FAQs
Depending on the person, the Financial Institutions Group (FIG) could be the most technically challenging and interesting group to work in or a bottomless dungeon with lava-dwelling crocodiles that eat children all day.
Is equity research hard to break into? ›
Getting a job in equity research can be extremely competitive. Global investment banks and boutique firms only have so many Analysts and Associates, with a limited number of new people they hire each year.
Is fig part of ib? ›
Nearly all of the large investment banks have a FIG business integrated with their overall offerings.
How long is the biws course? ›
There are approximately 40 hours of training, and we provide study plans for 10, 20, and 30 hours, with options targeted at different fields, such as investment banking, private equity, and equity research. Overall, you should plan to spend around 1 hour per day on the course over 1 month to get good results.
Is a 3.9 GPA good for investment banking? ›
It is important to note, a very high GPA at a state school, such as 3.9 or above, is often seen as more impressive than a middling GPA (like 3.2 or 3.3) from an Ivy League school. It demonstrates exceptional academic prowess and dedication, which are highly valued in the competitive field of investment banking.
Which investment bank is hardest? ›
These are the 10 hardest investment banks to get a job at in the world🌍👇 1. JP Morgan 2. Goldman Sachs 3. Bank Of America 4.
How much does a VP of equity research make? ›
As of Jun 13, 2024, the average annual pay for a Vice President Equity Research in the United States is $157,532 a year. Just in case you need a simple salary calculator, that works out to be approximately $75.74 an hour. This is the equivalent of $3,029/week or $13,127/month.
Is equity research good for introverts? ›
The type of person who's suited to equity research is someone who enjoys writing, routine, financial analysis, and is introverted.
What GPA do you need for equity research? ›
Minimum 3.0 GPA. You have basic knowledge of and a keen interest in finance. You are analytical, adaptive, possess an excellent work ethic, are a leader yet team player, as well as a multi-tasker. You possess proficient oral and written communication skills.
Why is fig interesting? ›
Fascinating Fig Facts
Fig trees have no blossoms on their branches. The blossom is inside of the fruit! Many tiny flowers produce the crunchy little edible seeds that give figs their unique texture. Figs are harvested according to nature's clock, fully ripened and partially dried on the tree.
In books and magazines, fig. is used as an abbreviation for figure in order to tell the reader which picture or diagram is being referred to.
Is fig a coverage group? ›
The most common industry coverage groups are: Technology, Media, and Telecom (TMT), Healthcare, Financial Institutions Group (FIG), Oil and Gas (O&G), Consumer Goods and Retail, and Financial Sponsors Group (FSG).
What is the toughest Wall Street exam? ›
CFA (Chartered Financial Analyst)
According to the Wall Street Journal, the CFA exam is the most difficult exam in the world, with less than 1/5th of candidates clearing it, after repeated attempts, on a yearly basis.
Is it hard to be a Wall Street banker? ›
It also requires strong mathematical and analytical capabilities, which may be challenging for some people. In addition to a bachelor's degree, investment bankers may need a master's in finance or an M.B.A.
Is biws platinum worth it? ›
So, if you're wondering: “Is investing in BIWS Platinum Really worth it?” “Do I really need all the courses now?” Here's the answer: if you're absolutely set on getting the job and moving up the ladder quickly, you're going to NEED all the knowledge the Platinum package contains.
Is investment banking work actually hard? ›
Investment bankers meet with clients, prepare offers, run financial projections, and work on pitchbooks, that help generate new clients. The work is lucrative but the days are long and stressful. Superior social skills are required for success in the field.
What GPA is too low for investment banking? ›
The typical investment banker has a graduate degree in business from an Ivy League school or other top-tier university and superior educational credentials [i.e., excellent grades (minimum 3.50 GPA), active participation in business and investment clubs, and participation in at least one internship or summer program at ...
What do fig investment bankers do? ›
Some of the services that the FIG offers include mergers and acquisitions, recapitalization, capital raising, financial restructuring, corporate valuations, expert financial opinions, and other advisory services.
Is investment banking math heavy? ›
🚀 In investment banking, the math isn't rocket science—it's more like basic arithmetic. 🤔 You won't find yourself solving complex equations unless you're interested in being a quant, but you do need to be sharp with numbers. 🤓 Even though it's simple stuff, being able to handle calculations quickly is super important.