Sarah Butcher from eFinancialCareers demystifies the recruitment process for investment banking with the help of CEO, John Craven.
Securing a job offer with an investment bank can be more competitive than getting into an elite university. The acceptance rate for Goldman Sachs is just 1.8% compared to 5.2% at Harvard University and around 20% at Cambridge. John advises that students interested in investment banking should spend their first year laying the ground work for future applications. Spend time finding out about the industry and establishing the sector you’d like to work in. In your second year apply for summer internships, which will in turn prepare you for grad role applications in your final year of study.
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