London IB recruiting Dutch student: seeking advice on 'London Banking Tour'

Hello everyone!

I am a Dutch student who will be participating in the London Banking Tour in September. For those who don't know, during the LBT 26 Dutch students get to know about 11 investment banks (including JPM, MS, DB, GS, CITI, BAML) and learn about what they do. In the past 20 years, 90% of the participating students has been offered an internship or job thanks to the LBT. It is therefore a special opportunity to break through in London as an investment banker having a Dutch background.

I was wondering if there are any (Dutch) investment bankers on WSO who might be able to tell me more about what kind of cases I can expect during the LBT. Also non-Dutch investment bankers might be able to share their group case experiences they have experienced at investment banks (Bond Trading game, IPO or M&A simulation etc). 

Thanks in advance for the answers!

WSO Elite Modeling Package

  • 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
  • Elite instructors from top BB investment banks and private equity megafunds
  • Includes Company DB + Video Library Access (1 year)

Comments (5)

Most Helpful
Aug 21, 2021 - 11:14am

Hey champ, 

I got some experience with this, didn't participate in the LBT, but another tour and am currently working in LDN.

You should definitely ask these questions to former participants of LBT, the tour organisers, and think about your in-house day and workshop experiences.
LBT is very much geared toward M&A and capital markets, but I have heard of people getting an offer for Markets, too. 

In terms of cases you can expect group projects:
* Make an IPO deck with some simple modelling and presenting it + negotiation vs another team of participants. 

* Fill in an LBO excel sheet while having specific interview rounds with role-playing employees + presenting and negotiation.

* An unrelated to M&A case such as risk management and then still presenting for employees of the bank. 

If it's like a PE taking over a company, a good thing to try to negotiate is conditional management compensation related to the deal value. 

They are looking at how capable you are, can you work together, can you work with information overload, are you quick on your feet, can you discuss/negotiate with other teams.

If you're in London, also have a good time with the other participants and party a lot, you can do these cases slightly hungover. Because most of the participants will also work in these banks in a few years :)

lmk,if you have more questions.

  • Analyst 2 in IB - Gen
Sep 15, 2021 - 7:33pm

Ut voluptatem exercitationem ullam. Consectetur atque officia aut ratione repudiandae. Qui veritatis ut unde non mollitia. Quia placeat qui quia omnis voluptatibus repellendus. Non qui suscipit dolorem consequuntur occaecati omnis. Et voluptas quas sed fugit.

Start Discussion

Total Avg Compensation

October 2021 Investment Banking

  • Director/MD (10) $853
  • Vice President (39) $363
  • Associates (228) $232
  • 2nd Year Analyst (137) $154
  • 3rd+ Year Analyst (30) $147
  • Intern/Summer Associate (103) $143
  • 1st Year Analyst (499) $135
  • Intern/Summer Analyst (383) $83