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Thursday, November 4, 2010

The European Investment Bank





We offer the most powerful tools available for getting you on Wall Street.The EIB offers the opportunity to work for Europe in a truly international environment. The Bank's mission and the diversity of cultures, languages and professional backgrounds of its staff make it a dynamic and exciting place to work.

The European Investment Bank (EIB), based in Luxembourg, is recruiting staff for the posts detailed on the Professional and Managerial, Administrative/secretarial and on the General Internships pages.

The Bank’s working languages are English and French. Jobs generally require an excellent knowledge of English and/or French and good command of the other. Your application should, therefore, be submitted either in English or in French.

Before you complete a job application, read the requirements of the job you want to apply for carefully. Only candidates who meet such requirements can be considered.

This site contains information on how to apply and what it is like to work for the European Investment Bank.

As ex-investment banking analysts and associates for major investment banks, we know exactly what you need to know to succeed in your interviews. Please take some time to view our investment banking books and information.Boy have Wall Street Advisors and Roberto Milk ever put together a wonderful resource. You can buy the book from their website that is 57 densely packed pages chock full of crucial information. It gives you more than just hints. It takes a look at the real world of business and examines how the 'tightly shut doors of Wall Street corporate finance' operate. It's a must for anyone who wants to learn more about, and be savvy in the world of investment banking. -- Judy Rosemarin, Career Editor, "New Grads, Now What?", New York Post.
Investment banking isn't one specific service or function. It is an umbrella term for a range of activities: underwriting, selling, and trading securities (stocks and bonds); providing financial advisory services, such as mergers and acquisition advice; and managing assets. Investment banks offer these services to companies, governments, non-profit institutions, and individuals


Investment bankers advise their clients on high level issues of financial organization. They manage the issuance of bonds, recommend and execute strategies for taking over and merging with other companies, and handle selling a company’s stock to the public. The work thus involves lots of financial analysis, and a strong background in finance and economics is a necessity. Personal and strategic skills are vital to investment bankers as well, for they serve as strategists for their clients, helping them develop their financial plans as well as implement them. At the profession’s highest level, investment bankers serve as crucial figures in the shaping of the American and world economies, managing mergers of multibillion-dollar corporations and handling the privatization of government assets around the world. All this is time consuming, and investment bankers work long hours. Work weeks of 70 hours or more are common, and all night sessions before deals close are the rule rather than the exception. Still, the work is extremely interesting, and those who stay in the profession report high levels of job satisfaction. Investment bankers spend large amounts of time traveling, to pitch ideas to prospective and current clients or to examine the facilities of companies being purchased by their clients. In the office, they spend their time developing strategies to pitch to clients, preparing financial analyses and documents, or working with the sales forces of their banks in selling the bonds and stocks which are created by the investment-banking department’s activities.
Paying Your Dues
In general, an M.B.A., requiring two years of post-college study, is required to rise in the field, though entry-level jobs in analyst programs are available to college graduates who want experience in the profession. Analysts perform much of the grunt computer crunching required in preparing financial proposals, though they often travel to sit in on meetings with clients and sessions in which senior bankers pitch ideas to prospective customers. After two years, analysts usually move on, either to business school or to another profession, though a few are offered jobs as associates, the position which investment banks offer to M.B.A. holders. In many banks, this is as far as one can rise without an M.B.A., though there are exceptions, and a few prominent bankers never went to business school.
Associated Careers
Most commonly, investment bankers who leave the profession go on to financial jobs in-house with a client of their former banking firm, as financial officers and analysts. It is also not uncommon for bankers to move on to management consulting, a field which demands many similar skills. Some bankers get law degrees and become specialists in financial and corporate law, while lawyers sometimes leave their firms to become investment bankers. Bankers who have become sufficiently established, with clients who trust them and reputations for expertise in their fields, can become entrepreneurs, leaving their firms to set up their own investment banks.


The intensely competitive, action-oriented, profit-hungry world of investment banking can seem like a larger-than-life place where deals are done and fortunes are made. In fact, it's a great place to learn the ins and outs of corporate finance and pick up analytical skills that will remain useful throughout your business career. But investment banking has a very steep learning curve, and chances are you'll start off in a job where the duties are more Working Girl than Wall Street.

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