As one of the most prestigious investment banks in the world, Credit Suisse offers great opportunities for investment banking analysts. However, the recruitment process is highly competitive. This article will provide an inside look at the work experiences, career development path and recruitment tips for credit suisse investment banking analysts based on insights from employees and recruitment experts. Key focuses include analyst responsibilities, working hours, teams and exit opportunities. There will also be a discussion on how to best position yourself to land a credit suisse investment banking analyst role.
Investment banking analysts at Credit Suisse work long hours on live deals and financial models
Based on employees’ reviews on Glassdoor and reports from financial media, credit suisse investment banking analysts work 80-100 hours per week on average. They work on live deals from pitching to execution across M&A, IPOs, debt and equity issuance. Analysts build complex financial models in Excel to value companies and transactions. Teams are organized by industry coverage and product groups. Analysts support associates and VPs on various projects.
There are clear promotion paths but high attrition rates for credit suisse investment banking analysts
The career progression is typically analyst – associate – VP – director/MD. However, many analysts leave after 2-3 years for private equity, hedge funds, startups or business school. The high attrition results from the grueling hours and desire to expand skillsets. Analysts who stay longer gain expertise in certain sectors. They develop client relationships and leadership skills to drive business. Top performers progress fastest and take on more responsibilities.
Standout technical and soft skills are required for aspiring credit suisse investment banking analysts
To land a credit suisse investment banking analyst role, exceptional financial modeling, valuation, accounting and Excel skills are essential. Strong communication skills are needed to synthesize data and present recommendations. Leadership and teamwork abilities are valued since analysts must manage junior members and collaborate with associates/VPs. Credit Suisse looks for top students from target schools who demonstrate these technical and soft skills.
Networking and prior internships increase chances of recruitment success for analyst roles
According to recruitment experts, networking is crucial for getting an interview and job offer as a credit suisse investment banking analyst. Students should actively build relationships with alumni and bankers at on-campus events. Relevant internships, especially at a bulge bracket bank, dramatically boost candidacy. Many analysts start full-time after completing the bank’s summer analyst program.
In summary, credit suisse investment banking analysts work long intense hours on live deals and models but have clear progression opportunities. Standing out requires exceptional technical and soft skills. Networking and banking internships are key success factors for getting hired as an analyst. Students should start preparing early to maximize recruitment chances at this highly prestigious bank.