Is the City a good career choice?

There's only one reason to work in the City, and that is to make sh*tloads of money :cheesy:
 
work in the City ?

just the thought of travelling up every day makes me feel ugh!

and then back at night - double ugh!

even with a reserved parking space

lol
 
I think Uni is good to get an acceleration in your career during your twenties, but after that it's down to you and your ability. If you have none, no degree will ever help you.

I remember after graduating working for a software house (specialised in financial apps). I remember this consultant asking if he could help in sales. You should have seen his CV. 1st in law from Cambridge, graduated from Temple Bar (qualified barrister), and had worked for several short stints at large fund managers (Hendersons et al) blah blah blah. I never realised CV's like this existed. His problem was that although intelligent, and could talk the ins and outs of most financial and legal issues, commercially he was a doughnut and he dressed like a tramp. His degrees couldn't get him a job anywhere because he made everyone feel awkward.

On the flip side, I know people who never went to Uni, but are still doing very well - because they have talent.

Sure some companies like PWC will get a*sey and insist people have degrees - but who would want to work for a company that doesn't reward and recognise talent in the first place?

There also seem to be a HUGE misunderstanding on this BB that all IB traders have 4 straight A's at A level etc. These people have obviously never set foot on a trading floor. Sure there are grads there, but there are also a load of kids who left school at 16 and just worked damn hard.
 
jamieroberts said:
Im currently in my final year at Uni. Not a top tier uni and yes that is a disadvantage. A first though is not neccessary, hardly any of the graduates ask for firsts.
He needs to go to uni though, if nothing else it is a growing up experience!
Yeah they all ask for a 2:1 and 24+ UCAS(old style) points, but just think how many people woth Firsts apply?!?!?! The first stage filter is on UCAS and degree....le's say yMr X has a 2:1 and Mr Y has a 1st....Who gets through the first filter??? Exactly Mr Y....when they have all the people that have got through the academic filter then they screen on relevent expereince and skills.....
 
Thanks a lot for all your replies.My son will take the uni route after his a levels at City of London. As many have said , the internships will likely decide whether he's cut out for a City career..
I had lunch with IG yesterday and spent the evening in Canary Wharf with Etrade and have to say I was pretty envious as an outsider looking in.Naturally there are are pressures/politics in most professions but its your drive as an individual which will decide your fate.
On a personal note, I'd still rather trade for myself from home though.
Thanks again.
 
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