ATK
New Delhi [India], June 3: Investment banking is one of the most popular options for university graduates who want to make it big in the world of finance. Although the world of investment banking can be extremely tough, it offers the benefits of extremely high salaries, bonuses and compensation and therefore status and prestige as you climb the career ladder.
Through this guide, you get a glimpse of the career opportunities available to graduates of investment banking courses. Keep reading!What does an investment banker do?
An investment banker provides assistance and advice to companies on the types of securities such as stocks and bonds, the price at which to issue them, and how and when to issue them. Apart from the above mentioned responsibility, investment bankers also handle the process of underwriting, which is the placement of securities with investors.In addition, they underwrite municipal bonds and other types of debt securities and work with both private and publicly traded companies.
Career Trajectories in Investment BankingIf you want to pursue a career in investment banking, there are some great options available. Typically, enrolled students get their start in the industry by participating in internships with investment banks. Internship is not mandatory for entry into this field; This is definitely an excellent way to get started.
The career trajectory of investment bankers is often defined after completing their banking certification courses.Here is the general progression from junior to senior:
* Analyst (grunt) * Collaborator (glorified grunt)
* VP (Account Manager)
* Director (Senior Account Manager, Rainmaker in Training) * Managing Director (Rainmaker)
Let's now take a look at each of these job positions in detail.
AnalystThis post is open to fresh graduates of investment banking courses and is also called the first step to investment banking career. Analysts often have less than two years of experience and their main work is data collection, creating presentations, and performing simple financial data analysis. Most financial concepts are developed during this period and so having this experience is important for anyone who wants to become a successful investment banker. It takes about two to three years to advance to the next level.associate
An analyst is promoted to the level of Associate after gaining two to three years of experience. However, candidates with MBA in Finance are directly appointed to this position and also have more experience than analysts. This job comes with additional duties like managing a group of 4-5 analysts and interacting with clients. It may take about three to four years to be promoted to the next position.Vice President
Achieving the position of Vice President means that you have experience in the field of investment banking.A vice president is typically an investment banking specialist with extensive project expertise. To be eligible for this high ranking position you must have six or seven years of experience. Analysts and associates report to vice presidents and a vice president is in charge of maintaining client relationships and ensuring operational efficiency at all levels of the organization. Vice presidents usually interact with directors and managing directors. Promotion to the next level is based on the performance level of vice president, which may take approximately three to four years.Managing Director or DirectorThis is the highest level ranking in the investment banking career path and requires a minimum of 15 years of expertise. The MD is usually in charge of growing the business and converting potential customers into actual customers. This work involves building relationships with customers and acquiring more customers. Managing directors are the face of an organization, they are mostly engaged in building relationships with customers and acquiring more customers. These are the individuals who direct work down the line.The above mentioned designations represent important milestones for an individual to pursue a career in investment banking. Apart from the above mentioned roles, graduates of investment banking courses can also take up other roles such as banking associates, account managers, investment advisors, portfolio managers and investor relations managers.
ConclusionIf you have an interest in the field of finance, a career in investment banking can be really rewarding. Degrees in finance, accounting, business administration and other business disciplines are common in investment banking career paths. However, choosing the right career depends on many factors, including your interests and passions as well as your skill set.Before you embark on this career path, consider your personal goals because an investment banker job can bring significant financial rewards as well as long hours of hard work.
If you want to pursue a career in investment banking then you should enroll for Imarticus Learning's Certified Investment Banking Operations Professional (CIBOP). This leading industry-approved program is best for learners with less than three years of experience and comes with 100% job assurance.
New Delhi [India], June 3: Investment banking is one of the most popular options for university graduates who want to make it big in the world of finance. Although the world of investment banking can be extremely tough, it offers the benefits of extremely high salaries, bonuses and compensation and therefore status and prestige as you climb the career ladder.
Through this guide, you get a glimpse of the career opportunities available to graduates of investment banking courses. Keep reading!What does an investment banker do?
An investment banker provides assistance and advice to companies on the types of securities such as stocks and bonds, the price at which to issue them, and how and when to issue them. Apart from the above mentioned responsibility, investment bankers also handle the process of underwriting, which is the placement of securities with investors.In addition, they underwrite municipal bonds and other types of debt securities and work with both private and publicly traded companies.
Career Trajectories in Investment BankingIf you want to pursue a career in investment banking, there are some great options available. Typically, enrolled students get their start in the industry by participating in internships with investment banks. Internship is not mandatory for entry into this field; This is definitely an excellent way to get started.
The career trajectory of investment bankers is often defined after completing their banking certification courses.Here is the general progression from junior to senior:
* Analyst (grunt) * Collaborator (glorified grunt)
* VP (Account Manager)
* Director (Senior Account Manager, Rainmaker in Training) * Managing Director (Rainmaker)
Let's now take a look at each of these job positions in detail.
AnalystThis post is open to fresh graduates of investment banking courses and is also called the first step to investment banking career. Analysts often have less than two years of experience and their main work is data collection, creating presentations, and performing simple financial data analysis. Most financial concepts are developed during this period and so having this experience is important for anyone who wants to become a successful investment banker. It takes about two to three years to advance to the next level.associate
An analyst is promoted to the level of Associate after gaining two to three years of experience. However, candidates with MBA in Finance are directly appointed to this position and also have more experience than analysts. This job comes with additional duties like managing a group of 4-5 analysts and interacting with clients. It may take about three to four years to be promoted to the next position.Vice President
Achieving the position of Vice President means that you have experience in the field of investment banking.A vice president is typically an investment banking specialist with extensive project expertise. To be eligible for this high ranking position you must have six or seven years of experience. Analysts and associates report to vice presidents and a vice president is in charge of maintaining client relationships and ensuring operational efficiency at all levels of the organization. Vice presidents usually interact with directors and managing directors. Promotion to the next level is based on the performance level of vice president, which may take approximately three to four years.Managing Director or DirectorThis is the highest level ranking in the investment banking career path and requires a minimum of 15 years of expertise. The MD is usually in charge of growing the business and converting potential customers into actual customers. This work involves building relationships with customers and acquiring more customers. Managing directors are the face of an organization, they are mostly engaged in building relationships with customers and acquiring more customers. These are the individuals who direct work down the line.The above mentioned designations represent important milestones for an individual to pursue a career in investment banking. Apart from the above mentioned roles, graduates of investment banking courses can also take up other roles such as banking associates, account managers, investment advisors, portfolio managers and investor relations managers.
ConclusionIf you have an interest in the field of finance, a career in investment banking can be really rewarding. Degrees in finance, accounting, business administration and other business disciplines are common in investment banking career paths. However, choosing the right career depends on many factors, including your interests and passions as well as your skill set.Before you embark on this career path, consider your personal goals because an investment banker job can bring significant financial rewards as well as long hours of hard work.
If you want to pursue a career in investment banking then you should enroll for Imarticus Learning's Certified Investment Banking Operations Professional (CIBOP). This leading industry-approved program is best for learners with less than three years of experience and comes with 100% job assurance.