thanks AL.

Anyone else have any background reading?

[BlasterBates]

Everything you need to know about valuating financial products is described here:

John Hull - options futures and other derivatives

Has some in depth tricky to understand stuff on some of the more exotic stuff but on the whole quite readable.

If you understand everything in that book you'll fly through any interview on "business".

[thunderlizard]

John Hull is the obvious one.

This is a good overview:
Business Knowledge For IT in Investment Banking : A complete handbook for IT Professionals: The Complete Handbook for IT Professionals: Amazon.co.uk: Essvale Corporation: Books

These are good on the product details that people try and scare you with but aren't too hard to grasp when you buckle down to it:
Understand Derivatives in a Day Understand in a day: Amazon.co.uk: Stefan Bernstein, et al: Books
(as well as the derivatives book, there are several others on commodities etc.)

[AlfredJPruffock]

Before I worked in Investment Banking - I was a seven stone weakling.

Now - I am two seperate Gorillas .

[Ruprect]

Before I worked in Investment Banking - I was a seven stone weakling.

Now - I am two seperate Gorillas .

No you're not. You're Amy Pond and a tardis.