General Questions for INVESTMENT BANKING

1. What is the mobility across industry groups and product groups within the firm?
For instance, can I after some time (say 1 or 2 years) moe from an !"# role to a
corporate finance role or from the healthcare sector to the $!$ sector?
2. In all inestment ban%s there is a &china wall' between the inestment ban%ing side
and research and trading. What is the interaction of the Inestment ban%ing team
with the research and other departments and how does %nowledge sharing ta%e
place between them?
(. #fter a while in any inestment ban%, an employee gets assigned to an industry
coerage group. Industry groups are formed based on the mar%et perception of &hot'
areas. What happens to an aerage employee if he)she*
+ets assigned to an area in which there is relatiely less business at the
moment. For e,ample telecom in India became hot a couple of years bac%,
before that there was hardly any actiity. In such a case does this person get an
opportunity to get inoled with deals in some other industry group?
$!$ is one of the primary thrust areas of most Inestment ban%s. What if I get
assigned to the $!$ sector now, deelop s%ills in this sector and the sector goes
out of the mar%et-s faour after (./ years? 0ow do I then moe to another sector
and deelop s%ills in a new industry from scratch?
/. $raders are %nown for haing a typical life of 1.12 years before they moe out. Is
there any such burn.out time for inestment ban%ers too? If yes, what are the %ind of
e,it options that ban%ers typically hae?
3. #re moements to ban%ing from sales)research)trading possible and ice.ersa?
Why?
4. Inestment ban%ing is generally belieed to be the most ulnerable to mar%et ups
and downs. What has been your e,perience)obseration regarding this?
Questions for J.P. Morgan Chase & Co.
For how long does a new recruit wor% in a generalist role before being assigned to
an industry team?
0ow is the organi5ation structured within Inestment 6an%ing? 7pecifically, are !"#
and 8apital raising the two product groups, or are there separate teams for
7yndicated Finance, 9ebt 8apital !ar%ets and :;uity 8apital !ar%ets within capital
raising?
What is the hierarchy within the Inestment ban%ing group? 0ow do teams typically
get formed for a deal?
$eam si5e, no. of people from different leels, role of the senior analyst
8ould you tell me about the training program for new hires in Inestment ban%ing? It
was mentioned during the <<$ that the program is spread oer a period of time.
0ow does this wor% and what are the s%ill sets that one is trained to deelop at each
stage?
What is the geographical mobility within the firm? 0ow often does one get to wor% on
a deal which is being e,ecuted by another office?
I beliee that that there is a (42 degree ealuation program in the organi5ation.
+ien the strong team culture in the firm, how is indiidual performance ealuated? I
thin%, based on the <<$ and some articles that I hae read about the firm, that =<!
has an entrepreneurial culture. 0ow does this culture permeate the inestment
ban%ing business gien the heay emphasis on team wor%, is the accountability also
team specific rather than indiidual specific?
=<! has singled out $!$ as the thrust area for the future. What will the thrust
regions for the Inestment ban%ing team going ahead? What is the commitment to
#sia <acific and India?
=<! has been oted >o. 1 in #sian !"# e,. =apan by $hompson Financial 7urey.
What steps are being ta%en)will be ta%en to accomplish similar a similar feat in
capital raising also? =< !organ would be haing uni;ue strengths in this area gien
its balance sheet strength, long.standing relationships, innoation and global
distribution capabilities. What is the e,tra effort re;uired to become >o. 1 or >o. 2 in
capital raising too both in e;uities and debt?