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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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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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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🌟 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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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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𝐄𝐦𝐛𝐫𝐚𝐜𝐢𝐧𝐠 𝐍𝐞𝐰 𝐇𝐨𝐫𝐢𝐳𝐨𝐧𝐬: 𝐌𝐲 𝐉𝐏𝐌𝐨𝐫𝐠𝐚𝐧 𝐂𝐡𝐚𝐬𝐞 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐁𝐚𝐧𝐤𝐢𝐧𝐠 𝐕𝐢𝐫𝐭𝐮𝐚𝐥 𝐄𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞 𝐉𝐨𝐮𝐫𝐧𝐞𝐲 😇🏦 As I reflect on my incredible journey through the JPMorgan Chase Commercial Banking (Chase Investment Banking) Virtual Experience, I am filled with a profound sense of accomplishment and excitement for the boundless opportunities that lie ahead. Over the past weeks, I wholeheartedly immersed myself in the world of investment banking, gaining invaluable insights and hands-on experience that have profoundly shaped my understanding of this dynamic industry.✅ That is, I completed the Investment Banking Virtual Experience Program internship from Forage, a platform renowned for its immersive learning opportunities in collaboration with industry leaders like 🎓 #𝐅𝐨𝐫𝐚𝐠𝐞𝐈𝐧𝐭𝐞𝐫𝐧𝐬𝐡𝐢𝐩: 𝐔𝐧𝐥𝐞𝐚𝐬𝐡𝐢𝐧𝐠 𝐭𝐡𝐞 𝐏𝐨𝐰𝐞𝐫 𝐨𝐟 𝐊𝐧𝐨𝐰𝐥𝐞𝐝𝐠𝐞 𝐚𝐧𝐝 𝐀𝐦𝐛𝐢𝐭𝐢𝐨𝐧 🎓✅ The program presented me with a series of intellectually stimulating challenges, pushing me to think critically, analyze complex financial scenarios, and provide investment recommendations. This fantastic opportunity allowed me to apply my knowledge, sharpen my problem-solving skills, and unleash my creativity in real-world situations, collaborating with like-minded individuals in a supportive team environment.✅ The experience has not only expanded my technical expertise but also provided me with a rare glimpse into the corporate culture and ethos of JPMorgan Chase. The guidance and unwavering support from the JPMorgan Chase Commercial Banking team and Forage have been invaluable, empowering me to thrive and flourish in this immersive virtual environment.✅ Moving forward, I am more driven and passionate than ever to pursue a transformative career in investment banking. The exposure to strategic M&A targets, in-depth financial analysis, and comprehensive valuation processes have ignited a profound sense of purpose within me—to be an integral part of impactful deals that drive growth and innovation in the dynamic world of finance.#JPMorganVirtualExperience #InvestmentBanking #FinanceInternship #CareerGrowth #BankingIndustry #FutureLeaders #NewOpportunities #InvestmentStrategies #EmbracingTheFuture #ThrivingInFinance #JPMorganChase #VirtualLearningExperience#ForageInternship"Explore new horizons with just one click - follow this link to discover exciting content and experiences!"https://lnkd.in/dizT-DTZ

