Investment banks prep grads for dealmaking leap.

Investment banks in Australia are hiring graduates in anticipation of a rebound in mergers and acquisitions activity. Despite a decline in investment banking fees in the country, banks such as Goldman Sachs, UBS, Citi and Jarden are bringing in a similar number of graduates as in previous years. Graduates play a critical role in dealmaking, performing tasks such as compiling pitch decks and assisting with financial models. Investment banks in Australia offer junior hires more networking opportunities and face time with senior bankers compared to larger markets like London or New York. Gender diversity is also a focus, with banks implementing initiatives to attract and retain female talent.