The "Am I good enough for Investment Banking/Consultancy?" Thread

Discussion on investment and retail banking, equities, trading, derivatives, consultancy.

Announcements Posted on
Please change your TSR password 23-05-2013
Enter our travel-writing competition for the chance to win a Nikon 1 J3 camera 20-05-2013
Interview discussion rules - please read before posting! 12-01-2013
Sign in to Reply
  1. fletchdd02's Avatar
    • Overlord in Training
    • Posts: 2,218
    Re: The "Am I good enough for Investment Banking/Consultancy?" Thread
    I have 4A* 5As 1B GCSEs

    I'm in year 12 taking; Biology, chemistry, maths, economics.
    I'm thinking of doing a chemistry degree, hopefully at UCL.

    What're the chances?

    P.S Ignore the sig, i'm not thinking of medicine anymore
  2. fletchdd02's Avatar
    • Overlord in Training
    • Posts: 2,218
    Re: The "Am I good enough for Investment Banking/Consultancy?" Thread
    anyone have an answer to my above post?
  3. uxa595's Avatar
    • Peer Of The TSR Realm
    • Posts: 1,568
    Re: The "Am I good enough for Investment Banking/Consultancy?" Thread
    Do banks frown upon/not hire people who retook their A levels like the big4?
    I know the big 4 have a requirement of getting BBB in your first sitting and don't look at resits.

    Do the large investment banks do anything similar to this?
    Last year, i was ill due to a flu which i may or may not be able to prove to employers and ended up getting BBC.
    However, this year, i have a conditional offer from Warwick for accounting & finance and am predicted AAAb.

    Will i be unable or struggle to get into banking due to my resit A level year?
  4. Industrious Orca's Avatar
    • Adored and Respected Member
    • Posts: 510
    Re: The "Am I good enough for Investment Banking/Consultancy?" Thread
    (Original post by fletchdd02)
    anyone have an answer to my above post?
    So what do you actually want to do? IBD? Operations? Strategy Consulting?

    And what does your EC and W/E profile look like at the moment, and once you're applying for spring weeks?
  5. Milch's Avatar
    • Overlord in Training
    • Location: Herts Posts: 0.5
    Re: The "Am I good enough for Investment Banking/Consultancy?" Thread
    (Original post by uxa595)
    Do banks frown upon/not hire people who retook their A levels like the big4?
    I know the big 4 have a requirement of getting BBB in your first sitting and don't look at resits.

    Do the large investment banks do anything similar to this?
    Last year, i was ill due to a flu which i may or may not be able to prove to employers and ended up getting BBC.
    However, this year, i have a conditional offer from Warwick for accounting & finance and am predicted AAAb.

    Will i be unable or struggle to get into banking due to my resit A level year?
    Whenever I've applied for anything I've only been asked my grades - never anything about first sittings. And good choice on Warwick A&F btw
  6. uxa595's Avatar
    • Peer Of The TSR Realm
    • Posts: 1,568
    Re: The "Am I good enough for Investment Banking/Consultancy?" Thread
    (Original post by Milch)
    Whenever I've applied for anything I've only been asked my grades - never anything about first sittings. And good choice on Warwick A&F btw
    Nice and thanks for the info.
    I know Goldman asks about first sitting's during the application process but that's one bank out of many so i guess i can just put in my new grades and forget about the old ones.

    I don't see why the big4 are such picky ***** :confused:. Although, i'm not too bothered as accounting is the last thing i was to do for life

    Yh, i see you went to Warwick as well
  7. Scorcher's Avatar
    • Respected Member
    • Location: London
    Re: The "Am I good enough for Investment Banking/Consultancy?" Thread
    (Original post by fletchdd02)
    I have 4A* 5As 1B GCSEs

    I'm in year 12 taking; Biology, chemistry, maths, economics.
    I'm thinking of doing a chemistry degree, hopefully at UCL.

    What're the chances?

    P.S Ignore the sig, i'm not thinking of medicine anymore
    At the moment you have no chance as your not even at university. Banks don't really care about how many A*'s you have at GCSE or the subjects you took at A Level as long as you got good grades and got into a good university. Revisit this thread when your at uni and you can post up a more relevant profile including what area you want to go into, your uni, degree, EC's, work experience etc Although Chemistry at UCL should be ok you will definitely need to prove your interest in finance so make a start on that.
  8. fletchdd02's Avatar
    • Overlord in Training
    • Posts: 2,218
    Re: The "Am I good enough for Investment Banking/Consultancy?" Thread
    (Original post by Scorcher)
    At the moment you have no chance as your not even at university. Banks don't really care about how many A*'s you have at GCSE or the subjects you took at A Level as long as you got good grades and got into a good university. Revisit this thread when your at uni and you can post up a more relevant profile including what area you want to go into, your uni, degree, EC's, work experience etc Although Chemistry at UCL should be ok you will definitely need to prove your interest in finance so make a start on that.
    Yeah obviously I have a massive way to go yet, I was just seeing if I was on track as i'm going.

