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• Jamie, I think that you are missing the point with RBS, sure they made mistakes along with everyone else, and while they made some big ones but it was concentrated in a few business areas. The majority of the business is sound, you noted their markets business made 4.2bn in the first quarter..? its time to move on bud, the world needs people to solve problems not pile in like lemmings to kick banks in much the same way they piled in to buy residential property with zero down..

  partofthesolution 03 Jun 2009

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• I am pretty much sure no MBA read this rubbish. Too local, too paltry. FX trader from GS, I suggest that you get in touch with PeterPurves - he will help you hire gorgeous ladies. You clearly need one.

  huinyapolneishaya 01 Jun 2009

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• Doing an MBA looks like fun...I think for an investment banker its a great way to widen your network beyond those in banking, and just generally relive uni again, after slugging it out for 2-3 years in a bank.....it just mixes things up a little so you dont end up burnt out and bored aged 30

  HBSwannabe 01 Jun 2009

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• so what do we know:
  (1) about 4 years in the job
  (2) cr@ppy fx desk
  (3) works for gold mansacks
  (4) british
  (5) a recent london to singapore mover (though i doubt it)
  (6) experienced average S&T bonuses
  (7) ex oxbridge, probably something cr@p like economics or philosophy
  (8) posh (rare in FX)
  (9) risen to dizzy height of VP
  (10) not called henry
  Should nail it down to a few people

  the truth is out there 01 Jun 2009

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• Personally, I wouldn't place much weight on what Henry and co at the investment banks think anyway. The fact that they think they're something special for working in a bank tells you all you need to know. Let's face it - you convince yourself you're some type of Master of the Universe because you spend all your days desperately trying to brown-nose people like me. Pathetic really. Especially when you then feel the need to mouth off online about how you much earn, then quote some measily low six figure sum.
  
  This Henry bloke seems particularly bad, judging from articles highlighted to me by my colleagues. So, you get placed on an FX desk and think that's something to be proud of?!? All the talent from your graduating year went to the credit desks, PE or hedge funds. Still, it shouldn't be too hard to figure out who you are - there's no shortage of idiot Goldmanites hanging on ours phones trying to buy us dinner and trying to make us like them (know know what they say about Goldmanites getting bullied at school, maybe it gets you into the habit of buying your friends). You must be one of them surely?

  Hedgistani 01 Jun 2009

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• I have always considered doing an MBA. But am unsure if spending the time and money is worth it. A lot who have this qualification from a good school do seem to do well. I am in my late twenties so is it worth it or is it more suited for the those in their early twenties and little work experience.

  Fred 01 Jun 2009

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• Yellow1 - I would suggest that they honestly assess whether it is really worth the expense, time and effort to effectively go back to a junior position in financial services when they have, in this market, probably little in the way of financial upside.
  
  McKinsey - not about the pay. I am not a consultant and never really wanted to be. However, in most circles, having that name on one's CV is a real door-opener (clearly not in terms of markets, but for a LOT of other areas).

  AidanPaulsen 01 Jun 2009

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• as long as you were working in a decent FTSE100 company and not involved in flimsy work like HR or sales but in an IT or Treasury function then you should get in. but why would you want to work in financial services ?

  Master 01 Jun 2009

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• Yellow1 - a career switch at this time is not going to be so successful - again - lots of redundant people to choose from than to use an inexperienced guy
  
  MBA will be a mistake to use as a stepping stone - you'll just load yourself up with debt and then no bank will hire you anyway. 
  
  Best just to sit it out for now.  If you have good quant skills in your current job this will heavily increase your chances of a decent switch

  ponterotto 01 Jun 2009

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• What then would you suggest for people who started off in another industry for 3-4 years and wish to work in financial services then?

  Yellow1 01 Jun 2009

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