anyone works in Financial industry?

iversonyin

Diamond Member
Aug 12, 2004
3,303
0
76
what do you do?

how hard is it to get into your field (field like IB, accounting)?

what do employers usually look for?

do you enjoy your job?
 

Kenazo

Lifer
Sep 15, 2000
10,429
1
81
I'm in accounting, not quite finance I suppose. I'm plugging away here doing corporate y/e's.
 

jemcam

Diamond Member
Jan 3, 2001
3,676
0
0
Originally posted by: iversonyin
what do you do?

how hard is it to get into your field (field like IB, accounting)?

what do employers usually looks for?

Punctuation, grammar, and proper sentence construction in written communications are a plus.
 

iversonyin

Diamond Member
Aug 12, 2004
3,303
0
76
Originally posted by: jemcam
Originally posted by: iversonyin
what do you do?

how hard is it to get into your field (field like IB, accounting)?

what do employers usually looks for?

Punctuation, grammar, and proper sentence construction in written communications are a plus.

it is unlikely for potential employers to search for employees on a tech forum.

 

GasX

Lifer
Feb 8, 2001
29,033
6
81
Originally posted by: iversonyin
Originally posted by: jemcam
Originally posted by: iversonyin
what do you do?

how hard is it to get into your field (field like IB, accounting)?

what do employers usually looks for?

Punctuation, grammar, and proper sentence construction in written communications are a plus.

it is unlikely for potential employers to search for employees on a tech forum.
or for cretins to land high paying finance positions...
 

cchen

Diamond Member
Oct 12, 1999
6,062
0
76
What school do you go to? Whats your gpa? what experience do you have?
 

ggavinmoss

Diamond Member
Apr 20, 2001
4,798
1
0
I write financial software. General knowledge of the industry is a plus, but not required (you learn what you need to as you go). Communication skills are highly valued.

-geoff
 

Qwest

Diamond Member
Jan 21, 2001
3,169
0
0
strong ms office skills, especially excel.

depends too, do you want to work for a financial firm? or do finance for any company?
i work in the finance dept of a publishing company.
 

FlyLice

Banned
Jan 19, 2005
1,680
1
0
Originally posted by: iversonyin
what do you do?

how hard is it to get into your field (field like IB, accounting)?

what do employers usually looks for?

ibank = top 25 school, 3.7 gpa, technically knowledgable, high IQ, extremely aggressive. Key is the interview, they ask you some crazy shvt. Literally live work, 100+ hours/week.

accounting = accounting major, 3.2 gpa. It's a plus to be very boring.
 

ActuaryTm

Diamond Member
Mar 30, 2003
6,858
12
81
Originally posted by: Mwilding
or for cretins to land high paying finance positions...
I resemble that statement. Or resent. Whichever is more believable.
 

Dr. Detroit

Diamond Member
Sep 25, 2004
8,511
905
126
I work at a Big 4-firm

Public Accountant Auditor = Underpaid partner bitch.

Hopefully will make Manager this Summer, as of now I'm an experienced Senior Associate. I generally run teams of 2-4 underneath me.

Pay isn;t all that bad considering the amount of education and experience the firm provides.


Not hard to get into: Have good grades, major in accounting, good personality, works well with others and in a group situation. Enjoy long hours. I worked 12days straight averaging 13hr's a day.

Try and intern if your still in college.







 

Albis

Platinum Member
May 29, 2004
2,722
0
0
Originally posted by: Fmr12B
I work at a Big 4-firm

Public Accountant Auditor = Underpaid partner bitch.

Hopefully will make Manager this Summer, as of now I'm an experienced Senior Associate. I generally run teams of 2-4 underneath me.

Pay isn;t all that bad considering the amount of education and experience the firm provides.


Not hard to get into: Have good grades, major in accounting, good personality, works well with others and in a group situation. Enjoy long hours. I worked 12days straight averaging 13hr's a day.

Try and intern if your still in college.





Fmr12B, that's interesting to hear about your long hours. I'm going to do my Masters of Accounting next yr at Michigan and I have second round interviews with some of the Big Four accounting firms. Everyone makes the hours seem reasonable. Deloitte is the only firm that told me they go up to 80 hours a week during the busy season. EY says most ppl only to 60 hours tops during busy season.

 

Doggiedog

Lifer
Aug 17, 2000
12,780
5
81
Technology equity analyst at an investment bank here.

Its very hard to get into my field now due to all the restrictions and requirements.

Only have a B.A. in Econ.
 

Dr. Detroit

Diamond Member
Sep 25, 2004
8,511
905
126
ALBIS

It is insanely busy right now due to year end audits as well as 404 certification. Where I work in Silicon Valley only makes things busier. Most people average 55-65hrs a week for 1-2months.

A lot depends on your level of experience. More work for those who have been here longer.

Turnover is iright at 30% or so as people get fed up quick with the demanding nature of the job.


Its tough but I think the payoff comes at the end.


You must realize every office/firm is different.

