Can I get a Job at Investment Bank with 3rd or 2.2?


#1

Is there any chance of getting a graduate job at an investment bank if when I graduated it was with a 2.2 or 3rd? …what would my chances be if I graduate with a 2.2 or 3rd class, but had already had work experience at an Investment bank and really impressed the firm?


#2

If you graduate with a 2.2 or 3rd you had better have a seriously good reason why and excellent Alevel grades and other proof of academic capability or you will not be able to get a job in investment banking.

If you do manage/did manage to get experience at an investment bank during uni I imagine you would have good academics up to the point you applied to get the [[internships|internship]] in the first place - but if you really impressed a firm during your [[internships|internship]] then there is a chance of getting a job offer even if you didn’t get a 2.1 or first - but it is rather unlikely, and you would need to have seriously impressed the firm!


#3

It will be tricky- you will have to push hard - you might need to try and get some more work experience. What work experience have you got at the minute? Furthermore, you can try through a recruitment agency, who may be able to place you. What’s your degree, and from where?

Sadly the chance of you getting onto a graduate scheme is very slim indeed.


#4

I am in the same boat as you, my 2nd year i did so bad i could not recover in my final year, is it worth applying for an internship as i graduated and say im applying for a masters, or go for a grad scheme?


#5

I’d say your chances are slim regarding getting on either a grad scheme or an [[internships|internship]]. I’d investigate smaller banks and how to go about applying to them - back office roles and even think about accountancy.


#6

Well, it depends what you mean by getting a job. I guess BO would not be impossible, but I have a hard time seeing that you would get a FO job judging by how many capable grads are out there…


#7

I’d say considering the massive issues with investment banks right now, no one without seriously good (incredible) academics/experience, etc is going to get an [[Analyst]] job for the next 18 months, minimally.


#8

You would do well to bolster your position with something like an [[MBA (Master of Business Administration)]], [[ACA]] or [[CIMA]]. A masters might also help. To be honest though, they’ll be hiring the brightest people into [[front office]], and the majority of graduates applying will have at least a 2.1.

Despite this, it would be possible to get in if you were willing to start at the bottom and work up & across.


#9

So are my chances zero now that banks are not even accepting graduates?


#10

hi
my story is similar to u. iam a science graduate with first class (starting from 10th std i got 1st in all). but got 2nd class in MBA. is it possible to enter investment banking field as analyst or is there any other ways. please help me


#11

ok if at all my ways are closed in investment banks, have i any other better opportunities?


#12

I would suggest you leave the fate of your application(s) in the hands of the people at HR. Speculation - as we’ve all seen in the past week - does nothing but worsen a situation. Invest your energies in submitting some quality applications. If your application is unsuccessful, the feedback you will receive will prove to be invaluable for any future applications you make.

Essentially: apply, you have nothing to lose.

Best of luck.


#13

Casper,
Your main route will be through networking. If you manage to get a fixed term contract/intership for, say, 3 month and impress, then why not?! Having said that a potential employer would rightfully be interested to know why your academics are poor.
Good luck mate!

botirvoy