Hi,
I am an MBA from a well known (in india) B school but not known internationally. additionally i am pursuing CFA® (clear L1 in Dec, taking L2 this june). and post MBA working in an Indian Bank's corp banking dept for last 2 yrs.
I want to make a switch to IB at this stage as I believe the money will be better in the long term (Aware of how bad this time is to get into IB but willing to take the long term bet). plz advise on whether the assumption is correct and what should I do to make a move to IB.
interested in M&A or Corp. Fin in IB as I am given to understand (Mostly from internet forums)that this will help me make the most money long term
There are a lot of things that make a lot of money (as much or in some cases more than IB) including S&T, IB, PE, HF, VC and entrepreneurship. The only thing IB does better than most fields is give you exit opps into other fields that compensate well. That said, getting back to your question. Singapore and Hong Kong offices hire MBAs from India. Some of the firms hire into their London offices as well. Most of the people with MBAs from India were from IIM or ISB. It's pretty tough to get in otherwise, at least into foreign offices.
Thanks, I do think that to be the case which is why the stress on getting into IB first, HF/PE seem to be a little out of reach so will be the case with Entrepreneurship. S&T maybe as I have got fair bit of experience on the debt markets thanks to my work here.
I am from a Non IIM/ISB Bschool which is a big problem landing jobs which is why I thought of taking up CFA at this point in time but doesnt seem to help hence wanted some suggestions as to what else can one do besides the obvious of take up another MBA from IIM/ISB or other IVY colleges from US (Basically have a lot of financial commitments right now that dont allow the luxury of full time courses for next 3 odd yrs). Thanks a lot for your help.
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