Sameer Merchant, CFA on LinkedIn: These are the 10 hardest investment banks to get a job at in the world🌍👇… (2024)

𝗧𝗵𝗶𝘀 𝗶𝘀 𝘁𝗵𝗲 𝗹𝗶𝘀𝘁 𝗼𝗳 𝘁𝗵𝗲 𝘁𝗼𝗽 𝟭𝟬 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗯𝗮𝗻𝗸𝘀 𝗶𝗻 𝘁𝗵𝗲 𝘄𝗼𝗿𝗹𝗱🌍👇(By M&A deal size)1. JP Morgan2. Goldman Sachs3. Bank Of America4. Morgan Stanley5. Citi Bank6. Barclays7. Credit Suisse (UBS)8. Wells Fargo9. Deutsche Bank10. China Citic BankIf you want to get into these banks you need to be in the top 2% of applicants.That means:→ AAB (or better) A-levels→ Internships from 1st year→ Good commercial awareness→ Strong valuation and financial modeling skillsWithout them, you’re going to struggle.

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This is the list of the top 10 investment banks in the world🌍👇(By M&A deal size)1. JP Morgan2. Goldman Sachs3. Bank Of America4. Morgan Stanley5. Citi Bank6. Barclays7. Credit Suisse (UBS)8. Wells Fargo9. Deutsche Bank10. China Citic BankIf you want to get into these banks you need to be in the top 2% of applicants.That means:→ AAB (or better) A-levels→ Internships from 1st year→ Good commercial awareness→ Strong valuation and financial modelling skillsWithout them, you’re going to struggle.

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Yesterday, I had the opportunity of delivering an overview of investment banking careers and M&A at UCL.Every year, I see students tripping over the same hurdles in their quest to break into banking. It's time to quit tripping and start sprinting!🕵️ Here are some insider tips from someone who has placed more than 250 students in banking over the past 7 years at top companies including Goldman Sachs, UBS, JP Morgan and MS among many others. ✅ The early bird catches the worm. Make your move now! Secure spring weeks and summer internships to give yourself a head start when it comes to graduate jobs.✅ If leading investment banks like Goldman Sachs or J.P. Morgan shut their doors, don't lose heart. There's a whole world of boutique investment banks awaiting your application.✅ Did you know there are over 2,000 financial services companies in the UK? Set a high target; aim to apply for 50 to 100 jobs each month. That's how you secure 2 to 5 interviews per month.Ready to break into banking like a pro?

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These are the top 10 investment banks to work for👇(According to GlassDoor employee satisfaction)1. Goldman Sachs2. Bank of America3. JP Morgan4. Barclays5. Nomura Holdings6. TD7. Jefferies8. Evercore9. Guggenheim Partners10. Centerview PartnersAs an ex-employee of Goldman Sachs, I can confirm, first hand that the ratings above seem accurate. These banks are highly competitive.Most receive more than 50k students applications a year. So make sure you have:→ AAB (or better) at A levels→ Internships from 1st year→ Good commercial awareness→ Standout cover letters and CVs→ Strong valuation and financial modelling skillsRemember, success is the sum of small efforts executed efficiently.

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🌟 Exciting Announcement! 🌟I am thrilled to share that I have just completed the coveted Certificate of Virtual Experience in Investment Banking from JPMorgan Chase & Co.! 🎓✨Over the past weeks, I have delved into the world of investment banking and immersed myself in a virtual internship experience at one of the top financial institutions globally. This dynamic program allowed me to gain invaluable insights into the intricacies of investment banking, cultivate essential skills, and collaborate with industry professionals from diverse backgrounds. 💼🌐What an incredible journey it has been! From diving deep into financial modeling and valuation techniques to analyzing complex market trends and identifying lucrative investment opportunities – every moment was filled with excitement, challenge, and growth. The virtual internship provided a unique platform for honing my analytical abilities, sharpening my research skills, and improving my decision-making capabilities. 📈🔍💡I want to express my deepest gratitude to JPMorgan Chase & Co. for providing such an immersive and enriching experience. Their commitment to nurturing young talent and preparing us for success in the fast-paced world of finance is truly commendable. 💙🤝Moreover, I want to extend my appreciation to the incredible professionals who served as mentors during this program. Their guidance, expertise, and valuable feedback have undoubtedly contributed to my personal and professional development. 🙏🌟The virtual experience in investment banking has opened doors to a world of opportunities that I am now ready to explore wholeheartedly. I am excited to bring my enhanced skills, knowledge, and enthusiasm to contribute to the finance industry's advancement and make a positive impact on the global economy. 💪💼I am now actively seeking opportunities to further amplify my growth in investment banking and connect with industry leaders, mentors, and fellow professionals. If you know of any roles or networking opportunities that align with my passion and skill set, kindly reach out to me. I am eager to engage in meaningful conversations and collaborations as I embark on this exciting next chapter of my career! 🌍🚀Thank you all for your unwavering support and belief in me. Let's celebrate this achievement together and continue moving forward, creating success, and inspiring others to reach for their dreams! 🎉💼💫#JPMorgan #VirtualExperience #InvestmentBanking #CareerGrowth #PassionForFinance #ProfessionalDevelopment #Networking #Opportunities #Inspiration #NextChapter #finance #investment #share

