Investment banking in Germany for indians

Hi, i want your views as to how often Indians make it to investment banking in Germany? Is there really biasness towards germans no matter how skilled or german fluent an indian is?

I want to address this as I am coming to Germany this year for my master in Finance studies, and if I can’t make it to an BB or EB in Frankfurt because of the biasness then maybe there is no point for me to come in there. But I would still want your opinion on this matter before I base my judgement. Kindly weigh in this.

 

I guess you‘re going to WHU? If you have good prior experience and are really fluent in German it should not be a problem. If you are not fluent in German and do not have good internships in M&A, EB and especially BB is almost impossible. Note that EBs are a lot easier to get into than BBs. Evercore or Greenhill just don’t have the same reputation in Germany.

 
Most Helpful

I used to live in Frankfurt am Main. Frankfurt and Cologne have the highest percentage of Indians living in Germany (the rest are splattered across the nation). But please understand that this is no comparison to the traditional Indian diasporas abroad. South East Asians tend to migrate to English speaking countries, at least the majority does (US, CA, UK, AU, ..) and you will not run into another Indian person at every street corner in Frankfurt.

Management jobs, very generally speaking, are easier to land for native German speakers. It is a difficult language to learn, let alone to master and the culture is also very different from others. If you are from a good school and have decent experience within your area you should be able to land an interview depending on language skills. Networking is relevant, but not as much as in London or NYC (the market is smaller in Frankfurt). I have met Indians in IBD in Frankfurt, but they were all born and raised in Germany. I can not tell you what your odds are of making it, most Indian immigrants to Germany seem to focus on software engineering, healthcare or engineering areas (no source, sorry). The big IT outsourcing firms are also headquartered in or around Frankfurt. Some of my Indian friends are in Germany, so I can ask for any further details if required.

Frankfurt itself is very international but other parts of the country are not diverse at all. You won't be called any names in Frankfurt, just be careful not to hang out in the wrong cities in other parts of the country.

The former co-CEO of Deutsche Bank was an Indian guy, however he was based in NYC afaik.

National Suicide Prevention Lifeline  1-800-273-8255
 

sorry, should've been more clear on that one. I didn't mean Indians in that sentence. It was more general.
What I was trying to say was that Germany isn't "the typical immigration destination" due to various barriers, like language, culture, lifestyle, and more.

National Suicide Prevention Lifeline  1-800-273-8255
 

Nihil eligendi aut fugit dicta maiores. Perferendis tempora aut eveniet numquam est. Architecto fugiat repellendus excepturi ad eius dolore voluptatem aut. Doloribus illum doloremque sit praesentium inventore odio nostrum eaque. Et et magnam voluptatem adipisci blanditiis harum molestiae.

Dolor corrupti laborum fugiat qui quis. Repellat commodi aut at molestiae. Qui maiores neque dolore laborum voluptatem est. Minus suscipit ad possimus.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”