How to Become an Investment Banker?
Investment banking is by far one of the most in-demand financial institutions that can offer you anything under the sun. The emergence of technology has brought in democratic principles in the process of building more companies and raising huge amount of capital. The sole reason why bankers exist is because of business needs in the requirement of capital and company acquisition needed by companies. Due to the quality, an investment banker possesses, building network and having the talent to execute financial transactions has never gotten easier.
Undoubtedly, investment banking is an industry that composes of private partnerships that basically focuses on certain markets.
Investment bankers will never be out of demand that too in a fast-paced economy. This profession is by far one of the highest paid profession in the world.
As a professional in this domain, one needs to help firms and governments manage financial issues to avoid financial risk or raising capital to fund operations.
Likewise, they will also need to be accurate while providing decisions is assisting mergers and acquisitions or selling non-strategic business units.
It is not easy being an investment banking professional.
One needs to have the attitude in maintaining relationship with senior officials and experts to take a lead in all aspects.
Although the field is competitive, it is likely that the demand for investment bankers will remain strong.
Most of the investment bankers started off their career being an analyst, where their core responsibilities include researching on clients, industries and market trends.
Being an investment banking professional, the core focus majorly shifts from business to development, for example such as identifying new opportunities to make and close deals for existing clients.
Core focus areas-
- Mergers and acquisitions
Providing advices on mergers and acquisitions on the basis of the organization’s future analysis along with structuring an agreement between companies.
- Sales
As an investment banker one may need to identify opportunities where the client might require the support of an investment bank.
- Underwriting
Help organizations write prospectus and obtain new sources of funding.
Educational qualifications required:
- For an entry level – fresher graduates looking to get into an investment banking career must have an undergraduate degree in fields such as finance, economics, mathematics, science, law, and economics.
- For senior level – senior level positions for an investment banking professional may require a graduate degree in economics, business commerce, and law.
Having extensive and strong knowledge of the current financial market and a background in research, analysis or investment trading is an added advantage.
For someone having experience in specialized analytical and quantitative skills such as finance officer or an engineer is preferred by employers these days.
Making it as a fresher in the field of investment banking might be challenging with just a degree and no expertise.
Acquiring an investment banking certificate will probably help one land a job as an investment banker.
Choosing investment banking is an incredible career choice in today’s competitive job market. Not to forget the salary compensation is probably one among the highest in the world.
Category: Finance
