Friday, June 13, 2008

Introduction

So I have a friend "The Analyst" who is at the same bulge bracket bank in New York that I will be interning with. He started a blog that has been extremely helpful in preparing in some degree what I will face. His blog can be found at http://lifeofasummerintern.blogspot.com/ I would recommend visiting his blog if you are interested in investment banking.

I have the same intentions The Analyst has. I created this blog for future interns at investment banks. One advantage of reading both blogs is that those interested in banking will get to see different cultures among the same firm. The Analyst and I may or may not have different assignments, hours, pay, because of the location we are in. Use our blogs to compare and contrast.

One of my biggest pet-peeves was asking all the return interns from Summer 2007 what they did on a day-to-day basis. None could give me a straight answer. If future candidates want to know what I did, I can send them to this blog and they will be able to read what I have done day-to-day.

Another reason I am doing this blog is to respond to the numerous questions from friends and family about investment banking. So often people will ask what I want to do and when I tell them investment banking they reply, "Oh, so basically I can give you my money and you will make me rich?" No. That is portfolio management. I am not a portfolio manager. Reading this blog will give you a better idea of what I do and what investment banks do.

There are obvious disclosure policies that will not allow me to be extremely specific, but I will do the best I can to provide detail and to respond to comments posted on the blog.

Have fun reading it, as I know I will have fun creating it!

WARPANG

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