Can an engineering degree lead to investment banking?

If you are an engineer with some prior work experience in finance or you have done internships, you may stand a chance. But you should have completed not one but a series of finance-related internships. Getting into investment banking (IB) cannot be an afterthought after your engineering graduation party.

Why do engineers go into investment banking?

Most engineers point to one of the following reasons to explain their desire to work in finance: They want to make more money; they’ve hit a “ceiling” in their current role. They want better advancement opportunities. They want more interesting, client-facing work.

What skills does a engineering degree give you?

21 examples of engineering skills

• Problem-solving. A large part of an engineer’s job is assessing a situation, identifying problems and then finding solutions.
• Computer science.
• Attention to detail.
• Pressure management.
• Teamwork.
• Creativity.
• Communication.
• Management.

Why do engineers become bankers?

Adaptability. One of the greatest advantages of choosing to start a career in banking after engineering is that engineers usually possess great analytical skills. The banking sector involves a lot of number crunching. One can easily shift their career and adapt certain skills in a short span of time.

What skills do engineering companies look for?

If you will be in the market for an engineering job in 2020, you will want to make sure to highlight these skills during your job search.

• Technical Skills.
• Industry Knowledge.
• Communication.
• Interpersonal Skills.
• Problem Solving and Critical Thinking.
• Motivation.
• Leadership and Management.

What skills do investment banks look for in engineers?

A managing director at a top IB affirms that an engineer’s skillset is extremely relevant to many roles at an investment bank. Their ability to quickly grasp complex tasks and problems is useful to IB’s mergers and acquisitions (M&A) and global capital markets (GCM) teams.

How can I get into investment banking after engineering?

Entering Investment Banking If you are an engineer with some prior work experience in finance or you have done internships, you may stand a chance. But you should have completed not one but a series of finance-related internships. Getting into investment banking (IB) cannot be an afterthought after your engineering graduation party.

What makes a good investment banking graduate?

Even as a grad, if you have the ability to identify creative ways the company can improve a process, or ideas for growth, you’ll be an asset to the bank. There is no doubt that investment banking can be a high pressure environment, with long hours, tight deadlines and high stakes.

How smart do you have to be to work in investment banking?

This isn’t really about book smarts, or your academic grades but instead demonstrating the ability to quickly understand and apply complex pieces of information. Investment banking is all about intellectual curiosity and agility, whether it be related to absorbing new data, managing a project or meeting a new client.