Post Graduate Programme (PGP) at ISB: A Gateway to Investment Banking

Yes, one can definitely get into investment banking after completing a Post Graduate Programme (PGP) from the Indian School of Business (ISB). ISB is widely recognized in the finance sector, and many of its PGP graduates successfully secure positions in the investment banking industry. This article delves into the key factors that can help you achieve this goal.

Reputation and Network

ISB's strong reputation and extensive alumni network in investment banking and finance provide a significant advantage. These connections can help in securing interviews and job placements. The university's well-established network allows students to build relationships with potential employers, increasing their chances of landing a role post-graduation.

Curriculum

The PGP program at ISB is designed to provide relevant education to students aspiring to enter investment banking. Coursework covers essential topics such as corporate finance, financial modeling, and valuation. These subjects are crucial for a career in investment banking and prepare students with the necessary skills for the industry.

Internships

Many ISB students take advantage of internships in investment banking during their course. Internships not only provide valuable practical experience but also enhance their chances of securing a full-time role after graduation. Companies often look for students who have already gained some industry exposure through internships.

Recruitment Events

ISB hosts recruitment events where top investment banks visit the campus to hire graduates. These events offer an excellent opportunity to network and secure interviews. Attending these events and making strong connections can significantly increase your chances of getting a job in investment banking after graduation.

Preparation and Prior Experience

To succeed in investment banking, thorough preparation is crucial. Students should understand financial concepts, practice case studies, and hone their analytical skills. Previous experience in finance, consulting, or related fields can be helpful, but ISB also attracts a diverse range of candidates from various backgrounds. It's important to leverage any relevant experience you have to your advantage.

Personal Grit and Tenacity

While there is no guaranteed path to investment banking, a strong foundation from ISB, combined with consistent effort and determination, can set you on the right track. Success stories from my friends at ISB illustrate that even those with non-IB backgrounds, such as a Master of Accounting or a CA with significant industry experience, can secure investment banking roles. This is particularly true when candidates display significant effort, commitment, and a relentless pursuit of opportunities.

A few examples include a candidate with six years of experience in due diligence at Big4 accounting firms who landed a front-end IB role in Mumbai after a lengthy process, and another with three to four years of experience in accounting who secured a prestigious IB role after diligently following up with multiple firms. These stories highlight the importance of grit, tenacity, and continuous effort in the job search process.

While it is challenging to get an IB role at ISB after a non-IB background of more than three to four years, a solid base in finance and the right conditions can lead to success. Outstanding academics can also compensate for other shortcomings, such as a CA rank or solid CGPA.

ISB equips students with the knowledge and skills necessary for a career in investment banking. With the right network, preparation, and persistence, graduates can leverage the opportunities provided by the school and pursue successful careers in the industry.