How to Start a Career in Investment Banking After Graduation
- finsckool
- 4 days ago
- 2 min read
Investment banking is one of the most sought-after and competitive career paths in finance. Known for its high pay, fast-paced environment, and steep learning curve, this field attracts ambitious graduates from top universities across the world. But how can you break into investment banking right after graduation—especially without prior experience?
Here’s a step-by-step guide to help you launch your investment banking career post-graduation.
1. Understand What Investment Bankers Do
Before diving in, it's essential to understand the role. Investment bankers help companies raise capital, advise on mergers and acquisitions (M&A), and facilitate financial transactions. Roles are typically divided into:
Analysts (entry-level)
Associates (MBA or promoted analysts)
Vice Presidents and above
As a graduate, you’ll likely start as an analyst, working on pitch books, financial models, market research, and supporting senior bankers in deal execution.
2. Build a Strong Foundation in Finance
Even if you didn’t major in finance, you can still succeed—provided you learn the core concepts:
Accounting fundamentals
Corporate finance
Financial modeling and valuation (DCF, comparable comps, LBOs)
Online courses and certifications (like CFA Level 1 or specialized investment banking programs) can give you a competitive edge.
3. Gain Relevant Experience
If you’ve already graduated, gaining experience through the following can boost your profile:
Internships (even post-grad)
Part-time roles in corporate finance or private equity
Freelance modeling projects
Student investment clubs or case competitions (if still accessible)
Don’t underestimate the value of real, project-based experience, even if it's unpaid.
4. Craft a Compelling Resume and Cover Letter
Recruiters spend seconds scanning your resume. Tailor it specifically to investment banking roles by focusing on:
Quantifiable results (e.g., “Built 3-statement model for $50M acquisition scenario”)
Leadership, teamwork, and analytical experience
Clean formatting (1 page, reverse-chronological, consistent)
5. Learn to Network Effectively
Networking is often more important than applying blindly online. Use LinkedIn and alumni networks to:
Connect with analysts and associates
Request informational interviews
Ask smart, specific questions
Follow up professionally
Most IB jobs are filled through referrals, so building relationships is key.
6. Prepare for Technical and Behavioral Interviews
Investment banking interviews are intense. You’ll face:
Behavioral questions ("Why IB?", "Tell me about a time you led a team")
Technical questions (accounting, valuation, market trends)
Case studies or modeling assessments
Use guides like the Vault Guide to Finance Interviews or M&I (Mergers & Inquisitions) resources to practice.
7. Apply Strategically
Focus on entry-level analyst roles at:
Bulge bracket banks (e.g., Goldman Sachs, JPMorgan)
Boutique investment banks (e.g., Evercore, Houlihan Lokey)
Regional and mid-market firms
Don’t overlook smaller firms—they often offer better exposure and faster advancement.
8. Consider a Specialized Course or Certification
If you’re struggling to get traction, a structured investment banking course can fast-track your entry. Look for programs that teach:
Real-world modeling
Deal structuring
Resume/interview preparation
Access to job placement support
Courses like those offered by Finsckool are designed to bridge the gap between graduation and job readiness.
Final Thoughts
Breaking into investment banking after graduation isn’t easy—but it’s absolutely doable with the right strategy. Learn the technical skills, get experience however you can, and focus relentlessly on networking and preparation. Your degree is just the starting point—what you do next is what really counts.
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