Investment bankers are, essentially, middlemen. Bankers connect the sellers of a company with a buyer and advise them through the deal process. Your responsibilities as a junior member of the deal team will mainly revolve around creating pitch books and financial models. You will occasionally have the opportunity to interact with clients, but this is often limited at the analyst and associate levels. As you progress in your career, your responsibilities will change in this respect.
So you want to be a Wall Street banker? Here's how much you will get paid
Making It Big On Wall Street
Investment banking is a draw for many interested in a Wall Street career, given the profession's high profile and handsome compensation. But the job title of investment banker says little about what one actually does. So, what do investment bankers do? Investment bankers famously have a central role in the launches of initial public offerings IPOs by young companies preparing to go public. However, that's just one example of their work assignments.
Tips for dating on Wall Street—yep, she thinks you're a jerk
A few weeks ago, I was talking to this girl at a bar and she asked me what I did. I told her I am a comic but I used to work on Wall Street. She said, "Thank god. Because all Wall Street guys are douchebags.
Late last month the Web buzzed about their blog, Dating a Banker Anonymous, which bills itself as a place for Wall Street women to vent about how the financial crisis has killed their love lives. Populist outrage followed the publication of a credulous profile in the New York Times, and was furthered with the news last week that the DABA girls have signed with big name agencies in Hollywood and New York publishing--United Talent and Janklow Nesbit, respectively. This has, of course, renewed rumors of a book, a movie and maybe even a TV series based on the blog. But even after a full turn of the media world -- NPR has raised doubts about the site's authenticity and the New York Times was forced to defend its story-- the question remains: are these girls for real? In response to inquiries by Newsweek, the Times plans to issue an Editor's Note, indicating that it was misled about the nature of DABA, and should not have referred to it as a support group.