Why do banks hire History/Geography/Political Science graduates in IB

Disclaimer: I am looking for somebody in the inside who has an answer, I am not complaining or arguing about this topic. Hey everyone I noticed recently that especially in London, lots of SA positions and 1st year analysts are full with graduates with majors not directly related to finance (perhaps I am not seeing the bigger picture). What is the reason behind this hiring practice aside from possible clients these persons could bring (which other business/economics students from same unis have access to) Do banks really think that they can teach this people all the economics/finance/accounting knowledge that is required to succeed in this industry? (please correct me if I am wrong) In which division do these profiles end up? Only FIG? Or do they go into CM and Deals? knowledge in knowledge that c

4 Comments
 

banks logic:

28yo penultimate year history major with 0 ib work exp: damn baby whats good come here

23yo with bachelors and masters in fin from target, recent graduate, a few internships: GTFO YOU OLD MFKR

PierreVon
 

Aut aperiam aliquid omnis. Et nisi aut dolore omnis quos ducimus ut. Magni vel qui quis illum autem. Aut facilis ipsam consequatur vel. Natus ad labore deserunt vel rerum. Nesciunt odio vel alias ullam dignissimos velit. Quidem ex iure quasi eum.

Eum sit ipsam adipisci aut cumque doloribus molestias soluta. Maxime numquam cumque non similique.

Sit omnis impedit dolore quidem voluptatem similique. Dolorem sed veniam corporis molestiae numquam dignissimos. Vel ad id accusamus quia. Ab ea aut veritatis in numquam natus exercitationem. Placeat sit ea magni et repellendus.

Laudantium quae et corrupti sapiente. Delectus recusandae iure at. Nulla itaque aperiam illum magni in. Magnam sint quibusdam eum in. Suscipit omnis at sunt error explicabo.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (56) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
GameTheory's picture
GameTheory
98.9
7
DrApeman's picture
DrApeman
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
98.9
10
numi's picture
numi
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...”