investment banking

cain

Banned
Aug 1, 2003
2,512
0
0
yeah i wish i were in ibanking. a friend of mine working for DB can make up to 25K this summer, dang that's more than enough to pay for tuition!
 

iwantanewcomputer

Diamond Member
Apr 4, 2004
5,045
0
0
Originally posted by: cain
yeah i wish i were in ibanking. a friend of mine working for DB can make up to 25K this summer, dang that's more than enough to pay for tuition!

just this summer? is he an intern? htf can i make 25k?
 

GasX

Lifer
Feb 8, 2001
29,033
6
81
IB interns are peons

IB Managing Directors - now THEY make paper!
 

kami333

Diamond Member
Dec 12, 2001
5,110
2
76
No you don't.

Lots of stress, long hours, and being expendable is not a fun position to be in. (a third of my former classmates are ibankers now).
 

jdub1107

Golden Member
Feb 9, 2003
1,060
0
0
Originally posted by: cain
yeah i wish i were in ibanking. a friend of mine working for DB can make up to 25K this summer, dang that's more than enough to pay for tuition!

Become a lawyer. Friend in Stanford Grad makes 12k a month during summer at a Los Angeles firm. Boring work though. Oh, but they throw great parties.
 

cchen

Diamond Member
Oct 12, 1999
6,062
0
76
you probably. IB can be a great step in the direction of an ultimate goal. i chose to go the consulting route
 

NiKeFiDO

Diamond Member
May 21, 2004
3,901
1
76
low-paying thankless IT job 4-life fools!

(just kidding, just Junior incollege right now, but goin into IT field )
 

cchen

Diamond Member
Oct 12, 1999
6,062
0
76
Originally posted by: NiKeFiDO
low-paying thankless IT job 4-life fools!

(just kidding, just Junior incollege right now, but goin into IT field )

better watch out.... outsourcing is way bigger than i had previously thought
 

cchen

Diamond Member
Oct 12, 1999
6,062
0
76
Originally posted by: cain
yeah i wish i were in ibanking. a friend of mine working for DB can make up to 25K this summer, dang that's more than enough to pay for tuition!

wait, is DB actually paying interns overtime?
 

cain

Banned
Aug 1, 2003
2,512
0
0
Originally posted by: kami333
No you don't.

Lots of stress, long hours, and being expendable is not a fun position to be in. (a third of my former classmates are ibankers now).

i know about the long hours and stuff, but i would have done it. 25k means i can pay an entire year of tuition, which means that 25k that my parents can put toward buying a house. man oh man. i guess i will end up in banking eventually
 

cain

Banned
Aug 1, 2003
2,512
0
0
Originally posted by: cchen
Originally posted by: cain
yeah i wish i were in ibanking. a friend of mine working for DB can make up to 25K this summer, dang that's more than enough to pay for tuition!

wait, is DB actually paying interns overtime?

hell yes they are paying overtime. think about it, saturdays and sundays=all over time!!!
 

cchen

Diamond Member
Oct 12, 1999
6,062
0
76
Originally posted by: cain
Originally posted by: cchen
Originally posted by: cain
yeah i wish i were in ibanking. a friend of mine working for DB can make up to 25K this summer, dang that's more than enough to pay for tuition!

wait, is DB actually paying interns overtime?

hell yes they are paying overtime. think about it, saturdays and sundays=all over time!!!

umm... no other bank pays overtime. no other bank has ever paid overtime.
 

cchen

Diamond Member
Oct 12, 1999
6,062
0
76
Originally posted by: cain
my friend worked there for 2 summers, he got overtime

i don't think so man... my friend is a summer analyst now and he says there hasn't been o/t at csfb for summer analysts ever.
 

ggavinmoss

Diamond Member
Apr 20, 2001
4,798
1
0
Originally posted by: cain
Originally posted by: kami333
No you don't.

Lots of stress, long hours, and being expendable is not a fun position to be in. (a third of my former classmates are ibankers now).

i know about the long hours and stuff, but i would have done it. 25k means i can pay an entire year of tuition, which means that 25k that my parents can put toward buying a house. man oh man. i guess i will end up in banking eventually

If you really care about your parents putting $25k towards their house you can always own up to your education and take out a student loan...

-geoff
 

cain

Banned
Aug 1, 2003
2,512
0
0
Originally posted by: ggavinmoss
Originally posted by: cain
Originally posted by: kami333
No you don't.

Lots of stress, long hours, and being expendable is not a fun position to be in. (a third of my former classmates are ibankers now).

i know about the long hours and stuff, but i would have done it. 25k means i can pay an entire year of tuition, which means that 25k that my parents can put toward buying a house. man oh man. i guess i will end up in banking eventually

If you really care about your parents putting $25k towards their house you can always own up to your education and take out a student loan...

-geoff

hmm, that's not really a bad idea. i should talk to someone
 

archcommus

Diamond Member
Sep 14, 2003
8,115
0
76
Originally posted by: cain
Originally posted by: ggavinmoss
Originally posted by: cain
Originally posted by: kami333
No you don't.

Lots of stress, long hours, and being expendable is not a fun position to be in. (a third of my former classmates are ibankers now).

i know about the long hours and stuff, but i would have done it. 25k means i can pay an entire year of tuition, which means that 25k that my parents can put toward buying a house. man oh man. i guess i will end up in banking eventually

If you really care about your parents putting $25k towards their house you can always own up to your education and take out a student loan...

-geoff

hmm, that's not really a bad idea. i should talk to someone
You act as if a loan sounds like a new and innovative idea.
 

cain

Banned
Aug 1, 2003
2,512
0
0
i just never thought of it. i have always thought of it as paying my parents back after i graduate and start working
 

BAMAVOO

Diamond Member
Oct 9, 1999
8,087
41
91
Originally posted by: Taggart
Originally posted by: archcommus
I make 10k a month searching the web and clicking on advertisements.

What do you do or I call SHENS

I just want to know as I want to make an extra 10k a month.
 

Taggart

Diamond Member
Apr 23, 2001
4,384
0
0
Originally posted by: BAMAVOO
Originally posted by: Taggart
Originally posted by: archcommus
I make 10k a month searching the web and clicking on advertisements.

What do you do or I call SHENS

I just want to know as I want to make an extra 10k a month.

That's $120,000 / year, tenured college professors and pharmacists don't make that.

 
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