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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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THIS WEEK'S 100 INVESTMENT BANKING INTERNSHIPS, CAREERS, TIPS AND MORE INCLUDING: EVERCORE, NOMURA, PNC 100 INVESTMENT BANKING INTERNSHIP/CAREERS WEBSITE TO APPLY:1. Evercore: https://lnkd.in/gcMJdhv92. Nomura: https://lnkd.in/gg3mPDyU3. PNC : https://lnkd.in/eFkVmUW4. Arlington Capital Advisors: https://lnkd.in/gnqJcKRH5. Needham & Co.: www.needhamco.com/careers/6. The Capital Corporation: jobs.capitalgroup.com/7. Focus Strategies Investment Banking: https://lnkd.in/gWRzTahd8. Valufinder Group: https://lnkd.in/gDPreNjN9. PCE Investment Bankers: https://lnkd.in/gKfijmWS10. Peakstone Group: https://lnkd.in/gd-necfa11.-100. See 90 more here: https://lnkd.in/gv3y4Mww100 IB CAREER TIPS:1. Prepare 10 min before and practice what would you say, if your are on the spot and VP/MD doesn’t show up2. Have client names and contact information readily available3. Send cheat sheet email to MD before the call if appropriate or even better if you have a cheat sheet so you could chime in4. Prepare before the call, know background, who will be on the call, what do they know5. Always announce yourself on calls, don’t hide, be visible6. Always be prepared to turn on video camera for Zoom meetings (typically you don’t need to when you have not speaking role, but if everyone else turns it on you have to do so. You don’t want to be the stalking person who is afraid to turn on the video because your hair looks messy, and you wear an orange T-shirt7. When in doubt turn on your video on a Zoom call. It is a way to build relationship with the client even if you don’t have a speaking role8. Know how to introduce yourself. Practice it with your VP. They won’t think this is odd9. Come up with small talk and phrases when joining the call early and you’re the only one from the bank10. Write down how other opened the call and finished the call (sentences that can help you when your VP is late from calls)11.-100. See 90 more here: https://lnkd.in/gPPY2Bc51,000+ MORE US INVESTMENT BANKS:WALL STREET CONNECTOR HELPS YOU TO FIND HIGH-PAYING INVESTMENT BANKING JOBS — No other website provides you a searchable list of 5,000+ investment banking contacts, 1,000+ US investment banks in 40+ states with website, internships and careers page, contact email address, address of each office location, phone number and more. Use promo code WSCARTICLE20 to get 20% off:https://lnkd.in/dv84ppgY#investmentbanking #investmentbanks #investmentbank #investmentbanker #investmentbank #financecareers #financecareer #wallstreetintern

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THIS WEEK'S 100 INVESTMENT BANKING INTERNSHIPS, CAREERS, TIPS AND MORE INCLUDING: EVERCORE, NOMURA, PNC 100 INVESTMENT BANKING INTERNSHIP/CAREERS WEBSITE TO APPLY:1. Evercore: https://lnkd.in/gcMJdhv92. Nomura: https://lnkd.in/gg3mPDyU3. PNC : https://lnkd.in/eFkVmUW4. Arlington Capital Advisors: https://lnkd.in/gnqJcKRH5. Needham & Co.: www.needhamco.com/careers/6. The Capital Corporation: jobs.capitalgroup.com/7. Focus Strategies Investment Banking: https://lnkd.in/gWRzTahd8. Valufinder Group: https://lnkd.in/gDPreNjN9. Griffin Securities: https://lnkd.in/gzsRZzQU10. Balmoral Advisors: https://lnkd.in/gxSypJXh11.-100. See 90 more here: https://lnkd.in/gv3y4Mww100 IB CAREER TIPS:1. Prepare 10 min before and practice what would you say, if your are on the spot and VP/MD doesn’t show up2. Have client names and contact information readily available3. Send cheat sheet email to MD before the call if appropriate or even better if you have a cheat sheet so you could chime in4. Prepare before the call, know background, who will be on the call, what do they know5. Always announce yourself on calls, don’t hide, be visible6. Always be prepared to turn on video camera for Zoom meetings (typically you don’t need to when you have not speaking role, but if everyone else turns it on you have to do so. You don’t want to be the stalking person who is afraid to turn on the video because your hair looks messy, and you wear an orange T-shirt7. When in doubt turn on your video on a Zoom call. It is a way to build relationship with the client even if you don’t have a speaking role8. Know how to introduce yourself. Practice it with your VP. They won’t think this is odd9. Come up with small talk and phrases when joining the call early and you’re the only one from the bank10. Write down how other opened the call and finished the call (sentences that can help you when your VP is late from calls)11.-100. See 90 more here: https://lnkd.in/gPPY2Bc51,000+ MORE US INVESTMENT BANKS:WALL STREET CONNECTOR HELPS YOU TO FIND HIGH-PAYING INVESTMENT BANKING JOBS — No other website provides you a searchable list of 5,000+ investment banking contacts, 1,000+ US investment banks in 40+ states with website, internships and careers page, contact email address, address of each office location, phone number and more. Use promo code WSCARTICLE20 to get 20% off:https://lnkd.in/dv84ppgY#investmentbanking #investmentbanks #investmentbank #investmentbanker #investmentbank #financecareers #financecareer #wallstreetintern

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