Investment Banking

Description

The investment banking industry focuses on facilitating large, complex financial transactions such as mergers and acquisitions (M&A), initial public offerings (IPOs), and underwriting new debt and equity securities. Investment banks provide advisory services to corporations, governments, and institutions, helping them raise capital and navigate financial markets.

Something Cool

Investment banking is known for its high-stakes environment and significant impact on the global economy. Investment banks play a major role in mergers and acquisitions, shaping the business landscape by facilitating some of the largest corporate deals in history.

Types of Companies

• Major Banks: Large, full-service investment banks that operate globally. Examples: Goldman Sachs, JPMorgan Chase

• Middle Market Banks: Mid-sized banks that focus on mid-market clients. Examples: Jefferies, Houlihan Lokey.

• Boutique Banks: Specialized banks that focus on specific industries or types of transactions. Examples: Lazard, Evercore.

Further Education & Credentials Required

• Bachelor’s Degree: Typically in finance, economics, business, or a related field.

• Master’s Degree: An MBA can be beneficial for higher-level positions.

• Certifications:

  • Chartered Financial Analyst (CFA).

  • Certified Investment Banking Analyst (CIBA).

  • Series 79 - Investment Banking Representative Qualification Examination.

Entry Level Roles

• Investment Banking Analyst or Financial Analyst

  • Description: Analysts support senior bankers in executing transactions, conducting financial analysis, and preparing presentations.

  • Skills Required: Strong analytical skills, proficiency in Excel and financial modeling, attention to detail.

• Research Associate

  • Description: Conduct market research, analyze industry trends, and support the development of investment strategies.

  • Skills Required: Research skills, knowledge of financial markets, strong writing skills.

• Junior Trader

  • Description: Assist senior traders in executing trades, monitoring market trends, and managing portfolios.

  • Skills Required: Quick decision-making, understanding of trading platforms, strong numerical skills.

How To Learn More

• Talk to someone doing the role you want.  Check out my writings on The Gift of Asking for Help, Mentors and Networking 101 on The Search page to learn how to do this.

• Ask you preferred AI assistant. 

  • Better understand your own skills and where you will be successful at Roles.

  • Check out my writings on various industries and departments at the Industries page.

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