Investment Banker
Investment Banking is one of the most competitive areas in the banking industry. Many investment banks seek to recruit candidates who are with top results from top universities or business schools. An investment banker has a wide scope for bright career in this field and you get best results in terms of handsome salaries. This is a responsible job, which needs hard work, long working hours, stamina, excellent analytical abilities, good communication skills, aptitude for numbers.
Investment banking is composed of different sectors and selection of one of them depends on the interests and capabilities of an investment banker. One of them is corporate finance which includes debt and equity capital, appropriate capital structure, mergers and acquisitions etc. Second is Sales and Trading which needs fast thinking and decision making, good communication skills etc. In this sector, one has to inform the clients about the opinion of the bank on certain assets and markets. Additionally, employees working in the sales and trading department in investment bank need to have a complete understanding of the research produced by their company.
Third one is Research sector in which employees provide information to their clients about up-to-date reports on certain areas of interest. Analysts in the research department specialize in a specific business sector or area, thereby developing reports that can be safely distributed to clients.
For entry level investment bankers, a position as a financial consultant is a good way to get board on-the-job training with an investment firm. Typically, entry level investment bankers have to work hard and spend long hours acquiring new clients. So, if you have a great amount of drive, determination and stamina, a career in investment banking could prove to be very lucrative, exciting and rewarding.