How competitive are investment banking internships?

Investment banking internships are competitive, but don’t let the competition put you off - there are things you can do to boost your chances of securing an investment banking internship, like doing plenty of research on the companies you’re applying to, practising ahead of your interview, heading to any relevant events and connecting with investment banking professionals on LinkedIn.

How do you get an investment banking internship?

If you’re interested in doing an investment banking internship, you’ll want to do a bit of research to figure out which ones you’d like to apply for. You’ll usually need to submit an online application for the internship you’re interested in - you can do this through targetjobs. If your application is moved to the next stage, you’ll be invited for an interview with a member of the organisation, and depending on the company, you may be given a task to complete and discuss during the next interview. There are some things you can do to improve your chances of being accepted onto an investment banking internship: Research the companies you’re applying for to get clear on why you want to work with them Practise for the interview using the most commonly asked interview questions for that sector/role

How do I prepare for an investment banking internship interview?

If you’re invited to an interview for an investment banking internship, you’ll want to make sure you’re well prepared ahead of the interview. Prepare for an investment banking internship interview by: Researching the company and role to get clear on what it is they’re looking for Practicing common investment banking interview questions – you can use our interviews and assessment centre hub to help you practice Preparing the bits that aren’t related to the questions like planning your outfit and your journey to the interview (if it’s an online interview, test the device you plan to use to make sure it works)

When should I apply for investment banking internships?

The deadline for investment banking internships will differ from company to company, but they usually open internship applications between May and June and stop taking applications between October and November. Some companies have rolling deadlines for internships, so your best bet is to check on the individual job listing, and apply as early as possible to avoid missing out.

When do investment banking internships close?

There’s no hard deadline for internships that all investment banking firms follow. Some investment banking internships stop taking applications between October and November, and successful applicants will begin the internship the following summer. Some firms close their applications in January, and some have rolling deadlines, so it’s best to have a look at the individual job listing to check their deadline.