Image Credit: NY Post The Paradox On Tuesday, Goldman Sachs posted results that most banks would celebrate without qualification: profit up 37% to $4.1 billion, revenue climbing 20% to $15.18 billion, investment banking fees surging 42%. The firm is on track for its...
The Inconvenient Truth About How Investment Bankers Are Made Investment banking has long operated on a convenient fiction: that the skills required to be a good analyst have much to do with the skills required to be a good managing director. They don’t, really....
The Transformation Underway JPMorgan Chase is exploring a dramatic restructuring of its investment banking workforce, with proposals under discussion to reduce the ratio of junior bankers to senior managers from 6-to-1 to 4-to-1, according to recent reports. However,...
The investment banking recruiting landscape has reached an unprecedented inflection point where traditional power dynamics have been completely upended. While deal flow is rebounding and banks contemplate potential staffing shortages, this isn’t creating the...
The definitive guide to avoiding the responses that instantly disqualify you Introduction: Your Words Can End Your Career Before It Starts Not getting a return offer from your investment banking internship stings. After analyzing hundreds of real interview...
Get Real-Time Recruiting Intel Your Competition Never Sees While you’re refreshing Goldman Sachs’ careers page for the hundredth time, students enrolled in Prospect Rock Academy are accessing recruiting market intelligence through Meridith’s 36,000+...