Welcome to my third “5 Helpful Links” post. This post will focus on giving you a basic understanding of Investment Banking. The previous 2 posts were about Private Equity and Venture Capital. Here are 3 helpful sites (more than 5 links this time due to M&I) I think you will find beneficial in increasing, or beginning, your understanding of Investment Banking. I was very surprised by the lack of resources on Investment Banking, but I think these 3, especially Mergers & Inquisitions, should put you off to a great start.
1. Mergers & Inquisitions
This is a wonderful blog I recently discovered while researching for the “Money” section of Undergraduated. It is an honest and well written website made by a team of Stanford Graduates. I would highly recommend reading this website closely if you are at all interested in Investment Banking. Their site may drive you away from the field, or may fuel your interest even more. Either way, the website gives you the downright firsthand facts and stories about Investment Banking.
Here are the links to their series on Investment Banking:
What is Investment Banking?: Ari Gold: What Bankers Actually Do,Why NOT Do Investment Banking, Why You Work 100 Hours Per Week,The Jack Bauer Guide to Investment Banking Success
Investment Banking Lifestyle: A Day in the Life - Worst Day and Best Day, How to Stay Fit, Investment Banking Lingo Part 1 and Part 2, A Week in the Life (Sunday, Monday, Tuesday, Wednesday, Thursday,Friday, Saturday)
2. Wikipedia
Wikipedia gives a general overview of Investment Banking that you might find quite helpful.
From their site:
“An investment bank is a financial institution that assists corporations and governments in raising capital by underwriting and acting as the agent in the issuance of securities. An investment bank also assists companies involved in mergers and acquisitions, derivatives, etc. Further it provides ancillary services such as market making and the trading of derivatives, fixed income instruments, foreign exchange, commodity, and equity securities.”
3. WetFeet
WetFeet focuses more on the individual in Investment Banking, and not the industry itself, unlike Wikipedia.
From their site:
“Big bucks and long hours are the hallmarks of the investment banking industry. After all, keeping on top of the world’s financial markets can be an almost 24/7 job, especially in a down economy. But the financial rewards—not to mention being a part of some of the big-name business deals that you see in headlines—can make the grueling hours an adrenaline-based rush.”
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Rommel says,
These sites are really a good source of useful information about investment baking and other field. Thanks for sharing these sites. Investment banking Chicago
on 08 December 2010 / 7:16 PM