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A Career in IT vs Investment Banking / Private Equity ? What is your opinion ?
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nairpraveenk nairpraveenk is offline
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Re: A Career in IT vs Investment Banking / Private Equity ? What is your opinion ? - 25-09-2006, 10:34 AM

Quote:
Originally Posted by TheVishy
Hi guys
Which career is more lucrative these days ? Investment banking or Information Technology ?
In other words can anyone list some pros and cons f both these careers ?
Just to get some good perspective

Thanks a lot
~N
I would go for Investment Banking!!!! Awesoem area to expore!! Lots to learn and everyday is a new challenge!! IT is a monotonous job!!!! Its Sux!!
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Re: A Career in IT vs Investment Banking / Private Equity ? What is your opinion ? - 25-09-2006, 01:28 PM

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Originally Posted by nairpraveenk
I would go for Investment Banking!!!! Awesoem area to expore!! Lots to learn and everyday is a new challenge!! IT is a monotonous job!!!! Its Sux!!
1. It may be your personal opinion that IT sucks. IT (nd ITES) has become a mass job creating machine in India, primary reason for India being recognized as eco power etc and bringing fame and forex. No PG without IT
2. Also ppl not oriented towards finance and numbers may not find IB interesting. entry is extremely restricted to creme from IIM's. most client facing jobs like BD, sales, mktg and creative jobs dont need that kind of orientation and have bigger openings.
3. yes, you may go to IB and enjoy the everyday challenge. that will be post your IIMA/B/C/L with prior exp and preferably with a masters in fin/CA/CFA or a US-MS, which is the usual profile Lehmann, goldman etc hires. No. of hires every year can be counted in one hand fingers.


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Re: A Career in IT vs Investment Banking / Private Equity ? What is your opinion ? - 01-10-2006, 09:21 PM

I-banking (just like IT, Formula-1 driving, sky-diving...) can get equally monotonous in a few years, after you've gone through the basic learning curve. Which is why so many people yearn for a career change after 7-10 years, inspite of having a very successful current career
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