A fat pay cheque and long hours are the telltale signs of the investment banking industry. Keeping on top of the world’s financial markets is an almost 24/7 job. Investment banking is an umbrella term for a range of activities: underwriting, selling, and trading securities (stocks and bonds); providing financial advisory services, such as mergers and acquisition advice; and managing assets. The investment banks provide these services to governments, non-profit institutions, companies, and individuals.
Investment banking has earned a reputation of being called a blue blood profession and several people have entered the industry with a distinguished academic background at a prominent Ivy League school. The seriously focused, activity oriented, benefit hungry universe of investment banking can appear like an overwhelming spot where arrangements are done and fortunes are made. Indeed, it’s an awesome place to take in the intricate details of the corporate fund and get expository abilities that will stay helpful all through your business profession. Be that as it may, investment banking has an extremely soak expectation to absorb information, and chances are you’ll begin off in a job where the obligations are more.
You shouldn’t go into investment banking industry only for the perceived lifestyle which is usually demonstrated. To get by in investment banking world, substantially less to do well, you’ll have to like the work itself, which requires the examination capacity of a talented investigative columnist, the engaged consideration of a specialist, and the physical continuance (to withstand the extend periods of time) of a marathon runner. Obviously, you additionally need to have first rate investigative aptitudes, which enable you to spot advertise patterns and approaching industry changes. Also, truly, regardless of the possibility that you adore the work, an investment banking career can even now be extremely tough, particularly as of late. Truth be told, U.S. News and World Report dropped venture managing an account from its “Best Careers” rankings in 2009. The magazine locales the budgetary business’ crumple for “crushing” the employment showcase for i-bankers.
For fresh graduates in the subject of commerce and engineering, there is a different investment banking certification than the one who has completed their post-graduation in management. These days an investment banking institute also provides investment banking certification for the working professionals who have less time at their disposal. The minimum qualification to join any such investment banking institute for any investment banking certification is to complete the high school.
The career in investment banking is not all about a bed of roses. When we look at the other side of the coin- this industry offers no job security. The working schedule is very tedious for the people at lower strata of the job positions and you have to turn into a big workaholic to keep pace with the pressure. Life is very demanding and even if you like the fast paced life, crunching numbers, and figuring out relationships between them- it still might not be for you. It can be a nightmare or the dream come true depending on your attitude and predisposition about analysis, data and facts, risk tolerance, and sacrificing much of your social life. But if you think this is what you will like to be as your career, get, set, grab the best degree for investment banking, and go.
However, if you like quick paced, deal-oriented job, are great with numbers and analysis, have a resistance for hazard, and wouldn’t mind putting your own life on hold for your employment, venture managing an account might be an awesome profession decision. Be that as it may, if this doesn’t seem appealing to you, a job in investment banking could end up being a terrible dream work out as expected.
