UK M&A/IBD what qualifications?

Based on the most helpful WSO content, in the UK M&A/IBD space, the qualifications and exams required in the first 1-2 years can vary depending on the bank and its tier. Here's a breakdown:

1. CISI (Chartered Institute for Securities & Investment):

   • This is the most common qualification in the UK for M&A/IBD professionals.
   • Many banks require the CISI Corporate Finance Fundamentals as a starting point.
   • Some may also ask for additional CISI modules depending on the role and focus.

2. Series 7:

   • This is more common in the US but may occasionally be required for UK professionals working in firms with significant US operations or cross-border deals.

3. Bank Tier Examples:

   • MM/UMM M&A: Typically require CISI qualifications, such as Corporate Finance Fundamentals.
   • Elite Boutiques (e.g., EVR): Often require CISI Corporate Finance Fundamentals as well, as mentioned in your example.

If you're preparing for a role in UK M&A/IBD, focusing on CISI qualifications would be a safe and relevant choice.

Sources: https://www.wallstreetoasis.com/forum/investment-banking/investment-banking-in-the-uk-an-overview?customgpt=1, Investment Banking in the UK - An Overview, International Student - Chance of getting an IBD internship in London?, Q&A: London BB IBD to top 3 PE, A Guide for Switching From Commercial Banking to Investment Banking