    Should I be looking into trying to get some work experience over the summer in an IB setting?
  9. fletchdd02's Avatar
    • Overlord in Training
    • Posts: 2,218
    Re: The "Am I good enough for Investment Banking/Consultancy?" Thread
    (Original post by Industrious Orca)
    So what do you actually want to do? IBD? Operations? Strategy Consulting?

    And what does your EC and W/E profile look like at the moment, and once you're applying for spring weeks?
    My ECs are quite strong I would say but all my work experience is medical based at the moment. So should I look into sorting some more relevant W/E over summer?
  10. Scorcher's Avatar
    • Respected Member
    • Location: London
    Re: The "Am I good enough for Investment Banking/Consultancy?" Thread
    (Original post by fletchdd02)
    Yeah obviously I have a massive way to go yet, I was just seeing if I was on track as i'm going.

    Should I be looking into trying to get some work experience over the summer in an IB setting?
    Just work extra hard for your A Levels and get into a top university. Work experience in the summer would be good but it will be hard unless you know somebody at the bank.
  11. Industrious Orca's Avatar
    • Adored and Respected Member
    • Posts: 510
    Re: The "Am I good enough for Investment Banking/Consultancy?" Thread
    (Original post by fletchdd02)
    My ECs are quite strong I would say but all my work experience is medical based at the moment. So should I look into sorting some more relevant W/E over summer?
    Chemistry at UCL is good enough for any position in IB or consulting, but it is very tough. You need to work out which division you actually want to go into as well; some are a lot easier than others to get into. Any W/E is good, whether that be this summer or the summer between 1st and 2nd year etc.
  12. iSMark's Avatar
    • Benevolent Member
    • Posts: 865
    Re: The "Am I good enough for Investment Banking/Consultancy?" Thread
    (Original post by nnnnl)
    Lol personally I don't think this thread has any significance. Might be fun though. You're good enough if the employers think you'll be a profitable hire. It's not like uni applications where if you tick certain boxes you're highly likely to get in.

    If the interviewer's not feeling it, he's not feeling it! Doesn't matter who you are...
    Actually usually right up until that final interview, most stages have boxes that you need to tick. Even the first interview, its all about ticking those boxes.
  13. fletchdd02's Avatar
    • Overlord in Training
    • Posts: 2,218
    Re: The "Am I good enough for Investment Banking/Consultancy?" Thread
    (Original post by Industrious Orca)
    Chemistry at UCL is good enough for any position in IB or consulting, but it is very tough. You need to work out which division you actually want to go into as well; some are a lot easier than others to get into. Any W/E is good, whether that be this summer or the summer between 1st and 2nd year etc.
    I think I'd like to be in the front office where the big dogs play :cool:
  14. SW1X's Avatar
    • Respected Member
    • Posts: 206
    Re: The "Am I good enough for Investment Banking/Consultancy?" Thread
    (Original post by fletchdd02)
    I think I'd like to be in the front office where the big dogs play :cool:
    F**k me that was gay.
  15. Industrious Orca's Avatar
    • Adored and Respected Member
    • Posts: 510
    Re: The "Am I good enough for Investment Banking/Consultancy?" Thread
    (Original post by fletchdd02)
    I think I'd like to be in the front office where the big dogs play :cool:
    Well your course is good enough. Just work hard on your grades, W/E and ECs, and work out where you want to be in the front office.
  16. john1880's Avatar
    • New Member
    • Posts: 2
    Re: The "Am I good enough for Investment Banking/Consultancy?" Thread
    (Original post by john1880)
    Hey everyone! I'm a 1st year biochem student at UCL, and expecting a good 2.i this year. Unfortunately I don't have much in the way of extra-curricular things on my CV, but I do have a couple. I was wondering if anyone knows the chances of securing an internship in strategy consulting - BCG/Bain/Mckinsey seem unlikely so probably OC&C, Marakon, Booz etc. Alternatively one of the public services firms consulting arms (Deloitte seems quite good). I have noticed that it is very Oxbridge dominated, and would this mean that I'd need a 1st coming from UCL in order to be considered. Thanks in advance!
    Anyone?
  17. virtuous throne's Avatar
    • New Member
    • Posts: 6
    Re: The "Am I good enough for Investment Banking/Consultancy?" Thread
    (Original post by Scorcher)
    Without even taking your degree into consideration

    you won't get past the filters which require AAB at A Level

    (unless you can skip them by knowing senior people at the bank).

    They don't care how bad your college was

    most of us go to state schools and some of us

    including me go to absolutely terrible ones but we try harder.

