Sameer Merchant, CFA on LinkedIn: These are the 10 hardest investment banks to get a job at in the world🌍👇… (2024)

𝗧𝗵𝗶𝘀 𝗶𝘀 𝘁𝗵𝗲 𝗹𝗶𝘀𝘁 𝗼𝗳 𝘁𝗵𝗲 𝘁𝗼𝗽 𝟭𝟬 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗯𝗮𝗻𝗸𝘀 𝗶𝗻 𝘁𝗵𝗲 𝘄𝗼𝗿𝗹𝗱🌍👇(By M&A deal size)1. JP Morgan2. Goldman Sachs3. Bank Of America4. Morgan Stanley5. Citi Bank6. Barclays7. Credit Suisse (UBS)8. Wells Fargo9. Deutsche Bank10. China Citic BankIf you want to get into these banks you need to be in the top 2% of applicants.That means:→ AAB (or better) A-levels→ Internships from 1st year→ Good commercial awareness→ Strong valuation and financial modeling skillsWithout them, you’re going to struggle.

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Yesterday, I had the opportunity of delivering an overview of investment banking careers and M&A at UCL.Every year, I see students tripping over the same hurdles in their quest to break into banking. It's time to quit tripping and start sprinting!🕵️ Here are some insider tips from someone who has placed more than 250 students in banking over the past 7 years at top companies including Goldman Sachs, UBS, JP Morgan and MS among many others. ✅ The early bird catches the worm. Make your move now! Secure spring weeks and summer internships to give yourself a head start when it comes to graduate jobs.✅ If leading investment banks like Goldman Sachs or J.P. Morgan shut their doors, don't lose heart. There's a whole world of boutique investment banks awaiting your application.✅ Did you know there are over 2,000 financial services companies in the UK? Set a high target; aim to apply for 50 to 100 jobs each month. That's how you secure 2 to 5 interviews per month.Ready to break into banking like a pro?

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These are the top 10 investment banks to work for👇(According to GlassDoor employee satisfaction)1. Goldman Sachs2. Bank of America3. JP Morgan4. Barclays5. Nomura Holdings6. TD7. Jefferies8. Evercore9. Guggenheim Partners10. Centerview PartnersAs an ex-employee of Goldman Sachs, I can confirm, first hand that the ratings above seem accurate. These banks are highly competitive.Most receive more than 50k students applications a year. So make sure you have:→ AAB (or better) at A levels→ Internships from 1st year→ Good commercial awareness→ Standout cover letters and CVs→ Strong valuation and financial modelling skillsRemember, success is the sum of small efforts executed efficiently.

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📣📣 Learn the secrets that helped more than 200 students get a job in banking, including at marquee names such as Goldman Sachs, JP Morgan, UBS and Morgan Stanley.Are you a university student or a recent graduate looking for a job/internships in investment banking❓City Investment Training is offering a Live Online 2-day course (worth £1,000) for Free to all students who Like, Share, Comment and Follow us on LinkedIn.The course is free for students who want to attend the course and get a participation certificate.Spend two days with an ex-Goldman Sachs and Barclays investment banker.Once you have...✅ Liked,✅ Shared this post and✅ Comment on this post.👉 Please DM me for link only after taking care of the 3 tasks above. 🗓 Date: 4th and 5th of May 2024Look forward to seeing you all online!PS: The course is meant for students or recent graduates from Europe or North America only.#finance#investmentbanking#careers#students

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I recently participated in JPMorgan’svirtual job simulation on the Forage platform, and it was incredibly useful to understand what it might be like to be part of an investment banking team at JPMorgan.The job simulation enabled me to become more familiar with advanced Excel and PowerPointand to develop my passion for supporting clients through large, complex transactions. These are the tasks I performed during my internship.* Identified an ideal M&A target for a client based on an assessment of their strategic and financial criteria.* Constructed a DCF model to calculate the valuation of the M&A target andadjusted the model to account for a competitor bid and supply chaininterruption.* Created a 2-pager for the client containing a company profile and summary ofthe auction process.Overall it was a great experience ❤️ #jpmorganchase #jpmorgan #investmentbanking

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Good Day Everyone! I completed the Markets (Sales & Trading) Job Simulation Completion Certificate today. It gave me valuable insights into what an intern in Sales & Tradings goes through at JP Morgan. In addition, I also learned about the role of JP Morgan in Market Sales & Trading. This virtual internship experience provided by Forage involves four essential tasks:-Pitch to the manager about potential clients with various profiles.-Analyze the current market environment and suggest an attractive investment opportunity to my client.-Learn about the process of the market liquidity and the flow of trades going in and out of the market, and learn about the process of trade executions and the post-trade cycle.-Deliver a pitch about JP Morgan's post-trade service to a client via an audio recording.As a first-year student, there were challenges in formulating my answers as I needed to do extensive research on JP Morgan's services in the public and private market and how an operating model works from offering collateral management, data & analytics, and global custody services. In addition, I also needed to gather specific economic data such as inflation numbers, central bank rates, and market prices to make an informed position in a trade idea. It was an insightful experience, and I look forward to doing more in the future while learning more about the Market Sales & Trading industry in the process.

