Investment Banker Career Guide

An investment banker helps their clients to raise money in capital markets by issuing debt or selling equity in the companies.

The typical duties of an investment banker will vary depending on which firm they work for: at some firms, investment bankers carry out many tasks whereas at others, they are more specialized. At the crux of every investment banking role is raising money for clients. However, other typical investment banking duties include implementing financial plans, recognising new business opportunities, creating financial models and structuring and negotiating financial deals.

To become an investment banker, you will need to achieve a college degree in finance of economics, or another mathematical based field such as accounting. As the field is quite competitive, achieving a master?s degree, in something such as business administration (MBA) or a maths related field will make you stand out in comparison to other candidates. It is also highly recommended that you complete an internship in investment banking.

The field of investment banking is highly competitive because it pays better and opens up a lot of job opportunities. This means that not only is it tricky to then land that first job, there will also be fierce competition throughout your career for promotions and skill development. Due to the competitive nature of the field, investment banking can also be a very stressful career, especially as the hours can be long and the workload can be monotonous.

However, it is no secret the investment bankers are well paid and receive good perks ? perhaps making up for the stress? A career in investment banking also allows you to gain expertise very quickly and opens up a whole lot of finance-based job opportunities. If you decide a career in investment banking is for you, then you will get to work with other like-minded, smart and success-driven individuals.

To be a success in a highly competitive field, you will need to show dedication, energy and commitment. On top of this, you will need to have self-confidence, the ability to make decisions, proven strong numerical and analytical skills and excellent teamwork and communication skills.