GMAT Integrated Reasoning
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Source: Other
Level: 0
Analyst
Candidate must have University GPA over 3.2 and must not have an MBA degree
Candidate must (or will) have graduated from a Top 15 University
Candidate must have demonstrated interest in finance
Candidate must have the ability to work long hours, be highly analytical, and become a master of Microsoft Excel
Candidate total years of experience must be less than 3 years
Associate
Candidate will normally have 2 years of experience as an Analyst at this bank or other similar bank
Candidate must have demonstrated advisory experience on M&A transactions
Candidate must have the ability to manage analysts and be respected by analysts
The restriction on number of years as an analyst can be relaxed if at least 2 associates recommend the candidate strongly
Principal
Candidate must have an MBA degree from a full-time two-year program
Candidate must have 4+ years of experience in investment banking, familiar with various M&A strategies, familiar with valuation methodologies
Candidate must have experience managing analysts, managing due diligence for an advisory project, and interacting with clients
Candidate must have 3 strong recommendations from either other associates or principals
Jack joins the bank fresh out of college at age 22 as an Analyst. What is the minimum number of years for Jack (from age 22) before Jack can become a Principal at this same bank?