Archive for July, 2011

The Insider – 5 Tips For Getting a Job in Banking When Everyone is Firing

July 30th, 2011

The global credit crisis has been one of the most difficult times to find a job, so high in the industry, the investment bank. According to the U.S. Bureau of Labor Statistics, the number of unemployed rose by 2.2 million between September 2007 and September 2008 and September 2008 unemployment rate hit 6.1 percent – the highest level in five years. In the financial services industry alone, hard by the subprime crisis, lost more than 111,000 people their jobs in the first nine months of 2008.

However, there are, for example, on average, more than 3 million jobs every month in the United States. And you need only one as a jobseeker. Even in a labor market with unemployment of 6.1% a 93.9% employment.

So how do you give the 93.9% of the workforce, and in a prior investment banking office location?
» Read more: The Insider – 5 Tips For Getting a Job in Banking When Everyone is Firing

Top 3 Reasons Why Good Candidates Fail Investment Banking Interviews

July 23rd, 2011

(1) Reason: mistakes, intelligent, well-researched questions at the end of the interview, ask to show that you are willing (and able) to understand the work.

What is the interviewer: “If the candidate does not have the required amount of preparation in a position to ask relevant questions about the position taken, so I think if I were him rent for the position, he will continue to be ill-prepared for future missions “.

How can I avoid it: Conduct extensive research on the industry, banks and post office. When framing your questions, the integration of the problem with the information you learned from your research to show what you currently understand some aspects of the business and then to ask questions that your willingness to learn about the show business. Consider a mixture of questions about the special role of location, its place in the organization and the organization as a whole. As the interview progresses, you’ll be ready, relevant questions that show you have researched the company and are interested in and committed to provide.
» Read more: Top 3 Reasons Why Good Candidates Fail Investment Banking Interviews

Investment Banking Analyst: Role and Responsibilities

July 20th, 2011

Investment banking analyst roles are in demand. As we stated in my article on Equity Research have seen career, career in investment banking and equity research is worthwhile if you plan well and have a long-term approach.

If you are a fresher or 1 year experience in a bank, you can for these positions in brokerage and investment banking boutique corporate apply. You must have a university degree or qualification (MBA, CFA, CFP, CPA) in business or management. You can, for positions in the field of M & A, are ace, and business analysis.

Use patterns vary by region, for example, a job in New Jersey investment banking business analyst position with the responsibilities of the project scope for the identification comes, you define a project schedule and workload monitoring and regular reporting to the promoters, back related problems. While, investment banking analyst for the New York-As have functions such as processing a lot of research and strategic business development, research and evaluation of health care companies, led by senior bankers who contribute to the development of information memoranda, management presentations, pitch books and marketing materials and make financial forecasts. While an investment banking analyst, M & A works in New York is a fixed global diversified financial services have to work: analytical, diligence and transactional support for training, restructuring, acquisition and new opportunities for commercial development of financial models, pitch book materials and research companies that help analyze data to advise our customers or potential transactions, potential business partners.
» Read more: Investment Banking Analyst: Role and Responsibilities