Engineer to IB Interview
I am an engineer with a top O&G company with an interview with a top EB bank. No finance exp, advice?
Trending Content - Investment Banking Forum
| +427 | Don’t work at UBS - UBS Sucks | 37 | 15h |
| +327 | Article - UBS’ Investment Bank Keeps Losing Ground | 41 | 3d |
| +151 | Should My Intern Get a Return Offer? | 50 | 14s |
| +61 | When to Leave Office as Intern | 8 | 5d |
| +60 | Best IB Group Overall? | 35 | 3h |
| +54 | F*ck it I'm Going to Med School | 19 | 9h |
| +39 | Would you rather be a Touse Squid or a Bouse Mogger in IB | 2 | 4d |
| +37 | What do you say to ppl who don’t know EVR/LAZ/CVP/PJT | 29 | 7h |
| +31 | STEM student lost in London IB recruiting | 17 | 3d |
| +27 | [HELP REQUESTED]: Take A2A Promo or Go Corp Dev | 12 | 2h |
Career Resources
I know a few engineers that have made this switch to high-level finance positions (IB, hedge funds, PE) and the common consensus that I got from the group was that back story matters more than anything. Of course you need to know the basics of finance (3 valuation methodologies, accounting rules, etc.) but it really comes down to your reasoning for "why banking?" and "why the switch?"
My impression is that these firms know that engineers are smart and can pick up basic financial knowledge quickly but you never know.
\
Why are you taking the interview if you’re concerned about the hours?
Is this for an A&D role and, if so, would you be on the technical side or finance side? Tons of people in A&D have reservoir engineering or related backgrounds, so your situation is not uncommon.
So if it's a technical position, you'll be fine. If it's finance within the A&D practice, read up on how to value E&Ps - it's generally a bit different than normal companies - and use your technical background to your advantage in articulating value drivers for E&Ps.
If it's just general O&G IB that can span services and midstream too, I'd read up on the MLP structure (and about the tons of simplification transactions happening recently) and the various segments of services. And valuation methodologies for all of the above.
Sunt quos corrupti repellendus sunt dolores odit. Exercitationem velit et quibusdam velit optio fugiat optio aperiam. Rerum placeat omnis est fugit officiis voluptatibus corporis. Facilis autem sit esse similique impedit ducimus corrupti laborum. Iusto voluptas architecto minima.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...