ABN AMRO
Takeover
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ABN AMRO is now owned by RBS, Santander and the Dutch government. Hiring is now handled by each, not ABN AMRO. |
ABN AMRO Profile
[Edit]ABN AMRO was a highly regarded international banking group which employs over 17,000 people and operates in nearly 50 countries worldwide. The company generates revenues of over €5 billion each year.
Graduate Training
[Edit]ABN AMRO runs a Graduate Development Programme for all new trainees. This starts with a general six-week course at the firm's Academy in Amsterdam and concludes with a series of rotational placements based on your chosen business area. The Graduate Development Programme offers opportunities within the following business areas: Corporate Finance; Equity Capital Markets; Finance & Accounting; Financial Markets, Risk Management and Technology.
After this programme, you will join a desk on a permanent basis. When assigned to a desk, you may in fact join an Analyst pool, where you could be involved in conducting company research, building models or preparing and presenting pitch books and reports.
The Graduate Development Programme is tough, and graduates should be prepared to work hard. 'Internships
[Edit]ABN AMRO offers 20 internships for their UK offices and 50 for their other European offices (Amsterdam and Paris) each year.
Internships are available across all business areas and last from two months to six months. Applications are welcome from undergraduates in their penultimate year of study with a minimum of 24 (300) UCAS points or the overseas equivalent and the expectation/achievement of at least a 2:1 degree.
ABN AMRO Application Process
Applying to ABN AMRO
(see also ABN AMRO interview questions)Application Requirements
Graduates form any degree discipline are considered for ABN AMRO, but should have achieved a minimum of a 2.1 at degree level. The firm are looking for tenacious, ambitious and intelligent graduates who can clearly demonstrate teamworking skills. A keen interest in the dynamics of banking and international finance is also essential. The firm hire approximately 100 graduates each year, but competition is fierce. The firm may receive anywhere up to 10,000 applications.
Application Procedure
Graduates should apply to ABN AMRO via the firm's website. For positions in London, the firm accept applications from September onwards. The selection process then takes place between October and January. Applications are considered chronologically, so candidates should aim to apply as early as possible.
The selection process consists of the following:
- First stage:
- Numerical reasoning & verbal reasoning tests
- First interview
- Second stage:
- Interview with senior line manager
- Reasoning interview (responses to hypothetical situations)
- Case study
- Group exercise
ABN AMRO Interview Questions
Application and Interview Process
[Edit]- First stage:
- Numerical reasoning & verbal reasoning tests
- First interview
- Second stage:
- Interview with senior line manager
- Reasoning interview (responses to hypothetical situations)
- Case study
- Group exercise
Interview Questions
[Edit]First Stage
[Edit]Reasoning Tests
The ABN AMRO reasoning test is not your standard SHL or PSL test, although it is fairly similar. It is a numerical reasoning test which incorporates verbal reasoning and gets progressively harder from start to finish. To make things harder you are marked according to your accuracy as well as for right answers.
You will need a score of at least 14 to pass this test and if you are successful at this stage, you will be asked to stay behind and attend a competency based interview on the same day.
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