UK IBD M&A 12-month intern tips

Dear all,

I have received an offer for a 12-month IBD M&A internship in London; I will complete this between the 2nd and 3rd year of my degree as a placement year.

I have no experience in finance and I study an unrelated subject (Chemistry). I learnt about M&A through reading online, but I have very weak excel skills and no knowledge on how to do valuation, accounting, VBA, etc.

What core skills would the bank expect me to have? Should I complete the Financial Modelling courses/Corporate finance courses offered by universities/WSO? As this website is mainly focused on USA, it seems the incoming interns have a much better grasp of what to expect. Here in the UK, my friends joining banks for spring/summer placements have little to no knowledge on what pre-requisites we require. Is there any guidelines to help me secure a full-time position?

Cheers

Hippie

2 Comments
 

Hi thehipsterwannabe, check out these links:

  • 9-12 month internships in NY in New York from the start of June and I can work for 12 months starting 15th June. I don't have ... a year during college. Does anyone know of any relevant firms which hire for periods of 9-12 months or do ... there. I could work in an entry level job. What firm would want someone restricted to a 12 month Visa ...
  • MBA: LBS (15-months), Kellogg (1 Year), HKUST (12-months) vs. Booth/Kellogg (Part-time) Hello Everyone, I am currently a Senior Corp Dev Analyst for a European-based information ... services/software company located in Chicago. I have gotten some good international deal exposure (from Latin ...
  • will my team still be there in 12 months? worry that the bulk of your team could have changed in the intervening 12 months? In an industry where ... pick your place of employment for the next year based on a summer's experience, when the people ...
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  • Advice Needed- Hoping to break into IB in around 12 months I would like to get into I-Banking about 12 months from now, and was wondering what I could do in ... full time offer from anyone. I took a job at a small, small bank as a financial analyst. Only good ...
  • New Case Webinars in WSO Investment Banking Interview Prep Pack snapshot of just a few investment banking webinars that have been added in the last 12 months. Of course ... Over the last 12 months, we have made a big effort to improve our investment banking interview ... industry players are, and how to be a rock-star analyst in this banking division. 6. MM IBD Capital ...
  • Getting Screwed Out of My 12 Month Bonus are suppose to recieve a 12 month and 18 month bonus for our preformance, although in the contract it ... a wierd situation. According to what was told to me in the course of my interviews and other employees, we ...
  • More suggestions...

Fingers crossed that one of those helps you.

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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