Info about investment banking and consulting
PaGaLGuY.com - The Everything of MBA, CAT 2008, GMAT, XAT, IIM
         Home          MBA Forums         PG Office Blog         Contact Us         About Us                  Jobs @ PG
Exclusive Bschool Content:      Interviews      B-School Watch     MBAs speak     Placements     GMAT & MBA Abroad      Form Notifications
» Sponsors





Go Back   PaGaLGuY.com - The Everything of MBA, CAT 2008, GMAT, XAT, IIM > The Lounge > Career Discussions

Notices
Career Discussions Discuss your career related issues, future aspirations and receive guidances from our members who've been there - done that!

Tags: , , ,

Reply
 
LinkBack Thread Tools Display Modes
Info about investment banking and consulting
Old
  (#1)
amithmp
has no status.
Trainee PaGaL
 
Status: Offline
Posts: 93
Join Date: Feb 2004
Location: Bangalore
Age: 29
Groans: 0
Groaned at 0 Times in 0 Posts
Thanks: 0
Thanked 54 Times in 10 Posts
Info about investment banking and consulting - 19-03-2004, 10:14 AM

I am planning to give some info about investment banking and consulting, such as what exactly an i-banker or a consultant do, what skill sets are required to do this job, pros and cons etc etc.....

to start with here is a set of slides about investment banking (source bw forum)
(i cann't attach ppt here, hence giving the links)

http://amithmp.tripod.com/downloads/...nt_banking.ppt

(clicking on this link may not work, so cut and paste the link in your browser..)

-Amith
   
Reply With Quote
The Following 12 Users Say Thank You to amithmp For This Useful Post:
accenture07 (30-05-2008), chevell (19-10-2007), Daniel Ocean (22-06-2007), gaurav09 (12-06-2008), GeminiGal (08-06-2008), HarshaRocks (21-06-2007), jayadev atchula (21-06-2007), lehmanbrothershereicome (22-06-2007), neeraj_uchila (21-06-2007), rani_das (22-03-2007), samit (26-06-2007), shekhar (06-11-2006)
Sponsored Links
Re: Info about investment banking and consulting
Old
  (#2)
amithmp
has no status.
Trainee PaGaL
 
Status: Offline
Posts: 93
Join Date: Feb 2004
Location: Bangalore
Age: 29
Groans: 0
Groaned at 0 Times in 0 Posts
Thanks: 0
Thanked 54 Times in 10 Posts
Re: Info about investment banking and consulting - 19-03-2004, 10:17 AM

here is a presentation made in wharton about mckinsey. This presentation includes what exactly mckensey expects from the candidates, how to prepare for the interview etc.. (source bw forum)

http://amithmp.tripod.com/downloads/...ey_wharton.ppt

(clicking on this link may not work, so cut and paste the link in your browser..)

-Amith
   
Reply With Quote
The Following 9 Users Say Thank You to amithmp For This Useful Post:
chevell (19-10-2007), Daniel Ocean (22-06-2007), gaurav09 (12-06-2008), lehmanbrothershereicome (22-06-2007), naren31 (16-11-2007), neeraj_uchila (21-06-2007), rani_das (22-03-2007), ryan_g11 (10-08-2007), shekhar (06-11-2006)
Re: Info about investment banking and consulting
Old
  (#3)
amithmp
has no status.
Trainee PaGaL
 
Status: Offline
Posts: 93
Join Date: Feb 2004
Location: Bangalore
Age: 29
Groans: 0
Groaned at 0 Times in 0 Posts
Thanks: 0
Thanked 54 Times in 10 Posts
Re: Info about investment banking and consulting - 19-03-2004, 10:55 AM

-ve aspects of consulting job

This was posted in Business Week forum, by somebody who worked in a major consulting firm.

( same person wrote about the positive points of consulting too, i will put it in my next post)


--------------------------------------------------------------------------------------------
Travel: It sucks. Don't let anyone tell you otherwise. It seriously sucks. Traveling 50-100k miles per year is hard on your life. Your weekends are too short because you have to spend Sunday night packing and if you are not lucky enough to get back in town on Thursday night, your Friday night will be shot. Saturday will be spent catching up doing things people with normal jobs do during the week...running errands. Don't forget, you may also have to put in a few hours of work on the weekend too.