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I'm excited to share that I've successfully completed a virtual internship in Investment Banking Job Simulation at JPMorganChase under the guidance of Mr. Tom Brunskill, I worked on tasks such as finding potential M&A targets, gathering target information and managing the auction process, performing financial analysis, and ultimately providing an investment recommendation.#InvestmentBanking #JobSimulation#JPMorganChase #MA #DCFModel #Valuation #CompanyProfile #AuctionProcess

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THIS WEEK'S 100 INVESTMENT BANKING INTERNSHIPS, CAREERS, TIPS AND MORE INCLUDING: EVERCORE, NOMURA, PNC 100 INVESTMENT BANKING INTERNSHIP/CAREERS WEBSITE TO APPLY:1. Evercore: https://lnkd.in/gcMJdhv92. Nomura: https://lnkd.in/gg3mPDyU3. PNC : https://lnkd.in/eFkVmUW4. Arlington Capital Advisors: https://lnkd.in/gnqJcKRH5. Needham & Co.: www.needhamco.com/careers/6. The Capital Corporation: jobs.capitalgroup.com/7. Focus Strategies Investment Banking: https://lnkd.in/gWRzTahd8. Valufinder Group: https://lnkd.in/gDPreNjN9. PCE Investment Bankers: https://lnkd.in/gKfijmWS10. Peakstone Group: https://lnkd.in/gd-necfa11.-100. See 90 more here: https://lnkd.in/gv3y4Mww100 IB CAREER TIPS:1. Prepare 10 min before and practice what would you say, if your are on the spot and VP/MD doesn’t show up2. Have client names and contact information readily available3. Send cheat sheet email to MD before the call if appropriate or even better if you have a cheat sheet so you could chime in4. Prepare before the call, know background, who will be on the call, what do they know5. Always announce yourself on calls, don’t hide, be visible6. Always be prepared to turn on video camera for Zoom meetings (typically you don’t need to when you have not speaking role, but if everyone else turns it on you have to do so. You don’t want to be the stalking person who is afraid to turn on the video because your hair looks messy, and you wear an orange T-shirt7. When in doubt turn on your video on a Zoom call. It is a way to build relationship with the client even if you don’t have a speaking role8. Know how to introduce yourself. Practice it with your VP. They won’t think this is odd9. Come up with small talk and phrases when joining the call early and you’re the only one from the bank10. Write down how other opened the call and finished the call (sentences that can help you when your VP is late from calls)11.-100. See 90 more here: https://lnkd.in/gPPY2Bc51,000+ MORE US INVESTMENT BANKS:WALL STREET CONNECTOR HELPS YOU TO FIND HIGH-PAYING INVESTMENT BANKING JOBS — No other website provides you a searchable list of 5,000+ investment banking contacts, 1,000+ US investment banks in 40+ states with website, internships and careers page, contact email address, address of each office location, phone number and more. Use promo code WSCARTICLE20 to get 20% off:https://lnkd.in/dv84ppgY#investmentbanking #investmentbanks #investmentbank #investmentbanker #investmentbank #financecareers #financecareer #wallstreetintern

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Worried you will fail to land a job in investment banking?It's no secret the competition is fierce:💼 JP Morgan:270,000 applicants annually💼 Goldman Sachs:Over 250,000 applications💼 UBS, Morgan Stanley:70,000+ applicants each yearFeeling overwhelmed? Don't despair! Ditch the "lottery mentality" and consider this strategy:👉 Start at a Boutique Investment Bank:Instead of battling the masses, target smaller firms with more manageable applicant pools (a few hundred to a thousand).✨ Here are some success stories from City Investment Training:Four of my course graduates in the past three weeks secured offers at prestigious boutique and mid-market banks. Many will undoubtedly transition to leading firms later. In fact, most of my bulge bracket hires either started at boutiques or landed off-cycle internships at bigger banks such as UBS and HSBC.✋ But wait here's the catch!The only snag with boutique investment banks is that they need applicants who are already proficient with..✅ Accounting✅ Financial modelling ✅ Valuations and✅ Superior Excel and PowerPoint skills The Takeaway:Invest in Yourself:Gain relevant knowledge before applying.My course equips you with the skills sought by boutique banks.Seek Smarter Opportunities:Prioritize realistic options with higher success rates.Break the Cycle:Escape the "rat race" and carve your own path to success.Ready to make a strategic move? Learn more about my course and join the alumni network building fulfilling careers in banking!#investmentbanking #careeradvice #boutiquesuccess #breakthecycle

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🌐 UBS Work Experience: Oct 23-25, 2023Excited to share my very first LinkedIn post about my transformative work experience at UBS! Over three days, I refined a versatile skill set and embraced a culture of teamwork and effective communication. Engaging with financial professionals enhanced my money management skills, while the fast-paced environment cultivated strong time management abilities.Day 1: In-Person DynamicsThe in-person experience was dynamic! From creating a balloon sofa in a team of strangers to mastering time and money management, it was a day filled with activities. Networking introduced me to Adam Cane and Sumithan S, providing valuable insights into the world of degree apprenticeships.Day 2 & 3: Virtual ImmersionOnline sessions immersed us in various departments, working on a group presentation and learning about the IT team. A highlight was the group challenge, where we fixed website errors, delving into the world of HTML.Overall, UBS equipped me with industry insights and essential soft skills—teamwork, communication, money and time management. Grateful for the opportunity and excited for what's next! 💼🚀 #UBSExperience #CareerJourney #FirstPostWishMeLuck 🍀 #TechInFinance

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