Top Insider Secrets On How To Land Your Job In Investment Banking
Listen to what people have gone through and imitate! A job in investment banking entails a spirit of enthusiasm in learning and immersion. It is an exciting and lucrative job to have even if the market is down. The myriad of services that an investment bank offers requires more skilled people to join them to be able to compete and cement a reputation and credibility in the financial world. This goes without saying that investment banks will have to conduct investment banking interviews that may seem like passing through the eye of a needle. Screening and shortlisting procedures are meticulous.
The entire hiring process is meant for the most qualified and highly competitive applicants for a job in investment banking. The variety of tasks to be performed vis-a-vis the skills have to be matched. Not to forget the pressures that bank clients can sometimes pose whilst gaining the client’s trust and confidence in their banking system. The world of investment banking is complicated and stressful but experts say, very lucrative, challenging and the pay is more than gratifying.
Top Insider Secrets
Any insider secrets are meant to be shared. People who have been successful in landing a job in investment banking cannot help but share what they have gone through and their winning secrets. Coaching is a valuable tool, as well as immersing in a self-learning program.
1. Know the job position you are aiming at. The objective is to be specific about the position you want so you can start to work on acquiring knowledge and understanding on the position. A technique is to do some research about the various positions, job descriptions and responsibilities. Make a program of activities that you need to do relative to the position.
2. Build your network. This is about establishing contacts and links in the industry as early as possible to prepare for the big day. Transparency and honesty on your part will help you win people’s trust and might just give out some information and tips. Get to know them, their jobs, their work ethics, among others. It is also good to participate in bank-sponsored events. Be visible and volunteer some help.
3. Be relevant to the position. Highlight your character, strengths and weaknesses and skills and be able to give tangible examples such as a situation that you have handled, how you handled and the result of such intervention. Provide the most precise, interesting, brief and relevant answers to questions. Don’t lose sight of the company’s criteria for selection and what you are being evaluated on.
Many insiders recommend a common concept of successfully passing interviews and land a job in investment banking. The concept is tried and tested by many investment bank professionals. The secrets are out. All you need to do is imitate and grab the opportunity to make your own success story. A job in investment banking has amazing benefits and the prestige associated with the career. Carve your niche in this arena and be one of the next insiders sharing top secrets to newcomers.