Investment Banking Apprenticeship Programme

Our Investment Banking Apprenticeship programme will provide you with comprehensive training, full financial sponsorship towards an Applied Finance degree at Queen Mary University of London (QMUL) and professional qualifications such as CISI. You will also have exposure to fascinating projects, and endless opportunities to gain the skills you need to innovate for the benefit of our clients and society. Working alongside some of the banking industry’s top minds, you will be able to build a network that will help you to drive your career in the direction you want it to go.

We offer apprenticeships in two of our business divisions:

Origination & Advisory
Fixed Income & Currencies (FIC)

Programme and Training Overview

Over this four year programme, you will split your time between studying toward a degree in Applied Finance and hands-on experience rotating through different teams so you will have a varied role.

Your tasks might include industry research, company performance monitoring, pricing products for traders, preparing financial data analysis, pitching transactions to the team, participating in client calls, or refining the way we do forecasts. In addition, you will be involved in live deals, exploring new private financing, and lending opportunities, preparing marketing materials for clients, and reviewing deal pricing and structure comparisons.

On this programme, you’ll be part of the team from your very first day with learning and development opportunities throughout your first year and beyond. You will also be supported by a mentor within the business, in addition to HR and your line manager.

You will learn from the best, evolve professionally as well as personally, and build a firm foundation upon which to specialise later. Whichever path you take, by the end of your programme you’ll have the skills and experience to continue a long-term career with us.

Origination & Advisory

Discover the world of Capital Markets with a career in our Origination & Advisory division. Here we aim to build long-term, trusted and mutually beneficial relationships with the major corporates, financial institutions, financial sponsors and sovereigns around the world.

Our Origination & Advisory business is a comprehensive private-side product and coverage area focused on the primary issuance of multi-currency debt, from origination through to execution.

Your apprenticeship will be in the following areas:

Debt capital markets (DCM)
Investment Grade (IG) Acquisition Finance
Equity capital markets (ECM)
Structured Equity Transaction Group (SETG)
Leverage Debt Capital Markets

Find out more about Origination & Advisory, and the areas you can work in from our Unofficial Guide to Banking.

Fixed Income and Currencies (FIC)

FIC is where much of the bank’s commercial activities take place. In simple terms, traders buy and sell products like debt (bonds) and commodities (like oil and natural gas) and execute foreign exchange deals to make profit and/or hedge risk.

Your apprenticeship will be in the following four areas:

Foreign exchange
Rates
Credit
Global emerging markets

Find out more about Fixed Income and Currencies and the areas you can work in from our Unofficial Guide to Banking.

Eligibility Criteria

We’re looking for enthusiastic, driven individuals who have a thirst for knowledge and a desire to problem solve. Strong communication skills and an entrepreneurial mindset will allow you to thrive in our collaborative and diverse culture where innovation and agile thinking abound.

To apply for the 2024 programme you must finish sixth form (school, academy, or college) in 2024 or have finished in the last 12 months (i.e. in 2023). The apprenticeship programme will last for four years.

Offers will be conditional on acceptance to the Applied Finance degree programme at Queen Mary University London (QMUL), so we encourage all applicants to ensure they meet the minimum entry requirements:

GCSE in Maths and English at grades A*-C (4-9) or equivalent,
Have achieved or are expected to achieve at least 3 A-Levels at AAA or the UCAS points equivalent from their 3 best A Level grades (i.e. A*, A, B or A*, A*, C), with a minimum A in A-Level Maths

Applicants should also hold a British or EU passport with the relevant immigration papers.

Application process

The application process consists of two online assessment tests, a video interview, and an assessment day during which you will have a 45-minute competency interview and take part in a group exercise.

Before you apply, we recommend you find out more about Deutsche Bank, how we are structured and the functions of the various divisions within the bank. You can find out more by visiting the Unofficial Guide to Banking.

Personal stories

Show content of Charlotte - Origination & Advisory

careers-schoolleavers-apprenticeship-charlotte-170 I applied to the Investment Bank Apprenticeship as I felt that the university route wouldn’t suit me, and that I work my best when I learn by getting hands-on experience, so the programme looked like a perfect option! The programme so far has been an intense, exciting experience – everyone I’ve met has been so welcoming and really encouraged me to take an active role. I feel like I’m learning huge amounts whilst also being appreciated as a proper member of the team and the bank, which is incredibly valuable to me.

Show content of Liam - Origination & Advisory

Liam The opportunity to gain applicable skills, confidence and connections was invaluable to me. Not only would I be working on ground-breaking deals, but I would also be able to apply my skills in a practical manor while gaining the accreditations from a world class, highly specialised and sought after degree program. This cemented my decision that this was the program that would transcend my career and personal development.

Immediately I was welcomed by the team who made it their mission to get me up to speed on exciting projects. Deutsche Bank’s culture is truly a merit to the firm, everybody is respected and valued, while the culture encourages an atmosphere of team success, while making a positive impact for our clients

Show content of Parin Shah - Origination & Advisory

Parin I applied to the Investment Bank apprenticeship programme because I was keen to get hands on experience of the banking industry and connect what we learn at university to what happens in the financial services industry. My experience of the programme so far has been great, as is being able to learn from professionals in the industry who are really good at what they do. Deutsche Bank’s culture is very welcoming and is a place anyone would love to start their career at!

Show content of Poppy - Fixed Income & Currencies

Poppy When I first saw this programme I immediately wanted to apply, being able to experience multiple teams within the Investing Banking division whilst working towards an Applied Finance degree at a highly regarded university was an opportunity I didn't want to miss. Having spent some time on the desk, it's clear there's such an inclusive culture here at Deutsche Bank. The people I have met have made me feel so welcome in such a short space of time, putting the effort in to teach me and make sure I understand. The next four years excite me, and I look forward to seeing myself grow within Deutsche Bank.

Show content of Maria - Fixed Income & Currencies

Maria I applied to the Investment Bank Apprenticeship programme as it seemed like a once-in-a-lifetime opportunity to experience both the world of finance, surrounded by Investment Banking specialists, gaining valuable work experience, and the university experience. The programme is exactly tailored to what I was looking for in Fixed Income & Currencies and can give me a direct entry and career prospects into the sector after I finish my programme.

Deutsche Bank’s culture is very welcoming and inclusive. My experience has been great in connecting with fellow apprentices, senior team members and people from across the bank. Everyone is super approachable, and this has made settling into the job very pleasant.