Investment banking recruiting is a process of elimination, not selection. Bankers don't read resumes to find reasons to hire you; they scan them for 30 seconds to find reasons to ding you. Your resume has one job: survive that initial scan by looking exactly like what a burned-out analyst expects to see.
If your font is too creative, your bullets are too vague, or your formatting is even slightly off, you will be rejected before anyone reads a word about your internship.
The Only Format That Works (The "Gold Standard")
Forget everything career services told you about "standing out" with design. In finance, standing out visually is a negative signal.
The Non-Negotiables:
- Length: One page. Period. No exceptions.
- Margins: 0.5" to 0.75" on all sides
- Font: Times New Roman or Garamond, size 10-11pt
- Structure: Header → Education → Work Experience → Skills & Interests
Section 1: Education (The Anchor)
For students and recent grads, Education goes at the top. This is where bankers look first.
- GPA: If it's 3.5 or above, bold it. If below 3.0, you have a major problem.
- Test Scores: If you have a 1500+ SAT or 34+ ACT, keep it. Bankers love standardized metrics.
- Relevant Coursework: List 4-6 finance/accounting classes.
Section 2: Work Experience (The Bullet Point Formula)
This is where 90% of candidates fail. Most students list responsibilities. Bankers want to see impact.
The Perfect Bullet Formula: [Action Verb] + [Context/Task] + [Quantified Result]
Before (Weak): - Researched potential acquisition targets for a client in the tech sector - Helped creating pitch decks for client meetings
After (Strong): - Screened 50+ potential acquisition targets in the SaaS sector based on EBITDA margins and recurring revenue, identifying 3 high-priority targets - Developed 15-slide management presentation for a $20M Series B fundraise, including market sizing and pro forma projections
Key Rules: - No "Assisted" or "Helped"—use Constructed, Evaluated, Spearheaded, Modeled, Executed - Quantify everything. If you don't have exact numbers, estimate conservatively.
Section 3: Skills & Interests (The "Airport Test")
The "Airport Test" is simple: If I'm stuck with you at O'Hare for 4 hours during a flight delay, will I be miserable?
- Be Specific: "Travel" is boring. "Backpacking through 4 countries in Southeast Asia" is a conversation starter.
- The Golden Rule: If you list it, you must be able to talk about it for 5 minutes.
10 Resume Mistakes That Kill Your Chances
- Typos: One typo = ding. Investment banking requires extreme attention to detail.
- Inconsistent Dates: Using "Jan 2023" in one place and "January 2023" in another.
- No GPA: Bankers assume it's sub-3.0 if you hide it.
- Bad Margins: Making margins 0.2" to cram text in.
- Fluff Skills: Listing "Leadership" or "Microsoft Word" as skills.
- Photo: Never put your photo on a US finance resume.
- Summary/Objective: Delete it. Your objective is obviously to get the job.
- Colored Text: Black and white only.
- Gaps in Timeline: Explain gaps or format dates to minimize them.
- Lying: If you say you "Built an LBO model," you will be asked to walk through it.
Final Step: The "Fresh Eyes" Review
You've looked at your resume for 10 hours; you are now blind to your own errors. You need a second pair of eyes—specifically, eyes that have screened thousands of these before.
Don't let a formatting error be the reason you miss out on a $110K starting salary. Get a Professional Resume Review from finance professionals who catch what you miss.
Ready to master the technical questions? Check out our IB Technical Interview Guide.