eFinancialCareers, the world's leading financial services and technology careers platform, supports the FSDC Career Festival 2023, and to empower students' career progression in Hong Kong financial services industry.
Here's the advice for students & graduates starting out in financial services:
The eFinancialCareers student guide for careers in financial services and tech
- What the jobs actually involve, the skills you’ll need, how many hours you’ll work and how much you’ll get paid.
- Insights into what your working day will really be like in different jobs at top banks (Eg.
- Goldman Sachs), and top trading firms and hedge funds (Eg. Citadel Securities and Citadel).
- Sectors covered: Sales & Trading, private equity, hedge funds, risk, compliance, quantitative finance, fintech, etc.
Banking salaries and bonuses: eFinancialCareers' 2023 compensation report
- Which are the highest paying jobs in banking and finance?
- What are salaries and bonuses like for different jobs in investment banking and finance?
- And how did 2023 bonuses measure up?
What is the S.T.A.R. technique - and why do banks like it?
The purpose of S.T.A.R. is to tell an anecdote with a structure that demonstrates your competencies in a way that hopefully appears like you’re a constantly evolving self-critical genius. This brutal, pre-prepared, synthetic naturalism is a great way to speak to investment bankers.
The 50 words you need to know for banking interviews
If you want to work in banking, you have to talk like a banker. That means learning jargon, technical terms, and slang. You’ll pick up a lot of it on the job, especially the more technical terms, but you’ll do a lot better in an interview if you show some insight and initiatives
131 top banking interview questions and how to answer them
Below we have a very comprehensive list of banking interview questions. They're drawn from interviews at J.P. Morgan, Goldman, Deutsche, UBS and...elsewhere.
Most of the questions listed are entry-level. Clearly, the greater your seniority and specificity, the more idiosyncratic the questions you'll be asked and the greater the effort your interviewer will make to establish that you can genuinely 'add value' to the role you're interviewing for.
Banking HireVue interviews: everything you need to know
So, what sort of interviews do HireVue generally run, then? There are two types, Cornell says: motivational or “fit” questions – “introduce yourself, why this role, why us?” – and relatively standard competency questions such as “tell us about a time you did x” or “imagine you’re asked to do y”, although the latter is advised against by HireVue as neurodiverse applicants struggle with the format.
How the highest paid interns in financial services write their CVs
His CV fits into the 'no-nonsense' category: plain black and white, top to bottom reading, with a medium amount of detail about his accomplishments across his (already impressive) previous experiences.
The projects section will have likely played a vital role as it indicates his creativity and interest in technology, particularly regarding OCaml, which is the firm's language of choice.
29 power words that will invigorate your investment banking CV
Listed below are approximately 80 'CV power words' which will enhance your resume. Most are verbs, some are adjectives. All exude activity and achievement and are part of the vernacular in the finance sector.
How to get a job in a hedge fund
- Hedge fund jobs can be some of the most lucrative in finance.
- Hedge funds are asset management firms, but with the freedom to follow more creative investment strategies.
- Hedge funds used to be scrappy outsiders but have become far more institutional.
- Large hedge funds are increasingly running their own graduate recruitment schemes.
How to get a job in private equity
- Private equity jobs are some of the most desirable in finance.
- Private equity funds invest in large companies that are not yet listed on public markets.
- Senior private equity professionals are paid salaries, bonuses and carried interest –a proportion of the profits made when an investment is sold. Carried interest can be huge.
- Competition for private equity jobs is intense.
How do you get a job in sales and trading in an investment bank?
- Sales and trading is a very results-focused job where good or bad performance is immediately obvious
- To succeed, you’ll need energy, concentration, and coding and math skills
- Entry to the best trading desks is super competitive; investment banks tend to hire a lot of juniors and promote the ones who perform best.
The 11 ways to get your first job in an investment bank
Getting a job at an investment bank is easier said than done. A lot easier.
To start with, you might not even find any job postings to begin with. That’ll be the case if you’re applying to Morgan Stanley, which only hires entry level bankers from its own internship classes. Or you might find that you’re one of 300 applicants. That’ll be the case if you’re applying to Goldman Sachs.
Hirevue Digital Interview Tips
What's a Hirevue digital interview? How does it work, how do banks use them and how can you prepare? Hirevue's senior psychology consultant offers some insights.
CityCV CV Writing Tips
Victoria McLean, the CEO of City CV and a former Goldman Sachs recruiter, provides best-practice advice on creating a CV for a graduate or internship role in financial services.