Hours: If you go into consulting expecting to work 60 hours per week, you will be pleasantly surprised. However keep in mind that you will be traveling at least 8 hours per week on top of working. The worst times are the beginning and the end of engagements. You will get the occassional 80 hour plus week.


Strategy: Everyone wants to be a strategist. Talk to five different people and you will get five different descriptions of strategy consulting. McKinsey will spin strategic sourcing of paper clips as "a major cost restructuring of the highest importance to senior most executives of XYZ company" The reality is very little consulting is "real strategy work" anymore. Companies simply don't need to hire MBAs from XYZ firm to come in and advise them on the direction of their organization like they used to. Why? They have their own strat planning departments staffed by the same MBAs Bigtime consulting hires and in most cases former employees of Bigtime consulting. Companies hire consultants to come in and do very specific projects that they 1) do not have expertise in (a one time merger integration or system implementation for instance 2) need third party validation of something they already know/do not have the resources in house to spare or 3) simply have money to waste (spend your budget or get it cut next year). The bottomline is if you like solving whatever problem a particular business throws at you whether it is sourcing paper clips, implementing SAP, or the occasional real strat project, then you will like consulting. If you think you are going to be on a first name basis with Michael Dell and whisper the next major move of Dell Computer in his ear over lunch, you are going to be sorely disappointed.

The majority of your time will be spent doing several things. Interviewing clients, driving spreadsheets, doing research, and then compiling the information into 150 page powerpoint decks that no one is going to read while working in a cramped conference room (if you are lucky). All your work and brilliant analyses will get synthesized into one bullet point that some partner is going to take to present while you sit back at the office. Bigshot CEO won't know you from the security guard (or the legions of other consultants from other firms his whipping boy middle manager/directors have hired to do projects at his company).


Upward Mobility: People seem to think that consulting opens a lot of doors for you. it really doesn't. if you want to work at a f500, you should go straight after b-school. The problem with consulting is that you become a jack of all trades, but an expert of nothing. What happens is that the most of the jobs that you will want generally will require some type of a line experience. In other words, it is hard to go from consulting to being a Brand Manager because you have no real applicable experience. The only areas that are going to be open are strat planning departments and there are TONS of burnt out consultants looking for those jobs. Also, people seem to assume that you can go work for your clients. In some cases, this may be true. However, in most cases it is not. The reality is that 80% of your clients are going to hate your guts. Consultants are universally despised at most companies. Every now and then you make work with a client who really gets some value out of your work and recognizes that you are a genius and decides to offer you a nice job, but don't count on it. Take a look at the alumni job postings at any top school and ask yourself if you would be legitimately qualified for those positions after two years of consulting. Be honest.


Projects: Another problem with consulting is that you don't really have any control over your projects. Two people can have very different experiences. You simply have to do what work is available. If your utilization is low, you will soon see the door. Consulting is all about billable hours. As a result, you can't wait around for your dream project. So when Joe Partner ask you to work on the chicken plant reengineering project in Little Rock, you have to go...



Clients are the top-top senior most executives: The reality is that 95% of your engagements will be sponsored by some mid-level director, not the CxO. Now your work and analysis may be presented to the CEO at some point, but you are pretty much kept out of that conversation. Your project sponsor will update his boss who will update his boss who will then give a 2 minute blurb at the board meeting on your initiative. Basically, consulting projects are engaged by mid-level managers who have budgets to help them get projects done to satisfy their bosses. CEOs are way to busy running big-ass companies to be intimately invovled in the details of sourcing paper clips.

