What have you missed in the fast-moving world of financial services recruitment? Here’s a round-up of the top stories on eFinancialCareers over the past week.
The one thing you need to know about cover letters when applying for a banking job
You may have spent hours crafting the finest covering letter that really sells you to a potential employer. Don’t bother – recruiters don’t read them anyway.
Older, better-qualified and keener than ever: meet the only graduates investment banks want to hire
Getting into a front-office investment banking graduate role is tougher than ever. New analysts share their tips for securing a role.
How to land a job at Ernst & Young
EY is a hiring over 10,000 people in the U.S. alone over the next year. Here’s what it takes to impress their recruitment team.
Six interview questions that could kill your career in one of banking’s hottest sectors
Wealth management is still a hot sector in Asia, but if you can’t answer these interview questions, expect your job search to come to a shuddering halt.
The investment banks, boutiques, hedge funds and fund managers who have been hiring UBS bankers
Just 46% of people leaving UBS’s investment bank have found alternative jobs. Here is a comprehensive breakdown of the firms hiring them.
“Investment banking has become an industry for middle class mediocrities”
Think that joining an investment bank puts you among society’s elite? You’re actually one of the legions of middle class morons, believes one former Goldman Sachs banker.
Tips for spotting cultural red flags in interviews
Is the firm you’re about to join likely to make your life a misery? Here are nine signs that you should probably stay away.
I applied through college or university. The process took 1 day. I interviewed at UBS (New York, NY) in January 2011.
I bid for the interview. The recruiter sent an email the night before the interview day saying that we would get the results of the interview that same day by 5pm. Those who passed the 1st round would be invited to dinner and the final round would occur the next day.
Compared to other companies, I thought the immediate notice was very respectful and convenient.
My interviewer was not nice at all...She never smiled, and she looked at me like I was dirt on her shoe.
At some points, when I was getting close to an answer but I didn't quite grasp it, she tried to help me with my logic.
The interview was probably 70% technical, 30% behavioral.
- Tell me about yourself and why you chose these specific experiences to put on your resume. Answer Question
- How would you value a shoe company? Answer Question
- If there were no other shoe companies in the world and you could not use a DCF, how would you value the shoe company? Answer Question
- You have 2 companies, one has a P/E ratio of 12 and the other 15, if everything else is equal, which one would you invest in? 1 Answer
- Your team has 4 members. You have a meeting in 17 min that you must not be late for. You have to cross a bridge to get to the meeting on the other side. Only 2 can cross at a time. It is very dark and you only have one flashlight. The members on your team can cross the bridge in 1, 2, 5, and 10 minutes. How can you get everyone cross in 17 min? 1 Answer