Thank you for using the timer!
We noticed you are actually not timing your practice. Click the START button first next time you use the timer.
There are many benefits to timing your practice, including:
Investment Bank Culture Questions [#permalink]
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.
Re: Investment Bank Culture Questions [#permalink]
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.