Sector: Graduates & Internships
Deep and devious tips for getting through the numerical tests
If you want to get onto a graduate scheme in a bank, the numerical test is in your way like rude rhino: you need to kill it, or you’ll be going nowhere. These days, most banks have tests. You fill out the application form. You upload your CV and are invited to complete one online. [...]
Bank by bank graduate hiring plans for 2011
No one is about to deny that it’s a tough year for graduates with aspirations to break into investment banking. We’ve mentioned previously that a disproportionate number of full-time vacancies (particularly in the front office) have been allocated to this year’s interns and that fears that the current problems could extend into 2012 are making [...]
Is it even worth applying to an investment bank this year?
2012 is shaping up to be an unfortunate year to graduate if you want to work in an investment bank. Three disruptive forces are at work. In the first, banks have made comparatively few offers to last year’s interns. In the second, some (but not all) banks have filled all their front office graduate places [...]
Put your questions to the head of graduate recruitment at the Royal Bank of Scotland
Michael Maddick, head of graduate recruitment at Royal Bank of Scotland has agreed to answer some of your questions and offer some advice as this year’s graduate recruitment season kicks off. We’ve got the ball rolling with the Q&A below, but if you’d like to post your questions in the comment box at the bottom [...]
Lunchtime Links: This could be taken as a sign that Goldman Sachs wants to hire people in South Africa, but London remains the financial centre of the world
Goldman Sachs has been busy in South Africa. It’s issued a R1.25bn ($156m) floating bond on the Johannesburg bond market. The purpose of this cash is apparently to “support Goldman Sachs’ strategy locally and abroad,” and to “strengthen its ability to service clients in the region.” Right now, Goldman Sachs has one African office in [...]
A guide to which UK universities are being targeted by which investment banks in 2011. And a ranking of the most bank-friendly unis
It’s milkround season! Now’s the time to go to all the careers fairs and presentations that investment banks are attending/making at your university – assuming you’re at one of the few universities they’re actually visiting this year. If you want to work at an investment bank, being at a targeted university makes a big difference. [...]
GUEST COMMENT: How to approach the investment banking application form
Every investment bank receives thousands of applications each and every year. If you want a graduate career in the City, you will need to differentiate yourself at this first hurdle. Each bank will have it’s own application form but the general content of them all is the same. Here’s what you need to do – [...]
Some depressing data about the proportion of graduates who have actually realized their deep desire to work in investment banks
What percentage of this year’s graduates who want to work in investment banks have fulfilled their ambition? 16% according to our survey of 234 eFinancialCareers site users. And what percentage of these student site visitors would be prepared to work for free simply in order to get some experience, any experience? 75% according to the [...]
INVESTMENT BANKING INTERN DIARY: It’s the last week, and all I can think about is my bed
This is where we will be posting this year’s anonymous investment banking intern diary. The author will be reporting back weekly on what it’s really like to spend the summer in the capital markets team at a leading investment bank. WEEK TEN The final week was the slowest so far of my internship and, after [...]
MARKETS INTERN DIARY: My cunning plan to salvage the internship
This is where we will be posting this year’s anonymous markets intern diary. The author will be reporting back weekly on what it’s really like to spend the summer in a sales team at a leading investment bank. WEEK NINE I’m packing my bags in preparation for jetting off somewhere hot and sunny, away from [...]
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