http://www.bankonbanking.com/2009/12/18/getting-your-foot-in-the-door/ Ins & Outs...Tips & Tricks...Strategy - Break into Investment Banking and Thrive Mon, 26 Jul 2010 17:13:04 +0000 hourly 1 http://wordpress.org/?v=3.0 http://www.bankonbanking.com/2009/12/18/getting-your-foot-in-the-door/comment-page-1/#comment-879 IBanker Mon, 21 Dec 2009 14:01:34 +0000 http://www.bankonbanking.com/?p=721#comment-879 Bankers generally like consulting experience, provided it is management-based and involves some analytical work that they would see as definitely applicable to their field. That said, the big problem with consulting internships is that you will then have to answer the question of why banking and not consulting (your answer shouldn't be - I couldn't get an IB internship). In other words, you will need to know not only why banking, but also why not consulting - what consulting lacks that banking has that interests you (just as when I interviewed for IB I was asked why IB and not S&T since I had S&T internship on my resume as well). If you can get over that hurdle you are in good shape - the experience should be fine (again, as long as you are gaining useful experience and working on projects. Bankers generally like consulting experience, provided it is management-based and involves some analytical work that they would see as definitely applicable to their field. That said, the big problem with consulting internships is that you will then have to answer the question of why banking and not consulting (your answer shouldn’t be – I couldn’t get an IB internship). In other words, you will need to know not only why banking, but also why not consulting – what consulting lacks that banking has that interests you (just as when I interviewed for IB I was asked why IB and not S&T since I had S&T internship on my resume as well). If you can get over that hurdle you are in good shape – the experience should be fine (again, as long as you are gaining useful experience and working on projects.

]]> http://www.bankonbanking.com/2009/12/18/getting-your-foot-in-the-door/comment-page-1/#comment-868 HL Sun, 20 Dec 2009 01:49:23 +0000 http://www.bankonbanking.com/?p=721#comment-868 How do bankers perceive consulting experience? Is that the next best next alternative if one could not find an i-banking internship? (applying to SA in January) Thanks How do bankers perceive consulting experience? Is that the next best next alternative if one could not find an i-banking internship? (applying to SA in January) Thanks

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