Investment Banking Internships

Investment banking internships are a pre-requisite for seeking full-time employment in the investment sector. Most banking organizations offer investment banking internships to qualified students to acquaint them with the work process.

An individual should posses the following qualifications to seek investment banking internships:

Investment banking internships are a pre-requisite for seeking full-time employment in the investment sector. Most banking organizations offer investment banking internships to qualified students to acquaint them with the work process.

An individual should posses the following qualifications to seek investment banking internships:

• Graduate degree; most banks prefer a degree in mathematics, accounting, economics or statistics.
• Some organizations entertain individuals with an MBA degree in finance only.
• Basic computer knowledge is essential.
• Ability to work under high pressure and meet deadlines.
• Good numerical skills
• Analytical aptitude to draw inferences based on financial data
• Good understanding of laws related to investment and finance.
• Interest in current affairs and financial news.
• Self-confidence, tenacity and drive for excellence.

Some organizations may have additional entry requirements, such as a diploma in investment banking.

How to Find Investment Banking Internships

Investment banking internships are available with banks, financial service providers and specialist investment companies. Major resources to search for investment banking internships include:

• Job sites: The Internet is flooded with job sites. An individual can sign up for their services. These job sites will alert registered users regarding investment banking internships based on individual preferences. Also, one can search for preferred internship options with local banks on the job sites.
• Blogs: One can join blogs related to banking jobs or internships. This helps to build relationships with other professionals as well.
• Placement agencies: Employment agencies can arrange for investment banking internships against a fee.
• Bank sites: Most banks have a career webpage on their website, where interested individuals can apply for internships and jobs.

Several banks contact institutions and colleges that offer qualified finance courses to seek students for investment banking internships.

Investment Banking Internship Training

Established organizations offer structured investment banking internship programs. They are designed to familiarize the intern with organizational goals, work processes and the role of investment banking officers. In some countries, such as the UK, interns are given an Investment Management Certificate (IMC), which is a prequalification to seeking regular employment.

During investment banking internships, organizations offer meager salaries. However, good internship exposes an individual to the industry work culture, which forms the basis of a successful career.