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Vault Message Board: Management and Strategy Consulting

Topic Name: Should I leave consulting for IB
Message Name: firm and group
Date Posted: 01/25/2001
In Reply To: The firm is HSBC..and the group has yet to be determined. The first 2 years are structured into an 8 week training program and followed by 3 rotations that last 6-8months. You are given input into what areas you want to rotate through..i.e. M&A, Private Equity, or Sales and Trading (my personal choices). After the 2 years you become an associate in one of the previous 3 rotations which is mutually determined. I know HSBC is not a BB, but they are a top European Bank with a lot of growth potential, and who knows they may even make a major acquisition to gain a better US presence. Positives are that I hear the culture is a bit more relaxed than at other banks and that the hours are not as brutal. ---Right now I am just trying to gather the opinions of others so I can be more confident in the decision that I make.
Message: I was wondering how you went about applying at the IB. Did you talk to a recruiter, go through their internet site and apply, etc? I currently work for an invest. mgmt firm looking at the possibility of moving to another IB w/invest. mgmt as an analyst. Wondering what would be the best way to approach this. cheers

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