Networking interviews with investment bankers provide a valuable opportunity for candidates to learn more about the field and position themselves for future roles. However, it can be challenging to know what good questions to ask during these informal chats. This article provides key insights and sample questions for candidates to ask investment bankers during networking interviews. With thoughtful preparation and strategic questioning, candidates can gain key insights, demonstrate interest and stand out from the competition when networking with investment bankers.
Ask about their background and path to investment banking
One of the best ways to start a networking conversation with an investment banker is by asking about their own background and career journey. For example, you could ask: – What first interested you in investment banking? – How did you get your first investment banking role? – What was your career path to your current role? – What skills or experiences were most helpful for breaking into investment banking? Asking about their path shows your interest in learning from their experiences. It also helps you understand what it takes to succeed and advance in the industry.
Inquire about pros and cons of investment banking
Investment banking is known for long hours, high stress and intense work. However, many are still drawn to the rewarding and intellectually stimulating work. Ask bankers to share: – What do you enjoy most about investment banking? – What are the biggest challenges or downsides? – How do you maintain work-life balance? – What keeps you motivated in this demanding career? Understanding the pros and cons directly from professionals will provide a balanced perspective on life in investment banking.
Ask for advice on gaining relevant skills and experience
A common question from candidates is how to best position themselves for investment banking roles. You could ask bankers: – What skills or experiences do you look for when hiring junior candidates? – How can students/candidates best prepare for investment banking interviews and recruiting? – Are there particular courses, clubs or activities you would recommend? – What financial modeling or technical skills are most important to develop? The insights you gain can help focus your preparations and experience toward the most valuable hard and soft skills demanded in the industry.
Learn more about the banker’s specific role and firm
Each investment banking role and firm has unique focuses and cultures. To learn more ask questions like: – How would you describe your bank’s culture? What is it like on a day-to-day basis? – What does your specific group or division focus on? What are the main deals and clients you work on? – What is the workflow and pace like in your role? – What are the opportunities for advancement and growth? Understanding the banker’s specific environment will help you assess your fit with various firms and positions in investment banking.
Ask for suggestions on other people to connect with
Networking is all about expanding your connections. Wrap up by asking: – Who else would you recommend I speak with to learn more about investment banking? – Are there any networking events or groups you suggest I participate in? – Could you connect me to any junior colleagues who may be open to an informational interview? Thank them for their time and exchange contact information. With their suggestions in hand, you’ll be prepared to continue expanding your investment banking network.
Preparing smart, thoughtful questions for networking interviews with investment bankers provides valuable insights into the industry while demonstrating your genuine interest. Focus on asking about their career path, skills needed, pros and cons of the career, their specific role, and suggestions for expanding your network. With strategic and professional questions, you can learn key information, position yourself for future opportunities, and develop relationships with investment bankers.