In How to Get an Investment Banking Job, we discussed how a career in investment banking is different to other industries. Even when interviewing for an investment banking analyst role, a candidate is expected to know everything about the industry including the technical stuff related to company valuation and financial modelling. The most commonly used business valuation methods are:
If you’ve already tried applying for an investment banking job, then you will know first hand that breaking in is a battle. Investment bankers earn substantially more than other professionals except sportsman, rock stars and celebrities. It’s no wonder that banks are spoilt for choice when it comes to taking a call on which applications to short list for interview and which to ding.