Comments on: The Investment Banking Managing Director: King of the Jungle, or Tragic Hero? https://mergersandinquisitions.com/investment-banking-managing-director/ Discover How to Get Into Investment Banking Thu, 23 May 2024 22:36:25 +0000 hourly 1 https://wordpress.org/?v=6.5.5 By: Laura Alexander https://mergersandinquisitions.com/investment-banking-managing-director/#comment-874536 Thu, 23 May 2024 22:36:25 +0000 https://www.mergersandinquisitions.com/?p=29467#comment-874536 In reply to M&I – Brian.

Thank you very much!
Best wishes

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By: M&I - Brian https://mergersandinquisitions.com/investment-banking-managing-director/#comment-873974 Fri, 17 May 2024 23:27:56 +0000 https://www.mergersandinquisitions.com/?p=29467#comment-873974 In reply to Laura A..

You should probably start by thinking about biotech equity research rather than investment banking (much easier to get hired there coming from a medical background):

https://mergersandinquisitions.com/biotech-equity-research/

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By: Laura A. https://mergersandinquisitions.com/investment-banking-managing-director/#comment-873151 Wed, 08 May 2024 21:51:13 +0000 https://www.mergersandinquisitions.com/?p=29467#comment-873151 Good article. Thank you.
I am a physician, has been working for pharmaceutical industry over 20 years. I am interested in working for investment bank, wall street banks, analyzing pharma/biotech companies assets. Where should I start?

Thank you.

L.A.

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By: Kashish https://mergersandinquisitions.com/investment-banking-managing-director/#comment-844389 Fri, 05 Apr 2024 09:09:11 +0000 https://www.mergersandinquisitions.com/?p=29467#comment-844389 In reply to M&I – Brian.

Thanks a lot. Appreciate it.

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By: M&I - Brian https://mergersandinquisitions.com/investment-banking-managing-director/#comment-844379 Thu, 04 Apr 2024 19:00:11 +0000 https://www.mergersandinquisitions.com/?p=29467#comment-844379 In reply to Kashish21.

I recommend taking a job where you learn sales skills and get paid relatively well and then leveraging those skills to start something on your own, either full-time or on the side. There is no “easy” path to a $10M+ net worth. You either work a lot, take a lot of risk, or both (or steal/inherit the money, but that’s not an option for most people).

It’s highly unlikely you’ll reach this level by working in IB and staying there because most people burn out or get fired long before that, and you really need to reach the MD level to get to that kind of wealth (barring something like putting your life savings in Bitcoin in 2010 and keeping it there for 10+ years). The same issues crop up with PE, HFs, etc. – possible, yes, but failure or burnout are also likely scenarios.

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By: Kashish21 https://mergersandinquisitions.com/investment-banking-managing-director/#comment-844362 Thu, 04 Apr 2024 16:08:54 +0000 https://www.mergersandinquisitions.com/?p=29467#comment-844362 Hi Brian,
I’m a student, following M&I for the past 2 years.

To be honest – I have no passion. I just want to be free financially ( ~ 10M$).
What route would you recommend me to take?
I’m thinking that starting a business (not a tech startup where VCs force you to grow too fast and die most of the times). It’s just seems like a better option to me considering you’ll work a lot in high finance as well… so might as well build equity for it…
And yeah I know it’s more risky blah blah blah… I prefer trying and failing rather then slaving my life away just because I’m scared like a fu*king NPC…
It’s essentially what you did…

What do say?
Would love to hear your honest opinion…

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By: M&I - Brian https://mergersandinquisitions.com/investment-banking-managing-director/#comment-791781 Sun, 26 Feb 2023 14:16:59 +0000 https://www.mergersandinquisitions.com/?p=29467#comment-791781 In reply to Alex.

Thanks! We try.

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By: Alex https://mergersandinquisitions.com/investment-banking-managing-director/#comment-791684 Fri, 24 Feb 2023 09:59:53 +0000 https://www.mergersandinquisitions.com/?p=29467#comment-791684 Best website on investment banking on the internet

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By: M&I - Brian https://mergersandinquisitions.com/investment-banking-managing-director/#comment-756906 Wed, 10 Aug 2022 19:01:53 +0000 https://www.mergersandinquisitions.com/?p=29467#comment-756906 In reply to Saniya Shah.

Thanks!

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By: Saniya Shah https://mergersandinquisitions.com/investment-banking-managing-director/#comment-755734 Sat, 06 Aug 2022 16:51:07 +0000 https://www.mergersandinquisitions.com/?p=29467#comment-755734 Very well structured article. Thank you!

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