Investment banking

[Womble]

I am looking into this as a possible career. In my finalyyear at Imperial (UK uni) studying maths. Looking for some advice on what areas I should apply for and just info about what the work involves from people with experiance.

Also - any advice on applications? I can handle the questions about yourself but I keep seeing questions such as:
'Given current market conditions what do you think [generic] Bank should do to remain competitive?'
I dont have any experiance of markets and stuff at the moment. How can I answer this type of Q?