Tag Archives: employers

Things that might surprise you about a career in Investment Banking

Things that might surprise you about a career in Investment Banking

At our Investment Banking and Management Consultancy Evening this month, we held a Q&A with representatives from Macquarie, Barclays, Deutsche Bank and HSBC. We heard what it’s like, and what it takes, to work in this fast-paced and exciting sector.  Read on for a few things that might surprise you about a career in investment banking

Learning doesn’t stop when you leave University

The learning curve when you start any new job will be steep, but it’s perhaps particularly true for Investment Banking. For most firms there is an intense training period and, then with new clients and complex problems in an industry that is continuously evolving, the learning will continue throughout your career.  The reward for this is an intellectually challenging and exciting career, but it will be hard work.

You don’t need a degree in Economics or Finance

Banks are increasingly looking to recruit a wide range of talent – from all degree subjects. As long as you can demonstrate a passion and commitment to the career, you will be trained in the technical knowledge you need.

Your potential and skills are what matter most. The top 3 listed by the panel were:

  • Resilience and flexibility to respond well when priorities change
  • Work ethic to work hard and keep learning throughout your career
  • Interpersonal skills to build relationships with clients and your team

A Spring Week or Internship is a great route into the sector … but it isn’t all you need on your CV

Most firms now offer work experience opportunities – from ‘Insight days’ through to Spring Weeks and summer internships. Most also use these to recruit for their graduate roles, so getting on one of these programmes can be a first step to a career in Investment Banking. 

However, this doesn’t mean that other experience doesn’t count. On the contrary, anything you have done that demonstrates your skills and makes you an interesting candidate will help you to stand out.  

Doing your research really does matter  

The work, culture and lifestyle can vary hugely between banks and divisions, so do your research and find where you fit. Start now by looking at our sector pages, and explore company websites. The connect with with alumni and professionals in person and on LinkedIn to find out what it is really like.

There’s no one career path in Investment Banking, so take time to find yours.

 

What’s new? – Careers Fairs 2017

Whether you have a clear idea of what career you’d like to have, or no idea at all, careers fairs are great way to find out about different options, meet employers, and get the information you need to apply. We’ve got several fairs lined up for the Autumn Term. Read on to find out what to look for in this busy programme.

Careers Fair App

Download the ‘Bristol Uni Careers Fair Plus’ app from the App Store or Google Play to start planning and researching before the fair. Our top tips section is a good place to start. You can also filter and search the attendee list to find the most relevant employers by the types of roles they are advertising and the subjects they target. Highlight these employers on an interactive floorplan and use the links to company websites and social media to find out more about the employers who most interest you.

Confused About Your Career

If you have any general queries or want some advice, ask at the Careers Service ‘Confused About Your Career’ stand. We will be on the landing at the Science, Autumn and Engineering fairs and would love to help you get the most out of the events.

Bristol Opportunities

Opposite ‘Confused About Your Career’ will be the Bristol Opportunities stand. Come and talk to us about city opportunities, graduate vacancies, internships and business start ups. We’ll also be able to offer information and advice on the University of Bristol Internship Scheme.

Grads Love Bristol

Love Bristol and want to stay? Come to our new event in Bristol Museum on Monday 30 October to meet a variety of employers, large and small, with opportunities in the city.

Other Events

We have more new events this year including Employers Love Bristol, Public and Third Sector Q&A panels and events especially for International Students. Check the website and mycareer for updates.

Jargon Buster

The terms employers use to talk about their organisation and/or their recruitment process can be confusing. Get prepared for the autumn term employer events and your job applications with our jargon-buster.

Organisations

Magic circle – Nothing to do with Harry Potter. This is the term sometimes used to describe the top 5 law firms in the UK: Allen & Overy, Clifford Chance, Freshfields Bruckhaus Deringer, Linklaters and Slaughter & May.

Silver circle Similar to the above, a group of top law firms that do not quite rank alongside the magic circle: Herbert Smith Freehills, Ashurst, Berwin Leighton Paisner, Macfarlanes and Travers Smith.

