The Top 4 Mistakes Students Make with Networking Emails – and How to Fix Them and Double Your Response Rate

2 Comments | Investment Banking - Networking

Investment Banking Email Networking MistakesWhat’s the biggest difference between an MBA and an undergrad?

“Work experience” or “age” might immediately come to mind.

Or, perhaps, “level of polish” or “presentation skills.”

And if you’re more cynical, “amount of student debt” might also be up there.

But how can you distinguish an MBA from an undergraduate at a glance?

There’s no foolproof way to do this in real life, but if you’re looking at email, it’s trivial.

I can look at any email message and tell, based on the first 2-3 sentences alone, whether a high school student, university student, MBA, or seasoned professional sent it.

It’s easy because emails from younger students are almost universally awful.

As with fixing your LinkedIn profile and your email templates, refining your email strategy is another way to improve your odds of recruiting success with minimal time and effort.

It’s a quick win, but also an impactful one.

Why Does This Matter?

From Transaction Advisory Services to Investment Banking: How to Use a Top-Tier MBA Degree to Break In

14 Comments | Case Studies & Reader Success Stories - From MBA Programs, Case Studies & Reader Success Stories - From the Big 4, MBA & Master's Programs - Using the Degrees to Break Into Finance

Transaction Advisory Services to Investment BankingSo let’s say you got interested in consulting in undergrad…

And then you were “sold” on joining a boutique consulting firm right after graduation…

But then you realized you wanted to move into finance and move to another country.

What would you do?

Network a lot?

Move to a more finance-related role first?

Apply to top-tier business schools?

“All of the above” might be the best answer here, as you’ll see from one reader who made this exact transition.

In addition to all that, you’ll also discover:

  • What MBA-level recruiting at a top business school is like, and what separates successful candidates from unsuccessful ones.
  • How to defy the odds and work in the finance industry in China as a foreigner.
  • Whether or not you need a steppingstone job if you’re using an MBA to transition into investment banking.
  • Whether or not IB recruiting is easier now that tech is attracting more MBA candidates.

Boutique Consulting to TAS in China: Lost in Translation?

A Bitcoin Startup: The Best Exit Opportunity for Bankers Interested in Tech?

2 Comments | Government, Non-Profits & Entrepreneurship - On the Job

Bitcoin StartupDo you learn anything useful in investment banking?

Banks hype up the “transferable skill set,” but anyone who’s worked full-time in IB before might tell you something different:

No, compulsively fixing font sizes in PowerPoint and swapping in slide for last-minute fire drills do not count as “transferable skills.”

But there might be one area where your experience in the industry does give you an advantage.

I’m referring to financial technology (fintech) startups, and the latest, hottest area within fintech: Bitcoin.

Our interviewee today worked in investment banking and private equity before leaving to start BitX, a leading Bitcoin wallet, exchange, and merchant services provider.

Say hello to Marcus Swanepoel, who shares the full story of how he left his previous career in finance to change the world with Bitcoin:

Banking to Bitcoin

Q: Can you start by telling us exactly what your company does and how it’s different from other Bitcoin-related startups?