Typically Investment Banking graduate schemes have one of the earliest application deadlines with some closing as early as Mid-October! Whether you're applying for an internship or a graduate scheme, the top tips will help you stand out and make you feel more confident about the selection process.
- Follow the markets: avidly follow the world and local markets. Be aware of the impact key political issues may have on the markets: If the Bank of England increases interest rates, what impact will this have on the markets? Bankers read the Financial Times and The Gateway Newspaper. Both are a great way of finding this information in an easy to understand format.
- Be open minded: "Front office" roles in an Investment Bank are highly competitive. Why not consider other roles such as Risk and Operations for example? They offer excellent career advancement, opportunities to travel and in some cases a better work life balance. If you aren't sure of the different roles within Investment Banking, do read this excellent guide produced by Inside Careers.
- Take advantage of diversity schemes: Banks like all forward thinking employers recognise the value of diverse teams. Look our for schemes for those with disabilities, women and under represented ethnic groups.
- Get application savvy: Several banks including Barclays and Nomura ask applicants to submit a CV along with their investment bank application form. Other finance firms, including Credit Suisse and Goldman Sachs, require a covering letter as well. Almost without exception, your CV needs to be 1-page long! Since competition for these graduate roles is fierce, with the industry having seen highs of 141 applications per position, it’s key you get your CV and covering letter right.
- Talk to people in the business: Seek out opportunities to speak to, and develop relationships with, people working in the sector, for example, by attending employer presentations on campus. Also check out Bath Connection and Bath Alumni Group on LinkedIn and talk to graduates working in the sector.