The big 4 – These are the 4 largest professional services networks in the world: Deloitte, PricewaterhouseCoopers, Ernst & Young and KPMG. They offer audit, assurance, taxation, management consulting, advisory, actuarial, corporate finance and legal services.

SMEs – Small or medium-sized enterprises. In the European Union, these are defined as organisations that employ fewer than 250 employees and have an annual turnover of no more than 50 million euros.

Work Experience

Vacation scheme – This is not a holiday! A period of work experience with a law firm, usually running for 1 or 2 weeks.

Internship – These are often paid placements offered by firms who regularly recruit graduates. Most often in the summer, but there are also part-time, term-time and vacation opportunities.

Job Descriptions and Applications

Hidden jobs market – This is a term often used to describe jobs that aren’t advertised. You can tap into this by networking, making use of contacts and writing speculative applications.

Entry level job – A role that requires little prior experience in the field or profession.

Referees – These are the contacts (usually two) you put on CVs or application forms who can be contacted by an employer to verify the information you have provided or to give insight into your personality. The referee should know you well enough to be able to write positively about you.

Transferrable skills – Also known as ‘soft skills’ or ‘portable skills’, these are skills used in one job or career that can also be used in another, rather than relying on direct experience of the industry. For example, leadership, organisation and communication skills.

DOE – Think it’s a female deer? Think again! Abbreviation for ‘dependent on experience’. An employer will offer a salary within a given range but is willing to pay more for a candidate with more experience.

OTE – Abbreviation for on-target earnings. This is an estimate of actual earnings where pay is made up of both base salary and a variable bonus/commission. Particularly found in job descriptions for sales roles.

Graduate scheme – A structured programme for recent graduates that includes work and training. It can last up to 3 years, though some are much shorter. Completing the scheme successfully often secures a professional qualification as well as a permanent role in the organisation.

Selection Process

Psychometric test – Any activity and assessment that is conducted in order to evaluate candidate performance, including intelligence, skills and personality.

Assessment centre – Usually a day or half day at an employer’s office or training venue involving a combination of tasks and activities to find the right candidates. Involves working in groups and includes a variety of exercises such as role play, in-tray exercises and presentations.

Competency-based interview – This is an interview where situational or behavioural questions are asked. They aim to find out how you have used specific skills in your previous experience and how you approach problems, tasks and challenges.

Strengths-based interview – Type of interview style becoming increasingly popular amongst graduate recruiters. It aims to find out what you enjoy doing and hence what engages you the most.

If you would like more information about some of these terms or support with finding and applying for opportunities, visit the careers service website or contact us directly.

The Spring Careers Fair 2017

Our final employer event on campus this term was last week’s Spring Careers Fair.

New for 2017: careers fair app

This year we trialled a careers fair app which allowed students to research and prepare for the fair using our top tips section, filter and search to find the most relevant employers by the types of roles they were advertising and the academic departments employers were targeting, and then highlight these employers on an interactive floorplan.

We had over 500 downloads and positive feedback from students who downloaded the app. One student commented, “very helpful to plan who I’d like to speak to. Made my day more efficient. The map was a great feature.” Other comments included, “very useful resource”, “App very useful for prep”.

After the success of the Spring Careers Fair, we will be using the app for all of the careers fairs this autumn, if you want to get a sneak preview of the main features and benefits as well as check out the employers that are still recruiting and attended the event, the Spring Careers Fair app is still available to download – search for Bristol Uni Careers Fair Plus on the App Store and Google Play Store.

Bristol PLUS celebration

Exclusive to those who completed the employability award, the fair opened early with a welcome and the chance to speak to employers more directly over coffee and pastries.

The Bristol PLUS Award provides a framework to help you enhance your CV, develop a variety of employability skills and be more prepared for the interview process. A degree is no longer enough to make you competitive in the recruitment process. The Bristol PLUS Award rewards University of Bristol students who have gained significant skills and experience through activities outside of their studies.

