The Banking Life of Mike Baur

The life of entrepreneur Mike Baur has been impressive and inspiring. Mike Baur was born in Freiburg, Switzerland. He received his first business degree from the Bern University. His first degree was master of business administration. He then joined another institution, the University of Rochester from where he graduated with ban executive masters of business administration. Baur joined the banking industry when he was sixteen years old. This is according to the Wall Street Journal. His first job in the banking sector was as an apprentice working for the Union Bank of Switzerland, popularly known as UBS. This was in 1991.

 

After the bank managers realized that Mike Baur was exceptionally talented and had the abilities that could not be matched by many others in the banking sector, the managers offered him a plan of how he could continue with the banking career under the UBS. Mike Baur was shown the promotions from which he would benefit from before he got to his retirement age. The idea was to retain him for a long-term. However as it would turn out, the long-term ideas would not work as mike would make varied decisions which landed him in some organizations.

 

Mike Baur worked for UBS through the 1990s. Before he was even the age of 30, he was already appointed an advisor to the bank. His role was to advise bank clients on the best investment ideas for their money. Under this new role, he interacted with who is who in the country. He got a chance to sit with the wealthiest individuals in the country and chatted the way forward on matters of financial investment. Mike Baur had the role of making sure that they’re invested their money wisely. Mike Baur continued to work for UBS for about two decades, until when he decided to move on in 2008. He quit the bank and joined another one in Zurich. The reason for his exit was partly to do with the great economic depression of 2008.

 

After leaving UBS, he joined another private bank in Zurich known as Clariden Leu. This was a bank that was had been formed following the amalgamation of several other private banks at the time. He was given a high executive position in the bank’s Zurich branch. He worked with Clariden Leu for about six years, that is, up to 2014. He decided to try the skills and experience he had gained in other ventures out of banking industry. This was when he formed the Swiss Startup Factory.

 

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