Thanks @Expert #7451 for sharing this!
Gwyn on competency questions
To be able to handle these, you need to have relevant experience. This means being involved in relevant clubs. Being involved is not enough; to encounter the problems and dilemmas which will give you lots of material to call back on, you need to get a position of responsibility. Don't just join your university finance club: get into a committee (the higher the better) level position. That way...
This last part will focus on technical questions (which aren’t really that technical for Spring Weeks) as well as commercial awareness, brainteasers and the end of the interview.
You should have multiple examples ready that you can draw on for each competency so you can assure the bank you have the appropriate abilities and can apply it to different environments (and after all, to show that you prepared).
ABC – Always Be Closing. If you haven't seen this classic yet, watch it below and embrace what it says:
You need to convert. If you don't, it's real simple: you got nothing coming. You could have dominated your online competency questions, online tests and you could have even made a killer CV – all for nothing if you won't convert. So here go the most common interview questions you should be ready for.
In this second part I will be looking at insight programmes, other key opportunities and alternative school leaver programmes.
These are a must for any A Level student interested in the industry. They are good for a number of reasons:
• Increasing your commercial awareness
This stage is the point where most people start to seriously consider what degree they wish to pursue and in turn, what careers they are most likely to pursue. So here is some of the stuff I would have liked to have known when doing my A Levels – you should take particular note with regard to subject and university choice. Feel free to comment on this and add any other advice you may have below, would be interesting to hear some people’s experiences on this.
I started writing a reply to this post and thought it would be better to make a longer post on it.
This isn't a definitive answer to bank X vs bank Y, but it's a start. The industry has changed. Rep still carries weight amongst prepubescent teens and the odd pick-up line at bar when conversing with a gold digger.
Summer interns aren't a bank's number one priority.
You're not the superstar they're waiting to hire. Around this time, banks have to deal with locking down their summer intern offer holders, followed by fast-track recruitment, followed by graduate recruitment. If you applied in the first week of August and you still haven't heard back for a numerical test a week later, once again, don't panic. Life as you know it isn't over.
If you're reading this, you're going into your 2nd year (of a 3 year degree) or 3rd year (of a 4 year degree) or you're a first year (of a 3/4 year BSc in Keenness). The following is by no means exhaustive but it's a few key things that I have used in the past.
My background? Two pervious summer internships - the first in S&T, followed by a working stint on a sales desk, and a second long-term internship in IBD after deciding to move (but not doing so without interning to get flavour).
Here's an interesting article I came across on BI:
"When I was 17, if you asked me how I planned on getting a job in the future, I think I would have said: Get into the right college. When I was 18, if you asked me the same question, I would have said: Get into the right classes. When I was 19: Get good grades.
But when employers recently named the most important elements in hiring a recent graduate..."
Page 8 of 9