How to Become an Investment Banker?

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If you want to make money out of the money, then investment banking is the right career option for you.
Investment banking is one of the most finest and alluring career choices for fresh graduates.
Investment bankers are crucial for structuring various financial deals, pertaining to the economy.
These highly-skilled professionals impart their advice and suggestions to companies regarding stocks and shares.
He also advises clients on divergent options like mergers, acquisitions, joint ventures, etc.
Overall, investment banking is the specialized branch of banking, which is limited to the financial market and is concerned with the investment.
Salary structure On an average, a fresher in this sector can expect to earn Rs 20 lakh/annum.
Moreover, there is no upper-limit on the salary package.
This is a highly lucrative job option as you get a chance to travel throughout the world also.
Professionals, with over 5-6 years experience, can also draw Rs 1 crore.
Requisite traits 1= Excellent communication skills 2= Analytic skills 3= Should be able to handle complex situations 4= Technical knowledge Education required for this kind of banking job It's not necessary to be a commerce student in order to build a career in this domain, but it is crucial to have competency in maths and economics.
A bachelor's degree in business administration is the basic requirement to enter the field.
Furthermore, you should complete the internship before clearing your graduation as this occupation demands a knack of understanding of banking & finance.
Through various internship programs, students will get a better idea of this field.
Also, the internship would help you in getting a good investment banker job after the graduation.
You can go for the MBA in finance in order to accentuate your knowledge and skills.
Where to study? In India - 1= Indian Institute of Foreign Trade, New Delhi 2= All IIMs 3= Institute of Management and Technology, Ghaziabad 4= IXLRI, School of Business and Human Resources, Jharkhand 5= Jamnalal Bajaj Institute of Management Studies, Mumbai 6= Xavier Institute of Management, Bhubaneswar 7= Narsee Monjee Institute of Management Studies, Mumbai 8= Faculty of Management Studies, Delhi University 9= Guru Gobind Singh College of Commerce, Delhi University 10= Shaheed Sukhdev College of Business Studies, Delhi University In the international arena - 1= Harvard Business School, Cambridge 2= Boston College, Boston 3= Stanford Graduate School of Business, Stanford Below is the list of the courses which are offered by colleges - 1= Diploma in Investment Banking and Equity Research 2= MBA in Investment Banking 3= Post Graduate Programme in Security Analysis, Portfolio Management & Investment Banking 4= UG Programme in Security Analysis, Portfolio Management & Investment Banking 5= BA in Finance & Investment Banking 6= Post Graduate Diploma in Banking & Finance 7= Post Graduate Diploma in Investment & Business Research 8= Post Graduate Diploma in Global Investment After completing your education, you can get an investment banking job under following profiles - 1= Security Analysts 2= Foreign Exchange trader 3= Bank Manager 4= Financial Analysts 5= Financial Adviser 6= Research Analysts 7= Equity Researcher 8= Investment Banking Analysts There are other booming job options also that budding aspirants can explore - 1= Industry coverage 2= Corporate finance 3= Capital markets 4= Mergers and acquisitions 5= Project finance 6= Trading 7= Structured finance 8= Derivatives 9= Advisory 10= Equity and fixed Income research 11= International sales/Emerging markets 13= Public finance 14= Retail brokerage/ Private client coverage/ Stockbroker 15= Institutional sales 16= IT and systems 17= Ratings Analyst Are you ready for a highly rewarding banking career? The flourishing and prestigious nature of the job makes it a highly desirable career choice.
If you love crunching numbers and have an aptitude for finance & possess excellent communication skills, you can build a career in this direction.
Moreover, in a fast developing economy, like India, prospects for investment banking are quite alluring.
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