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Associate
What does an investment banking associate do?
How to you become an Investment Banking Associate?
Investment Banking Associates are typically fresh MBA graduates with a couple of years of professional experience (not necessarily in banking or finance), or analysts that have been promoted to the next level. In the US MBAs are the majority but in the rest of the world and London analyst promotes are the majority
Associates from MBA programmes go through a very similar process to analysts, but the interviews are much more focused on technical skills and leadership abilities, which are key skills for an associate
Investment Banking Analysts and Associates Best Practices
This is an extract of Merrill Lynch's best practices and behaviour that it used to give to its Investment Banking Associates and Analysts. This is a great summary of how you should behave as a junior banker to clim the ranks quickly.
1) Have a great attitude
This means that you should not complain, even if the job is very intense and very demanding. This also means that you should have a positive attitude in difficult situation and have a "let's solve this problem" attitude. It also involves being proactive and being friendly with all of your colleagues, below and above in the hierarchy.
2) Work hard
