Quant-focused: Under the Radar I-Banks

Typical of anyone that has a blog, I created mine based on this idea about the distinctly different categories of people that go to an MBA program, a Poet and a Quant. Not having a depth of experience like many of my peers that were working in accounting firms, engineering companies, or the like, I thought the alliteration “notquiteaquant” would be quite hilarious.

As I have gone through school I have realized how much I enjoy my quant classes – no matter the amount of hair-pulling that occurs.

Because of this, I am going to start posting a “Quant-focused” article as often as possible. When I see something interesting, or to talk about Quant-related MBA topics.

Just today I found this article on P&Q. They discuss Seven Under the Radar I-Banks that many MBAs at elite schools may overlook. Honestly, P&Q will do a better job than me when discussing the intricacies of I-Banking, but I wanted to share for those people that are interested in learning more.

While they discuss starting salaries, diversity, hours worked per week, and advancement opportunities, P&Q also mentions the idea that there is more to do and be outside of the Big I-Banks that all MBAs seek to pursue.

It is getting to that point where internships are ending and job offers start being sent out to MBAs entering their second year, so this article was aptly posted to their site.

This idea of not landing a stellar job in the company of your choice goes back to a conversation I had recently that diverges from the “grow where planted” mentality. One person talked about bouncing around at jobs she didn’t really like, but when she found the job she wanted she talked about it like this: “But when I landed, I landed well.”

Looking at future career changers and climbers I look back to that turn of phrase. I am glad that not everyone has to grow where planted because it isn’t always for them. But it is also equally important to stay when you get that opportunity that is crafted especially for you. I hope that my colleagues that get a offer at one of the Seven I-Banks mentioned in the article don’t mourn over the loss of that Goldman Sachs job, but instead make the decision that they are going to do some amazing things in the company that chose them.