Investment banking – not only about transactions and late hours

Lisa K. Andersson tells us how the first couple of days was for the newly recruited juniors in Stockholm, Markets Investment Banking.

In late August, thirty of Nordea Markets Investment Banking’s (MIB) newly recruited juniors all gathered in Stockholm for a two day on-boarding with the aim to make them more familiar with the organization as well as to develop their professional and social network. It was two both educational and fun days but also a well-deserved break for our hard working bankers.

This was the second year of the on-boarding which is an introduction to MIB Academy, a programme which all Analysts that has joined IB within the last year automatically becomes a part of. The participants were equally represented from IB’s two divisions, Advisory and DCM, joining from Finland, Denmark, Norway and Sweden. Since IB operates on a pan-Nordic level it is important that the Analysts, who might not travel as frequently as their senior colleagues, still get the chance to meet each other under less formal circumstances to get to exchange experiences.

Day 1 was mainly focused on the organization where the Analysts were welcomed by the project team following an introduction held by Head of IB Svante Andreen. Svante, speaking from several years of experience within Nordea and investment banking overall, gave advice and answered questions about what a career at IB might imply. Then an introduction to FICC by Harald Löfgren followed where he chose to focus on the increased collaboration and the common goals of MIB and FICC, an initiative he was quite passionate about. It was an inspiring presentations resulting in several questions by the audience.

As the majority of the participants had arrived with early flights, lunch could not be more appropriate and the participants got a chance to talk to each other and have a look around at our head office in Stockholm. After an enjoyable lunch and with some new gained energy it was time to gather for the next presentation, focusing on motivation and setting goals by no other than former Swedish tennis stars Nicklas Kulti and Mikael Tillström from Good to Great (a professional tennis academy). It was inspirational and very interesting to hear how important motivation and a strong mindset are, not only in sport but also at work and in our daily life. Besides, hearing some inside scoop about other world known tennis stars was quite amusing. Last but not least was Head of Equity Martin Persson who gave us an introduction to Equities as well to how they and IB collaborate. It was very interesting to hear since IB does several transactions together with Martin and his team.

After an inspirational day we packed up our things and got on the bus transporting us to Gåshaga, a small harbor outside the city where three sailing boats waited. What was not to like; great company, nice weather and fellow colleagues as competitive as you. Even though the wind could have been better it was a tight race finishing a couple of hours later at our destination, Grinda, which is an island in the Stockholm archipelago. The evening continued with dinner and drinks and it was a quite tired but happy group who met up at breakfast the day after.

Starting day 2 with a more informal and humoristic presentations in IB Survival Tactics was much appreciated even though the early hour.  Having two Associates participating was a nice way for everyone to getting the chance to small talk during the day what to expect from a career within investment banking.

However, staying inside was not an option this sunny Thursday as day 2 was more focused on social activities. While half the group enjoyed the archipelago in a fast and bumpy way (by RIB boat) the other half got to practice their accurate firing by competing in laser clay shooting. Finishing up with a delicate lunch outside it was time for us to go home and back to reality.

To sum up, it was two intense but great days to meet and great with fellow colleagues!

– Lisa K. Andersson

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