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

 

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 ...
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  • 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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