------------------------------------------------------------------------------------------
   
Reply With Quote
The Following 8 Users Say Thank You to amithmp For This Useful Post:
abhishek.205 (12-06-2008), baldeagle007 (03-07-2007), dude_faiz (23-03-2007), HarshaRocks (21-06-2007), kdashwini@gmail (26-06-2007), naren31 (16-11-2007), neeraj_uchila (21-06-2007), rani_das (22-03-2007)
Re: Info about investment banking and consulting
Old
  (#4)
amithmp
has no status.
Trainee PaGaL
 
Status: Offline
Posts: 93
Join Date: Feb 2004
Location: Bangalore
Age: 29
Groans: 0
Groaned at 0 Times in 0 Posts
Thanks: 0
Thanked 54 Times in 10 Posts
Re: Info about investment banking and consulting - 19-03-2004, 11:58 AM

Here are some brainteasers which you may face in interviews for i-bank or consulting job....(source vault.com)

-Amith

--------------------------------------------------------------------------------------------
Creativity and mental flexibility and speed are of paramount importance to high-tech firms, and one surefire way to test these qualities are through these slightly offbeat questions.

If you field one of these brainteasers, your interviewer may give you a time limit. Don't become flustered. Simply try to think through the question from every angle you can. Most questions require either logic, that ever-popular "out of the box" thinking, or both.


1) If you look at a clock and the time is 3:15, what is the angle between the hour and the minute hands?

The answer to this is not zero! The hour hand, remember, moves as well. The hour hand moves a quarter of the way between three and four, so it moves a quarter of a twelfth (1/4 of 360 degrees. So the answer is seven and a half degrees, to be exact.


2) A company has ten machines that produce gold coins. One of the machines is producing coins that are a gram light. How do you tell which machine is making the defective coins with only one weighing?

Think this through - clearly, every machine will have to produce a sample coin or coins, and you must weigh all these coins together. How can you somehow indicate which coins came from which machine? The best way to do it is to have every machine crank out its number in coins, so that machine 1 will make one coin, machine 2 will make two coins, and so on. Take all the coins, weigh them together, and consider their weight against the total theoretical weight. If you're four grams short, for example, you'll know that machine 4 is defective.


3) Four members of U2 (Bono, the Edge, Larry and Adam) need to get across a narrow bridge to play a concert. Since it's dark, a flashlight is required to cross, but the band has only one flashlight, and only two people can cross the bridge at a time. (This is not to say, of course, that if one of the members of the band has crossed the bridge, he can't come back by himself with the flashlight). Adam takes only a minute to get across, Larry takes two minutes, the Edge takes five minutes, and slowpoke Bono takes ten minutes. A pair can only go as fast as the slowest member. They have 17 minutes to get across. How should they do it?

The key to attacking this question is to understand that Bono and the Edge are major liabilities and must be grouped together. In other words, if you sent them across separately, you'd already be using fifteen minutes.

What does this mean? That Bono and the Edge must go across together. But they can not be the first pair (or one of them will have to transport the flashlight back). Instead, you send Larry and Adam over first, taking two minutes. Adam comes back, taking another minute, for a total of three minutes. Bono and the Edge then go over, taking ten minutes, and bringing the total to 13. Larry comes back, taking another two minutes, for a total of 15. Adam and Larry go back over, bringing the total time to 17 minutes.


4) How many gallons of white house paint are sold in the U.S. every year?

THE "START BIG" APPROACH: If you're not sure where to begin, start with the basic assumption that there are 270 million people in the U.S. (or 25 million businesses, depending on the question). If there are 270 million people in the United States, perhaps half of them live in houses (or 135 million people). The average family size is about three people, so there would be 45 million houses in the United States. Let's add another 10 percent to that for second houses and houses used for other purposes besides residential. So there are about 50 million houses.

If houses are painted every 10 years, on average (notice how we deftly make that number easy to work with), then there are 5 million houses painted every year. Assuming that one gallon of paint covers 100 square feet of wall, and that the average house has 2,000 square feet of wall to cover, then each house needs 20 gallons of paint. So 100 million gallons of paint are sold per year (5 million houses x 20 gallons). (Note: If you want to be fancy, you can ask your interviewer whether you should include inner walls as well!) If 80 percent of all houses are white, then 80 million gallons of white house paint are sold each year. (Don't forget that last step!)

