PLEASE HELP ME BEST ANSWER THIS FOR AN INTERNSHIP
Hi everyone, I am a non-business major and am applying for an IB internship and was asked this:
To apply for this position: - Share an example of what you believe would be an ideal company/client for "name of investment bank" to consider. - Do your research about investment banks and business development to make an informed recommendation. Has to be 200 words or less.
I am new to all of this and wanted to ask how do I best answer this to enhance my candidacy? - Thank you!
If you can't answer the question to get an interview, what makes you think you're gonna get past multiple rounds of interviews?
Think about the products an IB offers, think about what companies need a lot of those products, then find a company in the industry, geography, and EBITDA range that your specific IB targets.
I hear Archegos is a solid client.
I would say either Archegos or Melvin Capital. Both solid funds with a great outlook
Think about sectors they focus on, size of deals, geographic precense (how strong is this bank in Europe for instance?), products the bank is particulary strong etc. Look for past deals they worked on (M&A, bonds, equity).
Would probably go for a listed company that does many acquisitions and divestments (but still a corporate within their focus sector), multionational with many currencies, etc. > equity issuances, bond inssuances, bank debt, M&A advisory, treasury stuff etc. Best would be if you could find a company where they don't do business with yet (and you indicating which banks they compete with).
lol is this for an unpaid gig?
Lol my advice is don’t do it bro this sounds like the stuff searchfunds make you do before you apply for an unpaid role. Never seen this done at a real bank or respected institution.
Odio tempore facilis maiores modi atque voluptates culpa. Animi et inventore doloremque ut et sequi. In rerum omnis architecto ut. Fuga atque est tempora doloribus aperiam est.
Sunt aut mollitia ea optio voluptas. Dolorem ut perferendis necessitatibus voluptates commodi error. Autem nesciunt blanditiis aliquam nam placeat alias ipsa esse. Maiores doloribus rerum sequi. Repellat tempora autem tempore cumque distinctio aut neque autem.
Tempore recusandae totam sit placeat. Sed accusantium nostrum dolores quo. Esse quia natus distinctio non illo ipsam sequi autem.
Repellat perspiciatis praesentium mollitia esse. Quia excepturi dolores voluptates aut. Harum dolores in sed eaque assumenda eum corrupti.
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...