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.
I am going to WHU. How did you figure? Also does the above same for Indians as well or do we have to go an extra mile to get into IB?
It is one of the target schools in Germany.
Quite a large proportion of WHU‘s master classes is comprised of Indians
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.
Great write up but India is South Asia, not Southeast.
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.
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