An investment banker is the most glamorous professional of modern times. Do you want to be the one dressed up in formal attire and attending those high profile meetings? If you are interested in numbers, you can surely make it to be an investment banker.
Who is an investment banker?
The individual working with a large financial institution who takes the capital from one person having it to invest somewhere and gives it to someone who needs capital to be invested is known as an investment banker.
They assist the clients in complicated financial transactions and advise them regarding acquisition, merger or sale.
Qualifications needed to be an investment banker
An investment banker can come from any educational background but a strong foundation of mathematics is a must. A bachelor's degree in finance, business administration, commerce, or mathematics can land up in an entry level job in the field of investment banking.
Investment banks do not take deposits but they do manage the money of their clients and advise them accordingly. An investment banker must possess very good analytical skills.
An MBA degree from a reputed B-school in India like IIMs, IMT, XLRI can get you a job in leading banks such as JP Morgan, Goldman Sachs, Morgan Stanely and many others.
Even graduates and post graduates from other streams get an analyst job in these reputed banks if they are found to have the skills of an investment banker.
How much does an investment banker earns?
An investment banker job promises a handsome salary with no upper limit. It is one of the most sought after jobs these days as it gives high financial stability and awesome work culture.
Investment banking is an alluring fields for those who love to play with number and data, and have an analytical frame of mind. Even if you have missed a degree from top B-school, still you can make it to be an investment banker. There are several online programs which can open your doors to the world of analytics and finance.
Also read: Top 10 schools for investment banker in USA