You could also start small, and take a town of 27,000 (about 1/10,000 of the population). If you use the same assumption that half the town lives in houses in groups of three, then there are 4,500 houses, plus another 10 percent, then there are really 5,000 houses to worry about. Painted every 10 years, 500 houses are being painted in any given year. If each house has 2,000 square feet of wall, and each gallon of paint covers 100 square feet, then each house needs 20 gallons - and so 10,000 gallons of house paint are sold each year in your typical town. Perhaps 8,000 of those are white. Multiply by 10,000 - you have 80 million gallons.

Your interviewer may then ask you how you would actually get that number, on the job, if necessary. Use your creativity - contacting major paint producers would be smart, putting in a call to HUD's statistics arm could help, or even conducting a small sample of the second calculation in a few representative towns is possible.


5) What is the size of the market for disposable diapers in China?
Here's a good example of a market sizing. How many people live in China? A billion. Because the population of China is young, a full 600 million of those inhabitants might be of child-bearing age. Half are women, so there are about 300 million Chinese women of childbearing age. Now, the average family size in China is restricted, so it might be 1.5 children, on average, per family. Let's say two-thirds of Chinese women have children. That means that there are about 200 million children in China. How many of those kids are under the age of two? About a tenth, or 20 million. So there are at least 20 million possible consumers of disposable diapers.

To summarize:

1 billion people x 60% childbearing age = 600,000,000 people
600,000,000 people x 1/2 are women = 300,000,000 women of childbearing age
300,000,000 women x 2/3 have children = 200,000,000 women with children
200,000,000 women x 1.5 children each = 300,000,000 children
300,000,000 children x 1/10 under age 2 = 30 million


6) How many square feet of pizza are eaten in the United States each month?

Take your figure of 300 million people in America. How many people eat pizza? Let's say 200 million. Now let's say the average pizza-eating person eats pizza twice a month, and eats two slices at a time. That's four slices a month. If the average slice of pizza is perhaps six inches at the base and 10 inches long, then the slice is 30 square inches of pizza. So four pizza slices would be 120 square inches. Therefore, there are a billion square feet of pizza eaten every month.

To summarize:

300 million people in America
200 million eat pizza
Average slice of pizza is six inches at the base and 10 inches long = 30 square inches (height x half the base)
Average American eats four slices of pizza a month
Four pieces x 30 square inches = 120 square inches (one square foot is 144 inches), so let's assume one square foot per person
200 million square feet a month


7) How would you estimate the weight of the Chrysler building?

This is a process guesstimate - the interviewer wants to know if you know what questions to ask. First, you would find out the dimensions of the building (height, weight, depth). This will allow you to determine the volume of the building. Does it taper at the top? (Yes.) Then, you need to estimate the composition of the Chrysler building. Is it mostly steel? Concrete? How much would those components weigh per square inch? Remember the extra step - find out whether you're considering the building totally empty or with office furniture, people, etc.? (If you're including the contents, you might have to add 20 percent or so to the building's weight.)


8 ) You are faced with two doors. One door leads to your job offer (that's the one you want!), and the other leads to the exit. In front of each door is a guard. One guard always tells the truth. The other always lies. You can ask one question to decide which door is the correct one. What will you ask?

The way to logically attack this question is to ask how you can construct a question that provides the same answer (either a true statement or a lie), no matter who you ask.

There are two simple answers. Ask a guard: "If I were to ask you if this door were the correct one, what would you say?" The truthful consultant would answer yes (if it's the correct one), or no (if it's not). Now take the lying consultant. If you asked the liar if the correct door is the right way, he would answer no. But if you ask him: "If I were to ask you if this door were the correct one, what would you say," he would be forced to lie about how he would answer, and say yes. Alternately, ask a guard: "If I were to ask the other guard which way is correct, what would he say?" Here, the truthful guard would tell you the wrong way (because he is truthfully reporting what the liar would say), while the lying guard would also tell you the wrong way (because he is lying about what the truthful guard would say).

