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Ryan Eagan

Investment Banking Analyst, Lazard

What Do People Misunderstand About Banking?

One thing people misunderstand is you think you’re going to come in as an analyst and have an immediate impact. It’s a bit more gradual.

What I always say to people is be prepared to be wrong and to make mistakes – its normal. You go from a privileged position as a fourth year, being a leader in clubs and classes, to the youngest and least experienced person on the team. It can be an adjustment at first.

An entry-level role is set up so that you’re allowed to make mistakes. People review work to catch mistakes and teach you along the way. The focus should be about learning and improving as you go along.

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