With the highly competitive investment banking industry, securing an internship at a prestigious bank like Barclays is a challenging yet rewarding goal for many candidates. Barclays’ investment banking division offers internship programs for students to gain first-hand experience in corporate finance, M&A, equity and debt capital markets. As application deadlines approach in 2023, performing well in the online application process is crucial. This article provides tips on successfully navigating Barclays’ online application and recruitment process, from creating a compelling CV and cover letter to acing the online tests and interviews.
Understand Barclays’ recruitment timeline and check website regularly for openings
Barclays usually begins accepting applications for full-time analyst and internship roles between August to October through its campus recruitment program and online portal. However, application deadlines vary across different divisions and geographic regions. Those interested should check the graduate recruitment section of the Barclays website regularly for the most up-to-date information on openings, deadlines and eligibility criteria. Signing up for job alerts is recommended to stay updated on opportunities.
Prepare a compelling CV tailored to Barclays that highlights relevant skills and experience
Barclays receives thousands of applications for limited internship spots, so having an excellent CV is critical to stand out. Beyond listing academic results, achievements and extracurriculars, applicants should customize their CV for investment banking by highlighting experiences such as internships, relevant coursework, financial modeling skills and leadership qualities that align with the role. Given Barclays’ international presence, candidates with language skills and international exposure can highlight that in their CV. Keeping the CV concise, organized and easy to scan for recruiters is key.
Write a strong cover letter demonstrating fit with Barclays’ culture and values
The cover letter is an opportunity to expand on your CV and make a case for why you are an ideal fit with Barclays’ culture and the specific division to which you are applying. Be sure to use specific examples of your skills and experience that map to the bank’s core values like diversity, integrity and sustainable impact. Convey your passion for finance and eagerness to learn. With Barclays being a UK bank, pay attention to tailoring your cover letter appropriately for British English and formatting.
Prepare thoroughly for online psychometric tests and aptitude exams
Barclays uses online psychometric tests, numerical and logical reasoning exams and situational judgement tests to screen applicants. Practice sample tests from online test prep platforms in advance across all assessed areas. Brush up on math skills, become familiar with different test formats and work on timed responses. Evaluate your performance and keep practicing until you achieve target scores.
Perform well in virtual interviews by practicing responses to common questions
After the online tests, shortlisted applicants will face one or more virtual interviews. Use online resources to find sample Barclays interview questions and practice responses focused on your motivations, relevant experience and fit with the firm’s culture. Prepare stories demonstrating desired competencies like teamwork, leadership and problem solving. Practice interviewing over video platforms to polish your delivery and etiquette for the real interviews.
With proper preparation and putting your best foot forward, you can maximize your chances of securing a coveted role in Barclays’ investment banking internship program through its online application and recruitment process. Research application timelines diligently, customize your application materials, perform well on online assessments and interview with confidence.