How to Get a Job in Investment BankingeBook

 
How to Get a Job in Investment Banking
 
 
 
 
 


Application Process

 


Application Process - Chapter Introduction


  • This section will guide you step-by-step through the application process of most investment banks. It is important that you understand the exact structure of the process in order to prepare for each step accordingly
  • Our research shows that investment banks typically look for a similar set of characteristics in an applicant. As with every exam in life, you need to know which basis you will be graded on. Therefore, it is important to memorise the following 5 key characteristics:
  • - Commitment: Motivation and Work Skills
    - Team Player, Leadership and Management Skills
    - Strong Analytical and Problem Solving Skills
    - Corporate Finance Knowledge
    - Market Awareness


    These 5 key characteristics will be evaluated during all stages of your application and interview process. So keep them in mind when you fill out your application form and build your CV


  • The online application form is your first impression when you apply for your desired job. In order to make the right impression, this section is packed with an array of useful tips
  • Most online application forms for graduate positions at leading investment banks include numerical and reasoning tests. If you fail to pass a certain hurdle rate, you won't be invited to the next round. Don't panic - this section will provide you with a solid toolset in order to pass your numerical and reasoning tests. In addition, we have included a couple of samples so you can get comfortable with this task
  • Your CV will be your all important self-marketing brochure and an important reference when you demonstrate that you have the relevant skill set in order to start a career in investment banking. Therefore it is worthwhile investing some time to make your CV perfect. The following section contains useful guidance on how to tailor it to your finance interviews.

  • Interview Process - Chapter Introduction


  • OK, now you are confident to pass the application process. Perfect! So let's move on to the next stage of the process, THE INTERVIEW
  • On the first couple of slides we give you some general tips for the interview and guide you through the general interview structure. Most people are not doing interviews on a day-to-day basis so it is useful to familiarise yourself with this unusual situation. It's just like every good race driver races the track in his mind before he starts the engine. Therefore, we outline the interview phases, look into common questioning techniques and analyse the first couple of seconds of your interview - your first impression
  • Thereon we go through in detail all the 5 key characteristics:

  • - Commitment: Motivation and Work Skills
    - Team Player, Leadership and Management Skills
    - Strong Analytical and Problem Solving Skills
    - Corporate Finance Knowledge
    - Market Awareness
  • Looking into the interviewer's mindset it is crucial to understand that he will evaluate you along these 5 key characteristics. By the end of your interview you want to make sure that he is convinced that you fulfil or exceed all these 5 key characteristics and that he ticks all the right boxes.
  • That is why we will go each single characteristic to see:
    - What attributes the interviewer associates with each characteristic
    - Which types of questions you should expect
    - How to prepare for these types of questions
    - How to behave in the interview when you get tested on these 5 key characteristics
  • For the 5 key characteristics above we have included over 100 real-life interview questions plus over 50 guesstimates and brainteasers to get you covered




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