Entry-Level Positions for Aspiring Investment Bankers
Investment banking offers structured recruiting, starting with summer internships after the sophomore and junior years of college; these internships, the recruiting process for which begins "like a year ahead," are a "pipeline" to securing a post-graduate position.
Investment Banking, Internships, Entry-Level Positions, Recruiting Process, Financial Services
Advizer Information
Name
Job Title
Company
Undergrad
Grad Programs
Majors
Industries
Job Functions
Traits
Trent Hammond
Investment Banking Associate
Global Investment Bank
University of Illinois at Urbana-Champaign - 2017
UCLA Anderson School of Management - MBA
Finance
Finance (Banking, Fintech, Investing)
Finance
Took Out Loans, Student Athlete
Video Highlights
1. Investment banking recruiting starts early, sometimes as early as the end of freshman year or during freshman year for the summer internship after the sophomore year.
2. Summer internships after sophomore and junior years are crucial for securing a full-time postgraduate position in investment banking.
3. The process is structured, with internships serving as a pipeline to full-time employment after graduation
Transcript
What entry-level positions are there in this field that an undergraduate college student might consider?
For investment banking, it's a very structured recruiting process. It now starts the summer after your sophomore year, where you'll have a summer internship.
Then, you'll see people go through their junior year of school and have a junior internship as well. Recruiting for that starts about a year ahead.
I don't know if it's the end of your freshman year or during your freshman year, but you're recruiting for that sophomore internship. A huge thing is getting the internships after your sophomore and junior year.
It's the pipeline into getting that postgraduate opportunity.