Is trading a harder or easier field to break into than ibanking?

Currently I go to a non-target with a 3.5 gpa entering my junior year...i have had a stock brokerage internship, accounting experience and UBS Operations or Merill Lynch PWM this fall....for me to break into trading....i realize that my chances at ibanking at a BB are going to be hard/impossible with many more candidates at ivy league schools with higher GPA's....do i have a better chance of breaking into ibanking or trading based on what I have done so far? ...any suggestions/comments/feedback GREATLY appreciated

 
Best Response

Decide what you want to do first! Even before I answer the question, I strongly believe that you should enter something depending on whether you like it or not, rather than based on what is easier / more diffucult to get into.

As to the actual answer to your question, the chances of your getting into trading are just as slim as getting into banking coz there are an equal number of confused kids from ivies you are thinking just like you are and will hit on both places just to have a bank's name labeled on their backside - along with that of their ivy.

If you REALLY want to do banking, then go spend a couple of good and productive years doing something else somewhere, get into a top b-school, do well there and come back as an associate. For all you know, you might make it to an associate faster than these people will (I know people who have done that.) Agreed - you will miss out on big money for 2 years but if you have what is takes to be a good banker, in your 25-30 year career you will easily out-earn those who are not so good across their 28-33 year long careers.

 

Thanks. Any tips on getting into I banking from a non-target? Not necessarily BB but maybe boutiques?

We spend a lot of time making the unimportant measurable while the important remains immeasurable
 

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We spend a lot of time making the unimportant measurable while the important remains immeasurable

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