1. In an investment bank, how do analysts differ from associates?
Analysts are the lowest investment bankers on the totem pole. Associates are a step up from analysts. They receive more money. Associates also have an MBA while analysts only have a BA.
2. How is the rest of a typical investment firm situated? Who comprises the upper sects of the company?
The rest of an investment bank is usually composed of junior vice presidents, senior vice presidents, and managing directors. As a person moved up the rankings, they would
3. How did Rolfe and Troob describe top tier business schools throughout the novel?
Rolfe and Troob called the top business schools the breeding grounds for Wall Street. Basically, if a person did not graduate from a tier 1 or tier 2 school, the would probably not get a job.
4. To recruiters looking for summer associates, what were masters students considered?
To DLJ and other investment firms, MBA students are the prize that each firm fights to secure. The recruiters and students all take part in a "mating dance." Eventually the best students are awarded summer associate positions.
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