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Common mistakes in Investment Banking CVs
Getting a job in investment banking is a highly competitive process, which gives you little margin of error when it comes down to your resume. While there is no such thing as the perfect investment banking resume (banks will not expect you to have perfect scores, be the president of every club in your school and speak 5 languages), there are nevertheless common mistakes that applicants make and that you should avoid. This is our list of investment banking resume common mistakes.
1. Typos / grammatical errors
Can I get a job in investment banking with a 2.2 or a 3rd?
Will banks look at my application if I have a 2.2 or a 3rd?
The harsh reality is that most big banks will discount anyone without a 2.1 degree, even if you have graduated from the best universities in the country.
I did not do any banking internship: do I still have chance for a the graduate position?
The answer is: yes you do have chance.
Is Speaking European Languages important in London Investment Banking?
So as a student, you may be wondering how important are European languages? and also Is is a big weakness to only speak English or non-European languages?. As an international student, what can I do to to do well in interviews? From what we've experienced, here are our observations:
Speaking 1 or more other European language does indeed give you an edge over other applicants
Interview tips for international students and bankers
International students, particularly those not perfectly fluent in English, face some additional challenges when applying and interviewing with London Investment Banks. Nonetheless, many have successfully been able to frame their international experience into a selling point during investment banking interviews.
Practice is even more important.
Try to practice with native English speakers. For improving your English, there is no time like present to start to speak English with native speakers more often.
How to answer "why investment banking"
For students and graduates, besides the technical questions,CVs, questions and brainteasers, this is a question you WILL get during asked at interviews: "Why investment banking?"
There is no engineered answer for this, but, based on our experience of interviewing candidates, the best answers are:
1) The learning curve in investment banking is very steep and you want to learn a lot and take on new challenges
Investment Banking Interviews Brainteasers
A question that we often hear about brainteasers is "how important is the ability to make quick calculations and solve brain teasers in investment banking interviews, relative to other portions of the interview?", or, simply said "How important are brainteasers?"
Brainteasers are not a major part of the interview process compared to your performance on the other parts, but they are useful for the interviewers for the following reasons:
1) It is another test of analytical ability .
