Top Five Non-Investment Banking Jobs at an Investment Bank
When most people hear the words “investment bank,” certain associations immediately spring to mind. Namely, overworked young bankers struggling to keep senior bankers happy, or pressure-filled senior bankers struggling to keep clients happy. Yet an investment bank has a lot more to offer prospective employees in terms of a career path. Let’s take a look […]
Top Five Career Choices After Investment Banking
A career in the field of investment banking typically requires some serious sacrifices — especially when you’re first starting out. There is a payoff at the end of the road, however. After all those long and extremely taxing work hours — and a year or two spent doing less than glamorous tasks as a junior […]
What to do — and what not to do — during your initial phone interview
Landing your dream job in the field of investment banking is a multi-stage process — and the initial phone interview is one of the first and most important hurdles to clear. While a spectacular phone interview won’t be enough to land you a job, a poor performance can completely derail the hiring process. With that […]
The Benefits of Career Coaching
One need look no further than professional sports to see the competitive advantage attached to good coaching. The best coaches generally deliver superior results, and are subsequently highly sought after and incredibly well-compensated. Coaching on a personal level offers many of the same benefits. We often turn to fitness coaches to help us get in […]
Salary Trends Across Investment Banking — Up, Down or Flat?
When it comes to salaries, there’s no denying that investment banking sits right near the top. There’s a reason why so many younger workers are willing to put up with arduous hours and relentless competition. Compensation, in the form of salaries and bonuses, is a powerful magnet for the industry. Yet, like in any other […]
Gearing Up for Fall Recruiting in a Post-Brexit, High Uncertainty World
It’s hardly unusual for prospective investment bankers to get a bit anxious or nervous during recruiting season. The uncertainty that comes with waiting to launch your career can cause a fair amount of trepidation — even under optimal employment conditions. And as anyone who follows the news can attest, global conditions are hardly optimal. Politics […]
How to Get through a Long Recruiting Process
When you’re pursuing a job in the banking industry, the recruiting process is often a lengthy one. In recent years, employers have added new hurdles to clear in the hiring process, including phone screenings and skills and personality tests. According to one recent survey, the standard job interview process has expanded to an average of […]
Six Reasons Why Your Resume or CV Isn’t Getting a Response
Many of us are familiar with the following scenario: A dream job opens. You furiously update and polish your resume or CV to a high gloss. The grammar is pristine; the content is compelling. Everything seems perfect when you hit submit. Then, radio silence. Days, then weeks pass. No follow up e-mail. No phone call. Your resume is languishing in […]
Why Wall Street’s Newest Workers are Earning More — and Working Less
For years it’s been generally accepted that working on Wall Street is a bit of a “devil’s bargain.” Sure, the pay is sometimes phenomenal, yet the work hours are arduous enough to grind down even the most energetic young striver. A new study by a group of financiers is challenging that long-held notion, however. That […]
How to Turn Your Internship Into a Job
Landing a coveted internship at a major financial institution is no small feat. Elite firms such as Morgan Stanley and Goldman Sachs accept a relatively tiny fraction of the tens of thousands of internship applications they receive every year. And once you’re in the door, your odds of staying there are still only around 60 or 70-percent, according […]