With Barclays being one of the top investment banks in the world, their prestigious internship program is highly coveted by students each year. As the 2023 application season kicks off, many are eager to land a coveted Barclays internship spot. This process requires careful preparation and strategic planning. From networking with current employees to polishing your resume and interview skills, putting your best foot forward is essential. Utilizing provided insight articles can help you understand key dates, divisions, application components and interview topics to strengthen your candidacy when vying for the competitive Barclays investment bank internship 2023. Doing so will equip you to submit a compelling application and interview successfully.
Networking is vital to learn insider tips and make connections
One of the most valuable ways to boost your Barclays application is by networking with current analysts, associates and other employees. This allows you to gain insider knowledge on the firm’s culture, ideal candidate attributes, timeline and preparations. Connecting early on LinkedIn is prudent, as is participating in Barclays networking events and info sessions when possible. This facilitates relationship building with employees who could potentially refer your resume directly to recruiters later on. Informal conversations also provide opportunities to inquire about the interview process, allowing you to gather intel on commonly asked questions and technical skills tested.
Resumes should highlight relevant coursework, skills and experience
When applying for Barclays investment banking internships, your resume needs to emphasize finance aptitude and compatibility with the role. This entails listing relevant coursework like accounting, financial modeling, valuations and statistics. Include Excel, PowerPoint, business writing and research skills in your core competencies section. Highlight group projects displaying teamwork, analysis and problem solving. Internships or work in finance, even if administrative, are looked upon favorably. For leadership, detail campus club roles and volunteering. Ensure your resume conveys strong technical ability, communication skills and genuine interest.
Division preferences and locations should align with your goals
Barclays has corporate banking, investment banking, markets and solutions divisions, so be sure your interests and aspirations align with the specific division you apply for. Think carefully about what you want to gain from the experience and where you hope to be long-term before selecting groups and locations. Barclays has a strong presence in global hubs like New York, London, Hong Kong and Singapore. Research each city thoroughly so your cover letter convincingly explains why that particular office appeals to you for the summer or beyond.
Practice mock interviews using common technical and behavioral questions
Once resumes are screened, Barclays conducts one or more rigorous interview rounds including technical finance questions, brainteasers and behavioral prompts. Common technical topics cover accounting, valuation, Excel modeling, discounted cash flows, trading, mergers and current market developments. Study these concepts thoroughly and practice explaining them clearly and concisely under mock interview conditions. Expect behavioral questions on your motivations for Barclays, greatest strengths, how you overcame obstacles and dealt with difficult team members. Prepare illustrative stories demonstrating desired qualities.
Submit polished applications by the deadline for full consideration
Make sure your resume, cover letters, transcripts, test scores and other required elements are error-free before submitting them. Proofread everything multiple times and have mentors review your materials. Meet all application requirements and deadlines to ensure your candidacy receives full, timely consideration. Late or incomplete applications are often discarded quickly during competitive recruiting seasons. Once submitted, follow up politely if you do not receive confirmation of receipt within two weeks. This shows interest and initiative setting you apart.
Gaining a Barclays investment banking internship takes thorough preparation, strategic planning and impeccable execution. Utilize provided insights to understand timelines, requirements and processes. Network extensively, perfect your resume, practice technical and behavioral interview questions, then submit polished, complete applications by the specified deadlines. This diligent approach can help you secure one of the coveted Barclays internship roles, providing a pipeline to a full-time position.