Careers in finance Investment banking

Investment banking

Advising companies on deals: buying businesses, raising money and listing on the stock market.

What the job is

Investment bankers advise companies, investors and governments on their biggest money decisions - buying another company, raising money from investors, or listing on the stock market. Work runs in long projects with tight deadlines, and analysts do the research, the models and the materials the advice is built on.

A day in the role

  • Build and check the numbers behind a deal - the model, the charts, the comparisons
  • Put together client presentations with your team
  • Research a company or a market and summarise what matters
  • Expect long days, and much longer ones when a deal is live

Skills that matter

  • Attention to detail - bankers notice the small errors first
  • Excel and financial modelling
  • Commercial awareness: a view on real deals
  • Resilience and stamina

Typical routes in

  • Spring week in first year, or in sixth form for some programmes
  • Summer internship in your penultimate year - the main route to a graduate offer
  • Degree apprenticeship straight from sixth form
  • Graduate analyst role after university

Live investment banking roles on onTime

The most recent live roles from the onTime tracker. See every role

2027 M&A Internship - Denmark
Lazard · UK · rolling
Apply on the firm's site
2027-2028 London Financial Advisory Industrial Placement
Lazard · UK · rolling
Apply on the firm's site
2027 Commercial & Investment Banking - Innovation Development Program - Full-Time Analyst - London
J.P. Morgan · UK · rolling
Apply on the firm's site

How onDesk helps

For sixth formers

Sixth Form: guides Years 12-13 through choosing a route and applying.

See the programme

For university students

University: one recruitment cycle of coaching - targets, role knowledge, applications and interviews.

See the programme

Investment banking: common questions

How much do investment banking analysts earn in the UK?
At top banks in London, a first-year analyst's base salary is typically £50,000-£70,000+, with bonuses on top. Pay varies by firm, role and location. onDesk does not guarantee any job or salary.
Can you get into investment banking from sixth form?
Yes - through spring weeks and degree apprenticeships, though most analysts join after a degree. Applications for the university routes start in your first year, so the groundwork happens earlier than most students expect.
What degree do you need for investment banking?
Any discipline. Banks hire economists, historians, engineers and scientists. What matters is the evidence: applications, online tests, interviews and commercial awareness.
How competitive is investment banking?
Very. Top banks receive thousands of applications for a few hundred places, and the deadlines are among the earliest in any industry. Preparation is what separates the successful applicants.

Other areas we coach

Investment banking

Advising companies on deals: buying businesses, raising money and listing on the stock market.

Suited to students who are organised, resilient and happy to be pushed hard on detail.

£50,000-£70,000+ base - PrepLounge, 2026

Learn more

Sales and trading

Buying and selling financial products for clients, pricing risk in real time.

Suited to students who like fast decisions, following the markets and being measured on results.
Learn more

Quant and trading firms

Using maths, statistics and code to price products and find trading edges.

Suited to students who enjoy maths, probability and writing code to solve problems.
Learn more

Asset management

Investing clients' money for the long term across shares, bonds and funds.

Suited to students who like research, long-term thinking and forming your own view.
Learn more

Risk

Measuring and limiting what a firm could lose, before it happens.

Suited to students who like numbers, rules and thinking carefully about what could go wrong.
Learn more

Pay varies by firm, role and location. onDesk does not guarantee any job or salary.

Not sure which is for you? Take the free 15-minute skills check

Start the check

Start with a free call.

No cost, no obligation. We listen, you ask anything, and we are straight with you about what is realistic.

Book a free call →

Prefer to start straight away? Compare programmes →