-------------------------------------------------------------------------------------------
   
Reply With Quote
The Following 10 Users Say Thank You to amithmp For This Useful Post:
abhishek.205 (12-06-2008), accenture07 (30-05-2008), Baby (28-05-2007), bandari (13-07-2007), gaurav09 (12-06-2008), mohit_82 (26-03-2008), naren31 (16-11-2007), rani_das (22-03-2007), shekhar (06-11-2006), studromeo (26-06-2007)
Re: Info about investment banking and consulting
Old
  (#5)
amithmp
has no status.
Trainee PaGaL
 
Status: Offline
Posts: 93
Join Date: Feb 2004
Location: Bangalore
Age: 29
Groans: 0
Groaned at 0 Times in 0 Posts
Thanks: 0
Thanked 54 Times in 10 Posts
Re: Info about investment banking and consulting - 19-03-2004, 12:42 PM

Now the +ve aspects of the consultancy job

this is writen by the same person who wrote the -ve sides of consultancy(and posted in bw forum)

-Amith

----------------------------------------------------------------------------------------

Smart Co-Workers: The concentration of smart people is pretty cool. Consulting firms have the luxury of hiring the smartest and most motivated people. This means you can usually count on your co-workers to get their work done and it will be done to the highest standard. You can have pretty intellectual conversations on everything from business to politics sitting around a conference room table 14 hours/day. Don't get me wrong, there are plenty of tools at consulting firms, but their aren't legions of unproductive middle managers like there are at f500 companies. You simple won't last long if you don't have your sh*t together.

Travel: You pretty much get status on most airlines. This means you forget what it is like to sit in coach. Your hotel rooms are always upgraded. You eat at the nicest restaurants in town a couple of times per week (you really need to join a gym). The funniest thing is to see the female consultants pack on 20 pounds in six months. Also, after a year of constant travel you an pretty much take a free two vacation (free airline tickets and hotels). I quit consulting last year and I have in excess of 300,000 points from a year of travel (airline, hotel, and amex). I will be taking a 2 week trip this year (free first class tickets, hotels, and rental car). All I need to pay for is food. Consulting travel paid for my honeymoon as well.

The 5% of Projects are really cool: When you work on that one engagement where you really do change the direction of the company or see the impact of your work it is pretty cool. As a business analyst I got the opportunity to present my portion of the project to the CEO of one of the most recognized companies in the world (no, he wouldn't remember me from the legion of other consultants he hired that year). Even if you don't get recognized for it, you know your esoteric forecasting model in excel helped some executive make a major decision. What is the coolest is if the decision makes the front page of the WSJ. I recall a Partner breathing down my neck for a number out of a financial model I was building for a merger. The next morning that number was mentioned in a front page WSJ article regarding the deal. Stuff like that makes the job cool. However, those are the climaxes of the engagements. You may spend months doing the most mundane BS before you really see something cool. the problem is that consultants play the background. We get all the blame and none of the credit. you will work on a lot of engagements that go no where. You will spend six months doing analyses and the end result is a powerpoint deck that collects dust.

Pay: The pay is good. Certainly pays better than industry, at least in the beginning.

Steep Learning Curve: You will learn a lot very fast. You have to learn how to absorb a ton of information and details about many different industries very quickly. Seriously. For instance, you may get called on a Friday to work on an engagement with a construction company. By Monday morning, you better be able to sound at least half way knowledgeable about the industry drivers so you don't make an ass out of yourself in front of the client. One year in consulting is like three in industry.
Freedom: While consulting is a corporate-like job, you do get a lot more freedom in down times. You usually don't have to stay at the office if you don't have any work to do. When you are on the beach (unstaffed), you can come in at 10 and leave at 2. Sometimes you can work from home. Most Partners just care about you getting your work done. If someone ask you for a deliverable on Friday, you just better have it. I never felt like someone was always watching over me.

