We recently caught up with John, an Accounting and Economics undergraduate at the University of Bath. John has successfully secured a place on Bank of America Merrill Lynch's Summer Internship - congratulations John! We heard all about it.
Why did you choose Bank of America Merrill Lynch?
I chose Bank of America Merrill Lynch in particular because of the role I wanted in finance. I had read articles on the Bright Network website detailing different roles available in investment banking and, based on this, I chose to apply for equity research. Bank of America Merrill Lynch is one of the leading global research firms, which made it a natural choice. I had also seen them advertise their research awards on Bloomberg TV.
Why were you interested in the Global Research role?
I am currently working full time as part of a sandwich year in my degree doing economic research, and therefore the skills and knowledge I am currently learning are closely suited to equity research. In equity research, a keen interest in financial markets is also necessary, as you will be working in them continuously. Finally, global research is a client facing role, offering me an opportunity to present my ideas to clients.
What top three tips would you give to other students looking to follow in your footsteps?
1. Good grades are necessary but not sufficient. It is important to show that you are motivated to grow and succeed beyond your studies, as this demonstrates that you will do the same in your role.
2. University is an excellent place to become a more rounded person (which companies look for) and develop your skills through extra-curricular activities. Every university has an investment society, for example.
3. Apply early as most companies hire on a rolling basis. The more applications you do the slicker your pitch becomes.
Do you have a pre-interview ritual or lucky charm?
I don’t have a particular ritual – but I always emphasise the importance of a good nights sleep. I would recommend going to bed rather than re-reading a company’s website for the hundredth time. Being well rested is vital, as in an interview you are being asked about past experiences and knowledge. A well-rested mind will be able to recall this information faster and will be generally sharper than if you try and cram the night before.