Please note this post is over 2 year old
Speakers were from Barclays Capital, Benedix & SEO London.
Be flexible about the roles you need to take in order to reach the end job you want. Due to competition for jobs, you have to be adaptable about location, hours, salary, & role when beginning your career.
Passion about the area of banking you want to work in was highlighted as another key factor for success. Simon from Benedix emphasised how you naturally excel when you have passion and enthusiasm for what you do.
Whilst you don’t necessarily need to know what exact product you’d like to trade, you are expected to know your reasons for wanting to be a trader.
Understand the business market – At interview you may be asked your opinion on a particular story in the FT or Economist, so you will need to keep up to date with what is happening in the markets currently AND up to 6 months in the past.
Make your own opportunities! All speakers pointed out the importance of being proactive and not giving up. As well as graduate schemes, there are many opportunities with mid-cap firms. These organisations don’t generally advertise positions and rely on speculative applications to fill their vacancies.
When the panel were asked about their thoughts on growth areas for the future and alternatives to IB, the panel suggested students consider Islamic Banking, Brokering, Compliance with G20 regulation changes, Hedge Funds and Professional Services firms.