-----------------------------------------------------------------------------------------
   
Reply With Quote
The Following 6 Users Say Thank You to amithmp For This Useful Post:
gaurav09 (12-06-2008), HarshaRocks (21-06-2007), naren31 (16-11-2007), neeraj_uchila (21-06-2007), rani_das (22-03-2007), shekhar (06-11-2006)
Re: Info about investment banking and consulting
Old
  (#6)
amithmp
has no status.
Trainee PaGaL
 
Status: Offline
Posts: 93
Join Date: Feb 2004
Location: Bangalore
Age: 29
Groans: 0
Groaned at 0 Times in 0 Posts
Thanks: 0
Thanked 54 Times in 10 Posts
Re: Info about investment banking and consulting - 19-03-2004, 03:50 PM

more brainteasers for consulting interviews (source vault.com)

How many pay phones are there on the island of Manhattan?

There are two ways to handle this problem. First of all, you could estimate how many blocks there are in Manhattan, and assume that 75 percent of all blocks have a pay phone. (Remember, the interviewer didn't say they had to work.) If there are about 15 avenues across Manhattan, and if the island is 300 streets long, then there are about 4,500 intersections. If every intersection indicates a block, then there are 4,500 blocks in the city. That means 3,000 pay phones. Now add the extra step and subtract the size of Central Park. Say that Central Park is 50 streets by six avenues - that means you lose 300 blocks, or 200 pay phones. You have the figure of 2,800 pay phones. Now estimate how many pay phones exist in bars, restaurants, schools, etc. There may be a total of 3,500 pay phones in Manhattan. (This question is also sometimes used with estimating the number of manhole covers in Manhattan.)


How many weddings are performed each day in Japan?

Try a ground-up approach. In a city of 1 million (Kyoto), how many people are of marriageable age? Let's say 750,000. How many get married in a given year? Maybe 2 percent? That's 15,000. Now, the population of Japan is about 200 million, so multiply 15,000 by 200 - and you get 300,000 weddings every year. Divide that by 365 and you get 822 weddings per day (on the average, though clearly some days are more popular than others). To estimate this in your head, you could divide 300,000 by 3,000 (getting 1,000), then take off another fifth. Around 800 would be close.

To summarize:

1 million people in Kyoto

750,000 of marriageable age

2 percent get married in the average year

750,000 x 0.02 = 15,000 marriages every year in Kyoto

200 million people in Japan

200 x 15,000 = 300,000 weddings per year

300,000/365 = 822 weddings per day (or approximately 800)


How many children are born every day in the United States?

Population of United States: 300 million (approximately). Half are women (150 million). Perhaps half of those are of childbearing age. How do you determine how many women are pregnant at any given time? Well:

Let's say the average span of childbearing for a woman is 40 years

The average woman has two children

So a woman is pregnant one year in 20, or 5 percent of the time

3.75 million women are pregnant every year

So divide by 365 - you get about 10,000 babies a day (actually, 10,273)

Do the extra step - round up for multiple births, so maybe 12,000


How much change would you find on the floor of an average mall?

This seemingly silly guesstimate was received by a job seeker at McKinsey. It's an example of a guesstimate that is also a way to test candidate's "out-of-the-box" thinking. First, estimate how many stores there are in the average mall - say, 50. Now, how many people enter the average store on the average day? A thousand? So if there are 50,000 visitors to a mall daily, how many lose change? If one in 50, say, drops money (1,000 people a day), how much is the average loss of change? Most amounts are probably small. People carry fewer quarters, for example, and are more likely to retrieve them. So let's say that if a person is equally likely to drop a penny, nickel, or dime, then the average person who loses change loses a nickel. That means there would be $500 worth of change on the average floor. If half of that change has been picked up immediately, that would be $250 worth of change.

Also ask: Is there a fountain in the mall? If a fountain is considered to be the "floor" of the mall, the amount of change would obviously increase.


How many bottles of wine are consumed in the United States each week?

Determine:

The number of people in the United States
The number of adults
The number of wine drinkers
Average number of glasses of wine consumed per wee.
Number of glasses of wine in an average bottle
(Extra step: You may wish to estimate how much wine is used for non-drinking purposes - cooking, for example. Also clarify whether the interviewer is speaking of standard-sized bottle of wine.)

