When pondering a career change to investment banking, it is absolutely critical to first determine with absolute certainty that it is the right move for you before moving forward. Changing career direction is never easy and is often reported as being the most stressful undertaking of a person’s life. So, be certain. If you determine it is the right choice, then the necessary resolve to succeed will follow.

Internships have historically served as THE student gateway for the Investment Banking ambitious… and rightfully so. Internships allow banks to test the waters, sort of speak, with promising aspirants, without incurring the commitment and/or higher costs they might should such programs not exist. Further, the demand in the industry for the brightest and most talented is pressing and offering internship programs allows the banking community to delve into and line up such individuals for employment long before they become available on the open job market. In a nutshell, internship programs work!

Why enter the Investment Banking Industry Now? Because, as with any investment, it is always best to get in at the bottom! Be diligent, work hard, enter and position yourself properly… and you could reap great rewards when the market inevitably recovers.   Read More...

Money managers work in a stressful, competitive pressure cooker that's hard to appreciate from the safety of a business management classroom. That's why HBS professors Joshua Coval and Erik Stafford invented upTick—a market simulation program that has students sweating and strategizing as they recreate classic market scenarios.

The evidence isn't conclusive, but new research from Harvard Business School suggests younger fund managers may have contributed to the tech stock bubble. Professor Robin Greenwood discusses the research paper, "Inexperienced Investors and Bubbles," and what mutual fund investors should keep in mind.