Careers Service pop-up event & Bristol Opportunities area

One of the marquees outside the event held a Careers Service pop-up event with lots of taster talks open to all students as well as offering specific advice for postgraduate students. For those students still confused about their career options staff were on hand to offer one to one advice. The other marquee was the Bristol Opportunities tent, offering a list of immediate vacancies in the city, the chance to meet some local employers and advice on applying to the UoB Internship Scheme.

Employers love Bristol students

With a leading global reputation, and one of the highest rates of employability in the UK, your degree from the University of Bristol will help you get wherever you want to be. The quality of today’s students attracts many recruiters.

Employers from a diverse range of business areas attended this event including media, charities, consulting, finance, teaching, hospitality and IT, to meet with students and promote their organisation as well as upcoming and available opportunities. Around 2 thirds of these were SMEs with the rest being larger organisations. Many commented on the calibre of students and the conversations they had.

“Very inquisitive students.”

“It was a pleasure to meet the high quality students at Bristol.”

“It’s always great to visit Bristol Uni – lots of interested students with lots to bring to the charity sector.”

“A fantastic event for students to drink with cups from the fountain of business knowledge from fossils like ourselves.”

Missed out? You can still catch up

We are here to help you get to where you want to be when you graduate, offering you careers support in person, online and over the phone. The Careers Service opening hours are Monday to Friday 9:30 pm to 4:45 pm and in vacation 1:30 am to 4:45 pm. You can download the app to research employers and get ahead for next year. Our employer events programme will resume in the autumn term so check mycareer for updates.

Spring Recruitment Fair  

Spring Recruitment Fair. Info Web 1jpgThe fair in numbers

On the 27 to 28 April we held this year’s Spring Recruitment Fair, which was at the Careers Service (Tyndall Avenue) for the first time. Despite the cold, two marquees stood on the pavement outside, opening up the fair to passers-by.

40 different employers were present across the two days: Amazon, EY, Teach First, PWC, Aldi, Think Ahead, RBS and Severn Trent, to name just a few. They were offering various positions from graduate schemes, to internships and summer work.

Although it was revision season, over 400 students flocked in to
meet these recruiters, with many leaving positive comments, such as that they liked seeing a wide range of employers and that they felt the fair was helpful and informative with a friendly and welcoming atmosphere.  

Not just a fair

Other events were held in association with the fair: leading employers gave a talk on how to prepare for
the fair. On day two you could spot the Careers Advisers (wrapped in scarves and gloves!), along with some of the attending employers, in the marquee for speed interviewing sessions. They offered students the chance to practise their answers to some common interview questions under time pressure, gave feedback and then recommended relevant resources to help them improve their skills.

It was also a good opportunity to pick up some of the free publications available at the Careers Service, browse resources, book appointments and get advice on what to do next to prepare for life after university.

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Employers love Bristol students

“Meeting prospective graduates face to face is the best way to get our company known.

(Local Employer)

“The calibre of students was very high and we met some great candidates.”

(Recruitment Agency Attendee)

Employers come to our fairs because they are interested in you! As one employer commented, recruitment fairs are a “good opportunity for students. Companies come to you and want to hire you. Make good use of that”.

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How to prepare for next time

Employer tips:

  • Remember to do some research beforehand; look up the companies attending and what kind of roles they offer.
  • Think about how to approach the employers you are interested in to make them interested in you! One employer found they had “lots of people saying ‘I don’t know you’ or ‘what is your company’, as opposed to ‘I’d love to learn more about your company’”.
  • Don’t ask about pay or visa sponsorship – if they like you then they may be open to negotiation. Find out the essentials beforehand and target the employers relevant to you.

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Dates for your diary!

We have more careers fairs in the Autumn Term, all taking place in the Wills Memorial Building:

  • Investment Banking and Management Consultancy Evening – 3 October
  • Autumn Fair – 11 and 12 October
  • Engineering and IT Fair – 18 and 19 October
  • Science Fair – 26 October
  • Law Fair – 1 and 2 November

Keep an eye on the events pages for these and other events all year round.

