UK
Tag: Top Investment
Forget employer brand, some banks have been doing the UNTHINKABLE
A rubicon has been crossed. There is a rule of redundancies and it usually goes like this: chop whosoever you like as long as they were not recently hired from a university or MBA school. The latter is a no-no because it’s deemed counterproductive and long-term detrimental: if you eliminate ex-students who’ve only just been [...]
REVIEW MY CV: I have a quantitative MA and six months’ IB work experience; I really want to work in risk
I would like to be an analyst in one of the top investment banks in London, in an area associated with risk management. I have spent several months working for a European investment bank in Poland and am preparing to obtain the PRM certificate. Any advice you can offer would be greatly appreciated. EDUCATION Sep. [...]
Which are the two banks paying 50k to graduate hires?
It is common knowledge that you can earn lots of money in an investment bank. However, a recent report by High Fliers, the graduate research organisation, suggests the amount of money you can earn is increasing. Although they put the average starting salary in an investment bank at 42k, High Fliers said ‘two of the [...]
Bad news: Investment banks have cut 2011 graduate places 20% since September
Much as we feared, after a poor second half of 2010 and with the European debt crisis still in evidence, investment banks have cut nearly 650 roles from their 2011 graduate recruitment targets. Worse – if you’re still planning to find a full time role for 2011 – more than 50% of full time investment [...]
Lunchtime Links: Bonuses, defending bankers, hedge fund pay – big stories from the Christmas break
Assuming that self indulgence or small children kept you from keeping up with the news over Christmas and the New Year, we’ve aggregated all the big stories below. In summary: Goldman’s bonuses are likely to be the lowest percentage of revenues since it’s been a public company. And senior Conservatives made the most of the [...]
A philanthropic way to gain investment banking work experience
eFinancialCareers is once again giving students the opportunity to gain vital work experience within a top investment bank, while at the same time basking in the warm glow of altruism. We’ve teamed up with the Princes Trust to launch University Million Makers, which is set to kick off on 11th October. The scheme is essentially [...]
Can pension funds succeed in attracting top investment talent?
Pension funds are increasingly bolstering their in-house investment teams, and (rather obviously) are looking to tap asset managers for talent. But with remuneration typically smaller, why would anyone make the switch? Recruitment spree for investment professionals range from the small – Lothian Pension Fund is looking for two investment professionals – to the large (Universities [...]
The best recruiters grow with their candidates; unfortunately, this happens rarely
After more interesting things have been taken out of the equation it’s everyone’s favourite fantasy: a recruiter who works with you throughout your career, who’ll guide you from the darkest days of spreadsheet hell through to the joys of senior management, who knows what you want, and who won’t dump you in a business run [...]
THE INSIDER: Would you be better off as a management consultant?
Several years ago, Goldman Sachs gave a presentation to its MBA summer interns listing 10 reasons why they should not join their greatest competitor. That competitor was McKinsey & Co. This may seem strange, but the employees of top investment banks and top consultancy firms are a lot more interchangeable than you may think. There [...]
Smaller bonuses, bigger base pay for risk managers
Some front office bankers look like getting bumper bonuses this year, but risk managers are trying to bolster their base salaries in anticipation of smaller variable compensation. Hidden among statements about deferrals and stopping multi-year guarantees in the FSA’s remuneration document is the suggestion that bonuses within risk and compliance functions shouldn’t be linked to [...]
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