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A Brief Overview of Investment Banking Career by Maria Anderson





Article Author Biography
A Brief Overview of Investment Banking Career by
Article Posted: 06/25/2013
Article Views: 74
Articles Written: 5
Word Count: 588
Article Votes: 0
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A Brief Overview of Investment Banking Career


 
Career
Investment bankers are the professionals who analyse the market trends and offer investment advice to their clients. As an investment banker, you can earn a whopping amount as your annual average salary provided you have great number crunching skills and analytical ability. Yes, these are the two key skills to be a successful investment banker. If you are sure that you have them, you are ready to venture into this well-paid career. Let’s find out what are involved in a career of an investment banker. Take a look at the following:

Investment bankers are employed by global banks. Such professionals sell stock or raise venture capital. They do so through lending money to businesses and establishing part-ownership in the process. In fact, it is the duty of the investment banker to determine the time for selling bank’s stakes in different businesses. In order to accomplish these tasks, extensive specialisation in business related discipline is required.

Specialisation in accountancy at the graduation as well as post-graduation level is the requirement for investment banking jobs. If you take up business management instead of accountancy, there will be no difficulty to apply for jobs. Good grades are necessary for landing up with a job in one of the biggest financial institutions in the United Kingdom. Supplementing your university education is wiser in order to increase your qualifications. For example, you may get enrolled in a training course for aspiring investment bankers.

Make sure that the university is recognised and the training institution is certified.

As far as the skills are concerned, mathematical and analytical skills (as already stated in the introductory paragraph) help an investment banker to shape a bright career. Other skills that are also vital to success are the ability to communicate well, people skills, capability to handle work pressure and strong up-to-date knowledge of regional as well global trends.

If you have decided to embark on a career as an investment banker, there is good news to heighten your interest. Do you know it is not a well-paid, but one of the highest-paid jobs? This is one of the best things about this career. However, a note of caution- you should not choose this career just because it pays well. You should select this career if you are fond of dealing with numbers, stocks and sales.

The annual average salary of an investment banker at the entry-level is around £50,000. In addition to this, there are account bonuses. With experience, you can expect a higher salary per annum.

The work life of an investment banker is very volatile and hectic in nature. It is very rare that investment bankers work less than 70-hour per week. Mental and physical strength is essential.

Given the fact that this job takes up most time of the day, you will have to handle both work and family life tactfully. Get a good 8-hour sleep, eat healthy and don’t let stress bother you at all. Enjoy the days you get off. These will help you to manage your family and investment banking career.

Author Bio

Maria Anderson is a recruitment specialist. She offers tips and advice on topics related to recruitment. She is also a freelance writer who writes on topics like investment banking jobs. While writing on these topics she gets inspiration from http://www.thejmgroup.com.

Summary

If you want to have a basic idea of an investment banker’s career, you may refer to this article in this respect. Happy reading!

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