INDUSTRY SECTORS
Investment Banking and Investment Management I
nvestment management involves safeguarding and maximising investments on behalf of institutions, corporations or individuals. Graduates usually work in investment divisions of investment banks or for fund management firms, also known as asset management companies. Investment banking activities occur on three levels – front office (financing, sales, trading, research), middle office (risk management, strategy, compliance), and back office (operations and technology). Fresh graduates can apply for positions in all three offices of an investment bank or try for smaller boutique or brokerage firms.
Job-hunting tips
You’ll need…
Work experience
• Numeracy skills • To be highly adaptable • Good interpersonal skills • To be highly motivated
Types of employers • Investment banks • Fund promoters • Fund managers • Fund administrators
Types of jobs • Research analysts • Portfolio managers • Client relationship/client services managers • Fund administrators • Accountants • Support functions
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directory 2022
• Investment banks typically conduct on-campus recruitment once or twice a year, so keep your eyes peeled!
Did you know?
• Contrary to popular belief, you don’t necessarily need a business or finance degree to work in investment management. What’s most important are your relevant transferable skills and interest in the markets
Investment banks and institutions also value graduates with backgrounds in engineering and computer science. This dynamic sector hires graduates from a variety of fields.
• Most graduates start their career in this sector as financial analysts, so conduct some research on that role beforehand to figure out how you can meet employers’ needs
Investment banks and funds industry organisations often use formal internships as part of their recruitment process, which can put you in a stronger position to be recruited by that employer. There are also some who only hire through internship conversion.
Most popular employers 1. DBS Bank
Deadlines
2. J.P. Morgan
Application deadlines tend to fall in the second half of the year. Check employers’ websites for specific details.
3. Goldman Sachs 4. OCBC Bank 5. Morgan Stanley 6. Barclays Bank PLC 7. Citi Singapore 8. Maybank 9. Bank of America Merrill Lynch 10.Government of Singapore Investment Corporation (GIC) Source: Singapore Graduate Barometer 2021 edition
