Banking 5 and 10 Years Down the Road

looking_around — Wed, 27 Aug 2008 23:46:00 -0400

Hi,

I go to a target and will be doing full time recruiting this coming fall. I've thought a lot about my career options the past couple years, and banking is one of the jobs that I'm interested in considering after graduation.

I'm hoping that some of the more experienced members on this forum can provide a clearer picture of the benefits in banking, particularly from the perspective of someone ~5 years out (ie just past entry level), or someone ~10 years out (ie early career with lots of experience under the belt).

I'm specifically trying to understand the unique/really strong value adds that entry-level banking offers. Most of what I've heard so far revolve around the following:
1) banking offers a lot of money for someone just out of school
2) banking teaches modeling skills
3) banking refines your knowledge of finance, particularly accting and corp fin
4) banking makes you feel good about yourself/get girls/look good with friends
5) banking opens doors to "anywhere"