Careers

I graduated two years ago. Can I still apply for the graduate training programs?

No, you must have graduated from your most recent degree course within the past 12 months. Analyst candidates typically are graduating with an undergraduate or masters degree and Associate candidates are receiving their MBA.

 

When will Deutsche Bank be visiting my campus?

Please visit the 'Recruiting Events Calendar' section of this site to find out when we will be at your university campus.

If Deutsche Bank does not come to my campus will my application still be considered?

Yes, we have certain target universities at which we actively market ourselves, but all applications are considered. You may apply via our online application form.

 

What are the basic skill sets and/or qualifications you look for in an Intern and/or Analyst/Associate?

While skills requirements vary depending upon the position that you are seeking, some general qualifications include; a strong and consistent academic background, solid quantitative skills as well as evidence of personal motivation and ambition. Other skills integral to being successful at Deutsche Bank include a sense of entrepreneurialism, the ability to work in a team and a desire to learn. Finally, a proven interest in the financial sector either via work experience in the sector or study is highly regarded. Please see the program you are interested in applying to for the specific requirements of that position.

 

Does Deutsche Bank only hire candidates with finance degrees?

Not necessarily. We recruit intelligent, dynamic and focused graduates who we feel will be able to excel in the investment banking field. A financial or mathematical background is not a pre-requisite for a successful application, although you must be numerically competent. Our comprehensive training programs cover much of the financial knowledge required and prepare successful Associates and Analysts for their careers within Deutsche Bank.

When can I apply for an Internship/full-time position?

Please revert to the program you are interested in applying to for specific details on regional and divisional application deadline dates.

 

When do the Internships run to and from?

The dates and lengths of the Internships differ across regions and programs. In London, New York, Singapore and Hong Kong, for example, most Internships run for six to ten weeks between June and September. However, in Frankfurt, Internships may last up to six months and take place at any time of the year. Please see the Internship you are interested in applying to for specific dates and lengths.

 

What offices do you actively recruit for?

Please see the program you are interested in applying for, e.g. Associate/Analyst/Intern, for details on locations and hiring needs.

Where will I be based?

You should indicate which region you wish to work in during the application process. The city of employment within that region is often decided upon, or at least discussed, during the interview period. Through the training program occasionally the issue is revisited if there is a need to manage the needs of each particular city at that time as well as your personal preferences.

 

Does Deutsche Bank assist in obtaining my visa?

In most regions, yes. You are responsible for ensuring that the application is complete and done in a timely fashion. Should you prove successful in your interviews with Deutsche Bank and receive an offer, we ask that you commence discussions regarding any visa issues with the recruiter immediately so that the proper steps are taken.

Is a career with an investment bank right for you?

Firstly, you should research the industry and consider whether a career in investment banking is the right choice for you. Take a look at the 'How to prepare' section for tips on how best to do this. You shouldn't go into banking just for the money, the lifestyle is too demanding. To excel in this world, you will need to enjoy the work as much as the rewards.

How to decide which area of investment banking to join?

Investment banking isn't one specific service or function. It's an umbrella term for a range of financial activities. At Deutsche Bank these activities are grouped into divisions, each of which offer different opportunities for graduates depending on your qualifications, skills, likes and dislikes and career aspirations. Research these areas thoroughly before making your decision as to where you want to apply.
[more about our recruiting divisions]

Firstly, talk to investment bank employees. You can do this by attending presentations and campus events. Find out where you can meet Deutsche Bank representatives by visiting our 'Events' section. When you go, make sure you talk to the business representatives, ask them questions and make an impression. Attending one of our campus events will give you the best insight into our company and culture.

At any university, the best sources of information are people who have spent an internship at an investment bank. Your alumni network will also provide useful information. Career guides and the profiles in the 'Meet our People' section of this site are also both excellent sources of information.

Competition is fierce and you'll need to be resourceful and persistent. Doing an internship in an investment bank is the best possible way of finding out if banking and the division you've chosen is right for you, as well as giving you a foot in the door.

Once you have gathered as much information as possible from different sources, both about the industry and Deutsche Bank, you're ready to prepare for the online application.
[online application]

Does Deutsche Bank hire PhD candidates or non-MBA masters candidates?

While the bulk of our candidates for the Associate and Analyst programs are either undergraduates or MBAs, there are occasionally areas which require a more specific skill set or background accumulated via PhD or masters degree. Masters gradates join the Analyst Training Program. PhDs will either enter at Analyst or Associate level, depending on the relevance of their studies to banking and previous work experience.

