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Investment Banking-Industrial Placements

WHAT’S IN IT FOR YOU?

SIB’s 12 month Industrial Placements Program is absolutely FREE for you. In addition, it offers you the opportunity to:

  • Earn GBP 22k (2k*11)
  • Gain exceptional work experience in Investment Banking/Corporate Finance
  • Get a foot in the door and put yourself leaps and bounds ahead of your peers

CANDIDATE PROFILE

Prior knowledge in finance is NOT essential to join SIB. Interested candidates can come from a range of academic backgrounds and will typically:
Be either recent graduates or penultimate year students at a top tier university
Have an exceptional academic track record
Penultimate year students should obtain requisite permissions from respective academic departments in order to participate in SIB’s 12 month Industrial Placements Program

HOW DOES IT WORK?

STEP 1

Candidates will go through SIB’s training program in month 1 where they will pick up core skills related to Investment Banking. These skills cover:

  • Accounting & Financial Statement Analysis
  • Company Valuation (Trading Comparables, Transaction Comparables & DCF)
  • Financial Modeling
  • Research & Presentation Skills

STEP 2

  • Candidates will begin their industrial placement with recruiters in month 2 and will be expected to work there till month 12
  • During this period candidates will earn GBP 2k per month (gross)
  • Please note that there is no compensation during month 1 which is for training

STEP 3

At the end of month 12 :

  • Candidates may receive an offer from the recruiter to join them full time upon graduation

TIMELINE

  • Admission to the program closes by 15 Dec 2017. Candidates will be required to visit London to interview with SIB
  • SIB will endeavour to complete matching with recruiters by 31 March 2018.
  • Recruiter interviews will take place in Feb and March 2018. During this time, candidates will have to visit London for in person interviews with recruiters

MINIMUM REQUIREMENTS

  • Strong A Levels; Expected 2:1 at university
  • Ability to commit to this Program for 12 months (all or nothing)
  • Work rights -> British or EU passport holders
  • Foreign languages (helpful)
  • Excellent communication skills
  • Genuine interest in the finance industry
  • Attention to detail
  • Good analytical skills
  • Initiative and maturity

FEE

This program is absolutely free for candidates

WORK EXPERIENCE

Candidates will be typically placed as an intern in Corporate Finance or Investment Banking. These are highly analytical jobs and day to day tasks revolve around:

  • Basic research, fundamental analysis, company valuation, financial modeling and number crunching, report writing, preparation of pitch books etc
  • A career in these job profiles is both intellectually stimulating and financially rewarding

Remember to mention TARGETjobs when contacting employers!

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