I have worked 24hrs in a day as deadlines do happen. I have worked 3-weeks straight. I have been asked to cancel my vacation. I have been asked to go to Starbucks and get Coffee for the team.
It's all part of the job.

Take it to PM's if you have more questions.













 

iversonyin

Diamond Member
Aug 12, 2004
3,303
0
76
Originally posted by: FlyLice
Originally posted by: iversonyin
what do you do?

how hard is it to get into your field (field like IB, accounting)?

what do employers usually looks for?

ibank = top 25 school, 3.7 gpa, technically knowledgable, high IQ, extremely aggressive. Key is the interview, they ask you some crazy shvt. Literally live work, 100+ hours/week.

accounting = accounting major, 3.2 gpa. It's a plus to be very boring.

Is IB really that tough to get into? I'm not in Top25 school nor do I have 2.7 GPA. I am looking for an internship in that field.

I'm working part time in accounting dept of an engineering consulting firm....its extrmemly boring

 

iversonyin

Diamond Member
Aug 12, 2004
3,303
0
76
Originally posted by: Fmr12B
I work at a Big 4-firm

Public Accountant Auditor = Underpaid partner bitch.

Hopefully will make Manager this Summer, as of now I'm an experienced Senior Associate. I generally run teams of 2-4 underneath me.

Pay isn;t all that bad considering the amount of education and experience the firm provides.


Not hard to get into: Have good grades, major in accounting, good personality, works well with others and in a group situation. Enjoy long hours. I worked 12days straight averaging 13hr's a day.

Try and intern if your still in college.

Long hours are not a problem at all. Accounting is too systematic to me.

 

cchen

Diamond Member
Oct 12, 1999
6,062
0
76
Originally posted by: iversonyin
Originally posted by: FlyLice
Originally posted by: iversonyin
what do you do?

how hard is it to get into your field (field like IB, accounting)?

what do employers usually looks for?

ibank = top 25 school, 3.7 gpa, technically knowledgable, high IQ, extremely aggressive. Key is the interview, they ask you some crazy shvt. Literally live work, 100+ hours/week.

accounting = accounting major, 3.2 gpa. It's a plus to be very boring.

Is IB really that tough to get into? I'm not in Top25 school nor do I have 2.7 GPA. I am looking for an internship in that field.

I'm working part time in accounting dept of an engineering consulting firm....its extrmemly boring

yes, its extremely competitive
 

atiyeh

Senior member
Dec 13, 2004
496
0
0
im in finance. i just kinda stumbled into it...but I do IT finance. So I dunno if that's what you are looking for.
 

FlyLice

Banned
Jan 19, 2005
1,680
1
0
Originally posted by: Albis
Originally posted by: Fmr12B
I work at a Big 4-firm

Public Accountant Auditor = Underpaid partner bitch.

Hopefully will make Manager this Summer, as of now I'm an experienced Senior Associate. I generally run teams of 2-4 underneath me.

Pay isn;t all that bad considering the amount of education and experience the firm provides.


Not hard to get into: Have good grades, major in accounting, good personality, works well with others and in a group situation. Enjoy long hours. I worked 12days straight averaging 13hr's a day.

Try and intern if your still in college.





Fmr12B, that's interesting to hear about your long hours. I'm going to do my Masters of Accounting next yr at Michigan and I have second round interviews with some of the Big Four accounting firms. Everyone makes the hours seem reasonable. Deloitte is the only firm that told me they go up to 80 hours a week during the busy season. EY says most ppl only to 60 hours tops during busy season.

MAcc = worthless in public accounting. Waste of tuition + oppotunity cost.
 

iversonyin

Diamond Member
Aug 12, 2004
3,303
0
76
Originally posted by: cchen
Originally posted by: iversonyin
Originally posted by: FlyLice
Originally posted by: iversonyin
what do you do?

how hard is it to get into your field (field like IB, accounting)?

what do employers usually looks for?

ibank = top 25 school, 3.7 gpa, technically knowledgable, high IQ, extremely aggressive. Key is the interview, they ask you some crazy shvt. Literally live work, 100+ hours/week.

accounting = accounting major, 3.2 gpa. It's a plus to be very boring.

Is IB really that tough to get into? I'm not in Top25 school nor do I have 2.7 GPA. I am looking for an internship in that field.

I'm working part time in accounting dept of an engineering consulting firm....its extrmemly boring

yes, its extremely competitive


Ahh, are you in IB?
 

cchen

Diamond Member
Oct 12, 1999
6,062
0
76
Originally posted by: iversonyin


Ahh, are you in IB?

nope, not interested in it, but EVERY other student here is
i probably might consider an offer for the summer, just as a backup
 

iversonyin

Diamond Member
Aug 12, 2004
3,303
0
76
Originally posted by: atiyeh
im in finance. i just kinda stumbled into it...but I do IT finance. So I dunno if that's what you are looking for.


Ahh, interesting. What do you do in IT finance?