Wednesday, 3 February 2010

VIDEO: The Deutsche Bank Unofficial Guide to Investment Banking

This video is a light hearted but insightful snapshot of what it is like to work for a global investment bank, in this case Deutsche Bank. None of The Banker's Blog's team have worked for DB but from the IBs we have worked for, and our friends at DB itself, we can testify that this video is certainly indicative of what you would expect from joining a global IB in general. We can relate to the characters they have interviewed, and testify that such characters do exist in the industry. The video gives a fair reflection of the international nature of global IBs, with interviews of people working in the London and New York offices.

DB also release a written pamphlet called the Unofficial Guide to Investment Banking, which is available at university open evenings held by DB at their offices... We would recommend sourcing a copy if you can, as if you have zero knowledge or background in investment banking, but are interested in entering the field, it is hands down the best piece of literature provided by any of the bulge bracket investment banks for graduates to learn from.

Clear and concise, it provides explanations of each functional area and will undoubtedly help you to decide which area you feel you will be best suited to. Finally, you can use it to provide answers to your first round interviews. For instance, to questions such as, "Why do you want to work in investment banking / sales / trading / etc" - Simply memorise the reasons they provide, and support them with your own examples to validate your claims.

No comments: