A D V E R T I S E M E N T
Are you considering a career in investment banking? If that is the case, you will want to know that it is a highly competitive career option and one moves fast and ring about a lot of stress. However, this ferociously competitive field is also highly rewarding but demands a lot of commitment and focus from an individual. It is a kind of job where work never really stops and you need to be mentally and physically fit to handle the long hours it entails.
What is good about this career that there are always jobs for investment bankers though it is worth mentioning that in times of an economic boom, eve more jobs will be available while as lean years mean less investment banking jobs. If after everything you still believe this is the career path for you and is something you will excel in, read on below for some tips on how you can build a killer resume.
By writing a killer resume, you increase your chances of landing a job in an occupation that promises to be highly lucrative. You need to make sure you are able to present all the key qualities and skills needed for the job and it also helps if you have a recommendation from an influential someone since this will act as your trump card.
Building an Effective Investment Banking Resume
The first thing you want to do is look for a format to follow when building your resume and while there is no perfect format or perfect content for an investment banking resume, there are some ways that you can optimize a format and the content of your resume so you can enjoy better odds of landing a job in the finance industry wherein investment banking belongs.
Bear in mind that when you submit a resume for an investment banking job, you will need a resume that is fit for it. Your resume needs to be tailored to the position of “investment banker” and not say an accountant. As an investment banking applicant having a background in accounting is massive bonus but it is more important to present a solid background in financial analysis, initial public offerings, valuations, and/or mergers and acquisitions. Having experience in buy side and sell side research will also help boost your chances of landing such a position. Of course, you also need to make it clear that you willing to keep up with the demanding hours such a job requires.
Now that you know some of the basics, it is time to get cracking. Below is a resume format that is pretty much standard, widely used, and quite effective when looking to land a banking investor job. This isn’t to say there aren’t other formats you can use but as reference, the format below is quite effective.
Make it a point to write down the college or university you attended and make sure you do not forget to list degrees you have attained, honors, and any other achievements. You may also cite special courses you have taken that are relevant to the field of investment banking. Some examples are:
- Computer science
- Business writing
- Statistical analysis
- Contract law
- Management courses
Write down the title of your previous jobs and current job and make sure you put the name and address of the company you worked or work for. Writing down your duties and your accomplishments is also a great idea so the hiring managers see what you are really all about.
2007 to present
Junior Accountant, Personal Loans Department
Branch or bank name, Address
Duties: Audited books of personal loans. Report directly to VP and Chairman of the loans committee.
Cite skills that are relevant to the job only. You can write down that you are an accountant but you can also include verbal skills, tax law knowledge, managerial skills, etc. Place an emphasis on the skills that are most applicable to the job and also cite examples as proof that you have such skills. You can also cite personal skills if you are short on specific skills.
Below is a list of skills that most hiring mangers look for in investment banking candidates.
College or University degrees in:
- Business administration
- Business law
- Computer science
- Tax Law
A D V E R T I S E M E N T
Some employers have special needs and they might look for applicants that have experience with government procedures and relations etc. It depends on what type of banking they are involved in.
Other Points to Include
Writing a resume is exhausting but you are almost at the end! Below are some other points you need to include:
Personal qualifications- tell them you are very good at communicating and that you are a good strategic thinker. Make sure you can back up your claims
Your purpose- let them know why you are applying and why they should choose you (hint: talk about how you can be of value to their organization.)