Do investment banking jobs outside of New York and other financial cities offer the same lifestyle?I would like to work at a boutique bank in buy-side or sell-side investments in Colorado after my Tier 1 AACSB accredited MBA. I have no previous expereience. Is this possible and at what level would I be hired? What are the hours? What is the salary? | |
Most major companies do have offices outside of NYC, however, if you really want to make it big in banking NY is the place to be. I started my career in Boston and made the move to Wall Street.
You do get compensated well, but you also work more than just 9-5. Luckily I have a wife that understands as she has a demanding job as well. To give you an idea, my wife and I have a mutual friend that worked for a major investment firm on Wall Street. On 9-11 he realized he left his keys in his office and went back later that night to get them. Believe it or not there were some guys working. Moral of the story some banks do not care what is going on around you, close the deal and make them money or someone else will.
Keep in mind some of the more prestegious firms only hire MBA's from the top 20, if you aren't from Harvard, Wharton, Yale etc.. you will have a very hard time getting your foot in the door.
I would recommend visiting some of the bank websites and reading about the career paths for MBA's. Most of them have a typical day in the life, career path etc..