 

What is the recruitment procedure?

In general, Deutsche recruits on campus for opportunities in the United States, Europe, Asia and Japan. Candidates are selected based on academic record, level of interest in Deutsche Bank and work experience. Prior experience in the financial services industry is preferred but not required. However, we also accept applications from universities where we do not recruit on campus. All applicants must complete the online application form to be considered.

The interview process differs across divisions and regions, however, it will typically commence with a first round interview and in some regions candidates may also take part in a meeting at an assessment center. This may be a panel interview and candidates may also be asked to take a numerical or diagrammatic test, or participate in a case study. Applicants will be informed of their particular interview process prior to the interview.

Our interviews are competency based. This means the interviews attempt to highlight the candidate's aptitude for the positions the bank is seeking to fill. They will be asked to show how their experiences demonstrate these competencies. If there are any questions concerning this process, candidates are advised to contact their regional graduate recruitment department.[KL30]

When to apply?

The application timetable varies by region and by position. For example, we accept applications for UK Internship and Associate and Analyst positions from September 1, while we accept applications for positions in Germany year-round. Please see the program you wish to apply to for more details.

Can I apply to more than one area?

If possible, we ask you to decide which division you believe will be right for you by investigating the type of job you would like to do before you apply. To assist with your career research, we recommend you read carefully the overviews of the divisions and the program descriptions, as well as taking a look at our employee profiles under 'Meet our People'.

 

Can I send a hard copy of my resume directly to a HR person instead of applying online?

All of our candidate application flow is managed through our online system. Therefore, we prefer you apply via it. The online system sends your application directly to the recruiter responsible for the area to which you are applying. We appreciate your attention to this process and welcome your feedback.

 

What should a candidate expect in a typical interview?

Be prepared to tell us why you are right for Deutsche Bank and why Deutsche Bank is right for you. If you are serious about an investment banking career, we understand that you will be talking to a lot of firms. But you should understand how Deutsche Bank differs from other financial institutions, and why the particular division to which you are applying is more suitable for you than another, similar job in the industry.

We will also expect you to have done your homework about Deutsche Bank and the investment banking industry. Your willingness to do your homework now is a good indicator for us of the type of employee you will be in the future.

We will expect you to demonstrate an understanding of the role you are applying to and the work you would undertake. You won't be expected to perform quantitative Olympics at a derivatives trader level, but you should be familiar with the basic concepts of valuation. For a role in sales and trading, demonstrate your ability to persuade. For a position in corporate finance or research, you will need to understand financial markets and have a grasp of the basic tools of financial analysis. If you are applying to a role in a non-finance oriented division tell us why you want to work in the financial services industry versus other industries.

How to prepare for the interview?

You've secured the interview, read the brochures, surfed the Web and talked to alums working in Deutsche Bank. How do you ensure a successful interview? The same way you'd go about doing the job once you're there: With careful preparation, research and attention to detail.

The first step in any successful job search is research. Not only do you need to know about the position and division you'll be interviewing for, you also need to know about who we are as a company, our characteristics, some of our history and what differentiates Deutsche Bank from the other institutions in our industry. Why? Because you need to convince your interviewer that you are the perfect person for Deutsche Bank as well as that particular role. It is as important for you to feel comfortable with Deutsche Bank, as it is for us to feel comfortable with you.

If you haven't done so already, try to get a hold of our annual report and read it. We're not going to ask you about the details, but you should have a general understanding of how we performed last year. A lot of companies claim to be "global" but we really are. Deutsche Bank operates in 76 countries. You can get all the basic facts and figures from our annual report and impress your interviewer with your knowledge of the company's business mix.

Check out what the press has to say about us and review our press releases on the website, particularly for your division. Press releases and articles will tell you about our most recent initiatives, organizational changes, deals and other successes. You will get a good idea of the areas of our business that we are looking to expand and an insight into our growth strategy.

What are the most effective way for a candidate to follow up after an interview?

Before you leave, ask your interviewer what the next step is and when you can expect a response. It's a good idea to get a contact number and ask if you can call. If you haven't heard within the stated timeframe, make a follow-up call or send a well-worded email.

A thank you email is another indicator that you really want this job and therefore took the time to acknowledge the people you met. Many of the people you'll meet during your interview are full-time employees in our various divisions. They take time out from their busy schedules to meet and speak to you.