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Franck Chaparro

Michael Ventura of RBC Capital Markets. RBCCM

Breaking into the world of Wall Street is no small feat.

This is especially difficult for young people with non-traditional backgrounds and little experience in finance.

Michael Ventura was once one of those students. He studied political science as an undergraduate student at Colgate University in New York. He is now Director of Equity Capital Markets at RBC Capital Markets. Ventura is what is called an initiator, exiting and winning business with energy clients for whom the investment bank can raise capital. He has been with the company for ten years.

RBC finished 2016 in 10th place for U.S. investment banking fees, according to Dealogic, increasing its market share.

Business Insider recently caught up with Ventura to ask for his advice for non-financial youth interested in a career on Wall Street. He said these people should first dive into the news.

“Be well informed and be aware of current affairs. Read it the Wall Street newspaper or the New York Times every day, cover to cover, ”said Ventura. “Absorb each section.”

Yes, that even means the style section. Staying on top of the forces that drive business on Wall Street is important, Ventura says, but just as important is knowing the most common talking points. This, he said, will help young Wall Streeters throughout their careers.

“Reading Thursday styles will help young employees become well-rounded individuals, which means if they meet my wife after work and she tells them that she works in the fashion industry, they will be able to engage with her and provide feedback insightful or meaningful, and that’s very valuable, ”Ventura said. “It shows maturity, it shows that they will be successful in situations with clients, and it breeds loyalty and a sense of community. “

It could also improve the look of an aspirant, which can never hurt.

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