So many qualified applicants for so little jobs?
Just come off a post made 4 years ago saying the LSE basically guarantees any front office job if you are studying a non-joke subject (Finance/Accounting/Econ/Maths/Data Science or one of those as a dual degree) and put in the effort.
Looking around LinkedIn, it seems that there are 100s if not 1000s of LSE students with strong backgrounds looking to break into (mainly) IB. This doesn't even account for the other targets in the UK, let alone the semi-targets, let alone the whole of Europe.
Do these students have a solid chance, or is it mainly down to luck seeing which qualified applicant gets the role? I know finance is big, but EVERYBODY seems to be an 'Aspiring Banker' now.
And from a student POV, is it basically just apply for everything and take what you are given, or do you actually have the opportunity to 'choose' which area you want to work in?
It's true that there are many qualified applicants vying for a limited number of roles in investment banking, especially from prestigious institutions like LSE. However, it's not just about luck. Here are a few things to consider:
Networking: It's crucial to build relationships within the industry. This can help you stand out from the crowd and potentially lead to opportunities that aren't widely advertised.
Experience: Having relevant internships or work experience can give you an edge. It shows that you're not only interested in the field, but also have some practical knowledge and skills.
Resilience: The recruitment process can be tough and rejections are common. It's important to stay resilient, learn from each experience and keep trying.
Specialization: While it's good to keep an open mind and apply broadly, having a clear idea of the area you want to work in can be beneficial. It allows you to tailor your applications and interview responses more effectively.
Remember, everyone's journey is unique. Some may land a role straight away, while others may take a more winding path. The key is to stay focused, keep learning and never give up.
Sources: International Student - Chance of getting an IBD internship in London?, European Master in Finance programmes (pre-experience), Resilience in the face of rejection, Intro to Investment Banking
Aspernatur enim recusandae nemo in dolore et ipsam. Voluptate est ea voluptatem voluptas corporis magni quibusdam. Minima dolores numquam deserunt consequuntur blanditiis assumenda enim. Laboriosam odit iure distinctio eos laborum distinctio adipisci.
Nulla quo consequatur ratione non dolor. Veritatis aut facilis et quibusdam sed ratione et. Qui eum aut et modi et quas sequi. Sapiente nihil enim laborum ut quis cupiditate aliquam.
Ullam ratione in illo ut ipsum quo magni. Vitae laborum dolorum quia deserunt commodi magni molestias itaque. Sed officia sed consequatur. Exercitationem molestiae accusantium sint est quo magnam aspernatur. Molestiae vero aut laboriosam accusantium architecto.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...