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Vault Message Board: Investment Banking

Topic Name: Investment Banking - I have no life, I am so miserable
Message Name: I need all your advice
Date Posted: 12/27/1999
In Reply To: I left the life of an analyst and associate investment banker for all the reasons posted on this board to become a real estate developer. I made more money on one real estate deal than 5 years as an analyst and associate at an investment bank working less hours with a great quality of life!
Message: Hi, I am 40% finished with my MBA from a top 10 B-school. My background is engineering (undergrad and experience). I am considering a career change potentially into I-banking. Since I'm so new to this field (business in general), I am still looking for input from people who are in it. What is so glamorous about I-banking? Besides the monetary rewards, what intangible benefits and / or perks does I-banking provide? What inner fulfillment can one achieve from this career path? What doors does I-banking open to you after 2 or 3 years of hard work that might otherwise not be available? Do the benefits outweigh the cost? I have a great interest in finance. Are there any similar fields to I-banking that don't virtually eliminate any real possibility of a life outside of work? How does sales and trading compare with I-banking in terms of monetary rewards, hours worked, and potential for future growth? What about e-commerce or real estate developing / investing? Thanks everybody, I appreciate your wisdom. I look forward to chatting with you in the weeks to come. Mitch_H

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