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br /><br /><br /><br /><br />IBD = Investment Banking Division <a href="http://forum.chasedream.com/crss/node/87188" target="_blank"><img src="http://forum.chasedream.com/sites/all/themes/wso/images/feed-10.png" width="16" height="16" alt="" /></a><br /><br /><br /><a href="http://forum.chasedream.com/user/6884" target="_blank">CaptK</a><br /><a href="http://forum.chasedream.com/friendlist/add/6884/4?destination=user/6884" target="_blank"></a><a href="http://forum.chasedream.com/page/user-industry-status" target="_blank">PE</a><a href="http://forum.chasedream.com/certified-users" target="_blank"><br /></a><br /><a href="http://forum.chasedream.com/usercontent/6884" target="_blank"><br /></a><br />(<a href="http://forum.chasedream.com/rankings" target="_blank">Neanderthal</a>, 2,305<br /><br />Points)<br />on 6/7/10 at 7:28am<br /><a href="http://forum.chasedream.com/vote/node/87188/1/userpoints_karma/wso/db2888f2d399f9071c91444e82513451" target="_blank"><br /></a><br />This may be a bit petty, but it's been grinding my gears for a while. Kids - The acronym "<a target="_blank">IBD</a>" stands for "Investment Banking Division". As in - the division of a bank that performs investment banking activities. This includes things like M&A, capital raising, restructuring, etc. You can find this definition <a target="_blank">in the WSO FAQ</a>.<br />Thus the sentence "I'm interviewing for a job in the IBD at <a target="_blank">JPM</a>" is just fine and makes sense.<br />Similarly, the statement "I want a career in IBD" is wrong and makes you sound like a retard - say it out loud. The phrase you are searching for is "investment banking". As in - "I want a career in investment banking (IB)". Get your terminology right, because when you write sentences like "What makes IBD (read - investment banking division) a 100hr/week job?" you sound like a high school kid throwing out acronyms to sound cool. |
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