Work has been interesting so far. I am staffed on a number of projects - some live some otherwise. The live deals are obviously the most exciting since they are actually going to happen, but the pitches give me a sense of how much work actually goes into clinching a mandate.
A little on the work environment at CS - I think the Technology, Media and Telecom (TMT) group is a great group. Everybody, and I mean everybody, is nice, friendly and helpful. Even the senior bankers are polite when asking for help and I feel I work with them instead of for them.
It has been a little hard to juggle personal/social life and the internship. I work 16-21 hours most days, having hardly any time to do anything else. It remains to be seen whether such a lifestyle is sustainable and/or desirable.
Also, banking is a lot about personalities of the Managing Directors. Since MDs are the ones bringing in the revenue, they dictate what kind of work gets done and how they want things to be done. Different MDs have different requirements for their Powerpoint formatting. So we get exposed to different kind of management styles. There are directors who go for the big picture, and others who like to get down into the details. Having the chance to work under MDs with different working styles is an enriching experience.
Bear with my shameless promotion of CS, but I think CS is in great shape post-crisis. It constantly ranks top 3 in the leveraged finance league tables, beaten only by Bank of America and J.P. Morgan, both of which have humongous balance sheets. CS is known for its execution. Furthermore, CS now ranks 2nd in global M&A deals. It is exciting to be part of an up and coming financial powerhouse in such a conducive market for investment banking.
No comments:
Post a Comment