No certification can replace the impact of self-initiated projects in investment banking. Recruiters don’t just want to see courses completed—they want proof that you can think, analyse, model, and build like an analyst. A well-done project shows exactly that. Building your own DCF model, writing an equity research report, analysing a live M&A deal, or creating a pitchbook demonstrates genuine curiosity, technical skill, and execution ability. These projects become talking points in interviews, showcase real work on your resume, and clearly separate you from candidates who only rely on certificates. In IB, your work speaks louder than your credentials.