Competition: Want your CV assessed by graduate recruiters for free?
Here’s your chance to get feedback on your individual CV from people who are selecting graduates for next year’s intake in the banks BEFORE you submit your application in the autumn for real. This year’s Careers in Financial Markets student guide will once again include our highly popular article on CVs, featuring feedback from graduate […]
BNP Paribas plans banking ‘campus’ in Singapore
BNP Paribas, France’s largest bank, is planning to build a banking university in Singapore to raise the level of financial services skills in Asia Pacific as it sets it sights on rapid growth in the region. A spokesman for the bank in Singapore said that no information has been released publicly about the proposed campus […]
How mentors give you a leg up in Asian banking
The growing emphasis on hiring locals for management roles in Asia is putting pressure on banks to mentor home-grown talent and groom graduates for leadership roles to reduce the reliance on expat hires. United Overseas Bank (UOB), Singapore’s third largest domestic bank, is now in its ninth intake cycle of its Management Associate Programme, and […]
Seven ways in which banking internships are a nasty disappointment
The banking summer analyst and associate season is nearly upon us. In a few weeks’ time the lucky few will be congregating in clusters on the streets of London and Manhattan and feeling – momentarily – empowered. Thereafter, reality may sink in. Because although investment banking internships are still incredibly hard to come by (Goldman […]
Outrageous advice for converting your important banking internship
The summer is technically upon us and for students who find themselves on this website that probably means internships! Summer internships at investment banks have always been precious things. Getting an intern position often comes after a demanding numeracy test, a lengthy application form, a gruelling assessment day and a then, if you’re lucky, an […]
You have a 2% chance of getting an internship at Goldman Sachs
Want a summer internship at Goldman Sachs? You will, unfortunately, be lucky. In today’s presentation at the Sanford Bernstein conference in New York, Goldman Sachs chief operating officer Gary Cohn said Goldman received 17,000 applications for its ‘summer analyst’ positions this year. It only made offers to 350 people. That’s 45 people per role, or […]
‘Tragedy of wasted minds’ as young quietly crave becoming bankers
It seemed to mark the end of an era. Last week’s research from YouGov suggesting that only 2% of British university students now want to be bankers suggested the end of youthful materialism and the start of something a whole lot more wholesome, like professional knitting. In fact, however, YouGov may have over-egged its end-of-banking […]
How £5k can buy you a financial services internship
Investment banks and other financial services firms like to paint their graduate recruitment programmes as meritocratic processes, suggesting that the nepotism and elitism associated with the sector in the past are now consigned to an ugly era of history. However, a bountiful supply of relevant work experience is the best way of eventually securing a […]
Amazing graduate careers advice from Lloyd Blankfein at Goldman Sachs
Lloyd Blankfein isn’t just chief executive of Goldman Sachs, he’s also a very sagacious person. In an interview with CNBC, Blankfein revealed himself to be well read and perceptively philosophical. “Every book I read, I’m in love with it as I read it,” he told the interviewer, before enthusing about his latest reading material – Ron […]
What Barclays’ new analyst class says about breaking into investment banking
Investment banking may have lost some of its lustre for students, but it’s still an incredibly attractive industry for many. Any graduate hoping to secure a place needs to be switched on even before they start university. After a period of training, analysts recruited into front office roles at Barclays investment bank formally started their […]
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