What knowledge do investment banks, private placement, consulting and Big Four need? How can they get in?

Several jobs need people's comprehensive quality. Let's start with the simplest.

The Big Four recruit the most people every year, mainly requiring this person to be good at English, and more importantly, to have a good personality, be cautious and be able to withstand loneliness. Audit work is boring and mechanical, so many people just use this job as a springboard, and few of them stick to it for a long time. Undergraduate and graduate students have the same starting point, but the salary is slightly different (300 yuan per month). They graduated from a prestigious school with more than 265,438+065,438+0, passed the English exam, and chatted with the managing partner, making them feel that you are really qualified to be an auditor.

There are many categories of consulting industry, such as financial consulting and human resources consulting, which mainly provide consulting advice for the development of a certain department of an enterprise. The intermediate level is the research type of market research and industry research, mainly producing research reports, and the advanced level is strategic consulting. It is relatively simple to conduct comprehensive investigation and analysis, plan development strategy, financial research and human resources research. Ordinary graduate students or undergraduates from excellent schools can enter, and their professional background meets the requirements to be consulting assistants, and then do consulting. Industry consultation and strategic consultation are very demanding. Good consulting companies generally don't want undergraduates from non-prestigious schools. It is better after MBA, and they don't need to be assistants after they join the job. If you have relevant industry experience (famous enterprises are better), you will get higher scores;

There are many kinds of investment banking departments. Generally speaking, we mainly talk about two departments, business underwriting department and research department. Foreign investment banks need excellent master graduates. After the resumption of diplomatic relations with Beiqing, business schools are even better. Turtles generally only need a few prestigious schools, while CICC and BOC have slightly lower requirements. Brokers sometimes consider recruiting students from other 985 schools. CICPA has extra points, and relevant internship experience has extra points. The research department prefers to meet the background, and bachelor of engineering+master of finance is the best. The academic threshold is also 985 graduate students, CFA plus points, internship plus points.

Private placement (PE, VC) is characterized by less people and more money. Generally, there is no need for fresh graduates, unless there are internal promotions or excellent students. Most of the practitioners are experienced people who have been in the financial circle for many years, or industry elites and managers of audit firms.

I hope these are helpful to you, and I wish you success in your job search.