Monday, 08 May 2017
Year 13 Economics and Business Studies students from Bolton School Boys’ Division enjoyed an insight into the world of investment banking as former pupil John Craven addressed them via a WebEx link from his London office.
The boys learnt of his impressive career in which, after leaving Bolton School in 1982, he graduated from Imperial College with a Masters in Chemical Engineering before beginning an illustrious career in the banking sector which saw him employed by J Henry Schroder Wagg; the boutique advisory firm Phoenix Securities, which was acquired by Donaldson, Lufkin and Jenrette and in turn by Credit Suisse where he was an MD in the European Mergers and Acquisition Group; mid-market investment bank Bridgewell where he led the corporate finance team for 7 years and was a board director through the firm’s IPO and subsequent sale; and latterly co-founding with two friends the company he now works for, Smith Square Partners.
The Sixth Formers learnt how the educational choices you make can affect your career, although he did point out to them of the ten partners at Smith Square, not all had studied Economics, Finance or Maths and some had prospered in the City with degrees in subjects such as English, Classics and Geography. He talked the boys through what investment banks do, who does what within a bank and the different career options available as well as regulation and how banks make money.
Reflecting on the session, Economics teacher Mr Kettle said: “The talk was highly informative and will have definitely benefitted the lads in preparation for their up-coming exams. It will also have provided an impetus for several of them to investigate further the varied career options that are available in banking and finance.”
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