How to Create a Resume For Investment Banking Internship
There is no better way for aspiring investment bankers to kick-start their careers than to create a strong resume for an investment banking internship. Thus, you can entice a company’s Human Resources manager by uniquely highlighting your qualifications, in-demand skills, and relevant work experience on your resume.
Investment bankers work for financial institutions, such as banks, insurance companies, stock exchange companies, and mutual fund firms. These places receive hundreds and thousands of applications from students seeking internship placement. As such, getting an investment banking intern role is so hard, except you can attract the HR manager with a superb resume.
This article will, therefore, guide you in creating an impressive resume for an investment banking internship.
Let’s get down to business.
What is a Resume for Investment Banking Internship?
An investment banking intern job’s resume is a document created by students and graduates to demonstrate their educational background, skills, awards, and accomplishments.
They are often required when applying for an intern position in a financial institution.
According to Glassdoor, a popular job search engine and review site, the average monthly salary of investment banking interns in the US is approximately $6,500.
How to Create a Good Resume for Investment Banking Internship
As participating in an internship program has many benefits, you can use your resume to allure the hiring manager into giving you your preferred intern role by following the guide below.
#1. Add your contact information
An investment banking internship resume must include your contact information after your name. These include your residential address, phone number, and email address.
While your name should have a bigger font size at the top of the document, others can come after a line. The hiring manager does not need your house number or street name, so it is necessary to state them.
See below for a sample illustration.
Houston, Texas, USA
#2. Add your objective statement
The second thing to include in your resume is your summary or objective statement in at most three concise sentences. This section should outline your personality, skills, and years of experience.
You can also state a notable accomplishment in this section.
#3. Add your educational background
This section requires you to name your school or alma mater, entry & graduation year, and academic degree. Subsections you may include under your resume’s educational background section include your academic awards, GPA, as well as your projects.
Here is a sample.
Bachelor’s Degree in Accounting and Finance 2020 – 2022
Texas Southern University, Houston, TX, USA
#4. Highlight your skills
You can now indicate your skill set in the Skills Section of your resume for an investment banking internship program.
Relevant skills include financial models, market research, analytical, private equity, business development, customer service, real estate, discounted cash flow, and due diligence skills.
Be aware that most HR managers prefer prospective interns to possess more hard skills because they are provable.
#5. Itemize your relevant experience
Your resume’s work experience section must comprise only the one related to investment banking or financial institutions. Start by listing your most recent experience to the oldest one.
If inexperienced, discover how to get an intern job without prior work experience.
Here is what the work experience section of your resume for an investment banking internship should look like.
Private Equity Intern
JPMorgan Chase & Co.
(Job roles and achievements)
Check out some helpful tips for applying for an investment banking internship.
Tips for Creating an Impressive Resume for Investment Banking Internship
Here are some things to note when creating an investment banking internship resume.
- Your resume’s education background section should be short if you possess vast work experience.
- Use reverse chronological order to itemize your educational background, starting with your latest and high-ranking degrees.
- Type the Expected graduation date in your resume’s entry for a particular school you are still attending.
- List 6 to 12 skills in your resume, using bullets as their numbering.
- Highlight more hard skills than soft skills on your resume.
- Only include previous jobs, work experience, awards, and achievements that relate to investment banking.
- Use 11 or 12pt (font size) for normal texts and 14 to 16pt for each section header. While Times New Roman is the most recommended font type for a resume for an investment banking internship, Calibri, Arial, Cambria, Georgia, Verdana, and Tahoma, are good alternatives.
- Try creating your resume on one page; anything more than this is not a good idea.
- Indicate your country code in brackets when typing your phone number in the contact information section.
- Remember to check through your resume for possible errors.
Related Article: Top providers of Private Banking Internship Programs.
Investment Banking Internship Interview Questions
Practice an ideal response to the following questions while preparing for your internship interview.
- Could you walk me through your CV?
- Why do you want to become an investment banker?
- What do you understand about this intern job role?
- Why have you applied to this bank for an investment banking intern role?
- Discuss a time you had a challenging situation.
- How do you value a company?
- What investment would you lay out your money right now?
- What makes you think you are an ideal candidate for this intern role more than others?
- How can you add value to this bank?
- Tell me about the latest development at this bank.
- Why would investors want to invest in a company?
- Talk about a piece of recent news of something affecting our bank.
- How would you advise someone wanting to become a product shareholder?
- Tell me when you had to handle a new situation with little information.
- What are swap points, and the reason why they can be negative?
Read also: Most ideal questions to ask during an intern job interview.
Frequently Asked Questions
What should I put on my resume for an investment banking internship?
Your resume for an investment banking intern job must highlight your educational background, relevant skills, and work experience. Of course, it must prove to the HR manager that you have the potential to succeed, no matter your qualifications.
How do you show investment banking experience on a resume?
Ideal ways to indicate your investment banking experience on a resume include highlighting it in your profile summary and the work experience section.
What skills do I need for an investment banking internship?
You must show that you possess several skills on your resume for an investment banking intern job. These include business development, due diligence, private equity, market research, customer service, discounted cash flow, financial models, real estate, and strong analytical skills.
How hard is it to get an investment banking internship?
Getting an investment banking intern position in any establishment is usually difficult for students and graduates. Hence, your chance of landing an investment banking internship is relatively low except if you know the workaround.
How many pages should a resume for an investment banking internship be?
A resume for an investment banking intern job should be only one page. The reason is that HR managers are always busy and likely unavailable to read lengthy resumes with multiple pages.
Now that you’ve seen an expert’s guide in writing a good resume for an investment banking internship, you’ll have more chances of landing the intern job. Hence, here is an opportunity to improve your chances of acquiring relevant work experience, developing your skill set, and building a relationship with professionals in the investment banking industry.
So you can always revert to this blog post whenever you need to learn more while creating your resume.