Brian DeChesare

SEPTEMBER 7, 2022

There has always been a catch-22 with most finance jobs: to gain the right experience, you need the right experience first. If you want an investment banking internship , you need a previous investment banking internship, usually at a smaller firm. Finance Internship Resume No Work Experience: The Makeover.

Finance 96

Finance Banking Start-ups Marketability 96

Brian DeChesare

DECEMBER 20, 2023

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. The IB internship recruiting timeline is now so insane that even mainstream news sources like the Wall Street Journal are writing about it (“ The Race Is On to Hire Interns for 2025.

Banking 102

Banking Start-ups Finance Corporate Finance 102

Brian DeChesare

AUGUST 23, 2023

Almost nothing is worse than recruiting for investment banking internships , winning an offer, preparing , completing the internship, and then not getting a return offer. All the large investment banks – bulge brackets , elite boutiques , and middle-market firms – use internships as a recruiting tool for Analysts and Associates.

Banking 52

Banking Start-ups Finance Marketability 52

Brian DeChesare

NOVEMBER 15, 2023

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. On the surface, these changes address some big problems with the CFA: The lack of relevance to many finance careers and the limited practical skills tested. Not much has changed since then.

Banking 59

Banking Start-ups Finance Private Equity Firm 59

Brian DeChesare

AUGUST 3, 2022

As investment banking internships wind down each year, interns everywhere wake up and mysteriously come up with a similar idea: “I want to switch banks for my full-time role! Unfortunately, switching banks, groups, or locations after your internship is much easier said than done. Or at least switch groups. Or maybe switch locations.”.

Banking 90

Banking Start-ups Enterprise Value Marketability 90

Brian DeChesare

MARCH 2, 2022

And in other regions, timing differences for degrees and gap years mean that not everyone can complete internships in the traditional time frame. Finally, work experience expectations have risen over time, and you may not even be competitive in IB summer internship recruiting without other finance internships first.

Banking 59

Banking Start-ups Finance Equity 59

Brian DeChesare

JANUARY 10, 2024

It’s one area where people on both sides tend to talk past each other : Bankers say that wealth management roles pay less, offer less interesting work, and lack good exit opportunities. Note that the scope is more limited in “pure” WM roles; you’ll do more non-portfolio work in private banking.)

Banking 59

Banking Start-ups Equity Corporate Finance 59