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Check this out if you want to work in IB or WM⚙️ Options strategies in a nutshell 📈 #0👋 I am delighted to present you my new series of short articles about options on a weekly basis. I am going to treat about options functioning, and strategies that can be made of those options. I will present quick examples and payoff graphs which will illustrate my explanations every Tuesday.💡 During my internship within the execution team atUBS, I developed strong knowledge about this subject, and I wanted to share it with my network as it passionates me a lot.My purpose is to present frequently used products in investment banks as well as some more exotic strategies.👉 The first two articles will talk about Call and Put options, which are the core of every existing options strategy.🚩 See you next Tuesday for the next article!Don’t hesitate to spread this over your network, it would be the best reward for me.#optionstrading #options #structuredproducts #finance #investement #strategy #banks #trading #tradingstrategy

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I recently participated in JPMorgan’svirtual job simulation on the Forage platform, and it was incredibly useful to understand what it might be like to be part of an investment banking team at JPMorgan.The job simulation enabled me to become more familiar with advanced Excel and PowerPointand to develop my passion for supporting clients through large, complex transactions. These are the tasks I performed during my internship.* Identified an ideal M&A target for a client based on an assessment of their strategic and financial criteria.* Constructed a DCF model to calculate the valuation of the M&A target andadjusted the model to account for a competitor bid and supply chaininterruption.* Created a 2-pager for the client containing a company profile and summary ofthe auction process.Overall it was a great experience ❤️ #jpmorganchase #jpmorgan #investmentbanking

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Good Day Everyone! I completed the Markets (Sales & Trading) Job Simulation Completion Certificate today. It gave me valuable insights into what an intern in Sales & Tradings goes through at JP Morgan. In addition, I also learned about the role of JP Morgan in Market Sales & Trading. This virtual internship experience provided by Forage involves four essential tasks:-Pitch to the manager about potential clients with various profiles.-Analyze the current market environment and suggest an attractive investment opportunity to my client.-Learn about the process of the market liquidity and the flow of trades going in and out of the market, and learn about the process of trade executions and the post-trade cycle.-Deliver a pitch about JP Morgan's post-trade service to a client via an audio recording.As a first-year student, there were challenges in formulating my answers as I needed to do extensive research on JP Morgan's services in the public and private market and how an operating model works from offering collateral management, data & analytics, and global custody services. In addition, I also needed to gather specific economic data such as inflation numbers, central bank rates, and market prices to make an informed position in a trade idea. It was an insightful experience, and I look forward to doing more in the future while learning more about the Market Sales & Trading industry in the process.

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Worried you will fail to land a job in investment banking?It's no secret the competition is fierce:💼 JP Morgan:270,000 applicants annually💼 Goldman Sachs:Over 250,000 applications💼 UBS, Morgan Stanley:70,000+ applicants each yearFeeling overwhelmed? Don't despair! Ditch the "lottery mentality" and consider this strategy:👉 Start at a Boutique Investment Bank:Instead of battling the masses, target smaller firms with more manageable applicant pools (a few hundred to a thousand).✨ Here are some success stories from City Investment Training:Four of my course graduates in the past three weeks secured offers at prestigious boutique and mid-market banks. Many will undoubtedly transition to leading firms later. In fact, most of my bulge bracket hires either started at boutiques or landed off-cycle internships at bigger banks such as UBS and HSBC.✋ But wait here's the catch!The only snag with boutique investment banks is that they need applicants who are already proficient with..✅ Accounting✅ Financial modelling ✅ Valuations and✅ Superior Excel and PowerPoint skills The Takeaway:Invest in Yourself:Gain relevant knowledge before applying.My course equips you with the skills sought by boutique banks.Seek Smarter Opportunities:Prioritize realistic options with higher success rates.Break the Cycle:Escape the "rat race" and carve your own path to success.Ready to make a strategic move? Learn more about my course and join the alumni network building fulfilling careers in banking!#investmentbanking #careeradvice #boutiquesuccess #breakthecycle

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I’m happy to share that I’ve obtained a new certification: - Investment Banking Job Simulation from Forage!In this virtual internship, I had the opportunity to:1) Assist in pinpointing a perfect merger and acquisition (M&A) candidate for our client by evaluating their strategic and financial requirements.2) Construct a DCF model to calculate the valuation of a M&A target, while adjusting changes due to unforeseen circ*mstances. 3) Create a two-pager that provides my client with the company profile and summary of the auction process.

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