A first year’s ‘Spring Week’ experience.

ID, check. Two copies of relevant documents, check. Clean, well-ironed smart clothes, check. Room in the purse for inevitable free gifts from Barclays, check. Positive energy and attitude, check. “Never be late. Never be just on time. Always arrive a little bit early.” My friend’s advice echoed in my head, as I got on the London Underground and checked the time. I should be there 10 minutes before meeting time.

Upon arrival, the recruitment team took our name and relevant documents, and handed out our name tag for the week before being thrown into a swarm of people we hadn’t met, (or had, depending on whether you’ve done spring weeks or insight days at different firms), and given a briefing about what this week would entail: work experience, better understanding about the industry and Barclays, and networking opportunities. The recruitment team didn’t emphasize it specifically, but how we perform throughout the week – how we interact with others, the questions we ask to the company reps and the way we tackle tasks given – was going to be taken into account to our overall assessment on deciding whether or not we get an offer for the next year’s summer internship.

From that moment on to the end of the programme on Friday, my days were packed with heavily informative sessions such as trading exercises, talks delivered by senior executives, preparation for the assessment, work shadowing, various presentations and skills sessions and networking opportunities. We had to absorb and understand a lot of information, ranging from the simplest basics such as how to present yourself well or business etiquettes to learning about various divisions within the firm and how they work – all of which was extremely helpful. What I had learned about the industry and Barclays prior to commencing the spring week became more consolidated and contextualized in my mind, and overall, everything just made so much more sense. It could be intimidating, entering into a whole new world, where you don’t know the people around you or comprehend exactly what is happening, but more often than not, everyone is friendly and eager to help. I made sure to remember to just be myself, have fun, relax, and be willing to learn while doing my best and being well-prepared. Having fun and giving one’s best are not mutually exclusive!

My spring week ended with a weekend spent with the students I had met earlier that week, finally with a phone call the following Monday, letting me know that I have an offer for an internship next summer! It was a very intense, challenging week, but I did get out of the week all that spring weeks could offer: great experience, a better understanding of the company and the industry as a whole, a network of people that inspired and motivated me and an offer for next year. Oh, and the compensation for the week wasn’t too bad either!

By Jess Ye Seul Kim.

A 1st year Childhood Studies with Management (BSc) student.

Alumni panel inspires law students with their personal insight into diverse career paths

A panel of four University of Bristol alumni offered a fascinating insight into their careers to Law School students earlier this year. The event titled ‘Alternatives with a Law Degree’ was jointly organised by the University’s Careers Service and the Law School in response to the increasing interest from law students in career options outside of the traditional legal sector.

The objective of the event was to introduce Law students to some of the many options available to those studying for a law degree, including those outside of the legal sector such as EY, one of the ‘big 4’ (professional services) firms, as well as utilising a law degree in a non-law firm environment like the Army Legal Service. Each alumni spoke about their career path and informal networking over drinks allowed the students to meet the panel members and continue their discussions about life after University.
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Reassurance

A key message from the panel was to reassure students that there are many diverse career paths open to them and to encourage students not to feel pressured into making a rushed decision on graduation.

Explore your options

If you are keen to consider the options available with your degree there is a lot of support on the Careers Service website. A good starting point is the ‘Be Inspired’ section.

“The panel helped broaden my mind beyond the confines of commercial law and private practice, and also reassured me that it is ok to be slightly unsure of what I want to do after I graduate, because the transferable skills I will gain from a law degree from Bristol will set me up for a role in a variety of areas both inside and outside the legal sector.” Komal Patel, a 2nd year Law student commented about the event.

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Esther Wride, Corporate Human Resources Business Partner at Avon and Somerset Constabulary, attended the event with Tom Tooth, a Police Officer, and current part-time PhD student at the Law School. She commented, “It was great to meet a variety of students who were interested in finding out about opportunities with the Police and we continue to encourage people from all backgrounds to consider a role in Policing.”

