Investment Bank Culture Questions : 2009 - 2014 Archive
Check GMAT Club Decision Tracker for the Latest School Decision Releases http://gmatclub.com/AppTrack

 It is currently 24 Jan 2017, 07:57

# STARTING SOON:

How to Get Off the MBA Waitlist: YouTube Live with Personal MBA Coach  |  Click Here to Join the Session

### GMAT Club Daily Prep

#### Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# Investment Bank Culture Questions

Author Message
Intern
Joined: 05 Nov 2008
Posts: 3
Followers: 0

Kudos [?]: 0 [0], given: 0

### Show Tags

27 Oct 2010, 10:16
Hello, I searched through the career forum for answers to my questions, but was unable to find anything of substance.

I would like to know a little about the culture of the investment banks. Here are a few questions that I have

Are they conservative in nature? Example, professional dress and manner are expected at all times.
Is the hierarchy or management structure of the bank respected and adhered to?

In essence, I am wondering if investment banking has a culture that is similar to that of the military (I was raised up in a military household). There is a schedule and firm structure to the day, new ideas must be tested with a fact based process before implemented, task-oriented, factual, tangible results, tasks are completed on time, details and having things done right are of importance, management/leaders are respected, and people are expected to follow the rules and get things done.

Thank you
VP
Joined: 11 Dec 2006
Posts: 1430
Location: New York, NY
Schools: NYU Stern 2009
Followers: 41

Kudos [?]: 221 [0], given: 6

Re: Investment Bank Culture Questions [#permalink]

### Show Tags

27 Oct 2010, 13:43
You can't cover an industry with a culture. They vary drastically from institution to institution, business area to business area. Some are pretty casual, others want you in a suit at weekends.

As for the military, pretty much all banks have an afinity to military candidates. They are well trained at promise, delivery and execution and are typically pretty excellent at being reliable. That helps anywhere, but especially in a business where small errors cost money quickly.
_________________
Current Student
Joined: 07 May 2010
Posts: 731
Followers: 14

Kudos [?]: 88 [0], given: 66

Re: Investment Bank Culture Questions [#permalink]

### Show Tags

27 Oct 2010, 15:29
Senior Manager
Joined: 21 Sep 2010
Posts: 261
Followers: 5

Kudos [?]: 30 [0], given: 56

Re: Investment Bank Culture Questions [#permalink]

### Show Tags

28 Oct 2010, 08:35
The link posted is great jordnanhendrix. Thanks!
_________________

"Only by going too far, can one find out how far one can go."

--T.S. Elliot

Re: Investment Bank Culture Questions   [#permalink] 28 Oct 2010, 08:35
Similar topics Replies Last post
Similar
Topics:
14 Investment Banking Interview for Dummies 18 29 Jan 2009, 12:08
63 Investment Banking Recruiting 90 26 Dec 2008, 08:15
2 Women, Alcohol and Investment Banking 4 11 Dec 2008, 18:13
Investment Banking Interviews 7 17 Nov 2008, 20:21
6 Investment Banking Sales and Trading... 43 23 Jun 2008, 14:53
Display posts from previous: Sort by

# Investment Bank Culture Questions

 Powered by phpBB © phpBB Group and phpBB SEO Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.