Investment Banker
Investment bankers advise firms and even governments on financial matters. They are in charge of assisting businesses and other similar entities in raising funds for expansion and improvement. They are also required to manage a firm's initial public offering (IPO) for a company that is getting ready to go public. They may also be necessary to prepare a bond offering, negotiate a merger or purchase of a competitor company, or arrange a private placement of bonds. Investment bankers thrive when their clients and the market are doing well.
How to become an Investment Banker?
A bachelor's degree in finance, economics, or marketing is required to work as an investment banker. Earning an MBA, CFA, or even a master's degree in mathematics can greatly increase one's chances of landing a position as an investment banker. Furthermore, they must complete an internship as an investment banker at a reputable firm or bank, which will boost their prospects of securing a job and gaining clients.
Skills needed to become an investment banker are:
- Arranging finances
- Equity financing
- Negotiation of mergers and acquisitions
- Networking and Communication skills
- Time management
- Impeccable qualitative andquantitative skills
Salary potential:
- ₹1,000,000 (India)
- $115,465 (US)
- £90,000 (UK)
- C$180,000 (Canada)
