Entry-Level Positions for Aspiring Investment Banking Analysts
Jonathan, an Investment Banking Associate, states the entry-level position for undergraduate students is "investment banking analyst," a broad term encompassing various industry and product groups. To prepare, Jonathan recommends reviewing materials like "the 400 questions," emphasizing that while "recruiting for investment banking is tough," this preparation benefits future career pursuits.
Investment Banking, Analyst Position, Financial Modeling, Networking, Interview Preparation
Advizer Information
Name
Job Title
Company
Undergrad
Grad Programs
Majors
Industries
Job Functions
Traits
Jonathan Freeman
Investment Banking Associate
Middle Market Investment Bank
CWRU
UCSD Master of Finance, UCLA FTMBA
Economics
Finance (Banking, Fintech, Investing)
Finance
Student Athlete
Video Highlights
1. Investment banking analyst positions are entry-level roles available to undergraduate students.
2. The analyst title encompasses various industry groups (coverage and product groups), offering diverse career paths.
3. Preparation involves familiarizing oneself with resources like "Breaking into Wall Street" materials and "400 questions" to excel in the competitive recruiting process for investment banking roles which builds a strong foundation for future careers
Transcript
What entry-level positions are there in this field that an undergraduate college student might consider?
It's going to be the analyst position. You can be a junior banker, and being an investment banking analyst is a very broad term.
You could be an investment banking analyst in many different industry groups, like coverage or product groups. So, it's not a very specific title, but it will be an investment banking analyst.
To prepare for that, you need to go through Breaking Into Wall Street materials. We call them the 400 questions. You need to go through those and learn them really well.
Recruiting for investment banking is tough, but it will prepare you for almost anything from a qualitative and work standpoint, including working hard. It's going to be the analyst position, and you can do that across many different coverage and product groups.