A career in Investment Banking is probably the most coveted one among the professionals in the banking industry. An Investment Banker deals in financing major corporations, public limited companies and medium sized ventures. The position involves in arranging for and issuing the shares for the organization and launching the financing for the organization by carrying out the initial public offering of the shares.

Pursuing a Career in Investment Banking

If you are interested in banking as the industry for your career, then you may just want to consider becoming an Investment Banker if you have great organizing, interpersonal, marketing and negotiation skills. You should have a good knowledge and understanding of the business practices in various industries, the regulations pertaining to the issuance of shares, the dynamics of institutional financing, the regulations of the Securities and Exchange Commission and the relevant statutory regulations. An Investment Banker would also be responsible for customer relations, account management and researching for prospective clients.

Investment Banking Career: Qualification, Courses, Training

Finance is the name of the game for Investment Bankers, which is why they are required to be holding at least a Bachelors degree in Finance or Banking or related disciplines, preferably with majors in Investment Banking or Corporate Finance. In many cases, a postgraduate degree or diploma could be the requirement for this profession as well. Professional Finance certifications such as CFA can be of great value to the prospects of a professional. While brilliant graduates could be hired for the job at entry level, most banking corporations would be comfortable with seasoned bankers for this assignment.

Investment Banking Career: Schools, Colleges, Universities

Investment Banking is all about pushing up the limit of your standards and that is why pursuing educational qualification from top Finance schools like these should be your priority.

  • Sloan School of Management, MIT, Cambridge, MA
  • Harvard University, Harvard Business School, Boston, MA
  • University of California-Berkley, Berkley, CA
  • Stanford University, Graduate School of Business, Palo Alto, CA
  • Pennsylvania State University, Smeal College of Business, University Park, PA
  • University of Pennsylvania, The Wharton School, Philadelphia, PA
  • University of Chicago, Booth School of Business, Chicago, IL

Investment Banking Career: Job Opportunities, Salaries and Recruitment

According to the BLS, the employment growth in the banking sector would only be 8%, as compared to an overall 11% in all industries. Investment banking positions may not offer the best employment outlook but they can offer good returns. The annual salary in Investment Banking in junior analyst positions is in the range of $100,000 and $130,000, while the salary for the associate positions is between $90,000 and $180,000. Higher positions could offer even better salaries.