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No one would like to enter/stay in Commercial banking?

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Intern
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Joined: 12 Jul 2012
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GMAT 1: 710 Q49 V38
WE: Corporate Finance (Commercial Banking)
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No one would like to enter/stay in Commercial banking? [#permalink] New post 13 Jul 2012, 01:30
I have worked in Commercial banking ( I mean corporate finance) for more than 5 years
I find it is still interesting especially when you meet different people involved in different industries.
Everytime I leaned the new field/product, I feel exciting and really want to know how the company operates
and how can bank sell products to them.

However I still fond that few post-MBA chose to enter this area but rather to IB
I do not know why CB is the place never been attractive?
How do you think?
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Re: No one would like to enter/stay in Commercial banking? [#permalink] New post 14 Jul 2012, 09:43
because the pay isn't anywhere close to IB
Intern
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GMAT 1: 710 Q49 V38
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Re: No one would like to enter/stay in Commercial banking? [#permalink] New post 15 Jul 2012, 03:46
mrblack wrote:
because the pay isn't anywhere close to IB



But obviously not all can suffer from the workload of IB~~
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Re: No one would like to enter/stay in Commercial banking? [#permalink] New post 26 Jul 2012, 17:20
There are people who go into the commercial bank mgmt programs, but they are not the type who talk about themselves all the time. IB is a business of many egos, desirable to lots of people who love talking about what they want to do and how they are into the challenge and not the money. Though when the money goes, like the past few years, you suddenly notice way less people applying to do I-Banking.

Also, you overlook that this is only the first step out of business school. A fair percentage of people go in to IB for the 'exit opportunities', which is akin to saying they can't see how they could do banking for more than three years without going crazy.

Anyway - Commercial Banking is much more of a long term, stable career move, which is way less popular as a business school direction change than those that promise wealth and prestige.
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Re: No one would like to enter/stay in Commercial banking?   [#permalink] 26 Jul 2012, 17:20
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No one would like to enter/stay in Commercial banking? Evamimi 3 13 Jul 2012, 01:30
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This one has been posted before, but I would like to post bkk145 7 06 Oct 2007, 17:01
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No one would like to enter/stay in Commercial banking?

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