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About the company
DWS Group is one of the world's largest asset managers, headquartered in Frankfurt am Main. Its business is divided into active asset management, passive asset management (Xtrackers) and alternatives. Deutsche Bank is its majority shareholder.
Program details
Key facts
Program length
24 months
Number of rotations
4
Departments
Selected departments
International assignment
Not intended
Working hours / week
39h
Gross salary per year
Not public
Program description
P.A.C.E. Graduate Program at DWS
The P.A.C.E. Graduate Program prepares graduates for a career in asset management through several stations. Graduates rotate through portfolio management, sales, product development or operations and develop further through a dedicated curriculum and mentoring by experienced investment professionals.
Application requirements
Who applies successfully?
Degree
Master's
Field of study
Any discipline relevant to the designated department
Work experience
First relevant practical experience (e.g. internships or working student jobs)
International experience
Not specified
Languages
Fluent German and English
Other
Not specified
Application process
How does the application work?
01
Online application
Application documents, typically a CV, cover letter and relevant certificates, are submitted via the company's career portal. An automatic confirmation follows, while substantive feedback from HR is generally provided within one to four weeks.
02
Online test
A standardized aptitude test completed online, typically covering logical reasoning, numerical and verbal skills as well as personality. The total duration ranges from 20 to 90 minutes.
03
Recorded video interview
An interview without a live interviewer, in which candidates respond to predefined questions on camera. It typically comprises five to seven questions, each with two minutes to respond.
not required
Interview with HR
An interview with the HR department, usually conducted via video and lasting 30 to 60 minutes. It focuses predominantly on academic background, motivation, cultural fit and behavioral questions on soft skills.
not required
Department interview
An interview with the manager or team of the department you are applying to, usually conducted via video and lasting 45 to 90 minutes. It centers on technical questions, situational cases and the alignment of mutual expectations.
04
Assessment center
A multi-stage selection day comprising presentations, case studies, group exercises and individual interviews. The format varies by company and may take place on site or virtually.
P.A.C.E. Graduate Program: your questions answered
What is the gross salary in the DWS graduate program?
DWS does not publicly disclose the gross salary of its graduate program. Remuneration is communicated individually during the selection process.
How long does the DWS graduate program last?
The P.A.C.E. The Graduate Program lasts 24 months and comprises four rotations in different areas. The program is designed as a structured career entry, in which graduates acquire practical experience across different areas and contribute to their own projects. Upon completion, graduates typically move into a permanent position within the company.
What qualifications does the DWS graduate program require?
If you want to apply for the P.A.C.E. Graduate Program, you need a suitable profile. A master's degree is required. Candidates from any discipline relevant to the designated department are considered. Fluent German and English are essential. Beyond the formal criteria, companies typically place significant emphasis on relevant practical experience, confident English and a convincing presence in interviews.
How does the application process for the DWS graduate program work?
Applying for the P.A.C.E. Graduate Program involves four stages: online application, online test, one-way video interview and assessment center. Application documents, typically a CV and cover letter, are submitted via the DWS career portal. The stages are completed consecutively and may extend over several weeks, depending on the application round. Thorough preparation for the interviews and subsequent selection stages significantly increases the likelihood of success.
Does the DWS graduate program include an international assignment?
The DWS graduate program does not include a mandatory international assignment. All rotations take place at DWS locations in Germany.
When can I apply for the DWS graduate program?
The DWS graduate program is currently open for applications. Applications are submitted via the company's career portal.
| Metric | Value |
|---|---|
| Company | DWS |
| Program | P.A.C.E. Graduate Program |
| Industry | Financial services |
| Main location | Frankfurt, Hesse |
| Program length | 24 months |
