The new investment banking analysts are arriving. We have it on good authority that new analysts started at Nomura this week, following on from the classes of 2015 joining the likes of Goldman Sachs, J.P. Morgan and Morgan Stanley this month.
Like the first day of school, newbie analysts want to know what it takes to impress. This means looking the part. New analysts have been consulting the HR teams, each other and the occasional ‘seasoned’ analysts – think two years’ experience – on what they should wear. Really. This is the list we’ve ascertained for male interns:
- No facial hair – definitely no beards, not even ‘George Michael’ stubble.
- No black shirts; apparently this needed to be spelled out.
- No patterned shirts. No checks, no stripes. Think, barely visible, stripes may be acceptable.
- The only rule with ties is that you have to wear one. Freedom.
- Hair cannot, repeat cannot, be too long. If it touches the collar, get a cut.
- The cufflink debate: Do only senior bankers wear cufflinks? Popular opinion suggests that five years’ experience is an ‘acceptable’ level of experience to graduate up from buttons.
Related articles:
How to become a top ranked analyst in an investment bankHow do you become a top ranked analyst in your first, second or third year of investment banking? Like this, say those who've been there.
The best industry for swapping into banking mid-careerYou want to work in banking. But you're not a university student or MBA graduate. Here's another route in.
What exactly is an assistant vice president at Barclays investment bank?An AVP job title at Barclays is not what it seems.
“I applied for 2,000 jobs before getting directly into private equity”So you want to work in private equity (PE) straight out of university? You’ll be lucky. The traditional route into private equity involves doing your time at a top investment...