Here’s the thing, landing a job is rarely an easy task. Since there are a lot of parameters that impact your chances, it can oftentimes seem like you don’t know where you should even begin. Don’t worry too much though. Even those that are the most successful in investment banking have been in your shoes before. Instead of worrying – plan, do your research. And clicking on this article is a good way to start.
Now, luckily for you, a lot of people have experience with finding an investment banking job. From their experience, we can draw conclusions on various patterns. What works, what doesn’t, how to tweak your skillset to land a job, those things. Also, the places and events that you should visit to boost your chances.
Before we start, you should know that it can safely be said that no one answer fits everyone’s situation here. Every job landing story is different. But, having that in mind, there are some things that you can do to boost your chances. Here, we will talk about those exact things to help you land an investment banking job.
Never overlook the power of networking
When it comes to finding a job in any branch out there, few things are as important as your network. This is especially true for investment banking, as it is one of the most effective ways for you to ensure that you will get your first job. Why so? Well, simply put, all the large investment banks are oversaturated with new resumes at almost all times.
So, if you are starting from scratch and have no one of relevance looking at your resume, there are several issues with your situation. First, you need to have in mind that big investment banks receive more than ten thousand resumes every year. Secondly, the lack of face-to-face interaction when you first apply makes it easy to get lost in a crowd. The most prominent points where this affects your chances are all the resume scanning programs and the HR department. Most resumes get discarded even before anyone relevant even looks at them.
So, how does this tie in with networking? Well, as this step-by-step guide on how to become an investment banker explains, it all boils down to having someone that can push your resume and influence whether you’ll be hired. This is why you must start working on your connections as soon as possible. Internships are a great way to start, as well as volunteer work. LinkedIn is a must as well. In general, what you need to do is to take every possible opportunity to meet someone relevant. Now, this doesn’t mean that you need to ensure that someone hires you from the get-go. But when it comes to landing an investment banking job, just having someone to ensure that your resume isn’t overlooked is a big deal.
Work on your resume
Okay, all of us know that resumes are important. The thing is, your resume needs work both on-site and off-site. This means that it’s not only important that you have relevant business experience and a good background in general. How you present all these parameters is, especially in the stage of selection, even more important. As we’ve mentioned already, the probability is low that someone will spend a lot of time deciphering your experiences.
This means that you need to present yourself in the best way possible. There are a lot of things that go into creating a perfect resume. Be concise, be aware of how you’re placing certain variables in your resume. Think chronologically. Don’t make your resume just a list of what you’ve done. Making a resume that’s oversaturated and chaotic is something that happens more than you think. Prioritize relevant experiences, and present them in a way that’s relevant to the position you’re applying for.
The email with your application is more important than you think
The major problem with people not being able to get noticed by the company lies in general statements. This is why you need to make sure that you show that you’re a good candidate right from the get-go.
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Continue Reading: https://www.insightssuccess.com/practical-hacks-to-land-an-investment-banking-job/.
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