Ccracker
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Im 19 and got offered a job at TSB as a personal banker..
I want to do investment banking later in life and i mainly applied because I thought this job might be useful? Its an hour journey and it will be quite tough so I'll only take it if it will really help me in investment banking in terms of getting a job and whatnot.
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Ccracker
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Edit: Sorry its not apersonal banker, its customer service. I meant its the personal banking sector
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acontium
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(Original post by Ccracker)
Edit: Sorry its not apersonal banker, its customer service. I meant its the personal banking sector
I guess my question would be is this part time while you study? Or full time?
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Ccracker
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(Original post by acontium)
I guess my question would be is this part time while you study? Or full time?
Its flexible and they have full time and part time positions available. But im on a gap year so im not doing anything at the moment
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fefssdf
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If you don't have a job already then just accept it and if you don't like then just quick - try before you buy ?
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acontium
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(Original post by Ccracker)
Its flexible and they have full time and part time positions available. But im on a gap year so im not doing anything at the moment
It will no way affect your chances of breaking into Investment Banking. So your choice really.
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Devify
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It will definitely make it easier to get a job that you want. You will have experience working in a bank making you the more likely candidate against someone who has experience working somewhere else.

It is, however, your choice to decide if that is worth traveling such a distance all the time.
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geolowiser
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I am speaking from a position of experience in a different industry, but the approach remains the same: speak to the people who hire trainees, look at the abilities and experience required to get those entry level jobs and see whether this matches up. You need to know what the people doing the hiring are looking for and what makes a successful candidate. Perhaps you will need a degree in economics or mathematics first, maybe even a masters in quantitative analysis and stats; alternatively you taking a job as a personal banker could be a great route into the industry, but my opinion (I don't work in finance so don't take it as fact) is that the job skills and experience gained as a personal banker translate poorly to investment banking.

In general, to start a career in investment banking you must obtain a good degree (2:1 - upper second class honours) in a subject allied to it, like economics, mathematics, statistics, maybe even business studies with a focus on finance. That really is a minimum.

Do you want to do investment banking or be an investment analyst?

https://www.prospects.ac.uk/job-prof...estment-banker

https://www.prospects.ac.uk/job-prof...estment-banker

https://www.prospects.ac.uk/job-prof...stment-analyst
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dibs99
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To an extent it will help your case when you will be applying for spring weeks and internships, because some finance experience is better than nothing. However, and I can't stress this enough, personal banking has absolutely nothing to do with investment banking and the two require different skill sets. Also can you elaborate on what "customer service" will include? Because if it is what I think its is, then you might be wasting your time.
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Ccracker
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(Original post by geolowiser)
I am speaking from a position of experience in a different industry, but the approach remains the same: speak to the people who hire trainees, look at the abilities and experience required to get those entry level jobs and see whether this matches up. You need to know what the people doing the hiring are looking for and what makes a successful candidate. Perhaps you will need a degree in economics or mathematics first, maybe even a masters in quantitative analysis and stats; alternatively you taking a job as a personal banker could be a great route into the industry, but my opinion (I don't work in finance so don't take it as fact) is that the job skills and experience gained as a personal banker translate poorly to investment banking.

In general, to start a career in investment banking you must obtain a good degree (2:1 - upper second class honours) in a subject allied to it, like economics, mathematics, statistics, maybe even business studies with a focus on finance. That really is a minimum.

Do you want to do investment banking or be an investment analyst?

https://www.prospects.ac.uk/job-prof...estment-banker

https://www.prospects.ac.uk/job-prof...estment-banker

https://www.prospects.ac.uk/job-prof...stment-analyst
Thanks

(Original post by dibs99)
To an extent it will help your case when you will be applying for spring weeks and internships, because some finance experience is better than nothing. However, and I can't stress this enough, personal banking has absolutely nothing to do with investment banking and the two require different skill sets. Also can you elaborate on what "customer service" will include? Because if it is what I think its is, then you might be wasting your time.
They said I will be serving at the counter, resolving customer enquiries, benefits of banking with TSB and stuff like that
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username738914
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(Original post by Ccracker)
Im 19 and got offered a job at TSB as a personal banker..
I want to do investment banking later in life and i mainly applied because I thought this job might be useful? Its an hour journey and it will be quite tough so I'll only take it if it will really help me in investment banking in terms of getting a job and whatnot.
Being a teller has 0 to do with IB

I would really just look at this job as any other retail or part time gig you can use to give you cash whilst going to uni. The experience itself is nice as you'll be forced to interact with others and build confidence but it's in no way preparation for a career in high finance by itself.

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dibs99
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I second Princepieman
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username963570
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(Original post by Ccracker)
Im 19 and got offered a job at TSB as a personal banker..
I want to do investment banking later in life and i mainly applied because I thought this job might be useful? Its an hour journey and it will be quite tough so I'll only take it if it will really help me in investment banking in terms of getting a job and whatnot.
Anything helps. The actual impact this will have as the job itself goes is very little, but the whole thing helps build your profile - so yes, if I were you I would take this job as you are on a Gap Year.
*
Breaking into IB firms will take a lot more though - a lot will be based off Uni and course rep, and how the rest of your profile stacks up (Grades/Uni Societies/Extra-Curriculars/Positions of Leadership etc)

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