(also see Macquarie interview questions and Macquarie application process)
Macquarie is an Australian investment bank based in Sydney, with an international banking presence. Macquarie act on behalf of a range of institutional, corporate and retail clients and counterparties. The firm was founded in 1969, operates in 25 countries and employs more than 13,000 people.
Macquarie has been active in Europe since the late 1980s. The firm's European headquarters are in London, where there are more than 1,000 executives. The firm also has offices in Austria, Germany, Ireland, Italy and Switzerland, and global offices in New Zealand, Asia, Africa and the Americas.
Outside of Europe Macquarie has diversified and provides a range of financial services in Asia, Australia and New Zealand. Its focus in Europe is more selective.
Macquarie's expanding international presence means that graduate employees have the potential to work in Macquarie offices all around the world.
Macquarie have six key goals and values: integrity, client commitment, striving for profitability, fulfilment for our people, teamwork and the highest standards.
The Macquarie Group Foundation funds programs that benefit the entire community in areas of education, arts, health research, health care, welfare and the environment. Recently, the Foundation introduced Macquarie Giving, an initiative that enables staff to donate to charities on a committed regular basis and bring benefits to the wider community through regular deductions from employee's salaries.
When they start work, new graduate hires may be required to travel to the firm's head office in Sydney, Australia to take part in a two week professional development program.
Analysts joining Macquarie Capital will have the opportunity to study for a Master of Finance (Investment Banking) degree from INSEAD (a internationally recognised business school).
Unique to the investment banking industry, this is a post-graduate degree program undertaken while working at Macquarie. The curriculum for this degree was designed jointly by Macquarie and INSEAD and tailored specifically to a career in investment advisory. It includes residential on-campus study at INSEAD’s Europe and Asia campuses as well as in Australia and the US.Now see - Macquarie Graduate Schemes.
All candidates must have at least a 2:1 at degree level, in any subject discipline.
The Macquarie graduate recruitment process is comprised of:
Now see - Macquarie Interview Questions.
Graduate jobs are available in each of the company's six main departments:
The investment banking group includes Macquarie's wholesale structuring, stock broking, underwriting and advisory capabilities.
Its services include project financing, M&A and restructuring advisory, equity capital management, specialised infrastructure and fund management, specialised leasing and asset financing, institutional and corporate stock broking, and equities research.Now see - Macquarie Application Process.
The Macquarie Capital, Treasury and Commodities Group and the Risk Management Group run a 10-week internship programme from June to August each year.
Candidates on this programme will spend the first week attending a comprehensive training and orientation course which will allow you to contribute significantly during your 10 week placement.
During your internship you will hear from senior Directors about Macquarie's strategy and be given an insight into how the business works and opportunities that are available. At the conclusion of the programme, full job offers will be made to interns who have demonstrated the skills required for a career with Macquarie.
The Macquarie graduate recruitment process is comprised of:
You will be asked to indicate on your application form the area in which you wish to specialise at Macquarie. Your application will be considered for graduate opportunities throughout Macquarie however, and you will not need to submit multiple applications for consideration by different specialisms.
All first round interviews will be held in Macquarie’s London office by a member of the recruitment team. This is a general interview to find out more about your interest in the industry, your commercial awareness and your knowledge of the firm.
You will be asked competency based questions such as:
You may also be questions about your background and CV, including questions like:
This interview will last for 45 - 60 minutes.
Previous candidates have been asked the following brain teaser case study questions at either/both first round or/and second round interview stages:
The bat is $1 more than the ball. What are their individual values? (hint: answer is not $1 and 10cents - thats a 90c difference)
Following first round interviews, successful candidates will be invited to complete a psychometric assessment which will be very similar to the SHL test. The test includes numerical, verbal and logical reasoning sections.
If you are applying to macquarie capital, you also have to do what they call a sales test. This is a series of 100 questions which ask about your personality. There is no right or wrong answer. This is a personality test to deduce whether you have the right personality for a sales position.
Occassionally, interviewees may be asked to take this psychometric test in the afternoon after their initial first round interview.
The psychometric assessment lasts for three hours.
During second round interviews, you will meet with several members of the relevant business group you have applied to. This second interview will be much more technically focused than the first and relate to the particular position you are interested in. This interview will again take place at the London office.
At the second round interview stage you will have: