My Path Into Investment Banking
And What It Taught Me

A mix of discipline, curiosity, a few detours, and a lot of work. Here’s the story that shaped me as a person and how I work, learn, and teach today."

Before Uni

My First Failure

I failed my Gymnasium entrance exam in 2007, and shortly after that we moved to New Jersey. During that time my German slipped so much that I once spelled Vater with an F.

When we returned to Switzerland, I was allowed into Gymnasium on probation. I worked my way through it step by step — catching up, adapting, and finding my rhythm.

Thailand

My First Fight

At 18, I booked a one-way ticket to Thailand. Three months of Muay Thai. Discipline from scratch. Training until my shins hurt — and then training a little more. Stepping into a ring for the first time and winning by elbow knockout.

It was the first moment where I realised: I could push far past whatever I thought my limits were.

Luxembourg

First Corporate Job

Right after Thailand, I flew to Luxembourg for my first internship at (former) Credit Suisse. Not IB. Nothing glamorous. Projects & Solutions: printing, sorting, observing, learning.

It wasn’t important what exactly the job was — it was important that I saw what "work" really means. Before that, the only job I’d had was being a janitor at Phonak (Sonova) during my Gymnasium summer breaks.

Swiss Army

Officer at 19

In 2014, I became an officer in the Swiss Armed Forces at 19. Leading soldiers that were 5-10 years older than me. Long days. Very short nights. And a new weight: responsibility.

That year shaped my operating system for every degree, job, or project that followed: clarity, structure, discipline.

University

Study, Study, Study

When I started studying, I didn’t even know what Investment Banking was. And no, I'm not even joking. So if you're in the same boat, don't worry, you can get there too.

I focused on doing well and being structured in the way I learned — and it worked. I graduated from my UZH Banking & Finance Bachelor's with a 5.8/6.0 (best of my year).

Alongside my studies, I was a Teaching Assistant in Microeconomics and Corporate Finance, worked nights literally printing annual reports at Credit Suisse, and took a Working Student role at PPC Metrics supporting institutional investors.

These experiences led to internships in tax law, blockchain, and two roles at KPMG. Those positions at KPMG weren't luck — three friends and I won the KPMG International Case Competition in Switzerland and placed second globally in Kuala Lumpur.

Chile

Valuation of a Football Club

My second KPMG internship in Deal Advisory sent my oldest friend and me to Chile. A completely different world — and real cross-border corporate finance.

I even ended up valuing a football club using a DCF. The kind of story you simply can’t make up — and one that interviewers remembered.

First IB Interviews

Reality Check

Despite everything I had done academically and professionally, IB interviews hit hard. Technical. Competitive. Well beyond anything from lectures. So naturally, I didn't get the job on my first try. Nor the second or third.

None of my experiences screamed “textbook IB path.” I had to make them coherent, relevant, and intentional. So I learned how to storytell my background properly — to turn an unconventional path into a compelling IB narrative.

That — coupled with hours of studying and networking — changed everything. Interviews came. Offers followed. I chose UBS Zurich — for the people, the culture, and the deal exposure.

UBS Large Cap

Taking on Extra Roles

At UBS, I worked on high-profile transactions (e.g., Dufry/Autogrill merger, Arbonia’s Climate Division sale). But I didn’t "only" work on deals.

And no, I'm not even joking. So if you're in the same boat, don't worry, you can get there too. I namely volunteered to support with the team's recruiting efforts. A few months later, I became the intern line manager and intern staffer — and I kept those roles for nearly 3 years.. Eventually, I built a 10 week internal learning & development program from scratch that UBS still uses today. Week after week, I taught interns the practical skills I once wished someone had taught me.

2025

From Banker To Entrepreneur

After 10 intense years of studying, hustling, and banking, I stepped out — not because I was tired of IB, but because I wanted to build something of my own.

I travelled, trained new martial arts (Colombian Esgrima, BJJ, Capoeira, Georgian Wrestling), rebuilt myself physically and mentally, and shared personal stories via @fightwith.nico.

I later co-founded @culebracigars.ch — a cigar brand built from scratch with my oldest friend. Having my very own cigar is a dream come true.

Back To Uni

But As Guest Speaker

Then something unexpected happened.

HSG invited me back to teach an MBF seminar — just five years after I sat there as a student. And I recognised the same gap I once struggled with: students lacked practical IB insights.

So I developed this program. Immediately three students signed up and worked 1:1 with me. All of them now have internships lined up.

Next, I reached out to Bocconi. Despite having graduated during COVID without ever attending in person, I got to fly there and teach an in-person seminar. Sidenote: I graduated during COVID without ever attending in person, therefore walking into that same university as a guest speaker — not a student — was surreal.

Real Practical Insights

NeverBanked is the system I wish I had at 18, 20, 22, 25. A bridge between theory and reality. Between wanting an IB career and performing like someone who deserves one.

Everything I teach comes from real experience, real mistakes, real lessons.

Today

So, What Do I Do Now?

  • Founder of NeverBanked

  • Coach for students breaking into finance
  • CEO of Culebra GmbH
  • Guest Lecturer at HSG & Bocconi
  • Content creator in business, finance, entrepreneurship & martial arts

In short, my work revolves around three pillars:

I create. I teach. I coach.

Let’s Move You Forward

If you're ambitious and willing to put in the work, I can help you move faster and more structured towards landing that first IB job.

Direct. Structured. Practical.

Let’s Move You Forward

If you're ambitious and willing to put in the work, I can help you move faster and more structured towards landing that first IB job.

Direct. Structured. Practical.


 

 
Nico Schwarz
📞 +41 79 128 90 10
✉️ [email protected]