Sector: Graduates & Internships

Send in your CV to be publicly reviewed by banks’ graduate recruiters

Do you want to work in an investment bank? Do you want to know how suited you are really for the roles you’re applying to? We’re offering the opportunity for several graduates, between now and Christmas, to submit their CV so that banks’ graduate recruiters can offer advice on suitability and improvements. The chosen CVs [...]

Put your questions to a trainee oil trader at BP

Susan Glover joined the Trader Development Programme (TDP) at BP in September 2006. She studied a BSc in biology at St. Andrews University, followed by a graduate diploma in Law at the College of Law and a Graduate Diploma in Finance at the LSE. Susan will be answering your questions on what its like to [...]

Which university is best for breaking into banking?

Ask any investment banking graduate recruiter about university preference, and they’ll tell you that all applications are considered equally, regardless of subject studied or the educational institution at which the degree was attained. To an extent this is true, but banks also have an elite group of ‘target’ universities to which they’ll actively sell a [...]

Interdealer broking

Middle men making sure the price is right Interdealer brokers (IDBs) have traditionally been rather publicity-shy, but a strong performance during the financial crisis has thrust this fairly mysterious sector into the limelight. An IDB acts as an intermediary between dealers at investment banks, enabling banks’ traders to do large deals with one another anonymously. [...]

IT in finance

Software, hard skills and a thick skin The right technology is often the factor that gives a financial services company the edge over its competitors. It can also, in the long run, help organisations save money. Not surprisingly, therefore, firms in the financial sector are among the biggest spenders on IT. Investment banks, retail banks, [...]

Electronic trading

Higher speeds, greater volumes, just not so many humans required The rise of electronic trading over the last decade has had a profound effect on the structure of equity markets. In a nutshell, the emergence of automation transformed the market from one where a great deal of human intermediation was required into one where computers [...]

Fund management &investment consulting

The art, and science, of investing for the long term At a basic level, you could say fund management is all about investing other people’s money, and earning a fee for the privilege – be it from the man on the street or from huge institutions such as pension funds. Broadly speaking, fund managers (also [...]

Could 2011 graduate recruitment suffer after disappointing third quarter?

Let’s face it, the third quarter wasn’t a good one for investment banking. Of the firms that have reported so far, net income is down an average of 32%. It’s slightly surprising, therefore, to see that headcount has been on the up during this period. Credit Suisse, for example, added 600 people in its investment [...]

Etiquette at investment banking milkround events

Getting into investment banking is tough and only the tenacious succeed. Therefore, milkround networking events are a chance to get a leg up, even if that means being less than gracious towards your fellow students. Am I right? Um, no. As this e-mail leaked from Columbia Business School on Wall Street blog Dealbreaker shows, employing [...]

GUEST COMMENT: What it takes to get into a sales role in an investment bank

When I speak to students interested in investment banking careers, I usually find that they’re drawn to roles they understand best, and which they can visualize themselves doing. Comparatively few people want to work in sales because sales in an investment bank can be a difficult career to pinpoint. As someone working in a sales [...]