The Complete Investment Banking Recruiting

Investment Banking: A step-by-step guide for breaking into the industry

Last updated 2022-01-10 | 4.6

- How to recruit for an investment bank
- Common investment banking interview questions
- Understand the main investment banking divisions

What you'll learn

How to recruit for an investment bank
Common investment banking interview questions
Understand the main investment banking divisions
What is an investment bank
Cover Letter building for finance
Resume building for finance
Network using LinkedIn
Understand of the 3 main valuation methods
Apply a discounted cash flow (DCF) valuation
Apply a multiples based valuation
Understand Enterprise Value and Equity Value
Understand how the 3 financial statements connect
Calculate how changes in depreciation affect the financial statements
Calculate a company’s cost of equity and WACC
Calculate how changes in inventory affect the financial statements
Calculate Free Cash Flow
What the interview process is like for investment banking
Other viable alternatives to investment banking

* Requirements

* Basic knowledge of financial accounting and finance

Description

  • How to recruit for an investment bank
  • Common investment banking interview questions
  • Understand the main investment banking divisions
  • What is an investment bank
  • Cover Letter building for finance
  • Resume building for finance
  • Network using LinkedIn
  • Understand of the 3 main valuation methods
  • Apply a discounted cash flow (DCF) valuation
  • Apply a multiples based valuation
  • Understand Enterprise Value and Equity Value
  • Understand how the 3 financial statements connect
  • Calculate how changes in depreciation affect the financial statements
  • Calculate a company’s cost of equity and WACC
  • Calculate how changes in inventory affect the financial statements
  • Calculate Free Cash Flow
  • What the interview process is like for investment banking
  • Other viable alternatives to investment banking

Course content

9 sections • 41 lectures

Overview of the course Preview 02:07

Course Glossary Preview 00:03

This is a document with a list of key concepts and definitions for this course.

What is an Investment Bank Preview 06:14

In this lecture, we'll go over what an investment bank is, the different types there are, and the main divisions.

OPTIONAL: Investment Bank vs. Commercial Bank differences (from my YT Channel) Preview 09:16

Capital Markets Division Preview 03:52

Investment Banking Division Preview 02:17

Sales & Trading Division Preview 00:51

Asset Management Division Preview 01:11

Investment Bank Basics

This quiz will test your knowledge of Lecture 2

Universities, Majors, Clubs and Grades Preview 05:36

Universities, Majors, Clubs and Grades

Short quiz on the Lecture 4 concepts

Insight & Diversity Programs Preview 02:45

Relevant Work Experience Preview 01:31

Courses & Certificates Preview 02:15

Recruiting Timeline and Investment Banking Hierarchy Preview 02:41

Application Strategies & Networking Preview 04:26

OPTIONAL: More on networking for Investment Banking (from my YT Channel) Preview 09:30

Resume / CV Overview & Template Preview 05:22

OPTIONAL: My Goldman Sachs Resume (from my YT Channel) Preview 12:34

Cover Letter Overview & Template Preview 03:35

OPTIONAL: My Successful Cover Letter (from my YT Channel) Preview 08:37

Application Prep

Short quiz on the application process.

Digital Interview and Behavioral Questions Preview 05:53

OPTIONAL: Ace Your Goldman Sachs Hirevue (from my YT Channel) Preview 10:21

Financial Accounting Questions Preview 06:17

Corporate Finance I Preview 06:27

Corporate Finance II Preview 05:04

Discounted Cash Flow (DCF) Steps Preview 00:06

Corporate Finance III Preview 04:32

Technical Questions

This quiz will test your understanding of the financial accounting and corporate finance concepts.

Cheat Sheet for Technical Interviews Preview 00:03

Attached is a cheat sheet for technical interviews (accounting & finance)

Brainteasers Preview 06:53

Brainteasers

This will test your understanding of brainteasers

Final Round Interview Preview 02:21

Final Round Case Study Overview (EMEA only) Preview 03:33

Compilation of Investment Banking Interview Questions Preview 00:04

Attached is a list of common investment banking questions for you to practice, categorized as behavioral, technical (accounting & finance), and brainteasers:

Hear from successful Europe-based candidates Preview 13:45

Vuk Vegezzi worked at Deutsche Bank, a leading European investment bank as a Summer Analyst in their London Office, after which he received an offer to return full-time. Previously, he participated in their Spring Insight Week, where he was fast-tracked to the Summer Analyst program.

Hear from successful US-based candidates Preview 12:05

Enrico Canazart worked at Bank of America Merrill Lynch, a leading US investment bank as a Sophomore Summer Analyst and a Junior Summer Analyst in their NYC Office, after which he received an offer to return full-time. Following graduation, he went to Centerview Partners, an elite boutique investment bank in their San Francisco Office. He has since transitioned into the Buy Side.

Congratulations! Preview 00:52

Additional Resources Preview 00:05

Attached is a compilation of useful resources for investment banking recruiting.