If you want to work in investment banking when you graduate, you probably envisage yourself as an M&A banker. Or maybe a trader. Or maybe a little something in sales.
If you didn't intern in an investment bank last summer, you may have a problem achieving a sexy sort of job in an investment bank post-graduation. Several banks have already filled their more sexy roles with interns and aren't hiring any graduates at all.
Which banks are these? Our research suggests:
- Barclays Investment Bank has no full time graduate jobs left for 'investment bankers' in London. It does, however, have some sales jobs. It also has full time graduate traineeships going in in Dubai, Amsterdam, Moscow, and Tel Aviv.
- Deutsche Bank looks like it has no sales and trading graduate positions left in London for a 2013 start. It does have corporate finance though.
- JPMorgan also looks like it has no full time 2013 graduate jobs going in M&A/corporate finance, in capital markets, or in sales and trading. It does have quant graduate positions though.
- Morgan Stanley seems to have filled all its 2013 graduate places in London in M&A and sales and trading. It's still looking for people in technology and operations.
- Nomura appears to have no London-based full time graduate jobs going in M&A and no full time London-based investment banking jobs in sales and trading.
The good news is that, as far as we can see, all these banks are still hiring 2013 graduates for front office positions in London next year: BNP Paribas, Credit Suisse, Citi, Goldman, Societe Generale and UBS.
Failing that, you could always try for an internship after you've graduated.