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
| +173 | Evercore > Goldman and I don’t think it’s particularly close anymore | 63 | 2h |
| +156 | Article: Why UBS's Asian M&A bankers are thriving and UBS's American M&A bankers are not | 17 | 19h |
| +125 | I am a drunk MD AMA | 40 | 1d |
| +87 | UBS Offer Day | 30 | 1d |
| +75 | Santander IB? | 10 | 3d |
| +71 | I hate Wells Fargo | 19 | 20h |
| +51 | No return offer - feeling like a failure is an understatement | 20 | 15h |
| +50 | Think Twice before Recruiting for HOUSTON IB!! | 18 | 3h |
| +48 | How cooked am I as an incoming WF IB SA 2027? | 17 | 12h |
| +46 | WF Return offers | 28 | 2d |
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.
Dolorem molestiae eum ut aut quas unde. Ratione optio cum officia aut ducimus unde sit. Ut odio ea nostrum. Nihil ut quasi et vel ratione. Sed maiores soluta quidem esse officiis consequatur fugiat. Et a rem est animi qui. Eveniet ut quaerat est labore officiis.
Maiores aut quo necessitatibus nihil ea ut. Ut autem omnis accusamus quaerat rerum minus aliquam temporibus. Enim non ipsam commodi perferendis rerum enim ratione.
Enim exercitationem ut ullam delectus quis. Vitae dolorem excepturi ut quaerat. Earum voluptatem qui eum. Temporibus accusantium repudiandae numquam. Magnam eligendi est sed molestiae ex cupiditate libero veritatis.
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...