How to get into investment banking. One of the most common enquiries we get. There are a number of different routes to a career in investment banking, and a lot of information out there.
A list of the largest, full service investment banks:
- 1 – JPMorgan Chase
- 2 – Goldman Sachs
- 3 – Bank of America Merrill Lynch
- 4 – Morgan Stanley
- 5 – Citigroup
- 6 – Deutsche Bank
- 7 – Credit Suisse
- 8 – Barclays Capital
- 9 – UBS
- 10 – Wells Fargo
- 11 – RBC Capital Markets
- 12 – HSBC
- 13 – Jefferies Group
- 14 – BNP Paribas
- 15 – Nomura Holdings
- 16 – Mizuho
- 17 – Lazard
- 18 – Sumitomo Mitsui
- 19 – Mitsubishi UFJ
- 20 – Société Générale
If you are wondering how to get into investment banking, the first step is research. Employers will never tire of saying how much of a difference it makes when a candidate has a great deal of knowledge about the company and the industry.
You can gain this from looking online, reading relevant press, visiting careers fairs and talking to graduate recruiters.
Another great way to learn about how to get into investment banking and what it’s really like is to learn from current experienced employees.
We aim to provide you with regular exclusive employee interviews so you can gain valuable and unique “insider” information.
How to get into investment banking: interview with Heena Naji:
Name: Heena Naji
Company: Goldman Sachs
Division: Investment Banking (Client Services) London
Background: Heena has worked at Goldman Sachs for 6 years, read what she has to say about working here.
1) Can you describe your current role? Where are you based?
I am based in Operations at Goldman Sachs in London. I manage the client service group in London within the Asset Servicing department.
2) How did you begin your career in banking & finance?
When I graduated I took the initiative to take an internship in the Bengaluru office of GSAM operations. This set the basis for working in the investment banking industry and developed my enthusiasm for working at GS.
3) Which University did you attend? What did you study?
I attended Manchester University – Joint Honours in French and Business Management.
4) How would you describe the culture and work environment at Goldman Sachs?
The culture is amazing. People work incredibly hard and there is a very strong team work ethic. Decisions are consensus-driven and everyone is encouraged and empowered to challenge the status quo.
5) What do you most enjoy about your job? What do you find the most challenging?
The people I work with make the job very enjoyable. The job is interesting as no day is the same. It is challenging but exciting to work in a high-pressure environment whilst managing risk and still providing exceptional client service.
6) Could you give any advice/tips to current graduates about how to get into investment banking and applying to Goldman Sachs?
I would recommend applying if you are enthusiastic, willing to learn and work well under high pressure. It is important to be able to prioritise and be accountable for the work that you do.
7) What are the key skills or qualities you need to do well in this industry?
Always be willing to learn and ask questions. Good organisation and prioritisation skills will be invaluable. Clear, concise and appropriate communication is also a very good skill.
8) What could current students do now to help them with once they graduate and look for jobs?
Students need to differentiate themselves; there are so many opportunities out there and students should make the most of them. When looking for jobs it is important they research the company properly – there is so much information available online and students should make the most of it. They should also check that their values and principles are aligned with that of the firm they are applying to.
Ultimately the students applying for the roles they are most interested and suited to they will do best at.
- Apply for internships at your target investment bank
- Exciting and high pressured work environment
- Be enthusiastic
- Knowing how to prioritise is important
- Carry out in depth research into the bank
- Try to stand out from the crowd