by Girl Banker
At junior levels all banks want just one thing: someone with the right attitude. They will train you to ensure you have the technical skills but underlying all that they want a go-getter, someone who is hungry to excel. That is the fundamental requirement.
In addition to having the right attitude, they look for:
Investment banks vet their applicants with extreme care. The majority of their hiring needs are satisfied through their annual recruitment of new graduates.
The vast majority of new hires are recruited after completing an eight to twelve week internship the year before they embark on full time employment. Many universities don’t emphasize this point hard enough: if you want to become an investment banker, do an internship a year before you graduate.
That said, a résumé/CV looks more interesting if you have a variety of different experiences: one solid banking internship plus two or three other out-of-the-box experiences (charity work, other industry or business experience) will do much more for you than three banking internships.
I created my investment banking blog in 2012 as soon as I resigned from i-banking & published my book, To Become An Investment Banker.
Initially published at girlbanker.com, all posts were later subsumed into my personal website under katsonga.com/GirlBanker.
With 7 years of front office i-banking experience from Goldman Sachs and HSBC, in both classic IBD (corporate finance) and Derivatives (DCM / FICC), the aim of GirlBanker.com was to make it as straight-forward as possible to get into a top tier investment bank.
I'm also a CFA survivor having passed all three levels on the first attempt within 18 months - the shortest time possible.