Got a 2:2 in uni degree now aca qualified with big 4 coporate finance & recovery, taking level 2 CFA
Is it possible to make the transition into an IB role, either internationally or within the UK? I have 3 years experience, would i go in as an experienced hire?
Asked by Irish23
Posted in Switching Sectors and Investment Banking / M & A
05 Sep 2008
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UK


Investment banks are highly unlikely to give you full credit for your 3 years work. More likely you’ll get credit for 1 year and if you are lucky 2 years. Investment banks are still going to see the 2:2 on your CV and until you have either another strong qualification or some tangible experience to negate this, it is going to be tough to get in at all. You might be better off staying in your current job for a couple more years until you can really sell yourself as an expert in something. Try to approach business people rather than the HR department (or write a stellar cover letter) as otherwise HR could just immediately screen you out because of the 2:2. The job market outside the UK is also going through difficulties now. Do you speak a useful language? Have you worked in an industry or project that has relevance? If so, you could be able to sell yourself that way outside of the UK and get more credit for the work you have already done.
former MD at a major US investment bank 05 Sep 2008
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