Do investment bankers cheat on their wives?

The primed bankers reported 58 percent winning tosses, leading the researchers to conclude that 26 percent of the subjects cheated. They add that 58 percent is “significantly above chance and significantly higher than the success rate reported by the control group.”

Are bankers cheaters?

Some of the primed bankers seem to have cheated on just a few tosses, and others lied enough so that they won the full $200. The researchers calculated that 26 percent of the bankers in the experimental group lied at all, and they cheated on 16 percent of their total tosses.

Can investment bankers take sick days?

Many investment bankers clock in no official sick days at all, simply because when they are too ill or exhausted to come into the office they just call their immediate superior and note the absence.

Do you need MBA for investment banking?

Current and former investment bankers acknowledge that it is possible to get a job at an investment bank without an MBA degree, and they note that investment banks often recruit analysts from prestigious undergraduate institutions.

Is 65 too old to be an investment banking analyst?

Banks will always discriminate based on age because you cannot do the job of an Investment Banking Analyst as a 65-year old; you just won’t have the energy and ability to pull all-nighters. They’ll just frame it differently and say that you have too much experience for an entry-level role or that you’re over-qualified.

What skills do you need to become an investment banker?

For investment banking to make sense: You must really want to advise companies on debt, equity, and M&A transactions and spend a lot of time in PowerPoint, Excel, and Word; or You must be interested in a specific exit opportunity that normally features investment banking as a prerequisite, such as private equity or corporate development.

What is the best way to get into investment banking?

If you’re in a region such as the U.S. or U.K., there are four main entry points into the investment banking industry: 1. As an Undergraduate, Ideally at a Top University This is the easiest and cheapest way to get into the industry, but you must decide very early on that you want to pursue IB.

What do I need to know about investment banking exit opportunities?

You must be interested in a specific exit opportunity that normally features investment banking as a prerequisite, such as private equity or corporate development. For more tips on how to make a decision, please see our articles on “ Is Finance Still a Good Long-Term Career?” and “ Investment Banking Exit Opportunities .”