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Investment Banking Career

Career Description

Investment Banking Career

Investment banking assists individuals and firms to acquire securities that help them raise capital. An investment banking career starts with an analyst’s position and moves on to the positions of associate, VP, Director and Managing Director respectively. The positions depend on your educational qualifications and years of professional experience. Individuals in this career are notorious for working long hours with some people working up to 120 hours in a week.

Investment Banking Career Outlook

According to Financial News, employment opportunities for investment bankers were bleak for the last quarter of 2012 but may become better as 2013 progresses. Nonetheless, the sector pays well and as the economy improves, more graduates hope to turn to investment banking.

Required Skills

Some skills that are considered pivotal in an investment banking career include:

  • Communication and people skills;
  • Analytical skills;
  • Marketing skills; and
  • Teamwork.

Top employers are looking for people with a well-rounded personality who can work on spreadsheets as well as bring in and retain potential clients. This career requires utmost dedication and the field is full of highly ambitious professionals. If that sounds exciting to you, this career choice may be just right for you.

Educational Requirements for an Investment Banking Career

You need at least a bachelor’s degree to start off an investment banking career. Students pursuing this field usually have majors such as Accounting, Finance or Business Studies. Normally, a bachelor’s degree will start you off as an analyst and you need a master’s degree in Business Administration (MBA) or finance to move on to the level of an associate. Some firms may also recruit individuals who have at least three years of experience as analysts to work as associates. However, opportunities are greater and pay better with a master’s degree.

All degrees required for an investment banking career are available in both brick and mortar colleges and online institutes. Online courses are very convenient for students since they offer you the opportunity to study from the comfort of your home. They also reduce the various costs associated with a college degree such as those of transport. Browse through this website to look for available online courses that may help you start your career in investment banking.


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