Careers guru

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 […]

Barclays

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 […]

Bankers are leaving to do something else instead

Nearly half of junior M&A bankers at top banks quit within three years

Working as a junior M&A banker in a big investment bank can make you very good money, but it may well be at the expense of both your health and your social life. A new study suggests that 44% of junior M&A and corporate finance bankers who join banks out of university leave the industry within […]

studentsapplying

Goldman Sachs offering scholarships to disadvantaged students

Goldman Sachs is offering scholarships to disadvantaged students. In the year to June 30th 2012, Goldman Sachs Gives (UK), the British charitable arm of the US bank, donated  £575k to Christ Church College, Oxford University. The money will be used to provide help to current students in financial need, and to encourage wider access to the […]

Diversion

Ten routes into banking jobs when you’ve failed first time

A lot of university students still want to be investment bankers despite the degree of banking bashing around the world. But with banks retrenching from student hiring, not many of them make it. According to High Fliers Research, there were 82 applications per investment banking job in the UK last year.  So, what do you do […]

mbagrad

11 financial services firms that are STILL recruiting graduates this year

Most banks completed their graduate recruitment for 2013 at the tail end of last year, so anyone who hasn’t got a place yet has severely limited options. However, these firms are still hiring graduates. Bank of America Merrill Lynch: The bank’s remaining full-time graduate positions are in Asia-Pacific, with risk roles available in Hong Kong […]

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Where to study if you want a job at Brevan Howard

Hedge fund Brevan Howard has long seemed partial to people who’ve studied at Imperial College London. Last year the firm hired Luca Masiero, an Imperial graduate and former HSBC quantitative intern. It’s also hired a variety of Imperial PhDs and mathematicians. Now, the hedge fund has given £20.1m over eight years to Imperial College Business School so that […]

gradsbacks

2,000 new fund management jobs coming to London: not only for elite grads

Thirteen of the City of London’s biggest fund managers have started a new initiative that aims to create over 2,000 jobs a year for graduates from a diverse range of backgrounds. The new venture, Investment 2020, will see 13 asset management firms offer 100 places to graduates and school leavers from outside of a small […]

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How much you can earn in banking with a degree, a masters, an MBA and a PhD?

The results to our annual bonus survey are out. They reveal that some people in some areas of banking earn far smaller bonuses than you might imagine. They also reveal that more education typically leads to more bonus money – but that too much education doesn’t pay. According to our figures, derived from a survey […]

College grads

J.P. Morgan targets low-income hires

If you have ambitions to work in investment banking, it helps to come from a middle or upper class background. This is not simply because a good education opens doors to the best universities, which are hunting grounds for the top investment banks, but because parental pressure and more switched on careers services in top […]