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How to Get an Investment Banking Internship

Brian DeChesare

If you want to know how to get an investment banking internship, it’s simple: Start very, very early and have a great “Plan B” if something goes wrong. And yes, you read the news correctly: Banks like RBC, DB, Houlihan Lokey, Rothschild, and Guggenheim opened 2025 summer internship applications in calendar year 2023.

Banking 91
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Bulge Bracket Banks: 2024 Edition

Brian DeChesare

I never expected to revisit the topic of bulge bracket banks so quickly because the full list changes slowly, and we updated it a few years ago. But the events of 2023, including the UBS acquisition of Credit Suisse and the rise of firms like Wells Fargo, Jefferies, and RBC, have shaken up the traditional list.

Banking 97
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Activist Hedge Funds: The Superhero Offspring of Private Equity Firms and Normal Hedge Funds?

Brian DeChesare

If you’re thinking about exit opportunities and can’t decide between private equity and hedge funds , activist hedge funds might be your solution. Similar to private equity firms, they operate on longer time frames, influence companies’ operations and finances, and might catalyze major changes, such as spin-offs or acquisitions.

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Investment Banking in Dubai: The New York of the Middle East?

Brian DeChesare

Investment banking in Dubai stands out for attracting remarkable hype on social media. You’ll find influencers on Instagram, TikTok, LinkedIn, and other sites constantly praising Dubai and claiming it’s the best place to work or start a business. Investment Banking in Dubai: The Top Banks The usual U.S.

Banking 96
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Investment Banking in Canada: Promising Career Launchpad, or Wintry Wasteland to Avoid?

Brian DeChesare

We covered investment banking in Canada a long time ago on this site, but things have changed over time – and the original article was light on details and numbers. Although there are some advantages to IB in Canada, it’s almost always better to start a finance career in the U.S. Canada is significantly smaller than the U.S.

Banking 89
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The CFA for Investment Banking: Do the New Changes Make It Worthwhile?

Brian DeChesare

I’ve now been writing about finance careers for almost 20 years, and the topic of the CFA for investment banking never seems to die. But earlier in 2023, the CFA Institute announced the biggest changes to the program since it started. Complete a part-time internship at a local private equity firm, venture capital firm, or search fund.

Banking 59
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The Front Office, Middle Office, and Back Office: How Banks Organize Their Dungeons

Brian DeChesare

If you look online, you’ll find many threads, articles, and blog posts saying that back office (BO) and middle office (MO) jobs are “the worst” and that if you end up there, your career is over. Yes, if you’re working at a large bank, it’s generally best to be in a “front office” (client-facing) role.

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