The Aspire Guide - Flipbook - Page 44
Investment Banking
The investment banking sector consists of the industries around financial markets and
services, and is focused on the management, movement and creation of capital. The UK is
one of the world’s leading financial centres, with many major institutions concentrated in
London, although there are many different career opportunities all across the UK.
Investment banks typically make profits in three ways: assisting their clients in the buying and selling of
securities or companies; raising capital for their clients; or making proprietary investments on their own
behalf. Under these three broad categories, investment banks offer a multitude of products and services
to their clients, which range from individual retail investors to large corporations.
Within an investment bank there are many different roles available:
The investment banking division provides advice and services to corporations, governments and other
groups on large projects such as mergers, acquisitions and takeovers.
The sales and trading division works within the financial markets, buying and selling shares, bonds,
commodities and currency on the stock market.
The technology division develops and delivers systems to help the bank run its core operations, such as
processing trades and supporting key infrastructure.
The operations division makes sure the bank is running smoothly, efficiently and without risk, acting as
its ‘engine room’ and working closely with all other areas.
The asset management division manages investments for private funds, individuals and corporations,
helping to ensure that they maximise returns on money by investing in a range of products such as
stocks, bonds, and assets such as property.
What they’re looking for:
Whilst there are no specific degree requirements to work in investment banking, a degree in any of the
sciences, finance, economics, maths or similar can provide you with the numerical and analytical skills
that firms look for in hires.
Salary expectations:
Typical graduate salary: £30,000-£55,000 (+potential bonus of £5,000 to £40,000).
Potential salary (after five years experience): £100,000-£200,000
Top earners (10-15 years experience): £300,000-£1,000,000+
Curious, collaborative
and driven? Let’s chat.
See yourself here.
At Goldman Sachs, we believe who you are makes
you better at what you do. We seek out people with
all types of skills, interests and experiences. Even if
you have never imagined a career in finance, there’s
a place for you here.
For us, it’s all about bringing together people who
are curious, collaborative and have the drive to make
things possible for our clients and communities.
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Apprenticeships
Our Degree Apprenticeships are four year programmes
for recent school leavers looking to pursue an
undergraduate degree whilst gaining full time work
experience. We offer two Degree Apprenticeships
in our Global Markets & Engineering divisions, in
partnership with Queen Mary University London.
Internships & Insight Events
We offer a variety of paid internships for University level
students, as well as insight events for school students.
These events are designed to help students learn more
about the firm, upskill and build their networks.
Applications open 1 July 2022
Further details can be found at gs.com /careers
