With the financial center of Los Angeles, investment banks provide abundant job opportunities for finance professionals. However, the recruitment process could be highly competitive. This article analyzes the timeline and tips of applying for los angeles investment banks from the perspectives of major firms like Goldman Sachs, JPMorgan Chase, Morgan Stanley, etc. Drawing from recruitment datasets, it aims to equip readers with essential information to land a dream job in investment banks.
Application cycle starts way earlier than you thought
The application for 2023 summer internship in major investment banks actually began in September 2022, according to the timeline summarized from official sites. Take Morgan Stanley as an example. Its 2023 summer associate program application rolled out on September 12, 2022 and will continue reviewing on a rolling basis until September 30, 2022 or until positions are filled. Therefore, students should better prepare at least 1 year ahead before joining the recruitment pool.
Well-rounded capacity matters
Investment banks favor all-round excellence beyond major finance knowledge. Solid analytical skills, team collaboration spirits, leadership and communication abilities are all indispensable strengths valued by employers.
Early exposure Counts
Gaining exposure by case competitions, networking events or simply reaching out for informational interviews could help better understand the industry. Building connections in the sector from early on is beneficial for securing referrals during later application.
Patience is a virtue
The interview process features multiple intense rounds. Apart from technical and fit interviews, networking events also allow candidates to mingle with employees. Staying motivated during this long recruitment journey signals one’s determination.
In a nutshell, preemptive preparation, well-balanced capacity building, early exposure and patience throughout the lengthy recruitment process are key to landing a satisfying investment bank job in Los Angeles area.