How can I find work experience in Investment banking in London?
To find work experience in investment banking in London, you can consider the following avenues and opportunities:
Internship Programs
Several banks and financial institutions offer summer internship programs that provide valuable work experience in investment banking.
- Berenberg: Offers two summer internship programs in London: the European Equities Summer Internship Programme and the Investment Banking UK Summer Internship Programme. These programs involve hands-on experience, intensive training, and the opportunity to work on live projects1.
- HSBC: Provides an Investment Banking Internship where you can work on live projects, assist in transactions, and gain experience in corporate, financial, and public-sector client dealings3.
- BNY Mellon: Offers a Summer Internship Program in Investment Management, which includes an enterprise-led orientation program, executive speaker series, and virtual training curriculum5.
Job Boards and Career Websites
Utilize job boards and career websites to search for internship and work experience opportunities.
- Indeed: Features numerous listings for investment banking internships and work experience roles in London. You can filter by job type, location, and other criteria to find suitable opportunities45.
Networking
While some argue that networking may not be as effective in London's impersonal recruitment process, attending structured networking events hosted by banks can still be beneficial.
- Structured Networking Events: Banks often host these events, which can provide opportunities to meet professionals in the field and gain insights into the industry2.
Apprenticeships and Entry-Level Programs
Consider apprenticeships or entry-level programs that can lead to roles in investment banking.
- UBS: Offers apprenticeships in Investment Banking Administration and Operations, which involve learning about the products and processes of the bank4.
Application Requirements
Ensure you meet the eligibility criteria for these programs, which often include:
- Being in the penultimate year of your studies
- Having a strong academic record
- Fluency in English and sometimes additional languages
- Full rights to work in the UK
- Relevant skills such as financial modeling, presentation skills, and analytical abilities13.
Company Websites
Check the career sections of major investment banks and financial institutions for available internships and work experience opportunities.
- Many banks, including Berenberg, HSBC, and others, list their internship programs directly on their career websites13.
By exploring these options, you can increase your chances of securing valuable work experience in investment banking in London.