Be inspired by alumni

Attending an alumni event can be a great way to find out what Bristol graduates have done after they left University, but there are other ways to be inspired by our alumni. For advice and information about how you can connect with alumni, including the alumni mentoring scheme, careers network and not forgetting LinkedIn, have a look at the Careers Service Website.SL271880

Ten Tips to make the most of your Christmas Holidays!

Now that the end of term is approaching and the holiday season will soon be upon us, have you considered how you might spend the break from University? If you want to make the most of the time, this can be a good opportunity to continue your Careers and Employability journey.

Have a look at our top 10 tips to help you maximise the break from University….

  1. Know yourself – choosing what to do after you leave University is a process that takes time and requires self-investigation, self-reflection and focus. If you’re really not sure where to start spend some time doing some homework on you! Ask yourself questions like: What are you good at? What do you enjoy doing? What motivates you and how does this fit with your beliefs and values? You may want to chat to friends and family about what they think your skills and strengths are, you may be surprised! There are lots of tools to help you start career planning including the Windmills Career and Life Management resource.
  2. Do some research – investigate the career options that are open to graduates from your degree using the Prospects ‘options with your subject’ Also take a look at the Careers Network to see what Bristol graduates from a range of courses have gone on to do.
  3. Volunteer and boost your transferable skills – December can be a busy time for the voluntary sector with lots of opportunities available, ranging from Charity shops to homeless shelters and residential homes for the elderly. Have a look at Do-It to see what opportunities exist.
  4. Earn some money – part-time work at this time year can be a great way to help you spread some festive cheer and also help you to enhance the skills that all employers value; for example working in a team and communication skills. Lots of companies require an extra pair of hands at this time of year. The Careers Service has information on how you can find part-time work.
  5. Keen to find out more about an area of work that interests you? Contact local employers to see if you would be able to do a day work-shadowing to gain an insight into their organisation and sector. There are employer databases on the Careers Service website to help your research into organisations.
  6. Personal Skills audit – look at graduate job opportunities in a field that interests you and list the skills employers are looking for, then audit yourself against these skills. Once you have identified any gaps, start to plan how you can fill them.
  7. Re-visit your CV – make sure your CV stands out. For more help on CVs look at the Careers Services resources on applications and Prospect’s resources. Maybe one of your parents or family friends would read through your CV for you!
  8. Develop your Social Media presence – LinkedIn is becoming an increasingly popular tool used by recruiters, so it’s important to have an effective profile. LinkedIn publish lots of useful resources for students and some fun clips.
  9. Apply for a summer internship – relevant work experience can be a great way to ‘test-drive’ if a career-path is right for you and help you explore your career options. The UoB Internship Scheme is aimed at Small and Medium size Enterprises in the UK, including charities, social enterprises and Non-Governmental Organisations. There are also opportunities available through the Careers Service website and sector-specific websites like Gradcracker for Science, Technology & Engineering students.
  10. Relax – Don’t forget to enjoy your break from University!

The Careers Service website has lots more support and information.

Why should you consider Spring Insight with an employer?

An Insight scheme or programme is a brief period spent with an employer, usually in the spring or summer, to gain industry knowledge and explain career opportunities within that business. Activities provide an overview of company life and usually include presentations and seminars, work shadowing and some practical work experience.

Banks, Law firms and Professional Services companies are the main employers offering Insight programmes. Eligibility varies but many schemes are designed for first years whilst remaining open to other year groups. Here are 4 reasons why insight could be an important step for your career planning.

1. Narrow down your career options

It is common to feel pressure to discover your career path while at University. Insight schemes are a great way to narrow down the options. You may discover your future career or rule certain options out. This is all useful experience.

2. Get work experience

As Insight programmes range from a few days to a few weeks you can try out multiple industries to add work experience to your CV. Whether you find a sector you can picture yourself in or not you are still sure to develop transferable skills to boost your employability for any job.

3. Make industry contacts

You are likely to work with fellow students, interns, graduates and more experienced staff. You leave a first impression even in a short time, show yourself to be keen and colleagues will not mind you following up with further career questions.

