(Original post by mayben90)
I saw your post and thought I would shed some advice on how I got my offer in Investment Banking. (I got the first one I applied for).
I would like to make it clear that I had no contacts in the Bank, I had no finance work experience and I didn't have Maths A level.
My A Levels were:
Design and Technology (A)
Bsc Psychology (2:1)
e (University College London)
MSc Management (Predicted Distinction)
The first thing I would like to say is that I cannot emphasize how important it is to go to either Oxbridge - LSE - Imperial - UCL - Warwick.
Recruiters actively seek these universities and it shows when you get down to the final interviews and assessment centers. In my experience I have only seen one person who wasn't from one of these universities, and they attended INSEAD.
Perhaps most importantly is how you market yourself. You must have something different. They don't want identical drones, so make sure you sell yourself differently. For me I studied a lot of Behavioural Finance in my undergraduate degree and specialized my dissertation in the integration of psychological models within investment and financial decision making. Interviewers were refreshed to see someone different and as a result I out competed all the candidates who had Masters Degree's in Finance. One candidate even has a CFA level 2.
You must prepare more than you think and align all your views with those of the Bank (economic outlook, company values etc..). For example I must have spent 70 hours in preparation for my interviews. Ranging from detailed knowledge of different Valuation methods (i.e DCF, P/E, EV analysis etc..) to what colour shirt and tie to wear.
Also make sure you have extracurricular experience that will stimulate interest in your interviewers. One of my greatest tools I pushed was RedBull flugtag which I did last year, alongside more standard things such as being captain of a university sport team etc...
Remember these people need to be able to work with you and they need to enjoy your company. Establish yourself as an asset to their company on both a professional and personal level.
1. Go to a G6 University (i.e one of the 6 universities that IB's target, subject is less important). Preferably do an MSc as I would say 85% of the final round candidates had an MSc.
2. Market yourself as someone who is different from the rest of the economic and finance graduates. You will stand out and if you are good and this can only work in your favor.
3. Prepare more than everyone else. I revised harder for my interviews than many of my Finals at University. I ensured I had collated every possible financial and economic question they could ask me. Never was I asked a question I couldn't answer.
4. Have good extracurricular experience and come across as a nice guy that they would enjoy working with.
Those things I think will help you get the job.