    You should count yourself lucky that you had a

    chance to go to a private school for the majority

    of your education and blaming your grades on your college

    is just a weak excuse as most just get on with it.

    So my only advice would be to start networking as much as possible

    with people in the city in an attempt to bypass the filters

    and also stop blaming others for your poor grades at A Level.
    Okay first of all I am not blaming anyone in particular for my grades which aren't "poor" albeit not high enough to get past the filters, there is no need for the insulting and dismissive tone on this thread (indeed on almost every thread on this supposedly helpful and non-judgmental student forum for ALL students) that at times reeks of pathetic rank snobbery, the same snobbery that I am being accused of. If you re read the paragraph I merely suggest that the college may have worsened my predicament when I could have been helped. I always hear people being told to stop blaming others when they fail well guess what in life you do meet people who take pleasure in seeing you fail and therefore take any opportunity that they get to make that happen hence the reference to "Malign Family influences" in my initial statement. It can happen that you are perfectly capable of succeeding in a certain endeavour and end up failing due to the cynical nature of people who feel threatened by or jealous of your talent, believe me this happens in life and it can happen to anyone. I know the use of the word **** sent the wrong signal but my intentions were sincere, if it seems that I am having a rant then I apologise for wasting yours and everyone else's time

    Good day Student Room I will be seeking help from another student community
    Last edited by Illusionary; 18-04-2012 at 00:17.
  18. Idle's Avatar
    • Section Moderator
    • Sweet Sleep, My Dark Angel
    • Location: West Midlands
    • Posts: 2,893
    Re: The "Am I good enough for Investment Banking/Consultancy?" Thread
    I know quite a lot of firms have an auto filter on A-Level, I am retaking my A-Levels due to extenuating circumstances. Providing I hit the nail on the head this time.. Will there be an issue?
  19. PorQpine's Avatar
    • Junior Member
    • Posts: 69
    Re: The "Am I good enough for Investment Banking/Consultancy?" Thread
    What would the possibilities for someone with a decent (probably not outstanding) BSc in MechEng from ETH Zurich be concerning Graduate Programs at the "prestigious Unis" etc. ?
  20. hykt's Avatar
    • New Member
    • Posts: 9
    Re: The "Am I good enough for Investment Banking/Consultancy?" Thread
    Ok here is Dilemma, should I apply for a Internship or Grad Role for next year.

    Profile.
    Had few FO Interviews at BB for Internship this year but failed to convert to offer, currently few Interview lined up at Asset Management.
    -Want to work in FICC Trading. No sales just Trading.
    -current 2nd Year BSC Economics (University not the target one but decent enuff)
    -Multi Cultured Background, Raised up in 4 different countries
    -Speak 6 different Languages
    -won 2 trading challenges International (among 2000 students in Europe) and national (among 300 Student)
    -Trading intern in summer during 1st year at a Prop firm (This was my Prize for Coming first in the challenge)
    -Spring week in BB
    -(Trade my own account for last 4 years FX)
    -Strong EC, u no the usual president of Investment Society, Head of Investment Fund, volunteering,Charity, Sports and all.
    -done networking the usual get on linkedin contact alumni going up for event in city all dt
    -have been working every weekends since I started A levels until now, Work experience abroad as well but not related to Banking.
    -set up a production with my mates, filming, music videos, event and etc, got our work nominated for Best Music Video, Post Production at British Student Film Festival
    -A levels grade (BCC) Maths, Business, Film (did it again since I had 3 years to fill up my gap to gain Home student status Hence cld not be asked to take it seriously, Although did enjoy my film course a lot)
    -A levels Equivalent (Maths, Physics, Chemistry, Computer Science, English) Average of 71% in all 5.

    The problem is will BB just reject my apps if i dont have any intern this summer in my CV if I apply for grad job. I am still confused shld I go for Intern or Grad for next year as I will be graduating next year. even If I get an intern this summer what Would My chances be over someone whose done an intern at BB but did not get a grad offer.
    My plan is if I dont get an Intern this summer is to do cycling charity and then going over asia to do volunteering work through uni in Sept.

    Bottom Line is I only wish to work at Banking for 3-4 years even though I love it, Plan is to Make my tuition fees for film School and whisk off to NYU Film school to study Directing. As my heart lies in Filming.

    FeedBack would be Appreciated Hugely. will rep u guys.
    Last edited by hykt; 24-04-2012 at 12:11.
Sign in to Reply
Share this discussion:  
Useful resources
Article updates
Moderators

We have a brilliant team of more than 60 volunteers looking after discussions on The Student Room, helping to make it a fun, safe and useful place to hang out.

Reputation gems:
The Reputation gems seen here indicate how well reputed the user is, red gem indicate negative reputation and green indicates a good rep.
Post rating score:
These scores show if a post has been positively or negatively rated by our members.