4. Turn Insight into a job

Employers are increasingly using these programmes to funnel strong candidates through to internships and then graduate roles. If an Insight scheme goes well it could set you on the path to future full time employment!

Rate My Placement is a good place to start looking for Insight opportunities. Our advice is to apply early, many places get filled on a rolling basis. As always the Careers Service is here to answer any questions or help you to prepare an application.

Good Luck!

Maxine Robinson, Graduate Recruitment Officer

Interview with Kate Blythe, Editorial and Content Director at Matchesfashion.com

For all those aspiring to work in the Fashion Industry or to go into Journalism, Kate Blythe from Matches Fashion has kindly taken part in an interview which will be a very useful read!

Why did you decide to work in the fashion industry, and how did it start?

I always wanted to be a fashion journalist from the age of 10 or 11. I collected American and British Vogue magazines for years and fell in love with the beautiful images and inspirational features.  From that age onwards I had my heart set on a  fashion journalism career and so I focused on English literature and Language as my speciality. I took English, Psychology and History A Levels and then I went to Leeds University to study an English degree. Before university, however, I set up work experience at my local paper and then went to IPC to intern at various magazines such as 19 magazine and Just 17. As a post-graduate, I went to Time Out magazine in London where I worked for 6 months as a freelance writer, and from there I went to ELLE magazine where I worked for 4 years as fashion features writer before moving into the digital world after that.

What does a typical day for you look like at Matchesfashion.com?

I start work around 8.30am and have 30 minutes before the team arrive to get through my emails and answer any queries. I sign off, approve and commission all content across mens and womens digital and print titles so my day is a constant stream of questions from my team and proofs to sign off. I also oversee all video content, along with marketing emails, social media and all fashion. I can be approving a fashion rail full of clothes for a cover shoot one minute, then sitting in the executive team meetings discussing forward planning the next. It’s non-stop and very varied, which is why I love my job! I leave work at 6pm to get home to my three children before bedtime which is also when the US markets are up and so I then deal with talent agents regarding celebrity cover stories and shoots.

What has been the highlight of your career so far?
The highlight of my career has been building a world class team here at Matchesfashion.com and rebranding all of the website and content in a short space of time. It has been an exciting 18 months and the best is yet to come.

What do you enjoy the most about working in fashion?
I love all aspects of fashion – from the incredible talent of the designers behind the collection, to the beautiful product that is created to the editorial stories we pull together from the collections we stock.  It is fast moving, exciting and inspiring.

What made you choose English as your degree, and what was your best experience whilst at Uni?
I have always been passionate about writing and would love writing essays at school and sixth form college. There is something about story telling that is very exciting to me and so there was really no other degree that I would have considered, other than fashion journalism. University was wonderful and I loved meeting great friends, learning new skills and knowing that I was preparing myself for a future in journalism. I couldn’t wait to get started!

Do you have any advice for students on how to stay creative and keep coming up with new ideas?
Read as much as possible – the news, websites, blogs, fashion commentary, magazines. Arm yourself with information and never think that you know it all. I am learning new skills every day and that triggers ideas in my mind for new ideas. Never plagiarise, always be original and stick to your passions rather than follow the pack. Then you will have the potential to be hugely successful!

Do you have any motivational words for students aspiring to make it in this very competitive industry?
Take on as much work experience as possible and when you are in a company doing a placement or internship, throw yourself into the role and make yourself indispensable. That is what I did and two months later I was offered a full time job. Never say no, always say yes to whatever task is given to you and your positive attitude and can-do nature will go a long way in impressing the right people.

What key skills do you need to get into fashion?
Great personal taste, passion for the subject you are working on and digital knowledge. Nowhere is purely print these days, so digital skills are a necessity for being a future fashion leader.

If you could go back and give yourself one piece of advice whilst you were a student, what would it be?
I used to have to read a whole pile of books every week yet I never allowed myself enough time to really enjoy them. I would have told my younger self to enjoy the time I had and to absorb the literature I was reading, rather than racing through it all. I never have any time these days to read a good book, so that was my perfect opportunity.