You could reasonably make the following assumptions:

There are about 300 million people in the United States:
250 million are adults
Perhaps 220 million drink alcohol
200 million drink wine
The average wine drinker drinks two glasses of wine a week,
400 million glasses of wine consumers per week
About five glasses of wine in the average bottle
80 million bottles of wine consumed in America each week
Estimate how many bottles wine is used for cooking - perhaps another 5 million
85 million bottles of wine consumed per week


-Amith
   
Reply With Quote
The Following 5 Users Say Thank You to amithmp For This Useful Post:
naren31 (16-11-2007), neeraj_uchila (21-06-2007), rani_das (22-03-2007), shekhar (06-11-2006), studromeo (26-06-2007)
Re: Info about investment banking and consulting
Old
  (#7)
haripi2
has no status.
Hardcore PaGaL
 
haripi2's Avatar
 
Status: Offline
Posts: 460
Join Date: Dec 2003
Location: Chennai
Age: 26
Groans: 0
Groaned at 6 Times in 5 Posts
Thanks: 4
Thanked 397 Times in 22 Posts
Re: Info about investment banking and consulting - 19-03-2004, 04:07 PM

gr8 stuff dude...
kep it up... :P :P

20,000 points up your way....

cheers,
prashanth


I'm so poor :crazyeyes: :bad-words: I can't even pay attention .....
http://haripi2.blogspot.com/
  Send a message via Yahoo to haripi2  
Reply With Quote
The Following 2 Users Say Thank You to haripi2 For This Useful Post:
accenture07 (30-05-2008), rani_das (22-03-2007)
Re: Info about investment banking and consulting
Old
  (#8)
s_bibin
has no status.
Newbie PaGaL
 
Status: Offline
Posts: 8
Join Date: Oct 2003
Location: India
Groans: 0
Groaned at 0 Times in 0 Posts
Thanks: 0
Thanked 1 Time in 1 Post
Re: Info about investment banking and consulting - 19-03-2004, 06:05 PM

good piece of info, dude.. People talks lot about these dream jobs, but rarely we come across any info, which describes the job responsibilities of an investment banker.. and also a management consultant... How did you manage to get the McKinsey document , Yaar ?? ..

- Bibin.


I think therefore I am. What do you think ?
   
Reply With Quote
The Following User Says Thank You to s_bibin For This Useful Post:
rani_das (22-03-2007)
Re: Info about investment banking and consulting
Old
  (#9)
post2ashish
has no status.
Hardcore PaGaL
 
post2ashish's Avatar
 
Status: Offline
Posts: 311
Join Date: Mar 2004
Location: Moombhaai
Age: 28
Groans: 0
Groaned at 2 Times in 1 Post
Thanks: 1
Thanked 7 Times in 6 Posts
Re: Info about investment banking and consulting - 19-03-2004, 06:58 PM

Quote:
Smart Co-Workers: The concentration of smart people is pretty cool. Consulting firms have the luxury of hiring the smartest and most motivated people. This means you can usually count on your co-workers to get their work done and it will be done to the highest
thts gr8 dude... regd brainteasers... all these r Qs which r asked in telephonic interviews by american universities/consultancy companies b4 takin a candidate.
But seriously they refreshed my memories & may b an indianized version may b put up in one of the ints...

keep posting pal..
ashish
  Send a message via Yahoo to post2ashish  
Reply With Quote
The Following User Says Thank You to post2ashish For This Useful Post:
rani_das (22-03-2007)
Re: Info about investment banking and consulting
Old
  (#10)
Gordon
has no status.
Hardcore PaGaL
 
Gordon's Avatar
 
Status: Offline
Posts: 420
Join Date: May 2003
Location: Bumbaie ... Gudgawaan
Age: 25
Groans: 0
Groaned at 1 Time in 1 Post
Thanks: 0
Thanked 4 Times in 4 Posts
Re: Info about investment banking and consulting - 20-03-2004, 07:45 PM

theres 5000 points to you amith ... good post...particularly the puzzles...

stay cool

xcess


Work hard ... Party harder
_________________
  Send a message via Yahoo to Gordon Send a message via MSN to Gordon  
Reply With Quote
The Following User Says Thank You to Gordon For This Useful Post:
rani_das (22-03-2007)
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On
Forum Jump