Question: How important is social media and other methods of networking online to the investment banking industry?
Answer: Social media and other online networking methods absolutely do play a role in the investment banking industry. As is now the case with many hiring processes in the corporate world, job candidates should know that people making hiring decisions are very likely to scour the major social networks as a quick way of conducting a background check on potential hires (so keep those tweets and facebook pages clean!). Once on the job, social media can be quite important in the business generation process; LinkedIn is an especially popular networking tool in the corporate world – it can be used to stay in touch with old classmates as well as for getting introductions to other professionals (lawyers, accountants, bankers) or potential clients.
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